LAMAR ADVERTISING CO-A (LAMR)
US5128161099 - REIT
Taking everything into account, LAMR scores 5 out of 10 in our fundamental rating. LAMR was compared to 28 industry peers in the Specialized REITs industry. While LAMR has a great profitability rating, there are quite some concerns on its financial health. LAMR is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year LAMR was profitable.
LAMR had a positive operating cash flow in the past year.
In the past 5 years LAMR has always been profitable.
Each year in the past 5 years LAMR had a positive operating cash flow.
1.2 Ratios
LAMR has a better Return On Assets (7.85%) than 96.43% of its industry peers.
LAMR has a Return On Equity of 42.22%. This is amongst the best in the industry. LAMR outperforms 96.43% of its industry peers.
The Return On Invested Capital of LAMR (9.31%) is better than 92.86% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for LAMR is above the industry average of 5.21%.
The last Return On Invested Capital (9.31%) for LAMR is above the 3 year average (8.13%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.85% | ||
| ROE | 42.22% | ||
| ROIC | 9.31% |
ROA(3y)6.91%
ROA(5y)6.24%
ROE(3y)36.42%
ROE(5y)32.19%
ROIC(3y)8.13%
ROIC(5y)7.62%
1.3 Margins
Looking at the Profit Margin, with a value of 23.44%, LAMR is in the better half of the industry, outperforming 64.29% of the companies in the same industry.
LAMR's Profit Margin has improved in the last couple of years.
LAMR has a Operating Margin of 31.21%. This is in the lower half of the industry: LAMR underperforms 64.29% of its industry peers.
In the last couple of years the Operating Margin of LAMR has grown nicely.
LAMR has a Gross Margin of 81.12%. This is in the better half of the industry: LAMR outperforms 71.43% of its industry peers.
LAMR's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 31.21% | ||
| PM (TTM) | 23.44% | ||
| GM | 81.12% |
OM growth 3Y7.47%
OM growth 5Y2%
PM growth 3Y14.86%
PM growth 5Y4.6%
GM growth 3Y-2.38%
GM growth 5Y4.54%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), LAMR is creating some value.
Compared to 1 year ago, LAMR has more shares outstanding
LAMR has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, LAMR has an improved debt to assets ratio.
2.2 Solvency
LAMR has an Altman-Z score of 1.86. This is not the best score and indicates that LAMR is in the grey zone with still only limited risk for bankruptcy at the moment.
With an excellent Altman-Z score value of 1.86, LAMR belongs to the best of the industry, outperforming 82.14% of the companies in the same industry.
The Debt to FCF ratio of LAMR is 4.53, which is a neutral value as it means it would take LAMR, 4.53 years of fcf income to pay off all of its debts.
With an excellent Debt to FCF ratio value of 4.53, LAMR belongs to the best of the industry, outperforming 92.86% of the companies in the same industry.
A Debt/Equity ratio of 2.48 is on the high side and indicates that LAMR has dependencies on debt financing.
The Debt to Equity ratio of LAMR (2.48) is worse than 71.43% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.48 | ||
| Debt/FCF | 4.53 | ||
| Altman-Z | 1.86 |
ROIC/WACC1.15
WACC8.11%
2.3 Liquidity
A Current Ratio of 0.56 indicates that LAMR may have some problems paying its short term obligations.
LAMR has a worse Current ratio (0.56) than 67.86% of its industry peers.
LAMR has a Quick Ratio of 0.56. This is a bad value and indicates that LAMR is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Quick ratio value of 0.56, LAMR is not doing good in the industry: 67.86% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.56 | ||
| Quick Ratio | 0.56 |
3. Growth
3.1 Past
LAMR shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 23.76%, which is quite impressive.
LAMR shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 8.54% yearly.
LAMR shows a small growth in Revenue. In the last year, the Revenue has grown by 4.45%.
The Revenue has been growing slightly by 5.34% on average over the past years.
EPS 1Y (TTM)23.76%
EPS 3Y23.9%
EPS 5Y8.54%
EPS Q2Q%5.11%
Revenue 1Y (TTM)4.45%
Revenue growth 3Y10.4%
Revenue growth 5Y5.34%
Sales Q2Q%3.97%
3.2 Future
LAMR is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 9.19% yearly.
Based on estimates for the next years, LAMR will show a small growth in Revenue. The Revenue will grow by 4.71% on average per year.
EPS Next Y5.05%
EPS Next 2Y9.09%
EPS Next 3Y9.19%
EPS Next 5YN/A
Revenue Next Year5.03%
Revenue Next 2Y4.96%
Revenue Next 3Y4.71%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 24.60, which indicates a rather expensive current valuation of LAMR.
71.43% of the companies in the same industry are more expensive than LAMR, based on the Price/Earnings ratio.
LAMR is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 27.73, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 21.31, the valuation of LAMR can be described as rather expensive.
Based on the Price/Forward Earnings ratio, LAMR is valued cheaper than 82.14% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.83, LAMR is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.6 | ||
| Fwd PE | 21.31 |
4.2 Price Multiples
60.71% of the companies in the same industry are more expensive than LAMR, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, LAMR is valued a bit cheaper than 78.57% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.48 | ||
| EV/EBITDA | 16.15 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates LAMR does not grow enough to justify the current Price/Earnings ratio.
LAMR has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)4.87
PEG (5Y)2.88
EPS Next 2Y9.09%
EPS Next 3Y9.19%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.58%, LAMR is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 4.85, LAMR has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.34, LAMR pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.58% |
5.2 History
The dividend of LAMR has a limited annual growth rate of 2.28%.
LAMR has paid a dividend for at least 10 years, which is a reliable track record.
LAMR has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)2.28%
Div Incr Years0
Div Non Decr Years3
5.3 Sustainability
LAMR pays out 105.05% of its income as dividend. This is not a sustainable payout ratio.
The dividend of LAMR is growing, but earnings are growing more, so the dividend growth is sustainable.
DP105.05%
EPS Next 2Y9.09%
EPS Next 3Y9.19%
LAMAR ADVERTISING CO-A
NASDAQ:LAMR (12/20/2024, 8:21:43 PM)
After market: 122.99 0 (0%)122.99
+0.7 (+0.57%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustrySpecialized REITs
Earnings (Last)
Earnings (Next)
Inst Owners94.83%
Inst Owner Change0.56%
Ins Owners0.83%
Ins Owner Change0%
Market Cap12.59B
Analysts72.31
Price Target136.68 (11.13%)
Short Float %2.7%
Short Ratio5.88
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.58% |
Dividend Growth(5Y)2.28%
DP105.05%
Div Incr Years0
Div Non Decr Years3
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-3.43%
Min EPS beat(2)-4.07%
Max EPS beat(2)-2.79%
EPS beat(4)1
Avg EPS beat(4)-2.33%
Min EPS beat(4)-8.39%
Max EPS beat(4)5.92%
EPS beat(8)1
Avg EPS beat(8)-10.5%
EPS beat(12)5
Avg EPS beat(12)-4.79%
EPS beat(16)8
Avg EPS beat(16)0.4%
Revenue beat(2)0
Avg Revenue beat(2)-4.39%
Min Revenue beat(2)-6.86%
Max Revenue beat(2)-1.92%
Revenue beat(4)0
Avg Revenue beat(4)-2.44%
Min Revenue beat(4)-6.86%
Max Revenue beat(4)-0.49%
Revenue beat(8)0
Avg Revenue beat(8)-2.05%
Revenue beat(12)3
Avg Revenue beat(12)-0.61%
Revenue beat(16)7
Avg Revenue beat(16)-0.1%
PT rev (1m)3.28%
PT rev (3m)3.88%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-2.15%
EPS NY rev (1m)-1.18%
EPS NY rev (3m)-1.44%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.54%
Revenue NY rev (1m)-0.27%
Revenue NY rev (3m)-0.22%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.6 | ||
| Fwd PE | 21.31 | ||
| P/S | 5.77 | ||
| P/FCF | 17.48 | ||
| P/OCF | 14.84 | ||
| P/B | 10.38 | ||
| P/tB | N/A | ||
| EV/EBITDA | 16.15 |
EPS(TTM)5
EY4.07%
EPS(NY)5.77
Fwd EY4.69%
FCF(TTM)7.04
FCFY5.72%
OCF(TTM)8.29
OCFY6.74%
SpS21.33
BVpS11.84
TBVpS-18.65
PEG (NY)4.87
PEG (5Y)2.88
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.85% | ||
| ROE | 42.22% | ||
| ROCE | 11.79% | ||
| ROIC | 9.31% | ||
| ROICexc | 9.36% | ||
| ROICexgc | 20.47% | ||
| OM | 31.21% | ||
| PM (TTM) | 23.44% | ||
| GM | 81.12% | ||
| FCFM | 32.98% |
ROA(3y)6.91%
ROA(5y)6.24%
ROE(3y)36.42%
ROE(5y)32.19%
ROIC(3y)8.13%
ROIC(5y)7.62%
ROICexc(3y)8.23%
ROICexc(5y)7.71%
ROICexgc(3y)18.76%
ROICexgc(5y)17.47%
ROCE(3y)10.29%
ROCE(5y)9.64%
ROICexcg growth 3Y13.84%
ROICexcg growth 5Y-7.43%
ROICexc growth 3Y13.8%
ROICexc growth 5Y0.07%
OM growth 3Y7.47%
OM growth 5Y2%
PM growth 3Y14.86%
PM growth 5Y4.6%
GM growth 3Y-2.38%
GM growth 5Y4.54%
F-Score7
Asset Turnover0.33
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.48 | ||
| Debt/FCF | 4.53 | ||
| Debt/EBITDA | 3.07 | ||
| Cap/Depr | 43.06% | ||
| Cap/Sales | 5.88% | ||
| Interest Coverage | 4 | ||
| Cash Conversion | 86.63% | ||
| Profit Quality | 140.72% | ||
| Current Ratio | 0.56 | ||
| Quick Ratio | 0.56 | ||
| Altman-Z | 1.86 |
F-Score7
WACC8.11%
ROIC/WACC1.15
Cap/Depr(3y)51.69%
Cap/Depr(5y)47.25%
Cap/Sales(3y)7.91%
Cap/Sales(5y)7.15%
Profit Quality(3y)139.76%
Profit Quality(5y)152%
High Growth Momentum
Growth
EPS 1Y (TTM)23.76%
EPS 3Y23.9%
EPS 5Y8.54%
EPS Q2Q%5.11%
EPS Next Y5.05%
EPS Next 2Y9.09%
EPS Next 3Y9.19%
EPS Next 5YN/A
Revenue 1Y (TTM)4.45%
Revenue growth 3Y10.4%
Revenue growth 5Y5.34%
Sales Q2Q%3.97%
Revenue Next Year5.03%
Revenue Next 2Y4.96%
Revenue Next 3Y4.71%
Revenue Next 5YN/A
EBIT growth 1Y18.54%
EBIT growth 3Y18.65%
EBIT growth 5Y7.45%
EBIT Next Year52.04%
EBIT Next 3Y19.42%
EBIT Next 5YN/A
FCF growth 1Y17.69%
FCF growth 3Y6.05%
FCF growth 5Y6.24%
OCF growth 1Y8.33%
OCF growth 3Y11.2%
OCF growth 5Y6.77%