LAMAR ADVERTISING CO-A (LAMR) Stock Fundamental Analysis
USA - NASDAQ:LAMR - US5128161099 - REIT
126.36 USD
-1.38 (-1.08%)
126.36 USD
0 (0%)
We assign a fundamental rating of 5 out of 10 to LAMR. LAMR was compared to 29 industry peers in the Specialized REITs industry. LAMR has a medium profitability rating, but doesn't score so well on its financial health evaluation. LAMR has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
LAMR had positive earnings in the past year.
LAMR had a positive operating cash flow in the past year.
In the past 5 years LAMR has always been profitable.
In the past 5 years LAMR always reported a positive cash flow from operatings.
1.2 Ratios
LAMR has a better Return On Assets (6.58%) than 86.21% of its industry peers.
LAMR has a Return On Equity of 48.51%. This is amongst the best in the industry. LAMR outperforms 100.00% of its industry peers.
LAMR has a Return On Invested Capital of 7.18%. This is amongst the best in the industry. LAMR outperforms 89.66% of its industry peers.
LAMR had an Average Return On Invested Capital over the past 3 years of 7.98%. This is above the industry average of 4.79%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.58% | ||
| ROE | 48.51% | ||
| ROIC | 7.18% |
ROA(3y)6.6%
ROA(5y)6.08%
ROE(3y)37.3%
ROE(5y)32.79%
ROIC(3y)7.98%
ROIC(5y)7.52%
1.3 Margins
LAMR has a Profit Margin (19.70%) which is in line with its industry peers.
In the last couple of years the Profit Margin of LAMR has declined.
The Operating Margin of LAMR (24.01%) is worse than 68.97% of its industry peers.
In the last couple of years the Operating Margin of LAMR has declined.
LAMR has a Gross Margin of 81.58%. This is amongst the best in the industry. LAMR outperforms 86.21% of its industry peers.
LAMR's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 24.01% | ||
| PM (TTM) | 19.7% | ||
| GM | 81.58% |
OM growth 3Y-6.38%
OM growth 5Y-3.92%
PM growth 3Y-8.94%
PM growth 5Y-5.03%
GM growth 3Y-1%
GM growth 5Y-1.65%
2. Health
2.1 Basic Checks
LAMR has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
The number of shares outstanding for LAMR has been increased compared to 1 year ago.
The number of shares outstanding for LAMR has been increased compared to 5 years ago.
The debt/assets ratio for LAMR has been reduced compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 1.66, we must say that LAMR is in the distress zone and has some risk of bankruptcy.
With an excellent Altman-Z score value of 1.66, LAMR belongs to the best of the industry, outperforming 82.76% of the companies in the same industry.
The Debt to FCF ratio of LAMR is 4.67, which is a neutral value as it means it would take LAMR, 4.67 years of fcf income to pay off all of its debts.
LAMR has a Debt to FCF ratio of 4.67. This is amongst the best in the industry. LAMR outperforms 96.55% of its industry peers.
LAMR has a Debt/Equity ratio of 3.45. This is a high value indicating a heavy dependency on external financing.
LAMR's Debt to Equity ratio of 3.45 is on the low side compared to the rest of the industry. LAMR is outperformed by 75.86% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.45 | ||
| Debt/FCF | 4.67 | ||
| Altman-Z | 1.66 |
ROIC/WACC0.93
WACC7.73%
2.3 Liquidity
A Current Ratio of 0.58 indicates that LAMR may have some problems paying its short term obligations.
The Current ratio of LAMR (0.58) is worse than 62.07% of its industry peers.
A Quick Ratio of 0.58 indicates that LAMR may have some problems paying its short term obligations.
LAMR has a worse Quick ratio (0.58) than 62.07% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.58 | ||
| Quick Ratio | 0.58 |
3. Growth
3.1 Past
LAMR shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -12.78%.
The Earnings Per Share has been decreasing by -0.56% on average over the past years.
Looking at the last year, LAMR shows a small growth in Revenue. The Revenue has grown by 3.08% in the last year.
Measured over the past years, LAMR shows a small growth in Revenue. The Revenue has been growing by 4.71% on average per year.
EPS 1Y (TTM)-12.78%
EPS 3Y-2.6%
EPS 5Y-0.56%
EPS Q2Q%13.43%
Revenue 1Y (TTM)3.08%
Revenue growth 3Y7.28%
Revenue growth 5Y4.71%
Sales Q2Q%2.49%
3.2 Future
The Earnings Per Share is expected to grow by 23.81% on average over the next years. This is a very strong growth
Based on estimates for the next years, LAMR will show a small growth in Revenue. The Revenue will grow by 3.54% on average per year.
EPS Next Y69.82%
EPS Next 2Y30.33%
EPS Next 3Y23.81%
EPS Next 5YN/A
Revenue Next Year2.44%
Revenue Next 2Y3.08%
Revenue Next 3Y3.54%
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 accelerating.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 29.39 indicates a quite expensive valuation of LAMR.
Based on the Price/Earnings ratio, LAMR is valued a bit cheaper than 65.52% of the companies in the same industry.
LAMR is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 27.20, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 21.07 indicates a rather expensive valuation of LAMR.
LAMR's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. LAMR is cheaper than 79.31% of the companies in the same industry.
LAMR's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 22.71.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.39 | ||
| Fwd PE | 21.07 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, LAMR is valued a bit cheaper than the industry average as 72.41% of the companies are valued more expensively.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of LAMR indicates a somewhat cheap valuation: LAMR is cheaper than 75.86% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.7 | ||
| EV/EBITDA | 16.23 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
LAMR has a very decent profitability rating, which may justify a higher PE ratio.
LAMR's earnings are expected to grow with 23.81% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.42
PEG (5Y)N/A
EPS Next 2Y30.33%
EPS Next 3Y23.81%
5. Dividend
5.1 Amount
LAMR has a Yearly Dividend Yield of 4.81%, which is a nice return.
LAMR's Dividend Yield is comparable with the industry average which is at 5.99.
Compared to an average S&P500 Dividend Yield of 2.38, LAMR pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.81% |
5.2 History
On average, the dividend of LAMR grows each year by 8.03%, which is quite nice.
LAMR has been paying a dividend for at least 10 years, so it has a reliable track record.
LAMR has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)8.03%
Div Incr Years1
Div Non Decr Years4
5.3 Sustainability
143.32% of the earnings are spent on dividend by LAMR. This is not a sustainable payout ratio.
LAMR's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP143.32%
EPS Next 2Y30.33%
EPS Next 3Y23.81%
126.36
-1.38 (-1.08%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustrySpecialized REITs
Earnings (Last)
Earnings (Next)
Inst Owners98.7%
Inst Owner Change0.43%
Ins Owners0.78%
Ins Owner Change0.68%
Market Cap12.79B
Analysts75.38
Price Target134.9 (6.76%)
Short Float %6.91%
Short Ratio10
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.81% |
Yearly Dividend5.67
Dividend Growth(5Y)8.03%
DP143.32%
Div Incr Years1
Div Non Decr Years4
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-0.56%
Min EPS beat(2)-3.55%
Max EPS beat(2)2.42%
EPS beat(4)1
Avg EPS beat(4)-26.15%
Min EPS beat(4)-100.67%
Max EPS beat(4)2.42%
EPS beat(8)2
Avg EPS beat(8)-14.26%
EPS beat(12)3
Avg EPS beat(12)-15.37%
EPS beat(16)6
Avg EPS beat(16)-10.6%
Revenue beat(2)0
Avg Revenue beat(2)-2.4%
Min Revenue beat(2)-2.61%
Max Revenue beat(2)-2.2%
Revenue beat(4)0
Avg Revenue beat(4)-3.56%
Min Revenue beat(4)-6.86%
Max Revenue beat(4)-2.2%
Revenue beat(8)0
Avg Revenue beat(8)-2.37%
Revenue beat(12)0
Avg Revenue beat(12)-2.03%
Revenue beat(16)4
Avg Revenue beat(16)-0.8%
PT rev (1m)-1.49%
PT rev (3m)1.54%
EPS NQ rev (1m)4.14%
EPS NQ rev (3m)3.45%
EPS NY rev (1m)0.14%
EPS NY rev (3m)3.24%
Revenue NQ rev (1m)0.42%
Revenue NQ rev (3m)0.11%
Revenue NY rev (1m)-0.52%
Revenue NY rev (3m)-0.43%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.39 | ||
| Fwd PE | 21.07 | ||
| P/S | 5.74 | ||
| P/FCF | 17.7 | ||
| P/OCF | 14.8 | ||
| P/B | 14.13 | ||
| P/tB | N/A | ||
| EV/EBITDA | 16.23 |
EPS(TTM)4.3
EY3.4%
EPS(NY)6
Fwd EY4.74%
FCF(TTM)7.14
FCFY5.65%
OCF(TTM)8.54
OCFY6.75%
SpS22.02
BVpS8.94
TBVpS-21.69
PEG (NY)0.42
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.58% | ||
| ROE | 48.51% | ||
| ROCE | 9.08% | ||
| ROIC | 7.18% | ||
| ROICexc | 7.24% | ||
| ROICexgc | 15.45% | ||
| OM | 24.01% | ||
| PM (TTM) | 19.7% | ||
| GM | 81.58% | ||
| FCFM | 32.43% |
ROA(3y)6.6%
ROA(5y)6.08%
ROE(3y)37.3%
ROE(5y)32.79%
ROIC(3y)7.98%
ROIC(5y)7.52%
ROICexc(3y)8.04%
ROICexc(5y)7.62%
ROICexgc(3y)18.03%
ROICexgc(5y)17.14%
ROCE(3y)10.1%
ROCE(5y)9.52%
ROICexcg growth 3Y-4.28%
ROICexcg growth 5Y-1.97%
ROICexc growth 3Y-2.39%
ROICexc growth 5Y-1.27%
OM growth 3Y-6.38%
OM growth 5Y-3.92%
PM growth 3Y-8.94%
PM growth 5Y-5.03%
GM growth 3Y-1%
GM growth 5Y-1.65%
F-Score7
Asset Turnover0.33
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.45 | ||
| Debt/FCF | 4.67 | ||
| Debt/EBITDA | 3.12 | ||
| Cap/Depr | 30.28% | ||
| Cap/Sales | 6.34% | ||
| Interest Coverage | 3.43 | ||
| Cash Conversion | 86.26% | ||
| Profit Quality | 164.62% | ||
| Current Ratio | 0.58 | ||
| Quick Ratio | 0.58 | ||
| Altman-Z | 1.66 |
F-Score7
WACC7.73%
ROIC/WACC0.93
Cap/Depr(3y)45.21%
Cap/Depr(5y)41.38%
Cap/Sales(3y)7.45%
Cap/Sales(5y)6.67%
Profit Quality(3y)156.47%
Profit Quality(5y)167.04%
High Growth Momentum
Growth
EPS 1Y (TTM)-12.78%
EPS 3Y-2.6%
EPS 5Y-0.56%
EPS Q2Q%13.43%
EPS Next Y69.82%
EPS Next 2Y30.33%
EPS Next 3Y23.81%
EPS Next 5YN/A
Revenue 1Y (TTM)3.08%
Revenue growth 3Y7.28%
Revenue growth 5Y4.71%
Sales Q2Q%2.49%
Revenue Next Year2.44%
Revenue Next 2Y3.08%
Revenue Next 3Y3.54%
Revenue Next 5YN/A
EBIT growth 1Y-21.82%
EBIT growth 3Y0.44%
EBIT growth 5Y0.6%
EBIT Next Year53.13%
EBIT Next 3Y18.72%
EBIT Next 5YN/A
FCF growth 1Y22.16%
FCF growth 3Y7.15%
FCF growth 5Y8.84%
OCF growth 1Y11.35%
OCF growth 3Y5.96%
OCF growth 5Y6.73%