LCI INDUSTRIES (LCII)
US50189K1034 - Common Stock
Overall LCII gets a fundamental rating of 5 out of 10. We evaluated LCII against 82 industry peers in the Automobile Components industry. While LCII has a great health rating, there are worries on its profitability. LCII is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
LCII had positive earnings in the past year.
LCII had a positive operating cash flow in the past year.
In the past 5 years LCII has always been profitable.
Of the past 5 years LCII 4 years had a positive operating cash flow.
1.2 Ratios
The Return On Assets of LCII (4.33%) is worse than 63.41% of its industry peers.
LCII's Return On Equity of 9.23% is on the low side compared to the rest of the industry. LCII is outperformed by 63.41% of its industry peers.
The Return On Invested Capital of LCII (6.02%) is worse than 69.51% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for LCII is in line with the industry average of 9.42%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.33% | ||
| ROE | 9.23% | ||
| ROIC | 6.02% |
ROA(3y)7.69%
ROA(5y)7.57%
ROE(3y)19.89%
ROE(5y)19.08%
ROIC(3y)10%
ROIC(5y)9.73%
1.3 Margins
LCII has a Profit Margin of 3.47%. This is in the lower half of the industry: LCII underperforms 64.63% of its industry peers.
LCII's Profit Margin has declined in the last couple of years.
LCII has a worse Operating Margin (5.42%) than 68.29% of its industry peers.
LCII's Operating Margin has declined in the last couple of years.
LCII's Gross Margin of 23.08% is on the low side compared to the rest of the industry. LCII is outperformed by 67.07% of its industry peers.
LCII's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 5.42% | ||
| PM (TTM) | 3.47% | ||
| GM | 23.08% |
OM growth 3Y-25.76%
OM growth 5Y-16.49%
PM growth 3Y-33.1%
PM growth 5Y-22.33%
GM growth 3Y-6.7%
GM growth 5Y-0.49%
2. Health
2.1 Basic Checks
LCII has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
Compared to 1 year ago, LCII has more shares outstanding
Compared to 5 years ago, LCII has more shares outstanding
LCII has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 3.36 indicates that LCII is not in any danger for bankruptcy at the moment.
LCII's Altman-Z score of 3.36 is fine compared to the rest of the industry. LCII outperforms 78.05% of its industry peers.
The Debt to FCF ratio of LCII is 2.30, which is a good value as it means it would take LCII, 2.30 years of fcf income to pay off all of its debts.
LCII has a better Debt to FCF ratio (2.30) than 93.90% of its industry peers.
LCII has a Debt/Equity ratio of 0.58. This is a neutral value indicating LCII is somewhat dependend on debt financing.
LCII's Debt to Equity ratio of 0.58 is on the low side compared to the rest of the industry. LCII is outperformed by 75.61% of its industry peers.
Although LCII does not score too well on debt/equity it has very limited outstanding debt, which is well covered by the FCF. We will not put too much weight on the debt/equity number as it may be because of low equity, which could be a consequence of a share buyback program for instance. This needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.58 | ||
| Debt/FCF | 2.3 | ||
| Altman-Z | 3.36 |
ROIC/WACC0.76
WACC7.92%
2.3 Liquidity
A Current Ratio of 2.88 indicates that LCII has no problem at all paying its short term obligations.
The Current ratio of LCII (2.88) is better than 84.15% of its industry peers.
A Quick Ratio of 1.25 indicates that LCII should not have too much problems paying its short term obligations.
LCII has a Quick ratio of 1.25. This is in the better half of the industry: LCII outperforms 75.61% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.88 | ||
| Quick Ratio | 1.25 |
3. Growth
3.1 Past
LCII shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 164.95%, which is quite impressive.
LCII shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -15.49% yearly.
Looking at the last year, LCII shows a decrease in Revenue. The Revenue has decreased by -1.72% in the last year.
LCII shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 8.86% yearly.
EPS 1Y (TTM)164.95%
EPS 3Y-26.95%
EPS 5Y-15.49%
EPS Q2Q%36.27%
Revenue 1Y (TTM)-1.72%
Revenue growth 3Y10.62%
Revenue growth 5Y8.86%
Sales Q2Q%-4.57%
3.2 Future
Based on estimates for the next years, LCII will show a very strong growth in Earnings Per Share. The EPS will grow by 47.33% on average per year.
The Revenue is expected to grow by 3.11% on average over the next years.
EPS Next Y122.27%
EPS Next 2Y65.99%
EPS Next 3Y47.33%
EPS Next 5YN/A
Revenue Next Year-0.91%
Revenue Next 2Y1.7%
Revenue Next 3Y3.11%
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 20.36 indicates a rather expensive valuation of LCII.
LCII's Price/Earnings is on the same level as the industry average.
The average S&P500 Price/Earnings ratio is at 27.73. LCII is valued slightly cheaper when compared to this.
Based on the Price/Forward Earnings ratio of 15.01, the valuation of LCII can be described as correct.
Compared to the rest of the industry, the Price/Forward Earnings ratio of LCII indicates a slightly more expensive valuation: LCII is more expensive than 60.98% of the companies listed in the same industry.
LCII is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 22.83, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.36 | ||
| Fwd PE | 15.01 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, LCII is valued a bit more expensive than 67.07% of the companies in the same industry.
LCII's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. LCII is cheaper than 67.07% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.44 | ||
| EV/EBITDA | 10 |
4.3 Compensation for Growth
LCII's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as LCII's earnings are expected to grow with 47.33% in the coming years.
PEG (NY)0.17
PEG (5Y)N/A
EPS Next 2Y65.99%
EPS Next 3Y47.33%
5. Dividend
5.1 Amount
LCII has a Yearly Dividend Yield of 3.92%. Purely for dividend investing, there may be better candidates out there.
LCII's Dividend Yield is comparable with the industry average which is at 4.11.
Compared to an average S&P500 Dividend Yield of 2.24, LCII pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.92% |
5.2 History
The dividend of LCII is nicely growing with an annual growth rate of 12.12%!
LCII has been paying a dividend for over 5 years, so it has already some track record.
As LCII did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
Dividend Growth(5Y)12.12%
Div Incr Years8
Div Non Decr Years8
5.3 Sustainability
LCII pays out 81.55% of its income as dividend. This is not a sustainable payout ratio.
The dividend of LCII is growing, but earnings are growing more, so the dividend growth is sustainable.
DP81.55%
EPS Next 2Y65.99%
EPS Next 3Y47.33%
LCI INDUSTRIES
NYSE:LCII (12/20/2024, 8:21:53 PM)
After market: 104.65 0 (0%)104.65
-0.48 (-0.46%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobile Components
Earnings (Last)
Earnings (Next)
Inst Owners104.02%
Inst Owner Change-1.36%
Ins Owners5.6%
Ins Owner Change-0.7%
Market Cap2.66B
Analysts72.5
Price Target120.13 (14.79%)
Short Float %7.19%
Short Ratio8.43
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.92% |
Dividend Growth(5Y)12.12%
DP81.55%
Div Incr Years8
Div Non Decr Years8
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)4.44%
Min EPS beat(2)-0.22%
Max EPS beat(2)9.1%
EPS beat(4)2
Avg EPS beat(4)8.19%
Min EPS beat(4)-147.95%
Max EPS beat(4)171.82%
EPS beat(8)4
Avg EPS beat(8)29.7%
EPS beat(12)7
Avg EPS beat(12)26.51%
EPS beat(16)9
Avg EPS beat(16)21.47%
Revenue beat(2)0
Avg Revenue beat(2)-2.37%
Min Revenue beat(2)-2.74%
Max Revenue beat(2)-1.99%
Revenue beat(4)0
Avg Revenue beat(4)-1.99%
Min Revenue beat(4)-2.74%
Max Revenue beat(4)-1.19%
Revenue beat(8)1
Avg Revenue beat(8)-1.09%
Revenue beat(12)4
Avg Revenue beat(12)1.04%
Revenue beat(16)8
Avg Revenue beat(16)2.14%
PT rev (1m)-2.03%
PT rev (3m)1.97%
EPS NQ rev (1m)-43.44%
EPS NQ rev (3m)-54.27%
EPS NY rev (1m)-3.46%
EPS NY rev (3m)-4.87%
Revenue NQ rev (1m)-2.36%
Revenue NQ rev (3m)-12.14%
Revenue NY rev (1m)-47.04%
Revenue NY rev (3m)-49.79%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.36 | ||
| Fwd PE | 15.01 | ||
| P/S | 0.71 | ||
| P/FCF | 7.44 | ||
| P/OCF | 6.63 | ||
| P/B | 1.88 | ||
| P/tB | 6.47 | ||
| EV/EBITDA | 10 |
EPS(TTM)5.14
EY4.91%
EPS(NY)6.97
Fwd EY6.66%
FCF(TTM)14.07
FCFY13.44%
OCF(TTM)15.78
OCFY15.07%
SpS148.3
BVpS55.71
TBVpS16.17
PEG (NY)0.17
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.33% | ||
| ROE | 9.23% | ||
| ROCE | 7.9% | ||
| ROIC | 6.02% | ||
| ROICexc | 6.42% | ||
| ROICexgc | 10.95% | ||
| OM | 5.42% | ||
| PM (TTM) | 3.47% | ||
| GM | 23.08% | ||
| FCFM | 9.48% |
ROA(3y)7.69%
ROA(5y)7.57%
ROE(3y)19.89%
ROE(5y)19.08%
ROIC(3y)10%
ROIC(5y)9.73%
ROICexc(3y)10.21%
ROICexc(5y)9.95%
ROICexgc(3y)16.98%
ROICexgc(5y)17.29%
ROCE(3y)13.12%
ROCE(5y)12.76%
ROICexcg growth 3Y-28.73%
ROICexcg growth 5Y-21.64%
ROICexc growth 3Y-25.98%
ROICexc growth 5Y-23.54%
OM growth 3Y-25.76%
OM growth 5Y-16.49%
PM growth 3Y-33.1%
PM growth 5Y-22.33%
GM growth 3Y-6.7%
GM growth 5Y-0.49%
F-Score6
Asset Turnover1.25
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.58 | ||
| Debt/FCF | 2.3 | ||
| Debt/EBITDA | 2.46 | ||
| Cap/Depr | 33.76% | ||
| Cap/Sales | 1.15% | ||
| Interest Coverage | 5.85 | ||
| Cash Conversion | 120.37% | ||
| Profit Quality | 273.49% | ||
| Current Ratio | 2.88 | ||
| Quick Ratio | 1.25 | ||
| Altman-Z | 3.36 |
F-Score6
WACC7.92%
ROIC/WACC0.76
Cap/Depr(3y)78.68%
Cap/Depr(5y)74.34%
Cap/Sales(3y)2.12%
Cap/Sales(5y)2.17%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)164.95%
EPS 3Y-26.95%
EPS 5Y-15.49%
EPS Q2Q%36.27%
EPS Next Y122.27%
EPS Next 2Y65.99%
EPS Next 3Y47.33%
EPS Next 5YN/A
Revenue 1Y (TTM)-1.72%
Revenue growth 3Y10.62%
Revenue growth 5Y8.86%
Sales Q2Q%-4.57%
Revenue Next Year-0.91%
Revenue Next 2Y1.7%
Revenue Next 3Y3.11%
Revenue Next 5YN/A
EBIT growth 1Y109.39%
EBIT growth 3Y-17.88%
EBIT growth 5Y-9.09%
EBIT Next Year157.35%
EBIT Next 3Y48.01%
EBIT Next 5YN/A
FCF growth 1Y53.55%
FCF growth 3Y38.75%
FCF growth 5Y66.08%
OCF growth 1Y11.06%
OCF growth 3Y31.59%
OCF growth 5Y27.48%