LCI INDUSTRIES (LCII) Stock Fundamental Analysis
USA - NYSE:LCII - US50189K1034 - Common Stock
91 USD
+0.09 (+0.1%)
91 USD
0 (0%)
Taking everything into account, LCII scores 5 out of 10 in our fundamental rating. LCII was compared to 83 industry peers in the Automobile Components industry. LCII has an average financial health and profitability rating. LCII is not valued too expensively and it also shows a decent growth rate. LCII also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
LCII had positive earnings in the past year.
In the past year LCII had a positive cash flow from operations.
LCII had positive earnings in each of the past 5 years.
Of the past 5 years LCII 4 years had a positive operating cash flow.
1.2 Ratios
LCII has a better Return On Assets (4.81%) than 90.36% of its industry peers.
LCII has a better Return On Equity (11.02%) than 91.57% of its industry peers.
With a Return On Invested Capital value of 6.80%, LCII is not doing good in the industry: 65.06% of the companies in the same industry are doing better.
The Average Return On Invested Capital over the past 3 years for LCII is in line with the industry average of 8.52%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.81% | ||
| ROE | 11.02% | ||
| ROIC | 6.8% |
ROA(3y)6.42%
ROA(5y)6.98%
ROE(3y)14.55%
ROE(5y)17.48%
ROIC(3y)8.45%
ROIC(5y)9.17%
1.3 Margins
LCII has a Profit Margin (3.94%) which is comparable to the rest of the industry.
In the last couple of years the Profit Margin of LCII has declined.
Looking at the Operating Margin, with a value of 6.18%, LCII is doing worse than 63.86% of the companies in the same industry.
LCII's Operating Margin has declined in the last couple of years.
With a Gross Margin value of 23.53%, LCII is not doing good in the industry: 63.86% of the companies in the same industry are doing better.
In the last couple of years the Gross Margin of LCII has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.18% | ||
| PM (TTM) | 3.94% | ||
| GM | 23.53% |
OM growth 3Y-13.16%
OM growth 5Y-7.13%
PM growth 3Y-15.96%
PM growth 5Y-9.17%
GM growth 3Y0.28%
GM growth 5Y0.67%
2. Health
2.1 Basic Checks
LCII has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for LCII has been increased compared to 1 year ago.
The number of shares outstanding for LCII has been increased compared to 5 years ago.
Compared to 1 year ago, LCII has an improved debt to assets ratio.
2.2 Solvency
LCII has an Altman-Z score of 3.09. This indicates that LCII is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of LCII (3.09) is better than 68.67% of its industry peers.
The Debt to FCF ratio of LCII is 3.19, which is a good value as it means it would take LCII, 3.19 years of fcf income to pay off all of its debts.
LCII's Debt to FCF ratio of 3.19 is amongst the best of the industry. LCII outperforms 92.77% of its industry peers.
A Debt/Equity ratio of 0.68 indicates that LCII is somewhat dependend on debt financing.
LCII has a worse Debt to Equity ratio (0.68) than 77.11% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.68 | ||
| Debt/FCF | 3.19 | ||
| Altman-Z | 3.09 |
ROIC/WACC0.8
WACC8.47%
2.3 Liquidity
LCII has a Current Ratio of 2.80. This indicates that LCII is financially healthy and has no problem in meeting its short term obligations.
LCII's Current ratio of 2.80 is amongst the best of the industry. LCII outperforms 86.75% of its industry peers.
LCII has a Quick Ratio of 1.34. This is a normal value and indicates that LCII is financially healthy and should not expect problems in meeting its short term obligations.
The Quick ratio of LCII (1.34) is better than 75.90% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.8 | ||
| Quick Ratio | 1.34 |
3. Growth
3.1 Past
LCII shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 32.91%, which is quite impressive.
The Earnings Per Share has been decreasing by -0.80% on average over the past years.
The Revenue has been growing slightly by 1.36% in the past year.
The Revenue has been growing by 9.55% on average over the past years. This is quite good.
EPS 1Y (TTM)32.91%
EPS 3Y-20.96%
EPS 5Y-0.8%
EPS Q2Q%-0.42%
Revenue 1Y (TTM)1.36%
Revenue growth 3Y-5.78%
Revenue growth 5Y9.55%
Sales Q2Q%5%
3.2 Future
The Earnings Per Share is expected to grow by 14.34% on average over the next years. This is quite good.
The Revenue is expected to grow by 3.93% on average over the next years.
EPS Next Y13.77%
EPS Next 2Y14.34%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year5.41%
Revenue Next 2Y4.86%
Revenue Next 3Y3.93%
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
The Price/Earnings ratio is 14.35, which indicates a correct valuation of LCII.
60.24% of the companies in the same industry are more expensive than LCII, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 27.67, LCII is valued a bit cheaper.
Based on the Price/Forward Earnings ratio of 12.43, the valuation of LCII can be described as correct.
Compared to the rest of the industry, the Price/Forward Earnings ratio of LCII is on the same level as its industry peers.
The average S&P500 Price/Forward Earnings ratio is at 23.33. LCII is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.35 | ||
| Fwd PE | 12.43 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of LCII is on the same level as its industry peers.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of LCII indicates a rather cheap valuation: LCII is cheaper than 92.77% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.42 | ||
| EV/EBITDA | 8.23 |
4.3 Compensation for Growth
LCII's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
A more expensive valuation may be justified as LCII's earnings are expected to grow with 14.34% in the coming years.
PEG (NY)1.04
PEG (5Y)N/A
EPS Next 2Y14.34%
EPS Next 3YN/A
5. Dividend
5.1 Amount
LCII has a Yearly Dividend Yield of 5.25%, which is a nice return.
Compared to an average industry Dividend Yield of 4.48, LCII pays a better dividend. On top of this LCII pays more dividend than 100.00% of the companies listed in the same industry.
LCII's Dividend Yield is rather good when compared to the S&P500 average which is at 2.35.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.25% |
5.2 History
On average, the dividend of LCII grows each year by 11.01%, which is quite nice.
LCII has been paying a dividend for at least 10 years, so it has a reliable track record.
As LCII did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
Dividend Growth(5Y)11.01%
Div Incr Years8
Div Non Decr Years8
5.3 Sustainability
LCII pays out 75.26% of its income as dividend. This is not a sustainable payout ratio.
LCII's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP75.26%
EPS Next 2Y14.34%
EPS Next 3YN/A
91
+0.09 (+0.1%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobile Components
Earnings (Last)
Earnings (Next)
Inst Owners112.18%
Inst Owner Change-0.43%
Ins Owners2.23%
Ins Owner Change1.02%
Market Cap2.21B
Revenue(TTM)3.87B
Net Income(TTM)152.62M
Analysts73.33
Price Target109.03 (19.81%)
Short Float %9.2%
Short Ratio7.4
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.25% |
Yearly Dividend4.31
Dividend Growth(5Y)11.01%
DP75.26%
Div Incr Years8
Div Non Decr Years8
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)20.07%
Min EPS beat(2)2.38%
Max EPS beat(2)37.76%
EPS beat(4)3
Avg EPS beat(4)16.46%
Min EPS beat(4)-0.22%
Max EPS beat(4)37.76%
EPS beat(8)5
Avg EPS beat(8)8.13%
EPS beat(12)7
Avg EPS beat(12)25.23%
EPS beat(16)10
Avg EPS beat(16)23.96%
Revenue beat(2)2
Avg Revenue beat(2)3.32%
Min Revenue beat(2)1.21%
Max Revenue beat(2)5.43%
Revenue beat(4)2
Avg Revenue beat(4)0.16%
Min Revenue beat(4)-3.27%
Max Revenue beat(4)5.43%
Revenue beat(8)2
Avg Revenue beat(8)-1.41%
Revenue beat(12)3
Avg Revenue beat(12)-0.81%
Revenue beat(16)7
Avg Revenue beat(16)1.33%
PT rev (1m)1.79%
PT rev (3m)6.05%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-7.04%
EPS NY rev (1m)-3.33%
EPS NY rev (3m)-4.93%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.31%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.65%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.35 | ||
| Fwd PE | 12.43 | ||
| P/S | 0.57 | ||
| P/FCF | 7.42 | ||
| P/OCF | 6.48 | ||
| P/B | 1.59 | ||
| P/tB | 6.43 | ||
| EV/EBITDA | 8.23 |
EPS(TTM)6.34
EY6.97%
EPS(NY)7.32
Fwd EY8.05%
FCF(TTM)12.26
FCFY13.47%
OCF(TTM)14.04
OCFY15.42%
SpS159.71
BVpS57.14
TBVpS14.16
PEG (NY)1.04
PEG (5Y)N/A
Graham Number90.28
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.81% | ||
| ROE | 11.02% | ||
| ROCE | 8.89% | ||
| ROIC | 6.8% | ||
| ROICexc | 7.32% | ||
| ROICexgc | 12.55% | ||
| OM | 6.18% | ||
| PM (TTM) | 3.94% | ||
| GM | 23.53% | ||
| FCFM | 7.67% |
ROA(3y)6.42%
ROA(5y)6.98%
ROE(3y)14.55%
ROE(5y)17.48%
ROIC(3y)8.45%
ROIC(5y)9.17%
ROICexc(3y)8.73%
ROICexc(5y)9.44%
ROICexgc(3y)14.55%
ROICexgc(5y)16.27%
ROCE(3y)11.06%
ROCE(5y)12%
ROICexgc growth 3Y-14.37%
ROICexgc growth 5Y-6.81%
ROICexc growth 3Y-15%
ROICexc growth 5Y-6.05%
OM growth 3Y-13.16%
OM growth 5Y-7.13%
PM growth 3Y-15.96%
PM growth 5Y-9.17%
GM growth 3Y0.28%
GM growth 5Y0.67%
F-Score5
Asset Turnover1.22
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.68 | ||
| Debt/FCF | 3.19 | ||
| Debt/EBITDA | 2.62 | ||
| Cap/Depr | 35.76% | ||
| Cap/Sales | 1.11% | ||
| Interest Coverage | 7.99 | ||
| Cash Conversion | 94.55% | ||
| Profit Quality | 194.68% | ||
| Current Ratio | 2.8 | ||
| Quick Ratio | 1.34 | ||
| Altman-Z | 3.09 |
F-Score5
WACC8.47%
ROIC/WACC0.8
Cap/Depr(3y)60.67%
Cap/Depr(5y)65.64%
Cap/Sales(3y)1.76%
Cap/Sales(5y)1.91%
Profit Quality(3y)357.8%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)32.91%
EPS 3Y-20.96%
EPS 5Y-0.8%
EPS Q2Q%-0.42%
EPS Next Y13.77%
EPS Next 2Y14.34%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)1.36%
Revenue growth 3Y-5.78%
Revenue growth 5Y9.55%
Sales Q2Q%5%
Revenue Next Year5.41%
Revenue Next 2Y4.86%
Revenue Next 3Y3.93%
Revenue Next 5YN/A
EBIT growth 1Y21.56%
EBIT growth 3Y-18.18%
EBIT growth 5Y1.74%
EBIT Next Year66.59%
EBIT Next 3Y22.57%
EBIT Next 5YN/A
FCF growth 1Y-31.58%
FCF growth 3YN/A
FCF growth 5Y9.19%
OCF growth 1Y-35.58%
OCF growth 3YN/A
OCF growth 5Y6.56%