LITTELFUSE INC (LFUS) Stock Fundamental Analysis
USA - NASDAQ:LFUS - US5370081045 - Common Stock
263.96 USD
-7.21 (-2.66%)
263.96 USD
0 (0%)
Overall LFUS gets a fundamental rating of 6 out of 10. We evaluated LFUS against 125 industry peers in the Electronic Equipment, Instruments & Components industry. LFUS has an excellent financial health rating, but there are some minor concerns on its profitability. LFUS has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year LFUS was profitable.
In the past year LFUS had a positive cash flow from operations.
In the past 5 years LFUS has always been profitable.
Each year in the past 5 years LFUS had a positive operating cash flow.
1.2 Ratios
LFUS has a better Return On Assets (2.64%) than 61.60% of its industry peers.
LFUS has a Return On Equity (4.13%) which is comparable to the rest of the industry.
LFUS has a better Return On Invested Capital (6.15%) than 66.40% of its industry peers.
The Average Return On Invested Capital over the past 3 years for LFUS is in line with the industry average of 9.48%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.64% | ||
| ROE | 4.13% | ||
| ROIC | 6.15% |
ROA(3y)6.21%
ROA(5y)6.47%
ROE(3y)10.5%
ROE(5y)10.91%
ROIC(3y)8.41%
ROIC(5y)8.36%
1.3 Margins
Looking at the Profit Margin, with a value of 4.73%, LFUS is in the better half of the industry, outperforming 68.00% of the companies in the same industry.
LFUS's Profit Margin has declined in the last couple of years.
Looking at the Operating Margin, with a value of 13.81%, LFUS belongs to the top of the industry, outperforming 85.60% of the companies in the same industry.
LFUS's Operating Margin has declined in the last couple of years.
LFUS has a better Gross Margin (36.74%) than 61.60% of its industry peers.
LFUS's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 13.81% | ||
| PM (TTM) | 4.73% | ||
| GM | 36.74% |
OM growth 3Y-13.65%
OM growth 5Y-2.27%
PM growth 3Y-30.54%
PM growth 5Y-13.14%
GM growth 3Y-1.06%
GM growth 5Y-0.21%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so LFUS is destroying value.
The number of shares outstanding for LFUS has been reduced compared to 1 year ago.
The number of shares outstanding for LFUS has been increased compared to 5 years ago.
The debt/assets ratio for LFUS is higher compared to a year ago.
2.2 Solvency
An Altman-Z score of 4.48 indicates that LFUS is not in any danger for bankruptcy at the moment.
The Altman-Z score of LFUS (4.48) is better than 66.40% of its industry peers.
The Debt to FCF ratio of LFUS is 2.57, which is a good value as it means it would take LFUS, 2.57 years of fcf income to pay off all of its debts.
LFUS has a Debt to FCF ratio of 2.57. This is in the better half of the industry: LFUS outperforms 73.60% of its industry peers.
LFUS has a Debt/Equity ratio of 0.31. This is a healthy value indicating a solid balance between debt and equity.
LFUS has a Debt to Equity ratio of 0.31. This is comparable to the rest of the industry: LFUS outperforms 41.60% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.31 | ||
| Debt/FCF | 2.57 | ||
| Altman-Z | 4.48 |
ROIC/WACC0.68
WACC9.02%
2.3 Liquidity
LFUS has a Current Ratio of 4.06. This indicates that LFUS is financially healthy and has no problem in meeting its short term obligations.
With a decent Current ratio value of 4.06, LFUS is doing good in the industry, outperforming 76.80% of the companies in the same industry.
A Quick Ratio of 2.98 indicates that LFUS has no problem at all paying its short term obligations.
LFUS has a better Quick ratio (2.98) than 76.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 4.06 | ||
| Quick Ratio | 2.98 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 12.27% over the past year.
LFUS shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 4.45% yearly.
Looking at the last year, LFUS shows a small growth in Revenue. The Revenue has grown by 1.33% in the last year.
The Revenue has been growing slightly by 7.81% on average over the past years.
EPS 1Y (TTM)12.27%
EPS 3Y-13.69%
EPS 5Y4.45%
EPS Q2Q%44.67%
Revenue 1Y (TTM)1.33%
Revenue growth 3Y1.75%
Revenue growth 5Y7.81%
Sales Q2Q%9.83%
3.2 Future
Based on estimates for the next years, LFUS will show a quite strong growth in Earnings Per Share. The EPS will grow by 17.81% on average per year.
Based on estimates for the next years, LFUS will show a small growth in Revenue. The Revenue will grow by 7.60% on average per year.
EPS Next Y25.91%
EPS Next 2Y22.48%
EPS Next 3Y23.58%
EPS Next 5Y17.81%
Revenue Next Year9.28%
Revenue Next 2Y8.45%
Revenue Next 3Y8.49%
Revenue Next 5Y7.6%
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 stable.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 26.96, LFUS can be considered very expensive at the moment.
LFUS's Price/Earnings ratio is a bit cheaper when compared to the industry. LFUS is cheaper than 68.80% of the companies in the same industry.
When comparing the Price/Earnings ratio of LFUS to the average of the S&P500 Index (27.30), we can say LFUS is valued inline with the index average.
LFUS is valuated rather expensively with a Price/Forward Earnings ratio of 20.75.
Based on the Price/Forward Earnings ratio, LFUS is valued a bit cheaper than the industry average as 68.80% of the companies are valued more expensively.
LFUS is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 22.73, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.96 | ||
| Fwd PE | 20.75 |
4.2 Price Multiples
72.80% of the companies in the same industry are more expensive than LFUS, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, LFUS is valued a bit cheaper than the industry average as 80.00% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 20.76 | ||
| EV/EBITDA | 14.98 |
4.3 Compensation for Growth
LFUS's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
LFUS has a very decent profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as LFUS's earnings are expected to grow with 23.58% in the coming years.
PEG (NY)1.04
PEG (5Y)6.05
EPS Next 2Y22.48%
EPS Next 3Y23.58%
5. Dividend
5.1 Amount
LFUS has a Yearly Dividend Yield of 1.11%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 1.39, LFUS pays a better dividend. On top of this LFUS pays more dividend than 88.00% of the companies listed in the same industry.
With a Dividend Yield of 1.11, LFUS pays less dividend than the S&P500 average, which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.11% |
5.2 History
On average, the dividend of LFUS grows each year by 13.74%, which is quite nice.
LFUS has paid a dividend for at least 10 years, which is a reliable track record.
LFUS has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)13.74%
Div Incr Years14
Div Non Decr Years14
5.3 Sustainability
LFUS pays out 64.76% of its income as dividend. This is not a sustainable payout ratio.
LFUS's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP64.76%
EPS Next 2Y22.48%
EPS Next 3Y23.58%
263.96
-7.21 (-2.66%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners108.2%
Inst Owner Change-3.27%
Ins Owners0.89%
Ins Owner Change5.72%
Market Cap6.54B
Analysts78
Price Target303.74 (15.07%)
Short Float %2.29%
Short Ratio3.11
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.11% |
Yearly Dividend2.7
Dividend Growth(5Y)13.74%
DP64.76%
Div Incr Years14
Div Non Decr Years14
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)19.41%
Min EPS beat(2)18.62%
Max EPS beat(2)20.19%
EPS beat(4)3
Avg EPS beat(4)15.72%
Min EPS beat(4)-2.99%
Max EPS beat(4)27.07%
EPS beat(8)5
Avg EPS beat(8)9.59%
EPS beat(12)8
Avg EPS beat(12)8.63%
EPS beat(16)12
Avg EPS beat(16)11.63%
Revenue beat(2)2
Avg Revenue beat(2)2.48%
Min Revenue beat(2)0.61%
Max Revenue beat(2)4.34%
Revenue beat(4)2
Avg Revenue beat(4)0.92%
Min Revenue beat(4)-1.07%
Max Revenue beat(4)4.34%
Revenue beat(8)5
Avg Revenue beat(8)0.48%
Revenue beat(12)7
Avg Revenue beat(12)0.02%
Revenue beat(16)11
Avg Revenue beat(16)0.82%
PT rev (1m)0.85%
PT rev (3m)17.04%
EPS NQ rev (1m)0.27%
EPS NQ rev (3m)11.8%
EPS NY rev (1m)13.1%
EPS NY rev (3m)12.4%
Revenue NQ rev (1m)0.02%
Revenue NQ rev (3m)6.07%
Revenue NY rev (1m)4.59%
Revenue NY rev (3m)4.77%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.96 | ||
| Fwd PE | 20.75 | ||
| P/S | 2.89 | ||
| P/FCF | 20.76 | ||
| P/OCF | 16.8 | ||
| P/B | 2.52 | ||
| P/tB | 8.41 | ||
| EV/EBITDA | 14.98 |
EPS(TTM)9.79
EY3.71%
EPS(NY)12.72
Fwd EY4.82%
FCF(TTM)12.71
FCFY4.82%
OCF(TTM)15.71
OCFY5.95%
SpS91.39
BVpS104.86
TBVpS31.39
PEG (NY)1.04
PEG (5Y)6.05
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.64% | ||
| ROE | 4.13% | ||
| ROCE | 8.48% | ||
| ROIC | 6.15% | ||
| ROICexc | 7.55% | ||
| ROICexgc | 19.2% | ||
| OM | 13.81% | ||
| PM (TTM) | 4.73% | ||
| GM | 36.74% | ||
| FCFM | 13.91% |
ROA(3y)6.21%
ROA(5y)6.47%
ROE(3y)10.5%
ROE(5y)10.91%
ROIC(3y)8.41%
ROIC(5y)8.36%
ROICexc(3y)10.18%
ROICexc(5y)10.33%
ROICexgc(3y)27.42%
ROICexgc(5y)27.03%
ROCE(3y)11.6%
ROCE(5y)11.53%
ROICexcg growth 3Y-15.53%
ROICexcg growth 5Y-3.65%
ROICexc growth 3Y-17.78%
ROICexc growth 5Y-3.04%
OM growth 3Y-13.65%
OM growth 5Y-2.27%
PM growth 3Y-30.54%
PM growth 5Y-13.14%
GM growth 3Y-1.06%
GM growth 5Y-0.21%
F-Score7
Asset Turnover0.56
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.31 | ||
| Debt/FCF | 2.57 | ||
| Debt/EBITDA | 1.78 | ||
| Cap/Depr | 56.14% | ||
| Cap/Sales | 3.28% | ||
| Interest Coverage | 9.09 | ||
| Cash Conversion | 87.5% | ||
| Profit Quality | 293.95% | ||
| Current Ratio | 4.06 | ||
| Quick Ratio | 2.98 | ||
| Altman-Z | 4.48 |
F-Score7
WACC9.02%
ROIC/WACC0.68
Cap/Depr(3y)69.1%
Cap/Depr(5y)71.53%
Cap/Sales(3y)3.75%
Cap/Sales(5y)3.9%
Profit Quality(3y)172.91%
Profit Quality(5y)154.72%
High Growth Momentum
Growth
EPS 1Y (TTM)12.27%
EPS 3Y-13.69%
EPS 5Y4.45%
EPS Q2Q%44.67%
EPS Next Y25.91%
EPS Next 2Y22.48%
EPS Next 3Y23.58%
EPS Next 5Y17.81%
Revenue 1Y (TTM)1.33%
Revenue growth 3Y1.75%
Revenue growth 5Y7.81%
Sales Q2Q%9.83%
Revenue Next Year9.28%
Revenue Next 2Y8.45%
Revenue Next 3Y8.49%
Revenue Next 5Y7.6%
EBIT growth 1Y3.64%
EBIT growth 3Y-12.14%
EBIT growth 5Y5.36%
EBIT Next Year92.91%
EBIT Next 3Y37.62%
EBIT Next 5Y24.81%
FCF growth 1Y-0.42%
FCF growth 3Y1.06%
FCF growth 5Y9.73%
OCF growth 1Y-4.12%
OCF growth 3Y-0.51%
OCF growth 5Y8.43%