LITTELFUSE INC (LFUS)
US5370081045 - Common Stock
We assign a fundamental rating of 6 out of 10 to LFUS. LFUS was compared to 126 industry peers in the Electronic Equipment, Instruments & Components industry. LFUS gets an excellent profitability rating and is at the same time showing great financial health properties. LFUS has a valuation in line with the averages, but it does not seem to be growing.
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.
Each year in the past 5 years LFUS has been profitable.
In the past 5 years LFUS always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of LFUS (4.80%) is better than 71.90% of its industry peers.
With a decent Return On Equity value of 7.57%, LFUS is doing good in the industry, outperforming 64.46% of the companies in the same industry.
LFUS has a Return On Invested Capital of 6.53%. This is in the better half of the industry: LFUS outperforms 68.59% of its industry peers.
The Average Return On Invested Capital over the past 3 years for LFUS is above the industry average of 9.20%.
The 3 year average ROIC (11.31%) for LFUS is well above the current ROIC(6.53%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.8% | ||
| ROE | 7.57% | ||
| ROIC | 6.53% |
ROA(3y)8.35%
ROA(5y)7.05%
ROE(3y)14.11%
ROE(5y)11.94%
ROIC(3y)11.31%
ROIC(5y)9.59%
1.3 Margins
LFUS has a Profit Margin of 8.88%. This is in the better half of the industry: LFUS outperforms 79.34% of its industry peers.
In the last couple of years the Profit Margin of LFUS has grown nicely.
The Operating Margin of LFUS (13.19%) is better than 87.60% of its industry peers.
LFUS's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 36.64%, LFUS is in the better half of the industry, outperforming 62.81% of the companies in the same industry.
LFUS's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 13.19% | ||
| PM (TTM) | 8.88% | ||
| GM | 36.64% |
OM growth 3Y4.89%
OM growth 5Y3.56%
PM growth 3Y6.89%
PM growth 5Y2.77%
GM growth 3Y3.2%
GM growth 5Y0.04%
2. Health
2.1 Basic Checks
LFUS 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, LFUS has more shares outstanding
LFUS has more shares outstanding than it did 5 years ago.
The debt/assets ratio for LFUS has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 4.11 indicates that LFUS is not in any danger for bankruptcy at the moment.
LFUS has a better Altman-Z score (4.11) than 65.29% of its industry peers.
LFUS has a debt to FCF ratio of 3.12. This is a good value and a sign of high solvency as LFUS would need 3.12 years to pay back of all of its debts.
LFUS's Debt to FCF ratio of 3.12 is fine compared to the rest of the industry. LFUS outperforms 66.94% of its industry peers.
A Debt/Equity ratio of 0.31 indicates that LFUS is not too dependend on debt financing.
The Debt to Equity ratio of LFUS (0.31) is worse than 61.98% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.31 | ||
| Debt/FCF | 3.12 | ||
| Altman-Z | 4.11 |
ROIC/WACC0.65
WACC10%
2.3 Liquidity
A Current Ratio of 3.55 indicates that LFUS has no problem at all paying its short term obligations.
LFUS has a Current ratio of 3.55. This is in the better half of the industry: LFUS outperforms 65.29% of its industry peers.
A Quick Ratio of 2.52 indicates that LFUS has no problem at all paying its short term obligations.
With a decent Quick ratio value of 2.52, LFUS is doing good in the industry, outperforming 64.46% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.55 | ||
| Quick Ratio | 2.52 |
3. Growth
3.1 Past
LFUS shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -35.27%.
LFUS shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 4.50% yearly.
LFUS shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -10.12%.
LFUS shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 6.57% yearly.
EPS 1Y (TTM)-35.27%
EPS 3Y22.51%
EPS 5Y4.5%
EPS Q2Q%-8.75%
Revenue 1Y (TTM)-10.12%
Revenue growth 3Y17.79%
Revenue growth 5Y6.57%
Sales Q2Q%-6.54%
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 8.07% on average per year.
Based on estimates for the next years, LFUS will show a small growth in Revenue. The Revenue will grow by 3.77% on average per year.
EPS Next Y-26.33%
EPS Next 2Y-5.92%
EPS Next 3Y3.36%
EPS Next 5Y8.07%
Revenue Next Year-7.74%
Revenue Next 2Y-1.71%
Revenue Next 3Y1.27%
Revenue Next 5Y3.77%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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
LFUS is valuated quite expensively with a Price/Earnings ratio of 28.02.
Compared to the rest of the industry, the Price/Earnings ratio of LFUS indicates a somewhat cheap valuation: LFUS is cheaper than 63.64% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of LFUS to the average of the S&P500 Index (27.17), we can say LFUS is valued inline with the index average.
LFUS is valuated rather expensively with a Price/Forward Earnings ratio of 22.80.
Compared to the rest of the industry, the Price/Forward Earnings ratio of LFUS indicates a somewhat cheap valuation: LFUS is cheaper than 61.98% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 23.59. LFUS is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 28.02 | ||
| Fwd PE | 22.8 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, LFUS is valued a bit cheaper than the industry average as 70.25% of the companies are valued more expensively.
74.38% of the companies in the same industry are more expensive than LFUS, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 21.14 | ||
| EV/EBITDA | 14.41 |
4.3 Compensation for Growth
LFUS has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)6.23
EPS Next 2Y-5.92%
EPS Next 3Y3.36%
5. Dividend
5.1 Amount
LFUS has a Yearly Dividend Yield of 1.17%.
LFUS's Dividend Yield is rather good when compared to the industry average which is at 1.83. LFUS pays more dividend than 88.43% of the companies in the same industry.
With a Dividend Yield of 1.17, LFUS pays less dividend than the S&P500 average, which is at 2.30.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.17% |
5.2 History
On average, the dividend of LFUS grows each year by 21.61%, which is quite nice.
LFUS has paid a dividend for at least 10 years, which is a reliable track record.
LFUS has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)21.61%
Div Incr Years14
Div Non Decr Years14
5.3 Sustainability
LFUS pays out 33.79% of its income as dividend. This is a sustainable payout ratio.
LFUS's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP33.79%
EPS Next 2Y-5.92%
EPS Next 3Y3.36%
LITTELFUSE INC
NASDAQ:LFUS (1/2/2025, 12:00:48 PM)
237.09
+1.44 (+0.61%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners100.72%
Inst Owner Change-0.35%
Ins Owners0.91%
Ins Owner Change-0.3%
Market Cap5.88B
Analysts83.33
Price Target300.14 (26.59%)
Short Float %1.17%
Short Ratio2.67
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.17% |
Dividend Growth(5Y)21.61%
DP33.79%
Div Incr Years14
Div Non Decr Years14
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)18.56%
Min EPS beat(2)10.05%
Max EPS beat(2)27.07%
EPS beat(4)2
Avg EPS beat(4)7.37%
Min EPS beat(4)-6.07%
Max EPS beat(4)27.07%
EPS beat(8)5
Avg EPS beat(8)7.13%
EPS beat(12)9
Avg EPS beat(12)10.61%
EPS beat(16)13
Avg EPS beat(16)17.34%
Revenue beat(2)1
Avg Revenue beat(2)0.57%
Min Revenue beat(2)-0.2%
Max Revenue beat(2)1.34%
Revenue beat(4)2
Avg Revenue beat(4)-0.43%
Min Revenue beat(4)-3.96%
Max Revenue beat(4)1.34%
Revenue beat(8)4
Avg Revenue beat(8)-0.63%
Revenue beat(12)8
Avg Revenue beat(12)0.6%
Revenue beat(16)12
Avg Revenue beat(16)1.88%
PT rev (1m)0%
PT rev (3m)0.17%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-23.4%
EPS NY rev (1m)0%
EPS NY rev (3m)3.15%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-7.14%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.06%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 28.02 | ||
| Fwd PE | 22.8 | ||
| P/S | 2.68 | ||
| P/FCF | 21.14 | ||
| P/OCF | 16.74 | ||
| P/B | 2.29 | ||
| P/tB | 8.31 | ||
| EV/EBITDA | 14.41 |
EPS(TTM)8.46
EY3.57%
EPS(NY)10.4
Fwd EY4.39%
FCF(TTM)11.21
FCFY4.73%
OCF(TTM)14.16
OCFY5.97%
SpS88.48
BVpS103.7
TBVpS28.53
PEG (NY)N/A
PEG (5Y)6.23
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.8% | ||
| ROE | 7.57% | ||
| ROCE | 8% | ||
| ROIC | 6.53% | ||
| ROICexc | 7.9% | ||
| ROICexgc | 20.98% | ||
| OM | 13.19% | ||
| PM (TTM) | 8.88% | ||
| GM | 36.64% | ||
| FCFM | 12.68% |
ROA(3y)8.35%
ROA(5y)7.05%
ROE(3y)14.11%
ROE(5y)11.94%
ROIC(3y)11.31%
ROIC(5y)9.59%
ROICexc(3y)13.59%
ROICexc(5y)11.9%
ROICexgc(3y)35.51%
ROICexgc(5y)31.31%
ROCE(3y)13.86%
ROCE(5y)11.75%
ROICexcg growth 3Y3.52%
ROICexcg growth 5Y-2.02%
ROICexc growth 3Y3.17%
ROICexc growth 5Y-0.45%
OM growth 3Y4.89%
OM growth 5Y3.56%
PM growth 3Y6.89%
PM growth 5Y2.77%
GM growth 3Y3.2%
GM growth 5Y0.04%
F-Score5
Asset Turnover0.54
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.31 | ||
| Debt/FCF | 3.12 | ||
| Debt/EBITDA | 1.89 | ||
| Cap/Depr | 55.1% | ||
| Cap/Sales | 3.33% | ||
| Interest Coverage | 8.5 | ||
| Cash Conversion | 83.21% | ||
| Profit Quality | 142.79% | ||
| Current Ratio | 3.55 | ||
| Quick Ratio | 2.52 | ||
| Altman-Z | 4.11 |
F-Score5
WACC10%
ROIC/WACC0.65
Cap/Depr(3y)80.34%
Cap/Depr(5y)73.28%
Cap/Sales(3y)4.05%
Cap/Sales(5y)4.03%
Profit Quality(3y)109.05%
Profit Quality(5y)122.85%
High Growth Momentum
Growth
EPS 1Y (TTM)-35.27%
EPS 3Y22.51%
EPS 5Y4.5%
EPS Q2Q%-8.75%
EPS Next Y-26.33%
EPS Next 2Y-5.92%
EPS Next 3Y3.36%
EPS Next 5Y8.07%
Revenue 1Y (TTM)-10.12%
Revenue growth 3Y17.79%
Revenue growth 5Y6.57%
Sales Q2Q%-6.54%
Revenue Next Year-7.74%
Revenue Next 2Y-1.71%
Revenue Next 3Y1.27%
Revenue Next 5Y3.77%
EBIT growth 1Y-31.57%
EBIT growth 3Y23.55%
EBIT growth 5Y10.37%
EBIT Next Year8.7%
EBIT Next 3Y14.05%
EBIT Next 5Y13.27%
FCF growth 1Y-16.97%
FCF growth 3Y22.53%
FCF growth 5Y7.63%
OCF growth 1Y-21.24%
OCF growth 3Y21.03%
OCF growth 5Y6.63%