LITTELFUSE INC (LFUS) Stock Fundamental Analysis
NASDAQ:LFUS - Nasdaq - US5370081045 - Common Stock - Currency: USD
Overall LFUS gets a fundamental rating of 5 out of 10. We evaluated LFUS against 123 industry peers in the Electronic Equipment, Instruments & Components industry. LFUS has an average financial health and profitability rating. LFUS has a correct valuation and a medium growth rate. LFUS also has an excellent dividend rating. These ratings would make LFUS suitable for dividend investing!
1. Profitability
1.1 Basic Checks
LFUS had positive earnings in the past year.
LFUS had a positive operating cash flow in the past year.
Each year in the past 5 years LFUS has been profitable.
LFUS had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With a decent Return On Assets value of 2.89%, LFUS is doing good in the industry, outperforming 60.98% of the companies in the same industry.
LFUS's Return On Equity of 4.66% is in line compared to the rest of the industry. LFUS outperforms 59.35% of its industry peers.
LFUS's Return On Invested Capital of 5.96% is fine compared to the rest of the industry. LFUS outperforms 68.29% 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 8.74%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.89% | ||
| ROE | 4.66% | ||
| ROIC | 5.96% |
ROA(3y)6.32%
ROA(5y)6.54%
ROE(3y)10.67%
ROE(5y)11.01%
ROIC(3y)8.65%
ROIC(5y)8.56%
1.3 Margins
With a decent Profit Margin value of 5.16%, LFUS is doing good in the industry, outperforming 73.17% of the companies in the same industry.
LFUS's Profit Margin has declined in the last couple of years.
The Operating Margin of LFUS (12.78%) is better than 87.80% of its industry peers.
In the last couple of years the Operating Margin of LFUS has remained more or less at the same level.
LFUS has a Gross Margin of 36.56%. This is in the better half of the industry: LFUS outperforms 61.79% of its industry peers.
LFUS's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 12.78% | ||
| PM (TTM) | 5.16% | ||
| GM | 36.56% |
OM growth 3Y-12.29%
OM growth 5Y-1.35%
PM growth 3Y-27.69%
PM growth 5Y-11.02%
GM growth 3Y-0.5%
GM growth 5Y0.13%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), LFUS is creating some value.
Compared to 1 year ago, LFUS has less shares outstanding
The number of shares outstanding for LFUS has been increased compared to 5 years ago.
Compared to 1 year ago, LFUS has a worse debt to assets ratio.
2.2 Solvency
The Debt to FCF ratio of LFUS is 2.93, which is a good value as it means it would take LFUS, 2.93 years of fcf income to pay off all of its debts.
LFUS's Debt to FCF ratio of 2.93 is fine compared to the rest of the industry. LFUS outperforms 67.48% of its industry peers.
A Debt/Equity ratio of 0.32 indicates that LFUS is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.32, LFUS is in line with its industry, outperforming 40.65% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.32 | ||
| Debt/FCF | 2.93 | ||
| Altman-Z | N/A |
ROIC/WACC0.71
WACC8.41%
2.3 Liquidity
LFUS has a Current Ratio of 3.61. This indicates that LFUS is financially healthy and has no problem in meeting its short term obligations.
The Current ratio of LFUS (3.61) is better than 70.73% of its industry peers.
LFUS has a Quick Ratio of 2.62. This indicates that LFUS is financially healthy and has no problem in meeting its short term obligations.
With a decent Quick ratio value of 2.62, LFUS is doing good in the industry, outperforming 67.48% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.61 | ||
| Quick Ratio | 2.62 |
3. Growth
3.1 Past
LFUS shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -27.83%.
The Earnings Per Share has been growing slightly by 4.45% on average over the past years.
The Revenue has decreased by -7.28% in the past year.
Measured over the past years, LFUS shows a small growth in Revenue. The Revenue has been growing by 7.81% on average per year.
EPS 1Y (TTM)-27.83%
EPS 3Y-13.69%
EPS 5Y4.45%
EPS Q2Q%0.99%
Revenue 1Y (TTM)-7.28%
Revenue growth 3Y1.75%
Revenue growth 5Y7.81%
Sales Q2Q%-0.81%
3.2 Future
LFUS is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 19.55% yearly.
The Revenue is expected to grow by 6.85% on average over the next years.
EPS Next Y14.85%
EPS Next 2Y19.59%
EPS Next 3Y20.63%
EPS Next 5Y19.55%
Revenue Next Year3.9%
Revenue Next 2Y5.92%
Revenue Next 3Y6.41%
Revenue Next 5Y6.85%
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 stable.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 25.94 indicates a quite expensive valuation of LFUS.
60.98% of the companies in the same industry are more expensive than LFUS, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 29.35, LFUS is valued at the same level.
A Price/Forward Earnings ratio of 22.58 indicates a rather expensive valuation of LFUS.
Based on the Price/Forward Earnings ratio, LFUS is valued a bit cheaper than 60.16% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 22.10. LFUS is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.94 | ||
| Fwd PE | 22.58 |
4.2 Price Multiples
76.42% 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 | 18.7 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
LFUS's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The decent profitability rating of LFUS may justify a higher PE ratio.
LFUS's earnings are expected to grow with 20.63% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.75
PEG (5Y)5.82
EPS Next 2Y19.59%
EPS Next 3Y20.63%
5. Dividend
5.1 Amount
LFUS has a Yearly Dividend Yield of 1.29%. Purely for dividend investing, there may be better candidates out there.
LFUS's Dividend Yield is rather good when compared to the industry average which is at 2.11. LFUS pays more dividend than 88.62% of the companies in the same industry.
With a Dividend Yield of 1.29, LFUS pays less dividend than the S&P500 average, which is at 2.33.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.29% |
5.2 History
On average, the dividend of LFUS grows each year by 13.75%, 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)13.75%
Div Incr Years14
Div Non Decr Years14
5.3 Sustainability
59.34% of the earnings are spent on dividend by LFUS. This is a bit on the high side, but may be sustainable.
LFUS's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP59.34%
EPS Next 2Y19.59%
EPS Next 3Y20.63%
219.93
+3.14 (+1.45%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners101.94%
Inst Owner Change-0.57%
Ins Owners0.84%
Ins Owner Change5.55%
Market Cap5.46B
Analysts81.67
Price Target295.01 (34.14%)
Short Float %2.24%
Short Ratio3.55
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.29% |
Yearly Dividend2.7
Dividend Growth(5Y)13.75%
DP59.34%
Div Incr Years14
Div Non Decr Years14
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)12.04%
Min EPS beat(2)-2.99%
Max EPS beat(2)27.07%
EPS beat(4)2
Avg EPS beat(4)8.14%
Min EPS beat(4)-2.99%
Max EPS beat(4)27.07%
EPS beat(8)4
Avg EPS beat(8)6.72%
EPS beat(12)8
Avg EPS beat(12)9.93%
EPS beat(16)12
Avg EPS beat(16)14.65%
Revenue beat(2)0
Avg Revenue beat(2)-0.64%
Min Revenue beat(2)-1.07%
Max Revenue beat(2)-0.2%
Revenue beat(4)2
Avg Revenue beat(4)0.29%
Min Revenue beat(4)-1.07%
Max Revenue beat(4)1.34%
Revenue beat(8)4
Avg Revenue beat(8)-0.5%
Revenue beat(12)7
Avg Revenue beat(12)0.23%
Revenue beat(16)11
Avg Revenue beat(16)1.48%
PT rev (1m)-2.51%
PT rev (3m)-1.71%
EPS NQ rev (1m)-5.38%
EPS NQ rev (3m)-13.53%
EPS NY rev (1m)-6.39%
EPS NY rev (3m)-6.36%
Revenue NQ rev (1m)-0.7%
Revenue NQ rev (3m)0.17%
Revenue NY rev (1m)-0.73%
Revenue NY rev (3m)-0.73%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.94 | ||
| Fwd PE | 22.58 | ||
| P/S | 2.49 | ||
| P/FCF | 18.7 | ||
| P/OCF | 14.84 | ||
| P/B | 2.25 | ||
| P/tB | 7.62 | ||
| EV/EBITDA | N/A |
EPS(TTM)8.48
EY3.86%
EPS(NY)9.74
Fwd EY4.43%
FCF(TTM)11.76
FCFY5.35%
OCF(TTM)14.82
OCFY6.74%
SpS88.3
BVpS97.8
TBVpS28.85
PEG (NY)1.75
PEG (5Y)5.82
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.89% | ||
| ROE | 4.66% | ||
| ROCE | 8.07% | ||
| ROIC | 5.96% | ||
| ROICexc | 7.53% | ||
| ROICexgc | 20.01% | ||
| OM | 12.78% | ||
| PM (TTM) | 5.16% | ||
| GM | 36.56% | ||
| FCFM | 13.32% |
ROA(3y)6.32%
ROA(5y)6.54%
ROE(3y)10.67%
ROE(5y)11.01%
ROIC(3y)8.65%
ROIC(5y)8.56%
ROICexc(3y)10.47%
ROICexc(5y)10.58%
ROICexgc(3y)28.24%
ROICexgc(5y)27.72%
ROCE(3y)11.72%
ROCE(5y)11.6%
ROICexcg growth 3Y-14.15%
ROICexcg growth 5Y-2.71%
ROICexc growth 3Y-16.6%
ROICexc growth 5Y-2.21%
OM growth 3Y-12.29%
OM growth 5Y-1.35%
PM growth 3Y-27.69%
PM growth 5Y-11.02%
GM growth 3Y-0.5%
GM growth 5Y0.13%
F-Score5
Asset Turnover0.56
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.32 | ||
| Debt/FCF | 2.93 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | 3.46% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | N/A | ||
| Profit Quality | 258.17% | ||
| Current Ratio | 3.61 | ||
| Quick Ratio | 2.62 | ||
| Altman-Z | N/A |
F-Score5
WACC8.41%
ROIC/WACC0.71
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)3.75%
Cap/Sales(5y)3.9%
Profit Quality(3y)161.91%
Profit Quality(5y)148.11%
High Growth Momentum
Growth
EPS 1Y (TTM)-27.83%
EPS 3Y-13.69%
EPS 5Y4.45%
EPS Q2Q%0.99%
EPS Next Y14.85%
EPS Next 2Y19.59%
EPS Next 3Y20.63%
EPS Next 5Y19.55%
Revenue 1Y (TTM)-7.28%
Revenue growth 3Y1.75%
Revenue growth 5Y7.81%
Sales Q2Q%-0.81%
Revenue Next Year3.9%
Revenue Next 2Y5.92%
Revenue Next 3Y6.41%
Revenue Next 5Y6.85%
EBIT growth 1Y-28.47%
EBIT growth 3Y-10.76%
EBIT growth 5Y6.35%
EBIT Next Year78.67%
EBIT Next 3Y34.72%
EBIT Next 5Y29.19%
FCF growth 1Y-21.4%
FCF growth 3Y1.06%
FCF growth 5Y9.73%
OCF growth 1Y-19.63%
OCF growth 3Y-0.51%
OCF growth 5Y8.43%