LATTICE SEMICONDUCTOR CORP (LSCC) Stock Fundamental Analysis
USA - NASDAQ:LSCC - US5184151042 - Common Stock
72.14 USD
+0.5 (+0.7%)
72.14 USD
0 (0%)
We assign a fundamental rating of 6 out of 10 to LSCC. LSCC was compared to 112 industry peers in the Semiconductors & Semiconductor Equipment industry. LSCC gets an excellent profitability rating and is at the same time showing great financial health properties. LSCC is valied quite expensively at the moment, while it does show a decent growth rate. With these ratings, LSCC could be worth investigating further for quality investing!.
1. Profitability
1.1 Basic Checks
In the past year LSCC was profitable.
LSCC had a positive operating cash flow in the past year.
Each year in the past 5 years LSCC has been profitable.
LSCC had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
LSCC's Return On Assets of 3.91% is fine compared to the rest of the industry. LSCC outperforms 64.29% of its industry peers.
With a Return On Equity value of 4.61%, LSCC perfoms like the industry average, outperforming 59.82% of the companies in the same industry.
LSCC's Return On Invested Capital of 3.38% is in line compared to the rest of the industry. LSCC outperforms 58.04% of its industry peers.
LSCC had an Average Return On Invested Capital over the past 3 years of 17.21%. This is significantly above the industry average of 10.87%.
The 3 year average ROIC (17.21%) for LSCC is well above the current ROIC(3.38%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.91% | ||
| ROE | 4.61% | ||
| ROIC | 3.38% |
ROA(3y)20.15%
ROA(5y)16.12%
ROE(3y)27.58%
ROE(5y)23.68%
ROIC(3y)17.21%
ROIC(5y)14.43%
1.3 Margins
LSCC's Profit Margin of 6.48% is fine compared to the rest of the industry. LSCC outperforms 60.71% of its industry peers.
In the last couple of years the Profit Margin of LSCC has grown nicely.
With a Operating Margin value of 6.32%, LSCC perfoms like the industry average, outperforming 58.04% of the companies in the same industry.
In the last couple of years the Operating Margin of LSCC has declined.
Looking at the Gross Margin, with a value of 66.70%, LSCC belongs to the top of the industry, outperforming 89.29% of the companies in the same industry.
LSCC's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.32% | ||
| PM (TTM) | 6.48% | ||
| GM | 66.7% |
OM growth 3Y-15.82%
OM growth 5Y-5.45%
PM growth 3Y-13.61%
PM growth 5Y2.2%
GM growth 3Y2.29%
GM growth 5Y2.52%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so LSCC is still creating some value.
LSCC has more shares outstanding than it did 1 year ago.
The number of shares outstanding for LSCC has been increased compared to 5 years ago.
There is no outstanding debt for LSCC. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
An Altman-Z score of 49.89 indicates that LSCC is not in any danger for bankruptcy at the moment.
With an excellent Altman-Z score value of 49.89, LSCC belongs to the best of the industry, outperforming 95.54% of the companies in the same industry.
There is no outstanding debt for LSCC. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 49.89 |
ROIC/WACC0.3
WACC11.41%
2.3 Liquidity
A Current Ratio of 3.71 indicates that LSCC has no problem at all paying its short term obligations.
With a Current ratio value of 3.71, LSCC perfoms like the industry average, outperforming 59.82% of the companies in the same industry.
A Quick Ratio of 2.63 indicates that LSCC has no problem at all paying its short term obligations.
The Quick ratio of LSCC (2.63) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.71 | ||
| Quick Ratio | 2.63 |
3. Growth
3.1 Past
LSCC shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -40.67%.
The Earnings Per Share has been growing by 9.63% on average over the past years. This is quite good.
The Revenue for LSCC has decreased by -22.15% in the past year. This is quite bad
The Revenue has been growing slightly by 4.74% on average over the past years.
EPS 1Y (TTM)-40.67%
EPS 3Y-3.89%
EPS 5Y9.63%
EPS Q2Q%4.35%
Revenue 1Y (TTM)-22.15%
Revenue growth 3Y-0.38%
Revenue growth 5Y4.74%
Sales Q2Q%-0.08%
3.2 Future
Based on estimates for the next years, LSCC will show a very strong growth in Earnings Per Share. The EPS will grow by 24.48% on average per year.
Based on estimates for the next years, LSCC will show a quite strong growth in Revenue. The Revenue will grow by 11.70% on average per year.
EPS Next Y13.07%
EPS Next 2Y25.07%
EPS Next 3Y24.48%
EPS Next 5YN/A
Revenue Next Year1.98%
Revenue Next 2Y10.4%
Revenue Next 3Y11.7%
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.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 81.06, the valuation of LSCC can be described as expensive.
The rest of the industry has a similar Price/Earnings ratio as LSCC.
When comparing the Price/Earnings ratio of LSCC to the average of the S&P500 Index (27.38), we can say LSCC is valued expensively.
LSCC is valuated quite expensively with a Price/Forward Earnings ratio of 48.54.
LSCC's Price/Forward Earnings ratio is in line with the industry average.
When comparing the Price/Forward Earnings ratio of LSCC to the average of the S&P500 Index (22.86), we can say LSCC is valued expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 81.06 | ||
| Fwd PE | 48.54 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of LSCC is on the same level as its industry peers.
LSCC's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 73.92 | ||
| EV/EBITDA | 127.11 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates LSCC does not grow enough to justify the current Price/Earnings ratio.
LSCC has a very decent profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as LSCC's earnings are expected to grow with 24.48% in the coming years.
PEG (NY)6.2
PEG (5Y)8.42
EPS Next 2Y25.07%
EPS Next 3Y24.48%
5. Dividend
5.1 Amount
No dividends for LSCC!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
72.14
+0.5 (+0.7%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners118.85%
Inst Owner Change-7.15%
Ins Owners0.61%
Ins Owner Change0.24%
Market Cap9.88B
Analysts81.9
Price Target66.01 (-8.5%)
Short Float %9.51%
Short Ratio5.25
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-1.99%
Min EPS beat(2)-2.2%
Max EPS beat(2)-1.77%
EPS beat(4)0
Avg EPS beat(4)-1.42%
Min EPS beat(4)-2.2%
Max EPS beat(4)-0.19%
EPS beat(8)1
Avg EPS beat(8)-1.49%
EPS beat(12)4
Avg EPS beat(12)-0.34%
EPS beat(16)8
Avg EPS beat(16)2.13%
Revenue beat(2)0
Avg Revenue beat(2)-1.82%
Min Revenue beat(2)-1.94%
Max Revenue beat(2)-1.7%
Revenue beat(4)0
Avg Revenue beat(4)-1.82%
Min Revenue beat(4)-1.96%
Max Revenue beat(4)-1.68%
Revenue beat(8)0
Avg Revenue beat(8)-2.79%
Revenue beat(12)2
Avg Revenue beat(12)-1.89%
Revenue beat(16)6
Avg Revenue beat(16)-1.07%
PT rev (1m)3.19%
PT rev (3m)3.07%
EPS NQ rev (1m)0%
EPS NQ rev (3m)1.94%
EPS NY rev (1m)0.29%
EPS NY rev (3m)0.29%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.88%
Revenue NY rev (1m)0.53%
Revenue NY rev (3m)0.53%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 81.06 | ||
| Fwd PE | 48.54 | ||
| P/S | 20.21 | ||
| P/FCF | 73.92 | ||
| P/OCF | 61.78 | ||
| P/B | 14.37 | ||
| P/tB | 26.94 | ||
| EV/EBITDA | 127.11 |
EPS(TTM)0.89
EY1.23%
EPS(NY)1.49
Fwd EY2.06%
FCF(TTM)0.98
FCFY1.35%
OCF(TTM)1.17
OCFY1.62%
SpS3.57
BVpS5.02
TBVpS2.68
PEG (NY)6.2
PEG (5Y)8.42
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.91% | ||
| ROE | 4.61% | ||
| ROCE | 4.28% | ||
| ROIC | 3.38% | ||
| ROICexc | 3.97% | ||
| ROICexgc | 8.29% | ||
| OM | 6.32% | ||
| PM (TTM) | 6.48% | ||
| GM | 66.7% | ||
| FCFM | 27.34% |
ROA(3y)20.15%
ROA(5y)16.12%
ROE(3y)27.58%
ROE(5y)23.68%
ROIC(3y)17.21%
ROIC(5y)14.43%
ROICexc(3y)21.34%
ROICexc(5y)18.26%
ROICexgc(3y)52.88%
ROICexgc(5y)49.22%
ROCE(3y)21.78%
ROCE(5y)18.26%
ROICexcg growth 3Y-33.52%
ROICexcg growth 5Y-16.93%
ROICexc growth 3Y-22.03%
ROICexc growth 5Y-9.19%
OM growth 3Y-15.82%
OM growth 5Y-5.45%
PM growth 3Y-13.61%
PM growth 5Y2.2%
GM growth 3Y2.29%
GM growth 5Y2.52%
F-Score5
Asset Turnover0.6
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 57.76% | ||
| Cap/Sales | 5.37% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 209.47% | ||
| Profit Quality | 422.29% | ||
| Current Ratio | 3.71 | ||
| Quick Ratio | 2.63 | ||
| Altman-Z | 49.89 |
F-Score5
WACC11.41%
ROIC/WACC0.3
Cap/Depr(3y)57.89%
Cap/Depr(5y)52.41%
Cap/Sales(3y)3.46%
Cap/Sales(5y)3.05%
Profit Quality(3y)137.63%
Profit Quality(5y)149.09%
High Growth Momentum
Growth
EPS 1Y (TTM)-40.67%
EPS 3Y-3.89%
EPS 5Y9.63%
EPS Q2Q%4.35%
EPS Next Y13.07%
EPS Next 2Y25.07%
EPS Next 3Y24.48%
EPS Next 5YN/A
Revenue 1Y (TTM)-22.15%
Revenue growth 3Y-0.38%
Revenue growth 5Y4.74%
Sales Q2Q%-0.08%
Revenue Next Year1.98%
Revenue Next 2Y10.4%
Revenue Next 3Y11.7%
Revenue Next 5YN/A
EBIT growth 1Y-78.78%
EBIT growth 3Y-16.14%
EBIT growth 5Y-0.97%
EBIT Next Year39.84%
EBIT Next 3Y31.89%
EBIT Next 5YN/A
FCF growth 1Y-43.17%
FCF growth 3Y-8.77%
FCF growth 5Y2.02%
OCF growth 1Y-38.85%
OCF growth 3Y-5.64%
OCF growth 5Y2.57%