LATTICE SEMICONDUCTOR CORP (LSCC)
US5184151042 - Common Stock
LSCC gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 108 industry peers in the Semiconductors & Semiconductor Equipment industry. LSCC scores excellent points on both the profitability and health parts. This is a solid base for a good stock. LSCC is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year LSCC was profitable.
LSCC had a positive operating cash flow in the past year.
LSCC had positive earnings in each of the past 5 years.
In the past 5 years LSCC always reported a positive cash flow from operatings.
1.2 Ratios
LSCC has a better Return On Assets (22.95%) than 98.15% of its industry peers.
LSCC has a better Return On Equity (27.18%) than 90.74% of its industry peers.
LSCC's Return On Invested Capital of 15.38% is amongst the best of the industry. LSCC outperforms 88.89% of its industry peers.
The Average Return On Invested Capital over the past 3 years for LSCC is significantly above the industry average of 11.01%.
The 3 year average ROIC (19.43%) for LSCC is well above the current ROIC(15.38%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 22.95% | ||
| ROE | 27.18% | ||
| ROIC | 15.38% |
ROA(3y)22.14%
ROA(5y)16.1%
ROE(3y)32.48%
ROE(5y)24.61%
ROIC(3y)19.43%
ROIC(5y)15.1%
1.3 Margins
LSCC's Profit Margin of 30.26% is amongst the best of the industry. LSCC outperforms 91.67% of its industry peers.
LSCC's Profit Margin has improved in the last couple of years.
The Operating Margin of LSCC (23.17%) is better than 79.63% of its industry peers.
In the last couple of years the Operating Margin of LSCC has grown nicely.
LSCC has a better Gross Margin (69.22%) than 92.59% of its industry peers.
LSCC's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 23.17% | ||
| PM (TTM) | 30.26% | ||
| GM | 69.22% |
OM growth 3Y28.18%
OM growth 5Y32.57%
PM growth 3Y44.64%
PM growth 5YN/A
GM growth 3Y5.12%
GM growth 5Y4.88%
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.
Compared to 1 year ago, LSCC has about the same amount of shares outstanding.
Compared to 5 years ago, LSCC has more shares outstanding
LSCC has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
An Altman-Z score of 35.63 indicates that LSCC is not in any danger for bankruptcy at the moment.
The Altman-Z score of LSCC (35.63) is better than 93.52% of its industry peers.
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 | 35.63 |
ROIC/WACC1.14
WACC13.44%
2.3 Liquidity
LSCC has a Current Ratio of 4.40. This indicates that LSCC is financially healthy and has no problem in meeting its short term obligations.
LSCC has a better Current ratio (4.40) than 68.52% of its industry peers.
A Quick Ratio of 3.13 indicates that LSCC has no problem at all paying its short term obligations.
LSCC's Quick ratio of 3.13 is fine compared to the rest of the industry. LSCC outperforms 62.04% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 4.4 | ||
| Quick Ratio | 3.13 |
3. Growth
3.1 Past
The earnings per share for LSCC have decreased strongly by -25.00% in the last year.
The Earnings Per Share has been growing by 42.67% on average over the past years. This is a very strong growth
The Revenue for LSCC has decreased by -13.17% in the past year. This is quite bad
LSCC shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 13.07% yearly.
EPS 1Y (TTM)-25%
EPS 3Y42.13%
EPS 5Y42.67%
EPS Q2Q%-55.77%
Revenue 1Y (TTM)-13.17%
Revenue growth 3Y21.79%
Revenue growth 5Y13.07%
Sales Q2Q%-34.72%
3.2 Future
LSCC is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 6.34% yearly.
The Revenue is expected to grow by 5.20% on average over the next years.
EPS Next Y-49.02%
EPS Next 2Y-16.15%
EPS Next 3Y-3%
EPS Next 5Y6.34%
Revenue Next Year-29.44%
Revenue Next 2Y-9.35%
Revenue Next 3Y0.42%
Revenue Next 5Y5.2%
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 decreasing.
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
A Price/Earnings ratio of 34.59 indicates a quite expensive valuation of LSCC.
Based on the Price/Earnings ratio, LSCC is valued a bit cheaper than the industry average as 62.04% of the companies are valued more expensively.
Compared to an average S&P500 Price/Earnings ratio of 30.20, LSCC is valued at the same level.
Based on the Price/Forward Earnings ratio of 36.72, the valuation of LSCC can be described as expensive.
LSCC's Price/Forward Earnings is on the same level as the industry average.
LSCC is valuated expensively when we compare the Price/Forward Earnings ratio to 23.28, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 34.59 | ||
| Fwd PE | 36.72 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as LSCC.
71.30% of the companies in the same industry are more expensive than LSCC, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 38.28 | ||
| EV/EBITDA | 39.04 |
4.3 Compensation for Growth
LSCC has an outstanding profitability rating, which may justify a higher PE ratio.
LSCC's earnings are expected to decrease with -3.00% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.81
EPS Next 2Y-16.15%
EPS Next 3Y-3%
5. Dividend
5.1 Amount
No dividends for LSCC!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
LATTICE SEMICONDUCTOR CORP
NASDAQ:LSCC (11/4/2024, 8:21:33 PM)
After market: 42.6999 -9.19 (-17.71%)51.89
-0.38 (-0.73%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap7.15B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
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EPS beat(4)
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EPS beat(8)
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EPS beat(12)
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EPS beat(16)
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Revenue beat(2)
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Min Revenue beat(2)
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Revenue beat(4)
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Revenue beat(8)
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Revenue beat(12)
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Revenue beat(16)
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PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 34.59 | ||
| Fwd PE | 36.72 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)0.81
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 22.95% | ||
| ROE | 27.18% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 23.17% | ||
| PM (TTM) | 30.26% | ||
| GM | 69.22% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.76
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 4.4 | ||
| Quick Ratio | 3.13 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
High Growth Momentum
Growth
EPS 1Y (TTM)-25%
EPS 3Y42.13%
EPS 5Y
EPS Q2Q%
EPS Next Y-49.02%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-13.17%
Revenue growth 3Y21.79%
Revenue growth 5Y
Sales Q2Q%
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y