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. Both the health and profitability get an excellent rating, making LSCC a very profitable company, without any liquidiy or solvency issues. While showing a medium growth rate, LSCC is valued expensive at the moment.
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 has a better Return On Assets (16.79%) than 90.74% of its industry peers.
LSCC's Return On Equity of 20.37% is amongst the best of the industry. LSCC outperforms 85.19% of its industry peers.
The Return On Invested Capital of LSCC (10.53%) is better than 79.63% of its industry peers.
LSCC had an Average Return On Invested Capital over the past 3 years of 19.43%. This is significantly above the industry average of 11.05%.
The 3 year average ROIC (19.43%) for LSCC is well above the current ROIC(10.53%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 16.79% | ||
| ROE | 20.37% | ||
| ROIC | 10.53% |
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
Looking at the Profit Margin, with a value of 25.48%, LSCC belongs to the top of the industry, outperforming 84.26% of the companies in the same industry.
In the last couple of years the Profit Margin of LSCC has grown nicely.
The Operating Margin of LSCC (18.04%) is better than 74.07% of its industry peers.
LSCC's Operating Margin has improved in the last couple of years.
LSCC's Gross Margin of 68.90% is amongst the best of the industry. LSCC outperforms 89.81% of its industry peers.
In the last couple of years the Gross Margin of LSCC has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 18.04% | ||
| PM (TTM) | 25.48% | ||
| GM | 68.9% |
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.
LSCC has more shares outstanding than it did 5 years ago.
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 30.57 indicates that LSCC is not in any danger for bankruptcy at the moment.
LSCC's Altman-Z score of 30.57 is amongst the best of the industry. LSCC outperforms 91.67% 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 | 30.57 |
ROIC/WACC0.71
WACC14.74%
2.3 Liquidity
LSCC has a Current Ratio of 3.98. This indicates that LSCC is financially healthy and has no problem in meeting its short term obligations.
LSCC's Current ratio of 3.98 is fine compared to the rest of the industry. LSCC outperforms 62.96% of its industry peers.
LSCC has a Quick Ratio of 2.84. This indicates that LSCC is financially healthy and has no problem in meeting its short term obligations.
Looking at the Quick ratio, with a value of 2.84, LSCC is in the better half of the industry, outperforming 62.04% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.98 | ||
| Quick Ratio | 2.84 |
3. Growth
3.1 Past
LSCC shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -40.98%.
Measured over the past years, LSCC shows a very strong growth in Earnings Per Share. The EPS has been growing by 42.67% on average per year.
LSCC shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -24.24%.
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)-40.98%
EPS 3Y42.13%
EPS 5Y42.67%
EPS Q2Q%-54.72%
Revenue 1Y (TTM)-24.24%
Revenue growth 3Y21.79%
Revenue growth 5Y13.07%
Sales Q2Q%-33.86%
3.2 Future
The Earnings Per Share is expected to grow by 6.34% on average over the next years.
The Revenue is expected to grow by 5.20% on average over the next years.
EPS Next Y-52.43%
EPS Next 2Y-26.57%
EPS Next 3Y-8.26%
EPS Next 5Y6.34%
Revenue Next Year-31.3%
Revenue Next 2Y-15.68%
Revenue Next 3Y-4.4%
Revenue Next 5Y5.2%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 43.19 indicates a quite expensive valuation of LSCC.
LSCC's Price/Earnings ratio is in line with the industry average.
When comparing the Price/Earnings ratio of LSCC to the average of the S&P500 Index (28.96), we can say LSCC is valued slightly more expensively.
With a Price/Forward Earnings ratio of 48.22, LSCC can be considered very expensive at the moment.
Compared to the rest of the industry, the Price/Forward Earnings ratio of LSCC is on the same level as its industry peers.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.82, LSCC is valued quite expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 43.19 | ||
| Fwd PE | 48.22 |
4.2 Price Multiples
LSCC's Enterprise Value to EBITDA ratio is in line with the industry average.
66.67% 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 | 48.55 | ||
| EV/EBITDA | 50.97 |
4.3 Compensation for Growth
LSCC has an outstanding profitability rating, which may justify a higher PE ratio.
A cheap valuation may be justified as LSCC's earnings are expected to decrease with -8.26% in the coming years.
PEG (NY)N/A
PEG (5Y)1.01
EPS Next 2Y-26.57%
EPS Next 3Y-8.26%
5. Dividend
5.1 Amount
LSCC does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
LATTICE SEMICONDUCTOR CORP
NASDAQ:LSCC (11/21/2024, 8:00:01 PM)
After market: 51.75 -0.51 (-0.98%)52.26
+1.51 (+2.98%)
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 Cap7.21B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
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Surprises & Revisions
EPS beat(2)
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Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 43.19 | ||
| Fwd PE | 48.22 | ||
| 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)1.01
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 16.79% | ||
| ROE | 20.37% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 18.04% | ||
| PM (TTM) | 25.48% | ||
| GM | 68.9% | ||
| 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 Turnover0.66
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 3.98 | ||
| Quick Ratio | 2.84 | ||
| 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)-40.98%
EPS 3Y42.13%
EPS 5Y
EPS Q2Q%
EPS Next Y-52.43%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-24.24%
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