LATTICE SEMICONDUCTOR CORP (LSCC) Stock Fundamental Analysis
USA - NASDAQ:LSCC - US5184151042 - Common Stock
63.93 USD
-1.37 (-2.1%)
63.4 USD
-0.53 (-0.83%)
Overall LSCC gets a fundamental rating of 6 out of 10. We evaluated LSCC against 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. While showing a medium growth rate, LSCC is valued expensive at the moment. These ratings could make LSCC a good candidate for quality investing.
1. Profitability
1.1 Basic Checks
In the past year LSCC was profitable.
In the past year LSCC had a positive cash flow from operations.
LSCC had positive earnings in each of the past 5 years.
Each year in the past 5 years LSCC had a positive operating cash flow.
1.2 Ratios
LSCC has a Return On Assets (3.23%) which is comparable to the rest of the industry.
LSCC's Return On Equity of 3.86% is in line compared to the rest of the industry. LSCC outperforms 57.14% of its industry peers.
Looking at the Return On Invested Capital, with a value of 1.70%, LSCC is in line with its industry, outperforming 53.57% of the companies in the same industry.
LSCC had an Average Return On Invested Capital over the past 3 years of 17.21%. This is significantly above the industry average of 10.86%.
The 3 year average ROIC (17.21%) for LSCC is well above the current ROIC(1.70%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.23% | ||
| ROE | 3.86% | ||
| ROIC | 1.7% |
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 has a Profit Margin of 5.50%. This is in the better half 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.
LSCC's Operating Margin of 3.22% is in line compared to the rest of the industry. LSCC outperforms 51.79% of its industry peers.
LSCC's Operating Margin has declined in the last couple of years.
LSCC's Gross Margin of 66.43% is amongst the best of the industry. LSCC outperforms 89.29% of its industry peers.
In the last couple of years the Gross Margin of LSCC has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.22% | ||
| PM (TTM) | 5.5% | ||
| GM | 66.43% |
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.
Compared to 1 year ago, LSCC has more 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 40.23 indicates that LSCC is not in any danger for bankruptcy at the moment.
The Altman-Z score of LSCC (40.23) is better than 94.64% 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 | 40.23 |
ROIC/WACC0.16
WACC10.7%
2.3 Liquidity
LSCC has a Current Ratio of 3.24. This indicates that LSCC is financially healthy and has no problem in meeting its short term obligations.
LSCC has a Current ratio (3.24) which is comparable to the rest of the industry.
A Quick Ratio of 2.38 indicates that LSCC has no problem at all paying its short term obligations.
Looking at the Quick ratio, with a value of 2.38, LSCC is in line with its industry, outperforming 58.93% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.24 | ||
| Quick Ratio | 2.38 |
3. Growth
3.1 Past
LSCC shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -23.14%.
LSCC shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 9.63% yearly.
The Revenue for LSCC has decreased by -12.03% in the past year. This is quite bad
LSCC shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 4.74% yearly.
EPS 1Y (TTM)-23.14%
EPS 3Y-3.89%
EPS 5Y9.63%
EPS Q2Q%16.67%
Revenue 1Y (TTM)-12.03%
Revenue growth 3Y-0.38%
Revenue growth 5Y4.74%
Sales Q2Q%4.92%
3.2 Future
The Earnings Per Share is expected to grow by 26.65% on average over the next years. This is a very strong growth
LSCC is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 11.73% yearly.
EPS Next Y13.15%
EPS Next 2Y26.73%
EPS Next 3Y26.65%
EPS Next 5YN/A
Revenue Next Year1.98%
Revenue Next 2Y10.44%
Revenue Next 3Y11.73%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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
The Price/Earnings ratio is 68.74, which means the current valuation is very expensive for LSCC.
LSCC's Price/Earnings is on the same level as the industry average.
The average S&P500 Price/Earnings ratio is at 25.07. LSCC is valued rather expensively when compared to this.
LSCC is valuated quite expensively with a Price/Forward Earnings ratio of 41.90.
Compared to the rest of the industry, the Price/Forward Earnings ratio of LSCC is on the same level as its industry peers.
LSCC's Price/Forward Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 34.08.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 68.74 | ||
| Fwd PE | 41.9 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as LSCC.
The rest of the industry has a similar Price/Free Cash Flow ratio as LSCC.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 68.23 | ||
| EV/EBITDA | 187.21 |
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.
The decent profitability rating of LSCC may justify a higher PE ratio.
A more expensive valuation may be justified as LSCC's earnings are expected to grow with 26.65% in the coming years.
PEG (NY)5.23
PEG (5Y)7.14
EPS Next 2Y26.73%
EPS Next 3Y26.65%
5. Dividend
5.1 Amount
No dividends for LSCC!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
63.93
-1.37 (-2.1%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners118.64%
Inst Owner Change9%
Ins Owners0.61%
Ins Owner Change-0.66%
Market Cap8.75B
Revenue(TTM)494.89M
Net Income(TTM)27.24M
Analysts81.9
Price Target74.24 (16.13%)
Short Float %7.67%
Short Ratio4.69
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)-1.69%
Min EPS beat(2)-1.77%
Max EPS beat(2)-1.61%
EPS beat(4)0
Avg EPS beat(4)-1.78%
Min EPS beat(4)-2.2%
Max EPS beat(4)-1.53%
EPS beat(8)1
Avg EPS beat(8)-1.65%
EPS beat(12)3
Avg EPS beat(12)-1.12%
EPS beat(16)7
Avg EPS beat(16)1.28%
Revenue beat(2)0
Avg Revenue beat(2)-1.71%
Min Revenue beat(2)-1.73%
Max Revenue beat(2)-1.7%
Revenue beat(4)0
Avg Revenue beat(4)-1.76%
Min Revenue beat(4)-1.94%
Max Revenue beat(4)-1.68%
Revenue beat(8)0
Avg Revenue beat(8)-2.76%
Revenue beat(12)1
Avg Revenue beat(12)-2.18%
Revenue beat(16)5
Avg Revenue beat(16)-1.23%
PT rev (1m)11.24%
PT rev (3m)16.06%
EPS NQ rev (1m)-0.99%
EPS NQ rev (3m)-0.75%
EPS NY rev (1m)0%
EPS NY rev (3m)0.36%
Revenue NQ rev (1m)0.66%
Revenue NQ rev (3m)0.77%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.53%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 68.74 | ||
| Fwd PE | 41.9 | ||
| P/S | 17.68 | ||
| P/FCF | 68.23 | ||
| P/OCF | 53.71 | ||
| P/B | 12.39 | ||
| P/tB | 22.66 | ||
| EV/EBITDA | 187.21 |
EPS(TTM)0.93
EY1.45%
EPS(NY)1.53
Fwd EY2.39%
FCF(TTM)0.94
FCFY1.47%
OCF(TTM)1.19
OCFY1.86%
SpS3.61
BVpS5.16
TBVpS2.82
PEG (NY)5.23
PEG (5Y)7.14
Graham Number10.39
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.23% | ||
| ROE | 3.86% | ||
| ROCE | 2.15% | ||
| ROIC | 1.7% | ||
| ROICexc | 2.03% | ||
| ROICexgc | 4.18% | ||
| OM | 3.22% | ||
| PM (TTM) | 5.5% | ||
| GM | 66.43% | ||
| FCFM | 25.92% |
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%
ROICexgc growth 3Y-33.52%
ROICexgc 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 Turnover0.59
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 111.1% | ||
| Cap/Sales | 7.01% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 345.79% | ||
| Profit Quality | 470.84% | ||
| Current Ratio | 3.24 | ||
| Quick Ratio | 2.38 | ||
| Altman-Z | 40.23 |
F-Score5
WACC10.7%
ROIC/WACC0.16
Cap/Depr(3y)64.02%
Cap/Depr(5y)56.09%
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)-23.14%
EPS 3Y-3.89%
EPS 5Y9.63%
EPS Q2Q%16.67%
EPS Next Y13.15%
EPS Next 2Y26.73%
EPS Next 3Y26.65%
EPS Next 5YN/A
Revenue 1Y (TTM)-12.03%
Revenue growth 3Y-0.38%
Revenue growth 5Y4.74%
Sales Q2Q%4.92%
Revenue Next Year1.98%
Revenue Next 2Y10.44%
Revenue Next 3Y11.73%
Revenue Next 5YN/A
EBIT growth 1Y-84.32%
EBIT growth 3Y-16.14%
EBIT growth 5Y-0.97%
EBIT Next Year38.91%
EBIT Next 3Y31.87%
EBIT Next 5YN/A
FCF growth 1Y-49.3%
FCF growth 3Y-8.77%
FCF growth 5Y2.02%
OCF growth 1Y-41.72%
OCF growth 3Y-5.64%
OCF growth 5Y2.57%
LATTICE SEMICONDUCTOR CORP / LSCC FAQ
What is the ChartMill fundamental rating of LATTICE SEMICONDUCTOR CORP (LSCC) stock?
ChartMill assigns a fundamental rating of 6 / 10 to LSCC.
Can you provide the valuation status for LATTICE SEMICONDUCTOR CORP?
ChartMill assigns a valuation rating of 2 / 10 to LATTICE SEMICONDUCTOR CORP (LSCC). This can be considered as Overvalued.
What is the profitability of LSCC stock?
LATTICE SEMICONDUCTOR CORP (LSCC) has a profitability rating of 7 / 10.
What is the expected EPS growth for LATTICE SEMICONDUCTOR CORP (LSCC) stock?
The Earnings per Share (EPS) of LATTICE SEMICONDUCTOR CORP (LSCC) is expected to grow by 13.15% in the next year.