LANDSEA HOMES CORP (LSEA) Stock Fundamental Analysis
NASDAQ:LSEA - Nasdaq - US51509P1030 - Common Stock - Currency: USD
We assign a fundamental rating of 3 out of 10 to LSEA. LSEA was compared to 64 industry peers in the Household Durables industry. LSEA has a bad profitability rating. Also its financial health evaluation is rather negative. While showing a medium growth rate, LSEA is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
In the past year LSEA was profitable.
LSEA had a positive operating cash flow in the past year.
Of the past 5 years LSEA 4 years were profitable.
LSEA had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
LSEA's Return On Assets of 0.58% is on the low side compared to the rest of the industry. LSEA is outperformed by 60.94% of its industry peers.
LSEA has a Return On Equity of 1.48%. This is in the lower half of the industry: LSEA underperforms 60.94% of its industry peers.
With a Return On Invested Capital value of 0.89%, LSEA is not doing good in the industry: 68.75% of the companies in the same industry are doing better.
Measured over the past 3 years, the Average Return On Invested Capital for LSEA is significantly below the industry average of 10.34%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.58% | ||
| ROE | 1.48% | ||
| ROIC | 0.89% |
ROA(3y)2.66%
ROA(5y)-4.25%
ROE(3y)6%
ROE(5y)-8.19%
ROIC(3y)3.35%
ROIC(5y)N/A
1.3 Margins
The Profit Margin of LSEA (0.62%) is worse than 60.94% of its industry peers.
LSEA's Profit Margin has declined in the last couple of years.
With a Operating Margin value of 1.11%, LSEA is not doing good in the industry: 65.63% of the companies in the same industry are doing better.
LSEA's Operating Margin has declined in the last couple of years.
LSEA's Gross Margin of 14.29% is on the low side compared to the rest of the industry. LSEA is outperformed by 93.75% of its industry peers.
LSEA's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 1.11% | ||
| PM (TTM) | 0.62% | ||
| GM | 14.29% |
OM growth 3Y-32.72%
OM growth 5YN/A
PM growth 3Y-39.59%
PM growth 5YN/A
GM growth 3Y-6.27%
GM growth 5YN/A
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), LSEA is destroying value.
LSEA has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, LSEA has more shares outstanding
The debt/assets ratio for LSEA is higher compared to a year ago.
2.2 Solvency
LSEA has an Altman-Z score of 2.14. This is not the best score and indicates that LSEA is in the grey zone with still only limited risk for bankruptcy at the moment.
LSEA has a Altman-Z score of 2.14. This is in the lower half of the industry: LSEA underperforms 62.50% of its industry peers.
The Debt to FCF ratio of LSEA is 15.51, which is on the high side as it means it would take LSEA, 15.51 years of fcf income to pay off all of its debts.
With a Debt to FCF ratio value of 15.51, LSEA perfoms like the industry average, outperforming 46.88% of the companies in the same industry.
A Debt/Equity ratio of 1.10 is on the high side and indicates that LSEA has dependencies on debt financing.
LSEA has a worse Debt to Equity ratio (1.10) than 76.56% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.1 | ||
| Debt/FCF | 15.51 | ||
| Altman-Z | 2.14 |
ROIC/WACC0.11
WACC8.42%
2.3 Liquidity
LSEA has a Current Ratio of 4.80. This indicates that LSEA is financially healthy and has no problem in meeting its short term obligations.
With a decent Current ratio value of 4.80, LSEA is doing good in the industry, outperforming 73.44% of the companies in the same industry.
A Quick Ratio of 0.14 indicates that LSEA may have some problems paying its short term obligations.
LSEA has a Quick ratio of 0.14. This is amonst the worse of the industry: LSEA underperforms 93.75% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 4.8 | ||
| Quick Ratio | 0.14 |
3. Growth
3.1 Past
LSEA shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -61.76%.
Measured over the past years, LSEA shows a very strong growth in Earnings Per Share. The EPS has been growing by 63.78% on average per year.
The Revenue has grown by 24.16% in the past year. This is a very strong growth!
The Revenue has been growing by 14.85% on average over the past years. This is quite good.
EPS 1Y (TTM)-61.76%
EPS 3Y-30.16%
EPS 5Y63.78%
EPS Q2Q%-2100%
Revenue 1Y (TTM)24.16%
Revenue growth 3Y14.85%
Revenue growth 5YN/A
Sales Q2Q%5.7%
3.2 Future
LSEA is expected to show a very negative growth in Earnings Per Share. In the coming years, the EPS will decrease by -60.38% yearly.
Based on estimates for the next years, LSEA will show a decrease in Revenue. The Revenue will decrease by -2.41% on average per year.
EPS Next Y-146.3%
EPS Next 2Y-60.38%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-7.42%
Revenue Next 2Y-2.41%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less 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 decreasing.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 43.50 indicates a quite expensive valuation of LSEA.
LSEA's Price/Earnings ratio is a bit more expensive when compared to the industry. LSEA is more expensive than 70.31% of the companies in the same industry.
When comparing the Price/Earnings ratio of LSEA to the average of the S&P500 Index (27.28), we can say LSEA is valued expensively.
The Price/Forward Earnings ratio is 153.30, which means the current valuation is very expensive for LSEA.
Based on the Price/Forward Earnings ratio, LSEA is valued a bit more expensive than 71.88% of the companies in the same industry.
LSEA is valuated expensively when we compare the Price/Forward Earnings ratio to 21.76, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 43.5 | ||
| Fwd PE | 153.3 |
4.2 Price Multiples
LSEA's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. LSEA is more expensive than 73.44% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, LSEA is valued cheaply inside the industry as 82.81% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.78 | ||
| EV/EBITDA | 43.13 |
4.3 Compensation for Growth
A cheap valuation may be justified as LSEA's earnings are expected to decrease with -60.38% in the coming years.
PEG (NY)N/A
PEG (5Y)0.68
EPS Next 2Y-60.38%
EPS Next 3YN/A
5. Dividend
5.1 Amount
LSEA does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
11.31
0 (0%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryHousehold Durables
Earnings (Last)
Earnings (Next)
Inst Owners60.71%
Inst Owner Change-1.03%
Ins Owners14.2%
Ins Owner Change-10.01%
Market Cap411.80M
Analysts48.89
Price Target11.37 (0.53%)
Short Float %5.45%
Short Ratio1.19
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)-100.66%
Min EPS beat(2)-122.18%
Max EPS beat(2)-79.14%
EPS beat(4)1
Avg EPS beat(4)18.92%
Min EPS beat(4)-122.18%
Max EPS beat(4)297.46%
EPS beat(8)4
Avg EPS beat(8)16.67%
EPS beat(12)6
Avg EPS beat(12)12.26%
EPS beat(16)9
Avg EPS beat(16)35.14%
Revenue beat(2)0
Avg Revenue beat(2)-5.4%
Min Revenue beat(2)-8.47%
Max Revenue beat(2)-2.33%
Revenue beat(4)1
Avg Revenue beat(4)2.55%
Min Revenue beat(4)-8.47%
Max Revenue beat(4)24.84%
Revenue beat(8)5
Avg Revenue beat(8)7.09%
Revenue beat(12)7
Avg Revenue beat(12)5.14%
Revenue beat(16)9
Avg Revenue beat(16)6.09%
PT rev (1m)4.53%
PT rev (3m)-12.55%
EPS NQ rev (1m)-633.31%
EPS NQ rev (3m)-217.77%
EPS NY rev (1m)-160.69%
EPS NY rev (3m)-141.2%
Revenue NQ rev (1m)-1.98%
Revenue NQ rev (3m)-11.43%
Revenue NY rev (1m)-1.64%
Revenue NY rev (3m)-7.19%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 43.5 | ||
| Fwd PE | 153.3 | ||
| P/S | 0.26 | ||
| P/FCF | 8.78 | ||
| P/OCF | 7.8 | ||
| P/B | 0.62 | ||
| P/tB | 0.82 | ||
| EV/EBITDA | 43.13 |
EPS(TTM)0.26
EY2.3%
EPS(NY)0.07
Fwd EY0.65%
FCF(TTM)1.29
FCFY11.39%
OCF(TTM)1.45
OCFY12.81%
SpS43.04
BVpS18.13
TBVpS13.86
PEG (NY)N/A
PEG (5Y)0.68
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.58% | ||
| ROE | 1.48% | ||
| ROCE | 1.24% | ||
| ROIC | 0.89% | ||
| ROICexc | 0.91% | ||
| ROICexgc | 1.14% | ||
| OM | 1.11% | ||
| PM (TTM) | 0.62% | ||
| GM | 14.29% | ||
| FCFM | 2.99% |
ROA(3y)2.66%
ROA(5y)-4.25%
ROE(3y)6%
ROE(5y)-8.19%
ROIC(3y)3.35%
ROIC(5y)N/A
ROICexc(3y)3.7%
ROICexc(5y)N/A
ROICexgc(3y)4.26%
ROICexgc(5y)N/A
ROCE(3y)4.7%
ROCE(5y)N/A
ROICexcg growth 3Y-34.43%
ROICexcg growth 5YN/A
ROICexc growth 3Y-36.82%
ROICexc growth 5YN/A
OM growth 3Y-32.72%
OM growth 5YN/A
PM growth 3Y-39.59%
PM growth 5YN/A
GM growth 3Y-6.27%
GM growth 5YN/A
F-Score5
Asset Turnover0.93
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.1 | ||
| Debt/FCF | 15.51 | ||
| Debt/EBITDA | 28.46 | ||
| Cap/Depr | 71.3% | ||
| Cap/Sales | 0.37% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 206.38% | ||
| Profit Quality | 479.4% | ||
| Current Ratio | 4.8 | ||
| Quick Ratio | 0.14 | ||
| Altman-Z | 2.14 |
F-Score5
WACC8.42%
ROIC/WACC0.11
Cap/Depr(3y)108.2%
Cap/Depr(5y)N/A
Cap/Sales(3y)0.46%
Cap/Sales(5y)N/A
Profit Quality(3y)73.27%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-61.76%
EPS 3Y-30.16%
EPS 5Y63.78%
EPS Q2Q%-2100%
EPS Next Y-146.3%
EPS Next 2Y-60.38%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)24.16%
Revenue growth 3Y14.85%
Revenue growth 5YN/A
Sales Q2Q%5.7%
Revenue Next Year-7.42%
Revenue Next 2Y-2.41%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-49.43%
EBIT growth 3Y-22.72%
EBIT growth 5YN/A
EBIT Next Year49.97%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-2.48%
FCF growth 3Y-7.73%
FCF growth 5YN/A
OCF growth 1Y-1.6%
OCF growth 3Y-3.94%
OCF growth 5YN/A