LCI Industries, together with its subsidiaries, manufactures and supplies components for the manufacturers of recreational vehicles (RVs) and adjacent industries in the United States and internationally. More Details
Solid track record and good value.
Share Price & News
How has LCI Industries's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: LCII is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: LCII's weekly volatility (5%) has been stable over the past year.
7 Day Return
US Auto Components
1 Year Return
US Auto Components
Return vs Industry: LCII underperformed the US Auto Components industry which returned 71.2% over the past year.
Return vs Market: LCII underperformed the US Market which returned 34.7% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is LCI Industries's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 days ago | Simply Wall StIs LCI Industries (NYSE:LCII) Trading At A 23% Discount?
2 weeks ago | Simply Wall StLCI Industries (NYSE:LCII) Stock Has Shown Weakness Lately But Financials Look Strong: Should Prospective Shareholders Make The Leap?
4 weeks ago | Simply Wall StThe LCI Industries (NYSE:LCII) Share Price Is Up 44% And Shareholders Are Holding On
Is LCI Industries undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: LCII ($144) is trading below our estimate of fair value ($260.6)
Significantly Below Fair Value: LCII is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: LCII is good value based on its PE Ratio (14x) compared to the US Auto Components industry average (21.7x).
PE vs Market: LCII is good value based on its PE Ratio (14x) compared to the US market (18x).
Price to Earnings Growth Ratio
PEG Ratio: LCII is poor value based on its PEG Ratio (1.6x)
Price to Book Ratio
PB vs Industry: LCII is overvalued based on its PB Ratio (3.7x) compared to the US Auto Components industry average (2.5x).
How is LCI Industries forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: LCII's forecast earnings growth (8.7% per year) is above the savings rate (2%).
Earnings vs Market: LCII's earnings (8.7% per year) are forecast to grow slower than the US market (14.9% per year).
High Growth Earnings: LCII's earnings are forecast to grow, but not significantly.
Revenue vs Market: LCII's revenue (2.5% per year) is forecast to grow slower than the US market (9.2% per year).
High Growth Revenue: LCII's revenue (2.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: LCII's Return on Equity is forecast to be high in 3 years time (21.9%)
How has LCI Industries performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: LCII has high quality earnings.
Growing Profit Margin: LCII's current net profit margins (7%) are higher than last year (4.5%).
Past Earnings Growth Analysis
Earnings Trend: LCII's earnings have grown by 8.4% per year over the past 5 years.
Accelerating Growth: LCII's earnings growth over the past year (144.3%) exceeds its 5-year average (8.4% per year).
Earnings vs Industry: LCII earnings growth over the past year (144.3%) exceeded the Auto Components industry 54.6%.
Return on Equity
High ROE: Whilst LCII's Return on Equity (26.27%) is high, this metric is skewed due to their high level of debt.
How is LCI Industries's financial position?
Financial Position Analysis
Short Term Liabilities: LCII's short term assets ($1.2B) exceed its short term liabilities ($550.6M).
Long Term Liabilities: LCII's short term assets ($1.2B) do not cover its long term liabilities ($1.2B).
Debt to Equity History and Analysis
Debt Level: LCII's debt to equity ratio (102.2%) is considered high.
Reducing Debt: LCII's debt to equity ratio has increased from 9.9% to 102.2% over the past 5 years.
Debt Coverage: LCII's debt is not well covered by operating cash flow (15.2%).
Interest Coverage: LCII's interest payments on its debt are well covered by EBIT (33.5x coverage).
What is LCI Industries's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: LCII's dividend (2.5%) is higher than the bottom 25% of dividend payers in the US market (1.3%).
High Dividend: LCII's dividend (2.5%) is low compared to the top 25% of dividend payers in the US market (3.54%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, LCII has been paying a dividend for less than 10 years.
Growing Dividend: LCII's dividend payments have increased, but the company has only paid a dividend for 8 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (28.2%), LCII's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: LCII's dividends in 3 years are forecast to be well covered by earnings (27.9% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Jason Lippert (49 yo)
Mr. Jason D. Lippert has been the Chief Executive Officer of LCI Industries since May 10, 2013 and has been its President since May 23, 2019. Mr. Lippert has been the Chief Executive Officer at Lippert Com...
CEO Compensation Analysis
Compensation vs Market: Jason's total compensation ($USD9.51M) is above average for companies of similar size in the US market ($USD5.32M).
Compensation vs Earnings: Jason's compensation has been consistent with company performance over the past year.
Experienced Management: LCII's management team is considered experienced (3.8 years average tenure).
Experienced Board: LCII's board of directors are considered experienced (5.1 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
LCI Industries's company bio, employee growth, exchange listings and data sources
- Name: LCI Industries
- Ticker: LCII
- Exchange: NYSE
- Founded: 1984
- Industry: Auto Parts and Equipment
- Sector: Automobiles
- Market Cap: US$3.637b
- Shares outstanding: 25.25m
- Website: https://www.lci1.com
Number of Employees
- LCI Industries
- 3501 County Road 6 East
- United States
LCI Industries, together with its subsidiaries, manufactures and supplies components for the manufacturers of recreational vehicles (RVs) and adjacent industries in the United States and internationally. I...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/08/04 23:10|
|End of Day Share Price||2021/08/04 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.