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LYTS

LSI Industries NasdaqGS:LYTS Stock Report

Last Price

US$5.86

Market Cap

US$152.2m

7D

2.4%

1Y

-28.9%

Updated

24 Jun, 2022

Data

Company Financials +
LYTS fundamental analysis
Snowflake Score
Valuation3/6
Future Growth3/6
Past Performance3/6
Financial Health3/6
Dividends2/6

LYTS Stock Overview

LSI Industries Inc. manufactures and sells non-residential lighting and retail display solutions in the United States, Canada, Mexico, Australia, and Latin America.

LSI Industries Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for LSI Industries
Historical stock prices
Current Share PriceUS$5.86
52 Week HighUS$8.57
52 Week LowUS$5.41
Beta1.35
1 Month Change-9.71%
3 Month Change-6.54%
1 Year Change-28.88%
3 Year Change60.55%
5 Year Change-35.25%
Change since IPO29.39%

Recent News & Updates

Jun 14
Here's Why I Think LSI Industries (NASDAQ:LYTS) Is An Interesting Stock

Here's Why I Think LSI Industries (NASDAQ:LYTS) Is An Interesting Stock

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...

May 01
LSI Industries (NASDAQ:LYTS) Is Due To Pay A Dividend Of US$0.05

LSI Industries (NASDAQ:LYTS) Is Due To Pay A Dividend Of US$0.05

LSI Industries Inc.'s ( NASDAQ:LYTS ) investors are due to receive a payment of US$0.05 per share on 17th of May. This...

Shareholder Returns

LYTSUS ElectricalUS Market
7D2.4%4.9%6.6%
1Y-28.9%-27.2%-18.5%

Return vs Industry: LYTS matched the US Electrical industry which returned -29% over the past year.

Return vs Market: LYTS underperformed the US Market which returned -20.5% over the past year.

Price Volatility

Is LYTS's price volatile compared to industry and market?
LYTS volatility
LYTS Average Weekly Movement8.0%
Electrical Industry Average Movement11.5%
Market Average Movement8.0%
10% most volatile stocks in US Market16.6%
10% least volatile stocks in US Market3.1%

Stable Share Price: LYTS is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: LYTS's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19761,335James Clarkhttps://www.lsicorp.com

LSI Industries Inc. manufactures and sells non-residential lighting and retail display solutions in the United States, Canada, Mexico, Australia, and Latin America. It operates in two segments, Lighting and Display Solutions. The Lighting segment manufactures, markets, and sells non-residential outdoor and indoor lighting solutions.

LSI Industries Fundamentals Summary

How do LSI Industries's earnings and revenue compare to its market cap?
LYTS fundamental statistics
Market CapUS$152.20m
Earnings (TTM)US$10.05m
Revenue (TTM)US$424.67m

15.5x

P/E Ratio

0.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
LYTS income statement (TTM)
RevenueUS$424.67m
Cost of RevenueUS$325.02m
Gross ProfitUS$99.65m
Other ExpensesUS$89.59m
EarningsUS$10.05m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.38
Gross Margin23.47%
Net Profit Margin2.37%
Debt/Equity Ratio59.6%

How did LYTS perform over the long term?

See historical performance and comparison

Dividends

3.4%

Current Dividend Yield

54%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is LYTS undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for LYTS?

Other financial metrics that can be useful for relative valuation.

LYTS key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue0.6x
Enterprise Value/EBITDA8.9x
PEG Ratio0.7x

Price to Earnings Ratio vs Peers

How does LYTS's PE Ratio compare to its peers?

LYTS PE Ratio vs Peers
The above table shows the PE ratio for LYTS vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average11.6x

Price-To-Earnings vs Peers: LYTS is expensive based on its Price-To-Earnings Ratio (15.5x) compared to the peer average (11.6x).


Price to Earnings Ratio vs Industry

How does LYTS's PE Ratio compare vs other companies in the U.S. Electrical Industry?

Price-To-Earnings vs Industry: LYTS is good value based on its Price-To-Earnings Ratio (15.5x) compared to the US Electrical industry average (17.6x)


Price to Earnings Ratio vs Fair Ratio

What is LYTS's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

LYTS PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio15.5x
Fair PE Ratio17.5x

Price-To-Earnings vs Fair Ratio: LYTS is good value based on its Price-To-Earnings Ratio (15.5x) compared to the estimated Fair Price-To-Earnings Ratio (17.5x).


Share Price vs Fair Value

What is the Fair Price of LYTS when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: LYTS ($5.86) is trading above our estimate of fair value ($3.32)

Significantly Below Fair Value: LYTS is trading above our estimate of fair value.


Price to Earnings Growth Ratio

PEG Ratio: LYTS is good value based on its PEG Ratio (0.7x)


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Future Growth

How is LSI Industries forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

Future Growth Score

3/6

Future Growth Score 3/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


23.8%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: LYTS's forecast earnings growth (23.8% per year) is above the savings rate (1.9%).

Earnings vs Market: LYTS's earnings (23.8% per year) are forecast to grow faster than the US market (13.9% per year).

High Growth Earnings: LYTS's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: LYTS's revenue (7% per year) is forecast to grow slower than the US market (8.3% per year).

High Growth Revenue: LYTS's revenue (7% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if LYTS's Return on Equity is forecast to be high in 3 years time


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Past Performance

How has LSI Industries performed over the past 5 years?

Past Performance Score

3/6

Past Performance Score 3/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


45.3%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: LYTS has high quality earnings.

Growing Profit Margin: LYTS's current net profit margins (2.4%) are lower than last year (2.5%).


Past Earnings Growth Analysis

Earnings Trend: LYTS has become profitable over the past 5 years, growing earnings by 45.3% per year.

Accelerating Growth: LYTS's earnings growth over the past year (40%) is below its 5-year average (45.3% per year).

Earnings vs Industry: LYTS earnings growth over the past year (40%) exceeded the Electrical industry 31.2%.


Return on Equity

High ROE: LYTS's Return on Equity (7.1%) is considered low.


Discover strong past performing companies

Financial Health

How is LSI Industries's financial position?

Financial Health Score

3/6

Financial Health Score 3/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: LYTS's short term assets ($158.6M) exceed its short term liabilities ($75.2M).

Long Term Liabilities: LYTS's short term assets ($158.6M) exceed its long term liabilities ($94.8M).


Debt to Equity History and Analysis

Debt Level: LYTS's net debt to equity ratio (58.7%) is considered high.

Reducing Debt: LYTS's debt to equity ratio has increased from 34.4% to 59.6% over the past 5 years.

Debt Coverage: LYTS's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: LYTS's interest payments on its debt are well covered by EBIT (13x coverage).


Balance Sheet


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Dividend

What is LSI Industries's current dividend yield, its reliability and sustainability?

Dividend Score

2/6

Dividend Score 2/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


3.41%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: LYTS's dividend (3.41%) is higher than the bottom 25% of dividend payers in the US market (1.62%).

High Dividend: LYTS's dividend (3.41%) is low compared to the top 25% of dividend payers in the US market (4.34%).


Stability and Growth of Payments

Stable Dividend: LYTS's dividend payments have been volatile in the past 10 years.

Growing Dividend: LYTS's dividend payments have fallen over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (54%), LYTS's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: LYTS is paying a dividend but the company has no free cash flows.


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Management

How experienced are the management team and are they aligned to shareholders interests?

3.7yrs

Average management tenure


CEO

James Clark

3.58yrs

Tenure

US$2,150,425

Compensation

Mr. James Anthony Clark, also known as Jim, has been the President and Chief Executive Officer of LSI Industries Inc. since November 1, 2018 and also has been its Director since January 23, 2019. Mr. Clark...


CEO Compensation Analysis

Compensation vs Market: James's total compensation ($USD2.15M) is about average for companies of similar size in the US market ($USD1.73M).

Compensation vs Earnings: James's compensation has increased by more than 20% in the past year.


Leadership Team

Experienced Management: LYTS's management team is considered experienced (3.7 years average tenure).


Board Members

Experienced Board: LYTS's board of directors are considered experienced (3.5 years average tenure).


Ownership

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

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

LSI Industries Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: LSI Industries Inc.
  • Ticker: LYTS
  • Exchange: NasdaqGS
  • Founded: 1976
  • Industry: Electrical Components and Equipment
  • Sector: Capital Goods
  • Implied Market Cap: US$152.200m
  • Shares outstanding: 26.65m
  • Website: https://www.lsicorp.com

Number of Employees


Location

  • LSI Industries Inc.
  • 10000 Alliance Road
  • Cincinnati
  • Ohio
  • 45242
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/24 00:00
End of Day Share Price2022/06/24 00:00
Earnings2022/03/31
Annual Earnings2021/06/30


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.