Lattice Semiconductor
Market Cap
US$5.8b
Last Updated
2020/12/04 23:47 UTC
Data Sources
Company Financials +
Executive Summary
Lattice Semiconductor Corporation, together with its subsidiaries, develops and sells semiconductor technologies in Asia, Europe, and the Americas. More Details
Rewards
Risk Analysis
Snowflake Analysis
Excellent balance sheet with solid track record.
Similar Companies
Share Price & News
How has Lattice Semiconductor's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: LSCC is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: LSCC's weekly volatility (6%) has been stable over the past year.
Market Performance
7 Day Return
2.2%
LSCC
5.8%
US Semiconductor
1.5%
US Market
1 Year Return
121.7%
LSCC
57.0%
US Semiconductor
22.3%
US Market
Return vs Industry: LSCC exceeded the US Semiconductor industry which returned 55.5% over the past year.
Return vs Market: LSCC exceeded the US Market which returned 22.1% over the past year.
Shareholder returns
| LSCC | Industry | Market | |
|---|---|---|---|
| 7 Day | 2.2% | 5.8% | 1.5% |
| 30 Day | 10.4% | 14.5% | 8.8% |
| 90 Day | 51.0% | 22.3% | 10.8% |
| 1 Year | 121.7%121.7% | 59.9%57.0% | 25.1%22.3% |
| 3 Year | 646.4%646.4% | 108.7%97.7% | 49.5%39.6% |
| 5 Year | 607.7%607.7% | 287.9%250.5% | 105.8%83.3% |
Long-Term Price Volatility Vs. Market
How volatile is Lattice Semiconductor's share price compared to the market and industry in the last 5 years?
Simply Wall St News
6 days ago | Simply Wall St
Here's Why I Think Lattice Semiconductor (NASDAQ:LSCC) Is An Interesting Stock3 weeks ago | Simply Wall St
Here's Why We Think Lattice Semiconductor's (NASDAQ:LSCC) Statutory Earnings Might Be Conservative1 month ago | Simply Wall St
Lattice Semiconductor Corporation Just Beat Earnings Expectations: Here's What Analysts Think Will Happen NextValuation
Is Lattice Semiconductor undervalued compared to its fair value and its price relative to the market?
125.5x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: LSCC ($42.32) is trading above our estimate of fair value ($7.71)
Significantly Below Fair Value: LSCC is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: LSCC is poor value based on its PE Ratio (125.5x) compared to the US Semiconductor industry average (38.2x).
PE vs Market: LSCC is poor value based on its PE Ratio (125.5x) compared to the US market (19.4x).
Price to Earnings Growth Ratio
PEG Ratio: LSCC is poor value based on its PEG Ratio (2.9x)
Price to Book Ratio
PB vs Industry: LSCC is overvalued based on its PB Ratio (15.3x) compared to the US Semiconductor industry average (3.5x).
Next Steps
Future Growth
How is Lattice Semiconductor forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?
43.6%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: LSCC's forecast earnings growth (43.6% per year) is above the savings rate (2.2%).
Earnings vs Market: LSCC's earnings (43.6% per year) are forecast to grow faster than the US market (21.9% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: LSCC's revenue (10.2% per year) is forecast to grow slower than the US market (10.2% per year).
High Growth Revenue: LSCC's revenue (10.2% 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 LSCC's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has Lattice Semiconductor performed over the past 5 years?
59.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: LSCC has high quality earnings.
Growing Profit Margin: LSCC's current net profit margins (11.3%) are higher than last year (5.6%).
Past Earnings Growth Analysis
Earnings Trend: LSCC has become profitable over the past 5 years, growing earnings by 59.2% per year.
Accelerating Growth: LSCC's earnings growth over the past year (103.4%) exceeds its 5-year average (59.2% per year).
Earnings vs Industry: LSCC earnings growth over the past year (103.4%) exceeded the Semiconductor industry 22.8%.
Return on Equity
High ROE: LSCC's Return on Equity (12%) is considered low.
Next Steps
Financial Health
How is Lattice Semiconductor's financial position?
Financial Position Analysis
Short Term Liabilities: LSCC's short term assets ($339.0M) exceed its short term liabilities ($87.8M).
Long Term Liabilities: LSCC's short term assets ($339.0M) exceed its long term liabilities ($217.7M).
Debt to Equity History and Analysis
Debt Level: LSCC's debt to equity ratio (45.3%) is considered high.
Reducing Debt: LSCC's debt to equity ratio has reduced from 97.5% to 45.3% over the past 5 years.
Debt Coverage: LSCC's debt is well covered by operating cash flow (63.5%).
Interest Coverage: LSCC's interest payments on its debt are well covered by EBIT (13.3x coverage).
Balance Sheet
Next Steps
Dividend
What is Lattice Semiconductor current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate LSCC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate LSCC's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if LSCC's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if LSCC's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of LSCC's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.3yrs
Average management tenure
CEO
Jim Anderson (48 yo)
2.25yrs
Tenure
US$6,440,390
Compensation
Mr. James Robert Anderson, also known as Jim, has been President, Chief Executive Officer and Director at Lattice Semiconductor Corporation since September 4, 2018. He serves as Independent Director at Sie...
CEO Compensation Analysis
Compensation vs Market: Jim's total compensation ($USD6.44M) is about average for companies of similar size in the US market ($USD7.03M).
Compensation vs Earnings: Insufficient data to compare Jim's compensation with company performance.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 2.25yrs | US$6.44m | 0.31% $ 17.6m | |
| CFO & Corporate VP | 1.92yrs | US$3.93m | 0.066% $ 3.8m | |
| Corporate VP | 12.58yrs | US$3.05m | 0.0036% $ 205.7k | |
| Corporate Vice President of Research & Development | 2.25yrs | US$2.03m | 0.045% $ 2.6m | |
| Corporate VP | 2.25yrs | US$1.93m | 0.10% $ 5.8m | |
| Senior Director of Investor Relations | no data | no data | no data | |
| Corporate Vice President of Human Resources | 1.42yrs | no data | no data | |
| President of Asia Pacific Region | no data | no data | no data |
2.3yrs
Average Tenure
54yo
Average Age
Experienced Management: LSCC's management team is considered experienced (2.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 2.25yrs | US$6.44m | 0.31% $ 17.6m | |
| Independent Director | 9.25yrs | US$199.99k | 0.12% $ 6.8m | |
| Independent Director | 9.25yrs | US$199.99k | 0.11% $ 6.5m | |
| Independent Director | 2.75yrs | US$179.99k | 0.023% $ 1.3m | |
| Independent Director | 1.08yrs | US$83.34k | 0.0028% $ 159.0k | |
| Independent Director | 7.5yrs | US$204.99k | 0.064% $ 3.7m | |
| Independent Chairman of the Board | 2.58yrs | US$203.32k | 0.017% $ 974.4k | |
| Independent Director | 2.75yrs | US$194.99k | 0.023% $ 1.3m | |
| Independent Director | 2.75yrs | US$184.99k | 0.015% $ 848.8k |
2.8yrs
Average Tenure
60yo
Average Age
Experienced Board: LSCC's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.
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
Lattice Semiconductor Corporation's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Lattice Semiconductor Corporation
- Ticker: LSCC
- Exchange: NasdaqGS
- Founded: 1983
- Industry: Semiconductors
- Sector: Semiconductors
- Market Cap: US$5.762b
- Shares outstanding: 136.16m
- Website: https://www.latticesemi.com
Number of Employees
Location
- Lattice Semiconductor Corporation
- 5555 NE Moore Court
- Hillsboro
- Oregon
- 97124-6421
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| LSCC | NasdaqGS (Nasdaq Global Select) | Yes | Common Stock | US | USD | Nov 1989 |
| LTT | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Nov 1989 |
Biography
Lattice Semiconductor Corporation, together with its subsidiaries, develops and sells semiconductor technologies in Asia, Europe, and the Americas. The company offers field programmable gate arrays that co...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/12/04 23:47 |
| End of Day Share Price | 2020/12/04 00:00 |
| Earnings | 2020/09/26 |
| Annual Earnings | 2019/12/28 |
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.