NasdaqGS:LSCC

Stock Analysis Report

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Market Cap

US$7.9b

Last Updated

2021/08/03 23:47 UTC

Data Sources

Company Financials +

Executive Summary

Lattice Semiconductor Corporation, together with its subsidiaries, develops and sells semiconductor products in Asia, Europe, and the Americas. More Details


Snowflake Analysis

Excellent balance sheet with reasonable growth potential.


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

10.8%

LSCC

5.7%

US Semiconductor

0.9%

US Market


1 Year Return

83.9%

LSCC

51.5%

US Semiconductor

34.7%

US Market

Return vs Industry: LSCC exceeded the US Semiconductor industry which returned 53.4% over the past year.

Return vs Market: LSCC exceeded the US Market which returned 34.4% over the past year.


Shareholder returns

LSCCIndustryMarket
7 Day10.8%5.7%0.9%
30 Day5.9%1.2%0.2%
90 Day19.7%13.9%4.7%
1 Year83.9%83.9%53.5%51.5%36.8%34.7%
3 Year660.7%660.7%129.4%118.3%62.5%52.4%
5 Year865.4%865.4%302.9%265.6%123.1%98.4%

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

Valuation

Is Lattice Semiconductor undervalued compared to its fair value and its price relative to the market?

135.95x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: LSCC ($58.12) is trading above our estimate of fair value ($6.31)

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 (135.9x) compared to the US Semiconductor industry average (34.4x).

PE vs Market: LSCC is poor value based on its PE Ratio (135.9x) compared to the US market (17.9x).


Price to Earnings Growth Ratio

PEG Ratio: LSCC is poor value based on its PEG Ratio (3.4x)


Price to Book Ratio

PB vs Industry: LSCC is overvalued based on its PB Ratio (20.2x) compared to the US Semiconductor industry average (4.8x).


Future Growth

How is Lattice Semiconductor forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?

40.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: LSCC's forecast earnings growth (40.2% per year) is above the savings rate (2%).

Earnings vs Market: LSCC's earnings (40.2% per year) are forecast to grow faster than the US market (15% per year).

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

Revenue vs Market: LSCC's revenue (12.9% per year) is forecast to grow faster than the US market (9.2% per year).

High Growth Revenue: LSCC's revenue (12.9% 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


Past Performance

How has Lattice Semiconductor performed over the past 5 years?

64.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: LSCC has high quality earnings.

Growing Profit Margin: LSCC's current net profit margins (13.6%) are higher than last year (11%).


Past Earnings Growth Analysis

Earnings Trend: LSCC has become profitable over the past 5 years, growing earnings by 64.8% per year.

Accelerating Growth: LSCC's earnings growth over the past year (30.8%) is below its 5-year average (64.8% per year).

Earnings vs Industry: LSCC earnings growth over the past year (30.8%) underperformed the Semiconductor industry 55.6%.


Return on Equity

High ROE: LSCC's Return on Equity (14.8%) is considered low.


Financial Health

How is Lattice Semiconductor's financial position?


Financial Position Analysis

Short Term Liabilities: LSCC's short term assets ($336.9M) exceed its short term liabilities ($80.7M).

Long Term Liabilities: LSCC's short term assets ($336.9M) exceed its long term liabilities ($215.3M).


Debt to Equity History and Analysis

Debt Level: LSCC's debt to equity ratio (43.6%) is considered high.

Reducing Debt: LSCC's debt to equity ratio has reduced from 116.1% to 43.6% over the past 5 years.

Debt Coverage: LSCC's debt is well covered by operating cash flow (58.5%).

Interest Coverage: LSCC's interest payments on its debt are well covered by EBIT (19.9x coverage).


Balance Sheet


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?

2.9yrs

Average management tenure


CEO

Jim Anderson (49 yo)

2.92yrs

Tenure

US$7,226,551

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 ($USD7.23M) is about average for companies of similar size in the US market ($USD6.51M).

Compensation vs Earnings: Jim's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: LSCC's management team is considered experienced (2.9 years average tenure).


Board Members

Experienced Board: LSCC's board of directors are considered experienced (3.4 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: LSCC insiders have only sold shares 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$7.936b
  • Shares outstanding: 136.55m
  • Website: https://www.latticesemi.com

Number of Employees


Location

  • Lattice Semiconductor Corporation
  • 5555 NE Moore Court
  • Hillsboro
  • Oregon
  • 97124-6421
  • United States

Listings


Biography

Lattice Semiconductor Corporation, together with its subsidiaries, develops and sells semiconductor products in Asia, Europe, and the Americas. The company offers field programmable gate arrays that consis...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/08/03 23:47
End of Day Share Price2021/08/03 00:00
Earnings2021/04/03
Annual Earnings2021/01/02


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.