NasdaqGS:LFUS

Stock Analysis Report

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Executive Summary

Littelfuse, Inc. manufactures and sells circuit protection, power control, and sensing products in the Asia-Pacific, the Americas, and Europe. More Details


Snowflake Analysis

Adequate balance sheet average dividend payer.


Similar Companies

Share Price & News

How has Littelfuse's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: LFUS is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: LFUS's weekly volatility (4%) has been stable over the past year.


Market Performance


7 Day Return

4.3%

LFUS

2.8%

US Electronic

2.1%

US Market


1 Year Return

33.6%

LFUS

18.3%

US Electronic

19.8%

US Market

Return vs Industry: LFUS exceeded the US Electronic industry which returned 18.3% over the past year.

Return vs Market: LFUS exceeded the US Market which returned 19.8% over the past year.


Shareholder returns

LFUSIndustryMarket
7 Day4.3%2.8%2.1%
30 Day26.0%14.6%8.1%
90 Day31.9%19.0%6.0%
1 Year35.0%33.6%19.5%18.3%22.5%19.8%
3 Year23.9%20.3%31.2%27.4%46.5%36.8%
5 Year133.0%122.3%111.3%101.3%96.9%75.3%

Long-Term Price Volatility Vs. Market

How volatile is Littelfuse's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

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

63.03x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: LFUS ($242.39) is trading above our estimate of fair value ($130.78)

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


Price To Earnings Ratio

PE vs Industry: LFUS is poor value based on its PE Ratio (63x) compared to the US Electronic industry average (25.5x).

PE vs Market: LFUS is poor value based on its PE Ratio (63x) compared to the US market (19.7x).


Price to Earnings Growth Ratio

PEG Ratio: LFUS is poor value based on its PEG Ratio (1.8x)


Price to Book Ratio

PB vs Industry: LFUS is overvalued based on its PB Ratio (3.9x) compared to the US Electronic industry average (2.3x).


Next Steps

Future Growth

How is Littelfuse forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?

35.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: LFUS's forecast earnings growth (35.5% per year) is above the savings rate (2.2%).

Earnings vs Market: LFUS's earnings (35.5% per year) are forecast to grow faster than the US market (22% per year).

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

Revenue vs Market: LFUS's revenue (7.9% per year) is forecast to grow slower than the US market (10.2% per year).

High Growth Revenue: LFUS's revenue (7.9% 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 LFUS's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Littelfuse performed over the past 5 years?

7.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: LFUS has a large one-off loss of $56.1M impacting its September 26 2020 financial results.

Growing Profit Margin: LFUS's current net profit margins (6.8%) are lower than last year (9.5%).


Past Earnings Growth Analysis

Earnings Trend: LFUS's earnings have grown by 7.2% per year over the past 5 years.

Accelerating Growth: LFUS's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: LFUS had negative earnings growth (-37.3%) over the past year, making it difficult to compare to the Electronic industry average (-14.1%).


Return on Equity

High ROE: LFUS's Return on Equity (6.1%) is considered low.


Next Steps

Financial Health

How is Littelfuse's financial position?


Financial Position Analysis

Short Term Liabilities: LFUS's short term assets ($1.1B) exceed its short term liabilities ($234.6M).

Long Term Liabilities: LFUS's short term assets ($1.1B) exceed its long term liabilities ($890.2M).


Debt to Equity History and Analysis

Debt Level: LFUS's debt to equity ratio (47.4%) is considered high.

Reducing Debt: LFUS's debt to equity ratio has increased from 28.4% to 47.4% over the past 5 years.

Debt Coverage: LFUS's debt is well covered by operating cash flow (34.3%).

Interest Coverage: LFUS's interest payments on its debt are well covered by EBIT (8.3x coverage).


Balance Sheet


Next Steps

Dividend

What is Littelfuse current dividend yield, its reliability and sustainability?

0.79%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: LFUS's dividend (0.79%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.47%).

High Dividend: LFUS's dividend (0.79%) is low compared to the top 25% of dividend payers in the US market (4.05%).


Stability and Growth of Payments

Stable Dividend: LFUS's dividends per share have been stable in the past 10 years.

Growing Dividend: LFUS's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (49.9%), LFUS's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: LFUS's dividends in 3 years are forecast to be well covered by earnings (26.4% payout ratio).


Next Steps

Management

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

3.8yrs

Average management tenure


CEO

Dave Heinzmann (57 yo)

3.83yrs

Tenure

US$3,920,144

Compensation

Mr. David W. Heinzmann, also known as Dave, has been Chief Executive Officer and President of Littelfuse, Inc. since January 1, 2017. Mr. Heinzmann served as Chief Operating Officer of Littelfuse, Inc. fro...


CEO Compensation Analysis

Compensation vs Market: Dave's total compensation ($USD3.92M) is below average for companies of similar size in the US market ($USD6.90M).

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


Leadership Team

NamePositionTenureCompensationOwnership
David Heinzmann
President3.83yrsUS$3.92m0.14%
$ 8.1m
Meenal Sethna
Executive VP & CFO4.67yrsUS$1.66m0.033%
$ 1.9m
Ryan Stafford
Executive VP6.83yrsUS$1.71m0.056%
$ 3.3m
Deepak Nayar
Senior VP & GM of Electronics Business9.83yrsUS$1.09m0.035%
$ 2.0m
Jeffrey Gorski
VP & Chief Accounting Officer3.25yrsno data0%
$ 0
Trisha Tuntland
Head of Investor Relations2.42yrsno datano data
Matthew Cole
Senior Vice President of Business Development & Strategy5.33yrsno data0.0086%
$ 502.5k
Alexander Conrad
Senior VP & GM of Passenger Vehicle Business2.33yrsno data0.021%
$ 1.3m
Eyal Altman
VP and Chief Digital & Information Technology Officer0.83yrno datano data
Mark Pollock
Global Product Managerno datano datano data

3.8yrs

Average Tenure

53yo

Average Age

Experienced Management: LFUS's management team is considered experienced (3.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
David Heinzmann
President3.83yrsUS$3.92m0.14%
$ 8.1m
William Noglows
Independent Director13.75yrsUS$236.71k0.080%
$ 4.7m
Cary Fu
Independent Director8.33yrsUS$243.37k0.010%
$ 582.5k
Nathan Zommer
Director2.83yrsUS$315.04k1.21%
$ 71.0m
Tzau-Jin Chung
Independent Director13.33yrsUS$238.37k0.076%
$ 4.4m
John Major
Lead Independent Director1.83yrsUS$240.04k0.088%
$ 5.1m
Anthony Grillo
Independent Director28.92yrsUS$223.37k0.21%
$ 12.2m
Gordon Hunter
Chairman of the Board3.83yrsUS$273.37k0.095%
$ 5.6m
Maria Green
Independent Director0.75yrno datano data
Kristina Cerniglia
Independent Director1.92yrsUS$229.21k0.0012%
$ 72.5k

3.8yrs

Average Tenure

65.5yo

Average Age

Experienced Board: LFUS's board of directors are considered experienced (3.8 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: LFUS 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

Littelfuse, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Littelfuse, Inc.
  • Ticker: LFUS
  • Exchange: NasdaqGS
  • Founded: 1927
  • Industry: Electronic Components
  • Sector: Tech
  • Market Cap: US$5.843b
  • Shares outstanding: 24.38m
  • Website: https://www.littelfuse.com

Number of Employees


Location

  • Littelfuse, Inc.
  • 8755 West Higgins Road
  • Suite 500
  • Chicago
  • Illinois
  • 60631
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
LFUSNasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDSep 1992
LFSDB (Deutsche Boerse AG)YesCommon StockDEEURSep 1992

Biography

Littelfuse, Inc. manufactures and sells circuit protection, power control, and sensing products in the Asia-Pacific, the Americas, and Europe. The company’s Electronics segment offers fuses and fuse access...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/27 23:59
End of Day Share Price2020/11/27 00:00
Earnings2020/09/26
Annual Earnings2019/12/28


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.