Financials Lattice Semiconductor Corporation

Equities

LSCC

US5184151042

Semiconductors

Market Closed - Nasdaq 04:00:00 2024-04-26 pm EDT 5-day change 1st Jan Change
73.88 USD -0.04% Intraday chart for Lattice Semiconductor Corporation +11.08% +7.09%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 2,548 6,171 10,501 8,892 9,523 10,161 - -
Enterprise Value (EV) 1 2,548 6,171 10,501 8,875 9,405 9,925 9,840 9,592
P/E ratio 59.6 x 133 x 114 x 51.1 x 37.3 x 80.1 x 55.9 x 38.8 x
Yield - - - - - - - -
Capitalization / Revenue 6.31 x 15.1 x 20.4 x 13.5 x 12.9 x 16.8 x 14 x 12 x
EV / Revenue 6.31 x 15.1 x 20.4 x 13.4 x 12.8 x 16.4 x 13.5 x 11.4 x
EV / EBITDA 22.3 x 49.9 x 59.1 x 31.3 x 29 x 47.7 x 35.4 x 27.3 x
EV / FCF - - - 41.2 x 37.7 x 52.8 x 41.3 x 32.1 x
FCF Yield - - - 2.43% 2.65% 1.89% 2.42% 3.11%
Price to Book 8.05 x 16.1 x 25.6 x 18.7 x - 12.7 x 10.3 x 9.29 x
Nbr of stocks (in thousands) 133,558 136,156 136,940 137,059 138,028 137,540 - -
Reference price 2 19.08 45.32 76.68 64.88 68.99 73.88 73.88 73.88
Announcement Date 2/11/20 2/16/21 2/15/22 2/13/23 2/12/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 404.1 408.1 515.3 660.4 737.2 604.1 728.4 844.6
EBITDA 1 114.3 123.6 177.6 283.8 324.5 208.1 278.3 351.6
EBIT 1 94.8 102.9 155.8 255.4 293.6 192.6 264.4 320.9
Operating Margin 23.46% 25.21% 30.23% 38.67% 39.83% 31.88% 36.3% 37.99%
Earnings before Tax (EBT) 1 45.06 48.46 97.63 182.1 214.9 162.8 200.9 234
Net income 1 43.49 47.39 95.92 178.9 259.1 126.2 176.3 202.1
Net margin 10.76% 11.61% 18.61% 27.09% 35.14% 20.89% 24.21% 23.93%
EPS 2 0.3200 0.3400 0.6700 1.270 1.850 0.9224 1.321 1.902
Free Cash Flow 1 - - - 215.5 249.5 187.8 238.2 298.6
FCF margin - - - 32.63% 33.85% 31.09% 32.7% 35.35%
FCF Conversion (EBITDA) - - - 75.92% 76.88% 90.28% 85.57% 84.92%
FCF Conversion (Net income) - - - 120.45% 96.31% 148.87% 135.06% 147.75%
Dividend per Share 2 - - - - - - - -
Announcement Date 2/11/20 2/16/21 2/15/22 2/13/23 2/12/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 131.9 141.8 150.5 161.4 172.5 176 184.3 190.1 192.2 170.6 140.2 140.5 154.4 168 170.9
EBITDA 1 45.56 52.4 60.66 - - - - - 85.24 72.85 46.34 46.31 53.41 61.31 62.89
EBIT 1 40.08 46.61 54.64 61.55 68.51 70.65 75.64 75.97 77.41 64.56 41.55 41.68 50.26 59.16 59.79
Operating Margin 30.38% 32.87% 36.31% 38.14% 39.72% 40.15% 41.04% 39.97% 40.28% 37.85% 29.64% 29.67% 32.55% 35.2% 34.98%
Earnings before Tax (EBT) 1 26.27 29.11 37.03 45.65 46.72 52.71 58.48 53.08 57.88 45.4 42.61 42.43 49.96 53.91 48.44
Net income 1 26.74 28.53 36.08 44.53 46.36 51.91 55.92 50.64 53.79 98.71 27.35 27.07 34.63 39.59 38.31
Net margin 20.27% 20.12% 23.97% 27.6% 26.87% 29.5% 30.34% 26.64% 27.99% 57.86% 19.51% 19.27% 22.43% 23.56% 22.41%
EPS 2 0.1900 0.2000 0.2600 0.3200 0.3300 0.3700 0.4000 0.3600 0.3800 0.7100 0.2038 0.2033 0.2533 0.2913 0.2977
Dividend per Share 2 - - - - - - - - - - - - - - -
Announcement Date 11/2/21 2/15/22 5/3/22 8/1/22 10/31/22 2/13/23 5/1/23 7/31/23 10/30/23 2/12/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - - - - -
Net Cash position 1 - - - 17 118 236 322 570
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 1 - - - 215 249 188 238 299
ROE (net income / shareholders' equity) - - - - 47.6% 23.9% 29.1% 31.2%
ROA (Net income/ Total Assets) - - - - 34.2% 19.4% 24.5% 26.5%
Assets 1 - - - - 756.7 649.3 720.9 761.8
Book Value Per Share 2 2.370 2.820 3.000 3.460 - 5.840 7.170 7.950
Cash Flow per Share 2 - - - - 1.930 1.790 2.180 2.700
Capex 1 15.6 12.1 9.84 23.3 20.1 19.1 22.3 29.8
Capex / Sales 3.86% 2.97% 1.91% 3.53% 2.73% 3.15% 3.06% 3.52%
Announcement Date 2/11/20 2/16/21 2/15/22 2/13/23 2/12/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
C
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
11
Last Close Price
73.88 USD
Average target price
75.67 USD
Spread / Average Target
+2.42%
Consensus
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