About Littelfuse, Inc.
Littelfuse, Inc. designs, manufactures, and sells electronic components, modules, and subassemblies. It operates through three segments: Electronics, Transportation, and Industrial. Its Electronics segment offers fuses and fuse accessories, coefficient resettable fuses, switches and interconnect solutions, polymer electrostatic discharge suppressors, varistors, reed switch based magnetic sensing, and gas discharge tubes; and discrete transient voltage suppressor diodes, TVS diode arrays, protection and switching thyristors, silicon and silicon carbide metal-oxide-semiconductor field effect transistors and diodes, and insulated gate bipolar transistors. This segment serves data center computing and communications infrastructure, industrial controls, building controls, aerospace and defense, appliances, consumer electronics solutions, healthcare solutions, industrial equipment, energy storage, diversified industrials, grid and utility infrastructure, passenger vehicles, and commercial vehicles. Its Transportation segment provides blade, resettable, high-current, and high-voltage fuses; battery cable protectors; circuit breakers, and power distribution modules; and sensor products. This segment serves heavy-duty truck and bus, construction, agriculture, off-road and recreational vehicles, material handling, passenger and commercial vehicles, and marine markets. Its Industrial segment offers industrial fuses, protection relays, contactors, transformers, residual current devices and monitors, ground fault circuit interrupters, arc fault detection devices, solid state switches, and temperature sensors for use in renewable energy and energy storage systems, electric vehicle infrastructure, HVAC systems, industrial safety, non-residential construction, MRO, mining, and factory automation applications. It sells its products through distributors, direct sales force, and manufacturers' representatives. The company was founded in 1927 and is headquartered in Rosemont, Illinois.
Littelfuse, Inc. (LFUS) is a Technology company in the Electronic Components industry with a market capitalisation of $8.9B. The stock yields 0.91%.
- Sector
- Technology
- Industry
- Electronic Components
- Market cap
- $8.9B
- Forward P/E
- 17.42
- EPS (TTM)
- $-0.50
- Revenue (TTM)
- $2.6B
- Free cash flow
- $364.8M
- Profit margin
- -0.3%
- Dividend yield
- 0.91%
- Beta
- 1.48
- Shares outstanding
- 25.4M
Financial health: Fair7.3/10
7 strengths, 2 concerns. Weakest points: return on equity, net margin.
- Debt to equity: 0.33 (Strong, benchmark < 0.5) — Debt of 0.33x equity is conservative against the 0.5x benchmark. It has improved over the last 4 years.
- Net debt vs cash flow: 0.7y (Strong, benchmark < 4 years) — Net debt of $238.9M is 0.7x annual free cash flow — under a year of cash flow to repay.
- Current ratio: 2.69 (Strong, benchmark > 1.5) — Short-term assets cover 2.69x short-term liabilities, against Graham's 1.5x floor. It has been broadly flat over the last 4 years.
- Return on equity: -0.3% (Concern, benchmark > 15%) — Earns -0.3% on shareholder equity, well short of the > 15% mark.
- Gross margin: 39.3% (Watch, benchmark > 40%) — Keeps 39.3% of revenue after the direct cost of sales, short of the > 40% mark.
- Net margin: -0.3% (Concern, benchmark > 10%) — Turns -0.3% of revenue into profit, well short of the > 10% mark.
- Free cash flow: $366.1M (Strong, benchmark positive) — Generated $366.1M of free cash flow after capital spending. It has improved over the last 4 years.
- Revenue growth: 20.4% (Strong, benchmark > 10%) — Revenue changed 20.4% year on year, comfortably past the > 10% mark.
- Earnings growth: 51.7% (Strong, benchmark > 10%) — Earnings changed 51.7% year on year, comfortably past the > 10% mark.
- PEG ratio: 1.86 (Watch, benchmark < 1) — At 1.86, the price looks fair relative to expected growth — Lynch treated 1.0 as fair value.
- Payout ratio: 60.0% (Strong, benchmark < 60%) — Pays out 60.0% of earnings as dividends, leaving room to keep paying.