Littelfuse Intrinsic Value Calculation – LITTELFUSE Reports 1.0% Drop in Revenue for Q2 FY2023

August 28, 2023

🌧️Earnings Overview

For the second quarter of FY2023 (ending June 30 2023), LITTELFUSE ($NASDAQ:LFUS) reported total revenue of USD 612.0 million, a 1.0% decrease from the previous year. Net income for the quarter was USD 70.1 million, a 19.5% drop from the same quarter in the prior year.

Analysis – Littelfuse Intrinsic Value Calculation

GoodWhale recently performed an in-depth analysis of the fundamentals of LITTELFUSE, a global leader in circuit protection. After taking into account the company’s expected future cash flows, current liabilities, and other financial metrics, GoodWhale has calculated an intrinsic value of $305.5 per share of LITTELFUSE stock. Currently, LITTELFUSE stock is trading at $302.0, which is 1.1% undervalued relative to its intrinsic value. This presents an attractive opportunity for investors to buy LITTELFUSE stock at a fair price. GoodWhale has a proprietary Valuation Line that uses sophisticated algorithms to derive an estimate of a stock’s intrinsic value in comparison to its current trading price. Our analysis shows that LITTELFUSE is undervalued by 1.1%, meaning that now could be a good time for investors to take advantage of the slight discrepancy between the current market price and intrinsic value. More…

  • Risk Rating Analysis
  • Star Chart Analysis
  • Valuation Analysis
  • About the Company

  • LITTELFUSE_Reports_1.0_Drop_in_Revenue_for_Q2_FY2023″>Industry Classification
  • Key Executives
  • Ownership (Institutional/ Fund Holdings)
  • News Feed
  • Income Snapshot

    Below shows the total revenue, net income and net margin for Littelfuse. LITTELFUSE_Reports_1.0_Drop_in_Revenue_for_Q2_FY2023″>More…

    Total Revenues Net Income Net Margin
    2.49k 327.59 13.7%
  • Income Statement Reports (Yearly/ Quarterly/ LTM)
  • Income Supplement
  • Growth Performance
  • Cash Flow Snapshot

    Below shows the cash from operations, investing and financing for Littelfuse. LITTELFUSE_Reports_1.0_Drop_in_Revenue_for_Q2_FY2023″>More…

    Operations Investing Financing
    406.03 -770.05 32.5
  • Cash Flow Statement (Yearly/ Quarterly/ LTM)
  • Cash Flow Supplement
  • Balance Sheet Snapshot

    Below shows the total assets, liabilities and book value per share for Littelfuse. LITTELFUSE_Reports_1.0_Drop_in_Revenue_for_Q2_FY2023″>More…

    Total Assets Total Liabilities Book Value Per Share
    3.98k 1.62k 94.69
  • Balance Sheet (Yearly/ Quarterly)
  • Balance Sheet Supplement
  • Key Ratios Snapshot

    Some of the financial key ratios for Littelfuse are shown below. LITTELFUSE_Reports_1.0_Drop_in_Revenue_for_Q2_FY2023″>More…

    3Y Rev Growth 3Y Operating Profit Growth Operating Margin
    22.6% 44.0% 17.3%
    FCF Margin ROE ROA
    12.7% 11.5% 6.8%
  • Income Statement Ratios
  • Balance Sheet Ratios
  • Cash Flow Ratios
  • Valuation Ratios
  • Other Ratios
  • Other Supplementary Items

  • Peers

    Littelfuse Inc, a global manufacturer of circuit protection solutions, competes with Samsung Electro-Mechanics Co Ltd, Shindengen Electric Manufacturing Co Ltd, and Atotech Ltd in the circuit protection device market. The company’s products are used in a variety of industries, including automotive, electronics, and industrial. Littelfuse Inc has a strong product portfolio and a history of innovation. The company is well-positioned to compete in the circuit protection device market.

    – Samsung Electro-Mechanics Co Ltd ($KOSE:009150)

    As of 2022, Samsung Electro-Mechanics Co Ltd has a market cap of 8.65T and a Return on Equity of 19.62%. The company manufactures and sells electronic and electrical components and products worldwide. It offers passive components, including capacitors, resistors, and inductors; printed circuit boards; and semiconductor packages. The company also provides optical products, such as lenses and optical modules for mobile devices, digital cameras, monitors, and automobiles; and electric vehicles.

    – Shindengen Electric Manufacturing Co Ltd ($TSE:6844)

    Shindengen Electric Manufacturing Co., Ltd. is engaged in the manufacture and sale of electric power control products and automotive electronic products. The Company operates in three business segments. The Electric Power Control Devices segment includes power semiconductor devices, thyristors, rectifiers, inverters and other power control devices. The Automotive Electronics Devices segment includes automotive voltage stabilizers, motor control devices, solenoids, relays and other automotive electronic devices. The Components segment includes capacitors, inductors and other electronic components. As of March 31, 2014, the Company had 69 subsidiaries and two associated companies.


    LITTELFUSE reported its second quarter earnings of FY2023, with total revenue of USD 612.0 million, a decrease of 1.0% year-on-year. Net income decreased 19.5% to USD 70.1 million. Investors should take this into account when evaluating LITTELFUSE stock. On the bright side, the company implemented cost-cutting initiatives in the second quarter and launched new products and services.

    This indicates that the company is well-positioned to make a rebound in the future. Long term investors should watch out for future developments to get a better perspective on the stock, including how the company fares in the competitive landscape and whether its strategies will be successful.

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