Littelfuse Stock Intrinsic Value – LITTELFUSE Reports Strong Second Quarter Earnings for Fiscal Year 2023
August 24, 2023
☀️Earnings Overview
On June 30, 2023, LITTELFUSE ($NASDAQ:LFUS) released their second quarter earnings figures for Fiscal Year 2023, which showed total revenue of USD 612.0 million, a decline of 1.0% compared to the same quarter the previous year. Net income for the quarter was USD 70.1 million, a decrease of 19.5% year-on-year.
Market Price
Despite this success, their stock prices did not reflect the positive news, as it opened at $302.0 and closed at $302.0, down by 0.8% from the previous closing price of 304.6. This slight decline in stock prices may have been due to the overall market conditions, as well as uncertainty regarding how the tariffs imposed by the US government will affect the global electronics industry. However, analysts remain optimistic that the company’s strong performance in the second quarter will be reflected in their future stock prices, given the current market conditions. Although their stock prices may have experienced some fluctuations in the short-term, many analysts remain confident that LITTELFUSE is well-positioned to weather any market volatility and continue to demonstrate growth and success. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Littelfuse. LITTELFUSE_Reports_Strong_Second_Quarter_Earnings_for_Fiscal_Year_2023″>More…
| Total Revenues | Net Income | Net Margin |
| 2.49k | 327.59 | 13.7% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Littelfuse. LITTELFUSE_Reports_Strong_Second_Quarter_Earnings_for_Fiscal_Year_2023″>More…
| Operations | Investing | Financing |
| 406.03 | -770.05 | 32.5 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Littelfuse. LITTELFUSE_Reports_Strong_Second_Quarter_Earnings_for_Fiscal_Year_2023″>More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 3.98k | 1.62k | 94.69 |
Key Ratios Snapshot
Some of the financial key ratios for Littelfuse are shown below. LITTELFUSE_Reports_Strong_Second_Quarter_Earnings_for_Fiscal_Year_2023″>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% |
Analysis – Littelfuse Stock Intrinsic Value
We at GoodWhale recently conducted an analysis of LITTELFUSE‘s wellbeing and found that the intrinsic value of their shares is around $305.8. We calculated this value using our proprietary Valuation Line tool, which takes into account various factors such as the company’s financial performance, market conditions and industry trends. At the current moment, LITTELFUSE’s stock is trading at approximately $302.0, a fair price that is slightly undervalued by 1.2%. This could be an attractive investment opportunity for those looking to invest in a company with a strong future outlook. We believe that LITTELFUSE’s intrinsic value could be realized over time as the company continues to grow and make progress in its industry. More…
Peers
Littelfuse Inc, a global manufacturer of circuit protection solutions, competes with Samsung Electro-Mechanics Co Ltd, Shindengen Electric Manufacturing Co Ltd, and Atotech Ltd in the circuit protection device market. The company’s products are used in a variety of industries, including automotive, electronics, and industrial. Littelfuse Inc has a strong product portfolio and a history of innovation. The company is well-positioned to compete in the circuit protection device market.
– Samsung Electro-Mechanics Co Ltd ($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.
Summary
LITTELFUSE reported their second quarter earnings results for Fiscal Year 2023 on June 30, 2023. Total revenue decreased slightly by 1.0%, while net income dropped significantly by 19.5%. Analysts suggest that investors should monitor the company’s performance closely as the overall environment remains uncertain. Investors should also consider the impact of macroeconomic conditions, such as inflation and interest rates, which could affect the company’s long-term stability.
Furthermore, investors should also take into account LITTELFUSE’s commitment to innovation and focus on the company’s ability to execute its strategy. Ultimately, investors should use their own judgement when considering an investment in LITTELFUSE.
