Littelfuse, Inc. (LFUS) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

-76.8%

$94.07

vs $405.35 price

Levered DCF

$168.02

After debt service

Piotroski score

7 / 9

Strong

Altman Z-score

5.83

Safe zone

Rating

B-

Overall 2 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
P/E	-90.7×	58.67×	25.63×	14.59×	27.27×	47.78×	33.8×	25.9×
P/B	2.69×	2.44×	2.68×	2.46×	4.09×	3.86×	3.14×	2.88×
P/S	2.74×	2.69×	2.81×	2.17×	3.72×	4.29×	3.13×	2.48×
EV / EBITDA	40.05×	18.97×	13.89×	10.07×	17.31×	22.35×	17.37×	13.52×
Gross margin	38.0%	35.9%	38.1%	40.1%	37.1%	34.7%	36.3%	38.0%
Operating margin	1.6%	7.2%	15.3%	19.9%	18.5%	11.2%	12.8%	13.1%
Net margin	-3.0%	4.6%	11.0%	14.8%	13.6%	9.0%	9.2%	9.6%
Current ratio	2.69×	3.58×	3.75×	2.64×	2.92×	4.42×	4.45×	3.5×
Debt / equity	0.39×	0.39×	0.38×	0.48×	0.35×	0.44×	0.47×	0.47×
Interest coverage	1.09×	4.1×	9.05×	19.1×	20.82×	7.7×	8.66×	9.97×
Dividend yield	1.1%	1.1%	0.9%	1.0%	0.6%	0.8%	1.0%	0.9%
Payout ratio	-100.4%	66.9%	24.0%	15.0%	17.5%	36.0%	32.1%	24.3%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	-3.0%	4.2%	10.5%	16.9%	15.0%	8.1%	9.3%	11.1%
Return on invested capital	-21.2%	3.0%	7.8%	12.1%	11.7%	5.3%	6.9%	7.8%
Return on assets	-1.8%	2.6%	6.5%	9.6%	9.0%	4.7%	5.4%	6.3%
Free cash flow yield	5.6%	5.0%	5.6%	5.8%	3.7%	3.3%	3.9%	6.0%
Earnings yield	-1.1%	1.7%	3.9%	6.9%	3.7%	2.1%	3.0%	3.9%
Enterprise value	$6.9B	$6.1B	$7B	$5.9B	$7.9B	$6.2B	$4.9B	$4.5B
Net debt / EBITDA	2.22×	0.64×	0.75×	0.84×	0.41×	0.07×	0.61×	0.62×
Cash conversion cycle (days)	107	108	121	128	111	103	96	95