LYTS Stock Analysis: LSI Industries | NASDAQ
Electronic Components | NASDAQ, USA | Market Cap: 853m USD | 12M Return: 25.7% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 6.61M
EPS Trend: 60.4%
Qual. Beats: 4
Rev. Trend: 88.1%
Qual. Beats: 4
Warnings
No concerns identified
Tailwinds
No distinct edge detected
Seasonality 10.5 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
LSI Industries Inc. (LYTS) is a Cincinnati-based manufacturer of non-residential lighting and retail display solutions, operating in the United States through two segments: Lighting, which offers indoor and outdoor fixtures alongside controls such as sensors, photocontrols, dimming, and motion detection, and Display Solutions, which produces exterior and interior graphics, digital signage, menu board systems, refrigerated displays, and custom merchandising fixtures. The company serves vertical markets including refueling and convenience stores, parking facilities, quick-service restaurants, retail, grocery and pharmacy, automotive dealerships, sports venues, and warehouses, often bundling its products with project management services such as installation oversight, site surveys, permitting, and content management.
Within the broader electrical components and equipment space, the lighting industry has been transitioning from legacy sources to LED and connected control systems, while visual merchandising and digital signage have become an increasing share of capital spending in fuel retail and quick-service restaurant locations, both of which align directly with LSIs product mix and core end markets.
- Refueling and convenience store vertical fuels display segment revenue
- Lighting margins pressured by raw material and component costs
- LED efficiency regulations drive commercial lighting demand
| Net Income: 19.6m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.05 > 0.02 and ΔFCF/TA -4.76 > 1.0 |
| NWC/Revenue: 14.82% < 20% (prev 17.60%; Δ -2.78% < -1%) |
| CFO/TA 0.05 > 3% & CFO 42.1m > Net Income 19.6m |
| Net Debt (303.8m) to EBITDA (51.4m): 5.91 < 3 |
| Current Ratio: 1.48 > 1.5 & < 3 |
| Outstanding Shares: last quarter (32.4m) vs 12m ago 4.59% < -2% |
| Gross Margin: 25.17% > 18% (prev 24.70%; Δ 0.47% > 0.5%) |
| Asset Turnover: 103.5% > 50% (prev 142.3%; Δ -38.81% > 0%) |
| Interest Coverage Ratio: 14.79 > 6 (EBIT TTM 37.9m / Interest Expense TTM 2.56m) |
| A: 0.11 (Total Current Assets 279.2m - Total Current Liabilities 188.3m) / Total Assets 800.5m |
| B: 0.10 (Retained Earnings 77.3m / Total Assets 800.5m) |
| C: 0.06 (EBIT TTM 37.9m / Avg Total Assets 592.6m) |
| D: 0.79 (Book Value of Equity 352.8m / Total Liabilities 447.7m) |
| Altman-Z'' = 2.32 = BBB |
| DSRI: 1.20 (Receivables 135.8m/100.9m, Revenue 613.4m/547.3m) |
| GMI: 0.98 (GM 24.70% / 25.17%) |
| AQI: 1.48 (AQ_t 0.58 / AQ_t-1 0.39) |
| SGI: 1.12 (Revenue 613.4m / 547.3m) |
| TATA: -0.03 (NI 19.6m - CFO 42.1m) / TA 800.5m) |
| Beneish M = -2.51 (Cap -4..+1) = A |
As of July 28, 2026, the stock is trading at USD 23.25 with a total of 199,277 shares traded. Over the past week, the price has changed by -0.60%, over one month by -12.43%, over three months by +2.82% and over the past year by +25.69%.
Current recommended Stop Loss: 22.20 (which is 4.5% or 1.2 ATR below the current price).
LSI Industries has received a consensus analysts rating of 4.67. Therefore, it is recommended to buy LYTS.
- StrongBuy: 2
- Buy: 1
- Hold: 0
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 30.3 | 30.5% |
P/E Trailing = 31.8219
P/E Forward = 17.1527
P/S = 1.3984
P/B = 2.4349
P/EG = 0.4012
Revenue TTM = 613.4m USD
EBIT TTM = 37.9m USD
EBITDA TTM = 51.4m USD
Long Term Debt = 203.0m USD (from longTermDebt, last quarter)
Short Term Debt = 58.0m USD (from shortTermDebt, last quarter)
Debt = 314.2m USD (from shortLongTermDebtTotal, last quarter) + Leases 53.2m
Net Debt = 303.8m USD (calculated: Debt 314.2m - CCE 10.3m)
Enterprise Value = 1.16b USD (852.8m + Debt 314.2m - CCE 10.3m)
Interest Coverage Ratio = 14.79 (Ebit TTM 37.9m / Interest Expense TTM 2.56m)
EV/FCF = 30.62x (Enterprise Value 1.16b / FCF TTM 37.8m)
FCF Yield = 3.27% (FCF TTM 37.8m / Enterprise Value 1.16b)
FCF Margin = 6.16% (FCF TTM 37.8m / Revenue TTM 613.4m)
Net Margin = 3.20% (Net Income TTM 19.6m / Revenue TTM 613.4m)
Gross Margin = 25.17% ((Revenue TTM 613.4m - Cost of Revenue TTM 459.0m) / Revenue TTM)
Gross Margin QoQ = 24.48% (prev 24.48%)
Tobins Q-Ratio = 1.44 (Enterprise Value 1.16b / Total Assets 800.5m)
Interest Expense / Debt = 0.81% (Interest Expense 2.56m / Debt 314.2m)
Taxrate = 30.41% (8.57m / 28.2m)
NOPAT = 26.3m (EBIT 37.9m * (1 - 30.41%))
Current Ratio = 1.48 (Total Current Assets 279.2m / Total Current Liabilities 188.3m)
Debt / Equity = 0.89 (Debt 314.2m / totalStockholderEquity, last quarter 352.8m)
Debt / EBITDA = 5.91 (Net Debt 303.8m / EBITDA 51.4m)
Debt / FCF = 8.04 (Net Debt 303.8m / FCF TTM 37.8m)
Total Stockholder Equity = 294.4m (last 4 quarters mean from totalStockholderEquity)
RoA = 3.31% (Net Income 19.6m / Total Assets 800.5m)
RoE = 6.66% (Net Income TTM 19.6m / Total Stockholder Equity 294.4m)
RoCE = 7.61% (EBIT 37.9m / Capital Employed (Equity 294.4m + L.T.Debt 203.0m))
RoIC = 3.99% (NOPAT 26.3m / Invested Capital 659.9m)
WACC = 7.50% (E(852.8m)/V(1.17b) * Re(10.05%) + D(314.2m)/V(1.17b) * Rd(0.81%) * (1-Tc(0.30)))
Discount Rate = 10.05% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 95.17 | Cagr: 3.40%
[DCF] Terminal Value 75.92% ; FCFF base≈37.2m ; Y1≈38.5m ; Y5≈43.4m
[DCF] Fair Price = 9.98 (EV 670.3m - Net Debt 303.8m = Equity 366.4m / Shares 36.7m; r=8.35% [WACC [floored]]; 5y FCF grow 3.69% → 2.50% )
EPS Correlation: 60.37 | EPS CAGR: 5.20% | SUE: 2.11 | # QB: 4
Revenue Correlation: 88.08 | Revenue CAGR: 10.54% | SUE: 1.89 | # QB: 4
EPS current Quarter (2026-09-30): EPS=0.34 | Chg30d=-4.17% | Revisions=-25% | Analysts=2
EPS current Year (2026-06-30): EPS=1.23 | Chg30d=-1.21% | Revisions=+25% | GrowthEPS=+14.5% | GrowthRev=+18.0%
EPS next Year (2027-06-30): EPS=1.40 | Chg30d=+0.36% | Revisions=-25% | GrowthEPS=+13.9% | GrowthRev=+30.9%
[Analyst] Revisions Ratio: -17% (up=1, down=2)