LSI Industries Inc. (LYTS) vs Richardson Electronics, Ltd. (RELL)

LSI Industries Inc. and Richardson Electronics, Ltd. are both Electronic Components companies. LSI Industries Inc. is the larger, with a market value of $754.7M against $282.3M — 2.7× the size. LSI Industries Inc. trades at the lower P/E: 28.6× against 30.7×. LSI Industries Inc. grew revenue faster over the last twelve months: 20.2% against 13.9%. Richardson Electronics, Ltd. has the higher net margin (3.57% vs 3.28%) and the higher return on invested capital (5.01% vs 3.98%). Both pay a dividend; Richardson Electronics, Ltd. yields more (1.31% vs 1.01%). Across the 23 metrics below, Richardson Electronics, Ltd. leads on 12 and LSI Industries Inc. on 11.

Valuation

Metric LYTS RELL Electronic Components median
P/E 28.58 30.75 30.82
P/S 0.94 1.13 2.84
P/B 1.80 1.59 2.93
Price to free cash flow 16.56 1,265.20 28.42
EV/EBITDA 16.19 16.22 16.22
EV/Sales 1.29 0.97 2.94
Earnings yield 3.50% 3.25% 1.67%
Free cash flow yield 6.04% 0.08% 0.58%

Profitability

Metric LYTS RELL Electronic Components median
Gross margin 25.15% 32.20% 33.21%
Operating margin 5.57% 4.44% 3.90%
Net margin 3.28% 3.57% 2.90%
Free cash flow margin 5.68% 0.09% 0.20%
Return on equity 7.64% 5.19% 2.60%
Return on assets 3.68% 4.14% 2.50%
Return on invested capital 3.98% 5.01% 2.28%

Growth

Metric LYTS RELL Electronic Components median
Revenue growth (TTM) 20.23% 13.87% 12.21%
EPS growth (last fiscal year) (15.19%) 650.00% 42.31%
Revenue growth, 5-year CAGR 16.91% 5.25% 7.19%
Net income growth, 5-year CAGR 30.93% 30.99% 0.00%

Health

Metric LYTS RELL Electronic Components median
Debt to equity 0.71 0.00 0.13
Current ratio 1.97 4.65 2.41
Net debt to EBITDA 4.40 (3.10) 0.34

Dividend

Metric LYTS RELL Electronic Components median
Dividend yield 1.01% 1.31% 0.91%
Payout ratio 0.30 0.41 0.29

Size

Metric LYTS RELL Electronic Components median
Market cap 754.67m 282.31m 707.24m

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