La-Z-Boy Incorporated (LZB) vs MasterBrand, Inc. (MBC)

La-Z-Boy Incorporated and MasterBrand, Inc. are both Furnishings Fixtures & Appliances companies. MasterBrand, Inc. is the larger, with a market value of $1.5B against $1.2B — 1.2× the size. MasterBrand, Inc. has negative trailing earnings, so its P/E is not meaningful; La-Z-Boy Incorporated trades at 15.0×. La-Z-Boy Incorporated grew revenue faster over the last twelve months: 0.20% against −0.01%. La-Z-Boy Incorporated has the higher net margin (3.86% vs −3.49%) and the higher return on invested capital (8.66% vs −0.64%). Across the 21 metrics below, La-Z-Boy Incorporated leads on 18 and MasterBrand, Inc. on 3.

Valuation

Metric LZB MBC Furnishings Fixtures & Appliances median
P/E 15.02 n/m 14.03
P/S 0.57 0.40 0.52
P/B 1.17 0.56 1.06
Price to free cash flow 8.80 14.83 9.86
EV/EBITDA 5.40 31.38 7.67
EV/Sales 0.67 0.81 0.67
Earnings yield 6.66% (9.54%) 3.50%
Free cash flow yield 11.36% 6.74% 7.55%

Profitability

Metric LZB MBC Furnishings Fixtures & Appliances median
Gross margin 44.36% 26.93% 37.53%
Operating margin 4.98% (1.14%) 2.03%
Net margin 3.86% (3.49%) 1.65%
Free cash flow margin 6.43% 2.70% 3.92%
Return on equity 7.94% (5.82%) 5.51%
Return on assets 4.16% (2.61%) 1.69%
Return on invested capital 8.66% (0.64%) 3.55%

Growth

Metric LZB MBC Furnishings Fixtures & Appliances median
Revenue growth (TTM) 0.20% (0.01%) 1.14%
EPS growth (last fiscal year) 5.11% (78.13%) —
Revenue growth, 5-year CAGR 4.16% 2.06% 0.64%
Net income growth, 5-year CAGR (0.86%) (28.78%) 0.00%

Health

Metric LZB MBC Furnishings Fixtures & Appliances median
Debt to equity 0.00 0.71 0.17
Current ratio 1.66 1.76 1.97
Net debt to EBITDA (1.08) 3.72 0.06

Dividend

Metric LZB MBC Furnishings Fixtures & Appliances median
Dividend yield 2.02% — 2.20%
Payout ratio 0.22 — 0.09

Size

Metric LZB MBC Furnishings Fixtures & Appliances median
Market cap 1.20b 1.46b 212.02m

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