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Added to YB: 2024-06-11

Pitch date: 2024-06-10

LFUS [bullish]

Littelfuse, Inc.

+7.08%

current return

Author Info

Capital Incentives works in research at Verity and writes deep dives on stocks. Sign up for the newsletter.

Company Info

Littelfuse, Inc. designs, manufactures, and sells electronic components, modules, and subassemblies. Its Electronics segment offers fuses and fuse accessories, positive temperature coefficient resettable fuses, electromechanical switches and interconnect solutions, polymer electrostatic discharge suppressors, varistors, reed switch based magnetic sensing, and gas discharge tubes; and discrete transient voltage suppressor (TVS) diodes, TVS diode arrays, protection and switching thyristors, silicon and silicon carbide metal-oxide-semiconductor field effect transistors and diodes, and insulated gate bipolar transistors.

Market Cap

$6.0B

Pitch Price

$244.92

Price Target

313.00 (+19%)

Dividend

1.25%

EV/EBITDA

12.76

P/E

50.74

EV/Sales

2.61

Sector

Electronic Equipment, Instruments and Components

Category

growth

Show full summary:
Littelfuse, Inc. - $LFUS

$LFUS: Global leader in circuit protection. Diverse end markets, M&A-driven growth. Revenue +12% CAGR since '16 (4% organic). EBIT margin 15%+ but cyclical. Invests 23% OCF in CapEx, 72% on M&A. CEO since '17. Electrification & electronification tailwinds. Product recall risk. DCF ~26% upside to $313 PT.

Read full article (24 min)