Stocktoria

LSI INDUSTRIES INC LYTS

Nasdaq · stock · Electric Lighting & Wiring Equipment · website · IPO 1985-03-12 · LEI

LSI INDUSTRIES INC statistics & valuation

Market cap$975.1M
P / E40.0×
P / S1.7×
P / B4.2×
P / FCF28.1×
Net margin4.3%
FCF margin6.0%
Net debt$45.1M
Net debt / EBITDA0.9×
Enterprise value USD$1.0B
EV / EBITDA21.1×
Earnings yield EBIT/EV3.5%
Return on capital12%
Graham number -52.4%$11.53

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($11.53); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
0.90% -5.70% -5.00% 3.10% 1.90% 3.30% 5.20% 5.30% 4.30% 2017201720182019202020212022202320242025
Gross margin (%)
24.70% 26.10% 22.40% 24.10% 25.00% 24.00% 27.60% 28.40% 24.70% 2017201720182019202020212022202320242025
Operating margin (%)
1.10% -6.30% -6.00% 4.30% 2.50% 4.70% 7.50% 7.60% 6.20% 2017201720182019202020212022202320242025
Return on equity (%)
1.90% -14.00% -13.60% 7.60% 4.50% 10.20% 14.50% 12.20% 10.60% 2017201720182019202020212022202320242025
Shares outstanding
26.0M 25.5M 25.9M 26.1M 26.5M 27.4M 28.0M 29.3M 30.1M 30.8M 2017201720182019202020212022202320242025
Net debt ($)
$46.7M $49.7M $42.2M $38.6M -$3.5M $77.3M $77.1M $33.4M $50.1M $45.1M 2017201720182019202020212022202320242025
Share buybacks ($)
2017201720182019202020212022202320242025
Return on assets (%)
1.20% -8.50% -8.10% 5.60% 2.00% 4.80% 8.70% 7.20% 6.20% 2017201720182019202020212022202320242025
Free cash flow margin (%)
4.40% 2.40% 2.70% 8.80% 8.20% -1.30% 9.30% 8.10% 6.00% 2017201720182019202020212022202320242025
Debt / equity (×)
0.31× 0.36× 0.33× 0.33× 0.00× 0.61× 0.54× 0.20× 0.27× 0.21× 2017201720182019202020212022202320242025
EPS ($)
$0.12 -$0.76 -$0.63 $0.36 $0.21 $0.54 $0.88 $0.83 $0.79 2017201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

LSI INDUSTRIES INC trades at about 30.7× earnings — near its 10-year norm (10-year range 11.2×–178.5×, median 29.6×).

11.2× 178.5×

Shaded band = 10-year range (11.2×–178.5×); dot = today's 30.7×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2017
Gross margin24.7%28.4%27.6%24.0%25.0%24.1%22.4%26.1%24.7%
Operating margin6.2%7.6%7.5%4.7%2.5%4.3%-6.0%-6.3%1.1%
Net margin4.3%5.3%5.2%3.3%1.9%3.1%-5.0%-5.7%0.9%
FCF margin6.0%8.1%9.3%-1.3%8.2%8.8%2.7%2.4%4.4%
Return on assets6.2%7.2%8.7%4.8%2.0%5.6%-8.1%-8.5%1.2%
Return on equity10.6%12.2%14.5%10.2%4.5%7.6%-13.6%-14.0%1.9%
Debt / equity0.21×0.27×0.20×0.54×0.61×0.00×0.33×0.33×0.36×0.31×
Current ratio1.992.051.962.061.762.482.782.612.642.36

Computed from company filings · US · as of 2025-06-30. Facts plus Stocktoria's own computed scores — not investment advice.