LCI Industries Z Score

LCII
 Stock
  

USD 105.50  6.38  6.44%   

Altman Z Score is one of the simplest fundamental models to determine how likely your company is to fail. The module uses available fundamental data of a given equity to approximate the Altman Z score. Altman Z Score is determined by evaluating five fundamental price points available from the company's current public disclosure documents. Additionally, see LCI Industries Piotroski F Score and LCI Industries Valuation analysis.
  
LCI Industries Invested Capital Average is most likely to increase significantly in the upcoming years. The last year's value of Invested Capital Average was reported at 2.88 Billion. The current Working Capital is estimated to increase to about 1 B, while Capital Expenditure is projected to decrease to (101.1 M). LCI Industries Cost of Revenue is most likely to increase significantly in the upcoming years. The last year's value of Cost of Revenue was reported at 3.43 Billion. The current Earning Before Interest and Taxes EBIT is estimated to increase to about 429.9 M, while Weighted Average Shares is projected to decrease to roughly 23.4 M.

LCI Industries Z Score Analysis

LCI Industries' Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..
 2019 2020 2021 2022 (projected)
Consolidated Income146.51 M158.44 M287.74 M310.46 M
Direct Expenses1.83 B2.09 B3.43 B3.7 B
Z Score 
 = 
Sum Of  
 
5 Factors 
More About Z Score | All Equity Analysis

Current LCI Industries Z Score

    
  11.89  
Most of LCI Industries' fundamental indicators, such as Z Score, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, LCI Industries is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
First Factor
 = 
1.2 * (
Working Capital
/
Total Assets )
Second Factor
 = 
1.4 * (
Retained Earnings
/
Total Assets )
Thrid Factor
 = 
3.3 * (
EBITAD
/
Total Assets )
Fouth Factor
 = 
0.6 * (
Market Value of Equity
/
Total Liabilities )
Fifth Factor
 = 
0.99 * (
Revenue
/
Total Assets )

LCI Industries Z Score Driver Correlations

Understanding the fundamental principles of building solid financial models for LCI Industries is extremely important. It helps to project a fair market value of Ford stock properly, considering its historical fundamentals such as Z Score. Since LCI Industries' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of LCI Industries' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of LCI Industries' interrelated accounts and indicators.
To calculate Z-Score one would need to know current working capital of the company, its total assets, and liabilities, amount of latest retained earnings as well as earnings before interest and tax. Z-Score can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area' with scores of less than 1, indicating the high probability of distress. Z Score is used widely by financial auditors, accountants, money managers, loan processers, wealth advisers, as well as day traders. In the last 25 years, many financial models that utilize z score has been proved to be successful as a predictor of corporate bankruptcy.
Compare to competition

Based on the company's disclosures, LCI Industries has a Z Score of 11.89. This is 268.11% higher than that of the Auto Components sector and 105.71% higher than that of the Consumer Discretionary industry. The z score for all United States stocks is 36.35% lower than that of the firm.

LCI Industries Z Score Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses LCI Industries' direct or indirect competition against its Z Score to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of LCI Industries could also be used in its relative valuation, which is a method of valuing LCI Industries by comparing valuation metrics of similar companies.
LCI Industries is currently under evaluation in z score category among related companies.

LCI Industries Current Valuation Drivers

We derive many important indicators used in calculating different scores of LCI Industries from analyzing LCI Industries' financial statements. These drivers represent accounts that assess LCI Industries' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of LCI Industries' important valuation drivers and their relationship over time.
201720182019202020212022 (projected)
Net Income Per Employee13.49 K14.48 K13.95 K12.74 K20.7 K22.34 K
Revenue Per Employee218 K241.31 K225.85 K224.88 K321.78 K260.4 K
Average Assets919.77 M1.22 B1.6 B2.3 B3.24 B3.49 B
Earnings Before Interest Taxes and Depreciation Amortization EBITDA249.12 M245.05 M251.81 M283.04 M463.17 M499.73 M
Earnings Before Interest Taxes and Depreciation Amortization USD269.01 M266.31 M275.57 M320.91 M510.73 M551.05 M
Earnings before Tax212.84 M192.35 M191.41 M209.48 M382.04 M412.21 M
Average Equity626.01 M708.47 M768.97 M908.33 M1.08 B896.75 M
Enterprise Value3.27 B1.91 B2.99 B3.93 B5.13 B5.53 B
Free Cash Flow65.48 M36.78 M211.32 M174.05 M(210.11 M)(215.64 M)
Invested Capital533.4 M989 M1.6 B1.8 B3.01 B3.25 B
Invested Capital Average499.66 M915.31 M1.33 B1.8 B2.88 B3.11 B
Market Capitalization3.24 B1.68 B2.68 B3.26 B3.94 B3.26 B
Tangible Asset Value691.54 M887.38 M1.17 B1.42 B2.22 B2.4 B
Working Capital235.07 M349.07 M399.53 M453.41 M939.67 M1.01 B

LCI Industries Institutional Holders

Institutional Holdings refers to the ownership stake in LCI Industries that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of LCI Industries' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing LCI Industries' value.
Security TypeSharesValue
Zurich Insurance Group LtdCommon Shares10.8 K1.2 M
Zurich Insurance Group LtdCommon Shares10.8 K992 K
Zurich Insurance Group LtdCommon Shares10.8 K972 K
Zurich Insurance Group LtdCommon Shares10.8 K830 K
Zurich Insurance Group LtdCommon Shares10.8 K721 K
Zurich Insurance Group LtdCommon Shares10.8 K894 K
Zurich Insurance Group LtdCommon Shares10.8 K974 K
Zurcher Kantonalbank Zurich CantonalbankDebt700 K600 K

LCI Industries Fundamentals

About LCI Industries Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze LCI Industries's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of LCI Industries using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of LCI Industries based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
LCI Industries, together with its subsidiaries, manufactures and supplies components for the manufacturers of recreational vehicles and adjacent industries in the United States and internationally. LCI Industries was incorporated in 1984 and is based in Elkhart, Indiana. LCI Industries operates under Recreational Vehicles classification in the United States and is traded on New York Stock Exchange. It employs 13900 people.

Be your own money manager

Our tools can tell you how much better you can do entering a position in LCI Industries without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Portfolio Rebalancing Now

   

Portfolio Rebalancing

Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
All  Next Launch Module

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as LCI Industries using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

Build Optimal Portfolios

Align your risk with return expectations

Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Additionally, see LCI Industries Piotroski F Score and LCI Industries Valuation analysis. You can also try Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.

Complementary Tools for analysis

When running LCI Industries price analysis, check to measure LCI Industries' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy LCI Industries is operating at the current time. Most of LCI Industries' value examination focuses on studying past and present price action to predict the probability of LCI Industries' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move LCI Industries' price. Additionally, you may evaluate how the addition of LCI Industries to your portfolios can decrease your overall portfolio volatility.
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Go
Equity Valuation
Check real value of public entities based on technical and fundamental data
Go
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Go
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Go
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Go
Probability Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Go
Is LCI Industries' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of LCI Industries. If investors know LCI Industries will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about LCI Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
(0.036) 
Market Capitalization
2.6 B
Quarterly Revenue Growth YOY
(0.029) 
Return On Assets
0.14
Return On Equity
0.4
The market value of LCI Industries is measured differently than its book value, which is the value of LCI Industries that is recorded on the company's balance sheet. Investors also form their own opinion of LCI Industries' value that differs from its market value or its book value, called intrinsic value, which is LCI Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because LCI Industries' market value can be influenced by many factors that don't directly affect LCI Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between LCI Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine LCI Industries value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, LCI Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.