Littelfuse (LFUS) AI Stock Analysis

• Market Cap: $5.34B
• Dividend Yield: 1.29%
• Average Volume (3M): 190.33K
• Price to Earnings (P/E): 50.1
• Beta (1Y): 1.64
• Revenue Growth: -3.43%
• EPS Growth: -50.48%
• Country: US
• Employees: 16,000
• Sector: Technology
• Sector Strength: 78
• Industry: Hardware, Equipment & Parts
• EPS (TTM): 2.19
• Shares Outstanding: 24,715,117
• 10 Day Avg. Volume: 183,479
• 30 Day Avg. Volume: 190,332
• PEG Ratio: -2.34
• Price to Book (P/B): 3.15
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 25.73
• Enterprise Value/Market Cap: 1.48
• Enterprise Value/Revenue: 0.90
• Enterprise Value/Gross Profit: 9.85
• Enterprise Value/Ebitda: 5.34
• 1Y Price Target: $243.00
• Price Target Upside: 12.42% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 3

• Rating: 72 Outperform
• Price Target: $236.00 ▲(9.18%Upside)

Littelfuse scores a 72, reflecting stable financial performance and strong earnings call outcomes. The stock's technical indicators point to potential upward momentum, albeit with caution due to overvaluation concerns. Corporate events like the new CFO appointment add strategic value but are consistent with ongoing performance improvements.

Positive Factors

Financial Performance

First quarter revenue of $554.3M was about 3% above the $540M consensus view with earnings of $2.19 beating the $1.81 expectation by 21%.

Leadership and Strategy

The new CFO, Abhi Khandelwal, brings deep M&A expertise, having led or supported more than ten transactions, which is expected to help refine the company's inorganic growth strategy.

Operational Performance

Strong OM performance as leverage returns, with year-over-year operating income dollars growing 28% on a modest 3.6% sales increase, equating to a 100% incremental operating margin.

Negative Factors

Market Conditions

The macro uncertainty is challenging visibility for the second half of the year.

Littelfuse Business Overview & Revenue Model

Company Description

Littelfuse, Inc. manufactures and sells circuit protection, power control, and sensing products in the Asia-Pacific, the Americas, and Europe. The company's Electronics segment offers fuses and fuse accessories, positive temperature coefficient resettable fuses, polymer electrostatic discharge suppressors, varistors, reed switch based magnetic sensing products, and gas discharge tubes; and discrete transient voltage suppressor (TVS) diodes, TVS diode arrays, protection and switching thyristors, metal-oxide-semiconductor field-effect transistors and diodes, and insulated gate bipolar transistors. This segment serves industrial motor drives and power conversion, automotive electronics, electric vehicle and related infrastructure, power supplies, data centers, telecommunications, medical devices, alternative energy, building and home automation, appliances, and mobile electronics markets. Its Transportation segment provides blade, resettable, and high-current and high-voltage fuses, as well as battery cable protectors for hybrid and electric vehicles; fuses, switches, relays, circuit breakers, and power distribution modules for the commercial vehicles; and sensor products. This segment serves original equipment manufacturers, Tier-I suppliers, and parts distributors in the passenger car, heavy duty truck, off-road vehicles, material handling, agricultural, construction, and other commercial vehicle end markets. The company's Industrial segment offers industrial fuses, protection relays, contactors, transformers, and temperature sensors for use in renewable energy and energy storage systems, electric vehicle infrastructure, HVAC systems, industrial safety, non-residential construction, MRO, mining, and industrial automation. It sells its products through distributors, direct sales force, and manufacturers' representatives. Littelfuse, Inc. was founded in 1927 and is headquartered in Chicago, Illinois.

How the Company Makes Money

Littelfuse generates revenue primarily through the sale of its comprehensive range of electrical components and solutions. Key revenue streams include the manufacture and distribution of fuses, sensors, and semiconductors which are critical for circuit protection and power management in various applications. The company also engages in strategic partnerships and acquisitions to expand its market reach and product offerings, enhancing its ability to serve diverse customer needs across the automotive, industrial, and electronics sectors. Additionally, Littelfuse benefits from long-term supply agreements with major OEMs and distributors, ensuring a steady demand for its products.

Littelfuse Financial Statement Overview

Summary

Littelfuse presents a stable financial condition with a strong balance sheet, healthy cash flows, and moderate profitability metrics. The company maintains low leverage and strong equity, ensuring financial flexibility. While revenue growth is modest, the margins suggest operational efficiency, though there is room for improvement in profitability.

Income Statement

Littelfuse shows a mixed performance in its income statement. The Gross Profit Margin is healthy at 36.42% for TTM, indicating efficiency in production and sales processes. However, the Net Profit Margin has declined to 4.31% TTM compared to previous years, reflecting potential challenges in cost control or increased expenses. Revenue for the TTM period shows slight growth of 0.86% compared to the previous year, suggesting a stable yet slow growth trajectory. EBIT and EBITDA margins stand at 8.11% and 13.22% respectively, highlighting moderate operational profitability.

Balance Sheet

The balance sheet exhibits a strong financial position with a Debt-to-Equity Ratio of 0.04, indicating low financial leverage and reduced risk associated with debt. The Return on Equity is 3.88% for TTM, showing a slight decrease but still positive. The Equity Ratio is robust at 63.18%, denoting a strong equity base compared to liabilities and assets. Overall, the company maintains a solid balance sheet with low debt levels and significant equity.

Cash Flow

Cash flow analysis reflects a stable cash generation capability. Free Cash Flow has shown marginal growth of 0.36% in TTM, indicating efficient capital expenditure and cash management. The Operating Cash Flow to Net Income Ratio is high at 3.95, demonstrating strong operational cash flow relative to net income. The Free Cash Flow to Net Income Ratio is also commendable at 3.07, highlighting healthy free cash flow generation in relation to earnings.

Breakdown
TTM	Dec 2024	Dec 2023	Dec 2022	Mar 2022	Dec 2020
Income Statement		Total Revenue
2.21B	2.19B	2.36B	2.51B	2.08B	1.45B
	Gross Profit
804.74M	787.54M	900.24M	1.01B	771.93M	501.17M
	EBIT
179.23M	158.78M	378.36M	500.83M	385.64M	162.37M
	EBITDA
323.57M	325.86M	503.61M	589.87M	458.19M	278.51M
	Net Income Common Stockholders
95.31M	100.19M	259.49M	373.31M	283.81M	129.99M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
619.67M	725.90M	555.75M	562.67M	478.50M	687.58M
	Total Assets
3.89B	3.89B	4.00B	3.90B	3.15B	2.75B
	Total Debt
888.52M	930.57M	933.52M	1.05B	659.20M	699.98M
	Net Debt
269.84M	205.65M	378.00M	484.57M	180.73M	12.46M
	Total Liabilities
1.43B	1.48B	1.51B	1.69B	1.26B	1.14B
	Stockholders Equity
2.46B	2.41B	2.48B	2.21B	1.89B	1.61B
Cash Flow		Free Cash Flow
292.80M	291.74M	371.20M	315.38M	282.78M	201.84M
	Operating Cash Flow
376.23M	367.62M	457.39M	419.72M	373.34M	258.03M
	Investing Cash Flow
-137.81M	-65.78M	-284.32M	-636.40M	-499.16M	-51.43M
	Financing Cash Flow
-175.95M	-112.44M	-185.73M	310.20M	-68.98M	-67.81M

Littelfuse Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 216.15
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For LFUS, the sentiment is Neutral. The current price of 216.15 is above the 20-day moving average (MA) of 214.27, above the 50-day MA of 191.79, and below the 200-day MA of 228.11, indicating a neutral trend. The MACD of 6.66 indicates Negative momentum. The RSI at 54.90 is Neutral, neither overbought nor oversold. The STOCH value of 74.73 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for LFUS.

Littelfuse Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
PLXS	75 Outperform	$3.53B	25.31	10.93%	―	-0.69%	42.26%
VNT	75 Outperform	$5.25B	14.46	35.88%	0.28%	-3.59%	-11.30%
ESE	74 Outperform	$4.75B	40.31	9.66%	0.17%	8.40%	20.03%
MKSI	74 Outperform	$5.99B	26.63	9.50%	0.98%	-1.14%	―
LFUS	72 Outperform	$5.34B	50.13	4.39%	1.29%	-3.43%	-50.48%
CGNX	70 Neutral	$5.06B	44.09	8.02%	1.06%	8.56%	18.99%
Sector *	62 Neutral	$11.80B	10.08	-7.46%	2.99%	7.37%	-8.21%

Littelfuse Corporate Events

Littelfuse Announces New CFO Appointment

On May 27, 2025, Littelfuse, Inc. announced the appointment of Abhishek Khandelwal as Executive Vice President and Chief Financial Officer, effective June 18, 2025. Khandelwal, who brings over 20 years of financial and operational experience, previously held CFO roles at IDEX Corporation, Multi-Color Corporation, and CIRCOR International. This leadership change is expected to enhance Littelfuse’s strategic focus and operational scale, benefiting customers, employees, and shareholders. Current CFO Meenal Sethna will remain with the company to ensure a smooth transition.

The most recent analyst rating on (LFUS) stock is a Buy with a $310.00 price target. To see the full list of analyst forecasts on Littelfuse stock, see the LFUS Stock Forecast page.

Littelfuse Reports Strong Q1 2025 Financial Results

Littelfuse reported its first quarter financial results for 2025, highlighting a net sales increase to $554 million, a 3.5% rise year-over-year, with organic growth contributing 2.9%. The company achieved a GAAP diluted EPS of $1.75 and an adjusted diluted EPS of $2.19, marking a 24% increase. Free cash flow was $43 million, with a cash conversion rate of 98%, and $45 million was returned to shareholders through dividends and share repurchases. The company experienced strong demand recovery in its Electronics Segment and robust growth in its Industrial Segment, leading to improved bookings and expanded operating margins. Looking ahead to the second quarter, Littelfuse expects net sales between $565 and $595 million and adjusted diluted EPS ranging from $2.10 to $2.40.

Littelfuse Approves New Executive Award Agreements

On April 24, 2025, Littelfuse, Inc. announced the approval of new forms of award agreements for executive officers under its Long-Term Incentive Plans, which include updates for dividend equivalent rights and format changes. Additionally, the company held its 2025 Annual Meeting of Stockholders, where eight directors were elected, executive compensation was approved on an advisory basis, and Deloitte & Touche LLP was ratified as the independent auditor for the fiscal year.

Littelfuse CFO Meenal Sethna Announces Departure

On April 8, 2025, Littelfuse announced that Meenal Sethna, the Executive Vice President and Chief Financial Officer, will step down from her role effective September 1, 2025, after ten years of leadership. Her departure is not due to any disagreements with the company, and a formal search for her successor has begun. The company has outlined a transition plan to ensure a smooth handover, and Ms. Sethna will receive severance benefits as part of her separation agreement. This leadership change is expected to maintain Littelfuse’s strategic direction and financial strength, positioning the company for continued growth and profitability.