Lumentum (LITE) Stock Analysis
This is a peer-relative look at Lumentum (LITE): its performance, risk, profitability, growth, financial strength, dividend, and valuation are each measured against its Technology Hardware & Equipment peers, so every number reads in context rather than in isolation.
Company Profile
| Profile Item | LITE |
|---|---|
| Name | Lumentum Holdings Inc. |
| Country/Region | United States |
| GICS Sector | Information Technology |
| GICS Industry Group | Technology Hardware & Equipment |
| GICS Industry | Communications Equipment |
| GICS Sub-Industry | Communications Equipment |
| Market Capitalization | 48.84 billion USD |
| Currency | USD |
| Exchange | Nasdaq |
| Listing Date | July 23, 2015 |
| Security Type | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | Current stock: LITE | Industry group median |
|---|---|---|
| Total Return (1Y) | 150.31% | 19.81% |
| Total Return (3Y, Annualized) | 147.76% | 26.50% |
| Total Return (5Y, Annualized) | 45.47% | 9.52% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | Current stock: LITE | Industry group median |
|---|---|---|
| Volatility (1Y, Annualized) | 101.27% | 55.75% |
| Beta (5Y) | 1.73 | 1.39 |
| Max Drawdown (5Y) | -66.48% | -58.83% |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | Current stock: LITE | Industry group median |
|---|---|---|
| Sharpe Ratio (1Y) | 1.44 | 0.28 |
| Sortino Ratio (1Y) | 2.14 | 0.40 |
Profitability
ROE (TTM)
Lumentum (LITE) has negative ROE of -245.79%. That can come from trailing losses or negative book equity, so it is a warning state rather than a clean capital-efficiency measure.
LITE
Technology Hardware & Equipment industry group
-245.79%
Group distribution
- Max
- 42.47%
- Q3
- 19.13%
- Median
- 11.00%
- Q1
- 1.63%
- Min
- -20.62%
- LITE
- -245.79%
Largest peers
- AAPL
- 142.26%
- SNDK
- 141.17%
- APH
- 40.08%
- ANET
- 33.52%
- CSCO
- 27.32%
- LITE
- -245.79%
- DELL
- --
Net Margin (TTM)
Lumentum (LITE) has negative net margin of -175.78%. The trailing period ended in a net loss, so the bottom-line conversion read is a warning rather than a profitability strength.
LITE
Technology Hardware & Equipment industry group
-175.78%
Group distribution
- Max
- 27.60%
- Q3
- 11.66%
- Median
- 4.08%
- Q1
- 0.00%
- Min
- -11.02%
- LITE
- -175.78%
Largest peers
- SNDK
- 67.04%
- ANET
- 39.97%
- AAPL
- 27.60%
- CSCO
- 20.95%
- APH
- 17.95%
- DELL
- 7.53%
- LITE
- -175.78%
Operating Margin (TTM)
Lumentum (LITE) turns 27.95% of revenue into operating profit, putting operating margin in the upper peer quartile. Before financing and taxes enter the picture, the day-to-day business keeps more of each sales dollar than most industry peers.
LITE
Technology Hardware & Equipment industry group
27.95%
Group distribution
- Max
- 36.27%
- LITE
- 27.95%
- Q3
- 18.36%
- Median
- 8.84%
- Q1
- 1.46%
- Min
- -21.39%
Largest peers
- SNDK
- 79.59%
- ANET
- 44.90%
- AAPL
- 31.13%
- APH
- 29.68%
- LITE
- 27.95%
- CSCO
- 27.72%
- DELL
- 12.02%
Profitability Metrics
| Metric | Current stock: LITE | Industry group median |
|---|---|---|
| ROE (TTM) | -245.79% | 11.00% |
| ROA (TTM) | 9.19% | 4.78% |
| Net Margin (TTM) | -175.78% | 4.08% |
| Operating Margin (TTM) | 27.95% | 8.84% |
| Gross Margin (TTM) | 47.98% | 39.87% |
Growth
Revenue Growth
Lumentum (LITE) grew revenue 83.22%, above the industry benchmark range. Demand is expanding faster than at any typical peer, though growth that far ahead of the group is worth checking for acquisitions or other one-off contributions.
EPS Growth
Lumentum (LITE) grew earnings per share -25,224.32%, below the industry benchmark range. Per-share profits are trailing virtually every peer, which can point to margin pressure, one-off charges, or dilution.
Growth Metrics
| Metric | Current stock: LITE | Industry group median |
|---|---|---|
| Revenue Growth (YoY) | 83.22% | 10.87% |
| Revenue Growth (3Y CAGR) | 19.48% | 2.79% |
| EPS Growth (YoY) | -25,224.32% | 14.29% |
| EPS Growth (3Y CAGR) | -- | 3.49% |
Financial Strength
Current Ratio (MRQ)
Lumentum (LITE) has current ratio of 1.61, in the healthier middle range for its industry. The short-term asset cushion looks balanced relative to peers rather than stretched thin.
LITE
Technology Hardware & Equipment industry group
1.61
Group distribution
- Max
- 5.34
- Q3
- 3.02
- Median
- 1.95
- LITE
- 1.61
- Q1
- 1.32
- Min
- 0.17
Largest peers
- ANET
- 3.29
- SNDK
- 2.58
- APH
- 1.94
- LITE
- 1.61
- AAPL
- 1.02
- DELL
- 0.96
- CSCO
- 0.93
Debt / Equity (MRQ)
Lumentum (LITE) has debt-to-equity ratio of 0.31, roughly in line with the peer group’s normal leverage range. Its mix of debt and equity looks typical for the industry.
LITE
Technology Hardware & Equipment industry group
0.31
Group distribution
- Max
- 1.76
- Q3
- 0.78
- LITE
- 0.31
- Median
- 0.24
- Q1
- 0.04
- Min
- 0.01
Largest peers
- APH
- 1.03
- AAPL
- 0.84
- CSCO
- 0.62
- LITE
- 0.31
- SNDK
- 0.01
- ANET
- --
- DELL
- --
Financial Strength Metrics
| Metric | Current stock: LITE | Industry group median |
|---|---|---|
| Current Ratio (MRQ) | 1.61 | 1.95 |
| Debt / Equity (MRQ) | 0.31 | 0.24 |
| Net Debt / EBITDA | -0.48 | 0.16 |
Dividends
Dividend Yield (TTM)
Lumentum (LITE) pays no dividend, leaving dividend yield at 0.00% this period. Shareholders may still receive value through reinvestment or buybacks, but there is no dividend income to compare here.
LITE
Technology Hardware & Equipment industry group
0.00%
Group distribution
- Max
- 0.73%
- Q3
- 0.31%
- LITE
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Largest peers
- CSCO
- 1.73%
- DELL
- 0.73%
- APH
- 0.70%
- AAPL
- 0.31%
- LITE
- 0.00%
- ANET
- 0.00%
- SNDK
- 0.00%
Dividend Payout Ratio (TTM)
Lumentum (LITE) paid no earnings out as dividends this period, leaving payout ratio at 0.00%. There is no dividend payout to size against earnings.
LITE
Technology Hardware & Equipment industry group
0.00%
Group distribution
- Max
- 32.27%
- Q3
- 14.48%
- LITE
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Largest peers
- CSCO
- 49.85%
- APH
- 21.74%
- DELL
- 13.43%
- AAPL
- 11.80%
- LITE
- 0.00%
- ANET
- 0.00%
- SNDK
- 0.00%
Dividend Metrics
| Metric | Current stock: LITE | Industry group median |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 0.00% |
| Dividend Payout Ratio (TTM) | 0.00% | 0.00% |
Valuation
P/E Ratio (TTM)
No usable P/E ratio is available for Lumentum (LITE) this period, so the trailing-earnings valuation read is skipped.
LITE
Technology Hardware & Equipment industry group
--
Group distribution
- Max
- 69.48
- Q3
- 41.02
- Median
- 26.39
- Q1
- 19.36
- Min
- 6.07
- LITE
- --
Largest peers
- ANET
- 45.79
- AAPL
- 38.13
- APH
- 32.43
- CSCO
- 28.18
- DELL
- 19.10
- SNDK
- 6.67
- LITE
- --
P/S Ratio (TTM)
Lumentum (LITE) trades at 13.05 on P/S ratio, above the industry benchmark range. The stock is being valued at an unusually rich price per dollar of trailing revenue.
LITE
Technology Hardware & Equipment industry group
13.05
Group distribution
- LITE
- 13.05
- Max
- 11.30
- Q3
- 5.82
- Median
- 2.56
- Q1
- 1.05
- Min
- 0.00
Largest peers
- ANET
- 18.15
- LITE
- 13.05
- AAPL
- 10.39
- CSCO
- 5.84
- APH
- 5.57
- SNDK
- 4.10
- DELL
- 1.38
P/B Ratio (MRQ)
Lumentum (LITE) trades at 10.67 on P/B ratio, in the higher book-value quartile. The market is paying a premium to book, so stronger ROE, cleaner assets, or a better growth profile need to justify it.
LITE
Technology Hardware & Equipment industry group
10.67
Group distribution
- Max
- 10.75
- LITE
- 10.67
- Q3
- 5.52
- Median
- 3.17
- Q1
- 1.79
- Min
- 0.33
Largest peers
- AAPL
- 44.39
- ANET
- 13.12
- APH
- 10.75
- LITE
- 10.67
- CSCO
- 7.36
- SNDK
- 6.63
- DELL
- -147.32
Valuation Metrics
| Metric | Current stock: LITE | Industry group median |
|---|---|---|
| P/E Ratio (TTM) | -- | 26.39 |
| P/S Ratio (TTM) | 13.05 | 2.56 |
| P/B Ratio (MRQ) | 10.67 | 3.17 |
| Free Cash Flow Yield (TTM) | 0.29% | 2.83% |