StockCV
Littelfuse Inc logo

Littelfuse Inc

Switchgear & Switchboard Apparatus

$426.50
+0.28%
Market cap $10.8B

Littelfuse is a supplier of circuit protection products (such as fuses and relays) for the transportation, industrial, telecommunications, and consumer electronics end markets. Littelfuse also holds a minority power semiconductor business, primarily serving high-voltage industrial applications.

It is a $10.8B technology company. Revenue grew 15.4% over the last year, it currently loses money, and its net debt equals ~0.3 years of free cash flow.

Location
Rosemont, IL
Employees
17 000
Sector
Technology
Founded
1938

Skills

Six independent scores, 0–100, built from reported numbers and valuation history. Click a row to see how it was scored.

Valuation32Growth6Profitability5Health48Quality65Moat49

Valuation, Growth, Profitability, Health and Moat lag behind.

Valuation32
  • P/E vs own history98th pct · 0/25
  • FCF yield4.1% · 12/25
  • P/S4.1x · 20/25
  • EV/EBITDA68.9x · 0/25
Growth6
  • Revenue CAGR3.5% · 6/25
  • Net income CAGRn/a · 0/25
  • EPS CAGR ~5Yn/a · 0/25
  • Fwd implied growth-27.9% · 0/25
Profitability5
  • ROIC-2.8% · 0/25
  • ROE-0.3% · 0/25
  • Net margin-0.3% · 0/25
  • Operating margin3.6% · 5/25
Health48
  • Altman Zn/a · 0/25
  • Current ratio2.76 · 25/25
  • Interest coverage1.1x · 3/25
  • Net cash / debtD/A 4% · 20/25
Quality65
  • Piotroski F6/9 · 15/25
  • Beneish M-3.07 · 25/25
  • FCF conversion-5512% · 0/25
  • Margin stabilityσ 3.9% · 25/25
Moat49
  • ROIC >12% years3/10 yrs · 6/25
  • Median gross margin38.0% · 13/25
  • FCF-positive years10/10 yrs · 25/25
  • Worst-year net marginworst -3.0% · 5/25

How the scores work →

Experience

The company's career so far — founding, the IPO, landmark products and acquisitions, plus revenue milestones and insider buying.

  1. FY2022Financial
    Best year on record
    $373M net income
  2. FY2020Financial
    Became debt-free
    cash now exceeds total debt
  3. FY2016Financial
    First recorded profitable year
    $104M net income
  4. FY2016Financial
    Revenue already above $1B
    $1.06B in first reported year
  5. FY2016Financial
    Positive free cash flow every year since
    10-year streak
  6. 2013Acquisition
    With the acquisition of Hamlin, Inc. in 2013, Littelfuse expanded its product offering to include sensors for the…
  7. 2008Milestone
    Littelfuse restructured its manufacturing operations, closing 16 small manufacturing plants and opening 6…
  8. 1991Milestone
    Tracor filed for bankruptcy in 1991 and spun off Littelfuse
  9. 1987Acquisition
    Westmark Systems purchased Tracor and its Littelfuse subsidiary in a leveraged buyout
  10. 1976Product
    Littelfuse developed Autofuse, which was the first blade-type fuse used in automobiles
  11. 1974Product
    The company also introduced Littelites, electronic indicator lights used in industrial and office…
  12. 1968Acquisition
    Tracor purchased the company in 1968
  13. 1962Milestone
    Littelfuse became a public company in 1962
  14. 1938Founded
    Littelfuse was incorporated and renamed Littelfuse, Inc. in 1938

Achievements

Verifiable track record, straight from the reported numbers.

$10 000 invested in 2021 would be worth ~$15 039 today — price return only
$2.4B revenue in FY2025
Revenue up 15.4% year over year
Positive free cash flow 10 years in a row
17 000 employees

Strengths & watch-outs

What a bull and a bear would each point to. Both lists come from the reported numbers, not opinions.

Strengths

  • Revenue growing 15.4% year over year
  • Strong cash conversion — FCF is 17.0% of revenue

Watch-outs

  • Not profitable — 0.3% net margin
  • Thin interest coverage (1.1×)
  • Loss-making in 1 of the recent years

Qualifications

The basics a company should meet before you research it further. Each check uses the reported numbers.

8 of 11 checks passed
  • Revenue growing+15.4% YoY
  • Profitable-$8.06M TTM
  • Profit growing-171.6% YoY
  • Generates cash$444M TTM
  • Debt under control~0.3y of cash flow to repay
  • Established company$10.8B market cap
  • Not printing shares+0.9% shares over ~5y
  • Proven track record9/10 profitable years
  • Financially stablehealth score 28/100
  • Pays a dividendyield 0.69%
  • Valuation not extremeP/E 15.7
Peer comparisonLittelfuse Inc vs 6 largest technology peers — cap, P/E, growth and margin side by sideOpen ▾
CompanyMarket capP/ERevenue growthNet marginProfile
LFUS this company$10.8B15.7+15.4%-0.3%Strained
NVDA Nvidia Corp$5.5T28.6+83.4%63.7%Mixed
AAPL Apple Inc.$4.9T38.1+14.2%27.6%Strong
GOOGL Alphabet Inc.$4.3T17.6+20.1%54.8%Mixed
MSFT Microsoft Corp$4.0T29.7+17.8%40.3%Strong
SPCX Space Exploration Technologies Corp.$2.1T—+33.2%-34.0%Strained
META Meta Platforms, Inc.$1.8T26.9+27.7%29.8%Mixed

Head-to-head: LFUS vs NVDA · LFUS vs AAPL · LFUS vs GOOGL

References

What covering analysts publish about the company — information only, not a recommendation.

Strong buy 4Buy 4Hold 2

Appendix · Financial records

The full statements behind this CV, FY2016–FY2025. For readers who want to check the numbers.

Want the live picture — intraday moves, valuation history and full analysis?

Deeper analysis of LFUS on PreMarketPrice

Figures are derived from company filings (quarterly values normalised from as-filed year-to-date data where applicable) and may be delayed, restated or incomplete. This page is information, not investment advice. Latest price $426.50 · market cap $10.8B.