Financials La-Z-Boy Incorporated

Equities

LZB

US5053361078

Home Furnishings

Market Closed - Nyse 21:00:02 26/04/2024 BST 5-day change 1st Jan Change
33.11 USD -0.12% Intraday chart for La-Z-Boy Incorporated -1.25% -10.32%

Valuation

Fiscal Period: April 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 1,535 1,129 2,084 1,136 1,239 1,412 - -
Enterprise Value (EV) 1 1,535 1,129 2,084 1,136 1,239 1,412 1,412 1,412
P/E ratio 22.8 x 14.8 x 19.6 x 7.75 x 8.26 x 12.6 x 11.2 x 10.1 x
Yield 1.52% 2.2% 0.8% 2.4% - 2.3% 2.54% 2.78%
Capitalization / Revenue 0.88 x 0.66 x 1.2 x 0.48 x 0.53 x 0.7 x 0.68 x 0.66 x
EV / Revenue 0.88 x 0.66 x 1.2 x 0.48 x 0.53 x 0.7 x 0.68 x 0.66 x
EV / EBITDA 9.55 x 7.53 x 11 x 4.93 x 4.93 x 7.38 x 7.07 x 6.57 x
EV / FCF 15 x 9.55 x 7.66 x 469 x 9.09 x 14.6 x 13 x 10.7 x
FCF Yield 6.66% 10.5% 13% 0.21% 11% 6.84% 7.69% 9.33%
Price to Book 2.28 x 1.6 x 2.64 x 1.4 x 1.3 x 1.43 x 1.29 x 1.17 x
Nbr of stocks (in thousands) 46,659 46,033 46,297 43,222 43,140 42,640 - -
Reference price 2 32.90 24.52 45.02 26.28 28.73 33.11 33.11 33.11
Announcement Date 18/06/19 23/06/20 15/06/21 21/06/22 20/06/23 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: April 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 1,745 1,704 1,734 2,357 2,349 2,010 2,066 2,155
EBITDA 1 160.8 150 189.6 230.3 251.6 191.2 199.6 215
EBIT 1 129.7 118.8 156.6 206.8 211.4 137.9 162.8 178.5
Operating Margin 7.43% 6.97% 9.03% 8.77% 9% 6.86% 7.88% 8.28%
Earnings before Tax (EBT) 1 95.33 115.2 145.9 205.5 205.8 151.8 171.5 187.9
Net income 1 68.57 77.47 106.5 150 150.7 113.3 125.5 137.2
Net margin 3.93% 4.55% 6.14% 6.37% 6.41% 5.63% 6.07% 6.36%
EPS 2 1.440 1.660 2.300 3.390 3.480 2.620 2.967 3.265
Free Cash Flow 1 102.3 118.2 272 2.424 136.4 96.61 108.6 131.7
FCF margin 5.86% 6.94% 15.68% 0.1% 5.8% 4.81% 5.26% 6.11%
FCF Conversion (EBITDA) 63.62% 78.83% 143.43% 1.05% 54.19% 50.53% 54.42% 61.26%
FCF Conversion (Net income) 149.2% 152.59% 255.45% 1.62% 90.5% 85.3% 86.57% 96.01%
Dividend per Share 2 0.5000 0.5400 0.3600 0.6300 - 0.7600 0.8400 0.9200
Announcement Date 18/06/19 23/06/20 15/06/21 21/06/22 20/06/23 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: April 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2 2025 Q3 2025 Q4
Net sales 1 575.9 571.6 684.6 604.1 611.3 572.7 561.3 481.7 511.4 500.4 516.9 479.4 527.6 519.3 544.7
EBITDA 1 60.83 80.54 77.23 63.34 71.62 63.28 64.91 44.74 48.49 43.96 47.85 45 52 53 52
EBIT 1 54.11 39.49 78.78 52.64 61.88 42.84 54.07 34.53 33.61 32.56 37.21 33.17 41.67 43.42 44.57
Operating Margin 9.4% 6.91% 11.51% 8.71% 10.12% 7.48% 9.63% 7.17% 6.57% 6.51% 7.2% 6.92% 7.9% 8.36% 8.18%
Earnings before Tax (EBT) 1 55.01 38.67 77.73 53 63.08 43.65 46.05 38.02 37.66 35.94 40.98 35.88 44.77 46.47 47.51
Net income 1 39.52 28.47 57.47 38.49 46.08 31.73 34.37 27.48 27.2 28.64 29.95 25.91 32.59 34.3 34.76
Net margin 6.86% 4.98% 8.39% 6.37% 7.54% 5.54% 6.12% 5.71% 5.32% 5.72% 5.79% 5.4% 6.18% 6.61% 6.38%
EPS 2 0.8900 0.6500 1.330 0.8900 1.070 0.7400 0.7900 0.6400 0.6300 0.6600 0.7000 0.6000 0.7650 0.8050 0.8200
Dividend per Share 2 0.1500 0.1650 0.1650 0.1650 0.1650 0.1815 - - - - 0.2000 0.2000 0.2000 0.2200 0.2200
Announcement Date 16/11/21 15/02/22 21/06/22 23/08/22 30/11/22 21/02/23 20/06/23 22/08/23 29/11/23 20/02/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: April 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - - -
Net Cash position - - - - - - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 1 102 118 272 2.42 136 96.6 109 132
ROE (net income / shareholders' equity) 15.7% 11.2% 14.4% 18.9% 19.1% 12% 12.9% 13.2%
ROA (Net income/ Total Assets) 10.4% 6.21% 6.61% 8.07% 8.8% 6.3% 7.1% 7.5%
Assets 1 659.9 1,247 1,611 1,859 1,713 1,798 1,767 1,829
Book Value Per Share 2 14.40 15.30 17.10 18.80 22.00 23.20 25.60 28.30
Cash Flow per Share 2 3.180 3.510 6.680 1.780 4.740 3.350 4.320 5.120
Capex 1 48.4 46 38 76.6 68.8 55.5 60 65
Capex / Sales 2.77% 2.7% 2.19% 3.25% 2.93% 2.76% 2.9% 3.02%
Announcement Date 18/06/19 23/06/20 15/06/21 21/06/22 20/06/23 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
B-
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
3
Last Close Price
33.11 USD
Average target price
43 USD
Spread / Average Target
+29.87%
Consensus
  1. Stock Market
  2. Equities
  3. LZB Stock
  4. Financials La-Z-Boy Incorporated