Company Valuation: Lam Research Corporation

Data adjusted to current consolidation scope
Fiscal Period: June 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 60,793 86,271 139,220 124,330 474,079 250,384 - -
Change - 41.91% 61.38% -10.69% 281.31% -47.19% - -
Enterprise Value (EV) 1 62,141 85,908 138,355 122,424 472,234 243,895 239,031 232,841
Change - 38.25% 61.05% -11.51% 285.74% -48.35% -1.99% -2.59%
P/E 13.4x 19.3x 36.7x 23.4x 65.8x 20.9x 16.3x 13.9x
PBR 9.56x 10.4x 16.3x 12.5x 38x 14x 9.86x 6.86x
PEG - 13.74x -2.9x 0.5x 1.7x 0.3x 0.6x 0.8x
Capitalization / Revenue 3.53x 4.95x 9.34x 6.74x 20.4x 7.07x 5.88x 5.13x
EV / Revenue 3.61x 4.93x 9.28x 6.64x 20.3x 6.89x 5.61x 4.77x
EV / EBITDA 10.8x 15.1x 28.4x 19.3x 53.9x 16.5x 13.1x 11.1x
EV / EBIT 11.5x 16x 30.7x 20.6x 56.8x 17x 13.5x 11.4x
EV / FCF 24.3x 18.4x 32.5x 22.6x 96.5x 23.3x 19.1x 15.2x
FCF Yield 4.11% 5.44% 3.08% 4.42% 1.04% 4.3% 5.25% 6.56%
Dividend per Share 2 0.6 0.69 0.8 0.92 1.04 1.263 1.366 1.492
Rate of return 1.37% 1.07% 0.75% 0.95% 0.27% 0.63% 0.68% 0.74%
EPS 2 3.275 3.321 2.9 4.15 5.76 9.569 12.29 14.44
Distribution rate 18.3% 20.8% 27.6% 22.2% 18.1% 13.2% 11.1% 10.3%
Net sales 1 17,227 17,429 14,905 18,436 23,233 35,395 42,600 48,775
EBITDA 1 5,732 5,698 4,872 6,343 8,762 14,753 18,242 20,935
EBIT 1 5,398 5,355 4,513 5,957 8,320 14,367 17,745 20,463
Net income 1 4,605 4,511 3,828 5,358 7,265 11,964 15,339 17,835
Net Debt 1 1,348 -363.2 -864.5 -1,906 -1,845 -6,489 -11,353 -17,543
Reference price 2 43.83 64.22 106.48 97.20 379.09 200.44 200.44 200.44
Nbr of stocks (in thousands) 1,387,150 1,343,405 1,307,410 1,279,118 1,250,571 1,249,171 - -
Announcement Date 27/07/22 26/07/23 31/07/24 30/07/25 29/07/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
19.35x6.35x15.24x0.68% 231B
29.94x10.42x23.65x0.75% 536B
24.26x7.32x21.2x0.62% 253B
22.84x9.16x18.71x0.73% 169B
28.83x11.03x20.35x0.34% 135B
23.51x5.54x16.13x2.07% 125B
27.25x3.24x14.57x2.06% 76.11B
58.89x8.32x44.09x0.16% 61.2B
47.95x14.47x72.7x0.2% 36.47B
26.74x6.9x17.79x0.67% 34.82B
Average 30.95x 8.28x 26.44x 0.83% 165.91B
Weighted average by Cap. 27.57x 8.54x 22.06x 0.81%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Lam Research Corporation

Historical PBR trend

Valuation ratios - PBR - Lam Research Corporation

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Lam Research Corporation

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Lam Research Corporation


Year-on-year evolution of the Yield

Valuation ratios - Yield - Lam Research Corporation
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