Lam Research Corp 1LRCX

Morningstar Rating
€229.80 +2.05 (0.90%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

1LRCX is trading at a LOCK|$^g%h premium.
Price
€227.75
Fair Value
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Uncertainty
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1-Star Price
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5-Star Price
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Economic Moat
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Capital Allocation
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Trading Information

Previous Close Price
€227.75
Day Range
€222.05–233.85
52-Week Range
€119.20–380.05
Bid/Ask
€0.00 / €0.00
Shares Outstanding
1.25B
Market Cap
$287.58B
Volume/Avg
201 / 169

Key Statistics

Price/Earnings (Normalized)
39.19
Price/Sales
12.74
Dividend Yield (Trailing)
0.42%
Dividend Yield (Forward)
0.52%
Dividend Payment Schedule
Jan, Apr, Jul, Oct
Total Yield
1.59%

Company Profile

Lam Research is one of the largest semiconductor wafer fabrication equipment manufacturers in the world. It specializes in deposition and etch, which entail the buildup of layers on a semiconductor and the subsequent selective removal of patterns from each layer. Lam holds the top market share in etch and holds the clear second share in deposition. It is more exposed to memory chipmakers for DRAM and NAND chips. It counts as top customers the largest chipmakers in the world, including TSMC, Samsung, Intel, and Micron.
Sector
Technology
Industry
Semiconductor Equipment & Materials
Stock Style Box
Large Growth
Total Number of Employees
24,300

Competitors

Valuation

Metric
1LRCX
KLAC
AMAT
Price/Earnings (Normalized)
39.1942.2738.09
Price/Book Value
23.2431.7612.88
Price/Sales
12.7414.4110.78
Price/Cash Flow
36.8534.6936.87
Price/Earnings
1LRCX
KLAC
AMAT

Financial Strength

Metric
1LRCX
KLAC
AMAT
Quick Ratio
1.791.881.67
Current Ratio
2.482.882.42
Interest Coverage
64.0620.0933.00
Quick Ratio
1LRCX
KLAC
AMAT

Profitability

Metric
1LRCX
KLAC
AMAT
Return on Assets (Normalized)
37.28%29.54%22.69%
Return on Equity (Normalized)
74.15%90.75%39.18%
Return on Invested Capital (Normalized)
54.67%43.62%25.01%
Return on Assets
1LRCX
KLAC
AMAT

Semiconductor Equipment & Materials Industry Comparables

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Name
Price
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
ASML Holding NV
ASMLF
LOCK|>^JYdg#LOCK|s^d$639B
ASML Holding NV ADR
ASML
LOCK|s$vtP<?LOCK|?d$639B
Applied Materials Inc
AMAT
LOCK|%%C%X%>LOCK|@$$335B
Lam Research Corp
LRCX
LOCK|?LsRpK!tLOCK|tT$318B
KLA Corp
KLAC
LOCK|^&@fY<SLOCK|&?<$218B
Advantest Corp ADR
ATEYY
—LOCK|yc$169B
Advantest Corp
ADTTF
—LOCK|^>#$169B
Teradyne Inc
TER
LOCK|y%xM>cwLOCK|q%$46B
Qnity Electronics Inc
Q
LOCK|$^!>>rLOCK|PZtBr$26B
Entegris Inc
ENTG
LOCK|X%rj%>LOCK|P$$24B

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