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GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 7/10

vs
industry
vs
history
Cash to Debt 2.30
LRCX's Cash to Debt is ranked higher than
67% of the 1053 Companies
in the Global Semiconductor Equipment & Materials industry.

( Industry Median: 2.20 vs. LRCX: 2.30 )
LRCX' s 10-Year Cash to Debt Range
Min: 0.69   Max: No Debt
Current: 2.3

Equity to Asset 0.63
LRCX's Equity to Asset is ranked higher than
66% of the 1032 Companies
in the Global Semiconductor Equipment & Materials industry.

( Industry Median: 0.63 vs. LRCX: 0.63 )
LRCX' s 10-Year Equity to Asset Range
Min: 0.38   Max: 0.74
Current: 0.63

0.38
0.74
Interest Coverage 10.98
LRCX's Interest Coverage is ranked lower than
52% of the 600 Companies
in the Global Semiconductor Equipment & Materials industry.

( Industry Median: 767.50 vs. LRCX: 10.98 )
LRCX' s 10-Year Interest Coverage Range
Min: 1.95   Max: 597.88
Current: 10.98

1.95
597.88
F-Score: 8
Z-Score: 4.47
M-Score: -2.38
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 8/10

vs
industry
vs
history
Operating margin (%) 14.71
LRCX's Operating margin (%) is ranked higher than
89% of the 1046 Companies
in the Global Semiconductor Equipment & Materials industry.

( Industry Median: 3.97 vs. LRCX: 14.71 )
LRCX' s 10-Year Operating margin (%) Range
Min: -25.2   Max: 30.34
Current: 14.71

-25.2
30.34
Net-margin (%) 13.72
LRCX's Net-margin (%) is ranked higher than
89% of the 1046 Companies
in the Global Semiconductor Equipment & Materials industry.

( Industry Median: 2.77 vs. LRCX: 13.72 )
LRCX' s 10-Year Net-margin (%) Range
Min: -27.08   Max: 26.72
Current: 13.72

-27.08
26.72
ROE (%) 13.44
LRCX's ROE (%) is ranked higher than
87% of the 1042 Companies
in the Global Semiconductor Equipment & Materials industry.

( Industry Median: 3.73 vs. LRCX: 13.44 )
LRCX' s 10-Year ROE (%) Range
Min: -25.97   Max: 53.06
Current: 13.44

-25.97
53.06
ROA (%) 8.36
LRCX's ROA (%) is ranked higher than
87% of the 1054 Companies
in the Global Semiconductor Equipment & Materials industry.

( Industry Median: 2.02 vs. LRCX: 8.36 )
LRCX' s 10-Year ROA (%) Range
Min: -13.67   Max: 30.97
Current: 8.36

-13.67
30.97
ROC (Joel Greenblatt) (%) 58.01
LRCX's ROC (Joel Greenblatt) (%) is ranked higher than
94% of the 1054 Companies
in the Global Semiconductor Equipment & Materials industry.

( Industry Median: 5.90 vs. LRCX: 58.01 )
LRCX' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: -57.17   Max: 479.37
Current: 58.01

-57.17
479.37
Revenue Growth (%) 0.60
LRCX's Revenue Growth (%) is ranked higher than
76% of the 749 Companies
in the Global Semiconductor Equipment & Materials industry.

( Industry Median: -1.80 vs. LRCX: 0.60 )
LRCX' s 10-Year Revenue Growth (%) Range
Min: -22.1   Max: 43.9
Current: 0.6

-22.1
43.9
EBITDA Growth (%) -4.30
LRCX's EBITDA Growth (%) is ranked higher than
74% of the 543 Companies
in the Global Semiconductor Equipment & Materials industry.

( Industry Median: -5.80 vs. LRCX: -4.30 )
LRCX' s 10-Year EBITDA Growth (%) Range
Min: -49.1   Max: 126.2
Current: -4.3

-49.1
126.2
EPS Growth (%) -14.50
LRCX's EPS Growth (%) is ranked higher than
65% of the 479 Companies
in the Global Semiconductor Equipment & Materials industry.

( Industry Median: -6.00 vs. LRCX: -14.50 )
LRCX' s 10-Year EPS Growth (%) Range
Min: -37.6   Max: 107.9
Current: -14.5

-37.6
107.9
» LRCX's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades

Q3 2013

LRCX Guru Trades in Q3 2013

Joel Greenblatt 39,741 sh (New)
Scott Black 229,670 sh (+189.4%)
Jim Simons 870,556 sh (+12.13%)
Chuck Royce 431,449 sh (+9.63%)
Mariko Gordon 109,446 sh (+0.1%)
Charles Brandes 5,355 sh (unchged)
Mario Gabelli 23,250 sh (unchged)
Paul Tudor Jones Sold Out
Lee Ainslie Sold Out
Private Capital 237,417 sh (-13.69%)
Ray Dalio 131,833 sh (-14.62%)
Steven Cohen 45,702 sh (-46.34%)
» More
Q4 2013

LRCX Guru Trades in Q4 2013

RS Investment Management 87,700 sh (New)
Paul Tudor Jones 5,341 sh (New)
Steven Cohen 754,010 sh (+1549.84%)
Joel Greenblatt Sold Out
Mariko Gordon 106,209 sh (-2.96%)
Scott Black 221,395 sh (-3.6%)
Chuck Royce 408,449 sh (-5.33%)
Charles Brandes 5,065 sh (-5.42%)
Private Capital 215,797 sh (-9.11%)
Mario Gabelli 21,000 sh (-9.68%)
Ray Dalio 117,033 sh (-11.23%)
Jim Simons 73,456 sh (-91.56%)
» More
Q1 2014

LRCX Guru Trades in Q1 2014

Pioneer Investments 33,241 sh (New)
David Einhorn 1,225,100 sh (New)
Louis Moore Bacon 8,126 sh (New)
Paul Tudor Jones 8,683 sh (+62.57%)
Scott Black 242,397 sh (+9.49%)
Mariko Gordon 107,658 sh (+1.36%)
Chuck Royce 412,849 sh (+1.08%)
Jim Simons Sold Out
RS Investment Management Sold Out
Private Capital Sold Out
Charles Brandes Sold Out
Mario Gabelli 20,000 sh (-4.76%)
Ray Dalio 76,817 sh (-34.36%)
Steven Cohen 92,147 sh (-87.78%)
» More
Q2 2014

LRCX Guru Trades in Q2 2014

Kyle Bass 26,000 sh (New)
Ken Heebner 1,100,000 sh (New)
Joel Greenblatt 27,982 sh (New)
Louis Moore Bacon 50,000 sh (+515.31%)
David Einhorn 2,640,000 sh (+115.49%)
Ray Dalio 101,620 sh (+32.29%)
Mario Gabelli 20,000 sh (unchged)
Steven Cohen 113,400 sh (unchged)
Paul Tudor Jones Sold Out
Pioneer Investments Sold Out
Chuck Royce 379,274 sh (-8.13%)
Mariko Gordon 94,974 sh (-11.78%)
Scott Black 156,995 sh (-35.23%)
» More
» Details

Insider Trades

Latest Guru Trades with LRCX

(List those with share number changes of more than 20%, or impact to portfolio more than 0.1%)

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Scott Black 2014-06-30 Reduce -35.23%0.49%$52.11 - $67.57 $ 75.1526%156995
Joel Greenblatt 2014-06-30 New Buy0.02%$52.11 - $67.57 $ 75.1526%27982
Ray Dalio 2014-06-30 Add 32.29%0.01%$52.11 - $67.57 $ 75.1526%101620
Scott Black 2014-03-31 Add 9.49%0.12%$48.58 - $56.59 $ 75.1541%242397
Ray Dalio 2014-03-31 Reduce -34.36%0.02%$48.58 - $56.59 $ 75.1542%76817
Charles Brandes 2014-03-31 Sold Out $48.58 - $56.59 $ 75.1541%0
Joel Greenblatt 2013-12-31 Sold Out 0.07%$49.75 - $54.94 $ 75.1543%0
Lee Ainslie 2013-09-30 Sold Out 0.98%$44.72 - $51.99 $ 75.1554%0
Scott Black 2013-09-30 Add 189.4%0.85%$44.72 - $51.99 $ 75.1554%229670
Joel Greenblatt 2013-09-30 New Buy0.07%$44.72 - $51.99 $ 75.1554%39741
Premium More recent guru trades are included for Premium Members only!!
» Interactive Charts

Peter Lynch Chart ( What is Peter Lynch Charts )

Ratios

vs
industry
vs
history
P/E(ttm) 20.80
LRCX's P/E(ttm) is ranked higher than
81% of the 1097 Companies
in the Global Semiconductor Equipment & Materials industry.

( Industry Median: 81.30 vs. LRCX: 20.80 )
LRCX' s 10-Year P/E(ttm) Range
Min: 6.22   Max: 268.06
Current: 20.8

6.22
268.06
P/B 2.40
LRCX's P/B is ranked higher than
56% of the 1097 Companies
in the Global Semiconductor Equipment & Materials industry.

( Industry Median: 1.95 vs. LRCX: 2.40 )
LRCX' s 10-Year P/B Range
Min: 1.12   Max: 6.79
Current: 2.4

1.12
6.79
P/S 2.80
LRCX's P/S is ranked higher than
52% of the 1097 Companies
in the Global Semiconductor Equipment & Materials industry.

( Industry Median: 1.86 vs. LRCX: 2.80 )
LRCX' s 10-Year P/S Range
Min: 1.01   Max: 6.13
Current: 2.8

1.01
6.13
PFCF 23.10
LRCX's PFCF is ranked higher than
78% of the 1097 Companies
in the Global Semiconductor Equipment & Materials industry.

( Industry Median: 9999.00 vs. LRCX: 23.10 )
LRCX' s 10-Year PFCF Range
Min: 5.98   Max: 58.61
Current: 23.1

5.98
58.61
EV-to-EBIT 14.60
LRCX's EV-to-EBIT is ranked higher than
82% of the 1097 Companies
in the Global Semiconductor Equipment & Materials industry.

( Industry Median: 51.77 vs. LRCX: 14.60 )
LRCX' s 10-Year EV-to-EBIT Range
Min: 3.9   Max: 1047.4
Current: 14.6

3.9
1047.4
Shiller P/E 36.50
LRCX's Shiller P/E is ranked higher than
90% of the 1097 Companies
in the Global Semiconductor Equipment & Materials industry.

( Industry Median: 9999.00 vs. LRCX: 36.50 )
LRCX' s 10-Year Shiller P/E Range
Min: 7.43   Max: 199.69
Current: 36.5

7.43
199.69
Current Ratio 3.02
LRCX's Current Ratio is ranked higher than
76% of the 1054 Companies
in the Global Semiconductor Equipment & Materials industry.

( Industry Median: 2.39 vs. LRCX: 3.02 )
LRCX' s 10-Year Current Ratio Range
Min: 2.11   Max: 4.79
Current: 3.02

2.11
4.79
Quick Ratio 2.56
LRCX's Quick Ratio is ranked higher than
77% of the 1054 Companies
in the Global Semiconductor Equipment & Materials industry.

( Industry Median: 1.87 vs. LRCX: 2.56 )
LRCX' s 10-Year Quick Ratio Range
Min: 1.48   Max: 4.21
Current: 2.56

1.48
4.21

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield 0.50
LRCX's Dividend Yield is ranked lower than
86% of the 518 Companies
in the Global Semiconductor Equipment & Materials industry.

( Industry Median: 1.53 vs. LRCX: 0.50 )
LRCX' s 10-Year Dividend Yield Range
Min: 0.24   Max: 0.28
Current: 0.5

0.24
0.28
Dividend Payout 0.05
LRCX's Dividend Payout is ranked higher than
99% of the 1097 Companies
in the Global Semiconductor Equipment & Materials industry.

( Industry Median: 9999.00 vs. LRCX: 0.05 )
LRCX' s 10-Year Dividend Payout Range
Min: 0.05   Max: 0.05
Current: 0.05

Yield on cost (5-Year) 0.50
LRCX's Yield on cost (5-Year) is ranked lower than
86% of the 553 Companies
in the Global Semiconductor Equipment & Materials industry.

( Industry Median: 1.73 vs. LRCX: 0.50 )
LRCX' s 10-Year Yield on cost (5-Year) Range
Min: 0.24   Max: 0.28
Current: 0.5

0.24
0.28
Share Buyback Rate -11.80
LRCX's Share Buyback Rate is ranked higher than
57% of the 577 Companies
in the Global Semiconductor Equipment & Materials industry.

( Industry Median: -1.30 vs. LRCX: -11.80 )
LRCX' s 10-Year Share Buyback Rate Range
Min: 4.4   Max: -16
Current: -11.8

Valuation & Return

vs
industry
vs
history
Price/Net Cash 119.29
LRCX's Price/Net Cash is ranked higher than
77% of the 1097 Companies
in the Global Semiconductor Equipment & Materials industry.

( Industry Median: 9999.00 vs. LRCX: 119.29 )
LRCX' s 10-Year Price/Net Cash Range
Min: 9.58   Max: 150.63
Current: 119.29

9.58
150.63
Price/Net Current Asset Value 11.35
LRCX's Price/Net Current Asset Value is ranked higher than
74% of the 1097 Companies
in the Global Semiconductor Equipment & Materials industry.

( Industry Median: 59.34 vs. LRCX: 11.35 )
LRCX' s 10-Year Price/Net Current Asset Value Range
Min: 4.65   Max: 105.89
Current: 11.35

4.65
105.89
Price/Tangible Book 4.57
LRCX's Price/Tangible Book is ranked lower than
54% of the 1097 Companies
in the Global Semiconductor Equipment & Materials industry.

( Industry Median: 2.26 vs. LRCX: 4.57 )
LRCX' s 10-Year Price/Tangible Book Range
Min: 1.39   Max: 7.34
Current: 4.57

1.39
7.34
Price/DCF (Projected) 1.37
LRCX's Price/DCF (Projected) is ranked higher than
89% of the 1097 Companies
in the Global Semiconductor Equipment & Materials industry.

( Industry Median: 9999.00 vs. LRCX: 1.37 )
LRCX' s 10-Year Price/DCF (Projected) Range
Min: 0.6   Max: 15.5
Current: 1.37

0.6
15.5
Price/Median PS Value 1.17
LRCX's Price/Median PS Value is ranked higher than
62% of the 1097 Companies
in the Global Semiconductor Equipment & Materials industry.

( Industry Median: 1.11 vs. LRCX: 1.17 )
LRCX' s 10-Year Price/Median PS Value Range
Min: 0.28   Max: 1.84
Current: 1.17

0.28
1.84
Price/Graham Number 1.98
LRCX's Price/Graham Number is ranked higher than
73% of the 1097 Companies
in the Global Semiconductor Equipment & Materials industry.

( Industry Median: 4.37 vs. LRCX: 1.98 )
LRCX' s 10-Year Price/Graham Number Range
Min: 0.68   Max: 3.22
Current: 1.98

0.68
3.22
Earnings Yield (Greenblatt) 6.80
LRCX's Earnings Yield (Greenblatt) is ranked higher than
73% of the 853 Companies
in the Global Semiconductor Equipment & Materials industry.

( Industry Median: 5.30 vs. LRCX: 6.80 )
LRCX' s 10-Year Earnings Yield (Greenblatt) Range
Min: 0.1   Max: 25.9
Current: 6.8

0.1
25.9
Forward Rate of Return (Yacktman) 3.06
LRCX's Forward Rate of Return (Yacktman) is ranked higher than
79% of the 722 Companies
in the Global Semiconductor Equipment & Materials industry.

( Industry Median: 0.87 vs. LRCX: 3.06 )
LRCX' s 10-Year Forward Rate of Return (Yacktman) Range
Min: 1.2   Max: 135.4
Current: 3.06

1.2
135.4

Business Description

Industry: Semiconductors » Semiconductor Equipment & Materials
Compare:ASML, AMAT, TOELY, KLAC, IMI » details
Traded in other countries:LAR.Germany
Lam Research Corporation was incorporated in 1980 in Delaware. The Company is a supplier of wafer fabrication equipment and services to the semiconductor industry. The Company designs, manufactures, markets, refurbishes, and services semiconductor processing equipment used in the fabrication of integrated circuits. Its products are designed to help its customers build the smaller, faster, and more power-efficient devices that are used in a variety of electronic products, including cell phones, computers, storage devices, and networking equipment. The Company offers a broad portfolio of complementary products that are used in several areas of the semiconductor manufacturing process flow, including plasma etch, thin film deposition, photoresist strip, and wafer cleaning. Its products are used in front-end wafer processing, which involves the steps that create the active components of a device (transistor, capacitor) and its wiring (interconnect). The Company's marketing and sales efforts focus on building long-term relationships with its customers. These efforts are supported by a team of product marketing and sales professionals as well as equipment and process engineers that work closely with individual customers to develop solutions to its processing needs. The Company maintains ongoing support relationships with its customers and has a network of field service personnel in place throughout the United States, Europe, Japan, Korea and Asia Pacific. The Company's manufacturing operations consist mainly of assembling and testing components, sub-assemblies, and modules that are then integrated into finished systems prior to shipment to its customers. The Company's policy is to seek patents on inventions relating to new or enhanced products and processes developed as part of its ongoing research, engineering, manufacturing, and support activities. The Company currently holds a number of United States and foreign patents covering various aspects of its products and processes. The Company's customers include semiconductor manufacturers that make memory, microprocessors, and other logic integrated circuits for a wide range of consumer and industrial electronics. The Company's competitors in the single-wafer wet clean market are Dainippon Screen Manufacturing Co. Ltd. and Tokyo Electron, Ltd. In the tungsten CVD, PECVD, HDP-CVD, ECD and PVD markets, its main competitor is Applied Materials, Inc. In the PECVD market, it also competes against ASM International. Its main competitors in the surface preparation product arena are Mattson Technologies, Inc. and PSK, Inc. The Company is subject to a variety of governmental regulations related to the management of hazardous materials that it uses in its business operations.
» More Articles for LRCX

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