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Lam Research (NAS:LRCX) EV-to-EBIT

: 15.42 (As of Today)
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EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Lam Research's Enterprise Value is $81,643 Mil. Lam Research's EBIT for the trailing twelve months (TTM) ended in Jun. 2023 was $5,296 Mil. Therefore, Lam Research's EV-to-EBIT for today is 15.42.

The historical rank and industry rank for Lam Research's EV-to-EBIT or its related term are showing as below:

LRCX' s EV-to-EBIT Range Over the Past 10 Years
Min: 6.27   Med: 14.28   Max: 99.34
Current: 15.42

During the past 13 years, the highest EV-to-EBIT of Lam Research was 99.34. The lowest was 6.27. And the median was 14.28.

LRCX's EV-to-EBIT is ranked better than
56.3% of 691 companies
in the Semiconductors industry
Industry Median: 17.90 vs LRCX: 15.42

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Lam Research's Enterprise Value for the quarter that ended in Jun. 2023 was $85,328 Mil. Lam Research's EBIT for the trailing twelve months (TTM) ended in Jun. 2023 was $5,296 Mil. Lam Research's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was 6.21%.


Lam Research EV-to-EBIT Historical Data

The historical data trend for Lam Research's EV-to-EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Lam Research Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
EV-to-EBIT
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.21 16.75 20.09 11.10 16.11

Lam Research Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
EV-to-EBIT Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.10 8.88 9.58 12.27 16.11

Competitive Comparison

For the Semiconductor Equipment & Materials subindustry, Lam Research's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

   

Lam Research EV-to-EBIT Distribution

For the Semiconductors industry and Technology sector, Lam Research's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Lam Research's EV-to-EBIT falls in comparison to its industry or sector. The grey bar indicates the EV-to-EBIT's extreme value range as defined by GuruFocus.



Lam Research EV-to-EBIT Calculation

Lam Research's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=81643.035/5295.672
=15.42

Lam Research's current Enterprise Value is $81,643 Mil.
Lam Research's EBIT for the trailing twelve months (TTM) ended in Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $5,296 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Lam Research  (NAS:LRCX) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Lam Research's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Jun. 2023 ) =EBIT / Enterprise Value (Q: Jun. 2023 )
=5295.672/85328.15342
=6.21 %

Lam Research's Enterprise Value for the quarter that ended in Jun. 2023 was $85,328 Mil.
Lam Research's EBIT for the trailing twelve months (TTM) ended in Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $5,296 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Lam Research EV-to-EBIT Related Terms

Thank you for viewing the detailed overview of Lam Research's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Lam Research (NAS:LRCX) Business Description

Lam Research logo
Address
4650 Cushing Parkway, Fremont, CA, USA, 94538
Lam Research manufactures equipment used to fabricate semiconductors. The firm is focused on the etch, deposition, and clean markets, which are key steps in the semiconductor manufacturing process, especially for 3D NAND flash storage, advanced DRAM, and leading-edge logic/foundry chipmakers. Lam's flagship Kiyo, Vector, and Sabre products are sold in all major geographies to key customers such as Samsung Electronics, Micron, Intel, SK Hynix, and Taiwan Semiconductor Manufacturing.
Executives
John M. Dineen director MERRIMACK PHARMACEUTICALS, INC., ONE KENDALL SQUARE, SUITE B7201, CAMBRIDGE MA 02139
Christina Corrreia officer: CVP , Chief Accounting Officer 4650 CUSHING PKWY, FREMONT CA 94538
Neil J Fernandes officer: Senior Vice President 4650 CUSHING PKWY, FREMONT CA 94538
Ho Kyu Kang director 4650 CUSHING PKWY, FREMONT CA 94538
Jyoti Mehra director 4650 CUSHING PARKWAY, FREMONT CA 94538
Ava Hahn officer: Chief Legal Officer & SVP 4650 CUSHING PARKWAY, C/O LAM RESEARCH, FREMONT CA 94538
Sohail U Ahmed director 4650 CUSHING PARKWAY, FREMONT CA 94538
Bethany Mayer director C/O IXIA, 26601 W. AGOURA ROAD, CALABASAS CA 91302
Leslie F Varon director 110 WASHINGTON STREET, SUITE 1300, CONSHOHOCKEN PA 19428
Kevin Jennings officer: Senior Vice President
Scott Gerald Meikle officer: Senior Vice President 1007 N. 17TH STREET, BOISE ID 83702
Vahid Vahedi officer: Group Vice President LAM RESEARCH CORPORATION, 4650 CUSHING PARKWAY, FREMONT CA 94538
Seshasayee Varadarajan officer: Group Vice President LAM RESEARCH CORPORATION, 4650 CUSHING PARKWAY, FREMONT CA 94538
Young Bum Koh director LAM RESEARCH CORPORATION, 4650 CUSHING PARKWAY, FREMONT CA 94538
Timothy Archer officer: Chief Operating Officer 4650 CUSHING PARKWAY, FREMONT CA 94538