Lam ResearchXSWX:LRCX 85 EV-to-FCF is 59.09 as of Jul. 03, 2026, which is 196% above its 10-year median of 19.93. GuruFocus rates XSWX:LRCX with a GF Score™ of 85/100 and a GF Value™ of CHF109.03. The stock has 6 warning signs investors should review. Among 503 Semiconductors companies, Lam Research ranks worse than 62.23% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Lam Research's Enterprise Value is CHF354,813 Mil.
Lam Research's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was CHF6,005 Mil. Therefore, Lam Research's EV-to-FCF for today is 59.09.
The historical rank and industry rank for Lam Research's EV-to-FCF or its related term are showing as below:
XSWX:LRCX'
s EV-to-FCF Range Over the Past 10 Years
Min: 7.31 Med: 19.93 Max: 81.29
Current: 73.02
During the past 13 years, the highest EV-to-FCF of Lam Research was 81.29. The lowest was 7.31. And the median was 19.93.
XSWX:LRCX's EV-to-FCF is ranked worse than 62.23% of 503
companies
in the Semiconductors industry
Industry Median: 47.82
vs XSWX:LRCX: 73.02
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Lam Research's PE Ratio (TTM) for today is calculated as:
Lam Research's share price for today is CHF292.25.
Lam Research's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was CHF5.300.
* 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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Lam Research EV-to-FCF Related Terms
Lam Research EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Lam Research's EV-to-FCF 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.
For the Semiconductor Equipment & Materials subindustry, Lam Research's EV-to-FCF, along with its competitors' market caps and EV-to-FCF 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-FCF vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Lam Research's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Lam Research's EV-to-FCF falls into.
Lam Research's current Enterprise Value is CHF354,813 Mil.
Lam Research's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was CHF6,005 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 (XSWX:LRCX) has a EV-to-FCF of 59.09 as of Jul. 03, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Lam Research and its competitors. This is 196% above median its historical median of 19.93. Over the past decade, Lam Research's EV-to-FCF has ranged from 7.31 to 81.29. According to the industry distribution chart, Lam Research ranks #313 out of 503 companies in the Semiconductors industry, placing it in the top 62.2%.
Is Lam Research's EV-to-FCF too high?
Lam Research's current EV-to-FCF of 59.09 is 196% above median its 10-year median of 19.93. Over the past 10 years, this metric has ranged from a low of 7.31 to a high of 81.29. The Semiconductors industry median EV-to-FCF is 47.82. Lam Research's value of 59.09 is 23.6% above this industry median. Based on the distribution chart, Lam Research ranks #313 out of 503 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Lam Research has a GF Score™ of 85/100, reflecting its overall financial health beyond just this single metric.
How does Lam Research's EV-to-FCF compare to ?
According to the Semiconductors industry distribution chart, Lam Research ranks #313 out of 503 companies for EV-to-FCF. This places Lam Research in the lower half of its industry. The industry median EV-to-FCF is 47.82. Lam Research's value of 59.09 is 23.6% above this benchmark. Historically, Lam Research's own EV-to-FCF has ranged from 7.31 to 81.29 over the past decade. While the company's 10-year median is 19.93 vs. the industry median of 47.82, Lam Research has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-FCF for a Semiconductors company?
The median EV-to-FCF among Semiconductors companies is 47.82, based on 503 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Lam Research's current EV-to-FCF of 59.09 is 23.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Lam Research and its competitors. For the Semiconductors industry, the median EV-to-FCF is 47.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lam Research's current EV-to-FCF is 59.09, which is 196% above median its own 10-year median of 19.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lam Research stock overvalued right now?
Lam Research (XSWX:LRCX) has a current EV-to-FCF of 59.09. The stock's GF Value™ is CHF109.03, compared to a current price of CHF292.25 — trading 168% above its estimated fair value. The current EV-to-FCF is 59.09, which is 196% above median its 10-year median of 19.93 and 23.6% above the Semiconductors industry median of 47.82. Lam Research's overall GF Score™ is 85/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For Lam Research (XSWX:LRCX), the current EV-to-FCF is 59.09 as of Jul. 03, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Lam Research (XSWX:LRCX) Overvalued in 2026?
Based on GuruFocus' analysis, Lam Research stock appears to be overvalued.
The current stock price of CHF292.25 is trading 168% above its estimated GF Value™ of CHF109.03.
Key valuation signals for XSWX:LRCX:
EV-to-FCF: 59.09 (196% above median its 10-year median of 19.93)
GF Value™: CHF109.03 vs. price of CHF292.25 (168% above fair value)
Industry Position: 23.6% above the Semiconductors median (#313 of 503)
No single metric tells the full story. See the XSWX:LRCX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
85GF Score
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