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Upturn AI SWOT - About
LCII 
LCI Industries (LCII)
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Upturn Advisory Summary
04/01/2025: LCII (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Analysis of Past Performance
Type Stock | Historic Profit -36.82% | Avg. Invested days 39 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  1.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 04/01/2025 |
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 2.22B USD | Price to earnings Ratio 15.69 | 1Y Target Price 118.33 |
Price to earnings Ratio 15.69 | 1Y Target Price 118.33 | ||
Volume (30-day avg) 483664 | Beta 1.46 | 52 Weeks Range 85.69 - 126.69 | Updated Date 04/2/2025 |
52 Weeks Range 85.69 - 126.69 | Updated Date 04/2/2025 | ||
Dividends yield (FY) 5.24% | Basic EPS (TTM) 5.6 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 3.82% | Operating Margin (TTM) 2.01% |
Management Effectiveness
Return on Assets (TTM) 4.66% | Return on Equity (TTM) 10.42% |
Valuation
Trailing PE 15.69 | Forward PE 14.39 | Enterprise Value 3047626673 | Price to Sales(TTM) 0.59 |
Enterprise Value 3047626673 | Price to Sales(TTM) 0.59 | ||
Enterprise Value to Revenue 0.81 | Enterprise Value to EBITDA 8.86 | Shares Outstanding 25236500 | Shares Floating 24514213 |
Shares Outstanding 25236500 | Shares Floating 24514213 | ||
Percent Insiders 3.55 | Percent Institutions 107.28 |
Analyst Ratings
Rating 3.4 | Target Price 117.11 | Buy - | Strong Buy 3 |
Buy - | Strong Buy 3 | ||
Hold 5 | Sell 2 | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
LCI Industries
Company Overview
History and Background
LCI Industries, formerly Drew Industries, was founded in 1969. It began as a supplier of components to the manufactured housing industry. Over time, it expanded into the recreational vehicle (RV) industry and broadened its product portfolio through organic growth and acquisitions.
Core Business Areas
- RV Segment: Supplies a broad array of components for RVs, including chassis, axles, suspensions, windows, doors, furniture, and appliances.
- Marine Segment: Manufactures and distributes various components and accessories for the marine industry, such as furniture, window coverings, and flooring.
- Aftermarket Segment: Provides products for the aftermarket, including replacement parts, accessories, and upgrades for RVs and marine vessels.
- Other Industries Segment: Supplies components and products for adjacent industries, including commercial vehicles, buses, trailers, and specialty vehicles.
Leadership and Structure
Jason Lippert is the CEO. The company has a typical corporate structure with a board of directors and various executive management positions overseeing different business units and functional areas.
Top Products and Market Share
Key Offerings
- Chassis and Suspension Systems: LCI Industries is a major supplier of chassis and suspension systems for RVs. Market share is estimated to be around 60-70%. Competitors include Dexter Axle and AL-KO.
- Windows and Doors: LCI provides windows and doors for RVs and marine vessels. Market share varies but is estimated to be in the 30-40% range. Competitors include Kinro and Hehr International.
- Furniture and Interior Components: LCI manufactures furniture, cabinetry, and other interior components for RVs and marine applications. Market share is fragmented. Competitors include Villa and Flexsteel.
Market Dynamics
Industry Overview
The RV industry is cyclical, driven by consumer spending and economic conditions. The marine industry is also influenced by discretionary income and leisure activities. Both industries have seen growth in recent years but face potential headwinds from rising interest rates and inflation.
Positioning
LCI Industries is a leading supplier of components to the RV and marine industries. Its competitive advantages include its broad product portfolio, strong customer relationships, and economies of scale.
Total Addressable Market (TAM)
The total addressable market for RV components and marine products is estimated to be in the billions of dollars annually. LCI Industries is well-positioned to capture a significant share of this market due to its leading market position and product diversification.
Upturn SWOT Analysis
Strengths
- Leading market position in RV and marine components
- Diversified product portfolio
- Strong customer relationships
- Extensive distribution network
- Economies of scale
Weaknesses
- Cyclical business model
- Dependence on RV and marine industries
- Exposure to commodity price fluctuations
- High debt levels
Opportunities
- Expansion into adjacent industries
- Increased focus on aftermarket sales
- Growth in the RV and marine industries
- Acquisitions of complementary businesses
Threats
- Economic downturns
- Increased competition
- Rising interest rates
- Changes in consumer preferences
- Supply chain disruptions
Competitors and Market Share
Key Competitors
- THO
- WGO
- PATK
Competitive Landscape
LCI Industries has a strong competitive position due to its broad product portfolio, leading market share, and strong customer relationships. However, it faces competition from other component suppliers and RV manufacturers who may choose to vertically integrate.
Major Acquisitions
ASA Electronics
- Year: 2021
- Acquisition Price (USD millions): 67
- Strategic Rationale: Expanded LCI's product offering to include high-end audio, video, and navigation systems, and expanded their relationships.
Lewmar Marine
- Year: 2019
- Acquisition Price (USD millions): 81
- Strategic Rationale: Enhanced LCI's marine product offerings with a leading brand of winches, hatches, and other marine hardware.
Growth Trajectory and Initiatives
Historical Growth: LCI Industries has experienced strong growth in recent years, driven by acquisitions and organic growth in the RV and marine industries.
Future Projections: Analyst estimates suggest continued growth for LCI Industries, driven by increasing demand for RVs and marine vessels and the company's expansion into new markets.
Recent Initiatives: Recent initiatives include acquisitions of complementary businesses, expansion of production capacity, and investments in research and development.
Summary
LCI Industries is a strong player in the RV and marine component industries with a diversified product portfolio and leading market share. Its cyclical business model and dependence on the RV and marine sectors pose some risks. Expansion into adjacent markets and a focus on aftermarket sales present growth opportunities. It needs to keep an eye on economic conditions, competition, and supply chain disruptions.
Similar Companies
PATK
Patrick Industries Inc
PATK
Patrick Industries Inc
THO
Thor Industries Inc
THO
Thor Industries Inc
WGO
Winnebago Industries Inc
WGO
Winnebago Industries Inc
Sources and Disclaimers
Data Sources:
- Company filings (10-K, 10-Q)
- Investor presentations
- Analyst reports
- Industry publications
Disclaimers:
The information provided is for informational purposes only and should not be construed as investment advice. The data may not be exhaustive, and its accuracy is not guaranteed. Investment decisions should be based on individual research and consultation with a qualified financial advisor.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About LCI Industries
Exchange NYSE | Headquaters Elkhart, IN, United States | ||
IPO Launch date 1989-05-03 | CEO, President & Director Mr. Jason D. Lippert | ||
Sector Consumer Cyclical | Industry Recreational Vehicles | Full time employees 11500 | Website https://corporate.lippert.com |
Full time employees 11500 | Website https://corporate.lippert.com | ||
LCI Industries, together with its subsidiaries, manufactures and supplies engineered components for the manufacturers of recreational vehicles (RVs) and adjacent industries in the United States and internationally. It operates through two segments, Original Equipment Manufacturers (OEM) and Aftermarket. The OEM segment manufactures and distributes a range of engineered components, such as steel chassis, axles, anti-lock braking systems, and suspension systems; manual, electric, and hydraulic stabilizer and leveling systems; awnings, slide-out mechanisms, and accessories; vinyl, aluminum, and frameless windows; entry, luggage, patio, and ramp doors; electric and manual entry steps; thermoformed bath and kitchen products; furniture, mattresses, tankless water heaters, air conditioners, appliances, electronic components, televisions, and sound systems; windshields; and hitches, pin boxes, grill guards, towing electrical, and towing and truck accessories. This segment serves OEMs of RVs and adjacent industries, including boats, buses, cargo and utility trailers used to haul boats, livestock, equipment, and other cargo; trucks; trains; manufactured homes; and modular housing. The Aftermarket segment supplies engineered components to aftermarket channels of the recreation and transportation markets for retail dealers, wholesale distributors, and service centers, as well as direct-to-consumer sales through online platforms. This segment also sells replacement glass and awnings to fulfill insurance claims; and biminis, covers, buoys, fenders, towing products, truck accessories, appliances, air conditioners, televisions, sound systems, and tankless water heaters. The company was formerly known as Drew Industries Incorporated and changed its name to LCI Industries in December 2016. LCI Industries was founded in 1956 and is headquartered in Elkhart, Indiana.
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