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← CockpitCompetitor Analysis › LYTS LSI Industries Inc.Open in the cockpit ↗

LSI Industries Inc.LYTSCompetitor analysis, valuation and peers

United States · USD·Industrials›Building Products
Momentum laggard 15
Mkt cap
$642M
US dollars, full cap
Free float
90%
of shares outstanding
$/day
$7.17M
20-day average traded
Fwd P/E
14.3×
forward earnings
ROIC−WACC
-1.0 pp
WACC 6.9%
Hurdle
-9 pp
Req g minus delivered
Next earnings
83 days
28 Jan 2027
Close · USD$17.20
1D-3.3%
1W-14.0%
1M-15.8%
3M-30.6%
6M-30.0%
YTD-6.1%
1Y-25.2%
ATR %5.6%
Beta1.57
52w lowhigh37.1% off high

What LSI Industries does

Employees: 3,175

LSI Industries at a glance

Size LSI Industries (LYTS) is a United States Industrials company (Building Products) with a market value of $642M, the 2548th largest of 3,117 United States companies the cockpit tracks. Shares closed at $17.20 on 6 Nov 2026.

Performance Over six months the shares fell 30.0%, against -18.9% for the median peer and -1.1% for the United States market (cap-weighted) — 7th lowest of 21 in its peer set.

Growth Revenue grew 20.2% over the last twelve months (peer median -1.7%); the operating margin is 7.0% (peer median 2.9%).

Valuation It trades at 14.3× forward earnings against a peer median of 18.8× (4th cheapest of 14).

Price implies For today's price to make sense, revenue must grow about 8% a year for seven years (Req g). Recent delivered growth is +17%, so the hurdle is -9 pp: the price already allows for a slowdown.

Capital Return on invested capital runs 1.0 points below its cost of capital (6.9% WACC).

Short interest Short interest is 9.0% of the free float (15 Oct 2026).

Next results Next results expected around 28 Jan 2027 (exchange calendar; dates can move).

Relative performance

8010011 May 202611 Aug 20266 Nov 2026Peer median 81LYTS 71
Six months, rebased to 100: LSI Industries against the median of its 20 peers (local-currency closes).

LSI Industries financials

Reported figures in USD; fiscal year ends 2026-06-30. TTM = trailing twelve months.
TTMFY2026FY2025FY2024FY2023
Revenue$689M$689M$573M$470M$497M
Revenue growth—+20%+22%-6%—
Gross profit$173M$173M$142M$134M$137M
EBITDA$64.9M$64.9M$49.7M$47.1M$46.8M
Net income$22.6M$22.6M$24.4M$25.0M$25.8M
Free cash flow$39.0M$39.0M$34.7M$38.0M$46.4M
Capital expenditure$5.14M$5.14M$3.46M$5.39M$3.21M
Total debt$307M$307M$66.6M$72.0M$46.0M

Quarterly statements and history in the cockpit →

LSI Industries competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-50%-25%0%+25%+50%-20%0%603221JBI3011299958002047002774002641002367NPKI300249603111JHD002135300931FMM-B002162688408603098437730LYTS6-month return →1-month return →
Up and to the right = strong over both horizons. LSI Industries is the large dot.

Fundamentals: revenue growth against valuation

-20%0%+20%25×50×75×603221JBI3011299958002641002367NPKI300249002918002135FMM-B688408LYTSRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. LSI Industries is the large dot.

Capital: growth delivered against growth the price implies

0%+20%+40%0%20%40%JBI301129002774002641002367NPKI603111JHD002135300931FMM-B002162LYTSGrowth delivered (Del g) →Growth the price implies (Req g, 7 yrs) →
Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. LSI Industries is the large dot.

LSI Industries competitors and peer comparison

How LSI Industries compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

LSI Industries against its 20 peers (data as of 6 Nov 2026)
MeasureLYTSPeer medianRank in peer set
1-month return-15.8%-14.4%8th lowest of 21
6-month return-30.0%-18.9%7th lowest of 21
Distance from 52-week high-37.1%-45.5%7th highest of 21
Revenue growth (TTM)+20.2%-1.7%2nd highest of 21
Operating margin7.0%2.9%9th highest of 21
Forward P/E14.3×18.8×4th cheapest of 14
Growth the price implies (Req g, 7 yrs)7.7%3.2%7th most demanding of 14
Growth delivered (Del g)+16.9%-0.5%highest of 14
Hurdle (Req g minus delivered)-9.2 pp+7.5 pp3rd least demanding of 14
ROIC minus cost of capital-1.0 pp-2.9 pp8th highest of 21
EV / EBITDA14.4×9.0×3rd most expensive of 7
Net debt / EBITDA4.5×1.2×most indebted of 7

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
LSI Industries LYTSUnited States$642M-30%+20%7%14.3×7.7%+16.9%
Elegant Home-Tech 603221.SSChina$635M+53%-9%-6%18.8×n/an/a
Janus International JBIUnited States$633M-11%0%11%7.0×2.9%-4.6%
Runa Smart Equipment 301129.SZChina$617M-26%+18%20%14.3×18.1%+5.5%
Century Iron & Steel Industrial 9958.TWTaiwan$611M-25%+18%21%6.0×n/an/a
Shenzhen Bauing Construction 002047.SZChina$608M-50%-62%12%n/an/an/a
IFE Elevators 002774.SZChina$677M+10%+3%2%n/a30.1%+9.3%
ERA 002641.SZChina$690M-11%-2%0%42.0×-1.8%-2.5%
Canny Elevator 002367.SZChina$594M-19%0%1%14.4×10.7%+0.8%
NPK International NPKIUnited States$725M-42%+19%18%16.4×15.5%-10.9%
Yimikang Tech 300249.SZChina$739M-38%+29%2%77.5×n/an/a
Monalisa 002918.SZChina$553M-17%-7%3%26.1×3.2%-4.2%
Nanjing Kangni Mechanical & Electrical 603111.SSChina$749M-16%-1%8%n/a-7.1%+4.8%
James Halstead JHD.LUnited Kingdom$762M+4%-1%18%15.1×-4.7%-0.5%
Zhejiang Southeast Space Frame 002135.SZChina$764M-46%-4%2%25.7×-12.0%+0.3%
General Elevator 300931.SZChina$526M-5%-16%-19%n/a38.0%-1.5%
FM Mattsson FMM-B.STSweden$516M+45%+6%10%24.7×0.9%+5.1%
Everjoy Health 002162.SZChina$502M-19%-2%2%n/a29.9%-2.3%
Arctech Solar 688408.SSChina$820M-38%-19%-1%34.8×n/an/a
Center International 603098.SSChina$847M-26%-30%4%n/an/an/a
Samhyun 437730.KSSouth Korea$860M-31%-18%-17%n/an/an/a

Questions

Which companies are LSI Industries's closest peers?
The cockpit's peer set: Elegant Home-Tech (603221.SS), Janus International (JBI), Runa Smart Equipment (301129.SZ), Century Iron & Steel Industrial (9958.TW), Shenzhen Bauing Construction (002047.SZ), IFE Elevators (002774.SZ), ERA (002641.SZ), Canny Elevator (002367.SZ).
Is LSI Industries expensive compared with its peers?
On forward p/e it trades at 14.3× against a peer median of 18.8×, 4th cheapest of 14 in its peer set. For today's price to make sense, revenue must grow about 8% a year for seven years (Req g). Recent delivered growth is +17%, so the hurdle is -9 pp: the price already allows for a slowdown.
How has LSI Industries stock performed?
Over six months to 6 Nov 2026 the shares returned -30.0% against -18.9% for the median peer; over one year -25.2%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.