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Description
Lumentum Holdings Inc. (Lumentum) is a provider of optical and photonic products.
The company’s products are essential to a range of cloud, artificial intelligence and machine learning (‘AI/ML’), telecommunications, consumer, and industrial end-mark…
Analysis
Hope premium
Lumentum Holdings Inc. carries what we call a hope premium: an average business trading at an ambitious price.
The price is expensive. You pay 193.9× its owner earnings: the cash an owner could take out each year, which is in the historically expensive zone. At today's price, the market is assuming roughly 38% yearly growth; analysts expect 139%. The price, in other words, assumes less than the experts do.
The trajectory is solid and accelerating and the balance sheet is adequate. The company scores 18/20 on our value-creation score: strong value creator.
What to watch: Some accounting patterns deserve a closer look. As always: this describes the company's numbers; it is not a recommendation.
360° rank · history
1007550250
Jan 202360
57
2023202420252026
All-time high
60
Jan 2023
All-time low
20
Jan 2024
Average rank
42
across all years
Detailed & Historical Ranks
Deep dive into 15 detailed ranks and 3 years of history.
Current202520242023
Price/Sales
3
23
30
19
Price/Earnings
14
31
40
67
Price/Book
5
35
56
43
Dividend Yield
1
1
1
1
Value (overall)
1
7
24
31
Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.