Automotive 3D Sensing And EVs Could Spike Lumentum's Price

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Bersit Research
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Summary

  • Lumentum is a designer of optical and photonic products enabling optical networking and laser applications.
  • Considering the growth of the company’s target industries, I believe that many investors would enjoy having a look at Lumentum.
  • If we include an EV/EBITDA multiple of 12x, the exit value in 2032 would stand at close to $6 billion. The sum of future FCF would be around $4.9 billion.

Businessman plan business growth and financial, increase of positive indicators in the year 2022 to increase business growth and an increase for growing up business "n

Khanchit Khirisutchalual

Lumentum Holdings Inc. (NASDAQ:LITE) will likely benefit from the recent demand for virtual environments for work. Besides, LITE serves innovative and growing industries like the EV battery industry or new automotive 3D sensing technologies. Under normal circumstances, with successful closure

Source: Company’s Website

Source: Company’s Website

Source: Q1 FY23 Earnings Presentation

Source: Q1 FY23 Earnings Presentation

Source: Q1 FY23 Earnings Presentation

Source: Q1 FY23 Earnings Presentation

Source: marketscrener.com

Source: marketscrener.com

10-Q

10-Q

10-Q

10-Q

Bersit's DCF Model

Bersit's DCF Model

Bersit's DCF Model

Bersit's DCF Model

Bersit's DCF Model

Bersit's DCF Model

Bersit's DCF Model

Bersit's DCF Model

This article was written by

Bersit Research profile picture
152 Followers
Ex-trader in a hedge fund in Europe, I currently research value stocks, and create financial models. Before reading my articles, please make sure that you note the following important information:My content is intended to be used and must be used for information purposes only. It is very important to do your own analysis before making any investment based on your own personal circumstances. You should take independent financial advice from a professional in connection with, or independently research and verify, any information that you find and wish to rely upon, whether for the purpose of making an investment decision or otherwise.I don't offer financial advice. I will not be liable, whether in contract, tort (including negligence) or otherwise, in respect of any damage, expense or other loss you may suffer arising out of such information or any reliance you may place upon such information.

Disclosure: I/we have a beneficial long position in the shares of LITE either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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