LSI Industries Inc (LYTS) - Net Assets
Based on the latest financial reports, LSI Industries Inc (LYTS) has net assets worth $248.10 Million USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($396.31 Million) and total liabilities ($148.21 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check LYTS strategic assets to equity ratio to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $248.10 Million |
| % of Total Assets | 62.6% |
| Annual Growth Rate | 7.65% |
| 5-Year Change | 75.9% |
| 10-Year Change | 48.36% |
| Growth Volatility | 17.56 |
LSI Industries Inc - Net Assets Trend (1986–2025)
This chart illustrates how LSI Industries Inc's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see market value of LSI Industries Inc.
Annual Net Assets for LSI Industries Inc (1986–2025)
The table below shows the annual net assets of LSI Industries Inc from 1986 to 2025. Also explore LSI Industries Inc (LYTS) net asset momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | $230.72 Million | +12.90% |
| 2024-06-30 | $204.35 Million | +15.08% |
| 2023-06-30 | $177.58 Million | +20.17% |
| 2022-06-30 | $147.77 Million | +12.65% |
| 2021-06-30 | $131.17 Million | +4.35% |
| 2020-06-30 | $125.70 Million | +4.81% |
| 2019-06-30 | $119.94 Million | -13.87% |
| 2018-06-30 | $139.25 Million | -13.01% |
| 2017-06-30 | $160.08 Million | +2.93% |
| 2016-06-30 | $155.52 Million | +8.79% |
| 2015-06-30 | $142.95 Million | +3.28% |
| 2014-06-30 | $138.41 Million | -2.31% |
| 2013-06-30 | $141.69 Million | -5.14% |
| 2012-06-30 | $149.37 Million | -1.22% |
| 2011-06-30 | $151.22 Million | +4.85% |
| 2010-06-30 | $144.22 Million | +10.53% |
| 2009-06-30 | $130.47 Million | -12.15% |
| 2008-06-30 | $148.52 Million | -15.65% |
| 2007-06-30 | $176.06 Million | +6.71% |
| 2006-06-30 | $164.99 Million | +19.52% |
| 2005-06-30 | $138.04 Million | +7.12% |
| 2004-06-30 | $128.86 Million | +3.17% |
| 2003-06-30 | $124.91 Million | -10.37% |
| 2002-06-30 | $139.35 Million | +9.56% |
| 2001-06-30 | $127.19 Million | +7.60% |
| 2000-06-30 | $118.21 Million | +14.99% |
| 1999-06-30 | $102.80 Million | +30.62% |
| 1998-06-30 | $78.70 Million | +15.74% |
| 1997-06-30 | $68.00 Million | +24.31% |
| 1996-06-30 | $54.70 Million | +85.42% |
| 1995-06-30 | $29.50 Million | +22.92% |
| 1994-06-30 | $24.00 Million | +21.83% |
| 1993-06-30 | $19.70 Million | +8.24% |
| 1992-06-30 | $18.20 Million | -21.55% |
| 1991-06-30 | $23.20 Million | -4.92% |
| 1990-06-30 | $24.40 Million | +7.96% |
| 1989-06-30 | $22.60 Million | +31.40% |
| 1988-06-30 | $17.20 Million | +13.91% |
| 1987-06-30 | $15.10 Million | +16.15% |
| 1986-06-30 | $13.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to LSI Industries Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 819.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $66.20 Million | 28.69% |
| Common Stock | $163.69 Million | 70.95% |
| Other Comprehensive Income | $829.00K | 0.36% |
| Total Equity | $230.72 Million | 100.00% |
LSI Industries Inc Competitors by Market Cap
The table below lists competitors of LSI Industries Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
General Fusion Group Ltd. Cl A
NASDAQ:GFUZ
|
$631.25 Million |
|
Stingray Group Inc
TO:RAY-A
|
$631.50 Million |
|
Lucky Film Co Ltd
SHG:600135
|
$631.54 Million |
|
Cardinal Infrastructure Group Inc. Class A Common Stock
NASDAQ:CDNL
|
$631.70 Million |
|
Wereldhav B-Sicafi
BR:WEHB
|
$631.16 Million |
|
Rogers Sugar Inc.
TO:RSI
|
$630.94 Million |
|
GurSel Turizm Tasimacilik Ve Servis Ticaret AS
IS:GRSEL
|
$630.53 Million |
|
Südwestdeutsche Salzwerke AG
F:SSH
|
$630.45 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in LSI Industries Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 204,355,000 to 230,722,000, a change of 26,367,000 (12.9%).
- Net income of 24,383,000 contributed positively to equity growth.
- Dividend payments of 5,970,000 reduced retained earnings.
- Other comprehensive income increased equity by 627,000.
- Other factors increased equity by 7,327,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $24.38 Million | +10.57% |
| Dividends Paid | $5.97 Million | -2.59% |
| Other Comprehensive Income | $627.00K | +0.27% |
| Other Changes | $7.33 Million | +3.18% |
| Total Change | $- | 12.90% |
Book Value vs Market Value Analysis
This analysis compares LSI Industries Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.71x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 20.07x to 2.71x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1986-06-30 | $1.01 | $20.30 | x |
| 1987-06-30 | $1.19 | $20.30 | x |
| 1988-06-30 | $1.38 | $20.30 | x |
| 1989-06-30 | $1.72 | $20.30 | x |
| 1990-06-30 | $1.77 | $20.30 | x |
| 1991-06-30 | $1.69 | $20.30 | x |
| 1992-06-30 | $1.38 | $20.30 | x |
| 1993-06-30 | $1.48 | $20.30 | x |
| 1994-06-30 | $1.68 | $20.30 | x |
| 1995-06-30 | $2.00 | $20.30 | x |
| 1996-06-30 | $3.45 | $20.30 | x |
| 1997-06-30 | $3.95 | $20.30 | x |
| 1998-06-30 | $4.30 | $20.30 | x |
| 1999-06-30 | $5.43 | $20.30 | x |
| 2000-06-30 | $6.09 | $20.30 | x |
| 2001-06-30 | $6.45 | $20.30 | x |
| 2002-06-30 | $6.95 | $20.30 | x |
| 2003-06-30 | $6.23 | $20.30 | x |
| 2004-06-30 | $6.38 | $20.30 | x |
| 2005-06-30 | $6.89 | $20.30 | x |
| 2006-06-30 | $8.11 | $20.30 | x |
| 2007-06-30 | $8.03 | $20.30 | x |
| 2008-06-30 | $6.82 | $20.30 | x |
| 2009-06-30 | $5.99 | $20.30 | x |
| 2010-06-30 | $5.98 | $20.30 | x |
| 2011-06-30 | $6.21 | $20.30 | x |
| 2012-06-30 | $6.13 | $20.30 | x |
| 2013-06-30 | $5.81 | $20.30 | x |
| 2014-06-30 | $5.64 | $20.30 | x |
| 2015-06-30 | $5.80 | $20.30 | x |
| 2016-06-30 | $6.08 | $20.30 | x |
| 2017-06-30 | $6.16 | $20.30 | x |
| 2018-06-30 | $5.38 | $20.30 | x |
| 2019-06-30 | $4.59 | $20.30 | x |
| 2020-06-30 | $4.75 | $20.30 | x |
| 2021-06-30 | $4.78 | $20.30 | x |
| 2022-06-30 | $5.28 | $20.30 | x |
| 2023-06-30 | $6.06 | $20.30 | x |
| 2024-06-30 | $6.80 | $20.30 | x |
| 2025-06-30 | $7.48 | $20.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently LSI Industries Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 10.57%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.25%
- • Asset Turnover: 1.45x
- • Equity Multiplier: 1.72x
- Recent ROE (10.57%) is above the historical average (6.10%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1986 | 18.46% | 8.73% | 1.49x | 1.42x | $1.10 Million |
| 1987 | 13.91% | 6.89% | 1.37x | 1.47x | $590.00K |
| 1988 | 17.44% | 7.89% | 1.53x | 1.44x | $1.28 Million |
| 1989 | 17.70% | 6.97% | 1.32x | 1.92x | $1.74 Million |
| 1990 | 5.74% | 1.67% | 1.69x | 2.03x | $-1.04 Million |
| 1991 | -4.74% | -1.38% | 1.74x | 1.97x | $-3.42 Million |
| 1992 | -26.37% | -6.94% | 1.68x | 2.26x | $-6.62 Million |
| 1993 | 8.63% | 2.34% | 1.91x | 1.93x | $-270.00K |
| 1994 | 17.50% | 4.49% | 2.02x | 1.93x | $1.80 Million |
| 1995 | 21.02% | 5.17% | 1.92x | 2.12x | $3.25 Million |
| 1996 | 12.43% | 4.45% | 1.92x | 1.45x | $1.33 Million |
| 1997 | 13.09% | 6.15% | 1.52x | 1.40x | $2.10 Million |
| 1998 | 16.01% | 6.66% | 1.71x | 1.40x | $4.73 Million |
| 1999 | 16.63% | 7.51% | 1.65x | 1.34x | $6.82 Million |
| 2000 | 14.62% | 7.33% | 1.61x | 1.24x | $5.46 Million |
| 2001 | 7.77% | 4.22% | 1.29x | 1.43x | $-2.84 Million |
| 2002 | 10.18% | 5.47% | 1.37x | 1.36x | $251.10K |
| 2003 | -8.60% | -5.04% | 1.31x | 1.30x | $-23.24 Million |
| 2004 | 6.74% | 3.60% | 1.38x | 1.36x | $-4.20 Million |
| 2005 | 10.60% | 5.18% | 1.64x | 1.25x | $832.00K |
| 2006 | 8.75% | 5.15% | 1.25x | 1.36x | $-2.06 Million |
| 2007 | 11.81% | 6.16% | 1.44x | 1.33x | $3.18 Million |
| 2008 | -9.24% | -4.49% | 1.66x | 1.24x | $-28.57 Million |
| 2009 | -10.28% | -5.74% | 1.53x | 1.17x | $-26.46 Million |
| 2010 | 0.99% | 0.56% | 1.46x | 1.21x | $-13.00 Million |
| 2011 | 7.16% | 3.69% | 1.67x | 1.16x | $-4.29 Million |
| 2012 | 2.16% | 1.20% | 1.53x | 1.17x | $-11.71 Million |
| 2013 | -0.09% | -0.04% | 1.66x | 1.19x | $-14.29 Million |
| 2014 | 0.67% | 0.31% | 1.76x | 1.23x | $-12.91 Million |
| 2015 | 3.60% | 1.67% | 1.69x | 1.28x | $-9.14 Million |
| 2016 | 6.10% | 2.94% | 1.65x | 1.26x | $-6.07 Million |
| 2017 | 1.87% | 0.91% | 1.29x | 1.60x | $-13.01 Million |
| 2018 | -14.03% | -5.71% | 1.49x | 1.65x | $-33.47 Million |
| 2019 | -13.62% | -4.97% | 1.64x | 1.68x | $-28.33 Million |
| 2020 | 7.63% | 3.14% | 1.77x | 1.37x | $-2.98 Million |
| 2021 | 4.47% | 1.86% | 1.10x | 2.19x | $-7.25 Million |
| 2022 | 10.17% | 3.30% | 1.46x | 2.11x | $255.10K |
| 2023 | 14.51% | 5.18% | 1.68x | 1.67x | $8.00 Million |
| 2024 | 12.22% | 5.32% | 1.35x | 1.71x | $4.54 Million |
| 2025 | 10.57% | 4.25% | 1.45x | 1.72x | $1.31 Million |
Industry Comparison
This section compares LSI Industries Inc's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $193,647,683
- Average return on equity (ROE) among peers: 7.50%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| LSI Industries Inc (LYTS) | $248.10 Million | 18.46% | 0.60x | $631.18 Million |
| Allient Inc. (ALNT) | $10.40 Million | 16.35% | 2.23x | $1.68 Billion |
| Amphenol Corporation (APH) | $166.98 Million | 48.12% | 5.46x | $96.33 Billion |
| Bel Fuse A Inc (BELFA) | $220.33 Million | 6.19% | 0.26x | $412.10 Million |
| Bel Fuse B Inc (BELFB) | $18.20 Million | 7.14% | 0.13x | $2.94 Billion |
| Benchmark Electronics Inc (BHE) | $989.59 Million | 1.42% | 0.76x | $2.68 Billion |
| Cps Technologies (CPSH) | $9.32 Million | -18.43% | 0.18x | $75.92 Million |
| CTS Corporation (CTS) | $247.45 Million | -13.76% | 0.65x | $1.36 Billion |
| Data I/O Corporation (DAIO) | $16.03 Million | 10.33% | 0.42x | $25.54 Million |
| Daktronics Inc (DAKT) | $201.07 Million | 1.03% | 0.75x | $850.16 Million |
| Deswell Industries Inc (DSWL) | $57.10 Million | 16.64% | 0.13x | $49.09 Million |
About LSI Industries Inc
LSI Industries Inc. manufactures, markets, and sells non-residential lighting and retail display solutions in the United States. The company operates through Lighting and Display Solutions segments. The Lighting segment offers outdoor and indoor lighting fixture and controls solutions, including sensors, photocontrols, dimming, motion detection, and circuit controllers. The Display Solutions segm… Read more