Earnings And ValuationShares currently trade at ~21.6x FY25 Consensus EPS, slightly below its 5-year average of 22.2x, and 11.5x forward EV/EBITDA, vs. an average of 12.5x, making the entry point reasonable.
Growth And LeverageThere is significant operating leverage in the model as growth returns, and the balance sheet and FCF metrics remain strong, positioning the company for additional accretive M&A.
Market MomentumPassive component momentum is positively biased overall, with the recent market pullback again offering attractive risk/reward at LFUS.