Lumentum Holdings Inc.

Lumentum Holdings Inc.

LITEยทNASDAQ

$938.00

-8.9%
TechnologyCommunication Equipment

Lumentum Holdings Inc. manufactures and sells optical and photonic products in the Americas, the Asia-Pacific, Europe, the Middle East, and Africa. The company operates in two segments, Optical Communications (OpComms) and Commercial Lasers (Lasers). The OpComms segment offers components, modules, and subsystems that enable the transmission and transport of video, audio, and data over high-capacity fiber optic cables. It offers tunable transponders, transceivers, and transmitter modules; tunable lasers, receivers, and modulators; transport products, such as reconfigurable optical add/drop multiplexers, amplifiers, and optical channel monitors, as well as components, including 980nm, multi-mode, and Raman pumps; and switches, attenuators, photodetectors, gain flattening filters, isolators, wavelength-division multiplexing filters, arrayed waveguide gratings, multiplex/de-multiplexers, and integrated passive modules. This segment also provides Super Transport Blade, which integrates optical transport functions into a single-slot blade; vertical-cavity surface-emitting lasers; directly modulated and electro-absorption modulated lasers; and laser illumination sources for 3D sensing systems. It serves customers in telecommunications, data communications, and consumer and industrial markets. The Commercial Lasers segment offers diode-pumped solid-state, fiber, diode, direct-diode, and gas lasers for use in original equipment manufacturer applications. It serves customers in markets and applications, such as sheet metal processing, general manufacturing, biotechnology, graphics and imaging, remote sensing, and precision machining. Lumentum Holdings Inc. was incorporated in 2015 and is headquartered in San Jose, California.

At a Glance

Live Snapshot
Market Cap$72.98B
EPS0.3800
P/E Ratio2468.42
Earnings Date08/11/2026
Lumentum Holdings Inc.

Lumentum Holdings Inc. Fair Value Envelope

LITE ยท NASDAQ

Our analysis suggests that LITE has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $938, this represents a potential HIDDEN relative to our calculated worth for Lumentum Holdings Inc..

Intrinsic Value
Current Price: $938

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

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Projection Settings

Forecast period and terminal assumptions

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DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value$1.8B
+ Cash & Equivalents$520.7M
Firm Value$2.4B
- Debt$2.6B
Equity Value-$244.2M
/ Shares Outstanding69,500,416B
DCF Value-$4
OVERVALUED BY 100%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
$133.8M
$141.7M
$150.1M
$159.0M
$168.5M
$178.4M
$189.0M
$200.2M
$212.1M
$224.7M
Maintenance CapEx
-$48.9M
-$51.8M
-$54.9M
-$58.2M
-$61.6M
-$65.3M
-$69.1M
-$73.2M
-$77.6M
-$82.2M
Owner Earnings
$84.8M
$89.9M
$95.2M
$100.9M
$106.8M
$113.2M
$119.9M
$127.0M
$134.5M
$142.5M
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$78.6M
$77.1M
$75.6M
$74.1M
$72.7M
$71.3M
$70.0M
$68.6M
$67.3M
$66.0M
Terminal Value represents 60.9% of Enterprise Value