WallStSmart

LCI Industries (LCII)vsPatrick Industries Inc (PATK)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

LCI Industries generates 4% more annual revenue ($4.12B vs $3.95B). LCII leads profitability with a 4.6% profit margin vs 3.4%. LCII appears more attractively valued with a PEG of 1.04. LCII earns a higher WallStSmart Score of 65/100 (C+).

LCII

Buy

65

out of 100

Grade: C+

Growth: 6.7Profit: 5.0Value: 10.0Quality: 7.3
Piotroski: 5/9Altman Z: 3.20

PATK

Buy

55

out of 100

Grade: C

Growth: 6.0Profit: 5.5Value: 6.7Quality: 7.3
Piotroski: 4/9
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

LCIIUndervalued (+55.7%)

Margin of Safety

+55.7%

Fair Value

$353.81

Current Price

$122.92

$230.89 discount

UndervaluedFair: $353.81Overvalued
PATKUndervalued (+20.1%)

Margin of Safety

+20.1%

Fair Value

$182.52

Current Price

$112.00

$70.52 discount

UndervaluedFair: $182.52Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

LCII5 strengths · Avg: 8.8/10
EPS GrowthGrowth
104.2%10/10

Earnings expanding 104.2% YoY

Altman Z-ScoreHealth
3.2010/10

Safe zone — low bankruptcy risk

P/E RatioValuation
16.3x8/10

Attractively priced relative to earnings

Price/BookValuation
2.2x8/10

Reasonable price relative to book value

Revenue GrowthGrowth
16.1%8/10

16.1% revenue growth

PATK1 strengths · Avg: 10.0/10
EPS GrowthGrowth
92.3%10/10

Earnings expanding 92.3% YoY

Areas to Watch

LCII2 concerns · Avg: 3.0/10
Profit MarginProfitability
4.6%3/10

4.6% margin — thin

Operating MarginProfitability
3.8%3/10

Operating margin of 3.8%

PATK4 concerns · Avg: 3.0/10
P/E RatioValuation
28.7x4/10

Moderate valuation

Profit MarginProfitability
3.4%3/10

3.4% margin — thin

Debt/EquityHealth
1.393/10

Elevated debt levels

PEG RatioValuation
3.462/10

Expensive relative to growth rate

Comparative Analysis Report

WallStSmart Research

Bull Case : LCII

The strongest argument for LCII centers on EPS Growth, Altman Z-Score, P/E Ratio. Revenue growth of 16.1% demonstrates continued momentum. PEG of 1.04 suggests the stock is reasonably priced for its growth.

Bull Case : PATK

The strongest argument for PATK centers on EPS Growth.

Bear Case : LCII

The primary concerns for LCII are Profit Margin, Operating Margin. Thin 4.6% margins leave little buffer for downturns.

Bear Case : PATK

The primary concerns for PATK are P/E Ratio, Profit Margin, Debt/Equity. Thin 3.4% margins leave little buffer for downturns.

Key Dynamics to Monitor

LCII profiles as a growth stock while PATK is a value play — different risk/reward profiles.

LCII carries more volatility with a beta of 1.36 — expect wider price swings.

LCII is growing revenue faster at 16.1% — sustainability is the question.

PATK generates stronger free cash flow (113M), providing more financial flexibility.

Bottom Line

LCII scores higher overall (65/100 vs 55/100) and 16.1% revenue growth. PATK offers better value entry with a 20.1% margin of safety. Both earn "Buy" and "Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

LCI Industries

CONSUMER CYCLICAL · RECREATIONAL VEHICLES · USA

LCI Industries manufactures and supplies components to recreational vehicle (RV) manufacturers and adjacent industries in the United States and internationally. The company is headquartered in Elkhart, Indiana.

Patrick Industries Inc

CONSUMER CYCLICAL · RECREATIONAL VEHICLES · USA

Patrick Industries Inc. (PATK), headquartered in Elkhart, Indiana, is a leading manufacturer and distributor of component products tailored for the recreational vehicle, marine, manufactured housing, and industrial sectors. With a robust and diverse product portfolio that includes cabinetry, decorative surfaces, and building materials, the company capitalizes on its extensive industry experience to foster innovation and enhance operational efficiency. Patrick Industries is dedicated to sustainable practice and has a strategic focus on acquisitions, positioning the company to capture growing consumer demand in the recreational vehicle market, thus ensuring long-term growth and value creation for its shareholders.

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