LYTS

LSI Industries Inc.

48
Fundamentals59/ 100
Valuation38/ 100
Upside potential48/ 100
Risk potential26/ 100

LYTS trails on the overall score without a compensating advantage in the available component scores.

MSFT

Microsoft Corporation

76
Fundamentals75/ 100
Valuation69/ 100
Upside potential75/ 100
Risk potential10/ 100

MSFT has the edge over LYTS overall, supported by stronger valuation and stronger modeled upside.

LYTS Fundamentals

MetricStatus
Strong
Stable
Healthy
Under pressure

LYTS's revenue and cash flow are currently healthy, and its profitability is stable, but its balance sheet is under pressure.

MSFT Fundamentals

MetricStatus
Healthy
Strong
Healthy
Strong

MSFT's revenue, profitability, cash flow and balance sheet are all currently healthy.

LYTS PE Valuation

CHEAPFAIREXPENSIVE13x25x38x50x
CHEAPFAIREXPENSIVE13x25x38x50x
LevelPEPriceVs current
Cheap16x$10.33-32%
Fair23x$14.21-6.7%
Current24x$15.22—
Expensive31x$19.44+28%

Historical ranges are pointers, not guarantees.

LYTS's PE is in its fair range at 24x.

MSFT PE Valuation

CHEAPFAIREXPENSIVE11x21x32x42x
CHEAPFAIREXPENSIVE11x21x32x42x
LevelPEPriceVs current
Forward25x$523—
Cheap27x$525+0.4%
Current27x$523—
Fair34x$652+25%
Expensive37x$711+36%

Historical ranges are pointers, not guarantees.

MSFT has the edge over LYTS in the historical PE scenario, which offers more potential upside but is not a forecast.

LYTS Forward outlook

There aren't enough analyst estimates for LYTS to show an outlook.

MSFT Forward outlook

MetricOutlook
Improving
Strong growth
Strong growth
Stable
Moderate
High

Analysts expect strong earnings and revenue growth for MSFT, with profitability holding steady.

LYTS Risk to reward

ScenarioChangePrice
Upside+24%$18.88
Downside-26%$11.21

Calculated from the latest close: $15.22 on Nov 12.

LYTS trails MSFT on modeled risk to reward, with less potential upside and more potential downside.

MSFT Risk to reward

ScenarioChangePrice
Upside+28%$671.86
Downside-10%$472.97

Calculated from the latest close: $523.00 on Nov 12.

MSFT has a better modeled risk to reward balance than LYTS, with more potential upside and less potential downside.

LYTS Earnings Per Share

Q4 2023: $0.91Q1 2024: $0.93Q2 2024: $0.84Q3 2024: $0.79Q4 2024: $0.77Q1 2025: $0.72Q2 2025: $0.79Q3 2025: $0.80Q4 2025: $0.82Q1 2026: $0.75Q2 2026: $0.67Q3 2026: $0.63
Q4 2023: $0.91Q1 2024: $0.93Q2 2024: $0.84Q3 2024: $0.79Q4 2024: $0.77Q1 2025: $0.72Q2 2025: $0.79Q3 2025: $0.80Q4 2025: $0.82Q1 2026: $0.75Q2 2026: $0.67Q3 2026: $0.63
QuarterTTM EPSYoY
Q3 2026$0.63-21%
Q2 2026$0.67-15%
Q1 2026$0.75+4.2%
Q4 2025$0.82+6.5%
Q3 2025$0.80+1.3%
Q2 2025$0.79-6%
Q1 2025$0.72-23%
Q4 2024$0.77-15%

LYTS's earnings per share have fallen from their peak: $0.63 over the past year, against $0.93 in late 2023.

MSFT Earnings Per Share

Q4 2023: $11.05Q1 2024: $11.54Q2 2024: $11.80Q3 2024: $12.11Q4 2024: $12.41Q1 2025: $12.93Q2 2025: $13.64Q3 2025: $14.06Q4 2025: $15.99Q1 2026: $16.80Q2 2026: $17.95Q3 2026: $19.15Forward: $20.79
Q4 2023: $11.05Q1 2024: $11.54Q2 2024: $11.80Q3 2024: $12.11Q4 2024: $12.41Q1 2025: $12.93Q2 2025: $13.64Q3 2025: $14.06Q4 2025: $15.99Q1 2026: $16.80Q2 2026: $17.95Q3 2026: $19.15Forward: $20.79
QuarterTTM EPSYoY
Forward$20.79+8.6%
Q3 2026$19.15+36%
Q2 2026$17.95+32%
Q1 2026$16.80+30%
Q4 2025$15.99+29%
Q3 2025$14.06+16%
Q2 2025$13.64+16%
Q1 2025$12.93+12%
Q4 2024$12.41+12%

MSFT has the edge over LYTS on earnings, with more consistent year-over-year improvement.

LYTS Quarterly Revenue

Q4 2023: $109MQ1 2024: $108MQ2 2024: $129MQ3 2024: $138MQ4 2024: $148MQ1 2025: $132MQ2 2025: $155MQ3 2025: $157MQ4 2025: $147MQ1 2026: $151MQ2 2026: $235MQ3 2026: $226M
Q4 2023: $109MQ1 2024: $108MQ2 2024: $129MQ3 2024: $138MQ4 2024: $148MQ1 2025: $132MQ2 2025: $155MQ3 2025: $157MQ4 2025: $147MQ1 2026: $151MQ2 2026: $235MQ3 2026: $226M
QuarterRevenueYoY
Q3 2026$225.9M+44%
Q2 2026$234.6M+51%
Q1 2026$150.5M+14%
Q4 2025$147M-0.5%
Q3 2025$157.2M+14%
Q2 2025$155.1M+20%
Q1 2025$132.5M+22%
Q4 2024$147.7M+36%

LYTS's revenue is growing: $226M last quarter, up 44% from the same quarter a year ago.

MSFT Quarterly Revenue

Q4 2023: $62BQ1 2024: $61.9BQ2 2024: $64.7BQ3 2024: $65.6BQ4 2024: $69.6BQ1 2025: $70.1BQ2 2025: $76.4BQ3 2025: $77.7BQ4 2025: $81.3BQ1 2026: $82.9BQ2 2026: $90BQ3 2026: $92.3B
Q4 2023: $62BQ1 2024: $61.9BQ2 2024: $64.7BQ3 2024: $65.6BQ4 2024: $69.6BQ1 2025: $70.1BQ2 2025: $76.4BQ3 2025: $77.7BQ4 2025: $81.3BQ1 2026: $82.9BQ2 2026: $90BQ3 2026: $92.3B
QuarterRevenueYoY
Q3 2026$92.3B+19%
Q2 2026$90B+18%
Q1 2026$82.9B+18%
Q4 2025$81.3B+17%
Q3 2025$77.7B+18%
Q2 2025$76.4B+18%
Q1 2025$70.1B+13%
Q4 2024$69.6B+12%

MSFT's revenue has grown year over year every quarter since late 2020: $92.3B last quarter, up 19% from the same quarter a year ago.

LYTS Free Cash Flow

Q4 2023: $7MQ1 2024: $11MQ2 2024: $10MQ3 2024: $11MQ4 2024: $9MQ1 2025: $6MQ2 2025: $9MQ3 2025: −$291,000Q4 2025: $23MQ1 2026: $6MQ2 2026: $10MQ3 2026: $14M
Q4 2023: $7MQ1 2024: $11MQ2 2024: $10MQ3 2024: $11MQ4 2024: $9MQ1 2025: $6MQ2 2025: $9MQ3 2025: −$291,000Q4 2025: $23MQ1 2026: $6MQ2 2026: $10MQ3 2026: $14M
QuarterFree cash flowYoY
Q3 2026$13.8M+$14.1M
Q2 2026$9.8M+14%
Q1 2026$6.2M+0.5%
Q4 2025$23.3M+164%
Q3 2025-$291K-103%
Q2 2025$8.5M-17%
Q1 2025$6.2M-44%
Q4 2024$8.8M+21%

LYTS has the edge over MSFT on cash flow, with more consistent year-over-year improvement.

MSFT Free Cash Flow

Q4 2023: $9.1BQ1 2024: $21BQ2 2024: $23.3BQ3 2024: $19.3BQ4 2024: $6.5BQ1 2025: $20.3BQ2 2025: $25.6BQ3 2025: $25.7BQ4 2025: $5.9BQ1 2026: $15.8BQ2 2026: $19.6BQ3 2026: $18.6B
Q4 2023: $9.1BQ1 2024: $21BQ2 2024: $23.3BQ3 2024: $19.3BQ4 2024: $6.5BQ1 2025: $20.3BQ2 2025: $25.6BQ3 2025: $25.7BQ4 2025: $5.9BQ1 2026: $15.8BQ2 2026: $19.6BQ3 2026: $18.6B
QuarterFree cash flowYoY
Q3 2026$18.6B-27%
Q2 2026$19.6B-23%
Q1 2026$15.8B-22%
Q4 2025$5.9B-9.3%
Q3 2025$25.7B+33%
Q2 2025$25.6B+9.6%
Q1 2025$20.3B-3.2%
Q4 2024$6.5B-29%

MSFT's free cash flow has been positive every quarter for seven years: $60B over the past year, down 23% from the year before.

LYTS Total Shares

Q4 2023: 30MQ1 2024: 30MQ2 2024: 30MQ3 2024: 31MQ4 2024: 31MQ1 2025: 31MQ2 2025: 31MQ3 2025: 31MQ4 2025: 32MQ1 2026: 34MQ2 2026: 34MQ3 2026: 38M
Q4 2023: 30MQ1 2024: 30MQ2 2024: 30MQ3 2024: 31MQ4 2024: 31MQ1 2025: 31MQ2 2025: 31MQ3 2025: 31MQ4 2025: 32MQ1 2026: 34MQ2 2026: 34MQ3 2026: 38M
PeriodChange %Net change
Quarterly+12%+4.2M shares
1 year+21%+6.5M shares
3 years+26%+7.9M shares
5 years+37%+10.1M shares
Available history+43%+11.4M shares

LYTS has 38M diluted shares, up 21% from a year ago.

MSFT Total Shares

Q4 2023: 7.5BQ1 2024: 7.5BQ2 2024: 7.5BQ3 2024: 7.5BQ4 2024: 7.5BQ1 2025: 7.5BQ2 2025: 7.5BQ3 2025: 7.5BQ4 2025: 7.5BQ1 2026: 7.4BQ2 2026: 7.5BQ3 2026: 7.4B
Q4 2023: 7.5BQ1 2024: 7.5BQ2 2024: 7.5BQ3 2024: 7.5BQ4 2024: 7.5BQ1 2025: 7.5BQ2 2025: 7.5BQ3 2025: 7.5BQ4 2025: 7.5BQ1 2026: 7.4BQ2 2026: 7.5BQ3 2026: 7.4B
PeriodChange %Net change
Quarterly-0.1%-7M shares
1 year-0.3%-20M shares
3 years-0.2%-16M shares
5 years-1.6%-121M shares
Available history-3.2%-245M shares

MSFT has the edge over LYTS on shareholder dilution, with a more favorable share count trend.

LYTS Net Leverage

Q4 2023: 0.4xQ1 2024: 0.2xQ2 2024: 1.1xQ3 2024: 0.9xQ4 2024: 0.7xQ1 2025: 1.1xQ2 2025: 0.9xQ3 2025: 0.9xQ4 2025: 0.4xQ1 2026: 5.1xQ2 2026: 4.4xQ3 2026: 3.7x
Q4 2023: 0.4xQ1 2024: 0.2xQ2 2024: 1.1xQ3 2024: 0.9xQ4 2024: 0.7xQ1 2025: 1.1xQ2 2025: 0.9xQ3 2025: 0.9xQ4 2025: 0.4xQ1 2026: 5.1xQ2 2026: 4.4xQ3 2026: 3.7x
QuarterNet LeverageStatus
Q3 20263.7xElevated
Q2 20264.4xHigh
Q1 20265.1xHigh
Q4 20250.4xVery low
Q3 20250.9xVery low
Q2 20250.9xVery low
Q1 20251.1xHealthy
Q4 20240.7xVery low

LYTS's net debt is about 3.7 years of its operating earnings (EBITDA), up from less than a year a year ago.

MSFT Net Leverage

Q2 2026: 0.1xQ3 2026: 0.1x
Q2 2026: 0.1xQ3 2026: 0.1x
QuarterNet LeverageStatus
Q3 20260.1xVery low
Q2 20260.1xVery low

MSFT has the edge over LYTS on leverage, with a lower net debt burden relative to earnings.

LYTS Weekly Momentum

MetricValueStatus
RSI28.9Oversold
Stochastic6.2Oversold

LYTS's weekly RSI is 29 (oversold) and its Stochastic is 6 (oversold).

MSFT Weekly Momentum

MetricValueStatus
RSI62.1Neutral
Stochastic68.0Neutral

MSFT's weekly RSI is 62 (neutral) and its Stochastic is 68 (neutral).

LYTS PE vs Technology Sector

MetricLYTSSector medianRelative
PE24x28x13% below
PE %573522 pts above

LYTS has the edge over MSFT on valuation relative to its sector.

MSFT PE vs Technology Sector

MetricMSFTSector medianRelative
PE27x28x2% below
PE %163519 pts below

MSFT is trading at 27x earnings, in line with the Technology sector's median of 28x.

LYTS Weekly Moving Averages

Moving averageMA priceRelative
8 week MA$19.422% below
20 week MA$21.329% below
50 week MA$21.429% below
100 week MA$20.225% below
200 week MA$17.413% below

LYTS is in a downtrend: it's below all five of its weekly moving averages, and 13% below its 200-week average.

MSFT Weekly Moving Averages

Moving averageMA priceRelative
8 week MA$524.70.3% below
20 week MA$484.87.9% above
50 week MA$446.917% above
100 week MA$453.815% above
200 week MA$411.527% above

MSFT has the edge over LYTS on trend strength, trading above more of its moving averages.

LYTS Yearly ROI

YearStart priceEnd priceROI
2020$6.08$8.52+40%
2021$8.52$6.67-22%
2022$6.67$12.1+81%
2023$12.1$14.1+17%
2024$14.1$19.4+38%
2025$19.4$18.8-3.3%
2026 YTD$18.8$15.2-19%

LYTS has finished higher in four of the last six years. It's down 19% so far in 2026.

MSFT Yearly ROI

YearStart priceEnd priceROI
2020$159.0$222.8+40%
2021$222.8$334.7+50%
2022$334.7$238.7-29%
2023$238.7$376.0+58%
2024$376.0$430.5+14%
2025$430.5$487.7+13%
2026 YTD$487.7$523.0+7.2%

MSFT has the edge over LYTS on returns for 2026, with the stronger performance.

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