LRCXLam Research

$318.81+154% 1Y

$318.81

$126.2252 weeks$409.54

Is the price fair?

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A demanding price: priced for +27% a year vs +10% a year delivered, at the top of its own P/E range, and rich vs its sector.

3 to watch

What the price assumes~+27% a year

Priced for ~27% a year FCF growth. The price demands more than its three-year revenue growth of 10% a year, priced for acceleration.

Vs its own P/E rangedearest in 40 quartersderived

Expensive vs its own history: P/E 55.4 vs a 18.1 median over 40 quarters (+206% vs median).

Vs sector (EV/EBIT)59.1×

Sector median 30.5× across 203 covered peers. EV/EBIT counts debt as part of the price, so a cash-rich and a borrowed company can be compared on the same footing.

Unless marked, from derived, as of Jun 28, 2026.

Against the whole market›

Percentile against every name Ryufin tracks. Higher is better; the tick marks the middle of the market. Context, not one of the checks above.

P/E (valuation)behind 89% of the market

FCF yieldbottom 6% of the market

Where this answer is blind. The growth-implied estimate assumes a fixed discount rate; capital-heavy sectors look structurally rich on it.

What LRCX's price assumes

Lam Research trades at 55.4× earnings against 53.4× for the median Semiconductor Equipment & Materials name, more expensive than its own group.

55.4

Trailing P/E · Semiconductor Equipment & Materials median 53.4 · 1.04× the median: the market pays up for this one

Price / sales: 20.9
Price / sales · today's price, trailing year to Jun 28, 2026
Free cash flow yield: 1.0%
Free cash flow yield · Semiconductor Equipment & Materials median 1.2%
Growth the price implies: +27%
Growth the price implies · The price pays for +27% free cash flow growth a year for a decade; the business has delivered +1.5% a year over the last three.