# Lumentum CDR (LUME.TO) fundamentals

Data as of 2026-11-04. TSX, Canada. Sector: null. Price C$14.46, market value C$86.6 billion.

## Valuation
- **P/E (trailing): n/a** (negative earnings). Lumentum CDR reported negative earnings over the last twelve months, so the P/E is not meaningful; use price-to-sales, EV/EBITDA and free-cash-flow yield instead.
- **Price / sales: 28.7×**. Each dollar of revenue is priced at 28.7×, a level that requires very high margins or very fast growth to justify.
- **Price / book: 18.6×**. The shares trade at 18.6× book value; most of the value is in earnings power and intangibles rather than the balance sheet.
- **Free-cash-flow yield: 0.3%**. Free cash flow equals 0.3% of the market value.

## Profitability
- **Gross margin: 41.7%**. Lumentum CDR keeps 41.7% of revenue after the direct cost of what it sells.
- **Operating margin: 17.8%**. 17.8% of revenue is left after running the business, a healthy level in most sectors.
- **Net margin: -230.1%**. The company reported a net loss over the last twelve months.
- **Return on equity: -149.3%**. Return on equity is negative because earnings are negative.
- **Return on invested capital: 14.5%**. Return on all capital, debt included, is 14.5%.
- **Return on assets: -94.9%**. Each dollar of assets produces -94.9% of profit.

## Growth
- **Revenue growth (1 yr): 83.2%** (3-yr 19.5%/yr). Revenue grew 83.2% over the last year.
- **Free-cash-flow growth (3 yr): 80.2%/yr**. Free cash flow has compounded at 80.2% a year over three years.

## Financial health
- **Debt to equity: 0.36**. Debt is 0.36 times equity: a conservative balance sheet.
- **Net debt / EBITDA: 0.2×**. It would take 0.2 years of operating earnings to repay net borrowings, within the comfortable range.
- **Interest coverage: 24.6×**. Operating profit covers interest 24.6× over, a safe margin.
- **Current ratio: 1.68** (quick 1.40). Current assets cover the next year's liabilities 1.68 times.
- **Altman Z-score: 26.04**. A Z-score of 26.04 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 5/9**. 5 of 9 checks pass: mixed.

## Dividends
- **Dividend: none**. Lumentum CDR does not currently pay a dividend.

## Price and momentum
- **From 52-week high: -28.8%** (1.1% above the low). Trading 29% below its 52-week high.

Live score and charts: https://foliofundamentals.com/analyzer?s=LUME.TO · Page: https://foliofundamentals.com/stocks/lume.to

Not investment advice.