Board Change • May 20
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non-Executive Director Bruce Carter was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Aankondiging • Jan 22
Lovisa Holdings Limited to Report First Half, 2026 Results on Feb 19, 2026 Lovisa Holdings Limited announced that they will report first half, 2026 results on Feb 19, 2026 Aankondiging • Oct 22
Lovisa Holdings Limited, Annual General Meeting, Nov 21, 2025 Lovisa Holdings Limited, Annual General Meeting, Nov 21, 2025. Location: clayton utz, level 18, 333 collins street, melbourne Australia Aankondiging • Jul 18
Lovisa Holdings Limited to Report Fiscal Year 2025 Results on Aug 27, 2025 Lovisa Holdings Limited announced that they will report fiscal year 2025 results on Aug 27, 2025 Aankondiging • Feb 24
Lovisa Holdings Limited Announces Ordinary Dividend for the Six Months Ended December 29, 2024, Payable on April 10, 2025 Lovisa Holdings Limited announced ordinary dividend of AUD 0.50000000 per share for the six months ended December 29, 2024. Record Date is March 7, 2025. Ex Date is March 6, 2025. Payment Date is April 10, 2025. Aankondiging • Jan 30
Lovisa Holdings Limited Announces Acknowledgement of Class Action Proceedings Lovisa Holdings Limited has been served with a representative class action proceeding that has been filed in the Federal Court of Australia by Adero Law in relation to allegations against Lovisa of underpayment of staff during the period from 23rd January 2019 to 23rd January 2025 and related claims. The Company takes its obligations under the Fair Work Act and the Lovisa Enterprise Agreements of 2014 and 2022 very seriously, including obligations to pay overtime, and has processes in place to monitor compliance with employment laws. Lovisa intends to defend the class action proceedings and will provide further updates to the market as and when appropriate. Aankondiging • Jan 22
Lovisa Holdings Limited to Report First Half, 2025 Results on Feb 24, 2025 Lovisa Holdings Limited announced that they will report first half, 2025 results on Feb 24, 2025 Valuation Update With 7 Day Price Move • Oct 22
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to €18.40, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 7x in the Specialty Retail industry in Germany. Total returns to shareholders of 50% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €17.74 per share. Aankondiging • Oct 22
Lovisa Holdings Limited, Annual General Meeting, Nov 22, 2024 Lovisa Holdings Limited, Annual General Meeting, Nov 22, 2024. Location: offices of clayton, utz, level 18, 333 collins street, melbourne Australia Buy Or Sell Opportunity • Oct 15
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 6.9% to €21.80. The fair value is estimated to be €17.81, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 27% over the last 3 years. Earnings per share has grown by 28%. For the next 3 years, revenue is forecast to grow by 12% per annum. Earnings are also forecast to grow by 16% per annum over the same time period. Buy Or Sell Opportunity • Sep 27
Now 24% overvalued after recent price rise Over the last 90 days, the stock has risen 10.0% to €22.00. The fair value is estimated to be €17.78, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 27% over the last 3 years. Earnings per share has grown by 28%. For the next 3 years, revenue is forecast to grow by 12% per annum. Earnings are also forecast to grow by 16% per annum over the same time period. Recent Insider Transactions • Sep 06
Non-Executive Director recently sold €9.6m worth of stock On the 2nd of September, Tracey Blundy sold around 500k shares on-market at roughly €19.17 per share. This transaction amounted to 43% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Valuation Update With 7 Day Price Move • Sep 02
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to €18.60, the stock trades at a forward P/E ratio of 33x. Average forward P/E is 6x in the Specialty Retail industry in Germany. Total returns to shareholders of 72% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €17.74 per share. Declared Dividend • Aug 29
Final dividend of AU$0.37 announced Shareholders will receive a dividend of AU$0.37. Ex-date: 13th September 2024 Payment date: 17th October 2024 Dividend yield will be 3.5%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is not covered by earnings (115% earnings payout ratio). However, it is covered by cash flows (64% cash payout ratio). The dividend has increased by an average of 21% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 28% to bring the payout ratio under control. EPS is expected to grow by 54% over the next 3 years, which is sufficient to bring the dividend into a sustainable range. Reported Earnings • Aug 28
Full year 2024 earnings released: EPS: AU$0.75 (vs AU$0.63 in FY 2023) Full year 2024 results: EPS: AU$0.75 (up from AU$0.63 in FY 2023). Revenue: AU$698.7m (up 17% from FY 2023). Net income: AU$82.4m (up 21% from FY 2023). Profit margin: 12% (in line with FY 2023). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth. Aankondiging • Jul 17
Lovisa Holdings Limited to Report Fiscal Year 2024 Results on Aug 27, 2024 Lovisa Holdings Limited announced that they will report fiscal year 2024 results on Aug 27, 2024 Valuation Update With 7 Day Price Move • Apr 19
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to €17.30, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 2x in the Specialty Retail industry in Germany. Total returns to shareholders of 101% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €30.45 per share. Valuation Update With 7 Day Price Move • Feb 28
Investor sentiment improves as stock rises 26% After last week's 26% share price gain to €18.70, the stock trades at a forward P/E ratio of 37x. Average forward P/E is 2x in the Specialty Retail industry in Germany. Total returns to shareholders of 116% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €30.59 per share. Upcoming Dividend • Feb 27
Upcoming dividend of AU$0.50 per share Eligible shareholders must have bought the stock before 05 March 2024. Payment date: 18 April 2024. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 2.2%. Lower than top quartile of German dividend payers (5.2%). Lower than average of industry peers (3.2%). Declared Dividend • Feb 25
First half dividend of AU$0.50 announced Shareholders will receive a dividend of AU$0.50. Ex-date: 5th March 2024 Payment date: 18th April 2024 Dividend yield will be 4.0%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is not covered by earnings (119% earnings payout ratio). However, it is covered by cash flows (71% cash payout ratio). The dividend has increased by an average of 20% per year over the past 9 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 32% to bring the payout ratio under control. EPS is expected to grow by 62% over the next 3 years, which is sufficient to bring the dividend into a sustainable range. Reported Earnings • Feb 23
First half 2024 earnings released: EPS: AU$0.49 (vs AU$0.44 in 1H 2023) First half 2024 results: EPS: AU$0.49 (up from AU$0.44 in 1H 2023). Revenue: AU$373.0m (up 18% from 1H 2023). Net income: AU$53.5m (up 12% from 1H 2023). Profit margin: 14% (in line with 1H 2023). Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth. Aankondiging • Feb 02
Lovisa Holdings Limited to Report First Half, 2024 Results on Feb 22, 2024 Lovisa Holdings Limited announced that they will report first half, 2024 results on Feb 22, 2024 Aankondiging • Sep 07
Lovisa Holdings Limited, Annual General Meeting, Nov 22, 2023 Lovisa Holdings Limited, Annual General Meeting, Nov 22, 2023, at 09:30 AUS Eastern Standard Time. Location: the offices of KPMG, Level 36, Tower 2, 727 Collins Street, Melbourne, Room 14 & 15 Melbourne Australia Agenda: To discuss Financial and other reports; to discuss Adoption of Remuneration Report; to discuss Re-election of Directors; to discuss Re-insertion of proportional takeover approval provisions; and to discuss Approval of increase in Non-Executive Directors' Fee Pool. Upcoming Dividend • Sep 05
Upcoming dividend of AU$0.31 per share at 3.1% yield Eligible shareholders must have bought the stock before 12 September 2023. Payment date: 19 October 2023. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 3.1%. Lower than top quartile of German dividend payers (4.8%). Higher than average of industry peers (2.7%). Aankondiging • Aug 24
Lovisa Holdings Limited Declares Fully Franked Dividend for the Six Months Ended July 2, 2023, Payable on October 19, 2023 Lovisa Holdings Limited declared fully franked ordinary dividend of AUD 0.31000000 per share for the six months ended July 2, 2023. Ex-Date is September 12, 2023, record date is September 13, 2023 and payment date is October 19, 2023. Reported Earnings • Aug 24
Full year 2023 earnings released: EPS: AU$0.63 (vs AU$0.54 in FY 2022) Full year 2023 results: EPS: AU$0.63 (up from AU$0.54 in FY 2022). Revenue: AU$596.5m (up 30% from FY 2022). Net income: AU$68.2m (up 17% from FY 2022). Profit margin: 11% (down from 13% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has only increased by 45% per year, which means it is significantly lagging earnings growth. Aankondiging • Jul 25
Lovisa Holdings Limited to Report Fiscal Year 2023 Results on Aug 24, 2023 Lovisa Holdings Limited announced that they will report fiscal year 2023 results at 10:00 AM, AUS Eastern Standard Time on Aug 24, 2023 Valuation Update With 7 Day Price Move • May 26
Investor sentiment deteriorates as stock falls 22% After last week's 22% share price decline to €11.80, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 9x in the Specialty Retail industry in Germany. Total returns to shareholders of 165% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €14.09 per share. Buying Opportunity • May 23
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 4.5%. The fair value is estimated to be €19.06, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 30% over the last 3 years. Earnings per share has grown by 51%. Revenue is forecast to grow by 47% in 2 years. Earnings is forecast to grow by 63% in the next 2 years. Upcoming Dividend • Feb 28
Upcoming dividend of AU$0.38 per share at 3.1% yield Eligible shareholders must have bought the stock before 07 March 2023. Payment date: 20 April 2023. The company is paying out more than 100% of its profits and is paying out 81% of its cash flow. Trailing yield: 3.1%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (4.0%). Reported Earnings • Feb 22
First half 2023 earnings released: EPS: AU$0.44 (vs AU$0.34 in 1H 2022) First half 2023 results: EPS: AU$0.44 (up from AU$0.34 in 1H 2022). Revenue: AU$315.5m (up 45% from 1H 2022). Net income: AU$47.7m (up 32% from 1H 2022). Profit margin: 15% (down from 17% in 1H 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has only increased by 36% per year, which means it is significantly lagging earnings growth. Aankondiging • Jan 30
Lovisa Holdings Limited to Report First Half, 2023 Results on Feb 22, 2023 Lovisa Holdings Limited announced that they will report first half, 2023 results on Feb 22, 2023 Upcoming Dividend • Sep 07
Upcoming dividend of AU$0.37 per share Eligible shareholders must have bought the stock before 14 September 2022. Payment date: 20 October 2022. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 3.2%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (4.4%). Reported Earnings • Aug 30
Full year 2022 earnings released: EPS: AU$0.54 (vs AU$0.23 in FY 2021) Full year 2022 results: EPS: AU$0.54 (up from AU$0.23 in FY 2021). Revenue: AU$458.7m (up 59% from FY 2021). Net income: AU$58.4m (up 135% from FY 2021). Profit margin: 13% (up from 8.6% in FY 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 23%, compared to a 10% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has increased by 19% per year whereas the company’s share price has increased by 20% per year. Valuation Update With 7 Day Price Move • Jul 08
Investor sentiment improved over the past week After last week's 15% share price gain to €10.50, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 10x in the Specialty Retail industry in Europe. Total returns to shareholders of 60% over the past three years. Valuation Update With 7 Day Price Move • Mar 02
Investor sentiment improved over the past week After last week's 25% share price gain to €13.00, the stock trades at a forward P/E ratio of 36x. Average forward P/E is 12x in the Specialty Retail industry in Europe. Total returns to shareholders of 131% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €24.34 per share. Upcoming Dividend • Mar 01
Upcoming dividend of AU$0.37 per share Eligible shareholders must have bought the stock before 08 March 2022. Payment date: 21 April 2022. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 1.8%. Lower than top quartile of German dividend payers (3.4%). Lower than average of industry peers (2.4%). Reported Earnings • Feb 25
First half 2022 earnings: EPS in line with analyst expectations despite revenue beat First half 2022 results: EPS: AU$0.34 (up from AU$0.18 in 1H 2021). Revenue: AU$217.8m (up 48% from 1H 2021). Net income: AU$36.2m (up 85% from 1H 2021). Profit margin: 17% (up from 13% in 1H 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.5%. Over the next year, revenue is forecast to grow 28%, compared to a 16% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 24% per year, which means it is well ahead of earnings. Board Change • Dec 31
High number of new directors CEO & Director Victor Herrero was the last director to join the board, commencing their role in 2021. Recent Insider Transactions • Dec 04
CEO & Director recently bought €629k worth of stock On the 1st of December, Victor Herrero bought around 50k shares on-market at roughly €12.63 per share. This was the largest purchase by an insider in the last 3 months. This was Victor's only on-market trade for the last 12 months. Board Change • Nov 02
High number of new directors Director Victor Herrero was the last director to join the board, commencing their role in 2021. Upcoming Dividend • Sep 08
Upcoming dividend of AU$0.18 per share Eligible shareholders must have bought the stock before 15 September 2021. Payment date: 21 October 2021. Trailing yield: 1.9%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (2.2%). Reported Earnings • Aug 27
Full year 2021 earnings released: EPS AU$0.23 (vs AU$0.11 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: AU$288.0m (up 19% from FY 2020). Net income: AU$24.8m (up 121% from FY 2020). Profit margin: 8.6% (up from 4.6% in FY 2020). Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has increased by 23% per year, which means it is well ahead of earnings. Upcoming Dividend • Mar 02
Upcoming Dividend of AU$0.20 Per Share Will be paid on the 22nd of April to those who are registered shareholders by the 9th of March. The trailing yield of 2.7% is below the top quartile of German dividend payers (3.4%), and is lower than industry peers (4.1%). Recent Insider Transactions • Feb 28
MD & Executive Director recently sold €18m worth of stock On the 23rd of February, Shane Fallscheer sold around 2m shares on-market at roughly €9.65 per share. This was the largest sale by an insider in the last 3 months. Shane has been a seller over the last 12 months, reducing personal holdings by €21m. Reported Earnings • Feb 20
First half 2021 earnings released: EPS AU$0.18 (vs AU$0.25 in 1H 2020) The company reported a poor first half result with weaker earnings, revenues and profit margins. First half 2021 results: Revenue: AU$146.9m (down 9.8% from 1H 2020). Net income: AU$19.6m (down 27% from 1H 2020). Profit margin: 13% (down from 16% in 1H 2020). Is New 90 Day High Low • Feb 08
New 90-day high: €7.60 The company is up 26% from its price of €6.05 on 10 November 2020. The German market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Specialty Retail industry, which is up 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €12.73 per share. Is New 90 Day High Low • Sep 29
New 90-day high: €4.90 The company is up 42% from its price of €3.46 on 01 July 2020. The German market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Specialty Retail industry, which is up 22% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €10.47 per share. 
