WBAG:LTH

Stock Analysis Report

Executive Summary

Linz Textil Holding AG manufactures semi-finished textile and terry products in Austria.


Snowflake Analysis

Excellent balance sheet with proven track record.

Share Price & News

How has Linz Textil Holding's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: LTH has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-3.6%

LTH

-1.9%

AT Luxury

-1.3%

AT Market


1 Year Return

n/a

LTH

21.1%

AT Luxury

3.4%

AT Market

Return vs Industry: Insufficient data to determine how LTH performed against the Austrian Luxury industry.

Return vs Market: Insufficient data to determine how LTH performed against the Austrian Market.


Shareholder returns

LTHIndustryMarket
7 Day-3.6%-1.9%-1.3%
30 Day-3.6%-3.4%-0.2%
90 Day-6.9%-0.5%-1.2%
1 Yearn/a24.2%21.1%7.2%3.4%
3 Year-23.2%-37.2%74.3%63.1%27.3%15.8%
5 Year-4.8%-31.5%106.7%85.1%51.3%30.3%

Price Volatility Vs. Market

How volatile is Linz Textil Holding's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Linz Textil Holding undervalued compared to its fair value and its price relative to the market?

9.94x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: LTH (€270) is trading above our estimate of fair value (€269.36)

Significantly Below Fair Value: LTH is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: LTH is good value based on its PE Ratio (9.9x) compared to the Luxury industry average (18.3x).

PE vs Market: LTH is good value based on its PE Ratio (9.9x) compared to the Austrian market (14.1x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate LTH's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: LTH is good value based on its PB Ratio (1.1x) compared to the XE Luxury industry average (1.1x).


Next Steps

Future Growth

How is Linz Textil Holding forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

12.7%

Forecasted Consumer Durables industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Linz Textil Holding has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Linz Textil Holding performed over the past 5 years?

28.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: LTH has a large one-off gain of €5.7M impacting its June 30 2019 financial results.

Growing Profit Margin: LTH's current net profit margins (8.3%) are higher than last year (2%).


Past Earnings Growth Analysis

Earnings Trend: LTH's earnings have grown significantly by 28.9% per year over the past 5 years.

Accelerating Growth: LTH's earnings growth over the past year (269.7%) exceeds its 5-year average (28.9% per year).

Earnings vs Industry: LTH earnings growth over the past year (269.7%) exceeded the Luxury industry -11.5%.


Return on Equity

High ROE: LTH's Return on Equity (10.8%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Linz Textil Holding's financial position?


Financial Position Analysis

Short Term Liabilities: LTH's short term assets (€43.5M) exceed its short term liabilities (€11.1M).

Long Term Liabilities: LTH's short term assets (€43.5M) exceed its long term liabilities (€14.2M).


Debt to Equity History and Analysis

Debt Level: LTH's debt to equity ratio (11%) is considered satisfactory.

Reducing Debt: LTH's debt to equity ratio has increased from 4.8% to 11% over the past 5 years.

Debt Coverage: LTH's debt is well covered by operating cash flow (143.3%).

Interest Coverage: LTH earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet

Inventory Level: LTH has a high level of physical assets or inventory.

Debt Coverage by Assets: LTH's debt is covered by short term assets (assets are 5.2x debt).


Next Steps

Dividend

What is Linz Textil Holding's current dividend yield, its reliability and sustainability?

1.48%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: LTH's dividend (1.48%) isn’t notable compared to the bottom 25% of dividend payers in the Austrian market (1.58%).

High Dividend: LTH's dividend (1.48%) is low compared to the top 25% of dividend payers in the Austrian market (4.58%).


Stability and Growth of Payments

Stable Dividend: LTH's dividend payments have been volatile in the past 10 years.

Growing Dividend: LTH's dividend payments have not increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (14.7%), LTH's dividend payments are thoroughly covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.9yrs

Average board tenure


CEO

Linz Textil Holding has no CEO, or we have no data on them.


Board Members

NamePositionTenureCompensationOwnership
Anton Schneider
Chairman of Supervisory Board2.9yrsno datano data
Andreas Gassner
Member of the Supervisory Board37.6yrsno datano data
Günther Grassner
Deputy Chairman of Supervisory Board2.9yrsno datano data

2.9yrs

Average Tenure

68yo

Average Age

Experienced Board: LTH's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Linz Textil Holding AG's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Linz Textil Holding AG
  • Ticker: LTH
  • Exchange: WBAG
  • Founded: 1838
  • Industry: Textiles
  • Sector: Consumer Durables
  • Market Cap: €81.000m
  • Shares outstanding: 300.00k
  • Website: https://www.linz-textil.com

Number of Employees


Location

  • Linz Textil Holding AG
  • Wiener Strasse 435
  • Linz
  • Upper Austria
  • 4030
  • Austria

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
LTHWBAG (Wiener Boerse AG)YesOrdinary SharesATEURJan 1992

Biography

Linz Textil Holding AG manufactures semi-finished textile and terry products in Austria. The company provides yarns for fashion apparels, lining, lounge and homewear, underwear, home and technical textiles, terry goods, medical products, functional clothing, work wear, and synthetic fabrics. The company also offers fabrics that are used for professional and protective clothing; technical fabrics, such as abrasives, adhesive tapes, tarpaulins, composites, and visual and sun protection; home and eco-textiles; and book covers. In addition, the company offers range of terry products under the VOSSEN brand, which comprises of towels, bathrobes, bath rugs, kids, wellness, and beach products. Linz Textil Holding AG was founded in 1838 and is headquartered in Linz, Austria. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/23 20:56
End of Day Share Price2020/02/21 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.