LCB

Logan Community Financial Services NSX:LCB Stock Report

Last Price

AU$0.50

Market Cap

AU$1.6m

7D

0%

1Y

n/a

Updated

08 Aug, 2022

Data

Company Financials
LCB fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance2/6
Financial Health1/6
Dividends3/6

LCB Stock Overview

Logan Community Financial Services Limited provides community banking services under management rights to operate franchised branches of Bendigo and Adelaide Bank Limited.

Logan Community Financial Services Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Logan Community Financial Services
Historical stock prices
Current Share PriceAU$0.50
52 Week HighAU$0.60
52 Week LowAU$0.50
Beta0.26
1 Month Change0%
3 Month Changen/a
1 Year Changen/a
3 Year Changen/a
5 Year Change0%
Change since IPO0%

Recent News & Updates

Shareholder Returns

LCBAU BanksAU Market
7D0%0.9%1.0%
1Yn/a-4.3%-7.9%

Return vs Industry: Insufficient data to determine how LCB performed against the Australian Banks industry.

Return vs Market: Insufficient data to determine how LCB performed against the Australian Market.

Price Volatility

Is LCB's price volatile compared to industry and market?
LCB volatility
LCB Average Weekly Movementn/a
Banks Industry Average Movement3.6%
Market Average Movement10.6%
10% most volatile stocks in AU Market17.5%
10% least volatile stocks in AU Market4.7%

Stable Share Price: Insufficient data to determine LCB's volatility over the past 3 months.

Volatility Over Time: Insufficient data to determine LCB's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
2002n/an/ahttps://www.bendigobank.com.au/loganholme

Logan Community Financial Services Limited provides community banking services under management rights to operate franchised branches of Bendigo and Adelaide Bank Limited. It operates in Loganholme, Browns Plains, Springwood, and Beenleigh. The company was incorporated in 2002 and is based in Shailer Park, Australia.

Logan Community Financial Services Fundamentals Summary

How do Logan Community Financial Services's earnings and revenue compare to its market cap?
LCB fundamental statistics
Market CapAU$1.60m
Earnings (TTM)AU$228.53k
Revenue (TTM)AU$3.55m

7.0x

P/E Ratio

0.6x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
LCB income statement (TTM)
RevenueAU$3.55m
Cost of RevenueAU$0
Gross ProfitAU$3.55m
Other ExpensesAU$3.32m
EarningsAU$228.53k

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.071
Gross Margin100.00%
Net Profit Margin6.44%
Debt/Equity Ratio0.08%

How did LCB perform over the long term?

See historical performance and comparison

Dividends

10.0%

Current Dividend Yield

70%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is LCB undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for LCB?

Other financial metrics that can be useful for relative valuation.

LCB key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue0.4x
Enterprise Value/EBITDA2.2x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does LCB's PE Ratio compare to its peers?

LCB PE Ratio vs Peers
The above table shows the PE ratio for LCB vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average19.9x
DCE Manningham Community Enterprises
11.1xn/aAU$1.3m
BBC BNK Banking
13.2xn/aAU$73.6m
N1H N1 Holdings
50.1xn/aAU$17.3m
SNBA Slatinska Banka d.d
5xn/aKn35.6m
LCB Logan Community Financial Services
7xn/aAU$1.6m

Price-To-Earnings vs Peers: LCB is good value based on its Price-To-Earnings Ratio (7x) compared to the peer average (19.9x).


Price to Earnings Ratio vs Industry

How does LCB's PE Ratio compare vs other companies in the Global Banks Industry?

Price-To-Earnings vs Industry: LCB is good value based on its Price-To-Earnings Ratio (7x) compared to the Australian Banks industry average (12.3x)


Price to Earnings Ratio vs Fair Ratio

What is LCB's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

LCB PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio7x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate LCB's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of LCB when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: LCB (A$0.5) is trading below our estimate of fair value (A$2.26)

Significantly Below Fair Value: LCB is trading below fair value by more than 20%.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


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Future Growth

How is Logan Community Financial Services forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


4.8%

Forecasted Banks 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 Logan Community Financial Services 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.


Discover growth companies

  • Examine whether Logan Community Financial Services is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.

Past Performance

How has Logan Community Financial Services performed over the past 5 years?

Past Performance Score

2/6

Past Performance Score 2/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


24.6%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: LCB has high quality earnings.

Growing Profit Margin: LCB's current net profit margins (6.4%) are lower than last year (9.8%).


Past Earnings Growth Analysis

Earnings Trend: LCB's earnings have grown significantly by 24.6% per year over the past 5 years.

Accelerating Growth: LCB's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: LCB had negative earnings growth (-38.4%) over the past year, making it difficult to compare to the Banks industry average (16.5%).


Return on Equity

High ROE: LCB's Return on Equity (9%) is considered low.


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Financial Health

How is Logan Community Financial Services's financial position? (This company is analysed differently as a bank or financial institution)

Financial Health Score

1/6

Financial Health Score 1/6

  • Asset Level

  • Allowance for Bad Loans

  • Low Risk Liabilities

  • Loan Level

  • Low Risk Deposits

  • Level of Bad Loans

Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet


Financial Institutions Analysis

Asset Level: LCB's Assets to Equity ratio (1.4x) is low.

Allowance for Bad Loans: Insufficient data to determine if LCB has a sufficient allowance for bad loans.

Low Risk Liabilities: LCB reports no customer deposits, 100% of its liabilities are made up of higher risk sources of funding.

Loan Level: Insufficient data to determine if LCB has an appropriate level of Loans to Assets ratio.

Low Risk Deposits: LCB reports no customer deposits, loans are made up entirely of externally borrowed funds.

Level of Bad Loans: Insufficient data to determine if LCB has an appropriate level of bad loans.


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Dividend

What is Logan Community Financial Services's current dividend yield, its reliability and sustainability?

Dividend Score

3/6

Dividend Score 3/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


10.00%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: LCB's dividend (10%) is higher than the bottom 25% of dividend payers in the Australian market (2.62%).

High Dividend: LCB's dividend (10%) is in the top 25% of dividend payers in the Australian market (6.24%)


Stability and Growth of Payments

Stable Dividend: LCB has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: LCB's dividend payments have increased, but the company has only paid a dividend for 7 years.


Current Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (70%), LCB's dividend payments are covered by earnings.


Future Payout to Shareholders

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


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Management

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

4.6yrs

Average board tenure


CEO

Logan Community Financial Services has no CEO, or we have no data on them.


Board Members

Experienced Board: LCB's board of directors are considered experienced (4.6 years average tenure).


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.


Recent Insider Transactions

Ownership Breakdown

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


Top Shareholders

Company Information

Logan Community Financial Services Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Logan Community Financial Services Limited
  • Ticker: LCB
  • Exchange: NSX
  • Founded: 2002
  • Industry: Regional Banks
  • Sector: Banks
  • Implied Market Cap: AU$1.600m
  • Shares outstanding: 3.20m
  • Website: https://www.bendigobank.com.au/loganholme

Location

  • Logan Community Financial Services Limited
  • 54 Bryants Road
  • Unit 1
  • Shailer Park
  • Queensland
  • 4128
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/08 00:00
End of Day Share Price2022/05/26 00:00
Earnings2021/12/31
Annual Earnings2021/06/30


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.