LaserBond
Market Cap
AU$68.4m
Last Updated
2020/10/31 10:40 UTC
Data Sources
Company Financials +
Executive Summary
LaserBond Limited, a surface engineering company, engages in the development and application of materials, technologies, and methodologies to enhance operating performance and wear life of capital-intensive machinery components. More Details
Rewards
Risk Analysis
Snowflake Analysis
Exceptional growth potential with flawless balance sheet.
Share Price & News
How has LaserBond's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: LBL's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
0%
LBL
-4.9%
AU Machinery
-3.9%
AU Market
1 Year Return
-6.5%
LBL
-2.3%
AU Machinery
-9.6%
AU Market
Return vs Industry: LBL underperformed the Australian Machinery industry which returned -2.3% over the past year.
Return vs Market: LBL exceeded the Australian Market which returned -9.6% over the past year.
Shareholder returns
| LBL | Industry | Market | |
|---|---|---|---|
| 7 Day | 0% | -4.9% | -3.9% |
| 30 Day | 11.7% | 12.8% | 1.8% |
| 90 Day | 62.5% | 42.1% | 1.7% |
| 1 Year | -4.2%-6.5% | -0.7%-2.3% | -6.4%-9.6% |
| 3 Year | 498.6%450.0% | 2.8%0.03% | 12.3%-1.9% |
| 5 Year | 739.2%615.0% | 153.2%112.2% | 40.0%11.3% |
Price Volatility Vs. Market
How volatile is LaserBond's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall St
Is LaserBond Limited's (ASX:LBL) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?1 month ago | Simply Wall St
Market Still Lacking Some Conviction On LaserBond Limited (ASX:LBL)1 month ago | Simply Wall St
Should You Use LaserBond's (ASX:LBL) Statutory Earnings To Analyse It?Valuation
Is LaserBond undervalued compared to its fair value and its price relative to the market?
24.32x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: LBL (A$0.72) is trading above our estimate of fair value (A$0.5)
Significantly Below Fair Value: LBL is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: LBL is poor value based on its PE Ratio (24.3x) compared to the AU Machinery industry average (19.1x).
PE vs Market: LBL is poor value based on its PE Ratio (24.3x) compared to the Australian market (20.5x).
Price to Earnings Growth Ratio
PEG Ratio: LBL is good value based on its PEG Ratio (1x)
Price to Book Ratio
PB vs Industry: LBL is overvalued based on its PB Ratio (5.6x) compared to the AU Machinery industry average (1.9x).
Next Steps
Future Growth
How is LaserBond forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
25.5%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: LBL's forecast earnings growth (25.5% per year) is above the savings rate (2.3%).
Earnings vs Market: LBL's earnings (25.5% per year) are forecast to grow faster than the Australian market (17.6% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: LBL's revenue (24% per year) is forecast to grow faster than the Australian market (4.8% per year).
High Growth Revenue: LBL's revenue (24% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: LBL's Return on Equity is forecast to be high in 3 years time (27.6%)
Next Steps
Past Performance
How has LaserBond performed over the past 5 years?
49.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: LBL has high quality earnings.
Growing Profit Margin: LBL's current net profit margins (12.6%) are higher than last year (12.4%).
Past Earnings Growth Analysis
Earnings Trend: LBL's earnings have grown significantly by 49.6% per year over the past 5 years.
Accelerating Growth: LBL's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: LBL had negative earnings growth (-0.2%) over the past year, making it difficult to compare to the Machinery industry average (39.3%).
Return on Equity
High ROE: LBL's Return on Equity (22.9%) is considered high.
Next Steps
Financial Health
How is LaserBond's financial position?
Financial Position Analysis
Short Term Liabilities: LBL's short term assets (A$11.8M) exceed its short term liabilities (A$4.6M).
Long Term Liabilities: LBL's short term assets (A$11.8M) exceed its long term liabilities (A$6.8M).
Debt to Equity History and Analysis
Debt Level: LBL is debt free.
Reducing Debt: LBL has not had any debt for past 5 years.
Debt Coverage: LBL has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: LBL has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Next Steps
Dividend
What is LaserBond current dividend yield, its reliability and sustainability?
1.68%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: LBL's dividend (1.68%) isn’t notable compared to the bottom 25% of dividend payers in the Australian market (2.23%).
High Dividend: LBL's dividend (1.68%) is low compared to the top 25% of dividend payers in the Australian market (5.53%).
Stability and Growth of Payments
Stable Dividend: LBL has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: LBL's dividend payments have increased, but the company has only paid a dividend for 9 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (37.4%), LBL's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: LBL's dividends in 3 years are forecast to be well covered by earnings (24.2% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.0yrs
Average management tenure
CEO
Wayne Hooper
no data
Tenure
AU$367,749
Compensation
Mr. Wayne Edward Hooper, GAICD serves as Chief Executive Officer and Director at Laserbond Limited & joined in 1994. He is a Professional Engineer with significant technical and management experience withi ...
CEO Compensation Analysis
Compensation vs Market: Wayne's total compensation ($USD258.81K) is about average for companies of similar size in the Australian market ($USD274.23K).
Compensation vs Earnings: Wayne's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | no data | AU$367.75k | 12.92% A$ 8.8m | |
| Founder & Technical Consultant | no data | AU$350.02k | 9.71% A$ 6.6m | |
| CFO, Company Secretary & Executive Director | 0.25yr | AU$170.86k | 0.076% A$ 51.7k | |
| Sales Manager | 0.75yr | no data | no data | |
| Head of Human Resources and Workplace Health & Safety | no data | no data | no data | |
| Head of the R&D Department | 3yrs | no data | no data |
3.0yrs
Average Tenure
Experienced Management: LBL's management team is considered experienced (3 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
LaserBond Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: LaserBond Limited
- Ticker: LBL
- Exchange: ASX
- Founded: 1992
- Industry: Industrial Machinery
- Sector: Capital Goods
- Market Cap: AU$68.406m
- Shares outstanding: 95.67m
- Website: https://www.laserbond.com.au
Number of Employees
Location
- LaserBond Limited
- 2/57 Anderson Road
- Smeaton Grange
- Sydney
- New South Wales
- 2567
- Australia
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| LBL | ASX (Australian Securities Exchange) | Yes | Ordinary Shares | AU | AUD | Dec 2007 |
| LBL | CHIA (Chi-X Australia) | Yes | Ordinary Shares | AU | AUD | Dec 2007 |
Biography
LaserBond Limited, a surface engineering company, engages in the development and application of materials, technologies, and methodologies to enhance operating performance and wear life of capital-intensiv ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/10/31 10:40 |
| End of Day Share Price | 2020/10/30 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2020/06/30 |
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.