Laserbond
Market Cap
AU$53.4m
Last Updated
2019/08/21 10:35 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.
Snowflake
Fundamentals
Flawless balance sheet with outstanding track record.
Risks
- Laserbond has significant price volatility in the past 3 months.
- Laserbond is not covered by any analysts.
Share Price & News
How has Laserbond's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
15.0%
ASX:LBL
0.5%
AU Machinery
-0.4%
AU Market
1 Year Return
248.5%
ASX:LBL
-0.9%
AU Machinery
2.1%
AU Market
LBL outperformed the Machinery industry which returned -0.9% over the past year.
LBL outperformed the Market in Australia which returned 2.1% over the past year.
Share holder returns
| LBL | Industry | Market | |
|---|---|---|---|
| 7 Day | 15.0% | 0.5% | -0.4% |
| 30 Day | 12.7% | -10.4% | -2.5% |
| 90 Day | 40.2% | 8.6% | 0.5% |
| 1 Year | 261.2%248.5% | -0.4%-0.9% | 8.0%2.1% |
| 3 Year | 507.7%447.6% | -25.9%-26.4% | 32.4%14.9% |
| 5 Year | 531.3%422.7% | -14.7%-31.9% | 39.6%8.3% |
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
1 week ago | Simply Wall St
A Look At The Intrinsic Value Of Laserbond Limited (ASX:LBL)3 weeks ago | Simply Wall St
What Is Laserbond's (ASX:LBL) P/E Ratio After Its Share Price Rocketed?3 weeks ago | Simply Wall St
Do Institutions Own Laserbond Limited (ASX:LBL) Shares?Valuation
Is Laserbond undervalued based on future cash flows and its price relative to the stock market?
45%
Discount to future cash flow value
Intrinsic Value Based on Future Cash Flows
Laserbond's share price is below the future cash flow value, and at a moderate discount (> 20%).
Laserbond's share price is below the future cash flow value, and at a substantial discount (> 40%).
Price Based on Earnings
Laserbond is overvalued based on earnings compared to the AU Machinery industry average.
Laserbond is overvalued based on earnings compared to the Australia market.
Price Based on Expected Growth
Unable to calculate PEG ratio for Laserbond, we can't assess if its growth is good value.
Price Based on Value of Assets
Laserbond is overvalued based on assets compared to the AU Machinery industry average.
Next Steps
Future Growth
How is Laserbond expected to perform in the next 1 to 3 years based on estimates from 0 analysts?
-24.5%
Forecasted annual earnings growth
Earnings and Revenue Growth Estimates
Future Annual Growth Analysis
Unable to determine if Laserbond is high growth as no revenue estimate data is available.
Laserbond's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.
Unable to compare Laserbond's revenue growth to the Australia market average as no estimate data is available.
Laserbond's earnings are expected to decrease over the next 1-3 years, this is below the Australia market average.
Laserbond's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 2.3%.
Earnings per Share Growth Estimates
Future Return on Equity
Unable to establish if Laserbond will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
Next Steps
Past Performance
How has Laserbond performed over the past 5 years?
42.1%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Laserbond has delivered over 20% year on year earnings growth in the past 5 years.
Laserbond's 1-year earnings growth exceeds its 5-year average (190.3% vs 42.1%)
Laserbond's earnings growth has exceeded the AU Machinery industry average in the past year (190.3% vs 35.4%).
Return on Equity
Laserbond has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).
Return on Assets
Laserbond used its assets more efficiently than the AU Machinery industry average last year based on Return on Assets.
Return on Capital Employed
Laserbond has become profitable over the past 3 years. This is considered to be a significant improvement in its use of capital (Return on Capital Employed).
Next Steps
Financial Health
How is Laserbond's financial position?
Financial Position Analysis
Laserbond is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
Laserbond's cash and other short term assets cover its long term commitments.
Debt to Equity History and Analysis
Laserbond has no debt.
Laserbond had no debt 5 years ago.
Laserbond has no debt, it does not need to be covered by operating cash flow.
Laserbond has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
High level of physical assets or inventory.
Laserbond has no debt, it does not need to be covered by short term assets.
Next Steps
Dividend
What is Laserbond's current dividend yield, its reliability and sustainability?
1.74%
Current Dividend Yield
Dividend Yield and Payments Analysis
Laserbond's pays a lower dividend yield than the bottom 25% of dividend payers in Australia (2.54%).
Laserbond's dividend is below the markets top 25% of dividend payers in Australia (5.81%).
Laserbond has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).
Dividend payments have increased, but Laserbond only paid a dividend in the past 8 years.
Current Payout to Shareholders
Dividends paid are well covered by earnings (3x coverage).
Future Payout to Shareholders
Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
Next Steps
Management
What is the CEO of Laserbond's salary, the management and board of directors tenure and is there insider trading?
AU$368k
CEO Compensation
CEO
Wayne Hooper 0
0.0yrs
Tenure
AU$367,749
Compensation
Mr. Wayne Edward Hooper serves as Chief Executive Officer and Director at Laserbond Limited. He is a Professional Engineer with significant experience within the engineering and manufacturing industries. M ...
CEO Compensation Analysis
Wayne's remuneration is about average for companies of similar size in Australia.
Wayne's compensation has been consistent with company performance over the past year, both up more than 20%.
Insider Trading
No 3 month open market individual insider trading information.
Ownership Breakdown
Management Team
Greg Hooper
Chief Technology Officer
- Tenure: 26.9yrs
- Compensation: AU$350.02k
Wayne Hooper
CEO & Director
- Tenure: 0.0yrs
- Compensation: AU$367.75k
Matthew Twist
CFO & Company Secretary
- Tenure: 12.4yrs
- Compensation: AU$170.86k
Board Members
Phil Suriano
Chairman of the Board
- Tenure: 0.0yrs
- Compensation: AU$48.75k
Greg Hooper
Chief Technology Officer
- Tenure: 26.9yrs
- Compensation: AU$350.02k
Wayne Hooper
CEO & Director
- Tenure: 0.0yrs
- Compensation: AU$367.75k
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$53.415m
- Shares outstanding: 94.54m
- 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 | 2019/08/21 10:35 |
| End of Day Share Price | 2019/08/21 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2019/06/30 |
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.