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
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.
7 Day Return
1 Year Return
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.
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 StIs LaserBond Limited's (ASX:LBL) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?
1 month ago | Simply Wall StMarket Still Lacking Some Conviction On LaserBond Limited (ASX:LBL)
1 month ago | Simply Wall StShould You Use LaserBond's (ASX:LBL) Statutory Earnings To Analyse It?
Is LaserBond undervalued compared to its fair value and its price relative to the market?
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).
How is LaserBond forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
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%)
How has LaserBond performed over the past 5 years?
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.
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$6.8M).
Debt to Equity History and Analysis
Debt Level: LBL is debt free.
Reducing Debt: LBL has not had any debt for past 5 years.
Debt Coverage: LBL has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: LBL has no debt, therefore coverage of interest payments is not a concern.
What is LaserBond current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: LBL's dividend (1.68%) isn’t notable compared to the bottom 25% of dividend payers in the Australian market (2.23%).
High Dividend: LBL's dividend (1.68%) is low compared to the top 25% of dividend payers in the Australian market (5.53%).
Stability and Growth of Payments
Stable Dividend: LBL has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: LBL's dividend payments have increased, but the company has only paid a dividend for 9 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (37.4%), LBL's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: LBL's dividends in 3 years are forecast to be well covered by earnings (24.2% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Wayne Edward Hooper, GAICD serves as Chief Executive Officer and Director at Laserbond Limited & joined in 1994. He is a Professional Engineer with significant technical and management experience withi ...
CEO Compensation Analysis
Compensation vs Market: Wayne's total compensation ($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.
|CEO & Executive Director||no data||AU$367.75k||12.92% |
|Founder & Technical Consultant||no data||AU$350.02k||9.71% |
|CFO, Company Secretary & Executive Director||0.25yr||AU$170.86k||0.076% |
|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|
Experienced Management: LBL's management team is considered experienced (3 years average tenure).
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
LaserBond Limited's company bio, employee growth, exchange listings and data sources
- 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
- LaserBond Limited
- 2/57 Anderson Road
- Smeaton Grange
- New South Wales
|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|
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|
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.