| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 5/6 |
| Past Performance | 2/6 |
| Financial Health | 6/6 |
| Dividends | 3/6 |
LBL Overview
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 in Australia.
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | AU$0.96 |
| 52 Week High | AU$0.53 |
| 52 Week Low | AU$1.07 |
| Beta | 0.19 |
| 1 Month Change | 3.78% |
| 3 Month Change | -0.52% |
| 1 Year Change | 34.27% |
| 3 Year Change | 326.67% |
| 5 Year Change | 638.46% |
| Change since IPO | 357.14% |
Recent News & Updates
The Return Trends At LaserBond (ASX:LBL) Look Promising
Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Amongst other things...
Returns At LaserBond (ASX:LBL) Are On The Way Up
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Shareholder Returns
| LBL | AU Machinery | AU Market | |
|---|---|---|---|
| 7D | 1.1% | -1.3% | 0.6% |
| 1Y | 34.3% | 47.5% | 21.3% |
Return vs Industry: LBL underperformed the Australian Machinery industry which returned 47.5% over the past year.
Return vs Market: LBL exceeded the Australian Market which returned 21.3% over the past year.
Price Volatility
| LBL volatility | |
|---|---|
| LBL Beta | 0.19 |
| Industry Beta | 1.33 |
| Market Beta | 1 |
Stable Share Price: LBL is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: LBL's weekly volatility (9%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1992 | 109 | Wayne Hooper | https://laserbond.com.au |
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 in Australia. The company offers composite carbide steel mill rolls; and drilling tools. It also provides laser cladding, welding, machining, heat treatment, metallurgy laboratory, surface coating, remanufacturing, and vacuum heat treatment services, as well as thermal spraying, hard facing, and polymer coating services.
LaserBond Fundamentals Summary
| LBL fundamental statistics | |
|---|---|
| Market Cap | AU$92.37m |
| Earnings (TTM) | AU$2.84m |
| Revenue (TTM) | AU$24.66m |
32.6x
P/E Ratio3.7x
P/S RatioIs LBL overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| LBL income statement (TTM) | |
|---|---|
| Revenue | AU$24.66m |
| Cost of Revenue | AU$12.38m |
| Gross Profit | AU$12.29m |
| Expenses | AU$9.45m |
| Earnings | AU$2.84m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.029 |
| Gross Margin | 49.82% |
| Net Profit Margin | 11.51% |
| Debt/Equity Ratio | 0% |
How did LBL perform over the long term?
See historical performance and comparisonDividends
1.2%
Current Dividend Yield41%
Payout RatioValuation
Is LaserBond undervalued compared to its fair value and its price relative to the market?
29.9%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: LBL (A$0.96) is trading below our estimate of fair value (A$1.37)
Significantly Below Fair Value: LBL is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: LBL is poor value based on its PE Ratio (32.6x) compared to the Australian Machinery industry average (31.3x).
PE vs Market: LBL is poor value based on its PE Ratio (32.6x) compared to the Australian market (19.9x).
Price to Earnings Growth Ratio
PEG Ratio: LBL is poor value based on its PEG Ratio (1.3x)
Price to Book Ratio
PB vs Industry: LBL is overvalued based on its PB Ratio (6.5x) compared to the AU Machinery industry average (2.3x).
Future Growth
How is LaserBond forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
25.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: LBL's forecast earnings growth (25.8% per year) is above the savings rate (1.9%).
Earnings vs Market: LBL's earnings (25.8% per year) are forecast to grow faster than the Australian market (11.5% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: LBL's revenue (18.1% per year) is forecast to grow faster than the Australian market (5.5% per year).
High Growth Revenue: LBL's revenue (18.1% per year) is forecast to grow slower 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 (26.5%)
Past Performance
How has LaserBond performed over the past 5 years?
34.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: LBL has high quality earnings.
Growing Profit Margin: LBL's current net profit margins (11.5%) are lower than last year (12.6%).
Past Earnings Growth Analysis
Earnings Trend: LBL's earnings have grown significantly by 34% per year over the past 5 years.
Accelerating Growth: LBL's earnings growth over the past year (1.2%) is below its 5-year average (34% per year).
Earnings vs Industry: LBL earnings growth over the past year (1.2%) underperformed the Machinery industry 1.2%.
Return on Equity
High ROE: LBL's Return on Equity (19.9%) is considered low.
Financial Health
How is LaserBond's financial position?
Financial Position Analysis
Short Term Liabilities: LBL's short term assets (A$14.9M) exceed its short term liabilities (A$6.1M).
Long Term Liabilities: LBL's short term assets (A$14.9M) exceed its long term liabilities (A$9.1M).
Debt to Equity History and Analysis
Debt Level: LBL's debt to equity ratio (0%) is considered satisfactory.
Reducing Debt: LBL's debt to equity ratio has reduced from 0% to 0% over the past 5 years.
Debt Coverage: LBL's debt is well covered by operating cash flow (47569310%).
Interest Coverage: LBL's interest payments on its debt are well covered by EBIT (6.1x coverage).
Balance Sheet
Dividend
What is LaserBond current dividend yield, its reliability and sustainability?
1.25%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: LBL's dividend (1.25%) isn’t notable compared to the bottom 25% of dividend payers in the Australian market (2.23%).
High Dividend: LBL's dividend (1.25%) is low compared to the top 25% of dividend payers in the Australian market (5.3%).
Stability and Growth of Payments
Stable Dividend: LBL's dividend payments have been volatile in the past 10 years.
Growing Dividend: LBL's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (40.6%), 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 (40.4% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
4.1yrs
Average management tenure
CEO
Wayne Hooper
no data
Tenure
AU$352,076
Compensation
Mr. Wayne Edward Hooper, GAICD serves as Chief Executive Officer and Director at Laserbond Limited & joined in 1994. He is a Professional Engineer with significant technical and management experience withi...
CEO Compensation Analysis
Compensation vs Market: Wayne's total compensation ($USD263.06K) is about average for companies of similar size in the Australian market ($USD302.87K).
Compensation vs Earnings: Wayne's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: LBL's management team is considered experienced (4.1 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.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
LaserBond Limited's 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$92.374m
- Shares outstanding: 96.22m
- Website: https://laserbond.com.au
Number of Employees
Location
- LaserBond Limited
- 2/57 Anderson Road
- Smeaton Grange
- Sydney
- New South Wales
- 2567
- Australia
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/10/24 07:05 |
| End of Day Share Price | 2021/10/22 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2021/06/30 |
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.