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.
Flawless balance sheet with acceptable track record.
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 has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: LBL exceeded the Australian Machinery industry which returned -20.8% over the past year.
Return vs Market: LBL exceeded the Australian Market which returned -12% 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
1 month ago | Simply Wall StDo Insiders Own Shares In Laserbond Limited (ASX:LBL)?
1 month ago | Simply Wall StDid Laserbond Limited (ASX:LBL) Insiders Sell Shares?
1 month ago | Simply Wall StDoes Laserbond Limited's (ASX:LBL) CEO Pay Matter?
Is Laserbond undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: LBL (A$0.48) is trading below our estimate of fair value (A$0.63)
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 (16.2x) compared to the AU Machinery industry average (13.4x).
PE vs Market: LBL is poor value based on its PE Ratio (16.2x) compared to the Australian market (15.5x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate LBL's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: LBL is overvalued based on its PB Ratio (4.2x) compared to the AU Machinery industry average (1.8x).
How is Laserbond forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if LBL's forecast earnings growth is above the savings rate (2.3%).
Earnings vs Market: Insufficient data to determine if LBL's earnings are forecast to grow faster than the Australian market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: LBL's revenue (23.3% per year) is forecast to grow faster than the Australian market (4.3% per year).
High Growth Revenue: LBL's revenue (23.3% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if LBL's Return on Equity is forecast to be high in 3 years time
How has Laserbond performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: LBL has a high level of non-cash earnings.
Growing Profit Margin: LBL's current net profit margins (11.9%) are higher than last year (10.5%).
Past Earnings Growth Analysis
Earnings Trend: LBL's earnings have grown significantly by 49.2% per year over the past 5 years.
Accelerating Growth: LBL's earnings growth over the past year (40.2%) is below its 5-year average (49.2% per year).
Earnings vs Industry: LBL earnings growth over the past year (40.2%) underperformed the Machinery industry 40.2%.
Return on Equity
High ROE: LBL's Return on Equity (25.6%) is considered high.
How is Laserbond's financial position?
Financial Position Analysis
Short Term Liabilities: LBL's short term assets (A$10.3M) exceed its short term liabilities (A$4.6M).
Long Term Liabilities: LBL's short term assets (A$10.3M) exceed its long term liabilities (A$6.1M).
Debt to Equity History and Analysis
Debt Level: LBL is debt free.
Reducing Debt: LBL has not had any debt for past 5 years.
Debt Coverage: LBL has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: LBL has no debt, therefore coverage of interest payments is not a concern.
What is Laserbond current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: LBL's dividend (2.08%) isn’t notable compared to the bottom 25% of dividend payers in the Australian market (2.53%).
High Dividend: LBL's dividend (2.08%) is low compared to the top 25% of dividend payers in the Australian market (6.54%).
Stability and Growth of Payments
Stable Dividend: LBL has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: LBL's dividend payments have increased, but the company has only paid a dividend for 9 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (33.8%), LBL's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Wayne Edward Hooper serves as Chief Executive Officer and Director at Laserbond Limited. He is a Professional Engineer with significant experience within the engineering and manufacturing industries. M ...
CEO Compensation Analysis
Compensation vs Market: Wayne's total compensation ($USD255.68K) is about average for companies of similar size in the Australian market ($USD262.46K).
Compensation vs Earnings: Wayne's compensation has been consistent with company performance over the past year.
|CEO & Director||no data||AU$367.75k||10.24% A$4.6m|
|Founder & Technical Consultant||no data||AU$350.02k||9.79% A$4.4m|
|CFO & Company Secretary||13.33yrs||AU$170.86k||0.074% A$33.7k|
|Sales Manager||0.50yr||no data||no data|
|Head of Human Resources and Workplace Health & Safety||no data||no data||no data|
|Head of the R&D Department||2.83yrs||no data||no data|
Experienced Management: LBL's management team is considered experienced (2.8 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$45.322m
- Shares outstanding: 95.41m
- 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-intensive machinery components. The company provides drilling tools; and laser cladding, thermal spray, welding, machining, heat treatment, metallurgy laboratory, surface coating, and remanufacturing services. It also licenses its surface engineering technologies. The company serves mining, drilling, mineral processing, power generation, transport and marine, plant and machinery, manufacturing, fluid handling, and agriculture sectors. Laserbond Limited was founded in 1992 and is headquartered in Sydney, Australia.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/07/13 10:35|
|End of Day Share Price||2020/07/13 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.