ASX:LCM

Stock Analysis Report

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Executive Summary

LogiCamms Limited primarily provides engineering, project delivery, and operations services to hydrocarbons, mining and mineral processing, infrastructure, and defense industries in Australia, New Zealand, Papua New Guinea, and the Pacific Islands. More Details


Snowflake Analysis

Undervalued with excellent balance sheet.


Similar Companies

Share Price & News

How has LogiCamms's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: LCM is more volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 14% a week.

Volatility Over Time: LCM's weekly volatility (14%) has been stable over the past year, but is still higher than 75% of Australian stocks.


Market Performance


7 Day Return

17.1%

LCM

6.4%

AU Construction

1.3%

AU Market


1 Year Return

7.9%

LCM

-23.9%

AU Construction

-1.7%

AU Market

Return vs Industry: LCM exceeded the Australian Construction industry which returned -23.9% over the past year.

Return vs Market: LCM exceeded the Australian Market which returned -1.8% over the past year.


Shareholder returns

LCMIndustryMarket
7 Day17.1%6.4%1.3%
30 Day17.1%17.5%10.4%
90 Day28.1%18.7%8.8%
1 Year7.9%7.9%-23.2%-23.9%1.7%-1.7%
3 Yearn/a-37.3%-41.8%23.1%7.9%
5 Yearn/a35.5%17.9%57.2%26.0%

Long-Term Price Volatility Vs. Market

How volatile is LogiCamms's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is LogiCamms undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: LCM (A$0.21) is trading below our estimate of fair value (A$1.75)

Significantly Below Fair Value: LCM is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: LCM is good value based on its PE Ratio (14.7x) compared to the AU Construction industry average (19.2x).

PE vs Market: LCM is good value based on its PE Ratio (14.7x) compared to the Australian market (23x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate LCM's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: LCM is good value based on its PB Ratio (1.5x) compared to the AU Construction industry average (2x).


Next Steps

Future Growth

How is LogiCamms forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

25.4%

Forecasted Capital Goods industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as LogiCamms has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has LogiCamms performed over the past 5 years?

1,416.0%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: LCM has high quality earnings.

Growing Profit Margin: LCM's current net profit margins (2.4%) are higher than last year (0.5%).


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if LCM's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: Insufficient data to compare LCM's past year earnings growth to its 5-year average.

Earnings vs Industry: LCM earnings growth over the past year (1416%) exceeded the Construction industry -3.4%.


Return on Equity

High ROE: LCM's Return on Equity (10.1%) is considered low.


Next Steps

Financial Health

How is LogiCamms's financial position?


Financial Position Analysis

Short Term Liabilities: LCM's short term assets (A$35.0M) exceed its short term liabilities (A$25.4M).

Long Term Liabilities: LCM's short term assets (A$35.0M) exceed its long term liabilities (A$5.6M).


Debt to Equity History and Analysis

Debt Level: LCM's debt to equity ratio (12.8%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if LCM's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: LCM's debt is well covered by operating cash flow (326.1%).

Interest Coverage: LCM's interest payments on its debt are well covered by EBIT (7.6x coverage).


Balance Sheet


Next Steps

Dividend

What is LogiCamms's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate LCM's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate LCM's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if LCM's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if LCM's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of LCM's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

0.8yrs

Average management tenure


CEO

Linton Burns (55 yo)

0.17

Tenure

AU$1,309,046

Compensation

Mr. Linton W. P. Burns, B.A. Acc, ACA is an Executive Director of LogiCamms Limited since June 28, 2019 and has been its Managing Director and Chief Executive Officer since September 28, 2020 and served as...


CEO Compensation Analysis

Compensation vs Market: Linton's total compensation ($USD967.73K) is above average for companies of similar size in the Australian market ($USD281.17K).

Compensation vs Earnings: Insufficient data to compare Linton's compensation with company performance.


Leadership Team

NamePositionTenureCompensationOwnership
Linton Burns
CEO, MD & Executive Director0.17yrAU$1.31m1.94%
A$ 794.8k
Michael Casey
Chief Financial Officer0.75yrAU$199.47kno data
Andrew Ritter
Company Secretary0.75yrno datano data

0.8yrs

Average Tenure

Experienced Management: LCM's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Linton Burns
CEO, MD & Executive Director0.17yrAU$1.31m1.94%
A$ 794.8k
Matthew Morgan
Independent Non-Executive Director1.08yrsAU$48.27k0.014%
A$ 5.5k
Phillip Campbell
Independent Non-Executive Chairman0.75yrAU$61.02kno data
Brian O'Sullivan
Non-Executive Director & Development Advisor1.42yrsAU$361.02k38.55%
A$ 15.8m
Sarah Zeljko
Independent Non-Executive Director0.17yrno datano data

1.1yrs

Average Tenure

55yo

Average Age

Experienced Board: LCM's board of directors are not considered experienced ( 1.1 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: LCM 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

LogiCamms Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: LogiCamms Limited
  • Ticker: LCM
  • Exchange: ASX
  • Founded: 2007
  • Industry: Construction and Engineering
  • Sector: Capital Goods
  • Market Cap: AU$41.006m
  • Shares outstanding: 200.03m
  • Website: https://www.logicamms.com

Location

  • LogiCamms Limited
  • 200 Mary Street
  • Level 14
  • Brisbane
  • Queensland
  • 4000
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
LCMASX (Australian Securities Exchange)YesOrdinary SharesAUAUDJul 2019
47LDB (Deutsche Boerse AG)YesOrdinary SharesDEEURJul 2019
LCMCHIA (Chi-X Australia)YesOrdinary SharesAUAUDJul 2019

Biography

LogiCamms Limited primarily provides engineering, project delivery, and operations services to hydrocarbons, mining and mineral processing, infrastructure, and defense industries in Australia, New Zealand,...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/28 07:07
End of Day Share Price2020/11/27 00:00
Earnings2020/06/30
Annual Earnings2020/06/30


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.