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LPD

LepidicoASX:LPD Stock Report

Market Cap

AU$160.0m

7D

0%

1Y

225.0%

Updated

20 Oct, 2021

Data

Company Financials +
LPD fundamental analysis
Snowflake Score
Valuation3/6
Future Growth3/6
Past Performance3/6
Financial Health6/6
Dividends0/6

LPD Overview

Lepidico Limited engages in the exploration, development, and production of lithium chemicals in Australia and internationally.

Lepidico Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Lepidico
Historical stock prices
Current Share PriceAU$0.026
52 Week HighAU$0.007
52 Week LowAU$0.037
Beta1.29
1 Month Change4.00%
3 Month Change52.94%
1 Year Change225.00%
3 Year Change52.96%
5 Year Change73.35%
Change since IPO-56.67%

Recent News & Updates

Oct 01
There's Been No Shortage Of Growth Recently For Lepidico's (ASX:LPD) Returns On Capital

There's Been No Shortage Of Growth Recently For Lepidico's (ASX:LPD) Returns On Capital

What trends should we look for it we want to identify stocks that can multiply in value over the long term? One common...

Feb 28
Our Take On Lepidico's (ASX:LPD) CEO Salary

Our Take On Lepidico's (ASX:LPD) CEO Salary

This article will reflect on the compensation paid to Joe Walsh who has served as CEO of Lepidico Limited ( ASX:LPD...

Shareholder Returns

LPDAU Metals and MiningAU Market
7D0%1.8%1.5%
1Y225.0%11.3%21.1%

Return vs Industry: LPD exceeded the Australian Metals and Mining industry which returned 11.3% over the past year.

Return vs Market: LPD exceeded the Australian Market which returned 20.2% over the past year.

Price Volatility

Is LPD's price volatile compared to industry and market?
LPD volatility
LPD Beta1.29
Industry Beta0.97
Market Beta1

Stable Share Price: LPD is more volatile than 90% of Australian stocks over the past 3 months, typically moving +/- 16% a week.

Volatility Over Time: LPD's weekly volatility (16%) has been stable over the past year, but is still higher than 75% of Australian stocks.

About the Company

FoundedEmployeesCEOWebsite
1979n/aJoe Walshhttps://www.lepidico.com

Lepidico Limited engages in the exploration, development, and production of lithium chemicals in Australia and internationally. The company operates through two segments, Mineral Exploration and Technology. Its technologies include L-Max technology, a hydro-metallurgical process for processing lithium mica slurry; S-Max that produces amorphous silica from a range of mica minerals, including lithium micas; and LOH-Max process, which produces high purity lithium hydroxide from lithium sulphate.

Lepidico Fundamentals Summary

How do Lepidico's earnings and revenue compare to its market cap?
LPD fundamental statistics
Market CapAU$159.96m
Earnings (TTM)AU$282.56k
Revenue (TTM)AU$4.08m

650.0x

P/E Ratio

39.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
LPD income statement (TTM)
RevenueAU$4.08m
Cost of RevenueAU$0
Gross ProfitAU$4.08m
ExpensesAU$3.80m
EarningsAU$282.56k

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.00004
Gross Margin100.00%
Net Profit Margin6.92%
Debt/Equity Ratio0.0%

How did LPD perform over the long term?

See historical performance and comparison

Valuation

Is Lepidico 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: LPD (A$0.03) is trading below our estimate of fair value (A$0.17)

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


Price To Earnings Ratio

PE vs Industry: LPD is poor value based on its PE Ratio (650x) compared to the Australian Metals and Mining industry average (14.3x).

PE vs Market: LPD is poor value based on its PE Ratio (650x) compared to the Australian market (19.7x).


Price to Earnings Growth Ratio

PEG Ratio: LPD is poor value based on its PEG Ratio (9.8x)


Price to Book Ratio

PB vs Industry: LPD is good value based on its PB Ratio (2.3x) compared to the AU Metals and Mining industry average (2.6x).


Future Growth

How is Lepidico forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

66.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: LPD's forecast earnings growth (66.1% per year) is above the savings rate (1.9%).

Earnings vs Market: LPD's earnings (66.1% per year) are forecast to grow faster than the Australian market (11.9% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: LPD is forecast to have no revenue next year.

High Growth Revenue: LPD is forecast to have no revenue next year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: LPD's Return on Equity is forecast to be low in 3 years time (16.6%).


Past Performance

How has Lepidico performed over the past 5 years?

-2.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: LPD has high quality earnings.

Growing Profit Margin: LPD became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: LPD has become profitable over the past 5 years, growing earnings by -2.9% per year.

Accelerating Growth: LPD has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: LPD has become profitable in the last year, making it difficult to compare its past year earnings growth to the Metals and Mining industry (35.3%).


Return on Equity

High ROE: LPD's Return on Equity (0.4%) is considered low.


Financial Health

How is Lepidico's financial position?


Financial Position Analysis

Short Term Liabilities: LPD's short term assets (A$15.0M) exceed its short term liabilities (A$1.1M).

Long Term Liabilities: LPD's short term assets (A$15.0M) exceed its long term liabilities (A$9.3M).


Debt to Equity History and Analysis

Debt Level: LPD is debt free.

Reducing Debt: LPD had no debt 5 years ago.

Debt Coverage: LPD has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: LPD has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Lepidico current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

High Dividend: Unable to evaluate LPD'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 LPD's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if LPD'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 LPD'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?

5.0yrs

Average management tenure


CEO

Joe Walsh

5.08yrs

Tenure

AU$615,960

Compensation

Mr. Julian Pearce Walsh, also known as Joe, BEng (Hons, Mining Engineering), MSc (Geophysics) has been Managing Director and Executive Director of Lepidico Holdings Limited (formerly known as Lepidico Limi...


CEO Compensation Analysis

Compensation vs Market: Joe's total compensation ($USD460.53K) is above average for companies of similar size in the Australian market ($USD302.06K).

Compensation vs Earnings: Joe's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: LPD's management team is seasoned and experienced (5 years average tenure).


Board Members

Experienced Board: LPD's board of directors are considered experienced (5.1 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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 18.6%.


Top Shareholders

Company Information

Lepidico Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Lepidico Limited
  • Ticker: LPD
  • Exchange: ASX
  • Founded: 1979
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: AU$159.956m
  • Shares outstanding: 6.15b
  • Website: https://www.lepidico.com

Location

  • Lepidico Limited
  • 23 Belmont Avenue
  • Belmont
  • Western Australia
  • 6104
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/20 15:32
End of Day Share Price2021/10/20 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


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.