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LIC

Lifestyle CommunitiesASX:LIC Stock Report

Market Cap

AU$2.4b

7D

1.3%

1Y

125.5%

Updated

26 Oct, 2021

Data

Company Financials +
LIC fundamental analysis
Snowflake Score
Valuation0/6
Future Growth2/6
Past Performance5/6
Financial Health2/6
Dividends0/6

LIC Overview

Lifestyle Communities Limited, together with its subsidiaries, builds, owns, and operates land lease communities that provides affordable housing options in Australia.

Price History & Performance

Summary of all time highs, changes and price drops for Lifestyle Communities
Historical stock prices
Current Share PriceAU$23.20
52 Week HighAU$10.07
52 Week LowAU$23.85
Beta0.86
1 Month Change6.81%
3 Month Change39.93%
1 Year Change125.46%
3 Year Change299.31%
5 Year Change544.44%
Change since IPO866.67%

Recent News & Updates

Shareholder Returns

LICAU Real EstateAU Market
7D1.3%-0.2%0.8%
1Y125.5%4.5%24.4%

Return vs Industry: LIC exceeded the Australian Real Estate industry which returned 4.5% over the past year.

Return vs Market: LIC exceeded the Australian Market which returned 24.4% over the past year.

Price Volatility

Is LIC's price volatile compared to industry and market?
LIC volatility
LIC Beta0.86
Industry Beta0.86
Market Beta1

Stable Share Price: LIC is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: LIC's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2003117James Kellyhttps://www.lifestylecommunities.com.au

Lifestyle Communities Limited, together with its subsidiaries, builds, owns, and operates land lease communities that provides affordable housing options in Australia. The company operates 18 communities and approximately 5000 homes. It serves working, semi-retired, and retired people.

Lifestyle Communities Fundamentals Summary


Earnings & Revenue

Key profitability statistics from the latest earnings report
LIC income statement (TTM)
RevenueAU$138.64m
Cost of RevenueAU$103.39m
Gross ProfitAU$35.25m
Expenses-AU$55.87m
EarningsAU$91.11m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.87
Gross Margin25.42%
Net Profit Margin65.72%
Debt/Equity Ratio50.3%

How did LIC perform over the long term?

See historical performance and comparison

Dividends

0.3%

Current Dividend Yield

9%

Payout Ratio

Valuation

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

26.58x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: LIC (A$23.2) is trading above our estimate of fair value (A$1.83)

Significantly Below Fair Value: LIC is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: LIC is poor value based on its PE Ratio (26.6x) compared to the Australian Real Estate industry average (17.7x).

PE vs Market: LIC is poor value based on its PE Ratio (26.6x) compared to the Australian market (20x).


Price to Earnings Growth Ratio

PEG Ratio: LIC's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: LIC is overvalued based on its PB Ratio (6.4x) compared to the AU Real Estate industry average (1.1x).


Future Growth

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

-12.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: LIC's earnings are forecast to decline over the next 3 years (-12.2% per year).

Earnings vs Market: LIC's earnings are forecast to decline over the next 3 years (-12.2% per year).

High Growth Earnings: LIC's earnings are forecast to decline over the next 3 years.

Revenue vs Market: LIC's revenue (20.1% per year) is forecast to grow faster than the Australian market (5.3% per year).

High Growth Revenue: LIC's revenue (20.1% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: LIC's Return on Equity is forecast to be low in 3 years time (16%).


Past Performance

How has Lifestyle Communities performed over the past 5 years?

19.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: LIC has a high level of non-cash earnings.

Growing Profit Margin: LIC's current net profit margins (65.7%) are higher than last year (33.5%).


Past Earnings Growth Analysis

Earnings Trend: LIC's earnings have grown by 19.7% per year over the past 5 years.

Accelerating Growth: LIC's earnings growth over the past year (112.8%) exceeds its 5-year average (19.7% per year).

Earnings vs Industry: LIC earnings growth over the past year (112.8%) exceeded the Real Estate industry 84%.


Return on Equity

High ROE: LIC's Return on Equity (24.1%) is considered high.


Financial Health

How is Lifestyle Communities's financial position?


Financial Position Analysis

Short Term Liabilities: LIC's short term assets (A$88.7M) exceed its short term liabilities (A$47.0M).

Long Term Liabilities: LIC's short term assets (A$88.7M) do not cover its long term liabilities (A$356.2M).


Debt to Equity History and Analysis

Debt Level: LIC's debt to equity ratio (50.3%) is considered high.

Reducing Debt: LIC's debt to equity ratio has increased from 37% to 50.3% over the past 5 years.

Debt Coverage: LIC's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: LIC's interest payments on its debt are well covered by EBIT (16.2x coverage).


Balance Sheet


Dividend

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

0.34%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: LIC's dividend (0.34%) isn’t notable compared to the bottom 25% of dividend payers in the Australian market (2.23%).

High Dividend: LIC's dividend (0.34%) is low compared to the top 25% of dividend payers in the Australian market (5.32%).


Stability and Growth of Payments

Stable Dividend: LIC is not paying a notable dividend for the Australian market, therefore no need to check if payments are stable.

Growing Dividend: LIC is not paying a notable dividend for the Australian market, therefore no need to check if payments are increasing.


Current Payout to Shareholders

Dividend Coverage: LIC is not paying a notable dividend for the Australian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of LIC'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?

3.8yrs

Average management tenure


CEO

James Kelly

14.08yrs

Tenure

AU$600,000

Compensation

Mr. James Kelly, B. Bldg is a Founding Member of Lifestyle Communities Ltd in 2003 and has been its Managing Director and Director since September 2007 and May 2007 respectively. Mr. Kelly has experience i...


CEO Compensation Analysis

Compensation vs Market: James's total compensation ($USD449.78K) is below average for companies of similar size in the Australian market ($USD1.40M).

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


Leadership Team

Experienced Management: LIC's management team is considered experienced (3.6 years average tenure).


Board Members

Experienced Board: LIC's board of directors are considered experienced (3.3 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: LIC insiders have only sold shares 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

Lifestyle Communities Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Lifestyle Communities Limited
  • Ticker: LIC
  • Exchange: ASX
  • Founded: 2003
  • Industry: Real Estate Development
  • Sector: Real Estate
  • Market Cap: AU$2.422b
  • Shares outstanding: 104.39m
  • Website: https://www.lifestylecommunities.com.au

Number of Employees


Location

  • Lifestyle Communities Limited
  • 9-17 Raglan Street
  • Level 1
  • Melbourne
  • Victoria
  • 3205
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/26 16:22
End of Day Share Price2021/10/26 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.