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LIC

Lifestyle Communities ASX:LIC Stock Report

Last Price

AU$16.88

Market Cap

AU$1.7b

7D

1.4%

1Y

-7.0%

Updated

08 Aug, 2022

Data

Company Financials +
LIC fundamental analysis
Snowflake Score
Valuation0/6
Future Growth4/6
Past Performance5/6
Financial Health2/6
Dividends0/6

LIC Stock Overview

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

Lifestyle Communities Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Lifestyle Communities
Historical stock prices
Current Share PriceAU$16.88
52 Week HighAU$23.85
52 Week LowAU$11.34
Beta1.03
1 Month Change17.22%
3 Month Change39.16%
1 Year Change-7.00%
3 Year Change152.70%
5 Year Change332.82%
Change since IPO603.33%

Recent News & Updates

Jul 09
Here's Why We Think Lifestyle Communities (ASX:LIC) Might Deserve Your Attention Today

Here's Why We Think Lifestyle Communities (ASX:LIC) Might Deserve Your Attention Today

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...

Shareholder Returns

LICAU Real EstateAU Market
7D1.4%0.7%1.0%
1Y-7.0%-15.5%-7.9%

Return vs Industry: LIC exceeded the Australian Real Estate industry which returned -15.5% over the past year.

Return vs Market: LIC matched the Australian Market which returned -7.9% over the past year.

Price Volatility

Is LIC's price volatile compared to industry and market?
LIC volatility
LIC Average Weekly Movement7.4%
Real Estate Industry Average Movement6.4%
Market Average Movement10.6%
10% most volatile stocks in AU Market17.5%
10% least volatile stocks in AU Market4.7%

Stable Share Price: LIC is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: LIC's weekly volatility (7%) 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

How do Lifestyle Communities's earnings and revenue compare to its market cap?
LIC fundamental statistics
Market CapAU$1.74b
Earnings (TTM)AU$104.53m
Revenue (TTM)AU$181.15m

16.9x

P/E Ratio

9.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
LIC income statement (TTM)
RevenueAU$181.15m
Cost of RevenueAU$137.03m
Gross ProfitAU$44.12m
Other Expenses-AU$60.40m
EarningsAU$104.53m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

Aug 17, 2022

Earnings per share (EPS)1.00
Gross Margin24.36%
Net Profit Margin57.70%
Debt/Equity Ratio68.5%

How did LIC perform over the long term?

See historical performance and comparison

Dividends

0.6%

Current Dividend Yield

9%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is LIC undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for LIC?

Other financial metrics that can be useful for relative valuation.

LIC key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue11.1x
Enterprise Value/EBITDA65.8x
PEG Ratio1x

Price to Earnings Ratio vs Peers

How does LIC's PE Ratio compare to its peers?

LIC PE Ratio vs Peers
The above table shows the PE ratio for LIC vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average12.4x
PPC Peet
13.1xn/aAU$498.2m
SDG Sunland Group
8.1xn/aAU$347.8m
CWP Cedar Woods Properties
15.4x18.3%AU$368.8m
FRI Finbar Group
13.3xn/aAU$200.0m
LIC Lifestyle Communities
16.9x17.1%AU$1.7b

Price-To-Earnings vs Peers: LIC is expensive based on its Price-To-Earnings Ratio (16.9x) compared to the peer average (12.4x).


Price to Earnings Ratio vs Industry

How does LIC's PE Ratio compare vs other companies in the Global Real Estate Industry?

Price-To-Earnings vs Industry: LIC is expensive based on its Price-To-Earnings Ratio (16.9x) compared to the Global Real Estate industry average (10.6x)


Price to Earnings Ratio vs Fair Ratio

What is LIC's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

LIC PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio16.9x
Fair PE Ratio13.3x

Price-To-Earnings vs Fair Ratio: LIC is expensive based on its Price-To-Earnings Ratio (16.9x) compared to the estimated Fair Price-To-Earnings Ratio (13.3x).


Share Price vs Fair Value

What is the Fair Price of LIC when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: LIC (A$16.88) is trading above our estimate of fair value (A$8.32)

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


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Target price is less than 20% higher than the current share price.


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Future Growth

How is Lifestyle Communities forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

Future Growth Score

4/6

Future Growth Score 4/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


17.1%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: LIC's forecast earnings growth (17.1% per year) is above the savings rate (1.8%).

Earnings vs Market: LIC's earnings (17.1% per year) are forecast to grow faster than the Australian market (6.1% per year).

High Growth Earnings: LIC's earnings are forecast to grow, but not significantly.

Revenue vs Market: LIC's revenue (9.6% per year) is forecast to grow faster than the Australian market (5.7% per year).

High Growth Revenue: LIC's revenue (9.6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: LIC's Return on Equity is forecast to be high in 3 years time (20.2%)


Discover growth companies

Past Performance

How has Lifestyle Communities performed over the past 5 years?

Past Performance Score

5/6

Past Performance Score 5/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


22.1%

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 (57.7%) are higher than last year (33.8%).


Past Earnings Growth Analysis

Earnings Trend: LIC's earnings have grown significantly by 22.1% per year over the past 5 years.

Accelerating Growth: LIC's earnings growth over the past year (150%) exceeds its 5-year average (22.1% per year).

Earnings vs Industry: LIC earnings growth over the past year (150%) exceeded the Real Estate industry 149%.


Return on Equity

High ROE: LIC's Return on Equity (26.1%) is considered high.


Discover strong past performing companies

Financial Health

How is Lifestyle Communities's financial position?

Financial Health Score

2/6

Financial Health Score 2/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: LIC's short term assets (A$95.7M) exceed its short term liabilities (A$85.9M).

Long Term Liabilities: LIC's short term assets (A$95.7M) do not cover its long term liabilities (A$439.7M).


Debt to Equity History and Analysis

Debt Level: LIC's net debt to equity ratio (68.3%) is considered high.

Reducing Debt: LIC's debt to equity ratio has increased from 39.2% to 68.5% 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 (21.8x coverage).


Balance Sheet


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Dividend

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

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


0.56%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: LIC's dividend (0.56%) isn’t notable compared to the bottom 25% of dividend payers in the Australian market (2.62%).

High Dividend: LIC's dividend (0.56%) is low compared to the top 25% of dividend payers in the Australian market (6.24%).


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.


Earnings Payout to Shareholders

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


Cash Payout to Shareholders

Cash Flow Coverage: LIC is paying a dividend but the company has no free cash flows.


Discover strong dividend paying companies

Management

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

4.3yrs

Average management tenure


CEO

James Kelly

19.58yrs

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 ($USD413.62K) is below average for companies of similar size in the Australian market ($USD1.58M).

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 (4.3 years average tenure).


Board Members

Experienced Board: LIC's board of directors are considered experienced (4.5 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: LIC 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

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
  • Implied Market Cap: AU$1.743b
  • Shares outstanding: 104.35m
  • 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 Analysis2022/08/08 00:00
End of Day Share Price2022/08/08 00:00
Earnings2021/12/31
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.