ASX:360

Stock Analysis Report

Executive Summary

Life360, Inc. develops and delivers a mobile application (App) in the United States and internationally.

Snowflake

Fundamentals

Excellent balance sheet with limited growth.

Share Price & News

How has Life360's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0%

360

-0.6%

AU Software

0.4%

AU Market


1 Year Return

n/a

360

39.0%

AU Software

9.8%

AU Market

Return vs Industry: Insufficient data to determine how 360 performed against the Australian Software industry.

Return vs Market: Insufficient data to determine how 360 performed against the Australian Market.


Shareholder returns

360IndustryMarket
7 Day0%-0.6%0.4%
30 Day1.4%-1.4%-1.1%
90 Day2.8%2.4%-0.6%
1 Yearn/a40.2%39.0%16.1%9.8%
3 Yearn/a117.9%108.4%36.1%17.9%
5 Yearn/a169.6%148.0%49.4%15.7%

Price Volatility Vs. Market

How volatile is Life360's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Life360 undervalued compared to its fair value and its price relative to the market?

4.47x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: 360 (A$3.62) is trading above our estimate of fair value (A$2.78)

Significantly Below Fair Value: 360 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 360 is unprofitable, so we can't compare its PE Ratio to the Software industry average.

PE vs Market: 360 is unprofitable, so we can't compare its PE Ratio to the Australian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 360's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 360 is good value based on its PB Ratio (4.5x) compared to the AU Software industry average (4.6x).


Next Steps

Future Growth

How is Life360 forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

56.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 360 is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: 360 is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: 360 is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: 360's revenue (37.6% per year) is forecast to grow faster than the Australian market (3.6% per year).

High Growth Revenue: 360's revenue (37.6% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 360 is forecast to be unprofitable in 3 years.


Next Steps

Past Performance

How has Life360 performed over the past 5 years?

-93.7%

Last years earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: 360 is unprofitable, and there is insufficient past data to establish if their past 5-year earnings growth rate was positive.

Accelerating Growth: Unable to compare 360's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 360 is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (22%).


Return on Equity

High ROE: 360 has a negative Return on Equity (-36.05%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: 360 is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: 360 is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is Life360's financial position?


Financial Position Analysis

Short Term Liabilities: 360's short term assets ($90.5M) exceeds its short term liabilities ($11.9M)

Long Term Liabilities: 360's short term assets (90.5M) exceeds its long term liabilities (1.1M)


Debt to Equity History and Analysis

Debt Level: 360 is debt free.

Reducing Debt: 360 had no debt 5 years ago.


Balance Sheet

Inventory Level: 360 has a low level of unsold assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if 360's debt is covered by short term assets.


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: 360 has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if 360 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

What is Life360's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%2.4%markettop25%5.6%industryaverage1.2%forecastin3Years0%

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: Unable to evaluate 360's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 360's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if 360's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 360'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 360's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.


Next Steps

Management

What is the CEO of Life360's salary, the management and board of directors tenure and is there insider trading?

1.7yrs

Average management tenure


CEO

Chris Hulls 0

0yrs

Tenure

0

Mr. Chris Hulls co-founded Life360 Inc. in 2007 and serves as its Chief Executive Officer and Executive Director. Mr. Hulls did a stint in banking at Goldman Sachs and spent a few years in the Air Force. H ...


Management Age and Tenure

1.7yrs

Average Tenure

Experienced Management: 360's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.


Board Age and Tenure

0.4yrs

Average Tenure

Experienced Board: 360's board of directors are not considered experienced ( 0.4 years average tenure), which suggests a new board.


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

BuyUS$38,165,96023 May 19
Challenger Limited
EntityCompany
Shares8,208,509
Max PriceUS$4.65

Ownership Breakdown


Management Team

  • Wendell Laidley

    Chief Financial Officer

    • Tenure: 0.8yrs
  • Jim Smolen

    Head of Global Alliances

    • Tenure: 0yrs
  • David Rice

    Chief Operating Officer

    • Tenure: 0yrs
  • Chris Hulls

    Co-Founder

    • Tenure: 0yrs
  • Itamar Novick

    Chief Business Officer

    • Tenure: 0yrs
  • Alex Haro

    Co-Founder

    • Tenure: 0yrs
  • Monica Walls

    Vice President of People & Talent

    • Tenure: 0yrs
  • Nebo Nedeljkovic

    Head of Platform Management

    • Tenure: 0yrs
  • Samir Kapoor

    Chief Technology Officer

    • Tenure: 0yrs
  • Ariana Hellebuyck

    Vice President of Marketing

    • Tenure: 1.7yrs

Board Members

  • John Coghlan (67yo)

    Independent Non-Executive Chair

    • Tenure: 0yrs
  • Mark Goines

    Independent Non-Executive Director

    • Tenure: 0.4yrs
  • James Synge

    Independent Non-Executive Director

    • Tenure: 0.4yrs
  • Chris Hulls

    Co-Founder

    • Tenure: 0yrs
  • Alex Haro

    Co-Founder

    • Tenure: 0yrs
  • Brit Morin

    Independent Non-Executive Director

    • Tenure: 1.7yrs
  • David Wiadrowski

    Independent Non-Executive Director

    • Tenure: 0.4yrs

Company Information

Life360, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Life360, Inc.
  • Ticker: 360
  • Exchange: ASX
  • Founded: 2007
  • Industry: Application Software
  • Sector: Software
  • Market Cap: AU$526.332m
  • Shares outstanding: 145.40m
  • Website: https://www.life360.com

Location

  • Life360, Inc.
  • 539 Bryant Street
  • Suite 402
  • San Francisco
  • California
  • 94107
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
360ASX (Australian Securities Exchange)YesCHESS DEP INTAUAUDMay 2019
360CHIA (Chi-X Australia)YesCHESS DEP INTAUAUDMay 2019

Biography

Life360, Inc. develops and delivers a mobile application (App) in the United States and internationally. The company offers Life360 App, an App for families that provides communications, driving safety, an ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/20 10:43
End of Day Share Price2019/10/18 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.