LBY

Laybuy Group HoldingsASX:LBY Stock Report

Market Cap

AU$127.2m

7D

-4.8%

1Y

-67.7%

Updated

23 Sep, 2021

Data

Company Financials +
LBY fundamental analysis
Snowflake Score
Valuation0/6
Future Growth2/6
Past Performance0/6
Financial Health3/6
Dividends0/6

LBY Overview

Laybuy Group Holdings Limited provides consumer financing services in New Zealand, Australia, and the United Kingdom.

Laybuy Group Holdings Competitors

Afterpay

ASX:APT

AU$36.6b

Zip Co

ASX:Z1P

AU$3.7b

Openpay Group

ASX:OPY

AU$166.1m

Price History & Performance

Summary of all time highs, changes and price drops for Laybuy Group Holdings
Historical stock prices
Current Share PriceAU$0.50
52 Week HighAU$0.41
52 Week LowAU$1.81
Beta0
1 Month Change-3.85%
3 Month Change-14.53%
1 Year Change-67.74%
3 Year Changen/a
5 Year Changen/a
Change since IPO-75.61%

Recent News & Updates

Shareholder Returns

LBYAU ITAU Market
7D-4.8%0.9%-2.3%
1Y-67.7%31.3%25.4%

Return vs Industry: LBY underperformed the Australian IT industry which returned 31.3% over the past year.

Return vs Market: LBY underperformed the Australian Market which returned 25.4% over the past year.

Price Volatility

Is LBY's price volatile compared to industry and market?
LBY volatility
LBY Beta0
Industry Beta1.67
Market Beta1

Stable Share Price: LBY is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: LBY's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2017n/aGary Rohloffhttps://www.laybuy.com

Laybuy Group Holdings Limited provides consumer financing services in New Zealand, Australia, and the United Kingdom. It offers buy now, pay later services through its integrated payment platform. The company was founded in 2017 and is based in Auckland, New Zealand.

Laybuy Group Holdings Fundamentals Summary

How do Laybuy Group Holdings's earnings and revenue compare to its market cap?
LBY fundamental statistics
Market CapNZ$131.53m
Earnings (TTM)-NZ$41.28m
Revenue (TTM)NZ$32.67m

4.0x

P/S Ratio

-3.2x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
LBY income statement (TTM)
RevenueNZ$32.67m
Cost of RevenueNZ$12.20m
Gross ProfitNZ$20.47m
ExpensesNZ$61.76m
Earnings-NZ$41.28m

Last Reported Earnings

Mar 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.27
Gross Margin62.66%
Net Profit Margin-126.35%
Debt/Equity Ratio31.0%

How did LBY perform over the long term?

See historical performance and comparison

Valuation

Is Laybuy Group Holdings undervalued compared to its fair value and its price relative to the market?

3.58x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate LBY's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate LBY's fair value to establish if it is undervalued.


Price To Earnings Ratio

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

PE vs Market: LBY 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 LBY's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: LBY is overvalued based on its PB Ratio (3.6x) compared to the AU IT industry average (3.3x).


Future Growth

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

41.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

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

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

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

Revenue vs Market: LBY's revenue (44.5% per year) is forecast to grow faster than the Australian market (5.3% per year).

High Growth Revenue: LBY's revenue (44.5% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

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


Past Performance

How has Laybuy Group Holdings performed over the past 5 years?

-155.9%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: LBY is currently unprofitable.

Growing Profit Margin: LBY is currently unprofitable.


Past Earnings Growth Analysis

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

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

Earnings vs Industry: LBY is unprofitable, making it difficult to compare its past year earnings growth to the IT industry (-11.2%).


Return on Equity

High ROE: LBY has a negative Return on Equity (-112.41%), as it is currently unprofitable.


Financial Health

How is Laybuy Group Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: LBY's short term assets (NZ$57.1M) exceed its short term liabilities (NZ$19.3M).

Long Term Liabilities: LBY's short term assets (NZ$57.1M) exceed its long term liabilities (NZ$4.1M).


Debt to Equity History and Analysis

Debt Level: LBY's debt to equity ratio (31%) is considered satisfactory.

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


Balance Sheet


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: LBY has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: LBY has less than a year of cash runway if free cash flow continues to reduce at historical rates of 59.5% each year


Dividend

What is Laybuy Group Holdings's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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

1.1yrs

Average management tenure


CEO

Gary Rohloff (58 yo)

5.67yrs

Tenure

NZ$391,000

Compensation

Mr. Gary Raymond Rohloff is Managing Director and CEO at Laybuy Group Holdings Limited since 2016 and has been its Director since June 16, 2020. Mr Rohloff co-founded the Laybuy business in 2016 and has se...


CEO Compensation Analysis

Compensation vs Market: Gary's total compensation ($USD274.66K) is about average for companies of similar size in the Australian market ($USD281.32K).

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


Leadership Team

Experienced Management: LBY's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.


Board Members

Experienced Board: LBY's board of directors are not considered experienced ( 1.4 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: 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 45.9%.


Top Shareholders

Company Information

Laybuy Group Holdings Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Laybuy Group Holdings Limited
  • Ticker: LBY
  • Exchange: ASX
  • Founded: 2017
  • Industry: Data Processing and Outsourced Services
  • Sector: Software
  • Market Cap: AU$127.231m
  • Shares outstanding: 254.46m
  • Website: https://www.laybuy.com

Location

  • Laybuy Group Holdings Limited
  • The B:HIVE
  • Level 1
  • Auckland
  • 622
  • New Zealand

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/23 08:05
End of Day Share Price2021/09/22 00:00
Earnings2021/03/31
Annual Earnings2021/03/31


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.