ASX:LVH

Stock Analysis Report

Executive Summary

LiveHire Limited provides online talent acquisition software solutions to small and large enterprises in Australia.

Snowflake

Fundamentals

Flawless balance sheet with high growth potential.

Risks

  • LiveHire has significant price volatility in the past 3 months.
  • LiveHire's last earnings update was 181 days ago.
  • LiveHire is covered by less than 3 analysts.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

13.5%

ASX:LVH

8.5%

AU Software

1.9%

AU Market


1 Year Return

-41.0%

ASX:LVH

25.2%

AU Software

2.3%

AU Market

LVH underperformed the Software industry which returned 25.2% over the past year.

LVH underperformed the Market in Australia which returned 2.3% over the past year.


Share holder returns

LVHIndustryMarket
7 Day13.5%8.5%1.9%
30 Day-18.1%-2.9%-4.2%
90 Day-23.4%11.5%1.2%
1 Year-41.0%-41.0%26.3%25.2%8.0%2.3%
3 Year55.3%55.3%116.2%106.2%32.9%15.6%
5 Yearn/a138.9%121.0%39.3%8.4%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is LiveHire undervalued based on future cash flows and its price relative to the stock market?

>50%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

LiveHire's share price is below the future cash flow value, and at a moderate discount (> 20%).

LiveHire's share price is below the future cash flow value, and at a substantial discount (> 40%).


Price Based on Earnings

LiveHire is loss making, we can't compare its value to the AU Software industry average.

LiveHire is loss making, we can't compare the value of its earnings to the Australia market.


Price Based on Expected Growth

Unable to calculate PEG ratio for LiveHire, we can't assess if its growth is good value.


Price Based on Value of Assets

LiveHire is good value based on assets compared to the AU Software industry average.


Next Steps

Future Growth

How is LiveHire expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

46.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

LiveHire's revenue is expected to grow significantly at over 20% yearly.

LiveHire's earnings are expected to grow significantly at over 20% yearly.

LiveHire's revenue growth is expected to exceed the Australia market average.

LiveHire's earnings growth is expected to exceed the Australia market average.

LiveHire's earnings growth is expected to exceed the low risk savings rate of 2.3%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if LiveHire will efficiently use shareholders’ funds in the future (Return on Equity greater than 20%) as it is not expected to be profitable.


Next Steps

Past Performance

How has LiveHire performed over the past 5 years?

-42.1%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

LiveHire does not make a profit and their year on year earnings growth rate was negative over the past 5 years.

Unable to compare LiveHire's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare LiveHire's 1-year growth to the AU Software industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if LiveHire has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

It is difficult to establish if LiveHire has efficiently used its assets last year compared to the AU Software industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if LiveHire improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is LiveHire's financial position?


Financial Position Analysis

LiveHire is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

LiveHire's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

LiveHire has no debt.

LiveHire has not taken on any debt in the past 5 years.


Balance Sheet

Low level of unsold assets.

LiveHire has no debt, it does not need to be 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.

LiveHire has sufficient cash runway for 2.6 years based on current free cash flow.

LiveHire has sufficient cash runway for 2.1 years if free cash flow continues to grow at historical rates of 40.2% each year.


Next Steps

Dividend

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


Dividend Yield and Payments Analysis

Unable to evaluate LiveHire's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate LiveHire's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as LiveHire has not reported any payouts.

Unable to verify if LiveHire's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as LiveHire has not reported any payouts.


Future Payout to Shareholders

No need to calculate the sustainability of LiveHire's dividends in 3 years as they are not expected to pay a notable one for Australia.


Next Steps

Management

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

2.0yrs

Average management tenure


CEO

Christy Forest 0

1.2yrs

Tenure

AU$1,321,176

Compensation

Ms. Christy Forest is Chief Executive Officer and Executive Director of Livehire Ltd since June 12, 2018. She served as Managing Director of Asia Pacific at CEB. Ms. Forest has valuable and timely experien ...


CEO Compensation Analysis

Christy's remuneration is higher than average for companies of similar size in Australia.

Insufficient data for Christy to compare compensation growth.


Management Age and Tenure

2.0yrs

Average Tenure

The tenure for the LiveHire management team is about average.


Board Age and Tenure

1.9yrs

Average Tenure

The average tenure for the LiveHire board of directors is less than 3 years, this suggests a new board.


Insider Trading

No 3 month open market individual insider trading information.


Recent Insider Transactions

SellAU$99,53006 May 19
Morgan and Banks Investments Pty Ltd
EntityCompany
Shares206,450
Max PriceAU$0.48
BuyAU$2,001,12317 Jan 19
FIL Limited
EntityCompany
Shares3,679,883
Max PriceAU$0.54
SellAU$47,65318 Dec 18
Morgan and Banks Investments Pty Ltd
EntityCompany
Shares100,000
Max PriceAU$0.48
BuyAU$50,27205 Dec 18
Geoffrey Morgan
EntityIndividual
Role
Chairman of the Board
Non-Executive Chairman
Shares101,696
Max PriceAU$0.50
SellAU$102,00005 Dec 18
Morgan and Banks Investments Pty Ltd
EntityCompany
Shares200,000
Max PriceAU$0.51
BuyAU$151,79019 Nov 18
Morgan and Banks Investments Pty Ltd
EntityCompany
Shares379,969
Max PriceAU$0.45
BuyAU$49,95016 Nov 18
Christy Forest
EntityIndividual
Role
Chief Executive Officer
CEO & Executive Director
Shares125,000
Max PriceAU$0.40

Ownership Breakdown


Management Team

  • Gigi Gozzi

    Co-Founder

    • Tenure: 1.2yrs
    • Compensation: AU$628.62k
  • Patrick Galvin

    Executive Director of Commercial Execution

    • Tenure: 0.0yrs
    • Compensation: AU$557.42k
  • Paul Bridgewater

    Head of Partnerships & Alliances

    • Tenure: 3.1yrs
  • Ben Malone

    Chief Financial Officer

    • Tenure: 2.5yrs
    • Compensation: AU$342.43k
  • Denise Carson

    Sales Director

    • Tenure: 2.0yrs
  • Jarrod Hughes

    Head of Strategic Alliances & Regional Sales Leader

    • Tenure: 2.0yrs
  • Christy Forest

    CEO & Executive Director

    • Tenure: 1.2yrs
    • Compensation: AU$1.32m
  • Dan Harper

    Head of Integrations

    • Tenure: 1.3yrs
  • Robbert Lammers

    Head of Marketing

    • Tenure: 1.0yrs
  • Jacqui Davy

    General Counsel & Data Privacy Officer

    • Tenure: 1.0yrs

Board Members

  • Geoff Morgan (68yo)

    Non-Executive Chairman

    • Tenure: 3.8yrs
    • Compensation: AU$191.99k
  • Adam Zorzi

    Independent Non-Executive Director

    • Tenure: 7.3yrs
    • Compensation: AU$100.86k
  • Gigi Gozzi

    Co-Founder

    • Tenure: 1.2yrs
    • Compensation: AU$628.62k
  • Christy Forest

    CEO & Executive Director

    • Tenure: 1.2yrs
    • Compensation: AU$1.32m
  • Mike Rennie

    Independent Non Executive Director

    • Tenure: 1.4yrs
    • Compensation: AU$19.40k

Company Information

LiveHire Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: LiveHire Limited
  • Ticker: LVH
  • Exchange: ASX
  • Founded: 2011
  • Industry: Application Software
  • Sector: Software
  • Market Cap: AU$85.566m
  • Shares outstanding: 290.06m
  • Website: https://www.livehire.com

Location

  • LiveHire Limited
  • 461 Bourke Street
  • Level 10
  • Melbourne
  • Victoria
  • 3000
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
LVHASX (Australian Securities Exchange)YesOrdinary SharesAUAUDJun 2016
LVHCHIA (Chi-X Australia)YesOrdinary SharesAUAUDJun 2016
24XDB (Deutsche Boerse AG)YesOrdinary SharesDEEURJun 2016

Biography

LiveHire Limited provides online talent acquisition software solutions to small and large enterprises in Australia. The company operates LiveHire, a cloud-based HR productivity tool for sourcing and recrui ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/25 10:39
End of Day Share Price2019/08/23 00:00
Earnings2018/12/31
Annual Earnings2018/06/30


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.