ASX:LVH

Stock Analysis Report

Executive Summary

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


Snowflake Analysis

Flawless balance sheet and fair value.


Similar Companies

Share Price & News

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


Latest Share Price and Events

Stable Share Price: LVH's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

53.4%

LVH

11.9%

AU Software

5.3%

AU Market


1 Year Return

-74.5%

LVH

-7.0%

AU Software

-17.6%

AU Market

Return vs Industry: LVH underperformed the Australian Software industry which returned -6.4% over the past year.

Return vs Market: LVH underperformed the Australian Market which returned -19.4% over the past year.


Shareholder returns

LVHIndustryMarket
7 Day53.4%11.9%5.3%
30 Day-35.7%-11.0%-18.2%
90 Day-41.3%-20.6%-22.6%
1 Year-74.5%-74.5%-6.1%-7.0%-13.9%-17.6%
3 Year-75.0%-75.0%93.8%86.2%-0.4%-14.1%
5 Yearn/a79.6%68.1%10.7%-14.3%

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 compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: LVH (A$0.13) is trading below our estimate of fair value (A$1.3)

Significantly Below Fair Value: LVH is trading below fair value by more than 20%.


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: LVH is good value based on its PB Ratio (1.3x) compared to the AU Software industry average (2.8x).


Next Steps

Future Growth

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

60.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

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

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

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

Revenue vs Market: LVH's revenue (50.4% per year) is forecast to grow faster than the Australian market (4% per year).

High Growth Revenue: LVH's revenue (50.4% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

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


Next Steps

Past Performance

How has LiveHire performed over the past 5 years?

-42.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: LVH is currently unprofitable.

Growing Profit Margin: LVH is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: LVH is unprofitable, and losses have increased over the past 5 years at a rate of -42% per year.

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

Earnings vs Industry: LVH is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (14.1%).


Return on Equity

High ROE: LVH has a negative Return on Equity (-58.43%), as it is currently unprofitable.


Next Steps

Financial Health

How is LiveHire's financial position?


Financial Position Analysis

Short Term Liabilities: LVH's short term assets (A$27.8M) exceed its short term liabilities (A$3.4M).

Long Term Liabilities: LVH's short term assets (A$27.8M) exceed its long term liabilities (A$894.3K).


Debt to Equity History and Analysis

Debt Level: LVH is debt free.

Reducing Debt: LVH has not had any debt for past 5 years.


Balance Sheet

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

Debt Coverage by Assets: Insufficient data to determine if LVH'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: LVH has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: LVH has sufficient cash runway for 2 years if free cash flow continues to reduce at historical rates of -37.6% each year.


Next Steps

Dividend

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


Dividend Yield vs Market

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

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


Stability and Growth of Payments

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

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

2.7yrs

Average management tenure


CEO

Christy Forest

1.83s

Tenure

AU$1,217,765

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

Compensation vs Market: Christy's total compensation ($USD747.05K) is above average for companies of similar size in the Australian market ($USD246.06K).

Compensation vs Earnings: Christy's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
Michael Rennie
Executive Chairman0.67yrAU$60.00k1.53% A$601.8k
Christy Forest
CEO & Executive Director1.83yrsAU$1.22m1.07% A$421.5k
Antonluigi Gozzi
Co-Founder1.83yrsAU$224.79k9.51% A$3.7m
Ben Malone
Chief Financial Officer3.17yrsAU$458.34k0.15% A$59.2k
Jacqueline Davy
General Counsel & Data Privacy Officer1.67yrsno datano data
Denise Carson
Sales Director2.67yrsno datano data
Robbert Lammers
Director of Marketing1.75yrsno datano data
Paul Bridgewater
Head of Partnerships & Alliances3.75yrsno datano data
Jarrod Hughes
Head of Strategic Alliances & Regional Sales Leader2.67yrsno datano data
Dan Harper
Head of Integrations2yrsno datano data

2.7yrs

Average Tenure

Experienced Management: LVH's management team is considered experienced (2.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Michael Rennie
Executive Chairman0.67yrAU$60.00k1.53% A$601.8k
Christy Forest
CEO & Executive Director1.83yrsAU$1.22m1.07% A$421.5k
Antonluigi Gozzi
Co-Founder1.83yrsAU$224.79k9.51% A$3.7m
Adam Zorzi
Independent Non-Executive Director8yrsAU$85.70k1.35% A$529.5k
Reina Nicholls
Independent Non-Executive Director0.50yrno datano data

1.8yrs

Average Tenure

Experienced Board: LVH's board of directors are not considered experienced ( 1.8 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 13.4%.


Top Shareholders

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$39.309m
  • Shares outstanding: 302.38m
  • 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 human resources productivity tool for sourcing and recruitment, as well as delivers internal mobility and sourcing solutions. Its platform enables customers to leverage their brand, employee networks, and digital assets to invite and curate talent from online and offline into a private talent community. The company was founded in 2011 and is based in Melbourne, Australia. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/04/02 10:58
End of Day Share Price2020/04/02 00:00
Earnings2019/12/31
Annual Earnings2019/06/30


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.