Lindsay Australia
Market Cap
AU$114.0m
Last Updated
2021/05/07 08:13 UTC
Data Sources
Company Financials +
Executive Summary
Lindsay Australia Limited, together with its subsidiaries, provides integrated transport, logistics, and rural supply services to the food processing, food service, fresh produce, rural, agriculture, and horticultural industries in Australia. More Details
Rewards
Risk Analysis
Snowflake Analysis
Adequate balance sheet average dividend payer.
Share Price & News
How has Lindsay Australia's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: LAU is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: LAU's weekly volatility (3%) has been stable over the past year.
Market Performance
7 Day Return
-5.3%
LAU
-1.1%
AU Transportation
-0.5%
AU Market
1 Year Return
2.9%
LAU
33.0%
AU Transportation
37.3%
AU Market
Return vs Industry: LAU underperformed the Australian Transportation industry which returned 33% over the past year.
Return vs Market: LAU underperformed the Australian Market which returned 37.3% over the past year.
Shareholder returns
| LAU | Industry | Market | |
|---|---|---|---|
| 7 Day | -5.3% | -1.1% | -0.5% |
| 30 Day | 1.4% | -2.8% | 2.3% |
| 90 Day | 2.9% | 3.3% | 2.9% |
| 1 Year | 7.9%2.9% | 35.0%33.0% | 41.4%37.3% |
| 3 Year | 10.4%-6.5% | 30.8%23.6% | 31.1%15.3% |
| 5 Year | 0.4%-22.1% | 78.8%62.8% | 62.1%31.8% |
Long-Term Price Volatility Vs. Market
How volatile is Lindsay Australia's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 days ago | Simply Wall St
Lindsay Australia (ASX:LAU) Long Term Shareholders are 8.8% In The Black3 weeks ago | Simply Wall St
Is Lindsay Australia Limited (ASX:LAU) A Good Fit For Your Dividend Portfolio?1 month ago | Simply Wall St
Lindsay Australia (ASX:LAU) Could Be Struggling To Allocate CapitalValuation
Is Lindsay Australia undervalued compared to its fair value and its price relative to the market?
17.81x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: LAU (A$0.36) is trading above our estimate of fair value (A$0.21)
Significantly Below Fair Value: LAU is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: LAU is poor value based on its PE Ratio (17.8x) compared to the XX Transportation industry average (17.6x).
PE vs Market: LAU is good value based on its PE Ratio (17.8x) compared to the Australian market (20.6x).
Price to Earnings Growth Ratio
PEG Ratio: LAU is good value based on its PEG Ratio (1x)
Price to Book Ratio
PB vs Industry: LAU is good value based on its PB Ratio (1.1x) compared to the XX Transportation industry average (1.3x).
Future Growth
How is Lindsay Australia forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
18.2%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: LAU's forecast earnings growth (18.2% per year) is above the savings rate (1.9%).
Earnings vs Market: LAU's earnings (18.2% per year) are forecast to grow faster than the Australian market (14% per year).
High Growth Earnings: LAU's earnings are forecast to grow, but not significantly.
Revenue vs Market: LAU's revenue (4.5% per year) is forecast to grow slower than the Australian market (5.3% per year).
High Growth Revenue: LAU's revenue (4.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: LAU's Return on Equity is forecast to be low in 3 years time (10.5%).
Past Performance
How has Lindsay Australia performed over the past 5 years?
-1.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: LAU has a large one-off gain of A$1.9M impacting its December 31 2020 financial results.
Growing Profit Margin: LAU's current net profit margins (1.5%) are lower than last year (2.3%).
Past Earnings Growth Analysis
Earnings Trend: LAU's earnings have declined by 1.4% per year over the past 5 years.
Accelerating Growth: LAU's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: LAU had negative earnings growth (-34.6%) over the past year, making it difficult to compare to the Transportation industry average (-0.8%).
Return on Equity
High ROE: LAU's Return on Equity (6.2%) is considered low.
Financial Health
How is Lindsay Australia's financial position?
Financial Position Analysis
Short Term Liabilities: LAU's short term assets (A$101.1M) exceed its short term liabilities (A$90.9M).
Long Term Liabilities: LAU's short term assets (A$101.1M) do not cover its long term liabilities (A$184.1M).
Debt to Equity History and Analysis
Debt Level: LAU's debt to equity ratio (21.7%) is considered satisfactory.
Reducing Debt: LAU's debt to equity ratio has reduced from 24.9% to 21.7% over the past 5 years.
Debt Coverage: LAU's debt is well covered by operating cash flow (191.8%).
Interest Coverage: LAU's interest payments on its debt are not well covered by EBIT (1.7x coverage).
Balance Sheet
Dividend
What is Lindsay Australia current dividend yield, its reliability and sustainability?
4.17%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: LAU's dividend (4.17%) is higher than the bottom 25% of dividend payers in the Australian market (2.03%).
High Dividend: LAU's dividend (4.17%) is low compared to the top 25% of dividend payers in the Australian market (5.25%).
Stability and Growth of Payments
Stable Dividend: LAU's dividend payments have been volatile in the past 10 years.
Growing Dividend: LAU's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (84.1%), LAU's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: LAU's dividends in 3 years are forecast to be covered by earnings (59.3% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.8yrs
Average management tenure
CEO
Michael Lindsay (62 yo)
19.33yrs
Tenure
AU$1,209,374
Compensation
Mr. Michael Kim Lindsay has been Chief Executive Officer and Managing Director at Lindsay Australia Limited since 2002. Mr. Lindsay founded Lindsay Rural Pty Ltd., a subsidiary of Lindsay Australia in 1983...
CEO Compensation Analysis
Compensation vs Market: Michael's total compensation ($USD940.12K) is above average for companies of similar size in the Australian market ($USD287.37K).
Compensation vs Earnings: Michael's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: LAU's management team is considered experienced (3.8 years average tenure).
Board Members
Experienced Board: LAU's board of directors are not considered experienced ( 1.9 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.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Lindsay Australia Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Lindsay Australia Limited
- Ticker: LAU
- Exchange: ASX
- Founded: 1993
- Industry: Trucking
- Sector: Transportation
- Market Cap: AU$114.049m
- Shares outstanding: 300.13m
- Website: https://www.lindsayaustralia.com.au
Number of Employees
Location
- Lindsay Australia Limited
- 152 Postle Street
- Acacia Ridge
- Queensland
- 4110
- Australia
Listings
Biography
Lindsay Australia Limited, together with its subsidiaries, provides integrated transport, logistics, and rural supply services to the food processing, food service, fresh produce, rural, agriculture, and h...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/05/07 08:13 |
| End of Day Share Price | 2021/05/07 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/06/30 |
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.