Lindsay Australia
Market Cap
AU$110.5m
Last Updated
2019/10/21 10:32 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 services, fresh produce, rural, agriculture, and horticultural industries in Australia.
Snowflake
Fundamentals
Excellent balance sheet established 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
Market Performance
7 Day Return
-2.7%
LAU
-0.7%
AU Transportation
0.4%
AU Market
1 Year Return
-5.3%
LAU
30.7%
AU Transportation
9.8%
AU Market
Return vs Industry: LAU underperformed the Australian Transportation industry which returned 30.7% over the past year.
Return vs Market: LAU underperformed the Australian Market which returned 9.8% over the past year.
Shareholder returns
| LAU | Industry | Market | |
|---|---|---|---|
| 7 Day | -2.7% | -0.7% | 0.4% |
| 30 Day | 2.9% | -3.4% | -1.3% |
| 90 Day | 9.1% | 4.6% | -0.5% |
| 1 Year | 0.3%-5.3% | 37.0%30.7% | 16.1%9.8% |
| 3 Year | -2.7%-16.3% | 51.9%42.4% | 36.1%17.9% |
| 5 Year | 25.8%-1.4% | 57.5%40.8% | 49.4%15.7% |
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
2 weeks ago | Simply Wall St
Does Lindsay Australia Limited's (ASX:LAU) Recent Track Record Look Strong?3 weeks ago | Simply Wall St
Why We Think Lindsay Australia Limited (ASX:LAU) Could Be Worth Looking At1 month ago | Simply Wall St
Volatility 101: Should Lindsay Australia (ASX:LAU) Shares Have Dropped 21%?Valuation
Is Lindsay Australia undervalued compared to its fair value and its price relative to the market?
11.98x
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$0.34)
Significantly Below Fair Value: LAU is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: LAU is good value based on its PE Ratio (12x) compared to the Transportation industry average (17.5x).
PE vs Market: LAU is good value based on its PE Ratio (12x) compared to the Australian market (18.2x).
Price to Earnings Growth Ratio
PEG Ratio: LAU is poor value based on its PEG Ratio (1.6x)
Price to Book Ratio
PB vs Industry: LAU is good value based on its PB Ratio (1.1x) compared to the XO Transportation industry average (2.2x).
Next Steps
Future Growth
How is Lindsay Australia forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
7.6%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: LAU's forecast earnings growth (7.6% per year) is above the savings rate (2.3%).
Earnings vs Market: LAU's earnings (7.6% per year) are forecast to grow slower than the Australian market (10.3% per year).
High Growth Earnings: LAU's earnings are forecast to grow, but not significantly.
Revenue vs Market: LAU's revenue (3.9% per year) is forecast to grow faster than the Australian market (3.6% per year).
High Growth Revenue: LAU's revenue (3.9% 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 (10.7%).
Next Steps
Past Performance
How has Lindsay Australia performed over the past 5 years?
5.2%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: LAU's earnings have grown by 5.2% per year over the past 5 years.
Accelerating Growth: LAU's earnings growth over the past year (10.2%) exceeds its 5-year average (5.2% per year).
Earnings vs Industry: LAU earnings growth over the past year (10.2%) exceeded the Transportation industry 5.1%.
Return on Equity
High ROE: LAU's Return on Equity (9.4%) is considered low.
Return on Assets
ROA vs Industry: LAU's Return on Assets is below or equal to the Transportation industry average last year.
Return on Capital Employed
ROCE Improving: LAU has significantly improved its Return on Capital Employed over the past 3 years.
Next Steps
Financial Health
How is Lindsay Australia's financial position?
Financial Position Analysis
Short Term Liabilities: LAU's short term assets (A$90.8M) do not cover its short term liabilities (A$90.9M)
Long Term Liabilities: LAU's short term assets (90.8M) exceeds its long term liabilities (85.5M)
Debt to Equity History and Analysis
Debt Level: LAU's debt to equity ratio (21.3%) is considered satisfactory
Reducing Debt: LAU's debt to equity ratio has reduced from 32.5% to 21.3% over the past 5 years.
Debt Coverage: LAU's debt is well covered by operating cash flow (175.6%).
Interest Coverage: LAU's interest payments on its debt are well covered by EBIT (3.1x coverage).
Balance Sheet
Inventory Level: LAU has a high level of physical assets or inventory.
Debt Coverage by Assets: LAU's debt is covered by short term assets (assets are 4.526910x debt).
Next Steps
Dividend
What is Lindsay Australia's current dividend yield, its reliability and sustainability?
6.11%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: LAU's dividend (6.11%) is higher than the bottom 25% of dividend payers in the Australian market (2.44%).
High Dividend: LAU's dividend (6.11%) is in the top 25% of dividend payers in the Australian market (5.59%)
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: With its reasonable payout ratio (69.9%), LAU's dividend 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 (65.1% payout ratio).
Next Steps
Management
What is the CEO of Lindsay Australia's salary, the management and board of directors tenure and is there insider trading?
2.3yrs
Average management tenure
CEO
Michael Lindsay (61yo)
17.8yrs
Tenure
AU$1,148,602
Compensation
Mr. Michael Kim Lindsay has been Chief Executive Officer and Managing Director at Lindsay Australia Limited since 2002. Mr. Lindsay founded Lindsay Rural Pty Ltd., a subsidiary of Lindsay Australia in 1983 ...
CEO Compensation Analysis
Compensation vs. Market: Michael's total compensation ($USD786.34K) is about average for companies of similar size in the Australian market ($USD257.37K).
Compensation vs Earnings: Michael's compensation has been consistent with company performance over the past year.
Management Age and Tenure
2.3yrs
Average Tenure
Experienced Management: LAU's management team is considered experienced (2.3 years average tenure).
Board Age and Tenure
16.8yrs
Average Tenure
67.5yo
Average Age
Experienced Board: LAU's board of directors are seasoned and experienced ( 16.8 years average tenure).
Insider Trading
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Management Team
Michael Lindsay (61yo)
MD, CEO & Executive Director
- Tenure: 17.8yrs
- Compensation: AU$1.15m
B. Anthony
Executive
- Tenure: 0yrs
- Compensation: AU$151.65k
Broderick Jones
- Tenure: 0yrs
- Compensation: AU$341.39k
R. Hess
Executive
- Tenure: 0yrs
- Compensation: AU$191.53k
R. Dummer
Executive
- Tenure: 0yrs
- Compensation: AU$164.10k
Justin Green
CFO & Company Secretary
- Tenure: 1.8yrs
- Compensation: AU$355.56k
C. Baker
General Manager of Rural
- Tenure: 2.3yrs
- Compensation: AU$443.34k
Board Members
John Pressler (77yo)
Non-Executive Chairman
- Tenure: 22.8yrs
- Compensation: AU$92.03k
Richard Anderson (73yo)
Independent Non-Executive Director
- Tenure: 16.8yrs
- Compensation: AU$69.02k
Michael Lindsay (61yo)
MD, CEO & Executive Director
- Tenure: 17.8yrs
- Compensation: AU$1.15m
Robert Green (62yo)
Non-Executive Director
- Tenure: 0.2yrs
Anthony Kelly
Independent Non-Executive Director
- Tenure: 0.4yrs
- Compensation: AU$11.50k
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:
- Industry: Trucking
- Sector: Transportation
- Market Cap: AU$110.544m
- Shares outstanding: 298.77m
- Website: https://www.lindsayaustralia.com.au
Number of Employees
Location
- Lindsay Australia Limited
- 152 Postle Street
- Acacia Ridge
- Queensland
- 4110
- Australia
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| LAU | ASX (Australian Securities Exchange) | Yes | Ordinary Shares | AU | AUD | Jul 1994 |
| LAU | CHIA (Chi-X Australia) | Yes | Ordinary Shares | AU | AUD | Jul 1994 |
Biography
Lindsay Australia Limited, together with its subsidiaries, provides integrated transport, logistics, and rural supply services to the food processing, food services, fresh produce, rural, agriculture, and ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/21 10:32 |
| End of Day Share Price | 2019/10/21 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2019/06/30 |
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.