LAU Stock Overview
Lindsay Australia Limited, together with its subsidiaries, provides integrated transport, logistics, and rural supply services to the agriculture, horticulture, and food-related industries in Australia.
Lindsay Australia Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.59|
|52 Week High||AU$0.64|
|52 Week Low||AU$0.36|
|1 Month Change||1.72%|
|3 Month Change||35.63%|
|1 Year Change||59.46%|
|3 Year Change||68.57%|
|5 Year Change||53.25%|
|Change since IPO||-48.70%|
Recent News & Updates
A Look At The Fair Value Of Lindsay Australia Limited (ASX:LAU)
How far off is Lindsay Australia Limited ( ASX:LAU ) from its intrinsic value? Using the most recent financial data...
|LAU||AU Transportation||AU Market|
Return vs Industry: LAU exceeded the Australian Transportation industry which returned -16.3% over the past year.
Return vs Market: LAU exceeded the Australian Market which returned -10.8% over the past year.
|LAU Average Weekly Movement||7.0%|
|Transportation Industry Average Movement||6.9%|
|Market Average Movement||9.4%|
|10% most volatile stocks in AU Market||16.5%|
|10% least volatile stocks in AU Market||4.2%|
Stable Share Price: LAU is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: LAU's weekly volatility (7%) has been stable over the past year.
About the Company
Lindsay Australia Limited, together with its subsidiaries, provides integrated transport, logistics, and rural supply services to the agriculture, horticulture, and food-related industries in Australia. The company operates through Transport and Rural segments. It also provides packaging, fertilizers, chemicals, and irrigation equipment services.
Lindsay Australia Fundamentals Summary
|LAU fundamental statistics|
Is LAU overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|LAU income statement (TTM)|
|Cost of Revenue||AU$369.95m|
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
|Earnings per share (EPS)||0.064|
|Net Profit Margin||3.46%|
How did LAU perform over the long term?See historical performance and comparison
5.4%Current Dividend Yield
Is LAU undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 3/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for LAU?
Other financial metrics that can be useful for relative valuation.
|What is LAU's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does LAU's PE Ratio compare to its peers?
|LAU PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
KLS Kelsian Group
SLH Silk Logistics Holdings
CLX CTI Logistics
LAU Lindsay Australia
Price-To-Earnings vs Peers: LAU is good value based on its Price-To-Earnings Ratio (9.3x) compared to the peer average (13.4x).
Price to Earnings Ratio vs Industry
How does LAU's PE Ratio compare vs other companies in the Global Transportation Industry?
Price-To-Earnings vs Industry: LAU is good value based on its Price-To-Earnings Ratio (9.3x) compared to the Global Transportation industry average (12.8x)
Price to Earnings Ratio vs Fair Ratio
What is LAU's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||9.3x|
|Fair PE Ratio||17x|
Price-To-Earnings vs Fair Ratio: LAU is good value based on its Price-To-Earnings Ratio (9.3x) compared to the estimated Fair Price-To-Earnings Ratio (17x).
Share Price vs Fair Value
What is the Fair Price of LAU when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: LAU (A$0.59) is trading above our estimate of fair value (A$0.56)
Significantly Below Fair Value: LAU is trading above our estimate of fair value.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Target price is lower than the current share price.
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How is Lindsay Australia forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Future Growth Score1/6
Future Growth Score 1/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: LAU's forecast earnings growth (5.7% per year) is above the savings rate (1.8%).
Earnings vs Market: LAU's earnings (5.7% per year) are forecast to grow slower than the Australian market (6.4% per year).
High Growth Earnings: LAU's earnings are forecast to grow, but not significantly.
Revenue vs Market: LAU's revenue (3.4% per year) is forecast to grow slower than the Australian market (3.6% per year).
High Growth Revenue: LAU's revenue (3.4% 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 (16.6%).
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How has Lindsay Australia performed over the past 5 years?
Past Performance Score5/6
Past Performance Score 5/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: LAU has high quality earnings.
Growing Profit Margin: LAU's current net profit margins (3.5%) are higher than last year (0.3%).
Past Earnings Growth Analysis
Earnings Trend: LAU's earnings have grown by 6.5% per year over the past 5 years.
Accelerating Growth: LAU's earnings growth over the past year (1433.5%) exceeds its 5-year average (6.5% per year).
Earnings vs Industry: LAU earnings growth over the past year (1433.5%) exceeded the Transportation industry 26.4%.
Return on Equity
High ROE: LAU's Return on Equity (18.7%) is considered low.
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How is Lindsay Australia's financial position?
Financial Health Score4/6
Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: LAU's short term assets (A$147.4M) exceed its short term liabilities (A$131.2M).
Long Term Liabilities: LAU's short term assets (A$147.4M) do not cover its long term liabilities (A$177.3M).
Debt to Equity History and Analysis
Debt Level: LAU's net debt to equity ratio (2.9%) is considered satisfactory.
Reducing Debt: LAU's debt to equity ratio has increased from 28.7% to 31.1% over the past 5 years.
Debt Coverage: LAU's debt is well covered by operating cash flow (123.6%).
Interest Coverage: LAU's interest payments on its debt are well covered by EBIT (4.3x coverage).
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What is Lindsay Australia current dividend yield, its reliability and sustainability?
Dividend Score 4/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
|Lindsay Australia Dividend Yield vs Market|
|Company (Lindsay Australia)||5.4%|
|Market Bottom 25% (AU)||2.8%|
|Market Top 25% (AU)||7.1%|
|Industry Average (Transportation)||2.0%|
|Analyst forecast in 3 Years (Lindsay Australia)||6.5%|
Notable Dividend: LAU's dividend (5.42%) is higher than the bottom 25% of dividend payers in the Australian market (2.8%).
High Dividend: LAU's dividend (5.42%) is low compared to the top 25% of dividend payers in the Australian market (7.15%).
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.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (50.1%), LAU's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (37.4%), LAU's dividend payments are well covered by cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Michael Lindsay (64 yo)
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
|Michael Lindsay's Compensation vs Lindsay Australia Earnings|
|Date||Total Comp.||Salary||Company Earnings|
|Jun 30 2022||AU$1m||AU$845k|
|Mar 31 2022||n/a||n/a|
|Dec 31 2021||n/a||n/a|
|Sep 30 2021||n/a||n/a|
|Jun 30 2021||AU$1m||AU$829k|
|Mar 31 2021||n/a||n/a|
|Dec 31 2020||n/a||n/a|
|Sep 30 2020||n/a||n/a|
|Jun 30 2020||AU$1m||AU$843k|
|Mar 31 2020||n/a||n/a|
|Dec 31 2019||n/a||n/a|
|Sep 30 2019||n/a||n/a|
|Jun 30 2019||AU$1m||AU$828k|
|Mar 31 2019||n/a||n/a|
|Dec 31 2018||n/a||n/a|
|Sep 30 2018||n/a||n/a|
|Jun 30 2018||AU$1m||AU$889k|
|Mar 31 2018||n/a||n/a|
|Dec 31 2017||n/a||n/a|
|Sep 30 2017||n/a||n/a|
|Jun 30 2017||AU$997k||AU$823k|
|Mar 31 2017||n/a||n/a|
|Dec 31 2016||n/a||n/a|
|Sep 30 2016||n/a||n/a|
|Jun 30 2016||AU$944k||AU$822k|
Compensation vs Market: Michael's total compensation ($USD883.73K) is above average for companies of similar size in the Australian market ($USD273.55K).
Compensation vs Earnings: Michael's compensation has increased by more than 20% in the past year.
Experienced Management: LAU's management team is seasoned and experienced (6.6 years average tenure).
Experienced Board: LAU's board of directors are not considered experienced ( 1.1 years average tenure), which suggests a new board.
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
|19 Apr 22||SellAU$3,381,719||Washington H. Soul Pattinson and Company Limited||Company||8,000,364||AU$0.43|
|Owner Type||Number of Shares||Ownership Percentage|
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
|Ownership||Name||Shares||Current Value||Change %||Portfolio %|
Lindsay Australia Limited's employee growth, exchange listings and data sources
- Name: Lindsay Australia Limited
- Ticker: LAU
- Exchange: ASX
- Founded: 1993
- Industry: Trucking
- Sector: Transportation
- Implied Market Cap: AU$179.682m
- Shares outstanding: 301.99m
- Website: https://www.lindsayaustralia.com.au
Number of Employees
- Lindsay Australia Limited
- 152 Postle Street
- Acacia Ridge
|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|
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/10/03 00:00|
|End of Day Share Price||2022/10/03 00:00|
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.