ASX:LPE

Stock Analysis Report

Locality Planning Energy Holdings

Executive Summary

Locality Planning Energy Holdings Limited provides electricity and utility services to residential, commercial, and industrial customers throughout the Australian National Electricity Market.

Snowflake

Fundamentals

Mediocre balance sheet with weak fundamentals.

Share Price & News

How has Locality Planning Energy Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

6.9%

LPE

-1.1%

AU Electric Utilities

0.1%

AU Market


1 Year Return

-22.5%

LPE

38.5%

AU Electric Utilities

11.9%

AU Market

Return vs Industry: LPE underperformed the Australian Electric Utilities industry which returned 38.5% over the past year.

Return vs Market: LPE underperformed the Australian Market which returned 11.9% over the past year.


Shareholder returns

LPEIndustryMarket
7 Day6.9%-1.1%0.1%
30 Day11.5%2.9%-1.1%
90 Day-12.4%7.2%-1.4%
1 Year-22.5%-22.5%46.9%38.5%18.5%11.9%
3 Year-32.6%-32.6%90.3%59.3%36.4%18.1%
5 Yearn/a120.6%56.8%50.9%16.7%

Price Volatility Vs. Market

How volatile is Locality Planning Energy Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Locality Planning Energy Holdings undervalued compared to its fair value and its price relative to the market?

8.78x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate LPE's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate LPE's fair value to establish if it is undervalued.


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: LPE is overvalued based on its PB Ratio (8.8x) compared to the XO Electric Utilities industry average (2.1x).


Next Steps

Future Growth

How is Locality Planning Energy Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

6.3%

Forecasted Utilities industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Locality Planning Energy Holdings has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Locality Planning Energy Holdings performed over the past 5 years?

12.5%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: LPE is unprofitable, but has reduced losses over the past 5 years at a rate of 12.5% per year.

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

Earnings vs Industry: LPE is unprofitable, making it difficult to compare its past year earnings growth to the Electric Utilities industry (51.8%).


Return on Equity

High ROE: LPE has a negative Return on Equity (-49.23%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: LPE is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: LPE is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is Locality Planning Energy Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: LPE's short term assets (A$8.3M) exceeds its short term liabilities (A$3.6M)

Long Term Liabilities: LPE's short term assets (8.3M) exceeds its long term liabilities (5.2M)


Debt to Equity History and Analysis

Debt Level: LPE's debt to equity ratio (115.7%) is considered high

Reducing Debt: Insufficient data to determine if LPE's debt to equity ratio has reduced over the past 5 years.


Balance Sheet

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

Debt Coverage by Assets: LPE's debt is covered by short term assets (assets are 1.619930x debt).


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: LPE has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: LPE has less than a year of cash runway if free cash flow continues to grow at historical rates of 33.4% each year.


Next Steps

Dividend

What is Locality Planning Energy Holdings's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%2.4%markettop25%5.6%industryaverage4.2%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

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

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

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

Growing Dividend: Insufficient data to determine if LPE'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 LPE's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.


Next Steps

Management

What is the CEO of Locality Planning Energy Holdings's salary, the management and board of directors tenure and is there insider trading?

3.8yrs

Average board tenure


CEO

Damien Glanville 0

0yrs

Tenure

AU$352,809

Compensation

Mr. Damien Ian Glanville serves as Chief Executive Officer of Locality Planning Energy Holdings Limited and has been its Executive Director since December 11, 2015 and Joint Managing Director since Februar ...


CEO Compensation Analysis

Compensation vs. Market: Damien's total compensation ($USD242.21K) is about average for companies of similar size in the Australian market ($USD260.53K).

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


Board Age and Tenure

3.8yrs

Average Tenure

Experienced Board: LPE's board of directors are considered experienced (3.8 years average tenure).


Insider Trading

Insider Buying: LPE insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

SellAU$311,46722 Sep 19
Kathryn Pettett
EntityIndividual
Shares442,039
Max PriceAU$0.81
BuyAU$310,20022 Sep 19
Kathryn Pettett
EntityIndividual
Shares489,750
Max PriceAU$0.63
BuyAU$352,73420 Sep 19
EGP Capital
EntityCompany
Shares560,000
Max PriceAU$0.63
SellAU$63,00019 Sep 19
Damien Glanville
EntityIndividual
Role
Chief Executive Officer
Co-Founder
Shares100,000
Max PriceAU$0.63
BuyAU$24,79007 May 19
Damien Glanville
EntityIndividual
Role
Chief Executive Officer
Co-Founder
Shares37,000
Max PriceAU$0.67
SellAU$24,79007 May 19
Damien Glanville
EntityIndividual
Role
Chief Executive Officer
Co-Founder
Shares37,000
Max PriceAU$0.67
BuyAU$39,24011 Mar 19
Ben Chester
EntityIndividual
Role
Member of the Board of Directors
Co-Founder
Shares85,000
Max PriceAU$0.46
BuyAU$35,53711 Mar 19
Damien Glanville
EntityIndividual
Role
Chief Executive Officer
Co-Founder
Shares75,000
Max PriceAU$0.47

Ownership Breakdown


Management Team

  • Damien Glanville

    Co-Founder

    • Tenure: 0yrs
    • Compensation: AU$352.81k
  • Ben Chester

    Co-Founder

    • Tenure: 3.8yrs
    • Compensation: AU$352.79k
  • Melissa Farrell

    Chief Financial Officer

    • Tenure: 2.4yrs
    • Compensation: AU$188.95k
  • Bill Lyne

    Company Secretary

    • Tenure: 2.4yrs

Board Members

  • Neale O’Connell

    Independent Non-Executive Director

    • Tenure: 0.6yrs
    • Compensation: AU$16.43k
  • Andrew Pierce

    Non-Executive Chairman

    • Tenure: 0yrs
    • Compensation: AU$125.00k
  • Damien Glanville

    Co-Founder

    • Tenure: 0yrs
    • Compensation: AU$352.81k
  • Ben Chester

    Co-Founder

    • Tenure: 3.8yrs
    • Compensation: AU$352.79k

Company Information

Locality Planning Energy Holdings Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Locality Planning Energy Holdings Limited
  • Ticker: LPE
  • Exchange: ASX
  • Founded:
  • Industry: Electric Utilities
  • Sector: Utilities
  • Market Cap: AU$37.407m
  • Shares outstanding: 50.21m
  • Website: https://www.localityenergy.com.au

Number of Employees


Location

  • Locality Planning Energy Holdings Limited
  • 55 Plaza Parade
  • Tower 1
  • Maroochydore
  • Queensland
  • 4558
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
LPEASX (Australian Securities Exchange)YesOrdinary SharesAUAUDMay 2014
LPECHIA (Chi-X Australia)YesOrdinary SharesAUAUDMay 2014

Biography

Locality Planning Energy Holdings Limited provides electricity and utility services to residential, commercial, and industrial customers throughout the Australian National Electricity Market. The company i ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/23 10:33
End of Day Share Price2019/10/23 00:00
Earnings2019/06/30
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.