Lassonde Industries Inc., together with its subsidiaries, develops, produces, and markets a range of ready-to-drink fruit juices and drinks, and frozen juice concentrates in Canada, the United States, and internationally. More Details
No risks detected for LAS.A from our risk checks.
Flawless balance sheet and undervalued.
Share Price & News
How has Lassonde Industries's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: LAS.A is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: LAS.A's weekly volatility (4%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: LAS.A underperformed the Canadian Food industry which returned 28.8% over the past year.
Return vs Market: LAS.A underperformed the Canadian Market which returned 38.6% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Lassonde Industries's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall StWhat Type Of Shareholders Make Up Lassonde Industries Inc.'s (TSE:LAS.A) Share Registry?
1 month ago | Simply Wall StWith EPS Growth And More, Lassonde Industries (TSE:LAS.A) Is Interesting
1 month ago | Simply Wall StBe Sure To Check Out Lassonde Industries Inc. (TSE:LAS.A) Before It Goes Ex-Dividend
Is Lassonde Industries undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: LAS.A (CA$182.82) is trading below our estimate of fair value (CA$1473.34)
Significantly Below Fair Value: LAS.A is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: LAS.A is good value based on its PE Ratio (13x) compared to the CA Food industry average (21.6x).
PE vs Market: LAS.A is good value based on its PE Ratio (13x) compared to the Canadian market (16.9x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate LAS.A's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: LAS.A is good value based on its PB Ratio (1.7x) compared to the CA Food industry average (2.8x).
How is Lassonde Industries forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if LAS.A's forecast earnings growth is above the savings rate (1.5%).
Earnings vs Market: Insufficient data to determine if LAS.A's earnings are forecast to grow faster than the Canadian market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: LAS.A's revenue (1.7% per year) is forecast to grow slower than the Canadian market (7% per year).
High Growth Revenue: LAS.A's revenue (1.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if LAS.A's Return on Equity is forecast to be high in 3 years time
How has Lassonde Industries performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: LAS.A has high quality earnings.
Growing Profit Margin: LAS.A's current net profit margins (4.9%) are higher than last year (4.3%).
Past Earnings Growth Analysis
Earnings Trend: LAS.A's earnings have grown by 6.7% per year over the past 5 years.
Accelerating Growth: LAS.A's earnings growth over the past year (35.7%) exceeds its 5-year average (6.7% per year).
Earnings vs Industry: LAS.A earnings growth over the past year (35.7%) underperformed the Food industry 53%.
Return on Equity
High ROE: LAS.A's Return on Equity (12.8%) is considered low.
How is Lassonde Industries's financial position?
Financial Position Analysis
Short Term Liabilities: LAS.A's short term assets (CA$440.6M) exceed its short term liabilities (CA$290.2M).
Long Term Liabilities: LAS.A's short term assets (CA$440.6M) exceed its long term liabilities (CA$295.7M).
Debt to Equity History and Analysis
Debt Level: LAS.A's debt to equity ratio (21.8%) is considered satisfactory.
Reducing Debt: LAS.A's debt to equity ratio has reduced from 67.3% to 21.8% over the past 5 years.
Debt Coverage: LAS.A's debt is well covered by operating cash flow (133.3%).
Interest Coverage: LAS.A's interest payments on its debt are well covered by EBIT (9.3x coverage).
What is Lassonde Industries's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: LAS.A's dividend (1.42%) isn’t notable compared to the bottom 25% of dividend payers in the Canadian market (1.5%).
High Dividend: LAS.A's dividend (1.42%) is low compared to the top 25% of dividend payers in the Canadian market (4.81%).
Stability and Growth of Payments
Stable Dividend: LAS.A's dividend payments have been volatile in the past 10 years.
Growing Dividend: LAS.A's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (18%), LAS.A's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: LAS.A's dividends in 3 years are forecast to be well covered by earnings (24.2% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mrs. Nathalie Lassonde serves as Chief Executive Officer of Lassonde Industries Inc. since May, 2019. Mrs. Lassonde served as Vice President of Organizational Efficiency, Assistant to the Chairman and Chie...
CEO Compensation Analysis
Compensation vs Market: Nathalie's total compensation ($USD951.30K) is about average for companies of similar size in the Canadian market ($USD1.18M).
Compensation vs Earnings: Nathalie's compensation has increased by more than 20% in the past year.
Experienced Management: LAS.A's management team is considered experienced (3 years average tenure).
Experienced Board: LAS.A's board of directors are considered experienced (9 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Lassonde Industries Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Lassonde Industries Inc.
- Ticker: LAS.A
- Exchange: TSX
- Founded: 1918
- Industry: Packaged Foods and Meats
- Sector: Food, Beverage & Tobacco
- Market Cap: CA$1.242b
- Shares outstanding: 6.93m
- Website: https://www.lassonde.com
Number of Employees
- Lassonde Industries Inc.
- 755 Principale Street
- J0L 1M0
Lassonde Industries Inc., together with its subsidiaries, develops, produces, and markets a range of ready-to-drink fruit juices and drinks, and frozen juice concentrates in Canada, the United States, and ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/04/13 22:11|
|End of Day Share Price||2021/04/13 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.