TSX:LAS.A

Stock Analysis Report

Executive Summary

Lassonde Industries Inc., together with its subsidiaries, develops, manufactures, and markets various ready-to-drink fruit and vegetable juices and drinks in Canada, the United States, and internationally.

Snowflake

Fundamentals

Excellent balance sheet and fair value.

Risks

  • Lassonde Industries is covered by less than 3 analysts.

Similar Companies

Share Price & News

How has Lassonde Industries's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

4.4%

TSX:LAS.A

-0.0009%

CA Food

-0.6%

CA Market


1 Year Return

-25.6%

TSX:LAS.A

-1.6%

CA Food

-4.9%

CA Market

LAS.A underperformed the Food industry which returned -1.4% over the past year.

LAS.A underperformed the Market in Canada which returned -4.8% over the past year.


Share holder returns

LAS.AIndustryMarket
7 Day4.4%-0.0009%-0.6%
30 Day-0.9%4.2%-2.6%
90 Day-6.2%-5.4%-2.0%
1 Year-24.5%-25.6%0.2%-1.6%-1.5%-4.9%
3 Year-11.1%-14.3%2.8%-2.4%14.0%3.9%
5 Year52.7%44.0%39.6%28.9%12.3%-3.5%

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

Valuation

Is Lassonde Industries undervalued based on future cash flows and its price relative to the stock market?

31%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Lassonde Industries's share price is below the future cash flow value, and at a moderate discount (> 20%).

Lassonde Industries's share price is below the future cash flow value, but not at a substantial discount (< 40%).


Price Based on Earnings

Lassonde Industries is good value based on earnings compared to the CA Food industry average.

Lassonde Industries is overvalued based on earnings compared to the Canada market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Lassonde Industries, we can't assess if its growth is good value.


Price Based on Value of Assets

Lassonde Industries is good value based on assets compared to the CA Food industry average.


Next Steps

Future Growth

How is Lassonde Industries expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

1.1%

Forecasted annual revenue growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Lassonde Industries's revenue is expected to grow by 1.1% yearly, however this is not considered high growth (20% yearly).

Lassonde Industries's earnings are expected to grow by 18.1% yearly, however this is not considered high growth (20% yearly).

Lassonde Industries's revenue growth is positive but not above the Canada market average.

Lassonde Industries's earnings growth is expected to exceed the Canada market average.

Lassonde Industries's earnings growth is expected to exceed the low risk savings rate of 1.9%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Lassonde Industries will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Lassonde Industries performed over the past 5 years?

11.3%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Lassonde Industries's year on year earnings growth rate has been positive over the past 5 years.

Lassonde Industries's 1-year earnings growth is negative, it can't be compared to the 5-year average.

Lassonde Industries's 1-year earnings growth is negative, it can't be compared to the CA Food industry average.


Return on Equity

Lassonde Industries has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Lassonde Industries used its assets more efficiently than the CA Food industry average last year based on Return on Assets.


Return on Capital Employed

Lassonde Industries's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Lassonde Industries's financial position?


Financial Position Analysis

Lassonde Industries is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Lassonde Industries's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Lassonde Industries's level of debt (50.2%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has been reduced over the past 5 years (74.9% vs 50.2% today).

Debt is well covered by operating cash flow (38.6%, greater than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 5.7x coverage).


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 1.2x debt.


Next Steps

Dividend

What is Lassonde Industries's current dividend yield, its reliability and sustainability?

1.80%

Current Dividend Yield


Dividend Yield and Payments Analysis

Lassonde Industries's pays a lower dividend yield than the bottom 25% of dividend payers in Canada (2%).

Lassonde Industries's dividend is below the markets top 25% of dividend payers in Canada (5.88%).

Dividends per share have been stable in the past 10 years.

Dividends per share have increased over the past 10 years.


Current Payout to Shareholders

Dividends paid are well covered by earnings (2.9x coverage).


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Lassonde Industries's salary, the management and board of directors tenure and is there insider trading?

3.8yrs

Average management tenure


CEO

Nathalie Lassonde 0

0.3yrs

Tenure

CA$239,641

Compensation

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 Chief ...


CEO Compensation Analysis

Nathalie's remuneration is lower than average for companies of similar size in Canada.

Nathalie's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

3.8yrs

Average Tenure

The tenure for the Lassonde Industries management team is about average.


Board Age and Tenure

14.3yrs

Average Tenure

The average tenure for the Lassonde Industries board of directors is over 10 years, this suggests they are a seasoned and experienced board.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Jean Gattuso

    President & COO

    • Tenure: 6.7yrs
    • Compensation: CA$2.84m
  • Guy Blanchette

    Executive VP & CFO

    • Tenure: 12.3yrs
    • Compensation: CA$1.35m
  • Sylvain Morissette

    Vice President of Communications

    • Tenure: 0.6yrs
  • Caroline Lemoine

    VP, General Counsel & Secretary

    • Tenure: 13.6yrs
  • Nathalie Lassonde

    CEO & Director

    • Tenure: 0.3yrs
    • Compensation: CA$239.64k
  • Eric Gemme

    Senior VP

    • Tenure: 4.5yrs
  • Michel Tousignant

    Corporate Controller

    • Tenure: 0.0yrs
  • Peter Mattson

    Executive Vice President of Sales North America

    • Tenure: 0.0yrs
    • Compensation: CA$1.01m
  • Mathieu Simard

    Chief Human Resources Officer

    • Tenure: 3.1yrs
  • Seth French

    President of Lassonde Pappas & Company

    • Tenure: 1.3yrs
    • Compensation: CA$984.70k

Board Members

  • Michel Simard

    Director

    • Tenure: 0.8yrs
    • Compensation: CA$15.56k
  • Chantal Bélanger (67yo)

    Independent Director

    • Tenure: 14.3yrs
    • Compensation: CA$106.00k
  • Denis Boudreault

    Director

    • Tenure: 18.3yrs
    • Compensation: CA$89.88k
  • Jocelyn Tremblay (77yo)

    Independent Director

    • Tenure: 15.3yrs
    • Compensation: CA$84.09k
  • Pierre-Paul Lassonde

    Chairman of the Board

    • Tenure: 46.6yrs
    • Compensation: CA$1.05m
  • Nathalie Lassonde

    CEO & Director

    • Tenure: 0.3yrs
    • Compensation: CA$239.64k
  • Paul Bouthillier

    Independent Director

    • Tenure: 13.8yrs
    • Compensation: CA$103.00k
  • Pierre Lessard

    Director

    • Tenure: 0.3yrs

Company Information

Lassonde Industries Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Lassonde Industries Inc.
  • Ticker: LAS.A
  • Exchange: TSX
  • Founded: 1918
  • Industry: Packaged Foods and Meats
  • Sector: Food, Beverage & Tobacco
  • Market Cap: CA$1.248b
  • Shares outstanding: 6.93m
  • Website: https://www.lassonde.com

Number of Employees


Location

  • Lassonde Industries Inc.
  • 755 Principale Street
  • Rougemont
  • Quebec
  • J0L 1M0
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
LAS.ATSX (The Toronto Stock Exchange)YesClass A Subordinate Voting SharesCACADJan 1990
LSDA.FOTCPK (Pink Sheets LLC)YesClass A Subordinate Voting SharesUSUSDJan 1990
0OODB (Deutsche Boerse AG)YesClass A Subordinate Voting SharesDEEURJan 1990

Biography

Lassonde Industries Inc., together with its subsidiaries, develops, manufactures, and markets various ready-to-drink fruit and vegetable juices and drinks in Canada, the United States, and internationally. ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/20 23:44
End of Day Share Price2019/08/19 00:00
Earnings2019/06/29
Annual Earnings2018/12/31


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.