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Market Cap

CA$1.2b

Last Updated

2021/04/13 22:11 UTC

Data Sources

Company Financials +

Executive Summary

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

Rewards

Trading at 87.6% below our estimate of its fair value

Earnings have grown 6.7% per year over the past 5 years

Risk Analysis

No risks detected for LAS.A from our risk checks.


Snowflake Analysis

Flawless balance sheet and undervalued.


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

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.


Market Performance


7 Day Return

4.5%

LAS.A

-1.3%

CA Food

0.08%

CA Market


1 Year Return

26.1%

LAS.A

28.8%

CA Food

38.6%

CA Market

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.


Shareholder returns

LAS.AIndustryMarket
7 Day4.5%-1.3%0.08%
30 Day11.8%-0.5%1.1%
90 Day2.7%7.1%7.8%
1 Year28.1%26.1%31.5%28.8%43.2%38.6%
3 Year-25.2%-28.5%3.3%-2.5%31.5%18.9%
5 Year8.1%1.3%27.6%16.9%56.4%32.8%

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

Valuation

Is Lassonde Industries undervalued compared to its fair value and its price relative to the market?

>50%

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).


Future Growth

How is Lassonde Industries forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

1.7%

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


Past Performance

How has Lassonde Industries performed over the past 5 years?

6.7%

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.


Financial Health

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).


Balance Sheet


Dividend

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

1.42%

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).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.0yrs

Average management tenure


CEO

Nathalie Lassonde

1.92yrs

Tenure

CA$1,193,200

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 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.


Leadership Team

Experienced Management: LAS.A's management team is considered experienced (3 years average tenure).


Board Members

Experienced Board: LAS.A's board of directors are considered experienced (9 years average tenure).


Ownership

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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

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$1.242b
  • 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


Biography

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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/04/13 22:11
End of Day Share Price2021/04/13 00:00
Earnings2020/12/31
Annual Earnings2020/12/31


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.