Lassonde Industries
Market Cap
CA$1.1b
Last Updated
2021/03/02 01:07 UTC
Data Sources
Company Financials +
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. More Details
Rewards
Risk Analysis
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
-1.8%
LAS.A
1.1%
CA Food
-0.5%
CA Market
1 Year Return
17.2%
LAS.A
15.9%
CA Food
12.3%
CA Market
Return vs Industry: LAS.A exceeded the Canadian Food industry which returned 15.3% over the past year.
Return vs Market: LAS.A exceeded the Canadian Market which returned 12.7% over the past year.
Shareholder returns
| LAS.A | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.8% | 1.1% | -0.5% |
| 30 Day | -7.0% | 7.2% | 5.7% |
| 90 Day | -1.2% | 6.4% | 8.0% |
| 1 Year | 19.1%17.2% | 18.2%15.9% | 16.5%12.3% |
| 3 Year | -33.0%-36.0% | 0.01%-5.3% | 23.6%11.8% |
| 5 Year | 9.4%2.5% | 24.6%14.5% | 56.4%32.7% |
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
1 week ago | Simply Wall St
Be Sure To Check Out Lassonde Industries Inc. (TSE:LAS.A) Before It Goes Ex-Dividend2 weeks ago | Simply Wall St
Would Shareholders Who Purchased Lassonde Industries' (TSE:LAS.A) Stock Three Years Be Happy With The Share price Today?1 month ago | Simply Wall St
Lassonde Industries Inc.'s (TSE:LAS.A) Stock's On An Uptrend: Are Strong Financials Guiding The Market?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$162.08) is trading below our estimate of fair value (CA$2025.36)
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 (10.9x) compared to the CA Food industry average (20.3x).
PE vs Market: LAS.A is good value based on its PE Ratio (10.9x) compared to the Canadian market (16.4x).
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 (1.5x) compared to the CA Food industry average (2.5x).
Next Steps
Future Growth
How is Lassonde Industries forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
-1.3%
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 is expected to decline over the next 3 years (-1.3% per year).
High Growth Revenue: LAS.A's revenue is forecast to decline over the next 3 years (-1.3% 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
Next Steps
Past Performance
How has Lassonde Industries performed over the past 5 years?
6.8%
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 (5.4%) are higher than last year (3.5%).
Past Earnings Growth Analysis
Earnings Trend: LAS.A's earnings have grown by 6.8% per year over the past 5 years.
Accelerating Growth: LAS.A's earnings growth over the past year (73.2%) exceeds its 5-year average (6.8% per year).
Earnings vs Industry: LAS.A earnings growth over the past year (73.2%) exceeded the Food industry 53%.
Return on Equity
High ROE: LAS.A's Return on Equity (13.4%) is considered low.
Next Steps
Financial Health
How is Lassonde Industries's financial position?
Financial Position Analysis
Short Term Liabilities: LAS.A's short term assets (CA$478.5M) exceed its short term liabilities (CA$298.8M).
Long Term Liabilities: LAS.A's short term assets (CA$478.5M) exceed its long term liabilities (CA$344.9M).
Debt to Equity History and Analysis
Debt Level: LAS.A's debt to equity ratio (30.8%) is considered satisfactory.
Reducing Debt: LAS.A's debt to equity ratio has reduced from 73.5% to 30.8% over the past 5 years.
Debt Coverage: LAS.A's debt is well covered by operating cash flow (98.3%).
Interest Coverage: LAS.A's interest payments on its debt are well covered by EBIT (7.9x coverage).
Balance Sheet
Next Steps
Dividend
What is Lassonde Industries's current dividend yield, its reliability and sustainability?
1.60%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: LAS.A's dividend (1.6%) is higher than the bottom 25% of dividend payers in the Canadian market (1.6%).
High Dividend: LAS.A's dividend (1.6%) is low compared to the top 25% of dividend payers in the Canadian market (4.99%).
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 (16.8%), LAS.A's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
4.6yrs
Average management tenure
CEO
Nathalie Lassonde
1.75yrs
Tenure
CA$355,800
Compensation
Mrs. Nathalie Lassonde serves as Chief Executive Officer of Lassonde Industries Inc. since May, 2019. Mrs. Lassonde served as Vice President of Organizational Efficiency, Assistant to the Chairman and Chie...
CEO Compensation Analysis
Compensation vs Market: Nathalie's total compensation ($USD281.02K) is below average for companies of similar size in the Canadian market ($USD1.17M).
Compensation vs Earnings: Nathalie's compensation has increased by more than 20% in the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Vice President of Board of Directors | 1.75yrs | CA$355.80k | 0.014% CA$ 161.4k | |
| President & COO | 8.17yrs | CA$2.94m | 0.053% CA$ 588.3k | |
| Executive VP & CFO | 13.75yrs | CA$1.40m | no data | |
| Senior Vice President | 6yrs | CA$942.40k | no data | |
| President of Lassonde Pappas & Company | 2.83yrs | CA$1.15m | no data | |
| Chief Legal Officer & Secretary | 15.08yrs | no data | no data | |
| Vice President of Communications | 2.08yrs | no data | no data | |
| Chief Human Resources Officer | 4.58yrs | no data | no data | |
| Senior Vice President of Innovation | 2.08yrs | no data | no data | |
| Vice President of Treasury | no data | no data | no data |
4.6yrs
Average Tenure
Experienced Management: LAS.A's management team is considered experienced (4.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Vice President of Board of Directors | 1.75yrs | CA$355.80k | 0.014% CA$ 161.4k | |
| Director | 2.33yrs | CA$86.50k | 0.040% CA$ 451.9k | |
| Independent Director | 15.75yrs | CA$109.00k | 0.014% CA$ 161.4k | |
| Independent Director | 19.83yrs | CA$89.75k | 0.0072% CA$ 80.7k | |
| Chairman of the Board | 48.08yrs | CA$159.14k | 0.23% CA$ 2.6m | |
| Director | 0.75yr | no data | no data | |
| Independent Director | 15.25yrs | CA$118.00k | 0.022% CA$ 242.1k | |
| Independent Director | 1.75yrs | CA$56.44k | 0.0043% CA$ 48.5k |
15.3yrs
Average Tenure
Experienced Board: LAS.A's board of directors are seasoned and experienced ( 15.3 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$1.119b
- 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
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| LAS.A | TSX (The Toronto Stock Exchange) | Yes | Class A Subordinate Voting Shares | CA | CAD | Jan 1990 |
| LSDA.F | OTCPK (Pink Sheets LLC) | Yes | Class A Subordinate Voting Shares | US | USD | Jan 1990 |
| 0OO | DB (Deutsche Boerse AG) | Yes | Class A Subordinate Voting Shares | DE | EUR | Jan 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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/03/02 01:07 |
| End of Day Share Price | 2021/03/01 00:00 |
| Earnings | 2020/09/26 |
| Annual Earnings | 2019/12/31 |
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.