LAS.A Stock Overview
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.
Lassonde Industries Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||CA$111.80|
|52 Week High||CA$182.20|
|52 Week Low||CA$106.75|
|1 Month Change||1.08%|
|3 Month Change||-7.60%|
|1 Year Change||-38.52%|
|3 Year Change||-37.18%|
|5 Year Change||-53.71%|
|Change since IPO||2,695.00%|
Recent News & Updates
Lassonde Industries (TSE:LAS.A) Has Announced That Its Dividend Will Be Reduced To CA$0.70
Lassonde Industries Inc. ( TSE:LAS.A ) is reducing its dividend to CA$0.70 on the 15th of Junewhich is 20% less than...
|LAS.A||CA Food||CA Market|
Return vs Industry: LAS.A underperformed the Canadian Food industry which returned -15.9% over the past year.
Return vs Market: LAS.A underperformed the Canadian Market which returned -8.4% over the past year.
|LAS.A Average Weekly Movement||4.5%|
|Food Industry Average Movement||9.4%|
|Market Average Movement||9.8%|
|10% most volatile stocks in CA Market||18.1%|
|10% least volatile stocks in CA Market||3.8%|
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.
About the Company
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. The company offers pure juices, fruit drinks, cranberry sauces, fruit-based snacks, pasta sauces, bruschetta toppings, tapenades, and pestos. In addition, it produces apple cider and cider-based beverages; and imports and markets selected wines.
Lassonde Industries Fundamentals Summary
|LAS.A fundamental statistics|
Is LAS.A overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|LAS.A income statement (TTM)|
|Cost of Revenue||CA$1.46b|
Last Reported Earnings
Jul 02, 2022
Next Earnings Date
|Earnings per share (EPS)||9.87|
|Net Profit Margin||3.39%|
How did LAS.A perform over the long term?See historical performance and comparison
3.1%Current Dividend Yield
Is LAS.A undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 2/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for LAS.A?
Other financial metrics that can be useful for relative valuation.
|What is LAS.A's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does LAS.A's PE Ratio compare to its peers?
|LAS.A PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
RSI Rogers Sugar
HLF High Liner Foods
PBH Premium Brands Holdings
LAS.A Lassonde Industries
Price-To-Earnings vs Peers: LAS.A is good value based on its Price-To-Earnings Ratio (11.3x) compared to the peer average (20.6x).
Price to Earnings Ratio vs Industry
How does LAS.A's PE Ratio compare vs other companies in the North American Food Industry?
Price-To-Earnings vs Industry: LAS.A is good value based on its Price-To-Earnings Ratio (11.3x) compared to the North American Food industry average (17.5x)
Price to Earnings Ratio vs Fair Ratio
What is LAS.A's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||11.3x|
|Fair PE Ratio||n/a|
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate LAS.A's Price-To-Earnings Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of LAS.A when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: LAS.A (CA$111.8) is trading above our estimate of fair value (CA$81.52)
Significantly Below Fair Value: LAS.A is trading above our estimate of fair value.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine statistical confidence in agreement.
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How is Lassonde Industries forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
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 (1.6%).
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 LAS.A's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: LAS.A's revenue (5.1% per year) is forecast to grow slower than the Canadian market (5.8% per year).
High Growth Revenue: LAS.A's revenue (5.1% 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
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How has Lassonde Industries performed over the past 5 years?
Past Performance Score2/6
Past Performance Score 2/6
Growing Profit Margin
Earnings vs Industry
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 (3.4%) are lower than last year (4.5%).
Past Earnings Growth Analysis
Earnings Trend: LAS.A's earnings have grown by 0.6% per year over the past 5 years.
Accelerating Growth: LAS.A's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: LAS.A had negative earnings growth (-23%) over the past year, making it difficult to compare to the Food industry average (-28%).
Return on Equity
High ROE: LAS.A's Return on Equity (7.6%) is considered low.
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How is Lassonde Industries's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: LAS.A's short term assets (CA$583.1M) exceed its short term liabilities (CA$368.5M).
Long Term Liabilities: LAS.A's short term assets (CA$583.1M) exceed its long term liabilities (CA$257.8M).
Debt to Equity History and Analysis
Debt Level: LAS.A's net debt to equity ratio (23.3%) is considered satisfactory.
Reducing Debt: LAS.A's debt to equity ratio has reduced from 37.1% to 23.4% over the past 5 years.
Debt Coverage: LAS.A's debt is not well covered by operating cash flow (7.3%).
Interest Coverage: LAS.A's interest payments on its debt are well covered by EBIT (11.2x coverage).
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What is Lassonde Industries's current dividend yield, its reliability and sustainability?
Dividend Score 3/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
|Lassonde Industries Dividend Yield vs Market|
|Company (Lassonde Industries)||3.1%|
|Market Bottom 25% (CA)||2.1%|
|Market Top 25% (CA)||6.1%|
|Industry Average (Food)||2.7%|
|Analyst forecast in 3 Years (Lassonde Industries)||2.5%|
Notable Dividend: LAS.A's dividend (3.15%) is higher than the bottom 25% of dividend payers in the Canadian market (2.07%).
High Dividend: LAS.A's dividend (3.15%) is low compared to the top 25% of dividend payers in the Canadian market (6.12%).
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.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (34.2%), LAS.A's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: LAS.A is paying a dividend but the company has no free cash flows.
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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 and is the Vice Chair of the Board of Directors from May 2022. Mrs. Lassonde served as Vice President of...
CEO Compensation Analysis
|Nathalie Lassonde's Compensation vs Lassonde Industries Earnings|
|Date||Total Comp.||Salary||Company Earnings|
|Jul 02 2022||n/a||n/a|
|Apr 02 2022||n/a||n/a|
|Dec 31 2021||CA$3m||CA$667k|
|Oct 02 2021||n/a||n/a|
|Jul 03 2021||n/a||n/a|
|Apr 03 2021||n/a||n/a|
|Dec 31 2020||CA$1m||CA$533k|
|Sep 26 2020||n/a||n/a|
|Jun 27 2020||n/a||n/a|
|Mar 28 2020||n/a||n/a|
|Dec 31 2019||CA$356k||CA$336k|
|Sep 28 2019||n/a||n/a|
|Jun 29 2019||n/a||n/a|
|Mar 30 2019||n/a||n/a|
|Dec 31 2018||CA$240k||CA$220k|
|Sep 29 2018||n/a||n/a|
|Jun 30 2018||n/a||n/a|
|Mar 31 2018||n/a||n/a|
|Dec 31 2017||n/a||n/a|
|Sep 30 2017||n/a||n/a|
|Jul 01 2017||n/a||n/a|
|Apr 01 2017||n/a||n/a|
|Dec 31 2016||CA$303k||n/a|
|Oct 01 2016||n/a||n/a|
|Jul 02 2016||n/a||n/a|
|Apr 02 2016||n/a||n/a|
|Dec 31 2015||CA$168k||n/a|
Compensation vs Market: Nathalie's total compensation ($USD1.85M) is above average for companies of similar size in the Canadian market ($USD1.28M).
Compensation vs Earnings: Nathalie's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Experienced Management: LAS.A's management team is considered experienced (3.7 years average tenure).
Experienced Board: LAS.A's board of directors are seasoned and experienced ( 17.3 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.
Recent Insider Transactions
|29 Mar 22||SellCA$28,482||Michel Simard||Individual||200||CA$142.41|
|14 Dec 21||BuyCA$42,900||Pierre Lessard||Individual||300||CA$143.00|
|Owner Type||Number of Shares||Ownership Percentage|
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
|Ownership||Name||Shares||Current Value||Change %||Portfolio %|
Lassonde Industries Inc.'s 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
- Implied Market Cap: CA$765.922m
- Shares outstanding: 6.85m
- Website: https://www.lassonde.com
Number of Employees
- Lassonde Industries Inc.
- 755 Principale Street
- J0L 1M0
|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|
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/09/27 00:00|
|End of Day Share Price||2022/09/27 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.