Logistec
Market Cap
CA$444.3m
Last Updated
2020/09/30 23:47 UTC
Data Sources
Company Financials
Executive Summary
Logistec Corporation, together with its subsidiaries, provides cargo handling and other services to marine, industrial, and municipal customers in Canada and the United States. More Details
Rewards
Risk Analysis
Snowflake Analysis
Good value with proven track record.
Share Price & News
How has Logistec's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: LGT.A has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
0%
LGT.A
2.4%
CA Infrastructure
1.1%
CA Market
1 Year Return
n/a
LGT.A
-31.7%
CA Infrastructure
-5.8%
CA Market
Return vs Industry: Insufficient data to determine how LGT.A performed against the Canadian Infrastructure industry.
Return vs Market: Insufficient data to determine how LGT.A performed against the Canadian Market.
Shareholder returns
| LGT.A | Industry | Market | |
|---|---|---|---|
| 7 Day | 0% | 2.4% | 1.1% |
| 30 Day | 0% | -3.9% | -2.6% |
| 90 Day | 3.0% | -11.6% | 4.0% |
| 1 Year | n/a | -29.2%-31.7% | -2.5%-5.8% |
| 3 Year | -15.8%-18.1% | -44.9%-55.5% | 5.7%-4.5% |
| 5 Year | -20.2%-23.5% | -42.0%-58.2% | 32.6%12.3% |
Price Volatility Vs. Market
How volatile is Logistec's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is Logistec 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: LGT.A (CA$34) is trading below our estimate of fair value (CA$393.23)
Significantly Below Fair Value: LGT.A is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: LGT.A is good value based on its PE Ratio (15.8x) compared to the XX Infrastructure industry average (16.8x).
PE vs Market: LGT.A is good value based on its PE Ratio (15.8x) compared to the Canadian market (16.5x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate LGT.A's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: LGT.A is overvalued based on its PB Ratio (1.6x) compared to the XN Infrastructure industry average (0.5x).
Next Steps
Future Growth
How is Logistec forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
43.7%
Forecasted Transportation industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Logistec has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Next Steps
- Examine whether Logistec is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Logistec competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Transportation industry.
Past Performance
How has Logistec performed over the past 5 years?
-1.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: LGT.A has high quality earnings.
Growing Profit Margin: LGT.A's current net profit margins (4.7%) are higher than last year (3.6%).
Past Earnings Growth Analysis
Earnings Trend: LGT.A's earnings have declined by 1% per year over the past 5 years.
Accelerating Growth: LGT.A's earnings growth over the past year (25%) exceeds its 5-year average (-1% per year).
Earnings vs Industry: LGT.A earnings growth over the past year (25%) exceeded the Infrastructure industry -20.9%.
Return on Equity
High ROE: LGT.A's Return on Equity (10.3%) is considered low.
Next Steps
Financial Health
How is Logistec's financial position?
Financial Position Analysis
Short Term Liabilities: LGT.A's short term assets (CA$199.7M) exceed its short term liabilities (CA$115.7M).
Long Term Liabilities: LGT.A's short term assets (CA$199.7M) do not cover its long term liabilities (CA$362.3M).
Debt to Equity History and Analysis
Debt Level: LGT.A's debt to equity ratio (65.3%) is considered high.
Reducing Debt: LGT.A's debt to equity ratio has increased from 16.6% to 65.3% over the past 5 years.
Debt Coverage: LGT.A's debt is well covered by operating cash flow (54.6%).
Interest Coverage: LGT.A's interest payments on its debt are well covered by EBIT (3.6x coverage).
Balance Sheet
Next Steps
Dividend
What is Logistec current dividend yield, its reliability and sustainability?
1.18%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: LGT.A's dividend (1.18%) isn’t notable compared to the bottom 25% of dividend payers in the Canadian market (1.72%).
High Dividend: LGT.A's dividend (1.18%) is low compared to the top 25% of dividend payers in the Canadian market (5.93%).
Stability and Growth of Payments
Stable Dividend: LGT.A's dividends per share have been stable in the past 10 years.
Growing Dividend: LGT.A's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (18.6%), LGT.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?
5.5yrs
Average management tenure
CEO
Madeleine Paquin (58 yo)
24.67yrs
Tenure
CA$1,843,751
Compensation
Ms. Madeleine M. Paquin, C.M., FSCMA, serves as President of Sanexen Environmental Services Inc. since April 2020. She has been the President and Chief Executive Officer at Logistec Corp. since January 199 ...
CEO Compensation Analysis
Compensation vs Market: Madeleine's total compensation ($USD1.38M) is above average for companies of similar size in the Canadian market ($USD821.18K).
Compensation vs Earnings: Madeleine's compensation has increased by more than 20% in the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 24.67yrs | CA$1.84m | 1.71% CA$ 7.6m | |
| CFO & Assistant Secretary | 19.5yrs | CA$676.44k | 0.14% CA$ 640.3k | |
| Senior Vice-President of Commercial & Business Development | no data | CA$779.64k | no data | |
| President of Logistec Stevedoring Inc | 1.5yrs | CA$1.07m | 0.013% CA$ 56.7k | |
| VP of Corporate & Legal Services and Corporate Secretary | 23.67yrs | no data | 0.24% CA$ 1.1m | |
| Vice-President of Strategy & Communications | 3.08yrs | no data | 0.011% CA$ 49.9k | |
| Vice-President of Human Resources | 5.5yrs | no data | 0.028% CA$ 123.8k | |
| VP & Director | 33.67yrs | no data | 0.0093% CA$ 41.3k | |
| VP of Mergers & Acquisitions and Director | 16.67yrs | no data | 0.014% CA$ 61.9k | |
| Executive Vice President | 0.92yr | no data | 0.024% CA$ 106.6k | |
| President of Sanexen | no data | CA$881.55k | no data | |
| Treasurer | no data | no data | 0.0046% CA$ 20.6k |
5.5yrs
Average Tenure
Experienced Management: LGT.A's management team is seasoned and experienced (5.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 24.67yrs | CA$1.84m | 1.71% CA$ 7.6m | |
| VP & Director | 33.67yrs | no data | 0.0093% CA$ 41.3k | |
| VP of Mergers & Acquisitions and Director | 16.67yrs | no data | 0.014% CA$ 61.9k | |
| Independent Director | 25.67yrs | CA$66.75k | 0.63% CA$ 2.8m | |
| Independent Director | 21.67yrs | CA$68.75k | 0.41% CA$ 1.8m | |
| Independent Chairman | 1.33yrs | CA$107.50k | 0.028% CA$ 123.8k | |
| Independent Director | 0.33yr | no data | no data | |
| Independent Director | 1.33yrs | CA$32.50k | no data | |
| Independent Director | 5.33yrs | CA$68.75k | no data | |
| Independent Director | 3.33yrs | CA$65.00k | 0.011% CA$ 48.1k | |
| Independent Director | 2.33yrs | CA$70.00k | 0.031% CA$ 137.6k |
5.3yrs
Average Tenure
58yo
Average Age
Experienced Board: LGT.A's board of directors are considered experienced (5.3 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
Logistec Corporation's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Logistec Corporation
- Ticker: LGT.A
- Exchange: TSX
- Founded: 1952
- Industry: Marine Ports and Services
- Sector: Transportation
- Market Cap: CA$444.331m
- Shares outstanding: 12.92m
- Website: https://www.logistec.com
Number of Employees
Location
- Logistec Corporation
- 360 Saint Jacques Street
- Suite 1500
- Montreal
- Quebec
- H2Y 1P5
- Canada
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| LGT.A | TSX (The Toronto Stock Exchange) | Class A Common Shares | CA | CAD | Jan 1979 | |
| LGT.B | TSX (The Toronto Stock Exchange) | Yes | Class B Subordinated Voting Shares | CA | CAD | Jun 1986 |
| LTKB.F | OTCPK (Pink Sheets LLC) | Yes | Class B Subordinated Voting Shares | US | USD | Jun 1986 |
Biography
Logistec Corporation, together with its subsidiaries, provides cargo handling and other services to marine, industrial, and municipal customers in Canada and the United States. The company operates in two ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/09/30 23:47 |
| End of Day Share Price | 2020/08/24 00:00 |
| Earnings | 2020/06/27 |
| 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.