TSX:LGT.A

Stock Analysis Report

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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


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.AIndustryMarket
7 Day0%2.4%1.1%
30 Day0%-3.9%-2.6%
90 Day3.0%-11.6%4.0%
1 Yearn/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

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

NamePositionTenureCompensationOwnership
Madeleine Paquin
President24.67yrsCA$1.84m1.71%
CA$ 7.6m
Jean-Claude Dugas
CFO & Assistant Secretary19.5yrsCA$676.44k0.14%
CA$ 640.3k
Frank Vannelli
Senior Vice-President of Commercial & Business Developmentno dataCA$779.64kno data
Rodney Corrigan
President of Logistec Stevedoring Inc1.5yrsCA$1.07m0.013%
CA$ 56.7k
Ingrid Stefancic
VP of Corporate & Legal Services and Corporate Secretary23.67yrsno data0.24%
CA$ 1.1m
Marie-Chantal Savoy
Vice-President of Strategy & Communications3.08yrsno data0.011%
CA$ 49.9k
Stéphane Blanchette
Vice-President of Human Resources5.5yrsno data0.028%
CA$ 123.8k
Suzanne Paquin
VP & Director33.67yrsno data0.0093%
CA$ 41.3k
Nicole Paquin
VP of Mergers & Acquisitions and Director16.67yrsno data0.014%
CA$ 61.9k
Michel Miron
Executive Vice President0.92yrno data0.024%
CA$ 106.6k
Alain Sauriol
President of Sanexenno dataCA$881.55kno data
Mathieu Brunet
Treasurerno datano data0.0046%
CA$ 20.6k

5.5yrs

Average Tenure

Experienced Management: LGT.A's management team is seasoned and experienced (5.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Madeleine Paquin
President24.67yrsCA$1.84m1.71%
CA$ 7.6m
Suzanne Paquin
VP & Director33.67yrsno data0.0093%
CA$ 41.3k
Nicole Paquin
VP of Mergers & Acquisitions and Director16.67yrsno data0.014%
CA$ 61.9k
Serge Dubreuil
Independent Director25.67yrsCA$66.75k0.63%
CA$ 2.8m
George Gugelmann
Independent Director21.67yrsCA$68.75k0.41%
CA$ 1.8m
James Cherry
Independent Chairman1.33yrsCA$107.50k0.028%
CA$ 123.8k
Michael Dodson
Independent Director0.33yrno datano data
Dany St-Pierre
Independent Director1.33yrsCA$32.50kno data
J. Rodger
Independent Director5.33yrsCA$68.75kno data
Curtis Foltz
Independent Director3.33yrsCA$65.00k0.011%
CA$ 48.1k
Luc Villeneuve
Independent Director2.33yrsCA$70.00k0.031%
CA$ 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
LGT.ATSX (The Toronto Stock Exchange)Class A Common SharesCACADJan 1979
LGT.BTSX (The Toronto Stock Exchange)YesClass B Subordinated Voting SharesCACADJun 1986
LTKB.FOTCPK (Pink Sheets LLC)YesClass B Subordinated Voting SharesUSUSDJun 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/09/30 23:47
End of Day Share Price2020/08/24 00:00
Earnings2020/06/27
Annual Earnings2019/12/31


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.