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LGT.

Logistec TSX:LGT.B Stock Report

Last Price

CA$41.54

Market Cap

CA$512.9m

7D

8.5%

1Y

-4.5%

Updated

01 Jul, 2022

Data

Company Financials
LGT.B fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance5/6
Financial Health3/6
Dividends0/6

LGT.B Stock Overview

Logistec Corporation, together with its subsidiaries, provides cargo handling and other services to marine, industrial, and municipal customers in Canada and the United States.

Logistec Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Logistec
Historical stock prices
Current Share PriceCA$41.54
52 Week HighCA$47.07
52 Week LowCA$36.25
Beta1.07
1 Month Change-0.22%
3 Month Change-6.02%
1 Year Change-4.51%
3 Year Change0.70%
5 Year Change18.35%
Change since IPO2,165.82%

Recent News & Updates

May 14
Logistec (TSE:LGT.B) Has Re-Affirmed Its Dividend Of CA$0.11

Logistec (TSE:LGT.B) Has Re-Affirmed Its Dividend Of CA$0.11

Logistec Corporation ( TSE:LGT.B ) has announced that it will pay a dividend of CA$0.11 per share on the 8th of July...

Shareholder Returns

LGT.BCA InfrastructureCA Market
7D8.5%-1.5%-0.8%
1Y-4.5%-8.4%-5.0%

Return vs Industry: LGT.B exceeded the Canadian Infrastructure industry which returned -9.3% over the past year.

Return vs Market: LGT.B matched the Canadian Market which returned -4.7% over the past year.

Price Volatility

Is LGT.B's price volatile compared to industry and market?
LGT.B volatility
LGT.B Average Weekly Movement4.8%
Infrastructure Industry Average Movement5.2%
Market Average Movement10.1%
10% most volatile stocks in CA Market17.4%
10% least volatile stocks in CA Market4.4%

Stable Share Price: LGT.B is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: LGT.B's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19523,200Madeleine Paquinhttps://www.logistec.com

Logistec Corporation, together with its subsidiaries, provides cargo handling and other services to marine, industrial, and municipal customers in Canada and the United States. It operates in two segments, Marine Services and Environmental Services. The company provides specialized cargo handling services, which include container, bulk, breakbulk, and project cargo, as well as other services through the operation of 80 terminals in 54 ports in North America.

Logistec Fundamentals Summary

How do Logistec's earnings and revenue compare to its market cap?
LGT.B fundamental statistics
Market CapCA$512.92m
Earnings (TTM)CA$45.07m
Revenue (TTM)CA$780.30m

11.8x

P/E Ratio

0.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
LGT.B income statement (TTM)
RevenueCA$780.30m
Cost of RevenueCA$584.57m
Gross ProfitCA$195.73m
Other ExpensesCA$150.66m
EarningsCA$45.07m

Last Reported Earnings

Mar 26, 2022

Next Earnings Date

n/a

Earnings per share (EPS)3.52
Gross Margin25.08%
Net Profit Margin5.78%
Debt/Equity Ratio63.7%

How did LGT.B perform over the long term?

See historical performance and comparison

Dividends

1.0%

Current Dividend Yield

12%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is LGT.B undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for LGT.B?

Other financial metrics that can be useful for relative valuation.

LGT.B key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue1.1x
Enterprise Value/EBITDA9.5x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does LGT.B's PE Ratio compare to its peers?

LGT.B PE Ratio vs Peers
The above table shows the PE ratio for LGT.B vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average14.2x
WTE Westshore Terminals Investment
19.4x-16.5%CA$2.0b
ALC Algoma Central
7.1xn/aCA$606.3m
MTL Mullen Group
13.9x12.6%CA$1.1b
CHR Chorus Aviation
16.4x33.4%CA$664.0m
LGT.B Logistec
11.8xn/aCA$512.9m

Price-To-Earnings vs Peers: LGT.B is good value based on its Price-To-Earnings Ratio (11.8x) compared to the peer average (14.2x).


Price to Earnings Ratio vs Industry

How does LGT.B's PE Ratio compare vs other companies in the Global Infrastructure Industry?

Price-To-Earnings vs Industry: LGT.B is expensive based on its Price-To-Earnings Ratio (11.8x) compared to the North American Infrastructure industry average (10.6x)


Price to Earnings Ratio vs Fair Ratio

What is LGT.B'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.

LGT.B PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio11.8x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate LGT.B's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of LGT.B when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: LGT.B (CA$41.54) is trading below our estimate of fair value (CA$57.92)

Significantly Below Fair Value: LGT.B is trading below fair value by more than 20%.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate LGT.B's PEG Ratio to determine if it is good value.


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Future Growth

How is Logistec forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


32.5%

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.


Discover growth companies

  • 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.

Past Performance

How has Logistec performed over the past 5 years?

Past Performance Score

5/6

Past Performance Score 5/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


18.0%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: LGT.B has high quality earnings.

Growing Profit Margin: LGT.B's current net profit margins (5.8%) are higher than last year (5.4%).


Past Earnings Growth Analysis

Earnings Trend: LGT.B's earnings have grown by 18% per year over the past 5 years.

Accelerating Growth: LGT.B's earnings growth over the past year (39.5%) exceeds its 5-year average (18% per year).

Earnings vs Industry: LGT.B earnings growth over the past year (39.5%) exceeded the Infrastructure industry 15.6%.


Return on Equity

High ROE: LGT.B's Return on Equity (14.7%) is considered low.


Discover strong past performing companies

Financial Health

How is Logistec's financial position?

Financial Health Score

3/6

Financial Health Score 3/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: LGT.B's short term assets (CA$221.5M) exceed its short term liabilities (CA$147.8M).

Long Term Liabilities: LGT.B's short term assets (CA$221.5M) do not cover its long term liabilities (CA$409.7M).


Debt to Equity History and Analysis

Debt Level: LGT.B's net debt to equity ratio (56%) is considered high.

Reducing Debt: LGT.B's debt to equity ratio has increased from 23.5% to 63.7% over the past 5 years.

Debt Coverage: LGT.B's debt is well covered by operating cash flow (40.6%).

Interest Coverage: LGT.B's interest payments on its debt are well covered by EBIT (4.9x coverage).


Balance Sheet


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Dividend

What is Logistec current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


1.04%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: LGT.B's dividend (1.04%) isn’t notable compared to the bottom 25% of dividend payers in the Canadian market (2.02%).

High Dividend: LGT.B's dividend (1.04%) is low compared to the top 25% of dividend payers in the Canadian market (5.4%).


Stability and Growth of Payments

Stable Dividend: LGT.B is not paying a notable dividend for the Canadian market, therefore no need to check if payments are stable.

Growing Dividend: LGT.B is not paying a notable dividend for the Canadian market, therefore no need to check if payments are increasing.


Earnings Payout to Shareholders

Earnings Coverage: LGT.B is not paying a notable dividend for the Canadian market.


Cash Payout to Shareholders

Cash Flow Coverage: LGT.B is not paying a notable dividend for the Canadian market.


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Management

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

3.3yrs

Average management tenure


CEO

Madeleine Paquin (60 yo)

26.42yrs

Tenure

CA$2,364,990

Compensation

Ms. Madeleine M. Paquin, C.M., FSCMA, served 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 ($USD1.83M) is above average for companies of similar size in the Canadian market ($USD1.26M).

Compensation vs Earnings: Madeleine's compensation has increased by more than 20% in the past year.


Leadership Team

Experienced Management: LGT.B's management team is considered experienced (3.3 years average tenure).


Board Members

Experienced Board: LGT.B's board of directors are considered experienced (4.1 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: LGT.B insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

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


Top Shareholders

Company Information

Logistec Corporation's employee growth, exchange listings and data sources


Key Information

  • Name: Logistec Corporation
  • Ticker: LGT.B
  • Exchange: TSX
  • Founded: 1952
  • Industry: Marine Ports and Services
  • Sector: Transportation
  • Implied Market Cap: CA$512.924m
  • Shares outstanding: 12.81m
  • Website: https://www.logistec.com

Number of Employees


Location

  • Logistec Corporation
  • 600 De La GauchetiEre Street West
  • 14th Floor
  • Montreal
  • Quebec
  • H3B 4L2
  • Canada

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/07/01 00:00
End of Day Share Price2022/06/30 00:00
Earnings2022/03/26
Annual Earnings2021/12/31


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.