SWX:LAND

Stock Analysis Report

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Market Cap

CHF2.0b

Last Updated

2021/07/22 22:40 UTC

Data Sources

Company Financials +

Executive Summary

Landis+Gyr Group AG provides integrated energy management solutions to utilities sector in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. More Details


Snowflake Analysis

Flawless balance sheet with reasonable growth potential.


Similar Companies

Share Price & News

How has Landis+Gyr Group's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: LAND is not significantly more volatile than the rest of Swiss stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: LAND's weekly volatility (4%) has been stable over the past year.


Market Performance


7 Day Return

-0.6%

LAND

4.0%

CH Electronic

-0.3%

CH Market


1 Year Return

18.2%

LAND

30.7%

CH Electronic

19.4%

CH Market

Return vs Industry: LAND underperformed the Swiss Electronic industry which returned 26.9% over the past year.

Return vs Market: LAND matched the Swiss Market which returned 17.4% over the past year.


Shareholder returns

LANDIndustryMarket
7 Day-0.6%4.0%-0.3%
30 Day1.0%10.6%1.1%
90 Day3.4%8.5%6.7%
1 Year25.6%18.2%33.2%30.7%22.7%19.4%
3 Year20.0%8.4%90.3%78.0%39.7%24.4%
5 Yearn/a169.4%142.2%69.7%38.9%

Long-Term Price Volatility Vs. Market

How volatile is Landis+Gyr Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Landis+Gyr Group undervalued compared to its fair value and its price relative to the market?

11.7%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: LAND (CHF69.4) is trading below our estimate of fair value (CHF78.62)

Significantly Below Fair Value: LAND is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: LAND is unprofitable, so we can't compare its PE Ratio to the Swiss Electronic industry average.

PE vs Market: LAND is unprofitable, so we can't compare its PE Ratio to the Swiss market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: LAND is good value based on its PB Ratio (1.6x) compared to the CH Electronic industry average (3.9x).


Future Growth

How is Landis+Gyr Group forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?

93.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: LAND is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (-0.3%).

Earnings vs Market: LAND is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: LAND's is expected to become profitable in the next 3 years.

Revenue vs Market: LAND's revenue (7.4% per year) is forecast to grow faster than the Swiss market (4.8% per year).

High Growth Revenue: LAND's revenue (7.4% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: LAND's Return on Equity is forecast to be low in 3 years time (9.6%).


Past Performance

How has Landis+Gyr Group performed over the past 5 years?

-12.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: LAND is currently unprofitable.

Growing Profit Margin: LAND is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: LAND is unprofitable, and losses have increased over the past 5 years at a rate of 12.5% per year.

Accelerating Growth: Unable to compare LAND's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: LAND is unprofitable, making it difficult to compare its past year earnings growth to the Electronic industry (30%).


Return on Equity

High ROE: LAND has a negative Return on Equity (-28.54%), as it is currently unprofitable.


Financial Health

How is Landis+Gyr Group's financial position?


Financial Position Analysis

Short Term Liabilities: LAND's short term assets ($598.9M) exceed its short term liabilities ($518.6M).

Long Term Liabilities: LAND's short term assets ($598.9M) exceed its long term liabilities ($265.1M).


Debt to Equity History and Analysis

Debt Level: LAND's debt to equity ratio (10.7%) is considered satisfactory.

Reducing Debt: LAND's debt to equity ratio has reduced from 19% to 10.7% over the past 5 years.

Debt Coverage: LAND's debt is well covered by operating cash flow (83.9%).

Interest Coverage: LAND's interest payments on its debt are well covered by EBIT (5.1x coverage).


Balance Sheet


Dividend

What is Landis+Gyr Group current dividend yield, its reliability and sustainability?

6.01%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: LAND's dividend (6.01%) is higher than the bottom 25% of dividend payers in the Swiss market (1.43%).

High Dividend: LAND's dividend (6.01%) is in the top 25% of dividend payers in the Swiss market (3.52%)


Stability and Growth of Payments

Stable Dividend: LAND has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: LAND's dividend payments have increased, but the company has only paid a dividend for 3 years.


Current Payout to Shareholders

Dividend Coverage: LAND is paying a dividend but the company is unprofitable.


Future Payout to Shareholders

Future Dividend Coverage: LAND's dividends in 3 years are forecast to be covered by earnings (53.4% payout ratio).


Next Steps

Management

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

2.0yrs

Average management tenure


CEO

Werner Lieberherr (61 yo)

1.25yrs

Tenure

US$2,143,483

Compensation

Mr. Werner Lieberherr serves as Chief Executive Officer at Landis+Gyr (Pty) Ltd since April 2020. He served as Executive Vice President and Chief Operating Officer of Interior Systems at Rockwell Collins, ...


CEO Compensation Analysis

Compensation vs Market: Werner's total compensation ($USD2.14M) is above average for companies of similar size in the Swiss market ($USD1.31M).

Compensation vs Earnings: Insufficient data to compare Werner's compensation with company performance.


Leadership Team

Experienced Management: LAND's management team is not considered experienced ( 2 years average tenure), which suggests a new team.


Board Members

Experienced Board: LAND's board of directors are considered experienced (4 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

Landis+Gyr Group AG's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Landis+Gyr Group AG
  • Ticker: LAND
  • Exchange: SWX
  • Founded: 1896
  • Industry: Electronic Equipment and Instruments
  • Sector: Tech
  • Market Cap: CHF2.001b
  • Shares outstanding: 28.83m
  • Website: https://www.landisgyr.eu

Number of Employees


Location

  • Landis+Gyr Group AG
  • Alte Steinhauserstrasse 18
  • PO Box 260
  • Cham
  • Zug
  • 6330
  • Switzerland

Listings


Biography

Landis+Gyr Group AG provides integrated energy management solutions to utilities sector in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers digital and prepayment ele...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/07/22 22:40
End of Day Share Price2021/07/22 00:00
Earnings2021/03/31
Annual Earnings2021/03/31


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.