DB:LLI

Stock Analysis Report

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Executive Summary

Lakeland Industries, Inc. manufactures and sells industrial protective clothing and accessories for the industrial and public protective clothing market worldwide.


Snowflake Analysis

Flawless balance sheet and good value.


Similar Companies

Share Price & News

How has Lakeland Industries's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: LLI has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

8.1%

LLI

12.0%

DE Luxury

7.9%

DE Market


1 Year Return

28.7%

LLI

0.9%

DE Luxury

6.3%

DE Market

Return vs Industry: LLI exceeded the German Luxury industry which returned 0.9% over the past year.

Return vs Market: LLI exceeded the German Market which returned 6.3% over the past year.


Shareholder returns

LLIIndustryMarket
7 Day8.1%12.0%7.9%
30 Day9.8%26.0%12.8%
90 Day8.1%15.2%15.6%
1 Year28.7%28.7%0.9%0.9%8.1%6.3%
3 Year29.8%29.8%53.8%48.4%1.0%-6.7%
5 Year24.1%24.1%201.3%173.1%13.9%-0.8%

Price Volatility Vs. Market

How volatile is Lakeland Industries's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Lakeland Industries 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: LLI (€13.4) is trading below our estimate of fair value (€52.33)

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


Price To Earnings Ratio

PE vs Industry: LLI is poor value based on its PE Ratio (35.8x) compared to the Luxury industry average (30x).

PE vs Market: LLI is poor value based on its PE Ratio (35.8x) compared to the German market (20.4x).


Price to Earnings Growth Ratio

PEG Ratio: LLI is good value based on its PEG Ratio (1x)


Price to Book Ratio

PB vs Industry: LLI is good value based on its PB Ratio (1.4x) compared to the DE Luxury industry average (1.6x).


Next Steps

Future Growth

How is Lakeland Industries forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

36.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: LLI's forecast earnings growth (36% per year) is above the savings rate (0.2%).

Earnings vs Market: LLI's earnings (36% per year) are forecast to grow faster than the German market (23.1% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: LLI's revenue (5.2% per year) is forecast to grow slower than the German market (5.8% per year).

High Growth Revenue: LLI's revenue (5.2% 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 LLI's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Lakeland Industries performed over the past 5 years?

-56.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: LLI has high quality earnings.

Growing Profit Margin: LLI's current net profit margins (3%) are higher than last year (1.5%).


Past Earnings Growth Analysis

Earnings Trend: LLI's earnings have declined by -56.4% per year over the past 5 years.

Accelerating Growth: LLI's earnings growth over the past year (124.9%) exceeds its 5-year average (-56.4% per year).

Earnings vs Industry: LLI earnings growth over the past year (124.9%) exceeded the Luxury industry -27%.


Return on Equity

High ROE: LLI's Return on Equity (3.9%) is considered low.


Next Steps

Financial Health

How is Lakeland Industries's financial position?


Financial Position Analysis

Short Term Liabilities: LLI's short term assets ($79.8M) exceed its short term liabilities ($12.9M).

Long Term Liabilities: LLI's short term assets ($79.8M) exceed its long term liabilities ($1.4M).


Debt to Equity History and Analysis

Debt Level: LLI's debt to equity ratio (1.4%) is considered satisfactory.

Reducing Debt: LLI's debt to equity ratio has reduced from 14.5% to 1.4% over the past 5 years.

Debt Coverage: LLI's debt is well covered by operating cash flow (310.8%).

Interest Coverage: LLI's interest payments on its debt are well covered by EBIT (50.7x coverage).


Balance Sheet


Next Steps

Dividend

What is Lakeland Industries's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate LLI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate LLI's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if LLI's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if LLI's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of LLI's dividend in 3 years as they are not forecast to pay a notable one for the German market.


Next Steps

Management

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

0.6yrs

Average management tenure


CEO

Charles Roberson (56yo)

0.33

Tenure

US$606,924

Compensation

Mr. Charles D. Roberson has been the Chief Executive Officer, President, Secretary and Director of Lakeland Industries Inc. since February 1, 2020. Mr. Roberson had been the Chief Operating Officer of Lake ...


CEO Compensation Analysis

Compensation vs Market: Charles's total compensation ($USD606.92K) is above average for companies of similar size in the German market ($USD427.99K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Christopher Ryan
Executive Chairman0.33yrUS$804.02k3.3% $3.4m
Charles Roberson
CEO, President0.33yrUS$606.92k0.21% $214.6k
Allen Dillard
Chief Financial Officer0.83yrUS$632.73kno data
Daniel Edwards
Senior Vice President of Sales - North America3.25yrsno data0.072% $74.3k

0.6yrs

Average Tenure

57.5yo

Average Age

Experienced Management: LLI's management team is not considered experienced ( 0.6 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Christopher Ryan
Executive Chairman0.33yrUS$804.02k3.3% $3.4m
Charles Roberson
CEO, President0.33yrUS$606.92k0.21% $214.6k
Jeffrey Schlarbaum
Independent Director2.92yrsUS$153.00kno data
Alfred Kreft
Lead Independent Director0.33yrUS$168.96k0.52% $541.0k
James Jenkins
Independent Director4yrsUS$171.20k0.27% $275.3k
Thomas McAteer
Independent Director9.33yrsUS$158.00k0.55% $565.6k

2.2yrs

Average Tenure

61yo

Average Age

Experienced Board: LLI's board of directors are not considered experienced ( 2.2 years average tenure), which suggests a new board.


Ownership

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


Insider Trading Volume

Insider Buying: LLI insiders have only sold shares 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

Lakeland Industries, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Lakeland Industries, Inc.
  • Ticker: LLI
  • Exchange: DB
  • Founded: 1982
  • Industry: Apparel, Accessories and Luxury Goods
  • Sector: Consumer Durables
  • Market Cap: US$116.876m
  • Listing Market Cap: US$103.271m
  • Shares outstanding: 7.97m
  • Website: https://www.lakeland.com

Number of Employees


Location

  • Lakeland Industries, Inc.
  • 202 Pride Lane SW
  • Decatur
  • Alabama
  • 35603
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
LAKENasdaqGM (Nasdaq Global Market)YesCommon StockUSUSDSep 1986
LLIDB (Deutsche Boerse AG)YesCommon StockDEEURSep 1986

Biography

Lakeland Industries, Inc. manufactures and sells industrial protective clothing and accessories for the industrial and public protective clothing market worldwide. It offers limited use/disposable protective clothing, such as coveralls, laboratory coats, shirts, pants, hoods, aprons, sleeves, arm guards, caps, and smocks; high-end chemical protective suits to provide protection from highly concentrated, toxic and/or lethal chemicals, and biological toxins; and firefighting and heat protective apparel to protect against fire, burns, and excessive heat. The company also provides reusable woven garments, including electrostatic dissipative apparel for electric and gas utilities; flame resistant meta aramid, para aramid, and FR cotton coveralls/pants/jackets used in petrochemical and refining operations; FR fabrics; and cotton and polycotton coveralls, lab coats, pants, and shirts. In addition, it provides high visibility clothing comprising reflective apparel, including vests, T-shirts, sweatshirts, jackets, coats, raingear, jumpsuits, hats, and gloves; and gloves and sleeves that are used in the automotive, glass, and metal fabrication industries. The company sells its products to a network of approximately 1,600 safety and industrial supply distributors through in-house sales teams, customer service group, and independent sales representatives. It serves end users, such as integrated oil, chemical/petrochemical, automobile, steel, glass, construction, smelting, cleanroom, janitorial, pharmaceutical, and high technology electronics manufacturers, as well as scientific, medical laboratories, and the utilities industry; and federal, state, and local governmental agencies and departments. The company was founded in 1982 and is headquartered in Decatur, Alabama. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/06/07 04:33
End of Day Share Price2020/06/05 00:00
Earnings2020/01/31
Annual Earnings2020/01/31


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.