LPKF Laser & Electronics AG, together with its subsidiaries, designs and manufactures laser systems in Germany, Rest of Europe, North America, Asia, and internationally.
Flawless balance sheet with solid track record.
Share Price & News
How has LPKF Laser & Electronics's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: LPK's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: LPK exceeded the German Electronic industry which returned -27.6% over the past year.
Return vs Market: LPK exceeded the German Market which returned -17.2% over the past year.
Price Volatility Vs. Market
How volatile is LPKF Laser & Electronics's share price compared to the market and industry in the last 5 years?
Simply Wall St News
21 hours ago | Simply Wall StWith EPS Growth And More, LPKF Laser & Electronics (ETR:LPK) Is Interesting
2 weeks ago | Simply Wall StWhat Is LPKF Laser & Electronics's (ETR:LPK) P/E Ratio After Its Share Price Tanked?
3 weeks ago | Simply Wall StIs LPKF Laser & Electronics AG (ETR:LPK) Potentially Undervalued?
Is LPKF Laser & Electronics undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: LPK (€15.3) is trading below our estimate of fair value (€48.9)
Significantly Below Fair Value: LPK is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: LPK is poor value based on its PE Ratio (28.5x) compared to the Electronic industry average (18.2x).
PE vs Market: LPK is poor value based on its PE Ratio (28.5x) compared to the German market (16.8x).
Price to Earnings Growth Ratio
PEG Ratio: LPK is good value based on its PEG Ratio (0.9x)
Price to Book Ratio
PB vs Industry: LPK is overvalued based on its PB Ratio (4.1x) compared to the DE Electronic industry average (1.2x).
How is LPKF Laser & Electronics forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: LPK's forecast earnings growth (31.5% per year) is above the savings rate (-0.4%).
Earnings vs Market: LPK's earnings (31.5% per year) are forecast to grow faster than the German market (14.5% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: LPK's revenue (17.8% per year) is forecast to grow faster than the German market (4.1% per year).
High Growth Revenue: LPK's revenue (17.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: LPK's Return on Equity is forecast to be high in 3 years time (21.5%)
How has LPKF Laser & Electronics performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: LPK has high quality earnings.
Growing Profit Margin: LPK's current net profit margins (9.1%) are higher than last year (6.4%).
Past Earnings Growth Analysis
Earnings Trend: LPK's earnings have grown significantly by 37.6% per year over the past 5 years.
Accelerating Growth: LPK's earnings growth over the past year (63.5%) exceeds its 5-year average (37.6% per year).
Earnings vs Industry: LPK earnings growth over the past year (63.5%) exceeded the Electronic industry -7.4%.
Return on Equity
High ROE: LPK's Return on Equity (14.5%) is considered low.
How is LPKF Laser & Electronics's financial position?
Financial Position Analysis
Short Term Liabilities: LPK's short term assets (€63.9M) exceed its short term liabilities (€28.2M).
Long Term Liabilities: LPK's short term assets (€63.9M) exceed its long term liabilities (€8.9M).
Debt to Equity History and Analysis
Debt Level: LPK's debt to equity ratio (7.5%) is considered satisfactory.
Reducing Debt: LPK's debt to equity ratio has reduced from 52.9% to 7.5% over the past 5 years.
Debt Coverage: LPK's debt is well covered by operating cash flow (705.2%).
Interest Coverage: LPK's interest payments on its debt are well covered by EBIT (43.1x coverage).
Inventory Level: LPK has a high level of physical assets or inventory.
Debt Coverage by Assets: LPK's debt is covered by short term assets (assets are 9.4x debt).
What is LPKF Laser & Electronics's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: LPK's dividend (0.65%) isn’t notable compared to the bottom 25% of dividend payers in the German market (1.65%).
High Dividend: LPK's dividend (0.65%) is low compared to the top 25% of dividend payers in the German market (4.87%).
Stability and Growth of Payments
Stable Dividend: LPK is not paying a notable dividend for the German market, therefore no need to check if payments are stable.
Growing Dividend: LPK is not paying a notable dividend for the German market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: LPK is not paying a notable dividend for the German market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of LPK's dividend in 3 years as they are not forecast to pay a notable one for the German market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Götz Bendele (49yo)
Dr. Götz M. Bendele is the Chief Executive Officer at LPKF Laser & Electronics Aktiengesellschaft since May 1, 2018 and has been its Board Member since May 2018. Dr. Bendele has extensive sales and managem ...
CEO Compensation Analysis
Compensation vs Market: Götz's total compensation ($USD400.00K) is below average for companies of similar size in the German market ($USD1.12M).
Compensation vs Earnings: Insufficient data to compare Götz's compensation with company performance.
|CEO & Member of Management Board||1.92yrs||€364.00k||no data|
|CFO & Member of the Management Board||1.58yrs||€264.00k||no data|
|Manager of Investor Relations||no data||no data||no data|
|Senior Vice President of Production||no data||no data||no data|
|Senior Vice President||no data||no data||no data|
|Managing Director of LPKF SolarQuipment GmbH||no data||no data||no data|
|Head of Operations and Development Divisions for Laser Plastic Welding Business Unit||5.58yrs||no data||no data|
|Managing Director of LPKF - Fürth||0.25yr||no data||no data|
|President of Lpkf Laser & Electronics Inc. USA||no data||no data||no data|
Experienced Management: LPK's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.
|Deputy Chairman of the Supervisory Board||0.83yr||no data||no data|
|Member of the Supervisory Board||0.83yr||no data||no data|
|Chairman of the Supervisory Board||2.5yrs||no data||no data|
Experienced Board: LPK's board of directors are not considered experienced ( 0.8 years average tenure), which suggests a new board.
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.
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 6.5%.
LPKF Laser & Electronics AG's company bio, employee growth, exchange listings and data sources
- Name: LPKF Laser & Electronics AG
- Ticker: LPK
- Exchange: XTRA
- Founded: 1976
- Industry: Electronic Equipment and Instruments
- Sector: Tech
- Market Cap: €391.780m
- Shares outstanding: 24.49m
- Website: https://www.lpkf.com
Number of Employees
- LPKF Laser & Electronics AG
- Osteriede 7
- Lower Saxony
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|LPK||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Nov 1998|
|LPK||XTRA (XETRA Trading Platform)||Yes||Ordinary Shares||DE||EUR||Nov 1998|
|0ND2||LSE (London Stock Exchange)||Yes||Ordinary Shares||GB||EUR||Nov 1998|
|LPKF.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||Nov 1998|
|LPKD||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Ordinary Shares||GB||EUR||Nov 1998|
|LPK||SWX (SIX Swiss Exchange)||Yes||Ordinary Shares||CH||CHF||Nov 1998|
|LPK||ETLX (Eurotlx)||Yes||Ordinary Shares||IT||EUR||Nov 1998|
LPKF Laser & Electronics AG, together with its subsidiaries, designs and manufactures laser systems in Germany, Rest of Europe, North America, Asia, and internationally. The company operates through four segments: Development, Electronics, Welding, and Solar. The Development segment offers circuit board plotters and ProtoLasers primarily for electronics developers. The Electronics segment provides production systems for cutting print stencils, rigid and flexible circuit boards, ultra-thin glass, and the etching of plastic circuit carriers. The Welding segment offers systems for laser beam welding of plastic components. The Solar segment develops and produces laser scribers for the etching of thin- film solar cells and laser systems for the digital printing of functional pastes and inks. Its products are used in the electronics industry, automotive parts suppliers, solar industry, the semi-conductor industry, medical technology, research institutions, and universities. The company was founded in 1976 and is headquartered in Garbsen, Germany.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/05 21:09|
|End of Day Share Price||2020/04/03 00:00|
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.