BME:LGT

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Lingotes Especiales

Executive Summary

Lingotes Especiales, S.A. engages in the designing, development, casting, machining, and assembly of grey and ductile iron components primarily for the automotion, electrical appliances, and civil engineering in Spain.


Snowflake Analysis

Adequate balance sheet and fair value.


Similar Companies

Share Price & News

How has Lingotes Especiales's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

6.0%

LGT

1.1%

ES Auto Components

3.5%

ES Market


1 Year Return

-21.9%

LGT

-24.2%

ES Auto Components

-16.9%

ES Market

Return vs Industry: LGT exceeded the Spanish Auto Components industry which returned -26% over the past year.

Return vs Market: LGT underperformed the Spanish Market which returned -18.7% over the past year.


Shareholder returns

LGTIndustryMarket
7 Day6.0%1.1%3.5%
30 Day6.0%-8.8%-3.7%
90 Day18.8%19.7%7.8%
1 Year-21.9%-21.9%-23.1%-24.2%-14.4%-16.9%
3 Year-39.6%-43.4%-39.1%-43.5%-17.9%-25.3%
5 Year104.4%80.3%-31.8%-38.9%-14.1%-28.0%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Lingotes Especiales undervalued compared to its fair value and its price relative to the market?

30.6%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: LGT (€11.4) is trading below our estimate of fair value (€16.43)

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


Price To Earnings Ratio

PE vs Industry: LGT is poor value based on its PE Ratio (13.1x) compared to the Auto Components industry average (10.2x).

PE vs Market: LGT is good value based on its PE Ratio (13.1x) compared to the Spanish market (15.1x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: LGT is overvalued based on its PB Ratio (2.5x) compared to the XE Auto Components industry average (0.9x).


Next Steps

Future Growth

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

36.9%

Forecasted Automobiles 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 Lingotes Especiales 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 Lingotes Especiales performed over the past 5 years?

9.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: LGT has high quality earnings.

Growing Profit Margin: LGT's current net profit margins (7.6%) are lower than last year (8%).


Past Earnings Growth Analysis

Earnings Trend: LGT's earnings have grown by 9.1% per year over the past 5 years.

Accelerating Growth: LGT's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: LGT had negative earnings growth (-5.1%) over the past year, making it difficult to compare to the Auto Components industry average (-21.2%).


Return on Equity

High ROE: LGT's Return on Equity (18.9%) is considered low.


Next Steps

Financial Health

How is Lingotes Especiales's financial position?


Financial Position Analysis

Short Term Liabilities: LGT's short term assets (€35.4M) exceed its short term liabilities (€31.6M).

Long Term Liabilities: LGT's short term assets (€35.4M) exceed its long term liabilities (€16.1M).


Debt to Equity History and Analysis

Debt Level: LGT's debt to equity ratio (46.4%) is considered high.

Reducing Debt: LGT's debt to equity ratio has increased from 31.8% to 46.4% over the past 5 years.

Debt Coverage: LGT's debt is well covered by operating cash flow (72.9%).

Interest Coverage: LGT's interest payments on its debt are well covered by EBIT (41.2x coverage).


Balance Sheet


Next Steps

Dividend

What is Lingotes Especiales's current dividend yield, its reliability and sustainability?

6.14%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: LGT's dividend (6.14%) is higher than the bottom 25% of dividend payers in the Spanish market (2.51%).

High Dividend: LGT's dividend (6.14%) is low compared to the top 25% of dividend payers in the Spanish market (7.28%).


Stability and Growth of Payments

Stable Dividend: LGT's dividend payments have been volatile in the past 10 years.

Growing Dividend: LGT's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: At its current payout ratio (80.2%), LGT's payments are 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?

14.1yrs

Average board tenure


CEO

Felix Cano de la Fuente

no data

Tenure

€167,000

Compensation

Mr. Felix Cano de la Fuente serves as the Chief Executive Officer and Managing Director of Lingotes Especiales SA and has been its Executive Director since June 27, 2008. 


CEO Compensation Analysis

Compensation vs Market: Felix's total compensation ($USD0.00) is below average for companies of similar size in the Spanish market ($USD328.22K).

Compensation vs Earnings: Felix's compensation has been consistent with company performance over the past year.


Board Members

NamePositionTenureCompensationOwnership
Vicente Garrido Capa
Executive Chairman30.67yrs€203.00k1.06% 1.2m
Felix Cano de la Fuente
CEO, MD & Executive Directorno data€167.00k0.32% 364.8k
Pablo Garrido Martin
Executive Director3yrsno data0.70% 794.6k
Vicente Garrido Martín
Secretary & External Director18.75yrsno datano data
Angel Javier Mosquera Llamas
External Director15.08yrs€38.00k1.05% 1.2m
Francisco Galindo Martin
Independent Director30.67yrs€38.00k2.37% 2.7m
Luis Oliveri Gandarillas
Independent Vice Chairman of the Boardno data€38.00k0.90% 1.0m
Yolanda Marina García
Independent Director13.08yrsno datano data
Ignacio Cuadrado Zuloaga
Independent Director1.42yrsno data0.26% 300.7k

14.1yrs

Average Tenure

Experienced Board: LGT's board of directors are seasoned and experienced ( 14.1 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.


Recent Insider Transactions

Ownership Breakdown

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


Top Shareholders

Company Information

Lingotes Especiales, S.A.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Lingotes Especiales, S.A.
  • Ticker: LGT
  • Exchange: BME
  • Founded: 1968
  • Industry: Auto Parts and Equipment
  • Sector: Automobiles
  • Market Cap: €114.000m
  • Shares outstanding: 10.00m
  • Website: https://www.lingotes.com/de

Number of Employees


Location

  • Lingotes Especiales, S.A.
  • Calle Colmenares, Nº 5
  • Piso 1º
  • Valladolid
  • Castile and León
  • 47004
  • Spain

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
LGTBME (Bolsas y Mercados Espanoles)YesBearer SharesESEURJan 1992
0F3GLSE (London Stock Exchange)YesBearer SharesGBEURJan 1992
LGTEBATS-CHIXE (BATS 'Chi-X Europe')YesBearer SharesGBEURJan 1992

Biography

Lingotes Especiales, S.A. engages in the designing, development, casting, machining, and assembly of grey and ductile iron components primarily for the automotion, electrical appliances, and civil engineering in Spain. It is also involved in the machining and assembly of automotive components, primarily brake discs and drums, fly-wheels, or pressure-plates; and provision of finishing services, and coating and other additions to components used in automotion industry. The company also serves electrical appliances, railways, civil engineering, industrial vehicle, farm machinery, compressor, and other markets. It also exports its products. The company was founded in 1968 and is headquartered in Valladolid, Spain. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/07/06 20:57
End of Day Share Price2020/07/06 00:00
Earnings2019/12/31
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.