Loading...

Locindus

ENXTPA:LD
Snowflake Description

Proven track record second-rate dividend payer.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
LD
ENXTPA
€284M
Market Cap
  1. Home
  2. FR
  3. Banks
Company description

Locindus SA, a financial company, provides real estate leasing, mortgage loans, and long-term loans in France. The last earnings update was 112 days ago. More info.


Add to Portfolio Compare Print
LD Share Price and Events
7 Day Returns
0%
ENXTPA:LD
1.4%
Europe Mortgage
0.5%
FR Market
1 Year Returns
26.1%
ENXTPA:LD
-13%
Europe Mortgage
-0.6%
FR Market
LD Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Locindus (LD) 0% 0.4% 6.8% 26.1% 56.5% 41.5%
Europe Mortgage 1.4% 1.1% 2.6% -13% 22% 5.4%
FR Market 0.5% 6.6% 4.5% -0.6% 24.2% 26.8%
1 Year Return vs Industry and Market
  • LD outperformed the Mortgage industry which returned -13% over the past year.
  • LD outperformed the Market in France which returned -0.6% over the past year.
Price Volatility
LD
Industry
5yr Volatility vs Market
Related Companies

Value

 Is Locindus undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Locindus to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data    Our intrinsic value calculation method has changed recently, learn more here.

Below are the data sources, inputs and calculation used to determine the intrinsic value for Locindus.

ENXTPA:LD Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Excess Returns Model
Stable EPS Median Return on Equity from the past 5 years.
= Stable Book Value * Return on Equity
= €24.06 * 3%
€0.71
Book Value of Equity per Share Median Book Value from the past 5 years. €24.06
Discount Rate (Cost of Equity) See below 10.5%
Perpetual Growth Rate 10-Year FR Government Bond Rate 0.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for ENXTPA:LD
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year FR Govt Bond Rate 0.7%
Equity Risk Premium S&P Global 6.7%
Mortgage Unlevered Beta Simply Wall St/ S&P Global 0.85
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.846 (1 + (1- 33%) (151.02%))
1.471
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.47
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.73% + (1.471 * 6.65%)
10.51%

Discounted Cash Flow Calculation for ENXTPA:LD using Excess Returns Model Model

The calculations below outline how an intrinsic value for Locindus is arrived at using the Excess Return Model. This approach is used for finance firms where free cash flow is difficult to estimate.

In the Excess Return Model the value of a firm can be written as the sum of capital invested currently in the firm and the present value of excess returns that the firm expects to make in the future.

The model is sensitive to the Return on Equity of the company versus the Cost of Equity, how these are calculated is detailed below the main calculation.

Note the calculations below are per share.

See our documentation to learn about this calculation.

ENXTPA:LD Value of Excess Returns
Calculation Result
Excess Returns = (Stable Return on equity – Cost of equity) (Book Value of Equity per share)
= (3% – 10.51%) * €24.06)
€-1.82
Terminal Value of Excess Returns = Excess Returns / (Cost of Equity - Expected Growth Rate)
= €-1.82 / (10.51% - 0.73%)
€-18.57
Value of Equity = Book Value per share + Terminal Value of Excess Returns
= €24.06 + €-18.57
€5.49
ENXTPA:LD Discount to Share Price
Calculation Result
Value per share (EUR) From above. €5.49
Current discount Discount to share price of €26.60
= -1 x (€26.60 - €5.49) / €5.49
-384.9%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Locindus is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Locindus's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Locindus's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ENXTPA:LD PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-09-30) in EUR €1.24
ENXTPA:LD Share Price ** ENXTPA (2019-02-22) in EUR €26.6
Europe Mortgage Industry PE Ratio Median Figure of 14 Publicly-Listed Mortgage Companies 8.11x
France Market PE Ratio Median Figure of 417 Publicly-Listed Companies 15.51x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Locindus.

ENXTPA:LD PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ENXTPA:LD Share Price ÷ EPS (both in EUR)

= 26.6 ÷ 1.24

21.5x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Locindus is overvalued based on earnings compared to the Europe Mortgage industry average.
  • Locindus is overvalued based on earnings compared to the France market.
Price based on expected Growth
Does Locindus's expected growth come at a high price?
Raw Data
ENXTPA:LD PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 21.5x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
9.5%per year
Europe Mortgage Industry PEG Ratio Median Figure of 7 Publicly-Listed Mortgage Companies 1.22x
France Market PEG Ratio Median Figure of 271 Publicly-Listed Companies 1.35x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Locindus, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Locindus's assets?
Raw Data
ENXTPA:LD PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-09-30) in EUR €23.96
ENXTPA:LD Share Price * ENXTPA (2019-02-22) in EUR €26.6
Europe Mortgage Industry PB Ratio Median Figure of 16 Publicly-Listed Mortgage Companies 0.81x
France Market PB Ratio Median Figure of 617 Publicly-Listed Companies 1.49x
ENXTPA:LD PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ENXTPA:LD Share Price ÷ Book Value per Share (both in EUR)

= 26.6 ÷ 23.96

1.11x

* Primary Listing of Locindus.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Locindus is overvalued based on assets compared to the Europe Mortgage industry average.
X
Value checks
We assess Locindus's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Mortgage industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Mortgage industry average (and greater than 0)? (1 check)
  5. Locindus has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

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

  • No analysts cover Locindus, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
9.5%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Locindus expected to grow at an attractive rate?
  • Locindus's earnings growth is expected to exceed the low risk savings rate of 0.7%.
Growth vs Market Checks
  • Locindus's earnings growth is positive but not above the France market average.
  • Unable to compare Locindus's revenue growth to the France market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
ENXTPA:LD Future Growth Rates Data Sources
Data Point Source Value (per year)
ENXTPA:LD Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 9.5%
Europe Mortgage Industry Earnings Growth Rate Market Cap Weighted Average 7.2%
Europe Mortgage Industry Revenue Growth Rate Market Cap Weighted Average 5%
France Market Earnings Growth Rate Market Cap Weighted Average 12.4%
France Market Revenue Growth Rate Market Cap Weighted Average 4.7%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
ENXTPA:LD Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
ENXTPA:LD Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2018-09-30 21 13
2018-06-30 14 -17 13
2018-03-31 19 12
2017-12-31 15 -3 9
2017-09-30 16 7
2017-06-30 16 -20 7
2017-03-31 15 7
2016-12-31 16 9 7
2016-09-30 17 6
2016-06-30 17 51 7
2016-03-31 20 8
2015-12-31 19 40 8

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Locindus's earnings are expected to grow by 9.5% yearly, however this is not considered high growth (20% yearly).
  • Unable to determine if Locindus is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
ENXTPA:LD Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Locindus Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ENXTPA:LD Past Financials Data
Date (Data in EUR Millions) EPS *
2018-09-30
2018-06-30 1.24
2018-03-31
2017-12-31 0.89
2017-09-30
2017-06-30 0.69
2017-03-31
2016-12-31 0.64
2016-09-30
2016-06-30 0.69
2016-03-31
2015-12-31 0.71

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Locindus will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Locindus's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Locindus has a total score of 1/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Locindus performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Locindus's growth in the last year to its industry (Mortgage).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Locindus's year on year earnings growth rate has been positive over the past 5 years.
  • Locindus's 1-year earnings growth exceeds its 5-year average (88.8% vs 5.9%)
  • Locindus's earnings growth has exceeded the Europe Mortgage industry average in the past year (88.8% vs 26.3%).
Earnings and Revenue History
Locindus's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Locindus Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ENXTPA:LD Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-09-30 20.60 13.27
2018-06-30 14.28 13.19
2018-03-31 19.40 12.47
2017-12-31 14.80 9.47
2017-09-30 15.55 7.03
2017-06-30 15.93 7.36
2017-03-31 14.95 6.63
2016-12-31 15.55 6.83
2016-09-30 16.51 6.11
2016-06-30 16.93 7.34
2016-03-31 19.81 8.31
2015-12-31 18.63 7.61
2015-09-30 18.17 8.07
2015-06-30 18.37 7.31
2015-03-31 18.08 7.60
2014-12-31 20.42 8.65
2014-09-30 21.29 8.53
2014-06-30 22.16 8.42
2014-03-31 21.60 8.50
2013-12-31 21.03 8.59
2013-09-30 19.03 9.01
2013-06-30 17.02 9.42
2013-03-31 16.61 9.97
2012-12-31 16.20 10.52
2012-09-30 16.76 10.38
2012-06-30 17.33 10.23
2012-03-31 17.05 9.26

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Locindus has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Locindus used its assets more efficiently than the Europe Mortgage industry average last year based on Return on Assets.
  • Unable to establish if Locindus improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.
X
Past performance checks
We assess Locindus's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Mortgage industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Locindus has a total score of 4/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Locindus's financial position? (This company is analysed differently as a bank or financial institution)

This company is a bank or financial institution.

Fundamentally a bank's business is based upon borrowing and lending money, for this reason they typically have high levels of debt and we analyse them differently.
Net Worth
Balance sheet
This treemap shows a more detailed breakdown of Locindus's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Locindus Company Filings, last reported 4 months ago.

ENXTPA:LD Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-09-30 255.62 428.60
2018-06-30 255.62 428.60
2018-03-31 260.39 445.99
2017-12-31 260.39 445.99
2017-09-30 254.14 471.44
2017-06-30 254.14 471.44
2017-03-31 257.74 460.04
2016-12-31 257.74 460.04
2016-09-30 254.08 588.46 6.94
2016-06-30 254.08 588.46 6.94
2016-03-31 262.30 535.78 6.36
2015-12-31 262.30 535.78 6.36
2015-09-30
2015-06-30 257.66 457.24 12.62
2015-03-31 265.32 439.82 11.73
2014-12-31 265.32 439.82 11.73
2014-09-30 265.32 439.82 11.73
2014-06-30 260.99 413.78 16.23
2014-03-31 260.99 413.78 16.23
2013-12-31 267.39 497.19 22.12
2013-09-30 267.39 497.19 22.12
2013-06-30 263.28 475.85 16.01
2013-03-31 263.28 475.85 16.01
2012-12-31 259.42 598.67 22.46
2012-09-30 259.42 598.67 22.46
2012-06-30 254.54 591.12 23.28
2012-03-31 254.54 591.12 23.28
BANK ANALYSIS

This company is a bank or financial institution, which is analysed accordingly below.

Below we check the amount of loans the bank has, how many of those are bad, and its ability to cover any bad loans.
  • Unable to establish if Locindus has an acceptable proportion of non-loan assets without balance sheet data.
  • Unable to establish if Locindus's liabilities are primarily made up of low risk funding sources without deposits or liabilities data.
  • Locindus reports no customer deposits, loans are made up entirely of borrowed funds.
  • Locindus's level of assets compared to its equity is low (i.e. an appropriate level of borrowing to fund lending).
  • Unable to establish if Locindus has a sufficient allowance for bad loans without relevant financial data.
  • Unable to establish if Locindus has an acceptable level of bad loans without bad loans data.
X
Financial health checks
We assess Locindus's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Locindus has a total score of 1/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
3.35%
Current annual income from Locindus dividends.
If you bought €2,000 of Locindus shares you are expected to receive €67 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Locindus's pays a higher dividend yield than the bottom 25% of dividend payers in France (1.63%).
  • Locindus's dividend is below the markets top 25% of dividend payers in France (4.43%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
ENXTPA:LD Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Europe Mortgage Industry Average Dividend Yield Market Cap Weighted Average of 13 Stocks 5.8%
France Market Average Dividend Yield Market Cap Weighted Average of 320 Stocks 3.1%
France Minimum Threshold Dividend Yield 10th Percentile 1%
France Bottom 25% Dividend Yield 25th Percentile 1.6%
France Top 25% Dividend Yield 75th Percentile 4.4%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

ENXTPA:LD Past Annualized Dividends Data
Date (Data in €) Dividend per share (annual) Avg. Yield (%)
2018-04-03 0.890 3.639
2018-03-09 0.890 4.262
2017-04-04 0.640 3.275
2017-03-07 0.640 3.382
2016-03-31 1.000 5.444
2016-03-09 1.000 5.679
2015-04-17 1.000 5.623
2014-04-17 1.000 5.373
2014-03-27 1.000 5.303
2013-04-08 1.000 6.162
2012-04-17 1.000 8.199
2012-03-20 1.000 7.068
2011-04-13 1.100 6.526
2011-03-16 1.100 5.056
2010-03-01 2.360 9.967
2009-05-19 0.460 2.641
2009-03-02 0.460 2.770

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of Locindus's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.4x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Locindus's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Locindus afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Locindus has a total score of 3/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Locindus's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Philippe Dupin
COMPENSATION €326,351
AGE 64
TENURE AS CEO 10.3 years
CEO Bio

Mr. Philippe Dupin has been Managing Director of Locindus SA since January 1, 2011 and also serves as its Chief Executive Officer.

CEO Compensation
  • Philippe's compensation has been consistent with company performance over the past year.
  • Philippe's remuneration is about average for companies of similar size in France.
Management Team

Philippe Dupin

TITLE
Chief Executive Officer
COMPENSATION
€326K
AGE
64
TENURE
10.3 yrs

Alain Capdebielle

TITLE
Deputy Chief Executive Officer and Deputy Managing Director
COMPENSATION
€154K
TENURE
8.2 yrs

Jean-Pierre Chambon

TITLE
Member of the Executive Board
COMPENSATION
€275K
AGE
72

Alain Artoré

TITLE
Member of Executive Board and Property Director
COMPENSATION
€214K
AGE
72

Catherine Queffélec

TITLE
Officer of Communication & the Individual Shareholders Relations
Board of Directors Tenure

Average tenure and age of the Locindus board of directors in years:

3.6
Average Tenure
55
Average Age
  • The tenure for the Locindus board of directors is about average.
Board of Directors

Benoît Marie Francois Catel

TITLE
Chairman of the Board
COMPENSATION
€388K
AGE
56
TENURE
2 yrs

Marion Dewagenaere

TITLE
Independent Director
COMPENSATION
€8K
AGE
37

Anne Cornet

TITLE
Director
COMPENSATION
€175K
TENURE
5.2 yrs

François Thomazeau

TITLE
Independent Censor
COMPENSATION
€12K
AGE
69
TENURE
5.2 yrs

Valérie Gillio

TITLE
Independent Director
COMPENSATION
€8K
AGE
47
TENURE
1.3 yrs

Alain Carron

TITLE
Director
COMPENSATION
€311K
AGE
55
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
25. Feb 19 Buy Groupe BPCE Company 22. Feb 19 22. Feb 19 5,543 €26.50 €146,889
22. Feb 19 Buy Groupe BPCE Company 21. Feb 19 21. Feb 19 15,491 €26.50 €410,511
21. Feb 19 Buy Groupe BPCE Company 20. Feb 19 20. Feb 19 1,062 €26.50 €28,143
20. Feb 19 Buy Groupe BPCE Company 19. Feb 19 19. Feb 19 6,254 €26.50 €165,731
19. Feb 19 Buy Groupe BPCE Company 18. Feb 19 18. Feb 19 40,937 €26.50 €1,084,831
18. Feb 19 Buy Groupe BPCE Company 15. Feb 19 15. Feb 19 99,196 €26.50 €2,628,694
15. Feb 19 Buy Groupe BPCE Company 14. Feb 19 14. Feb 19 8,841 €26.50 €234,286
14. Feb 19 Buy Groupe BPCE Company 13. Feb 19 13. Feb 19 7,907 €26.50 €209,536
13. Feb 19 Buy Groupe BPCE Company 12. Feb 19 12. Feb 19 5,147 €26.50 €136,395
12. Feb 19 Buy Groupe BPCE Company 11. Feb 19 11. Feb 19 13,517 €26.50 €358,201
11. Feb 19 Buy Groupe BPCE Company 08. Feb 19 08. Feb 19 9,169 €26.50 €242,978
08. Feb 19 Buy Groupe BPCE Company 07. Feb 19 07. Feb 19 7,743 €26.50 €205,189
07. Feb 19 Buy Groupe BPCE Company 06. Feb 19 06. Feb 19 111,442 €26.50 €2,953,213
06. Feb 19 Buy Groupe BPCE Company 05. Feb 19 05. Feb 19 17,699 €26.50 €469,024
05. Feb 19 Buy Groupe BPCE Company 04. Feb 19 04. Feb 19 29,261 €26.50 €775,417
04. Feb 19 Buy Groupe BPCE Company 01. Feb 19 01. Feb 19 26,034 €26.50 €689,901
01. Feb 19 Buy Groupe BPCE Company 31. Jan 19 31. Jan 19 65,549 €26.50 €1,737,048
31. Jan 19 Buy Groupe BPCE Company 30. Jan 19 30. Jan 19 8,956 €26.50 €237,334
31. Jan 19 Sell Sycomore Asset Management SA Company 29. Jan 19 29. Jan 19 -747,823 €26.50 €-19,817,309
30. Jan 19 Buy Groupe BPCE Company 29. Jan 19 29. Jan 19 764,710 €26.50 €20,264,815
29. Jan 19 Buy Groupe BPCE Company 28. Jan 19 28. Jan 19 802,967 €26.50 €21,278,625
28. Jan 19 Buy Groupe BPCE Company 25. Jan 19 25. Jan 19 9,809 €26.50 €259,939
25. Jan 19 Buy Groupe BPCE Company 24. Jan 19 24. Jan 19 3,492 €26.50 €92,538
24. Jan 19 Buy Groupe BPCE Company 23. Jan 19 23. Jan 19 537 €26.50 €14,230
23. Jan 19 Buy Groupe BPCE Company 22. Jan 19 22. Jan 19 898 €26.50 €23,797
22. Jan 19 Buy Groupe BPCE Company 21. Jan 19 21. Jan 19 458 €26.50 €12,137
X
Management checks
We assess Locindus's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Locindus has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Is Locindus SA (EPA:LD) A Good Dividend Stock?

Over the past 10 years, Locindus SA (EPA:LD) has returned an average of 5.00% per year to shareholders in terms of dividend yield. … Does Locindus tick all the boxes of a great dividend stock? … 5 questions I ask before picking a dividend stock

Simply Wall St -

Does Locindus SA's (EPA:LD) PE Ratio Warrant A Sell?

and want to begin learning the link between Locindus SA (EPA:LD)’s fundamentals and stock market performance. … Locindus SA (EPA:LD) trades with a trailing P/E of 21.4x, which is higher than the industry average of 13.1x. … Although some investors may jump to the conclusion that you should avoid the stock or sell if you own it, understanding the assumptions behind the P/E ratio might change your mind

Simply Wall St -

Has Locindus SA (ENXTPA:LD) Improved Earnings Growth In Recent Times?

For investors with a long-term horizon, assessing earnings trend over time and against industry benchmarks is more valuable than looking at a single earnings announcement in one point in time. … LD's trailing twelve-month earnings (from 31 March 2018) of €12.47m has. … Furthermore, this one-year growth rate has exceeded its 5-year annual growth average of -2.49%, indicating the rate at which LD is growing has accelerated

Simply Wall St -

Is Locindus SA (EPA:LD) A Sell At Its Current PE Ratio?

By comparing a stock’s price per share to its earnings per share, we are able to see how much investors are paying for each dollar of the company’s earnings. … Formula Price-Earnings Ratio = Price per share ÷ Earnings per share P/E Calculation for LD Price per share = €22.2 Earnings per share = €1.169 ∴ Price-Earnings Ratio = €22.2 ÷ €1.169 = 19x The P/E ratio itself doesn’t tell you a lot; however, it becomes very insightful when you compare it with other similar companies. … Since LD's P/E of 19x is higher than its industry peers (18.2x), it means that investors are paying more than they should for each dollar of LD's earnings.

Simply Wall St -

Where Locindus SA (EPA:LD) Stands In Terms Of Earnings Growth Against Its Industry

Measuring Locindus SA's (ENXTPA:LD) track record of past performance is an insightful exercise for investors. … Below, I will assess LD's recent performance announced on 31 December 2017 and compare these figures to its historical trend and industry movements. … See our latest analysis for Locindus How LD fared against its long-term earnings performance and its industry I prefer to use data from the most recent 12 months, which annualizes the most recent half-year data, or in some cases, the latest annual report is already the most recent financial year data.

Simply Wall St -

What You Must Know About Locindus SA's (EPA:LD) 3.74% ROE

See our latest analysis for Locindus Breaking down Return on Equity Return on Equity (ROE) is a measure of Locindus’s profit relative to its shareholders’ equity. … Return on Equity = Net Profit ÷ Shareholders Equity ROE is assessed against cost of equity, which is measured using the Capital Asset Pricing Model (CAPM) – but let’s not dive into the details of that today. … This is called the Dupont Formula: Dupont Formula ROE = profit margin × asset turnover × financial leverage ROE = (annual net profit ÷ sales) × (sales ÷ assets) × (assets ÷ shareholders’ equity) ROE = annual net profit ÷ shareholders’ equity ENXTPA:LD Last Perf Mar 21st 18 Basically, profit margin measures how much of revenue trickles down into earnings which illustrates how efficient the business is with its cost management.

Simply Wall St -

Company Info

Map
Description

Locindus SA, a financial company, provides real estate leasing, mortgage loans, and long-term loans in France. The company was founded in 1968 and is headquartered in Paris, France. Locindus SA is a subsidiary of Crédit Foncier de France.

Details
Name: Locindus SA
LD
Exchange: ENXTPA
Founded: 1968
€283,794,921
10,668,982
Website: http://www.locindus.fr
Address: Locindus SA
19 rue des Capucines,
Paris,
Ile-de-France, 75001,
France
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ENXTPA LD Ordinary Shares Euronext Paris FR EUR 02. Jan 1992
LSE 0O0K Ordinary Shares London Stock Exchange GB EUR 02. Jan 1992
BATS-CHIXE LDP Ordinary Shares BATS 'Chi-X Europe' GB EUR 02. Jan 1992
Number of employees
Current staff
Staff numbers
0
Locindus employees.
Industry
Thrifts and Mortgage Finance
Banks
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/01 21:03
End of day share price update: 2019/02/22 00:00
Last earnings filing: 2018/11/09
Last earnings reported: 2018/09/30
Last annual earnings reported: 2017/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.