LISI S.A. provides assembly and component solutions for the aerospace, automotive, and medical industries in France and internationally.
Very undervalued established dividend payer.
Share Price & News
How has Lisi's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: FII's share price has been volatile over the past 3 months.
7 Day Return
FR Aerospace & Defense
1 Year Return
FR Aerospace & Defense
Return vs Industry: FII matched the French Aerospace & Defense industry which returned -44% over the past year.
Return vs Market: FII underperformed the French Market which returned -12% over the past year.
Price Volatility Vs. Market
How volatile is Lisi's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StSome Lisi (EPA:FII) Shareholders Have Copped A Big 63% Share Price Drop
1 month ago | Simply Wall StIncome Investors Should Know That Lisi S.A. (EPA:FII) Goes Ex-Dividend Soon
1 month ago | Simply Wall StShould You Worry About Lisi S.A.'s (EPA:FII) CEO Pay?
Is Lisi 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: FII (€15.04) is trading below our estimate of fair value (€31.17)
Significantly Below Fair Value: FII is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: FII is good value based on its PE Ratio (11.5x) compared to the Aerospace & Defense industry average (11.6x).
PE vs Market: FII is good value based on its PE Ratio (11.5x) compared to the French market (14.2x).
Price to Earnings Growth Ratio
PEG Ratio: FII is good value based on its PEG Ratio (0.9x)
Price to Book Ratio
PB vs Industry: FII is good value based on its PB Ratio (0.8x) compared to the FR Aerospace & Defense industry average (1.3x).
How is Lisi 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: FII's forecast earnings growth (12.4% per year) is above the savings rate (0.6%).
Earnings vs Market: FII's earnings (12.4% per year) are forecast to grow slower than the French market (13.1% per year).
High Growth Earnings: FII's earnings are forecast to grow, but not significantly.
Revenue vs Market: FII's revenue is expected to decline over the next 3 years (-4.9% per year).
High Growth Revenue: FII's revenue is forecast to decline over the next 3 years (-4.9% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: FII's Return on Equity is forecast to be low in 3 years time (8.7%).
How has Lisi performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FII has a large one-off loss of €44.3M impacting its December 31 2019 financial results.
Growing Profit Margin: FII's current net profit margins (4%) are lower than last year (5.5%).
Past Earnings Growth Analysis
Earnings Trend: FII's earnings have declined by -1.7% per year over the past 5 years.
Accelerating Growth: FII's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: FII had negative earnings growth (-24.2%) over the past year, making it difficult to compare to the Aerospace & Defense industry average (19.4%).
Return on Equity
High ROE: FII's Return on Equity (7.2%) is considered low.
How is Lisi's financial position?
Financial Position Analysis
Short Term Liabilities: FII's short term assets (€849.7M) exceed its short term liabilities (€451.3M).
Long Term Liabilities: FII's short term assets (€849.7M) exceed its long term liabilities (€528.1M).
Debt to Equity History and Analysis
Debt Level: FII's debt to equity ratio (47.3%) is considered high.
Reducing Debt: FII's debt to equity ratio has increased from 38.7% to 47.3% over the past 5 years.
Debt Coverage: FII's debt is well covered by operating cash flow (46.4%).
Interest Coverage: FII's interest payments on its debt are well covered by EBIT (21.5x coverage).
What is Lisi's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: FII's dividend (3.06%) is higher than the bottom 25% of dividend payers in the French market (1.77%).
High Dividend: FII's dividend (3.06%) is low compared to the top 25% of dividend payers in the French market (5.34%).
Stability and Growth of Payments
Stable Dividend: FII's dividends per share have been stable in the past 10 years.
Growing Dividend: FII's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (35.1%), FII's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: FII's dividends in 3 years are forecast to be covered by earnings (53.6% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Emmanuel Viellard (55yo)
Mr. Viellard Emmanuel has been the Chief Executive Officer of Lisi SA. He had been an Executive General Manager of the Group and Chief Executive Officer at Lisi SA since March 1, 2016. Mr. Emmanuel serves ...
CEO Compensation Analysis
Compensation vs Market: Emmanuel's total compensation ($USD898.47K) is about average for companies of similar size in the French market ($USD780.58K).
Compensation vs Earnings: Emmanuel's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
|CEO, MD||4.17yrs||€817.88k||0.071% €565.2k|
|Deputy CEO in charge of Internal Audit & HR Coordination and Representative Director||18.33yrs||€716.43k||0.14% €1.1m|
|VP - Operations||no data||no data||no data|
|Independent Vice-Chairwoman||no data||€53.75k||0.0016% €12.8k|
|Independent Director||11.33yrs||€37.50k||0.0019% €15.1k|
|Non-Executive Chairman||21.33yrs||€58.75k||0.16% €1.3m|
|Representative Director||20.33yrs||€39.50k||0.00023% €1.8k|
Experienced Board: FII's board of directors are seasoned and experienced ( 16.8 years average tenure).
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 not been meaningfully diluted in the past year.
Lisi S.A.'s company bio, employee growth, exchange listings and data sources
- Name: Lisi S.A.
- Ticker: FII
- Exchange: ENXTPA
- Founded: 1777
- Industry: Aerospace and Defense
- Sector: Capital Goods
- Market Cap: €800.640m
- Shares outstanding: 53.23m
- Website: https://www.lisi-group.com
Number of Employees
- Lisi S.A.
- 6 rue Juvénal Viellard
- Franche Comté
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|FII||ENXTPA (Euronext Paris)||Yes||Share Capital||FR||EUR||Jan 1992|
|LSII.F||OTCPK (Pink Sheets LLC)||Yes||Share Capital||US||USD||Jan 1992|
|0EKE||LSE (London Stock Exchange)||Yes||Share Capital||GB||EUR||Jan 1992|
|LI3||DB (Deutsche Boerse AG)||Yes||Share Capital||DE||EUR||Jan 1992|
|FIIP||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Share Capital||GB||EUR||Jan 1992|
LISI S.A. engages in the production and sale of fasteners and assembly components in France and internationally. It operates in three divisions: LISI Aerospace, LISI Automotive, and LISI Medical. The LISI Aerospace division provides airframe structural fasteners; engine fasteners, inserts, studs, and shaft nuts; clip nuts, quarter turns, spacers, etc.; locks, push pins, and assembly equipment; and fasteners and components for motor sports. This division also offers sheet metal and composite structural parts; blades, leading edges, arms and OGVs, beams, shells, air inlets, trunk area, drives, gears, door stops, helicopter floor products, APU nozzles, etc.; and indoor equipment for aircraft and helicopter unloaders. The LISI Automotive division provides fasteners for powertrain, and indoor and outdoor equipment; structural and wheel screws and nuts; screws for sheet metal and soft materials; self-tapping screws; and spacers and hollow bodies, as well as PRESSFIX screws and force-fitting nuts, as well as assembly equipment. This division also offers clipped solutions, such as snap-on nuts with tapped drums; clip assembly systems for tubes, cables, and beams; rivets and pins; axis fasteners; blanking plugs and cable grommets, and fasteners for panels; and metalloplastic subsets, as well as mechanical safety components, including ball studs, guide pins, brake fittings, electrical parking brake systems, seat mechanism pinions and linkage products, engine and gear shift components, and direction components. The LISI Medical division offers orthopedic implants and instruments; trauma and extremities; spine, maxillofacial, and dental implants; and mini-invasive single-use instruments, as well as orthopedic reconstruction implants and instruments. The company was formerly known as GFI Industries and changed its name to LISI S.A. in 2002. The company was founded in 1777 and is headquartered in Belfort, France. LISI S.A. is a subsidiary of Compagnie Industrielle De Delle S.A.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/05/27 07:17|
|End of Day Share Price||2020/05/26 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.