Legrand
Market Cap
€17.5b
Last Updated
2019/09/21 21:07 UTC
Data Sources
Company Financials +
Executive Summary
Legrand SA, together with its subsidiaries, provides electrical and digital building infrastructures worldwide.
Snowflake
Fundamentals
Established dividend payer with mediocre balance sheet.
Similar Companies
Share Price & News
How has Legrand's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
-1.7%
LR
-1.7%
FR Electrical
0.1%
FR Market
1 Year Return
2.6%
LR
10.3%
FR Electrical
2.1%
FR Market
LR underperformed the Electrical industry which returned 10.3% over the past year.
LR matched the France Market (2.1%) over the past year.
Share holder returns
| LR | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.7% | -1.7% | 0.1% |
| 30 Day | 4.8% | 7.4% | 4.3% |
| 90 Day | 1.9% | 2.2% | 2.0% |
| 1 Year | 4.9%2.6% | 13.3%10.3% | 5.6%2.1% |
| 3 Year | 29.2%21.5% | 32.6%22.9% | 44.8%30.8% |
| 5 Year | 77.6%59.7% | 59.8%37.6% | 61.9%38.0% |
Price Volatility Vs. Market
How volatile is Legrand's share price compared to the market and industry in the last 5 years?
Simply Wall St News
5 days ago | Simply Wall St
What Does Legrand SA's (EPA:LR) P/E Ratio Tell You?2 weeks ago | Simply Wall St
Does Legrand SA (EPA:LR) Create Value For Shareholders?1 month ago | Simply Wall St
How Has Legrand SA's (EPA:LR) Earnings Fared Against The Long Term TrendValuation
Is Legrand undervalued based on future cash flows and its price relative to the stock market?
21.97x
Price to Earnings (PE) ratio
Intrinsic Value Based on Future Cash Flows
Legrand's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).
Legrand's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).
Price Based on Earnings
Legrand is overvalued based on earnings compared to the FR Electrical industry average.
Legrand is overvalued based on earnings compared to the France market.
Price Based on Expected Growth
Legrand is poor value based on expected growth next year.
Price Based on Value of Assets
Legrand is overvalued based on assets compared to the FR Electrical industry average.
Next Steps
Future Growth
How is Legrand expected to perform in the next 1 to 3 years based on estimates from 17 analysts?
4.6%
Forecasted annual earnings growth
Earnings and Revenue Growth Estimates
Future Annual Growth Analysis
Legrand's revenue is expected to grow by 3.6% yearly, however this is not considered high growth (20% yearly).
Legrand's earnings are expected to grow by 4.6% yearly, however this is not considered high growth (20% yearly).
Legrand's revenue growth is positive but not above the France market average.
Legrand's earnings growth is positive but not above the France market average.
Legrand's earnings growth is expected to exceed the low risk savings rate of 0.7%.
Earnings per Share Growth Estimates
Future Return on Equity
Legrand is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
Next Steps
Past Performance
How has Legrand performed over the past 5 years?
10.2%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Legrand's year on year earnings growth rate has been positive over the past 5 years.
Legrand's 1-year earnings growth is less than its 5-year average (1.5% vs 10.2%)
Legrand's earnings growth has exceeded the FR Electrical industry average in the past year (1.5% vs 1.3%).
Return on Equity
Legrand has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
Return on Assets
Legrand used its assets more efficiently than the FR Electrical industry average last year based on Return on Assets.
Return on Capital Employed
Legrand's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
Next Steps
Financial Health
How is Legrand's financial position?
Financial Position Analysis
Legrand is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
Legrand's long term commitments exceed its cash and other short term assets.
Debt to Equity History and Analysis
Legrand's level of debt (82.9%) compared to net worth is high (greater than 40%).
The level of debt compared to net worth has increased over the past 5 years (55.9% vs 82.9% today).
Debt is well covered by operating cash flow (27.8%, greater than 20% of total debt).
Interest payments on debt are well covered by earnings (EBIT is 17.1x coverage).
Balance Sheet
Low level of unsold assets.
Debt is not covered by short term assets, assets are 0.8x debt.
Next Steps
Dividend
What is Legrand's current dividend yield, its reliability and sustainability?
2.31%
Expected Dividend Yield
Dividend Yield and Payments Analysis
Legrand's pays a higher dividend yield than the bottom 25% of dividend payers in France (1.55%).
Legrand's dividend is below the markets top 25% of dividend payers in France (4.49%).
Dividends per share have been stable in the past 10 years.
Dividends per share have increased over the past 10 years.
Current Payout to Shareholders
Dividends paid are well covered by earnings (2.2x coverage).
Future Payout to Shareholders
Dividends after 3 years are expected to be well covered by earnings (2.2x coverage).
Next Steps
Management
What is the CEO of Legrand's salary, the management and board of directors tenure and is there insider trading?
1.1yrs
Average management tenure
CEO
Benoît Coquart (46yo)
1.6yrs
Tenure
€2,456,524
Compensation
Mr. Benoît Coquart has been the Chief Executive Officer/General Manager at Legrand SA since February 08, 2018. Mr. Coquart is responsible for the general management of Legrand. Mr. Coquart served as an Exe ...
CEO Compensation Analysis
Benoît's remuneration is lower than average for companies of similar size in France.
Insufficient data for Benoît to compare compensation growth.
Management Age and Tenure
1.1yrs
Average Tenure
51yo
Average Age
The average tenure for the Legrand management team is less than 2 years, this suggests a new team.
Board Age and Tenure
7.3yrs
Average Tenure
59yo
Average Age
The tenure for the Legrand board of directors is about average.
Insider Trading
No 3 month open market individual insider trading information.
Ownership Breakdown
Management Team
Philippe Weber
Deputy COO & Group VP - Energy Distribution & Industrial Applications Div
- Tenure: 0yrs
Paolo Perino (65yo)
Chairman of Bticino & Executive VP of Strategy & Dev.
- Tenure: 0yrs
Antoine Burel (57yo)
Deputy CEO & Executive VP of Group Operations
- Tenure: 0.7yrs
Francois-Etienne Poisson
Director of Finance & Investor Relations
- Tenure: 0yrs
Benoît Coquart (46yo)
Chief Executive Officer
- Tenure: 1.6yrs
- Compensation: €2.46m
Frédéric Xerri (50yo)
Executive Vice President of Europe
- Tenure: 0yrs
Bénédicte Bahier
Executive Vice President of Human Resources
- Tenure: 1.7yrs
Karine Alquier-Caro (47yo)
Executive Vice President of Purchasing
- Tenure: 0yrs
Franck Lemery (52yo)
Executive VP & CFO
- Tenure: 0.7yrs
Jean-Luc Cartet
Executive Vice President of Asia-Pacific
- Tenure: 0yrs
Board Members
Ned Gilhuly (59yo)
Independent Director
- Tenure: 1.3yrs
Christel Bories (55yo)
Independent Non-Executive Director
- Tenure: 7.3yrs
- Compensation: €70.00k
Olivier Bazil (73yo)
Non-Executive Director
- Tenure: 16.8yrs
- Compensation: €64.00k
Gilles Schnepp (61yo)
Chairman
- Tenure: 13.5yrs
- Compensation: €625.00k
Eliane Rouyer-Chevalier (66yo)
Independent Non-Executive Director
- Tenure: 8.3yrs
- Compensation: €90.00k
Benot Valentin
Observer
- Tenure: 15.7yrs
Paolo Perino (65yo)
Chairman of Bticino & Executive VP of Strategy & Dev.
- Tenure: 0yrs
Isabelle Boccon-Gibod (51yo)
Independent Director
- Tenure: 3.3yrs
- Compensation: €66.00k
Angeles Garcia-Poveda (48yo)
Lead Independent Director
- Tenure: 7.3yrs
- Compensation: €105.00k
Annalisa Elia (53yo)
Independent Director
- Tenure: 6.3yrs
- Compensation: €56.00k
Company Information
Legrand SA's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Legrand SA
- Ticker: LR
- Exchange: ENXTPA
- Founded: 1865
- Industry: Electrical Components and Equipment
- Sector: Capital Goods
- Market Cap: €17.499b
- Shares outstanding: 266.51m
- Website: https://www.legrand.com
Number of Employees
Location
- Legrand SA
- 128, avenue du Maréchal de Lattre de Tassigny
- Cedex
- Limoges
- Limousin
- 87045
- France
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| LRC | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Jul 2000 |
| 0MW7 | LSE (London Stock Exchange) | Yes | Ordinary Shares | GB | EUR | Jul 2000 |
| LGRV.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Shares | US | USD | Jul 2000 |
| LR | ENXTPA (Euronext Paris) | Yes | Ordinary Shares | FR | EUR | Jul 2000 |
| LRP | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Ordinary Shares | GB | EUR | Jul 2000 |
| LR | WBAG (Wiener Boerse AG) | Yes | Ordinary Shares | AT | EUR | Jul 2000 |
| LR N | BMV (Bolsa Mexicana de Valores) | Yes | Ordinary Shares | MX | MXN | Jul 2000 |
| LGRD.Y | OTCPK (Pink Sheets LLC) | UNSPONSORED ADR | US | USD | Oct 2014 |
Biography
Legrand SA, together with its subsidiaries, provides electrical and digital building infrastructures worldwide. The company offers a range of products and solutions that connect buildings to energy, data, ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/09/21 21:07 |
| End of Day Share Price | 2019/09/20 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
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.