| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 1/6 |
| Past Performance | 4/6 |
| Financial Health | 3/6 |
| Dividends | 5/6 |
LR Overview
Legrand SA, together with its subsidiaries, provides electrical and digital building infrastructures worldwide.
Legrand Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | €93.64 |
| 52 Week High | €62.60 |
| 52 Week Low | €99.72 |
| Beta | 0.90 |
| 1 Month Change | -3.62% |
| 3 Month Change | 4.39% |
| 1 Year Change | 40.05% |
| 3 Year Change | 48.64% |
| 5 Year Change | 78.50% |
| Change since IPO | 303.27% |
Recent News & Updates
Is Legrand SA (EPA:LR) Potentially Undervalued?
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Estimating The Fair Value Of Legrand SA (EPA:LR)
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The Returns At Legrand (EPA:LR) Aren't Growing
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We Think Legrand (EPA:LR) Can Stay On Top Of Its Debt
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Shareholder Returns
| LR | FR Electrical | FR Market | |
|---|---|---|---|
| 7D | -0.6% | -2.3% | 0.03% |
| 1Y | 40.1% | 46.0% | 39.2% |
Return vs Industry: LR matched the French Electrical industry which returned 46% over the past year.
Return vs Market: LR exceeded the French Market which returned 39.2% over the past year.
Price Volatility
| LR volatility | |
|---|---|
| LR Beta | 0.90 |
| Industry Beta | 0.89 |
| Market Beta | 1 |
Stable Share Price: LR is less volatile than 75% of French stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: LR's weekly volatility (2%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1865 | 37,473 | Benoît Coquart | https://www.legrandgroup.com |
Legrand SA, together with its subsidiaries, provides electrical and digital building infrastructures worldwide. The company offers MCBs, RCDs, and din rail equipment, including residual current circuit breakers, RCBOs, add-on modules and accessories, surge protective and control and signaling devices, time and light sensitive switches, as well as dimmers, relays, transformers, power supplies, and accessories; ACBs, MCCBs, head equipment, and power factor correction products; enclosures and accessories; equipment and accessories; home network, home automation, and hotel equipment; wiring accessories; weatherproof wiring accessories and other installation equipment; lighting management, emergency lighting, access control, and safety equipment; UPS and LCS products, cable management systems, equipment, and accessories; and mosaic wiring accessories. Its products are used in hotels, offices, data centers, industrial sites, shops, hospitals, schools, and universities, as well as residential, commercial, and industrial buildings.
Legrand Fundamentals Summary
| LR fundamental statistics | |
|---|---|
| Market Cap | €24.98b |
| Earnings (TTM) | €876.80m |
| Revenue (TTM) | €6.72b |
28.5x
P/E Ratio3.7x
P/S RatioIs LR overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| LR income statement (TTM) | |
|---|---|
| Revenue | €6.72b |
| Cost of Revenue | €3.19b |
| Gross Profit | €3.53b |
| Expenses | €2.65b |
| Earnings | €876.80m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
Nov 04, 2021
| Earnings per share (EPS) | 3.29 |
| Gross Margin | 52.50% |
| Net Profit Margin | 13.05% |
| Debt/Equity Ratio | 102.6% |
How did LR perform over the long term?
See historical performance and comparisonDividends
1.5%
Current Dividend Yield43%
Payout RatioValuation
Is Legrand undervalued compared to its fair value and its price relative to the market?
28.49x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: LR (€94.24) is trading above our estimate of fair value (€86.87)
Significantly Below Fair Value: LR is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: LR is poor value based on its PE Ratio (28.7x) compared to the French Electrical industry average (25x).
PE vs Market: LR is poor value based on its PE Ratio (28.7x) compared to the French market (21.2x).
Price to Earnings Growth Ratio
PEG Ratio: LR is poor value based on its PEG Ratio (4x)
Price to Book Ratio
PB vs Industry: LR is overvalued based on its PB Ratio (4.9x) compared to the FR Electrical industry average (4x).
Future Growth
How is Legrand forecast to perform in the next 1 to 3 years based on estimates from 19 analysts?
7.2%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: LR's forecast earnings growth (7.2% per year) is above the savings rate (0.4%).
Earnings vs Market: LR's earnings (7.2% per year) are forecast to grow slower than the French market (12.1% per year).
High Growth Earnings: LR's earnings are forecast to grow, but not significantly.
Revenue vs Market: LR's revenue (6% per year) is forecast to grow slower than the French market (6.3% per year).
High Growth Revenue: LR's revenue (6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: LR's Return on Equity is forecast to be low in 3 years time (16.9%).
Past Performance
How has Legrand performed over the past 5 years?
5.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: LR has high quality earnings.
Growing Profit Margin: LR's current net profit margins (13%) are higher than last year (11.3%).
Past Earnings Growth Analysis
Earnings Trend: LR's earnings have grown by 5.3% per year over the past 5 years.
Accelerating Growth: LR's earnings growth over the past year (24.3%) exceeds its 5-year average (5.3% per year).
Earnings vs Industry: LR earnings growth over the past year (24.3%) underperformed the Electrical industry 44.8%.
Return on Equity
High ROE: LR's Return on Equity (17.2%) is considered low.
Financial Health
How is Legrand's financial position?
Financial Position Analysis
Short Term Liabilities: LR's short term assets (€5.0B) exceed its short term liabilities (€3.3B).
Long Term Liabilities: LR's short term assets (€5.0B) do not cover its long term liabilities (€5.1B).
Debt to Equity History and Analysis
Debt Level: LR's debt to equity ratio (102.6%) is considered high.
Reducing Debt: LR's debt to equity ratio has increased from 51.1% to 102.6% over the past 5 years.
Debt Coverage: LR's debt is well covered by operating cash flow (28.7%).
Interest Coverage: LR's interest payments on its debt are well covered by EBIT (14.6x coverage).
Balance Sheet
Dividend
What is Legrand current dividend yield, its reliability and sustainability?
1.52%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: LR's dividend (1.51%) is higher than the bottom 25% of dividend payers in the French market (1.28%).
High Dividend: LR's dividend (1.51%) is low compared to the top 25% of dividend payers in the French market (3.98%).
Stability and Growth of Payments
Stable Dividend: LR's dividends per share have been stable in the past 10 years.
Growing Dividend: LR's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (43.3%), LR's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: LR's dividends in 3 years are forecast to be well covered by earnings (44.6% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.7yrs
Average management tenure
CEO
Benoît Coquart (48 yo)
3.58yrs
Tenure
€1,740,822
Compensation
Mr. Benoît Coquart has been the Chief Executive Officer at Legrand SA since February 08, 2018. Mr. Coquart is responsible for the general management of Legrand. Mr. Coquart served as an Executive Vice Pres...
CEO Compensation Analysis
Compensation vs Market: Benoît's total compensation ($USD2.04M) is below average for companies of similar size in the French market ($USD3.33M).
Compensation vs Earnings: Benoît's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: LR's management team is considered experienced (2.7 years average tenure).
Board Members
Experienced Board: LR's board of directors are considered experienced (6.8 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.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Legrand SA's 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: €24.979b
- Shares outstanding: 266.76m
- Website: https://www.legrandgroup.com
Number of Employees
Location
- Legrand SA
- 128, Avenue de Lattre de Tassigny
- Cedex
- Limoges
- Limousin
- 87045
- France
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/09/27 21:18 |
| End of Day Share Price | 2021/09/27 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2020/12/31 |
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.