ENXTPA:LOUP

Stock Analysis Report

Executive Summary

L.D.C. S.A. produces, sells, and exports poultry products in France, Poland, Spain, and internationally.

Snowflake

Fundamentals

Excellent balance sheet average dividend payer.

Share Price & News

How has L.D.C's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-1.8%

LOUP

-8.0%

FR Food

-0.9%

FR Market


1 Year Return

-3.1%

LOUP

9.2%

FR Food

12.5%

FR Market

Return vs Industry: LOUP underperformed the French Food industry which returned 9.2% over the past year.

Return vs Market: LOUP underperformed the French Market which returned 12.5% over the past year.


Shareholder returns

LOUPIndustryMarket
7 Day-1.8%-8.0%-0.9%
30 Day-1.3%-8.6%-0.8%
90 Day3.3%-3.1%-0.5%
1 Year-1.6%-3.1%12.0%9.2%16.3%12.5%
3 Year23.4%18.6%14.6%6.6%43.1%29.1%
5 Year83.4%71.4%46.1%29.8%71.4%45.4%

Price Volatility Vs. Market

How volatile is L.D.C's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is L.D.C undervalued compared to its fair value and its price relative to the market?

33.1%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: LOUP (€111) is trading below our estimate of fair value (€166.01)

Significantly Below Fair Value: LOUP is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: LOUP is good value based on its PE Ratio (12.7x) compared to the Food industry average (16.6x).

PE vs Market: LOUP is good value based on its PE Ratio (12.7x) compared to the French market (17.3x).


Price to Earnings Growth Ratio

PEG Ratio: LOUP is poor value based on its PEG Ratio (1.9x)


Price to Book Ratio

PB vs Industry: LOUP is overvalued based on its PB Ratio (1.5x) compared to the FR Food industry average (1.1x).


Next Steps

Future Growth

How is L.D.C forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

6.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: LOUP's forecast earnings growth (6.8% per year) is above the savings rate (0.7%).

Earnings vs Market: LOUP's earnings (6.8% per year) are forecast to grow slower than the French market (11.4% per year).

High Growth Earnings: LOUP's earnings are forecast to grow, but not significantly.

Revenue vs Market: LOUP's revenue (3.5% per year) is forecast to grow slower than the French market (4.4% per year).

High Growth Revenue: LOUP's revenue (3.5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: LOUP's Return on Equity is forecast to be low in 3 years time (10.5%).


Next Steps

Past Performance

How has L.D.C performed over the past 5 years?

11.2%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: LOUP's earnings have grown by 11.2% per year over the past 5 years.

Accelerating Growth: LOUP's earnings growth over the past year (5.6%) is below its 5-year average (11.2% per year).

Earnings vs Industry: LOUP earnings growth over the past year (5.6%) exceeded the Food industry -17.3%.


Return on Equity

High ROE: LOUP's Return on Equity (11.4%) is considered low.


Return on Assets

ROA vs Industry: LOUP has a higher Return on Assets than the Food industry average last year.


Return on Capital Employed

ROCE Improving: LOUP's Return on Capital Employed has declined over the past 3 years.


Next Steps

Financial Health

How is L.D.C's financial position?


Financial Position Analysis

Short Term Liabilities: LOUP's short term assets (€1.6B) exceeds its short term liabilities (€1.0B)

Long Term Liabilities: LOUP's short term assets (1.6B) exceeds its long term liabilities (406.4M)


Debt to Equity History and Analysis

Debt Level: LOUP's debt to equity ratio (37.5%) is considered satisfactory

Reducing Debt: LOUP's debt to equity ratio has increased from 19.7% to 37.5% over the past 5 years.

Debt Coverage: LOUP's debt is well covered by operating cash flow (47.2%).

Interest Coverage: LOUP earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet

Inventory Level: LOUP has a high level of physical assets or inventory.

Debt Coverage by Assets: LOUP's debt is covered by short term assets (assets are 3.219770x debt).


Next Steps

Dividend

What is L.D.C's current dividend yield, its reliability and sustainability?

1.44%

Current Dividend Yield


Dividend Yield vs Market

company1.4%marketbottom25%1.5%markettop25%4.7%industryaverage2.5%forecastin3Years1.6%

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: LOUP's dividend (1.44%) isn’t notable compared to the bottom 25% of dividend payers in the French market (1.55%).

High Dividend: LOUP's dividend (1.44%) is low compared to the top 25% of dividend payers in the French market (4.71%).

Stable Dividend: LOUP's dividends per share have been stable in the past 10 years.

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


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (18.3%), LOUP's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: LOUP's dividends in 3 years are forecast to be well covered by earnings (18.2% payout ratio).


Next Steps

Management

What is the CEO of L.D.C's salary, the management and board of directors tenure and is there insider trading?

8.8yrs

Average board tenure


CEO

L.D.C has no CEO, or we have no data on them.


Board Age and Tenure

8.8yrs

Average Tenure

Experienced Board: LOUP's board of directors are considered experienced (8.8 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • Denis Lambert

    Chairman of the Executive Board

    • Tenure: 0yrs
    • Compensation: €380.80k
  • Christophe Lambert

    Head of Sales and Member of the Executive Board

    • Tenure: 0yrs
    • Compensation: €239.98k
  • Gilles Huttepain

    Head of Upstream & International Division and Member of the Executive Board

    • Tenure: 0yrs
    • Compensation: €277.31k
  • Thierry Chancereul

    Head of Industry & Environment and Member of the Executive Board

    • Tenure: 0yrs
    • Compensation: €231.70k
  • Thierry Lambert

    Head of Logistics Department and Member of the Executive Board

    • Tenure: 0yrs
    • Compensation: €184.14k
  • Philippe Gelin

    Head of Delicatessen Division

    • Tenure: 0yrs
    • Compensation: €303.06k
  • Caroline Huttepain Peltier

    Head of Prevention Department and Member of the Supervisory Board

    • Tenure: 0yrs
    • Compensation: €3.52k
  • Laurent Raimbault

    Chief Financial Officer

    • Tenure: 0yrs
  • Aurélie Royer

    Head of Environmental Department

    • Tenure: 0yrs
    • Compensation: €2.82k
  • Alain Reynaud

    Head of Technical & Security Department

    • Tenure: 0yrs

Board Members

  • Jean-Paul Sabet (65yo)

    Independent Member of Supervisory Board

    • Tenure: 7.8yrs
    • Compensation: €2.82k
  • Gerard Chancereul

    Chairman of Supervisory Board

    • Tenure: 12.8yrs
    • Compensation: €49.60k
  • Pierre Poujade

    Vice Chairman of Supervisory Board

    • Tenure: 7.8yrs
  • Patrice Chancereul

    Member of Supervisory Board

    • Tenure: 12.8yrs
    • Compensation: €3.52k
  • Jean-Louis Lambert

    Member of Supervisory Board

    • Tenure: 11.8yrs
    • Compensation: €3.00k
  • Stéphanie Lambert Laurent

    Member of Supervisory Board

    • Tenure: 6.2yrs
    • Compensation: €3.52k
  • Jean-Claude Chauvet

    Independent Member of Supervisory Board

    • Tenure: 9.8yrs
  • Alain Allinant

    Member of Supervisory Board

    • Tenure: 7.8yrs
    • Compensation: €2.84k
  • André Delion

    Independent Member of Supervisory Board

    • Tenure: 0yrs
    • Compensation: €4.52k
  • Caroline Huttepain Peltier

    Head of Prevention Department and Member of the Supervisory Board

    • Tenure: 0yrs
    • Compensation: €3.52k

Company Information

L.D.C. S.A.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: L.D.C. S.A.
  • Ticker: LOUP
  • Exchange: ENXTPA
  • Founded: 1968
  • Industry: Packaged Foods and Meats
  • Sector: Food, Beverage & Tobacco
  • Market Cap: €1.896b
  • Shares outstanding: 17.08m
  • Website: https://www.ldc.fr

Number of Employees


Location

  • L.D.C. S.A.
  • Z.I. St Laurent
  • Sablé-sur-Sarthe
  • Pays de la Loire
  • 72302
  • France

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
LOUPENXTPA (Euronext Paris)EUR0.4FREURNo data
LOUPENXTPA (Euronext Paris)YesCommon SharesFREURNov 1995
0RJ6LSE (London Stock Exchange)YesCommon SharesGBEURNov 1995
LOUPPBATS-CHIXE (BATS 'Chi-X Europe')YesCommon SharesGBEURNov 1995

Biography

L.D.C. S.A. produces, sells, and exports poultry products in France, Poland, Spain, and internationally. The company operates in Poultry and Convenience divisions. It is involved in breeding pork, cattle,  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/22 20:45
End of Day Share Price2019/10/22 00:00
Earnings2019/02/28
Annual Earnings2019/02/28


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.