Laurent-Perrier S.A. produces and sells champagnes and wines in France.
Adequate balance sheet with proven track record and pays a dividend.
Share Price & News
How has Laurent-Perrier's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: LPE has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: LPE underperformed the French Beverage industry which returned -14.1% over the past year.
Return vs Market: LPE underperformed the French Market which returned -10.7% over the past year.
Price Volatility Vs. Market
How volatile is Laurent-Perrier's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall StShould You Like Laurent-Perrier S.A.’s (EPA:LPE) High Return On Capital Employed?
1 month ago | Simply Wall StIs Laurent-Perrier S.A.'s (EPA:LPE) Stock Price Struggling As A Result Of Its Mixed Financials?
1 month ago | Simply Wall StLaurent-Perrier (EPA:LPE) Has A Somewhat Strained Balance Sheet
Is Laurent-Perrier 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: LPE (€76.4) is trading below our estimate of fair value (€125.57)
Significantly Below Fair Value: LPE is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: LPE is good value based on its PE Ratio (19.2x) compared to the Beverage industry average (23.1x).
PE vs Market: LPE is poor value based on its PE Ratio (19.2x) compared to the French market (15x).
Price to Earnings Growth Ratio
PEG Ratio: LPE's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: LPE is overvalued based on its PB Ratio (1.1x) compared to the FR Beverage industry average (0.7x).
How is Laurent-Perrier forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: LPE's earnings are forecast to decline over the next 3 years (-13.3% per year).
Earnings vs Market: LPE's earnings are forecast to decline over the next 3 years (-13.3% per year).
High Growth Earnings: LPE's earnings are forecast to decline over the next 3 years.
Revenue vs Market: LPE's revenue is expected to decline over the next 3 years (-2.8% per year).
High Growth Revenue: LPE's revenue is forecast to decline over the next 3 years (-2.8% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: LPE's Return on Equity is forecast to be low in 3 years time (4.4%).
How has Laurent-Perrier performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: LPE has high quality earnings.
Growing Profit Margin: LPE's current net profit margins (9.5%) are higher than last year (9.4%).
Past Earnings Growth Analysis
Earnings Trend: LPE's earnings have declined by -1.4% per year over the past 5 years.
Accelerating Growth: LPE's earnings growth over the past year (1.9%) exceeds its 5-year average (-1.4% per year).
Earnings vs Industry: LPE earnings growth over the past year (1.9%) exceeded the Beverage industry -15.4%.
Return on Equity
High ROE: LPE's Return on Equity (5.6%) is considered low.
How is Laurent-Perrier's financial position?
Financial Position Analysis
Short Term Liabilities: LPE's short term assets (€723.0M) exceed its short term liabilities (€144.5M).
Long Term Liabilities: LPE's short term assets (€723.0M) exceed its long term liabilities (€411.7M).
Debt to Equity History and Analysis
Debt Level: LPE's debt to equity ratio (84.5%) is considered high.
Reducing Debt: LPE's debt to equity ratio has reduced from 97.5% to 84.5% over the past 5 years.
Debt Coverage: LPE's debt is not well covered by operating cash flow (1%).
Interest Coverage: LPE's interest payments on its debt are well covered by EBIT (6.1x coverage).
What is Laurent-Perrier current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: LPE's dividend (1.51%) isn’t notable compared to the bottom 25% of dividend payers in the French market (1.71%).
High Dividend: LPE's dividend (1.51%) is low compared to the top 25% of dividend payers in the French market (4.88%).
Stability and Growth of Payments
Stable Dividend: LPE's dividends per share have been stable in the past 10 years.
Growing Dividend: LPE's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (28.9%), LPE's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: LPE's dividends in 3 years are forecast to be well covered by earnings (37.5% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Alexandra Pereyre de Nonancourt
Ms. Alexandra Pereyre de Nonancourt has been General Manager and Member of Management Board at Groupe Laurent-perrier since May 10, 1999 and serves as its Chief Executive Officer.
CEO Compensation Analysis
Compensation vs Market: Alexandra's total compensation ($USD176.51K) is below average for companies of similar size in the French market ($USD689.22K).
Compensation vs Earnings: Alexandra's compensation has been consistent with company performance over the past year.
|Chairman of Laurent-Perrier Development||no data||€266.37k||no data|
|Independent Member of Supervisory Board||17yrs||€17.70k||no data|
|Member of the Supervisory Board||20.75yrs||€17.70k||no data|
|Member of the Supervisory Board||25.58yrs||€17.70k||no data|
|Member of The Supervisory Board||24yrs||€17.70k||no data|
|Independent Deputy Chairman of the Supervisory Board||4.58yrs||€17.70k||no data|
|Independent Chairman of the Supervisory Board||15yrs||€146.50k||no data|
|Independent Member of Supervisory Board||7yrs||€17.70k||no data|
|Independent Member of Supervisory Board||4.67yrs||€17.70k||no data|
|Independent Member of Supervisory Board||4yrs||€17.70k||no data|
Experienced Board: LPE's board of directors are seasoned and experienced ( 15 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.
Laurent-Perrier S.A.'s company bio, employee growth, exchange listings and data sources
- Name: Laurent-Perrier S.A.
- Ticker: LPE
- Exchange: ENXTPA
- Founded: 1812
- Industry: Distillers and Vintners
- Sector: Food, Beverage & Tobacco
- Market Cap: €452.331m
- Shares outstanding: 5.92m
- Website: https://www.laurent-perrier.com
Number of Employees
- Laurent-Perrier S.A.
- 32, avenue de Champagne
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|LPRR.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||Jun 1999|
|LPE||ENXTPA (Euronext Paris)||Yes||Ordinary Shares||FR||EUR||Jun 1999|
|0MV6||LSE (London Stock Exchange)||Yes||Ordinary Shares||GB||EUR||Jun 1999|
|LPE||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Jun 1999|
|LPEP||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Ordinary Shares||GB||EUR||Jun 1999|
Laurent-Perrier S.A. produces and sells champagnes and wines in France. The company sells its products under the ULTRA BRUT, LA CUVÉE, BRUT MILLÉSIMÉ, GRAND SIÈCLE, CUVÉE ROSÉ, ALEXANDRA ROSÉ, and HARMON names. The company sells its products through specialized distribution channels, such as cafés, hotels and restaurants, wine merchants, and direct sales. It also exports its products to approximately 130 countries worldwide. Laurent-Perrier S.A. was founded in 1812 and is based in Tours-sur-Marne, France.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/07/02 20:59|
|End of Day Share Price||2020/07/02 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.