Linedata Services
Market Cap
€172.8m
Last Updated
2020/06/04 08:21 UTC
Data Sources
Company Financials +
Executive Summary
Linedata Services S.A. provides technology solutions for asset management and credit industries in France and internationally.
Rewards
Risk Analysis
Snowflake Analysis
6 star dividend payer and undervalued.
Similar Companies
Share Price & News
How has Linedata Services's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: LIN's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
-1.5%
LIN
1.7%
FR Software
4.7%
FR Market
1 Year Return
-6.5%
LIN
14.5%
FR Software
-3.8%
FR Market
Return vs Industry: LIN underperformed the French Software industry which returned 14.8% over the past year.
Return vs Market: LIN underperformed the French Market which returned -4.4% over the past year.
Shareholder returns
| LIN | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.5% | 1.7% | 4.7% |
| 30 Day | 8.8% | 12.5% | 12.1% |
| 90 Day | 4.4% | 8.6% | -1.8% |
| 1 Year | -1.6%-6.5% | 15.1%14.5% | -2.1%-3.8% |
| 3 Year | -43.6%-50.0% | 71.8%68.4% | 8.8%0.05% |
| 5 Year | 25.9%-2.6% | 120.9%113.5% | 26.5%10.3% |
Price Volatility Vs. Market
How volatile is Linedata Services's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Is There An Opportunity With Linedata Services S.A.'s (EPA:LIN) 36% Undervaluation?2 weeks ago | Simply Wall St
Here's What We Think About Linedata Services S.A.'s (EPA:LIN) CEO Pay1 month ago | Simply Wall St
Did Changing Sentiment Drive Linedata Services' (EPA:LIN) Share Price Down A Worrying 51%?Valuation
Is Linedata Services undervalued compared to its fair value and its price relative to the market?
36.1%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: LIN (€26) is trading below our estimate of fair value (€40.72)
Significantly Below Fair Value: LIN is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: LIN is good value based on its PE Ratio (9.9x) compared to the Software industry average (28.8x).
PE vs Market: LIN is good value based on its PE Ratio (9.9x) compared to the French market (15x).
Price to Earnings Growth Ratio
PEG Ratio: LIN is poor value based on its PEG Ratio (6.1x)
Price to Book Ratio
PB vs Industry: LIN is good value based on its PB Ratio (1.4x) compared to the FR Software industry average (2.1x).
Next Steps
Future Growth
How is Linedata Services forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
1.6%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: LIN's forecast earnings growth (1.6% per year) is above the savings rate (0.6%).
Earnings vs Market: LIN's earnings (1.6% per year) are forecast to grow slower than the French market (13.3% per year).
High Growth Earnings: LIN's earnings are forecast to grow, but not significantly.
Revenue vs Market: LIN's revenue is expected to decline over the next 3 years (-0.6% per year).
High Growth Revenue: LIN's revenue is forecast to decline over the next 3 years (-0.6% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: LIN's Return on Equity is forecast to be low in 3 years time (12.5%).
Next Steps
Past Performance
How has Linedata Services performed over the past 5 years?
-2.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: LIN has high quality earnings.
Growing Profit Margin: LIN's current net profit margins (10.3%) are lower than last year (11.3%).
Past Earnings Growth Analysis
Earnings Trend: LIN's earnings have declined by -2.2% per year over the past 5 years.
Accelerating Growth: LIN's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: LIN had negative earnings growth (-11.2%) over the past year, making it difficult to compare to the Software industry average (-3.8%).
Return on Equity
High ROE: LIN's Return on Equity (14.7%) is considered low.
Next Steps
Financial Health
How is Linedata Services's financial position?
Financial Position Analysis
Short Term Liabilities: LIN's short term assets (€67.2M) do not cover its short term liabilities (€73.8M).
Long Term Liabilities: LIN's short term assets (€67.2M) do not cover its long term liabilities (€100.9M).
Debt to Equity History and Analysis
Debt Level: LIN's debt to equity ratio (71.6%) is considered high.
Reducing Debt: LIN's debt to equity ratio has increased from 55.2% to 71.6% over the past 5 years.
Debt Coverage: LIN's debt is well covered by operating cash flow (42%).
Interest Coverage: LIN's interest payments on its debt are well covered by EBIT (10.6x coverage).
Balance Sheet
Next Steps
Dividend
What is Linedata Services's current dividend yield, its reliability and sustainability?
5.38%
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: LIN's dividend (5.38%) is higher than the bottom 25% of dividend payers in the French market (1.66%).
High Dividend: LIN's dividend (5.38%) is in the top 25% of dividend payers in the French market (4.93%)
Stability and Growth of Payments
Stable Dividend: LIN's dividends per share have been stable in the past 10 years.
Growing Dividend: LIN's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (53.1%), LIN's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: LIN's dividends in 3 years are forecast to be covered by earnings (56.6% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
4.3yrs
Average management tenure
CEO
Anvaraly Jiva (67yo)
no data
Tenure
€865,000
Compensation
Mr. Anvaraly Jiva is the Founder, Chairman, Chief Executive Officer and Chairman of the Executive Board at Linedata Services S.A. He Joined the GSI group in 1978 and led the top management team of GSI Divi ...
CEO Compensation Analysis
Compensation vs Market: Anvaraly's total compensation ($USD971.47K) is above average for companies of similar size in the French market ($USD443.82K).
Compensation vs Earnings: Anvaraly's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | no data | €865.00k | 55.94% €96.7m | |
| Deputy Managing Director of Business Development | no data | €402.00k | 0.36% €627.5k | |
| Group CFO & Co-Head of the Asset Management | 1.75yrs | no data | no data | |
| Chief Technology Officer | 9.42yrs | no data | no data | |
| Chief People Officer & HR Director | no data | no data | no data | |
| General Director and Head of AGF Epargne Salariale | no data | no data | no data | |
| Head of Fund Services | 4.33yrs | no data | no data | |
| Head of Lending & Leasing Business Lines | no data | no data | no data | |
| Chief Technology Officer Of Tt International | no data | no data | no data | |
| Regional Managing Director of Employee Savings - Southern Europe | no data | no data | no data |
4.3yrs
Average Tenure
Experienced Management: LIN's management team is considered experienced (4.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | no data | €865.00k | 55.94% €96.7m | |
| Director | 3.08yrs | €32.50k | 0.0075% €13.0k | |
| Director | no data | €22.50k | 0.023% €40.3k | |
| Director | 3.08yrs | €22.50k | 0.0015% €2.6k | |
| Director | 3.08yrs | €32.50k | 0.0075% €13.0k |
3.1yrs
Average Tenure
61.5yo
Average Age
Experienced Board: LIN's board of directors are considered experienced (3.1 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
Linedata Services S.A.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Linedata Services S.A.
- Ticker: LIN
- Exchange: ENXTPA
- Founded: 1998
- Industry: Application Software
- Sector: Software
- Market Cap: €172.825m
- Shares outstanding: 6.65m
- Website: https://www.linedata.com
Number of Employees
Location
- Linedata Services S.A.
- 27 Rue d’Orléans
- Neuilly-sur-seine
- Ile-de-France
- 92200
- France
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| LIN | ENXTPA (Euronext Paris) | Yes | Class A Shares | FR | EUR | May 2000 |
| LN4 | DB (Deutsche Boerse AG) | Yes | Class A Shares | DE | EUR | May 2000 |
| 0F2S | LSE (London Stock Exchange) | Yes | Class A Shares | GB | EUR | May 2000 |
| LINP | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Class A Shares | GB | EUR | May 2000 |
Biography
Linedata Services S.A. provides technology solutions for asset management and credit industries in France and internationally. The company offers solutions for lending and leasing industry, such as commercial lending, and mortgage and syndicated loans, as well as for automotive, consumer, and equipment finance; and personal insurance industry for contingency insurance and pensions. It also offers solutions for advisory and software development, and cloud and support, as well as research, middle office, and risk; and technology, such as Linedata Private Cloud, an end-to-end private cloud solution, enabling clients to run Linedata products in a secure private cloud infrastructure, as well as for security and mobility. Linedata Services S.A. was founded in 1998 and is headquartered in Neuilly-sur-seine, France.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/06/04 08:21 |
| End of Day Share Price | 2020/06/03 00:00 |
| Earnings | 2019/12/31 |
| Annual Earnings | 2019/12/31 |
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.