Lectra SA provides technologies for fashion, automotive, and furniture.
Flawless balance sheet with acceptable track record.
Share Price & News
How has Lectra's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: LSS's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: LSS underperformed the French Software industry which returned -9.2% over the past year.
Return vs Market: LSS underperformed the French Market which returned -19.6% over the past year.
Price Volatility Vs. Market
How volatile is Lectra's share price compared to the market and industry in the last 5 years?
Simply Wall St News
10 hours ago | Simply Wall StWe Think Lectra's (EPA:LSS) Statutory Profit Might Understate Its Earnings Potential
1 week ago | Simply Wall StLectra SA (EPA:LSS) Analysts Are Way More Bearish Than They Used To Be
2 weeks ago | Simply Wall StA Sliding Share Price Has Us Looking At Lectra SA's (EPA:LSS) P/E Ratio
Is Lectra 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: LSS (€14.6) is trading below our estimate of fair value (€16.66)
Significantly Below Fair Value: LSS is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: LSS is good value based on its PE Ratio (15.9x) compared to the Software industry average (26.9x).
PE vs Market: LSS is poor value based on its PE Ratio (15.9x) compared to the French market (13.6x).
Price to Earnings Growth Ratio
PEG Ratio: LSS is poor value based on its PEG Ratio (3.6x)
Price to Book Ratio
PB vs Industry: LSS is overvalued based on its PB Ratio (2.6x) compared to the FR Software industry average (2x).
How is Lectra 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: LSS's forecast earnings growth (4.5% per year) is above the savings rate (-0.1%).
Earnings vs Market: LSS's earnings (4.5% per year) are forecast to grow slower than the French market (12.2% per year).
High Growth Earnings: LSS's earnings are forecast to grow, but not significantly.
Revenue vs Market: LSS's revenue (1.8% per year) is forecast to grow slower than the French market (3.5% per year).
High Growth Revenue: LSS's revenue (1.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: LSS's Return on Equity is forecast to be low in 3 years time (14%).
How has Lectra performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: LSS has high quality earnings.
Growing Profit Margin: LSS's current net profit margins (10.5%) are higher than last year (10.2%).
Past Earnings Growth Analysis
Earnings Trend: LSS's earnings have grown by 9.9% per year over the past 5 years.
Accelerating Growth: LSS's earnings growth over the past year (2%) is below its 5-year average (9.9% per year).
Earnings vs Industry: LSS earnings growth over the past year (2%) underperformed the Software industry 2.5%.
Return on Equity
High ROE: LSS's Return on Equity (16%) is considered low.
How is Lectra's financial position?
Financial Position Analysis
Short Term Liabilities: LSS's short term assets (€220.6M) exceed its short term liabilities (€131.6M).
Long Term Liabilities: LSS's short term assets (€220.6M) exceed its long term liabilities (€28.8M).
Debt to Equity History and Analysis
Debt Level: LSS is debt free.
Reducing Debt: LSS has no debt compared to 5 years ago when its debt to equity ratio was 0.4%.
Debt Coverage: LSS has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: LSS has no debt, therefore coverage of interest payments is not a concern.
What is Lectra's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: LSS's dividend (2.74%) is higher than the bottom 25% of dividend payers in the French market (2%).
High Dividend: LSS's dividend (2.74%) is low compared to the top 25% of dividend payers in the French market (6.15%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, LSS has been paying a dividend for less than 10 years.
Growing Dividend: LSS's dividend payments have increased, but the company has only paid a dividend for 9 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (43.6%), LSS's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: LSS's dividends in 3 years are forecast to be well covered by earnings (43.9% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Daniel Harari (64yo)
Mr. Daniel Harari has been the Chief Executive Officer of Lectra SA since May 3, 2002 and has been its Chairman of the Board since July 27, 2017. Mr. Harari has been the Chief Executive Officer of Compagni ...
CEO Compensation Analysis
Compensation vs Market: Daniel's total compensation ($USD788.93K) is above average for companies of similar size in the French market ($USD600.84K).
Compensation vs Earnings: Daniel's compensation has been consistent with company performance over the past year.
|Chairman & CEO||17.92yrs||€724.39k||17.14% €80.4m|
|Executive Vice President||no data||no data||no data|
|President of Americas||1.25yrs||no data||no data|
|Chief Transformation Officer||3.75yrs||no data||no data|
|Chief Financial Officer||2.58yrs||no data||no data|
|General Counsel & Compliance Officer||3.83yrs||no data||no data|
|Chief Marketing & Communications Officer||no data||no data||no data|
|Director of Human Resources||no data||no data||no data|
|President of Southern Europe & North Africa||no data||no data||no data|
|Chief Customer Success Officer||no data||no data||no data|
Experienced Management: LSS's management team is considered experienced (3.8 years average tenure).
|Chairman & CEO||17.92yrs||€724.39k||17.14% €80.4m|
|Independent Director||2.25yrs||€49.00k||0.0016% €7.3k|
|Lead Independent Director||3.25yrs||€52.00k||0.0047% €22.0k|
|Independent Director||8.5yrs||€49.00k||0.0047% €21.9k|
|Independent Director||4yrs||€49.00k||0.0047% €21.9k|
Experienced Board: LSS's board of directors are considered experienced (3.3 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.
Lectra SA's company bio, employee growth, exchange listings and data sources
- Name: Lectra SA
- Ticker: LSS
- Exchange: ENXTPA
- Founded: 1973
- Industry: Application Software
- Sector: Software
- Market Cap: €469.048m
- Shares outstanding: 32.13m
- Website: https://www.lectra.com
Number of Employees
- Lectra SA
- 16-18 rue Chalgrin
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|LSS||ENXTPA (Euronext Paris)||Yes||Ordinary Shares||FR||EUR||Jan 1992|
|0IVJ||LSE (London Stock Exchange)||Yes||Ordinary Shares||GB||EUR||Jan 1992|
|LCTS.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||Jan 1992|
|LET||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Jan 1992|
|LSSP||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Ordinary Shares||GB||EUR||Jan 1992|
Lectra SA provides technologies for fashion, automotive, and furniture. The company’s solutions enable customers to automate and optimize product design, development, and manufacture of garments, shoes, luggage, car seats and interiors, airbags, and sofas; and the management of collections that cover the entire product lifecycle to help companies control calendars, schedules, resources and costs, as well as handling complex relationships with external suppliers, lean cutting room, and fashion design solutions in the fashion and apparel industry. It also offers technical maintenance, support, training, and consulting services; and sells consumables and parts. The company serves fashion and apparel, automotive, and furniture markets, as well as other industries, such as composites, technical textiles, and leather. It operates in Europe, the Americas, the Asia-Pacific, and internationally. Lectra SA was founded in 1973 and is headquartered in Paris, France.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/08 00:06|
|End of Day Share Price||2020/04/07 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.