London Security
Market Cap
UK£282.0m
Last Updated
2021/01/25 19:17 UTC
Data Sources
Company Financials
Executive Summary
London Security plc, an investment holding company, engages in the manufacture, sale, and rental of fire protection equipment in the United Kingdom, Belgium, the Netherlands, Austria, Luxembourg, France, Germany, Denmark, and rest of Europe. More Details
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet and good value.
Share Price & News
How has London Security's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: LSC is less volatile than 75% of UK stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: LSC's weekly volatility (3%) has been stable over the past year.
Market Performance
7 Day Return
-0.9%
LSC
0.4%
GB Machinery
-0.4%
GB Market
1 Year Return
5.5%
LSC
19.4%
GB Machinery
-6.3%
GB Market
Return vs Industry: LSC underperformed the UK Machinery industry which returned 19.4% over the past year.
Return vs Market: LSC exceeded the UK Market which returned -6.3% over the past year.
Shareholder returns
| LSC | Industry | Market | |
|---|---|---|---|
| 7 Day | -0.9% | 0.4% | -0.4% |
| 30 Day | -0.9% | 2.8% | 2.9% |
| 90 Day | 4.5% | 13.7% | 16.3% |
| 1 Year | 8.5%5.5% | 21.2%19.4% | -2.5%-6.3% |
| 3 Year | 21.2%9.5% | 23.0%14.6% | 3.8%-8.9% |
| 5 Year | 32.6%10.8% | 152.8%122.1% | 42.5%14.7% |
Long-Term Price Volatility Vs. Market
How volatile is London Security's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
London Security (LON:LSC) Has Compensated Shareholders With A Respectable 34% Return On Their Investment1 month ago | Simply Wall St
The Trends At London Security (LON:LSC) That You Should Know About1 month ago | Simply Wall St
Is London Security plc (LON:LSC) An Attractive Dividend Stock?Valuation
Is London Security undervalued compared to its fair value and its price relative to the market?
36.4%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: LSC (£23) is trading below our estimate of fair value (£36.15)
Significantly Below Fair Value: LSC is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: LSC is good value based on its PE Ratio (19.5x) compared to the GB Machinery industry average (29.5x).
PE vs Market: LSC is good value based on its PE Ratio (19.5x) compared to the UK market (22.9x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate LSC's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: LSC is overvalued based on its PB Ratio (2.3x) compared to the GB Machinery industry average (1.9x).
Next Steps
Future Growth
How is London Security forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
18.6%
Forecasted Capital Goods industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as London Security has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Next Steps
- Examine whether London Security is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- London Security competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Capital Goods industry.
Past Performance
How has London Security performed over the past 5 years?
6.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: LSC has high quality earnings.
Growing Profit Margin: LSC's current net profit margins (10.1%) are lower than last year (11.6%).
Past Earnings Growth Analysis
Earnings Trend: LSC's earnings have grown by 6.3% per year over the past 5 years.
Accelerating Growth: LSC's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: LSC had negative earnings growth (-13%) over the past year, making it difficult to compare to the Machinery industry average (-13%).
Return on Equity
High ROE: LSC's Return on Equity (11.7%) is considered low.
Next Steps
Financial Health
How is London Security's financial position?
Financial Position Analysis
Short Term Liabilities: LSC's short term assets (£82.1M) exceed its short term liabilities (£34.7M).
Long Term Liabilities: LSC's short term assets (£82.1M) exceed its long term liabilities (£12.1M).
Debt to Equity History and Analysis
Debt Level: LSC's debt to equity ratio (5.2%) is considered satisfactory.
Reducing Debt: LSC's debt to equity ratio has reduced from 15.6% to 5.2% over the past 5 years.
Debt Coverage: LSC's debt is well covered by operating cash flow (387.9%).
Interest Coverage: LSC's interest payments on its debt are well covered by EBIT (122.7x coverage).
Balance Sheet
Next Steps
Dividend
What is London Security current dividend yield, its reliability and sustainability?
2.61%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: LSC's dividend (2.61%) is higher than the bottom 25% of dividend payers in the UK market (1.53%).
High Dividend: LSC's dividend (2.61%) is low compared to the top 25% of dividend payers in the UK market (4.57%).
Stability and Growth of Payments
Stable Dividend: LSC's dividend payments have been volatile in the past 10 years.
Growing Dividend: LSC's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (50.9%), LSC's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
14.2yrs
Average board tenure
CEO
Xavier Mignolet (56 yo)
no data
Tenure
UK£377,007
Compensation
Mr. Xavier Mignolet, HEC-Economics, has been the Managing Director of London Security Plc and served as its Operations Director since August 2, 2006. Mr. Mignolet joined London Security Plc in 1995 and ser...
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | no data | no data | no data | |
| MD & Executive Director | no data | UK£377.01k | no data | |
| Vice Chairman | no data | UK£117.58k | no data | |
| Executive Director | no data | no data | no data | |
| Senior Independent Non-Executive Director | 26.42yrs | UK£24.00k | no data | |
| Non-Executive Director | 13.92yrs | UK£20.00k | no data | |
| Non-Executive Director | 12.42yrs | UK£20.00k | no data |
14.2yrs
Average Tenure
56yo
Average Age
Experienced Board: LSC's board of directors are seasoned and experienced ( 14.2 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
London Security plc's company bio, employee growth, exchange listings and data sources
Key Information
- Name: London Security plc
- Ticker: LSC
- Exchange: AIM
- Founded: 1897
- Industry: Industrial Machinery
- Sector: Capital Goods
- Market Cap: UK£282.014m
- Shares outstanding: 12.26m
- Website: https://www.londonsecurity.org
Number of Employees
Location
- London Security plc
- Premier House
- 2 Jubilee Way
- Elland
- West Yorkshire
- HX5 9DY
- United Kingdom
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| LSC | AIM (London Stock Exchange AIM Market) | Yes | Ordinary Shares | GB | GBP | Dec 1994 |
Biography
London Security plc, an investment holding company, engages in the manufacture, sale, and rental of fire protection equipment in the United Kingdom, Belgium, the Netherlands, Austria, Luxembourg, France, G...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/25 19:17 |
| End of Day Share Price | 2021/01/22 00:00 |
| Earnings | 2020/06/30 |
| 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.