BIT:LR

Stock Analysis Report

Executive Summary

Landi Renzo S.p.A. designs, produces, installs, and sells LPG and CNG fuel supply systems in Italy, Europe, America, Asia, and Rest of the World.

Snowflake

Fundamentals

Acceptable track record with mediocre balance sheet.

Risks

  • Landi Renzo is covered by less than 3 analysts.

Similar Companies

Share Price & News

How has Landi Renzo's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0.2%

BIT:LR

9.0%

IT Auto Components

1.0%

IT Market


1 Year Return

-30.2%

BIT:LR

-18.3%

IT Auto Components

2.1%

IT Market

LR underperformed the Auto Components industry which returned -18.3% over the past year.

LR underperformed the Market in Italy which returned 2.1% over the past year.


Share holder returns

LRIndustryMarket
7 Day0.2%9.0%1.0%
30 Day7.2%20.6%7.0%
90 Day-4.5%4.0%4.5%
1 Year-30.2%-30.2%-16.1%-18.3%6.5%2.1%
3 Year119.9%119.9%-8.5%-15.9%33.0%14.9%
5 Year-8.2%-8.2%15.6%2.5%12.6%-31.8%

Price Volatility Vs. Market

How volatile is Landi Renzo's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Landi Renzo undervalued based on future cash flows and its price relative to the stock market?

19.66x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Landi Renzo's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

Landi Renzo's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

Landi Renzo is good value based on earnings compared to the IT Auto Components industry average.

Landi Renzo is overvalued based on earnings compared to the Italy market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Landi Renzo, we can't assess if its growth is good value.


Price Based on Value of Assets

Landi Renzo is overvalued based on assets compared to the IT Auto Components industry average.


Next Steps

Future Growth

How is Landi Renzo expected to perform in the next 1 to 3 years based on estimates from 2 analysts?

3.4%

Forecasted annual revenue growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Landi Renzo's revenue is expected to grow by 3.4% yearly, however this is not considered high growth (20% yearly).

Unable to determine if Landi Renzo is high growth as no earnings estimate data is available.

Landi Renzo's revenue growth is expected to exceed the Italy market average.

Unable to compare Landi Renzo's earnings growth to the Italy market average as no estimate data is available.

Unable to compare Landi Renzo's earnings growth to the low risk savings rate as no estimate data is available.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Landi Renzo will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Landi Renzo performed over the past 5 years?

28.7%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Landi Renzo has delivered over 20% year on year earnings growth in the past 5 years.

Landi Renzo's 1-year earnings growth is negative, it can't be compared to the 5-year average.

Landi Renzo's 1-year earnings growth is negative, it can't be compared to the Europe Auto Components industry average.


Return on Equity

Landi Renzo has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Landi Renzo used its assets more efficiently than the IT Auto Components industry average last year based on Return on Assets.


Return on Capital Employed

Landi Renzo has become profitable over the past 3 years. This is considered to be a significant improvement in its use of capital (Return on Capital Employed).


Next Steps

Financial Health

How is Landi Renzo's financial position?


Financial Position Analysis

Landi Renzo is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Landi Renzo's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Landi Renzo's level of debt (170.8%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has increased over the past 5 years (72.6% vs 170.8% today).

Debt is not well covered by operating cash flow (8.2%, less than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 4.4x coverage).


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 1.3x debt.


Next Steps

Dividend

What is Landi Renzo's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate Landi Renzo's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Landi Renzo's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Landi Renzo has not reported any payouts.

Unable to verify if Landi Renzo's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Landi Renzo has not reported any payouts.


Future Payout to Shareholders

No need to calculate the sustainability of Landi Renzo's dividends in 3 years as they are not expected to pay a notable one for Italy.


Next Steps

Management

What is the CEO of Landi Renzo's salary, the management and board of directors tenure and is there insider trading?

3.2yrs

Average board tenure


CEO

Cristiano Musi (45yo)

2.4yrs

Tenure

0

Mr. Cristiano Musi has been Chief Executive Officer of Landi Renzo S.p.A. since Aptil 28, 2017. Mr. Musi served as General Manager of Landi Renzo S.p.A. since December 12, 2016 until July 27, 2017. Mr. Mus ...


Board Age and Tenure

3.2yrs

Average Tenure

59yo

Average Age

The tenure for the Landi Renzo board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Stefano Landi (61yo)

    Executive Chairman

    • Tenure: 6.4yrs
    • Compensation: €310.75k
  • Paolo Fererro

    VP of Business Development & CTO

    • Tenure: 0yrs
  • Paolo Cilloni (55yo)

    Chief Financial Officer

    • Tenure: 0yrs
    • Compensation: €161.08k
  • Cristiano Musi (45yo)

    CEO & Director

    • Tenure: 2.4yrs

Board Members

  • Giovannina Domenichini (85yo)

    Honorary Chairperson

    • Tenure: 9.4yrs
    • Compensation: €18.50k
  • Stefano Landi (61yo)

    Executive Chairman

    • Tenure: 6.4yrs
    • Compensation: €310.75k
  • Silvia Landi (59yo)

    Director

    • Tenure: 3.2yrs
  • Angelo Iori (65yo)

    Director

    • Tenure: 3.2yrs
  • Anton Karl (43yo)

    Independent Director

    • Tenure: 3.2yrs
  • Sara Fornasiero (51yo)

    Lead Independent Director

    • Tenure: 3.4yrs
  • Cristiano Musi (45yo)

    CEO & Director

    • Tenure: 2.4yrs
  • Vincenzo Russi

    Independent Director

    • Tenure: 0.4yrs
  • Paolo Emanuele Maria Ferrero

    Director

    • Tenure: 0.4yrs
  • Fabio Zucchetti

    Chairman of the Board of Statutory Auditors

    • Tenure: 0.4yrs

Company Information

Landi Renzo S.p.A.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Landi Renzo S.p.A.
  • Ticker: LR
  • Exchange: BIT
  • Founded: 1954
  • Industry: Auto Parts and Equipment
  • Sector: Automobiles
  • Market Cap: €114.525m
  • Shares outstanding: 112.50m
  • Website: https://www.landirenzogroup.com

Number of Employees


Location

  • Landi Renzo S.p.A.
  • Via Nobel 2/4/6
  • Corte Tegge
  • Cavriago
  • Reggio Emilia
  • 42025
  • Italy

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
LRBIT (Borsa Italiana)YesCommon StockITEURJun 2007
ARQDB (Deutsche Boerse AG)YesCommon StockDEEURJun 2007
0ND3LSE (London Stock Exchange)YesCommon StockGBEURJun 2007
LRMBATS-CHIXE (BATS 'Chi-X Europe')YesCommon StockGBEURJun 2007

Biography

Landi Renzo S.p.A. designs, produces, installs, and sells LPG and CNG fuel supply systems in Italy, Europe, America, Asia, and Rest of the World. The company offers LPG and CNG alternative fuel systems for ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/15 21:20
End of Day Share Price2019/09/13 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.