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Landi Renzo

BIT:LR
Snowflake Description

Proven track record with reasonable growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
LR
BIT
€116M
Market Cap
  1. Home
  2. IT
  3. Automobiles
Company description

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 last earnings update was 69 days ago. More info.


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LR Share Price and Events
7 Day Returns
-6.7%
BIT:LR
-6.6%
IT Auto Components
-2.4%
IT Market
1 Year Returns
-24.6%
BIT:LR
-24.3%
IT Auto Components
-2.4%
IT Market
LR Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Landi Renzo (LR) -6.7% -7.4% -14.9% -24.6% 121.1% -12.9%
IT Auto Components -6.6% -5.3% -18.2% -24.3% -16.6% -5.2%
IT Market -2.4% 0.4% -2.2% -2.4% 6.8% -33.9%
1 Year Return vs Industry and Market
  • LR matched the Auto Components industry (-24.3%) over the past year.
  • LR underperformed the Market in Italy which returned -2.4% over the past year.
Price Volatility
LR
Industry
5yr Volatility vs Market

Value

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

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Landi Renzo to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Landi Renzo.

BIT:LR Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 2 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 17.7%
Perpetual Growth Rate 10-Year IT Government Bond Rate 2.9%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for BIT:LR
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year IT Govt Bond Rate 2.9%
Equity Risk Premium S&P Global 9%
Auto Components Unlevered Beta Simply Wall St/ S&P Global 1.27
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.269 (1 + (1- 24%) (70.31%))
1.635
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.63
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.93% + (1.635 * 9.02%)
17.68%

Discounted Cash Flow Calculation for BIT:LR using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Landi Renzo is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

BIT:LR DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (EUR, Millions) Source Present Value
Discounted (@ 17.68%)
2020 11.00 Analyst x1 9.35
2021 12.00 Analyst x1 8.66
2022 12.84 Est @ 6.97% 7.88
2023 13.58 Est @ 5.76% 7.08
2024 14.24 Est @ 4.91% 6.31
2025 14.86 Est @ 4.32% 5.59
2026 15.44 Est @ 3.9% 4.94
2027 16.00 Est @ 3.61% 4.35
2028 16.54 Est @ 3.41% 3.82
2029 17.08 Est @ 3.27% 3.35
Present value of next 10 years cash flows €61.33
BIT:LR DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= €17.08 × (1 + 2.93%) ÷ (17.68% – 2.93%)
€119.23
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= €119.23 ÷ (1 + 17.68%)10
€23.40
BIT:LR Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= €61.33 + €23.40
€84.74
Equity Value per Share
(EUR)
= Total value / Shares Outstanding
= €84.74 / 112.50
€0.75
BIT:LR Discount to Share Price
Calculation Result
Value per share (EUR) From above. €0.75
Current discount Discount to share price of €1.03
= -1 x (€1.03 - €0.75) / €0.75
-36.5%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Landi Renzo is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Landi Renzo's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Landi Renzo's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BIT:LR PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in EUR €0.06
BIT:LR Share Price ** BIT (2019-07-22) in EUR €1.03
Italy Auto Components Industry PE Ratio Median Figure of 5 Publicly-Listed Auto Components Companies 13.38x
Italy Market PE Ratio Median Figure of 240 Publicly-Listed Companies 15.69x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Landi Renzo.

BIT:LR PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BIT:LR Share Price ÷ EPS (both in EUR)

= 1.03 ÷ 0.06

18.08x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Landi Renzo is overvalued 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
Does Landi Renzo's expected growth come at a high price?
Raw Data
BIT:LR PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 18.08x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts
35.5%per year
Italy Auto Components Industry PEG Ratio Median Figure of 5 Publicly-Listed Auto Components Companies 1.32x
Italy Market PEG Ratio Median Figure of 160 Publicly-Listed Companies 1.31x

*Line of best fit is calculated by linear regression .

BIT:LR PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 18.08x ÷ 35.5%

0.51x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Landi Renzo is good value based on expected growth next year.
Price based on value of assets
What value do investors place on Landi Renzo's assets?
Raw Data
BIT:LR PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in EUR €0.54
BIT:LR Share Price * BIT (2019-07-22) in EUR €1.03
Italy Auto Components Industry PB Ratio Median Figure of 5 Publicly-Listed Auto Components Companies 1.13x
Italy Market PB Ratio Median Figure of 324 Publicly-Listed Companies 1.49x
BIT:LR PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BIT:LR Share Price ÷ Book Value per Share (both in EUR)

= 1.03 ÷ 0.54

1.9x

* Primary Listing of Landi Renzo.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Landi Renzo is overvalued based on assets compared to the IT Auto Components industry average.
X
Value checks
We assess Landi Renzo's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Auto Components industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Auto Components industry average (and greater than 0)? (1 check)
  5. Landi Renzo has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

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

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
35.5%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Landi Renzo expected to grow at an attractive rate?
  • Landi Renzo's earnings growth is expected to exceed the low risk savings rate of 2.9%.
Growth vs Market Checks
  • Landi Renzo's earnings growth is expected to exceed the Italy market average.
  • Landi Renzo's revenue growth is expected to exceed the Italy market average.
Annual Growth Rates Comparison
Raw Data
BIT:LR Future Growth Rates Data Sources
Data Point Source Value (per year)
BIT:LR Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts 35.5%
BIT:LR Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 2 Analysts 3.8%
Italy Auto Components Industry Earnings Growth Rate Market Cap Weighted Average 11.2%
Europe Auto Components Industry Revenue Growth Rate Market Cap Weighted Average 4.5%
Italy Market Earnings Growth Rate Market Cap Weighted Average 8.8%
Italy Market Revenue Growth Rate Market Cap Weighted Average 3.4%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
BIT:LR Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BIT:LR Future Estimates Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31 223 1
2022-12-31 215 1
2021-12-31 207 23 1
2020-12-31 199 22 12 2
2019-12-31 186 18 9 1
BIT:LR Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2019-03-31 190 5 6
2018-12-31 188 6 5
2018-09-30 195 3 18
2018-06-30 200 3 14
2018-03-31 202 7 6
2017-12-31 206 9 4
2017-09-30 202 19 -19
2017-06-30 198 15 -21
2017-03-31 189 9 -24
2016-12-31 184 -6 -25
2016-09-30 192 -2 -42
2016-06-30 197 0 -41

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Landi Renzo's earnings are expected to grow significantly at over 20% yearly.
  • Landi Renzo's revenue is expected to grow by 3.8% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
BIT:LR Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below

All data from Landi Renzo Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BIT:LR Future Estimates Data
Date (Data in EUR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31
2020-12-31 0.11 0.11 0.11 2.00
2019-12-31 0.08 0.08 0.08 1.00
BIT:LR Past Financials Data
Date (Data in EUR Millions) EPS *
2019-03-31 0.06
2018-12-31 0.04
2018-09-30 0.16
2018-06-30 0.13
2018-03-31 0.05
2017-12-31 0.04
2017-09-30 -0.17
2017-06-30 -0.19
2017-03-31 -0.21
2016-12-31 -0.22
2016-09-30 -0.37
2016-06-30 -0.36

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Landi Renzo will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Landi Renzo's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Italy market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Landi Renzo has a total score of 4/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Landi Renzo performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Landi Renzo's growth in the last year to its industry (Auto Components).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Landi Renzo has delivered over 20% year on year earnings growth in the past 5 years.
  • Landi Renzo's 1-year earnings growth is less than its 5-year average (6.6% vs 26.3%)
  • Landi Renzo's earnings growth has exceeded the Europe Auto Components industry average in the past year (6.6% vs -6.4%).
Earnings and Revenue History
Landi Renzo's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Landi Renzo Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BIT:LR Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 189.84 6.40 30.15
2018-12-31 188.08 4.67 30.64
2018-09-30 194.87 17.60 35.82
2018-06-30 200.08 14.40 38.78
2018-03-31 201.56 6.00 41.29
2017-12-31 206.29 4.14 43.81
2017-09-30 202.02 -18.76 38.01
2017-06-30 198.46 -21.18 37.40
2017-03-31 189.40 -24.04 36.63
2016-12-31 184.24 -25.25 36.36
2016-09-30 191.65 -41.67 37.02
2016-06-30 196.69 -40.66 37.56
2016-03-31 201.58 -36.72 39.33
2015-12-31 205.52 -35.29 40.80
2015-09-30 204.89 -12.60 41.87
2015-06-30 218.97 -7.08 42.68
2015-03-31 230.65 -2.04 42.68
2014-12-31 233.21 -1.78 42.40
2014-09-30 232.18 -2.45 42.63
2014-06-30 223.18 -6.54 42.48
2014-03-31 217.80 -25.46 42.49
2013-12-31 222.81 -25.56 42.85
2013-09-30 236.38 -24.02 42.96
2013-06-30 248.72 -20.73 42.52
2013-03-31 269.41 0.98 42.79
2012-12-31 276.73 2.95 41.81
2012-09-30 268.79 2.23 40.25

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Landi Renzo has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Landi Renzo used its assets more efficiently than the IT Auto Components industry average last year based on Return on Assets.
  • 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).
X
Past performance checks
We assess Landi Renzo's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Auto Components industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Landi Renzo has a total score of 4/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Landi Renzo's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Landi Renzo's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • 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.
Balance sheet
This treemap shows a more detailed breakdown of Landi Renzo's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 1.3x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Landi Renzo Company Filings, last reported 3 months ago.

BIT:LR Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 60.59 76.85 17.16
2018-12-31 59.58 67.95 15.08
2018-09-30 57.11 73.86 17.22
2018-06-30 56.99 74.81 23.19
2018-03-31 54.93 72.44 18.67
2017-12-31 56.70 66.75 17.78
2017-09-30 41.91 79.05 14.01
2017-06-30 45.02 77.60 15.92
2017-03-31 51.12 90.87 21.00
2016-12-31 45.08 92.20 16.48
2016-09-30 53.09 99.68 12.62
2016-06-30 58.29 97.02 18.75
2016-03-31 66.77 98.70 20.26
2015-12-31 71.82 97.72 38.26
2015-09-30 96.71 101.62 29.52
2015-06-30 101.29 122.65 58.94
2015-03-31 105.91 80.81 22.59
2014-12-31 108.08 79.07 31.82
2014-09-30 109.40 78.71 31.53
2014-06-30 107.65 78.11 28.13
2014-03-31 106.87 83.88 27.80
2013-12-31 109.81 86.88 32.95
2013-09-30 114.49 94.56 32.32
2013-06-30 117.71 98.45 37.12
2013-03-31 136.71 99.16 34.64
2012-12-31 139.06 100.53 38.75
2012-09-30 140.38 95.91 19.13
  • Landi Renzo's level of debt (126.8%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (78.4% vs 126.8% today).
  • Debt is not well covered by operating cash flow (6.8%, less than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 5.1x coverage).
X
Financial health checks
We assess Landi Renzo's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Landi Renzo has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Landi Renzo dividends. Estimated to be 0% next year.
If you bought €2,000 of Landi Renzo shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • 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.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
BIT:LR Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
Europe Auto Components Industry Average Dividend Yield Market Cap Weighted Average of 34 Stocks 3.8%
Italy Market Average Dividend Yield Market Cap Weighted Average of 185 Stocks 4.1%
Italy Minimum Threshold Dividend Yield 10th Percentile 1%
Italy Bottom 25% Dividend Yield 25th Percentile 2.1%
Italy Top 25% Dividend Yield 75th Percentile 4.5%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

BIT:LR Future Dividends Estimate Data
Date (Data in €) Dividend per Share (annual) Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31
2020-12-31 0.00 2.00
2019-12-31 0.00 2.00
BIT:LR Past Annualized Dividends Data
Date (Data in €) Dividend per share (annual) Avg. Yield (%)
2013-03-28 0.000 0.000
2013-03-14 0.000 0.000
2012-11-14 0.000 0.000
2012-08-29 0.000 0.000
2012-08-28 0.000 0.000
2012-05-14 0.000 0.000
2012-03-30 0.000 0.000
2011-03-30 0.055 3.276
2011-03-15 0.055 2.392
2010-03-16 0.062 1.987
2010-03-12 0.062 1.741
2009-03-16 0.075 2.343

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • 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
What portion of Landi Renzo's earnings are paid to the shareholders as a dividend.
  • 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.
X
Income/ dividend checks
We assess Landi Renzo's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Landi Renzo afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Landi Renzo has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

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

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Cristiano Musi
AGE 45
TENURE AS CEO 2.3 years
CEO Bio

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. Musi has been Director of Landi Renzo S.p.A. since A[ril 28, 2017. He has been an Independent Director at Gruppo Ceramiche Ricchetti S.p.A since 2018.

CEO Compensation
  • Insufficient data for Cristiano to compare compensation growth.
  • Insufficient data for Cristiano to establish whether their remuneration is reasonable compared to companies of similar size in Italy.
Management Team

Stefano Landi

TITLE
Executive Chairman
COMPENSATION
€311K
AGE
61
TENURE
32.5 yrs

Cristiano Musi

TITLE
CEO & Director
AGE
45
TENURE
2.3 yrs

Paolo Cilloni

TITLE
Chief Financial Officer
COMPENSATION
€161K
AGE
55

Paolo Fererro

TITLE
VP of Business Development & CTO
Board of Directors Tenure

Average tenure and age of the Landi Renzo board of directors in years:

3
Average Tenure
59
Average Age
  • The tenure for the Landi Renzo board of directors is about average.
Board of Directors

Cristiano Musi

TITLE
CEO & Director
AGE
45
TENURE
2.3 yrs

Giovannina Domenichini

TITLE
Honorary Chairperson
COMPENSATION
€19K
AGE
85
TENURE
9.3 yrs

Stefano Landi

TITLE
Executive Chairman
COMPENSATION
€311K
AGE
61
TENURE
6.3 yrs

Sara Fornasiero

TITLE
Lead Independent Director
AGE
51
TENURE
3.3 yrs

Fabio Zucchetti

TITLE
Chairman of the Board of Statutory Auditors
TENURE
0.3 yrs

Silvia Landi

TITLE
Director
AGE
59
TENURE
3 yrs

Angelo Iori

TITLE
Director
AGE
65
TENURE
3 yrs

Anton Karl

TITLE
Independent Director
AGE
43
TENURE
3 yrs

Vincenzo Russi

TITLE
Independent Director
TENURE
0.3 yrs

Paolo Emanuele Maria Ferrero

TITLE
Director
TENURE
0.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Landi Renzo's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Landi Renzo has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

The Landi Renzo (BIT:LR) Share Price Is Up 128% And Shareholders Are Boasting About It

Check out our latest analysis for Landi Renzo While the efficient markets hypothesis continues to be taught by some, it has been proven that markets are over-reactive dynamic systems, and investors are not always rational. … If you are thinking of buying or selling Landi Renzo stock, you should check out this FREE detailed report on its balance sheet. … Before deciding if you like the current share price, check how Landi Renzo scores on these 3 valuation metrics.

Simply Wall St -

Why You Should Like Landi Renzo S.p.A.’s (BIT:LR) ROCE

Analysts use this formula to calculate return on capital employed: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) Or for Landi Renzo: 0.13 = €16m ÷ (€207m - €88m) (Based on the trailing twelve months to March 2019.) So, Landi Renzo has an ROCE of 13%. … Due to the way the ROCE equation works, having large bills due in the near term can make it look as though a company has less capital employed, and thus a higher ROCE than usual. … The Bottom Line On Landi Renzo's ROCE Landi Renzo's ROCE does look good, but the level of current liabilities also contribute to that.

Simply Wall St -

Is Landi Renzo S.p.A. (BIT:LR) A Volatile Stock?

Beta can be a useful tool to understand how much a stock is influenced by market risk (volatility). … Check out our latest analysis for Landi Renzo What LR's beta value tells investors Given that it has a beta of 1.78, we can surmise that the Landi Renzo share price has been fairly sensitive to market volatility (over the last 5 years). … What this means for you: Since Landi Renzo has a reasonably high beta, it's worth considering why it is so heavily influenced by broader market sentiment.

Simply Wall St -

Is Landi Renzo S.p.A.'s (BIT:LR) 7.6% ROE Better Than Average?

This article is for those who would like to learn about Return On Equity (ROE). … That means that for every €1 worth of shareholders' equity, it generated €0.076 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity

Simply Wall St -

Are Landi Renzo S.p.A.'s (BIT:LR) Interest Costs Too High?

While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, they end up ignoring a key aspect, which could be the biggest threat to its existence: its financial health. … Assessing first and foremost the financial health is. … Let's work through some financial health checks you may wish to consider if you're interested in this stock.

Simply Wall St -

Why Landi Renzo S.p.A.'s (BIT:LR) High P/E Ratio Isn't Necessarily A Bad Thing

This article is for investors who would like to improve their understanding of price to earnings ratios (P/E ratios). … Based on the last twelve months, Landi Renzo's P/E ratio is 29.91. … Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS)

Simply Wall St -

The Landi Renzo (BIT:LR) Share Price Is Up 134% And Shareholders Are Boasting About It

It might seem bad, but the worst that can happen when you buy a stock (without leverage) is that its share price goes to zero. … (BIT:LR) share price is 134% higher than it was three years ago. … While markets are a powerful pricing mechanism, share prices reflect investor sentiment, not just underlying business performance.

Simply Wall St -

Is Now An Opportune Moment To Examine Landi Renzo S.p.A. (BIT:LR)?

led the BIT gainers with a relatively large price hike in the past couple of weeks. … Less-covered, small caps tend to present more of an opportunity for mispricing due to the lack of information available to the public, which can be a good thing? … Today I will analyse the most recent data on Landi Renzo’s outlook and valuation to see if the opportunity still exists

Simply Wall St -

Is Landi Renzo S.p.A. (BIT:LR) Struggling With Its 9.2% Return On Capital Employed?

Specifically, we're going to calculate its Return On Capital Employed (ROCE), in the hopes of getting some insight into the business. … Return On Capital Employed (ROCE): What is it? … ROCE is a measure of a company's yearly pre-tax profit (its return), relative to the capital employed in the business.

Simply Wall St -

Is Landi Renzo S.p.A. (BIT:LR) Expensive For A Reason? A Look At The Intrinsic Value

Help shape the future of investing tools and you could win a $250 gift card! … by estimating the company's future cash flows and discounting them to their present value. … Anyone interested in learning a bit more about intrinsic value should have a read of the Simply Wall St analysis model.

Simply Wall St -

Company Info

Description

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 vehicles, including electro-mechanical components, such as pressure regulators, injectors, electrovalves, and multivalves; electronic devices comprising electronic control units, switches-indicators, timing advanced processors, and other accessories; and vehicle safety and mobility devices. It also provides professional loudspeakers for use in sound reinforcement systems, live events, and permanent installations; and original equipment manufacturer solutions, including components and systems. In addition, the company designs and builds components and infrastructures for various applications that include CNG refuelling stations and systems for automotive purposes; compressors and auxiliary systems for processing gas from the extraction phase to final distribution; and installations for transforming biogas into biomethane. It provides its products and services under the SAFE and MED names to car manufacturers, independent retailers, and importers. The company was founded in 1954 and is headquartered in Cavriago, Italy. Landi Renzo S.p.A. is a subsidiary of Girefin S.p.A.

Details
Name: Landi Renzo S.p.A.
LR
Exchange: BIT
Founded: 1954
€115,650,000
112,500,000
Website: http://www.landirenzogroup.com
Address: Landi Renzo S.p.A.
Via Nobel 2/4/6,
Corte Tegge,
Cavriago,
Reggio Emilia, 42025,
Italy
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BIT LR Common Stock Borsa Italiana IT EUR 26. Jun 2007
DB ARQ Common Stock Deutsche Boerse AG DE EUR 26. Jun 2007
LSE 0ND3 Common Stock London Stock Exchange GB EUR 26. Jun 2007
BATS-CHIXE LRM Common Stock BATS 'Chi-X Europe' GB EUR 26. Jun 2007
Number of employees
Current staff
Staff numbers
503
Landi Renzo employees.
Industry
Auto Parts and Equipment
Automobiles
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/07/22 21:05
End of day share price update: 2019/07/22 00:00
Last estimates confirmation: 2019/06/03
Last earnings filing: 2019/05/14
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.