BIT:LON

Stock Analysis Report

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Executive Summary

Longino & Cardenal S.p.A. supplies catering services to hotels and restaurants in Italy and internationally. More Details


Snowflake Analysis

Flawless balance sheet and slightly overvalued.

Share Price & News

How has Longino & Cardenal's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: LON's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-7.6%

LON

-3.7%

IT Hospitality

0.6%

IT Market


1 Year Return

-49.5%

LON

-53.4%

IT Hospitality

-11.5%

IT Market

Return vs Industry: LON exceeded the Italian Hospitality industry which returned -51.2% over the past year.

Return vs Market: LON underperformed the Italian Market which returned -10.7% over the past year.


Shareholder returns

LONIndustryMarket
7 Day-7.6%-3.7%0.6%
30 Day-5.5%-1.6%0.4%
90 Day-21.4%-16.4%1.2%
1 Year-49.5%-49.5%-53.4%-53.4%-9.2%-11.5%
3 Yearn/a-10.8%-18.3%-8.3%-16.6%
5 Yearn/a8.2%-7.2%3.7%-28.8%

Price Volatility Vs. Market

How volatile is Longino & Cardenal's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Longino & Cardenal undervalued compared to its fair value and its price relative to the market?

16.11x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: LON (€2.42) is trading above our estimate of fair value (€0.3)

Significantly Below Fair Value: LON is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: LON is good value based on its PE Ratio (16.1x) compared to the XE Hospitality industry average (18.9x).

PE vs Market: LON is good value based on its PE Ratio (16.1x) compared to the Italian market (17.9x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate LON's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: LON is overvalued based on its PB Ratio (2.1x) compared to the IT Hospitality industry average (1x).


Next Steps

Future Growth

How is Longino & Cardenal forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

55.2%

Forecasted Consumer Services 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 Longino & Cardenal 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

Past Performance

How has Longino & Cardenal performed over the past 5 years?

33.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: LON has high quality earnings.

Growing Profit Margin: LON's current net profit margins (2.7%) are lower than last year (3.7%).


Past Earnings Growth Analysis

Earnings Trend: LON's earnings have grown significantly by 33.4% per year over the past 5 years.

Accelerating Growth: LON's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: LON had negative earnings growth (-21.5%) over the past year, making it difficult to compare to the Hospitality industry average (-20.1%).


Return on Equity

High ROE: LON's Return on Equity (13.1%) is considered low.


Next Steps

Financial Health

How is Longino & Cardenal's financial position?


Financial Position Analysis

Short Term Liabilities: LON's short term assets (€12.7M) exceed its short term liabilities (€7.4M).

Long Term Liabilities: LON's short term assets (€12.7M) exceed its long term liabilities (€889.0K).


Debt to Equity History and Analysis

Debt Level: LON's debt to equity ratio (9.2%) is considered satisfactory.

Reducing Debt: LON's debt to equity ratio has reduced from 439.8% to 9.2% over the past 5 years.

Debt Coverage: LON's debt is well covered by operating cash flow (145.3%).

Interest Coverage: LON's interest payments on its debt are well covered by EBIT (57.4x coverage).


Balance Sheet


Next Steps

Dividend

What is Longino & Cardenal current dividend yield, its reliability and sustainability?

2.07%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: LON's dividend (2.07%) is higher than the bottom 25% of dividend payers in the Italian market (1.59%).

High Dividend: LON's dividend (2.07%) is low compared to the top 25% of dividend payers in the Italian market (5.23%).


Stability and Growth of Payments

Stable Dividend: Too early to tell whether LON's dividend payments have been stable as they only just started paying a dividend.

Growing Dividend: Too early to tell if LON's dividend payments are increasing as they only just started paying a dividend.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (33.3%), LON's dividend payments are well 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?


CEO

Riccardo Uleri (54 yo)

no data

Tenure

Mr. Riccardo Uleri serves as President of the Board, Chief Executive Officer and Majority Partner at Longino & Cardenal S.p.A. After some years working for his family's textile business in Legnano, Italy, ...


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

Longino & Cardenal S.p.A.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Longino & Cardenal S.p.A.
  • Ticker: LON
  • Exchange: BIT
  • Founded: 1988
  • Industry: Restaurants
  • Sector: Consumer Services
  • Market Cap: €15.125m
  • Shares outstanding: 6.25m
  • Website: https://www.longino.it

Location

  • Longino & Cardenal S.p.A.
  • Via Ambrogio Moroni 8
  • Pogliano Milanese
  • Milan
  • 20010
  • Italy

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
LONBIT (Borsa Italiana)YesOrdinary SharesITEURJul 2018

Biography

Longino & Cardenal S.p.A. supplies catering services to hotels and restaurants in Italy and internationally. It offers seafood products; plancton Marino; meats and eggs; hams and salamis; cheeses and other ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/09/18 03:11
End of Day Share Price2020/09/17 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


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.