BIT:LON

Stock Analysis Report

NOT FOR DISTRIBUTION
Header cover image

Executive Summary

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


Snowflake Analysis

Mediocre balance sheet not a dividend payer.

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 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

3.3%

LON

-2.4%

IT Hospitality

-2.7%

IT Market


1 Year Return

-40.3%

LON

-61.8%

IT Hospitality

-16.1%

IT Market

Return vs Industry: LON exceeded the Italian Hospitality industry which returned -60.7% over the past year.

Return vs Market: LON underperformed the Italian Market which returned -15% over the past year.


Shareholder returns

LONIndustryMarket
7 Day3.3%-2.4%-2.7%
30 Day4.2%-17.8%-0.04%
90 Day-11.3%-31.1%-6.5%
1 Year-40.3%-40.3%-61.8%-61.8%-13.9%-16.1%
3 Yearn/a-13.6%-20.9%-13.1%-21.0%
5 Yearn/a1.3%-13.0%-8.8%-29.8%

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?

2.61x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: LON (€2.5) is trading above our estimate of fair value (€0.31)

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


Price To Earnings Ratio

PE vs Industry: LON is unprofitable, so we can't compare its PE Ratio to the XE Hospitality industry average.

PE vs Market: LON is unprofitable, so we can't compare its PE Ratio to the Italian market.


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 (2.6x) compared to the IT Hospitality industry average (1.5x).


Next Steps

Future Growth

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

56.6%

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?

2.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: LON is currently unprofitable.

Growing Profit Margin: LON is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: LON is unprofitable, but has reduced losses over the past 5 years at a rate of 2.8% per year.

Accelerating Growth: Unable to compare LON's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: LON is unprofitable, making it difficult to compare its past year earnings growth to the Hospitality industry (-18%).


Return on Equity

High ROE: LON has a negative Return on Equity (-13.35%), as it is currently unprofitable.


Next Steps

Financial Health

How is Longino & Cardenal's financial position?


Financial Position Analysis

Short Term Liabilities: LON's short term assets (€11.7M) exceed its short term liabilities (€5.9M).

Long Term Liabilities: LON's short term assets (€11.7M) exceed its long term liabilities (€2.8M).


Debt to Equity History and Analysis

Debt Level: LON's debt to equity ratio (74.6%) is considered high.

Reducing Debt: LON's debt to equity ratio has reduced from 434% to 74.6% over the past 5 years.

Debt Coverage: LON's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if LON's interest payments on its debt are well covered by EBIT.


Balance Sheet


Next Steps

Dividend

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

2.00%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: LON's dividend (2%) is higher than the bottom 25% of dividend payers in the Italian market (1.56%).

High Dividend: LON's dividend (2%) is low compared to the top 25% of dividend payers in the Italian market (5.4%).


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: LON is paying a dividend but the company is unprofitable.


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: €15.625m
  • Shares outstanding: 6.25m
  • Website: https://www.longino.it

Number of Employees


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 Analysis2020/10/21 21:58
End of Day Share Price2020/10/21 00:00
Earnings2020/06/30
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.