BIT:LON

Stock Analysis Report

Executive Summary

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

Snowflake

Fundamentals

Excellent balance sheet with proven track record.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

3.9%

LON

5.0%

IT Hospitality

2.3%

IT Market


1 Year Return

-8.9%

LON

7.9%

IT Hospitality

10.0%

IT Market

Return vs Industry: LON underperformed the Italian Hospitality industry which returned 7.9% over the past year.

Return vs Market: LON underperformed the Italian Market which returned 10% over the past year.


Share holder returns

LONIndustryMarket
7 Day3.9%5.0%2.3%
30 Day-6.5%0.9%-0.8%
90 Day-1.6%-4.8%-1.4%
1 Year-8.9%-8.9%11.5%7.9%14.8%10.0%
3 Yearn/a21.4%10.3%31.5%13.3%
5 Yearn/a60.8%35.7%25.0%-24.8%

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 based on future cash flows and its price relative to the stock market?

15%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Undervalued: LON (€4.3) is trading below our estimate of fair value (€5.04)

Significantly Undervalued: LON is trading below fair value, but not by a significant amount.


Price Based on Earnings

PE vs Industry: LON is poor value based on its PE Ratio (21.9x) compared to the Hospitality industry average (20x).

PE vs Market: LON is poor value based on its PE Ratio (21.9x) compared to the Italian market (16.8x).


Price Based on Expected Growth

Low PEG Ratio: LON is good value based on its PEG Ratio (0.9x)


Price Based on Value of Assets

PB vs Industry: LON is overvalued based on its PB Ratio (4.1x) compared to the IT Hospitality industry average (3.1x).


Next Steps

Future Growth

How is Longino & Cardenal expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

24.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Earnings vs Savings Rate: LON's forecast earnings growth (24.5% per year) is above the savings rate (2.9%).

Earnings vs Market: LON's earnings (24.5% per year) are forecast to grow faster than the Italian market (8.8% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: LON's revenue (14.8% per year) is forecast to grow faster than the Italian market (3.2% per year).

High Growth Revenue: LON's revenue (14.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Estimates


Future Return on Equity

High Future ROE: Insufficient data to determine if LON's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

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

40.6%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: LON's earnings have grown significantly by 40.6% per year over the past 5 years.

Accelerating Growth: LON's earnings growth over the past year (54.5%) exceeds its 5-year average (40.6% per year).

Earnings vs Industry: LON earnings growth over the past year (54.5%) exceeded the Hospitality industry 2.5%.


Return on Equity

High ROE: LON's Return on Equity (18.7%) is considered low.


Return on Assets

ROA vs Industry: LON has a higher Return on Assets than the Hospitality industry average last year.


Return on Capital Employed

ROCE Improving: LON's Return on Capital Employed has declined over the past 3 years.


Next Steps

Financial Health

How is Longino & Cardenal's financial position?


Financial Position Analysis

Short Term Liabilities: LON's short term assets (€12.4M) exceeds its short term liabilities (€7.4M)

Long Term Liabilities: LON's short term assets (12.4M) exceeds its long term liabilities (1.1M)


Debt to Equity History and Analysis

Debt Level: LON's debt to equity ratio (16.3%) is considered satisfactory

Reducing Debt: Insufficient data to determine if LON's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: LON's debt is well covered by operating cash flow (134.9%).

Interest Coverage: LON's interest payments on its debt are well covered by EBIT (50x coverage).


Balance Sheet

Inventory Level: LON has a low level of unsold assets or inventory.

Debt Coverage by Assets: LON's debt is covered by short term assets (assets are 11.625760x debt).


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%2.1%markettop25%4.4%industryaverage2.6%forecastin3Yearsn/a

Current dividend yield vs market & industry


Dividend Yield and Payments Analysis

Notable Dividend: Unable to evaluate LON's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate LON's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if LON's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if LON's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of LON's dividend in 3 years as they are not forecast to pay a notable one for the Italian market.


Next Steps

Management

What is the CEO of Longino & Cardenal's salary, the management and board of directors tenure and is there insider trading?


CEO

Riccardo Uleri 0

0yrs

Tenure

0

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,  ...


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • Cristina Sambuchi

    CFO, Financial Director

    • Tenure: 0yrs
  • Riccardo Uleri

    President of the Board

    • Tenure: 0yrs
  • Filippo Mainini

    Sales & Marketing Director

    • Tenure: 2.8yrs
  • Stephan Zoccoli

    Operation Manager

    • Tenure: 0.8yrs

Board Members

  • Valerio De Molli (54yo)

    Independent Director

    • Tenure: 0yrs
  • Cristina Sambuchi

    CFO, Financial Director

    • Tenure: 0yrs
  • Riccardo Uleri

    President of the Board

    • Tenure: 0yrs
  • Luigi Doppietti

    Chairman of the Board of Statutory Auditors

    • Tenure: 0yrs
  • Silvia Tavernini

    Member of the Statutory Auditors

    • Tenure: 0yrs
  • Cristian Novello

    Member of Statutory Auditors

    • Tenure: 0yrs

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: €26.875m
  • 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. The company offers seafood products, meats and eggs, hams and salamis, cheeses and other dairy p ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/14 00:43
End of Day Share Price2019/10/11 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.

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