| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 0/6 |
| Past Performance | 4/6 |
| Financial Health | 6/6 |
| Dividends | 2/6 |
LASM Stock Overview
Lasco Manufacturing Limited manufactures and sells soy protein beverages primarily in Jamaica.
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | JA$4.76 |
| 52 Week High | JA$6.00 |
| 52 Week Low | JA$3.59 |
| Beta | 0.29 |
| 1 Month Change | -0.83% |
| 3 Month Change | -4.80% |
| 1 Year Change | 22.05% |
| 3 Year Change | 37.97% |
| 5 Year Change | 3.93% |
| Change since IPO | 242.45% |
Recent News & Updates
Shareholder Returns
| LASM | JM Food | JM Market | |
|---|---|---|---|
| 7D | 0.2% | 0.4% | 0.6% |
| 1Y | 22.1% | 14.7% | 3.2% |
Return vs Industry: LASM exceeded the JM Food industry which returned 14.7% over the past year.
Return vs Market: LASM exceeded the JM Market which returned 3.2% over the past year.
Price Volatility
| LASM volatility | |
|---|---|
| LASM Average Weekly Movement | 8.6% |
| Food Industry Average Movement | 8.7% |
| Market Average Movement | 8.7% |
| 10% most volatile stocks in JM Market | 14.4% |
| 10% least volatile stocks in JM Market | 4.8% |
Stable Share Price: LASM is not significantly more volatile than the rest of JM stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: LASM's weekly volatility (9%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1994 | 82 | Lascelles Chin | https://www.lascojamaica.com/manufacturing |
Lasco Manufacturing Limited manufactures and sells soy protein beverages primarily in Jamaica. It offers juice drinks and water under the iCool brand; and food drink, enriched milk powder, and other products. The company also exports canned products, condiments, sauces, spices, seasonings and soups, beverages, and baby care and personal care products.
Lasco Manufacturing Fundamentals Summary
| LASM fundamental statistics | |
|---|---|
| Market Cap | JA$20.21b |
| Earnings (TTM) | JA$1.42b |
| Revenue (TTM) | JA$8.75b |
13.8x
P/E Ratio2.2x
P/S RatioIs LASM overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| LASM income statement (TTM) | |
|---|---|
| Revenue | JA$8.75b |
| Cost of Revenue | JA$5.53b |
| Gross Profit | JA$3.22b |
| Expenses | JA$1.80b |
| Earnings | JA$1.42b |
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.34 |
| Gross Margin | 36.83% |
| Net Profit Margin | 16.27% |
| Debt/Equity Ratio | 6.9% |
How did LASM perform over the long term?
See historical performance and comparisonDividends
1.5%
Current Dividend Yield21%
Payout RatioValuation
Is Lasco Manufacturing undervalued compared to its fair value and its price relative to the market?
13.81x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: LASM (JMD4.76) is trading above our estimate of fair value (JMD1.79)
Significantly Below Fair Value: LASM is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: LASM is good value based on its PE Ratio (13.8x) compared to the JM Food industry average (20.1x).
PE vs Market: LASM is good value based on its PE Ratio (13.8x) compared to the JM market (17.6x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate LASM's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: LASM is good value based on its PB Ratio (2.3x) compared to the JM Food industry average (2.6x).
Future Growth
How is Lasco Manufacturing forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
2.3%
Forecasted Food, Beverage & Tobacco 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 Lasco Manufacturing 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.
Past Performance
How has Lasco Manufacturing performed over the past 5 years?
17.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: LASM has high quality earnings.
Growing Profit Margin: LASM's current net profit margins (16.3%) are higher than last year (14.2%).
Past Earnings Growth Analysis
Earnings Trend: LASM's earnings have grown by 17.3% per year over the past 5 years.
Accelerating Growth: LASM's earnings growth over the past year (23.1%) exceeds its 5-year average (17.3% per year).
Earnings vs Industry: LASM earnings growth over the past year (23.1%) underperformed the Food industry 31.2%.
Return on Equity
High ROE: LASM's Return on Equity (17%) is considered low.
Financial Health
How is Lasco Manufacturing's financial position?
Financial Position Analysis
Short Term Liabilities: LASM's short term assets (JMD6.1B) exceed its short term liabilities (JMD1.8B).
Long Term Liabilities: LASM's short term assets (JMD6.1B) exceed its long term liabilities (JMD957.0M).
Debt to Equity History and Analysis
Debt Level: LASM has more cash than its total debt.
Reducing Debt: LASM's debt to equity ratio has reduced from 43.6% to 6.9% over the past 5 years.
Debt Coverage: LASM's debt is well covered by operating cash flow (196.2%).
Interest Coverage: LASM's interest payments on its debt are well covered by EBIT (58.8x coverage).
Balance Sheet
Dividend
What is Lasco Manufacturing current dividend yield, its reliability and sustainability?
1.53%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: LASM's dividend (1.53%) is higher than the bottom 25% of dividend payers in the JM market (1.25%).
High Dividend: LASM's dividend (1.53%) is low compared to the top 25% of dividend payers in the JM market (3.09%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, LASM has been paying a dividend for less than 10 years.
Growing Dividend: LASM's dividend payments have increased, but the company has only paid a dividend for 5 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (21.1%), LASM'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?
5.4yrs
Average board tenure
CEO
Lascelles Chin (65 yo)
no data
Tenure
Hon. Lascelles Agustas Chin, O.J., C.D., LLD. (Hon. Causa), is the Founder of LASCO Financial Services Limited and LASCO Manufacturing Limited.Hon. Chin serves as an Executive Chairman of LASCO Financial...
Board Members
Experienced Board: LASM's board of directors are considered experienced (5.4 years average tenure).
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
Lasco Manufacturing Limited's employee growth, exchange listings and data sources
Key Information
- Name: Lasco Manufacturing Limited
- Ticker: LASM
- Exchange: JMSE
- Founded: 1994
- Industry: Packaged Foods and Meats
- Sector: Food, Beverage & Tobacco
- Market Cap: JA$20.210b
- Shares outstanding: 4.13b
- Website: https://www.lascojamaica.com/manufacturing
Number of Employees
Location
- Lasco Manufacturing Limited
- 27 Red Hills Road
- Kingston
- 10
- Jamaica
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/12/02 23:43 |
| End of Day Share Price | 2021/12/02 00:00 |
| Earnings | 2021/09/30 |
| Annual Earnings | 2021/03/31 |
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.