Chevron Lubricants Lanka
Market Cap
LK₨27.1b
Last Updated
2021/07/30 16:44 UTC
Data Sources
Company Financials +
Executive Summary
Chevron Lubricants Lanka PLC blends, manufactures, imports, distributes, and markets lubricants, greases, brake fluids, and specialty products for industrial, commercial, and consumer applications in Sri Lanka. More Details
Rewards
Risk Analysis
Earnings are forecast to decline by an average of 3.8% per year for the next 3 years
Snowflake Analysis
Flawless balance sheet with proven track record and pays a dividend.
Share Price & News
How has Chevron Lubricants Lanka's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: LLUB.N0000 is not significantly more volatile than the rest of LK stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: LLUB.N0000's weekly volatility (4%) has been stable over the past year.
Market Performance
7 Day Return
1.6%
LLUB.N0000
-1.6%
LK Chemicals
-0.2%
LK Market
1 Year Return
57.0%
LLUB.N0000
160.8%
LK Chemicals
59.0%
LK Market
Return vs Industry: LLUB.N0000 underperformed the LK Chemicals industry which returned 166.1% over the past year.
Return vs Market: LLUB.N0000 underperformed the LK Market which returned 60.9% over the past year.
Shareholder returns
| LLUB.N0000 | Industry | Market | |
|---|---|---|---|
| 7 Day | 1.6% | -1.6% | -0.2% |
| 30 Day | 7.4% | 5.8% | 3.7% |
| 90 Day | 23.0% | 4.4% | 12.8% |
| 1 Year | 80.5%57.0% | 186.3%160.8% | 65.2%59.0% |
| 3 Year | 84.2%28.7% | 298.6%207.4% | 41.8%27.3% |
| 5 Year | 15.4%-30.8% | 168.1%83.2% | 36.7%15.4% |
Long-Term Price Volatility Vs. Market
How volatile is Chevron Lubricants Lanka's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is Chevron Lubricants Lanka undervalued compared to its fair value and its price relative to the market?
48.9%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: LLUB.N0000 (LKR112.75) is trading below our estimate of fair value (LKR220.56)
Significantly Below Fair Value: LLUB.N0000 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: LLUB.N0000 is poor value based on its PE Ratio (8.3x) compared to the LK Chemicals industry average (7.6x).
PE vs Market: LLUB.N0000 is good value based on its PE Ratio (8.3x) compared to the LK market (9.2x).
Price to Earnings Growth Ratio
PEG Ratio: LLUB.N0000's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: LLUB.N0000 is overvalued based on its PB Ratio (5.2x) compared to the LK Chemicals industry average (1.6x).
Future Growth
How is Chevron Lubricants Lanka forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
-3.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: LLUB.N0000's earnings are forecast to decline over the next 3 years (-3.8% per year).
Earnings vs Market: LLUB.N0000's earnings are forecast to decline over the next 3 years (-3.8% per year).
High Growth Earnings: LLUB.N0000's earnings are forecast to decline over the next 3 years.
Revenue vs Market: LLUB.N0000's revenue (1.9% per year) is forecast to grow slower than the LK market (18% per year).
High Growth Revenue: LLUB.N0000's revenue (1.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if LLUB.N0000's Return on Equity is forecast to be high in 3 years time
Past Performance
How has Chevron Lubricants Lanka performed over the past 5 years?
-10.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: LLUB.N0000 has high quality earnings.
Growing Profit Margin: LLUB.N0000's current net profit margins (24.7%) are higher than last year (17.6%).
Past Earnings Growth Analysis
Earnings Trend: LLUB.N0000's earnings have declined by 10.4% per year over the past 5 years.
Accelerating Growth: LLUB.N0000's earnings growth over the past year (61.3%) exceeds its 5-year average (-10.4% per year).
Earnings vs Industry: LLUB.N0000 earnings growth over the past year (61.3%) underperformed the Chemicals industry 78.4%.
Return on Equity
High ROE: LLUB.N0000's Return on Equity (62%) is considered outstanding.
Financial Health
How is Chevron Lubricants Lanka's financial position?
Financial Position Analysis
Short Term Liabilities: LLUB.N0000's short term assets (LKR6.9B) exceed its short term liabilities (LKR3.1B).
Long Term Liabilities: LLUB.N0000's short term assets (LKR6.9B) exceed its long term liabilities (LKR686.8M).
Debt to Equity History and Analysis
Debt Level: LLUB.N0000 is debt free.
Reducing Debt: LLUB.N0000 had no debt 5 years ago.
Debt Coverage: LLUB.N0000 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: LLUB.N0000 has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Dividend
What is Chevron Lubricants Lanka current dividend yield, its reliability and sustainability?
7.98%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: LLUB.N0000's dividend (7.98%) is higher than the bottom 25% of dividend payers in the LK market (1.84%).
High Dividend: LLUB.N0000's dividend (7.98%) is in the top 25% of dividend payers in the LK market (5.57%)
Stability and Growth of Payments
Stable Dividend: LLUB.N0000's dividend payments have been volatile in the past 10 years.
Growing Dividend: LLUB.N0000's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (96%), LLUB.N0000's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: LLUB.N0000's dividends in 3 years are forecast to be covered by earnings (86.9% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.3yrs
Average board tenure
CEO
Muhammad Shamsuddin
0.75
Tenure
Mr. Muhammad Najam Shamsuddin has been Managing Director, Chief Executive Officer and Director of Chevron Lubricants Lanka PLC since October 1, 2020. Mr. Shamsuddin serves as the Marketing Manager of Lubri...
Board Members
Experienced Board: LLUB.N0000's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.
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
Chevron Lubricants Lanka PLC's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Chevron Lubricants Lanka PLC
- Ticker: LLUB.N0000
- Exchange: COSE
- Founded: 1992
- Industry: Commodity Chemicals
- Sector: Materials
- Market Cap: LK₨27.060b
- Shares outstanding: 240.00m
- Website: https://www.chevron.lk
Number of Employees
Location
- Chevron Lubricants Lanka PLC
- MAGA ONE
- Level 16
- Colombo
- 5
- Sri Lanka
Listings
Biography
Chevron Lubricants Lanka PLC blends, manufactures, imports, distributes, and markets lubricants, greases, brake fluids, and specialty products for industrial, commercial, and consumer applications in Sri L...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/07/30 16:44 |
| End of Day Share Price | 2021/07/30 00:00 |
| Earnings | 2021/03/31 |
| Annual Earnings | 2020/12/31 |
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.