COSE:LLUB.N0000

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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


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.N0000IndustryMarket
7 Day1.6%-1.6%-0.2%
30 Day7.4%5.8%3.7%
90 Day23.0%4.4%12.8%
1 Year80.5%57.0%186.3%160.8%65.2%59.0%
3 Year84.2%28.7%298.6%207.4%41.8%27.3%
5 Year15.4%-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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/07/30 16:44
End of Day Share Price2021/07/30 00:00
Earnings2021/03/31
Annual Earnings2020/12/31


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.