company background image
LFL.

Livestock FeedMUSE:LFL.I0000 Stock Report

Market Cap

MU₨2.1b

7D

8.0%

1Y

52.0%

Updated

20 Oct, 2021

Data

Company Financials
LFL.I0000 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance2/6
Financial Health6/6
Dividends1/6

LFL.I0000 Overview

Livestock Feed Limited engages in processing animal feeds for animal production and aquaculture industries in Mauritius and Madagascar.

Price History & Performance

Summary of all time highs, changes and price drops for Livestock Feed
Historical stock prices
Current Share PriceMU₨22.40
52 Week HighMU₨14.83
52 Week LowMU₨22.40
Beta0.25
1 Month Change13.42%
3 Month Change31.38%
1 Year Change52.04%
3 Year Change30.49%
5 Year Change142.16%
Change since IPO816.37%

Recent News & Updates

Shareholder Returns

LFL.I0000MU FoodMU Market
7D8.0%0.9%0.3%
1Y52.0%65.9%14.2%

Return vs Industry: LFL.I0000 underperformed the MU Food industry which returned 65.7% over the past year.

Return vs Market: LFL.I0000 exceeded the MU Market which returned 14.2% over the past year.

Price Volatility

Is LFL.I0000's price volatile compared to industry and market?
LFL.I0000 volatility
LFL.I0000 Beta0.25
Industry Beta0.32
Market Beta1

Stable Share Price: LFL.I0000 is not significantly more volatile than the rest of MU stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: LFL.I0000's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1977n/aRocky Forgethttps://www.lfl.mu

Livestock Feed Limited engages in processing animal feeds for animal production and aquaculture industries in Mauritius and Madagascar. The company offers broiler, layer, and other poultry feeds; and pig, ruminant, raw material, horse, rabbit, fish, and dog feeds. It is also involved in the unloading, storing, and handling of bulk commodities for compounders; and provision of support services to small farmers in the laying sector, as well as technical and investment services.

Livestock Feed Fundamentals Summary

How do Livestock Feed's earnings and revenue compare to its market cap?
LFL.I0000 fundamental statistics
Market CapMU₨2.12b
Earnings (TTM)MU₨113.18m
Revenue (TTM)MU₨3.16b

18.7x

P/E Ratio

0.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
LFL.I0000 income statement (TTM)
RevenueMU₨3.16b
Cost of RevenueMU₨2.77b
Gross ProfitMU₨395.03m
ExpensesMU₨281.85m
EarningsMU₨113.18m

Last Reported Earnings

Mar 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)1.20
Gross Margin12.49%
Net Profit Margin3.58%
Debt/Equity Ratio0.0%

How did LFL.I0000 perform over the long term?

See historical performance and comparison

Dividends

1.8%

Current Dividend Yield

33%

Payout Ratio

Valuation

Is Livestock Feed undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: LFL.I0000 (MUR22.4) is trading below our estimate of fair value (MUR59.25)

Significantly Below Fair Value: LFL.I0000 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: LFL.I0000 is poor value based on its PE Ratio (18.7x) compared to the MU Food industry average (12.6x).

PE vs Market: LFL.I0000 is poor value based on its PE Ratio (18.7x) compared to the MU market (14.4x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate LFL.I0000's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: LFL.I0000's PB Ratio (1x) is in line with the MU Food industry average.


Future Growth

How is Livestock Feed forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

13.5%

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 Livestock Feed 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 Livestock Feed performed over the past 5 years?

2.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: LFL.I0000 has high quality earnings.

Growing Profit Margin: LFL.I0000's current net profit margins (3.6%) are lower than last year (6.5%).


Past Earnings Growth Analysis

Earnings Trend: LFL.I0000's earnings have grown by 2.8% per year over the past 5 years.

Accelerating Growth: LFL.I0000's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: LFL.I0000 had negative earnings growth (-47.4%) over the past year, making it difficult to compare to the Food industry average (8%).


Return on Equity

High ROE: LFL.I0000's Return on Equity (5.5%) is considered low.


Financial Health

How is Livestock Feed's financial position?


Financial Position Analysis

Short Term Liabilities: LFL.I0000's short term assets (MUR1.4B) exceed its short term liabilities (MUR857.7M).

Long Term Liabilities: LFL.I0000's short term assets (MUR1.4B) exceed its long term liabilities (MUR213.0M).


Debt to Equity History and Analysis

Debt Level: LFL.I0000 is debt free.

Reducing Debt: LFL.I0000 had no debt 5 years ago.

Debt Coverage: LFL.I0000 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: LFL.I0000 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Livestock Feed current dividend yield, its reliability and sustainability?

1.79%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: LFL.I0000's dividend (1.79%) isn’t notable compared to the bottom 25% of dividend payers in the MU market (2.1%).

High Dividend: LFL.I0000's dividend (1.79%) is low compared to the top 25% of dividend payers in the MU market (3.53%).


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, LFL.I0000 has been paying a dividend for less than 10 years.

Growing Dividend: LFL.I0000 has only been paying a dividend for 6 years, and since then payments have not increased.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (33.4%), LFL.I0000'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?

7.8yrs

Average management tenure


CEO

Rocky Forget

12.42yrs

Tenure

MU₨130,000

Compensation

Mr. Rocky Forget has been a Managing Director and Executive Director at Livestock Feed Limited since May 6, 2009. Mr. Forget served as a General Manager of Livestock Feeds Ltd. since 1999.Mr. Forget also...


Leadership Team

Experienced Management: LFL.I0000's management team is seasoned and experienced (7.8 years average tenure).


Board Members

Experienced Board: LFL.I0000's board of directors are seasoned and experienced ( 14.5 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

Livestock Feed Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Livestock Feed Limited
  • Ticker: LFL.I0000
  • Exchange: MUSE
  • Founded: 1977
  • Industry: Agricultural Products
  • Sector: Food, Beverage & Tobacco
  • Market Cap: MU₨2.117b
  • Shares outstanding: 94.50m
  • Website: https://www.lfl.mu

Location

  • Livestock Feed Limited
  • Claude Delaitre Road
  • Les Guibies
  • Port Louis
  • Mauritius

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/20 15:25
End of Day Share Price2021/10/20 00:00
Earnings2021/03/31
Annual Earnings2020/06/30


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.