Les Moulins de la Concorde Ltée, together with its subsidiaries, produces and sells wheat flour and bakery products in Mauritius, Dubai, Comoros, Madagascar, Mayotte, Reunion, and Seychelles.
Price History & Performance
|Historical stock prices|
|Current Share Price||MU₨162.00|
|52 Week High||MU₨105.00|
|52 Week Low||MU₨193.00|
|1 Month Change||1.25%|
|3 Month Change||4.52%|
|1 Year Change||54.29%|
|3 Year Change||48.28%|
|5 Year Change||52.11%|
|Change since IPO||475.15%|
Recent News & Updates
|LMLC.I0000||MU Food||MU Market|
Return vs Industry: LMLC.I0000 underperformed the MU Food industry which returned 67.5% over the past year.
Return vs Market: LMLC.I0000 exceeded the MU Market which returned 14% over the past year.
Stable Share Price: LMLC.I0000 is less volatile than 75% of MU stocks over the past 3 months, typically moving +/- 1% a week.
Volatility Over Time: LMLC.I0000's weekly volatility has decreased from 16% to 1% over the past year.
About the Company
Les Moulins de la Concorde Ltée, together with its subsidiaries, produces and sells wheat flour and bakery products in Mauritius, Dubai, Comoros, Madagascar, Mayotte, Reunion, and Seychelles. It also produces unbaked frozen products, as well as provides animal feed. The company sells its products under the Blédor, Les Moulins, Domix, Optimal, Concorde, and Farine des Alizés brands.
Les Moulins de la Concorde Ltée Fundamentals Summary
|LMLC.I0000 fundamental statistics|
Is LMLC.I0000 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|LMLC.I0000 income statement (TTM)|
|Cost of Revenue||MU₨0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||16.42|
|Net Profit Margin||8.39%|
How did LMLC.I0000 perform over the long term?See historical performance and comparison
2.2%Current Dividend Yield
Is Les Moulins de la Concorde Ltée undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: LMLC.I0000 (MUR162) is trading below our estimate of fair value (MUR174.19)
Significantly Below Fair Value: LMLC.I0000 is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: LMLC.I0000 is good value based on its PE Ratio (9.9x) compared to the MU Food industry average (12.6x).
PE vs Market: LMLC.I0000 is good value based on its PE Ratio (9.9x) compared to the MU market (14.4x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate LMLC.I0000's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: LMLC.I0000's PB Ratio (0.9x) is in line with the MU Food industry average.
How is Les Moulins de la Concorde Ltée forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 Les Moulins de la Concorde Ltée 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.
How has Les Moulins de la Concorde Ltée performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: LMLC.I0000 has high quality earnings.
Growing Profit Margin: LMLC.I0000's current net profit margins (8.4%) are higher than last year (6.5%).
Past Earnings Growth Analysis
Earnings Trend: LMLC.I0000's earnings have grown by 18.4% per year over the past 5 years.
Accelerating Growth: LMLC.I0000's earnings growth over the past year (31.4%) exceeds its 5-year average (18.4% per year).
Earnings vs Industry: LMLC.I0000 earnings growth over the past year (31.4%) exceeded the Food industry 8%.
Return on Equity
High ROE: LMLC.I0000's Return on Equity (9.3%) is considered low.
How is Les Moulins de la Concorde Ltée's financial position?
Financial Position Analysis
Short Term Liabilities: LMLC.I0000's short term assets (MUR964.5M) exceed its short term liabilities (MUR350.9M).
Long Term Liabilities: LMLC.I0000's short term assets (MUR964.5M) exceed its long term liabilities (MUR347.6M).
Debt to Equity History and Analysis
Debt Level: LMLC.I0000 is debt free.
Reducing Debt: LMLC.I0000 had no debt 5 years ago.
Debt Coverage: LMLC.I0000 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: LMLC.I0000 has no debt, therefore coverage of interest payments is not a concern.
What is Les Moulins de la Concorde Ltée current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: LMLC.I0000's dividend (2.16%) is higher than the bottom 25% of dividend payers in the MU market (2.11%).
High Dividend: LMLC.I0000's dividend (2.16%) is low compared to the top 25% of dividend payers in the MU market (3.69%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, LMLC.I0000 has been paying a dividend for less than 10 years.
Growing Dividend: LMLC.I0000 has only been paying a dividend for 2 years, and since then payments have not increased.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (21.3%), LMLC.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.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Mr. Julien Vitry-Audibert is General Manager of Les Moulins de la Concorde Ltée from July 1, 2020. Mr. Audibert joined the Les Moulins de la Concorde Ltée in June 2020.
Experienced Board: LMLC.I0000's board of directors are seasoned and experienced ( 13.5 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Les Moulins de la Concorde Ltée's employee growth, exchange listings and data sources
- Name: Les Moulins de la Concorde Ltée
- Ticker: LMLC.I0000
- Exchange: MUSE
- Founded: 1989
- Industry: Packaged Foods and Meats
- Sector: Food, Beverage & Tobacco
- Market Cap: MU₨1.750b
- Shares outstanding: 10.80m
- Website: https://www.lesmoulinsdelaconcorde.com
- Les Moulins de la Concorde Ltée
- Cargo Peninsula
- Quay D
- Port Louis
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/16 12:30|
|End of Day Share Price||2021/10/15 00:00|
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.