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LMLC

Les Moulins de la Concorde LtéeMUSE:LMLC.I0000 Stock Report

Market Cap

MU₨1.7b

7D

1.3%

1Y

54.3%

Updated

16 Oct, 2021

Data

Company Financials
LMLC.I0000 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance5/6
Financial Health6/6
Dividends2/6

LMLC.I0000 Overview

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

Summary of all time highs, changes and price drops for Les Moulins de la Concorde Ltée
Historical stock prices
Current Share PriceMU₨162.00
52 Week HighMU₨105.00
52 Week LowMU₨193.00
Beta0.35
1 Month Change1.25%
3 Month Change4.52%
1 Year Change54.29%
3 Year Change48.28%
5 Year Change52.11%
Change since IPO475.15%

Recent News & Updates

Shareholder Returns

LMLC.I0000MU FoodMU Market
7D1.3%0.3%-1.0%
1Y54.3%67.5%14.0%

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.

Price Volatility

Is LMLC.I0000's price volatile compared to industry and market?
LMLC.I0000 volatility
LMLC.I0000 Beta0.35
Industry Beta0.32
Market Beta1

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

FoundedEmployeesCEOWebsite
1989n/aJulien Vitry-Audiberthttps://www.lesmoulinsdelaconcorde.com

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

How do Les Moulins de la Concorde Ltée's earnings and revenue compare to its market cap?
LMLC.I0000 fundamental statistics
Market CapMU₨1.75b
Earnings (TTM)MU₨177.31m
Revenue (TTM)MU₨2.11b

9.9x

P/E Ratio

0.8x

P/S Ratio

Is LMLC.I0000 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
LMLC.I0000 income statement (TTM)
RevenueMU₨2.11b
Cost of RevenueMU₨0
Gross ProfitMU₨2.11b
ExpensesMU₨1.94b
EarningsMU₨177.31m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)16.42
Gross Margin100.00%
Net Profit Margin8.39%
Debt/Equity Ratio0.0%

How did LMLC.I0000 perform over the long term?

See historical performance and comparison

Dividends

2.2%

Current Dividend Yield

21%

Payout Ratio

Valuation

Is Les Moulins de la Concorde Ltée undervalued compared to its fair value and its price relative to the market?

7.0%

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.


Future Growth

How is Les Moulins de la Concorde Ltée forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

13.3%

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 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.


Past Performance

How has Les Moulins de la Concorde Ltée performed over the past 5 years?

18.4%

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.


Financial Health

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.


Balance Sheet


Dividend

What is Les Moulins de la Concorde Ltée current dividend yield, its reliability and sustainability?

2.16%

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.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

13.5yrs

Average board tenure


CEO

Julien Vitry-Audibert

1.25yrs

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.


Board Members

Experienced Board: LMLC.I0000's board of directors are seasoned and experienced ( 13.5 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

Les Moulins de la Concorde Ltée's employee growth, exchange listings and data sources


Key Information

  • 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

Location

  • Les Moulins de la Concorde Ltée
  • Cargo Peninsula
  • Quay D
  • Port Louis
  • 11610
  • Mauritius

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/16 12:30
End of Day Share Price2021/10/15 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


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.