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LAVA

LavastoneMUSE:LAVA.I0000 Stock Report

Market Cap

MU₨1.4b

7D

1.0%

1Y

57.7%

Updated

22 Oct, 2021

Data

Company Financials
LAVA.I0000 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

LAVA.I0000 Overview

Lavastone Ltd, together with its subsidiaries, acquires, develops, leases, and manages a portfolio of commercial and industrial properties in Mauritius and Rodrigues Island.

Price History & Performance

Summary of all time highs, changes and price drops for Lavastone
Historical stock prices
Current Share PriceMU₨2.05
52 Week HighMU₨1.21
52 Week LowMU₨2.30
Beta0.86
1 Month Change13.26%
3 Month Change2.50%
1 Year Change57.69%
3 Year Changen/a
5 Year Changen/a
Change since IPO-41.43%

Recent News & Updates

Shareholder Returns

LAVA.I0000MU Real EstateMU Market
7D1.0%0.02%0.2%
1Y57.7%6.4%14.4%

Return vs Industry: LAVA.I0000 exceeded the MU Real Estate industry which returned 6.4% over the past year.

Return vs Market: LAVA.I0000 exceeded the MU Market which returned 14.4% over the past year.

Price Volatility

Is LAVA.I0000's price volatile compared to industry and market?
LAVA.I0000 volatility
LAVA.I0000 Beta0.86
Industry Beta0.41
Market Beta1

Stable Share Price: LAVA.I0000 is more volatile than 75% of MU stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: LAVA.I0000's weekly volatility (5%) has been stable over the past year, but is still higher than 75% of MU stocks.

About the Company

FoundedEmployeesCEOWebsite
201234Nicolas Vaudinhttps://www.lavastone.mu

Lavastone Ltd, together with its subsidiaries, acquires, develops, leases, and manages a portfolio of commercial and industrial properties in Mauritius and Rodrigues Island. The company primarily develops residential units for sale. It trades its properties under the Lavastone Properties brand name.

Lavastone Fundamentals Summary

How do Lavastone's earnings and revenue compare to its market cap?
LAVA.I0000 fundamental statistics
Market CapMU₨1.38b
Earnings (TTM)-MU₨111.87m
Revenue (TTM)MU₨211.72m

6.6x

P/S Ratio

-12.5x

P/E Ratio

Is LAVA.I0000 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
LAVA.I0000 income statement (TTM)
RevenueMU₨211.72m
Cost of RevenueMU₨47.42m
Gross ProfitMU₨164.30m
ExpensesMU₨276.18m
Earnings-MU₨111.87m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.16
Gross Margin77.60%
Net Profit Margin-52.84%
Debt/Equity Ratio24.4%

How did LAVA.I0000 perform over the long term?

See historical performance and comparison

Dividends

2.0%

Current Dividend Yield

-24%

Payout Ratio

Valuation

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

31.4%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: LAVA.I0000 (MUR2.05) is trading below our estimate of fair value (MUR2.99)

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


Price To Earnings Ratio

PE vs Industry: LAVA.I0000 is unprofitable, so we can't compare its PE Ratio to the MU Real Estate industry average.

PE vs Market: LAVA.I0000 is unprofitable, so we can't compare its PE Ratio to the MU market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: LAVA.I0000's PB Ratio (0.6x) is in line with the MU Real Estate industry average.


Future Growth

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

37.9%

Forecasted Real Estate 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 Lavastone 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 Lavastone performed over the past 5 years?

-34.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: LAVA.I0000 is currently unprofitable.

Growing Profit Margin: LAVA.I0000 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: LAVA.I0000 is unprofitable, and losses have increased over the past 5 years at a rate of 34.2% per year.

Accelerating Growth: Unable to compare LAVA.I0000's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: LAVA.I0000 is unprofitable, making it difficult to compare its past year earnings growth to the Real Estate industry (-0.5%).


Return on Equity

High ROE: LAVA.I0000 has a negative Return on Equity (-4.13%), as it is currently unprofitable.


Financial Health

How is Lavastone's financial position?


Financial Position Analysis

Short Term Liabilities: LAVA.I0000's short term assets (MUR256.7M) exceed its short term liabilities (MUR102.4M).

Long Term Liabilities: LAVA.I0000's short term assets (MUR256.7M) do not cover its long term liabilities (MUR781.2M).


Debt to Equity History and Analysis

Debt Level: LAVA.I0000's debt to equity ratio (24.4%) is considered satisfactory.

Reducing Debt: LAVA.I0000's debt to equity ratio has increased from 17.2% to 24.4% over the past 5 years.

Debt Coverage: LAVA.I0000's debt is well covered by operating cash flow (26.9%).

Interest Coverage: LAVA.I0000's interest payments on its debt are well covered by EBIT (7.2x coverage).


Balance Sheet


Dividend

What is Lavastone current dividend yield, its reliability and sustainability?

1.95%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: LAVA.I0000's dividend (1.95%) isn’t notable compared to the bottom 25% of dividend payers in the MU market (2.05%).

High Dividend: LAVA.I0000's dividend (1.95%) is low compared to the top 25% of dividend payers in the MU market (3.53%).


Stability and Growth of Payments

Stable Dividend: LAVA.I0000 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: LAVA.I0000 has only been paying a dividend for 2 years, and since then payments have not increased.


Current Payout to Shareholders

Dividend Coverage: LAVA.I0000 is paying a dividend but the company is unprofitable.


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?

2.8yrs

Average board tenure


CEO

Nicolas Vaudin (48 yo)

no data

Tenure

Mr. Nicolas Vaudin has been Managing director & Executive Director at Lavastone Ltd since September 12, 2017. Mr. Vaudin serves as Managing director of Lavastone Properties Ltd. Mr. Vaudin joined the Cim G...


Board Members

Experienced Board: LAVA.I0000's board of directors are not considered experienced ( 2.8 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

Lavastone Ltd's employee growth, exchange listings and data sources


Key Information

  • Name: Lavastone Ltd
  • Ticker: LAVA.I0000
  • Exchange: MUSE
  • Founded: 2012
  • Industry: Real Estate Operating Companies
  • Sector: Real Estate
  • Market Cap: MU₨1.381b
  • Shares outstanding: 680.52m
  • Website: https://www.lavastone.mu

Number of Employees


Location

  • Lavastone Ltd
  • 33 Edith Cavell Street
  • Mere Barthelemy Street
  • Port Louis
  • 11302
  • Mauritius

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/22 15:51
End of Day Share Price2021/10/22 00:00
Earnings2021/06/30
Annual Earnings2020/09/30


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.