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
|Historical stock prices|
|Current Share Price||MU₨2.05|
|52 Week High||MU₨1.21|
|52 Week Low||MU₨2.30|
|1 Month Change||13.26%|
|3 Month Change||2.50%|
|1 Year Change||57.69%|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||-41.43%|
Recent News & Updates
|LAVA.I0000||MU Real Estate||MU Market|
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.
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
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
|LAVA.I0000 fundamental statistics|
Is LAVA.I0000 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|LAVA.I0000 income statement (TTM)|
|Cost of Revenue||MU₨47.42m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.16|
|Net Profit Margin||-52.84%|
How did LAVA.I0000 perform over the long term?See historical performance and comparison
2.0%Current Dividend Yield
Is Lavastone 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: 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.
How is Lavastone forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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.
How has Lavastone performed over the past 5 years?
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.
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).
What is Lavastone current dividend yield, its reliability and sustainability?
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.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Nicolas Vaudin (48 yo)
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...
Experienced Board: LAVA.I0000's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.
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.
Lavastone Ltd's employee growth, exchange listings and data sources
- 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
- Lavastone Ltd
- 33 Edith Cavell Street
- Mere Barthelemy Street
- Port Louis
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/22 15:51|
|End of Day Share Price||2021/10/22 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.