WSE:LBT

Stock Analysis Report

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Executive Summary

Libet S.A. manufactures and sells sett and other concrete surfacing materials in Poland. More Details


Snowflake Analysis

Fair value with mediocre balance sheet.

Share Price & News

How has Libet's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: LBT is not significantly more volatile than the rest of Polish stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: LBT's weekly volatility has decreased from 11% to 6% over the past year.


Market Performance


7 Day Return

-1.6%

LBT

10.3%

PL Basic Materials

-0.9%

PL Market


1 Year Return

351.9%

LBT

150.5%

PL Basic Materials

0.4%

PL Market

Return vs Industry: LBT exceeded the Polish Basic Materials industry which returned 145.3% over the past year.

Return vs Market: LBT exceeded the Polish Market which returned 0.3% over the past year.


Shareholder returns

LBTIndustryMarket
7 Day-1.6%10.3%-0.9%
30 Day1.7%11.7%2.5%
90 Day14.0%56.9%16.0%
1 Year351.9%351.9%156.8%150.5%1.3%0.4%
3 Year41.0%41.0%98.0%86.8%-13.3%-18.6%
5 Year57.4%57.4%147.9%120.1%21.6%7.8%

Long-Term Price Volatility Vs. Market

How volatile is Libet's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

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

21.0%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: LBT (PLN2.44) is trading below our estimate of fair value (PLN3.09)

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


Price To Earnings Ratio

PE vs Industry: LBT is poor value based on its PE Ratio (40.2x) compared to the PL Basic Materials industry average (9.5x).

PE vs Market: LBT is poor value based on its PE Ratio (40.2x) compared to the Polish market (13.7x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: LBT is good value based on its PB Ratio (0.8x) compared to the PL Basic Materials industry average (1.1x).


Next Steps

Future Growth

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

22.0%

Forecasted Materials 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 Libet 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.


Next Steps

Past Performance

How has Libet performed over the past 5 years?

16.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: LBT has a large one-off gain of PLN13.6M impacting its September 30 2020 financial results.

Growing Profit Margin: LBT became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: LBT has become profitable over the past 5 years, growing earnings by 16.2% per year.

Accelerating Growth: LBT has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: LBT has become profitable in the last year, making it difficult to compare its past year earnings growth to the Basic Materials industry (-7.8%).


Return on Equity

High ROE: LBT's Return on Equity (2.1%) is considered low.


Next Steps

Financial Health

How is Libet's financial position?


Financial Position Analysis

Short Term Liabilities: LBT's short term assets (PLN90.4M) do not cover its short term liabilities (PLN153.7M).

Long Term Liabilities: LBT's short term assets (PLN90.4M) exceed its long term liabilities (PLN36.6M).


Debt to Equity History and Analysis

Debt Level: LBT's debt to equity ratio (44.9%) is considered high.

Reducing Debt: LBT's debt to equity ratio has reduced from 48.9% to 44.9% over the past 5 years.

Debt Coverage: LBT's debt is well covered by operating cash flow (32.3%).

Interest Coverage: Insufficient data to determine if LBT's interest payments on its debt are well covered by EBIT.


Balance Sheet


Next Steps

Dividend

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


Dividend Yield vs Market

Notable Dividend: Unable to evaluate LBT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate LBT's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if LBT's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if LBT's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: LBT is not paying a notable dividend for the Polish market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of LBT's dividend in 3 years as they are not forecast to pay a notable one for the Polish market.


Next Steps

Management

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

5.3yrs

Average board tenure


CEO

Thomas Lehmann

no data

Tenure

zł834,900

Compensation

Mr. Thomas Lehmann serves as the President of Management Board and Managing Director at Libet S.A. Mr. Lehmann served as Chief Executive Director of Libet Spolka Akcyjna.


Board Members

NamePositionTenureCompensationOwnership
Maciej Matusiak
Independent Member of the Supervisory Boardno datazł60.60kno data
Jerzy Gabrielczyk
Chairman of Supervisory Board6.08yrszł72.00kno data
Slawomir Najnigier
Member of Supervisory Boardno datazł60.10kno data
Piotr Lyskawa
Member of the Supervisory Board5.25yrszł60.00kno data
Grzegorz Warzocha
Independent Member of the Supervisory Boardno datazł61.10kno data
Michal Hulbój
Member of Supervisory Board1.58yrszł26.20kno data

5.3yrs

Average Tenure

Experienced Board: LBT's board of directors are considered experienced (5.3 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

Libet S.A.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Libet S.A.
  • Ticker: LBT
  • Exchange: WSE
  • Founded: NaN
  • Industry: Construction Materials
  • Sector: Materials
  • Market Cap: zł120.000m
  • Shares outstanding: 50.00m
  • Website: https://www.libet.pl

Number of Employees


Location

  • Libet S.A.
  • ul. Powstanców Slaskich 5
  • Wroclaw
  • 53-332
  • Poland

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
LBTWSE (Warsaw Stock Exchange)YesCommon Bearer SharesPLPLNApr 2011
0Q3ZLSE (London Stock Exchange)YesCommon Bearer SharesGBPLNApr 2011

Biography

Libet S.A. manufactures and sells sett and other concrete surfacing materials in Poland. The company’s products include pavement blocks, blasted-brushed surfaces, upholstered surfaces, washed surfaces, sin...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/22 18:04
End of Day Share Price2021/01/22 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


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.