Executive Summary
LiveChat Software S.A., an IT company, provides software as a service to support sales and customer services worldwide.
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet with moderate growth potential.
Share Price & News
How has LiveChat Software's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: LVC has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
6.8%
LVC
1.1%
PL Software
5.1%
PL Market
1 Year Return
47.1%
LVC
5.8%
PL Software
-30.0%
PL Market
Return vs Industry: LVC exceeded the Polish Software industry which returned 5.7% over the past year.
Return vs Market: LVC exceeded the Polish Market which returned -33.2% over the past year.
Shareholder returns
| LVC | Industry | Market | |
|---|---|---|---|
| 7 Day | 6.8% | 1.1% | 5.1% |
| 30 Day | 2.5% | -3.7% | -9.5% |
| 90 Day | 4.3% | -7.5% | -23.4% |
| 1 Year | 55.4%47.1% | 11.2%5.8% | -28.0%-30.0% |
| 3 Year | -3.6%-17.6% | 10.9%-5.2% | -28.3%-33.4% |
| 5 Year | 81.0%47.6% | 36.1%6.2% | -26.0%-35.5% |
Price Volatility Vs. Market
How volatile is LiveChat Software's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 days ago | Simply Wall St
LiveChat Software's (WSE:LVC) Earnings Are Growing But Is There More To The Story?3 weeks ago | Simply Wall St
Did Changing Sentiment Drive LiveChat Software's (WSE:LVC) Share Price Down By 37%?1 month ago | Simply Wall St
If You Like EPS Growth Then Check Out LiveChat Software (WSE:LVC) Before It's Too LateValuation
Is LiveChat Software undervalued compared to its fair value and its price relative to the market?
18.67x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: LVC (PLN44) is trading above our estimate of fair value (PLN38.1)
Significantly Below Fair Value: LVC is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: LVC is poor value based on its PE Ratio (18.3x) compared to the Software industry average (14.3x).
PE vs Market: LVC is poor value based on its PE Ratio (18.3x) compared to the Polish market (9.3x).
Price to Earnings Growth Ratio
PEG Ratio: LVC is poor value based on its PEG Ratio (2.4x)
Price to Book Ratio
PB vs Industry: LVC is overvalued based on its PB Ratio (17.5x) compared to the PL Software industry average (2.6x).
Next Steps
Future Growth
How is LiveChat Software forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
7.5%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: LVC's forecast earnings growth (7.5% per year) is above the savings rate (2%).
Earnings vs Market: LVC's earnings (7.5% per year) are forecast to grow slower than the Polish market (11.8% per year).
High Growth Earnings: LVC's earnings are forecast to grow, but not significantly.
Revenue vs Market: LVC's revenue (6.7% per year) is forecast to grow faster than the Polish market (4.5% per year).
High Growth Revenue: LVC's revenue (6.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: LVC's Return on Equity is forecast to be very high in 3 years time (102.3%).
Next Steps
Past Performance
How has LiveChat Software performed over the past 5 years?
22.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: LVC has a high level of non-cash earnings.
Growing Profit Margin: LVC's current net profit margins (49.9%) are lower than last year (53.3%).
Past Earnings Growth Analysis
Earnings Trend: LVC's earnings have grown significantly by 22.8% per year over the past 5 years.
Accelerating Growth: LVC's earnings growth over the past year (13.1%) is below its 5-year average (22.8% per year).
Earnings vs Industry: LVC earnings growth over the past year (13.1%) exceeded the Software industry 6.8%.
Return on Equity
High ROE: LVC's Return on Equity (95.8%) is considered outstanding.
Next Steps
Financial Health
How is LiveChat Software's financial position?
Financial Position Analysis
Short Term Liabilities: LVC's short term assets (PLN46.9M) exceed its short term liabilities (PLN5.1M).
Long Term Liabilities: LVC's short term assets (PLN46.9M) exceed its long term liabilities (PLN3.8M).
Debt to Equity History and Analysis
Debt Level: LVC is debt free.
Reducing Debt: LVC has not had any debt for past 5 years.
Debt Coverage: LVC has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: LVC has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Next Steps
Dividend
What is LiveChat Software's current dividend yield, its reliability and sustainability?
4.33%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: LVC's dividend (4.43%) is higher than the bottom 25% of dividend payers in the Polish market (3.11%).
High Dividend: LVC's dividend (4.43%) is low compared to the top 25% of dividend payers in the Polish market (8.88%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, LVC has been paying a dividend for less than 10 years.
Growing Dividend: LVC's dividend payments have increased, but the company has only paid a dividend for 6 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (36.1%), LVC's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: LVC's dividends in 3 years are not forecast to be well covered by earnings (100.1% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
CEO
Mariusz Cieply
no data
Tenure
Mr. Mariusz Cieply serves as a Founder at LIVECHAT Software Spólka Akcyjna in 2002 and serves as its Chief Executive Officer. Mr. Cieply is LiveChat’s product lead and evangelizer, driving product creation ...
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
LiveChat Software S.A.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: LiveChat Software S.A.
- Ticker: LVC
- Exchange: WSE
- Founded: 2002
- Industry: Application Software
- Sector: Software
- Market Cap: zł1.159b
- Shares outstanding: 25.75m
- Website: https://investor.livechatinc.com
Location
- LiveChat Software S.A.
- ul. Zwycieska 47
- Wroclaw
- 53-033
- Poland
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| LVC | WSE (Warsaw Stock Exchange) | Yes | Common Bearer Shares | PL | PLN | Apr 2014 |
| 0QTE | LSE (London Stock Exchange) | Yes | Common Bearer Shares | GB | PLN | Apr 2014 |
Biography
LiveChat Software S.A., an IT company, provides software as a service to support sales and customer services worldwide. It offers LiveChat, a tool that allows to communicate between Website visitor and its owner; ChatBot, which allows the creation of conversational chatbots to handle various business scenarios that automates corporate communications and improves the effectiveness of customer service teams by addressing repeatable customer inquiries; KnowledgeBase, a platform that lets companies create their own knowledge bases, which can be accessed by both employees and clients; and HelpDesk, an application that enables companies to simplify team efforts for customer service via email. The company was founded in 2002 and is based in Wroclaw, Poland.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/04/07 23:56 |
| End of Day Share Price | 2020/04/07 00:00 |
| Earnings | 2019/12/31 |
| Annual Earnings | 2019/03/31 |
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.