Executive Summary
LiveChat Software S.A., an IT company, provides software as a service to support sales and customer services worldwide.
Snowflake
Fundamentals
Flawless balance sheet with proven track record.
Share Price & News
How has LiveChat Software's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
2.9%
LVC
0.4%
PL Software
0.01%
PL Market
1 Year Return
55.8%
LVC
10.3%
PL Software
-3.3%
PL Market
Return vs Industry: LVC exceeded the Polish Software industry which returned 10.3% over the past year.
Return vs Market: LVC exceeded the Polish Market which returned -3.3% over the past year.
Shareholder returns
| LVC | Industry | Market | |
|---|---|---|---|
| 7 Day | 2.9% | 0.4% | 0.01% |
| 30 Day | -1.8% | 0.7% | -1.1% |
| 90 Day | 4.3% | -6.6% | -7.6% |
| 1 Year | 65.9%55.8% | 16.1%10.3% | -0.4%-3.3% |
| 3 Year | -15.1%-26.4% | 1.7%-12.8% | 11.4%3.4% |
| 5 Year | 131.7%91.6% | 58.6%21.5% | -1.0%-12.9% |
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
1 week ago | Simply Wall St
Do Institutions Own LiveChat Software S.A. (WSE:LVC) Shares?3 weeks ago | Simply Wall St
Here's Why I Think LiveChat Software (WSE:LVC) Might Deserve Your Attention Today1 month ago | Simply Wall St
What Does LiveChat Software S.A.'s (WSE:LVC) P/E Ratio Tell You?Valuation
Is LiveChat Software undervalued compared to its fair value and its price relative to the market?
20.9%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: LVC (PLN35.45) is trading below our estimate of fair value (PLN44.83)
Significantly Below Fair Value: LVC is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: LVC is poor value based on its PE Ratio (15.8x) compared to the Software industry average (9.9x).
PE vs Market: LVC is poor value based on its PE Ratio (15.8x) compared to the Polish market (10x).
Price to Earnings Growth Ratio
PEG Ratio: LVC is poor value based on its PEG Ratio (2.3x)
Price to Book Ratio
PB vs Industry: LVC is overvalued based on its PB Ratio (13.2x) compared to the PL Software industry average (2x).
Next Steps
Future Growth
How is LiveChat Software forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
7.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: LVC's forecast earnings growth (7% per year) is above the savings rate (2.9%).
Earnings vs Market: LVC's earnings (7% per year) are forecast to grow slower than the Polish market (10.5% per year).
High Growth Earnings: LVC's earnings are forecast to grow, but not significantly.
Revenue vs Market: LVC's revenue (12.1% per year) is forecast to grow faster than the Polish market (5.9% per year).
High Growth Revenue: LVC's revenue (12.1% 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 (92.5%).
Next Steps
Past Performance
How has LiveChat Software performed over the past 5 years?
27.2%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: LVC's earnings have grown significantly by 27.2% per year over the past 5 years.
Accelerating Growth: LVC's earnings growth over the past year (12.2%) is below its 5-year average (27.2% per year).
Earnings vs Industry: LVC earnings growth over the past year (12.2%) underperformed the Software industry 19%.
Return on Equity
High ROE: LVC's Return on Equity (83.5%) is considered outstanding.
Return on Assets
ROA vs Industry: LVC has a higher Return on Assets than the Software industry average last year.
Return on Capital Employed
ROCE Improving: LVC has improved its Return on Capital Employed over the past 3 years.
Next Steps
Financial Health
How is LiveChat Software's financial position?
Financial Position Analysis
Short Term Liabilities: LVC's short term assets (PLN55.2M) exceeds its short term liabilities (PLN6.0M)
Long Term Liabilities: LVC has no long term liabilities
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
Inventory Level: LVC has a low level of unsold assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if LVC's debt is covered by short term assets.
Next Steps
Dividend
What is LiveChat Software's current dividend yield, its reliability and sustainability?
5.50%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: LVC's dividend (5.5%) is higher than the bottom 25% of dividend payers in the Polish market (2.67%).
High Dividend: LVC's dividend (5.5%) is low compared to the top 25% of dividend payers in the Polish market (7.37%).
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 5 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (87%), LVC's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: LVC's dividends in 3 years are forecast to be covered by earnings (89.4% payout ratio).
Next Steps
Management
What is the CEO of LiveChat Software's salary, the management and board of directors tenure and is there insider trading?
CEO
Mariusz Cieply 0
0yrs
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 ...
CEO Compensation Analysis
Compensation vs. Market: Mariusz's total compensation ($USD0.00) is too low to compare against companies of similar size in the Polish market ($USD0.00).
Compensation vs Earnings: Mariusz's compensation has been consistent with company performance over the past year.
Insider Trading
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Management Team
Mariusz Cieply
President of the Management Board & CEO
- Tenure: 0yrs
Urszula Jarzebowska
CFO & Member of Management Board
- Tenure: 0yrs
Szymon Klimczak
- Tenure: 12yrs
- Compensation: zł144.00k
Bartosz Olchówka
Head of Development
- Tenure: 0yrs
Piotr Bednarek
Head of Customer Support
- Tenure: 0yrs
Board Members
Marcin Mandziak
Member of the Supervisory Board
- Tenure: 0yrs
Maciej Jarzebowski
Chairman of Supervisory Board
- Tenure: 0yrs
Jakub Sitarz
Member of Supervisory Board
- Tenure: 0yrs
- Compensation: zł96.00k
Michal Markowski
Member of the Supervisory Board
- Tenure: 0yrs
Marta Ciepla
Member of the Supervisory Board
- Tenure: 0yrs
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: zł912.838m
- 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 |
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 ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/20 21:24 |
| End of Day Share Price | 2019/10/18 00:00 |
| Earnings | 2019/06/30 |
| 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.