Executive Summary
LiveChat Software S.A. develops and distributes software-as-a-service products for business-to-consumer and business-to-business text-based communications worldwide. More Details
Rewards
Risk Analysis
Snowflake Analysis
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
Stable Share Price: LVC is not significantly more volatile than the rest of Polish stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: LVC's weekly volatility (5%) has been stable over the past year.
Market Performance
7 Day Return
1.3%
LVC
3.4%
PL Software
2.0%
PL Market
1 Year Return
177.3%
LVC
56.7%
PL Software
39.2%
PL Market
Return vs Industry: LVC exceeded the Polish Software industry which returned 56.7% over the past year.
Return vs Market: LVC exceeded the Polish Market which returned 39.2% over the past year.
Shareholder returns
| LVC | Industry | Market | |
|---|---|---|---|
| 7 Day | 1.3% | 3.4% | 2.0% |
| 30 Day | 4.4% | 3.8% | 0.5% |
| 90 Day | 20.3% | 9.9% | -1.3% |
| 1 Year | 185.5%177.3% | 62.6%56.7% | 40.7%39.2% |
| 3 Year | 275.7%223.6% | 100.0%75.5% | 0.6%-5.5% |
| 5 Year | 287.7%214.7% | 105.1%61.6% | 19.5%5.9% |
Long-Term 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 weeks ago | Simply Wall St
Did You Participate In Any Of LiveChat Software's (WSE:LVC) Incredible 301% Return?1 month ago | Simply Wall St
Does LiveChat Software S.A. (WSE:LVC) Have A Place In Your Dividend Portfolio?1 month ago | Simply Wall St
LiveChat Software (WSE:LVC) Is Growing Earnings But Are They A Good Guide?Valuation
Is LiveChat Software undervalued compared to its fair value and its price relative to the market?
32.1x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: LVC (PLN127) is trading above our estimate of fair value (PLN97.58)
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 (32.1x) compared to the PL Software industry average (28.4x).
PE vs Market: LVC is poor value based on its PE Ratio (32.1x) compared to the Polish market (16.2x).
Price to Earnings Growth Ratio
PEG Ratio: LVC is poor value based on its PEG Ratio (2.6x)
Price to Book Ratio
PB vs Industry: LVC is overvalued based on its PB Ratio (31.8x) compared to the PL Software industry average (6.2x).
Future Growth
How is LiveChat Software forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
12.6%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: LVC's forecast earnings growth (12.6% per year) is above the savings rate (2.7%).
Earnings vs Market: LVC's earnings (12.6% per year) are forecast to grow slower than the Polish market (22% per year).
High Growth Earnings: LVC's earnings are forecast to grow, but not significantly.
Revenue vs Market: LVC's revenue (8.7% per year) is forecast to grow faster than the Polish market (6.8% per year).
High Growth Revenue: LVC's revenue (8.7% 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 (81.7%).
Past Performance
How has LiveChat Software performed over the past 5 years?
22.6%
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 (61%) are higher than last year (50%).
Past Earnings Growth Analysis
Earnings Trend: LVC's earnings have grown significantly by 22.6% per year over the past 5 years.
Accelerating Growth: LVC's earnings growth over the past year (63.7%) exceeds its 5-year average (22.6% per year).
Earnings vs Industry: LVC earnings growth over the past year (63.7%) underperformed the Software industry 80.8%.
Return on Equity
High ROE: LVC's Return on Equity (99.2%) is considered outstanding.
Financial Health
How is LiveChat Software's financial position?
Financial Position Analysis
Short Term Liabilities: LVC's short term assets (PLN77.2M) exceed its short term liabilities (PLN8.8M).
Long Term Liabilities: LVC's short term assets (PLN77.2M) exceed its long term liabilities (PLN1.7M).
Debt to Equity History and Analysis
Debt Level: LVC is debt free.
Reducing Debt: LVC had no debt 5 years ago.
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
Dividend
What is LiveChat Software current dividend yield, its reliability and sustainability?
1.95%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: LVC's dividend (1.95%) is higher than the bottom 25% of dividend payers in the Polish market (1.43%).
High Dividend: LVC's dividend (1.95%) is low compared to the top 25% of dividend payers in the Polish market (5.14%).
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 7 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (32.4%), LVC's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: LVC's dividends in 3 years are forecast to be covered by earnings (80.7% 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 founded LIVECHAT Software S.A., in 2002 and serves as its Chief Executive Officer. Mr. Cieply is LiveChat’s product lead and evangelizer, driving product creation that is changing the fa...
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: zł3.270b
- Shares outstanding: 25.75m
- Website: https://investor.livechatinc.com
Number of Employees
Location
- LiveChat Software S.A.
- ul. Zwycieska 47
- Wroclaw
- 53-033
- Poland
Listings
Biography
LiveChat Software S.A. develops and distributes software-as-a-service products for business-to-consumer and business-to-business text-based communications worldwide. It offers LiveChat, a tool that allows ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/04/11 17:14 |
| End of Day Share Price | 2021/04/09 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/03/31 |
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.