NYSE:LDL

Stock Analysis Report

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Executive Summary

Lydall, Inc. designs, manufactures, and markets specialty engineered filtration media, industrial thermal insulating solutions, and automotive thermal and acoustical barriers for filtration/separation and thermal/acoustical applications worldwide. More Details


Snowflake Analysis

Mediocre balance sheet with moderate growth potential.


Similar Companies

Share Price & News

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


Latest Share Price and Events

Stable Share Price: LDL is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: LDL's weekly volatility (9%) has been stable over the past year.


Market Performance


7 Day Return

6.5%

LDL

-2.4%

US Machinery

0.9%

US Market


1 Year Return

57.0%

LDL

18.2%

US Machinery

22.1%

US Market

Return vs Industry: LDL exceeded the US Machinery industry which returned 18.2% over the past year.

Return vs Market: LDL exceeded the US Market which returned 22.1% over the past year.


Shareholder returns

LDLIndustryMarket
7 Day6.5%-2.4%0.9%
30 Day55.6%6.4%10.2%
90 Day58.5%13.3%9.7%
1 Year57.0%57.0%21.3%18.2%24.8%22.1%
3 Year-42.4%-42.4%29.3%20.0%48.6%38.7%
5 Year-11.8%-11.8%129.0%103.3%99.6%77.6%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

2.13x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: LDL ($29.87) is trading above our estimate of fair value ($9.65)

Significantly Below Fair Value: LDL is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: LDL is unprofitable, so we can't compare its PE Ratio to the US Machinery industry average.

PE vs Market: LDL is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: LDL is good value based on its PB Ratio (2.1x) compared to the US Machinery industry average (2.7x).


Next Steps

Future Growth

How is Lydall forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

109.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: LDL is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.2%).

Earnings vs Market: LDL is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: LDL's is expected to become profitable in the next 3 years.

Revenue vs Market: LDL's revenue (9.9% per year) is forecast to grow slower than the US market (10.2% per year).

High Growth Revenue: LDL's revenue (9.9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: LDL's Return on Equity is forecast to be low in 3 years time (7.2%).


Next Steps

Past Performance

How has Lydall performed over the past 5 years?

-59.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: LDL is currently unprofitable.

Growing Profit Margin: LDL is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: LDL is unprofitable, and losses have increased over the past 5 years at a rate of 59% per year.

Accelerating Growth: Unable to compare LDL's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: LDL is unprofitable, making it difficult to compare its past year earnings growth to the Machinery industry (-15.4%).


Return on Equity

High ROE: LDL has a negative Return on Equity (-58.17%), as it is currently unprofitable.


Next Steps

Financial Health

How is Lydall's financial position?


Financial Position Analysis

Short Term Liabilities: LDL's short term assets ($354.9M) exceed its short term liabilities ($185.8M).

Long Term Liabilities: LDL's short term assets ($354.9M) exceed its long term liabilities ($339.6M).


Debt to Equity History and Analysis

Debt Level: LDL's debt to equity ratio (116.4%) is considered high.

Reducing Debt: LDL's debt to equity ratio has increased from 16.3% to 116.4% over the past 5 years.

Debt Coverage: LDL's debt is well covered by operating cash flow (34.1%).

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


Balance Sheet


Next Steps

Dividend

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


Dividend Yield vs Market

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

High Dividend: Unable to evaluate LDL'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 LDL's dividends per share have been stable in the past.

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


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

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


Next Steps

Management

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

1.2yrs

Average management tenure


CEO

Sara Greenstein (45 yo)

1.08yrs

Tenure

US$4,174,579

Compensation

Ms. Sara A. Greenstein has been Chief Executive Officer, President and Director of Lydall, Inc. since November 18, 2019. Ms. Greenstein serves as a member of the Board of Directors at Briggs & Stratton Cor...


CEO Compensation Analysis

Compensation vs Market: Sara's total compensation ($USD4.17M) is above average for companies of similar size in the US market ($USD1.79M).

Compensation vs Earnings: Insufficient data to compare Sara's compensation with company performance.


Leadership Team

NamePositionTenureCompensationOwnership
Sara Greenstein
President1.08yrsUS$4.17mno data
Randall Gonzales
Executive VP & CFO2.75yrsUS$648.25k0.33%
$ 1.8m
Chad McDaniel
Executive VP5.58yrsUS$1.01m0.33%
$ 1.8m
John Tedone
VP of Finance & Chief Accounting Officer0.58yrno data0.073%
$ 385.0k
Brendan Moynihan
Vice President of Financial Planning & Investor Relations2.92yrsno datano data
David Glenn
President of Lydall Thermal Acoustical Solutions0.083yrno datano data
Robert Junker
President of Lydall Thermal Acoustical Solutions1.17yrsno data0.15%
$ 772.2k
Ashish Diwanji
President of Lydall Performance Materials Inc.0.92yrno data0.16%
$ 859.4k
William Feld
GM of Lydall Thermal/Acoustical - Fibers & VP6.83yrsno datano data

1.2yrs

Average Tenure

49.5yo

Average Age

Experienced Management: LDL's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Sara Greenstein
President1.08yrsUS$4.17mno data
Kathleen Burdett
Independent Director17.5yrsUS$168.51k0.24%
$ 1.3m
S. Soderstrom
Independent Director17.5yrsUS$158.01k0.19%
$ 1.0m
Suzanne Hammett
Independent Director20.92yrsUS$163.51k0.23%
$ 1.2m
David Bills
Independent Director2.67yrsUS$144.01k0.12%
$ 651.0k
Marc Giles
Independent Chairman of the Board3.67yrsUS$205.51k0.19%
$ 985.4k
Matthew Farrell
Independent Director17.33yrsUS$151.01k0.44%
$ 2.3m
James Cannon
Independent Non-Executive Director3.67yrsUS$142.01k0.073%
$ 388.6k

10.5yrs

Average Tenure

64yo

Average Age

Experienced Board: LDL's board of directors are seasoned and experienced ( 10.5 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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Lydall, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Lydall, Inc.
  • Ticker: LDL
  • Exchange: NYSE
  • Founded: 1879
  • Industry: Industrial Machinery
  • Sector: Capital Goods
  • Market Cap: US$529.698m
  • Shares outstanding: 17.73m
  • Website: https://www.lydall.com

Number of Employees


Location

  • Lydall, Inc.
  • One Colonial Road
  • Manchester
  • Connecticut
  • 6042
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
LDLNYSE (New York Stock Exchange)YesCommon StockUSUSDSep 1973
LY7DB (Deutsche Boerse AG)YesCommon StockDEEURSep 1973

Biography

Lydall, Inc. designs, manufactures, and markets specialty engineered filtration media, industrial thermal insulating solutions, and automotive thermal and acoustical barriers for filtration/separation and ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/12/04 23:42
End of Day Share Price2020/12/04 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.