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LXFR

Luxfer Holdings NYSE:LXFR Stock Report

Last Price

US$14.70

Market Cap

US$403.0m

7D

-2.3%

1Y

-27.4%

Updated

28 Sep, 2022

Data

Company Financials +
LXFR fundamental analysis
Snowflake Score
Valuation3/6
Future Growth3/6
Past Performance2/6
Financial Health5/6
Dividends2/6

LXFR Stock Overview

Luxfer Holdings PLC, together with its subsidiaries, designs, manufactures, and supplies high-performance materials, components, and high-pressure gas containment devices for defense and emergency response, healthcare, transportation, and general industrial end-market applications.

Luxfer Holdings Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Luxfer Holdings
Historical stock prices
Current Share PriceUS$14.70
52 Week HighUS$23.71
52 Week LowUS$14.09
Beta0.92
1 Month Change-10.91%
3 Month Change-2.78%
1 Year Change-27.37%
3 Year Change-2.46%
5 Year Changen/a
Change since IPO-0.88%

Recent News & Updates

Jul 05

Luxfer Holdings declares $0.13 dividend

Luxfer Holdings (NYSE:LXFR) declares $0.13/share quarterly dividend, in line with previous. Forward yield 3.39% Payable Aug. 3; for shareholders of record July 15; ex-div July 14. See LXFR Dividend Scorecard, Yield Chart, & Dividend Growth.

Shareholder Returns

LXFRUS MachineryUS Market
7D-2.3%-2.5%-2.0%
1Y-27.4%-17.4%-20.3%

Return vs Industry: LXFR underperformed the US Machinery industry which returned -19.9% over the past year.

Return vs Market: LXFR underperformed the US Market which returned -22.1% over the past year.

Price Volatility

Is LXFR's price volatile compared to industry and market?
LXFR volatility
LXFR Average Weekly Movement3.9%
Machinery Industry Average Movement5.4%
Market Average Movement6.9%
10% most volatile stocks in US Market15.8%
10% least volatile stocks in US Market2.8%

Stable Share Price: LXFR is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: LXFR's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
18981,300Andy Butcherhttps://www.luxfer.com

Luxfer Holdings PLC, together with its subsidiaries, designs, manufactures, and supplies high-performance materials, components, and high-pressure gas containment devices for defense and emergency response, healthcare, transportation, and general industrial end-market applications. It operates in two segments, Elektron and Gas Cylinders. The Elektron segment focuses on specialty materials based on magnesium and zirconium.

Luxfer Holdings Fundamentals Summary

How do Luxfer Holdings's earnings and revenue compare to its market cap?
LXFR fundamental statistics
Market CapUS$403.05m
Earnings (TTM)US$26.80m
Revenue (TTM)US$396.40m

15.0x

P/E Ratio

1.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
LXFR income statement (TTM)
RevenueUS$396.40m
Cost of RevenueUS$301.60m
Gross ProfitUS$94.80m
Other ExpensesUS$68.00m
EarningsUS$26.80m

Last Reported Earnings

Jun 26, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.98
Gross Margin23.92%
Net Profit Margin6.76%
Debt/Equity Ratio36.9%

How did LXFR perform over the long term?

See historical performance and comparison

Dividends

3.5%

Current Dividend Yield

52%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is LXFR undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for LXFR?

Other financial metrics that can be useful for relative valuation.

LXFR key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue1.2x
Enterprise Value/EBITDA8.1x
PEG Ratio0.7x

Price to Earnings Ratio vs Peers

How does LXFR's PE Ratio compare to its peers?

LXFR PE Ratio vs Peers
The above table shows the PE ratio for LXFR vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average15.2x
MKFG Markforged Holding
12.3x7.7%US$409.0m
FATH Fathom Digital Manufacturing
1.9x-89.8%US$294.2m
GRC Gorman-Rupp
29.5xn/aUS$646.1m
CMCO Columbus McKinnon
17x31.3%US$771.8m
LXFR Luxfer Holdings
15x22.6%US$403.0m

Price-To-Earnings vs Peers: LXFR is good value based on its Price-To-Earnings Ratio (15x) compared to the peer average (15.2x).


Price to Earnings Ratio vs Industry

How does LXFR's PE Ratio compare vs other companies in the US Machinery Industry?

Price-To-Earnings vs Industry: LXFR is good value based on its Price-To-Earnings Ratio (15x) compared to the US Machinery industry average (18.2x)


Price to Earnings Ratio vs Fair Ratio

What is LXFR's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

LXFR PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio15x
Fair PE Ratio18.4x

Price-To-Earnings vs Fair Ratio: LXFR is good value based on its Price-To-Earnings Ratio (15x) compared to the estimated Fair Price-To-Earnings Ratio (18.4x).


Share Price vs Fair Value

What is the Fair Price of LXFR when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: LXFR ($14.7) is trading above our estimate of fair value ($10.75)

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


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


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Future Growth

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

Future Growth Score

3/6

Future Growth Score 3/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


22.6%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: LXFR's forecast earnings growth (22.6% per year) is above the savings rate (1.9%).

Earnings vs Market: LXFR's earnings (22.6% per year) are forecast to grow faster than the US market (14.8% per year).

High Growth Earnings: LXFR's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: LXFR's revenue (5.5% per year) is forecast to grow slower than the US market (7.6% per year).

High Growth Revenue: LXFR's revenue (5.5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if LXFR's Return on Equity is forecast to be high in 3 years time


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Past Performance

How has Luxfer Holdings performed over the past 5 years?

Past Performance Score

2/6

Past Performance Score 2/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


10.1%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: LXFR has high quality earnings.

Growing Profit Margin: LXFR's current net profit margins (6.8%) are lower than last year (8.6%).


Past Earnings Growth Analysis

Earnings Trend: LXFR's earnings have grown by 10.1% per year over the past 5 years.

Accelerating Growth: LXFR's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: LXFR had negative earnings growth (-8.9%) over the past year, making it difficult to compare to the Machinery industry average (9.4%).


Return on Equity

High ROE: LXFR's Return on Equity (13%) is considered low.


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Financial Health

How is Luxfer Holdings's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: LXFR's short term assets ($194.4M) exceed its short term liabilities ($93.3M).

Long Term Liabilities: LXFR's short term assets ($194.4M) exceed its long term liabilities ($97.4M).


Debt to Equity History and Analysis

Debt Level: LXFR's net debt to equity ratio (34.4%) is considered satisfactory.

Reducing Debt: LXFR's debt to equity ratio has reduced from 97.5% to 36.9% over the past 5 years.

Debt Coverage: LXFR's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: LXFR's interest payments on its debt are well covered by EBIT (14.3x coverage).


Balance Sheet


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Dividend

What is Luxfer Holdings's current dividend yield, its reliability and sustainability?

Dividend Score

2/6

Dividend Score 2/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


3.54%

Current Dividend Yield

Dividend Yield vs Market

Luxfer Holdings Dividend Yield vs Market
How does Luxfer Holdings dividend yield compare to the market?
SegmentDividend Yield
Company (Luxfer Holdings)3.5%
Market Bottom 25% (US)1.6%
Market Top 25% (US)4.6%
Industry Average (Machinery)2.0%
Analyst forecast in 3 Years (Luxfer Holdings)n/a

Notable Dividend: LXFR's dividend (3.54%) is higher than the bottom 25% of dividend payers in the US market (1.67%).

High Dividend: LXFR's dividend (3.54%) is low compared to the top 25% of dividend payers in the US market (4.69%).


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, LXFR has been paying a dividend for less than 10 years.

Growing Dividend: LXFR's dividend payments have increased, but the company has only paid a dividend for 5 years.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (52.5%), LXFR's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: LXFR is paying a dividend but the company has no free cash flows.


Discover strong dividend paying companies

Management

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

2.0yrs

Average management tenure


CEO

Andy Butcher (54 yo)

0.33yr

Tenure

US$966,560

Compensation

Mr. Andrew William John Butcher, also known as Andy, is Chief Executive Officer and Director at Luxfer Holdings PLC from May 06, 2022. He has been President of Luxfer Gas Cylinders North America since 2009...


CEO Compensation Analysis

Andy Butcher's Compensation vs Luxfer Holdings Earnings
How has Andy Butcher's remuneration changed compared to Luxfer Holdings's earnings?
DateTotal Comp.SalaryCompany Earnings
Jun 26 2022n/an/a

US$27m

Mar 27 2022n/an/a

US$29m

Dec 31 2021US$967kUS$362k

US$30m

Sep 26 2021n/an/a

US$33m

Jun 27 2021n/an/a

US$30m

Mar 28 2021n/an/a

US$22m

Dec 31 2020US$654kUS$352k

US$21m

Sep 27 2020n/an/a

US$17m

Jun 28 2020n/an/a

US$21m

Mar 29 2020n/an/a

US$20m

Dec 31 2019US$738kUS$362k

US$9m

Sep 29 2019n/an/a

-US$3m

Jun 30 2019n/an/a

US$3m

Mar 31 2019n/an/a

US$11m

Dec 31 2018US$875kUS$357k

US$28m

Sep 30 2018n/an/a

US$36m

Jul 01 2018n/an/a

US$29m

Apr 01 2018n/an/a

US$20m

Dec 31 2017US$917kUS$355k

US$17m

Sep 30 2017n/an/a

US$17m

Jun 30 2017n/an/a

US$16m

Mar 31 2017n/an/a

US$20m

Dec 31 2016US$761kUS$348k

US$18m

Compensation vs Market: Andy's total compensation ($USD966.56K) is below average for companies of similar size in the US market ($USD2.92M).

Compensation vs Earnings: Andy's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Leadership Team

Experienced Management: LXFR's management team is considered experienced (2 years average tenure).


Board Members

Experienced Board: LXFR's board of directors are not considered experienced ( 2 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: LXFR insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

NYSE:LXFR Recent Insider Transactions by Companies or Individuals
DateValueNameEntityRoleSharesMax Price
29 Jul 22BuyUS$99,932Patrick MullenIndividual6,200US$16.12
25 Feb 22BuyUS$20,346Patrick MullenIndividual1,250US$16.28
29 Nov 21BuyUS$98,950Lisa TrimbergerIndividual5,000US$19.79

Ownership Breakdown

What is the ownership structure of LXFR?
Owner TypeNumber of SharesOwnership Percentage
Individual Insiders619,3372.2%
Hedge Funds2,327,8018.3%
Institutions25,059,58889.5%

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


Top Shareholders

Top 25 shareholders own 90.3% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
9.93%
BlackRock, Inc.
2,722,104$40.0m23.15%no data
8.92%
FMR LLC
2,444,858$35.9m-30.02%no data
8.74%
Wellington Management Group LLP
2,397,015$35.2m-4.44%0.01%
8.49%
Nantahala Capital Management, LLC
2,327,801$34.2m4.27%3.04%
7.31%
Kempen Capital Management N.V.
2,003,961$29.5m0%0.59%
6.29%
Paradice Investment Management Pty Ltd.
1,725,326$25.4m6.41%0.91%
5.57%
William Blair Investment Management, LLC
1,525,986$22.4m-1.47%0.04%
3.72%
American Century Investment Management Inc
1,020,608$15.0m3.12%0.01%
3.66%
Royce & Associates, LP
1,003,016$14.7m-2.29%0.14%
3.65%
DePrince, Race & Zollo, Inc.
1,000,266$14.7m9.91%0.35%
3.07%
AltraVue Capital, LLC
841,830$12.4m-0.48%1.74%
3.04%
Goldman Sachs Group, Investment Banking and Securities Investments
834,574$12.3m-0.8%0.01%
2.32%
State Street Global Advisors, Inc.
637,081$9.4m0.15%no data
2.19%
RobecoSAM AG
600,000$8.8m0%0.08%
2.01%
Geode Capital Management, LLC
551,190$8.1m18.81%no data
1.87%
The Vanguard Group, Inc.
513,659$7.6m0.78%no data
1.51%
Russell Investment Management, LLC
414,697$6.1m98.19%0.01%
1.31%
Oldfield Partners LLP
358,383$5.3m0%0.31%
1.27%
Brunel Pension Partnership
346,878$5.1m0%0.06%
1.05%
Alok Maskara
288,301$4.2m11.08%no data
0.99%
Granahan Investment Management, LLC
272,332$4.0m-44.26%0.13%
0.93%
Northern Trust Global Investments
255,563$3.8m-0.37%no data
0.85%
Citadel Advisors LLC
233,768$3.4m188.94%0.01%
0.84%
Liontrust Asset Management PLC
230,200$3.4m0%0.02%
0.76%
Dimensional Fund Advisors LP
208,212$3.1m96.96%no data

Company Information

Luxfer Holdings PLC's employee growth, exchange listings and data sources


Key Information

  • Name: Luxfer Holdings PLC
  • Ticker: LXFR
  • Exchange: NYSE
  • Founded: 1898
  • Industry: Industrial Machinery
  • Sector: Capital Goods
  • Implied Market Cap: US$403.046m
  • Shares outstanding: 27.42m
  • Website: https://www.luxfer.com

Number of Employees


Location

  • Luxfer Holdings PLC
  • 8989 North Port Washington Road
  • Suite 211
  • Milwaukee
  • Wisconsin
  • 53217
  • United States


Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
LX4ADB (Deutsche Boerse AG)YesOrdinary SharesDEEURDec 2017
LXFRNYSE (New York Stock Exchange)YesOrdinary SharesUSUSDDec 2017

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/09/28 00:00
End of Day Share Price2022/09/28 00:00
Earnings2022/06/26
Annual Earnings2021/12/31


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.