NasdaqGM:LAKE

Stock Analysis Report

Executive Summary

Lakeland Industries, Inc. manufactures and sells industrial protective clothing and accessories for the industrial and public protective clothing market worldwide.

Snowflake

Fundamentals

Adequate balance sheet and fair value.


Similar Companies

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

-1.6%

LAKE

1.7%

US Luxury

0.07%

US Market


1 Year Return

-16.9%

LAKE

16.6%

US Luxury

8.9%

US Market

Return vs Industry: LAKE underperformed the US Luxury industry which returned 16.6% over the past year.

Return vs Market: LAKE underperformed the US Market which returned 8.9% over the past year.


Shareholder returns

LAKEIndustryMarket
7 Day-1.6%1.7%0.07%
30 Day-8.1%8.7%-0.3%
90 Day10.1%4.0%-1.6%
1 Year-16.9%-16.9%19.0%16.6%11.3%8.9%
3 Year10.1%10.1%61.7%54.4%46.3%36.8%
5 Year-9.6%-9.6%53.0%43.0%62.1%44.3%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: LAKE ($11.06) is trading below our estimate of fair value ($66.37)

Significantly Below Fair Value: LAKE is trading below fair value by more than 20%.


Price To Earnings Ratio

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

PE vs Market: LAKE 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 LAKE's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: LAKE is good value based on its PB Ratio (1.1x) compared to the US Luxury industry average (1.6x).


Next Steps

Future Growth

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

111.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: LAKE is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: LAKE is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: LAKE is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: LAKE's revenue (3% per year) is forecast to grow slower than the US market (7.2% per year).

High Growth Revenue: LAKE's revenue (3% 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 LAKE's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Lakeland Industries performed over the past 5 years?

-34.7%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: LAKE is unprofitable, and losses have increased over the past 5 years at a rate of -34.7% per year.

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

Earnings vs Industry: LAKE is unprofitable, making it difficult to compare its past year earnings growth to the Luxury industry (23.4%).


Return on Equity

High ROE: LAKE has a negative Return on Equity (-0.59%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: LAKE is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: LAKE is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is Lakeland Industries's financial position?


Financial Position Analysis

Short Term Liabilities: LAKE's short term assets ($80.0M) exceeds its short term liabilities ($14.6M)

Long Term Liabilities: LAKE's short term assets (80.0M) exceeds its long term liabilities (3.2M)


Debt to Equity History and Analysis

Debt Level: LAKE's debt to equity ratio (2.5%) is considered satisfactory

Reducing Debt: LAKE's debt to equity ratio has reduced from 43.7% to 2.5% over the past 5 years.


Balance Sheet

Inventory Level: LAKE has a high level of physical assets or inventory.

Debt Coverage by Assets: LAKE's debt is covered by short term assets (assets are 38.727970x debt).


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Insufficient data to determine if LAKE has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if LAKE has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

What is Lakeland Industries's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.4%markettop25%3.7%industryaverage1.4%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

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

High Dividend: Unable to evaluate LAKE's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if LAKE's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if LAKE'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 LAKE's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

What is the CEO of Lakeland Industries's salary, the management and board of directors tenure and is there insider trading?

1.9yrs

Average management tenure


CEO

Christopher Ryan (67yo)

15.9yrs

Tenure

US$771,265

Compensation

Mr. Christopher J. Ryan has been the Chief Executive Officer and President of Lakeland Industries, Inc. since November 2003 and has been its Secretary since April 1991. Mr. Ryan served as an Executive Vice ...


CEO Compensation Analysis

Compensation vs. Market: Christopher's total compensation ($USD771.27K) is about average for companies of similar size in the US market ($USD509.30K).

Compensation vs Earnings: Christopher's compensation has been consistent with company performance over the past year.


Management Age and Tenure

1.9yrs

Average Tenure

57.5yo

Average Age

Experienced Management: LAKE's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.


Board Age and Tenure

3.3yrs

Average Tenure

66yo

Average Age

Experienced Board: LAKE's board of directors are considered experienced (3.3 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

SellUS$62,32007 Jan 19
Thomas McAteer
EntityIndividual
Role
Member of the Board of Directors
Director
Shares5,889
Max PriceUS$10.77
SellUS$1,16307 Jan 19
Thomas McAteer
EntityIndividual
Role
Member of the Board of Directors
Director
Shares111
Max PriceUS$10.48

Ownership Breakdown


Management Team

  • Allen Dillard (59yo)

    Chief Financial Officer

    • Tenure: 0.2yrs
  • Christopher Ryan (67yo)

    CEO, President

    • Tenure: 15.9yrs
    • Compensation: US$771.27k
  • Charles Roberson (56yo)

    Chief Operating Officer

    • Tenure: 1.3yrs
    • Compensation: US$366.46k
  • Dan Edwards (52yo)

    Senior Vice President of Sales - North America

    • Tenure: 2.6yrs

Board Members

  • Christopher Ryan (67yo)

    CEO, President

    • Tenure: 15.9yrs
    • Compensation: US$771.27k
  • Jeff Schlarbaum (53yo)

    Director

    • Tenure: 2.3yrs
    • Compensation: US$125.00k
  • Alfred Kreft (68yo)

    Chairman of the Board

    • Tenure: 3.3yrs
    • Compensation: US$160.67k
  • James Jenkins (55yo)

    Director

    • Tenure: 3.3yrs
    • Compensation: US$156.40k
  • Tom McAteer (66yo)

    Director

    • Tenure: 8.7yrs
    • Compensation: US$163.20k

Company Information

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


Key Information

  • Name: Lakeland Industries, Inc.
  • Ticker: LAKE
  • Exchange: NasdaqGM
  • Founded: 1982
  • Industry: Apparel, Accessories and Luxury Goods
  • Sector: Consumer Durables
  • Market Cap: US$88.531m
  • Shares outstanding: 8.00m
  • Website: https://www.lakeland.com

Number of Employees


Location

  • Lakeland Industries, Inc.
  • 3555 Veterans Memorial Highway
  • Suite C
  • Ronkonkoma
  • New York
  • 11779
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
LAKENasdaqGM (Nasdaq Global Market)YesCommon StockUSUSDSep 1986
LLIDB (Deutsche Boerse AG)YesCommon StockDEEURSep 1986

Biography

Lakeland Industries, Inc. manufactures and sells industrial protective clothing and accessories for the industrial and public protective clothing market worldwide. It offers limited use/disposable protecti ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/22 23:37
End of Day Share Price2019/10/22 00:00
Earnings2019/07/31
Annual Earnings2019/01/31


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.