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LF Capital Acquisition

Nasdaq:LFAC
Snowflake Description

Adequate balance sheet with moderate growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
LFAC
Nasdaq
$196M
Market Cap
  1. Home
  2. US
  3. Diversified Financials
Company description

LF Capital Acquisition Corp. intends to merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The last earnings update was 46 days ago. More info.


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LFAC Share Price and Events
7 Day Returns
0.4%
NasdaqCM:LFAC
1.5%
US Capital Markets
0.2%
US Market
1 Year Returns
-
NasdaqCM:LFAC
-7.6%
US Capital Markets
6.3%
US Market
LFAC Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
LF Capital Acquisition (LFAC) 0.4% 0.7% 3.2% - - -
US Capital Markets 1.5% 3.5% 3.5% -7.6% 54.5% 69.4%
US Market 0.2% 2.1% 8.5% 6.3% 37.9% 45.7%
1 Year Return vs Industry and Market
  • No trading data on LFAC.
  • No trading data on LFAC.

LFAC Value

 Is LF Capital Acquisition undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of LF Capital Acquisition to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for LF Capital Acquisition.

NasdaqCM:LFAC Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Excess Returns Model
Stable EPS Median Return on Equity from the past 5 years.
= Stable Book Value * Return on Equity
= $0.11 * 7.1%
$0.01
Book Value of Equity per Share Median Book Value from the past 5 years. $0.11
Discount Rate (Cost of Equity) See below 9.2%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NasdaqCM:LFAC
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
Capital Markets Unlevered Beta Simply Wall St/ S&P Global 0.73
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.727 (1 + (1- 21%) (0%))
1.094
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.09
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.094 * 5.96%)
9.25%

Discounted Cash Flow Calculation for NasdaqCM:LFAC using Excess Returns Model Model

The calculations below outline how an intrinsic value for LF Capital Acquisition is arrived at using the Excess Return Model. This approach is used for finance firms where free cash flow is difficult to estimate.

In the Excess Return Model the value of a firm can be written as the sum of capital invested currently in the firm and the present value of excess returns that the firm expects to make in the future.

The model is sensitive to the Return on Equity of the company versus the Cost of Equity, how these are calculated is detailed below the main calculation.

Note the calculations below are per share.

See our documentation to learn about this calculation.

NasdaqCM:LFAC Value of Excess Returns
Calculation Result
Excess Returns = (Stable Return on equity – Cost of equity) (Book Value of Equity per share)
= (7.1% – 9.25%) * $0.11)
$0.00
Terminal Value of Excess Returns = Excess Returns / (Cost of Equity - Expected Growth Rate)
= $0.00 / (9.25% - 2.73%)
$-0.04
Value of Equity = Book Value per share + Terminal Value of Excess Returns
= $0.11 + $-0.04
$0.08
NasdaqCM:LFAC Discount to Share Price
Calculation Result
Value per share (USD) From above. $0.08
Current discount Discount to share price of $10.11
= -1 x ($10.11 - $0.08) / $0.08
-13110.3%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of LF Capital Acquisition is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for LF Capital Acquisition's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are LF Capital Acquisition's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqCM:LFAC PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in USD $0.03
NasdaqCM:LFAC Share Price ** NasdaqCM (2019-04-15) in USD $10.11
United States of America Capital Markets Industry PE Ratio Median Figure of 87 Publicly-Listed Capital Markets Companies 30.77x
United States of America Market PE Ratio Median Figure of 3,081 Publicly-Listed Companies 18.15x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of LF Capital Acquisition.

NasdaqCM:LFAC PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqCM:LFAC Share Price ÷ EPS (both in USD)

= 10.11 ÷ 0.03

330.94x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • LF Capital Acquisition is overvalued based on earnings compared to the US Capital Markets industry average.
  • LF Capital Acquisition is overvalued based on earnings compared to the United States of America market.
Price based on expected Growth
Does LF Capital Acquisition's expected growth come at a high price?
Raw Data
NasdaqCM:LFAC PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 330.94x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
28.1%per year
United States of America Capital Markets Industry PEG Ratio Median Figure of 34 Publicly-Listed Capital Markets Companies 2.36x
United States of America Market PEG Ratio Median Figure of 2,109 Publicly-Listed Companies 1.57x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for LF Capital Acquisition, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on LF Capital Acquisition's assets?
Raw Data
NasdaqCM:LFAC PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in USD $0.26
NasdaqCM:LFAC Share Price * NasdaqCM (2019-04-15) in USD $10.11
United States of America Capital Markets Industry PB Ratio Median Figure of 167 Publicly-Listed Capital Markets Companies 6.35x
United States of America Market PB Ratio Median Figure of 5,178 Publicly-Listed Companies 1.91x
NasdaqCM:LFAC PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqCM:LFAC Share Price ÷ Book Value per Share (both in USD)

= 10.11 ÷ 0.26

39.24x

* Primary Listing of LF Capital Acquisition.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • LF Capital Acquisition is overvalued based on assets compared to the US Capital Markets industry average.
X
Value checks
We assess LF Capital Acquisition's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Capital Markets industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Capital Markets industry average (and greater than 0)? (1 check)
  5. LF Capital Acquisition has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

LFAC Future Performance

 How is LF Capital Acquisition expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover LF Capital Acquisition, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
28.1%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is LF Capital Acquisition expected to grow at an attractive rate?
  • LF Capital Acquisition's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • LF Capital Acquisition's earnings growth is expected to exceed the United States of America market average.
  • Unable to compare LF Capital Acquisition's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
NasdaqCM:LFAC Future Growth Rates Data Sources
Data Point Source Value (per year)
NasdaqCM:LFAC Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 28.1%
United States of America Capital Markets Industry Earnings Growth Rate Market Cap Weighted Average 7.1%
United States of America Capital Markets Industry Revenue Growth Rate Market Cap Weighted Average 4.2%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.3%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NasdaqCM:LFAC Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqCM:LFAC Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-12-31 -1 1
2017-12-31 0 0

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • LF Capital Acquisition's earnings are expected to grow significantly at over 20% yearly.
  • Unable to determine if LF Capital Acquisition is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NasdaqCM:LFAC Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from LF Capital Acquisition Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqCM:LFAC Past Financials Data
Date (Data in USD Millions) EPS *
2018-12-31 0.03
2017-12-31 -0.07

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if LF Capital Acquisition will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess LF Capital Acquisition's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
LF Capital Acquisition has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

LFAC Past Performance

  How has LF Capital Acquisition performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare LF Capital Acquisition's growth in the last year to its industry (Capital Markets).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Unable to establish if LF Capital Acquisition's year on year earnings growth rate was positive over the past 5 years as it has been trading publicly for less than 3 years.
  • Unable to compare LF Capital Acquisition's 1-year earnings growth to the 5-year average as it has been trading publicly for less than 3 years.
  • LF Capital Acquisition has become profitable in the last year making it difficult to compare the US Capital Markets industry average.
Earnings and Revenue History
LF Capital Acquisition's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from LF Capital Acquisition Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqCM:LFAC Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 0.59 0.59
2017-12-31 -0.25 0.24

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • LF Capital Acquisition has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • It is difficult to establish if LF Capital Acquisition has efficiently used its assets last year compared to the US Capital Markets industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if LF Capital Acquisition improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess LF Capital Acquisition's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Capital Markets industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
LF Capital Acquisition has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

LFAC Health

 How is LF Capital Acquisition's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up LF Capital Acquisition's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • LF Capital Acquisition's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • LF Capital Acquisition's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of LF Capital Acquisition's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • LF Capital Acquisition has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from LF Capital Acquisition Company Filings, last reported 3 months ago.

NasdaqCM:LFAC Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 5.00 0.00 0.20
2017-12-31 -0.10 0.20 0.02
  • LF Capital Acquisition has no debt.
  • LF Capital Acquisition currently has no debt however we can't compare to 5 years ago as we have no data for that period.
  • LF Capital Acquisition has no debt, it does not need to be covered by operating cash flow.
  • LF Capital Acquisition has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess LF Capital Acquisition's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. LF Capital Acquisition has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

LFAC Dividends

 What is LF Capital Acquisition's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from LF Capital Acquisition dividends.
If you bought $2,000 of LF Capital Acquisition shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate LF Capital Acquisition's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate LF Capital Acquisition's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NasdaqCM:LFAC Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
United States of America Capital Markets Industry Average Dividend Yield Market Cap Weighted Average of 43 Stocks 2%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2009 Stocks 2.4%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as LF Capital Acquisition has not reported any payouts.
  • Unable to verify if LF Capital Acquisition's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of LF Capital Acquisition's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as LF Capital Acquisition has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess LF Capital Acquisition's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can LF Capital Acquisition afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. LF Capital Acquisition has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

LFAC Management

 What is the CEO of LF Capital Acquisition's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Philippe De Backer
AGE 61
TENURE AS CEO 1.5 years
CEO Bio

Mr. Philippe De Backer has been Co-Head of Global Financial Services Practice at Bain & Company Inc. since March 2011. Mr. De Backer has been Chief Executive Officer and Director of LF Capital Acquisition Corp. since October 2017. He served as the Partner of Middle East and Director of Global Financial Services - Middle East of Bain & Company Inc. Mr. De Backer served as a Partner at Bain & Company based in Brussels and Paris, where he also served as the Head of Bain & Company's Benelux and France Financial Services Practice. He is a highly experienced corporate strategist and author of four books on management. Mr. de Backer joined it in 1992 in Boston and Belgium to open the Brussels office. He launched the first Financial Services practice in Europe and led the development of the French Financial services practice that fuels the rapid growth of the French office. Mr. de Backer has established track record of leading successful transformation of major financial institutions in Europe, Asia, Australia and the USA. He relies on extensive experience and expertise in corporate strategy, business unit strategy, growth strategy, operations improvement and organisational structure both banks, financial institutions and insurance groups. Mr. De Backer served as an Independent Non Executive Director of Brederode SA. Mr. De Backer has co-authored four books on management which includes the best-selling business book Maximum Leadership, Go East, Management Audit and most recently Reinvent Retail Banking. He is a frequent keynote speaker at global business conferences and has written a number of articles for publications, including Benelux Results, L'Echo, La Libre Enterprise and American Banker. He is often sought out for his expert commentary and has been quoted in leading media including in The Wall Street Journal Europe, the Financial Times and Reuters. He is a graduate of Colgate University where he received a B.A. in economics with high honors, magna cum laude and was a member of Phi Beta Kappa. He also earned an M.B.A. from the Tuck School at Dartmouth.

CEO Compensation
  • Insufficient data for Philippe to compare compensation growth.
  • Insufficient data for Philippe to establish whether their remuneration is reasonable compared to companies of similar size in United States of America.
Management Team

Philippe De Backer

TITLE
CEO & Director
AGE
61
TENURE
1.5 yrs

Scott Reed

TITLE
President
AGE
47
TENURE
1.5 yrs
Board of Directors Tenure

Average tenure and age of the LF Capital Acquisition board of directors in years:

1.5
Average Tenure
60.5
Average Age
  • The average tenure for the LF Capital Acquisition board of directors is less than 3 years, this suggests a new board.
Board of Directors

Baudouin Prot

TITLE
Chairman of the Board
AGE
67
TENURE
1.2 yrs

Philippe De Backer

TITLE
CEO & Director
AGE
61
TENURE
1.5 yrs

Scott Reed

TITLE
President
AGE
47
TENURE
1.5 yrs

Elias Farhat

TITLE
Independent Director
AGE
52
TENURE
1.7 yrs

Greg Wilson

TITLE
Independent Director
AGE
65
TENURE
1.5 yrs

Djemi Traboulsi

TITLE
Independent Director
AGE
50
TENURE
1.4 yrs

Jim Erwin

TITLE
Director
AGE
74
TENURE
1.4 yrs

Karen Wendel

TITLE
Independent Director
AGE
60
TENURE
1.4 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
X
Management checks
We assess LF Capital Acquisition's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. LF Capital Acquisition has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

LFAC News

Simply Wall St News

LFAC Company Info

Description

LF Capital Acquisition Corp. intends to merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was founded in 2017 and is based in New York, New York.

Details
Name: LF Capital Acquisition Corp.
LFAC
Exchange: NasdaqCM
Founded: 2017
$196,197,187
19,406,250
Website: http://
Address: LF Capital Acquisition Corp.
600 Madison Avenue,
New York,
New York, 10022,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqCM LFAC Class A Common Stock Nasdaq Capital Market US USD 29. Jun 2018
NasdaqCM LFAC.U Units Nasdaq Capital Market US USD 20. Jun 2018
Number of employees
Current staff
Staff numbers
0
LF Capital Acquisition employees.
Industry
Asset Management and Custody Banks
Diversified Financials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/20 00:44
End of day share price update: 2019/04/15 00:00
Last earnings filing: 2019/03/05
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.