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LOOP

Loop Industries NasdaqGM:LOOP Stock Report

Last Price

US$4.33

Market Cap

US$205.2m

7D

-6.5%

1Y

-62.7%

Updated

30 Sep, 2022

Data

Company Financials +
LOOP fundamental analysis
Snowflake Score
Valuation0/6
Future Growth2/6
Past Performance0/6
Financial Health3/6
Dividends0/6

LOOP Stock Overview

Loop Industries, Inc., a technology company, focuses on depolymerizing waste polyethylene terephthalate (PET) plastics and polyester fibers into base building blocks.

Loop Industries Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Loop Industries
Historical stock prices
Current Share PriceUS$4.33
52 Week HighUS$17.94
52 Week LowUS$3.61
Beta1.71
1 Month Change-19.22%
3 Month Change4.09%
1 Year Change-62.71%
3 Year Change-64.77%
5 Year Change-70.41%
Change since IPO-13.40%

Recent News & Updates

Jul 14

Loop Industries GAAP EPS of -$0.38

Loop Industries press release (NASDAQ:LOOP): FQ1 GAAP EPS of -$0.38. Cash and cash equivalents of $32.4M as at May 31.

Jun 26
Is Loop Industries (NASDAQ:LOOP) Using Debt In A Risky Way?

Is Loop Industries (NASDAQ:LOOP) Using Debt In A Risky Way?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...

Shareholder Returns

LOOPUS ChemicalsUS Market
7D-6.5%-1.2%-2.5%
1Y-62.7%-15.4%-23.2%

Return vs Industry: LOOP underperformed the US Chemicals industry which returned -13.5% over the past year.

Return vs Market: LOOP underperformed the US Market which returned -21.5% over the past year.

Price Volatility

Is LOOP's price volatile compared to industry and market?
LOOP volatility
LOOP Average Weekly Movement10.9%
Chemicals Industry Average Movement6.4%
Market Average Movement6.9%
10% most volatile stocks in US Market15.6%
10% least volatile stocks in US Market2.8%

Stable Share Price: LOOP is more volatile than 75% of US stocks over the past 3 months, typically moving +/- 11% a week.

Volatility Over Time: LOOP's weekly volatility (11%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
201099Daniel Solomitahttps://www.loopindustries.com

Loop Industries, Inc., a technology company, focuses on depolymerizing waste polyethylene terephthalate (PET) plastics and polyester fibers into base building blocks. It polymerized monomers into virgin-quality PET resins for use in food-grade plastic packaging, such as plastic bottles for water and carbonated soft drinks, and containers for food and other consumer products; and polyester fibers, including textiles, clothing, and apparel. The company was incorporated in 2010 and is based in Terrebonne, Canada.

Loop Industries Fundamentals Summary

How do Loop Industries's earnings and revenue compare to its market cap?
LOOP fundamental statistics
Market CapUS$205.25m
Earnings (TTM)-US$50.77m
Revenue (TTM)n/a

0.0x

P/S Ratio

-4.0x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
LOOP income statement (TTM)
RevenueUS$0
Cost of RevenueUS$0
Gross ProfitUS$0
Other ExpensesUS$50.77m
Earnings-US$50.77m

Last Reported Earnings

May 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-1.07
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio9.4%

How did LOOP perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

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

Valuation Score

0/6

Valuation Score 0/6

  • Price-To-Book vs Peers

  • Price-To-Book vs Industry

  • Price-To-Book 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 LOOP?

Other financial metrics that can be useful for relative valuation.

LOOP 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/Revenuen/a
Enterprise Value/EBITDA-3.8x
PEG Ration/a

Price to Book Ratio vs Peers

How does LOOP's PB Ratio compare to its peers?

LOOP PB Ratio vs Peers
The above table shows the PB ratio for LOOP vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPBEstimated GrowthMarket Cap
Peer Average1.5x
LTUU Little Sioux Corn Processors
1.1xn/aUS$216.9m
ZY Zymergen
1.2x19.6%US$289.4m
TG Tredegar
1.5xn/aUS$317.6m
SIRE Sisecam Resources
2xn/aUS$396.9m
LOOP Loop Industries
5.6x66.1%US$205.2m

Price-To-Book vs Peers: LOOP is expensive based on its Price-To-Book Ratio (5.6x) compared to the peer average (1.5x).


Price to Earnings Ratio vs Industry

How does LOOP's PE Ratio compare vs other companies in the US Chemicals Industry?

Price-To-Book vs Industry: LOOP is expensive based on its Price-To-Book Ratio (5.6x) compared to the US Chemicals industry average (1.9x)


Price to Book Ratio vs Fair Ratio

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

LOOP PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio5.6x
Fair PB Ration/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate LOOP's Price-To-Book Fair Ratio for valuation analysis.


Share Price vs Fair Value

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

Below Fair Value: Insufficient data to calculate LOOP's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate LOOP's fair value for valuation analysis.


Analyst Price Targets

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

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.


Discover undervalued companies

Future Growth

How is Loop Industries forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

Future Growth Score

2/6

Future Growth Score 2/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


66.1%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

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

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

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

Revenue vs Market: LOOP's revenue (72.8% per year) is forecast to grow faster than the US market (7.6% per year).

High Growth Revenue: LOOP's revenue (72.8% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: LOOP's Return on Equity is forecast to be low in 3 years time (7.7%).


Discover growth companies

Past Performance

How has Loop Industries performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-35.5%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: LOOP is currently unprofitable.

Growing Profit Margin: LOOP is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: LOOP is unprofitable, and losses have increased over the past 5 years at a rate of 35.5% per year.

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

Earnings vs Industry: LOOP is unprofitable, making it difficult to compare its past year earnings growth to the Chemicals industry (21.1%).


Return on Equity

High ROE: LOOP has a negative Return on Equity (-139.28%), as it is currently unprofitable.


Discover strong past performing companies

Financial Health

How is Loop Industries's financial position?

Financial Health Score

3/6

Financial Health Score 3/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: LOOP's short term assets ($40.7M) exceed its short term liabilities ($8.0M).

Long Term Liabilities: LOOP's short term assets ($40.7M) exceed its long term liabilities ($3.3M).


Debt to Equity History and Analysis

Debt Level: LOOP has more cash than its total debt.

Reducing Debt: LOOP's debt to equity ratio has increased from 0% to 9.4% over the past 5 years.


Balance Sheet


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: LOOP has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: LOOP has less than a year of cash runway if free cash flow continues to reduce at historical rates of 42.6% each year


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Dividend

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

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage

Dividend Yield vs Market

Loop Industries Dividend Yield vs Market
How does Loop Industries dividend yield compare to the market?
SegmentDividend Yield
Company (Loop Industries)n/a
Market Bottom 25% (US)1.7%
Market Top 25% (US)4.7%
Industry Average (Chemicals)2.4%
Analyst forecast in 3 Years (Loop Industries)n/a

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

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

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


Earnings Payout to Shareholders

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


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as LOOP has not reported any payouts.


Discover strong dividend paying companies

Management

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

2.5yrs

Average management tenure


CEO

Daniel Solomita (46 yo)

7.25yrs

Tenure

US$776,632

Compensation

Mr. Daniel Solomita is Founder and President of Loop Industries, Inc. and has been its Chief Executive Officer and Director since June 29, 2015. Mr. Solomita has been the Chairman and President of Loop Ind...


CEO Compensation Analysis

Daniel Solomita's Compensation vs Loop Industries Earnings
How has Daniel Solomita's remuneration changed compared to Loop Industries's earnings?
DateTotal Comp.SalaryCompany Earnings
May 31 2022n/an/a

-US$51m

Feb 28 2022US$777kUS$478k

-US$45m

Nov 30 2021n/an/a

-US$44m

Aug 31 2021n/an/a

-US$48m

May 31 2021n/an/a

-US$45m

Feb 28 2021US$630kUS$449k

-US$36m

Nov 30 2020n/an/a

-US$27m

Aug 31 2020n/an/a

-US$17m

May 31 2020n/an/a

-US$15m

Feb 29 2020US$4mUS$452k

-US$15m

Nov 30 2019n/an/a

-US$18m

Aug 31 2019n/an/a

-US$17m

May 31 2019n/an/a

-US$18m

Feb 28 2019US$813kUS$458k

-US$18m

Nov 30 2018n/an/a

-US$14m

Aug 31 2018n/an/a

-US$17m

May 31 2018n/an/a

-US$16m

Feb 28 2018US$203kUS$190k

-US$14m

Nov 30 2017n/an/a

-US$12m

Aug 31 2017n/an/a

-US$6m

May 31 2017n/an/a

-US$5m

Feb 28 2017US$198kUS$180k

-US$4m

Nov 30 2016n/an/a

-US$4m

Aug 31 2016n/an/a

-US$4m

May 31 2016n/an/a

-US$3m

Feb 29 2016US$180kUS$180k

-US$3m

Compensation vs Market: Daniel's total compensation ($USD776.63K) is below average for companies of similar size in the US market ($USD1.72M).

Compensation vs Earnings: Daniel's compensation has increased whilst the company is unprofitable.


Leadership Team

Experienced Management: LOOP's management team is considered experienced (2.5 years average tenure).


Board Members

Experienced Board: LOOP's board of directors are considered experienced (3.8 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

NasdaqGM:LOOP Recent Insider Transactions by Companies or Individuals
DateValueNameEntityRoleSharesMax Price
31 May 22BuyUS$19,995Yves PerronIndividual3,650US$5.48
28 Feb 22BuyUS$38,454Stephen ChampagneIndividual5,800US$6.63

Ownership Breakdown

What is the ownership structure of LOOP?
Owner TypeNumber of SharesOwnership Percentage
Private Companies85,0000.2%
VC/PE Firms4,053,5678.6%
Public Companies4,714,8139.9%
Institutions5,777,25312.2%
General Public15,929,61433.6%
Individual Insiders16,840,46235.5%

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 11.7%.


Top Shareholders

Top 25 shareholders own 65.92% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
35.04%
Daniel Solomita
16,610,000$71.9m4.4%no data
9.95%
SK Innovation Co., Ltd.
4,714,813$20.4m0%no data
8.55%
Northern Private Capital Ltd.
4,053,567$17.6m0%no data
6.07%
Handelsbanken Asset Management
2,875,062$12.4m-0.12%0.03%
1.31%
Millennium Management LLC
623,212$2.7m11.85%no data
0.72%
The Vanguard Group, Inc.
341,623$1.5m0%no data
0.52%
Kore Private Wealth, LLC
245,806$1.1m0%0.18%
0.5%
Jackson Hole Capital Partners, LLC
238,501$1.0m0%0.35%
0.48%
Geode Capital Management, LLC
227,543$985.3k1.89%no data
0.46%
BlackRock, Inc.
219,805$951.8k-2.93%no data
0.4%
Candriam Luxembourg S.A.
190,000$822.7k0%no data
0.32%
Comerica Bank, Banking Investments
150,118$650.0k0%0.01%
0.18%
Laurence Sellyn
86,300$373.7k416.92%no data
0.18%
6337708 Canada Inc
85,000$368.1k13.33%no data
0.17%
BMO Asset Management Corp.
82,872$358.8k-0.51%no data
0.16%
State Street Global Advisors, Inc.
74,040$320.6k0%no data
0.13%
Mackenzie Financial Corporation
61,244$265.2k5.11%no data
0.12%
Jay Stubina
59,165$256.2k202.48%no data
0.12%
IG Investment Management, Ltd.
56,137$243.1k0%no data
0.11%
Renaissance Technologies LLC
50,900$220.4k0%no data
0.11%
Jane Street Group, LLC, Asset Management Arm
49,794$215.6k0%no data
0.095%
Morgan Stanley, Investment Banking and Brokerage Investments
45,123$195.4k-1.16%no data
0.081%
Northern Trust Global Investments
38,451$166.5k-18.13%no data
0.076%
Andrew Lapham
35,991$155.8k0%no data
0.069%
Yves Perron
32,541$140.9k0%no data

Company Information

Loop Industries, Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Loop Industries, Inc.
  • Ticker: LOOP
  • Exchange: NasdaqGM
  • Founded: 2010
  • Industry: Commodity Chemicals
  • Sector: Materials
  • Implied Market Cap: US$205.245m
  • Shares outstanding: 47.40m
  • Website: https://www.loopindustries.com

Number of Employees


Location

  • Loop Industries, Inc.
  • 480 Fernand-Poitras Terrebonne
  • Terrebonne
  • Quebec
  • J6Y 1Y4
  • Canada


Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
LOOPNasdaqGM (Nasdaq Global Market)YesNew Common StockUSUSDJun 2015

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/09/30 00:00
End of Day Share Price2022/09/30 00:00
Earnings2022/05/31
Annual Earnings2022/02/28


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.