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
|Historical stock prices|
|Current Share Price||US$4.33|
|52 Week High||US$17.94|
|52 Week Low||US$3.61|
|1 Month Change||-19.22%|
|3 Month Change||4.09%|
|1 Year Change||-62.71%|
|3 Year Change||-64.77%|
|5 Year Change||-70.41%|
|Change since IPO||-13.40%|
Recent News & Updates
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.
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...
|LOOP||US Chemicals||US Market|
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.
|LOOP Average Weekly Movement||10.9%|
|Chemicals Industry Average Movement||6.4%|
|Market Average Movement||6.9%|
|10% most volatile stocks in US Market||15.6%|
|10% least volatile stocks in US Market||2.8%|
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
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
|LOOP fundamental statistics|
Is LOOP overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|LOOP income statement (TTM)|
|Cost of Revenue||US$0|
Last Reported Earnings
May 31, 2022
Next Earnings Date
|Earnings per share (EPS)||-1.07|
|Net Profit Margin||0.00%|
How did LOOP perform over the long term?See historical performance and comparison
Is LOOP undervalued compared to its fair value, analyst forecasts and its price relative to the market?
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
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.
|What is LOOP's n/a Ratio?|
Price to Book Ratio vs Peers
How does LOOP's PB Ratio compare to its peers?
|LOOP PB Ratio vs Peers|
|Company||PB||Estimated Growth||Market Cap|
LTUU Little Sioux Corn Processors
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LOOP Loop Industries
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.
|Current PB Ratio||5.6x|
|Fair PB Ratio||n/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.
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How is Loop Industries forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Future Growth Score2/6
Future Growth Score 2/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
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%).
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How has Loop Industries performed over the past 5 years?
Past Performance Score0/6
Past Performance Score 0/6
Growing Profit Margin
Earnings vs Industry
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.
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How is Loop Industries's financial position?
Financial Health Score3/6
Financial Health Score 3/6
Short Term Liabilities
Long Term Liabilities
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.
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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What is Loop Industries's current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Cash Flow Coverage
Dividend Yield vs Market
|Loop Industries Dividend Yield vs Market|
|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.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Daniel Solomita (46 yo)
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|
|Date||Total Comp.||Salary||Company Earnings|
|May 31 2022||n/a||n/a|
|Feb 28 2022||US$777k||US$478k|
|Nov 30 2021||n/a||n/a|
|Aug 31 2021||n/a||n/a|
|May 31 2021||n/a||n/a|
|Feb 28 2021||US$630k||US$449k|
|Nov 30 2020||n/a||n/a|
|Aug 31 2020||n/a||n/a|
|May 31 2020||n/a||n/a|
|Feb 29 2020||US$4m||US$452k|
|Nov 30 2019||n/a||n/a|
|Aug 31 2019||n/a||n/a|
|May 31 2019||n/a||n/a|
|Feb 28 2019||US$813k||US$458k|
|Nov 30 2018||n/a||n/a|
|Aug 31 2018||n/a||n/a|
|May 31 2018||n/a||n/a|
|Feb 28 2018||US$203k||US$190k|
|Nov 30 2017||n/a||n/a|
|Aug 31 2017||n/a||n/a|
|May 31 2017||n/a||n/a|
|Feb 28 2017||US$198k||US$180k|
|Nov 30 2016||n/a||n/a|
|Aug 31 2016||n/a||n/a|
|May 31 2016||n/a||n/a|
|Feb 29 2016||US$180k||US$180k|
Compensation vs Market: Daniel's total compensation ($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.
Experienced Management: LOOP's management team is considered experienced (2.5 years average tenure).
Experienced Board: LOOP's board of directors are considered experienced (3.8 years average tenure).
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
|31 May 22||BuyUS$19,995||Yves Perron||Individual||3,650||US$5.48|
|28 Feb 22||BuyUS$38,454||Stephen Champagne||Individual||5,800||US$6.63|
|Owner Type||Number of Shares||Ownership Percentage|
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 11.7%.
|Ownership||Name||Shares||Current Value||Change %||Portfolio %|
Loop Industries, Inc.'s employee growth, exchange listings and data sources
- 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
- Loop Industries, Inc.
- 480 Fernand-Poitras Terrebonne
- J6Y 1Y4
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|LOOP||NasdaqGM (Nasdaq Global Market)||Yes||New Common Stock||US||USD||Jun 2015|
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/09/30 00:00|
|End of Day Share Price||2022/09/30 00:00|
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.