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LPX

Louisiana-Pacific NYSE:LPX Stock Report

Last Price

US$61.05

Market Cap

US$4.5b

7D

-0.5%

1Y

3.6%

Updated

14 Aug, 2022

Data

Company Financials +
LPX fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance3/6
Financial Health6/6
Dividends2/6

LPX Stock Overview

Louisiana-Pacific Corporation, together with its subsidiaries, manufactures and markets building products primarily for use in new home construction, repair and remodeling, and outdoor structure markets.

Louisiana-Pacific Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Louisiana-Pacific
Historical stock prices
Current Share PriceUS$61.05
52 Week HighUS$79.77
52 Week LowUS$49.98
Beta1.65
1 Month Change5.61%
3 Month Change-10.23%
1 Year Change3.58%
3 Year Change161.91%
5 Year Change153.53%
Change since IPO316.25%

Recent News & Updates

Aug 05

Louisiana-Pacific declares $0.22 dividend

Louisiana-Pacific (NYSE:LPX) declares $0.22/share quarterly dividend, in line with previous. Forward yield 1.42% Payable Sept. 1; for shareholders of record Aug. 18; ex-div Aug. 17. See LPX Dividend Scorecard, Yield Chart, & Dividend Growth.

Shareholder Returns

LPXUS ForestryUS Market
7D-0.5%3.4%3.2%
1Y3.6%7.9%-10.2%

Return vs Industry: LPX underperformed the US Forestry industry which returned 7.9% over the past year.

Return vs Market: LPX exceeded the US Market which returned -10.2% over the past year.

Price Volatility

Is LPX's price volatile compared to industry and market?
LPX volatility
LPX Average Weekly Movement6.8%
Forestry Industry Average Movement7.5%
Market Average Movement7.7%
10% most volatile stocks in US Market16.9%
10% least volatile stocks in US Market3.2%

Stable Share Price: LPX is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: LPX's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19724,800Brad Southernhttps://www.lpcorp.com

Louisiana-Pacific Corporation, together with its subsidiaries, manufactures and markets building products primarily for use in new home construction, repair and remodeling, and outdoor structure markets. It operates through four segments: Siding; Oriented Strand Board (OSB); Engineered Wood Products (EWP); and South America. The Siding segment offers LP SmartSide trim and siding products, LP SmartSide ExpertFinish trim and siding products, LP BuilderSeries lap siding products, and LP Outdoor Building Solutions; and engineered wood siding, trim, soffit, and fascia products.

Louisiana-Pacific Fundamentals Summary

How do Louisiana-Pacific's earnings and revenue compare to its market cap?
LPX fundamental statistics
Market CapUS$4.51b
Earnings (TTM)US$1.34b
Revenue (TTM)US$4.79b

3.4x

P/E Ratio

0.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
LPX income statement (TTM)
RevenueUS$4.79b
Cost of RevenueUS$2.73b
Gross ProfitUS$2.06b
Other ExpensesUS$716.00m
EarningsUS$1.34b

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)18.17
Gross Margin42.98%
Net Profit Margin28.03%
Debt/Equity Ratio23.3%

How did LPX perform over the long term?

See historical performance and comparison

Dividends

1.4%

Current Dividend Yield

5%

Payout Ratio

Does LPX pay a reliable dividends?

See LPX dividend history and benchmarks
When do you need to buy LPX by to receive an upcoming dividend?
Louisiana-Pacific dividend dates
Ex Dividend DateAug 17 2022
Dividend Pay DateSep 01 2022
Days until Ex dividend2 days
Days until Dividend pay date17 days

Does LPX pay a reliable dividends?

See LPX dividend history and benchmarks
We’ve recently updated our valuation analysis.

Valuation

Is LPX 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 LPX?

Other financial metrics that can be useful for relative valuation.

LPX 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/Revenue0.9x
Enterprise Value/EBITDA2.3x
PEG Ratio-0.07x

Price to Earnings Ratio vs Peers

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

LPX PE Ratio vs Peers
The above table shows the PE ratio for LPX vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average26.2x
AVNT Avient
17.7x18.7%US$4.5b
SIM Grupo Simec. de
8.4x-9.1%US$4.5b
KWR Quaker Chemical
41.8x36.4%US$3.5b
ATC Atotech
36.8x29.6%US$4.4b
LPX Louisiana-Pacific
3.4x-47.0%US$4.5b

Price-To-Earnings vs Peers: LPX is good value based on its Price-To-Earnings Ratio (3.4x) compared to the peer average (26.2x).


Price to Earnings Ratio vs Industry

How does LPX's PE Ratio compare vs other companies in the Global Forestry Industry?

Price-To-Earnings vs Industry: LPX is good value based on its Price-To-Earnings Ratio (3.4x) compared to the US Forestry industry average (3.8x)


Price to Earnings Ratio vs Fair Ratio

What is LPX'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.

LPX PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio3.4x
Fair PE Ratio4.5x

Price-To-Earnings vs Fair Ratio: LPX is good value based on its Price-To-Earnings Ratio (3.4x) compared to the estimated Fair Price-To-Earnings Ratio (4.5x).


Share Price vs Fair Value

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

Below Fair Value: LPX ($61.05) is trading above our estimate of fair value ($17.98)

Significantly Below Fair Value: LPX 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: Target price is less than 20% higher than the current share price.


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Future Growth

How is Louisiana-Pacific forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


-47.0%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: LPX's earnings are forecast to decline over the next 3 years (-47% per year).

Earnings vs Market: LPX's earnings are forecast to decline over the next 3 years (-47% per year).

High Growth Earnings: LPX's earnings are forecast to decline over the next 3 years.

Revenue vs Market: LPX's revenue is expected to decline over the next 3 years (-15.4% per year).

High Growth Revenue: LPX's revenue is forecast to decline over the next 3 years (-15.4% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

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


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Past Performance

How has Louisiana-Pacific performed over the past 5 years?

Past Performance Score

3/6

Past Performance Score 3/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


38.7%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: LPX has high quality earnings.

Growing Profit Margin: LPX's current net profit margins (28%) are lower than last year (33.3%).


Past Earnings Growth Analysis

Earnings Trend: LPX's earnings have grown significantly by 38.7% per year over the past 5 years.

Accelerating Growth: LPX's earnings growth over the past year (8.5%) is below its 5-year average (38.7% per year).

Earnings vs Industry: LPX earnings growth over the past year (8.5%) underperformed the Forestry industry 29.8%.


Return on Equity

High ROE: LPX's Return on Equity (90%) is considered outstanding.


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Financial Health

How is Louisiana-Pacific's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: LPX's short term assets ($1.2B) exceed its short term liabilities ($464.0M).

Long Term Liabilities: LPX's short term assets ($1.2B) exceed its long term liabilities ($596.0M).


Debt to Equity History and Analysis

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

Reducing Debt: LPX's debt to equity ratio has reduced from 27.9% to 23.3% over the past 5 years.

Debt Coverage: LPX's debt is well covered by operating cash flow (468.2%).

Interest Coverage: LPX's interest payments on its debt are well covered by EBIT (222.6x coverage).


Balance Sheet


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Dividend

What is Louisiana-Pacific 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


1.44%

Current Dividend Yield

Upcoming Dividend Payment

TodayAug 15 2022Ex Dividend DateAug 17 2022Dividend Pay DateSep 01 202215 days from Ex DividendBuy in the next 2 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: LPX's dividend (1.44%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.47%).

High Dividend: LPX's dividend (1.44%) is low compared to the top 25% of dividend payers in the US market (3.95%).


Stability and Growth of Payments

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

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


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (5.2%), LPX's dividend payments are thoroughly covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (5.3%), LPX's dividend payments are thoroughly covered by cash flows.


Discover strong dividend paying companies

Management

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

3.5yrs

Average management tenure


CEO

Brad Southern (62 yo)

5.08yrs

Tenure

US$9,437,468

Compensation

Mr. William Bradley Southern, also known as Brad, has been Chief Executive Officer of Louisiana-pacific Corp. since July 1, 2017 and has been its Chairman since May 22, 2020. Mr. Southern serves as Directo...


CEO Compensation Analysis

Compensation vs Market: Brad's total compensation ($USD9.44M) is above average for companies of similar size in the US market ($USD6.53M).

Compensation vs Earnings: Brad's compensation has increased by more than 20% in the past year.


Leadership Team

Experienced Management: LPX's management team is considered experienced (3.5 years average tenure).


Board Members

Experienced Board: LPX's board of directors are considered experienced (5.8 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

Ownership Breakdown

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


Top Shareholders

Company Information

Louisiana-Pacific Corporation's employee growth, exchange listings and data sources


Key Information

  • Name: Louisiana-Pacific Corporation
  • Ticker: LPX
  • Exchange: NYSE
  • Founded: 1972
  • Industry: Forest Products
  • Sector: Materials
  • Implied Market Cap: US$4.510b
  • Shares outstanding: 73.87m
  • Website: https://www.lpcorp.com

Number of Employees


Location

  • Louisiana-Pacific Corporation
  • 414 Union Street
  • Suite 2000
  • Nashville
  • Tennessee
  • 37219
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/14 00:00
End of Day Share Price2022/08/12 00:00
Earnings2022/06/30
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.