Louisiana-Pacific Corporation, together with its subsidiaries, manufactures building products primarily for use in new home construction, repair and remodeling, and outdoor structure markets.
Excellent balance sheet with reasonable growth potential.
Share Price & News
How has Louisiana-Pacific's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: LPX's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: LPX exceeded the US Forestry industry which returned -38.6% over the past year.
Return vs Market: LPX underperformed the US Market which returned -10.4% over the past year.
Price Volatility Vs. Market
How volatile is Louisiana-Pacific's share price compared to the market and industry in the last 5 years?
Simply Wall St News
5 days ago | Simply Wall StWhen Should You Buy Louisiana-Pacific Corporation (NYSE:LPX)?
2 weeks ago | Simply Wall StDoes Louisiana-Pacific (NYSE:LPX) Have A Healthy Balance Sheet?
1 month ago | Simply Wall StLouisiana-Pacific Corporation (NYSE:LPX) Insiders Have Been Selling
Is Louisiana-Pacific undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: LPX ($17.75) is trading below our estimate of fair value ($26.3)
Significantly Below Fair Value: LPX is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: LPX is unprofitable, so we can't compare its PE Ratio to the Forestry industry average.
PE vs Market: LPX 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 LPX's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: LPX is overvalued based on its PB Ratio (2x) compared to the US Forestry industry average (0.8x).
How is Louisiana-Pacific forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: LPX is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.7%).
Earnings vs Market: LPX is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: LPX's is expected to become profitable in the next 3 years.
Revenue vs Market: LPX's revenue (7.2% per year) is forecast to grow slower than the US market (7.2% per year).
High Growth Revenue: LPX's revenue (7.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: LPX's Return on Equity is forecast to be high in 3 years time (22.4%)
How has Louisiana-Pacific performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: LPX is currently unprofitable.
Growing Profit Margin: LPX is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: LPX is unprofitable, but has reduced losses over the past 5 years at a rate of 42.2% per year.
Accelerating Growth: Unable to compare LPX's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: LPX is unprofitable, making it difficult to compare its past year earnings growth to the Forestry industry (-9.6%).
Return on Equity
High ROE: LPX has a negative Return on Equity (-1%), as it is currently unprofitable.
How is Louisiana-Pacific's financial position?
Financial Position Analysis
Short Term Liabilities: LPX's short term assets ($619.0M) exceed its short term liabilities ($244.0M).
Long Term Liabilities: LPX's short term assets ($619.0M) exceed its long term liabilities ($590.0M).
Debt to Equity History and Analysis
Debt Level: LPX's debt to equity ratio (34.7%) is considered satisfactory.
Reducing Debt: LPX's debt to equity ratio has reduced from 67.9% to 34.7% over the past 5 years.
Inventory Level: LPX has a high level of physical assets or inventory.
Debt Coverage by Assets: LPX's debt is covered by short term assets (assets are 1.8x 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: LPX has been profitable on average in the past, therefore cash runway is not a concern.
Forecast Cash Runway: LPX has been profitable on average in the past, therefore cash runway is not a concern.
What is Louisiana-Pacific's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: LPX's dividend (3.27%) is higher than the bottom 25% of dividend payers in the US market (1.95%).
High Dividend: LPX's dividend (3.27%) is low compared to the top 25% of dividend payers in the US market (5.4%).
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 2 years.
Current Payout to Shareholders
Dividend Coverage: LPX is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: LPX's dividends in 3 years are forecast to be well covered by earnings (32.3% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Brad Southern (59yo)
Mr. William Bradley Southern, also known as Brad, has been Chief Executive Officer of Louisiana-pacific Corp. since July 1, 2017. Mr. Southern serves as Director at Astec Industries Inc since October 25, 2 ...
CEO Compensation Analysis
Compensation vs Market: Brad's total compensation ($USD5.36M) is about average for companies of similar size in the US market ($USD4.58M).
Compensation vs Earnings: Brad's compensation has increased whilst the company is unprofitable.
|CEO & Director||2.67yrs||US$5.36m||0.12% $2.4m|
|Executive Vice President of the Siding Business||5yrs||US$1.17m||0.037% $739.7k|
|Executive Vice President of Oriented Strand Board||3.17yrs||US$1.19m||0.0052% $103.4k|
|Executive VP & CFO||1.17yrs||no data||no data|
|VP, Controller & Chief Accounting Officer||0.42yr||no data||no data|
|VP of Corporate Engineering & Director of Technology||no data||no data||no data|
|VP & Chief Information Officer||no data||no data||no data|
|Director of Investor Relations||0.42yr||no data||no data|
|Senior VP||0.42yr||no data||no data|
|Senior Vice President of Corporate Marketing & Business Development||4.83yrs||US$1.19m||0.034% $681.6k|
Experienced Management: LPX's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.
|CEO & Director||2.67yrs||US$5.36m||0.12% $2.4m|
|Independent Director||17.25yrs||US$215.00k||0.031% $612.4k|
|Independent Director||14.67yrs||US$215.00k||0.047% $941.1k|
|Director||1yr||no data||0.0042% $84.3k|
|Independent Chairman of the Board||15.25yrs||US$437.50k||0.040% $789.2k|
|Director||0.67yr||no data||no data|
|Independent Director||13.25yrs||US$210.00k||0.022% $442.6k|
|Independent Director||3.42yrs||US$200.00k||0.012% $231.2k|
|Independent Director||4yrs||US$200.00k||0.013% $262.7k|
Experienced Board: LPX's board of directors are considered experienced (4 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: LPX insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Louisiana-Pacific Corporation's company bio, employee growth, exchange listings and data sources
- Name: Louisiana-Pacific Corporation
- Ticker: LPX
- Exchange: NYSE
- Founded: 1973
- Industry: Forest Products
- Sector: Materials
- Market Cap: US$1.988b
- Shares outstanding: 112.02m
- Website: https://www.lpcorp.com
Number of Employees
- Louisiana-Pacific Corporation
- 414 Union Street
- Suite 2000
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|LPX||NYSE (New York Stock Exchange)||Yes||Common Stock||US||USD||Dec 1972|
|LP3||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Dec 1972|
Louisiana-Pacific Corporation, together with its subsidiaries, manufactures building products primarily for use in new home construction, repair and remodeling, and outdoor structure markets. It operates through four segments: Siding; North America Oriented Strand Board (OSB); Engineered Wood Products; and South America. The Siding segment offers siding products and related accessories, such as wood-based siding, trim, soffit, and fascia products; and CanExel siding and accessory products, including pre-finished lap and trim products, as well as outdoor building solutions. The OSB segment manufactures and distributes structural panel products comprising OSBs, TechShield radiant barriers, TopNotch sub-floorings, Legacy super tough products, moisture-resistant sub-floorings, and FlameBlock fire-rated sheathing products. The Engineered Wood Products segment provides laminated veneer lumber, laminated strand lumber, and other related products; and I-joists, which are primarily used in residential and commercial floorings, roofing systems, and other structural applications. The South America segment manufactures and distributes OSB and siding products. This segment also distributes and sells related products to augment the transition to wood frame construction. The company also offers timber and timberlands, as well as other products and services. Louisiana-Pacific Corporation sells its products, primarily to retail home centers, wholesalers, distributors, and homebuilding and industrial businesses in North America and South America, as well as in Asia, Australia, and Europe. The company was founded in 1973 and is headquartered in Nashville, Tennessee.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/03/31 01:50|
|End of Day Share Price||2020/03/30 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.