OTCPK:LSLC.F

Stock Analysis Report

Executive Summary

Lachlan Star Limited engages in the mineral resource exploration activities in Australia.


Snowflake Analysis

Excellent balance sheet with weak fundamentals.


Similar Companies

Share Price & News

How has Lachlan Star's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: LSLC.F has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

LSLC.F

-9.4%

US Metals and Mining

-10.6%

US Market


1 Year Return

19900.0%

LSLC.F

-9.1%

US Metals and Mining

5.2%

US Market

Return vs Industry: LSLC.F exceeded the US Metals and Mining industry which returned 17.5% over the past year.

Return vs Market: LSLC.F exceeded the US Market which returned 24.7% over the past year.


Shareholder returns

LSLC.FIndustryMarket
7 Day0%-9.4%-10.6%
30 Day0%-8.7%-8.5%
90 Day0%-9.8%-4.6%
1 Year19900.0%19900.0%-6.7%-9.1%7.4%5.2%
3 Year1900.0%1900.0%-9.0%-13.9%31.7%23.2%
5 Yearn/a14.0%5.1%56.4%39.3%

Price Volatility Vs. Market

How volatile is Lachlan Star's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Lachlan Star undervalued compared to its fair value and its price relative to the market?

1.8x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate LSLC.F's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate LSLC.F's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: LSLC.F is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.

PE vs Market: LSLC.F 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 LSLC.F's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: LSLC.F is overvalued based on its PB Ratio (1.8x) compared to the US Metals and Mining industry average (1.6x).


Next Steps

Future Growth

How is Lachlan Star forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

12.1%

Forecasted Materials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Lachlan Star has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Lachlan Star performed over the past 5 years?

121.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: LSLC.F is currently unprofitable.

Growing Profit Margin: LSLC.F is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: LSLC.F is unprofitable, but has reduced losses over the past 5 years at a rate of 121.4% per year.

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

Earnings vs Industry: LSLC.F is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-7.6%).


Return on Equity

High ROE: LSLC.F has a negative Return on Equity (-25.02%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Lachlan Star's financial position?


Financial Position Analysis

Short Term Liabilities: LSLC.F's short term assets (A$1.7M) exceed its short term liabilities (A$32.1K).

Long Term Liabilities: LSLC.F has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: LSLC.F is debt free.

Reducing Debt: LSLC.F has no debt compared to 5 years ago when its debt to equity ratio was 128.3%.


Balance Sheet

Inventory Level: LSLC.F has a low level of unsold assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if LSLC.F's debt is covered by short term assets.


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: LSLC.F has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if LSLC.F has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

What is Lachlan Star's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.6%markettop25%4.1%industryaverage2.9%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

High Dividend: Unable to evaluate LSLC.F's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if LSLC.F's dividends per share have been stable in the past.

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


Current Payout to Shareholders

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


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of LSLC.F's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

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

2.0yrs

Average board tenure


CEO

Lachlan Star has no CEO, or we have no data on them.


Board Members

NamePositionTenureCompensationOwnership
Klaus Eckhof
Executive Director1.4yrsAU$144.09k2.65% A$54.8k
Daniel John Edward Alexander Smith
Company Secretary & Non-Executive Director2yrsAU$46.00k0.66% A$13.7k
Gary Steinepreis
Non-Executive Chairman2yrsAU$24.00k1.33% A$27.4k
Bernard Aylward
Non-Executive Director2yrsAU$27.00k0.27% A$5.5k

2.0yrs

Average Tenure

53yo

Average Age

Experienced Board: LSLC.F's board of directors are not considered experienced ( 2 years average tenure), which suggests a new board.


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 been substantially diluted in the past year, with total shares outstanding growing by 263.6%.


Top Shareholders

Company Information

Lachlan Star Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Lachlan Star Limited
  • Ticker: LSLC.F
  • Exchange: OTCPK
  • Founded: 1970
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: AU$3.015m
  • Listing Market Cap: AU$2.067m
  • Shares outstanding: 753.87m
  • Website: https://lachlanstar.com

Number of Employees


Location

  • Lachlan Star Limited
  • 33 Ord Street
  • Level 1
  • West Perth
  • Western Australia
  • 6005
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
GY6DB (Deutsche Boerse AG)YesOrdinary SharesDEEURJan 1992
LSAASX (Australian Securities Exchange)YesOrdinary SharesAUAUDJan 1992
LSLC.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDJan 1992
LSACHIA (Chi-X Australia)YesOrdinary SharesAUAUDJan 1992
LSATSX (The Toronto Stock Exchange)SHSCACADJun 2011

Biography

Lachlan Star Limited engages in the mineral resource exploration activities in Australia. Its assets include the Princhester Magnesite project located in Queensland; and a royalty over the Bushranger Copper project located in New South Wales. The company was formerly known as Toodyay Resources Limited and changed its name to Lachlan Star Limited in November 2007. Lachlan Star Limited was incorporated in 1970 and is based in West Perth, Australia. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/01/09 00:27
End of Day Share Price2019/10/11 00:00
Earnings2019/06/30
Annual Earnings2019/06/30


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.