OTCPK:LCTC

Stock Analysis Report

Lifeloc Technologies

Executive Summary

Lifeloc Technologies, Inc. develops, manufactures, and markets portable hand-held and fixed station breathalyzers and related accessories for law enforcement, workplace, corrections, original equipment manufacturing, and consumer markets worldwide.


Snowflake Analysis

Excellent balance sheet with proven track record.


Similar Companies

Share Price & News

How has Lifeloc Technologies's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

-9.6%

LCTC

0.5%

US Electronic

1.2%

US Market


1 Year Return

1.6%

LCTC

28.3%

US Electronic

24.2%

US Market

Return vs Industry: LCTC underperformed the US Electronic industry which returned 30.2% over the past year.

Return vs Market: LCTC underperformed the US Market which returned 24.7% over the past year.


Shareholder returns

LCTCIndustryMarket
7 Day-9.6%0.5%1.2%
30 Day-14.1%3.0%3.5%
90 Day-16.8%10.6%11.7%
1 Year1.6%1.6%29.6%28.3%26.9%24.2%
3 Year-71.7%-71.7%53.9%49.6%53.0%43.2%
5 Year-81.5%-81.5%89.0%79.5%75.3%56.0%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Lifeloc Technologies undervalued compared to its fair value and its price relative to the market?

22.15x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

PE vs Industry: LCTC is poor value based on its PE Ratio (24.5x) compared to the Electronic industry average (21.2x).

PE vs Market: LCTC is poor value based on its PE Ratio (24.5x) compared to the US market (18.9x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate LCTC's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: LCTC is good value based on its PB Ratio (1.8x) compared to the US Electronic industry average (2.1x).


Next Steps

Future Growth

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

23.0%

Forecasted Tech 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 Lifeloc Technologies 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 Lifeloc Technologies performed over the past 5 years?

-21.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: LCTC has high quality earnings.

Growing Profit Margin: LCTC's current net profit margins (5.4%) are higher than last year (0.2%).


Past Earnings Growth Analysis

Earnings Trend: LCTC's earnings have declined by -21.7% per year over the past 5 years.

Accelerating Growth: LCTC's earnings growth over the past year (2834.7%) exceeds its 5-year average (-21.7% per year).

Earnings vs Industry: LCTC earnings growth over the past year (2834.7%) exceeded the Electronic industry 53.6%.


Return on Equity

High ROE: LCTC's Return on Equity (7.2%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Lifeloc Technologies's financial position?


Financial Position Analysis

Short Term Liabilities: LCTC's short term assets ($5.8M) exceed its short term liabilities ($1.1M).

Long Term Liabilities: LCTC's short term assets ($5.8M) exceed its long term liabilities ($1.3M).


Debt to Equity History and Analysis

Debt Level: LCTC's debt to equity ratio (21%) is considered satisfactory.

Reducing Debt: LCTC's debt to equity ratio has increased from 0.4% to 21% over the past 5 years.

Debt Coverage: LCTC's debt is well covered by operating cash flow (36.1%).

Interest Coverage: LCTC's interest payments on its debt are well covered by EBIT (30.5x coverage).


Balance Sheet

Inventory Level: LCTC has a high level of physical assets or inventory.

Debt Coverage by Assets: LCTC's debt is covered by short term assets (assets are 4.2x debt).


Next Steps

Dividend

What is Lifeloc Technologies's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.4%markettop25%3.7%industryaverage1.4%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

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

Growing Dividend: Insufficient data to determine if LCTC'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 LCTC's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

What is the CEO of Lifeloc Technologies's salary, the management and board of directors tenure and is there insider trading?

8.5yrs

Average board tenure


CEO

Wayne Willkomm (56yo)

4yrs

Tenure

US$246,375

Compensation

Dr. Wayne R. Willkomm, Ph.D., has been the Chief Executive Officer and President of Lifeloc Technologies, Inc. since January 18, 2016. Dr. Willkomm served as the Principal Consultant of Willkomm Consulting ...


CEO Compensation Analysis

Compensation vs Market: Wayne's total compensation ($USD246.38K) is below average for companies of similar size in the US market ($USD519.76K).

Compensation vs Earnings: Wayne's compensation has been consistent with company performance over the past year.


Board Age and Tenure

8.5yrs

Average Tenure

77yo

Average Age

Experienced Board: LCTC's board of directors are considered experienced (8.5 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

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


Management Team

  • Vern Kornelsen (86yo)

    Chairman

    • Compensation: US$50.00k
  • Kristie LaRose (46yo)

    Principal Accounting Officer

    • Compensation: US$134.66k
  • Wayne Willkomm (56yo)

    CEO, President & Director

    • Tenure: 4yrs
    • Compensation: US$246.38k

Board Members

  • Vern Kornelsen (86yo)

    Chairman

    • Compensation: US$50.00k
  • Don Siecke (79yo)

    Independent Non-Management Director

    • Tenure: 4yrs
    • Compensation: US$1.35k
  • Robert Greenlee (77yo)

    Independent Non-Management Director

    • Tenure: 30.4yrs
    • Compensation: US$1.20k
  • Wayne Willkomm (56yo)

    CEO, President & Director

    • Tenure: 4yrs
    • Compensation: US$246.38k
  • Michael Kornelsen (58yo)

    Non-Management Director

    • Compensation: US$1.20k

Company Information

Lifeloc Technologies, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Lifeloc Technologies, Inc.
  • Ticker: LCTC
  • Exchange: OTCPK
  • Founded: 1983
  • Industry: Electronic Equipment and Instruments
  • Sector: Tech
  • Market Cap: US$10.430m
  • Shares outstanding: 2.45m
  • Website: https://www.lifeloc.com

Number of Employees


Location

  • Lifeloc Technologies, Inc.
  • 12441 West 49th Avenue
  • Unit 4
  • Wheat Ridge
  • Colorado
  • 80033
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
LCTCOTCPK (Pink Sheets LLC)YesCommon StockUSUSDJan 2012

Biography

Lifeloc Technologies, Inc. develops, manufactures, and markets portable hand-held and fixed station breathalyzers and related accessories for law enforcement, workplace, corrections, original equipment manufacturing, and consumer markets worldwide. It offers fuel-cell based breath alcohol testing equipment; and a line of supplies, accessories, services, and training to support customers' alcohol testing programs. The company also develops and sells online drug and alcohol training and refresher courses. In addition, it engages in the ownership and rental of real property through existing commercial leases. Lifeloc Technologies, Inc. was founded in 1983 and is headquartered in Wheat Ridge, Colorado. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/01/21 00:34
End of Day Share Price2020/01/17 00:00
Earnings2019/09/30
Annual Earnings2018/12/31


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.