OTCPK:LMHD.F

Stock Analysis Report

Executive Summary

LEM Holding SA, together with its subsidiaries, provides solutions for measuring electrical parameters in China, the United States, Germany, Japan, Italy, Switzerland, and internationally.

Snowflake

Fundamentals

Excellent balance sheet with moderate growth potential.

Share Price & News

How has LEM Holding's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0%

OTCPK:LMHD.F

3.3%

US Electronic

1.1%

US Market


1 Year Return

n/a

OTCPK:LMHD.F

-0.06%

US Electronic

2.1%

US Market

No trading data on LMHD.F.

No trading data on LMHD.F.


Share holder returns

LMHD.FIndustryMarket
7 Day0%3.3%1.1%
30 Day0%9.1%3.7%
90 Dayn/a4.3%2.3%
1 Yearn/a1.0%-0.06%4.4%2.1%
3 Yearn/a55.6%51.2%47.0%37.4%
5 Yearn/a70.8%62.3%61.6%43.8%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is LEM Holding undervalued based on future cash flows and its price relative to the stock market?

26.47x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

LEM Holding's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

LEM Holding's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

LEM Holding is overvalued based on earnings compared to the US Electronic industry average.

LEM Holding is overvalued based on earnings compared to the United States of America market.


Price Based on Expected Growth

LEM Holding is poor value based on expected growth next year.


Price Based on Value of Assets

LEM Holding is overvalued based on assets compared to the US Electronic industry average.


Next Steps

Future Growth

How is LEM Holding expected to perform in the next 1 to 3 years based on estimates from 3 analysts?

10.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

LEM Holding's revenue is expected to grow by 7.9% yearly, however this is not considered high growth (20% yearly).

LEM Holding's earnings are expected to grow by 10.1% yearly, however this is not considered high growth (20% yearly).

LEM Holding's revenue growth is expected to exceed the United States of America market average.

LEM Holding's earnings growth is positive but not above the United States of America market average.

LEM Holding's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

LEM Holding is expected to make outstanding use of shareholders’ funds in the future (Return on Equity greater than 40%).


Next Steps

Past Performance

How has LEM Holding performed over the past 5 years?

5.3%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

LEM Holding's year on year earnings growth rate has been positive over the past 5 years.

LEM Holding's 1-year earnings growth is negative, it can't be compared to the 5-year average.

LEM Holding's 1-year earnings growth is negative, it can't be compared to the US Electronic industry average.


Return on Equity

LEM Holding made outstanding use of shareholders’ funds last year (Return on Equity greater than 40%).


Return on Assets

LEM Holding used its assets more efficiently than the US Electronic industry average last year based on Return on Assets.


Return on Capital Employed

LEM Holding's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is LEM Holding's financial position?


Financial Position Analysis

LEM Holding is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

LEM Holding's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

LEM Holding's level of debt (7.1%) compared to net worth is satisfactory (less than 40%).

The level of debt compared to net worth has increased over the past 5 years (0.1% vs 7.1% today).

Debt is well covered by operating cash flow (669.4%, greater than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 572.4x coverage).


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 15.6x debt.


Next Steps

Dividend

What is LEM Holding's current dividend yield, its reliability and sustainability?

3.87%

Expected Dividend Yield


Dividend Yield and Payments Analysis

LEM Holding's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.45%).

LEM Holding's dividend is below the markets top 25% of dividend payers in United States of America (3.67%).

Dividends per share have been volatile in the past 10 years (annual drop of over 20%).

Dividends per share have increased over the past 10 years.


Current Payout to Shareholders

Dividends paid are not well covered by earnings (1.1x coverage).


Future Payout to Shareholders

Dividends after 3 years are expected to be covered by earnings (1.2x coverage).


Next Steps

Management

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

3.8yrs

Average management tenure


CEO

Frank Rehfeld (51yo)

1.4yrs

Tenure

CHF933,000

Compensation

Mr. Frank Rehfeld has been Chief Executive Officer at Lem Holding SA since 1 April 2018. He serves as Senior Vice President of Industry at Lem Holding SA since January 01, 2016 and served as its Head of Th ...


CEO Compensation Analysis

Frank's remuneration is lower than average for companies of similar size in United States of America.

Insufficient data for Frank to compare compensation growth.


Management Age and Tenure

3.8yrs

Average Tenure

52yo

Average Age

The tenure for the LEM Holding management team is about average.


Board Age and Tenure

5.2yrs

Average Tenure

61.5yo

Average Age

The tenure for the LEM Holding board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Rainer Bos (57yo)

    Senior Vice President of Automotive

    • Tenure: 4.2yrs
  • Andrea Borla (52yo)

    Chief Financial Officer

    • Tenure: 3.8yrs
  • Frank Rehfeld (51yo)

    CEO & Senior VP of Industry

    • Tenure: 1.4yrs
    • Compensation: CHF933.00k

Board Members

  • François Gabella (61yo)

    Director

    • Tenure: 1.3yrs
    • Compensation: CHF87.00k
  • Ueli Wampfler (69yo)

    Director

    • Tenure: 12.7yrs
    • Compensation: CHF131.00k
  • Ilan Cohen (63yo)

    Director

    • Tenure: 9.3yrs
    • Compensation: CHF131.00k
  • Andreas Hürlimann (55yo)

    Chairman of the Board

    • Tenure: 6.3yrs
    • Compensation: CHF337.00k
  • Ulrich Looser (62yo)

    Director

    • Tenure: 4.2yrs
    • Compensation: CHF153.00k
  • Werner Weber (59yo)

    Director

    • Tenure: 2.2yrs
    • Compensation: CHF87.00k

Company Information

LEM Holding SA's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: LEM Holding SA
  • Ticker: LMHD.F
  • Exchange: OTCPK
  • Founded: 1972
  • Industry: Electronic Equipment and Instruments
  • Sector: Tech
  • Market Cap: CHF1.397b
  • Listing Market Cap: CHF1.406b
  • Shares outstanding: 1.14m
  • Website: https://www.lem.com

Number of Employees


Location

  • LEM Holding SA
  • Avenue Beauregard 1
  • Fribourg
  • Fribourg
  • 1700
  • Switzerland

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
LEHNSWX (SIX Swiss Exchange)YesOrdinary SharesCHCHFJul 1999
LELADB (Deutsche Boerse AG)YesOrdinary SharesDEEURJul 1999
LMHD.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDJul 1999
0QKBLSE (London Stock Exchange)YesOrdinary SharesGBCHFJul 1999

Biography

LEM Holding SA, together with its subsidiaries, provides solutions for measuring electrical parameters in China, the United States, Germany, Japan, Italy, Switzerland, and internationally. It operates thro ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/17 00:03
End of Day Share Price2019/06/24 00:00
Earnings2019/06/30
Annual Earnings2019/03/31


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.