OTCPK:LICT

Stock Analysis Report

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Executive Summary

LICT Corporation, together with its subsidiaries, provides broadband, voice, and video services to residential, commercial, and governmental customers. More Details


Snowflake Analysis

Flawless balance sheet and good value.

Share Price & News

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


Latest Share Price and Events

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


Market Performance


7 Day Return

0%

LICT

0.4%

US Telecom

0.08%

US Market


1 Year Return

-2.7%

LICT

-11.6%

US Telecom

12.8%

US Market

Return vs Industry: LICT exceeded the US Telecom industry which returned -11.6% over the past year.

Return vs Market: LICT underperformed the US Market which returned 12.8% over the past year.


Shareholder returns

LICTIndustryMarket
7 Day0%0.4%0.08%
30 Day-1.1%-0.2%-1.8%
90 Day4.7%2.3%7.2%
1 Year-2.7%-2.7%-7.1%-11.6%15.3%12.8%
3 Year42.4%42.4%7.4%-8.0%39.2%29.9%
5 Year240.7%240.7%32.1%2.5%88.3%67.1%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

40.9%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: LICT ($17800) is trading below our estimate of fair value ($30143.68)

Significantly Below Fair Value: LICT is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: LICT is good value based on its PE Ratio (10.2x) compared to the US Telecom industry average (11.9x).

PE vs Market: LICT is good value based on its PE Ratio (10.2x) compared to the US market (18.2x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: LICT is overvalued based on its PB Ratio (2x) compared to the US Telecom industry average (1.3x).


Next Steps

Future Growth

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

8.3%

Forecasted Telecom 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 LICT 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

  • Examine whether LICT is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
  • While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on theOTC Markets Website. If you are looking for more of a qualitative research into the company, you can access LICT's filings and announcementshere.
  • Explore growth companies in the Telecom industry.

Past Performance

How has LICT performed over the past 5 years?

32.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: LICT has a large one-off gain of $10.6M impacting its June 30 2020 financial results.

Growing Profit Margin: LICT's current net profit margins (27.8%) are higher than last year (23.5%).


Past Earnings Growth Analysis

Earnings Trend: LICT's earnings have grown significantly by 32.7% per year over the past 5 years.

Accelerating Growth: LICT's earnings growth over the past year (19.5%) is below its 5-year average (32.7% per year).

Earnings vs Industry: LICT earnings growth over the past year (19.5%) exceeded the Telecom industry -12.9%.


Return on Equity

High ROE: LICT's Return on Equity (19.8%) is considered low.


Next Steps

Financial Health

How is LICT's financial position?


Financial Position Analysis

Short Term Liabilities: LICT's short term assets ($103.2M) exceed its short term liabilities ($28.2M).

Long Term Liabilities: LICT's short term assets ($103.2M) exceed its long term liabilities ($77.4M).


Debt to Equity History and Analysis

Debt Level: LICT's debt to equity ratio (37.6%) is considered satisfactory.

Reducing Debt: LICT's debt to equity ratio has reduced from 48.2% to 37.6% over the past 5 years.

Debt Coverage: LICT's debt is well covered by operating cash flow (78%).

Interest Coverage: LICT's interest payments on its debt are well covered by EBIT (29.1x coverage).


Balance Sheet


Next Steps

Dividend

What is LICT current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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


Stability and Growth of Payments

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

Growing Dividend: Insufficient data to determine if LICT'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 LICT'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?

8.1yrs

Average management tenure


CEO

Mario Gabelli (77 yo)

9.75yrs

Tenure

US$150,000

Compensation

Mr. Mario Joseph Gabelli, CFA is Chairman and Chief Investment Officer of The Gabelli Dividend & Income Trust and serves as its Director since 2003. Mr. Gaelli serves as Portfolio Manager for the Teton Wes ...


Leadership Team

NamePositionTenureCompensationOwnership
Mario Gabelli
Chairman & CEO9.75yrsUS$150.00kno data
Robert Dolan
Director & Secretaryno dataUS$565.00kno data
Daniel Hopkins
President & CFO0.83yrno datano data
Christina McEntee
Administrative Officerno datano datano data
Evelyn Jerden
Senior Vice President of Regulatory Dynamics11.75yrsUS$275.66kno data
John Aoki
Corporate Controller6.42yrsno datano data

8.1yrs

Average Tenure

63yo

Average Age

Experienced Management: LICT's management team is seasoned and experienced (8.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Mario Gabelli
Chairman & CEO9.75yrsUS$150.00kno data
Robert Dolan
Director & Secretaryno dataUS$565.00kno data
Gary Sugarman
Director1.58yrsUS$49.75kno data
Avrum Gray
Director4yrsno datano data
Salvatore Muoio
Director21.67yrsUS$49.00kno data
Salvatore Salibello
Director0.42yrno datano data
Marc Gabelli
Director17.67yrsno datano data
Philip Lombardo
Directorno datano datano data

9.9yrs

Average Tenure

74yo

Average Age

Experienced Board: LICT's board of directors are considered experienced (9.9 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.


Ownership Breakdown

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


Top Shareholders

Company Information

LICT Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: LICT Corporation
  • Ticker: LICT
  • Exchange: OTCPK
  • Founded: 1996
  • Industry: Integrated Telecommunication Services
  • Sector: Telecom
  • Market Cap: US$333.198m
  • Shares outstanding: 18.72k
  • Website: https://lictcorp.com

Number of Employees


Location

  • LICT Corporation
  • 401 Theodore Fremd Avenue
  • Rye
  • New York
  • 10580-1430
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
LICTOTCPK (Pink Sheets LLC)YesCommon StockUSUSDSep 1999

Biography

LICT Corporation, together with its subsidiaries, provides broadband, voice, and video services to residential, commercial, and governmental customers. It offers high speed broadband services, including In ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/09/21 06:12
End of Day Share Price2020/09/15 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.