LTE Stock Overview
Lighthouse Capital Limited invests in direct property, and listed real estate and infrastructure securities.
Price History & Performance
|Historical stock prices|
|Current Share Price||R8.25|
|52 Week High||R9.20|
|52 Week Low||R6.00|
|1 Month Change||-1.43%|
|3 Month Change||-1.79%|
|1 Year Change||26.92%|
|3 Year Change||3.13%|
|5 Year Change||-73.56%|
|Change since IPO||-93.77%|
Recent News & Updates
|LTE||ZA Real Estate||ZA Market|
Return vs Industry: LTE underperformed the ZA Real Estate industry which returned 32% over the past year.
Return vs Market: LTE exceeded the ZA Market which returned 17.7% over the past year.
|LTE Average Weekly Movement||3.5%|
|Real Estate Industry Average Movement||6.2%|
|Market Average Movement||6.1%|
|10% most volatile stocks in ZA Market||12.3%|
|10% least volatile stocks in ZA Market||3.4%|
Stable Share Price: LTE is less volatile than 75% of ZA stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: LTE's weekly volatility (3%) has been stable over the past year.
About the Company
Lighthouse Capital Limited invests in direct property, and listed real estate and infrastructure securities. Its property portfolio includes retail, logistics, industrial, warehousing, and office properties in Australia, Canada, Hong Kong, Singapore, the United Kingdom, Europe, and the United States. The company was formerly known as Greenbay Properties Ltd.
Lighthouse Capital Fundamentals Summary
|LTE fundamental statistics|
Is LTE overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|LTE income statement (TTM)|
|Cost of Revenue||€8.54m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.17|
|Net Profit Margin||208.77%|
How did LTE perform over the long term?See historical performance and comparison
6.6%Current Dividend Yield
Is Lighthouse Capital undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: LTE (ZAR8.25) is trading above our estimate of fair value (ZAR2.79)
Significantly Below Fair Value: LTE is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: LTE is unprofitable, so we can't compare its PE Ratio to the ZA Real Estate industry average.
PE vs Market: LTE is unprofitable, so we can't compare its PE Ratio to the ZA market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate LTE's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: LTE is overvalued based on its PB Ratio (2.9x) compared to the ZA Real Estate industry average (0.6x).
How is Lighthouse Capital forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Real Estate 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 Lighthouse Capital 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.
How has Lighthouse Capital performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: LTE is currently unprofitable.
Growing Profit Margin: LTE is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: LTE is unprofitable, and losses have increased over the past 5 years at a rate of 63.5% per year.
Accelerating Growth: Unable to compare LTE's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: LTE is unprofitable, making it difficult to compare its past year earnings growth to the Real Estate industry (8%).
Return on Equity
High ROE: LTE has a negative Return on Equity (-110.13%), as it is currently unprofitable.
How is Lighthouse Capital's financial position?
Financial Position Analysis
Short Term Liabilities: LTE's short term assets (€28.0M) exceed its short term liabilities (€6.1M).
Long Term Liabilities: LTE's short term assets (€28.0M) do not cover its long term liabilities (€132.3M).
Debt to Equity History and Analysis
Debt Level: LTE's net debt to equity ratio (42%) is considered high.
Reducing Debt: LTE's debt to equity ratio has increased from 4.4% to 53.3% over the past 5 years.
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: Whilst unprofitable LTE has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: LTE is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 18.1% per year.
What is Lighthouse Capital current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: LTE's dividend (6.63%) is higher than the bottom 25% of dividend payers in the ZA market (2.97%).
High Dividend: LTE's dividend (6.63%) is low compared to the top 25% of dividend payers in the ZA market (7.61%).
Stability and Growth of Payments
Stable Dividend: LTE has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: LTE has only been paying a dividend for 5 years, and since then payments have fallen.
Current Payout to Shareholders
Dividend Coverage: LTE is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Justin Muller (37 yo)
Mr. Justin Jamer Muller, CA(SA), BCompt (Hons), NDREES, has been the Chief Investment Officer and Executive Director of Lighthouse Capital Limited since May 13, 2019 and has been its Chief Executive Office...
CEO Compensation Analysis
Compensation vs Market: Insufficient data to establish whether Justin's total compensation is reasonable compared to companies of similar size in the ZA market.
Compensation vs Earnings: Insufficient data to compare Justin's compensation with company performance.
Experienced Management: LTE's management team is not considered experienced ( 0.3 years average tenure), which suggests a new team.
Experienced Board: LTE's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.
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
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 3.4%.
Lighthouse Capital Limited's employee growth, exchange listings and data sources
- Name: Lighthouse Capital Limited
- Ticker: LTE
- Exchange: JSE
- Founded: 2014
- Industry: Real Estate Operating Companies
- Sector: Real Estate
- Market Cap: R10.143b
- Shares outstanding: 1.25b
- Website: https://www.lighthousecapital.mu
- Lighthouse Capital Limited
- C1-401, La Croisette
- 4th Floor
- Grand Baie
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/12/01 17:01|
|End of Day Share Price||2021/12/01 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.