LACROIX GROUP (LACR.PA) Stock Fundamental Analysis
Europe - Euronext Paris - EPA:LACR - FR0000066607 - Common Stock
12.2 EUR
+0.05 (+0.41%)
We assign a fundamental rating of 3 out of 10 to LACR. LACR was compared to 51 industry peers in the Electronic Equipment, Instruments & Components industry. Both the profitability and financial health of LACR have multiple concerns. LACR has a bad growth rate and is valued cheaply.
1. Profitability
1.1 Basic Checks
- In the past year LACR has reported negative net income.
- LACR had a positive operating cash flow in the past year.
- LACR had positive earnings in 4 of the past 5 years.
- LACR had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- LACR has a Return On Assets of -8.70%. This is amonst the worse of the industry: LACR underperforms 80.39% of its industry peers.
- The Return On Equity of LACR (-35.76%) is worse than 80.39% of its industry peers.
- With a Return On Invested Capital value of 3.16%, LACR perfoms like the industry average, outperforming 47.06% of the companies in the same industry.
- LACR had an Average Return On Invested Capital over the past 3 years of 3.54%. This is below the industry average of 7.51%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -8.7% | ||
| ROE | -35.76% | ||
| ROIC | 3.16% |
ROA(3y)-1.19%
ROA(5y)0.71%
ROE(3y)-5.18%
ROE(5y)2.12%
ROIC(3y)3.54%
ROIC(5y)4.32%
1.3 Margins
- LACR has a Operating Margin (2.08%) which is in line with its industry peers.
- In the last couple of years the Operating Margin of LACR has declined.
- LACR's Gross Margin of 42.71% is in line compared to the rest of the industry. LACR outperforms 54.90% of its industry peers.
- In the last couple of years the Gross Margin of LACR has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 2.08% | ||
| PM (TTM) | N/A | ||
| GM | 42.71% |
OM growth 3Y-34.78%
OM growth 5Y-26.33%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y0.09%
GM growth 5Y5.14%
2. Health
2.1 Basic Checks
- LACR has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
- LACR has about the same amout of shares outstanding than it did 1 year ago.
- LACR has more shares outstanding than it did 5 years ago.
- Compared to 1 year ago, LACR has a worse debt to assets ratio.
2.2 Solvency
- LACR has an Altman-Z score of 1.60. This is a bad value and indicates that LACR is not financially healthy and even has some risk of bankruptcy.
- With a Altman-Z score value of 1.60, LACR is not doing good in the industry: 72.55% of the companies in the same industry are doing better.
- The Debt to FCF ratio of LACR is 4.53, which is a neutral value as it means it would take LACR, 4.53 years of fcf income to pay off all of its debts.
- The Debt to FCF ratio of LACR (4.53) is better than 64.71% of its industry peers.
- LACR has a Debt/Equity ratio of 0.88. This is a neutral value indicating LACR is somewhat dependend on debt financing.
- With a Debt to Equity ratio value of 0.88, LACR is not doing good in the industry: 78.43% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.88 | ||
| Debt/FCF | 4.53 | ||
| Altman-Z | 1.6 |
ROIC/WACC0.47
WACC6.76%
2.3 Liquidity
- LACR has a Current Ratio of 1.28. This is a normal value and indicates that LACR is financially healthy and should not expect problems in meeting its short term obligations.
- With a Current ratio value of 1.28, LACR is not doing good in the industry: 66.67% of the companies in the same industry are doing better.
- A Quick Ratio of 0.84 indicates that LACR may have some problems paying its short term obligations.
- LACR's Quick ratio of 0.84 is on the low side compared to the rest of the industry. LACR is outperformed by 70.59% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.28 | ||
| Quick Ratio | 0.84 |
3. Growth
3.1 Past
- The earnings per share for LACR have decreased strongly by -164.72% in the last year.
- LACR shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -19.04%.
- LACR shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 5.70% yearly.
EPS 1Y (TTM)-164.72%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-46.81%
Revenue 1Y (TTM)-19.04%
Revenue growth 3Y8.22%
Revenue growth 5Y5.7%
Sales Q2Q%-17.59%
3.2 Future
- LACR is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 35.09% yearly.
- LACR is expected to show a very negative growth in Revenue. In the coming years, the Revenue will decrease by -10.66% yearly.
EPS Next Y5.82%
EPS Next 2Y54.53%
EPS Next 3Y35.09%
EPS Next 5YN/A
Revenue Next Year-33.54%
Revenue Next 2Y-17.14%
Revenue Next 3Y-10.66%
Revenue Next 5YN/A
3.3 Evolution
- The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- The Price/Earnings Ratio is negative for LACR. In the last year negative earnings were reported.
- With a Price/Forward Earnings ratio of 4.27, the valuation of LACR can be described as very cheap.
- 94.12% of the companies in the same industry are more expensive than LACR, based on the Price/Forward Earnings ratio.
- Compared to an average S&P500 Price/Forward Earnings ratio of 25.98, LACR is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 4.27 |
4.2 Price Multiples
- LACR's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. LACR is cheaper than 98.04% of the companies in the same industry.
- Based on the Price/Free Cash Flow ratio, LACR is valued cheaper than 98.04% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 2.18 | ||
| EV/EBITDA | 2.53 |
4.3 Compensation for Growth
- The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
- A more expensive valuation may be justified as LACR's earnings are expected to grow with 35.09% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y54.53%
EPS Next 3Y35.09%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 2.97%, LACR has a reasonable but not impressive dividend return.
- Compared to an average industry Dividend Yield of 1.56, LACR pays a bit more dividend than its industry peers.
- Compared to an average S&P500 Dividend Yield of 1.82, LACR pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.97% |
5.2 History
- The dividend of LACR has a limited annual growth rate of 1.73%.
Dividend Growth(5Y)1.73%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
- The earnings of LACR are negative and hence is the payout ratio. LACR will probably not be able to sustain this dividend level.
- The dividend of LACR is growing, but earnings are growing more, so the dividend growth is sustainable.
DP-9.02%
EPS Next 2Y54.53%
EPS Next 3Y35.09%
LACROIX GROUP / LACR.PA FAQ
What is the fundamental rating for LACR stock?
ChartMill assigns a fundamental rating of 3 / 10 to LACR.PA.
What is the valuation status of LACROIX GROUP (LACR.PA) stock?
ChartMill assigns a valuation rating of 7 / 10 to LACROIX GROUP (LACR.PA). This can be considered as Undervalued.
Can you provide the profitability details for LACROIX GROUP?
LACROIX GROUP (LACR.PA) has a profitability rating of 3 / 10.
What is the financial health of LACROIX GROUP (LACR.PA) stock?
The financial health rating of LACROIX GROUP (LACR.PA) is 2 / 10.