LEROY SEAFOOD GROUP ASA (LSG.OL) Stock Fundamental Analysis
OSL:LSG - Oslo Bors ASA - NO0003096208 - Common Stock - Currency: NOK
LSG gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 60 industry peers in the Food Products industry. LSG has only an average score on both its financial health and profitability. LSG has a decent growth rate and is not valued too expensively. LSG also has an excellent dividend rating. These ratings could make LSG a good candidate for dividend investing.
1. Profitability
1.1 Basic Checks
LSG had positive earnings in the past year.
In the past year LSG had a positive cash flow from operations.
In the past 5 years LSG has always been profitable.
Each year in the past 5 years LSG had a positive operating cash flow.
1.2 Ratios
LSG has a Return On Assets of 4.80%. This is in the better half of the industry: LSG outperforms 68.42% of its industry peers.
Looking at the Return On Equity, with a value of 10.50%, LSG is in the better half of the industry, outperforming 64.91% of the companies in the same industry.
With a decent Return On Invested Capital value of 6.43%, LSG is doing good in the industry, outperforming 66.67% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for LSG is in line with the industry average of 6.86%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.8% | ||
| ROE | 10.5% | ||
| ROIC | 6.43% |
ROA(3y)5.4%
ROA(5y)5%
ROE(3y)10.22%
ROE(5y)9.29%
ROIC(3y)7.08%
ROIC(5y)7.04%
1.3 Margins
Looking at the Profit Margin, with a value of 6.24%, LSG is in the better half of the industry, outperforming 64.91% of the companies in the same industry.
In the last couple of years the Profit Margin of LSG has declined.
LSG has a Operating Margin (9.15%) which is comparable to the rest of the industry.
In the last couple of years the Operating Margin of LSG has declined.
Looking at the Gross Margin, with a value of 42.19%, LSG is in the better half of the industry, outperforming 64.91% of the companies in the same industry.
In the last couple of years the Gross Margin of LSG has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 9.15% | ||
| PM (TTM) | 6.24% | ||
| GM | 42.19% |
OM growth 3Y1.68%
OM growth 5Y-10.59%
PM growth 3Y-39.47%
PM growth 5Y-44.86%
GM growth 3Y-0.62%
GM growth 5Y-1.8%
2. Health
2.1 Basic Checks
LSG has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for LSG remains at a similar level compared to 1 year ago.
Compared to 5 years ago, LSG has about the same amount of shares outstanding.
The debt/assets ratio for LSG is higher compared to a year ago.
2.2 Solvency
LSG has an Altman-Z score of 2.67. This is not the best score and indicates that LSG is in the grey zone with still only limited risk for bankruptcy at the moment.
The Altman-Z score of LSG (2.67) is better than 70.18% of its industry peers.
The Debt to FCF ratio of LSG is 7.27, which is on the high side as it means it would take LSG, 7.27 years of fcf income to pay off all of its debts.
With a Debt to FCF ratio value of 7.27, LSG perfoms like the industry average, outperforming 42.11% of the companies in the same industry.
LSG has a Debt/Equity ratio of 0.51. This is a neutral value indicating LSG is somewhat dependend on debt financing.
With a Debt to Equity ratio value of 0.51, LSG perfoms like the industry average, outperforming 56.14% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.51 | ||
| Debt/FCF | 7.27 | ||
| Altman-Z | 2.67 |
ROIC/WACC0.89
WACC7.23%
2.3 Liquidity
LSG has a Current Ratio of 2.46. This indicates that LSG is financially healthy and has no problem in meeting its short term obligations.
Looking at the Current ratio, with a value of 2.46, LSG belongs to the top of the industry, outperforming 82.46% of the companies in the same industry.
LSG has a Quick Ratio of 2.15. This indicates that LSG is financially healthy and has no problem in meeting its short term obligations.
LSG has a Quick ratio of 2.15. This is amongst the best in the industry. LSG outperforms 89.47% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.46 | ||
| Quick Ratio | 2.15 |
3. Growth
3.1 Past
LSG shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 1295.06%, which is quite impressive.
The earnings per share for LSG have been decreasing by -32.30% on average. This is quite bad
Looking at the last year, LSG shows a small growth in Revenue. The Revenue has grown by 3.77% in the last year.
The Revenue has been growing by 9.25% on average over the past years. This is quite good.
EPS 1Y (TTM)1295.06%
EPS 3Y-36.47%
EPS 5Y-32.3%
EPS Q2Q%48.33%
Revenue 1Y (TTM)3.77%
Revenue growth 3Y15.64%
Revenue growth 5Y9.25%
Sales Q2Q%-1.4%
3.2 Future
The Earnings Per Share is expected to grow by 109.06% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 6.35% on average over the next years.
EPS Next Y398.39%
EPS Next 2Y182.46%
EPS Next 3Y109.06%
EPS Next 5YN/A
Revenue Next Year6.26%
Revenue Next 2Y7.7%
Revenue Next 3Y6.35%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
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
With a Price/Earnings ratio of 14.62, LSG is valued correctly.
Based on the Price/Earnings ratio, LSG is valued a bit cheaper than the industry average as 68.42% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 28.47. LSG is valued slightly cheaper when compared to this.
LSG is valuated reasonably with a Price/Forward Earnings ratio of 11.21.
LSG's Price/Forward Earnings is on the same level as the industry average.
LSG's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 92.74.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.62 | ||
| Fwd PE | 11.21 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as LSG.
LSG's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 20.77 | ||
| EV/EBITDA | 8.82 |
4.3 Compensation for Growth
LSG's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
LSG's earnings are expected to grow with 109.06% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.04
PEG (5Y)N/A
EPS Next 2Y182.46%
EPS Next 3Y109.06%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.44%, LSG is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 3.24, LSG pays a better dividend. On top of this LSG pays more dividend than 82.46% of the companies listed in the same industry.
LSG's Dividend Yield is rather good when compared to the S&P500 average which is at 2.28.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.44% |
5.2 History
The dividend of LSG is nicely growing with an annual growth rate of 9.99%!
Dividend Growth(5Y)9.99%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
77.89% of the earnings are spent on dividend by LSG. This is not a sustainable payout ratio.
LSG's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP77.89%
EPS Next 2Y182.46%
EPS Next 3Y109.06%
LEROY SEAFOOD GROUP ASA
OSL:LSG (2/5/2025, 3:32:33 PM)
53.65
+0.15 (+0.28%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryFood Products
Earnings (Last)
Earnings (Next)
Inst Owners27.75%
Inst Owner ChangeN/A
Ins Owners0.02%
Ins Owner ChangeN/A
Market Cap31.96B
Analysts82.67
Price Target61.77 (15.14%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.44% |
Yearly Dividend2.57
Dividend Growth(5Y)9.99%
DP77.89%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)18.97%
Min EPS beat(2)-26.34%
Max EPS beat(2)64.29%
EPS beat(4)2
Avg EPS beat(4)31.47%
Min EPS beat(4)-26.34%
Max EPS beat(4)97.67%
EPS beat(8)2
Avg EPS beat(8)-30.58%
EPS beat(12)2
Avg EPS beat(12)-27%
EPS beat(16)3
Avg EPS beat(16)-20.67%
Revenue beat(2)0
Avg Revenue beat(2)-6.97%
Min Revenue beat(2)-8.34%
Max Revenue beat(2)-5.59%
Revenue beat(4)2
Avg Revenue beat(4)-0.32%
Min Revenue beat(4)-8.34%
Max Revenue beat(4)9.53%
Revenue beat(8)5
Avg Revenue beat(8)3.27%
Revenue beat(12)8
Avg Revenue beat(12)3.06%
Revenue beat(16)10
Avg Revenue beat(16)2.23%
PT rev (1m)0.37%
PT rev (3m)-1.42%
EPS NQ rev (1m)-9.91%
EPS NQ rev (3m)-28.25%
EPS NY rev (1m)-11.84%
EPS NY rev (3m)-11.84%
Revenue NQ rev (1m)4.25%
Revenue NQ rev (3m)8.65%
Revenue NY rev (1m)0.07%
Revenue NY rev (3m)0.07%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.62 | ||
| Fwd PE | 11.21 | ||
| P/S | 1.04 | ||
| P/FCF | 20.77 | ||
| P/OCF | 10.11 | ||
| P/B | 1.74 | ||
| P/tB | 3.4 | ||
| EV/EBITDA | 8.82 |
EPS(TTM)3.67
EY6.84%
EPS(NY)4.79
Fwd EY8.92%
FCF(TTM)2.58
FCFY4.81%
OCF(TTM)5.31
OCFY9.89%
SpS51.83
BVpS30.81
TBVpS15.79
PEG (NY)0.04
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.8% | ||
| ROE | 10.5% | ||
| ROCE | 8.62% | ||
| ROIC | 6.43% | ||
| ROICexc | 7.07% | ||
| ROICexgc | 9.96% | ||
| OM | 9.15% | ||
| PM (TTM) | 6.24% | ||
| GM | 42.19% | ||
| FCFM | 4.98% |
ROA(3y)5.4%
ROA(5y)5%
ROE(3y)10.22%
ROE(5y)9.29%
ROIC(3y)7.08%
ROIC(5y)7.04%
ROICexc(3y)8.08%
ROICexc(5y)8.01%
ROICexgc(3y)11.64%
ROICexgc(5y)11.93%
ROCE(3y)9.46%
ROCE(5y)9.3%
ROICexcg growth 3Y2.99%
ROICexcg growth 5Y-11.86%
ROICexc growth 3Y6.99%
ROICexc growth 5Y-9.15%
OM growth 3Y1.68%
OM growth 5Y-10.59%
PM growth 3Y-39.47%
PM growth 5Y-44.86%
GM growth 3Y-0.62%
GM growth 5Y-1.8%
F-Score6
Asset Turnover0.77
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.51 | ||
| Debt/FCF | 7.27 | ||
| Debt/EBITDA | 2.11 | ||
| Cap/Depr | 101.95% | ||
| Cap/Sales | 5.26% | ||
| Interest Coverage | 4.2 | ||
| Cash Conversion | 71.58% | ||
| Profit Quality | 79.87% | ||
| Current Ratio | 2.46 | ||
| Quick Ratio | 2.15 | ||
| Altman-Z | 2.67 |
F-Score6
WACC7.23%
ROIC/WACC0.89
Cap/Depr(3y)79.72%
Cap/Depr(5y)96.75%
Cap/Sales(3y)4.04%
Cap/Sales(5y)5.02%
Profit Quality(3y)296.16%
Profit Quality(5y)222.59%
High Growth Momentum
Growth
EPS 1Y (TTM)1295.06%
EPS 3Y-36.47%
EPS 5Y-32.3%
EPS Q2Q%48.33%
EPS Next Y398.39%
EPS Next 2Y182.46%
EPS Next 3Y109.06%
EPS Next 5YN/A
Revenue 1Y (TTM)3.77%
Revenue growth 3Y15.64%
Revenue growth 5Y9.25%
Sales Q2Q%-1.4%
Revenue Next Year6.26%
Revenue Next 2Y7.7%
Revenue Next 3Y6.35%
Revenue Next 5YN/A
EBIT growth 1Y-14.45%
EBIT growth 3Y17.58%
EBIT growth 5Y-2.33%
EBIT Next Year44.13%
EBIT Next 3Y27.72%
EBIT Next 5YN/A
FCF growth 1Y-17.37%
FCF growth 3Y19.71%
FCF growth 5Y15.24%
OCF growth 1Y14.37%
OCF growth 3Y12.13%
OCF growth 5Y3.7%