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LASSONDE INDS INC-CLASS A (LAS-A.CA) Stock Fundamental Analysis

TSX:LAS-A - Toronto Stock Exchange - CA5179071017 - Common Stock - Currency: CAD

217  +3 (+1.4%)

Fundamental Rating

6

We assign a fundamental rating of 6 out of 10 to LAS-A. LAS-A was compared to 18 industry peers in the Food Products industry. LAS-A has an excellent profitability rating, but there are some minor concerns on its financial health. LAS-A is valued quite cheap, while showing a decent growth score. This is a good combination!


Dividend Valuation Growth Profitability Health

8

1. Profitability

1.1 Basic Checks

LAS-A had positive earnings in the past year.
In the past year LAS-A had a positive cash flow from operations.
In the past 5 years LAS-A has always been profitable.
Each year in the past 5 years LAS-A had a positive operating cash flow.
LAS-A.CA Yearly Net Income VS EBIT VS OCF VS FCFLAS-A.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50M 100M 150M 200M

1.2 Ratios

LAS-A has a better Return On Assets (4.84%) than 77.78% of its industry peers.
LAS-A's Return On Equity of 10.82% is fine compared to the rest of the industry. LAS-A outperforms 77.78% of its industry peers.
LAS-A has a Return On Invested Capital of 7.86%. This is in the better half of the industry: LAS-A outperforms 77.78% of its industry peers.
LAS-A had an Average Return On Invested Capital over the past 3 years of 6.67%. This is in line with the industry average of 6.97%.
The last Return On Invested Capital (7.86%) for LAS-A is above the 3 year average (6.67%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 4.84%
ROE 10.82%
ROIC 7.86%
ROA(3y)4.54%
ROA(5y)5.23%
ROE(3y)8.77%
ROE(5y)9.82%
ROIC(3y)6.67%
ROIC(5y)7.67%
LAS-A.CA Yearly ROA, ROE, ROICLAS-A.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 5 10 15

1.3 Margins

LAS-A's Profit Margin of 4.20% is amongst the best of the industry. LAS-A outperforms 83.33% of its industry peers.
In the last couple of years the Profit Margin of LAS-A has remained more or less at the same level.
LAS-A has a better Operating Margin (6.89%) than 72.22% of its industry peers.
LAS-A's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 26.79%, LAS-A belongs to the top of the industry, outperforming 94.44% of the companies in the same industry.
LAS-A's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 6.89%
PM (TTM) 4.2%
GM 26.79%
OM growth 3Y3.39%
OM growth 5Y2.86%
PM growth 3Y2.33%
PM growth 5Y0.45%
GM growth 3Y-0.9%
GM growth 5Y-0.05%
LAS-A.CA Yearly Profit, Operating, Gross MarginsLAS-A.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 5 10 15 20 25

4

2. Health

2.1 Basic Checks

LAS-A has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
LAS-A has about the same amout of shares outstanding than it did 1 year ago.
LAS-A has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, LAS-A has a worse debt to assets ratio.
LAS-A.CA Yearly Shares OutstandingLAS-A.CA Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2M 4M 6M
LAS-A.CA Yearly Total Debt VS Total AssetsLAS-A.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B 2B

2.2 Solvency

An Altman-Z score of 2.73 indicates that LAS-A is not a great score, but indicates only limited risk for bankruptcy at the moment.
The Altman-Z score of LAS-A (2.73) is better than 77.78% of its industry peers.
LAS-A has a Debt/Equity ratio of 0.42. This is a healthy value indicating a solid balance between debt and equity.
LAS-A's Debt to Equity ratio of 0.42 is amongst the best of the industry. LAS-A outperforms 88.89% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.42
Debt/FCF N/A
Altman-Z 2.73
ROIC/WACC0.87
WACC9.05%
LAS-A.CA Yearly LT Debt VS Equity VS FCFLAS-A.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200M 400M 600M 800M 1B

2.3 Liquidity

LAS-A has a Current Ratio of 1.34. This is a normal value and indicates that LAS-A is financially healthy and should not expect problems in meeting its short term obligations.
The Current ratio of LAS-A (1.34) is better than 66.67% of its industry peers.
LAS-A has a Quick Ratio of 1.34. This is a bad value and indicates that LAS-A is not financially healthy enough and could expect problems in meeting its short term obligations.
The Quick ratio of LAS-A (0.51) is better than 66.67% of its industry peers.
Industry RankSector Rank
Current Ratio 1.34
Quick Ratio 0.51
LAS-A.CA Yearly Current Assets VS Current LiabilitesLAS-A.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M

6

3. Growth

3.1 Past

LAS-A shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 25.49%, which is quite impressive.
LAS-A shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 10.70% yearly.
The Revenue has grown by 16.82% in the past year. This is quite good.
The Revenue has been growing by 9.16% on average over the past years. This is quite good.
EPS 1Y (TTM)25.49%
EPS 3Y15.45%
EPS 5Y10.7%
EPS Q2Q%3.15%
Revenue 1Y (TTM)16.82%
Revenue growth 3Y11.17%
Revenue growth 5Y9.16%
Sales Q2Q%22.8%

3.2 Future

LAS-A is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 12.59% yearly.
LAS-A is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.60% yearly.
EPS Next Y15.72%
EPS Next 2Y12.73%
EPS Next 3Y12.59%
EPS Next 5YN/A
Revenue Next Year11.98%
Revenue Next 2Y8.17%
Revenue Next 3Y6.6%
Revenue Next 5YN/A

3.3 Evolution

The EPS growth rate is stable: in the next years the growth will be about the same than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
LAS-A.CA Yearly Revenue VS EstimatesLAS-A.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 1B 2B 3B
LAS-A.CA Yearly EPS VS EstimatesLAS-A.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 5 10 15 20

7

4. Valuation

4.1 Price/Earnings Ratio

The Price/Earnings ratio is 12.52, which indicates a correct valuation of LAS-A.
88.89% of the companies in the same industry are more expensive than LAS-A, based on the Price/Earnings ratio.
LAS-A's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.91.
Based on the Price/Forward Earnings ratio of 9.92, the valuation of LAS-A can be described as reasonable.
Compared to the rest of the industry, the Price/Forward Earnings ratio of LAS-A indicates a rather cheap valuation: LAS-A is cheaper than 94.44% of the companies listed in the same industry.
LAS-A is valuated cheaply when we compare the Price/Forward Earnings ratio to 21.46, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 12.52
Fwd PE 9.92
LAS-A.CA Price Earnings VS Forward Price EarningsLAS-A.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

Based on the Enterprise Value to EBITDA ratio, LAS-A is valued cheaply inside the industry as 83.33% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 7.38
LAS-A.CA Per share dataLAS-A.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 100 200 300 400

4.3 Compensation for Growth

LAS-A's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The excellent profitability rating of LAS-A may justify a higher PE ratio.
A more expensive valuation may be justified as LAS-A's earnings are expected to grow with 12.59% in the coming years.
PEG (NY)0.8
PEG (5Y)1.17
EPS Next 2Y12.73%
EPS Next 3Y12.59%

5

5. Dividend

5.1 Amount

LAS-A has a Yearly Dividend Yield of 1.96%.
Compared to an average industry Dividend Yield of 4.15, LAS-A has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.43, LAS-A has a dividend comparable with the average S&P500 company.
Industry RankSector Rank
Dividend Yield 1.96%

5.2 History

On average, the dividend of LAS-A grows each year by 9.08%, which is quite nice.
LAS-A has paid a dividend for at least 10 years, which is a reliable track record.
LAS-A has decreased its dividend recently.
Dividend Growth(5Y)9.08%
Div Incr Years1
Div Non Decr Years1
LAS-A.CA Yearly Dividends per shareLAS-A.CA Yearly Dividends per shareYearly Dividends per share 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 0 0 0 0

5.3 Sustainability

24.36% of the earnings are spent on dividend by LAS-A. This is a low number and sustainable payout ratio.
LAS-A's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP24.36%
EPS Next 2Y12.73%
EPS Next 3Y12.59%
LAS-A.CA Yearly Income VS Free CF VS DividendLAS-A.CA Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50M 100M 150M
LAS-A.CA Dividend Payout.LAS-A.CA Dividend Payout, showing the Payout Ratio.LAS-A.CA Dividend Payout.PayoutRetained Earnings

LASSONDE INDS INC-CLASS A

TSX:LAS-A (6/24/2025, 7:00:00 PM)

217

+3 (+1.4%)

Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryFood Products
Earnings (Last)05-08 2025-05-08/amc
Earnings (Next)08-06 2025-08-06
Inst Owners44.58%
Inst Owner ChangeN/A
Ins Owners0.69%
Ins Owner ChangeN/A
Market Cap1.48B
Analysts81.67
Price Target257.81 (18.81%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 1.96%
Yearly Dividend4
Dividend Growth(5Y)9.08%
DP24.36%
Div Incr Years1
Div Non Decr Years1
Ex-Date05-21 2025-05-21 (1.1)
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)15.13%
Min EPS beat(2)12.58%
Max EPS beat(2)17.68%
EPS beat(4)4
Avg EPS beat(4)16.76%
Min EPS beat(4)2.14%
Max EPS beat(4)34.66%
EPS beat(8)6
Avg EPS beat(8)11.72%
EPS beat(12)7
Avg EPS beat(12)8.92%
EPS beat(16)8
Avg EPS beat(16)4.21%
Revenue beat(2)2
Avg Revenue beat(2)1.73%
Min Revenue beat(2)1.5%
Max Revenue beat(2)1.95%
Revenue beat(4)3
Avg Revenue beat(4)1.14%
Min Revenue beat(4)-1.43%
Max Revenue beat(4)2.55%
Revenue beat(8)3
Avg Revenue beat(8)-1.18%
Revenue beat(12)5
Avg Revenue beat(12)-1.1%
Revenue beat(16)6
Avg Revenue beat(16)-1.3%
PT rev (1m)5.2%
PT rev (3m)18.38%
EPS NQ rev (1m)0%
EPS NQ rev (3m)15.2%
EPS NY rev (1m)0%
EPS NY rev (3m)-2.58%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.79%
Valuation
Industry RankSector Rank
PE 12.52
Fwd PE 9.92
P/S 0.54
P/FCF N/A
P/OCF 9.11
P/B 1.39
P/tB 6.15
EV/EBITDA 7.38
EPS(TTM)17.33
EY7.99%
EPS(NY)21.88
Fwd EY10.08%
FCF(TTM)-0.95
FCFYN/A
OCF(TTM)23.83
OCFY10.98%
SpS400.4
BVpS155.62
TBVpS35.27
PEG (NY)0.8
PEG (5Y)1.17
Profitability
Industry RankSector Rank
ROA 4.84%
ROE 10.82%
ROCE 10.79%
ROIC 7.86%
ROICexc 7.97%
ROICexgc 15.23%
OM 6.89%
PM (TTM) 4.2%
GM 26.79%
FCFM N/A
ROA(3y)4.54%
ROA(5y)5.23%
ROE(3y)8.77%
ROE(5y)9.82%
ROIC(3y)6.67%
ROIC(5y)7.67%
ROICexc(3y)6.75%
ROICexc(5y)7.73%
ROICexgc(3y)12.07%
ROICexgc(5y)14.45%
ROCE(3y)9.16%
ROCE(5y)10.53%
ROICexcg growth 3Y-3.3%
ROICexcg growth 5Y0.53%
ROICexc growth 3Y-2.83%
ROICexc growth 5Y1.77%
OM growth 3Y3.39%
OM growth 5Y2.86%
PM growth 3Y2.33%
PM growth 5Y0.45%
GM growth 3Y-0.9%
GM growth 5Y-0.05%
F-Score4
Asset Turnover1.15
Health
Industry RankSector Rank
Debt/Equity 0.42
Debt/FCF N/A
Debt/EBITDA 1.59
Cap/Depr 184.12%
Cap/Sales 6.19%
Interest Coverage 7.21
Cash Conversion 58.05%
Profit Quality N/A
Current Ratio 1.34
Quick Ratio 0.51
Altman-Z 2.73
F-Score4
WACC9.05%
ROIC/WACC0.87
Cap/Depr(3y)131.15%
Cap/Depr(5y)104.2%
Cap/Sales(3y)3.77%
Cap/Sales(5y)3.08%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)25.49%
EPS 3Y15.45%
EPS 5Y10.7%
EPS Q2Q%3.15%
EPS Next Y15.72%
EPS Next 2Y12.73%
EPS Next 3Y12.59%
EPS Next 5YN/A
Revenue 1Y (TTM)16.82%
Revenue growth 3Y11.17%
Revenue growth 5Y9.16%
Sales Q2Q%22.8%
Revenue Next Year11.98%
Revenue Next 2Y8.17%
Revenue Next 3Y6.6%
Revenue Next 5YN/A
EBIT growth 1Y29.48%
EBIT growth 3Y14.94%
EBIT growth 5Y12.27%
EBIT Next Year75.97%
EBIT Next 3Y28.09%
EBIT Next 5YN/A
FCF growth 1Y46.98%
FCF growth 3Y28.99%
FCF growth 5Y3.13%
OCF growth 1Y309.31%
OCF growth 3Y35.63%
OCF growth 5Y10.7%