Loading...

You're on the old version of Simply Wall St. We will no longer be supporting this site, so we recommend you switch to our brand new platform.

Lamprell

DB:L51
Snowflake Description

Adequate balance sheet and fair value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
L51
DB
£41M
Market Cap
  1. Home
  2. DE
  3. Energy
Company description

Lamprell plc, together with its subsidiaries, provides fabrication, engineering, installation, and contracting services to the offshore and onshore oil and gas, and renewable energy industries in the United Arab Emirates and the Kingdom of Saudi Arabia. The last earnings update was 200 days ago. More info.


Add to Portfolio Compare Print
  • Lamprell has significant price volatility in the past 3 months.
L51 Share Price and Events
7 Day Returns
-29.2%
DB:L51
8.1%
Europe Energy Services
-0.6%
DE Market
1 Year Returns
-87.1%
DB:L51
-57.2%
Europe Energy Services
-20.9%
DE Market
L51 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Lamprell (L51) -29.2% -68.6% -79.1% -87.1% -93.1% -94.5%
Europe Energy Services 8.1% -27.8% -50.1% -57.2% -65.6% -87.6%
DE Market -0.6% -16.6% -26% -20.9% -25.8% -31.8%
1 Year Return vs Industry and Market
  • L51 underperformed the Energy Services industry which returned -57.2% over the past year.
  • L51 underperformed the Market in Germany which returned -20.9% over the past year.
Price Volatility
L51
Industry
5yr Volatility vs Market
Related Companies

Sorry, no analysis for Lamprell's competitors could be found in our database.

Value

 Is Lamprell undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Lamprell to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Lamprell.

DB:L51 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Dividend Discount Model
Dividend Per Share Company Filings (2019-06-30) in USD $ 0.02925
Payout Ratio Company Filings (2019-06-30) 0%
Discount Rate (Cost of Equity) See below 8.7%
Perpetual Growth Rate 10-Year DE Government Bond Rate -0.4%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:L51
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate -0.4%
Equity Risk Premium S&P Global 6.1%
Energy Services Unlevered Beta Simply Wall St/ S&P Global 0.91
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.912 (1 + (1- 55%) (200.83%))
1.493
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.49
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= -0.39% + (1.493 * 6.07%)
8.67%

Discounted Cash Flow Calculation for DB:L51 using Dividend Discount Model Model

The calculations below outline how an intrinsic value for Lamprell is arrived at by discounting future dividends to their present value. This approach is used for finance firms where free cash flow is difficult to estimate (e.g. Banks/ Insurance firms).

If the firm does not pay the majority of its earnings out as a dividend this method will often arrive at a value significantly lower than the share price.

See our documentation to learn about this calculation.

DB:L51 Gordon Growth Model
Calculation Result
Value per share = Expected dividends per share / (Discount Rate - Perpetual growth rate)
= $0.03 / (8.67% - -0.39%)
$0.14
DB:L51 Discount to Share Price
Calculation Result
Exchange Rate USD/GBP
(Reporting currency to currency of LSE:LAM)
0.817
Value per Share
(GBP)
= Value per Share in USD x Exchange Rate (USD/GBP)
= $0.32 x 0.817
£0.26
Non-primary Listing Adjustment Factor 1 share in DB:L51 represents 0.72x of LSE:LAM
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.72x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (GBP) x Listing Adjustment Factor
= £ 0.26 x 0.72
€0.19
Value per share (EUR) From above. €0.19
Current discount Discount to share price of €0.09
= -1 x (€0.09 - €0.19) / €0.19
54.5%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Lamprell is available for.
Intrinsic value
>50%
Share price is €0.0864 vs Future cash flow value of €0.18984
Current Discount Checks
For Lamprell to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Lamprell's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Lamprell's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Lamprell's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Lamprell's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:L51 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-06-30) in USD $-0.29
LSE:LAM Share Price ** LSE (2020-04-06) in GBP £0.12
LSE:LAM Share Price converted to USD reporting currency Exchange rate (GBP/ USD) 1.224 $0.15
Europe Energy Services Industry PE Ratio Median Figure of 31 Publicly-Listed Energy Services Companies 8.85x
Germany Market PE Ratio Median Figure of 401 Publicly-Listed Companies 16.45x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Lamprell.

DB:L51 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= LSE:LAM Share Price ÷ EPS (both in USD)

= 0.15 ÷ -0.29

-0.5x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Lamprell is loss making, we can't compare its value to the Europe Energy Services industry average.
  • Lamprell is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does Lamprell's expected growth come at a high price?
Raw Data
DB:L51 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -0.5x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 5 Analysts
77.1%per year
Europe Energy Services Industry PEG Ratio Median Figure of 20 Publicly-Listed Energy Services Companies 0.51x
Germany Market PEG Ratio Median Figure of 256 Publicly-Listed Companies 1.16x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Lamprell, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Lamprell's assets?
Raw Data
DB:L51 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-06-30) in USD $1.00
LSE:LAM Share Price * LSE (2020-04-06) in GBP £0.12
LSE:LAM Share Price converted to USD reporting currency Exchange rate (GBP/ USD) 1.224 $0.15
Europe Energy Services Industry PB Ratio Median Figure of 70 Publicly-Listed Energy Services Companies 0.4x
Germany Market PB Ratio Median Figure of 572 Publicly-Listed Companies 1.44x
DB:L51 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= LSE:LAM Share Price ÷ Book Value per Share (both in USD)

= 0.15 ÷ 1.00

0.15x

* Primary Listing of Lamprell.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Lamprell is good value based on assets compared to the Europe Energy Services industry average.
X
Value checks
We assess Lamprell's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Energy Services industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Energy Services industry average (and greater than 0)? (1 check)
  5. Lamprell has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Lamprell expected to perform in the next 1 to 3 years based on estimates from 5 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
77.1%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Lamprell expected to grow at an attractive rate?
  • Unable to compare Lamprell's earnings growth to the low risk savings rate as it is expected to be loss making during the next 1-3 years.
Growth vs Market Checks
  • Unable to compare Lamprell's earnings growth to the Germany market average as it is expected to be loss making during the next 1-3 years.
  • Lamprell's revenue growth is expected to exceed the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:L51 Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:L51 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 5 Analysts 77.1%
DB:L51 Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 5 Analysts 25%
Europe Energy Services Industry Earnings Growth Rate Market Cap Weighted Average 21.1%
Europe Energy Services Industry Revenue Growth Rate Market Cap Weighted Average -0.4%
Germany Market Earnings Growth Rate Market Cap Weighted Average 14.1%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:L51 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (9 months ago) See Below
Future Estimates Average of up to 5 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:L51 Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31 726 57 1
2022-12-31 660 41 1
2021-12-31 477 5 -9 5
2020-12-31 376 26 -22 5
2020-04-06
2019-12-31 284 -3 -80 5
DB:L51 Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-06-30 185 -59 -101
2019-03-31 210 -92 -86
2018-12-31 234 -125 -71
2018-09-30 300 -116 -96
2018-06-30 366 -107 -121
2018-03-31 368 -37 -110
2017-12-31 370 32 -98
2017-06-30 413 195 -177
2017-03-31 559 147 -179
2016-12-31 705 100 -182

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Lamprell is not considered high growth as it is expected to be loss making for the next 1-3 years.
  • Lamprell's revenue is expected to grow significantly at over 20% yearly.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:L51 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (9 months ago) See Below
Future Estimates Average of up to 5 Analyst Estimates (S&P Global) See Below

All data from Lamprell Company Filings, last reported 9 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:L51 Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31 -0.03 -0.03 -0.03 1.00
2020-12-31 -0.06 -0.04 -0.08 2.00
2020-04-06
2019-12-31 -0.23 -0.23 -0.24 2.00
DB:L51 Past Financials Data
Date (Data in USD Millions) EPS *
2019-06-30 -0.29
2019-03-31 -0.25
2018-12-31 -0.21
2018-09-30 -0.28
2018-06-30 -0.35
2018-03-31 -0.32
2017-12-31 -0.29
2017-06-30 -0.52
2017-03-31 -0.53
2016-12-31 -0.53

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Lamprell will efficiently use shareholders’ funds in the future (Return on Equity greater than 20%) as it is not expected to be profitable.
X
Future performance checks
We assess Lamprell's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Lamprell has a total score of 2/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Lamprell performed over the past 5 years?

  • Lamprell's last earnings update was 200 days ago.
The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Lamprell's growth in the last year to its industry (Energy Services).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Lamprell does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Lamprell's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Lamprell's 1-year growth to the Europe Energy Services industry average as it is not currently profitable.
Earnings and Revenue History
Lamprell's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Lamprell Company Filings, last reported 9 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:L51 Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-06-30 185.38 -100.66 53.01
2019-03-31 209.72 -85.66 49.66
2018-12-31 234.07 -70.66 46.32
2018-09-30 300.23 -95.88 45.77
2018-06-30 366.38 -121.11 45.22
2018-03-31 368.41 -109.60 43.07
2017-12-31 370.44 -98.10 40.91
2017-06-30 412.83 -176.76 41.77
2017-03-31 558.91 -179.47 45.48
2016-12-31 704.99 -182.19 49.20
2016-06-30 970.98 41.79 56.20
2016-03-31 921.02 54.15 51.15
2015-12-31 871.06 66.50 46.09
2015-09-30 837.52 66.97 51.74
2015-06-30 803.97 67.45 57.40
2015-03-31 944.43 80.33 65.93
2014-12-31 1,084.89 93.22 74.47
2014-06-30 1,198.59 70.99 67.24
2014-03-31 1,135.70 53.84 65.05
2013-12-31 1,072.81 36.70 62.87
2013-06-30 1,004.35 -53.26 65.15

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Lamprell has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Lamprell has efficiently used its assets last year compared to the Europe Energy Services industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Lamprell improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Lamprell's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Energy Services industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Lamprell has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Lamprell's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Lamprell's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Lamprell is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Lamprell's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Lamprell's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 7x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Lamprell Company Filings, last reported 9 months ago.

DB:L51 Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-06-30 343.39 40.29 90.09
2019-03-31 343.39 40.29 90.09
2018-12-31 392.95 19.77 99.69
2018-09-30 392.95 19.77 99.69
2018-06-30 439.27 29.61 185.15
2018-03-31 439.27 29.61 185.15
2017-12-31 460.81 39.49 283.17
2017-06-30 559.38 49.33 341.93
2017-03-31 559.38 49.33 341.93
2016-12-31 555.40 59.48 327.95
2016-06-30 734.34 69.90 207.52
2016-03-31 734.34 69.90 207.52
2015-12-31 737.56 79.32 280.67
2015-09-30 737.56 79.32 280.67
2015-06-30 693.95 89.24 392.12
2015-03-31 693.95 89.24 392.12
2014-12-31 672.16 98.98 359.12
2014-06-30 635.01 80.86 357.58
2014-03-31 635.01 80.86 357.58
2013-12-31 442.76 160.75 344.57
2013-06-30 413.83 123.39 274.52
  • Lamprell's level of debt (11.7%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (12.7% vs 11.7% today).
  • Operating cash flow is negative therefore debt is not well covered.
  • Unable to confirm if the interest payments on Lamprell's debt are well covered by earnings due to lack of past financial data.
X
Financial health checks
We assess Lamprell's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Lamprell has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Lamprell's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Lamprell dividends. Estimated to be 19.91% next year.
If you bought €2,000 of Lamprell shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Lamprell's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Lamprell's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:L51 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 5 Analyst Estimates (S&P Global) See Below
Europe Energy Services Industry Average Dividend Yield Market Cap Weighted Average of 14 Stocks 6.8%
Germany Market Average Dividend Yield Market Cap Weighted Average of 315 Stocks 3.9%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.9%
Germany Bottom 25% Dividend Yield 25th Percentile 1.7%
Germany Top 25% Dividend Yield 75th Percentile 4.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:L51 Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2023-12-31 0.04 1.00
2022-12-31 0.04 1.00
2021-12-31 0.04 1.00
2020-12-31 0.00 1.00
2020-04-06
2019-12-31 0.00 1.00
DB:L51 Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2013-08-29 0.000 0.000
2013-04-29 0.000 0.000
2013-03-21 0.000 0.000
2012-08-28 0.000 0.000
2012-04-25 0.120 7.037
2012-03-26 0.120 2.263
2011-03-28 0.133 2.728
2011-03-25 0.133 2.573
2010-08-23 0.076 1.514
2010-04-26 0.038 1.097
2010-03-29 0.038 0.950
2009-08-26 0.000 0.000

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Lamprell has not reported any payouts.
  • Unable to verify if Lamprell's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Lamprell's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Lamprell has not reported any payouts.
Future Payout to shareholders
  • Dividends after 3 years are expected to be covered by earnings (1.2x coverage).
X
Income/ dividend checks
We assess Lamprell's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.9%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Lamprell afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Lamprell has a total score of 1/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Lamprell's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Chris McDonald
COMPENSATION $1,284,000
AGE 52
TENURE AS CEO 3.5 years
CEO Bio

Mr. Christopher McDonald, also known as Chris, has been Chief Executive Officer and Executive Director of Lamprell plc since October 1, 2016. Mr. McDonald served as Group Head of Business Development at Petrofac Limited from January 2016 to 2016 and also served as its Executive Vice President of ECOM until January 01, 2016. He holds a Bachelor's degree in Mechanical Engineering from Cornell University.

CEO Compensation
  • Chris's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Chris's remuneration is higher than average for companies of similar size in Germany.
Management Team Tenure

Average tenure of the Lamprell management team in years:

3.5
Average Tenure
  • The tenure for the Lamprell management team is about average.
Management Team

Chris McDonald

TITLE
CEO & Executive Director
COMPENSATION
$1M
AGE
52
TENURE
3.5 yrs

Tony Wright

TITLE
CFO & Executive Director
COMPENSATION
$783K
AGE
47
TENURE
4.7 yrs

Hani El Kurd

TITLE
Chief Operating Officer
TENURE
3.3 yrs

Natalia Erikssen

TITLE
Head of Investor Relations

Alex Ridout

TITLE
General Counsel & Company Secretary
TENURE
7.4 yrs

Kaye Whiteing

TITLE
Vice President of Human Resources & Corporate Services
TENURE
2.2 yrs
Board of Directors Tenure

Average tenure and age of the Lamprell board of directors in years:

3
Average Tenure
63.5
Average Age
  • The tenure for the Lamprell board of directors is about average.
Board of Directors

John Malcolm

TITLE
Non-Executive Chairman
COMPENSATION
$247K
AGE
68
TENURE
2.6 yrs

Chris McDonald

TITLE
CEO & Executive Director
COMPENSATION
$1M
AGE
52
TENURE
3.5 yrs

Tony Wright

TITLE
CFO & Executive Director
COMPENSATION
$783K
AGE
47
TENURE
4.7 yrs

Mel Fitzgerald

TITLE
Independent Non-Executive Director
COMPENSATION
$100K
AGE
69
TENURE
4.7 yrs

Debra Valentine

TITLE
Senior Independent Director
COMPENSATION
$114K
AGE
65
TENURE
1.9 yrs

James Dewar

TITLE
Independent Non-Executive Director
COMPENSATION
$100K
AGE
62
TENURE
2.4 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Lamprell's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Lamprell has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Lamprell plc, together with its subsidiaries, provides fabrication, engineering, installation, and contracting services to the offshore and onshore oil and gas, and renewable energy industries in the United Arab Emirates and the Kingdom of Saudi Arabia. The company operates in three segments: Rigs and Engineering; Procurement, Construction & Installation EPCI; and Contracting Services. The Rigs segment offers new build jack up rigs, land rigs, and rig refurbishment services. The EPCI segment provides foundations, process modules, offshore platforms, pressure vessels, and engineering and construction services. The Contracting Services segment comprises of site works, operations and maintenance, manpower supply, and safety services. It also fabricates various platforms, such as topsides, jackets, wellhead decks, living quarters, HVDC platforms, and other offshore fixed facilities, as well as offers fabricating packaged and pre-assembled and modularized units. In addition, the company constructs accommodation and complex process modules for onshore downstream projects, and complex living quarters. The company was founded in 1974 and is based in Dubai, the United Arab Emirates.

Details
Name: Lamprell plc
L51
Exchange: DB
Founded: 1974
£46,537,067
341,710,302
Website: http://www.lamprell.com
Address: Lamprell plc
Jebel Ali Free Zone,
Dubai,
United Arab Emirates
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
LSE LAM Ordinary Shares London Stock Exchange GB GBP 11. Oct 2006
OTCPK LMPR.F Ordinary Shares Pink Sheets LLC US USD 11. Oct 2006
DB L51 Ordinary Shares Deutsche Boerse AG DE EUR 11. Oct 2006
BATS-CHIXE LAML Ordinary Shares BATS 'Chi-X Europe' GB GBP 11. Oct 2006
Number of employees
Current staff
Staff numbers
4,000
Lamprell employees.
Industry
Oil and Gas Equipment and Services
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/06 22:35
End of day share price update: 2020/04/06 00:00
Last estimates confirmation: 2020/03/18
Last earnings filing: 2019/09/19
Last earnings reported: 2019/06/30
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.