Laserbond Share Price and Company Fundamentals
Last traded: Yesterday at 6:10 AM
LaserBond Limited, a surface engineering company, engages in the development and application of materials, technologies, and methodologies to enhance operating performance and wear life of capital-intensive machinery components. The company provides drilling tools; and laser cladding, thermal spray, welding, machining, heat treatment, metallurgy laboratory, surface coating, and remanufacturing services. It also licenses its surface engineering technologies. The company serves mining, drilling, mineral processing, power generation, transport and marine, plant and machinery, manufacturing, fluid handling, and agriculture sectors. LaserBond Limited was founded in 1992 and is headquartered in Sydney, Australia.
|Primary activities||Offering a range of advance surface engineering technologies and processes designed to enhance the life and performance of machinery, equipment and production vital components.|
|Industry / Sector||Tools & Accessories / Industrials|
|Full time employees||102|
|Mailing address||2/57 Anderson Road Smeaton Grange Sydney NSW 2567 Australia|
|Phone / Fax||61 2 4631 4500 / 61 2 4631 4555|
|Share registry||BOARDROOM PTY LIMITED|
|18 Aug 2020||LaserBond 2020 Annual Report|
5Y Avg. yield
Laserbond paid $0.01 dividend and the ex-dividend date was 08 Mar 2021.The dividend payout ratio is 37.16%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.LBL dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.
LBL's forward dividend amount is $0.01 and the forward dividend yield is 1.74%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.
As of May 2021, following are the company executives and directors listed on Laserbond.
|Mr. Wayne Edward Hooper||CEO & Exec. Director||420.67k|
|Mr. Matthew Twist||CFO, Company Sec. & Exec. Director||173.22k|
|Mr. Mike Walker||Sales Mang.|
|Ms. Carlie Junge||Head of HR and Workplace Health & Safety|
|Dr. Thomas Schlaefer||Head of the R&D Department|
Profitability and management effectiveness
Return on assets
Return on equity
Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.
The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.
Valuation and Trading Info
The market capitalization of Laserbond is 64.36M and its enterprise value is 73.6M. The enterprise value to revenue ratio of LBL is 3.24.
The LBL's stocks Beta value is 0.33 making it 67% less volatile compared to ASX market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.
Companies similar to Laserbond (LBL)
- Austal (ASB)
- Cimic Group (CIM)
- Gwa Group (GWA)
- Monadelphous Group (MND)
- Nrw Holdings (NWH)
- Reliance Worldwide Corporation (RWC)
- Service Stream (SSM)
- Seven Group Holdings (SVW)
Laserbond (ASX:LBL) Frequently Asked Questions
1. What is Laserbond's Stock Symbol?
Laserbond trades on ASX under the ticker symbol "LBL".
2. What is Laserbond's stock price today?
One share of LBL stock can currently be purchased for approximately $0.67.
3. How can I contact Laserbond?
Laserbond's mailing address is 2/57 Anderson Road Smeaton Grange Sydney NSW 2567 Australia. The company can be reached via phone at 61 2 4631 4500.
4. What is Laserbond's official website?
The official website of Laserbond is http://www.laserbond.com.au.
5. Which share registry manages Laserbond's stock?
Laserbond's stock is managed by BOARDROOM PTY LIMITED.