LARGO INC. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 2.21 CAD | +7.80% |
|
+9.41% | -27.54% |
| Mar. 27 | Largo Price Target Lowered to $5 at RBC | MT |
| Mar. 22 | Transcript : Largo Inc., Q4 2023 Earnings Call, Mar 22, 2024 |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 538.4 | 811.1 | 758.6 | 469.8 | 195.4 | 141.6 | - | - |
| Enterprise Value (EV) 1 | 372.4 | 743.3 | 670.9 | 450 | 195.4 | 128 | 128 | 141.6 |
| P/E ratio | -14.1 x | 100 x | 26.3 x | -178 x | -4.42 x | -27.3 x | - | - |
| Yield | - | - | - | - | - | - | - | - |
| Capitalization / Revenue | 3.85 x | 5.42 x | 3 x | 1.49 x | 0.73 x | 0.65 x | 0.5 x | 0.64 x |
| EV / Revenue | 2.66 x | 4.96 x | 2.66 x | 1.43 x | 0.73 x | 0.59 x | 0.45 x | 0.64 x |
| EV / EBITDA | 14.3 x | 15.9 x | 8.73 x | 8 x | 11.9 x | 41.9 x | 1.66 x | - |
| EV / FCF | 4.19 x | -7.67 x | 42.5 x | -8.44 x | - | -8.59 x | 2.9 x | 3.19 x |
| FCF Yield | 23.9% | -13% | 2.35% | -11.9% | - | -11.6% | 34.5% | 31.4% |
| Price to Book | 1.49 x | 2.63 x | 2.24 x | 1.29 x | - | - | - | - |
| Nbr of stocks (in thousands) | 54,388 | 58,777 | 64,726 | 64,005 | 64,051 | 64,051 | - | - |
| Reference price 2 | 9.900 | 13.80 | 11.72 | 7.340 | 3.050 | 2.210 | 2.210 | 2.210 |
| Announcement Date | 3/20/20 | 3/17/21 | 3/16/22 | 3/9/23 | 3/21/24 | - | - | - |
1CAD in Million2CAD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 140 | 149.8 | 252.6 | 315.7 | 268.9 | 218.4 | 281.4 | 222.8 |
| EBITDA 1 | 26 | 46.83 | 76.86 | 56.24 | 16.41 | 3.056 | 77.19 | - |
| EBIT 1 | -5.696 | 24.98 | 48.17 | 24.19 | -37.14 | -35.28 | 27.14 | - |
| Operating Margin | -4.07% | 16.68% | 19.07% | 7.66% | -13.81% | -16.16% | 9.65% | - |
| Earnings before Tax (EBT) | -31.26 | 9.641 | - | 5.562 | - | - | - | - |
| Net income | -36.21 | 8.44 | 28.76 | -1.998 | -41.06 | - | - | - |
| Net margin | -25.86% | 5.63% | 11.38% | -0.63% | -15.27% | - | - | - |
| EPS 2 | -0.7000 | 0.1373 | 0.4460 | -0.0413 | -0.6901 | -0.0810 | - | - |
| Free Cash Flow 1 | 88.9 | -96.89 | 15.77 | -53.34 | - | -14.89 | 44.16 | 44.4 |
| FCF margin | 63.49% | -64.69% | 6.24% | -16.9% | - | -6.82% | 15.69% | 19.93% |
| FCF Conversion (EBITDA) | 341.89% | - | 20.52% | - | - | - | 57.21% | - |
| FCF Conversion (Net income) | - | - | 54.84% | - | - | - | - | - |
| Dividend per Share | - | - | - | - | - | - | - | - |
| Announcement Date | 3/20/20 | 3/17/21 | 3/16/22 | 3/9/23 | 3/21/24 | - | - | - |
1CAD in Million2CAD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q3 | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales | 67 | 64.12 | - | - | - | 65.42 | 76.75 | 71.42 | 60.69 | - | - | - | - | - | - |
| EBITDA 1 | 25.33 | 13.34 | 13.03 | 35.27 | 6.303 | -2.132 | 16.13 | 10.11 | -4.855 | 1.874 | 0.407 | -3.8 | -3.121 | 4.479 | 12.35 |
| EBIT | 19 | 5.483 | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Margin | 28.37% | 8.55% | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Earnings before Tax (EBT) | - | - | - | - | - | -23.72 | 0.9557 | - | - | - | - | - | - | - | - |
| Net income | 11.43 | 1.005 | -2.393 | - | - | -21.54 | -1.655 | - | - | - | - | - | - | - | - |
| Net margin | 17.07% | 1.57% | - | - | - | -32.92% | -2.16% | - | - | - | - | - | - | - | - |
| EPS | 0.1741 | 0.0127 | -0.0388 | - | -0.0538 | -0.3305 | -0.0267 | -0.1210 | -0.2622 | -0.2842 | - | - | - | - | - |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 11/10/21 | 3/16/22 | 5/11/22 | 8/10/22 | 11/9/22 | 3/9/23 | 5/10/23 | 8/9/23 | 11/8/23 | 3/21/24 | - | - | - | - | - |
1CAD in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | - | - | - | - |
| Net Cash position 1 | 166 | 67.9 | 87.6 | 19.8 | - | 13.6 | 13.6 | - |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - | - |
| Free Cash Flow 1 | 88.9 | -96.9 | 15.8 | -53.3 | - | -14.9 | 44.2 | 44.4 |
| ROE (net income / shareholders' equity) | -9.69% | 2.05% | 9.86% | -0.55% | - | - | - | - |
| ROA (Net income/ Total Assets) | - | - | - | - | - | - | - | - |
| Assets | - | - | - | - | - | - | - | - |
| Book Value Per Share | 6.630 | 5.250 | 5.230 | 5.710 | - | - | - | - |
| Cash Flow per Share 2 | 2.600 | -1.210 | 0.7800 | 0.0700 | - | 0.0500 | 1.260 | - |
| Capex 1 | 50.4 | 22.6 | 34.9 | 58.1 | - | 52.5 | 65.4 | 13.6 |
| Capex / Sales | 35.99% | 15.09% | 13.82% | 18.4% | - | 24.03% | 23.25% | 6.09% |
| Announcement Date | 3/20/20 | 3/17/21 | 3/16/22 | 3/9/23 | 3/21/24 | - | - | - |
1CAD in Million2CAD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
B-
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
4
Last Close Price
2.21
CAD
Average target price
6.667
CAD
Spread / Average Target
+201.66%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -27.54% | 103M | |
| -1.84% | 10.64B | |
| +17.37% | 4.29B | |
| +33.60% | 2.56B | |
| +19.40% | 1.81B | |
| -22.63% | 879M | |
| +21.56% | 781M | |
| +17.08% | 808M | |
| +43.24% | 766M | |
| 0.00% | 661M |
- Stock Market
- Equities
- LGO Stock
- Financials Largo Inc.
