Laserbond Limited (LBL) AI Stock Analysis

• Market Cap: AU$68.56M
• Dividend Yield: 1.92%
• Average Volume (3M): 43.18K
• Price to Earnings (P/E): 17.4
• Beta (1Y): 1.12
• Revenue Growth: 3.55%
• EPS Growth: 4.14%
• Country: AU
• Employees: 147
• Sector: Industrials
• Sector Strength: 72
• Industry: Manufacturing - Tools & Accessories
• EPS (TTM): 0.02
• Shares Outstanding: 118,200,640
• 10 Day Avg. Volume: 66,116
• 30 Day Avg. Volume: 43,183
• PEG Ratio: 2.53
• Price to Book (P/B): 1.06
• Price to Sales (P/S): 1.00
• P/FCF Ratio: 10.46
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 68 Neutral
• Price Target: AU$0.62 ▲(7.07% Upside)

Laserbond Limited's overall stock score is driven by solid financial performance and bullish technical indicators, although the stock appears overbought. The valuation is fair, but the low dividend yield may not appeal to income investors. The absence of earnings call and corporate events data limits further insights.

Positive Factors

High gross margin

A 52.41% gross margin reflects durable unit-level economics in LaserBond's surface-engineering and wear-part manufacturing. High gross margins indicate pricing power and efficient production, supporting long-term profitability even if overheads fluctuate.

Conservative balance sheet

Low leverage and a 65.32% equity ratio provide financial flexibility to invest in capex, absorb cyclical downturns common in resources and energy, and pursue selective growth initiatives without pressuring liquidity or capital structure.

Repeatable, service-led revenue

LaserBond’s service and parts model generates recurring maintenance work as clients replace or refurbish wear components. This embedded aftermarket demand creates predictable, longer-duration customer relationships that support stable revenue streams across cycles.

Negative Factors

Declining net & operating margins

Falling net and operating margins signal rising cost pressures or weaker operational efficiency. If margins continue to compress, the company’s ability to convert high gross profit into sustainable net earnings and fund reinvestment or returns could be impaired.

Weaker operating cash generation

A reduced operating cash flow and an OCF-to-net-income ratio of 0.54 indicate earnings are generating less cash. This weakens internal funding for capex, working capital and dividends, increasing reliance on external financing during investment or downturns.

Modest revenue growth

Low-single-digit revenue growth suggests limited organic expansion or pricing gains. In capital-intensive end markets, modest top-line momentum may constrain scale benefits and make results more vulnerable to cyclical swings in mining and energy demand.

Laserbond Limited Business Overview & Revenue Model

Company Description

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 in Australia. The company offers composite carbide steel mill rolls; and drilling tools. It also provides laser cladding, welding, machining, heat treatment, metallurgy laboratory, surface coating, remanufacturing, and vacuum heat treatment services, as well as thermal spraying, hard facing, and polymer coating services. In addition, the company licenses its surface engineering technologies. It serves mining, drilling, mineral processing, power generation, transport and marine, plant and machinery, manufacturing, fluid handling, and agriculture industries. The company was incorporated in 1992 and is headquartered in Sydney, Australia.

How the Company Makes Money

Laserbond Limited generates revenue through multiple streams centered around its core services and products. The primary revenue model is based on the provision of surface engineering services, which includes laser cladding, welding, and thermal spray applications. These services are typically contracted by clients in industries such as mining, oil and gas, and manufacturing, who require enhanced wear-resistant components. Additionally, LBL may earn revenue through the sale of proprietary coating products and technologies developed in-house. Strategic partnerships with key industry players and ongoing investments in research and development help LBL expand its offerings and reach new markets, contributing significantly to its overall earnings.

Laserbond Limited Financial Statement Overview

Summary

Laserbond Limited demonstrates solid revenue growth and a strong gross profit margin, indicating effective cost management. The balance sheet reflects improved leverage and a strong equity position, enhancing financial stability. However, declining net profit margins and cash flow ratios highlight areas for improvement in operational efficiency and cash management.

Income Statement

Laserbond Limited has shown consistent revenue growth over the years, with a 3.52% increase in the latest period. The gross profit margin is strong at 52.41%, indicating efficient production processes. However, the net profit margin has slightly decreased to 8.84%, suggesting increased costs or expenses. The EBIT and EBITDA margins have also declined, indicating potential pressure on operational efficiency.

Balance Sheet

The company's debt-to-equity ratio has improved to 0.29, reflecting better leverage management. Return on equity is stable at 9.36%, showing consistent profitability relative to shareholder investments. The equity ratio of 65.32% indicates a strong equity base, enhancing financial stability. However, the overall return on equity has decreased compared to previous years, suggesting a need for improved profitability.

Cash Flow

Operating cash flow has decreased, impacting the operating cash flow to net income ratio, which stands at 0.54. Free cash flow has grown by 19.01%, indicating better cash management, but the free cash flow to net income ratio has decreased to 0.81, suggesting less cash available relative to net income. The company needs to focus on improving cash generation from operations.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	43.48M	43.48M	41.98M	38.61M	30.71M	24.66M
Gross Profit	22.79M	22.79M	21.64M	11.75M	9.29M	6.19M
EBITDA	6.93M	9.07M	9.54M	10.26M	8.68M	6.38M
Net Income	3.84M	3.84M	3.52M	4.76M	3.63M	2.84M
Balance Sheet
Total Assets	62.88M	62.88M	60.67M	51.83M	44.50M	29.53M
Cash, Cash Equivalents and Short-Term Investments	5.63M	5.63M	5.76M	8.93M	5.68M	4.91M
Total Debt	12.03M	12.03M	13.56M	11.83M	9.29M	10.70M
Total Liabilities	21.80M	21.80M	22.23M	20.76M	17.00M	15.27M
Stockholders Equity	41.08M	41.08M	38.44M	31.07M	27.51M	14.26M
Cash Flow
Free Cash Flow	4.15M	4.15M	5.88M	6.38M	2.35M	4.31M
Operating Cash Flow	5.12M	5.12M	6.71M	7.70M	4.24M	4.76M
Investing Cash Flow	-991.78K	-991.78K	-5.78M	-1.33M	-10.86M	-1.27M
Financing Cash Flow	-4.26M	-4.26M	-4.09M	-3.13M	7.37M	-2.58M

Laserbond Limited Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 0.58
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:LBL, the sentiment is Neutral. The current price of 0.58 is below the 20-day moving average (MA) of 0.60, below the 50-day MA of 0.61, and above the 200-day MA of 0.50, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 42.38 is Neutral, neither overbought nor oversold. The STOCH value of 9.52 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for AU:LBL.

Laserbond Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
WWG	74 Outperform	AU$55.95M	12.40	20.77%	4.55%	66.80%	625.00%
LBL	68 Neutral	AU$68.56M	17.43	9.67%	1.92%	3.55%	4.14%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
SSH	57 Neutral	AU$19.62M	22.50	6.19%	―	-6.52%	-20.79%
DEM	50 Neutral	AU$32.66M	-14.29	-16.00%	―	11.53%	46.15%
AQN	50 Neutral	AU$41.86M	-9.90	-28.36%	―	12.74%	-392.59%

Laserbond Limited Corporate Events

Laserbond Seeks ASX Quotation for New Shares Issued Under Employee Incentive Scheme

Laserbond Limited has applied for the quotation of 115,448 new ordinary fully paid shares on the ASX, issued on 19 December 2025 under an employee incentive scheme. The additional securities, which are not subject to transfer restrictions for quotation purposes, modestly expand the company’s listed share capital and reflect the ongoing use of equity-based remuneration to align employee interests with those of shareholders.

The most recent analyst rating on (AU:LBL) stock is a Hold with a A$0.66 price target. To see the full list of analyst forecasts on Laserbond Limited stock, see the AU:LBL Stock Forecast page.

LaserBond Announces CFO Resignation and Interim Appointment

LaserBond Limited has announced the resignation of its Chief Financial Officer and Company Secretary, Matt Twist, effective January 23, 2026. Matt Twist, who has been with the company since 2007, will assist in the transition and remain available as a consultant until the end of February 2026. Peter Arambatzis will serve as the Interim CFO starting December 15, 2025, while the company seeks a permanent replacement within the next 3-6 months. The resignation marks a significant transition for LaserBond, as Matt Twist played a crucial role in the company’s financial management and governance over the past 18 years.

The most recent analyst rating on (AU:LBL) stock is a Hold with a A$0.66 price target. To see the full list of analyst forecasts on Laserbond Limited stock, see the AU:LBL Stock Forecast page.

LaserBond Limited’s AGM Approves Key Resolutions and Strategic Initiatives

LaserBond Limited’s 2025 Annual General Meeting resulted in the approval of several key resolutions, including the adoption of the remuneration report and the re-election of directors Wayne Hooper and Ian Neal. Additionally, shareholders approved an increase in the company’s placement capacity to issue securities up to an additional 10%. The election of Gregory Hooper as a director was withdrawn by request. These decisions reflect strong shareholder support for the current board and strategic direction, potentially enhancing the company’s operational flexibility and market positioning.

The most recent analyst rating on (AU:LBL) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Laserbond Limited stock, see the AU:LBL Stock Forecast page.

LaserBond Limited Announces Leadership Transition and Positive Financial Turnaround

LaserBond Limited announced significant leadership changes, with Wayne Hooper transitioning from CEO to Executive Director and Rob Freeman stepping in as the new CEO. The company has seen a positive financial turnaround in the second half of the year, attributed to increased productivity and cost-reduction strategies. Despite deferring its entry into the U.S. market due to economic volatility, LaserBond continues to expand domestically, leveraging its investments in technology and infrastructure to enhance its market presence and operational capabilities.

The most recent analyst rating on (AU:LBL) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Laserbond Limited stock, see the AU:LBL Stock Forecast page.

LaserBond Withdraws Director Election Resolution from AGM

LaserBond Limited, an advanced surface engineering company, announced the withdrawal of Resolution 5, which involved the election of Mr. Gregory Hooper as a director, from its upcoming Annual General Meeting. The decision was made following Mr. Hooper’s request and will not affect the validity of proxy forms for other resolutions, ensuring the AGM proceeds as planned.

The most recent analyst rating on (AU:LBL) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Laserbond Limited stock, see the AU:LBL Stock Forecast page.