Lassonde (LAS.A) AI Stock Analysis

• Market Cap: C$1.36B
• Dividend Yield: 2.15%
• Average Volume (3M): 3.44K
• Price to Earnings (P/E): 11.9
• Beta (1Y): 0.47
• Revenue Growth: 12.35%
• EPS Growth: 30.40%
• Country: CA
• Employees: 2,900
• Sector: Consumer Defensive
• Sector Strength: 86
• Industry: Beverages - Non-Alcoholic
• EPS (TTM): 16.73
• Shares Outstanding: 3,069,000
• 10 Day Avg. Volume: 4,518
• 30 Day Avg. Volume: 3,437
• PEG Ratio: 0.39
• Price to Book (P/B): N/A
• Price to Sales (P/S): 0.56
• Price to Cash Flow (P/CF): 4.00
• P/FCF Ratio: 5.40
• 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: C$240.26
• Price Target Upside: 20.73% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 4

Lassonde Industries has demonstrated robust financial performance, strategic growth, and solid technical indicators, balanced by an attractive valuation and commitment to shareholder returns. While operational risks exist, the company's strong fundamentals and strategic initiatives position it well for continued growth in the non-alcoholic beverages industry.

Lassonde Business Overview & Revenue Model

Company Description

Lassonde Industries Inc., together with its subsidiaries, develops, produces, and markets a range of ready-to-drink fruit juices and drinks, and frozen juice concentrates in Canada, the United States, and internationally. The company offers pure juices, fruit drinks, cranberry sauces, fruit-based snacks, pasta sauces, bruschetta toppings, tapenades, and pestos. In addition, it produces apple cider and cider-based beverages; and imports and markets selected wines. The company sells its products in various packages under various trademarks, including Antico, Apple & Eve, Arte Nova, Bombay, Canton, Double Vie, Dublin's Pub, Everfresh, Fairlee, Fruité, Grown Right, Kiju, Mont-Rouge, Northland, Oasis, Old Orchard, Orange Maison, Rougemont, Ruby Kist, Sun-Rype, The Switch, Tropical Grove, Allen's, Arizona, Del Monte, Graves, Nature's Best, and Tetley. It serves supermarket chains, independent grocers, superstores, warehouse clubs, pharmacy chains, restaurants, hotels, hospitals, schools, and wholesalers, as well as sells online. The company was founded in 1918 and is headquartered in Rougemont, Canada.

How the Company Makes Money

Lassonde Industries Inc. generates revenue primarily through the sale of its diverse array of juice and beverage products, along with specialty food items. The company distributes its products through various channels, including grocery stores, supermarkets, and foodservice providers. Lassonde's revenue streams are bolstered by its strong brand portfolio and strategic distribution network. Additionally, the company benefits from partnerships with retailers and foodservice operators, allowing it to maintain a broad market presence and reach a wide consumer base. Lassonde's focus on innovation and product development also contributes to its earnings by attracting new customers and meeting evolving market demands.

Lassonde Financial Statement Overview

Summary

Lassonde demonstrates a strong financial performance with substantial revenue and profit growth. The company's operational efficiency is reflected in improved margins, though the increased leverage poses a risk. Cash flows are healthy, supporting liquidity and operational needs. Overall, Lassonde is well-positioned in the non-alcoholic beverages industry, with a keen focus on maintaining profitability and growth.

Income Statement

The company exhibits strong revenue growth, with a significant increase between 2023 and 2024 TTM. Gross and net profit margins are robust, indicating effective cost management and profitability. The EBIT and EBITDA margins have improved, showcasing enhanced operational efficiency.

Balance Sheet

The company maintains a stable equity ratio, reflecting a solid capital structure. However, the debt-to-equity ratio has increased, suggesting a higher reliance on debt, which introduces potential financial risk. The return on equity is healthy, indicating efficient use of shareholders' equity to generate profits.

Cash Flow

Operating cash flow has shown consistent growth, supporting the company's ability to generate cash from operations. The free cash flow growth is positive, although somewhat volatile over the years. The ratios of operating and free cash flow to net income indicate strong cash conversion.

Breakdown
TTM	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement		Total Revenue
2.00B	2.31B	2.15B	1.89B	1.98B	1.68B
	Gross Profit
534.53M	587.72M	523.35M	521.94M	559.78M	451.63M
	EBIT
101.76M	135.40M	81.27M	118.36M	151.93M	100.83M
	EBITDA
161.67M	200.24M	141.14M	177.14M	217.68M	176.73M
	Net Income Common Stockholders
67.63M	87.53M	53.94M	77.51M	97.82M	71.98M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
389.00K	19.84M	2.68M	305.00K	6.80M	1.77M
	Total Assets
1.61B	1.67B	1.60B	1.42B	1.38B	1.31B
	Total Debt
277.62M	214.55M	253.78M	180.46M	215.49M	277.48M
	Net Debt
277.23M	194.71M	251.10M	180.16M	208.68M	275.71M
	Total Liabilities
663.81M	669.80M	667.15M	554.09M	585.90M	575.41M
	Stockholders Equity
881.71M	922.57M	877.17M	808.41M	739.64M	680.76M
Cash Flow		Free Cash Flow
-20.57M	118.47M	-23.38M	56.09M	190.67M	100.82M
	Operating Cash Flow
15.37M	224.86M	24.00M	93.73M	231.19M	140.73M
	Investing Cash Flow
-37.83M	-115.39M	-48.05M	-40.40M	-121.02M	-55.29M
	Financing Cash Flow
17.88M	-91.67M	27.65M	-64.88M	-92.60M	-100.65M

Lassonde Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 199.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:LAS.A, the sentiment is Positive. The current price of 199 is below the 20-day moving average (MA) of 200.88, above the 50-day MA of 191.45, and above the 200-day MA of 175.66, indicating a neutral trend. The MACD of 6.80 indicates Negative momentum. The RSI at 69.85 is Neutral, neither overbought nor oversold. The STOCH value of 80.08 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:LAS.A.

Lassonde Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
LAS.A	80 Outperform	C$1.36B	11.90	11.54%	2.15%	12.35%	30.40%
MRU	80 Outperform	C$21.32B	22.52	13.78%	1.42%	1.59%	-1.98%
EMP.A	78 Outperform	C$10.78B	16.38	12.64%	1.70%	1.05%	-6.94%
ATD	77 Outperform	C$65.75B	18.46	18.66%	1.07%	11.62%	-8.08%
PBH	68 Neutral	C$3.44B	27.99	6.86%	4.66%	3.35%	28.80%
Sector *	62 Neutral	$20.34B	13.97	-16.14%	3.32%	1.30%	5.01%
SAP	56 Neutral	C$10.46B	42.30	-2.28%	3.12%	9.20%	-147.37%

Lassonde Corporate Events

Lassonde Industries Declares Quarterly Dividend to Enhance Shareholder Value

Lassonde Industries Inc. announced a quarterly dividend of $1.10 per share for holders of Class A and Class B shares, payable on March 14, 2025. This move aligns with its dividend policy and marks the company’s continued commitment to providing value to its shareholders. The designation of the dividend as an ‘eligible dividend’ for Canadian tax purposes may have favorable tax implications for shareholders, reinforcing Lassonde’s stable financial position and strategic focus on shareholder returns.