Risk factor
Very poor trading liquidity
Profitability factor
Very favourable analyst view
About
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. It operates through Products, Services, Technology, and Research and Development segments. The company offers composite carbide steel mill rolls. It also provides laser cladding, thermal spraying, welding, machining, heat treatment, and remanufacturing, as well as metallurgy lab and surface coatings. 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.
Company Valuation
Based on key historical and expected multiples, the stock is undervalued relative to its peers. Specifically, the stock is 'cheap' on P/E, undervalued on EV/EBITDA, under
Target Price
The average target price of LBL.AX is 0.82 and suggests 49.1% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to in