Limoneira Co
LMNR
Agricultural Production-Crops
Mkt Cap
$358.2MPE
-34.72Debt
$52.75MCash
$527KEV
$410.4MFCF
-$15.35MP/E Ratio
-34.72Debt
$52.75MCash
$527KEV
$410.4MFCF
-$15.35MCharts data: {"Earnings":[{"time":"2014-10-30","value":6531000},{"time":"2015-10-30","value":6447000},{"time":"2016-10-30","value":7430000},{"time":"2017-10-30","value":6035000},{"time":"2018-10-30","value":19687000},{"time":"2019-10-30","value":-6444000},{"time":"2020-10-30","value":-17941000},{"time":"2021-10-30","value":-3942000},{"time":"2022-10-30","value":-737000},{"time":"2023-10-30","value":8899000}],"Sales":[{"time":"2014-10-30","value":103462000},{"time":"2015-10-30","value":100311000},{"time":"2016-10-30","value":111789000},{"time":"2017-10-30","value":121309000},{"time":"2018-10-30","value":129392000},{"time":"2019-10-30","value":171398000},{"time":"2020-10-30","value":164559000},{"time":"2021-10-30","value":166027000},{"time":"2022-10-30","value":184605000},{"time":"2023-10-30","value":179901000}],"Net Margins":[{"time":"2014-10-30","value":0.06312462546635479},{"time":"2015-10-30","value":0.06427011992702694},{"time":"2016-10-30","value":0.06646450008498153},{"time":"2017-10-30","value":0.0497489881212441},{"time":"2018-10-30","value":0.15215005564486211},{"time":"2019-10-30","value":-0.037596704745679645},{"time":"2020-10-30","value":-0.1090247266937694},{"time":"2021-10-30","value":-0.023743126118041042},{"time":"2022-10-30","value":-0.003992307900652745},{"time":"2023-10-30","value":0.04946609524127159}],"Assets":[{"time":"2014-10-30","value":247638000},{"time":"2015-10-30","value":269526000},{"time":"2016-10-30","value":305448000},{"time":"2017-10-30","value":339031000},{"time":"2018-10-30","value":421339000},{"time":"2019-10-30","value":399867000},{"time":"2020-10-30","value":389600000},{"time":"2021-10-30","value":392276000},{"time":"2022-10-30","value":368518000},{"time":"2023-10-30","value":301210000}],"Stockholders Equity":[{"time":"2014-10-30","value":118329000},{"time":"2015-10-30","value":121272000},{"time":"2016-10-30","value":126498000},{"time":"2017-10-30","value":136793000},{"time":"2018-10-30","value":219140000},{"time":"2019-10-30","value":221688000},{"time":"2020-10-30","value":195760000},{"time":"2021-10-30","value":188435000},{"time":"2022-10-30","value":181054000},{"time":"2023-10-30","value":189687000}],"ROE":[{"time":"2014-10-30","value":0.05519357046877773},{"time":"2015-10-30","value":0.05316148822481694},{"time":"2016-10-30","value":0.05873610649970751},{"time":"2017-10-30","value":0.044117754563464506},{"time":"2018-10-30","value":0.08983754677375194},{"time":"2019-10-30","value":-0.02906787918155245},{"time":"2020-10-30","value":-0.09164793624846751},{"time":"2021-10-30","value":-0.02091968052644148},{"time":"2022-10-30","value":-0.004070608768654655},{"time":"2023-10-30","value":0.04691412695651257}],"ROA":[{"time":"2014-10-30","value":0.04265904263481372},{"time":"2015-10-30","value":0.041020161320243685},{"time":"2016-10-30","value":0.04362444671433435},{"time":"2017-10-30","value":0.03499090053711902},{"time":"2018-10-30","value":0.03200036075464175},{"time":"2019-10-30","value":-0.01378958503702481},{"time":"2020-10-30","value":-0.04878850102669405},{"time":"2021-10-30","value":-0.01061242594499791},{"time":"2022-10-30","value":0.005972571217688146},{"time":"2023-10-30","value":0.04436771687526975}]}
Limoneira Company operates as an agribusiness and real estate development company in the United States and internationally. The company operates through three divisions: Agribusiness, Rental Operations, and Real Estate Development. It grows, processes, packs, markets, and sells lemons. The company also grows avocado, oranges, and specialty citrus and other crops, including Moro blood oranges, Cara Cara oranges, Minneola tangelos, Star Ruby grapefruit, pummelos, pistachios, and wine grapes. It has approximately 5,600 acres of lemons planted primarily in Ventura, Tulare, San Luis Obispo, and San Bernardino Counties in California; and Jujuy, Argentina, as well in Yuma County, Arizona, and La Serena, Chile; 900 acres of avocados planted in Ventura County; 1,000 acres of oranges planted in Tulare County, California; and 1,000 acres of specialty citrus and other crops. In addition, the company rents residential housing units and commercial office buildings, as well as leases approximately 500 acres of its land to third-party agricultural tenants. Further, it is involved in the organic recycling operations; and development of land parcels, multi-family housing, and single-family homes. The company markets and sells its lemons directly to food service, wholesale, and retail customers; avocados, oranges, specialty citrus, and other crops to third-party packinghouses; and wine grapes to wine producers. Limoneira Company was founded in 1893 and is headquartered in Santa Paula, California.
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In the chart Earnings are multiplied by this value.
Earnings Growth 12%
Earnings Stability -36%
Competitiveness and MOAT
High margins render the company resilient under dire circumstances, hence able to drive competitors out or acquire them. ROE and ROA measure the average flow generated by each invested dollar. Their marginal value is a forecast of future growth, and it is considered by Buffett and Munger the most important single indicator.
| Years | 10-2015 | 10-2016 | 10-2017 | 10-2018 | 10-2019 | 10-2020 | 10-2021 | 10-2022 | 10-2023 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Margin | 6.4% | 6.6% | 5% | 15% | -3.8% | -11% | -2.4% | -0.4% | 4.9% | -5.7% |
| ROA | 4.1% | 4.4% | 3.5% | 3.2% | -1.4% | -4.9% | -1.1% | 0.6% | 4.4% | -6.8% |
| ROE | 5.3% | 5.9% | 4.4% | 9% | -2.9% | -9.2% | -2.1% | -0.41% | 4.7% | -5.6% |
What is the average Net Margin?
The average Net Margin over the past 5 years is +0.45%.
What is the trend of Net Margin?
The trend of Net Margin over the past 5 years is -0.94%.
What is the average Return on Assets (ROA)?
The average ROA over the past 5 years is +0.15%.
What is the trend of Return on Assets (ROA)?
The trend of ROA over the past 5 years is +0.46%.
What is the average Return on Equity (ROE)?
The average ROE over the past 5 years is -0.15%.
What is the trend of Return on Equity (ROE)?
The trend of ROE over the past 5 years is -0.2%.
Safety & Stabiliy
Being debt the number one cause of investment losses and company death, the ratio Debt/FCF is of utmost importance to guarantee safety. On the other hand the Graham’s stability measures the drawdown of earnings, hence indicating the reliability of the flow generated by the company.
| Years | 10-2015 | 10-2016 | 10-2017 | 10-2018 | 10-2019 | 10-2020 | 10-2021 | 10-2022 | 10-2023 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Debt FCF | -3.84 | -47.83 | 19.41 | 18.43 | -7.73 | -5.90 | -591.39 | 22.59 | -1.58 | -3.44 |
| Debt Equity | 0.75 | 0.74 | 0.79 | 0.38 | 0.51 | 0.66 | 0.72 | 0.59 | 0.22 | 0.29 |
| MIN | ||||||||||
| Graham Stability | - | - | 89% | 100% | -58% | -280% | - | - | - | -280% |
What is the Debt/FCF?
The Debt/FCF trailing twelve month is -3.44.
What is the trend of Debt/FCF?
The trend of Debt/FCF over the past 5 years is -16.99.
What is the Graham’s Stability?
Graham’s Stability measure stands at -2.79.
Growth
Growth can be dangerous when forecasting, simply projecting the current growth is in general wrong. A company passes through multiple phases, from being young and unprofitable, to the first periods of profitability and high growth, until it arrives at a period of regime with limited growth. Identifying in which phase the company is in may help forecasting.
| Years | 10-2016 | 10-2018 | 10-2020 | 10-2022 | Trend |
|---|---|---|---|---|---|
| Revenue | 7% | 6.8% | 3% | -2.5% | -0.41% |
| Net Income | 2.6% | -15% | - | - | 65% |
| Stockholders Equity | 6% | -2.8% | -1% | 4.8% | -1.9% |
| FCF | - | - | - | - | - |
What is the 5 year Revenue CAGR?
The Revenue CAGR over the past 5 years is +6.81%.
What is the trend of Revenue growth?
The trend of Revenue growth rate over the past 5 years is -0.41%.
What is the 5 year Earnings CAGR?
The Earnings CAGR over the past 5 years is -14.68%.
What is the trend of Earnings growth?
The trend of Earnings growth rate over the past 5 years is +64.85%.
What is the 5 year Equity CAGR?
The Equity CAGR over the past 5 years is -2.85%.
What is the trend of Equity growth?
The trend of Equity growth rate over the past 5 years is -1.85%.
What is the 5 year FCF CAGR?
The FCF CAGR over the past 5 years is -.
What is the trend of FCF growth?
The trend of FCF growth rate over the past 5 years is -.