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LaserBond Limited (LBL) Fair Value & Analysis

Industrials · AU · Market cap A$65.0M

LL LaserBond Limited LBL · AU
PriceA$0.5750
Fair ValueA$0.6600
Upside+14.8%
Quality53/100
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Healthy Growth
Solidly profitable · 10.9% net margin
Low debt · generates free cash flow
2.96% dividend yield
Ranks above peers (12/14)
Moderate moat 53/100
Evidence: High Range A$0.4500 – A$0.8400 Share as image

Fair value as of: Jul 16, 2026

From 26 valuation models · updated 25 days ago

Fair value updated Jul 16, 2026, revised from A$0.6800 to A$0.6600 (−2.9%) since Jun 24, 2026. Share price +6.5% over the past month.

A solid business, screening 15% undervalued on our models.

What matters now

  • A fairly wide model range (A$0.4500 to A$0.8400) leaves room in how you read the outcome.
  • Our model range runs from A$0.4500 (bear) to A$0.8400 (bull), base A$0.6600. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 53/100 (solid quality) with high evidence: the data supports the verdict.
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Price vs Fair Value (5 years)

A$0.9520 A$0.3250 Fair Value A$0.6600 May 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 16, 2026.

How to read this chart

60‑month range A$0.3250 – A$0.9520 · fair‑value band A$0.4500 – A$0.8400 · the A$0.5750 price screens below the A$0.6600 fair value. Dashed = 300-day average. As of Jul 16, 2026.

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Analysis

LaserBond Limited (LBL) currently trades at A$0.5750, while our model-based Fair Value estimate is A$0.6600, implying the stock looks roughly 14.8% undervalued today. The Quality Score stands at 53/100 (solid quality), in the Industrials sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high), always confirm before acting.

Over the trailing twelve months, LaserBond Limited generated revenue of A$46.2M at a net margin of 10.9%. Revenue grew 13.4% year over year. It earns a return on equity of 12.4%. Net debt stands at A$6.4M. Fundamentals as of Jul 16, 2026

Our scenario range runs from A$0.4500 (bear case) to A$0.8400 (bull case); at A$0.5750, the current price sits within that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 13% below its 52-week high and 67% above its 52-week low, currently above its 200-day average. For context, the median of 10 Industrials peers we cover trades at -48% fair-value upside, at 15%, LBL screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Growth DCF A$0.3600 A$0.5400 A$0.7900 80
Residual Income A$0.2700 A$0.2800 A$0.3000 76
Rev-Margin DCF A$0.3900 A$0.6600 A$1.00 74
All 26 models by family
DCF Models
FCF DCF A$0.3700 A$0.5800 A$0.9000 38
Owner Earnings A$0.5200 A$0.8400 A$1.30 31
5Y Revenue Exit A$0.3900 A$0.6600 A$1.04 39
5Y EBITDA Exit A$0.5400 A$0.9700 A$1.51 41
5Y P/E Exit A$0.4500 A$0.7800 A$1.17 38
10Y Revenue Exit A$0.3700 A$0.6000 A$0.9600 36
10Y EBITDA Exit A$0.4600 A$0.7900 A$1.31 37
10Y P/E Exit A$0.4100 A$0.6700 A$1.05 35
Earnings-Based
Graham-Dodd A$0.2200 A$1.10 A$1.51 54
Lynch FV A$0.3000 A$0.4200 A$0.5500 50
PEG = 1.0 A$0.3000 A$0.4200 A$0.5500 46
EPV A$0.2700 A$0.2900 A$0.3200 59
Dividend Discount
Gordon GGM A$0.0600 A$0.1000 A$0.1300 70
DDM Multi-Stage A$0.0600 A$0.1000 A$0.1100 61
Multiples
P/E Multiple A$0.5100 A$0.6800 A$0.8500 63
P/S Multiple A$0.4100 A$0.5500 A$0.6900 58
P/B Multiple A$0.4100 A$0.5500 A$0.6900 55
EV/EBIT A$0.5700 A$0.7500 A$0.9300 53
EV/EBITDA A$0.7100 A$0.9300 A$1.16 54
EV/Revenue A$0.4200 A$0.5800 A$0.7500 43
Asset-Based
NCAV (Graham) A$0.1700 A$0.2300 A$0.3500 50
Growth DCF
Growth DCF A$0.3600 A$0.5400 A$0.7900 80
Rev-Margin DCF A$0.3900 A$0.6600 A$1.00 74
Economic Profit
Residual Income A$0.2700 A$0.2800 A$0.3000 76
ROIC Compounder A$0.2700 A$0.2900 A$0.3200 72
Growth Earnings
Growth-Adj P/E A$0.4500 A$0.6500 A$0.8400 68

Widest divergence: DCF Models (A$0.6700) versus Dividend Discount (A$0.1000). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) A$46.2M
Revenue growth (YoY) +13.4%
Net margin 10.9%
Return on equity 12.4%
Free cash flow A$4.1M FY2025
P/E ratio 13.8
More key figures
Operating margin 13.6%
EPS (TTM) A$0.0400
Dividend yield 3.0%
EPS growth (YoY) +116%
Net debt A$6.4M FY2025

Figures from reported company fundamentals · as of Jul 16, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 53/100

Of which business quality 55 · Market factors (momentum, volatility) 55

Profitability 49
Margins and returns on capital today
Quality Growth 44
Are margins and returns improving?
Cashflow 57
Earnings quality: real cash, not paper profit
Fin. Strength 73
Balance sheet, leverage, solvency risk
Investment 55
Disciplined investing over empire-building
Low Volatility 68
Calm price path (market factor)
Momentum 46
Price trend over the last 3–12 months (market factor)
52W Momentum 57
Distance to the 52-week high (market factor)
Net Issuance 47
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

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.

Full 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. 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 description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

LaserBond Limited reported revenue of A$43.5M in FY2025 versus A$24.7M in FY2021, a compound +15.2%/yr. Reported net income was A$3.8M in FY2025, compounding +7.9%/yr from FY2021.

Growth Quality 100/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
A$43.5M
Latest YoY
+3.6%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+12.3%
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+14.4%
Avg. growth/yr (19Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+15.1%
Revenue +15.2%/yr
FY21 A$24.7M
FY22 A$30.7M
FY23 A$38.6M
FY24 A$42.0M
FY25 A$43.5M
Net income +7.9%/yr
FY21 A$2.8M
FY22 A$3.6M
FY23 A$4.8M
FY24 A$3.5M
FY25 A$3.8M
Character of growth · EPS growth decomposed (2014-2025) +21.2 % p.a.
Revenue per share +13.5 pp

of which total revenue +16.6 pp · buybacks/dilution −3.1 pp

EBIT margin +7.7 pp
Tax rate −0.5 pp
Residual (interest, one-offs) +0.5 pp

Absolute contributions in percentage points per year; they sum to the EPS growth rate. Start and end points are 3-year averages (details on hover).

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Cite: Fair Value Calculator (2026). "LaserBond Limited Fair Value". https://www.fairvalue-calculator.com/stock/LBL

Peer Group

Specialty Industrial Machinery · 808 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 53 · Below median
Fair Value upside +15% · Top 25%
Return on equity (TTM) 12% · Above median
Return on assets 7% · Top 25%
Net margin (TTM) 11% · Top 25%
Operating margin (TTM) 14% · Above median
Revenue growth 13% · Above median
Dividend yield (TTM) 3.0% · Top 25%
Debt / equity 0.04× · Lower than median

Valuation Multiples vs Specialty Industrial Machinery median · lower = cheaper

P/E (TTM) 13.8× · Cheaper than 75% of peers
P/B 1.12× · Cheaper than median
P/S (TTM) 0.99× · Cheaper than median
P/FCF 11.1× · Pricier than median
EV/EBITDA 4.7× · Cheaper than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 53 · sector 0
FUTURE 67 · sector 23
PAST 50 · sector 28
HEALTH 98 · sector 96
DIVIDEND 59 · sector 24

Insider activity: 35/100

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

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Frequently asked questions

Is LaserBond Limited (LBL) overvalued or undervalued?
As of Jul 16, 2026, our model estimates a fair value of A$0.6600 versus a price of A$0.5750, about +15% (undervalued).
What is the fair value of LBL?
Our model-based fair value for LaserBond Limited is A$0.6600 (as of Jul 16, 2026), built from audited fundamentals. The current price is A$0.5750.
What is the quality score of LBL?
LaserBond Limited has a Quality Score of 53/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of LaserBond Limited (LBL)?
LaserBond Limited reported trailing-twelve-month revenue of about A$46.2M (latest available figure, as of Jul 16, 2026).
What is the net profit margin of LBL?
The net profit margin of LaserBond Limited is about 10.9%, meaning it keeps roughly 10.9% of revenue as net income. Based on the latest reported figures.
Does LaserBond Limited pay a dividend?
LaserBond Limited currently shows a dividend yield of about 3.08% relative to its recent price (as of Jul 16, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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