Results are highly cyclical for LIT.BK, so multiple-based fair value is less reliable here.
| FY | 2013 | 2014 | 2015 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025E | 2026E | 2027E | 2028E | 2029E | 2030E |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High | — | — | — | — | — | — | — | — | 1.80 | 1.37 | — | — | — | — | — | — |
| Low | — | — | — | — | — | — | — | — | 0.98 | 0.64 | — | — | — | — | — | — |
| Adj EPS | 0.17 | 0.16 | 0.21 | 0.38 | 0.28 | 0.19 | -0.22 | -0.23 | -0.27 | -1.02 | 0.32E | 0.40E | 0.45E | 0.33E | 0.37E | 0.45E |
| Chg/Yr | — | -5% | +32% | +80% | -26% | -30% | -214% | — | — | — | — | +24% | +12% | -26% | +12% | +21% |
| Div | 0.00 | 0.06 | 0.07 | 0.21 | 0.22 | 0.16 | 0.12 | 0.00 | 0.00 | 0.00 | — | — | — | — | — | — |
Fair value (15.0x) multiplies each year's earnings per share by a growth-based multiple: steady growers (5–15% a year) get 15x, faster growers get their growth rate as the multiple (capped at 30x), and slower growers step down below 15x. LIT.BK has grown earnings about 10.6% a year, so the line uses 15.0x.
Earnings are adjusted figures on the same basis analysts forecast, built from reported quarters; years beyond the last completed fiscal year use the analyst consensus (dashed). The verdict calls a stock over- or undervalued only when the price sits more than 10% from the fair value line.