Lifestyle Communities Limited (LIC)



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General Information
Company Name: Lifestyle Communities Limited
Stock Code: LIC
Website: www.lifestylecommunities.com.au
GICS Sub-Industry: Diversified Real Estate Activities
Market Cap ($M): 239
Equiv. Shares (M): 101

Current Price Data+
Current Price Open High Low Last Close Volume Price Movement
$ 2.360 $ 2.360 $ 2.390 $ 2.360 $ 2.360 20,248 0%

Current Broker Consensus Recommendation more
Recommendation: Strong Buy (1)
Recommendation Date: 26th Mar 2015
Brokers Surveyed: 2

Company Overview

Business Description:
Lifestyle Communities Limited (LIC) develops, owns and manages affordable independent living communities for working, semi-retired or retired people. LIC’s head office is located in Melbourne, Victoria.


Financial Summary
Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2016  F -- 14.8 19.0 16.0 1.7 0.7 --
2015  F -- 12.4 189.7 19.0 1.0 0.4 --
2014  A 8.2 4.3 -- 26.2 0.0 0.0 --
Source: Aspect actuals / Thomson IBES estimates

Peer Comparison
EPS Growth (%) P/E (%) Dividend Yield (%)
Company Mkt Cap 2014 A 2015 F 2016 F 2014 A 2015 F 2016 F 2014 A 2015 F 2016 F
Lifestyle Communities (LIC) $239 M -- 1.8972 0.1895 55.1402 19.0323 16.0000 0.00 0.42 0.74
Lend Lease Group (LLC) $9,560 M 0.4790 -0.2934 0.1050 10.9239 15.4604 13.9908 4.31 3.25 4.25
Scentre (SCG) $20,499 M -0.6809 2.6814 0.0524 62.9085 17.0883 16.2379 5.30 5.43 5.66
Stockland (SGP) $10,746 M 0.0688 0.0845 0.0632 19.0297 17.5472 16.5034 5.27 5.27 5.33
Westfield Corporation (WFD) $20,594 M -0.4057 0.9386 0.1349 40.5483 20.9160 18.4304 4.94 3.26 3.44

Market Comparison
Earnings P/E Ratio P/B Ratio P/E Growth
LIC 3.00 22.8 2.48 0.27
Market 0.94 14.2 1.02 1.13
Sector 1.45 15.5 1.21 2.53

Directors
Name Position Start Date
Mr Bruce Carter Finance Director 28 May 1997
Mr James Lyall Kelly Managing Director 22 May 2007
Ms Philippa Kelly Non-Executive Director 18 September 2013
Mr James (Jim) Stuart Craig Non-Executive Director 31 December 2012
Mr Timothy Michael Poole Non-Executive Director,Non-Executive Chairman 22 November 2007

Management
Name Position
Geoff Hollis Chief Financial Officer,Company Secretary

Substantial Shareholders
Holding Name
14,845,566 (14.85%) James Kelly
7,186,637 (7.15%) Colonial First State Investments
8,202,618 (8.21%) Cooper Investor Pty Ltd
11,618,532 (11.62%) Bruce Carter
7,186,637 (7.19%) Perlov Family

Calendar of Events
Date Event
17 February 2016 Report (Interim)
20 August 2015 Report (Prelim)
20 August 2015 Report (Annual)
© 2011 Morningstar, Inc. All rights reserved. The data and content contained herein are not guaranteed to be accurate, complete or timely. Neither Morningstar, nor its affiliates nor their content providers will have any liability for use or distribution of any of this information. To the extent that any of the content above constitutes advice, it is general advice that has been prepared by Morningstar Australasia Pty Ltd ABN: 95 090 665 544, AFSL: 240892 (a subsidiary of Morningstar, Inc.), without reference to your objectives, financial situation or needs. Before acting on any advice, you should consider the appropriateness of the advice and we recommend you obtain financial, legal and taxation advice before making any financial investment decision. If applicable investors should obtain the relevant product disclosure statement and consider it before making any decision to invest. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). DISCLOSURE: Employees may have an interest in the securities discussed in this report. Please refer to our Financial Services Guide (FSG) for more information at www.morningstar.com.au/fsg.asp.

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