LGI LIMITED (LGI)
Share Price Analysis and Chart

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LGI

LGI - LGI LIMITED

FNArena Sector : NONE
Year End: June
GICS Industry Group : NONE
Debt/EBITDA: -10.86
Index: ALL-ORDS

LAST PRICE CHANGE +/- CHANGE % VOLUME

$3.62

23 Mar
2026

0.020

OPEN

$3.58

0.56%

HIGH

$3.62

1,496

LOW

$3.47

TARGET
$4.643 28.3% upside
Franking for last dividend paid out: 100%
FNARENA'S MARKET CONSENSUS FORECASTS
LGI: 1
Title FY24
Actual		 FY25
Actual		 FY26
Forecast		 FY27
Forecast
EPS (cps) xxx 7.3 9.7 xxx
DPS (cps) xxx 2.5 2.8 xxx
EPS Growth xxx - 3.4% 33.1% xxx
DPS Growth xxx 0.0% 10.7% xxx
PE Ratio xxx N/A 37.3 xxx
Dividend Yield xxx N/A 0.8% xxx
Div Pay Ratio(%) xxx 34.3% 28.5% xxx

Dividend yield today if purchased 3 years ago: 1.09%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 0.69

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 19/03 - ex-div 1.2c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2026 FactSet UK Limited. All rights reserved
Title 202020212022202320242025
EPS Basic xxxxxxxxxxxxxxx7.3
DPS All xxxxxxxxxxxxxxx2.5
Sales/Revenue xxxxxxxxxxxxxxx16.3 M
Book Value Per Share xxxxxxxxxxxxxxx65.0
Net Operating Cash Flow xxxxxxxxxxxxxxx12.3 M
Net Profit Margin xxxxxxxxxxxxxxx39.73 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 202020212022202320242025
Return on Capital Employed xxxxxxxxxxxxxxx11.71 %
Return on Invested Capital xxxxxxxxxxxxxxx7.76 %
Return on Assets xxxxxxxxxxxxxxx6.42 %
Return on Equity xxxxxxxxxxxxxxx11.71 %
Return on Total Capital xxxxxxxxxxxxxxx-11.36 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx-5.0 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 202020212022202320242025
Short-Term Debt xxxxxxxxxxxxxxx1 M
Long Term Debt xxxxxxxxxxxxxxx33 M
Total Debt xxxxxxxxxxxxxxx34 M
Goodwill - Gross xxxxxxxxxxxxxxx0 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx3 M
Price To Book Value xxxxxxxxxxxxxxx4.84

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 202020212022202320242025
Capex xxxxxxxxxxxxxxx18.6 M
Capex % of Sales xxxxxxxxxxxxxxx113.83 %
Cost of Goods Sold xxxxxxxxxxxxxxx22 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx4 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx0 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

0.8

No. Of Recommendations

3
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Ord Minnett

xx/xx/xxxx

1

xxxxxxx xx xxx xxxx xxxxxxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
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Bell Potter

23/02/2026

1

Buy

$4.64

28.18%

Bell Potter notes LGI Ltd's 1H26 revenue rose 20% y/y slightly better than expected. Net profit after tax missed forecasts due to higher interest expense prior to debt being fully repaid following the $56m capital raise in October 2025.

Operationally, record biogas recovery drove a 41% y/y increase in MWh generation, offsetting weaker wholesale electricity prices, and an interim dividend of 1.25c was declared.

Full-year guidance for 25-30% earnings (EBITDA) growth, implying $21.7m to $22.6m, was reiterated by management, with Mugga Lane expected online late 2H26 and Belrose and Nowra targeted for 2H27, taking capacity to more than double by end FY27.

The analyst retains a Buy rating and price target is reduced to $4.64 from $4.70, with EPS forecasts lowered by -5% in FY26 and  unchanged in FY27.

FORECAST
Bell Potter forecasts a full year FY26 dividend of 2.90 cents and EPS of 10.00 cents.
Bell Potter forecasts a full year FY27 dividend of 4.70 cents and EPS of 14.50 cents.

Morgans

xx/xx/xxxx

2

xxxxxxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial
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EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

1

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Canaccord Genuity

03/03/2026

1

Buy

$4.55

25.69%

LGI reported 1H FY26 earnings (EBITDA) of $9.7m, up 33% on the prior year and in line with Canaccord Genuity's forecast. Profit of $3.1m rose 28% but missed the broker’s estimate on higher depreciation. 

Electricity generation increased 41% to 70.3GWh and Australian Carbon Credit Unit (ACCU) volumes rose 19%, though average pricing was slightly lower, observe the analysts.

FY26 guidance for earnings growth of 25-30% or $21.8-22.6m was reiterated.

Canaccord leaves its FY26 forecasts unchanged but cuts the FY27 earnings estimate to $25m from $27.3m on lower assumed power and Large-scale Generation Certificate (LGC prices), with similar changes for FY28.

The broker reiterates a Buy rating and lowers its target price to $4.55 from $4.80.

FORECAST
Canaccord Genuity forecasts a full year FY26 dividend of 2.50 cents and EPS of 9.50 cents.
Canaccord Genuity forecasts a full year FY27 dividend of 2.50 cents and EPS of 10.10 cents.
Access Extra Coverage Research History >

LGI STOCK CHART

FNArena News on LGI

1
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Mar 12 2026 - Rudi's View
2
Australian Broker Call *Extra* Edition – Mar 03, 2026

Mar 03 2026 - Daily Market Reports
3
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Mar 02 2026 - Weekly Reports
4
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Feb 23 2026 - Australia
5
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