Added to YB: 2026-04-30
Pitch date: 2026-04-28
LBL.AX [bullish]
LaserBond Limited
Author Info
Nevergreedy shares investment pitches on their blog. Sign up for the newsletter.
Company Info
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.
Market Cap
AUD 64.9M
Pitch Price
AUD 0.54
Price Target
N/A
Dividend
2.19%
EV/EBITDA
6.74
P/E
12.77
EV/Sales
1.57
Sector
Machinery
Category
value
LaserBond: Extending Machine Life and Its Own Growth Runway
LBL.AX: Surface engineering co extends machinery part life via Services (repairs), Products (components) & Technology (licensing). 6.5x EV/EBITDA, ~8.5% H2 FY26 growth est. Catalyst: ~A$2.3M Komatsu laser-cladding system deal (2H FY26 delivery), potential for repeat orders. Gateway (40% stake, option for 51% at 4.5x EBITDA Mar 2027) did A$24.7M rev, A$0.93M NPAT in 1H26, links to Komatsu/Hitachi/CAT. OEM discussions ongoing. Launching X-Clad material 2026.
Read full article (1 min)