Lasco Distributors Ltd: A Deep Dive into the Jamaican Stock

Lasco Distributors Ltd (LASD:XJAM) is a prominent Jamaican company engaged in the marketing and distribution of consumer and pharmaceutical products. This article provides a comprehensive overview of the company’s stock performance, financial metrics, and business operations as of March 12, 2026, drawing on the latest available data.

Stock Performance and Valuation

As of March 11, 2026, Lasco Distributors Ltd’s stock price stood at JMD 3.35. Morningstar provides a quantitative rating for the stock, noting it is trading at a 716% premium. The firm’s fair value estimate is JMD 6.39 (as of March 7, 2026), with a “Very High” uncertainty rating.

Key valuation metrics include:

• Price-to-Earnings (Normalized): 9.15
• Price-to-Sales: 0.39
• Dividend Yield (Trailing): 3.58%
• Dividend Yield (Forward): 3.58%
• Total Yield: 3.58%
• Price/Book Value: 1.13
• Price/Cash Flow: 8.20

Company Overview

Founded in 1988, Lasco Distributors Ltd operates through two primary segments: Consumer Division and Pharmaceutical Division. The company markets, sells, and distributes a wide range of products, including nutrition, hygiene, and healthcare items, both in Jamaica and internationally.

Consumer Division

The Consumer Division generates the majority of the company’s revenue. Key brands within this division include Lasco Baby, Lasco Meal Solutions, Salada, Mountain Peak, and iCool. Products offered encompass nutrition, food, beverage, and home and personal care items.

Pharmaceutical Division

The Pharmaceutical Division focuses on generic pharmaceutical products, marketed under the LASMED brand.

Financial Highlights

Recent financial data reveals the following:

• Shares Outstanding: 3.53 billion
• Market Cap: 11.81 billion JMD
• Revenue (TTM): 31.31 billion JMD (a 4.3% increase)
• Net Income: 1.15 billion JMD (a decrease of 11.4%)
• Earnings Per Share (EPS): 0.32 JMD (a decrease of 13.5%)
• PE Ratio: 10.46
• Quick Ratio: 1.47
• Current Ratio: 2.55
• Interest Coverage: 97.06
• Return on Assets (Normalized): 8.49%
• Return on Equity (Normalized): 12%

In fiscal year 2025, Lasco Distributors reported revenue of JMD 30.26 billion, a 3.67% increase from JMD 29.19 billion the previous year. Earnings were JMD 1.34 billion, a decrease of 7.46%.

Company Information

• Industry: Food Distribution / Groceries and Related Products
• Stock Exchange: Jamaica Stock Exchange
• Ticker Symbol: LASD
• Website: https://www.lascojamaica.com
• Number of Employees: 476

Recent Updates

Recent company announcements include:

• The resignation of Jacinth Hall-Tracey from the Board of Directors, effective July 30, 2025.
• An interim dividend announcement, payable on July 24, 2025.
• Second quarter 2025 earnings release: EPS of JMD 0.10 (compared to JMD 0.096 in 2Q 2024).

The company’s earnings date is scheduled for May 29, 2026.