Company Valuation: Lendlease Global Commercial REIT

Data adjusted to current consolidation scope
Fiscal Period: June 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 968.4 1,810 1,534 1,331 1,272 1,872 - -
Change - 86.94% -15.28% -13.22% -4.4% 47.14% - -
Enterprise Value (EV) 1 1,262 3,209 2,992 2,833 2,871 3,008 3,485 3,484
Change - 154.3% -6.76% -5.31% 1.36% 4.77% 15.84% -0.02%
P/E -513x 8.09x 15.1x 22.6x 24x 15.3x 16.5x 16.4x
PBR 0.84x 1.02x 0.84x 0.74x 0.69x 0.83x 0.81x 0.82x
PEG - -0x -0.3x -0.5x -1.9x 0.2x -3.3x 17.53x
Capitalization / Revenue 12.3x 17.8x 7.49x 6.02x 6.16x 8.91x 7.64x 7.41x
EV / Revenue 16x 31.6x 14.6x 12.8x 13.9x 14.1x 14.2x 13.8x
EV / EBITDA 26.2x 53.8x 22.9x 19.7x 22.5x 22.4x 22.7x 21.9x
EV / EBIT 26.2x 53.8x 22.9x 19.7x 22.5x 21.4x 22.7x 21.9x
EV / FCF - - - - - - 21,405,741x 18,336,867x
FCF Yield - - - - - - 0% 0%
Dividend per Share 2 0.0468 0.0485 0.047 0.0387 0.036 0.0366 0.0382 0.039
Rate of return 5.71% 6.1% 7.12% 6.91% 6.92% 6.48% 6.76% 6.89%
EPS 2 -0.0016 0.0983 0.0436 0.0248 0.0217 0.0373 0.0342 0.0345
Distribution rate -2,925% 49.3% 108% 156% 166% 102% 112% 113%
Net sales 1 78.65 101.7 204.9 220.9 206.5 211.9 245.2 252.7
EBITDA 1 48.22 59.64 130.9 143.5 127.5 129.7 153.8 159.1
EBIT 1 48.22 59.64 130.9 143.5 127.5 129.7 153.8 159.3
Net income 1 -1.937 140.4 99.92 58.23 52.41 107 101.8 104.6
Net Debt 1 293.3 1,398 1,458 1,502 1,599 1,136 1,613 1,612
Reference price 2 0.8200 0.7950 0.6600 0.5600 0.5200 0.5650 0.5650 0.5650
Nbr of stocks (in thousands) 1,180,996 2,277,126 2,323,662 2,376,578 2,446,669 3,313,371 - -
Announcement Date 09/08/21 07/08/22 07/08/23 05/08/24 04/08/25 03/08/26 - -
1SGD in Million2SGD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
15.69x14.11x22.35x6.48% 1.46B
39.99x15.91x16.15x5.21% 59.22B
16.88x23.51x28.37x3.41% 17.49B
9.39x12.53x15.35x5.31% 17.24B
20.21x17.2x25.04x4.82% 15.48B
10.61x13.99x16.63x5.01% 13B
9.48x21.66x29.3x2.9% 10.41B
27.86x11.09x17.42x3.89% 10.18B
15.86x12.15x18.89x6.07% 9.72B
26.76x7.21x11.55x5.99% 8.37B
Average 19.27x 14.94x 20.11x 4.91% 16.26B
Weighted average by Cap. 24.97x 15.72x 19.17x 4.85%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

  1. Stock Market
  2. Stocks
  3. JYEU Stock
  4. Valuation Lendlease Global Commercial REIT