Company Valuation: Lendlease Group

Data adjusted to current consolidation scope
Fiscal Period: June 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 7,834 6,224 5,296 3,699 3,681 2,046 - -
Change - -20.56% -14.91% -30.15% -0.5% -44.43% - -
Enterprise Value (EV) 1 8,529 7,284 7,677 6,875 7,114 4,879 3,589 4,142
Change - -14.6% 5.4% -10.44% 3.47% -31.41% -26.44% 15.42%
P/E 35.5x -63.3x -23x -2.49x 16.5x -4.55x 13x 8.82x
PBR 1.14x 0.9x 0.81x 0.77x 0.72x 0.41x 0.38x 0.37x
PEG - 0x -0x -0x -0x 0x -0x 0.2x
Capitalization / Revenue 0.77x 0.67x 0.51x 0.39x 0.47x 0.32x 0.19x 0.19x
EV / Revenue 0.84x 0.78x 0.73x 0.73x 0.91x 0.76x 0.34x 0.38x
EV / EBITDA 11.3x 11.6x 14.1x 10.3x 7.78x -18.9x 6.92x 6.92x
EV / EBIT 14x 15.1x 19x 12.5x 8.66x -16.3x 7.38x 8.87x
EV / FCF 28x -25.7x -6.17x -6.56x -6.74x -11.3x 2.19x 10.3x
FCF Yield 3.58% -3.89% -16.2% -15.2% -14.8% -8.83% 45.7% 9.7%
Dividend per Share 2 0.27 0.16 0.16 0.16 0.23 0.1236 0.165 0.187
Rate of return 2.36% 1.76% 2.06% 2.96% 4.28% 4.12% 5.5% 6.23%
EPS 2 0.323 -0.144 -0.337 -2.177 0.326 -0.66 0.23 0.34
Distribution rate 83.6% -111% -47.5% -7.35% 70.6% -18.7% 71.7% 55%
Net sales 1 10,185 9,324 10,458 9,437 7,790 6,436 10,640 10,906
EBITDA 1 757 629 544 669 914 -257.6 518.7 598.7
EBIT 1 609 483 404 549 821 -299.2 486 467
Net income 1 222 -99 -232 -1,052 225 -239 373.1 416.5
Net Debt 1 695 1,060 2,381 3,176 3,433 2,834 1,543 2,097
Reference price 2 11.460 9.110 7.750 5.410 5.380 3.000 3.000 3.000
Nbr of stocks (in thousands) 683,586 683,158 683,322 683,792 684,193 681,891 - -
Announcement Date 15/08/21 21/08/22 13/08/23 18/08/24 17/08/25 - - -
1AUD in Million2AUD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
-4.61x0.76x-19.05x4.06% 1.44B
14.86x4.71x12.79x3.39% 42.53B
21.3x4.32x17.71x1.18% 31.52B
6.05x0.73x1.51x8.25% 29.17B
8.12x1.43x7.17x4.39% 29.22B
14.39x3.12x14.93x2.44% 25.79B
15.9x1.01x6.7x2.34% 22.08B
15.52x6.91x18.55x1.38% 21.96B
9.04x2.2x7.55x4.11% 19.73B
Average 11.17x 2.80x 7.54x 3.51% 24.83B
Weighted average by Cap. 13.21x 3.13x 10.82x 3.5%

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

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  3. LLC Stock
  4. Valuation Lendlease Group