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 1,916 - -
Change - -20.56% -14.91% -30.15% -0.5% -47.95% - -
Enterprise Value (EV) 1 8,529 7,284 7,677 6,875 7,114 4,862 3,518 3,850
Change - -14.6% 5.4% -10.44% 3.47% -31.65% -27.64% 9.44%
P/E 35.5x -63.3x -23x -2.49x 16.5x -3.82x 28.4x 11.3x
PBR 1.14x 0.9x 0.81x 0.77x 0.72x 0.39x 0.37x 0.35x
PEG - 0x -0x -0x -0x 0x -0x 0x
Capitalization / Revenue 0.77x 0.67x 0.51x 0.39x 0.47x 0.3x 0.18x 0.18x
EV / Revenue 0.84x 0.78x 0.73x 0.73x 0.91x 0.76x 0.33x 0.35x
EV / EBITDA 11.3x 11.6x 14.1x 10.3x 7.78x -17.9x 7.61x 6.41x
EV / EBIT 14x 15.1x 19x 12.5x 8.66x -15.6x 8x 8.15x
EV / FCF 28x -25.7x -6.17x -6.56x -6.74x -7.5x 2.21x 6.14x
FCF Yield 3.58% -3.89% -16.2% -15.2% -14.8% -13.3% 45.3% 16.3%
Dividend per Share 2 0.27 0.16 0.16 0.16 0.23 0.1207 0.1472 0.1886
Rate of return 2.36% 1.76% 2.06% 2.96% 4.28% 4.3% 5.24% 6.71%
EPS 2 0.323 -0.144 -0.337 -2.177 0.326 -0.7365 0.099 0.248
Distribution rate 83.6% -111% -47.5% -7.35% 70.6% -16.4% 149% 76.1%
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 -272.1 462.4 600.5
EBIT 1 609 483 404 549 821 -311.6 439.9 472.3
Net income 1 222 -99 -232 -1,052 225 -545.5 242.8 297
Net Debt 1 695 1,060 2,381 3,176 3,433 2,946 1,602 1,934
Reference price 2 11.460 9.110 7.750 5.410 5.380 2.810 2.810 2.810
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 (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
-3.82x0.76x-17.87x4.3% 1.34B
15.68x4.94x13.3x3.23% 44.6B
8.45x1.48x7.55x4.18% 29.72B
19.91x4.14x16.91x1.25% 29.33B
5.58x0.6x1.23x9.03% 26.66B
14.34x3.11x14.91x2.45% 25.48B
9.07x2.34x7.2x3.85% 21.38B
14.8x6.76x18.15x1.45% 20.76B
Average 10.50x 3.02x 7.67x 3.72% 24.91B
Weighted average by Cap. 12.77x 3.37x 11.21x 3.64%

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