Valuation Lendlease Global Commercial REIT

Stocks

Market Closed - Singapore S.E. Other stock markets 05:06:02 2026-06-17 EDT			5-day change	1st Jan Change
0.5800 ^SGD	0.00%		+4.50%	-6.45%

06-04	Lendlease Global Commercial REIT Redeems Perpetual Securities Worth SG$200 Million	MT
05-18	Lendlease Global Commercial REIT Reports Improved Occupancy in Fiscal Q3	MT

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	1,922	-	-
Change	-	86.94%	-15.28%	-13.22%	-4.4%	51.05%	-	-
Enterprise Value (EV) ¹	1,262	3,209	2,992	2,833	2,871	3,058	3,056	3,053
Change	-	154.3%	-6.76%	-5.31%	1.36%	6.5%	-0.06%	-0.09%
P/E	-513x	8.09x	15.1x	22.6x	24x	16.1x	17.6x	17.3x
PBR	0.84x	1.02x	0.84x	0.74x	0.69x	0.85x	-	-
PEG	-	-0x	-0.3x	-0.5x	-1.9x	0.2x	-2.11x	11.42x
Capitalization / Revenue	12.3x	17.8x	7.49x	6.02x	6.16x	9.02x	7.7x	7.58x
EV / Revenue	16x	31.6x	14.6x	12.8x	13.9x	14.3x	12.3x	12x
EV / EBITDA	26.2x	53.8x	22.9x	19.7x	22.5x	22.7x	19.3x	19.1x
EV / EBIT	26.2x	53.8x	22.9x	19.7x	22.5x	21.8x	19.2x	19.1x
EV / FCF	-	-	-	-	-	-	-	-
FCF Yield	-	-	-	-	-	-	-	-
Dividend per Share ²	0.0468	0.0485	0.047	0.0387	0.036	0.0366	0.0387	0.0391
Rate of return	5.71%	6.1%	7.12%	6.91%	6.92%	6.31%	6.68%	6.74%
EPS ²	-0.0016	0.0983	0.0436	0.0248	0.0217	0.036	0.033	0.0335
Distribution rate	-2,925%	49.3%	108%	156%	166%	102%	117%	117%
Net sales ¹	78.65	101.7	204.9	220.9	206.5	213.2	249.5	253.6
EBITDA ¹	48.22	59.64	130.9	143.5	127.5	134.6	158.5	159.5
EBIT ¹	48.22	59.64	130.9	143.5	127.5	140.3	158.8	159.8
Net income ¹	-1.937	140.4	99.92	58.23	52.41	90.2	102.1	104.5
Net Debt ¹	293.3	1,398	1,458	1,502	1,599	1,136	1,134	1,132
Reference price ²	0.8200	0.7950	0.6600	0.5600	0.5200	0.5800	0.5800	0.5800
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	8/9/21	8/7/22	8/7/23	8/5/24	8/4/25	-	-	-

¹SGD in Million²SGD

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
LENDLEASE GLOBAL COMMERCIAL REIT	16.11x	14.35x	22.72x	6.31%	1.5B
REALTY INCOME CORPORATION	39.57x	15.52x	16.13x	5.27%	57.97B
UNIBAIL-RODAMCO-WESTFIELD SE	8.85x	12.66x	15.7x	5.51%	16.65B
CAPITALAND INTEGRATED COMMERCIAL TRUST	19.34x	16.52x	24.18x	5.12%	14.51B
SEGRO PLC	8.99x	21.07x	23.58x	4.38%	13.61B
KLÉPIERRE	10.18x	13.38x	16.05x	5.44%	12.03B
MERLIN PROPERTIES SOCIMI, S.A.	8.07x	22.59x	30.44x	2.77%	10.97B
FEDERAL REALTY INVESTMENT TRUST	32.02x	11.45x	18.06x	3.68%	10.66B
CAPITALAND ASCENDAS REIT	16.26x	12.42x	19.4x	6.01%	9.89B
ALEXANDRIA REAL ESTATE EQUITIES, INC.	28.01x	7.34x	12.14x	5.57%	9.02B
Average	18.74x	14.73x	19.84x	5.01%	15.68B
Weighted average by Cap.	24.45x	15.17x	18.64x	5.01%