Company Valuation: Lendlease Group

Data adjusted to current consolidation scope
Fiscal Period: June 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 6,224 5,296 3,699 3,681 2,203 1,623 - -
Change - -14.91% -30.15% -0.5% -40.16% -26.32% - -
Enterprise Value (EV) 1 7,284 7,677 6,875 7,114 5,925 3,521 4,347 4,499
Change - 5.4% -10.44% 3.47% -16.72% -40.57% 23.46% 3.49%
P/E -63.3x -23x -2.49x 16.5x -2.98x 140x 39.7x 5.03x
PBR 0.9x 0.81x 0.77x 0.72x 0.46x 0.32x 0.31x 0.32x
PEG - -0x -0x -0x 0x -1x 0x 0x
Capitalization / Revenue 0.67x 0.51x 0.39x 0.47x 0.4x 0.2x 0.16x 0.18x
EV / Revenue 0.78x 0.73x 0.73x 0.91x 1.08x 0.43x 0.43x 0.5x
EV / EBITDA 11.6x 14.1x 10.3x 7.78x -33.1x 7.83x 9.46x 7.87x
EV / EBIT 15.1x 19x 12.5x 8.66x -23.6x 10.4x 11.8x 9x
EV / FCF -25.7x -6.17x -6.56x -6.74x -2.6x 2.27x 8.62x -90.1x
FCF Yield -3.89% -16.2% -15.2% -14.8% -38.5% 44% 11.6% -1.11%
Dividend per Share 2 0.16 0.16 0.16 0.23 0.157 0.1582 0.1234 0.147
Rate of return 1.76% 2.06% 2.96% 4.28% 4.86% 6.65% 5.18% 6.18%
EPS 2 -0.144 -0.337 -2.177 0.326 -1.084 0.017 0.06 0.473
Distribution rate -111% -47.5% -7.35% 70.6% -14.5% 931% 206% 31.1%
Net sales 1 9,324 10,458 9,437 7,790 5,503 8,122 10,060 9,028
EBITDA 1 629 544 669 914 -179 449.9 459.4 571.5
EBIT 1 483 404 549 821 -251 338.7 369.3 500
Net income 1 -99 -232 -1,052 225 -749 115.1 107.3 330.6
Net Debt 1 1,060 2,381 3,176 3,433 3,722 1,898 2,724 2,876
Reference price 2 9.110 7.750 5.410 5.380 3.230 2.380 2.380 2.380
Nbr of stocks (in thousands) 683,158 683,322 683,792 684,193 681,891 681,891 - -
Announcement Date 8/21/22 8/13/23 8/18/24 8/17/25 8/16/26 - - -
1AUD in Million2AUD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
140x0.43x7.83x6.65% 1.13B
59.04x - - - 63.25B
12.53x4.39x11.26x3.84% 39.65B
8.31x1.48x8.22x4.26% 27.66B
5.61x0.73x1.51x8.77% 27.43B
16.97x3.84x15.45x1.44% 26.01B
13.21x3.02x14.45x2.65% 24.22B
8.18x2.92x6.81x-.--% 19.35B
9.84x1.92x7.92x4.27% 19.78B
7.65x0.85x3.08x2.92% 19.56B
Average 28.13x 2.18x 8.50x 3.87% 26.8B
Weighted average by Cap. 22.52x 2.54x 8.91x 3.72%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Lendlease Group

Historical PBR trend

Valuation ratios - PBR - Lendlease Group

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Lendlease Group

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Lendlease Group


Year-on-year evolution of the Yield

Valuation ratios - Yield - Lendlease Group
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