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 1,957 - -
Change - -20.56% -14.91% -30.15% -0.5% -46.83% - -
Enterprise Value (EV) 1 8,529 7,284 7,677 6,875 7,114 4,647 3,572 3,898
Change - -14.6% 5.4% -10.44% 3.47% -34.67% -23.14% 9.12%
P/E Ratio 35.5x -63.3x -23x -2.49x 16.5x -5.71x 17.3x 6.91x
PBR 1.14x 0.9x 0.81x 0.77x 0.72x 0.39x 0.36x 0.35x
PEG - 0x -0x -0x -0x 0x -0x 0x
Capitalization / Revenue 0.77x 0.67x 0.51x 0.39x 0.47x 0.27x 0.2x 0.2x
EV / Revenue 0.84x 0.78x 0.73x 0.73x 0.91x 0.65x 0.37x 0.4x
EV / EBITDA 11.3x 11.6x 14.1x 10.3x 7.78x 33.7x 5.9x 6.33x
EV / EBIT 14x 15.1x 19x 12.5x 8.66x 60.1x 6.43x 7.07x
EV / FCF 28x -25.7x -6.17x -6.56x -6.74x -12.8x 2.11x 8.29x
FCF Yield 3.58% -3.89% -16.2% -15.2% -14.8% -7.84% 47.5% 12.1%
Dividend per Share 2 0.27 0.16 0.16 0.16 0.23 0.1292 0.1931 0.1788
Rate of return 2.36% 1.76% 2.06% 2.96% 4.28% 4.5% 6.73% 6.23%
EPS 2 0.323 -0.144 -0.337 -2.177 0.326 -0.503 0.166 0.4155
Distribution rate 83.6% -111% -47.5% -7.35% 70.6% -25.7% 116% 43%
Net sales 1 10,185 9,324 10,458 9,437 7,790 7,192 9,584 9,657
EBITDA 1 757 629 544 669 914 137.8 605.4 615.8
EBIT 1 609 483 404 549 821 77.28 555.5 551.6
Net income 1 222 -99 -232 -1,052 225 -239 266.6 374.3
Net Debt 1 695 1,060 2,381 3,176 3,433 2,690 1,615 1,941
Reference price 2 11.460 9.110 7.750 5.410 5.380 2.870 2.870 2.870
Nbr of stocks (in thousands) 683,586 683,158 683,322 683,792 684,193 681,891 - -
Announcement Date 8/15/21 8/21/22 8/13/23 8/18/24 8/17/25 - - -
1AUD in Million2AUD
Estimates

P/E Ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
-5.71x0.65x33.72x4.5% 1.38B
15x4.68x12.82x3.34% 43.27B
9.42x1.56x7.8x3.78% 33.93B
23.03x4.45x18.7x1.1% 31.6B
5.94x0.67x1.35x8.55% 28.15B
15.71x3.2x15.81x2.23% 26.43B
11.85x1.78x15.16x3.19% 21.92B
9.46x2.28x7.85x3.93% 20.67B
15.48x6.71x19.02x1.23% 20.58B
Average 11.13x 2.89x 14.69x 3.54% 25.33B
Weighted average by Cap. 13.36x 3.18x 12.28x 3.46%

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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