Projected Income Statement: Jones Lang LaSalle Incorporated

Forecast Balance Sheet: Jones Lang LaSalle Incorporated

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Net Debt 1 363 1,232 1,128 801 304 249 246 268
Change - 239.39% -8.44% -28.99% -62.05% -18.15% -1.2% 8.94%
Announcement Date 28/02/22 28/02/23 27/02/24 19/02/25 18/02/26 - - -
1USD in Million
Estimates

Cash Flow Forecast: Jones Lang LaSalle Incorporated

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
CAPEX 1 175.9 205.8 186.9 185.5 215.6 227.1 243.4 255
Change - 17% -9.18% -0.75% 16.23% 5.34% 7.17% 4.79%
Free Cash Flow (FCF) 1 830.9 -5.9 388.9 599.8 978.5 697 953.5 1,104
Change - -100.71% 6,691.53% 54.23% 63.14% -28.77% 36.8% 15.78%
Announcement Date 28/02/22 28/02/23 27/02/24 19/02/25 18/02/26 - - -
1USD in Million
Estimates

Forecast Financial Ratios: Jones Lang LaSalle Incorporated

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028

Profitability

        
EBITDA Margin (%) 13.55% 5.98% 3.55% 5.06% 5.56% 5.74% 5.96% 6.1%
EBIT Margin (%) 9.45% 4.16% 2.78% 3.7% 4.2% 4.75% 5.01% 5.16%
EBT Margin (%) 11.08% 4.77% 1.21% 2.9% 3.76% 4.53% 4.78% 4.9%
Net margin (%) 8.71% 3.14% 1.09% 2.33% 3.03% 3.67% 3.84% 3.95%
FCF margin (%) 7.52% -0.03% 1.87% 2.56% 3.75% 2.44% 3.15% 3.45%
FCF / Net Income (%) 86.41% -0.9% 172.54% 109.69% 123.53% 66.49% 82.2% 87.3%

Profitability

        
ROA 6.8% 4.99% 2.26% 4.13% 4.58% 5.46% 5.66% 6.06%
ROE 17.32% 12.7% 5.81% 10.37% 11.1% 12.97% 13.08% 13.39%

Financial Health

        
Leverage (Debt/EBITDA) 0.24x 0.99x 1.53x 0.67x 0.21x 0.15x 0.14x 0.14x
Debt / Free cash flow 0.44x -208.73x 2.9x 1.33x 0.31x 0.36x 0.26x 0.24x

Capital Intensity

        
CAPEX / Current Assets (%) 1.59% 0.99% 0.9% 0.79% 0.83% 0.8% 0.8% 0.8%
CAPEX / EBITDA (%) 11.75% 16.5% 25.37% 15.64% 14.84% 13.86% 13.51% 13.08%
CAPEX / FCF (%) 21.17% -3,488.14% 48.06% 30.93% 22.03% 32.59% 25.53% 23.1%

Items per share

        
Cash flow per share 1 18.67 - - - - - - -
Change - - - - - - - -
Dividend per Share 1 - - - - - - - 0.2
Change - - - - - - - -
Book Value Per Share 1 123.6 124.5 132.7 145.4 158.5 165.9 195.4 211.1
Change - 0.69% 6.63% 9.55% 8.96% 4.7% 17.8% 8.02%
EPS 1 18.47 13.27 4.67 11.3 16.4 22.22 25.16 28.43
Change - -28.15% -64.81% 141.97% 45.13% 35.46% 13.25% 12.99%
Nbr of stocks (in thousands) 50,468 47,463 47,573 47,445 47,195 46,394 46,394 46,394
Announcement Date 28/02/22 28/02/23 27/02/24 19/02/25 18/02/26 - - -
1USD
Estimates
2026 *2027 *
P/E ratio 12.9x 11.4x
PBR 1.73x 1.47x
EV / Sales 0.47x 0.45x
Yield - -

EPS & Dividend

Y-o-Y evolution of P/E

Year-on-year evolution of the Yield

Trader
Investor
Global
Quality
ESG MSCI
AAA
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
12
Last Close Price
286.52USD
Average target price
384.80USD
Spread / Average Target
+34.30%

Quarterly revenue - Rate of surprise

  1. Stock Market
  2. Equities
  3. JLL Stock
  4. Financials Jones Lang LaSalle Incorporated