Financials Lamar Advertising Company

Equities

LAMR

US5128161099

Specialized REITs

Market Closed - Nasdaq 01:30:00 02/05/2024 am IST 5-day change 1st Jan Change
117.5 USD +1.42% Intraday chart for Lamar Advertising Company +3.02% +10.56%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 8,965 8,393 12,280 9,599 10,840 12,010 - -
Enterprise Value (EV) 1 11,918 11,158 15,194 12,859 14,137 15,046 14,921 14,765
P/E ratio 24.1 x 34.5 x 31.7 x 21.9 x 21.9 x 22.9 x 20.5 x 19.3 x
Yield 4.3% 3% 2.89% 5.3% 4.7% 4.43% 4.57% 4.67%
Capitalization / Revenue 5.11 x 5.35 x 6.87 x 4.72 x 5.14 x 5.44 x 5.2 x 5.02 x
EV / Revenue 6.8 x 7.11 x 8.5 x 6.33 x 6.7 x 6.82 x 6.47 x 6.18 x
EV / EBITDA 15.2 x 16.6 x 18.4 x 13.7 x 14.3 x 14.7 x 13.8 x 13.1 x
EV / FCF 2,35,80,698 x 2,29,94,200 x 2,49,76,955 x 2,09,24,970 x - - - -
FCF Yield 0% 0% 0% 0% - - - -
Price to Book 7.6 x 6.98 x 10.1 x 8.04 x 8.9 x 8.06 x 6.6 x 5.47 x
Nbr of stocks (in thousands) 1,00,431 1,00,848 1,01,239 1,01,683 1,01,998 1,02,210 - -
Reference price 2 89.26 83.22 121.3 94.40 106.3 117.5 117.5 117.5
Announcement Date 20/02/20 26/02/21 25/02/22 24/02/23 23/02/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 1,754 1,569 1,787 2,032 2,111 2,206 2,308 2,390
EBITDA 1 784.9 671.5 827.3 938.1 985.7 1,025 1,083 1,130
EBIT 1 517.7 410.1 521.2 578 675.4 726.1 786.2 831.8
Operating Margin 29.52% 26.14% 29.16% 28.44% 32% 32.91% 34.07% 34.8%
Earnings before Tax (EBT) 1 367.9 248 397.3 456.1 506.6 553.3 624.7 672.8
Net income 1 371.7 243 387.7 438.3 495.4 521 591.7 635.8
Net margin 21.2% 15.49% 21.69% 21.57% 23.47% 23.62% 25.64% 26.6%
EPS 2 3.710 2.410 3.830 4.310 4.850 5.122 5.730 6.098
Free Cash Flow 505.4 485.2 608.3 614.5 - - - -
FCF margin 28.82% 30.93% 34.03% 30.24% - - - -
FCF Conversion (EBITDA) 64.4% 72.26% 73.53% 65.51% - - - -
FCF Conversion (Net income) 135.96% 199.67% 156.9% 140.21% - - - -
Dividend per Share 2 3.840 2.500 3.500 5.000 5.000 5.200 5.369 5.491
Announcement Date 20/02/20 26/02/21 25/02/22 24/02/23 23/02/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4
Net sales 1 476.9 494.6 451.4 517.9 527.4 - 471.3 541.1 542.6 555.9 500.7 567.9 566.5 582.1
EBITDA 1 230.7 230.7 191.2 243.4 251.2 - 198 253.9 265.7 268.2 207 270.5 272.9 272.9
EBIT 1 133.3 149.9 120.5 166.5 181 110.1 118.8 176.8 188.1 191.7 139 202.5 204.9 204.9
Operating Margin 27.96% 30.32% 26.69% 32.15% 34.32% - 25.21% 32.67% 34.67% 34.49% 27.76% 35.65% 36.17% 35.19%
Earnings before Tax (EBT) 1 108.6 126.6 94.63 137.6 149.2 74.58 78 134.1 144.3 150.3 86.49 150 152.4 152.4
Net income 1 106.7 123.2 92.06 134.1 146.1 66.01 75.95 130.5 139.9 149 84.23 146.1 148.4 148.4
Net margin 22.38% 24.91% 20.39% 25.9% 27.7% - 16.11% 24.12% 25.79% 26.8% 16.82% 25.72% 26.2% 25.49%
EPS 2 1.050 1.210 0.9100 1.320 1.440 0.6500 0.7400 1.280 1.370 1.460 0.7949 1.393 1.437 1.496
Dividend per Share 2 1.000 1.000 1.100 1.200 1.200 1.500 1.250 1.250 - 1.250 1.300 1.300 1.300 1.300
Announcement Date 03/11/21 25/02/22 05/05/22 03/08/22 04/11/22 24/02/23 04/05/23 03/08/23 02/11/23 23/02/24 - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 2,954 2,765 2,914 3,260 3,297 3,036 2,911 2,756
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 3.764 x 4.117 x 3.522 x 3.475 x 3.344 x 2.963 x 2.689 x 2.438 x
Free Cash Flow 505 485 608 615 - - - -
ROE (net income / shareholders' equity) 32.2% 20.4% 32% 36.3% 41.1% 42.6% 46.2% 45.5%
ROA (Net income/ Total Assets) 7.09% 4.14% 6.55% 7% 7.6% - - -
Assets 1 5,243 5,866 5,919 6,261 6,519 - - -
Book Value Per Share 2 11.70 11.90 12.00 11.70 11.90 14.60 17.80 21.50
Cash Flow per Share 6.290 - - - - - - -
Capex 1 141 62.3 126 167 178 145 136 133
Capex / Sales 8.04% 3.97% 7.05% 8.22% 8.44% 6.57% 5.89% 5.56%
Announcement Date 20/02/20 26/02/21 25/02/22 24/02/23 23/02/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
C
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
4
Last Close Price
117.5 USD
Average target price
116.3 USD
Spread / Average Target
-0.99%
Consensus
  1. Stock Market
  2. Equities
  3. LAMR Stock
  4. Financials Lamar Advertising Company