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 1,712 - -
Change - -14.91% -30.15% -0.5% -40.16% -22.29% - -
Enterprise Value (EV) 1 7,284 7,677 6,875 7,114 5,925 3,650 4,436 4,588
Change - 5.4% -10.44% 3.47% -16.72% -38.4% 21.54% 3.42%
P/E -63.3x -23x -2.49x 16.5x -2.98x 148x 41.8x 6.09x
PBR 0.9x 0.81x 0.77x 0.72x 0.46x 0.34x 0.32x 0.34x
PEG - -0x -0x -0x 0x -1x 0x 0x
Capitalization / Revenue 0.67x 0.51x 0.39x 0.47x 0.4x 0.23x 0.2x 0.22x
EV / Revenue 0.78x 0.73x 0.73x 0.91x 1.08x 0.49x 0.52x 0.58x
EV / EBITDA 11.6x 14.1x 10.3x 7.78x -33.1x 8.12x 9.78x 8.07x
EV / EBIT 15.1x 19x 12.5x 8.66x -23.6x 10.8x 12.1x 9.22x
EV / FCF -25.7x -6.17x -6.56x -6.74x -2.6x 2.36x 8.8x -91.8x
FCF Yield -3.89% -16.2% -15.2% -14.8% -38.5% 42.4% 11.4% -1.09%
Dividend per Share 2 0.16 0.16 0.16 0.23 0.157 0.158 0.1209 0.1441
Rate of return 1.76% 2.06% 2.96% 4.28% 4.86% 6.29% 4.82% 5.74%
EPS 2 -0.144 -0.337 -2.177 0.326 -1.084 0.017 0.06 0.412
Distribution rate -111% -47.5% -7.35% 70.6% -14.5% 929% 202% 35%
Net sales 1 9,324 10,458 9,437 7,790 5,503 7,394 8,524 7,921
EBITDA 1 629 544 669 914 -179 449.5 453.4 568.3
EBIT 1 483 404 549 821 -251 338.5 365.8 497.4
Net income 1 -99 -232 -1,052 225 -749 115.1 124.6 298
Net Debt 1 1,060 2,381 3,176 3,433 3,722 1,938 2,724 2,876
Reference price 2 9.110 7.750 5.410 5.380 3.230 2.510 2.510 2.510
Nbr of stocks (in thousands) 6,83,158 6,83,322 6,83,792 6,84,193 6,81,891 6,81,891 - -
Announcement Date 21/08/22 13/08/23 18/08/24 17/08/25 16/08/26 - - -
1AUD in Million2AUD
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
63.37x - - - 6.89TCr
13.69x4.73x12.13x3.52% 4.34TCr
5.91x0.8x1.59x8.22% 3.08TCr
19.75x4.09x16.57x1.24% 3.06TCr
8.71x1.55x8.59x4.04% 2.9TCr
14.55x3.13x15.03x2.4% 2.68TCr
10.92x2.15x8.32x3.85% 2.2TCr
6.13x2.3x4.48x-.--% 1.94TCr
39.12x19.32x68.55x1.14% 1.99TCr
Average 20.24x 4.76x 16.91x 3.05% 3TCr
Weighted average by Cap. 25.88x 4.33x 15.19x 3.3%

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