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 1,889 - -
Change - -14.91% -30.15% -0.5% -40.16% -14.24% - -
Enterprise Value (EV) 1 7,284 7,677 6,875 7,114 2,203 3,791 4,620 4,772
Change - 5.4% -10.44% 3.47% -69.04% 72.11% 21.88% 3.29%
P/E -63.3x -23x -2.49x 16.5x -2.98x 163x 46.2x 5.86x
PBR 0.9x 0.81x 0.77x 0.72x - 0.38x 0.36x 0.37x
PEG - -0x -0x -0x 0x -2x 0x 0x
Capitalization / Revenue 0.67x 0.51x 0.39x 0.47x 0.4x 0.23x 0.19x 0.21x
EV / Revenue 0.78x 0.73x 0.73x 0.91x 0.4x 0.47x 0.46x 0.53x
EV / EBITDA 11.6x 14.1x 10.3x 7.78x -12.3x 8.43x 10.1x 8.35x
EV / EBIT 15.1x 19x 12.5x 8.66x -8.77x 11.2x 12.5x 9.54x
EV / FCF -25.7x -6.17x -6.56x -6.74x - 2.45x 9.16x -97.4x
FCF Yield -3.89% -16.2% -15.2% -14.8% - 40.8% 10.9% -1.03%
Dividend per Share 2 0.16 0.16 0.16 0.23 - 0.1586 0.1234 0.147
Rate of return 1.76% 2.06% 2.96% 4.28% - 5.73% 4.46% 5.31%
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% - 933% 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 -251 339.2 369.6 500.4
Net income 1 -99 -232 -1,052 225 -749 115.1 107.3 331.3
Net Debt 1 1,060 2,381 3,176 3,433 - 1,902 2,731 2,884
Reference price 2 9.110 7.750 5.410 5.380 3.230 2.770 2.770 2.770
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 (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
16.63x5.21x14.02x3.04% 4.74TCr
9.3x1.56x8.16x3.82% 3.22TCr
18.25x4.03x16.32x1.35% 2.79TCr
5.48x0.66x1.38x9.12% 2.64TCr
13.89x3.09x14.78x2.52% 2.54TCr
11.15x2.12x9.92x3.98% 2.11TCr
7.95x0.88x3.21x2.81% 2.03TCr
10.79x1.69x14.65x3.5% 1.97TCr
13.38x6.55x17.49x1.59% 1.94TCr
Average 11.87x 2.87x 11.10x 3.53% 2.66TCr
Weighted average by Cap. 12.36x 3.04x 11.24x 3.55%

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