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 2,032 - -
Change - -20.56% -14.91% -30.15% -0.5% -44.8% - -
Enterprise Value (EV) 1 8,529 7,284 7,677 6,875 7,114 4,722 3,647 3,973
Change - -14.6% 5.4% -10.44% 3.47% -33.62% -22.77% 8.94%
P/E 35.5x -63.3x -23x -2.49x 16.5x -5.92x 18x 7.17x
PBR 1.14x 0.9x 0.81x 0.77x 0.72x 0.41x 0.38x 0.36x
PEG - 0x -0x -0x -0x 0x -0x 0x
Capitalization / Revenue 0.77x 0.67x 0.51x 0.39x 0.47x 0.28x 0.21x 0.21x
EV / Revenue 0.84x 0.78x 0.73x 0.73x 0.91x 0.66x 0.38x 0.41x
EV / EBITDA 11.3x 11.6x 14.1x 10.3x 7.78x 34.3x 6.02x 6.45x
EV / EBIT 14x 15.1x 19x 12.5x 8.66x 61.1x 6.57x 7.2x
EV / FCF 28x -25.7x -6.17x -6.56x -6.74x -13x 2.15x 8.45x
FCF Yield 3.58% -3.89% -16.2% -15.2% -14.8% -7.72% 46.5% 11.8%
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% 4.34% 6.48% 6%
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 2.980 2.980 2.980
Nbr of stocks (in thousands) 683,586 683,158 683,322 683,792 684,193 681,891 - -
Announcement Date 8/15/21 A 8/21/22 A 8/13/23 A 8/18/24 A 8/17/25 A - - -
1AUD in Million2AUD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
14.45x4.54x12.45x3.46% 41.68B
6.54x0.9x1.81x7.72% 31.19B
22.23x4.36x18.3x1.14% 30.3B
8.11x1.43x7.16x4.4% 29.19B
15.23x3.15x15.57x2.3% 25.44B
15.98x1.02x6.73x2.33% 22.19B
15.65x6.74x19.12x1.21% 20.67B
9.13x2.2x7.56x4.07% 19.94B
Average 13.41x 3.04x 11.09x 3.33% 27.57B
Weighted average by Cap. 13.43x 3.07x 11.02x 3.47%

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

-40%: Exceptional extension
d
:
:
SEIZE THE OFFER!