LAND SECURITIES GROUP PLC Financials Land Securities Group Plc Deutsche Boerse AG
Equities
LSU2
GB00BYW0PQ60
Diversified REITs
|
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 7.25 EUR | 0.00% |
|
-2.68% | -12.12% |
| Jun. 25 | FTSE 100 Closes in the Red; Land Securities Group Shares Down | MT |
| Jun. 25 | Land Securities raises stake in Bluewater shopping centre | AN |
Valuation
| Fiscal Period: März | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 4,123 | 5,110 | 5,816 | 4,606 | 4,883 | 4,596 | - | - |
| Enterprise Value (EV) 1 | 8,101 | 8,626 | 9,976 | 7,954 | 4,883 | 8,262 | 8,420 | 8,847 |
| P/E ratio | -4.95 x | -3.67 x | 6.71 x | -7.43 x | -15.3 x | 12.9 x | 7.66 x | 7.7 x |
| Yield | 4.17% | 3.91% | 4.71% | 6.21% | - | 6.44% | 6.57% | 6.78% |
| Capitalization / Revenue | 6.13 x | 8.93 x | 9.92 x | 7.12 x | 7.62 x | 7.16 x | 6.98 x | 6.83 x |
| EV / Revenue | 12.1 x | 15.1 x | 17 x | 12.3 x | 7.62 x | 12.9 x | 12.8 x | 13.1 x |
| EV / EBITDA | 15.9 x | 26.5 x | 23.4 x | 16.7 x | 10.3 x | 17.6 x | 17.2 x | 17 x |
| EV / FCF | 35.4 x | 15.8 x | 64.4 x | 6.34 x | - | 71.5 x | 43.7 x | 36 x |
| FCF Yield | 2.83% | 6.34% | 1.55% | 15.8% | - | 1.4% | 2.29% | 2.78% |
| Price to Book | 0.47 x | 0.71 x | 0.74 x | 0.67 x | - | 0.69 x | 0.67 x | 0.64 x |
| Nbr of stocks (in thousands) | 740,393 | 740,516 | 740,263 | 741,542 | 741,837 | 741,844 | - | - |
| Reference price 2 | 5.568 | 6.901 | 7.856 | 6.212 | 6.582 | 6.195 | 6.195 | 6.195 |
| Announcement Date | 5/12/20 | 5/18/21 | 5/17/22 | 5/16/23 | 5/17/24 | - | - | - |
1GBP in Million2GBP
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: März | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 672 | 572 | 586 | 647 | 641 | 642.1 | 658.6 | 673 |
| EBITDA 1 | 509 | 325 | 426 | 477 | 473 | 470.4 | 489.7 | 519.5 |
| EBIT 1 | 509 | 303 | 416 | 466 | 462 | 466.8 | 491 | 523.9 |
| Operating Margin | 75.74% | 52.97% | 70.99% | 72.02% | 72.07% | 72.7% | 74.56% | 77.84% |
| Earnings before Tax (EBT) 1 | -837 | -1,393 | 875 | -622 | -341 | 242.4 | 457.1 | 551.5 |
| Net income 1 | -832 | -1,393 | 869 | -619 | -319 | 402.1 | 586.3 | 600.9 |
| Net margin | -123.81% | -243.53% | 148.29% | -95.67% | -49.77% | 62.63% | 89.03% | 89.28% |
| EPS 2 | -1.124 | -1.882 | 1.171 | -0.8360 | -0.4300 | 0.4801 | 0.8088 | 0.8050 |
| Free Cash Flow 1 | 229 | 547 | 155 | 1,254 | - | 115.5 | 192.5 | 246 |
| FCF margin | 34.08% | 95.63% | 26.45% | 193.82% | - | 17.99% | 29.23% | 36.55% |
| FCF Conversion (EBITDA) | 44.99% | 168.31% | 36.38% | 262.89% | - | 24.55% | 39.31% | 47.36% |
| FCF Conversion (Net income) | - | - | 17.84% | - | - | 28.72% | 32.83% | 40.94% |
| Dividend per Share 2 | 0.2320 | 0.2700 | 0.3700 | 0.3860 | - | 0.3990 | 0.4068 | 0.4200 |
| Announcement Date | 5/12/20 | 5/18/21 | 5/17/22 | 5/16/23 | 5/17/24 | - | - | - |
1GBP in Million2GBP
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: March | 2021 S1 | 2021 S2 | 2022 S1 | 2022 S2 | 2023 S1 | 2023 S2 | 2024 S1 | 2024 S2 | 2025 S1 | 2025 S2 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net sales | - | 308 | - | - | - | - | - | - | - | - |
| EBITDA | - | - | - | - | - | - | - | - | - | - |
| EBIT 1 | - | - | 209 | 207 | 231 | 235 | 238 | 224 | 237.8 | 224.6 |
| Operating Margin | - | - | - | - | - | - | - | - | - | - |
| Earnings before Tax (EBT) | - | - | - | - | - | - | - | - | - | - |
| Net income | - | - | - | - | - | - | - | - | - | - |
| Net margin | - | - | - | - | - | - | - | - | - | - |
| EPS | - | - | - | - | - | - | - | - | - | - |
| Dividend per Share | 0.1200 | - | 0.1550 | - | 0.1760 | - | 0.1820 | - | - | - |
| Announcement Date | 11/10/20 | 5/18/21 | 11/16/21 | 5/17/22 | 11/15/22 | 5/16/23 | 11/14/23 | 5/17/24 | - | - |
1GBP in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: March | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 3,978 | 3,516 | 4,160 | 3,348 | - | 3,666 | 3,825 | 4,252 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 7.815 x | 10.82 x | 9.765 x | 7.019 x | - | 7.794 x | 7.809 x | 8.185 x |
| Free Cash Flow 1 | 229 | 547 | 155 | 1,254 | - | 116 | 193 | 246 |
| ROE (net income / shareholders' equity) | 4.43% | 3.15% | 4.69% | 5.27% | - | 5.44% | 5.49% | 5.37% |
| ROA (Net income/ Total Assets) | 2.92% | 1.98% | 2.97% | 3.29% | - | 4.07% | 5.32% | 4.36% |
| Assets 1 | -28,531 | -70,343 | 29,230 | -18,815 | - | 9,876 | 11,021 | 13,768 |
| Book Value Per Share 2 | 11.80 | 9.730 | 10.70 | 9.330 | - | 8.920 | 9.250 | 9.720 |
| Cash Flow per Share 2 | 0.5400 | 0.3100 | 0.5100 | 0.4600 | - | 0.5100 | 0.1900 | 0.5300 |
| Capex 1 | 172 | 177 | 344 | 355 | - | 275 | 389 | 204 |
| Capex / Sales | 25.6% | 30.94% | 58.7% | 54.87% | - | 42.87% | 59% | 30.26% |
| Announcement Date | 5/12/20 | 5/18/21 | 5/17/22 | 5/16/23 | 5/17/24 | - | - | - |
1GBP in Million2GBP
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
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
17
Last Close Price
6.195
GBP
Average target price
7.102
GBP
Spread / Average Target
+14.64%
EPS Revisions
Annual profits - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| -15.06% | 12.05B | |
| -21.93% | 6.8B | |
| -10.53% | 4.92B | |
| +8.41% | 4.86B | |
| +3.00% | 4.83B | |
| -13.52% | 4.18B | |
| -2.34% | 3.54B | |
| -13.35% | 3.18B | |
| -0.83% | 2.75B |
- Stock Market
- Equities
- LAND Stock
- LSU2 Stock
- Financials Land Securities Group Plc
