LXP Industrial Trust

DB:LXN Stock Report

Market Cap: €2.6b

LXP Industrial Trust Valuation

Is LXN undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of LXN when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: LXN (€8.45) is trading below our estimate of fair value (€12.85)

Significantly Below Fair Value: LXN is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for LXN?

Key metric: As LXN is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for LXN. This is calculated by dividing LXN's market cap by their current earnings.
What is LXN's PE Ratio?
PE Ratio139.1x
EarningsUS$19.52m
Market CapUS$2.70b

Price to Earnings Ratio vs Peers

How does LXN's PE Ratio compare to its peers?

The above table shows the PE ratio for LXN vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average32.7x
HABA Hamborner REIT
62.8x11.0%€514.1m
BUOU Frasers Logistics & Commercial Trust
24.2x12.3%S$3.6b
DIR.UN Dream Industrial Real Estate Investment Trust
25.2x29.7%CA$3.7b
IIPR Innovative Industrial Properties
18.6x2.3%US$2.9b
LXN LXP Industrial Trust
139.1x-95.5%€2.7b

Price-To-Earnings vs Peers: LXN is expensive based on its Price-To-Earnings Ratio (139.1x) compared to the peer average (32.7x).

Price to Earnings Ratio vs Industry

How does LXN's PE Ratio compare vs other companies in the Global Industrial REITs Industry?

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
LXN 139.1xIndustry Avg. 19.0xNo. of Companies10PE01224364860+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: LXN is expensive based on its Price-To-Earnings Ratio (139.1x) compared to the Global Industrial REITs industry average (18.9x).

Price to Earnings Ratio vs Fair Ratio

What is LXN's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

LXN PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio139.1x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate LXN's Price-To-Earnings Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst LXN forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€8.45
€10.45
+23.7%
3.6%€11.20€10.26n/a5
Nov ’25€8.55
€10.21
+19.4%
4.3%€10.75€9.85n/a5
Oct ’25€8.90
€10.21
+14.7%
4.3%€10.75€9.85n/a5
Sep ’25€9.15
€9.30
+1.6%
16.4%€10.80€6.30n/a6
Aug ’25€9.40
€9.42
+0.2%
17.4%€11.12€6.49n/a6
Jul ’25€8.35
€9.26
+10.9%
16.3%€11.11€6.48n/a6
Jun ’25€7.65
€8.91
+16.5%
15.6%€10.21€6.50n/a5
May ’25€7.85
€9.02
+14.9%
14.1%€10.34€6.58n/a5
Apr ’25€8.10
€8.87
+9.5%
14.4%€10.06€6.40n/a5
Mar ’25€7.90
€9.12
+15.5%
15.8%€10.60€6.45n/a5
Feb ’25€8.30
€9.14
+10.2%
11.9%€10.41€7.24n/a5
Jan ’25€9.00
€9.14
+1.6%
11.9%€10.41€7.24n/a5
Dec ’24€7.95
€9.20
+15.7%
14.1%€11.03€7.36n/a5
Nov ’24€7.35
€10.22
+39.0%
10.8%€11.36€8.52€8.555
Oct ’24€8.35
€10.32
+23.6%
5.7%€11.26€9.38€8.905
Sep ’24€8.95
€10.07
+12.5%
5.7%€10.99€9.16€9.155
Aug ’24€9.05
€10.32
+14.0%
6.7%€11.06€9.21€9.405
Jul ’24€8.85
€10.32
+16.6%
6.7%€11.06€9.21€8.355
Jun ’24€9.55
€10.32
+8.1%
6.7%€11.06€9.21€7.655
May ’24€8.30
€10.20
+22.8%
7.4%€10.88€9.06€7.854
Apr ’24€9.10
€10.78
+18.5%
9.7%€12.19€9.38€8.104
Mar ’24€9.75
€10.78
+10.6%
9.7%€12.19€9.38€7.904
Feb ’24€10.50
€10.78
+2.7%
9.7%€12.19€9.38€8.304
Jan ’24€9.40
€10.54
+12.2%
7.4%€11.25€9.37€9.004
Dec ’23€10.20
€10.93
+7.1%
7.5%€11.40€9.50€7.954

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

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