LSL Property Services plc

BATS-CHIXE:LSLL Stock Report

Market Cap: UK£294.1m

LSL Property Services Valuation

Is LSLL 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 LSLL when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: LSLL (£2.88) is trading below our estimate of fair value (£6.39)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for LSLL. This is calculated by dividing LSLL's market cap by their current earnings.
What is LSLL's PE Ratio?
PE Ratio22.9x
EarningsUK£12.82m
Market CapUK£294.14m

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for LSLL vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average25.7x
MTVW Mountview Estates
12.6xn/aUK£350.9m
FOXT Foxtons Group
22.8x33.2%UK£165.3m
SVS Savills
31.2x33.3%UK£1.4b
TPFG Property Franchise Group
36.1x54.9%UK£280.1m
LSLL LSL Property Services
22.9x28.2%UK£294.1m

Price-To-Earnings vs Peers: LSLL is good value based on its Price-To-Earnings Ratio (22.9x) compared to the peer average (25.7x).

Price to Earnings Ratio vs Industry

How does LSLL's PE Ratio compare vs other companies in the European Real Estate Industry?

23 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No. of Companies33PE01224364860+
23 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: LSLL is expensive based on its Price-To-Earnings Ratio (22.9x) compared to the European Real Estate industry average (17.8x).

Price to Earnings Ratio vs Fair Ratio

What is LSLL'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.

LSLL PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio22.9x
Fair PE Ratio22.2x

Price-To-Earnings vs Fair Ratio: LSLL is expensive based on its Price-To-Earnings Ratio (22.9x) compared to the estimated Fair Price-To-Earnings Ratio (22.2x).

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 LSLL forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUK£2.88
UK£3.94
+36.8%
8.6%UK£4.28UK£3.60n/a2
Nov ’25UK£3.02
UK£3.94
+30.5%
8.6%UK£4.28UK£3.60n/a2
Oct ’25UK£2.95
UK£3.94
+33.6%
8.6%UK£4.28UK£3.60n/a2
Sep ’25UK£3.37
UK£3.69
+9.5%
16.0%UK£4.28UK£3.10n/a2
Aug ’25UK£3.40
UK£3.69
+8.5%
16.0%UK£4.28UK£3.10n/a2
Jul ’25UK£3.33
UK£3.69
+10.8%
16.0%UK£4.28UK£3.10n/a2
Jun ’25UK£3.21
UK£3.69
+15.0%
16.0%UK£4.28UK£3.10n/a2
May ’25UK£3.00
UK£3.36
+12.0%
7.7%UK£3.62UK£3.10n/a2
Apr ’25UK£2.65
UK£3.24
+22.1%
11.9%UK£3.62UK£2.85n/a2
Mar ’25UK£2.39
UK£3.06
+28.0%
18.3%UK£3.62UK£2.50n/a2
Feb ’25UK£2.75
UK£3.06
+11.3%
18.3%UK£3.62UK£2.50n/a2
Jan ’25UK£2.52
UK£3.06
+21.7%
18.3%UK£3.62UK£2.50n/a2
Dec ’24UK£2.25
UK£3.06
+36.0%
18.3%UK£3.62UK£2.50n/a2
Nov ’24UK£2.49
UK£3.06
+22.9%
18.3%UK£3.62UK£2.50UK£3.022
Oct ’24UK£2.60
UK£3.06
+17.9%
18.3%UK£3.62UK£2.50UK£2.952
Sep ’24UK£2.49
UK£2.81
+12.9%
28.8%UK£3.62UK£2.00UK£3.372
Aug ’24UK£2.88
UK£2.89
+0.2%
25.5%UK£3.62UK£2.15UK£3.402
Jul ’24UK£2.81
UK£2.89
+2.7%
25.5%UK£3.62UK£2.15UK£3.332
Jun ’24UK£2.53
UK£3.08
+21.5%
30.1%UK£4.00UK£2.15UK£3.212
May ’24UK£2.74
UK£3.08
+12.2%
30.1%UK£4.00UK£2.15UK£3.002
Apr ’24UK£2.67
UK£3.68
+37.8%
41.6%UK£5.21UK£2.15UK£2.652
Mar ’24UK£2.51
UK£3.68
+46.6%
41.6%UK£5.21UK£2.15UK£2.392
Feb ’24UK£2.62
UK£3.68
+40.5%
41.6%UK£5.21UK£2.15UK£2.752
Jan ’24UK£2.49
UK£3.68
+47.8%
41.6%UK£5.21UK£2.15UK£2.522
Dec ’23UK£2.32
UK£3.68
+58.6%
41.6%UK£5.21UK£2.15UK£2.252
Nov ’23UK£2.29
UK£4.86
+112.0%
7.3%UK£5.21UK£4.50UK£2.492

Analyst Forecast: Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine statistical confidence in agreement.

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