LSL Property Services plc

LSE:LSL Stock Report

Market Cap: UK£294.1m

LSL Property Services Valuation

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

Below Fair Value: LSL (£2.87) is trading below our estimate of fair value (£6.36)

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

Key Valuation Metric

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

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

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

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for LSL 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
LSL LSL Property Services
22.9x28.2%UK£294.1m

Price-To-Earnings vs Peers: LSL 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 LSL's PE Ratio compare vs other companies in the European Real Estate Industry?

23 CompaniesPrice / EarningsEstimated GrowthMarket Cap
LSL 22.9xIndustry Avg. 18.0xNo. of Companies33PE01224364860+
23 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: LSL 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 LSL'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.

LSL PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio22.9x
Fair PE Ratio22.5x

Price-To-Earnings vs Fair Ratio: LSL is expensive based on its Price-To-Earnings Ratio (22.9x) compared to the estimated Fair Price-To-Earnings Ratio (22.5x).

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 LSL forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUK£2.87
UK£3.94
+37.3%
8.6%UK£4.28UK£3.60n/a2
Nov ’25UK£3.01
UK£3.94
+30.9%
8.6%UK£4.28UK£3.60n/a2
Oct ’25UK£3.01
UK£3.94
+30.9%
8.6%UK£4.28UK£3.60n/a2
Sep ’25UK£3.38
UK£3.69
+9.2%
16.0%UK£4.28UK£3.10n/a2
Aug ’25UK£3.41
UK£3.69
+8.2%
16.0%UK£4.28UK£3.10n/a2
Jul ’25UK£3.27
UK£3.69
+12.8%
16.0%UK£4.28UK£3.10n/a2
Jun ’25UK£3.20
UK£3.69
+15.3%
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£2.66
UK£3.24
+21.6%
11.9%UK£3.62UK£2.85n/a2
Mar ’25UK£2.32
UK£3.06
+31.9%
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£2.58
UK£3.06
+18.6%
18.3%UK£3.62UK£2.50n/a2
Dec ’24UK£2.27
UK£3.06
+34.8%
18.3%UK£3.62UK£2.50n/a2
Nov ’24UK£2.45
UK£3.06
+24.9%
18.3%UK£3.62UK£2.50UK£3.012
Oct ’24UK£2.60
UK£3.06
+17.7%
18.3%UK£3.62UK£2.50UK£3.012
Sep ’24UK£2.42
UK£2.81
+16.1%
28.8%UK£3.62UK£2.00UK£3.382
Aug ’24UK£2.82
UK£2.89
+2.3%
25.5%UK£3.62UK£2.15UK£3.412
Jul ’24UK£2.80
UK£2.89
+3.0%
25.5%UK£3.62UK£2.15UK£3.272
Jun ’24UK£2.52
UK£3.08
+22.0%
30.1%UK£4.00UK£2.15UK£3.202
May ’24UK£2.71
UK£3.08
+13.5%
30.1%UK£4.00UK£2.15UK£3.002
Apr ’24UK£2.72
UK£3.68
+35.3%
41.6%UK£5.21UK£2.15UK£2.662
Mar ’24UK£2.45
UK£3.68
+50.2%
41.6%UK£5.21UK£2.15UK£2.322
Feb ’24UK£2.68
UK£3.68
+37.3%
41.6%UK£5.21UK£2.15UK£2.752
Jan ’24UK£2.50
UK£3.68
+47.2%
41.6%UK£5.21UK£2.15UK£2.582
Dec ’23UK£2.38
UK£3.68
+54.6%
41.6%UK£5.21UK£2.15UK£2.272
Nov ’23UK£2.29
UK£4.86
+112.0%
7.3%UK£5.21UK£4.50UK£2.452

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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