LAND Stock Overview
At Landsec, we build and invest in buildings, spaces and partnerships to create sustainable places, connect communities and realise potential.
Land Securities Group Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||UK£7.89|
|52 Week High||UK£8.22|
|52 Week Low||UK£6.00|
|1 Month Change||4.56%|
|3 Month Change||15.93%|
|1 Year Change||24.36%|
|3 Year Change||-7.59%|
|5 Year Change||-25.45%|
|Change since IPO||-4.40%|
Recent News & Updates
|LAND||GB REITs||GB Market|
Return vs Industry: LAND matched the UK REITs industry which returned 23.8% over the past year.
Return vs Market: LAND exceeded the UK Market which returned 8.7% over the past year.
|LAND Average Weekly Movement||2.9%|
|REITs Industry Average Movement||2.6%|
|Market Average Movement||5.0%|
|10% most volatile stocks in GB Market||10.8%|
|10% least volatile stocks in GB Market||2.5%|
Stable Share Price: LAND is less volatile than 75% of UK stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: LAND's weekly volatility (3%) has been stable over the past year.
About the Company
At Landsec, we build and invest in buildings, spaces and partnerships to create sustainable places, connect communities and realise potential. We are one of the largest real estate companies in Europe, with a £11 billion portfolio of retail, leisure, workspace and residential hubs. Landsec is shaping a better future by leading our industry on environmental and social sustainability while delivering value for our shareholders, great experiences for our guests and positive change for our communities.
Land Securities Group Fundamentals Summary
|LAND fundamental statistics|
Is LAND overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|LAND income statement (TTM)|
|Cost of Revenue||UK£239.00m|
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.38|
|Net Profit Margin||-45.43%|
How did LAND perform over the long term?See historical performance and comparison
3.4%Current Dividend Yield
Is Land Securities Group undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: LAND (£7.89) is trading below our estimate of fair value (£12.67)
Significantly Below Fair Value: LAND is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: LAND is unprofitable, so we can't compare its PE Ratio to the UK REITs industry average.
PE vs Market: LAND is unprofitable, so we can't compare its PE Ratio to the UK market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate LAND's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: LAND is good value based on its PB Ratio (0.8x) compared to the GB REITs industry average (0.9x).
How is Land Securities Group forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: LAND is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.9%).
Earnings vs Market: LAND is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: LAND's is expected to become profitable in the next 3 years.
Revenue vs Market: LAND's revenue (2.5% per year) is forecast to grow slower than the UK market (4.9% per year).
High Growth Revenue: LAND's revenue (2.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: LAND's Return on Equity is forecast to be low in 3 years time (4.7%).
How has Land Securities Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: LAND is currently unprofitable.
Growing Profit Margin: LAND is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: LAND is unprofitable, and losses have increased over the past 5 years at a rate of 67.7% per year.
Accelerating Growth: Unable to compare LAND's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: LAND is unprofitable, making it difficult to compare its past year earnings growth to the REITs industry (150.1%).
Return on Equity
High ROE: LAND has a negative Return on Equity (-3.81%), as it is currently unprofitable.
How is Land Securities Group's financial position?
Financial Position Analysis
Short Term Liabilities: LAND's short term assets (£456.0M) do not cover its short term liabilities (£1.0B).
Long Term Liabilities: LAND's short term assets (£456.0M) do not cover its long term liabilities (£2.8B).
Debt to Equity History and Analysis
Debt Level: LAND's net debt to equity ratio (47.1%) is considered high.
Reducing Debt: LAND's debt to equity ratio has increased from 25.9% to 47.5% over the past 5 years.
Debt Coverage: LAND's debt is not well covered by operating cash flow (8.7%).
Interest Coverage: LAND's interest payments on its debt are well covered by EBIT (6.9x coverage).
What is Land Securities Group current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: LAND's dividend (3.42%) is higher than the bottom 25% of dividend payers in the UK market (1.37%).
High Dividend: LAND's dividend (3.42%) is low compared to the top 25% of dividend payers in the UK market (4.04%).
Stability and Growth of Payments
Stable Dividend: LAND's dividend payments have been volatile in the past 10 years.
Growing Dividend: LAND's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (65.8%), LAND's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: LAND's dividends in 3 years are forecast to be covered by earnings (76.3% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mark Allan (49 yo)
Mr. Mark Christopher Allan serveds as CEO & Executive Director at Land Securities Group Plc since April 14, 2020. He had been Chief Executive Officer and Director at St Modwen Properties since December 1,...
CEO Compensation Analysis
Compensation vs Market: Mark's total compensation ($USD3.96M) is above average for companies of similar size in the UK market ($USD2.24M).
Compensation vs Earnings: Insufficient data to compare Mark's compensation with company performance.
Experienced Management: LAND's management team is seasoned and experienced (7.6 years average tenure).
Experienced Board: LAND's board of directors are considered experienced (3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Land Securities Group plc's employee growth, exchange listings and data sources
- Name: Land Securities Group plc
- Ticker: LAND
- Exchange: LSE
- Founded: 1944
- Industry: Diversified REITs
- Sector: Real Estate
- Implied Market Cap: UK£5.839b
- Shares outstanding: 740.25m
- Website: https://www.landsec.com
Number of Employees
- Land Securities Group plc
- 100 Victoria Street
- East Lothian
- SW1E 5JL
- United Kingdom
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/01/21 21:17|
|End of Day Share Price||2022/01/21 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.