Lloyds Banking Group plc

OTCPK:LLDT.F Stock Report

Market Cap: US$41.5b

Lloyds Banking Group Valuation

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

Valuation Score

4/6

Valuation Score 4/6

  • 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 LLDT.F when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: LLDT.F ($0.69) is trading below our estimate of fair value ($1.49)

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

Key Valuation Metric

Which metric is best to use when looking at relative valuation for LLDT.F?

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

The above table shows the Price to Earnings ratio for LLDT.F. This is calculated by dividing LLDT.F's market cap by their current earnings.
What is LLDT.F's PE Ratio?
PE Ratio7.4x
EarningsUK£4.45b
Market CapUK£32.94b

Price to Earnings Ratio vs Peers

How does LLDT.F's PE Ratio compare to its peers?

The above table shows the PE ratio for LLDT.F vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average15.2x
FITB Fifth Third Bancorp
15.5x8.1%US$32.1b
USB U.S. Bancorp
16.1x11.6%US$81.9b
PNC PNC Financial Services Group
17.6x12.9%US$83.4b
BAP Credicorp
11.4x11.8%US$15.7b
LLDT.F Lloyds Banking Group
7.4x4.2%US$32.9b

Price-To-Earnings vs Peers: LLDT.F is good value based on its Price-To-Earnings Ratio (7.4x) compared to the peer average (15.2x).

Price to Earnings Ratio vs Industry

How does LLDT.F's PE Ratio compare vs other companies in the US Banks Industry?

4 CompaniesPrice / EarningsEstimated GrowthMarket Cap
FRCB First Republic Bank
0.02xn/aUS$27.98m
BKGM BankGuam Holding
1xn/aUS$18.48m
SBNY Signature Bank
0.002xn/aUS$2.18m
BCBH.F Caribbean Investment Holdings
0.00001xn/aUS$132.00
No more companies available in this PE range
LLDT.F 7.4xIndustry Avg. 13.2xNo. of Companies92PE0816243240+
4 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: LLDT.F is good value based on its Price-To-Earnings Ratio (7.4x) compared to the US Banks industry average (13.2x).

Price to Earnings Ratio vs Fair Ratio

What is LLDT.F'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.

LLDT.F PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio7.4x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate LLDT.F'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 LLDT.F forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$0.69
US$0.83
+20.5%
12.7%US$1.02US$0.68n/a18
Nov ’25US$0.67
US$0.85
+27.3%
13.0%US$1.07US$0.68n/a18
Oct ’25US$0.75
US$0.84
+12.1%
10.5%US$1.04US$0.71n/a18
Sep ’25US$0.73
US$0.82
+12.1%
10.1%US$1.02US$0.70n/a18
Aug ’25US$0.76
US$0.80
+5.3%
11.2%US$1.00US$0.64n/a18
Jul ’25US$0.68
US$0.77
+13.0%
11.3%US$0.99US$0.63n/a19
Jun ’25US$0.67
US$0.77
+15.6%
11.5%US$0.99US$0.64n/a18
May ’25US$0.61
US$0.76
+23.6%
13.5%US$0.97US$0.59n/a18
Apr ’25US$0.67
US$0.74
+10.6%
14.8%US$0.97US$0.52n/a17
Mar ’25US$0.58
US$0.75
+27.5%
16.4%US$1.01US$0.52n/a19
Feb ’25US$0.53
US$0.76
+41.9%
17.6%US$1.02US$0.52n/a19
Jan ’25US$0.61
US$0.76
+23.1%
17.5%US$1.01US$0.52n/a19
Dec ’24US$0.55
US$0.76
+38.5%
19.9%US$1.02US$0.51n/a19
Nov ’24US$0.47
US$0.73
+57.7%
20.9%US$0.99US$0.48US$0.6719
Oct ’24US$0.53
US$0.74
+40.1%
20.1%US$1.02US$0.49US$0.7520
Sep ’24US$0.53
US$0.78
+46.0%
19.5%US$1.06US$0.51US$0.7321
Aug ’24US$0.61
US$0.78
+28.6%
18.8%US$1.03US$0.51US$0.7621
Jul ’24US$0.60
US$0.80
+33.7%
16.7%US$0.98US$0.53US$0.6820
Jun ’24US$0.54
US$0.79
+48.0%
13.4%US$0.96US$0.62US$0.6721
May ’24US$0.62
US$0.80
+29.8%
13.1%US$0.98US$0.62US$0.6121
Apr ’24US$0.60
US$0.79
+32.2%
13.2%US$1.00US$0.62US$0.6720
Mar ’24US$0.62
US$0.78
+26.3%
15.1%US$1.07US$0.58US$0.5821
Feb ’24US$0.65
US$0.79
+22.4%
18.6%US$1.30US$0.59US$0.5322
Jan ’24US$0.55
US$0.78
+41.6%
18.9%US$1.27US$0.58US$0.6120
Dec ’23US$0.55
US$0.77
+40.1%
19.3%US$1.27US$0.58US$0.5520
Nov ’23US$0.50
US$0.71
+43.1%
22.2%US$1.16US$0.41US$0.4720

Analyst Forecast: Target price is less than 20% higher than the current share price.

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