Lead Real Estate Valuation

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

Below Fair Value: LRE ($2.33) is trading below our estimate of fair value ($4.46)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for LRE. This is calculated by dividing LRE's market cap by their current earnings.
What is LRE's PE Ratio?
PE Ratio	7.8x
Earnings	JP¥626.96m
Market Cap	JP¥4.66b

LRE key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	0.8x
Enterprise Value/EBITDA	14.4x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for LRE vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	23x
NOBH Nobility Homes	12.2x	n/a	US$98.2m
SPHL Springview Holdings	52.6x	n/a	US$98.9m
LSEA Landsea Homes	15.6x	41.7%	US$424.5m
LEGH Legacy Housing	11.5x	8.2%	US$641.2m
LRE Lead Real Estate	7.8x	n/a	US$30.4m

Price-To-Earnings vs Peers: LRE is good value based on its Price-To-Earnings Ratio (7.8x) compared to the peer average (23x).

Price to Earnings Ratio vs Industry

How does LRE's PE Ratio compare vs other companies in the US Consumer Durables Industry?

0 Companies	Price / Earnings	Estimated Growth	Market Cap

No more companies available in this PE range

0 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: LRE is good value based on its Price-To-Earnings Ratio (7.8x) compared to the US Consumer Durables industry average (11.8x).

Price to Earnings Ratio vs Fair Ratio

What is LRE'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.

LRE PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	7.8x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate LRE'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?

Analyst Forecast: Insufficient data to show price forecast.