Lamar Advertising Company

NasdaqGS:LAMR Stock Report

Market Cap: US$13.1b

Lamar Advertising Valuation

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

Below Fair Value: LAMR ($127.54) is trading below our estimate of fair value ($275.2)

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


Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for LAMR. This is calculated by dividing LAMR's market cap by their current earnings.
What is LAMR's PE Ratio?
PE Ratio25.5x
EarningsUS$511.79m
Market CapUS$13.07b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for LAMR vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average15.6x
GLPI Gaming and Leisure Properties
17.8x4.7%US$14.2b
EPR EPR Properties
19.1x5.9%US$3.4b
OUT OUTFRONT Media
13.5x-21.5%US$3.1b
VICI VICI Properties
12x2.1%US$34.0b
LAMR Lamar Advertising
25.5x10.1%US$13.1b

Price-To-Earnings vs Peers: LAMR is expensive based on its Price-To-Earnings Ratio (25.5x) compared to the peer average (15.6x).


Price to Earnings Ratio vs Industry

How does LAMR's PE Ratio compare vs other companies in the US Specialized REITs Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No more companies available in this PE range
LAMR 25.5xIndustry Avg. 28.3xNo. of Companies4PE01632486480+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: LAMR is good value based on its Price-To-Earnings Ratio (25.5x) compared to the US Specialized REITs industry average (28.4x).


Price to Earnings Ratio vs Fair Ratio

What is LAMR'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.

LAMR PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio25.5x
Fair PE Ratio38.8x

Price-To-Earnings vs Fair Ratio: LAMR is good value based on its Price-To-Earnings Ratio (25.5x) compared to the estimated Fair Price-To-Earnings Ratio (38.8x).


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 LAMR forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$127.54
US$134.00
+5.1%
10.3%US$160.00US$122.00n/a5
Nov ’25US$131.25
US$129.20
-1.6%
5.6%US$142.00US$122.00n/a5
Oct ’25US$131.79
US$128.80
-2.3%
5.0%US$140.00US$122.00n/a5
Sep ’25US$125.78
US$128.00
+1.8%
5.5%US$140.00US$122.00n/a4
Aug ’25US$119.00
US$125.75
+5.7%
4.4%US$135.00US$121.00n/a4
Jul ’25US$117.98
US$121.33
+2.8%
2.7%US$125.00US$117.00n/a3
Jun ’25US$118.11
US$119.67
+1.3%
1.7%US$122.00US$117.00n/a3
May ’25US$117.50
US$116.33
-1.0%
4.2%US$122.00US$110.00n/a3
Apr ’25US$116.09
US$113.67
-2.1%
5.2%US$122.00US$109.00n/a3
Mar ’25US$111.37
US$113.67
+2.1%
5.2%US$122.00US$109.00n/a3
Feb ’25US$106.39
US$103.00
-3.2%
8.0%US$112.00US$92.00n/a3
Jan ’25US$106.28
US$103.00
-3.1%
8.0%US$112.00US$92.00n/a3
Dec ’24US$104.22
US$99.67
-4.4%
8.8%US$112.00US$92.00n/a3
Nov ’24US$81.99
US$99.00
+20.7%
9.5%US$112.00US$90.00US$131.253
Oct ’24US$83.47
US$100.67
+20.6%
8.9%US$112.00US$90.00US$131.793
Sep ’24US$91.48
US$100.67
+10.0%
8.9%US$112.00US$90.00US$125.783
Aug ’24US$98.89
US$108.00
+9.2%
6.0%US$116.00US$100.00US$119.003
Jul ’24US$99.25
US$108.00
+8.8%
6.0%US$116.00US$100.00US$117.983
Jun ’24US$91.51
US$108.00
+18.0%
6.0%US$116.00US$100.00US$118.113
May ’24US$105.39
US$110.33
+4.7%
4.1%US$116.00US$105.00US$117.503
Apr ’24US$99.89
US$112.00
+12.1%
2.5%US$116.00US$110.00US$116.093
Mar ’24US$104.42
US$112.00
+7.3%
2.5%US$116.00US$110.00US$111.373
Feb ’24US$106.71
US$106.00
-0.7%
4.1%US$110.00US$100.00US$106.393
Jan ’24US$94.40
US$106.00
+12.3%
4.1%US$110.00US$100.00US$106.283
Dec ’23US$100.11
US$106.00
+5.9%
4.1%US$110.00US$100.00US$104.223
Nov ’23US$93.56
US$110.67
+18.3%
2.3%US$114.00US$108.00US$81.993

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


Discover undervalued companies