Jones Lang LaSalle Incorporated, a professional services company, provides real estate and investment management services in America’s, Europe, the Middle East, Africa, and the Asia Pacific.
No risks detected for JLL from our risk checks.
Jones Lang LaSalle Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$253.64|
|52 Week High||US$101.39|
|52 Week Low||US$260.76|
|1 Month Change||5.09%|
|3 Month Change||32.26%|
|1 Year Change||133.04%|
|3 Year Change||90.68%|
|5 Year Change||148.52%|
|Change since IPO||780.30%|
Recent News & Updates
Jones Lang LaSalle: China Exposure And Recovery Pace Draw Attention
Jones Lang LaSalle's exposure to China's residential property market is limited, which implies that the risks linked to China Evergrande Group's debt crisis are not likely to be significant. JLL's fee revenue and operating profit have already gone above pre-pandemic levels, but the company's leasing volumes are still not as high as they were before COVID-19. The market values JLL at consensus forward FY 2021 and FY 2022 normalized P/E multiples of 16.2 times and 15.4 times, respectively.
Calculating The Fair Value Of Jones Lang LaSalle Incorporated (NYSE:JLL)
In this article we are going to estimate the intrinsic value of Jones Lang LaSalle Incorporated ( NYSE:JLL ) by taking...
Do Jones Lang LaSalle's (NYSE:JLL) Earnings Warrant Your Attention?
Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...
|JLL||US Real Estate||US Market|
Return vs Industry: JLL exceeded the US Real Estate industry which returned -11.8% over the past year.
Return vs Market: JLL exceeded the US Market which returned 27.6% over the past year.
Stable Share Price: JLL is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: JLL's weekly volatility (4%) has been stable over the past year.
About the Company
Jones Lang LaSalle Incorporated, a professional services company, provides real estate and investment management services in America’s, Europe, the Middle East, Africa, and the Asia Pacific. The company offers a range of real estate services, including agency leasing and tenant representation services; and capital market services, such as debt placement, loan sales, equity placement, loan servicing, funds advisory, merger and acquisition, corporate advisory, and investment sales and acquisitions services. It also provides on-site management services for office, industrial, retail, multifamily residential, and specialty properties; integrated facilities management services; designing, building, management, and consulting services to tenants of leased space, owners in self-occupied buildings, and owners of real estate investments; and advisory, consulting, and valuation services.
Jones Lang LaSalle Fundamentals Summary
|JLL fundamental statistics|
Is JLL overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|JLL income statement (TTM)|
|Cost of Revenue||US$2.67b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
Nov 03, 2021
|Earnings per share (EPS)||13.51|
|Net Profit Margin||7.23%|
How did JLL perform over the long term?See historical performance and comparison
Is Jones Lang LaSalle 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: JLL ($253.64) is trading below our estimate of fair value ($326.89)
Significantly Below Fair Value: JLL is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: JLL is good value based on its PE Ratio (18.8x) compared to the US Real Estate industry average (26.1x).
PE vs Market: JLL is poor value based on its PE Ratio (18.8x) compared to the US market (18.2x).
Price to Earnings Growth Ratio
PEG Ratio: JLL is poor value based on its PEG Ratio (4.7x)
Price to Book Ratio
PB vs Industry: JLL is overvalued based on its PB Ratio (2.2x) compared to the US Real Estate industry average (1.4x).
How is Jones Lang LaSalle forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: JLL's forecast earnings growth (4% per year) is above the savings rate (2%).
Earnings vs Market: JLL's earnings (4% per year) are forecast to grow slower than the US market (15.1% per year).
High Growth Earnings: JLL's earnings are forecast to grow, but not significantly.
Revenue vs Market: JLL's revenue (6.4% per year) is forecast to grow slower than the US market (9.9% per year).
High Growth Revenue: JLL's revenue (6.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: JLL's Return on Equity is forecast to be low in 3 years time (11%).
How has Jones Lang LaSalle performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: JLL has high quality earnings.
Growing Profit Margin: JLL's current net profit margins (7.2%) are higher than last year (4.3%).
Past Earnings Growth Analysis
Earnings Trend: JLL's earnings have grown by 11.1% per year over the past 5 years.
Accelerating Growth: JLL's earnings growth over the past year (61.9%) exceeds its 5-year average (11.1% per year).
Earnings vs Industry: JLL earnings growth over the past year (61.9%) underperformed the Real Estate industry 61.9%.
Return on Equity
High ROE: JLL's Return on Equity (11.7%) is considered low.
How is Jones Lang LaSalle's financial position?
Financial Position Analysis
Short Term Liabilities: JLL's short term assets ($5.3B) exceed its short term liabilities ($4.6B).
Long Term Liabilities: JLL's short term assets ($5.3B) exceed its long term liabilities ($2.9B).
Debt to Equity History and Analysis
Debt Level: JLL's debt to equity ratio (31.2%) is considered satisfactory.
Reducing Debt: JLL's debt to equity ratio has reduced from 46.6% to 31.2% over the past 5 years.
Debt Coverage: JLL's debt is well covered by operating cash flow (49.6%).
Interest Coverage: JLL's interest payments on its debt are well covered by EBIT (20.8x coverage).
What is Jones Lang LaSalle current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate JLL's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate JLL's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if JLL's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if JLL's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: JLL is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of JLL's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Christian Ulbrich (55 yo)
Mr. Christian Ulbrich has been Chief Executive Officer at Jones Lang LaSalle Incorporated since October 1, 2016 and its President since June 01, 2016. Mr. Ulbrich served as the Chief Executive Officer of E...
CEO Compensation Analysis
Compensation vs Market: Christian's total compensation ($USD8.43M) is about average for companies of similar size in the US market ($USD11.20M).
Compensation vs Earnings: Christian's compensation has been consistent with company performance over the past year.
Experienced Management: JLL's management team is considered experienced (2.1 years average tenure).
Experienced Board: JLL's board of directors are considered experienced (5.3 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.
Jones Lang LaSalle Incorporated's employee growth, exchange listings and data sources
- Name: Jones Lang LaSalle Incorporated
- Ticker: JLL
- Exchange: NYSE
- Founded: 1997
- Industry: Real Estate Services
- Sector: Real Estate
- Market Cap: US$12.860b
- Shares outstanding: 50.70m
- Website: https://www.us.jll.com
Number of Employees
- Jones Lang LaSalle Incorporated
- 200 East Randolph Drive
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/16 22:18|
|End of Day Share Price||2021/10/15 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.