Jones Lang LaSalle Incorporated (NYSE:JLL) is a stock with outstanding fundamental characteristics. When we build an investment case, we need to look at the stock with a holistic perspective. In the case of JLL, it is a company with great financial health as well as a a great track record of performance. In the following section, I expand a bit more on these key aspects. For those interested in understanding where the figures come from and want to see the analysis, take a look at the report on Jones Lang LaSalle here.
Excellent balance sheet with proven track record
In the previous year, JLL has ramped up its bottom line by 75%, with its latest earnings level surpassing its average level over the last five years. Not only did JLL outperformed its past performance, its growth also exceeded the Real Estate industry expansion, which generated a -5.2% earnings growth. This paints a buoyant picture for the company. JLL is financially robust, with ample cash on hand and short-term investments to meet upcoming liabilities. This indicates that JLL has sufficient cash flows and proper cash management in place, which is a crucial insight into the health of the company. JLL seems to have put its debt to good use, generating operating cash levels of 0.6x total debt in the most recent year. This is also a good indication as to whether debt is properly covered by the company’s cash flows.
For Jones Lang LaSalle, I’ve put together three essential aspects you should further examine:
- Future Outlook: What are well-informed industry analysts predicting for JLL’s future growth? Take a look at our free research report of analyst consensus for JLL’s outlook.
- Valuation: What is JLL worth today? Is the stock undervalued, even when its growth outlook is factored into its intrinsic value? The intrinsic value infographic in our free research report helps visualize whether JLL is currently mispriced by the market.
- Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of JLL? Explore our interactive list of stocks with large potential to get an idea of what else is out there you may be missing!
We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.
If you spot an error that warrants correction, please contact the editor at firstname.lastname@example.org. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.