NYSE:JLL

Stock Analysis Report

Executive Summary

Jones Lang LaSalle Incorporated, a professional services company, provides commercial real estate and investment management services worldwide.

Snowflake

Fundamentals

Proven track record with adequate balance sheet.


Similar Companies

Share Price & News

How has Jones Lang LaSalle's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

3.3%

NYSE:JLL

2.1%

US Real Estate

1.3%

US Market


1 Year Return

-3.1%

NYSE:JLL

-4.1%

US Real Estate

2.0%

US Market

JLL outperformed the Real Estate industry which returned -4.8% over the past year.

JLL underperformed the Market in United States of America which returned 1.7% over the past year.


Share holder returns

JLLIndustryMarket
7 Day3.3%2.1%1.3%
30 Day6.9%5.4%3.9%
90 Day6.2%6.9%3.4%
1 Year-2.5%-3.1%-3.2%-4.1%4.2%2.0%
3 Year27.4%25.2%28.9%25.3%47.2%37.6%
5 Year12.5%9.7%11.2%7.2%60.5%42.9%

Price Volatility Vs. Market

How volatile is Jones Lang LaSalle's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Jones Lang LaSalle undervalued based on future cash flows and its price relative to the stock market?

18%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Jones Lang LaSalle's share price is below the future cash flow value, but not at a moderate discount (< 20%).

Jones Lang LaSalle's share price is below the future cash flow value, but not at a substantial discount (< 40%).


Price Based on Earnings

Jones Lang LaSalle is good value based on earnings compared to the US Real Estate industry average.

Jones Lang LaSalle is good value based on earnings compared to the United States of America market.


Price Based on Expected Growth

Jones Lang LaSalle is poor value based on expected growth next year.


Price Based on Value of Assets

Jones Lang LaSalle is overvalued based on assets compared to the US Real Estate industry average.


Next Steps

Future Growth

How is Jones Lang LaSalle expected to perform in the next 1 to 3 years based on estimates from 6 analysts?

13.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Jones Lang LaSalle's revenue is expected to grow by 6.6% yearly, however this is not considered high growth (20% yearly).

Jones Lang LaSalle's earnings are expected to grow by 13.5% yearly, however this is not considered high growth (20% yearly).

Jones Lang LaSalle's revenue growth is positive but not above the United States of America market average.

Jones Lang LaSalle's earnings growth is positive but not above the United States of America market average.

Jones Lang LaSalle's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Jones Lang LaSalle is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).


Next Steps

Past Performance

How has Jones Lang LaSalle performed over the past 5 years?

1.0%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Jones Lang LaSalle's year on year earnings growth rate has been positive over the past 5 years.

Jones Lang LaSalle's 1-year earnings growth exceeds its 5-year average (45% vs 1%)

Jones Lang LaSalle's earnings growth has exceeded the US Real Estate industry average in the past year (45% vs -20%).


Return on Equity

Jones Lang LaSalle has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Jones Lang LaSalle used its assets more efficiently than the US Real Estate industry average last year based on Return on Assets.


Return on Capital Employed

Jones Lang LaSalle's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Jones Lang LaSalle's financial position?


Financial Position Analysis

Jones Lang LaSalle is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Jones Lang LaSalle's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Jones Lang LaSalle's level of debt (42.7%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has increased over the past 5 years (34.2% vs 42.7% today).

Debt is well covered by operating cash flow (23.5%, greater than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 16.8x coverage).


Balance Sheet

Low level of unsold assets.

Debt is covered by short term assets, assets are 3x debt.


Next Steps

Dividend

What is Jones Lang LaSalle's current dividend yield, its reliability and sustainability?

0.64%

Expected Dividend Yield


Dividend Yield and Payments Analysis

Jones Lang LaSalle's pays a lower dividend yield than the bottom 25% of dividend payers in United States of America (1.45%).

Jones Lang LaSalle's dividend is below the markets top 25% of dividend payers in United States of America (3.67%).

Jones Lang LaSalle is not paying a notable dividend for United States of America, therefore no need to check if the payments are stable.

Jones Lang LaSalle is not paying a notable dividend for United States of America, therefore no need to check if the payments are increasing.


Current Payout to Shareholders

No need to calculate the sustainability of Jones Lang LaSalle's dividends as it is not paying a notable one for United States of America.


Future Payout to Shareholders

No need to calculate the sustainability of Jones Lang LaSalle's dividends in 3 years as they are not expected to pay a notable one for United States of America.


Next Steps

Management

What is the CEO of Jones Lang LaSalle's salary, the management and board of directors tenure and is there insider trading?

2.9yrs

Average management tenure


CEO

Christian Ulbrich (53yo)

2.9yrs

Tenure

US$9,548,082

Compensation

Mr. Christian Ulbrich has been the Chair of Global Executive Board and Chief Executive Officer at Jones Lang LaSalle Incorporated since October 1, 2016 and as its President since June 01, 2016. Mr. Ulbrich ...


CEO Compensation Analysis

Christian's remuneration is higher than average for companies of similar size in United States of America.

Christian's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

2.9yrs

Average Tenure

53yo

Average Age

The tenure for the Jones Lang LaSalle management team is about average.


Board Age and Tenure

6.4yrs

Average Tenure

61yo

Average Age

The tenure for the Jones Lang LaSalle board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Jeff Jacobson (57yo)

    CEO of LaSalle Investment Management & Member of Global Executive Board

    • Tenure: 0yrs
    • Compensation: US$6.30m
  • Neil Murray (43yo)

    Global CEO of Corporate Solutions & Member of Global Executive Board

    • Tenure: 0.3yrs
  • Greg O'Brien (57yo)

    CEO of Americas Business Segment & Member of Global Executive Board

    • Tenure: 5.7yrs
    • Compensation: US$6.14m
  • Christian Ulbrich (53yo)

    Chairman of Global Executive Board

    • Tenure: 2.9yrs
    • Compensation: US$9.55m
  • Guy Grainger (51yo)

    CEO of EMEA Business Segment & Member of Global Executive Board

    • Tenure: 0yrs
  • Trish Maxson (60yo)

    Chief Administrative Officer & Member of Global Executive Board

    • Tenure: 0yrs
    • Compensation: US$1.77m
  • Anthony Couse (53yo)

    CEO of Asia Pacific & Member of Global Executive Board

    • Tenure: 0yrs
    • Compensation: US$3.51m
  • Richard Bloxam (47yo)

    Global CEO of Capital Markets & Member of Global Executive Board

    • Tenure: 0yrs
    • Compensation: US$4.28m
  • Stephanie Plaines (52yo)

    Global CFO & Member of Global Executive Board

    • Tenure: 0.5yrs
  • Greg O’Brien

    Chief Executive Officer of Americas & Member of Global Executive Board

    • Tenure: 5.7yrs

Board Members

  • Ming Lu (61yo)

    Director

    • Tenure: 10.3yrs
    • Compensation: US$238.18k
  • Sheila Penrose (73yo)

    Chairman & Lead Independent Director

    • Tenure: 14.7yrs
    • Compensation: US$412.19k
  • Bridget Macaskill (71yo)

    Director

    • Tenure: 3.2yrs
    • Compensation: US$236.35k
  • Sam Di Piazza (68yo)

    Director

    • Tenure: 4.3yrs
    • Compensation: US$238.24k
  • Peter Riguardi

    Chairman & President of New York Tri-state Region

    • Tenure: 0yrs
  • Arthur De Haast (61yo)

    Chairman of Capital Markets Board

    • Tenure: 0yrs
  • Ann Petach (58yo)

    Director

    • Tenure: 4.3yrs
    • Compensation: US$251.38k
  • Hugo Bagué (58yo)

    Independent Director

    • Tenure: 8.5yrs
    • Compensation: US$254.55k
  • Christian Ulbrich (53yo)

    Chairman of Global Executive Board

    • Tenure: 2.9yrs
    • Compensation: US$9.55m
  • Marty Nesbitt (57yo)

    Director

    • Tenure: 8.5yrs
    • Compensation: US$236.38k

Company Information

Jones Lang LaSalle Incorporated's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Jones Lang LaSalle Incorporated
  • Ticker: JLL
  • Exchange: NYSE
  • Founded: 1997
  • Industry: Real Estate Services
  • Sector: Real Estate
  • Market Cap: US$7.315b
  • Shares outstanding: 51.52m
  • Website: https://www.us.jll.com

Number of Employees


Location

  • Jones Lang LaSalle Incorporated
  • 200 East Randolph Drive
  • Chicago
  • Illinois
  • 60601
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
JLLNYSE (New York Stock Exchange)YesCommon StockUSUSDJul 1997
4J2DB (Deutsche Boerse AG)YesCommon StockDEEURJul 1997
0JPBLSE (London Stock Exchange)YesCommon StockGBUSDJul 1997

Biography

Jones Lang LaSalle Incorporated, a professional services company, provides commercial real estate and investment management services worldwide. It offers a range of real estate services, including agency l ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/15 23:38
End of Day Share Price2019/09/13 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.