Jones Lang LaSalle Incorporated, a professional services company, provides commercial real estate and investment management services worldwide.
Very undervalued with excellent balance sheet.
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
Stable Share Price: JLL's share price has been volatile over the past 3 months.
7 Day Return
US Real Estate
1 Year Return
US Real Estate
Return vs Industry: JLL underperformed the US Real Estate industry which returned -43.3% over the past year.
Return vs Market: JLL underperformed the US Market which returned -15.9% over the past year.
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
4 days ago | Simply Wall StWhat Is Jones Lang LaSalle's (NYSE:JLL) P/E Ratio After Its Share Price Tanked?
2 weeks ago | Simply Wall StWhat Is Jones Lang LaSalle's (NYSE:JLL) P/E Ratio After Its Share Price Tanked?
3 weeks ago | Simply Wall StWith 10% Earnings Growth, Did Jones Lang LaSalle Incorporated (NYSE:JLL) Outperform The Industry?
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 ($86.45) is trading below our estimate of fair value ($234.66)
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 (7.9x) compared to the Real Estate industry average (17x).
PE vs Market: JLL is good value based on its PE Ratio (7.9x) compared to the US market (12.2x).
Price to Earnings Growth Ratio
PEG Ratio: JLL is good value based on its PEG Ratio (0.7x)
Price to Book Ratio
PB vs Industry: JLL is good value based on its PB Ratio (0.9x) compared to the US Real Estate industry average (1x).
How is Jones Lang LaSalle forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: JLL's forecast earnings growth (11.1% per year) is above the savings rate (1.7%).
Earnings vs Market: JLL's earnings (11.1% per year) are forecast to grow slower than the US market (13.4% per year).
High Growth Earnings: JLL's earnings are forecast to grow, but not significantly.
Revenue vs Market: JLL's revenue (5.3% per year) is forecast to grow slower than the US market (7% per year).
High Growth Revenue: JLL's revenue (5.3% 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 (12.9%).
How has Jones Lang LaSalle performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: JLL has a large one-off loss of $184.4M impacting its December 31 2019 financial results.
Growing Profit Margin: JLL's current net profit margins (5.3%) are higher than last year (5.3%).
Past Earnings Growth Analysis
Earnings Trend: JLL's earnings have grown by 2.5% per year over the past 5 years.
Accelerating Growth: JLL's earnings growth over the past year (10.4%) exceeds its 5-year average (2.5% per year).
Earnings vs Industry: JLL earnings growth over the past year (10.4%) underperformed the Real Estate industry 10.4%.
Return on Equity
High ROE: JLL's Return on Equity (10.3%) is considered low.
How is Jones Lang LaSalle's financial position?
Financial Position Analysis
Short Term Liabilities: JLL's short term assets ($5.9B) exceed its short term liabilities ($5.5B).
Long Term Liabilities: JLL's short term assets ($5.9B) exceed its long term liabilities ($3.0B).
Debt to Equity History and Analysis
Debt Level: JLL's debt to equity ratio (34.7%) is considered satisfactory.
Reducing Debt: JLL's debt to equity ratio has increased from 15.6% to 34.7% over the past 5 years.
Debt Coverage: JLL's debt is well covered by operating cash flow (26.8%).
Interest Coverage: JLL's interest payments on its debt are well covered by EBIT (15.9x coverage).
Inventory Level: JLL has a low level of unsold assets or inventory.
Debt Coverage by Assets: JLL's debt is covered by short term assets (assets are 3.2x debt).
What is Jones Lang LaSalle's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: JLL's dividend (0.99%) isn’t notable compared to the bottom 25% of dividend payers in the US market (2.07%).
High Dividend: JLL's dividend (0.99%) is low compared to the top 25% of dividend payers in the US market (5.82%).
Stability and Growth of Payments
Stable Dividend: JLL is not paying a notable dividend for the US market, therefore no need to check if payments are stable.
Growing Dividend: JLL is not paying a notable dividend for the US market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: JLL is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of JLL's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Christian Ulbrich (53yo)
Mr. Christian Ulbrich has been the Chair of Global Executive Board and Chief Executive Officer at Jones Lang LaSalle Incorporated since October 1, 2016 and as its President since June 01, 2016. Mr. Ulbrich ...
CEO Compensation Analysis
Compensation vs Market: Christian's total compensation ($USD9.55M) is above average for companies of similar size in the US market ($USD5.71M).
Compensation vs Earnings: Christian's compensation has been consistent with company performance over the past year.
|Chairman of Global Executive Board||3.5yrs||US$9.55m||0.13% $5.6m|
|CEO of LaSalle Investment Management & Member of Global Executive Board||no data||US$6.30m||0.089% $4.0m|
|Chief Administrative Officer & Member of Global Executive Board||no data||US$1.77m||0.023% $1.0m|
|CEO of Americas Business Segment & Member of Global Executive Board||6.25yrs||US$6.14m||0.054% $2.4m|
|Global CEO of Capital Markets - United Kingdom & Member of Global Executive Board||no data||US$4.28m||0.025% $1.1m|
|Global CFO & Member of Global Executive Board||1.08yrs||no data||0.00082% $36.6k|
|CEO of EMEA Business Segment & Member of Global Executive Board||no data||no data||0.013% $557.2k|
|CEO of Asia Pacific & Member of Global Executive Board||no data||US$3.51m||0.063% $2.8m|
|Global CEO of Corporate Solutions & Member of Global Executive Board||0.83yr||no data||no data|
|Chief Executive Officer of Americas & Member of Global Executive Board||6.25yrs||no data||no data|
Experienced Management: JLL's management team is considered experienced (3.5 years average tenure).
|Chairman of Global Executive Board||3.5yrs||US$9.55m||0.13% $5.6m|
|Chairman & President of New York Tri-state Region||no data||no data||no data|
|Independent Director||10.92yrs||US$238.18k||0.024% $1.1m|
|Chairman & Lead Independent Director||15.25yrs||US$412.19k||0.096% $4.3m|
|Independent Director||3.75yrs||US$236.35k||0.0050% $222.0k|
|Independent Director||4.92yrs||US$238.24k||0.016% $735.1k|
|Independent Director||4.92yrs||US$251.38k||0.0058% $258.6k|
|Independent Non-Executive Director||1.42yrs||US$90.38k||no data|
|Independent Director||9.08yrs||US$254.55k||0.030% $1.3m|
|Independent Director||9.08yrs||US$236.38k||0.0040% $177.9k|
Experienced Board: JLL's board of directors are considered experienced (4.9 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 been diluted in the past year, with total shares outstanding growing by 6.9%.
Jones Lang LaSalle Incorporated's company bio, 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$4.458b
- Shares outstanding: 51.57m
- Website: https://www.us.jll.com
Number of Employees
- Jones Lang LaSalle Incorporated
- 200 East Randolph Drive
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|JLL||NYSE (New York Stock Exchange)||Yes||Common Stock||US||USD||Jul 1997|
|4J2||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Jul 1997|
|0JPB||LSE (London Stock Exchange)||Yes||Common Stock||GB||USD||Jul 1997|
Jones Lang LaSalle Incorporated, a professional services company, provides commercial real estate and investment management services worldwide. 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; 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. In addition, the company provides investment management services to institutional and retail investors, including high-net-worth individuals. It offers its services to real estate owners, occupiers, investors, and developers for various property types, including cultural, educational, government, healthcare, laboratory, hotel, hospitality, and sports facilities; industrial and warehouse, office, and residential properties; retail and shopping malls; critical environment, data, transportation, and sort and fulfillment centers; infrastructure projects; and military housings. The company was formerly known as LaSalle Partners Incorporated and changed its name to Jones Lang LaSalle Incorporated in March 1999. Jones Lang LaSalle Incorporated was founded in 1997 and is headquartered in Chicago, Illinois.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/05 05:19|
|End of Day Share Price||2020/04/03 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.