Lendlease Group provides property and infrastructure solutions in Australia, Asia, Europe, and the Americas.
+ 2 more risks
Established dividend payer with imperfect balance sheet.
Share Price & News
How has Lendlease Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: LLES.Y'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: LLES.Y exceeded the US Real Estate industry which returned -10.5% over the past year.
Return vs Market: LLES.Y underperformed the US Market which returned 8.9% over the past year.
Price Volatility Vs. Market
How volatile is Lendlease Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Lendlease Group undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: LLES.Y ($8.99) is trading above our estimate of fair value ($3.26)
Significantly Below Fair Value: LLES.Y is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: LLES.Y is poor value based on its PE Ratio (17.4x) compared to the Real Estate industry average (16.1x).
PE vs Market: LLES.Y is poor value based on its PE Ratio (17.4x) compared to the US market (16.4x).
Price to Earnings Growth Ratio
PEG Ratio: LLES.Y is poor value based on its PEG Ratio (1.3x)
Price to Book Ratio
PB vs Industry: LLES.Y is overvalued based on its PB Ratio (1.1x) compared to the US Real Estate industry average (1.1x).
How is Lendlease Group forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: LLES.Y's forecast earnings growth (13.3% per year) is above the savings rate (2.2%).
Earnings vs Market: LLES.Y's earnings (13.3% per year) are forecast to grow slower than the US market (22.3% per year).
High Growth Earnings: LLES.Y's earnings are forecast to grow, but not significantly.
Revenue vs Market: LLES.Y's revenue (0.1% per year) is forecast to grow slower than the US market (8.8% per year).
High Growth Revenue: LLES.Y's revenue (0.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: LLES.Y's Return on Equity is forecast to be low in 3 years time (8.8%).
How has Lendlease Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: LLES.Y has a large one-off gain of A$311.0M impacting its December 31 2019 financial results.
Growing Profit Margin: LLES.Y's current net profit margins (2.6%) are lower than last year (5.1%).
Past Earnings Growth Analysis
Earnings Trend: LLES.Y's earnings have declined by -4.7% per year over the past 5 years.
Accelerating Growth: LLES.Y's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: LLES.Y had negative earnings growth (-41.9%) over the past year, making it difficult to compare to the Real Estate industry average (-6.4%).
Return on Equity
High ROE: LLES.Y's Return on Equity (6.5%) is considered low.
How is Lendlease Group's financial position?
Financial Position Analysis
Short Term Liabilities: LLES.Y's short term assets (A$6.2B) exceed its short term liabilities (A$6.0B).
Long Term Liabilities: LLES.Y's short term assets (A$6.2B) exceed its long term liabilities (A$5.5B).
Debt to Equity History and Analysis
Debt Level: LLES.Y's debt to equity ratio (52.1%) is considered high.
Reducing Debt: LLES.Y's debt to equity ratio has increased from 50.9% to 52.1% over the past 5 years.
Debt Coverage: LLES.Y's debt is not well covered by operating cash flow (15.5%).
Interest Coverage: LLES.Y's interest payments on its debt are not well covered by EBIT (1.5x coverage).
What is Lendlease Group's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: LLES.Y's dividend (4.59%) is higher than the bottom 25% of dividend payers in the US market (1.62%).
High Dividend: LLES.Y's dividend (4.59%) is in the top 25% of dividend payers in the US market (4.32%)
Stability and Growth of Payments
Stable Dividend: LLES.Y's dividend payments have been volatile in the past 10 years.
Growing Dividend: LLES.Y's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (79.9%), LLES.Y's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: LLES.Y's dividends in 3 years are forecast to be well covered by earnings (47.5% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Steve McCann (54yo)
Mr. Stephen B. McCann, also known as Steve, has been Group Chief Executive Officer of LendLease Group (alternate name: Lend Lease Corporation Limited) since December 16, 2008 and has been its Group Managin ...
CEO Compensation Analysis
Compensation vs Market: Steve's total compensation ($USD3.79M) is below average for companies of similar size in the US market ($USD7.17M).
Compensation vs Earnings: Steve's compensation has been consistent with company performance over the past year.
|Group CEO||11.5yrs||AU$5.46m||0.13% A$7.9m|
|Group Chief Financial Officer||4.08yrs||AU$2.70m||0.018% A$1.1m|
|Chief Executive Officer of Asia||4.08yrs||AU$2.69m||0.017% A$1.0m|
|Group Chief Commercial and Risk Officer||2.42yrs||AU$2.46m||0.0075% A$468.5k|
|Chief Executive Officer of Americas||6.42yrs||AU$3.19m||0.0057% A$355.6k|
|Chief Executive Officer of Property Australia||4.08yrs||AU$2.57m||0.0094% A$587.0k|
|Group Head of Engineering & Building||2.08yrs||AU$2.87m||0.0022% A$134.8k|
|Head of Investor Relations||4.42yrs||no data||no data|
|Group General Counsel||7.42yrs||no data||no data|
|Director of Corporate Communications||no data||no data||no data|
Experienced Management: LLES.Y's management team is considered experienced (4.1 years average tenure).
|Group CEO||11.5yrs||AU$5.46m||0.13% A$7.9m|
|Independent Non-Executive Director||2.33yrs||AU$277.00k||0.0076% A$474.1k|
|Independent Non-Executive Director||8.17yrs||AU$313.00k||0.0023% A$142.2k|
|Independent Non-Executive Director||3.42yrs||AU$313.00k||0.0028% A$172.2k|
|Independent Non Executive Chairman of the Board||1.58yrs||AU$552.00k||0.015% A$948.2k|
|Independent Non-Executive Director||4.25yrs||AU$301.00k||0.0091% A$568.9k|
|Independent Non-Executive Director||1.25yrs||no data||0.0011% A$66.1k|
|Independent Non-Executive Director||8.75yrs||AU$301.00k||0.0030% A$189.6k|
|Independent Non-Executive Director||6.75yrs||AU$295.00k||0.0047% A$293.8k|
|Independent Non Executive Director||1.25yrs||no data||no data|
Experienced Board: LLES.Y's board of directors are considered experienced (3.8 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.
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 22%.
Lendlease Group's company bio, employee growth, exchange listings and data sources
- Name: Lendlease Group
- Ticker: LLES.Y
- Exchange: OTCPK
- Founded: 1958
- Industry: Diversified Real Estate Activities
- Sector: Real Estate
- Market Cap: AU$8.930b
- Listing Market Cap: AU$6.238b
- Shares outstanding: 684.27m
- Website: https://www.lendlease.com
Number of Employees
- Lendlease Group
- Tower Three, International Towers Sydney
- Level 14
- New South Wales
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|LLES.F||OTCPK (Pink Sheets LLC)||Yes||Stapled Securities||US||USD||Jan 1989|
|LLC||ASX (Australian Securities Exchange)||Yes||Stapled Securities||AU||AUD||Jan 1989|
|LLC||DB (Deutsche Boerse AG)||Yes||Stapled Securities||DE||EUR||Jan 1989|
|LLC||CHIA (Chi-X Australia)||Yes||Stapled Securities||AU||AUD||Jan 1989|
|LLES.Y||OTCPK (Pink Sheets LLC)||SPONSORED ADR||US||USD||Feb 2003|
Lendlease Group provides property and infrastructure solutions in Australia, Asia, Europe, and the Americas. The company operates through Development, Construction, and Investments segments. The Development segment develops communities, inner city mixed use developments, apartments, retirement, retail, commercial assets, and social and economic infrastructure. The Construction segment provides project management, design, and construction services primarily in the infrastructure, defense, mixed use, commercial, and residential sectors. The Investments segment owns and/or manages investments, including property and infrastructure co-investments, retirement livings, and the U.S. military housings. Lendlease Group was founded in 1958 and is headquartered in Barangaroo, Australia.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/06/06 02:46|
|End of Day Share Price||2020/06/05 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.