NYSE:LEJU

Stock Analysis Report

Executive Summary

Leju Holdings Limited, through its subsidiaries, provides online to offline (O2O) real estate services in the People's Republic of China.


Snowflake Analysis

Flawless balance sheet with reasonable growth potential.


Similar Companies

Share Price & News

How has Leju Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: LEJU's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-3.5%

LEJU

-0.5%

US Online Retail

-2.8%

US Market


1 Year Return

-0.6%

LEJU

-0.9%

US Online Retail

-15.9%

US Market

Return vs Industry: LEJU matched the US Online Retail industry which returned -0.9% over the past year.

Return vs Market: LEJU exceeded the US Market which returned -15.9% over the past year.


Shareholder returns

LEJUIndustryMarket
7 Day-3.5%-0.5%-2.8%
30 Day-9.6%-6.2%-18.8%
90 Day-16.7%-7.6%-24.0%
1 Year-0.6%-0.6%-0.8%-0.9%-14.2%-15.9%
3 Year-46.5%-46.5%70.0%69.8%9.9%2.8%
5 Year-80.7%-80.7%166.8%155.3%27.2%13.3%

Price Volatility Vs. Market

How volatile is Leju Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Leju Holdings undervalued compared to its fair value and its price relative to the market?

27.18x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate LEJU's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate LEJU's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: LEJU is poor value based on its PE Ratio (27.2x) compared to the Online Retail industry average (21.1x).

PE vs Market: LEJU is poor value based on its PE Ratio (27.2x) compared to the US market (12.2x).


Price to Earnings Growth Ratio

PEG Ratio: LEJU is good value based on its PEG Ratio (0.5x)


Price to Book Ratio

PB vs Industry: LEJU is good value based on its PB Ratio (0.9x) compared to the US Online Retail industry average (2.1x).


Next Steps

Future Growth

How is Leju Holdings forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

49.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: LEJU's forecast earnings growth (49.9% per year) is above the savings rate (1.7%).

Earnings vs Market: LEJU's earnings (49.9% per year) are forecast to grow faster than the US market (13.4% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: LEJU's revenue (14.6% per year) is forecast to grow faster than the US market (7% per year).

High Growth Revenue: LEJU's revenue (14.6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if LEJU's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Leju Holdings performed over the past 5 years?

-45.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: LEJU has high quality earnings.

Growing Profit Margin: LEJU became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: LEJU has become profitable over the past 5 years, growing earnings by -45.5% per year.

Accelerating Growth: LEJU has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: LEJU has become profitable in the last year, making it difficult to compare its past year earnings growth to the Online Retail industry (18.4%).


Return on Equity

High ROE: LEJU's Return on Equity (3.9%) is considered low.


Next Steps

Financial Health

How is Leju Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: LEJU's short term assets ($361.1M) exceed its short term liabilities ($235.7M).

Long Term Liabilities: LEJU's short term assets ($361.1M) exceed its long term liabilities ($37.1M).


Debt to Equity History and Analysis

Debt Level: LEJU is debt free.

Reducing Debt: LEJU has not had any debt for past 5 years.


Balance Sheet

Inventory Level: LEJU has a low level of unsold assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if LEJU's debt is covered by short term assets.


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: LEJU is profitable, therefore cash runway is not a concern.

Forecast Cash Runway: Insufficient data to determine if LEJU has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

What is Leju Holdings's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate LEJU's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate LEJU's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if LEJU's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if LEJU's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: LEJU is not paying a notable dividend for the US market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of LEJU's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.8yrs

Average management tenure


CEO

Geoffrey He (44yo)

8.58s

Tenure

Mr. Yinyu He, also known as Geoffrey has been the Chief Executive Officer of Leju Holdings Limited since September 2011. Mr. He has been Co-President of E-House (China) Holdings Limited since January 2014. ...


Leadership Team

NamePositionTenureCompensationOwnership
Xin Zhou
Executive Chairmanno datano data2.95% $6.8m
Yinyu He
Chief Executive Officer8.58yrsno datano data
Li-Lan Cheng
Acting Chief Financial Officer2.83yrsno datano data
Qiong Zuo
Chief Operating Officer2.08yrsno datano data
Annie Huang
Investor Relations Directorno datano datano data
Michelle Yuan
Deputy Chief Financial Officerno datano datano data

2.8yrs

Average Tenure

47.5yo

Average Age

Experienced Management: LEJU's management team is considered experienced (2.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Xin Zhou
Executive Chairmanno datano data2.95% $6.8m
Guowei Chao
Director6yrsno datano data
Min Fan
Independent Director6yrsno datano data
Jin Li
Independent Director6yrsno datano data
Chi Ping Lau
Director6.08yrsno datano data
Zhe Wei
Independent Director6yrsno datano data
Jian Sun
Independent Director6yrsno datano data
Canhao Huang
Director6.08yrsno datano data
Hongchao Zhu
Independent Director3.08yrsno datano data

6.0yrs

Average Tenure

53yo

Average Age

Experienced Board: LEJU's board of directors are considered experienced (6 years average tenure).


Ownership

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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Leju Holdings Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Leju Holdings Limited
  • Ticker: LEJU
  • Exchange: NYSE
  • Founded: 2013
  • Industry: Internet and Direct Marketing Retail
  • Sector: Retail
  • Market Cap: US$229.441m
  • Shares outstanding: 135.76m
  • Website: https://www.leju.com

Number of Employees


Location

  • Leju Holdings Limited
  • No. 5 Building
  • 15/F Floor
  • Beijing
  • 100022
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
LEJUNYSE (New York Stock Exchange)YesSPONSORED ADSUSUSDApr 2014
1LUADB (Deutsche Boerse AG)YesSPONSORED ADSDEEURApr 2014

Biography

Leju Holdings Limited, through its subsidiaries, provides online to offline (O2O) real estate services in the People's Republic of China. The company offers real estate e-commerce, online advertising, and online listing services through its online platform, which comprises Websites covering 377 cities and various mobile applications for the real estate and home furnishing industries. It also operates various real estate and home furnishing Websites of SINA Corporation (SINA); and official accounts on Weixin, a social communication platform and Weibo, a microblog. The company’s O2O services for new residential properties include selling discount coupons; and facilitating online property viewing, physical property visits, marketing events, and pre-sale customer support, as well as home furnishing business transactions on its platform. It also sells advertising primarily on the SINA new residential properties and home furnishing Websites; and acts as an advertising agent for the SINA home page and non-real estate Websites with respect to advertising sold to real estate developers and home furnishing suppliers. In addition, the company offers fee-based online property listing services to real estate agents; and services to individual property sellers. Leju Holdings Limited was incorporated in 2013 and is headquartered in Beijing, the People's Republic of China. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/04/05 08:09
End of Day Share Price2020/04/03 00:00
Earnings2019/09/30
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.