Financials LSL Property Services plc

Equities

LSL

GB00B1G5HX72

Real Estate Services

Market Closed - London S.E. 11:35:26 2024-04-26 am EDT 5-day change 1st Jan Change
295 GBX +3.15% Intraday chart for LSL Property Services plc +12.60% +14.34%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023 2024 2025
Capitalization 1 225.2 280.4 301.5 424.4 257.2 305.2 305.2 -
Enterprise Value (EV) 1 274.4 365.5 342.6 375.9 217 265.3 291.1 295.5
P/E ratio 12.7 x 21.7 x 18.5 x 6.93 x -4.01 x -6.99 x 17 x 13 x
Yield 4.97% 4.09% - 2.78% 4.56% 3.86% 3.86% 3.86%
Capitalization / Revenue 0.69 x 0.9 x 1.13 x 1.3 x 0.8 x 1.5 x 1.9 x 1.7 x
EV / Revenue 0.85 x 1.17 x 1.28 x 1.15 x 0.67 x 1.5 x 1.81 x 1.65 x
EV / EBITDA 6.6 x 7.05 x 6.98 x 6.08 x 4.47 x 19.1 x 9.24 x 7.73 x
EV / FCF 15.2 x - 6.96 x - 10.1 x -23.5 x 30.3 x 17.1 x
FCF Yield 6.56% - 14.4% - 9.87% -4.26% 3.3% 5.85%
Price to Book 1.58 x 1.99 x - - - - - -
Nbr of stocks (in thousands) 102,597 102,351 103,606 103,500 102,863 103,446 103,446 -
Reference price 2 2.195 2.740 2.910 4.100 2.500 2.950 2.950 2.950
Announcement Date 3/5/19 3/10/20 4/28/21 3/16/22 4/13/23 4/25/24 - -
1GBP in Million2GBP
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023 2024 2025
Net sales 1 324.6 311.1 266.7 326.8 321.7 176.8 160.6 179.1
EBITDA 1 41.57 51.88 49.11 61.82 48.52 13.86 31.5 38.25
EBIT 1 35.9 37.04 41.54 49.32 36.89 9.344 26.5 33
Operating Margin 11.06% 11.91% 15.57% 15.09% 11.47% 5.29% 16.5% 18.43%
Earnings before Tax (EBT) 1 23.08 - 20.92 69.89 -59.13 -40.56 23.7 30.7
Net income 1 - - 16.33 61.94 -63.92 -38 17.8 23.1
Net margin - - 6.12% 18.95% -19.87% -21.5% 11.08% 12.9%
EPS 2 0.1730 0.1260 0.1570 0.5920 -0.6230 -0.3690 0.1740 0.2270
Free Cash Flow 1 18.01 - 49.25 - 21.43 -11.7 9.6 17.3
FCF margin 5.55% - 18.46% - 6.66% -7.36% 5.98% 9.66%
FCF Conversion (EBITDA) 43.32% - 100.29% - 44.17% - 30.48% 45.23%
FCF Conversion (Net income) - - 301.68% - - - 53.93% 74.89%
Dividend per Share 2 0.1090 0.1120 - 0.1140 0.1140 0.1140 0.1140 0.1140
Announcement Date 3/5/19 3/10/20 4/28/21 3/16/22 4/13/23 4/25/24 - -
1GBP in Million2GBP
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2020 S1 2021 S1 2021 S2 2022 S1 2022 S2 2023 S1 2023 S2
Net sales 1 - - 160.4 - 160.9 - 104.3
EBITDA - - - - - - -
EBIT 1 - - 22.05 - 22.72 - 6.005
Operating Margin - - 13.75% - 14.12% - 5.76%
Earnings before Tax (EBT) - - - - - - -
Net income 1.247 22.57 - 5.876 - -37.84 -
Net margin - - - - - - -
EPS 0.0120 0.2140 - 0.0570 - -0.3680 -
Dividend per Share - - - - - - -
Announcement Date 8/5/20 8/4/21 3/16/22 8/3/22 4/13/23 9/27/23 4/25/24
1GBP in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023 2024 2025
Net Debt 1 49.2 85.1 41.1 - - - - -
Net Cash position 1 - - - 48.5 40.1 30.7 14.1 9.67
Leverage (Debt/EBITDA) 1.184 x 1.64 x 0.8365 x - - - - -
Free Cash Flow 1 18 - 49.3 - 21.4 -11.7 9.6 17.3
ROE (net income / shareholders' equity) - - 21.9% 20.9% 16.8% 6% - -
ROA (Net income/ Total Assets) - - - - - - - -
Assets 1 - - - - - - - -
Book Value Per Share 1.390 1.380 - - - - - -
Cash Flow per Share 2 0.2300 0.2800 0.5100 - 0.2600 -0.0600 0.0700 0.1800
Capex 1 5.72 - 4.05 6.9 4.91 4.5 4 4
Capex / Sales 1.76% - 1.52% 2.11% 1.53% 2.83% 2.49% 2.23%
Announcement Date 3/5/19 3/10/20 4/28/21 3/16/22 4/13/23 4/25/24 - -
1GBP in Million2GBP
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
C+
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
2
Last Close Price
2.95 GBP
Average target price
3.36 GBP
Spread / Average Target
+13.90%
Consensus
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