Financials LSL Property Services plc

Equities

LSL

GB00B1G5HX72

Real Estate Services

Delayed London S.E. 07:03:11 2024-06-03 am EDT 5-day change 1st Jan Change
321.8 GBX +0.56% Intraday chart for LSL Property Services plc +1.84% +24.73%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 280.4 301.5 424.4 257.2 265.3 328.6 - -
Enterprise Value (EV) 1 365.5 342.6 375.9 217 265.3 316.5 318.4 308.4
P/E ratio 21.7 x 18.5 x 6.93 x -4.01 x -6.99 x 19.8 x 14.8 x 12.2 x
Yield 4.09% - 2.78% 4.56% - 3.56% 3.56% 3.56%
Capitalization / Revenue 0.9 x 1.13 x 1.3 x 0.8 x 1.5 x 1.98 x 1.8 x 1.62 x
EV / Revenue 1.17 x 1.28 x 1.15 x 0.67 x 1.5 x 1.91 x 1.74 x 1.52 x
EV / EBITDA 7.05 x 6.98 x 6.08 x 4.47 x 19.1 x 10.9 x 8.79 x 7.26 x
EV / FCF - 6.96 x - 10.1 x - 33 x 18.4 x 12.5 x
FCF Yield - 14.4% - 9.87% - 3.03% 5.43% 8.01%
Price to Book 1.99 x - - - - 4.48 x 3.92 x 3.35 x
Nbr of stocks (in thousands) 102,351 103,606 103,500 102,863 102,830 102,686 - -
Reference price 2 2.740 2.910 4.100 2.500 2.580 3.200 3.200 3.200
Announcement Date 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 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 311.1 266.7 326.8 321.7 176.8 166 182.7 202.7
EBITDA 1 51.88 49.11 61.82 48.52 13.86 29.02 36.23 42.48
EBIT 1 37.04 41.54 49.32 36.89 9.344 24.09 30.9 36.85
Operating Margin 11.91% 15.57% 15.09% 11.47% 5.29% 14.51% 16.91% 18.18%
Earnings before Tax (EBT) 1 - 20.92 69.89 -59.13 -40.56 21.99 29.21 35.45
Net income 1 - 16.33 61.94 -63.92 -38 16.5 21.94 26.59
Net margin - 6.12% 18.95% -19.87% -21.5% 9.94% 12.01% 13.12%
EPS 2 0.1260 0.1570 0.5920 -0.6230 -0.3690 0.1617 0.2169 0.2633
Free Cash Flow 1 - 49.25 - 21.43 - 9.6 17.3 24.7
FCF margin - 18.46% - 6.66% - 5.78% 9.47% 12.18%
FCF Conversion (EBITDA) - 100.29% - 44.17% - 33.08% 47.74% 58.15%
FCF Conversion (Net income) - 301.68% - - - 58.17% 78.85% 92.9%
Dividend per Share 2 0.1120 - 0.1140 0.1140 - 0.1140 0.1140 0.1140
Announcement Date 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 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 85.1 41.1 - - - - - -
Net Cash position 1 - - 48.5 40.1 - 12.1 10.2 20.2
Leverage (Debt/EBITDA) 1.64 x 0.8365 x - - - - - -
Free Cash Flow 1 - 49.3 - 21.4 - 9.6 17.3 24.7
ROE (net income / shareholders' equity) - 21.9% 20.9% 16.8% - 21.1% 25.1% 25.4%
ROA (Net income/ Total Assets) - - - - - 11.3% 17.2% 19.7%
Assets 1 - - - - - 145.7 127.5 134.9
Book Value Per Share 2 1.380 - - - - 0.7100 0.8200 0.9600
Cash Flow per Share 2 0.2800 0.5100 - 0.2600 - 0.1600 0.2100 0.2800
Capex 1 - 4.05 6.9 4.91 - 4 4 3.5
Capex / Sales - 1.52% 2.11% 1.53% - 2.41% 2.19% 1.73%
Announcement Date 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
3.2 GBP
Average target price
3.69 GBP
Spread / Average Target
+15.31%
Consensus
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