LENDLEASE GROUP (LLC)
Share Price Analysis and Chart

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LLC - LENDLEASE GROUP

FNArena Sector : Infra & Property Developers
Year End: June
GICS Industry Group : Real Estate
Debt/EBITDA: 25.63
Index: ASX100 | ASX200 | ASX300 | ALL-ORDS

Lendlease Group is a multinational construction, property and infrastructure company originally founded in 1958 and listed on the ASX in 1962.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$7.14

27 Sep
2023

0.120

OPEN

$6.98

1.71%

HIGH

$7.18

1,870,313

LOW

$6.98

TARGET
$10.186 42.7% upside
Franking for last dividend paid out: 42%
OTHER COMPANIES IN THE SAME SECTOR
CMW . CWP . FRI . FWD . GMG . GOZ . GPT . HPI . LIC . MGR . PPC . SDG . SFC . SGP . SIO . UOS .
FNARENA'S MARKET CONSENSUS FORECASTS
LLC: 1
Title FY22
Actual		 FY23
Actual		 FY24
Forecast		 FY25
Forecast
EPS (cps) xxx - 34.0 79.2 xxx
DPS (cps) xxx 16.0 22.6 xxx
EPS Growth xxx N/A N/A xxx
DPS Growth xxx 0.0% 41.3% xxx
PE Ratio xxx N/A 9.0 xxx
Dividend Yield xxx N/A 3.2% xxx
Div Pay Ratio(%) xxx N/A 28.5% xxx

Dividend yield today if purchased 3 years ago: 1.39%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 2.25

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 18/08 - ex-div 11.1c (franking 42%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2023 FactSet UK Limited. All rights reserved
Title 201820192020202120222023
EPS Basic xxxxxxxxxxxxxxx-34.0
DPS All xxxxxxxxxxxxxxx16.0
Sales/Revenue xxxxxxxxxxxxxxx10,397.0 M
Book Value Per Share xxxxxxxxxxxxxxx968.7
Net Operating Cash Flow xxxxxxxxxxxxxxx-486.0 M
Net Profit Margin xxxxxxxxxxxxxxx-2.23 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201820192020202120222023
Return on Capital Employed xxxxxxxxxxxxxxx-3.42 %
Return on Invested Capital xxxxxxxxxxxxxxx-2.34 %
Return on Assets xxxxxxxxxxxxxxx-1.26 %
Return on Equity xxxxxxxxxxxxxxx-3.42 %
Return on Total Capital xxxxxxxxxxxxxxx-
Free Cash Flow ex dividends xxxxxxxxxxxxxxx-619.0 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 201820192020202120222023
Short-Term Debt xxxxxxxxxxxxxxx98 M
Long Term Debt xxxxxxxxxxxxxxx3,567 M
Total Debt xxxxxxxxxxxxxxx3,665 M
Goodwill - Gross xxxxxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxxxxx900 M
Price To Book Value xxxxxxxxxxxxxxx0.80

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201820192020202120222023
Capex xxxxxxxxxxxxxxx82.0 M
Capex % of Sales xxxxxxxxxxxxxxx0.79 %
Cost of Goods Sold xxxxxxxxxxxxxxx9,785 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx612 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx4,392 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

0.6

No. Of Recommendations

5
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Morgan Stanley

xx/xx/xxxx

3

xxxxx-xxxxxx

$xx.xx

xx.xx%

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Ord Minnett

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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Macquarie

15/08/2023

3

Neutral

$8.03

12.46%

Lendlease Group's FY23 operating earnings were marginally ahead of Macquarie's estimates, benefiting from a $63m pre-tax gain on the partial buyback of UK bonds.

The company continues to guide to FY24 returns on equity of 8%, at the lower end of the target range of 8-10%. The broker found the result lower quality given the one-off's and provisions.

The sale of communities business could result in a material one-off profit but Macquarie points out the focus should be on the underlying business, the creation of capital to meet FY26 targets and progress on the longer strategy.

Neutral retained. Target is reduced to $8.03 from $8.10.

FORECAST
Macquarie forecasts a full year FY24 dividend of 23.80 cents and EPS of 79.20 cents.
Macquarie forecasts a full year FY25 dividend of 26.80 cents and EPS of 89.40 cents.

Citi

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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UBS

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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Access Stockbroker Research History >

LLC STOCK CHART

FNArena News on LLC

1
The Short Report – 28 Sep 2023

11:01 AM - Weekly Reports
2
Rudi’s Comprehensive August 2023 Review

Sep 21 2023 - Feature Stories
3
Rudi’s View: Navigating The Post-August Complexities

Sep 20 2023 - Rudi's View
4
ESG Focus: Reporting Season A Cracker For ESG

Sep 14 2023 - ESG Focus
5
Rudi’s Views: August 2023 – Winners & Losers

Sep 13 2023 - Rudi's View

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