JONES LANG LASALLE INC (JLL) Stock Fundamental Analysis
NYSE:JLL - US48020Q1076 - Common Stock
304.66 USD
-1.19 (-0.39%)
304.66 USD
0 (0%)
JLL gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 63 industry peers in the Real Estate Management & Development industry. JLL has only an average score on both its financial health and profitability. JLL has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year JLL was profitable.
In the past year JLL had a positive cash flow from operations.
JLL had positive earnings in each of the past 5 years.
JLL had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
JLL has a Return On Assets of 3.25%. This is amongst the best in the industry. JLL outperforms 84.13% of its industry peers.
JLL has a Return On Equity of 8.01%. This is amongst the best in the industry. JLL outperforms 80.95% of its industry peers.
JLL has a better Return On Invested Capital (6.77%) than 90.48% of its industry peers.
JLL had an Average Return On Invested Capital over the past 3 years of 6.88%. This is in line with the industry average of 5.46%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.25% | ||
| ROE | 8.01% | ||
| ROIC | 6.77% |
ROA(3y)2.96%
ROA(5y)3.58%
ROE(3y)7.51%
ROE(5y)9.08%
ROIC(3y)6.88%
ROIC(5y)7.31%
1.3 Margins
Looking at the Profit Margin, with a value of 2.29%, JLL is in the better half of the industry, outperforming 66.67% of the companies in the same industry.
JLL's Profit Margin has declined in the last couple of years.
JLL has a Operating Margin (3.93%) which is comparable to the rest of the industry.
JLL's Operating Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.93% | ||
| PM (TTM) | 2.29% | ||
| GM | N/A |
OM growth 3Y-13.42%
OM growth 5Y-5.33%
PM growth 3Y-22.26%
PM growth 5Y-4.71%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), JLL is destroying value.
The number of shares outstanding for JLL remains at a similar level compared to 1 year ago.
JLL has less shares outstanding than it did 5 years ago.
JLL has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 3.02 indicates that JLL is not in any danger for bankruptcy at the moment.
JLL has a better Altman-Z score (3.02) than 73.02% of its industry peers.
JLL has a debt to FCF ratio of 5.69. This is a neutral value as JLL would need 5.69 years to pay back of all of its debts.
With a decent Debt to FCF ratio value of 5.69, JLL is doing good in the industry, outperforming 71.43% of the companies in the same industry.
JLL has a Debt/Equity ratio of 0.45. This is a healthy value indicating a solid balance between debt and equity.
JLL has a Debt to Equity ratio of 0.45. This is comparable to the rest of the industry: JLL outperforms 53.97% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.45 | ||
| Debt/FCF | 5.69 | ||
| Altman-Z | 3.02 |
ROIC/WACC0.8
WACC8.5%
2.3 Liquidity
JLL has a Current Ratio of 1.10. This is a normal value and indicates that JLL is financially healthy and should not expect problems in meeting its short term obligations.
JLL has a worse Current ratio (1.10) than 65.08% of its industry peers.
JLL has a Quick Ratio of 1.10. This is a normal value and indicates that JLL is financially healthy and should not expect problems in meeting its short term obligations.
The Quick ratio of JLL (1.10) is worse than 63.49% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.1 | ||
| Quick Ratio | 1.1 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 44.37% over the past year.
The Earnings Per Share has been growing slightly by 0.41% on average over the past years.
Looking at the last year, JLL shows a quite strong growth in Revenue. The Revenue has grown by 13.47% in the last year.
JLL shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 5.44% yearly.
EPS 1Y (TTM)44.37%
EPS 3Y-10.53%
EPS 5Y0.41%
EPS Q2Q%29.41%
Revenue 1Y (TTM)13.47%
Revenue growth 3Y6.56%
Revenue growth 5Y5.44%
Sales Q2Q%230.17%
3.2 Future
Based on estimates for the next years, JLL will show a quite strong growth in Earnings Per Share. The EPS will grow by 16.43% on average per year.
JLL is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 7.37% yearly.
EPS Next Y20.31%
EPS Next 2Y19.54%
EPS Next 3Y17.61%
EPS Next 5Y16.43%
Revenue Next Year11.77%
Revenue Next 2Y10.26%
Revenue Next 3Y9.56%
Revenue Next 5Y7.37%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 19.96, the valuation of JLL can be described as rather expensive.
Compared to the rest of the industry, the Price/Earnings ratio of JLL indicates a rather cheap valuation: JLL is cheaper than 82.54% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.17, JLL is valued a bit cheaper.
A Price/Forward Earnings ratio of 15.25 indicates a correct valuation of JLL.
Based on the Price/Forward Earnings ratio, JLL is valued cheaper than 88.89% of the companies in the same industry.
JLL's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 22.78.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.96 | ||
| Fwd PE | 15.25 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, JLL is valued cheaper than 87.30% of the companies in the same industry.
JLL's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. JLL is cheaper than 77.78% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 25.73 | ||
| EV/EBITDA | 12.29 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
JLL has a very decent profitability rating, which may justify a higher PE ratio.
JLL's earnings are expected to grow with 17.61% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.98
PEG (5Y)49.24
EPS Next 2Y19.54%
EPS Next 3Y17.61%
5. Dividend
5.1 Amount
No dividends for JLL!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
304.66
-1.19 (-0.39%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryReal Estate Management & Development
Earnings (Last)
Earnings (Next)
Inst Owners97.25%
Inst Owner Change-1.09%
Ins Owners0.83%
Ins Owner Change2.35%
Market Cap14.43B
Analysts81.33
Price Target338.79 (11.2%)
Short Float %1.65%
Short Ratio1.65
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly Dividend0
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)3.43%
Min EPS beat(2)2.06%
Max EPS beat(2)4.8%
EPS beat(4)4
Avg EPS beat(4)8.26%
Min EPS beat(4)2.06%
Max EPS beat(4)23.2%
EPS beat(8)7
Avg EPS beat(8)19.18%
EPS beat(12)7
Avg EPS beat(12)-1.06%
EPS beat(16)11
Avg EPS beat(16)6.39%
Revenue beat(2)1
Avg Revenue beat(2)1.42%
Min Revenue beat(2)-0.41%
Max Revenue beat(2)3.26%
Revenue beat(4)2
Avg Revenue beat(4)-15.27%
Min Revenue beat(4)-64.39%
Max Revenue beat(4)3.26%
Revenue beat(8)4
Avg Revenue beat(8)-7.33%
Revenue beat(12)7
Avg Revenue beat(12)19.35%
Revenue beat(16)11
Avg Revenue beat(16)54.11%
PT rev (1m)8.9%
PT rev (3m)10.61%
EPS NQ rev (1m)-1.43%
EPS NQ rev (3m)-0.29%
EPS NY rev (1m)0.36%
EPS NY rev (3m)1.55%
Revenue NQ rev (1m)2.59%
Revenue NQ rev (3m)0.15%
Revenue NY rev (1m)-0.25%
Revenue NY rev (3m)2.86%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.96 | ||
| Fwd PE | 15.25 | ||
| P/S | 0.58 | ||
| P/FCF | 25.73 | ||
| P/OCF | 19.14 | ||
| P/B | 2.05 | ||
| P/tB | 8.79 | ||
| EV/EBITDA | 12.29 |
EPS(TTM)15.26
EY5.01%
EPS(NY)19.98
Fwd EY6.56%
FCF(TTM)11.84
FCFY3.89%
OCF(TTM)15.92
OCFY5.22%
SpS520.81
BVpS148.58
TBVpS34.66
PEG (NY)0.98
PEG (5Y)49.24
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.25% | ||
| ROE | 8.01% | ||
| ROCE | 9.53% | ||
| ROIC | 6.77% | ||
| ROICexc | 7% | ||
| ROICexgc | 12.91% | ||
| OM | 3.93% | ||
| PM (TTM) | 2.29% | ||
| GM | N/A | ||
| FCFM | 2.27% |
ROA(3y)2.96%
ROA(5y)3.58%
ROE(3y)7.51%
ROE(5y)9.08%
ROIC(3y)6.88%
ROIC(5y)7.31%
ROICexc(3y)7.19%
ROICexc(5y)7.7%
ROICexgc(3y)15.45%
ROICexgc(5y)17.13%
ROCE(3y)8.81%
ROCE(5y)9.53%
ROICexcg growth 3Y-15.65%
ROICexcg growth 5Y-7.84%
ROICexc growth 3Y-10.9%
ROICexc growth 5Y-4.7%
OM growth 3Y-13.42%
OM growth 5Y-5.33%
PM growth 3Y-22.26%
PM growth 5Y-4.71%
GM growth 3YN/A
GM growth 5YN/A
F-Score8
Asset Turnover1.42
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.45 | ||
| Debt/FCF | 5.69 | ||
| Debt/EBITDA | 2.57 | ||
| Cap/Depr | 71.01% | ||
| Cap/Sales | 0.78% | ||
| Interest Coverage | 7.25 | ||
| Cash Conversion | 60.74% | ||
| Profit Quality | 99.5% | ||
| Current Ratio | 1.1 | ||
| Quick Ratio | 1.1 | ||
| Altman-Z | 3.02 |
F-Score8
WACC8.5%
ROIC/WACC0.8
Cap/Depr(3y)80.38%
Cap/Depr(5y)77.6%
Cap/Sales(3y)0.89%
Cap/Sales(5y)0.9%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)44.37%
EPS 3Y-10.53%
EPS 5Y0.41%
EPS Q2Q%29.41%
EPS Next Y20.31%
EPS Next 2Y19.54%
EPS Next 3Y17.61%
EPS Next 5Y16.43%
Revenue 1Y (TTM)13.47%
Revenue growth 3Y6.56%
Revenue growth 5Y5.44%
Sales Q2Q%230.17%
Revenue Next Year11.77%
Revenue Next 2Y10.26%
Revenue Next 3Y9.56%
Revenue Next 5Y7.37%
EBIT growth 1Y30.61%
EBIT growth 3Y-7.75%
EBIT growth 5Y-0.18%
EBIT Next Year50.42%
EBIT Next 3Y22.49%
EBIT Next 5Y16.12%
FCF growth 1Y960.68%
FCF growth 3Y-9.02%
FCF growth 5Y22.57%
OCF growth 1Y190.04%
OCF growth 3Y-6.88%
OCF growth 5Y10.17%