JONES LANG LASALLE INC (JLL) Stock Fundamental Analysis
USA - NYSE:JLL - US48020Q1076 - Common Stock
298.28 USD
-5.81 (-1.91%)
298.28 USD
0 (0%)
Overall JLL gets a fundamental rating of 5 out of 10. We evaluated JLL 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.
JLL had a positive operating cash flow in the past year.
In the past 5 years JLL has always been profitable.
JLL had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 3.25%, JLL belongs to the top of the industry, outperforming 85.71% of the companies in the same industry.
With a decent Return On Equity value of 8.01%, JLL is doing good in the industry, outperforming 77.78% of the companies in the same industry.
JLL's Return On Invested Capital of 6.77% is amongst the best of the industry. JLL outperforms 88.89% 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 6.23%.
| 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
JLL has a Profit Margin of 2.29%. This is in the better half of the industry: JLL outperforms 61.90% of its industry peers.
JLL's Profit Margin has declined in the last couple of years.
JLL has a Operating Margin (3.93%) which is in line with its industry peers.
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
JLL has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
JLL has about the same amout of shares outstanding than it did 1 year ago.
JLL has less shares outstanding than it did 5 years ago.
The debt/assets ratio for JLL has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 3.00 indicates that JLL is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 3.00, JLL is in the better half of the industry, outperforming 69.84% of the companies in the same industry.
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 73.02% 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 55.56% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.45 | ||
| Debt/FCF | 5.69 | ||
| Altman-Z | 3 |
ROIC/WACC0.76
WACC8.87%
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 Current ratio of 1.10. This is in the lower half of the industry: JLL underperforms 68.25% 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.
JLL's Quick ratio of 1.10 is on the low side compared to the rest of the industry. JLL is outperformed by 66.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.1 | ||
| Quick Ratio | 1.1 |
3. Growth
3.1 Past
JLL shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 44.37%, which is quite impressive.
JLL shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 0.41% yearly.
Looking at the last year, JLL shows a quite strong growth in Revenue. The Revenue has grown by 13.47% in the last year.
The Revenue has been growing slightly by 5.44% on average over the past years.
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
JLL is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 16.43% yearly.
The Revenue is expected to grow by 7.37% on average over the next years.
EPS Next Y20.94%
EPS Next 2Y20%
EPS Next 3Y18.02%
EPS Next 5Y16.43%
Revenue Next Year11.39%
Revenue Next 2Y9.98%
Revenue Next 3Y9.24%
Revenue Next 5Y7.37%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
JLL is valuated rather expensively with a Price/Earnings ratio of 19.55.
Based on the Price/Earnings ratio, JLL is valued cheaper than 80.95% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 27.29. JLL is valued slightly cheaper when compared to this.
With a Price/Forward Earnings ratio of 14.82, JLL is valued correctly.
Based on the Price/Forward Earnings ratio, JLL is valued cheaply inside the industry as 88.89% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of JLL to the average of the S&P500 Index (22.85), we can say JLL is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.55 | ||
| Fwd PE | 14.82 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of JLL indicates a rather cheap valuation: JLL is cheaper than 87.30% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, JLL is valued a bit cheaper than 79.37% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 25.19 | ||
| EV/EBITDA | 12.01 |
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.
A more expensive valuation may be justified as JLL's earnings are expected to grow with 18.02% in the coming years.
PEG (NY)0.93
PEG (5Y)48.21
EPS Next 2Y20%
EPS Next 3Y18.02%
5. Dividend
5.1 Amount
No dividends for JLL!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
298.28
-5.81 (-1.91%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryReal Estate Management & Development
Earnings (Last)
Earnings (Next)
Inst Owners97.07%
Inst Owner Change-0.09%
Ins Owners0.84%
Ins Owner Change1.49%
Market Cap14.13B
Analysts81.33
Price Target350.44 (17.49%)
Short Float %1.5%
Short Ratio1.62
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)-14.58%
Revenue beat(12)7
Avg Revenue beat(12)14.52%
Revenue beat(16)11
Avg Revenue beat(16)50.48%
PT rev (1m)3.44%
PT rev (3m)15.57%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-0.8%
EPS NY rev (1m)0.52%
EPS NY rev (3m)0.88%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)2.15%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.59%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.55 | ||
| Fwd PE | 14.82 | ||
| P/S | 0.57 | ||
| P/FCF | 25.19 | ||
| P/OCF | 18.74 | ||
| P/B | 2.01 | ||
| P/tB | 8.61 | ||
| EV/EBITDA | 12.01 |
EPS(TTM)15.26
EY5.12%
EPS(NY)20.13
Fwd EY6.75%
FCF(TTM)11.84
FCFY3.97%
OCF(TTM)15.92
OCFY5.34%
SpS520.81
BVpS148.58
TBVpS34.66
PEG (NY)0.93
PEG (5Y)48.21
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 |
F-Score8
WACC8.87%
ROIC/WACC0.76
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 Y20.94%
EPS Next 2Y20%
EPS Next 3Y18.02%
EPS Next 5Y16.43%
Revenue 1Y (TTM)13.47%
Revenue growth 3Y6.56%
Revenue growth 5Y5.44%
Sales Q2Q%230.17%
Revenue Next Year11.39%
Revenue Next 2Y9.98%
Revenue Next 3Y9.24%
Revenue Next 5Y7.37%
EBIT growth 1Y30.61%
EBIT growth 3Y-7.75%
EBIT growth 5Y-0.18%
EBIT Next Year51.86%
EBIT Next 3Y23.76%
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%