LEG IMMOBILIEN SE (LEG.DE) Stock Fundamental Analysis
Europe - FRA:LEG - DE000LEG1110 - Common Stock
66.5 EUR
+0.15 (+0.23%)
We assign a fundamental rating of 4 out of 10 to LEG. LEG was compared to 75 industry peers in the Real Estate Management & Development industry. While LEG is still in line with the averages on profitability rating, there are concerns on its financial health. LEG scores decently on growth, while it is valued quite cheap. This could make an interesting combination.
1. Profitability
1.1 Basic Checks
In the past year LEG was profitable.
LEG had a positive operating cash flow in the past year.
LEG had positive earnings in 4 of the past 5 years.
In the past 5 years LEG always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of LEG (2.90%) is better than 76.00% of its industry peers.
LEG's Return On Equity of 7.79% is amongst the best of the industry. LEG outperforms 84.00% of its industry peers.
LEG has a Return On Invested Capital (1.98%) which is comparable to the rest of the industry.
The Average Return On Invested Capital over the past 3 years for LEG is in line with the industry average of 3.75%.
The 3 year average ROIC (1.76%) for LEG is below the current ROIC(1.98%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.9% | ||
| ROE | 7.79% | ||
| ROIC | 1.98% |
ROA(3y)-2.23%
ROA(5y)2.11%
ROE(3y)-5.85%
ROE(5y)4.04%
ROIC(3y)1.76%
ROIC(5y)1.7%
1.3 Margins
LEG has a Profit Margin of 44.53%. This is in the better half of the industry: LEG outperforms 78.67% of its industry peers.
LEG's Profit Margin has declined in the last couple of years.
LEG has a better Operating Margin (45.26%) than 72.00% of its industry peers.
LEG's Operating Margin has declined in the last couple of years.
LEG has a Gross Margin of 49.04%. This is comparable to the rest of the industry: LEG outperforms 49.33% of its industry peers.
LEG's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 45.26% | ||
| PM (TTM) | 44.53% | ||
| GM | 49.04% |
OM growth 3Y-4.69%
OM growth 5Y-2.56%
PM growth 3Y-69.54%
PM growth 5Y-45.04%
GM growth 3Y-4.06%
GM growth 5Y-2.36%
2. Health
2.1 Basic Checks
LEG has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for LEG has been increased compared to 1 year ago.
LEG has more shares outstanding than it did 5 years ago.
LEG has a worse debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 0.69, we must say that LEG is in the distress zone and has some risk of bankruptcy.
LEG has a Altman-Z score of 0.69. This is in the lower half of the industry: LEG underperforms 64.00% of its industry peers.
LEG has a debt to FCF ratio of 24.32. This is a negative value and a sign of low solvency as LEG would need 24.32 years to pay back of all of its debts.
LEG has a Debt to FCF ratio (24.32) which is comparable to the rest of the industry.
LEG has a Debt/Equity ratio of 0.94. This is a neutral value indicating LEG is somewhat dependend on debt financing.
LEG has a Debt to Equity ratio (0.94) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.94 | ||
| Debt/FCF | 24.32 | ||
| Altman-Z | 0.69 |
ROIC/WACC0.63
WACC3.14%
2.3 Liquidity
A Current Ratio of 0.30 indicates that LEG may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.30, LEG is doing worse than 84.00% of the companies in the same industry.
LEG has a Quick Ratio of 0.30. This is a bad value and indicates that LEG is not financially healthy enough and could expect problems in meeting its short term obligations.
The Quick ratio of LEG (0.30) is worse than 76.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.3 | ||
| Quick Ratio | 0.3 |
3. Growth
3.1 Past
LEG shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 4.11%.
The Earnings Per Share has been decreasing by -3.40% on average over the past years.
The Revenue has been growing slightly by 7.27% in the past year.
LEG shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 10.00% yearly.
EPS 1Y (TTM)4.11%
EPS 3Y23.02%
EPS 5Y-3.4%
EPS Q2Q%-3.17%
Revenue 1Y (TTM)7.27%
Revenue growth 3Y10.71%
Revenue growth 5Y10%
Sales Q2Q%8.26%
3.2 Future
The Earnings Per Share is expected to grow by 7.23% on average over the next years.
Based on estimates for the next years, LEG will show a small growth in Revenue. The Revenue will grow by 3.10% on average per year.
EPS Next Y17.35%
EPS Next 2Y9.1%
EPS Next 3Y7.23%
EPS Next 5YN/A
Revenue Next Year27.78%
Revenue Next 2Y14.14%
Revenue Next 3Y3.1%
Revenue Next 5YN/A
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.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 12.50 indicates a correct valuation of LEG.
Compared to the rest of the industry, the Price/Earnings ratio of LEG indicates a somewhat cheap valuation: LEG is cheaper than 76.00% of the companies listed in the same industry.
LEG's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.76.
Based on the Price/Forward Earnings ratio of 10.64, the valuation of LEG can be described as reasonable.
Compared to the rest of the industry, the Price/Forward Earnings ratio of LEG indicates a rather cheap valuation: LEG is cheaper than 81.33% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of LEG to the average of the S&P500 Index (23.21), we can say LEG is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.5 | ||
| Fwd PE | 10.64 |
4.2 Price Multiples
62.67% of the companies in the same industry are more expensive than LEG, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, LEG is valued a bit cheaper than 64.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.18 | ||
| EV/EBITDA | 22.78 |
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.
The decent profitability rating of LEG may justify a higher PE ratio.
PEG (NY)0.72
PEG (5Y)N/A
EPS Next 2Y9.1%
EPS Next 3Y7.23%
5. Dividend
5.1 Amount
LEG has a Yearly Dividend Yield of 4.01%, which is a nice return.
Compared to an average industry Dividend Yield of 7.71, LEG pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.44, LEG pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.01% |
5.2 History
The dividend of LEG decreases each year by -9.38%.
Dividend Growth(5Y)-9.38%
Div Incr Years0
Div Non Decr Years1
5.3 Sustainability
DP0%
EPS Next 2Y9.1%
EPS Next 3Y7.23%
FRA:LEG (10/7/2025, 5:29:57 PM)
66.5
+0.15 (+0.23%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryReal Estate Management & Development
Earnings (Last)
Earnings (Next)
Inst Owners65.44%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap5.03B
Analysts76.36
Price Target89.97 (35.29%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.01% |
Yearly Dividend2.06
Dividend Growth(5Y)-9.38%
DP0%
Div Incr Years0
Div Non Decr Years1
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-21.21%
Min EPS beat(2)-21.46%
Max EPS beat(2)-20.96%
EPS beat(4)1
Avg EPS beat(4)-8.9%
Min EPS beat(4)-32.58%
Max EPS beat(4)39.41%
EPS beat(8)2
Avg EPS beat(8)-6.72%
EPS beat(12)3
Avg EPS beat(12)-19.6%
EPS beat(16)3
Avg EPS beat(16)-39.05%
Revenue beat(2)2
Avg Revenue beat(2)40.46%
Min Revenue beat(2)20.85%
Max Revenue beat(2)60.06%
Revenue beat(4)2
Avg Revenue beat(4)17.13%
Min Revenue beat(4)-6.68%
Max Revenue beat(4)60.06%
Revenue beat(8)4
Avg Revenue beat(8)15.89%
Revenue beat(12)7
Avg Revenue beat(12)17.96%
Revenue beat(16)11
Avg Revenue beat(16)22.5%
PT rev (1m)-0.61%
PT rev (3m)0.07%
EPS NQ rev (1m)3.44%
EPS NQ rev (3m)2.45%
EPS NY rev (1m)2%
EPS NY rev (3m)2.22%
Revenue NQ rev (1m)22.35%
Revenue NQ rev (3m)-15.34%
Revenue NY rev (1m)9.28%
Revenue NY rev (3m)-4.88%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.5 | ||
| Fwd PE | 10.64 | ||
| P/S | 3.74 | ||
| P/FCF | 12.18 | ||
| P/OCF | 11.55 | ||
| P/B | 0.65 | ||
| P/tB | 0.65 | ||
| EV/EBITDA | 22.78 |
EPS(TTM)5.32
EY8%
EPS(NY)6.25
Fwd EY9.4%
FCF(TTM)5.46
FCFY8.21%
OCF(TTM)5.76
OCFY8.66%
SpS17.8
BVpS101.81
TBVpS101.74
PEG (NY)0.72
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.9% | ||
| ROE | 7.79% | ||
| ROCE | 3.52% | ||
| ROIC | 1.98% | ||
| ROICexc | 2.05% | ||
| ROICexgc | 2.05% | ||
| OM | 45.26% | ||
| PM (TTM) | 44.53% | ||
| GM | 49.04% | ||
| FCFM | 30.66% |
ROA(3y)-2.23%
ROA(5y)2.11%
ROE(3y)-5.85%
ROE(5y)4.04%
ROIC(3y)1.76%
ROIC(5y)1.7%
ROICexc(3y)1.79%
ROICexc(5y)1.74%
ROICexgc(3y)1.79%
ROICexgc(5y)1.75%
ROCE(3y)3.13%
ROCE(5y)3.03%
ROICexcg growth 3Y6.99%
ROICexcg growth 5Y-0.28%
ROICexc growth 3Y7.57%
ROICexc growth 5Y-0.05%
OM growth 3Y-4.69%
OM growth 5Y-2.56%
PM growth 3Y-69.54%
PM growth 5Y-45.04%
GM growth 3Y-4.06%
GM growth 5Y-2.36%
F-Score5
Asset Turnover0.07
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.94 | ||
| Debt/FCF | 24.32 | ||
| Debt/EBITDA | 11.46 | ||
| Cap/Depr | 94.54% | ||
| Cap/Sales | 1.67% | ||
| Interest Coverage | 3.67 | ||
| Cash Conversion | 68.76% | ||
| Profit Quality | 68.86% | ||
| Current Ratio | 0.3 | ||
| Quick Ratio | 0.3 | ||
| Altman-Z | 0.69 |
F-Score5
WACC3.14%
ROIC/WACC0.63
Cap/Depr(3y)67.45%
Cap/Depr(5y)56.65%
Cap/Sales(3y)3.16%
Cap/Sales(5y)2.49%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)4.11%
EPS 3Y23.02%
EPS 5Y-3.4%
EPS Q2Q%-3.17%
EPS Next Y17.35%
EPS Next 2Y9.1%
EPS Next 3Y7.23%
EPS Next 5YN/A
Revenue 1Y (TTM)7.27%
Revenue growth 3Y10.71%
Revenue growth 5Y10%
Sales Q2Q%8.26%
Revenue Next Year27.78%
Revenue Next 2Y14.14%
Revenue Next 3Y3.1%
Revenue Next 5YN/A
EBIT growth 1Y6.66%
EBIT growth 3Y5.52%
EBIT growth 5Y7.18%
EBIT Next Year12%
EBIT Next 3Y6.49%
EBIT Next 5YN/A
FCF growth 1Y-5.84%
FCF growth 3Y6.85%
FCF growth 5Y6.25%
OCF growth 1Y-5.88%
OCF growth 3Y7.26%
OCF growth 5Y6.53%