LEG IMMOBILIEN SE (LEG.DE) Stock Fundamental Analysis
FRA:LEG - Deutsche Boerse Ag - DE000LEG1110 - Common Stock - Currency: EUR
Taking everything into account, LEG scores 4 out of 10 in our fundamental rating. LEG was compared to 70 industry peers in the Real Estate Management & Development industry. LEG has a medium profitability rating, but doesn't score so well on its financial health evaluation. LEG has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
LEG had positive earnings in the past year.
LEG had a positive operating cash flow in the past year.
Of the past 5 years LEG 4 years were profitable.
Each year in the past 5 years LEG had a positive operating cash flow.
1.2 Ratios
LEG has a Return On Assets (1.23%) which is comparable to the rest of the industry.
LEG has a Return On Equity of 3.31%. This is in the better half of the industry: LEG outperforms 61.43% of its industry peers.
LEG has a Return On Invested Capital (1.93%) which is in line with its industry peers.
The Average Return On Invested Capital over the past 3 years for LEG is below the industry average of 3.86%.
The last Return On Invested Capital (1.93%) for LEG is above the 3 year average (1.76%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.23% | ||
| ROE | 3.31% | ||
| ROIC | 1.93% |
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 19.06%. This is in the better half of the industry: LEG outperforms 68.57% of its industry peers.
In the last couple of years the Profit Margin of LEG has declined.
Looking at the Operating Margin, with a value of 45.34%, LEG is in the better half of the industry, outperforming 74.29% of the companies in the same industry.
In the last couple of years the Operating Margin of LEG has declined.
LEG has a Gross Margin (49.35%) which is comparable to the rest of the industry.
In the last couple of years the Gross Margin of LEG has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 45.34% | ||
| PM (TTM) | 19.06% | ||
| GM | 49.35% |
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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so LEG is destroying value.
The number of shares outstanding for LEG has been increased compared to 1 year ago.
The number of shares outstanding for LEG has been increased compared to 5 years ago.
The debt/assets ratio for LEG is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 0.73, we must say that LEG is in the distress zone and has some risk of bankruptcy.
With a Altman-Z score value of 0.73, LEG is not doing good in the industry: 61.43% of the companies in the same industry are doing better.
LEG has a debt to FCF ratio of 25.75. This is a negative value and a sign of low solvency as LEG would need 25.75 years to pay back of all of its debts.
LEG has a Debt to FCF ratio (25.75) which is comparable to the rest of the industry.
A Debt/Equity ratio of 0.98 indicates that LEG is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.98, LEG is doing worse than 62.86% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.98 | ||
| Debt/FCF | 25.75 | ||
| Altman-Z | 0.73 |
ROIC/WACC0.59
WACC3.26%
2.3 Liquidity
LEG has a Current Ratio of 0.35. This is a bad value and indicates that LEG is not financially healthy enough and could expect problems in meeting its short term obligations.
LEG's Current ratio of 0.35 is on the low side compared to the rest of the industry. LEG is outperformed by 78.57% of its industry peers.
A Quick Ratio of 0.34 indicates that LEG may have some problems paying its short term obligations.
LEG has a Quick ratio of 0.34. This is in the lower half of the industry: LEG underperforms 71.43% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.35 | ||
| Quick Ratio | 0.34 |
3. Growth
3.1 Past
LEG shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -6.75%.
The Earnings Per Share has been decreasing by -3.40% on average over the past years.
Looking at the last year, LEG shows a small growth in Revenue. The Revenue has grown by 5.26% in the last 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)-6.75%
EPS 3Y23.02%
EPS 5Y-3.4%
EPS Q2Q%259.51%
Revenue 1Y (TTM)5.26%
Revenue growth 3Y10.71%
Revenue growth 5Y10%
Sales Q2Q%4.9%
3.2 Future
LEG is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 9.33% yearly.
Based on estimates for the next years, LEG will show a quite strong growth in Revenue. The Revenue will grow by 12.32% on average per year.
EPS Next Y14.8%
EPS Next 2Y8.58%
EPS Next 3Y9.33%
EPS Next 5YN/A
Revenue Next Year34.34%
Revenue Next 2Y20.26%
Revenue Next 3Y12.32%
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.
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
The Price/Earnings ratio is 13.94, which 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 77.14% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of LEG to the average of the S&P500 Index (27.45), we can say LEG is valued slightly cheaper.
Based on the Price/Forward Earnings ratio of 11.83, the valuation of LEG can be described as reasonable.
Based on the Price/Forward Earnings ratio, LEG is valued a bit cheaper than 77.14% of the companies in the same industry.
LEG's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 21.90.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.94 | ||
| Fwd PE | 11.83 |
4.2 Price Multiples
LEG's Enterprise Value to EBITDA ratio is in line with the industry average.
Based on the Price/Free Cash Flow ratio, LEG is valued a bit cheaper than the industry average as 67.14% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.87 | ||
| EV/EBITDA | 24.35 |
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.
PEG (NY)0.94
PEG (5Y)N/A
EPS Next 2Y8.58%
EPS Next 3Y9.33%
5. Dividend
5.1 Amount
LEG has a Yearly Dividend Yield of 3.59%. Purely for dividend investing, there may be better candidates out there.
LEG's Dividend Yield is a higher than the industry average which is at 7.93.
LEG's Dividend Yield is a higher than the S&P500 average which is at 2.42.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.59% |
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
LEG pays out 60.94% of its income as dividend. This is not a sustainable payout ratio.
DP60.94%
EPS Next 2Y8.58%
EPS Next 3Y9.33%
FRA:LEG (7/4/2025, 10:21:07 AM)
73.2
-0.3 (-0.41%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryReal Estate Management & Development
Earnings (Last)
Earnings (Next)
Inst Owners63.18%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap5.45B
Analysts73.04
Price Target89.9 (22.81%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.59% |
Yearly Dividend2.06
Dividend Growth(5Y)-9.38%
DP60.94%
Div Incr Years0
Div Non Decr Years1
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)26.69%
Min Revenue beat(2)-6.68%
Max Revenue beat(2)60.06%
Revenue beat(4)2
Avg Revenue beat(4)21.4%
Min Revenue beat(4)-6.68%
Max Revenue beat(4)60.06%
Revenue beat(8)3
Avg Revenue beat(8)12.37%
Revenue beat(12)7
Avg Revenue beat(12)19.12%
Revenue beat(16)11
Avg Revenue beat(16)21.3%
PT rev (1m)-1.17%
PT rev (3m)-8.66%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-0.42%
EPS NY rev (1m)0%
EPS NY rev (3m)0.53%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.28%
Revenue NY rev (1m)0%
Revenue NY rev (3m)23.05%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.94 | ||
| Fwd PE | 11.83 | ||
| P/S | 4.13 | ||
| P/FCF | 13.87 | ||
| P/OCF | 13.22 | ||
| P/B | 0.72 | ||
| P/tB | 0.72 | ||
| EV/EBITDA | 24.35 |
EPS(TTM)5.25
EY7.17%
EPS(NY)6.19
Fwd EY8.46%
FCF(TTM)5.28
FCFY7.21%
OCF(TTM)5.54
OCFY7.57%
SpS17.71
BVpS102.04
TBVpS101.97
PEG (NY)0.94
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.23% | ||
| ROE | 3.31% | ||
| ROCE | 3.45% | ||
| ROIC | 1.93% | ||
| ROICexc | 1.99% | ||
| ROICexgc | 1.99% | ||
| OM | 45.34% | ||
| PM (TTM) | 19.06% | ||
| GM | 49.35% | ||
| FCFM | 29.8% |
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-Score7
Asset Turnover0.06
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.98 | ||
| Debt/FCF | 25.75 | ||
| Debt/EBITDA | 11.99 | ||
| Cap/Depr | 84.65% | ||
| Cap/Sales | 1.46% | ||
| Interest Coverage | 3.65 | ||
| Cash Conversion | 66.42% | ||
| Profit Quality | 156.36% | ||
| Current Ratio | 0.35 | ||
| Quick Ratio | 0.34 | ||
| Altman-Z | 0.73 |
F-Score7
WACC3.26%
ROIC/WACC0.59
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)-6.75%
EPS 3Y23.02%
EPS 5Y-3.4%
EPS Q2Q%259.51%
EPS Next Y14.8%
EPS Next 2Y8.58%
EPS Next 3Y9.33%
EPS Next 5YN/A
Revenue 1Y (TTM)5.26%
Revenue growth 3Y10.71%
Revenue growth 5Y10%
Sales Q2Q%4.9%
Revenue Next Year34.34%
Revenue Next 2Y20.26%
Revenue Next 3Y12.32%
Revenue Next 5YN/A
EBIT growth 1Y4.33%
EBIT growth 3Y5.52%
EBIT growth 5Y7.18%
EBIT Next Year10.61%
EBIT Next 3Y5.28%
EBIT Next 5YN/A
FCF growth 1Y5.16%
FCF growth 3Y6.85%
FCF growth 5Y6.25%
OCF growth 1Y3.62%
OCF growth 3Y7.26%
OCF growth 5Y6.53%