Land Securities Group PLC
LSE:LAND

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Land Securities Group PLC
LSE:LAND
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Price: 579.5 GBX -0.09% Market Closed
Market Cap: 4.3B GBX

Relative Value

The Relative Value of one LAND stock under the Base Case scenario is 1 012.99 GBX. Compared to the current market price of 579.5 GBX, Land Securities Group PLC is Undervalued by 43%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

LAND Relative Value
Base Case
1 012.99 GBX
Undervaluation 43%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
77
vs Industry
36
Median 3Y
5.8
Median 5Y
5.9
Industry
3.6
Forward
6.5
vs History
7
vs Industry
13
Median 3Y
5.1
Median 5Y
-3.6
Industry
16.4
Forward
11.5
vs History
26
vs Industry
25
Median 3Y
14
Median 5Y
14.1
Industry
10.8
vs History
7
vs Industry
12
Median 3Y
9.1
Median 5Y
5.4
Industry
12.6
vs History
41
vs Industry
58
Median 3Y
0.7
Median 5Y
0.7
Industry
0.8
vs History
85
vs Industry
34
Median 3Y
10.1
Median 5Y
10.6
Industry
6.4
Forward
11.2
vs History
76
vs Industry
28
Median 3Y
17.6
Median 5Y
18.2
Industry
11.8
vs History
76
vs Industry
36
Median 3Y
17.5
Median 5Y
18.1
Industry
15.7
Forward
15.7
vs History
76
vs Industry
41
Median 3Y
17.6
Median 5Y
18.2
Industry
18.9
Forward
15.2
vs History
31
vs Industry
21
Median 3Y
24.2
Median 5Y
25.1
Industry
18.3
vs History
31
vs Industry
24
Median 3Y
24.2
Median 5Y
25.1
Industry
20
vs History
60
vs Industry
48
Median 3Y
0.8
Median 5Y
0.8
Industry
0.7

Multiples Across Competitors

LAND Competitors Multiples
Land Securities Group PLC Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
UK
Land Securities Group PLC
LSE:LAND
4.3B GBP 5.4 40.7 16.9 17
ZA
Growthpoint Properties Ltd
JSE:GRT
43.7B Zac 0 0 0 0
ZA
Redefine Properties Ltd
JSE:RDF
29.2B Zac 0 0 0 0
US
WP Carey Inc
NYSE:WPC
13.3B USD 8.4 28.8 16.1 26.5
JP
KDX Realty Investment Corp
OTC:KDXRF
9.6B USD 17.6 27.8 36.4 45.2
ZA
Attacq Ltd
JSE:ATT
9.8B Zac 0 0 0 0
AU
Stockland Corporation Ltd
ASX:SGP
12.4B AUD 4 27.7 24.5 24.5
FR
Gecina SA
PAR:GFC
6.6B EUR 9.6 21.4 22.5 23
ZA
Fairvest Ltd
JSE:FTA
7.1B Zac 0 0 0 0
ZA
SA Corporate Real Estate Fund Managers (Pty) Ltd
JSE:SAC
7.1B Zac 0 0 0 0
US
STORE Capital Corp
LSE:0LA6
6.8B USD 7.7 21.4 14.6 23.3
P/S Multiple
Revenue Growth P/S to Growth
UK
Land Securities Group PLC
LSE:LAND
Average P/S: 8.8
5.4
-4%
N/A
ZA
G
Growthpoint Properties Ltd
JSE:GRT
Not Available
-14%
N/A
ZA
R
Redefine Properties Ltd
JSE:RDF
Not Available
-14%
N/A
US
WP Carey Inc
NYSE:WPC
8.4
3%
2.8
JP
KDX Realty Investment Corp
OTC:KDXRF
17.6
0%
N/A
ZA
A
Attacq Ltd
JSE:ATT
Not Available
-13%
N/A
AU
Stockland Corporation Ltd
ASX:SGP
4
10%
0.4
FR
Gecina SA
PAR:GFC
9.6
3%
3.2
ZA
F
Fairvest Ltd
JSE:FTA
Not Available N/A N/A
ZA
S
SA Corporate Real Estate Fund Managers (Pty) Ltd
JSE:SAC
Not Available
-20%
N/A
US
S
STORE Capital Corp
LSE:0LA6
7.7
8%
1
P/E Multiple
Earnings Growth PEG
UK
Land Securities Group PLC
LSE:LAND
Average P/E: 28
40.7
N/A N/A
ZA
G
Growthpoint Properties Ltd
JSE:GRT
Not Available
-65%
N/A
ZA
R
Redefine Properties Ltd
JSE:RDF
Not Available
2%
N/A
US
WP Carey Inc
NYSE:WPC
28.8
12%
2.4
JP
KDX Realty Investment Corp
OTC:KDXRF
27.8
-13%
N/A
ZA
A
Attacq Ltd
JSE:ATT
Not Available
-4%
N/A
AU
Stockland Corporation Ltd
ASX:SGP
27.7
44%
0.6
FR
Gecina SA
PAR:GFC
21.4
19%
1.1
ZA
F
Fairvest Ltd
JSE:FTA
Not Available N/A N/A
ZA
S
SA Corporate Real Estate Fund Managers (Pty) Ltd
JSE:SAC
Not Available
8%
N/A
US
S
STORE Capital Corp
LSE:0LA6
21.4
10%
2.1
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
UK
Land Securities Group PLC
LSE:LAND
Average EV/EBITDA: 21.8
16.9
5%
3.4
ZA
G
Growthpoint Properties Ltd
JSE:GRT
Not Available
-2%
N/A
ZA
R
Redefine Properties Ltd
JSE:RDF
Not Available
0%
N/A
US
WP Carey Inc
NYSE:WPC
16.1
8%
2
JP
KDX Realty Investment Corp
OTC:KDXRF
36.4
-1%
N/A
ZA
A
Attacq Ltd
JSE:ATT
Not Available N/A N/A
AU
Stockland Corporation Ltd
ASX:SGP
24.5
17%
1.4
FR
Gecina SA
PAR:GFC
22.5
4%
5.6
ZA
F
Fairvest Ltd
JSE:FTA
Not Available N/A N/A
ZA
S
SA Corporate Real Estate Fund Managers (Pty) Ltd
JSE:SAC
Not Available
-1%
N/A
US
S
STORE Capital Corp
LSE:0LA6
14.6
15%
1
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
UK
Land Securities Group PLC
LSE:LAND
Average EV/EBIT: 26.6
17
8%
2.1
ZA
G
Growthpoint Properties Ltd
JSE:GRT
Not Available
-2%
N/A
ZA
R
Redefine Properties Ltd
JSE:RDF
Not Available
5%
N/A
US
WP Carey Inc
NYSE:WPC
26.5
13%
2
JP
KDX Realty Investment Corp
OTC:KDXRF
45.2
N/A N/A
ZA
A
Attacq Ltd
JSE:ATT
Not Available
4%
N/A
AU
Stockland Corporation Ltd
ASX:SGP
24.5
17%
1.4
FR
Gecina SA
PAR:GFC
23
10%
2.3
ZA
F
Fairvest Ltd
JSE:FTA
Not Available N/A N/A
ZA
S
SA Corporate Real Estate Fund Managers (Pty) Ltd
JSE:SAC
Not Available N/A N/A
US
S
STORE Capital Corp
LSE:0LA6
23.3
15%
1.6