Jones Lang LaSalle provides commercial real estate and investment management services worldwide. It offers a range of real estate services, including agency leasing, project and development management/construction, capital markets, property management, corporate finance, real estate investment banking/merchant banking, energy and sustainability services research, facility management outsourcing, strategic consulting and advisory services, investment management, tenant representation, lease administration, transaction management, logistics and supply-chain management, valuations, mortgage origination and servicing, and value recovery and receivership services. The company was founded in 1997 and is based in Chicago, Illinois.
JLL Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for JLL, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Jones Lang Lasalle Inc ranked in the 68th percentile in terms of potential gain offered. More precisely, our analysis suggests the stock is undervalued by approximately 162.67% on a DCF basis. As for the metrics that stood out in our discounted cash flow analysis of Jones Lang Lasalle Inc, consider:
Interest coverage, a measure of earnings relative to interest payments, is 9.84; that's higher than 92.69% of US stocks in the Real Estate sector that have positive free cash flow.
Jones Lang Lasalle Inc's weighted average cost of capital (WACC) is 7%; for context, that number is higher than only 5.06% of tickers in our DCF set.
JLL's estimated cost of debt, based largely on its market capitalization and its interest coverage ratio, is 2%; for context, that number is higher than only 5.06% of tickers in our DCF set.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Real Estate that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as JLL, try CLNC, IRET, PGRE, CXW, and ACC.
CHICAGO, Aug. 10, 2020 /PRNewswire/ -- Jones Lang LaSalle Incorporated (NYSE: JLL) announced today that Christian Ulbrich, the company's global Chief Executive Officer, will speak at the UBS Financial Services Virtual Conference on Wednesday, August 12, 2020, at 8:20 a.m. Eastern time. A…
Jones Lang LaSalle Incorporated (JLL) Q2 2020 Earnings Conference Call August 6, 2020 9:00 AM ET Company Participants Chris Stent – Executive Managing Director of Investor Relations Christian Ulbrich – President and Chief Executive Officer Karen Brennan – Chief Financial Officer Richard Bloxam – Chief Executive Officer, Capital Markets and...