Land Securities Group (LAND.L)
Real Estate · LSE · UK
Fundamentals
Valuation and ratings
Land Securities Group trades at £6.92, which is 112% below the £14.67 our discounted cash flow model puts on the business. On that measure alone it screens as undervalued, though a DCF is an argument rather than a measurement, and the market is frequently right about why something is cheap.
Our moat model scores it 63 out of 100, which is a moat, but not a deep one. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.
It changes hands at 14.5 times earnings. Be careful reading that in isolation: for a cyclical business a low P/E arrives at the top of the cycle, when profits are peaking and about to fall, which is exactly when the shares look cheapest and are not.
About Land Securities Group
Land Securities Group Plc identify and shape places that create opportunities, enhance quality of life, and bring joy to the people connected to them. This is how they created the leading portfolio of urban places in UK and one of the largest real estate companies in Europe. Their 10 billion pounds portfolio is built around premium workplaces, is the country pre-eminent retail platform, and a residential pipeline that will redefine urban life. They honed this ability over 80 years. Spotting the opportunities, building the partnerships, and continually adapting to shape the places that meet the needs of a changing world. Places where life happens. Where businesses grow. And where cities are defined. Land Securities Group Plc was incorporated in 1995 in United Kingdom.
LAND.L passes 5 of our 30 screens today
Each screen prints the exact criteria it used, and the circumstances in which it is wrong.
Common questions
Is Land Securities Group (LAND.L) undervalued?
Against our discounted cash flow estimate of £14.67, LAND.L at £6.92 is 112% below fair value. That is one model's answer, not a recommendation, and most of a DCF's output sits in a terminal value nobody can forecast.
What is LAND.L's P/E ratio?
LAND.L trades at 14.5 times earnings. A low P/E is not automatically cheap: on a cyclical company it is usually a warning that earnings are at a peak.
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Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.