Jones Lang LaSalle: Optimistic Medium-Term Prospects, Appears Baked In (NYSE:JLL)


Looking directly up at the skyline of the financial

Megapixel8

Real estate firm Jones Lang LaSalle’s (NYSE:JLL) near term prospects are likely to remain challenging but medium term prospects are more optimistic. Their prospects however appear baked into the stock.

Company Overview

Jones Lang LaSalle offers real estate and

Debt to equity

JLL

67

CBRE

61

Cushman & Wakefield

221

Current ratio

JLL

1.22

CBRE

1.16

Cushman & Wakefield

1.24

Initial free cash flow

$340 million (normalized based on free cash flows over the past decade after deducting stock based compensation)

FCF growth YoY %

Normalized growth rate of 5% annually for four years based on management expectations of top-line growth above global GDP and potential margin expansion medium term due to market share gains and technology-supported productivity gains

Terminal growth %

2%

Discount rate %

10%



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *