Switch to:

GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 6/10

vs
industry
vs
history
Cash to Debt 0.34
JLL's Cash to Debt is ranked higher than
61% of the 1325 Companies
in the Global Real Estate Services industry.

( Industry Median: 0.36 vs. JLL: 0.34 )
JLL' s 10-Year Cash to Debt Range
Min: 0.05   Max: No Debt
Current: 0.34

Equity to Asset 0.47
JLL's Equity to Asset is ranked higher than
68% of the 1290 Companies
in the Global Real Estate Services industry.

( Industry Median: 0.45 vs. JLL: 0.47 )
JLL' s 10-Year Equity to Asset Range
Min: 0.16   Max: 0.67
Current: 0.47

0.16
0.67
Interest Coverage 10.62
JLL's Interest Coverage is ranked higher than
65% of the 750 Companies
in the Global Real Estate Services industry.

( Industry Median: 10.97 vs. JLL: 10.62 )
JLL' s 10-Year Interest Coverage Range
Min: 0.24   Max: 32.95
Current: 10.62

0.24
32.95
F-Score: 7
Z-Score: 2.90
M-Score: -2.46
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 8/10

vs
industry
vs
history
Operating margin (%) 8.27
JLL's Operating margin (%) is ranked higher than
52% of the 1321 Companies
in the Global Real Estate Services industry.

( Industry Median: 22.53 vs. JLL: 8.27 )
JLL' s 10-Year Operating margin (%) Range
Min: -9.44   Max: 16.87
Current: 8.27

-9.44
16.87
Net-margin (%) 6.05
JLL's Net-margin (%) is ranked higher than
54% of the 1320 Companies
in the Global Real Estate Services industry.

( Industry Median: 15.11 vs. JLL: 6.05 )
JLL' s 10-Year Net-margin (%) Range
Min: -12.55   Max: 12.52
Current: 6.05

-12.55
12.52
ROE (%) 12.38
JLL's ROE (%) is ranked higher than
82% of the 1306 Companies
in the Global Real Estate Services industry.

( Industry Median: 7.66 vs. JLL: 12.38 )
JLL' s 10-Year ROE (%) Range
Min: -29.28   Max: 82.34
Current: 12.38

-29.28
82.34
ROA (%) 5.87
JLL's ROA (%) is ranked higher than
84% of the 1328 Companies
in the Global Real Estate Services industry.

( Industry Median: 3.15 vs. JLL: 5.87 )
JLL' s 10-Year ROA (%) Range
Min: -10.26   Max: 12.75
Current: 5.87

-10.26
12.75
ROC (Joel Greenblatt) (%) 124.79
JLL's ROC (Joel Greenblatt) (%) is ranked higher than
90% of the 1278 Companies
in the Global Real Estate Services industry.

( Industry Median: 18.26 vs. JLL: 124.79 )
JLL' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: -49.39   Max: 202.76
Current: 124.79

-49.39
202.76
Revenue Growth (%) 14.30
JLL's Revenue Growth (%) is ranked higher than
78% of the 1004 Companies
in the Global Real Estate Services industry.

( Industry Median: 5.10 vs. JLL: 14.30 )
JLL' s 10-Year Revenue Growth (%) Range
Min: 0   Max: 39.4
Current: 14.3

0
39.4
EBITDA Growth (%) 6.60
JLL's EBITDA Growth (%) is ranked higher than
68% of the 830 Companies
in the Global Real Estate Services industry.

( Industry Median: 7.20 vs. JLL: 6.60 )
JLL' s 10-Year EBITDA Growth (%) Range
Min: 0   Max: 45.4
Current: 6.6

0
45.4
EPS Growth (%) 19.80
JLL's EPS Growth (%) is ranked higher than
77% of the 767 Companies
in the Global Real Estate Services industry.

( Industry Median: 8.30 vs. JLL: 19.80 )
JLL' s 10-Year EPS Growth (%) Range
Min: 0   Max: 66.9
Current: 19.8

0
66.9
» JLL's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades

Q1 2013

JLL Guru Trades in Q1 2013

Ken Heebner 695,000 sh (New)
Ron Baron 109,500 sh (+392.13%)
Steven Cohen 6,016 sh (+109.47%)
RS Investment Management 147,696 sh (+2.08%)
Columbia Wanger 325,000 sh (unchged)
Pioneer Investments 58,800 sh (unchged)
Chuck Royce 1,627,410 sh (-0.32%)
John Rogers 1,911,985 sh (-3.72%)
Meridian Funds 479,000 sh (-4.2%)
Robert Olstein 98,300 sh (-9.23%)
Joel Greenblatt 7,902 sh (-47.06%)
» More
Q2 2013

JLL Guru Trades in Q2 2013

Paul Tudor Jones 5,500 sh (New)
Ron Baron 251,800 sh (+129.95%)
RS Investment Management 283,011 sh (+91.62%)
Robert Olstein 124,000 sh (+26.14%)
Meridian Funds 595,700 sh (+24.36%)
Pioneer Investments 65,300 sh (+11.05%)
Ken Heebner 745,000 sh (+7.19%)
Columbia Wanger 325,000 sh (unchged)
Joel Greenblatt Sold Out
John Rogers 1,864,432 sh (-2.49%)
Chuck Royce 1,539,960 sh (-5.37%)
Steven Cohen 3,823 sh (-36.45%)
» More
Q3 2013

JLL Guru Trades in Q3 2013

Joel Greenblatt 13,583 sh (New)
RS Investment Management 797,164 sh (+181.67%)
Steven Cohen 6,660 sh (+74.21%)
Ron Baron 353,200 sh (+40.27%)
John Rogers 2,411,588 sh (+29.35%)
Robert Olstein 131,000 sh (+5.65%)
Chuck Royce 1,570,613 sh (+1.99%)
Columbia Wanger 325,000 sh (unchged)
Pioneer Investments 64,595 sh (-1.08%)
Ken Heebner 730,000 sh (-2.01%)
Paul Tudor Jones 2,500 sh (-54.55%)
» More
Q4 2013

JLL Guru Trades in Q4 2013

Pioneer Investments 115,286 sh (+78.48%)
Ron Baron 395,233 sh (+11.9%)
John Rogers 2,535,139 sh (+5.12%)
Columbia Wanger 325,000 sh (unchged)
Joel Greenblatt Sold Out
Paul Tudor Jones Sold Out
RS Investment Management 781,819 sh (-1.92%)
Ken Heebner 710,000 sh (-2.74%)
Robert Olstein 127,000 sh (-3.05%)
Chuck Royce 1,437,283 sh (-8.49%)
Steven Cohen 5,420 sh (-18.62%)
» More
» Details

Insider Trades

Latest Guru Trades with JLL

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Joel Greenblatt 2013-12-31 Sold Out 0.04%$82.68 - $102.8 $ 120.7629%0
Ron Baron 2013-09-30 Add 40.27%0.04%$82.15 - $97.1 $ 120.7636%353200
Joel Greenblatt 2013-09-30 New Buy0.04%$82.15 - $97.1 $ 120.7636%13583
Meridian Funds 2013-06-30 Add 24.36%0.39%$86.5 - $100.02 $ 120.7628%595700
Ron Baron 2013-06-30 Add 129.95%0.07%$86.5 - $100.02 $ 120.7628%251800
Joel Greenblatt 2013-06-30 Sold Out 0.04%$86.5 - $100.02 $ 120.7628%0
Ron Baron 2013-03-31 Add 392.13%0.05%$83.94 - $100.69 $ 120.7628%109500
Joel Greenblatt 2013-03-31 Reduce -47.06%0.03%$83.94 - $100.69 $ 120.7628%7902
Joel Greenblatt 2012-12-31 New Buy0.07%$73.53 - $86.16 $ 120.7653%14927
Ron Baron 2012-12-31 New Buy0.01%$73.53 - $86.16 $ 120.7653%22250
Ray Dalio 2011-12-31 Sold Out 0.08%$47.04 - $69.87 $ 120.76102%0
Joel Greenblatt 2011-12-31 Sold Out 0.04%$47.04 - $69.87 $ 120.76102%0
Meridian Funds 2011-09-30 Add 16.86%0.18%$49.77 - $99.26 $ 120.7666%656645
Ray Dalio 2011-09-30 New Buy0.08%$49.77 - $99.26 $ 120.7667%102767
Joel Greenblatt 2011-09-30 New Buy0.04%$49.77 - $99.26 $ 120.7666%5191
Meridian Funds 2011-03-31 Add 37.54%0.44%$83.92 - $102.57 $ 120.7627%533880
Premium More recent guru trades are included for Premium Members only!!
» Interactive Charts

Peter Lynch Chart ( What is Peter Lynch Charts )

Guru Investment Theses on Jones Lang LaSalle, Inc.

John Rogers Comments on Jones Lang LaSalle - Oct 24, 2013

A few of our holdings struggled in the third quarter. Real estate specialist Jones Lang LaSalle Inc. (JLL) fell -4.21% due to an earnings miss. Revenues came in near expectations, at $989 million—an increase of 7% year-over-year—versus the consensus of $995 million. Management suggested the bulk of the earnings miss came from higher-than-expected expenses. Adding to the Wall Street discontent was a lower forecast for the Americas in investment sales activity: growth of 10% to 15% rather than 15% to 20%. We see all these as minor, short-term issues and think the long-term picture is bright. People will always buy and sell corporate real estate, and the trend toward outsourcing real estate management is straightforward and rational. We plan to remain patient.

From John Rogers' Ariel Funds third quarter 2013 commentary.
Check out John Rogers latest stock trades

Top Ranked Articles about Jones Lang LaSalle, Inc.

Ariel Capital and John Rogers' Top Five Fourth Quarter Positions
John Rogers (Trades, Portfolio) is the founder of Ariel Capital Management which he began in 1983. According to his Investing Philosophy the guru concentrates his investments on small- to medium-sized companies whose prospects include high barriers to entry, sustainable competitive advantages and predictable fundamentals that allow for extensive cash earnings growth. Read more...
Guru Robert Olstein's Top Five Fourth Quarter Stocks
Robert Olstein is the chairman and chief investment officer of the Olstein Financial Fund. Olstein selects stocks by looking behind the numbers. He emphasizes a detailed look behind the numbers of a company's financial statement to assess the company's financial strength and assess potential downside risk. To be considered for his selection, a company must generate more cash flow than necessary to sustain the business, avoid aggressive accounting practices, demonstrate balance sheet fundamentals that are consistent with his defense first approach and be selling at a discount to the private market value. Read more...
Top Five Held Real Estate Stocks of the Third Quarter
Using the GuruFocus Aggregated Portfolio Screener you can filter results to see what companies maintain the highest amount of guru ownership. By using this screener, we filtered down to see which real estate-based companies are held by the most gurus. As of the third quarter, the following five real estate companies are held by the largest number of gurus. Read more...
John Rogers Comments on Jones Lang LaSalle
A few of our holdings struggled in the third quarter. Real estate specialist Jones Lang LaSalle Inc. (JLL) fell -4.21% due to an earnings miss. Revenues came in near expectations, at $989 million—an increase of 7% year-over-year—versus the consensus of $995 million. Management suggested the bulk of the earnings miss came from higher-than-expected expenses. Adding to the Wall Street discontent was a lower forecast for the Americas in investment sales activity: growth of 10% to 15% rather than 15% to 20%. We see all these as minor, short-term issues and think the long-term picture is bright. People will always buy and sell corporate real estate, and the trend toward outsourcing real estate management is straightforward and rational. We plan to remain patient. Read more...

Ratios

vs
industry
vs
history
P/E(ttm) 20.30
JLL's P/E(ttm) is ranked higher than
51% of the 1115 Companies
in the Global Real Estate Services industry.

( Industry Median: 12.00 vs. JLL: 20.30 )
JLL' s 10-Year P/E(ttm) Range
Min: 4.79   Max: 67.55
Current: 20.3

4.79
67.55
P/B 2.40
JLL's P/B is ranked lower than
64% of the 1270 Companies
in the Global Real Estate Services industry.

( Industry Median: 0.98 vs. JLL: 2.40 )
JLL' s 10-Year P/B Range
Min: 0.6   Max: 5.73
Current: 2.4

0.6
5.73
P/S 1.20
JLL's P/S is ranked higher than
77% of the 1349 Companies
in the Global Real Estate Services industry.

( Industry Median: 2.67 vs. JLL: 1.20 )
JLL' s 10-Year P/S Range
Min: 0.22   Max: 2.04
Current: 1.2

0.22
2.04
PFCF 22.70
JLL's PFCF is ranked lower than
54% of the 597 Companies
in the Global Real Estate Services industry.

( Industry Median: 14.28 vs. JLL: 22.70 )
JLL' s 10-Year PFCF Range
Min: 3.34   Max: 62.82
Current: 22.7

3.34
62.82
EV-to-EBIT 15.40
JLL's EV-to-EBIT is ranked higher than
64% of the 1158 Companies
in the Global Real Estate Services industry.

( Industry Median: 15.75 vs. JLL: 15.40 )
JLL' s 10-Year EV-to-EBIT Range
Min: 5.6   Max: 24.3
Current: 15.4

5.6
24.3
PEG 1.30
JLL's PEG is ranked higher than
52% of the 538 Companies
in the Global Real Estate Services industry.

( Industry Median: 0.69 vs. JLL: 1.30 )
JLL' s 10-Year PEG Range
Min: 0.12   Max: 9.42
Current: 1.3

0.12
9.42
Shiller P/E 35.60
JLL's Shiller P/E is ranked lower than
56% of the 620 Companies
in the Global Real Estate Services industry.

( Industry Median: 14.13 vs. JLL: 35.60 )
JLL' s 10-Year Shiller P/E Range
Min: 4.91   Max: 259.21
Current: 35.6

4.91
259.21

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield 0.40
JLL's Dividend Yield is ranked lower than
95% of the 958 Companies
in the Global Real Estate Services industry.

( Industry Median: 2.60 vs. JLL: 0.40 )
JLL' s 10-Year Dividend Yield Range
Min: 0.2   Max: 3.77
Current: 0.4

0.2
3.77
Dividend Payout 0.07
JLL's Dividend Payout is ranked higher than
94% of the 812 Companies
in the Global Real Estate Services industry.

( Industry Median: 0.26 vs. JLL: 0.07 )
JLL' s 10-Year Dividend Payout Range
Min: 0.06   Max: 0.31
Current: 0.07

0.06
0.31
Dividend growth (3y) 30.10
JLL's Dividend growth (3y) is ranked higher than
92% of the 514 Companies
in the Global Real Estate Services industry.

( Industry Median: 5.00 vs. JLL: 30.10 )
JLL' s 10-Year Dividend growth (3y) Range
Min: 0   Max: 44.2
Current: 30.1

0
44.2
Yield on cost (5-Year) 1.25
JLL's Yield on cost (5-Year) is ranked lower than
79% of the 978 Companies
in the Global Real Estate Services industry.

( Industry Median: 2.73 vs. JLL: 1.25 )
JLL' s 10-Year Yield on cost (5-Year) Range
Min: 0.62   Max: 11.74
Current: 1.25

0.62
11.74
Share Buyback Rate -0.70
JLL's Share Buyback Rate is ranked higher than
73% of the 770 Companies
in the Global Real Estate Services industry.

( Industry Median: -2.30 vs. JLL: -0.70 )
JLL' s 10-Year Share Buyback Rate Range
Min: 0   Max: -22.4
Current: -0.7

Valuation & Return

vs
industry
vs
history
Price/Tangible Book 22.90
JLL's Price/Tangible Book is ranked lower than
82% of the 1249 Companies
in the Global Real Estate Services industry.

( Industry Median: 1.00 vs. JLL: 22.90 )
JLL' s 10-Year Price/Tangible Book Range
Min: 5.98   Max: 71.74
Current: 22.9

5.98
71.74
Price/DCF (Projected) 1.50
JLL's Price/DCF (Projected) is ranked higher than
58% of the 524 Companies
in the Global Real Estate Services industry.

( Industry Median: 1.20 vs. JLL: 1.50 )
JLL' s 10-Year Price/DCF (Projected) Range
Min: 0.36   Max: 1.43
Current: 1.5

0.36
1.43
Price/Median PS Value 1.20
JLL's Price/Median PS Value is ranked higher than
50% of the 1199 Companies
in the Global Real Estate Services industry.

( Industry Median: 1.00 vs. JLL: 1.20 )
JLL' s 10-Year Price/Median PS Value Range
Min: 0.35   Max: 4.27
Current: 1.2

0.35
4.27
Price/Peter Lynch Fair Value 1.70
JLL's Price/Peter Lynch Fair Value is ranked lower than
60% of the 267 Companies
in the Global Real Estate Services industry.

( Industry Median: 0.40 vs. JLL: 1.70 )
JLL' s 10-Year Price/Peter Lynch Fair Value Range
Min: 0.37   Max: 1.42
Current: 1.7

0.37
1.42
Price/Graham Number 4.50
JLL's Price/Graham Number is ranked lower than
75% of the 1075 Companies
in the Global Real Estate Services industry.

( Industry Median: 0.70 vs. JLL: 4.50 )
JLL' s 10-Year Price/Graham Number Range
Min: 2.08   Max: 7.51
Current: 4.5

2.08
7.51
Earnings Yield (Greenblatt) 6.50
JLL's Earnings Yield (Greenblatt) is ranked higher than
67% of the 1199 Companies
in the Global Real Estate Services industry.

( Industry Median: 6.20 vs. JLL: 6.50 )
JLL' s 10-Year Earnings Yield (Greenblatt) Range
Min: 4.1   Max: 17.8
Current: 6.5

4.1
17.8
Forward Rate of Return (Yacktman) 14.47
JLL's Forward Rate of Return (Yacktman) is ranked higher than
84% of the 829 Companies
in the Global Real Estate Services industry.

( Industry Median: 2.61 vs. JLL: 14.47 )
JLL' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -7.5   Max: 59.3
Current: 14.47

-7.5
59.3

Business Description

Industry: Real Estate Services » Real Estate Services
Compare:WFGPY, NDVLY, CDEVY, BRMSY, CGNRF » details
Traded in other countries:4J2.Germany
Jones Lang LaSalle, Inc., a Maryland corporation was incorporated in 1997. The Company is a financial and professional services firm specializing in real estate. It offers integrated services delivered by expert teams worldwide to clients seeking increased value by owning, occupying or investing in real estate. It offers comprehensive integrated real estate and investment management services on a local, regional and global basis to owner, occupier and investor clients. The Company delivers an array of Real Estate Services across its three geographic business segments: the Americas; Europe, Middle East and Africa; and Asia Pacific. LaSalle Investment Management, a wholly owned member of the Jones Lang LaSalle group that comprises the Company's fourth business segment. The Company offers a range of real estate services includes: Agency leasing; Property management; Project and development management; Construction management; Valuations; Capital markets; Real estate investment banking and merchant banking; Brokerage of properties; Corporate finance; Hotel advisory; Space acquisition and disposition; Facilities management/outsourcing; Strategic consulting; Energy and sustainability services; Value recovery services and Investment management. It offers these services locally, regionally and globally to real estate investors and occupiers for a variety of property types, including offices, hotels, industrial, retail, multi-family residential, hospitals, critical environments and data centers, sports facilities, cultural institutions and transportation centers. Individual regions and markets focus on different property types, depending on local requirements and market conditions. Jones Lang works for a range of clients that represent a variety of industries and are based in markets throughout the world. The Company's clients vary greatly in size and include for-profit and not-for-profit entities of all kinds, public-private partnerships and governmental entities. Jones Lang provides real estate investment management services on a global basis for both public and private assets through its LaSalle Investment Management subsidiary. The Company's integrated global business model, industry-leading research capabilities, client relationship management focus, consistent worldwide service delivery and brand are attributes that enhance its services. Jones Lang reports its operations as four business segments. The Company manages its Investor and Occupier Services or IOS product offerings geographically as: the Americas, Europe, Middle East and Africa, and Asia Pacific, and its investment management business globally as: LaSalle Investment Management. Jones Lang's global real estate investment management business, a member of the Jones Lang LaSalle group that it operates under the name of LaSalle Investment Management, has three priorities: Develop and execute customized investment strategies that meet the specific investment objectives of each

Personalized Checklist








Within your circle of competence?
Macro economic environment favorable?
High quality business?
Enough margin of safety with stocks?
Gurus are buying?
Insiders are buying?
Management capable and shareholder friendly?
Catalyst for stock price to appreciate?
Your level of confidence with the research?

Add Notes, Comments or Ask Questions

User Comments

No comment yet

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK
Hide