Land Securities Group (FRA:LSU2) EV-to-EBIT: 20.81 (As of Jul. 23, 2026) — 8571% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:LSU2 Land Securities Group PLC FRA:LSU2
65 GF Score
Price €8.07
GF Value €6.98
Valuation Modestly Overvalued
! 8 Warning Signs
View Full Analysis

What is Land Securities Group EV-to-EBIT?

Land Securities Group FRA:LSU2 -1.10% 65 EV-to-EBIT is 20.81 as of Jul. 23, 2026, which is 8571% above its 10-year median of 0.24. GuruFocus rates FRA:LSU2 with a GF Score™ of 65/100 and a GF Value™ of €6.98 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 663 REITs companies, Land Securities Group ranks worse than 54.15% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Land Securities Group's Enterprise Value is €11,273 Mil. Land Securities Group's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was €542 Mil. Therefore, Land Securities Group's EV-to-EBIT for today is 20.81.

The historical rank and industry rank for Land Securities Group's EV-to-EBIT or its related term are showing as below:

FRA:LSU2' s EV-to-EBIT Range Over the Past 10 Years
Min: -465.25   Med: 0.24   Max: 135.11
Current: 20.93

During the past 13 years, the highest EV-to-EBIT of Land Securities Group was 135.11. The lowest was -465.25. And the median was 0.24.

FRA:LSU2's EV-to-EBIT is ranked worse than
54.15% of 663 companies
in the REITs industry
Industry Median: 18.28 vs FRA:LSU2: 20.93

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Land Securities Group's Enterprise Value for the quarter that ended in Mar. 2026 was €9,794 Mil. Land Securities Group's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was €542 Mil. Land Securities Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 5.53%.


Land Securities Group  (FRA:LSU2) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Land Securities Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2026 ) =EBIT / Enterprise Value (Q: Mar. 2026 )
=541.749/9794.1507
=5.53 %

Land Securities Group's Enterprise Value for the quarter that ended in Mar. 2026 was €9,794 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Land Securities Group's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was €542 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Land Securities Group EV-to-EBIT Related Terms


Land Securities Group EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Land Securities Group's EV-to-EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Land Securities Group EV-to-EBIT Chart

Land Securities Group Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.76 -15.27 -36.50 17.02 18.11

Land Securities Group Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -36.50 0.00 17.02 0.00 18.11

FRA:LSU2 vs VICI, WPC: EV-to-EBIT Comparison

For the REIT - Diversified subindustry, Land Securities Group's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Land Securities Group EV-to-EBIT vs REITs Industry

For the REITs industry and Real Estate sector, Land Securities Group's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Land Securities Group's EV-to-EBIT falls into.


FRA:LSU2
65GF Score
Land Securities Group PLC FRA:LSU2
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Land Securities Group EV-to-EBIT Calculation

Land Securities Group's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=11273.089/541.749
=20.81

Land Securities Group's current Enterprise Value is €11,273 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Land Securities Group's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was €542 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EV-to-EBIT →
What does a EV-to-EBIT of 20.81 mean?
Land Securities Group (FRA:LSU2) has a EV-to-EBIT of 20.81 as of Jul. 23, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Land Securities Group and its competitors. This is 8571% above median its historical median of 0.24. According to the industry distribution chart, Land Securities Group ranks #359 out of 663 companies in the REITs industry, placing it in the top 54.1%.
Is Land Securities Group's EV-to-EBIT too high?
Land Securities Group's current EV-to-EBIT of 20.81 is 8571% above median its 10-year median of 0.24. The REITs industry median EV-to-EBIT is 18.28. Land Securities Group's value of 20.81 is 13.8% above this industry median. Based on the distribution chart, Land Securities Group ranks #359 out of 663 companies in the REITs industry, which is below the industry midpoint. Overall, Land Securities Group has a GF Score™ of 65/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Land Securities Group's EV-to-EBIT compare to VICI and WPC?
According to the REITs industry distribution chart, Land Securities Group ranks #359 out of 663 companies for EV-to-EBIT. This places Land Securities Group in the lower half of its industry. The industry median EV-to-EBIT is 18.28. Land Securities Group's value of 20.81 is 13.8% above this benchmark. While the company's 10-year median is 0.24 vs. the industry median of 18.28, Land Securities Group has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for a REITs company?
The median EV-to-EBIT among REITs companies is 18.28, based on 663 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Land Securities Group's current EV-to-EBIT of 20.81 is 13.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Land Securities Group and its competitors. For the REITs industry, the median EV-to-EBIT is 18.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Land Securities Group's current EV-to-EBIT is 20.81, which is 8571% above median its own 10-year median of 0.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Land Securities Group stock overvalued right now?
Based on GuruFocus' analysis, Land Securities Group (FRA:LSU2) is currently considered Modestly Overvalued. The stock's GF Value™ is €6.98, compared to a current price of €8.07 — trading 15.6% above its estimated fair value. The current EV-to-EBIT is 20.81, which is 8571% above median its 10-year median of 0.24 and 13.8% above the REITs industry median of 18.28. Land Securities Group's overall GF Score™ is 65/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Land Securities Group (FRA:LSU2), the current EV-to-EBIT is 20.81 as of Jul. 23, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Land Securities Group (FRA:LSU2) Overvalued in 2026?

Based on GuruFocus' analysis, Land Securities Group stock appears to be overvalued. The current stock price of €8.07 is trading 15.6% above its estimated GF Value™ of €6.98. GuruFocus considers Land Securities Group to be Modestly Overvalued.

Key valuation signals for FRA:LSU2:

  • EV-to-EBIT: 20.81 (8571% above median its 10-year median of 0.24)
  • GF Value™: €6.98 vs. price of €8.07 (15.6% above fair value)
  • GF Score™: 65/100 with 8 warning signs
  • Industry Position: 13.8% above the REITs median (#359 of 663)

No single metric tells the full story. See the FRA:LSU2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Land Securities Group Business Description

Industry Real EstateREITs
Address 100 Victoria Street, London, GBR, SW1E 5JL
Land Securities Group PLC is a real estate investment trust engaged in buying, selling, developing, and managing commercial property in the United Kingdom. The company's real estate portfolio is made up of office, retail, and leisure spaces in the London and Greater London regions. Office locations in London's West End, offices in the City of London, and shopping centers comprise the majority of the value of Land Securities' total assets. The company derives nearly all of its revenue in the form of rental income from medium- to long-term leases with tenants. Land Securities' overall net rental income is fairly evenly split between revenue from its London office properties and its retail properties in Greater London. It segments as Office-led, Retail-led, Residential-led and Other assets.
65GF Score

Get the complete analysis for FRA:LSU2

EV-to-EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€8.07
Price
€6.98
GF Value