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Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.
The historical rank and industry rank for Lloyds Banking Group's Intrinsic Value: Projected FCF or its related term are showing as below:
During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Lloyds Banking Group was 3.70. The lowest was 0.33. And the median was 0.50.
CHIX:LLOYl's Price-to-Projected-FCF is not ranked *
in the Banks industry.
Industry Median: 0.6 * Ranked among companies with meaningful Price-to-Projected-FCF only.
Lloyds Banking Group (CHIX:LLOYl) Intrinsic Value: Projected FCF Explanation
The growth multiple is capped between 8.35 and 17.74.
Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.
Lloyds Banking Group's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as
Price-to-Intrinsic-Value-Projected-FCF
=
Share Price
/
Intrinsic Value: Projected FCF
=
1.121
/
1.7479465228827
=
0.64
* 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.
Lloyds Banking Group Intrinsic Value: Projected FCF Related Terms
Lloyds Banking Group Intrinsic Value: Projected FCF Historical Data
* Premium members only.
The historical data trend for Lloyds Banking Group's Intrinsic Value: Projected FCF 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.
Lloyds Banking Group Intrinsic Value: Projected FCF Chart
Lloyds Banking Group Intrinsic Value: Projected FCF Competitor Comparison
For the Banks - Regional subindustry, Lloyds Banking Group's Price-to-Projected-FCF, along with its competitors' market caps and Price-to-Projected-FCF 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.
Lloyds Banking Group Price-to-Projected-FCF vs Banks Industry
For the Banks industry and Financial Services sector, Lloyds Banking Group's Price-to-Projected-FCF distribution charts can be found below:
* The bar in red indicates where Lloyds Banking Group's Price-to-Projected-FCF falls into.
Lloyds Banking Group Intrinsic Value: Projected FCF Calculation
Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.
The details of how we calculate the intrinsic value of stocks are described in detail here.
This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.
* 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.
What does a Intrinsic Value: Projected FCF of £1.74 mean?
Lloyds Banking Group (CHIX:LLOYL) has a Intrinsic Value: Projected FCF of £1.74 as of Sep. 05, 2026. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Lloyds Banking Group and its competitors. According to the industry distribution chart, Lloyds Banking Group ranks #706 out of 1301 companies in the Banks industry, placing it in the top 54.3%.
Is Lloyds Banking Group's Intrinsic Value: Projected FCF too high?
Lloyds Banking Group's current Intrinsic Value: Projected FCF is £1.74. Based on the distribution chart, Lloyds Banking Group ranks #706 out of 1301 companies in the Banks industry, which is below the industry midpoint. Overall, Lloyds Banking Group has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lloyds Banking Group's Intrinsic Value: Projected FCF compare to competitors?
According to the Banks industry distribution chart, Lloyds Banking Group ranks #706 out of 1301 companies for Intrinsic Value: Projected FCF. This places Lloyds Banking Group in the lower half of its industry. The industry median Intrinsic Value: Projected FCF is 0.60. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Intrinsic Value: Projected FCF for a Banks company?
The median Intrinsic Value: Projected FCF among Banks companies is 0.60, based on 1,301 companies in the industry. Companies in the top quartile (top 25%) have a Intrinsic Value: Projected FCF significantly above this median, while those in the bottom quartile fall well below. However, Intrinsic Value: Projected FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Intrinsic Value: Projected FCF mean?
A high Intrinsic Value: Projected FCF can signal that a stock is expensive relative to its fundamentals. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Lloyds Banking Group and its competitors. For the Banks industry, the median Intrinsic Value: Projected FCF is 0.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lloyds Banking Group's current Intrinsic Value: Projected FCF is £1.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lloyds Banking Group stock overvalued right now?
Based on GuruFocus' analysis, Lloyds Banking Group (CHIX:LLOYL) is currently considered Significantly Overvalued. The stock's GF Value™ is £0.79, compared to a current price of £1.12 — trading 41.9% above its estimated fair value. The current Intrinsic Value: Projected FCF is £1.74. Lloyds Banking Group's overall GF Score™ is 54/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Intrinsic Value: Projected FCF calculated?
Intrinsic Value: Projected FCF is calculated from a company's financial statements. For Lloyds Banking Group (CHIX:LLOYL), the current Intrinsic Value: Projected FCF is £1.74 as of Sep. 05, 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 Lloyds Banking Group (CHIX:LLOYL) Overvalued in 2026?
Based on GuruFocus' analysis, Lloyds Banking Group stock appears to be overvalued.
The current stock price of £1.12 is trading 41.9% above its estimated GF Value™ of £0.79.
GuruFocus considers Lloyds Banking Group to be Significantly Overvalued.
Key valuation signals for CHIX:LLOYL:
Intrinsic Value: Projected FCF: £1.74
GF Value™: £0.79 vs. price of £1.12 (41.9% above fair value)
No single metric tells the full story. See the CHIX:LLOYL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lloyds is a retail and commercial bank headquartered in the United Kingdom. The bank operates via three business segments: retail, commercial banking, and insurance and wealth. In retail, Lloyds offers primarily mortgages (66% of loan portfolio), credit cards, and current accounts to its customers. Its commercial banking operation provides lending, transaction banking, working capital management, and debt capital market services to large companies and financial institutions in the UK. Insurance and wealth round out the product lineup with life and property insurance as well as pension solutions and high-net-worth asset management services.
54GF Score
Get the complete analysis for CHIX:LLOYL
Intrinsic Value: Projected FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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