JLL (Jones Lang LaSalle) Intrinsic Value: Projected FCF: $304.55 (As of Sep. 04, 2026)

Author: Vera Yuan Vera Yuan
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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.
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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.

JLL Jones Lang LaSalle Inc JLL
90 GF Score
Price $362.23
GF Value $319.21
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is Jones Lang LaSalle Intrinsic Value: Projected FCF?

Jones Lang LaSalle JLL -0.02% 90 Intrinsic Value: Projected FCF is $304.55 as of Sep. 04, 2026. GuruFocus rates JLL with a GF Score™ of 90/100 and a GF Value™ of $319.21 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,275 Real Estate companies, Jones Lang LaSalle ranks worse than 72.86% on this metric.

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.

As of today (2026-09-04), Jones Lang LaSalle's Intrinsic Value: Projected FCF is $304.55. The stock price of Jones Lang LaSalle is $362.23. Therefore, Jones Lang LaSalle's Price-to-Intrinsic-Value-Projected-FCF of today is 1.2.

The historical rank and industry rank for Jones Lang LaSalle's Intrinsic Value: Projected FCF or its related term are showing as below:

JLL' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.5   Med: 0.98   Max: 1.34
Current: 1.19

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Jones Lang LaSalle was 1.34. The lowest was 0.50. And the median was 0.98.

JLL's Price-to-Projected-FCF is ranked worse than
72.86% of 1275 companies
in the Real Estate industry
Industry Median: 0.62 vs JLL: 1.19

Jones Lang LaSalle  (NYSE:JLL) 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.

Jones Lang LaSalle's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=362.23/304.54773098356
=1.19

* 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.


Jones Lang LaSalle Intrinsic Value: Projected FCF Related Terms


Jones Lang LaSalle Intrinsic Value: Projected FCF Historical Data

* Premium members only.

The historical data trend for Jones Lang LaSalle'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.

Jones Lang LaSalle Intrinsic Value: Projected FCF Chart

Jones Lang LaSalle Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 255.87 218.82 218.64 240.62 309.00

Jones Lang LaSalle Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Intrinsic Value: Projected FCF 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 230.59 258.10 309.00 254.40 304.55

JLL vs BEKE, CSGP, COMP: Intrinsic Value: Projected FCF Comparison

For the Real Estate Services subindustry, Jones Lang LaSalle'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.


Jones Lang LaSalle Price-to-Projected-FCF vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Jones Lang LaSalle's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where Jones Lang LaSalle's Price-to-Projected-FCF falls into.


JLL
90GF Score
Jones Lang LaSalle Inc JLL
Intrinsic Value: Projected FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Jones Lang LaSalle 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.

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + 0.8 * Total Stockholders Equity (most recent) ) / Shares Outstanding (Diluted Average)

In the case of negative Total Stockholders Equity, the following formula is used (see Explanation section below for the reason):

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + Total Stockholders Equity (most recent) / 0.8 ) / Shares Outstanding (Diluted Average)


Add all the Free Cash Flow together and divide 6 will get Jones Lang LaSalle's Free Cash Flow(6 year avg) = $629.07.

Jones Lang LaSalle's Intrinsic Value: Projected FCF for today is calculated as

Intrinsic Value: Projected FCF=(Growth Multiple*Free Cash Flow (6 year avg)+Total Stockholders Equity (Jun26)*0.8)/Shares Outstanding (Diluted Average)
=(13.228282734574*629.072+7461.7*0.8)/46.925
=304.55

* 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 $304.55 mean?
Jones Lang LaSalle (JLL) has a Intrinsic Value: Projected FCF of $304.55 as of Sep. 04, 2026. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Jones Lang LaSalle and its competitors. According to the industry distribution chart, Jones Lang LaSalle ranks #929 out of 1275 companies in the Real Estate industry, placing it in the top 72.9%.
Is Jones Lang LaSalle's Intrinsic Value: Projected FCF too high?
Jones Lang LaSalle's current Intrinsic Value: Projected FCF is $304.55. The Real Estate industry median Intrinsic Value: Projected FCF is 0.62. Jones Lang LaSalle's value of $304.55 is 49021% above this industry median. Based on the distribution chart, Jones Lang LaSalle ranks #929 out of 1275 companies in the Real Estate industry, which is below the industry midpoint. Overall, Jones Lang LaSalle has a GF Score™ of 90/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Jones Lang LaSalle's Intrinsic Value: Projected FCF compare to BEKE and CSGP?
According to the Real Estate industry distribution chart, Jones Lang LaSalle ranks #929 out of 1275 companies for Intrinsic Value: Projected FCF. This places Jones Lang LaSalle in the lower half of its industry. The industry median Intrinsic Value: Projected FCF is 0.62. Jones Lang LaSalle's value of $304.55 is 49021% above this benchmark. 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 Real Estate company?
The median Intrinsic Value: Projected FCF among Real Estate companies is 0.62, based on 1,275 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. Jones Lang LaSalle's current Intrinsic Value: Projected FCF of $304.55 is 49021% 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 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 Jones Lang LaSalle and its competitors. For the Real Estate industry, the median Intrinsic Value: Projected FCF is 0.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jones Lang LaSalle's current Intrinsic Value: Projected FCF is $304.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jones Lang LaSalle stock overvalued right now?
Based on GuruFocus' analysis, Jones Lang LaSalle (JLL) is currently considered Modestly Overvalued. The stock's GF Value™ is $319.21, compared to a current price of $362.23 — trading 13.5% above its estimated fair value. The current Intrinsic Value: Projected FCF is $304.55 and 49021% above the Real Estate industry median of 0.62. Jones Lang LaSalle's overall GF Score™ is 90/100 with 6 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 Jones Lang LaSalle (JLL), the current Intrinsic Value: Projected FCF is $304.55 as of Sep. 04, 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 Jones Lang LaSalle (JLL) Overvalued in 2026?

Based on GuruFocus' analysis, Jones Lang LaSalle stock appears to be overvalued. The current stock price of $362.23 is trading 13.5% above its estimated GF Value™ of $319.21. GuruFocus considers Jones Lang LaSalle to be Modestly Overvalued.

Key valuation signals for JLL:

  • Intrinsic Value: Projected FCF: $304.55
  • GF Value™: $319.21 vs. price of $362.23 (13.5% above fair value)
  • GF Score™: 90/100 with 6 warning signs
  • Industry Position: 49021% above the Real Estate median (#929 of 1275)

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


Jones Lang LaSalle Business Description

Other Exchanges 0JPB:UK4J2:Germany
Address 200 East Randolph Drive, Chicago, IL, USA, 60601
Jones Lang LaSalle provides a wide range of real estate-related services to owners, occupiers, and investors worldwide, including leasing, property and project management, and capital markets advisory. JLL's investment management arm, LaSalle Investment Management, manages over $86 billion for clients across diverse public and private real estate strategies as of the end of 2025.
90GF Score

Get the complete analysis for JLL

Intrinsic Value: Projected FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$362.23
Price
$319.21
GF Value