LLESF (Lendlease Group) Intrinsic Value: Projected FCF: $1.08 (As of Aug. 18, 2026) — 22% Below Median

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Director of Data and Quant Analytics at GuruFocus
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LLESF Lendlease Group LLESF
51 GF Score
Price $2.10
GF Value $3.00
Valuation Possible Value Trap
! 5 Warning Signs
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What is Lendlease Group Intrinsic Value: Projected FCF?

Lendlease Group LLESF 51 Intrinsic Value: Projected FCF is $1.08 as of Aug. 18, 2026, which is 22% below its 10-year median of 1.38. GuruFocus rates LLESF with a GF Score™ of 51/100 and a GF Value™ of $3.00 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,277 Real Estate companies, Lendlease Group ranks worse than 85.51% 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 (2026-08-18), Lendlease Group's Intrinsic Value: Projected FCF is $1.08. The stock price of Lendlease Group is $2.10. Therefore, Lendlease Group's Price-to-Intrinsic-Value-Projected-FCF of today is 1.9.

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

LLESF' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 1.13   Med: 1.38   Max: 3.64
Current: 1.94

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Lendlease Group was 3.64. The lowest was 1.13. And the median was 1.38.

LLESF's Price-to-Projected-FCF is ranked worse than
85.51% of 1277 companies
in the Real Estate industry
Industry Median: 0.62 vs LLESF: 1.94

Lendlease Group  (OTCPK:LLESF) 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.

Lendlease 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
=2.10/-0.70844463378237
=

* 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.


Lendlease Group Intrinsic Value: Projected FCF Related Terms


Lendlease Group Intrinsic Value: Projected FCF Historical Data

* Premium members only.

The historical data trend for Lendlease 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.

Lendlease Group Intrinsic Value: Projected FCF Chart

Lendlease Group Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25 Jun26
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.59 2.94 1.69 1.06 0.00

Lendlease Group Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 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 1.69 0.00 1.06 0.00 0.00

Lendlease Group Intrinsic Value: Projected FCF Competitor Comparison

For the Real Estate - Diversified subindustry, Lendlease 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.


Lendlease Group Price-to-Projected-FCF vs Real Estate Industry

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

* The bar in red indicates where Lendlease Group's Price-to-Projected-FCF falls into.


LLESF
51GF Score
Lendlease Group LLESF
Intrinsic Value: Projected FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lendlease 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.

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 Lendlease Group's Free Cash Flow(6 year avg) = $-335.60.

Lendlease Group'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)
=(9.5203515959648*-335.6+3390.724*0.8)/681.000
=-0.71

* 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 $1.08 mean?
Lendlease Group (LLESF) has a Intrinsic Value: Projected FCF of $1.08 as of Aug. 18, 2026. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Lendlease Group and its competitors. This is 22% below median its historical median of 1.38. Over the past decade, Lendlease Group's Intrinsic Value: Projected FCF has ranged from 1.13 to 3.64. According to the industry distribution chart, Lendlease Group ranks #1092 out of 1277 companies in the Real Estate industry, placing it in the top 85.5%.
Is Lendlease Group's Intrinsic Value: Projected FCF too high?
Lendlease Group's current Intrinsic Value: Projected FCF of $1.08 is 22% below median its 10-year median of 1.38. Over the past 10 years, this metric has ranged from a low of 1.13 to a high of 3.64. The Real Estate industry median Intrinsic Value: Projected FCF is 0.62. Lendlease Group's value of $1.08 is 74.2% above this industry median. Based on the distribution chart, Lendlease Group ranks #1092 out of 1277 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Lendlease Group has a GF Score™ of 51/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Lendlease Group's Intrinsic Value: Projected FCF compare to competitors?
According to the Real Estate industry distribution chart, Lendlease Group ranks #1092 out of 1277 companies for Intrinsic Value: Projected FCF. This places Lendlease Group in the lower half of its industry. The industry median Intrinsic Value: Projected FCF is 0.62. Lendlease Group's value of $1.08 is 74.2% above this benchmark. Historically, Lendlease Group's own Intrinsic Value: Projected FCF has ranged from 1.13 to 3.64 over the past decade. While the company's 10-year median is 1.38 vs. the industry median of 0.62, Lendlease 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 Intrinsic Value: Projected FCF for a Real Estate company?
The median Intrinsic Value: Projected FCF among Real Estate companies is 0.62, based on 1,277 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. Lendlease Group's current Intrinsic Value: Projected FCF of $1.08 is 74.2% 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 Lendlease Group 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. Lendlease Group's current Intrinsic Value: Projected FCF is $1.08, which is 22% below median its own 10-year median of 1.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lendlease Group stock overvalued right now?
Based on GuruFocus' analysis, Lendlease Group (LLESF) is currently considered Possible Value Trap. The stock's GF Value™ is $3.00, compared to a current price of $2.10 — trading 30% below its estimated fair value. The current Intrinsic Value: Projected FCF is $1.08, which is 22% below median its 10-year median of 1.38 and 74.2% above the Real Estate industry median of 0.62. Lendlease Group's overall GF Score™ is 51/100 with 5 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 Lendlease Group (LLESF), the current Intrinsic Value: Projected FCF is $1.08 as of Aug. 18, 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 Lendlease Group (LLESF) Overvalued in 2026?

Based on GuruFocus' analysis, Lendlease Group stock appears to be undervalued. The current stock price of $2.10 is trading 30% below its estimated GF Value™ of $3.00. GuruFocus considers Lendlease Group to be Possible Value Trap.

Key valuation signals for LLESF:

  • Intrinsic Value: Projected FCF: $1.08 (22% below median its 10-year median of 1.38)
  • GF Value™: $3.00 vs. price of $2.10 (30% below fair value)
  • GF Score™: 51/100 with 5 warning signs
  • Industry Position: 74.2% above the Real Estate median (#1092 of 1277)

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


Lendlease Group Business Description

Address 300 Barangaroo Avenue, Level 14, Tower Three, International Towers Sydney, Exchange Place, Barangaroo, Sydney, NSW, AUS, 2000
Lendlease has three segments: investments, development, and construction. Lendlease operates locally and overseas across all three segments. However, in the future, its development and construction businesses will be solely in Australia, while the investment management platform will maintain exposure to international real estate assets. Historically, the investments segment contributed about one-third of group EBITDA, development around half, and construction the remaining. The group is targeting an earnings mix between investments/development/construction of 50%/35%/15% post the current restructure, shifting more weights to the defensive and higher margin investments segment. Sales proceeds from asset divestments will primarily be used to repay debt and buy back securities.
51GF Score

Get the complete analysis for LLESF

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

$2.10
Price
$3.00
GF Value