LSGOF (Land Securities Group) Intrinsic Value: Projected FCF: $12.90 (As of Aug. 29, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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LSGOF Land Securities Group PLC LSGOF
65 GF Score
Price $9.72
GF Value $7.72
Valuation Modestly Overvalued
! 8 Warning Signs
View Full Analysis

What is Land Securities Group Intrinsic Value: Projected FCF?

Land Securities Group LSGOF 65 Intrinsic Value: Projected FCF is $12.90 as of Aug. 29, 2026. GuruFocus rates LSGOF with a GF Score™ of 65/100 and a GF Value™ of $7.72 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 615 REITs companies, Land Securities Group ranks worse than 58.7% 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 (2026-08-29), Land Securities Group's Intrinsic Value: Projected FCF is $12.90. The stock price of Land Securities Group is $9.72. Therefore, Land Securities Group's Price-to-Intrinsic-Value-Projected-FCF of today is 0.8.

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

LSGOF' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.41   Med: 0.61   Max: 0.82
Current: 0.75

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Land Securities Group was 0.82. The lowest was 0.41. And the median was 0.61.

LSGOF's Price-to-Projected-FCF is ranked worse than
58.7% of 615 companies
in the REITs industry
Industry Median: 0.65 vs LSGOF: 0.75

Land Securities Group  (OTCPK:LSGOF) 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.

Land Securities 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
=9.72/12.038295198721
=0.81

* 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 Intrinsic Value: Projected FCF Related Terms


Land Securities Group Intrinsic Value: Projected FCF Historical Data

* Premium members only.

The historical data trend for Land Securities 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.

Land Securities Group Intrinsic Value: Projected FCF Chart

Land Securities Group Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.27 13.91 12.80 12.55 11.84

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
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 12.80 0.00 12.55 0.00 11.84

LSGOF vs VICI, WPC: Intrinsic Value: Projected FCF Comparison

For the REIT - Diversified subindustry, Land Securities 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.


Land Securities Group Price-to-Projected-FCF vs REITs Industry

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

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


LSGOF
65GF Score
Land Securities Group PLC LSGOF
Intrinsic Value: Projected FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Land Securities 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 Land Securities Group's Free Cash Flow(6 year avg) = $212.16.

Land Securities 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 (Mar26)*0.8)/Shares Outstanding (Diluted Average)
=(9.5203515959648*212.15671428571+8716*0.8)/747.000
=12.04

* 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 $12.90 mean?
Land Securities Group (LSGOF) has a Intrinsic Value: Projected FCF of $12.90 as of Aug. 29, 2026. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Land Securities Group and its competitors. According to the industry distribution chart, Land Securities Group ranks #361 out of 615 companies in the REITs industry, placing it in the top 58.7%.
Is Land Securities Group's Intrinsic Value: Projected FCF too high?
Land Securities Group's current Intrinsic Value: Projected FCF is $12.90. The REITs industry median Intrinsic Value: Projected FCF is 0.65. Land Securities Group's value of $12.90 is 1884.6% above this industry median. Based on the distribution chart, Land Securities Group ranks #361 out of 615 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 Intrinsic Value: Projected FCF compare to VICI and WPC?
According to the REITs industry distribution chart, Land Securities Group ranks #361 out of 615 companies for Intrinsic Value: Projected FCF. This places Land Securities Group in the lower half of its industry. The industry median Intrinsic Value: Projected FCF is 0.65. Land Securities Group's value of $12.90 is 1884.6% 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 REITs company?
The median Intrinsic Value: Projected FCF among REITs companies is 0.65, based on 615 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. Land Securities Group's current Intrinsic Value: Projected FCF of $12.90 is 1884.6% 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 Land Securities Group and its competitors. For the REITs industry, the median Intrinsic Value: Projected FCF is 0.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Land Securities Group's current Intrinsic Value: Projected FCF is $12.90. 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 (LSGOF) is currently considered Modestly Overvalued. The stock's GF Value™ is $7.72, compared to a current price of $9.72 — trading 25.9% above its estimated fair value. The current Intrinsic Value: Projected FCF is $12.90 and 1884.6% above the REITs industry median of 0.65. 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 Intrinsic Value: Projected FCF calculated?
Intrinsic Value: Projected FCF is calculated from a company's financial statements. For Land Securities Group (LSGOF), the current Intrinsic Value: Projected FCF is $12.90 as of Aug. 29, 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 (LSGOF) Overvalued in 2026?

Based on GuruFocus' analysis, Land Securities Group stock appears to be overvalued. The current stock price of $9.72 is trading 25.9% above its estimated GF Value™ of $7.72. GuruFocus considers Land Securities Group to be Modestly Overvalued.

Key valuation signals for LSGOF:

  • Intrinsic Value: Projected FCF: $12.90
  • GF Value™: $7.72 vs. price of $9.72 (25.9% above fair value)
  • GF Score™: 65/100 with 8 warning signs
  • Industry Position: 1884.6% above the REITs median (#361 of 615)

No single metric tells the full story. See the LSGOF 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 LSGOF

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

$9.72
Price
$7.72
GF Value