Lendlease GroupLLESY 49 Beneish M-Score is -2.19 as of Jun. 25, 2026. GuruFocus rates LLESY with a GF Score™ of 49/100 and a GF Value™ of $3.29 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,682 Real Estate companies, Lendlease Group ranks worse than 60.7% on this metric.
The zones of discrimination for M-Score is as such:
An M-Score of equal or less than -1.78 suggests that the company is unlikely to be a manipulator.
An M-Score of greater than -1.78 signals that the company is likely to be a manipulator.
Good Sign:
Beneish M-Score -2.19 no higher than -1.78, which implies that the company is unlikely to be a manipulator.
The historical rank and industry rank for Lendlease Group's Beneish M-Score or its related term are showing as below:
LLESY'
s Beneish M-Score Range Over the Past 10 Years
Min: -2.96 Med: -2.41 Max: -2.06
Current: -2.19
During the past 13 years, the highest Beneish M-Score of Lendlease Group was -2.06. The lowest was -2.96. And the median was -2.41.
Lendlease Group Beneish M-Score Related Terms
Lendlease Group Beneish M-Score Historical Data
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The historical data trend for Lendlease Group's Beneish M-Score 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 Beneish M-Score Competitor Comparison
For the Real Estate - Diversified subindustry, Lendlease Group's Beneish M-Score, along with its competitors' market caps and Beneish M-Score 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 Beneish M-Score vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Lendlease Group's Beneish M-Score distribution charts can be found below:
* The bar in red indicates where Lendlease Group's Beneish M-Score falls into.
The M-score was created by Professor Messod Beneish. Instead of measuring the bankruptcy risk (Altman Z-Score) or business trend (Piotroski F-Score), M-score can be used to detect the risk of earnings manipulation. This is the original research paper on M-score.
The M-Score Variables:
The M-score of Lendlease Group for today is based on a combination of the following eight different indices:
M
=
-4.84
+
0.92 * DSRI
+
0.528 * GMI
+
0.404 * AQI
+
0.892 * SGI
+
0.115 * DEPI
=
-4.84
+
0.92 * 1.0291
+
0.528 * 1.5843
+
0.404 * 1.2199
+
0.892 * 0.8087
+
0.115 * 0.9038
-
0.172 * SGAI
+
4.679 * TATA
-
0.327 * LVGI
-
0.172 * 1.2945
+
4.679 * 0.012382
-
0.327 * 0.9178
=
-2.20
* 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.
Sales growth is not itself a measure of manipulation. However, growth companies are likely to find themselves under pressure to manipulate in order to keep up appearances.
DEPI greater than 1 indicates that assets are being depreciated at a slower rate. This suggests that the firm might be revising useful asset life assumptions upwards, or adopting a new method that is income friendly.
DEPI
=
(Depreciation_t-1 / (Depreciaton_t-1 + PPE_t-1))
/
(Depreciation_t / (Depreciaton_t + PPE_t))
=
(81.009 / (81.009 + 117.53))
/
(60.547 / (60.547 + 73.568))
=
0.408026
/
0.451456
=
0.9038
Note: If the Depreciation, Depletion and Amortization data is not available, we assume that the depreciation rate is constant and set the Depreciation Index to 1.
6. SGAI = Sales, General and Administrative expenses Index
Total accruals calculated as the change in working capital accounts other than cash less depreciation.
TATA
=
(IncomefromContinuingOperations_t
-
CashFlowsfromOperations_t)
/
TotalAssets_t
=
(NetIncome_t - NonOperatingIncome_t
-
CashFlowsfromOperations_t)
/
TotalAssets_t
=
(146.484 - 537.109
-
-504.557)
/
9201.172
=
0.012382
An M-Score of equal or less than -1.78 suggests that the company is unlikely to be a manipulator. An M-Score of greater than -1.78 signals that the company is likely to be a manipulator.
Lendlease Group has a M-score of -2.20 suggests that the company is unlikely to be a manipulator.
Lendlease Group (LLESY) has a Beneish M-Score of -2.19 as of Jun. 25, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Lendlease Group and its competitors. According to the industry distribution chart, Lendlease Group ranks #1021 out of 1682 companies in the Real Estate industry, placing it in the top 60.7%.
Is Lendlease Group's Beneish M-Score too high?
Lendlease Group's current Beneish M-Score is -2.19. Based on the distribution chart, Lendlease Group ranks #1021 out of 1682 companies in the Real Estate industry, which is below the industry midpoint. Overall, Lendlease Group has a GF Score™ of 49/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Lendlease Group's Beneish M-Score compare to competitors?
According to the Real Estate industry distribution chart, Lendlease Group ranks #1021 out of 1682 companies for Beneish M-Score. This places Lendlease Group in the lower half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beneish M-Score for a Real Estate company?
A good Beneish M-Score depends on the Real Estate industry context. However, Beneish M-Score 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 Beneish M-Score mean?
A high Beneish M-Score can signal that a stock is expensive relative to its fundamentals. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Lendlease Group and its competitors. Lendlease Group's current Beneish M-Score is -2.19. 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 (LLESY) is currently considered Possible Value Trap. The stock's GF Value™ is $3.29, compared to a current price of $1.81 — trading 45% below its estimated fair value. The current Beneish M-Score is -2.19. Lendlease Group's overall GF Score™ is 49/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beneish M-Score calculated?
Beneish M-Score is calculated from a company's financial statements. For Lendlease Group (LLESY), the current Beneish M-Score is -2.19 as of Jun. 25, 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 (LLESY) Overvalued in 2026?
Based on GuruFocus' analysis, Lendlease Group stock appears to be undervalued.
The current stock price of $1.81 is trading 45% below its estimated GF Value™ of $3.29.
GuruFocus considers Lendlease Group to be Possible Value Trap.
Key valuation signals for LLESY:
Beneish M-Score: -2.19
GF Value™: $3.29 vs. price of $1.81 (45% below fair value)
No single metric tells the full story. See the LLESY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
49GF Score
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