# LSL Property Services plc (LSL.L) fundamentals

Data as of 2026-09-08. LSE, United Kingdom. Sector: Real Estate / Real Estate Management & Development. Price 272p, market value 265 millionp.

## Valuation
- **P/E (trailing): 17.0×** (5-yr avg 1374.6×, 3-yr avg 1715.0×). LSL Property Services plc trades at 17.0× trailing earnings, well below its own five-year average of 1374.6×: cheap by its own standards. The Real Estate median in the September 2026 study was 25.2×. Forward P/E is 9.0×, lower than trailing, so analysts expect earnings to grow.
- **Price / sales: 0.7×**. Each dollar of revenue is priced at 0.7×, a low multiple typical of thin-margin businesses or out-of-favour stocks.
- **Price / book: 3.4×**. The shares trade at 3.4× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 4.0×**. Enterprise value is 4.0× operating earnings before depreciation, the multiple that ignores how the company is financed; below 8× is inexpensive for most sectors.
- **Free-cash-flow yield: 18.5%** (5-yr avg 0.1%). Free cash flow equals 18.5% of the market value, above its five-year average of 0.1%, so the shares are cheaper on cash than they have usually been. Above 5% is generally attractive.
- **Earnings yield: 5.9%**. The inverse of the P/E: 5.9% of the price is earned each year.

## Profitability
- **Gross margin: 73.8%**. LSL Property Services plc keeps 73.8% of revenue after the direct cost of what it sells, the kind of margin that comes with software, brands or pricing power.
- **Operating margin: 13.9%**. 13.9% of revenue is left after running the business.
- **Net margin: 9.2%**. 9.2% of each dollar of sales reaches the bottom line.
- **Return on equity: 20.7%**. 20.7% on shareholders' equity is excellent if it is not driven by leverage; sustained above 20% usually signals a competitive advantage.
- **Return on invested capital: 61.9%**. Return on all capital, debt included, is 61.9%: comfortably above what that capital costs.
- **Return on assets: 19.0%**. Each dollar of assets produces 19.0% of profit.

## Growth
- **Revenue growth (1 yr): 6.3%** (3-yr -5.4%/yr, 5-yr -7.2%/yr). Revenue grew 6.3% over the last year, against -7.2% a year compounded over five years: growth is accelerating.
- **EPS growth (1 yr): -5.9%** (5-yr 0.0%/yr). Earnings per share fell 5.9%, slower than revenue, so margins compressed.
- **Free-cash-flow growth (3 yr): 1.7%/yr**. Free cash flow has compounded at 1.7% a year over three years.

## Financial health
- **Debt to equity: 0.56**. Debt is 0.56 times equity, moderate leverage.
- **Net debt / EBITDA: net cash**. LSL Property Services plc holds more cash than debt.
- **Interest coverage: 47.4×**. Operating profit covers interest 47.4× over, a safe margin.
- **Current ratio: 2.25** (quick 2.25). Current assets cover the next year's liabilities 2.25 times.
- **Altman Z-score: 4.06**. A Z-score of 4.06 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 5/9**. 5 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 4.25%** (0p per share, trailing). LSL Property Services plc yields 4.25%, an income-level yield.
- **Payout ratio: 69%** (48% of free cash flow). 69% of earnings goes out as dividends, leaving room to keep raising it.
- **Consecutive years of increases: 5**. 5 straight years of increases.
- **Shareholder yield: 6.4%**. Dividends plus net buybacks return 6.4% of the market value a year.

## Price and momentum
- **Total return (1 yr): -1.0%** (YTD 5.4%, 3-mo 31.3%). The shares are down 1.0% over twelve months including dividends.
- **From 52-week high: -8.9%** (33.1% above the low). Trading 9% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 63**. An RSI of 63 is neutral.
- **Beta (1 yr): 0.37** (volatility 27%). Beta of 0.37 against the FTSE All-Share: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=LSL.L · Page: https://foliofundamentals.com/stocks/lsl.l

Not investment advice.