
427.00 USD (+43.9%)
10 analysts
What does it do?
Jones Lang LaSalle (JLL) is a global real estate services company offering property management, leasing, asset sales, consulting, and investment management for corporate and institutional clients.
Key points
from its scores- ✓Very solid balance sheet8.7
- ✓Strong growth7.6
- ✓Good share-price trend7.6
- ✕Little or no dividend0.5
- ✕Unfavourable risk and backdrop4.2
AI analysis
bottom line, main risk, context and newsThe solid financial position and strong growth justify the score, but the rising rate environment and moderate momentum suggest waiting for a better entry point.
JLL shows solid financial health (Net Debt/EBITDA of 1.64) and exceptional earnings growth of 97.80%, although this could be moderated by the rising rate environment in the US that pressures real estate activity. Its valuation is reasonable (P/B 1.83, FCF yield 10.99%), but momentum is moderate (27th percentile in 52 weeks).
The main risk is the sensitivity of the real estate services business to a rising interest rate environment in the US, which could cool transaction and leasing activity and slow earnings growth.
Context and risks
JLL operates in the real estate services sector, a business sensitive to interest rates. The recent rise in long-term US rates (10-year Treasury at 5.28%) pressures the valuation of real estate assets and may cool transaction and leasing activity, although its services model is less capital-intensive than a traditional REIT. Its balance sheet position is solid (Net Debt/EBITDA of 1.64), mitigating the direct impact of higher debt costs.
Is Jones Lang LaSalle stock cheap or expensive?
at the analysis dateOn P/E and Price / book, it trades in line with the Real Estate median (within 15%).
| Multiple | Company | Sector | Difference |
|---|---|---|---|
| P/E | 14.2 | 21.6 | −34% |
| EV / EBITDA | 10.0 | 18.5 | −46% |
| Price / book | 1.8 | 1.4 | +28% |
| Price / sales | 0.5 | 6.3 | −92% |
Sector: median of the 100 Real Estate companies analysed. In bold, the multiples used for the comparison.
Valuation score: 7.0 out of 10 (median for Real Estate: 4.9).
Average analyst target: 427.00 USD, +43.9% versus the price.
Classic formulas with standard assumptions (10.0% growth, 8-9% discount rate). Indicative only: they change a lot with the assumptions and are not a recommendation.
Work out its fair value yourself →How much would you have made investing every month? →
Comparing it with its sector does not say whether it is a good buy: this is not investment advice.
Score by category
0 to 10 · hover overtap each one to see what it measuresKey metrics
at the analysis date · compared with the Real Estate medianValuation
- P/E
- 14.2
- Forward P/E
- 10.4
- EV / EBITDA
- 10.0
- Price / book
- 1.8
- Price / sales
- 0.5
- PEG
- 0.63
- Market cap
- 13.6B USD
- Enterprise value
- 16.9B USD
Profitability
- ROE
- 13.5%
- ROA
- 4.8%
- ROIC (approx.)
- 11.7%
- Gross margin
- 51.2%
- Operating margin
- 4.6%
- Net margin
- 3.6%
- Free cash flow
- 1.5B USD
- FCF yield
- 11.0%
- Cash conversion
- 89%
Solvency
- Total debt
- 3.2B USD
- Net debt
- 2.8B USD
- Cash
- 458.2M USD
- EBITDA
- 1.7B USD
- Net debt / EBITDA
- 1.64
- Debt / equity
- 42.35
- Current ratio
- 1.13
- Quick ratio
- 0.88
Growth
- Revenue growth
- +10.8%
- Earnings growth
- +97.8%
- EPS (TTM)
- 20.85 USD
- EPS (forward)
- 28.47 USD
Dividend
- Dividend yield
- 0.0%
- Payout
- 0.0%
Risk and market
- Beta
- 1.30
- Analyst consensus
- Buy (10)
- Target price
- 427.00 USD
- 52-week range
- 259.83 – 393.84
Recent news
All JLL news →Compare it with its sector
All 100 in Real Estate →Frequently asked questions about Jones Lang LaSalle
Is Jones Lang LaSalle stock cheap or expensive?
On P/E and Price / book, it trades in line with the Real Estate median (within 15%). Valuation score: 7.0 out of 10 (median for Real Estate: 4.9). Average analyst target: 427.00 USD, +43.9% versus the price. This is not investment advice.
What score does Jones Lang LaSalle get on MeridIAn Screener?
It scores 5.6 out of 10, rank 1,339 of 2,130 (better than 35% of the companies analysed). Its strongest category is Financial health (8.7) and its weakest, Dividend (0.5). Analysis of 08/10/2026.
What is Jones Lang LaSalle's P/E ratio?
Its P/E is 14.2: the share price equals 14.2 times earnings per share over the last 12 months. The Real Estate median is 21.6. Based on the earnings analysts expect, the forward P/E is 10.4.
How much is Jones Lang LaSalle worth on the stock market?
Its market capitalisation is 13.6B USD.
Does Jones Lang LaSalle pay a dividend?
It pays no dividend, or almost none.
How has Jones Lang LaSalle stock performed over the last year?
It has risen 4.7% over the last year, excluding dividends. Over the last 52 weeks it has traded between 259.83 and 393.84 USD. Past performance does not guarantee future results.
What do analysts think of Jones Lang LaSalle?
10 analysts cover it; their average recommendation is “Buy” and their average target is 427.00 USD (+43.9% versus the price). It is an estimate, not market data.
