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STOCK COMPARISON

Lendlease Global Commercial REIT vs Goodman: Fair Value & Quality

Both stocks run through our valuation models. Here is how Lendlease Global Commercial REIT (JYEU) and Goodman (GMG) compare, as of Aug 19, 2026.

As of Aug 19, 2026, Fair Value Calculator sees Lendlease Global Commercial REIT as the less overvalued of the two: Lendlease Global Commercial REIT trades at S$0.56 versus a fair value of S$0.44 (-21%), while Goodman trades at A$29.22 versus A$7.37 (-75%).
Lendlease Global Commercial REIT
JYEU.SG · SGD · Real Estate
-21%
upside to fair value
overvalued
PriceS$0.56
Fair ValueS$0.44
Quality61/100
Goodman
GMG.AU · AUD · Real Estate
-75%
upside to fair value
overvalued
PriceA$29.22
Fair ValueA$7.37
Quality61/100
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Head-to-head numbers

Green value = the better side for that row (for valuation multiples: lower = cheaper).

Lendlease Global Commercial REITGoodman
Valuation
18.7×P/E (TTM)35.5×
6.90×P/S (TTM)14.03×
0.70×P/B1.87×
19.5×EV/EBITDA24.6×
PEG2.72×
6.5%Dividend yield1.0%
S$0.04Dividend per shareA$0.30
Profitability
43%Net margin55%
67%Operating margin56%
4%Return on equity8%
2%Return on assets4%
Growth
12%Revenue growth (YoY)-16%
26.7%Avg. growth/yr (3Y)2.4%
30.0%Avg. growth/yr (5Y)8.1%
Balance & size
0.62×Debt / equity0.20×
$2BMarket cap$43B
mixedGrowth qualityhealthy

Lendlease Global Commercial REIT leads: 9 to 4 metric wins.

Dash = not meaningfully computable, for example with negative equity.

Quality in detail

The quality score, broken down into the same factor families as on the stock page, 0 to 100 per family.

Lendlease Global Commercial REITof which business quality 58 · market factors 54 Goodmanof which business quality 61 · market factors 38
ProfitabilityMargins and returns on capital today
32
38
Quality GrowthAre margins and returns improving?
43
62
CashflowEarnings quality: real cash, not paper profit
98
76
Fin. StrengthBalance sheet, leverage, solvency risk
41
74
InvestmentDisciplined investing over empire-building
87
57
Low VolatilityCalm price path (market factor)
93
64
MomentumPrice trend over the last 3–12 months (market factor)
38
29
52W MomentumDistance to the 52-week high (market factor)
39
26
Net IssuanceBuybacks instead of dilution
56
55

What the models say

The median fair value (base case) per model family, each in the currency of its trading venue. Green = above the current price, red = below.

Lendlease Global Commercial REIT

DCF ModelsS$0.50
MultiplesS$0.36
Asset-BasedS$0.43
Growth DCFS$0.55
Economic ProfitS$0.42

12 of 13 models see the stock below the current price.

Goodman

DCF ModelsA$7.40
Dividend DiscountA$4.92
MultiplesA$6.55
Asset-BasedA$7.64
Growth DCFA$8.19
Economic ProfitA$9.80

16 of 16 models see the stock below the current price.

Scenario ranges

From our cautious bear case to the optimistic bull case. The white tick is the current price: left of fair value means room to run.

Lendlease Global Commercial REIT
Bear S$0.27Fair Value S$0.44Bull S$0.45
S$0.56 = current price (white tick)
Goodman
Bear A$4.54Fair Value A$7.37Bull A$10.49
A$29.22 = current price (white tick)

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Ranked within their sector

Where each stock sits within its sector peer group. Band = middle 50% of peers, tick = median, dot = this stock.

Lendlease Global Commercial REIT · Real Estate

Quality score61 · Top 25%
Fair value upside-21% · below median

Goodman · Real Estate

Quality score61 · Top 25%
Fair value upside-75% · bottom 25%

Bottom line

As of Aug 19, 2026, Fair Value Calculator sees Lendlease Global Commercial REIT as the less overvalued of the two: Lendlease Global Commercial REIT trades at S$0.56 versus a fair value of S$0.44 (-21%), while Goodman trades at A$29.22 versus A$7.37 (-75%).

Goodman has the higher quality score (61/100).

See the full analysis →

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A model-based valuation snapshot from 21 models. Values change with price and fundamentals; the date shown above applies.