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Land Securities Group (LAND) Fair Value & Analysis

Real Estate · GB · Market cap 4.8B GBX

LS Land Securities Group LAND · LSE
Price£6.57
Fair Value£6.67
Upside+1.5%
Quality97/100
Evidence: High Range £5.84 – £6.67

Fair value as of: Jun 26, 2026

From 23 valuation models · updated 3 days ago

Share price +3.6% over the past month.

Price vs Fair Value (12 months)

£6.81 £5.17 Fair Value £6.67 Jun 2025 Jun 2026

12‑month range £5.17 – £6.81 · fair‑value band £5.84 – £6.67 · the £6.57 price screens below the £6.67 fair value. As of Jun 26, 2026.

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Analysis

Land Securities Group (LAND) currently trades at £6.57, while our model-based Fair Value estimate is £6.67 — implying the stock looks roughly 1.5% undervalued today. We read business quality at 97/100 (high quality), in the Real Estate sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high) — always confirm before acting.

Over the trailing twelve months, Land Securities Group generated revenue of £892M at a net margin of 38.5%. Revenue grew 0.4% year over year. It earns a return on equity of 5.3%. Net debt stands at £4.4B. Fundamentals as of Jun 26, 2026

Key figures & financial health

Revenue (TTM) 892M GBX
Revenue growth (YoY) +0.4%
Net margin 38.5%
Return on equity 5.3%
Free cash flow 93.0M GBX FY2025
P/E ratio 13.9
More key figures
Operating margin 47.1%
EPS (TTM) £0.4600
Dividend yield 6.6%
EPS growth (YoY) +61.8%
Net debt 4.4B GBX FY2026

Figures from reported company fundamentals (EODHD) · as of Jun 26, 2026. TTM = trailing twelve months.

About the company

Land Securities Group Plc identify and shape places that create opportunities, enhance quality of life, and bring joy to the people connected to them. This is how they created the leading portfolio of urban places in UK and one of the largest real estate companies in Europe. Their 10 billion pounds portfolio is built around premium workplaces, is the country pre-eminent retail platform, and a residential pipeline that will redefine urban life. They honed this ability over 80 years. Spotting the opportunities, building the partnerships, and continually adapting to shape the places that meet the needs of a changing world. Places where life happens. Where businesses grow. And where cities are defined. Land Securities Group Plc was incorporated in 1995 in United Kingdom.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Land Securities Group reported revenue of £892M in FY2026 versus £679M in FY2022, a compound +7.1%/yr. Reported net income was £343M in FY2026, compounding −20.7%/yr from FY2022.

Revenue +7.1%/yr
FY22 £679M
FY23 £791M
FY24 £824M
FY25 £832M
FY26 £892M
Net income −20.7%/yr
FY22 £869M
FY23 −£619M
FY24 −£319M
FY25 £396M
FY26 £343M

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Frequently asked questions

Is Land Securities Group (LAND) undervalued?
As of Jun 26, 2026, our model estimates a fair value of £6.67 versus a price of £6.57 — about +2% (undervalued). Model-based estimate, not financial advice.
What is the fair value of LAND?
Our 21-model fair value for Land Securities Group is £6.67 (as of Jun 26, 2026), built from audited fundamentals. The current price is £6.57.
What is the quality score of LAND?
Land Securities Group has a Quality Score of 97/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Land Securities Group (LAND)?
Land Securities Group reported trailing-twelve-month revenue of about £892M (latest available figure, as of Jun 26, 2026).
What is the net profit margin of LAND?
The net profit margin of Land Securities Group is about 38.5%, meaning it keeps roughly 38.5% of revenue as net income. Based on the latest reported figures.
Does Land Securities Group pay a dividend?
Land Securities Group currently shows a dividend yield of about 6.62% relative to its recent price (as of Jun 26, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.