Financials Lloyds Banking Group plc

Equities

LLOY

GB0008706128

Banks

Market Closed - London S.E. 11:35:12 2024-04-26 am EDT 5-day change 1st Jan Change
52.3 GBX +2.15% Intraday chart for Lloyds Banking Group plc +2.71% +9.62%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 43,207 25,808 33,945 30,342 30,165 33,045 - -
Enterprise Value (EV) 1 43,207 25,808 33,945 30,342 30,165 33,045 33,045 33,045
P/E ratio 18.4 x 30.4 x 6.37 x 6.31 x 6.36 x 9.11 x 7.29 x 6.17 x
Yield 5.39% 1.56% 4.18% 5.29% - 5.73% 6.29% 6.93%
Capitalization / Revenue 2.39 x 1.69 x 2.09 x 1.65 x 1.6 x 1.82 x 1.75 x 1.68 x
EV / Revenue 2.39 x 1.69 x 2.09 x 1.65 x 1.6 x 1.82 x 1.75 x 1.68 x
EV / EBITDA - - - - - - - -
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Price to Book 0.93 x 0.52 x 0.64 x 0.66 x - 0.77 x 0.72 x 0.66 x
Nbr of stocks (in thousands) 69,131,850 70,823,910 71,014,218 66,817,904 63,225,307 63,183,437 - -
Reference price 2 0.6250 0.3644 0.4780 0.4541 0.4771 0.5230 0.5230 0.5230
Announcement Date 2/20/20 2/24/21 2/24/22 2/22/23 2/22/24 - - -
1GBP in Million2GBP
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 18,109 15,288 16,223 18,421 18,888 18,110 18,856 19,717
EBITDA - - - - - - - -
EBIT 1 8,822 6,440 6,833 8,958 8,117 7,572 8,340 9,037
Operating Margin 48.72% 42.12% 42.12% 48.63% 42.97% 41.81% 44.23% 45.83%
Earnings before Tax (EBT) 1 4,393 1,226 6,902 6,928 7,503 6,073 6,759 7,470
Net income 1 2,925 1,318 5,784 5,459 5,460 3,682 4,304 5,001
Net margin 16.15% 8.62% 35.65% 29.63% 28.91% 20.33% 22.82% 25.37%
EPS 2 0.0340 0.0120 0.0750 0.0720 0.0750 0.0574 0.0718 0.0847
Free Cash Flow - - - - - - - -
FCF margin - - - - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 0.0337 0.005700 0.0200 0.0240 - 0.0300 0.0329 0.0362
Announcement Date 2/20/20 2/24/21 2/24/22 2/22/23 2/22/24 - - -
1GBP in Million2GBP
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2019 S2 2020 S1 2020 S2 2021 S1 2021 Q4 2021 S2 2022 Q1 2022 Q2 2022 S1 2022 Q3 2022 Q4 2022 S2 2023 Q1 2023 Q2 2023 S1 2023 Q3 2023 Q4 2023 S2 2024 Q2 2024 Q3 2024 Q4
Net sales 8,864 7,939 7,349 7,835 4,200 8,388 4,206 4,458 - 4,676 5,081 9,757 4,792 4,750 9,542 4,743 4,603 9,346 - - -
EBITDA - - - - - - - - - - - - - - - - - - - - -
EBIT - 3,537 2,903 - - - - - - - - - - 2,240 4,703 - 1,205 3,414 - - -
Operating Margin - 44.55% 39.5% - - - - - - - - - - 47.16% 49.29% - 26.18% 36.53% - - -
Earnings before Tax (EBT) 1,496 -602 1,828 3,905 968 2,997 1,623 2,038 - 1,508 1,759 3,267 2,260 1,610 3,870 1,858 1,775 3,633 - - -
Net income 983 -234 1,320 3,611 360 1,960 1,204 1,622 - 1,209 1,500 2,676 1,641 - 2,572 1,420 1,234 2,888 - - -
Net margin 11.09% -2.95% 17.96% 46.09% 8.57% 23.37% 28.63% 36.38% - 25.86% 29.52% 27.43% 34.24% - 26.95% 29.94% 26.81% 30.9% - - -
EPS 1 0.007000 -0.003000 0.0150 0.0500 0.005000 0.0250 0.0150 0.0220 - 0.0150 0.0200 0.0360 0.0230 0.0160 0.0390 0.0200 0.0160 0.0360 0.0148 0.0147 0.004280
Dividend per Share 0.0225 - 0.005700 0.006700 0.0133 0.0133 - 0.008000 0.008000 - 0.0160 0.0160 - - 0.009200 - - - - - -
Announcement Date 2/20/20 7/30/20 2/24/21 7/29/21 2/24/22 2/24/22 4/27/22 7/27/22 7/27/22 10/27/22 2/22/23 2/22/23 5/3/23 7/26/23 7/26/23 10/25/23 2/22/24 2/22/24 - - -
1GBP
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - - -
Net Cash position - - - - - - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow - - - - - - - -
ROE (net income / shareholders' equity) 14.8% 3.7% 11.3% 13.5% - 10.2% 11.2% 11.8%
ROA (Net income/ Total Assets) 0.63% 0.15% 0.66% 0.62% - 0.45% 0.49% 0.54%
Assets 1 463,918 852,578 878,894 882,191 - 810,369 871,157 932,803
Book Value Per Share 2 0.6700 0.7000 0.7500 0.6900 - 0.6700 0.7300 0.7900
Cash Flow per Share - - - - - - - -
Capex - - - - - - - -
Capex / Sales - - - - - - - -
Announcement Date 2/20/20 2/24/21 2/24/22 2/22/23 2/22/24 - - -
1GBP in Million2GBP
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
B-
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
18
Last Close Price
0.523 GBP
Average target price
0.6028 GBP
Spread / Average Target
+15.25%
Consensus
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