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LondonMetric Property Plc LMP.L

GB · London Stock Exchange · XLON · stock · Real Estate · website

LondonMetric Property Plc statistics & valuation

Market cap£4.5B
P / E15.4×
P / S9.8×
P / B1.0×
P / FCF13.5×
Dividend yield5.40%
Net margin63.6%
Return on equity6.3%
FCF margin72.5%
Net debt£2.9B
Enterprise value USD$10.1B
Earnings yield EBIT/EV5.7%
Return on capital5.4%
Graham number -98.7%£2.43

Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value (£2.43); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
-345.10% 66.60% 87.70% 63.60% 2023202420252026
Gross margin (%)
99.00% 99.00% 98.80% 98.60% 2023202420252026
Operating margin (%)
87.80% 88.00% 91.90% 92.10% 2023202420252026
Return on equity (%)
-25.70% 3.00% 8.50% 6.30% 2023202420252026
Shares outstanding
2.34B 2.34B 2.34B 2.34B 2023202420252026
Net debt (£)
£993.0M £2.07B £2.06B £2.91B 2023202420252026
Share buybacks (£)
2023202420252026
Return on assets (%)
-16.40% 1.80% 5.30% 3.60% 2023202420252026
Free cash flow margin (%)
79.10% 65.90% 71.60% 72.50% 2023202420252026
Debt / equity (×)
0.52× 0.54× 0.51× 0.63× 2023202420252026
EPS (£)
-£0.52 £0.11 £0.17 £0.13 2023202420252026

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

Key ratios (by fiscal year)

RatioFY2026FY2025FY2024FY2023
Gross margin98.6%98.8%99.0%99.0%
Operating margin92.1%91.9%88.0%87.8%
Net margin63.6%87.7%66.6%-345.1%
FCF margin72.5%71.6%65.9%79.1%
Return on assets3.6%5.3%1.8%-16.4%
Return on equity6.3%8.5%3.0%-25.7%
Debt / equity0.60×0.42×0.52×0.48×
Current ratio0.770.210.680.45

Computed from company filings · GB · as of 2026-03-31. Figures in GBP. Facts plus Stocktoria's own computed scores — not investment advice.