/
DCF Valuation
Base-case fair value
$278.45
Intrinsic $371.27 · 25% MOS
Current price: $298.31
Base-case summary
Our base-case DCF for Jones Lang Lasalle Inc (JLL) projects 10 years of free cash flow growth at 4.0% for years 1–5 and 2.0% for years 6–10, anchored to 4.0% historical FCF growth, then applies a 2.5% perpetual growth rate and a 8.0% discount rate. Starting from $971M in trailing free cash flow, this produces an intrinsic value of $371.27 per share. A 25% safety margin gives a fair value of $278.45, suggesting the stock is currently 7% overvalued against the $298.31 market price.
See 3 scenarios side by side
Conservative, Base, and Optimistic fair values, plus the sensitivity matrix and FCF history. Free account.
Model inputs
TTM Free Cash Flow
$971M
Cash & equivalents
$436M
Total debt
$1.7B
Shares outstanding
48M