LEG Valuation

Leggett & Platt Inc

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9.660

+0.54(5.921%)1D

Overview
Forecast
Valuation
Earnings

LEG Relative Valuation

LEG's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average, adjusted by weights. If the market price exceeds this fair value range, LEG is overvalued; if below, it's undervalued.

Historical Valuation

Leggett & Platt Inc (LEG) is now in the Undervalued zone, suggesting that its current forward PE ratio of 8.15 is considered Undervalued compared with the five-year average of 15.40. The fair price of Leggett & Platt Inc (LEG) is between 14.13 to 22.22 according to relative valuation methord. Compared to the current price of 9.67 USD , Leggett & Platt Inc is Undervalued By 31.56%.

Relative Value

Fair Zone

14.13-22.22

Current Price：9.67

31.56%

Undervalued

8.00

Trailing

Forward

7.04

EV/EBITDA

Leggett & Platt Inc. (LEG) has a current EV/EBITDA of 7.04. The 5-year average EV/EBITDA is 9.89. The thresholds are as follows: Strongly Undervalued below 6.78, Undervalued between 6.78 and 8.34, Fairly Valued between 11.44 and 8.34, Overvalued between 11.44 and 12.99, and Strongly Overvalued above 12.99. The current Forward EV/EBITDA of 7.04 falls within the Undervalued range.

10.07

EV/EBIT

Leggett & Platt Inc. (LEG) has a current EV/EBIT of 10.07. The 5-year average EV/EBIT is 14.02. The thresholds are as follows: Strongly Undervalued below 9.61, Undervalued between 9.61 and 11.81, Fairly Valued between 16.22 and 11.81, Overvalued between 16.22 and 18.42, and Strongly Overvalued above 18.42. The current Forward EV/EBIT of 10.07 falls within the Undervalued range.

0.31

Leggett & Platt Inc. (LEG) has a current PS of 0.31. The 5-year average PS is 0.82. The thresholds are as follows: Strongly Undervalued below 0.12, Undervalued between 0.12 and 0.47, Fairly Valued between 1.16 and 0.47, Overvalued between 1.16 and 1.51, and Strongly Overvalued above 1.51. The current Forward PS of 0.31 falls within the Undervalued range.

4.50

P/OCF

Leggett & Platt Inc. (LEG) has a current P/OCF of 4.50. The 5-year average P/OCF is 8.18. The thresholds are as follows: Strongly Undervalued below 1.78, Undervalued between 1.78 and 4.98, Fairly Valued between 11.38 and 4.98, Overvalued between 11.38 and 14.58, and Strongly Overvalued above 14.58. The current Forward P/OCF of 4.50 falls within the Undervalued range.

0.00

P/FCF

Leggett & Platt Inc. (LEG) has a current P/FCF of 0.00. The 5-year average P/FCF is 11.16. The thresholds are as follows: Strongly Undervalued below -2.82, Undervalued between -2.82 and 4.17, Fairly Valued between 18.15 and 4.17, Overvalued between 18.15 and 25.13, and Strongly Overvalued above 25.13. The current Forward P/FCF of 0.00 falls within the Undervalued range.

Leggett & Platt Inc (LEG) has a current Price-to-Book (P/B) ratio of 1.47. Compared to its 3-year average P/B ratio of 2.19 , the current P/B ratio is approximately -32.89% higher. Relative to its 5-year average P/B ratio of 2.87, the current P/B ratio is about -48.70% higher. Leggett & Platt Inc (LEG) has a Forward Free Cash Flow (FCF) yield of approximately 19.34%. Compared to its 3-year average FCF yield of 13.68%, the current FCF yield is approximately 41.40% lower. Relative to its 5-year average FCF yield of 10.74% , the current FCF yield is about 80.14% lower.

1.44

P/B

Median3y

2.19

Median5y

2.87

19.61

FCF Yield

Median3y

13.68

Median5y

10.74

Competitors Valuation Multiple

The average P/S ratio for LEG's competitors is 0.71, providing a benchmark for relative valuation. Leggett & Platt Inc Corp (LEG) exhibits a P/S ratio of 0.31, which is -57.17% above the industry average. Given its robust revenue growth of -6.26%, this premium appears unsustainable.

P/S

P/E

EV/EBITDA

EV/EBIT

P/S

Revenue Growth

Market Cap

Ethan Allen Interiors Inc

Performance Decomposition

Market capitalization of LEG decreased by 22.92% over the past 1 year. The primary factor behind the change was an increase in P/E Change from 4.64 to 8.93.

The secondary factor is the Revenue Growth, contributed -6.26%to the performance.

Overall, the performance of LEG in the past 1 year is driven by P/E Change. Which is more unsustainable.

-6.26%

1.13B → 1.06B

Revenue Growth

-109.30%

-53.35 → 4.96

Margin Expansion

92.64%

4.64 → 8.93

P/E Change

-22.92%