Stock fact sheet · data as of
Lead Real Estate Co., Ltd American Depositary Shares (LRE): fair value, margin of safety and Wheel Score
Real Estate · Real Estate - Development · Japan · ADR · Value
Is LRE undervalued?
At 1.12 (close of 16 Oct 2026), LRE trades 100% below the GLS average fair value of 401.65. That average comes from 7 models run on the latest filings, and 6 of them land above the current price. Margins of safety over 30% are the exception rather than the rule across the ~7,400 stocks we value each night, so the number earns Lead Real Estate Co., Ltd American Depositary Shares the full Value points in the Wheel Score - and a closer look at what the market is pricing in.
There is a wide gap between Lynch (1.05) and 10 Cap (2,190.37). When the models are this far apart the "fair value" is really a range, and the margin of safety above should be read with that range in mind.
The nightly engine files LRE under Value: positive earnings at a P/E of 18 or less.
Nine valuation models for LRE
Each model turns the latest filed numbers into a value per share; the GLS fair value is the simple average of the ones that produce a positive number. The last two rows are shown for reference and never enter the average. The Quote page lets you switch any model off and add your own margin of safety.
| Model | Value | vs price | What it measures |
|---|---|---|---|
| DCF | - | - | Present value of the projected free cash flows, discounted at the cost of capital; no value tonight |
| Graham Number | 589.62 | +52545% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 4.22 | +277% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 1.05 | -7% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 5.10 | +356% | EPS compounded ten years at the blended growth rate, discounted back at 15% a year |
| 10 Cap | 2,190.37 | +195469% | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10% |
| Payback Time | 18.29 | +1533% | Eight years of compounded free cash flow: the price at which the business pays for itself |
| DDM | - | - | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend; no value tonight |
| EPV | 2.91 | +159% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | -1,097.56 | -98097% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 0.0000 | -100% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
Lead Real Estate Co., Ltd American Depositary Shares scores only 4 of 9 on the Piotroski F-score, which fails the Sunday Scan's "6 or more" rule. A reading this low means several of the basic tests - positive earnings, positive operating cash flow, falling debt, no new share issuance - are not met. On durability LRE scores 7.0/10 on the GLS Moat - a middle reading; the Scorecard on the Quote page's Financials tab shows which ten-year lines are steady and which are not.
Returns on capital are thin or negative - ROIC 2.6%, ROE 11.4%, ROA 2.4% - with debt at 3.43 times equity and negative free cash flow. Debt of 3.43 times equity is on the high side for the sector and is worth checking against the cash flow before treating the stock as a long-term hold.
Lead Real Estate Co., Ltd American Depositary Shares pays no dividend, so the DDM model does not apply and a covered-call holder earns only the premium and any price gain. Revenue comes mainly from Real Estate 95%, Product and Service, Other 3%, Hotel 2% (fiscal year FY2025).
Institutional ownership scores 1/10, insider activity 5/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 4 / 9 | ROIC | 2.6% |
|---|---|---|---|
| GLS Moat | 7.0 / 10 | ROE | 11.4% |
| Debt / equity | 3.43 | ROA | 2.4% |
| Free-cash-flow yield | 0.0% | Payout ratio | 0% |
| Institutions | 1 / 10 | Insiders · Congress | 5 · 5 / 10 |
Wheel Score 39: No options
No options are listed on Lead Real Estate Co., Ltd American Depositary Shares in our nightly snapshot. The Wheel Score is therefore capped at 39 (it reads 39) and the stock is left out of every options screen; the fair value and health figures above are still useful for a plain stock position.
Volume runs at 9k shares a day on a market cap of $15M, with a beta of 1.44 - a high beta, so the stock tends to move more than the market and a strike can be gapped through; the Stability part of the Wheel Score gives that 5 of 20.
| Part | Points | From | |
|---|---|---|---|
| Value | 25 / 25 | 100% margin of safety | |
| Health | 9 / 20 | Piotroski 4/9 | |
| Moat | 11 / 15 | moat 7.0/10 | |
| Premium | 0 / 20 | no option data | |
| Stability | 5 / 20 | 9k shares/day, $15M cap, beta 1.44 |
The Wheel Score ranks ~7,400 US stocks for selling cash-secured puts and covered calls; it is updated nightly and is not a recommendation. The walkthrough lesson shows how the score fits into a trade, start to finish.
Upcoming events
No upcoming earnings date is recorded for LRE in the nightly calendar.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Real Estate - Development
The 12 companies below are the closest to Lead Real Estate Co., Ltd American Depositary Shares by market cap within the Real Estate - Development industry, each with its own fact sheet; the Compare page puts up to eight of them side by side.
| Stock | Close | Fair value | MoS | Wheel | Mkt cap |
|---|---|---|---|---|---|
| LGPS LogProstyle Inc. | 0.6540 | 89.39 | +99% | 39No options | $15M |
| GEDC TerraVolt Holdings, Inc. | 0.5100 | - | - | 18No options | $13M |
| MRNO Murano Global Investments PLC Ordinary Shares | 0.2430 | 4.11 | +94% | 39No options | $19M |
| AEI Alset Inc. | 0.6449 | 0.2519 | -156% | 14No options | $25M |
| ILAL International Land Alliance, Inc. | 1.50 | - | - | 25No options | $7M |
| RENX RenX Enterprises Corp. | 1.67 | 18.92 | +91% | 37No options | $4M |
| KANP Kaanapali Land, LLC | 29.70 | 86.61 | +66% | 39No options | $53M |
| FHRT First Hartford Corporation | 26.00 | 185.76 | +86% | 37No options | $59M |
| BVERS Beaver Coal Company, Limited | 3,000.00 | 2,807.67 | -7% | 23No options | $75M |
| MAYS J.W. Mays, Inc. | 39.63 | - | - | 30No options | $80M |
| LPA Logistic Properties of The Americas | 2.79 | 17.02 | +84% | 39No options | $88M |
| AXR AMREP Corporation | 20.24 | 24.26 | +17% | 39No options | $108M |
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Start free See the Sunday ScanQuestions about LRE
Is LRE undervalued right now?
By the GLS models, yes: at 1.12 the stock is 100% below the average fair value of 401.65 (data as of 16 Oct 2026). Whether the discount is deserved is the question to research next.
What is the Wheel Score of LRE and what does it mean?
LRE has no listed options in our nightly snapshot, so it cannot be wheeled; its Wheel Score is capped at 39 and shown as "No options".
What is the GLS fair value for LRE?
401.65 per share as of 16 Oct 2026 - the simple average of the 7 valuation models (out of nine: DCF, Graham Number, Graham Growth, Lynch, GLS Growth, 10 Cap, Payback Time, DDM and EPV) that produced a positive value. The models run every night on the latest filings; the Quote page lets you switch any of them off and add a margin of safety of your own.
When does Lead Real Estate Co., Ltd American Depositary Shares report earnings next?
No upcoming earnings date is recorded for LRE in our calendar as of 16 Oct 2026; the Calendars page is refreshed every morning.
Does LRE have listed options, and how liquid are they?
No. The nightly options snapshot found no listed contracts on LRE, so the wheel strategy cannot be run on it and the Wheel Score is capped at 39.