EN DE

Lamar Advertising Company (LAMR) Fair Value & Analysis

Real Estate · US · Market cap $15.2B · ISIN US5128161099

What is Lamar Advertising Company really worth?

LA Lamar Advertising Company logo Lamar Advertising Company LAMR · US
Price$151.55
Fair Value$114.66
Upside−24.3%
Quality67/100

A solid business, but trading 32% above our fair value of $114.66.

Watch Lamar Advertising Company for free, get notified when fair value or trend changes. Plus fair value for all 35,000+ stocks, 14 days of Pro free, no card. Watch for free

Strengths

Highly profitable · 24.0% net margin
Wide moat 77/100

Risks

!Mixed Growth (revenue 5y +7.6 %/yr)
!High debt · generates free cash flow
!Trails peers (5/15)
!Weak on valuation: 1 out of 100
!Weak on future: 22 out of 100

For context

·4.12% dividend yield
Evidence: High Range $64.76 – $162.65

Fair value as of: Aug 19, 2026

From 16 valuation models · updated 16 days ago

Share price −4.6% over the past month.

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

What matters now

  • Solid but not exceptional quality (67/100) and above fair value, neither a clear bargain nor a standout compounder.
  • A fairly wide model range ($64.76 to $162.65) leaves room in how you read the outcome.
  • As a real-estate business, asset- and dividend-based methods carry more weight here than a standard DCF.

Price vs Fair Value (5 years)

$164.33 $68.22 Fair Value $114.66 Jun 2021 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 19, 2026.

How to read this chart

60‑month range $68.22 – $164.33 · fair‑value band $64.76 – $162.65 · the $151.55 price screens above the $114.66 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 2 fiscal years are left out: there the valuation rested on only a fraction of the usual models. Dashed = 300-day average. As of Aug 19, 2026.

Full chart & analysis →

Which stocks are undervalued right now? Check free Discover now →

Analysis

Lamar Advertising Company (LAMR) currently trades at $151.55, while our model-based Fair Value estimate is $114.66, implying the stock looks roughly 32.2% overvalued today. The Quality Score stands at 67/100 (solid quality), in the Real Estate sector. Bull case: the Multiples group reads highest at a median of $114.66 per share, and 2 of the 16 models we run sit above the $151.55 price. Bear case: the Economic Profit group reads lowest at $47.34, and 14 of the 16 models stay below the price. Evidence for this calculation is high.

Over the trailing twelve months, Lamar Advertising Company generated revenue of $2.3B at a net margin of 24.0%. Revenue grew 4.4% year over year. It earns a return on equity of 55.2%. Net debt stands at $6.1B. Fundamentals as of Aug 19, 2026

Our scenario range runs from $64.76 (bear case) to $162.65 (bull case); at $151.55, the current price sits within that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 3% below its 52-week high and 40% above its 52-week low, currently above its 200-day average. For context, the median of 10 Real Estate peers we cover trades at −53% fair-value upside, at −24%, LAMR screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted, family-balanced blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small. Every input is real reported data, nothing guessed.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
FCF DCF $60.19 $113.33 $194.31 77
Growth DCF $61.87 $108.96 $176.38 76
5Y EBITDA Exit $85.24 $165.19 $258.39 73
All 16 models by family
DCF Models
FCF DCF $60.19 $113.33 $194.31 77
5Y Revenue Exit $43.07 $86.39 $141.06 70
5Y EBITDA Exit $85.24 $165.19 $258.39 73
10Y Revenue Exit $46.16 $87.15 $141.18 65
10Y EBITDA Exit $75.25 $141.83 $230.65 66
Dividend Discount
Gordon GGM $69.21 $143.91 $228.29 66
DDM Multi-Stage $69.21 $114.16 $151.04 66
Multiples
P/S Multiple $85.99 $114.66 $143.32 58
P/B Multiple $17.43 $23.24 $29.05 55
EV/EBIT $96.66 $140.77 $184.87 65
EV/EBITDA $115.30 $165.62 $215.94 67
EV/Revenue $37.32 $68.59 $99.87 52
Asset-Based
NCAV (Graham) $5.81 $7.79 $11.62 54
Growth DCF
Growth DCF $61.87 $108.96 $176.38 76
Rev-Margin DCF $43.07 $86.89 $137.36 70
Economic Profit
Residual Income $39.40 $47.34 $236.88 64

Widest divergence: Multiples ($114.66) versus Asset-Based ($7.79). Highest evidence: FCF DCF (77).

Notify me when LAMR reaches fair value

Put LAMR on your watchlist. We get in touch as soon as price and fair value meet or the trend turns.

Set up alert →

Free, no payment details. Unsubscribe anytime in one click.

Key figures & financial health

P/E ratio 27.6 as of Jun 21, 2026
P/S ratio 7.15 P/E × margin
EPS (TTM) $5.42 price ÷ EPS = P/E 27.6
Dividend yield 4.1% payout 115%
Net margin 25.9% FY2025
Return on equity 55.2% TTM
More key figures
Profitability
Return on assets (EBIT) 9.2% avg 5y
Operating margin 25.3% TTM
Growth
Revenue (TTM) $2.3B TTM
Revenue growth (YoY) +4.4% 3y avg +3.7%
EPS growth (YoY) −26.1%
Balance sheet & cash flow
Free cash flow $736M FY2025
Net debt $6.1B FY2025 · ≈ 8.3 yrs of FCF

Figures from reported company fundamentals · as of Aug 19, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 67/100

Of which business quality 60 · Market factors (momentum, volatility) 64

Profitability 59
Margins and returns on capital today
Quality Growth 47
Are margins and returns improving?
Cashflow 87
Earnings quality: real cash, not paper profit
Fin. Strength 10
Balance sheet, leverage, solvency risk
Investment 89
Disciplined investing over empire-building
Low Volatility 66
Calm price path (market factor)
Momentum 57
Price trend over the last 3–12 months (market factor)
52W Momentum 76
Distance to the 52-week high (market factor)
Net Issuance 86
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

Lamar Advertising Company is one of the largest outdoor advertising companies in North America, with over 362,000 displays across the United States and Canada. Lamar offers advertisers a variety of billboards, interstate logo, transit and airport advertising formats, helping both local businesses and national brands reach broad audiences every day.

Full company description

Lamar Advertising Company is one of the largest outdoor advertising companies in North America, with over 362,000 displays across the United States and Canada. Lamar offers advertisers a variety of billboards, interstate logo, transit and airport advertising formats, helping both local businesses and national brands reach broad audiences every day. In addition to its more traditional out-of-home inventory, Lamar is proud to offer its customers the largest network of digital billboards in the United States with over 5,400 displays. Lamar Advertising Company was founded and incorporated in 1902 in Delaware and is based in Baton Rouge, United States.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Lamar Advertising Company reported revenue of $2.3B in FY2025 versus $1.8B in FY2021, a compound +6.1%/yr. Reported net income was $587M in FY2025, compounding +10.9%/yr from FY2021.

Growth Quality 77/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
$2.3B
Latest YoY
+2.7%
Avg. revenue growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+3.7%
Avg. revenue growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+7.6%
Avg. revenue growth/yr (30Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+10.9%
Value creation/yr (5Y) Earnings growth per share (CAGR 5 years, adjusted) plus dividend yield: value created per share and year.
+14.3% (10.2 + 4.1)
Revenue +6.1%/yr
FY21 $1.8B
FY22 $2.0B
FY23 $2.1B
FY24 $2.2B
FY25 $2.3B
Net income +10.9%/yr
FY21 $388M
FY22 $439M
FY23 $496M
FY24 $362M
FY25 $587M

LAMR screens 32% overvalued. Compare with Equinix, Inc →

Share or link this analysis
𝕏 Post WhatsApp LinkedIn Reddit
For bloggers & editors: embed code + live data

For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.

Cite: Fair Value Calculator (2026). "Lamar Advertising Company Fair Value". https://www.fairvalue-calculator.com/stock/LAMR

Recent news

External third-party headlines (Yahoo Finance, Reuters and others), not an editorial selection.

Peer Group

REIT - Specialty · 31 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 66 · Top 25%
Fair Value upside −24% · Above median
Return on equity (TTM) 55% · Top 25%
Return on assets 7% · Top 25%
Net margin (TTM) 24% · Below median
Operating margin (TTM) 25% · Below median
Revenue growth 4% · Below median
Dividend yield (TTM) 4.1% · Below median
Debt / equity 3.13× · Higher than 75% of peers

Valuation Multiples vs REIT - Specialty median · lower = cheaper

P/E (TTM) 27.6× · Pricier than median
P/B 15.01× · Pricier than 75% of peers
P/S (TTM) 6.64× · Cheaper than median
P/FCF 20.6× · Pricier than median
EV/EBITDA 17.6× · Pricier than median
PEG 2.20× · Pricier than median

Strength profile in five axes (Snowflake)

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE1 · sector 0
FUTURE22 · sector 24
PAST100 · sector 26
HEALTH0 · sector 75
DIVIDEND82 · sector 100

Insider activity: 46/100

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

Similar stocks

10 more REIT - Specialty stocks, each showing price versus our Fair Value estimate (as of Aug 19, 2026).

Stock Price Fair Value vs Fair Value
Equinix, Inc EQIX $1,044 $199.31 −81%
American Tower Corporation AMT $176.23 $130.57 −26%
Digital Realty Trust, Inc DLR $185.47 $60.12 −68%
Iron Mountain Incorporated IRM $117.40 $40.40 −66%
Crown Castle Inc CCI $74.03 $37.67 −49%
SBA Communications Corporation SBAC $190.95 $143.83 −25%
Weyerhaeuser Company WY $23.38 $8.42 −64%
Gaming and Leisure Properties, Inc GLPI $42.08 $36.60 −13%
Rayonier Inc RYN $21.25 $9.96 −53%
OUTFRONT Media Inc OUT $30.03 $13.07 −56%

Compare Lamar Advertising Company with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Explore undervalued stocks

More undervalued Real Estate stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Try a ready-made strategy

Pick a strategy and jump into the live analysis with that exact screen applied.

🥇 Backtested Best 🏆 Big Names ⭐ Top Rated 💎 Quality on Sale 🚀 Profitable Growth 🧊 Quality Compounders 💵 Dividend Stars 📈 Strong Momentum 📉 Fallen Angels ⚖️ Deeply Undervalued 🔍 Small-Cap Gems 🏰 Moat at a Fair Price 💼 Insider Buying 🎩 Buffett-Style Quality 📚 Peter Lynch GARP 🧮 Greenblatt Magic Formula 🛡️ Graham Defensive

Discover tools

Stock screener Filter by region, size and sector Compare tool Two stocks side by side Extrinsic Value Calculator (Options) Splits an option premium into intrinsic and extrinsic (time) value. Peter Lynch Fair Value Formula & Calculator Apply Peter Lynch's fair value formula in seconds: fair P/E ≈ earnings growth (+ dividend) - free, with formula and example.

Frequently asked questions

Is Lamar Advertising Company (LAMR) overvalued or undervalued?
As of Aug 19, 2026, our model estimates a fair value of $114.66 versus a price of $151.55, about −24% upside (overvalued).
What is the fair value of LAMR?
Our model-based fair value for Lamar Advertising Company is $114.66 (as of Aug 19, 2026), built from audited fundamentals. The current price: $151.55.
What is the quality score of LAMR?
Lamar Advertising Company has a Quality Score of 67/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Lamar Advertising Company (LAMR)?
Lamar Advertising Company reported trailing-twelve-month revenue of about $2.3B (latest available figure, as of Aug 19, 2026).
What is the net profit margin of LAMR?
The net profit margin of Lamar Advertising Company is about 24.0%, meaning it keeps roughly 24.0% of revenue as net income. Based on the latest reported figures.
Does Lamar Advertising Company pay a dividend?
Lamar Advertising Company currently shows a dividend yield of about 4.12% relative to its recent price (as of Aug 19, 2026).
Free · no account needed

Watch Lamar Advertising Company in the live analysis

One click puts Lamar Advertising Company on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.

Watch for free →

Zero risk: nothing is ever charged. Your watchlist is yours, with or without an account.