LAMR - NASDAQ

Lamar Advertising Company

Lamar Advertising Company

LAMRยทNASDAQ

$150.70

+0.15%
Real EstateREIT - Specialty

Founded in 1902, Lamar Advertising (Nasdaq: LAMR) is one of the largest outdoor advertising companies in North America, with over 352,000 displays across the United States and Canada. Lamar offers advertisers a variety of billboard, 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 approximately 3,800 displays.

StatementsValue Model

At a Glance

Live Snapshot
Market Cap$15.29B
EPS5.7800
P/E Ratio26.07
Earnings Date08/14/2026
Lamar Advertising Company

Lamar Advertising Company Fair Value Envelope

LAMR ยท NASDAQ

Our analysis suggests that LAMR has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $150.7046, this represents a potential HIDDEN relative to our calculated worth for Lamar Advertising Company.

HIDDEN
Intrinsic Value
Current Price: $150.7046

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

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Projection Settings

Forecast period and terminal assumptions

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DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value$10.8B
+ Cash & Equivalents$64.8M
Firm Value$10.9B
- Debt$6.2B
Equity Value$4.7B
/ Shares Outstanding101,456,221B
DCF Value$46
OVERVALUED BY 69%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
$849.8M
$835.8M
$822.1M
$808.6M
$795.2M
$782.2M
$769.3M
$756.6M
$744.2M
$731.9M
Maintenance CapEx
-$25.2M
-$24.8M
-$24.4M
-$24.0M
-$23.6M
-$23.2M
-$22.8M
-$22.4M
-$22.1M
-$21.7M
Owner Earnings
$824.6M
$811.1M
$797.7M
$784.6M
$771.7M
$759.0M
$746.5M
$734.2M
$722.1M
$710.2M
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$763.6M
$695.4M
$633.3M
$576.7M
$525.2M
$478.3M
$435.6M
$396.7M
$361.2M
$329.0M
Terminal Value represents 51.8% of Enterprise Value

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