LIFESTYLE COMMUNITIES LIMITED (LIC)
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LIC

LIC - LIFESTYLE COMMUNITIES LIMITED

FNArena Sector : Aged Care & Seniors
Year End: June
GICS Industry Group : Real Estate
Debt/EBITDA: -7.77
Index: ASX300 | ALL-ORDS

Lifestyle Communities is an Australian developer and operator of land lease villages for retired or semi-retired people over fifty years of age. The company was founded in 2003.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$5.67

29 Jan
2026

0.130

OPEN

$5.65

2.35%

HIGH

$5.67

121,717

LOW

$5.47

TARGET
$6.563 15.7% upside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
EGH . INA . OCA . REG .
FNARENA'S MARKET CONSENSUS FORECASTS
LIC: 1
Title FY24
Actual
FY25
Actual
FY26
Forecast
FY27
Forecast
EPS (cps) xxx - 160.8 29.3 xxx
DPS (cps) xxx 0.0 1.0 xxx
EPS Growth xxx N/A N/A xxx
DPS Growth xxx N/A N/A xxx
PE Ratio xxx N/A 18.9 xxx
Dividend Yield xxx N/A 0.2% xxx
Div Pay Ratio(%) xxx N/A 3.4% xxx

Dividend yield today if purchased 3 years ago: 0.00%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

0.00

Estimated Dividend Growth
(Average Of Past Three Years)

 %

Amount Invested

Tell Me The Dividend After This Many Years

Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 04/09 - ex-div 5c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2026 FactSet UK Limited. All rights reserved
Title 202020212022202320242025
EPS Basic xxxxxxxxxxxxxxx-160.8
DPS All xxxxxxxxxxxxxxx0.0
Sales/Revenue xxxxxxxxxxxxxxx148.6 M
Book Value Per Share xxxxxxxxxxxxxxx518.4
Net Operating Cash Flow xxxxxxxxxxxxxxx4.7 M
Net Profit Margin xxxxxxxxxxxxxxx-131.42 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 202020212022202320242025
Return on Capital Employed xxxxxxxxxxxxxxx-26.73 %
Return on Invested Capital xxxxxxxxxxxxxxx-17.33 %
Return on Assets xxxxxxxxxxxxxxx-13.63 %
Return on Equity xxxxxxxxxxxxxxx-26.73 %
Return on Total Capital xxxxxxxxxxxxxxx-5.62 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx-6.2 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 202020212022202320242025
Short-Term Debt xxxxxxxxxxxxxxx1 M
Long Term Debt xxxxxxxxxxxxxxx465 M
Total Debt xxxxxxxxxxxxxxx466 M
Goodwill - Gross xxxxxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxxxxx2 M
Price To Book Value xxxxxxxxxxxxxxx1.35

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 202020212022202320242025
Capex xxxxxxxxxxxxxxx4.8 M
Capex % of Sales xxxxxxxxxxxxxxx3.23 %
Cost of Goods Sold xxxxxxxxxxxxxxx165 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx47 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx915 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

0.5

No. Of Recommendations

4
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Bell Potter

xx/xx/xxxx

3

xxxx

$xx.xx

xx.xx%

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Ord Minnett

xx/xx/xxxx

3

xxxx

$xx.xx

xx.xx%

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Citi

10/12/2025

1

Buy

$7.00

23.46%

Lifestyle Communities will roll out the New DMF (deferred management fee) Model to all existing homeowners after a successful trial, even while continuing its VCAT appeal, Citi notes.

Because the DMF for existing residents was written down to zero in FY25, the broker reckons a win could lift the DMF carrying value by up to $117m. This would boost NTA about 19% to $6.13/share from $5.17 at 30 Jun 2025.

The broker sees Lifestyle Communities as well-placed for a recovering Melbourne market with near-term upside to NTA and sales as referrals improve. Buy maintained with unchanged target of $7.

FORECAST
Citi forecasts a full year FY26 dividend of 0.00 cents and EPS of 26.40 cents.
Citi forecasts a full year FY27 dividend of 6.50 cents and EPS of 40.80 cents.

UBS

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

3

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Jarden

xx/xx/xxxx

4

xxxxxxxxxxx

$xx.xx

xx.xx%

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Canaccord Genuity

21/11/2025

1

Buy

$6.50

14.64%

Canaccord Genuity describes Lifestyle Communities' AGM update as upbeat, showing stronger FY26 year-to-date performance to 19 Nov 2025.

The company settled 93 net new homes and has 240 contracts on hand, with around 150 targeted for FY26 settlement. Net debt fell to $338m as of 31 Oct 2025 from $460.5m at end-FY25, assisted by earlier land sales, the broker highlights.

The company launched a “No Exit Fee” option under its refreshed “Way to Live” brand, letting customers choose to pay management fees upfront or at exit. Full rollout is expected in 3Q26.

No change to forecasts. Buy retained with unchanged target of $6.50.

FORECAST
Canaccord Genuity forecasts a full year FY26 dividend of 0.00 cents and EPS of 28.00 cents.
Canaccord Genuity forecasts a full year FY27 dividend of 0.00 cents and EPS of 32.00 cents.

Moelis

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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