Added to YB: 2025-01-08
Pitch date: 2025-01-06
LBTYA [bullish]
Liberty Global Ltd.
-13.26%
current return
Author Info
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Company Info
Liberty Global Ltd., together with its subsidiaries, provides broadband internet, video, fixed-line telephony, and mobile communications services to residential and business customers.
Market Cap
$3.6B
Pitch Price
$12.97
Price Target
30.50 (+171%)
Dividend
N/A
EV/EBITDA
16.65
P/E
-1.95
EV/Sales
2.42
Sector
Diversified Telecommunication Services
Category
value
Quick Value #251 - Liberty Global (LBTYA) + Sunrise (SNRE)
LBTYA: Post-Sunrise spin, RemainCo has 3 wholly-owned subs, 2 50% JVs, and investment portfolio. $13.2bn EV, 10.7x EBITDA. $14.5bn investments ($40.55/share), incl. $9.56bn JVs. JVs yield $1.3-1.4bn cash. Negative FCF ex-Sunrise. Aggressive buybacks. PT $30.50 vs $13, based on 7x EBITDA for ops and 25% discount to investments.
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