Liberty Global Ltd. Class B Common Shares (LBTYB)

FairStock Score: 48/100 — MIXED

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

As a Buffett/Graham investor, I start with durable earning power and a margin of safety. Liberty Global provides European broadband, video, fixed-line and mobile services; network infrastructure can be a moat, but the financials show no comfortable earning power. In fiscal 2025, the year ended 2025-12-31, revenue was $4.9B but net income was $-7.1B and diluted EPS was $-20.86. That followed fiscal 2024 net income of $1.6B and diluted EPS of $4.23, and fiscal 2023 net loss of $4.1B and diluted EPS of $-9.52. Results swing violently. In fiscal Q2 2026, the quarter ended 2026-06-30, revenue was $1.2B, net income was $-365.1M, and diluted EPS was $-1.07; that compares with revenue of $1.3B in fiscal Q2 2025, the quarter ended 2025-06-30. The FairStock figures as of the 2026-10-13 close show a P/B of 0.44, so the market values the equity at less than half of book, and a P/E of -1.33 because earnings are negative. ROE is -26.46%, ROCE is only 0.16%, and free cash flow yield is -6.0%. Debt-to-equity is 0.99, Altman Z is 0.64, and Piotroski is 4/9—not a fortress balance sheet. The Lynch category is TURNAROUND: a loss in the latest year after earlier profits. A low price is not enough; I need evidence that losses are temporary and cash flow can turn positive. Until then, this is a speculative turnaround, not a classic value compounder.

In plain English: Liberty Global sells broadband, TV, phone and mobile services in Europe. The business looks weak today: it lost money in the latest quarter, revenue slipped versus a year earlier, and it is burning cash. The share price is low compared with the company's accounting net worth, but losses make it hard to call that a true bargain; it looks like a troubled situation priced cautiously.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-06-30) · fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q3 2025 10-Q (period ended 2025-09-30) · fiscal Q2 2025 10-Q (period ended 2025-06-30) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31) · FY2023 10-K (period ended 2023-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer