Liberty Global Ltd. Class C Common Shares (LBTYK)

FairStock Score: 48/100 — MIXED

Key Financials

AI Analysis

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

I look at Liberty Global as a European broadband and mobile operator, but the numbers tell a difficult story. In fiscal 2025, the year ended 2025-12-31, revenue was $4.9B and net income was -$7.1B, or -$20.86 per diluted share. That followed fiscal 2024, when revenue was $4.3B and net income was $1.6B, or $4.23 per diluted share, so the swing to a large loss is severe. In fiscal Q2 2026, the quarter ended 2026-06-30, revenue was $1.2B and net income was -$365.1M, or -$1.07 per diluted share. There was a positive fiscal Q1 2026, the quarter ended 2026-03-31, with net income of $337.8M, but one quarter does not make a trend. Revenue in fiscal Q2 2026 was also lower than the $1.3B filed for fiscal Q2 2025. Trailing free cash flow is -$254.8M, and the FairStock FCF yield is -8.6%. The balance sheet is levered, with debt-to-equity of 0.99, an Altman Z-score of 0.58, and a Piotroski score of 4/9. Returns are poor: ROE is -26.46% and ROCE is 0.16%. At the close on 2026-10-13, the price was $8.41, with a negative P/E and a P/B of 0.31. A telecom network can create a moat, but this one is shrinking, losing money, and burning cash. FairStock calls it a TURNAROUND because of a loss in the latest year after earlier profits. The low price-to-book may attract asset-minded investors, but I need stable revenue, positive free cash flow, and less debt before this looks like a durable value.

In plain English: Liberty Global sells broadband, TV, phone and mobile services in Europe. The business looks weak right now: it lost money in fiscal 2025 and in the latest quarter, and its cash flow is negative. The stock price is low compared with the company's accounting value, but losses make it hard to call the price clearly cheap on current results.

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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