Company Valuation: Liberty Global Ltd.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 15,190 8,841 7,207 4,630 3,746 3,550 - -
Change - -41.79% -18.49% -35.75% -19.1% -5.23% - -
Enterprise Value (EV) 1 26,835 18,257 19,566 11,579 10,183 10,243 10,343 10,390
Change - -31.97% 7.17% -40.82% -12.06% 0.59% 0.97% 0.46%
P/E 1.18x 6.4x -1.87x 3.02x -0.53x -6.29x -8.5x -10.6x
PBR 0.56x 0.39x 0.4x 0.39x 0.38x 0.39x 0.4x 0.42x
PEG - -0.1x 0x -0x 0x 0.1x 0.3x 0.5x
Capitalization / Revenue 1.47x 1.23x 0.96x 1.07x 0.77x 0.7x 0.69x 0.69x
EV / Revenue 2.6x 2.54x 2.61x 2.67x 2.09x 2.03x 2.01x 2.03x
EV / EBITDA 6.77x 7.03x 8.26x 9.98x 7.99x 7.51x 7.42x 7.4x
EV / EBIT 20.3x 124x -80x -193x -437x 138x 58.3x 41.2x
EV / FCF 12.5x 15.9x 34x 37.1x -37.2x 83.3x 28.4x 20.5x
FCF Yield 7.98% 6.3% 2.94% 2.69% -2.69% 1.2% 3.53% 4.89%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 23.59 2.96 -9.52 4.23 -20.86 -1.687 -1.248 -1.003
Distribution rate - - - - - - - -
Net sales 1 10,311 7,196 7,491 4,342 4,878 5,056 5,141 5,130
EBITDA 1 3,963 2,595 2,370 1,160 1,275 1,363 1,394 1,403
EBIT 1 1,320 146.8 -244.5 -60.1 -23.3 74.17 177.3 252
Net income 1 13,427 1,473 -4,052 1,588 -7,138 -534.7 -466.6 -330.3
Net Debt 1 11,645 9,415 12,360 6,949 6,437 6,693 6,793 6,840
Reference price 2 27.74 18.93 17.77 12.76 11.14 10.61 10.61 10.61
Nbr of stocks (in thousands) 542,921 459,753 395,204 357,544 336,779 338,098 - -
Announcement Date 2/17/22 2/22/23 2/15/24 2/18/25 2/18/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
16.3x2x9.15x1.57% 166B
71.75x6.66x30.04x-.--% 23.87B
18.92x2.07x20.39x1.57% 6.08B
42.95x - - 2.08% 4.05B
10.67x0.89x5.6x6.77% 3.71B
15.38x1.72x18.43x4.86% 3.63B
13.21x0.58x4.69x1.23% 3.19B
7.51x0.73x3.26x6.14% 2.43B
Average 24.59x 2.09x 13.08x 3.03% 26.62B
Weighted average by Cap. 22.84x 2.48x 11.82x 1.6%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

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