# Liberty Global Ltd. Class B (LBTYB) fundamentals

Data as of 2026-09-08. NASDAQ, United States. Sector: Communication Services / Entertainment. Price $13.14, market value $4.5 billion.

## Valuation
- **P/E (trailing): n/a** (negative earnings). Liberty Global Ltd. Class B reported negative earnings over the last twelve months, so the P/E is not meaningful; use price-to-sales, EV/EBITDA and free-cash-flow yield instead.
- **Price / sales: 0.9×**. Each dollar of revenue is priced at 0.9×, a low multiple typical of thin-margin businesses or out-of-favour stocks.
- **Price / book: 0.5×**. The shares trade below book value, which can signal a bargain or a balance sheet the market doubts.
- **EV / EBITDA: 11.0×**. Enterprise value is 11.0× operating earnings before depreciation, the multiple that ignores how the company is financed.
- **Free-cash-flow yield: -5.7%** (5-yr avg 14.1%). Free cash flow is negative: the business is consuming cash, which is normal for heavy investment phases but a warning otherwise.

## Profitability
- **Operating margin: -1.8%**. Operating margin is negative: the business loses money before interest and tax.
- **Net margin: -146.3%**. The company reported a net loss over the last twelve months.
- **Return on equity: -73.3%**. Return on equity is negative because earnings are negative.
- **Return on invested capital: -0.4%**. Return on all capital, debt included, is -0.4%: close to or below the cost of capital, so growth may not create value.
- **Return on assets: -13.4%**. Each dollar of assets produces -13.4% of profit.

## Growth
- **Revenue growth (1 yr): 12.4%** (3-yr 6.7%/yr, 5-yr -15.8%/yr). Revenue grew 12.4% over the last year, against -15.8% a year compounded over five years: growth is accelerating.
- **EPS growth (1 yr): -593.1%**. Earnings per share fell 593.1%, slower than revenue, so margins compressed.

## Financial health
- **Debt to equity: 0.88**. Debt is 0.88 times equity, moderate leverage.
- **Net debt / EBITDA: 6.5×**. It would take 6.5 years of operating earnings to repay net borrowings, above the 3× level most lenders treat as comfortable.
- **Altman Z-score: 1.03**. A Z-score of 1.03 is in the distress zone, a signal to examine the balance sheet closely.
- **Piotroski F-score: 4/9**. 4 of 9 checks pass: mixed.

## Dividends
- **Dividend: none**. Liberty Global Ltd. Class B does not currently pay a dividend.

## Price and momentum
- **Total return (1 yr): 7.6%** (YTD 11.2%, 3-mo -6.1%). The shares are up 7.6% over twelve months including dividends.
- **From 52-week high: -54.7%** (28.9% above the low). Trading 55% below its 52-week high, deep in a drawdown.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 55**. An RSI of 55 is neutral.
- **Beta (1 yr): 0.35** (volatility 74%). Beta of 0.35 against the S&P 500: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=LBTYB · Page: https://foliofundamentals.com/stocks/lbtyb

Not investment advice.