(LBRDA) Liberty Broadband Srs - Overview
Sector: Communication Services | Industry: Telecom Services | Exchange: NASDAQ (USA) | Market Cap: 5.140m USD | Total Return: -61.3% in 12m
Industry Rotation: +3.6
Avg Turnover: 7.45M
EPS Trend: -32.9%
Qual. Beats: 0
Rev. Trend: -67.0%
Warnings
Interest Coverage Ratio 0.4 is critical
Tailwinds
No distinct edge detected
Liberty Broadband Corporation operates as a holding company primarily focused on the communications and media sectors in the United States. Its core business model centers on subscription-based revenue streams generated through high-speed internet, mobile, and video services provided to residential and commercial clients. The company’s commercial arm, Spectrum Business, scales connectivity solutions ranging from small-business internet to managed fiber networks for large enterprises.
The Cable & Satellite sub-industry is characterized by high capital expenditures for infrastructure and a strategic shift toward broadband as traditional linear television viewership declines. Liberty Broadband also maintains significant advertising operations through Spectrum Reach, which monetizes audience data across cable networks and streaming platforms. Examining the valuation metrics on ValueRay can provide further clarity on its underlying asset base.
Headquartered in Englewood, Colorado, the corporation functions as a key player in the domestic telecommunications landscape. Its portfolio includes diverse assets such as regional sports networks, news channels, and network-based security services designed to protect home-based hardware.
- Charter Communications equity stake performance dictates underlying net asset value volatility
- Proposed all-stock merger with Charter Communications impacts relative share price valuation
- Rural broadband expansion subsidies influence long-term subscriber growth and capital expenditures
- High interest rates increase debt servicing costs for leveraged infrastructure investments
- Competitive pressure from fixed wireless and fiber providers affects broadband ARPU growth
| Net Income: -2.74b TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.02 > 0.02 and ΔFCF/TA -0.98 > 1.0 |
| NWC/Revenue: 34.48% < 20% (prev 21.60%; Δ 12.88% < -1%) |
| CFO/TA -0.02 > 3% & CFO -232.0m > Net Income -2.74b |
| Net Debt/EBITDA: error (EBITDA <= 0) |
| Current Ratio: 1.09 > 1.5 & < 3 |
| Outstanding Shares: last quarter (144.0m) vs 12m ago 0.70% < -2% |
| Gross Margin: 77.78% > 18% (prev 0.76%; Δ 7.70k% > 0.5%) |
| Asset Turnover: 1.94% > 50% (prev 6.10%; Δ -4.16% > 0%) |
| Interest Coverage Ratio: 0.35 > 6 (EBITDA TTM -3.70b / Interest Expense TTM 116.0m) |
| A: 0.01 (Total Current Assets 1.07b - Total Current Liabilities 985.0m) / Total Assets 9.85b |
| B: 0.43 (Retained Earnings 4.24b / Total Assets 9.85b) |
| C: 0.00 (EBIT TTM 41.0m / Avg Total Assets 13.42b) |
| D: 1.08 (Book Value of Equity 4.26b / Total Liabilities 3.95b) |
| Altman-Z'' Score: 2.61 = A |
Over the past week, the price has changed by -9.18%, over one month by -36.35%, over three months by -40.51% and over the past year by -61.25%.
- StrongBuy: 0
- Buy: 0
- Hold: 1
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 95 | 190.3% |
P/S = 7.5539
P/B = 0.8768
P/EG = -657.0
Revenue TTM = 261.0m USD
EBIT TTM = 41.0m USD
EBITDA TTM = -3.70b USD
Long Term Debt = 1.60b USD (from longTermDebt, last quarter)
Short Term Debt = 965.0m USD (from shortTermDebt, last quarter)
Debt = 2.56b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 2.51b USD (from netDebt column, last quarter)
Enterprise Value = 7.65b USD (5.14b + Debt 2.56b - CCE 51.0m)
Interest Coverage Ratio = 0.35 (Ebit TTM 41.0m / Interest Expense TTM 116.0m)
EV/FCF = -45.83x (Enterprise Value 7.65b / FCF TTM -167.0m)
FCF Yield = -2.18% (FCF TTM -167.0m / Enterprise Value 7.65b)
FCF Margin = -63.98% (FCF TTM -167.0m / Revenue TTM 261.0m)
Net Margin = -1.05k% (Net Income TTM -2.74b / Revenue TTM 261.0m)
Gross Margin = 77.78% ((Revenue TTM 261.0m - Cost of Revenue TTM 58.0m) / Revenue TTM)
Gross Margin QoQ = none% (prev none%)
Tobins Q-Ratio = 0.78 (Enterprise Value 7.65b / Total Assets 9.85b)
Interest Expense / Debt = 0.94% (Interest Expense 24.0m / Debt 2.56b)
Taxrate = 1.93% (4.00m / 207.0m)
NOPAT = 40.2m (EBIT 41.0m * (1 - 1.93%))
Current Ratio = 1.09 (Total Current Assets 1.07b / Total Current Liabilities 985.0m)
Debt / Equity = 0.43 (Debt 2.56b / totalStockholderEquity, last quarter 5.90b)
Debt / EBITDA = -0.68 (negative EBITDA) (Net Debt 2.51b / EBITDA -3.70b)
Debt / FCF = -15.05 (negative FCF - burning cash) (Net Debt 2.51b / FCF TTM -167.0m)
Total Stockholder Equity = 7.72b (last 4 quarters mean from totalStockholderEquity)
RoA = -20.42% (Net Income -2.74b / Total Assets 9.85b)
RoE = -35.53% (Net Income TTM -2.74b / Total Stockholder Equity 7.72b)
RoCE = 0.44% (EBIT 41.0m / Capital Employed (Equity 7.72b + L.T.Debt 1.60b))
RoIC = 0.40% (NOPAT 40.2m / Invested Capital 10.01b)
WACC = 6.82% (E(5.14b)/V(7.71b) * Re(9.76%) + D(2.56b)/V(7.71b) * Rd(0.94%) * (1-Tc(0.02)))
Discount Rate = 9.76% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 24.34 | Cagr: 0.01%
[DCF] Fair Price = unknown (Cash Flow -167.0m)
EPS Correlation: -32.91 | EPS CAGR: -8.78% | SUE: -0.14 | # QB: 0
Revenue Correlation: -67.01 | Revenue CAGR: -46.87% | SUE: N/A | # QB: 0