Aankondiging • Apr 23
Libertas 7, S.A., Annual General Meeting, May 27, 2026 Libertas 7, S.A., Annual General Meeting, May 27, 2026. Location: calle caballeros 22, valencia., Spain New Risk • Apr 14
New minor risk - Dividend sustainability The company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 1.8% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (7.6% average weekly change). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (21% net profit margin). Market cap is less than US$100m (€70.4m market cap, or US$83.0m). New Risk • Mar 13
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 21% Last year net profit margin: 35% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (7.6% average weekly change). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (21% net profit margin). Market cap is less than US$100m (€69.7m market cap, or US$79.8m). Valuation Update With 7 Day Price Move • Feb 04
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to €3.66, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 17x in the Real Estate industry in Spain. Total returns to shareholders of 311% over the past three years. Valuation Update With 7 Day Price Move • Oct 28
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to €3.56, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 18x in the Real Estate industry in Spain. Total returns to shareholders of 284% over the past three years. Valuation Update With 7 Day Price Move • Sep 11
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to €3.20, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 19x in the Real Estate industry in Spain. Total returns to shareholders of 203% over the past three years. Valuation Update With 7 Day Price Move • Aug 14
Investor sentiment improves as stock rises 37% After last week's 37% share price gain to €4.24, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 18x in the Real Estate industry in Spain. Total returns to shareholders of 291% over the past three years. Valuation Update With 7 Day Price Move • Jul 31
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to €2.82, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 17x in the Real Estate industry in Spain. Total returns to shareholders of 167% over the past three years. Reported Earnings • Jul 27
Second quarter 2025 earnings released Second quarter 2025 results: Revenue: €8.12m (up 389% from 2Q 2024). Net income: €1.78m (up €2.02m from 2Q 2024). Profit margin: 22% (up from net loss in 2Q 2024). Revenue is forecast to grow 38% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Real Estate industry in Spain. New Risk • Jun 27
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Spanish stocks, typically moving 6.9% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (6.9% average weekly change). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Market cap is less than US$100m (€41.8m market cap, or US$48.9m). Upcoming Dividend • May 30
Upcoming dividend of €0.02 per share Eligible shareholders must have bought the stock before 06 June 2025. Payment date: 16 June 2025. Payout ratio is a comfortable 55% and the cash payout ratio is 80%. Trailing yield: 2.9%. Lower than top quartile of Spanish dividend payers (5.0%). Lower than average of industry peers (5.7%). Reported Earnings • May 09
First quarter 2025 earnings released First quarter 2025 results: Revenue: €1.05m (up 2.9% from 1Q 2024). Net loss: €426.0k (loss widened 85% from 1Q 2024). Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Aankondiging • Apr 28
Libertas 7, S.A., Annual General Meeting, May 28, 2025 Libertas 7, S.A., Annual General Meeting, May 28, 2025. Location: calle caballeros 22, valencia., Spain Buy Or Sell Opportunity • Mar 31
Now 23% undervalued after recent price drop Over the last 90 days, the stock has fallen 11% to €1.62. The fair value is estimated to be €2.10, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 27% over the last 3 years. Earnings per share has grown by 6.5%. Buy Or Sell Opportunity • Mar 16
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 3.9% to €1.72. The fair value is estimated to be €2.16, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 27% over the last 3 years. Earnings per share has grown by 6.5%. Reported Earnings • Mar 05
Full year 2024 earnings released Full year 2024 results: Revenue: €5.50m (down 59% from FY 2023). Net income: €1.75m (down 24% from FY 2023). Profit margin: 32% (up from 17% in FY 2023). Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 8% per year. Valuation Update With 7 Day Price Move • Dec 02
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to €1.85, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 13x in the Real Estate industry in Europe. Total returns to shareholders of 9.2% over the past three years. New Risk • Nov 29
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Spanish stocks, typically moving 5.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 91% Cash payout ratio: 223% Minor Risks Share price has been volatile over the past 3 months (5.4% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (€33.9m market cap, or US$35.7m). Reported Earnings • Nov 06
Third quarter 2024 earnings released: EPS: €0.045 (vs €0.033 in 3Q 2023) Third quarter 2024 results: EPS: €0.045 (up from €0.033 in 3Q 2023). Revenue: €2.66m (up 43% from 3Q 2023). Net income: €945.0k (up 35% from 3Q 2023). Profit margin: 36% (down from 38% in 3Q 2023). Revenue is forecast to grow 53% p.a. on average during the next 3 years, while revenues in the Real Estate industry in Spain are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Reported Earnings • Jul 28
Second quarter 2024 earnings released Second quarter 2024 results: Revenue: €1.66m (down 22% from 2Q 2023). Net loss: €243.0k (down 275% from profit in 2Q 2023). Revenue is forecast to grow 52% p.a. on average during the next 3 years, while revenues in the Real Estate industry in Spain are expected to remain flat. Valuation Update With 7 Day Price Move • Jun 18
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to €1.46, the stock trades at a forward P/E ratio of 85x. Average forward P/E is 15x in the Real Estate industry in Spain. Total loss to shareholders of 43% over the past three years. Upcoming Dividend • Jun 05
Upcoming dividend of €0.016 per share Eligible shareholders must have bought the stock before 12 June 2024. Payment date: 14 June 2024. Payout ratio is a comfortable 37% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of Spanish dividend payers (5.4%). Lower than average of industry peers (7.4%). Buy Or Sell Opportunity • May 25
Now 23% undervalued Over the last 90 days, the stock has risen 38% to €1.50. The fair value is estimated to be €1.95, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Valuation Update With 7 Day Price Move • May 13
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to €1.60, the stock trades at a trailing P/E ratio of 14.7x. Average trailing P/E is 32x in the Real Estate industry in Spain. Total loss to shareholders of 50% over the past three years. Reported Earnings • Apr 28
First quarter 2024 earnings released First quarter 2024 results: Revenue: €1.02m (down 79% from 1Q 2023). Net loss: €230.0k (down 151% from profit in 1Q 2023). Reported Earnings • Mar 03
Full year 2023 earnings released: EPS: €0.11 (vs €0.07 in FY 2022) Full year 2023 results: EPS: €0.11 (up from €0.07 in FY 2022). Revenue: €13.5m (up 17% from FY 2022). Net income: €2.31m (up 54% from FY 2022). Profit margin: 17% (up from 13% in FY 2022). Over the last 3 years on average, earnings per share has increased by 99% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings. New Risk • Feb 12
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (€22.4m market cap, or US$24.1m). Reported Earnings • Jul 31
First half 2023 earnings released: EPS: €0.043 (vs €0.02 in 1H 2022) First half 2023 results: EPS: €0.043 (up from €0.02 in 1H 2022). Revenue: €9.68m (up 185% from 1H 2022). Net income: €909.0k (up 111% from 1H 2022). Profit margin: 9.4% (down from 13% in 1H 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 7.5% growth forecast for the Real Estate industry in Spain. Over the last 3 years on average, earnings per share has increased by 108% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Jul 26
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to €1.12, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 14x in the Real Estate industry in Spain. Total loss to shareholders of 4.5% over the past three years. Valuation Update With 7 Day Price Move • Jun 14
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to €1.10, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 14x in the Real Estate industry in Spain. Total loss to shareholders of 6.2% over the past three years. Board Change • Nov 16
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 2 experienced directors. 5 highly experienced directors. Independent Director Mercedes de Pablo Lopez was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Jul 30
First half 2022 earnings released First half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (down €1.32m from profit in 1H 2021). Profit margin: (down from 11% in 1H 2021). Over the next year, revenue is forecast to grow 115%, compared to a 14% growth forecast for the industry in Spain. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Jun 21
Investor sentiment deteriorated over the past week After last week's 16% share price decline to €1.18, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 10x in the Real Estate industry in Spain. Total loss to shareholders of 19% over the past three years. Board Change • Apr 27
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 2 experienced directors. 5 highly experienced directors. Independent Director Mercedes de Pablo Lopez was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Apr 14
Investor sentiment improved over the past week After last week's 36% share price gain to €1.85, the stock trades at a forward P/E ratio of 46x. Average forward P/E is 13x in the Real Estate industry in Spain. Total returns to shareholders of 26% over the past three years. Reported Earnings • Mar 04
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: €0.06 (up from €0.17 loss in FY 2020). Revenue: €16.8m (up €14.7m from FY 2020). Net income: €1.21m (up €4.82m from FY 2020). Profit margin: 7.2% (up from net loss in FY 2020). Revenue was in line with analyst estimates. Over the next year, revenue is expected to shrink by 1.9% compared to a 15% decline forecast for the industry in Spain. Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Reported Earnings • Aug 04
Second quarter 2021 earnings released The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: €9.30m (up €8.73m from 2Q 2020). Net income: €1.60m (up €2.63m from 2Q 2020). Profit margin: 17% (up from net loss in 2Q 2020). Is New 90 Day High Low • Mar 03
New 90-day high: €1.42 The company is up 1.0% from its price of €1.40 on 03 December 2020. The Spanish market is up 2.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Real Estate industry, which is flat over the same period. Is New 90 Day High Low • Feb 03
New 90-day low: €1.34 The company is down 4.0% from its price of €1.40 on 04 November 2020. The Spanish market is up 14% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Real Estate industry, which is up 12% over the same period. Reported Earnings • Nov 04
Third quarter 2020 earnings released: €0.049 loss per share Third quarter 2020 results: Net loss: €1.03m (down €1.19m from profit in 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 9% per year whereas the company’s share price has fallen by 14% per year.