| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 4/6 |
| Financial Health | 6/6 |
| Dividends | 3/6 |
LIV Stock Overview
Livermore Investments Group Limited is a publicly owned investment manager.
Livermore Investments Group Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | UK£0.54 |
| 52 Week High | UK£0.66 |
| 52 Week Low | UK£0.42 |
| Beta | 0.49 |
| 1 Month Change | 4.83% |
| 3 Month Change | 10.71% |
| 1 Year Change | 24.14% |
| 3 Year Change | 19.23% |
| 5 Year Change | 17.30% |
| Change since IPO | -68.73% |
Recent News & Updates
Here's What You Should Know About Livermore Investments Group Limited's (LON:LIV) 8.2% Dividend Yield
Dividend paying stocks like Livermore Investments Group Limited ( LON:LIV ) tend to be popular with investors, and for...
Shareholder Returns
| LIV | GB Capital Markets | GB Market | |
|---|---|---|---|
| 7D | 1.9% | 1.9% | -0.3% |
| 1Y | 24.1% | -13.4% | -9.1% |
Return vs Industry: LIV exceeded the UK Capital Markets industry which returned -13.4% over the past year.
Return vs Market: LIV exceeded the UK Market which returned -9.1% over the past year.
Price Volatility
| LIV volatility | |
|---|---|
| LIV Average Weekly Movement | 2.6% |
| Capital Markets Industry Average Movement | 4.6% |
| Market Average Movement | 5.4% |
| 10% most volatile stocks in GB Market | 10.8% |
| 10% least volatile stocks in GB Market | 2.7% |
Stable Share Price: LIV is less volatile than 75% of UK stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: LIV's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2002 | 4 | Noam Lanir | https://www.livermore-inv.com |
Livermore Investments Group Limited is a publicly owned investment manager. The firm primarily invests in fixed income instruments such as Collateralized Loan Obligations (“CLOs”). The company, formerly Empire Online Limited, was incorporated in 2002 and is headquartered in Road Town, British Virgin Islands.
Livermore Investments Group Fundamentals Summary
| LIV fundamental statistics | |
|---|---|
| Market Cap | US$108.75m |
| Earnings (TTM) | US$24.70m |
| Revenue (TTM) | US$33.75m |
4.4x
P/E Ratio3.2x
P/S RatioIs LIV overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| LIV income statement (TTM) | |
|---|---|
| Revenue | US$33.75m |
| Cost of Revenue | US$0 |
| Gross Profit | US$33.75m |
| Other Expenses | US$9.05m |
| Earnings | US$24.70m |
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.15 |
| Gross Margin | 100.00% |
| Net Profit Margin | 73.20% |
| Debt/Equity Ratio | 0.08% |
How did LIV perform over the long term?
See historical performance and comparisonDividends
22.0%
Current Dividend Yield97%
Payout RatioValuation
Is LIV undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
2/6Valuation Score 2/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Analyst Forecast
Key Valuation Metric
Which metric is best to use when looking at relative valuation for LIV?
Other financial metrics that can be useful for relative valuation.
| What is LIV's n/a Ratio? | |
|---|---|
| n/a Ratio | 0x |
| n/a | n/a |
| Market Cap | US$108.75m |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 1.6x |
| Enterprise Value/EBITDA | 2.1x |
| PEG Ratio | n/a |
Price to Earnings Ratio vs Peers
How does LIV's PE Ratio compare to its peers?
| LIV PE Ratio vs Peers |
|---|
| Company | PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 14.5x | ||
FEN Frenkel Topping Group | 33.2x | 27.9% | UK£77.6m |
MERC Mercia Asset Management | 5.1x | -109.7% | UK£133.1m |
TMT TMT Investments | 1.4x | n/a | US$124.2m |
RMII RM Infrastructure Income | 18.1x | n/a | UK£104.9m |
LIV Livermore Investments Group | 4.4x | n/a | UK£89.7m |
Price-To-Earnings vs Peers: LIV is good value based on its Price-To-Earnings Ratio (4.4x) compared to the peer average (14.5x).
Price to Earnings Ratio vs Industry
How does LIV's PE Ratio compare vs other companies in the GB Capital Markets Industry?
Price-To-Earnings vs Industry: LIV is good value based on its Price-To-Earnings Ratio (4.4x) compared to the UK Capital Markets industry average (10.4x)
Price to Earnings Ratio vs Fair Ratio
What is LIV's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 4.4x |
| Fair PE Ratio | n/a |
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate LIV's Price-To-Earnings Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of LIV when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: LIV (£0.54) is trading above our estimate of fair value (£0.44)
Significantly Below Fair Value: LIV is trading above our estimate of fair value.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Insufficient data to show price forecast.
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Future Growth
How is Livermore Investments Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score
0/6Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
12.6%
Forecasted Diversified Financials industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Livermore Investments Group has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Discover growth companies
- Check out Livermore Investments Group's track record over time to understand how much the company has returned to shareholders and its earnings growth rate in the past.
- Livermore Investments Group competitive advantages and company strategy can generally be found in its financial reports archived here.
Past Performance
How has Livermore Investments Group performed over the past 5 years?
Past Performance Score
4/6Past Performance Score 4/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
-6.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: LIV has high quality earnings.
Growing Profit Margin: LIV's current net profit margins (73.2%) are higher than last year (24%).
Past Earnings Growth Analysis
Earnings Trend: LIV's earnings have declined by 6.5% per year over the past 5 years.
Accelerating Growth: LIV's earnings growth over the past year (2823.1%) exceeds its 5-year average (-6.5% per year).
Earnings vs Industry: LIV earnings growth over the past year (2823.1%) exceeded the Capital Markets industry 15.5%.
Return on Equity
High ROE: LIV's Return on Equity (13.9%) is considered low.
Discover strong past performing companies
Financial Health
How is Livermore Investments Group's financial position?
Financial Health Score
6/6Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: LIV's short term assets ($63.0M) exceed its short term liabilities ($6.8M).
Long Term Liabilities: LIV's short term assets ($63.0M) exceed its long term liabilities ($88.0K).
Debt to Equity History and Analysis
Debt Level: LIV has more cash than its total debt.
Reducing Debt: LIV's debt to equity ratio has reduced from 0.8% to 0.08% over the past 5 years.
Debt Coverage: LIV's debt is well covered by operating cash flow (19169.8%).
Interest Coverage: LIV's interest payments on its debt are well covered by EBIT (1485.2x coverage).
Balance Sheet
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Dividend
What is Livermore Investments Group current dividend yield, its reliability and sustainability?
Dividend Score
3/6Dividend Score 3/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Cash Flow Coverage
22.05%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: LIV's dividend (22.05%) is higher than the bottom 25% of dividend payers in the UK market (1.83%).
High Dividend: LIV's dividend (22.05%) is in the top 25% of dividend payers in the UK market (5.13%)
Stability and Growth of Payments
Stable Dividend: LIV has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: LIV's dividend payments have increased, but the company has only paid a dividend for 9 years.
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (97.1%), LIV's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (83.9%), LIV's dividend payments are covered by cash flows.
Discover strong dividend paying companies
Management
How experienced are the management team and are they aligned to shareholders interests?
15.0yrs
Average board tenure
CEO
Noam Lanir (55 yo)
24.08yrs
Tenure
US$1,445,000
Compensation
Mr. Noam Lanir founded Livermore Investments Group Limited in July 1998 and serves as its Chief Executive Officer and Executive Director. Mr. Lanir oversees Livermore's marketing strategy as well as the de...
Board Members
Experienced Board: LIV's board of directors are seasoned and experienced ( 15 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Livermore Investments Group Limited's employee growth, exchange listings and data sources
Key Information
- Name: Livermore Investments Group Limited
- Ticker: LIV
- Exchange: AIM
- Founded: 2002
- Industry: Asset Management and Custody Banks
- Sector: Diversified Financials
- Implied Market Cap: UK£89.705m
- Shares outstanding: 165.36m
- Website: https://www.livermore-inv.com
Number of Employees
Location
- Livermore Investments Group Limited
- Trident Chambers
- PO Box 146
- Road Town
- Tortola
- British Virgin Islands
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/08/12 00:00 |
| End of Day Share Price | 2022/08/11 00:00 |
| Earnings | 2021/12/31 |
| Annual Earnings | 2021/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.