Liberty Shoes
Market Cap
₹1.6b
Last Updated
2020/03/28 13:13 UTC
Data Sources
Company Financials
Executive Summary
Liberty Shoes Limited manufactures and trades in footwear, accessories, and lifestyle products in India and internationally.
Snowflake Analysis
Acceptable track record with mediocre balance sheet.
Share Price & News
How has Liberty Shoes's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: LIBERTSHOE's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
19.4%
LIBERTSHOE
-2.4%
IN Luxury
-3.0%
IN Market
1 Year Return
-39.5%
LIBERTSHOE
-26.9%
IN Luxury
-29.2%
IN Market
Return vs Industry: LIBERTSHOE underperformed the Indian Luxury industry which returned -26.9% over the past year.
Return vs Market: LIBERTSHOE underperformed the Indian Market which returned -29.2% over the past year.
Shareholder returns
| LIBERTSHOE | Industry | Market | |
|---|---|---|---|
| 7 Day | 19.4% | -2.4% | -3.0% |
| 30 Day | -17.9% | -28.4% | -26.9% |
| 90 Day | -33.7% | -25.6% | -28.5% |
| 1 Year | -39.5%-39.5% | -26.2%-26.9% | -27.7%-29.2% |
| 3 Year | -47.5%-47.5% | 0.8%-1.6% | -15.2%-19.9% |
| 5 Year | -64.6%-64.9% | 43.7%38.6% | -3.1%-8.1% |
Price Volatility Vs. Market
How volatile is Liberty Shoes's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
A Sliding Share Price Has Us Looking At Liberty Shoes Limited's (NSE:LIBERTSHOE) P/E Ratio2 weeks ago | Simply Wall St
What Did Liberty Shoes Limited's (NSE:LIBERTSHOE) CEO Take Home Last Year?3 weeks ago | Simply Wall St
A Look At The Intrinsic Value Of Liberty Shoes Limited (NSE:LIBERTSHOE)Valuation
Is Liberty Shoes undervalued compared to its fair value and its price relative to the market?
14.47x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: LIBERTSHOE (₹91.35) is trading above our estimate of fair value (₹84.02)
Significantly Below Fair Value: LIBERTSHOE is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: LIBERTSHOE is poor value based on its PE Ratio (14.5x) compared to the Luxury industry average (7.8x).
PE vs Market: LIBERTSHOE is poor value based on its PE Ratio (14.5x) compared to the Indian market (9.2x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate LIBERTSHOE's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: LIBERTSHOE is overvalued based on its PB Ratio (0.9x) compared to the IN Luxury industry average (0.4x).
Next Steps
Future Growth
How is Liberty Shoes forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
19.9%
Forecasted Consumer Durables 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 Liberty Shoes 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.
Next Steps
- Take a look at our analysis of LIBERTSHOE’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- Liberty Shoes competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Consumer Durables industry.
Past Performance
How has Liberty Shoes performed over the past 5 years?
-12.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: LIBERTSHOE has a large one-off gain of ₹51.0M impacting its December 31 2019 financial results.
Growing Profit Margin: LIBERTSHOE's current net profit margins (1.8%) are higher than last year (1.2%).
Past Earnings Growth Analysis
Earnings Trend: LIBERTSHOE's earnings have declined by -12% per year over the past 5 years.
Accelerating Growth: LIBERTSHOE's earnings growth over the past year (49.2%) exceeds its 5-year average (-12% per year).
Earnings vs Industry: LIBERTSHOE earnings growth over the past year (49.2%) exceeded the Luxury industry 6.4%.
Return on Equity
High ROE: LIBERTSHOE's Return on Equity (5.9%) is considered low.
Next Steps
Financial Health
How is Liberty Shoes's financial position?
Financial Position Analysis
Short Term Liabilities: LIBERTSHOE's short term assets (₹3.8B) exceed its short term liabilities (₹2.7B).
Long Term Liabilities: LIBERTSHOE's short term assets (₹3.8B) exceed its long term liabilities (₹234.0M).
Debt to Equity History and Analysis
Debt Level: LIBERTSHOE's debt to equity ratio (71.2%) is considered high.
Reducing Debt: LIBERTSHOE's debt to equity ratio has reduced from 92.8% to 71.2% over the past 5 years.
Debt Coverage: LIBERTSHOE's debt is not well covered by operating cash flow (18.5%).
Interest Coverage: LIBERTSHOE's interest payments on its debt are not well covered by EBIT (2.2x coverage).
Balance Sheet
Inventory Level: LIBERTSHOE has a high level of physical assets or inventory.
Debt Coverage by Assets: LIBERTSHOE's debt is covered by short term assets (assets are 2.9x debt).
Next Steps
Dividend
What is Liberty Shoes's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate LIBERTSHOE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate LIBERTSHOE's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if LIBERTSHOE's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if LIBERTSHOE's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: LIBERTSHOE is not paying a notable dividend for the Indian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of LIBERTSHOE's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
11.9yrs
Average management tenure
CEO
Adesh Gupta (59yo)
16.17s
Tenure
₹4,800,000
Compensation
Mr. Adesh Kumar Gupta, B.E(Mechanical Eng.) serves as the Chairman of Liberty Shoes Ltd. Mr. Gupta has been the Chief Executive Officer of Liberty Shoes Ltd since January 8, 2004. He served as the Chairman ...
CEO Compensation Analysis
Compensation vs Market: Adesh's total compensation ($USD63.68K) is above average for companies of similar size in the Indian market ($USD48.50K).
Compensation vs Earnings: Adesh's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 16.17yrs | ₹4.80m | 4.55% ₹71.0m | |
| CFO, Company Secretary & Compliance Officer | no data | no data | no data | |
| Executive Director | 29.5yrs | ₹4.80m | 6.09% ₹95.1m | |
| Executive Director | 29.33yrs | no data | 1.37% ₹21.3m | |
| Head of Production PVC & Non Leather Division | no data | no data | 1.37% ₹21.4m | |
| Executive Director | 8.58yrs | ₹4.80m | 4.98% ₹77.8m | |
| Executive Director | 5.17yrs | ₹1.32m | no data | |
| Chief Financial Officer of Retail | 12.58yrs | no data | no data | |
| Chief Executive Officer of Retail | no data | no data | no data | |
| Head of Information Technology | 10.75yrs | no data | no data |
11.9yrs
Average Tenure
55yo
Average Age
Experienced Management: LIBERTSHOE's management team is seasoned and experienced (11.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 16.17yrs | ₹4.80m | 4.55% ₹71.0m | |
| Executive Director | 29.5yrs | ₹4.80m | 6.09% ₹95.1m | |
| Executive Director | 29.33yrs | no data | 1.37% ₹21.3m | |
| Executive Director | 8.58yrs | ₹4.80m | 4.98% ₹77.8m | |
| Executive Director | 5.17yrs | ₹1.32m | no data | |
| Non-executive Independent Director | 0.50yr | no data | no data | |
| Independent Non-Executive Director | 14.25yrs | ₹110.00k | no data | |
| Independent Non-Executive Director | 8yrs | ₹110.00k | 0.0012% ₹18.3k | |
| Independent Non-Executive Director | 7.58yrs | ₹35.00k | no data | |
| Women Independent Director | 5.17yrs | ₹35.00k | no data |
8.0yrs
Average Tenure
63yo
Average Age
Experienced Board: LIBERTSHOE's board of directors are considered experienced (8 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
Liberty Shoes Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Liberty Shoes Limited
- Ticker: LIBERTSHOE
- Exchange: NSEI
- Founded: 1954
- Industry: Footwear
- Sector: Consumer Durables
- Market Cap: ₹1.560b
- Shares outstanding: 17.04m
- Website: https://www.libertyshoes.com
Number of Employees
Location
- Liberty Shoes Limited
- Liberty House
- Liberty Road
- Karnal
- Haryana
- 132001
- India
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 526596 | BSE (Mumbai Stock Exchange) | Yes | Equity Shares | IN | INR | Sep 1995 |
| LIBERTSHOE | NSEI (National Stock Exchange of India) | Yes | Equity Shares | IN | INR | Sep 1995 |
Biography
Liberty Shoes Limited manufactures and trades in footwear, accessories, and lifestyle products in India and internationally. The company offers footwear products, such as casual, formal, sports, fashion, women, kids, and men footwear under the Leap7X, Healers, Fortune, Force 10, Senorita, Lucky Luke, Gliders, AHA, Rebounce, Coolers, and Perfect brand names. It operates through 100 distributors and 425 exclusive showrooms, as well as online. Liberty Shoes Limited was founded in 1954 and is headquartered in Karnal, India.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/03/28 13:13 |
| End of Day Share Price | 2020/03/27 00:00 |
| Earnings | 2019/12/31 |
| Annual Earnings | 2019/03/31 |
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.