Liberty Shoes
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Liberty Shoes Limited manufactures and sells footwear and fashion accessories in India and internationally. The last earnings update was 54 days ago. More info.
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LIBERTSHOE Share Price and Events
7 Day Returns
1 Year Returns
LIBERTSHOE Shareholder Return
| 7 Day | 30 Day | 90 Day | 1 Year | 3 Year | 5 Year | |
|---|---|---|---|---|---|---|
| Liberty Shoes (LIBERTSHOE) | -5.7% | -8.8% | -14.1% | -41% | -19.8% | -18.3% |
| IN Luxury | 0.9% | 1.7% | 8.7% | -3.2% | 48.8% | 161.5% |
| IN Market | 0.8% | 2.8% | 5.9% | -0.7% | 41.2% | 72.5% |
1 Year Return vs Industry and Market
- LIBERTSHOE underperformed the Luxury industry which returned -3.2% over the past year.
- LIBERTSHOE underperformed the Market in India which returned -0.7% over the past year.
Value
Is Liberty Shoes undervalued based on future cash flows and its price relative to the stock market?
Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current
share
price of
Liberty Shoes
to its discounted cash flow analysis.value.The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Below are the data sources, inputs and calculation used to determine the intrinsic value for Liberty Shoes.
| Data Point | Source | Value |
|---|---|---|
| Valuation Model | 2 Stage Free Cash Flow to Equity | |
| Levered Free Cash Flow | Extrapolated from most recent financials. | See below |
| Discount Rate (Cost of Equity) | See below | 16.1% |
| Perpetual Growth Rate | 10-Year IN Government Bond Rate | 7.6% |
An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.
| Data Point | Calculation/ Source | Result |
|---|---|---|
| Risk-Free Rate | 10-Year IN Govt Bond Rate | 7.6% |
| Equity Risk Premium | S&P Global | 8.6% |
| Luxury Unlevered Beta | Simply Wall St/ S&P Global | 0.73 |
| Re-levered Beta | = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.729 (1 + (1- 35%) (55.28%)) |
0.994 |
| Levered Beta | Levered Beta limited to 0.8 to 2.0 (practical range for a stable firm) |
0.99 |
| Discount Rate/ Cost of Equity |
= Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 7.55% + (0.994 * 8.6%) |
16.1% |
Discounted Cash Flow Calculation for NSEI:LIBERTSHOE using 2 Stage Free Cash Flow to Equity Model
The calculations below outline how an intrinsic value for Liberty Shoes is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.
| Levered FCF (INR, Millions) | Source |
Present Value Discounted (@ 16.1%) |
|
|---|---|---|---|
| 2019 | 187.77 | Est @ 12.77% | 161.73 |
| 2020 | 208.80 | Est @ 11.2% | 154.91 |
| 2021 | 229.91 | Est @ 10.11% | 146.92 |
| 2022 | 251.38 | Est @ 9.34% | 138.36 |
| 2023 | 273.51 | Est @ 8.8% | 129.67 |
| 2024 | 296.56 | Est @ 8.43% | 121.10 |
| 2025 | 320.77 | Est @ 8.16% | 112.82 |
| 2026 | 346.36 | Est @ 7.98% | 104.93 |
| 2027 | 373.56 | Est @ 7.85% | 97.48 |
| 2028 | 402.55 | Est @ 7.76% | 90.48 |
| Present value of next 10 years cash flows | ₹1,258.40 | ||
| Calculation | Result | |
|---|---|---|
| Terminal Value |
= FCF2028
× (1 + g) ÷ (Discount Rate – g)
= ₹402.55 × (1 + 7.55%) ÷ (16.1% – 7.55%) |
₹5,064.43 |
| Present Value of Terminal Value |
= Terminal Value ÷ (1 + r)10
= ₹5,064.43 ÷ (1 + 16.1%)10 |
₹1,138.31 |
| Calculation | Result | |
|---|---|---|
| Total Equity Value |
= Present value of next 10 years cash flows +
Terminal Value
= ₹1,258.40 + ₹1,138.31 |
₹2,396.71 |
| Equity Value per Share (INR) |
= Total value / Shares Outstanding
= ₹2,396.71 / 17.04 |
₹140.65 |
| Calculation | Result | |
|---|---|---|
| Non-primary Listing Adjustment Factor |
1 share in NSEI:LIBERTSHOE
represents 1.00072x
of
BSE:526596
(This could be a different class, a depositary receipt, a different currency, or all of these things.) |
1.00072x |
| Value per Share (Listing Adjusted, INR) |
= Value per Share (INR) x Listing Adjustment Factor
= ₹ 140.65 x 1.00072 |
₹140.75 |
| Value per share (INR) | From above. | ₹140.75 |
| Current discount | Discount to share price of
₹139.60
= -1 x (₹139.60 - ₹140.75) / ₹140.75 |
0.8% |
Learn more about our DCF calculations in Simply Wall St’s analysis model .
Current Discount
Current Discount Checks
- Liberty Shoes's share price is below the future cash flow value, but not at a moderate discount (< 20%).
- Liberty Shoes's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.The amount the stock market is willing to pay for Liberty Shoes's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are
Liberty Shoes's earnings available for a low price, and how does
this compare to other companies in the same industry?
| Data Point | Source | Value |
|---|---|---|
| Earnings Per Share * | Company Filings (2018-12-31) in INR | ₹4.23 |
| BSE:526596 Share Price ** | BSE (2019-04-22) in INR | ₹139.5 |
| India Luxury Industry PE Ratio | Median Figure of 240 Publicly-Listed Luxury Companies | 12.25x |
| India Market PE Ratio | Median Figure of 2,738 Publicly-Listed Companies | 16.33x |
* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.
** Primary Listing of Liberty Shoes.
| Calculation | Outcome | |
|---|---|---|
| PE Ratio | = BSE:526596 Share Price ÷ EPS (both in INR) = 139.5 ÷ 4.23 |
32.95x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Liberty Shoes is overvalued based on earnings compared to the IN Luxury industry average.
- Liberty Shoes is overvalued based on earnings compared to the India market.
Price based on expected Growth
Does
Liberty Shoes's expected growth come at a high price?
| Data Point | Source | Value |
|---|---|---|
| PE Ratio | See PE Ratio Section | 32.95x |
| Net Income Annual Growth Rate | See Future Growth Section. Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts |
17.4%per year |
| India Luxury Industry PEG Ratio | Median Figure of 25 Publicly-Listed Luxury Companies | 1.55x |
| India Market PEG Ratio | Median Figure of 585 Publicly-Listed Companies | 1.32x |
*Line of best fit is calculated by linear regression .
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Unable to calculate PEG ratio for Liberty Shoes, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on
Liberty Shoes's
assets?
| Data Point | Source | Value |
|---|---|---|
| Book Value per Share | Company Filings (2018-12-31) in INR | ₹101.04 |
| BSE:526596 Share Price * | BSE (2019-04-22) in INR | ₹139.5 |
| India Luxury Industry PB Ratio | Median Figure of 311 Publicly-Listed Luxury Companies | 0.74x |
| India Market PB Ratio | Median Figure of 3,628 Publicly-Listed Companies | 1.11x |
| Calculation | Outcome | |
|---|---|---|
| PB Ratio | = BSE:526596 Share Price ÷ Book Value per Share (both in INR) = 139.5 ÷ 101.04 |
1.38x |
* Primary Listing of Liberty Shoes.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Liberty Shoes is overvalued based on assets compared to the IN Luxury industry average.
Value checks
We assess Liberty Shoes's value by looking at:- Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
- Is the PE ratio less than the market average, and/ or less than the Luxury industry average (and greater than 0)? (2 checks)
- Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
- Is the PB ratio less than the Luxury industry average (and greater than 0)? (1 check) Liberty Shoes has a total score of 0/6, see the detailed checks below.
Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.
Full details on the Value part of the Simply Wall St company analysis model.
Future Performance
- No analysts cover Liberty Shoes, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past
performance, by looking at estimated
growth
and how much profit it is expected to make.Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Earnings growth vs Low Risk Savings
- Liberty Shoes's earnings growth is expected to exceed the low risk savings rate of 7.6%.
Growth vs Market Checks
- Liberty Shoes's earnings growth is positive but not above the India market average.
- Unable to compare Liberty Shoes's revenue growth to the India market average as no estimate data is available.
Annual Growth Rates Comparison
| Data Point | Source | Value (per year) |
|---|---|---|
| NSEI:LIBERTSHOE Future Earnings Growth Rate | Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts | 17.4% |
| India Luxury Industry Earnings Growth Rate | Market Cap Weighted Average | 19.3% |
| India Luxury Industry Revenue Growth Rate | Market Cap Weighted Average | 15% |
| India Market Earnings Growth Rate | Market Cap Weighted Average | 18.5% |
| India Market Revenue Growth Rate | Market Cap Weighted Average | 11.7% |
*Line of best fit is calculated by linear regression .
Industry and Market average data is calculated daily.
Learn more about our growth rate calculations in Simply Wall St’s analysis model.
Analysts growth expectations
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (3 months ago) | See Below |
| Future Estimates | Average of up to 0 Analyst Estimates (S&P Global) | See Below |
| Date (Data in INR Millions) | Revenue | Cash Flow | Net Income * | Avg. No. Analysts |
|---|
| Date (Data in INR Millions) | Revenue | Cash Flow | Net Income * |
|---|---|---|---|
| 2018-12-31 | 5,908 | 72 | |
| 2018-09-30 | 6,086 | 87 | |
| 2018-06-30 | 5,675 | 78 | |
| 2018-03-31 | 5,433 | 322 | 66 |
| 2017-03-31 | 4,959 | 208 | 64 |
| 2016-03-31 | 4,525 | 387 | 101 |
*GAAP earnings excluding extraordinary items.
Past and Future Earnings per Share
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (3 months ago) | See Below |
| Future Estimates | Average of up to 0 Analyst Estimates (S&P Global) | See Below |
All data from Liberty Shoes Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in INR Millions) | EPS * | EPS High Estimate | EPS Low Estimate | Avg. No. Analysts |
|---|
| Date (Data in INR Millions) | EPS * |
|---|---|
| 2018-12-31 | 4.23 |
| 2018-09-30 | 5.09 |
| 2018-06-30 | 4.58 |
| 2018-03-31 | 3.87 |
| 2017-03-31 | 3.75 |
| 2016-03-31 | 5.90 |
*GAAP earnings excluding extraordinary items.
Performance in 3 years
In the same way as past performance we look at the future estimated return
(profit) compared to the available
funds. We do this looking forward 3 years.
- Unable to establish if Liberty Shoes will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
Future performance checks
We assess Liberty Shoes's future performance by looking at:- Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
- Is the annual earnings growth rate expected to beat the average growth rate in earnings of the India market? (1 check)
- Is the annual revenue growth rate expected to beat the average growth rate in revenue of the India market? (1 check)
- Is the annual earnings growth rate expected to be above 20%? (1 check)
- Is the annual revenue growth rate expected to be above 20%? (1 check)
- Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Liberty Shoes has a total score of 1/6, see the detailed checks below.
Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.
Full details on the Future part of the Simply Wall St company analysis model.
Past Performance
How has Liberty Shoes performed over the past 5 years?
The past performance of a company can be measured by how much
growth
it has experienced and how much profit it makes relative to the funds and assets
it has available.
Past earnings growth
Past Earnings growth analysis
- Liberty Shoes's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
- Liberty Shoes's 1-year earnings growth exceeds its 5-year average (10.2% vs -17.6%)
- Liberty Shoes's earnings growth has not exceeded the IN Luxury industry average in the past year (10.2% vs 14.8%).
Earnings and Revenue History
All data from Liberty Shoes Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in INR Millions) | Revenue | Net Income * | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 2018-12-31 | 5,908.20 | 72.16 | 1,190.18 | |
| 2018-09-30 | 6,085.57 | 86.60 | 1,149.65 | |
| 2018-06-30 | 5,675.35 | 77.88 | 1,129.97 | |
| 2018-03-31 | 5,432.86 | 66.01 | 1,106.39 | |
| 2017-03-31 | 4,959.08 | 63.90 | 1,067.09 | |
| 2016-03-31 | 4,524.81 | 100.55 | 958.67 | |
| 2015-03-31 | 5,238.90 | 169.23 | 978.23 | |
| 2014-03-31 | 4,834.89 | 132.69 | 1,369.09 | |
| 2013-03-31 | 3,602.64 | 53.88 | 1,138.78 |
*GAAP earnings excluding extraordinary items.
Performance last year
We want to ensure a company is making the most of what it has available. This is
done by comparing the return (profit) to a company's available
funds,
assets
and
capital.
- Liberty Shoes has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
- Liberty Shoes used its assets less efficiently than the IN Luxury industry average last year based on Return on Assets.
- Liberty Shoes's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
Past performance checks
We assess Liberty Shoes's performance over the past 5 years by checking for:- Has earnings increased in past 5 years? (1 check)
- Has the earnings growth in the last year exceeded that of the Luxury industry? (1 check)
- Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
- Is the Return on Equity (ROE) higher than 20%? (1 check)
- Is the Return on Assets (ROA) above industry average? (1 check)
- Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
Liberty Shoes has a total score of 1/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
Full details on the Past part of the Simply Wall St company analysis model.
Health
How is Liberty Shoes's financial health and their level of debt?
A company's financial position is much like your own financial position,
it includes everything you own
(assets)
and owe
(liabilities).The boxes below represent the relative size of what makes up Liberty Shoes's finances.
The net worth of a company is the difference between its assets and liabilities.
- Liberty Shoes is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
- Liberty Shoes's cash and other short term assets cover its long term commitments.
Balance sheet
Assets
Liabilities and shares
- High level of physical assets or inventory.
- Debt is covered by short term assets, assets are 2.7x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t
bad,
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
All data from Liberty Shoes Company Filings, last reported 3 months ago.
| Date (Data in INR Millions) | Total Equity | Total Debt | Cash & Short Term Investments |
|---|---|---|---|
| 2018-12-31 | 1,725.79 | 1,360.56 | 75.89 |
| 2018-09-30 | 1,725.79 | 1,360.56 | 75.89 |
| 2018-06-30 | 1,682.99 | 1,161.30 | 87.56 |
| 2018-03-31 | 1,682.99 | 1,161.30 | 87.56 |
| 2017-03-31 | 1,622.19 | 1,426.35 | 78.47 |
| 2016-03-31 | 1,559.04 | 1,348.97 | 75.30 |
| 2015-03-31 | 1,456.20 | 1,388.49 | 63.39 |
| 2014-03-31 | 1,382.30 | 1,166.56 | 71.49 |
| 2013-03-31 | 1,367.39 | 1,191.83 | 146.71 |
- Liberty Shoes's level of debt (78.8%) compared to net worth is high (greater than 40%).
- The level of debt compared to net worth has been reduced over the past 5 years (85.1% vs 78.8% today).
- Debt is well covered by operating cash flow (23.7%, greater than 20% of total debt).
- Interest payments on debt are not well covered by earnings (EBIT is 2.3x annual interest expense, ideally 3x coverage).
Financial health checks
We assess Liberty Shoes's financial health by checking for:- Are short term assets greater than short term liabilities? (1 check)
- Are short term assets greater than long term liabilities? (1 check)
- Has the debt to equity ratio increased in the past 5 years? (1 check)
- Is the debt to equity ratio over 40%? (1 check)
- Is the debt covered by operating cash flow? (1 check)
- Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check) Liberty Shoes has a total score of 4/6, see the detailed checks below.
- Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
- Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
Full details on the Health part of the Simply Wall St company analysis model.
Dividends
What is Liberty Shoes's current dividend yield, its reliability and sustainability?
Dividends are regular cash payments to you from the company, similar to a
bank paying you interest on a savings account.
Annual Dividend Income
If you bought
₹2,000 of
Liberty Shoes
shares you are expected to receive
₹0
in your first year as a dividend.
Dividend Amount
- Unable to evaluate Liberty Shoes's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
- Unable to evaluate Liberty Shoes's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not
wildly increasing/decreasing each year. This graph shows you the historical rate
to count toward your assessment of the stock.We also check to see if the dividend has increased in the past 10 years.
| Data Point | Source | Value |
|---|---|---|
| Past Annualized Dividend Yield | S&P Global Market Data | See Below |
| Past Dividends per Share | Company Filings/ Annualized Dividend Payments | See Below |
| Future Dividends per Share Estimates | Average of up to 0 Analyst Estimates (S&P Global) | See Below |
| India Luxury Industry Average Dividend Yield | Market Cap Weighted Average of 110 Stocks | 0.6% |
| India Market Average Dividend Yield | Market Cap Weighted Average of 1400 Stocks | 1.4% |
| India Minimum Threshold Dividend Yield | 10th Percentile | 0.3% |
| India Bottom 25% Dividend Yield | 25th Percentile | 0.5% |
| India Top 25% Dividend Yield | 75th Percentile | 1.9% |
Industry and Market average data is calculated daily.
Note all dividend per share amounts are annualized and not quarterly or other period.
| Date (Data in ₹) | Dividend per Share (annual) | Avg. No. Analysts |
|---|
| Date (Data in ₹) | Dividend per share (annual) | Avg. Yield (%) |
|---|---|---|
| 2017-05-25 | 0.000 | 0.000 |
| 2016-05-30 | 0.000 | 0.000 |
| 2015-09-07 | 1.500 | 0.842 |
| 2015-05-29 | 1.500 | 0.645 |
| 2014-09-11 | 1.500 | 0.567 |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Unable to perform a dividend volatility check as Liberty Shoes has not reported any payouts.
- Unable to verify if Liberty Shoes's dividend has been increasing as the company has not reported any payouts.
Income/ dividend checks
We assess Liberty Shoes's dividend by checking for:- Firstly is the company paying a notable dividend (greater than 0.3%) - if not then the rest of the checks are ignored.
- Is current dividend yield above the bottom 25% of dividend payers? (1 check)
- Is current dividend yield above the top 25% of dividend payers? (1 check)
- Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
- If they have paid a dividend for 10 years has it increased in this time? (1 check)
- How sustainable is the dividend, can Liberty Shoes afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks) Liberty Shoes has a total score of 0/6, see the detailed checks below.
Full details on the Dividends part of the Simply Wall St company analysis model.
Management
CEO
| COMPENSATION | ₹4,800,000 |
| AGE | 58 |
| TENURE AS CEO | 15.3 years |
CEO Bio
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 of Northern Region of appointments and their promotions etc., from 2006 to 2007. He has been an Executive Director of Liberty Shoes Ltd., since September 28, 1990. Mr. Gupta holds a BE in Mechanical Engineering.
CEO Compensation
- Adesh's compensation has been consistent with company performance over the past year.
- Adesh's remuneration is higher than average for companies of similar size in India.
Management Team Tenure
Average tenure and age of the Liberty Shoes management team in years:
- The average tenure for the Liberty Shoes management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team
Adesh Gupta
Chairman & CEO
₹5M
58
15.3 yrs
Munish Kakra
CFO, Company Secretary & Compliance Officer
₹4M
54
Shammi Bansal
Executive Director
₹5M
57
Adeesh Gupta
Executive Director
₹5M
54
Ashok Kumar
Executive Director
₹1M
49
Satish Saini
CFO of Retail
49
11.7 yrs
Ramesh Sadhu
CEO of Retail
63
Sunil Bansal
Director Exports & Executive Director
57
Ram Prakash
Head of Information Technology
43
9.8 yrs
Manan Bansal
Director of Marketing
Board of Directors Tenure
Average tenure and age of the Liberty Shoes board of directors in years:
- The tenure for the Liberty Shoes board of directors is about average.
Board of Directors
Adesh Gupta
Chairman & CEO
₹5M
58
Shammi Bansal
Executive Director
₹5M
57
28.6 yrs
Adeesh Gupta
Executive Director
₹5M
54
7.7 yrs
Ashok Kumar
Executive Director
₹1M
49
4.3 yrs
Sunil Bansal
Director Exports & Executive Director
57
10.3 yrs
Raghu Dayal
Independent Non-Executive Director
₹100K
84
13.3 yrs
Ramesh Palhan
Independent Non-Executive Director
₹100K
74
7.1 yrs
Pushpinder Grewal
Independent Non-Executive Director
₹30K
72
6.7 yrs
Lovelena Mody
Independent Non-Executive Director
₹10K
65
4.3 yrs
Who owns this company?
Recent Insider Transactions
| Announced | Type | Name | Entity | Role | Start | End | Shares | Max Price (₹) | Value (₹) | |
|---|---|---|---|---|---|---|---|---|---|---|
| 01. Dec 18 | Sell | Pranav Gupta | Individual | 29. Aug 18 | 30. Aug 18 | -41,069 | ₹207.14 | ₹-8,494,012 | ||
| 11. Sep 18 | Sell | Arpan Gupta | Individual | 10. Sep 18 | 10. Sep 18 | -5,000 | ₹198.60 | ₹-993,000 | ||
| 07. Sep 18 | Sell | Arpan Gupta | Individual | 05. Sep 18 | 06. Sep 18 | -7,133 | ₹200.24 | ₹-1,423,266 | ||
| 27. Aug 18 | Sell | Arpan Gupta | Individual | 23. Aug 18 | 24. Aug 18 | -84,127 | ₹221.31 | ₹-18,378,719 | ||
| 23. Aug 18 | Sell | Arpan Gupta | Individual | 21. Aug 18 | 21. Aug 18 | -6,000 | ₹210.17 | ₹-1,261,023 | ||
| 21. Aug 18 | Sell | Arpan Gupta | Individual | 14. Aug 18 | 20. Aug 18 | -62,119 | ₹205.59 | ₹-12,662,100 | ||
| 16. Aug 18 | Sell | Arpan Gupta | Individual | 13. Aug 18 | 13. Aug 18 | -7,533 | ₹201.44 | ₹-1,517,463 | ||
| 01. May 18 | Sell | Arpan Gupta | Individual | 27. Apr 18 | 30. Apr 18 | -2,900 | ₹231.93 | ₹-671,839 | ||
| 11. Jul 18 | Sell | Arpan Gupta | Individual | 10. Jul 18 | 10. Jul 18 | -1,300 | ₹188.08 | ₹-244,500 | ||
| 09. Jul 18 | Sell | Arpan Gupta | Individual | 05. Jul 18 | 05. Jul 18 | -2,143 | ₹174.30 | ₹-373,527 | ||
| 10. Jul 18 | Sell | Arpan Gupta | Individual | 06. Jul 18 | 09. Jul 18 | -4,200 | ₹176.35 | ₹-740,046 | ||
| 11. Jul 18 | Buy | Anmol Gupta | Individual | 05. Jun 18 | 06. Jun 18 | 4,993 | ₹165.28 | ₹805,872 | ||
| 22. Jun 18 | Sell | Arpan Gupta | Individual | 19. Jun 18 | 19. Jun 18 | -6,500 | ₹217.54 | ₹-1,414,018 | ||
| 19. Jun 18 | Sell | Arpan Gupta | Individual | 13. Jun 18 | 13. Jun 18 | -1,500 | ₹172.00 | ₹-258,000 | ||
| 14. May 18 | Sell | Arpan Gupta | Individual | 08. May 18 | 10. May 18 | -4,002 | ₹227.09 | ₹-884,174 | ||
| 08. May 18 | Sell | Arpan Gupta | Individual | 03. May 18 | 04. May 18 | -3,000 | ₹230.00 | ₹-671,811 | ||
Management checks
We assess Liberty Shoes's management by checking for:- Is the CEO's compensation unreasonable compared to market cap? (1 check)
- Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
- Is the average tenure of the management team less than 2 years? (1 check)
- Is the average tenure of the board of directors team less than 3 years? (1 check) Liberty Shoes has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.
Note: We use the top 6 management executives and board members in our calculations.
Note 2: Insider trading include any internal stakeholders and these transactions .
Full details on the Management part of the Simply Wall St company analysis model.
News
Simply Wall St News
A Look At The Fair Value Of Liberty Shoes Limited (NSE:LIBERTSHOE)
Remember though, that there are many ways to estimate a company's value, and a DCF is just one method. … Anyone interested in learning a bit more about intrinsic value should have a read of the Simply Wall St analysis model? … The first stage is generally a higher growth period which levels off heading towards the terminal value, captured in the second 'steady growth' period.
Simply Wall St - – Full articleHave Insiders Been Selling Liberty Shoes Limited (NSE:LIBERTSHOE) Shares?
So we'll take a look at whether insiders have been buying or selling shares in Liberty Shoes Limited (NSE:LIBERTSHOE). … The Last 12 Months Of Insider Transactions At Liberty Shoes. … In total, Liberty Shoes insiders sold more than they bought over the last year
Simply Wall St - – Full articleIs Liberty Shoes Limited's (NSE:LIBERTSHOE) CEO Paid Enough Relative To Peers?
First, this article will compare CEO compensation with compensation at similar sized companies. … How Does Adesh Gupta's Compensation Compare With Similar Sized Companies. … At the time of writing our data says that Liberty Shoes Limited has a market cap of ₹2.5b, and is paying total annual CEO compensation of ₹4.8m.
Simply Wall St - – Full articleDid Liberty Shoes Limited's (NSE:LIBERTSHOE) Recent Earnings Growth Beat The Trend?
In this article, I will take a look at Liberty Shoes Limited's (NSE:LIBERTSHOE) most recent earnings update (31 December 2018) and compare these latest figures against its performance over the past few years, along with how the rest of LIBERTSHOE's industry performed. … Check out our latest analysis for Liberty Shoes? … LIBERTSHOE's trailing twelve-month earnings (from 31 December 2018) of ₹72m has.
Simply Wall St - – Full articleIs Liberty Shoes Limited’s (NSE:LIBERTSHOE) 15% ROCE Any Good?
Specifically, we'll consider its Return On Capital Employed (ROCE), since that will give us an insight into how efficiently the business can generate profits from the capital it requires. … Understanding Return On Capital Employed (ROCE). … ROCE measures the amount of pre-tax profits a company can generate from the capital employed in its business.
Simply Wall St - – Full articleWhat Kind Of Shareholder Appears On The Liberty Shoes Limited's (NSE:LIBERTSHOE) Shareholder Register?
If you want to know who really controls Liberty Shoes Limited (NSE:LIBERTSHOE), then you'll have to look at the makeup of its share registry. … Liberty Shoes is not a large company by global standards. … Taking a look at the our data on the ownership groups (below), it's seems that.
Simply Wall St - – Full articleBased On Its ROE, Is Liberty Shoes Limited (NSE:LIBERTSHOE) A High Quality Stock?
We'll use ROE to examine Liberty Shoes Limited (NSE:LIBERTSHOE), by way of a worked example. … One way to conceptualize this, is that for each ₹1 of shareholders' equity it has, the company made ₹0.050 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity
Simply Wall St - – Full articleRead This Before Buying Liberty Shoes Limited (NSE:LIBERTSHOE) Shares
So shareholders might well want to know whether insiders have been buying or selling shares in Liberty Shoes Limited (NSE:LIBERTSHOE). … So we know that an insider sold shares at around the present share price of ₹166. … All up, insiders sold more shares in Liberty Shoes than they bought, over the last year
Simply Wall St - – Full articleIs Liberty Shoes Limited (NSE:LIBERTSHOE) Potentially Undervalued?
Less-covered, small caps tend to present more of an opportunity for mispricing due to the lack of information available to the public, which can be a good thing? … So, could the stock still be trading at a low price relative to its actual value. … Let’s take a look at Liberty Shoes’s outlook and value based on the most recent financial data to see if the opportunity still exists
Simply Wall St - – Full articleDoes The Liberty Shoes Limited (NSE:LIBERTSHOE) Share Price Tend To Follow The Market?
Beta is a widely used metric to measure a stock's exposure to market risk (volatility). … A stock with a beta below one is either less volatile than the market, or more volatile but not corellated with the overall market. … In comparison a stock with a beta of over one tends to be move in a similar direction to the market in the long term, but with greater changes in price.
Simply Wall St - – Full articleCompany Info
Description
Liberty Shoes Limited manufactures and sells footwear and fashion accessories in India and internationally. It offers footwear products, such as casual, formal, sports, fashion, women, and men shoes under the Healers, Fortune, Force 10, Senorita, Lucky Luke, Gliders, AHA, Rebounce, Coolers, Tiptopp, Prefect, Footflin, and Zeppelin brand names. It operates through distributors and 400 exclusive showrooms, as well as online. Liberty Shoes Limited was founded in 1954 and is headquartered in Karnal, India.
Details
| Name: | Liberty Shoes Limited |
| LIBERTSHOE | |
| Exchange: | NSEI |
| Founded: | 1954 |
| ₹2,461,428,000 | |
| 17,040,000 | |
| Website: | http://www.libertyshoes.com |
| Address: |
Liberty Shoes Limited Liberty House, Liberty Road, Karnal, Haryana, 132001, India |
Listings
| Exchange Symbol | Ticker Symbol | Security | Exchange | Country | Currency | Listed on | |
|---|---|---|---|---|---|---|---|
| BSE | 526596 | Equity Shares | Mumbai Stock Exchange | IN | INR | 27. Sep 1995 | |
| NSEI | LIBERTSHOE | Equity Shares | National Stock Exchange of India | IN | INR | 27. Sep 1995 |
Number of employees
Current staff
Industry
| Footwear | |
| Consumer Durables |
Company Analysis and Financial Data Status
| Area | Date (UTC time) |
|---|---|
| Company Analysis updated: | 2019/04/22 12:50 |
| End of day share price update: | 2019/04/22 00:00 |
| Last estimates confirmation: | 2018/05/26 |
| Last earnings filing: | 2019/02/27 |
| Last earnings reported: | 2018/12/31 |
| Last annual earnings reported: | 2018/03/31 |
All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.
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.
