Libstar Holdings Past Earnings Performance
Past criteria checks 1/6
Libstar Holdings's earnings have been declining at an average annual rate of -32.6%, while the Food industry saw earnings growing at 11.7% annually. Revenues have been growing at an average rate of 4.6% per year. Libstar Holdings's return on equity is 1.7%, and it has net margins of 0.6%.
Key information
-32.62%
Earnings growth rate
-32.62%
EPS growth rate
| Food Industry Growth | 3.89% |
| Revenue growth rate | 4.58% |
| Return on equity | 1.66% |
| Net Margin | 0.64% |
| Last Earnings Update | 31 Dec 2025 |
Recent past performance updates
Recent updates
LBR: Higher Multiple Expectations And Dividend Stability Will Support Future Upside
Analysts have lifted their ZAR fair value estimate for Libstar Holdings from ZAR4.70 to ZAR4.90, citing adjusted assumptions around discount rates, revenue growth, profit margins and a higher future P/E multiple as the key drivers behind the new price target. What's in the News At the Annual General Meeting on May 29, 2026, shareholders approved amendments to Libstar Holdings' Memorandum of Incorporation to align with changes to the JSE Listing Requirements.LBR: Dividend Stability And Lower Impairments Will Support Balanced Future Outlook
Analysts have kept their ZAR fair value estimate for Libstar Holdings steady at about ZAR 4.70 per share, reflecting essentially unchanged assumptions around discount rate, revenue growth, profit margin and future P/E. Together, these factors support an unchanged analyst price target.LBR: Dividend Outlook And Lower Impairments Will Support Steady Risk Profile
Analysts have kept their valuation drivers for Libstar Holdings broadly unchanged, resulting in a steady analyst price target around ZAR4.70 as they continue to see similar assumptions for discount rate, revenue growth, profit margin and future P/E. What's in the News Announced an annual dividend of ZAR0.2800 per share, with an ex-dividend date of April 8, 2026, record date of April 10, 2026, and payment date of April 13, 2026 (Key Developments).LBR: Dividend Initiation And Lower Impairments Will Support Balanced Risk Profile
Analysts have slightly lowered their ZAR price target on Libstar Holdings, reflecting updated expectations for a lower revenue growth rate, a modestly higher projected profit margin, and a nearly steady forward P/E multiple. What's in the News Libstar Holdings announced an annual dividend of ZAR 0.2800 per share, with an ex-date of April 8, 2026, record date of April 10, 2026, and payment date of April 13, 2026 (Key Developments).LBR: Modest Assumption Tweaks Will Likely Support Balanced Forward Risk Profile
Analysts have raised their price target for Libstar Holdings from ZAR3.98 to ZAR4.70, citing updated assumptions for revenue growth, profit margins, discount rate and future P/E expectations. What's in the News Libstar Holdings plans an analyst and investor day, giving you a chance to hear directly from management on the group’s priorities, key growth drivers, and roadmap for sustainable value creation (Key Developments).LBR: Minor Assumption Shifts Will Likely Sustain Perceived Overvaluation
Analysts have made only minor adjustments to their assumptions for Libstar Holdings, keeping the fair value estimate steady at ZAR3.98 per share. Small changes to the discount rate, revenue growth outlook and future P/E expectations did not materially alter their overall price target rationale.LBR: Minor Assumption Tweaks Will Likely Reaffirm Persistent Overvaluation
Analysts have held their fair value estimate for Libstar Holdings steady at ZAR3.98 per share, with only small tweaks to inputs such as the discount rate and assumed future P/E. Together, these inputs support an unchanged overall price target narrative.
Category Simplification And International Expansion Will Support A Stronger Long Term Outlook
Catalysts About Libstar Holdings Libstar Holdings is a South African food producer focused on value added ambient and perishable products, with a small household and personal care presence. What are the underlying business or industry changes driving this perspective?LBR: Fine Tuning Of Assumptions Will Likely Confirm Overvaluation
Analysts have maintained their fair value estimate for Libstar Holdings at R3.98 per share, with only marginal adjustments to inputs such as the discount rate and future P/E. This reflects fine tuning of their assumptions rather than a change in their overall view.LBR: Future Profitability Assumptions Will Likely Prove Too Optimistic
Analysts have raised their price target range for Libstar Holdings, reflecting a fair value change from R3.43 to R3.98. They cite updated assumptions regarding revenue growth, profit margins, and a lower implied future P/E multiple.
Ambient Products And Cape Herb & Spice Integration Will Succeed
Strategic focus on ambient products and international expansion drives revenue growth and margin improvement through integration, efficiency, and diversification efforts.Libstar Holdings (JSE:LBR) Will Pay A Dividend Of ZAR0.15
Libstar Holdings Limited ( JSE:LBR ) will pay a dividend of ZAR0.15 on the 14th of April. This means that the annual...Pinning Down Libstar Holdings Limited's (JSE:LBR) P/S Is Difficult Right Now
With a median price-to-sales (or "P/S") ratio of close to 0.4x in the Food industry in South Africa, you could be...These 4 Measures Indicate That Libstar Holdings (JSE:LBR) Is Using Debt Reasonably Well
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Investors Met With Slowing Returns on Capital At Libstar Holdings (JSE:LBR)
What are the early trends we should look for to identify a stock that could multiply in value over the long term...The Returns At Libstar Holdings (JSE:LBR) Aren't Growing
To find a multi-bagger stock, what are the underlying trends we should look for in a business? Ideally, a business will...Returns On Capital At Libstar Holdings (JSE:LBR) Have Hit The Brakes
What are the early trends we should look for to identify a stock that could multiply in value over the long term...Investors Met With Slowing Returns on Capital At Libstar Holdings (JSE:LBR)
What trends should we look for it we want to identify stocks that can multiply in value over the long term? One common...These 4 Measures Indicate That Libstar Holdings (JSE:LBR) Is Using Debt Extensively
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...Revenue & Expenses Breakdown
How Libstar Holdings makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 25 | 12,329 | 79 | 1,941 | 8 |
| 30 Jun 25 | 12,146 | -269 | 1,894 | 12 |
| 31 Mar 25 | 11,960 | -274 | 1,851 | 11 |
| 31 Dec 24 | 11,397 | -150 | 1,768 | 9 |
| 30 Jun 24 | 11,481 | 240 | 1,663 | 9 |
| 31 Mar 24 | 11,450 | 231 | 1,664 | 9 |
| 31 Dec 23 | 11,419 | 222 | 1,664 | 9 |
| 30 Sep 23 | 11,937 | 67 | 1,769 | 0 |
| 30 Jun 23 | 11,744 | -92 | 1,748 | 0 |
| 31 Mar 23 | 11,758 | -48 | 1,725 | 0 |
| 31 Dec 22 | 11,772 | -4 | 1,703 | 1 |
| 30 Sep 22 | 11,606 | 125 | 1,667 | 0 |
| 30 Jun 22 | 11,441 | 254 | 1,632 | 0 |
| 31 Mar 22 | 11,036 | 240 | 1,583 | 0 |
| 31 Dec 21 | 10,630 | 227 | 1,535 | 0 |
| 30 Jun 21 | 9,374 | 95 | 1,527 | 2 |
| 31 Mar 21 | 9,357 | 82 | 1,510 | 2 |
| 31 Dec 20 | 9,339 | 70 | 1,492 | 1 |
| 30 Sep 20 | 10,134 | 205 | 1,607 | 0 |
| 30 Jun 20 | 9,982 | 336 | 1,598 | 0 |
| 31 Mar 20 | 9,937 | 346 | 1,654 | 0 |
| 31 Dec 19 | 9,893 | 355 | 1,710 | 0 |
| 30 Sep 19 | 9,877 | 337 | 1,685 | 0 |
| 30 Jun 19 | 9,862 | 318 | 1,660 | 0 |
| 31 Mar 19 | 9,761 | 295 | 1,604 | 0 |
| 31 Dec 18 | 9,660 | 273 | 1,548 | 0 |
| 30 Sep 18 | 9,452 | 232 | 1,533 | 0 |
| 30 Jun 18 | 9,244 | 190 | 1,517 | 0 |
| 31 Mar 18 | 9,020 | 211 | 1,503 | 0 |
| 31 Dec 17 | 8,796 | 232 | 1,488 | 0 |
| 31 Dec 16 | 8,021 | 214 | 1,048 | 0 |
| 31 Dec 15 | 6,176 | 143 | 761 | 0 |
Quality Earnings: LBR has a large one-off loss of ZAR278.7M impacting its last 12 months of financial results to 31st December, 2025.
Growing Profit Margin: LBR became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: LBR's earnings have declined by 32.6% per year over the past 5 years.
Accelerating Growth: LBR has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: LBR has become profitable in the last year, making it difficult to compare its past year earnings growth to the Food industry (22.8%).
Return on Equity
High ROE: LBR's Return on Equity (1.7%) is considered low.
Return on Assets
Return on Capital Employed
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/11 20:15 |
| End of Day Share Price | 2026/06/10 00:00 |
| Earnings | 2025/12/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
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.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Libstar Holdings Limited is covered by 6 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Samantha Naicker | Absa Bank Limited |
| Paul Henri Steegers | BofA Global Research |
| Thapelo Mokonyane | HSBC |