Liberty Holdings Limited, a financial services company, engages in the insurance business in South Africa.
Liberty Holdings Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||R91.58|
|52 Week High||R52.59|
|52 Week Low||R96.73|
|1 Month Change||-0.33%|
|3 Month Change||13.91%|
|1 Year Change||66.87%|
|3 Year Change||-16.51%|
|5 Year Change||-19.36%|
|Change since IPO||189.20%|
Recent News & Updates
Should Shareholders Worry About Liberty Holdings Limited's (JSE:LBH) CEO Compensation Package?
The disappointing performance at Liberty Holdings Limited ( JSE:LBH ) will make some shareholders rather disheartened...
|LBH||ZA Insurance||ZA Market|
Return vs Industry: LBH exceeded the ZA Insurance industry which returned 26.8% over the past year.
Return vs Market: LBH exceeded the ZA Market which returned 21.3% over the past year.
Stable Share Price: LBH is less volatile than 75% of ZA stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: LBH's weekly volatility (3%) has been stable over the past year.
About the Company
Liberty Holdings Limited, a financial services company, engages in the insurance business in South Africa. The company offers critical illness, disability, income and life protection, car, home, personal liability, medical, and salary protection insurance products, as well as funeral cover; and annuities, group risk, umbrella fund solutions, investment products, asset management, and consulting and actuarial services. It serves individuals, corporates, and retirement funds.
Liberty Holdings Fundamentals Summary
|LBH fundamental statistics|
Is LBH overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|LBH income statement (TTM)|
|Cost of Revenue||R63.95b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||3.78|
|Net Profit Margin||1.22%|
How did LBH perform over the long term?See historical performance and comparison
Is Liberty Holdings undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: LBH (ZAR91.58) is trading above our estimate of fair value (ZAR9.41)
Significantly Below Fair Value: LBH is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: LBH is poor value based on its PE Ratio (24.2x) compared to the ZA Insurance industry average (20.5x).
PE vs Market: LBH is poor value based on its PE Ratio (24.2x) compared to the ZA market (11.2x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate LBH's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: LBH is good value based on its PB Ratio (1.1x) compared to the ZA Insurance industry average (2.1x).
How is Liberty Holdings forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if LBH's forecast earnings growth is above the savings rate (8.8%).
Earnings vs Market: Insufficient data to determine if LBH's earnings are forecast to grow faster than the ZA market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: LBH's revenue is expected to decline over the next 3 years (-21.1% per year).
High Growth Revenue: LBH's revenue is forecast to decline over the next 3 years (-21.1% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: LBH's Return on Equity is forecast to be low in 3 years time (8.5%).
How has Liberty Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: LBH has high quality earnings.
Growing Profit Margin: LBH became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: LBH's earnings have declined by 32.3% per year over the past 5 years.
Accelerating Growth: LBH has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: LBH has become profitable in the last year, making it difficult to compare its past year earnings growth to the Insurance industry (117.2%).
Return on Equity
High ROE: LBH's Return on Equity (4.7%) is considered low.
How is Liberty Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: LBH's short term assets (ZAR47.0B) do not cover its short term liabilities (ZAR87.8B).
Long Term Liabilities: LBH's short term assets (ZAR47.0B) do not cover its long term liabilities (ZAR370.1B).
Debt to Equity History and Analysis
Debt Level: LBH's debt to equity ratio (62.6%) is considered high.
Reducing Debt: LBH's debt to equity ratio has reduced from 68.5% to 62.6% over the past 5 years.
Debt Coverage: LBH's debt is well covered by operating cash flow (22.9%).
Interest Coverage: LBH's interest payments on its debt are well covered by EBIT (26.7x coverage).
What is Liberty Holdings's current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate LBH's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate LBH's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if LBH's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if LBH's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: LBH is not paying a notable dividend for the ZA market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of LBH's dividend in 3 years as they are not forecast to pay a notable one for the ZA market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
David Munro (50 yo)
Mr. David Charles Munro, BCom PDGA (UCT), CA(SA), AMP, has been Chief Executive of Liberty at The Standard Bank of South Africa Limited since July 17, 2017. He serves as Group Chief Executive Officer of Li...
CEO Compensation Analysis
Compensation vs Market: David's total compensation ($USD794.93K) is about average for companies of similar size in the ZA market ($USD922.82K).
Compensation vs Earnings: David's compensation has been consistent with company performance over the past year.
Experienced Management: LBH's management team is considered experienced (4.6 years average tenure).
Experienced Board: LBH's board of directors are considered experienced (3.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Liberty Holdings Limited's employee growth, exchange listings and data sources
- Name: Liberty Holdings Limited
- Ticker: LBH
- Exchange: JSE
- Founded: 1957
- Industry: Life and Health Insurance
- Sector: Insurance
- Market Cap: R24.123b
- Shares outstanding: 263.41m
- Website: https://www.libertyholdings.co.za
Number of Employees
- Liberty Holdings Limited
- Liberty Centre
- 1 Ameshoff Street
- South Africa
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/18 21:33|
|End of Day Share Price||2021/10/18 00:00|