L2D Stock Overview
Liberty Two Degrees (L2D) is a South African precinct-focused, retail-centred REIT, first listed as a Collective Investment Scheme in Property (CISIP) on the Johannesburg Stock Exchange in December 2016.
| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 0/6 |
| Past Performance | 4/6 |
| Financial Health | 1/6 |
| Dividends | 1/6 |
Liberty Two Degrees Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | R5.63 |
| 52 Week High | R5.92 |
| 52 Week Low | R3.35 |
| Beta | 0.25 |
| 1 Month Change | 0.72% |
| 3 Month Change | -0.35% |
| 1 Year Change | 21.08% |
| 3 Year Change | 18.53% |
| 5 Year Change | -19.80% |
| Change since IPO | -46.38% |
Recent News & Updates
Recent updates
Shareholder Returns
| L2D | ZA Retail REITs | ZA Market | |
|---|---|---|---|
| 7D | 0% | -3.2% | -3.9% |
| 1Y | 21.1% | -6.8% | -7.1% |
Return vs Industry: L2D exceeded the ZA Retail REITs industry which returned -7% over the past year.
Return vs Market: L2D exceeded the ZA Market which returned -4.3% over the past year.
Price Volatility
| L2D volatility | |
|---|---|
| L2D Average Weekly Movement | 1.4% |
| Retail REITs Industry Average Movement | 3.4% |
| Market Average Movement | 4.9% |
| 10% most volatile stocks in ZA Market | 11.3% |
| 10% least volatile stocks in ZA Market | 2.9% |
Stable Share Price: L2D has not had significant price volatility in the past 3 months.
Volatility Over Time: L2D's weekly volatility has decreased from 9% to 1% over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| n/a | 28 | Amelia Beattie | www.liberty2degrees.co.za |
Liberty Two Degrees (L2D) is a South African precinct-focused, retail-centred REIT, first listed as a Collective Investment Scheme in Property (CISIP) on the Johannesburg Stock Exchange in December 2016. With effect from 1 November 2018, L2D was reconstituted as a corporate REIT to Liberty Two Degrees Limited. This better positions L2D for sustainable growth whilst unlocking shareholder value.
Liberty Two Degrees Limited Fundamentals Summary
| L2D fundamental statistics | |
|---|---|
| Market cap | R4.87b |
| Earnings (TTM) | R363.78m |
| Revenue (TTM) | R1.09b |
13.4x
P/E Ratio4.5x
P/S RatioIs L2D overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| L2D income statement (TTM) | |
|---|---|
| Revenue | R1.09b |
| Cost of Revenue | R593.93m |
| Gross Profit | R491.63m |
| Other Expenses | R127.86m |
| Earnings | R363.78m |
Last Reported Earnings
Jun 30, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.42 |
| Gross Margin | 45.29% |
| Net Profit Margin | 33.51% |
| Debt/Equity Ratio | 31.5% |
How did L2D perform over the long term?
See historical performance and comparison