This company listing is no longer active
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. More details
| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 0/6 |
| Past Performance | 4/6 |
| Financial Health | 1/6 |
| Dividends | 1/6 |
Community vs My Fair Value
Create NarrativeSelect a narrative for quick price alerts from the community, or create your own.
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% | 0.5% | -1.0% |
| 1Y | 21.1% | 31.8% | 17.6% |
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 | 4.1% |
| Market Average Movement | 5.3% |
| 10% most volatile stocks in ZA Market | 11.0% |
| 10% least volatile stocks in ZA Market | 3.4% |
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 comparisonDividends
6.7%
Current Dividend Yield5,513%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/11/16 10:17 |
| End of Day Share Price | 2023/11/07 00:00 |
| Earnings | 2023/06/30 |
| Annual Earnings | 2022/12/31 |
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 |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
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
Liberty Two Degrees Limited is covered by 5 analysts. 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 |
|---|---|
| Pranita Daya | Anchor Stockbrokers Proprietary Limited |
| Kyle Rollinson | Arqaam Capital Research Offshore S.A.L. |
| Nazeem Samsodien | Investec Bank Limited (SA) |