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L2D

Liberty Two Degrees JSE:L2D Stock Report

Last Price

R4.29

Market Cap

R3.8b

7D

-6.1%

1Y

-2.5%

Updated

05 Dec, 2022

Data

Company Financials +
L2D fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance1/6
Financial Health2/6
Dividends1/6

L2D Stock Overview

Liberty Two Degrees was converted and relisted as a corporate REIT on the JSE main board on 1 November 2018 as Liberty Two Degrees Limited (L2D Limited) following the conversion from a CISIP.

Liberty Two Degrees Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Liberty Two Degrees
Historical stock prices
Current Share PriceR4.29
52 Week HighR5.00
52 Week LowR3.70
Beta0.22
1 Month Change-7.74%
3 Month Change-10.44%
1 Year Change-2.50%
3 Year Change-37.83%
5 Year Change-46.38%
Change since IPO-59.14%

Recent News & Updates

Recent updates

It Looks Like Liberty Two Degrees Limited's (JSE:L2D) CEO May Expect Their Salary To Be Put Under The Microscope

May 01
It Looks Like Liberty Two Degrees Limited's (JSE:L2D) CEO May Expect Their Salary To Be Put Under The Microscope

Reflecting on Liberty Two Degrees' (JSE:L2D) Share Price Returns Over The Last Three Years

Feb 12
Reflecting on Liberty Two Degrees' (JSE:L2D) Share Price Returns Over The Last Three Years

Have Insiders Been Buying Liberty Two Degrees Limited (JSE:L2D) Shares?

Dec 21
Have Insiders Been Buying Liberty Two Degrees Limited (JSE:L2D) Shares?

Shareholder Returns

L2DZA REITsZA Market
7D-6.1%-2.6%-1.9%
1Y-2.5%-6.1%-0.5%

Return vs Industry: L2D exceeded the ZA REITs industry which returned -6.1% over the past year.

Return vs Market: L2D underperformed the ZA Market which returned -0.5% over the past year.

Price Volatility

Is L2D's price volatile compared to industry and market?
L2D volatility
L2D Average Weekly Movement5.7%
REITs Industry Average Movement4.6%
Market Average Movement5.5%
10% most volatile stocks in ZA Market10.1%
10% least volatile stocks in ZA Market3.3%

Stable Share Price: L2D is not significantly more volatile than the rest of ZA stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: L2D's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/a28Amelia Beattiehttps://www.liberty2degrees.co.za

Liberty Two Degrees was converted and relisted as a corporate REIT on the JSE main board on 1 November 2018 as Liberty Two Degrees Limited (L2D Limited) following the conversion from a CISIP. The new structure cancels the Liberty Group PUT option for no consideration and internalises the management company. The structure also introduces a conservative level of debt to the capital structure of L2D Limited, which will assist in reducing the weighted average cost of capital over time.

Liberty Two Degrees Limited Fundamentals Summary

How do Liberty Two Degrees's earnings and revenue compare to its market cap?
L2D fundamental statistics
Market CapR3.77b
Earnings (TTM)R243.23m
Revenue (TTM)R943.91m

15.5x

P/E Ratio

4.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
L2D income statement (TTM)
RevenueR943.91m
Cost of RevenueR494.29m
Gross ProfitR449.62m
Other ExpensesR206.40m
EarningsR243.23m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.28
Gross Margin47.63%
Net Profit Margin25.77%
Debt/Equity Ratio30.5%

How did L2D perform over the long term?

See historical performance and comparison

Dividends

8.3%

Current Dividend Yield

123%

Payout Ratio