Liberty Global B (LBTYB) AI Stock Analysis

• Market Cap: $3.77B
• Dividend Yield: N/A
• Average Volume (3M): 181.00
• Price to Earnings (P/E): ―
• Beta (1Y): 0.28
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: US
• Employees: 6,820
• Sector: Communication Services
• Sector Strength: 97
• Industry: Telecommunications Services
• EPS (TTM): -8.71
• Shares Outstanding: 12,968,658
• 10 Day Avg. Volume: 151
• 30 Day Avg. Volume: 181
• PEG Ratio: 0.00
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: 3.61
• Enterprise Value/Revenue: 2.79
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: -2.10
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 58 Neutral
• Price Target: $14.00 ▲(28.21% Upside)

The score is primarily constrained by weak financial performance driven by a large TTM loss and negative returns, partly offset by positive free cash flow and manageable leverage. Technicals are supportive with price above major moving averages and positive momentum indicators. Earnings-call takeaways are mixed: 2026 guidance is soft, but sizable strategic transactions, refinancing, and cost reductions provide medium-term upside potential. Valuation is a modest negative due to a negative P/E and no dividend yield data.

Positive Factors

Positive and improving free cash flow

Liberty Global generates durable operating cash and expanding free cash flow (TTM OCF ~$1.2B; FCF ~$1.45B, +~21% year-over-year). This sustained cash conversion supports capex, refinancing, asset monetization and shareholder returns, providing financial flexibility while operating losses are addressed.

Manageable leverage and sizable equity base

Debt of about 0.7x equity indicates a moderate capital structure relative to peers and a sizable equity base. That structural headroom helps absorb temporary earnings volatility, supports large refinancings already executed, and provides room to fund strategic M&A without immediately impairing solvency.

Transformational M&A and infrastructure scale

Strategic deals (VodafoneZiggo stake purchase, Nexfibre/Substantial platform) materially raise scale and create structural synergies (management cites ~EUR1.0bn NPV). Planned Ziggo listing and Nexfibre fiber build create recurring infrastructure cash flows and monetization paths, shifting mix toward higher-return assets.

Negative Factors

Severe TTM profitability deterioration

The company swung from modest 2024 profits to a large TTM net loss with roughly -51% net margins, signaling one-off charges, impairments or structural margin pressure. Sustained negative margins threaten equity returns and can erode balance-sheet strength if not reversed by cost actions or improved operations.

Operational declines and competitive pressure at OpCos

Major operating companies face sustained competitive and promotional intensity (VMO2, VodafoneZiggo, Telenet), producing recurring revenue and EBITDA declines. Structural market competition in U.K./Benelux can compress margins, slow ARPU growth and limit medium-term ability to restore pre-loss profitability without higher investment or pricing power.

Execution and contingent financing risks

Key transactions and refinancing have contingent approvals and paused activity in volatile credit markets. Dependence on regulatory sign-offs, asset disposals and successful refinancing elevates execution risk; failure or delays could reduce projected cash, defer synergies and strain the company's deleveraging roadmap.

Liberty Global B Business Overview & Revenue Model

Company Description

Liberty Global plc, together with its subsidiaries, provides broadband internet, video, fixed-line telephony, and mobile communications services to residential and business customers. It offers value-added broadband services, such as intelligent WiFi features; security; smart home, online storage solutions, and Web spaces; Connect Box, a set-top or Horizon box that delivers in-home Wi-Fi service; community Wi-Fi via routers in home, which provides access to the internet; and public Wi-Fi access points in train stations, hotels, bars, restaurants, and other public places. The company also provides various tiers of digital video programming and audio services, as well as digital video recorders and multimedia home gateway systems; and channels, including general entertainment, sports, movies, series, documentaries, lifestyles, news, adult, children, and ethnic and foreign channels. In addition, it offers postpaid and prepaid mobile services; circuit-switched telephony services; and personal call manager, unified messaging, and a second or third phone line at an incremental cost. Further, the company offers business services comprising voice, advanced data, video, wireless, cloud-based services, and mobile and converged fixed-mobile services to small or home office, small business, and medium and large enterprises, as well as on a wholesale basis to other operators. It operates in the United Kingdom, Belgium, Switzerland, Ireland, Poland, Slovakia, and internationally. Liberty Global plc was founded in 2004 and is based in London, the United Kingdom.

How the Company Makes Money

Liberty Global B generates revenue through multiple key streams, primarily by offering subscription-based services for broadband internet, pay-TV, and mobile telephony. The company charges customers monthly fees for access to its extensive range of services, including high-speed internet packages, cable television channels, and mobile plans. Additionally, Liberty Global B benefits from wholesale agreements, where it sells broadband and television services to third parties. Partnerships with content providers and advertisers also contribute to its revenue, allowing the company to offer bundled services and targeted advertising solutions. The ongoing demand for reliable and fast internet services, along with the proliferation of streaming content, further supports the company's growth and revenue potential.

Liberty Global B Financial Statement Overview

Summary

Results are weighed down by a sharp TTM profitability breakdown (deep operating loss and ~-51% net margin) despite strong revenue growth. Balance sheet leverage is not extreme (debt ~0.7x equity), and cash flow is a relative strength with positive and improving free cash flow, but the earnings swing (2024 profit to TTM loss) elevates risk.

Income Statement

TTM (Trailing-Twelve-Months) shows a sharp deterioration in profitability despite strong revenue growth (~25%): the company generated a deeply negative operating result and a large net loss, with net margins around -51%. This is a major reversal versus 2024, which was modestly profitable with solid gross margins. While gross margin remains healthy in the most recent period, the swing to significant losses suggests elevated costs, impairments, or other large charges, making earnings quality and near-term profitability a key concern.

Balance Sheet

Leverage looks manageable on an equity basis with debt at roughly 0.7x equity in TTM (Trailing-Twelve-Months), and the company still reports a sizable equity base. However, returns on equity have turned negative in the latest period, reflecting the large loss, and leverage has been higher in some prior years (notably 2020). Overall, the capital structure is not extreme for the sector, but the recent earnings pressure increases balance-sheet risk if losses persist.

Cash Flow

Cash generation remains a relative bright spot: TTM (Trailing-Twelve-Months) operating cash flow is positive (~$1.2B) and free cash flow is also positive (~$1.45B), with free cash flow growing ~21% versus the prior period. That said, operating cash flow is meaningfully lower than recent historical levels and covers less than half of net income in the latest period (reflecting the net loss), indicating profits and cash flows are not moving in tandem. Still, positive and improving free cash flow provides some financial flexibility.

Breakdown	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	4.88B	4.34B	4.12B	4.02B	10.31B
Gross Profit	0.00	2.89B	2.83B	2.95B	7.29B
EBITDA	-6.52B	987.90M	951.90M	1.27B	3.65B
Net Income	-7.14B	1.59B	-4.05B	1.47B	13.43B
Balance Sheet
Total Assets	0.00	25.44B	42.09B	42.90B	46.92B
Cash, Cash Equivalents and Short-Term Investments	0.00	2.15B	3.64B	4.35B	3.18B
Total Debt	9.33B	9.85B	10.23B	15.55B	16.19B
Total Liabilities	12.65B	12.90B	23.08B	20.32B	21.32B
Stockholders Equity	9.95B	12.37B	19.06B	22.44B	25.93B
Cash Flow
Free Cash Flow	1.21B	1.12B	1.24B	1.95B	2.14B
Operating Cash Flow	1.21B	2.03B	2.17B	2.84B	3.55B
Investing Cash Flow	0.00	684.70M	-1.84B	1.28B	-5.80B
Financing Cash Flow	0.00	-2.25B	-692.40M	-3.28B	-1.55B

Liberty Global B Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 10.92
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For LBTYB, the sentiment is Positive. The current price of 10.92 is below the 20-day moving average (MA) of 12.66, below the 50-day MA of 11.67, and below the 200-day MA of 11.01, indicating a bullish trend. The MACD of 0.97 indicates Negative momentum. The RSI at 57.07 is Neutral, neither overbought nor oversold. The STOCH value of 17.20 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for LBTYB.

Liberty Global B Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	60 Neutral	$48.67B	4.58	-11.27%	4.14%	2.83%	-41.78%
TDS	60 Neutral	$5.03B	-41.84	1.73%	0.39%	-22.79%	79.90%
LBTYA	59 Neutral	$3.77B	-1.18	―	―	―	―
LBTYB	58 Neutral	$3.77B	-1.28	―	―	―	―
GSAT	58 Neutral	$7.49B	-128.39	-12.45%	―	8.54%	-59.63%
LBTYK	58 Neutral	$3.77B	-1.15	―	―	―	―
LUMN	55 Neutral	$8.30B	-4.57	―	―	-4.56%	23.46%