LILAK

Liberty Global PLC

TMT


Presented:03/03/2017
Price:$23.52
Cap:$25.22B
Current Price:$9.42
Cap:$1.85B

Presented

Date03/03/2017
Price$23.52
Market Cap$25.22B
Ent Value$65.18B
P/E Ratio15.31x
Book Value$12.84
Div Yield0%
Shares O/S1,072.12M
Ave Daily Vol842,785
Short IntN/A

Current

Price$9.42
Market Cap$1.85B
Liberty Global Plc is an international cable company that provides cable television and Internet services. It connects people to the digital world and enables them to discover and experience its endless possibilities. The company's television, broadband Internet, and telephony services are provided through next-generation networks and innovative technology platforms that connect customers who subscribe to services. Its consumer brands include Virgin Media, Ziggo, UPC, Unitymedia, Telenet, and VTR. The company was founded on June 7, 2013 and is headquartered in London, the United Kingdom.

Publicly traded companies mentioned herein: Liberty Global plc (LBTYA, LBTYK), Liberty global Plc LiLAC (LILA, LILAK), Vodafone Group plc (VOD)

Highlights

The presenter is long shares of Liberty Global LiLAC Group (LILA), the tracking stock of Liberty Global’s Latin American cable assets. The presenter highlights the fact that LILA is trading at a discount to cable peers despite being in a high growth, underpenetrated market. He believes there were a number of “messy” issues related to acquisitions and the spin-out of the tracking stock that have clouded EBITDA growth as well as investor perception, but thinks the company is now on track to meaningfully grow EBITDA and see multiple expansion as a result.

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Idea Discussion

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