Liberty Shoes Ltd. (LIBERTSHOE.NS) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

-100.4%

-₹0.71

vs ₹190.00 price

Levered DCF

₹253.64

After debt service

Piotroski score

5 / 9

Average

Altman Z-score

—

Rating

Overall 2 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
P/E	32.34×	41.53×	44.32×	25.68×	110.91×	847.67×	15.73×	38.01×
P/B	1.55×	2.53×	2.37×	1.67×	1.32×	1.16×	0.93×	1.49×
P/S	0.49×	0.83×	0.78×	0.51×	0.51×	0.48×	0.27×	0.43×
EV / EBITDA	8.08×	10.68×	10.21×	7.95×	8.25×	7.41×	5.91×	8.77×
Gross margin	28.4%	30.5%	43.6%	50.4%	39.0%	39.8%	37.3%	47.2%
Operating margin	4.1%	5.4%	5.3%	4.6%	6.8%	31.4%	3.9%	14.2%
Net margin	1.5%	2.0%	1.8%	2.0%	0.5%	0.1%	1.6%	1.1%
Current ratio	1.89×	1.91×	1.85×	1.76×	1.89×	1.58×	1.33×	1.45×
Debt / equity	0.71×	0.7×	0.7×	0.81×	0.66×	0.92×	1.16×	0.62×
Interest coverage	1.9×	2.77×	2.47×	2.49×	2.71×	9.95×	1.78×	5.77×
Dividend yield	0.0%	0.0%	0.0%	1.3%	0.0%	0.0%	0.0%	0.0%
Payout ratio	0.0%	0.0%	0.0%	33.0%	0.0%	0.0%	0.0%	0.0%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	4.8%	6.1%	5.3%	6.5%	1.2%	0.1%	5.7%	3.9%
Return on invested capital	5.3%	5.8%	6.5%	5.7%	5.6%	4.0%	3.7%	14.2%
Return on assets	2.1%	2.7%	2.4%	2.7%	0.5%	0.0%	1.6%	1.6%
Free cash flow yield	0.0%	0.0%	6.5%	10.1%	7.4%	7.2%	14.6%	6.1%
Earnings yield	3.1%	2.4%	2.3%	3.9%	0.9%	0.1%	6.1%	2.6%
Enterprise value	₹5.3B	₹7.1B	₹6.4B	₹4.9B	₹3.7B	₹3.8B	₹3.9B	₹3.7B
Net debt / EBITDA	2.51×	2.25×	2.31×	2.57×	2.74×	3.18×	3.27×	2.53×
Cash conversion cycle (days)	131	147	154	187	188	198	119	87