Liberty Live vs Warner Music
LLYVA and WMG side by side. Figures are trailing twelve months unless noted, from SEC filings and end-of-day prices.
How LLYVA and WMG compare
Warner Music is the larger company, worth 1.7 times as much as Liberty Live ($16.0B against $9.3B).
Liberty Live grew revenue faster over the last twelve months (14.9% versus 12.9% for Warner Music).
Warner Music keeps more of each dollar of sales as profit, with a net margin of 9.2% compared with −108% at Liberty Live.
Warner Music pays a dividend yielding 2.5%; Liberty Live does not pay one.
Key numbers
A dot marks the better figure where higher or lower is clearly better.
| Metric | LLYVA | WMG |
|---|---|---|
| Size and price | ||
| Market cap | $9.3B | $16.0B |
| Share price | $100.62 | $30.62 |
| Change, 1 year | 14.8% | −2.2% |
| Change, 5 years | – | −36.5% |
| Beta (5Y) | 1.01 | 1.05 |
| Employees | 300 | 5,500 |
| StockData Score | ||
| Total score | – | 11 |
| Valuation score | – | 0 |
| Growth score | – | 1 |
| Performance score | – | 5 |
| Health score | – | 1 |
| Dividend score | – | 4 |
| Valuation | ||
| P/S | 22.7× | 2.2× (better) |
| P/B | – | 18.8× |
| EV/EBITDA | – | 10.9× |
| P/FCF | – | 19.2× |
| FCF yield | – | 5.2% |
| Fair value | – | $27.89 |
| Margin of safety | – | −9.8% |
| Growth | ||
| Revenue growth (TTM) | 14.9% (better) | 12.9% |
| Revenue growth, 5Y average | – | 8.5% |
| Net income growth (TTM) | – | 126% |
| Profitability | ||
| Gross margin | 20.2% | 45.8% (better) |
| Operating margin | −12.1% | 13.7% (better) |
| Net margin | −108% | 9.2% (better) |
| FCF margin | – | 11.4% |
| Return on equity | – | 93.1% |
| Return on invested capital | −4.0% | 35.0% (better) |
| Financial health | ||
| Interest coverage | −1.7× | 5.5× (better) |
| Current ratio | 0.25 | 0.73 (better) |
| Altman Z-score | 0.39 | 1.71 (better) |
| Piotroski F-score | 5 (better) | 4 |
| Dividends and buybacks | ||
| Dividend yield | – | 2.5% |
| Payout ratio | – | 59.5% |
| Years of dividend growth | – | 4 |
| Buyback yield | – | 0.38% |
| Shareholder yield | 0.00% | 2.9% (better) |
| Ownership | ||
| Held by institutions | 95.1% | 30.5% |
| Held by insiders | 3.0% | 72.3% |
| Insider net buying, 12 months | −$27.4M | $3.0M (better) |
| Superinvestors holding | 2 | 2 |
| Short interest, % of float | – | 7.0% |
Go deeper
- LLYVA stock overview
- LLYVA income statement
- LLYVA valuation and score
- WMG stock overview
- WMG income statement
- WMG valuation and score
Other comparisons
For information only, not investment advice. Check the source filings before relying on any figure.