Intrinsic value of Live Ventures - LIVE

Previous Close

$12.76

  Intrinsic Value

$667.54

stock screener

  Rating & Target

str. buy

+999%

Previous close

$12.76

 
Intrinsic value

$667.54

 
Up/down potential

+999%

 
Rating

str. buy

We calculate the intrinsic value of LIVE stock by summing up the current values of future distributable cash flows generated by the company and dividing the sum by the number of outstanding shares. As such, the intrinsic value calculation depends entirely on projections. The more accurate your projections of the company's performance are - the more reliable is the intrinsic value calculation result. Please make sure to check the stock valuation input data below and adjust it if necessary. The quality of the output (intrinsic valuation result) is only as good as the quality of the input. See also DISCLAIMERS.

STOCK VALUATION INPUT DATA

Initial revenue growth rate, %
Terminal revenue growth rate, %
Revenue decline factor
Initial discount rate, %
Discount rate multiplier
Shares outstanding, mln

 

FINANCIAL STATEMENTS FORECAST and PRESENT VALUE CALCULATION

Fiscal year
2016(a)
   2017
   2018
   2019
   2020
   2021
   2022
   2023
   2024
   2025
   2026
   2027
   2028
   2029
   2030
   2031
   2032
   2033
   2034
   2035
   2036
   2037
   2038
   2039
   2040
   2041
   2042
   2043
   2044
   2045
   2046

INCOME STATEMENT

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenue growth rate, %
  139.39
  60.00
  54.50
  49.55
  45.10
  41.09
  37.48
  34.23
  31.31
  28.68
  26.31
  24.18
  22.26
  20.53
  18.98
  17.58
  16.32
  15.19
  14.17
  13.26
  12.43
  11.69
  11.02
  10.42
  9.87
  9.39
  8.95
  8.55
  8.20
  7.88
  7.59
Revenue, $m
  79
  243
  376
  562
  815
  1,150
  1,581
  2,123
  2,787
  3,587
  4,530
  5,625
  6,877
  8,290
  9,863
  11,597
  13,490
  15,540
  17,742
  20,094
  22,591
  25,232
  28,012
  30,929
  33,984
  37,174
  40,500
  43,964
  47,569
  51,316
  55,212
Variable operating expenses, $m
 
  188
  288
  429
  621
  874
  1,200
  1,609
  2,111
  2,716
  3,429
  4,253
  5,200
  6,267
  7,457
  8,768
  10,199
  11,748
  13,414
  15,191
  17,080
  19,076
  21,178
  23,384
  25,693
  28,104
  30,619
  33,238
  35,963
  38,797
  41,741
Fixed operating expenses, $m
 
  15
  16
  16
  16
  17
  17
  17
  18
  18
  19
  19
  19
  20
  20
  21
  21
  22
  22
  23
  23
  24
  24
  25
  25
  26
  26
  27
  28
  28
  29
Total operating expenses, $m
  77
  203
  304
  445
  637
  891
  1,217
  1,626
  2,129
  2,734
  3,448
  4,272
  5,219
  6,287
  7,477
  8,789
  10,220
  11,770
  13,436
  15,214
  17,103
  19,100
  21,202
  23,409
  25,718
  28,130
  30,645
  33,265
  35,991
  38,825
  41,770
Operating income, $m
  2
  40
  72
  117
  178
  260
  365
  496
  658
  853
  1,082
  1,353
  1,658
  2,003
  2,386
  2,809
  3,270
  3,770
  4,306
  4,880
  5,489
  6,132
  6,810
  7,521
  8,266
  9,044
  9,855
  10,699
  11,578
  12,492
  13,441
EBITDA, $m
  5
  50
  86
  136
  204
  294
  410
  556
  735
  951
  1,205
  1,501
  1,839
  2,220
  2,644
  3,112
  3,623
  4,177
  4,771
  5,406
  6,080
  6,793
  7,544
  8,332
  9,156
  10,018
  10,916
  11,851
  12,824
  13,836
  14,888
Interest expense (income), $m
  1
  12
  22
  35
  53
  79
  112
  155
  210
  276
  356
  450
  560
  685
  827
  984
  1,157
  1,347
  1,552
  1,772
  2,007
  2,257
  2,521
  2,799
  3,091
  3,397
  3,716
  4,049
  4,395
  4,756
  5,131
Earnings before tax, $m
  5
  28
  50
  82
  125
  181
  252
  341
  448
  577
  726
  903
  1,098
  1,317
  1,559
  1,825
  2,113
  2,423
  2,755
  3,108
  3,481
  3,875
  4,289
  4,722
  5,175
  5,647
  6,139
  6,651
  7,183
  7,736
  8,311
Tax expense, $m
  -13
  7
  14
  22
  34
  49
  68
  92
  121
  156
  196
  244
  297
  356
  421
  493
  570
  654
  744
  839
  940
  1,046
  1,158
  1,275
  1,397
  1,525
  1,657
  1,796
  1,939
  2,089
  2,244
Net income, $m
  18
  20
  37
  60
  91
  132
  184
  249
  327
  421
  530
  659
  802
  962
  1,138
  1,332
  1,542
  1,769
  2,011
  2,269
  2,541
  2,829
  3,131
  3,447
  3,777
  4,122
  4,481
  4,855
  5,243
  5,647
  6,067

BALANCE SHEET

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cash and short-term investments, $m
  1
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Total assets, $m
  53
  206
  318
  475
  690
  973
  1,338
  1,796
  2,358
  3,034
  3,833
  4,759
  5,819
  7,013
  8,344
  9,812
  11,413
  13,147
  15,010
  17,000
  19,113
  21,347
  23,699
  26,167
  28,751
  31,450
  34,264
  37,195
  40,244
  43,415
  46,710
Adjusted assets (=assets-cash), $m
  52
  206
  318
  475
  690
  973
  1,338
  1,796
  2,358
  3,034
  3,833
  4,759
  5,819
  7,013
  8,344
  9,812
  11,413
  13,147
  15,010
  17,000
  19,113
  21,347
  23,699
  26,167
  28,751
  31,450
  34,264
  37,195
  40,244
  43,415
  46,710
Revenue / Adjusted assets
  1.519
  1.180
  1.182
  1.183
  1.181
  1.182
  1.182
  1.182
  1.182
  1.182
  1.182
  1.182
  1.182
  1.182
  1.182
  1.182
  1.182
  1.182
  1.182
  1.182
  1.182
  1.182
  1.182
  1.182
  1.182
  1.182
  1.182
  1.182
  1.182
  1.182
  1.182
Average production assets, $m
  2
  64
  98
  147
  214
  301
  414
  556
  730
  940
  1,187
  1,474
  1,802
  2,172
  2,584
  3,038
  3,534
  4,071
  4,648
  5,265
  5,919
  6,611
  7,339
  8,104
  8,904
  9,740
  10,611
  11,519
  12,463
  13,445
  14,465
Working capital, $m
  11
  42
  65
  97
  141
  199
  274
  367
  482
  620
  784
  973
  1,190
  1,434
  1,706
  2,006
  2,334
  2,688
  3,069
  3,476
  3,908
  4,365
  4,846
  5,351
  5,879
  6,431
  7,007
  7,606
  8,229
  8,878
  9,552
Total debt, $m
  17
  135
  218
  334
  493
  702
  972
  1,310
  1,725
  2,225
  2,815
  3,500
  4,283
  5,166
  6,149
  7,234
  8,417
  9,698
  11,075
  12,546
  14,107
  15,758
  17,496
  19,320
  21,230
  23,224
  25,304
  27,470
  29,723
  32,066
  34,502
Total liabilities, $m
  29
  152
  235
  351
  510
  719
  989
  1,327
  1,743
  2,242
  2,832
  3,517
  4,300
  5,183
  6,167
  7,251
  8,434
  9,716
  11,093
  12,563
  14,124
  15,775
  17,513
  19,337
  21,247
  23,241
  25,321
  27,487
  29,741
  32,084
  34,519
Total equity, $m
  24
  54
  83
  124
  180
  254
  349
  469
  615
  792
  1,000
  1,242
  1,519
  1,830
  2,178
  2,561
  2,979
  3,431
  3,918
  4,437
  4,988
  5,571
  6,185
  6,830
  7,504
  8,208
  8,943
  9,708
  10,504
  11,331
  12,191
Total liabilities and equity, $m
  53
  206
  318
  475
  690
  973
  1,338
  1,796
  2,358
  3,034
  3,832
  4,759
  5,819
  7,013
  8,345
  9,812
  11,413
  13,147
  15,011
  17,000
  19,112
  21,346
  23,698
  26,167
  28,751
  31,449
  34,264
  37,195
  40,245
  43,415
  46,710
Debt-to-equity ratio
  0.708
  2.510
  2.620
  2.690
  2.740
  2.760
  2.780
  2.790
  2.800
  2.810
  2.810
  2.820
  2.820
  2.820
  2.820
  2.820
  2.830
  2.830
  2.830
  2.830
  2.830
  2.830
  2.830
  2.830
  2.830
  2.830
  2.830
  2.830
  2.830
  2.830
  2.830
Adjusted equity ratio
  0.442
  0.261
  0.261
  0.261
  0.261
  0.261
  0.261
  0.261
  0.261
  0.261
  0.261
  0.261
  0.261
  0.261
  0.261
  0.261
  0.261
  0.261
  0.261
  0.261
  0.261
  0.261
  0.261
  0.261
  0.261
  0.261
  0.261
  0.261
  0.261
  0.261
  0.261

CASH FLOW

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net income, $m
  18
  20
  37
  60
  91
  132
  184
  249
  327
  421
  530
  659
  802
  962
  1,138
  1,332
  1,542
  1,769
  2,011
  2,269
  2,541
  2,829
  3,131
  3,447
  3,777
  4,122
  4,481
  4,855
  5,243
  5,647
  6,067
Depreciation, amort., depletion, $m
  3
  10
  14
  19
  25
  34
  46
  60
  77
  98
  123
  147
  180
  217
  258
  304
  353
  407
  465
  526
  592
  661
  734
  810
  890
  974
  1,061
  1,152
  1,246
  1,344
  1,447
Funds from operations, $m
  4
  31
  51
  79
  117
  166
  230
  309
  405
  519
  653
  807
  982
  1,179
  1,397
  1,636
  1,896
  2,176
  2,476
  2,795
  3,133
  3,490
  3,865
  4,257
  4,668
  5,096
  5,542
  6,007
  6,490
  6,992
  7,513
Change in working capital, $m
  -2
  16
  23
  32
  44
  58
  75
  94
  115
  138
  163
  189
  217
  244
  272
  300
  328
  355
  381
  407
  432
  457
  481
  505
  528
  552
  575
  599
  624
  648
  674
Cash from operations, $m
  6
  15
  28
  47
  73
  108
  155
  215
  290
  381
  490
  617
  765
  935
  1,125
  1,336
  1,568
  1,821
  2,095
  2,388
  2,701
  3,033
  3,384
  3,753
  4,139
  4,544
  4,967
  5,407
  5,866
  6,343
  6,840
Maintenance CAPEX, $m
  0
  -4
  -6
  -10
  -15
  -21
  -30
  -41
  -56
  -73
  -94
  -119
  -147
  -180
  -217
  -258
  -304
  -353
  -407
  -465
  -526
  -592
  -661
  -734
  -810
  -890
  -974
  -1,061
  -1,152
  -1,246
  -1,344
New CAPEX, $m
  -1
  -24
  -35
  -49
  -66
  -88
  -113
  -142
  -174
  -209
  -247
  -287
  -328
  -370
  -412
  -454
  -496
  -537
  -577
  -616
  -654
  -692
  -728
  -764
  -800
  -836
  -872
  -908
  -944
  -982
  -1,021
Cash from investing activities, $m
  -1
  -28
  -41
  -59
  -81
  -109
  -143
  -183
  -230
  -282
  -341
  -406
  -475
  -550
  -629
  -712
  -800
  -890
  -984
  -1,081
  -1,180
  -1,284
  -1,389
  -1,498
  -1,610
  -1,726
  -1,846
  -1,969
  -2,096
  -2,228
  -2,365
Free cash flow, $m
  5
  -13
  -13
  -12
  -8
  -1
  12
  32
  60
  98
  149
  211
  290
  384
  495
  623
  768
  931
  1,111
  1,307
  1,520
  1,749
  1,994
  2,254
  2,529
  2,818
  3,121
  3,439
  3,770
  4,115
  4,474
Issuance/(repayment) of debt, $m
  -5
  57
  83
  116
  158
  209
  270
  338
  415
  500
  590
  685
  783
  883
  984
  1,084
  1,184
  1,281
  1,377
  1,470
  1,562
  1,651
  1,738
  1,824
  1,910
  1,994
  2,080
  2,166
  2,253
  2,343
  2,435
Issuance/(repurchase) of shares, $m
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash from financing (excl. dividends), $m  
  -7
  57
  83
  116
  158
  209
  270
  338
  415
  500
  590
  685
  783
  883
  984
  1,084
  1,184
  1,281
  1,377
  1,470
  1,562
  1,651
  1,738
  1,824
  1,910
  1,994
  2,080
  2,166
  2,253
  2,343
  2,435
Total cash flow (excl. dividends), $m
  -2
  44
  70
  104
  150
  209
  282
  370
  475
  598
  739
  896
  1,073
  1,267
  1,479
  1,707
  1,952
  2,212
  2,488
  2,778
  3,082
  3,400
  3,732
  4,078
  4,438
  4,813
  5,201
  5,605
  6,023
  6,458
  6,910
Retained Cash Flow (-), $m
  -18
  -20
  -29
  -41
  -56
  -74
  -95
  -120
  -147
  -176
  -208
  -242
  -276
  -312
  -347
  -383
  -418
  -453
  -486
  -519
  -552
  -583
  -614
  -644
  -674
  -704
  -735
  -765
  -796
  -828
  -860
Prev. year cash balance distribution, $m
 
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash flow adjustment, $m
 
  0
  0
  0
  1
  1
  1
  2
  2
  3
  4
  5
  6
  7
  8
  10
  12
  13
  16
  18
  20
  23
  25
  28
  31
  34
  37
  41
  44
  48
  51
Cash available for distribution, $m
 
  25
  40
  63
  94
  135
  186
  251
  329
  421
  530
  654
  796
  955
  1,131
  1,324
  1,534
  1,760
  2,001
  2,258
  2,530
  2,817
  3,118
  3,434
  3,764
  4,108
  4,467
  4,840
  5,228
  5,631
  6,050
Discount rate, %
 
  11.30
  11.87
  12.46
  13.08
  13.74
  14.42
  15.14
  15.90
  16.70
  17.53
  18.41
  19.33
  20.29
  21.31
  22.37
  23.49
  24.67
  25.90
  27.19
  28.55
  29.98
  31.48
  33.06
  34.71
  36.44
  38.27
  40.18
  42.19
  44.30
  46.51
PV of cash for distribution, $m
 
  22
  32
  44
  58
  71
  83
  93
  101
  105
  105
  102
  96
  87
  76
  64
  52
  41
  32
  23
  17
  11
  8
  5
  3
  2
  1
  1
  0
  0
  0
Current shareholders' claim on cash, %
  100
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0

Live Ventures Incorporated is a holding company for diversified businesses. The Company's segments include Manufacturing Segment, Marketplace Platform Segment and Services Segment. The Manufacturing Segment consists of Marquis Industries, Inc. The Marketplace Platform segment consists of livedeal.com and Modern Everyday, Inc. The Services Segment consists of the local exchange carrier billings business and velocity local. It operates LiveDeal.com, a real-time deal engine that connects restaurants across the United States and consumers through an online mobile platform. It is focused on the residential, commercial and hospitality end-markets. As of September 30, 2016, the Company operated its business through 13 divisions, each specializing in a distinct area of the business, such as Best Buy flooring Source, Marquis Carpet, Best Buy Hard surface, A-O Industries, Quantum Textiles and B and H Tufters.

FINANCIAL RATIOS  of  Live Ventures (LIVE)

Valuation Ratios
P/E Ratio 2
Price to Sales 0.5
Price to Book 1.5
Price to Tangible Book
Price to Cash Flow 5.9
Price to Free Cash Flow 7.1
Growth Rates
Sales Growth Rate 139.4%
Sales - 3 Yr. Growth Rate %
EPS Growth Rate %
EPS - 3 Yr. Growth Rate %
Capital Spending Gr. Rate NaN%
Cap. Spend. - 3 Yr. Gr. Rate NaN%
Financial Strength
Quick Ratio 1
Current Ratio 0
LT Debt to Equity 62.5%
Total Debt to Equity 70.8%
Interest Coverage 6
Management Effectiveness
Return On Assets 46%
Ret/ On Assets - 3 Yr. Avg. -16.8%
Return On Total Capital 51.4%
Ret/ On T. Cap. - 3 Yr. Avg. -24.1%
Return On Equity 120%
Return On Equity - 3 Yr. Avg. -33.5%
Asset Turnover 1.7
Profitability Ratios
Gross Margin 25.3%
Gross Margin - 3 Yr. Avg. 29.1%
EBITDA Margin 11.4%
EBITDA Margin - 3 Yr. Avg. -33.1%
Operating Margin 2.5%
Oper. Margin - 3 Yr. Avg. -34.1%
Pre-Tax Margin 6.3%
Pre-Tax Margin - 3 Yr. Avg. -35.8%
Net Profit Margin 22.8%
Net Profit Margin - 3 Yr. Avg. -31.4%
Effective Tax Rate -260%
Eff/ Tax Rate - 3 Yr. Avg. -89%
Payout Ratio 0%

LIVE stock valuation input parameters

Revenue. Company's revenue (or sales) is always the starting point of any cash flow forecast. In the LIVE stock intrinsic value calculation we used $152 million for the last fiscal year's total revenue generated by Live Ventures. The default revenue input number comes from 2016 income statement of Live Ventures. You may change it if you feel that it should be adjusted for some unusual circumstances that are not expected to be repeated in the future or if you already know (from interim financial statements, for example) that this year's revenue is going to be quite different.

Revenue growth rate. Forecasted future revenue growth rate is the most important input parameter for the intrinsic value calculation. Unlike other input parameters that are reasonably expected to be in line with their historic averages or their historic trends, the revenue growth rate by and large is a wild card: nobody really knows what the company's revenue will be in the future. Of course, the level of unpredictability is different for different industries (utility companies being the most predictable and, thus, less risky).
    We use three input parameters to forecast the revenue growth rate in our LIVE stock valuation model: a) initial revenue growth rate of 60% whose default value is the revenue growth rate in the most recent quarter compared to the quarterly revenue a year ago; b) terminal revenue growth rate of 5% whose default value is chosen to be close to the average nominal (i.e. not adjusted for inflation) GDP growth rate; and c) revenue decline factor of 0.9, which stipulates that revenue growth rate in each forecasted year will be equal to the difference of the revenue growth rate in the preceding year and the terminal revenue growth rate multiplied by this revenue decline factor (with the passage of time the revenue growth rate will be approaching the terminal revenue growth rate, but not quite reaching it - though the difference could be infinitesimally small).
    At the revenue decline factor of 1, the future revenue growth rate is forecasted to be constant and equal to the initial revenue growth rate. The smaller the revenue decline factor, the faster the revenue growth rate will approach the terminal revenue growth.

Discount rate. The discount rate is used for determining the present value of future cash flows: future cash flows are "discounted" as at normal conditions (that translate into positive expected return on investment) one dollar today is worth more than the same dollar in the future. Unlike all other valuation models, we use variable discount rate, i.e. it increases for each consecutive year. This is done to account for higher risk of cash flows coming in further in the future.
    The initial discount rate of 11.3%, whose default value for LIVE is calculated based on our internal credit rating of Live Ventures, is applied to the cash flow expected to be received a year from now (well, actually, to be precise, in the financial year following the base year - the last year for which we have financial statements). For each consecutive year the discount rate is multiplied by the discount rate multiplier of 1.05, e.i. each year it increases by 5%. Feel free to change this number to correspond to your level of risk assessment of Live Ventures.
    By the way, it is easy to set the discount rate to be constant (this would make comparison with other valuation models easier): just set the discount rate multiplier equal to 1 and chose the magnitude of the initial discount rate to your liking.

Variable cost ratio is the ratio of variable costs (i.e. costs that fluctuate with fluctuation of the volume of production) to the revenue expressed as a percentage. In the calculation of intrinsic value of LIVE stock the variable cost ratio is equal to 78.3%.

Fixed operating expenses is just that - expenses that are not dependant on the volume of production. They are set to $15 million in the base year in the intrinsic value calculation for LIVE stock. These expenses increase with the level of inflation in subsequent years.

Interest rate on debt is the average all-in rate of interest paid by the company on its debt. It is set at 16% for Live Ventures.

Corporate tax rate of 27% is the nominal tax rate for Live Ventures. In reality, companies find ways to pay much less taxes than that or not to pay them at all.

Cash flow adjustment could be used for any adjustment the investor deems necessary. Most commonly we use this field to account for stock options-related effects in excess of what is reported on the company's income statement. The cash flow adjustment is expressed as a percentage of the revenue, and in the current valuation of the LIVE stock is equal to 0.1%.

Production assets are the company's assets used for manufacturing products or provision of services. In the valuation model input table they are expressed as a percentage of revenue and for LIVE are equal to 26.2%.

Life of production assets of 10 years is the average useful life of capital assets used in Live Ventures operations. It is used to calculate yearly capital expenditures needed to keep these assets in good order - we call it the maintenance CAPEX.

Working capital is the difference between the company's current assets and liabilities. In the model we use the ratio of working capital to revenue, which for LIVE is equal to 17.3%. A negative number means that the company is apt at using financial resources of its suppliers and customers; a large positive number, on the other hand, means that it either provides in-kind financing to others or is not good at managing its inventories.

Book value of equity - $34 million for Live Ventures - is used in calculation of the "floor" for intrinsic valuation based on the discounted cash flow (DCF) method. Even if the prospects are very bad for a company, its assets could always be sold now for their current fair market value.

Shares outstanding of 2 million for Live Ventures is needed to calculate the intrinsic value of one share.

Market capitalization is used here only for reference purposes and as a quick check that the share price and the number of shares outstanding numbers are correct - something especially to be cognizant about at stock splits. So, the market capitalization of Live Ventures at the current share price and the inputted number of shares is $0.0 billion.

RELATED COMPANIES Price Int.Val. Rating
GOOGL Alphabet Cl A 1,197.88 989.08  hold
TILE Interface 23.45 33.63  buy
DXYN Dixie Group 2.27 3.27  hold
AMZN Amazon.com 1,813.70 1,290.53  hold
VZ Verizon Commun 50.62 50.64  hold
MSFT Microsoft 106.27 60.61  sell
TZOO Travelzoo 19.80 8.73  buy
HON Honeywell Inte 153.13 140.49  hold

COMPANY NEWS

▶ IIROC Trading Resumption - LIVE   [Jun-12-18 04:06PM  CNW Group]
▶ Live Ventures Inc to Host Earnings Call   [12:00PM  ACCESSWIRE]
▶ Live Ventures Announces Fiscal Year-End 2017 Results   [Dec-27-17 04:05PM  GlobeNewswire]
▶ Live Ventures Featured in Las Vegas Review Journal   [Jul-31-17 08:30AM  GlobeNewswire]
▶ ETFs with exposure to Live Ventures, Inc. : July 10, 2017   [Jul-10-17 02:47PM  Capital Cube]
▶ ETFs with exposure to Live Ventures, Inc. : June 29, 2017   [Jun-29-17 03:08PM  Capital Cube]
▶ Live Ventures to Defend Against Lawsuit   [08:30AM  GlobeNewswire]
▶ ETFs with exposure to Live Ventures, Inc. : April 5, 2017   [Apr-05-17 05:02PM  Capital Cube]
▶ LD Micro Index Reconstitution as of February 1, 2017   [Feb-01-17 09:45AM  Accesswire]
Financial statements of LIVE
Valuation of Stocks

The paper VALUATION OF STOCKS: The Quest for Intrinsic Value provides a detailed description of our valuation model and discloses the calculation algorithm.

FREE DOWNLOAD
Follow us on:   twitter   twitter   twitter   twitter

ASSET ALLOCATION

About X-FIN       Site news       Privacy policy       Terms of use       FAQ

Copyright © X-FIN.com 2005-2018. All rigths reserved.