Positioning no disclosures inside 60 days, left as found
Options no verdict drawn today, left as found
Ethical screen not yet scored
Price36.02 USD
Fair value49.15Our model only; no analyst estimate to cross-check.
Ethical score70.0/100
Value readUndervaluedas of 26 Oct 2026
Our investment reviews on this name
2026-08-04Read Markup34.04+5.8% to today ✓Distribution gives way to Markup
2026-07-02Read Distribution34.19+5.4% to today First review on file: Distribution
Our analytic regime reads on this name, dated and marked against the screened price. Small sample per name, and separate from the daily-framework accuracy on the Track Record page.
Liberty Broadband Corporation holds its Markup at $36.02. The statistical read favours the buyers, held for 27 days.
As held on the ledger · 2026-10-26
Phase
Markup
Quantitative state
The statistical read favours the buyers, held for 27 days
Price at the screen
$36.02
Valuation
N/A trailing · 5.41 forward price to earnings
Values screen
Not scored· score 70.0
Beta
0.63
The Workings
Five Screens, Shown in Full
This security has not been fully scored against the values screen yet.
Test
Figure
Limit
What it means
Status
Business activity
Permissible
Core business clean
Its core business isn't built on prohibited lines: no gambling, alcohol, tobacco, weapons, or interest-based lending.
Pass
Debt load
19.77%
Below 33%
Interest-bearing debt is just 19.8% of its assets, well under the one-third ceiling: it does not run on borrowed money.
Pass
Interest-bearing cash
0.00%
Below 33%
Cash held in interest-bearing accounts and securities is 0.0% of assets, under the one-third limit.
Pass
Receivables
0.65%
Below 49%
Money owed to the company is 0.6% of assets, under the 49% limit.
Pass
Five checks adapted from AAOIFI screening standards: business activity plus four balance-sheet ratios. All five must pass for ethical clearance. Every figure is arithmetic on public accounts, not judgement.
The Ethical Read
The Read, in Plain English
Liberty Broadband clears the business-activity screen and the figures we can measure look clean, but its income-purity figure is still pending, so the verdict is not final yet.
Read as at 2026-11-05. It updates when the underlying figures move, and past reads are kept below.
What the Numbers Say It Is Worth
The Fair Value Range
Our model only; no analyst estimate to cross-check.
Our analysis reads Undervalued vs our fair value, as of 26 Oct 2026: it trades at roughly a 27% discount to our $49.15 fair value.
Fair value range in USD, drawn from the 2026-10-26 screen. The gold marker is the market price at the same screen. A 26.7% discount to the base estimate.
Where our models see it going: fair-value estimate $49.15, with a range of $49.15 to $72.04, dated to the 2026-10-26 screen.
Fair value and rating are our own model estimates; the Street's range reflects third-party analyst estimates. Analysis, not advice.
The Business, in Plain Words
Broadband bets stall when the numbers vanish
Liberty Broadband sells the pipes that carry internet and TV into American homes, yet the accounts read like a half-finished wiring job. Forward earnings sit at just 4.6 times, but profit margins sit at zero and return on equity runs at minus 30 percent. With no moat rating and only two analysts offering targets, the cheap multiple signals missing pieces rather than a bargain.
We pass because the ethical screen returns insufficient data and the opportunity rating is none. Without reliable ratios the business cannot be judged on cash generation, governance or long-term viability, so any apparent margin of safety stays theoretical.
The real exposure is that negative returns and absent metrics often point to deeper structural problems that surface once the market demands clarity. Currency moves or regulatory shifts in spectrum licensing would only widen the gaps already visible.
Another profit measure, before interest, tax and non-cash costs: EBITDA.
The risks · The main risks here are ordinary market swings and the chance our fair-value read proves too optimistic.
Plain-English interpretation of our own screen data. Analysis, not advice.
Where & How to Trade
LBRDK trades on Nasdaq. As a listed security it is accessible through almost any international broker offering its home market. New to this, or investing from abroad? Our guide to accessing global markets covers brokers, currencies and the practical steps.
The Dated Journal · Newest First, Never Edited
Every Entry, As Written
2026-11-01Markup$36.02+0.0%Entry 8
The analysis reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved down 0.0% since our last review. Ethical screening: not fully scored yet. The risk-adjusted return profile shows negative risk-adjusted returns. Our composite framework grades it B, carrying a low risk profile. Technically it is sitting below its long-term trend line with momentum reading neutral. Over the past year the shares are down 64%. Our forward projection puts the odds of a 10% gain over the next month near 22%. The street (3 analysts) rates it buy, with a mean price target of $71.
2026-10-19Markup$36.02+0.0%Entry 7
The analysis reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved down 0.0% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows negative risk-adjusted returns. Our composite framework grades it B, carrying a low risk profile. Technically it is sitting below its long-term trend line with momentum reading neutral. Over the past year the shares are down 64%. Our forward projection puts the odds of a 10% gain over the next month near 22%. The street (3 analysts) rates it buy, with a mean price target of $71.
2026-10-02Markup$36.02+0.0%Entry 6
Our analysis reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved down 0.0% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows negative risk-adjusted returns. Our composite framework grades it D, carrying a low risk profile. Technically it is sitting below its long-term trend line with momentum reading bearish. Over the past year the shares are down 64%. Our forward projection puts the odds of a 10% gain over the next month near 22%. The street (3 analysts) rates it buy, with a mean price target of $71.
2026-09-04Markup$36.02+5.8%Entry 5
Our analysis reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved up 5.8% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows negative risk-adjusted returns. Our composite framework grades it D, carrying a low risk profile. Technically it is sitting below its long-term trend line with momentum reading bearish. Over the past year the shares are down 64%. Our forward projection puts the odds of a 10% gain over the next month near 22%. The street (3 analysts) rates it buy, with a mean price target of $71.
2026-08-04Markup · changed$34.04-0.4%Entry 4
The framework has shifted from distribution to markup since the last review. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved down 0.4% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows negative risk-adjusted returns. Our composite framework grades it D, carrying a low risk profile. Technically it is sitting below its long-term trend line with momentum reading bearish. Over the past year the shares are down 64%. Our forward projection puts the odds of a 10% gain over the next month near 22%. The street (3 analysts) rates it buy, with a mean price target of $71.
2026-07-18Distribution$34.19+0.0%Entry 3
Our analysis reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved down 0.0% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows negative risk-adjusted returns. Our composite framework grades it D, carrying a low risk profile. Technically it is sitting below its long-term trend line with momentum reading bearish. Over the past year the shares are down 64%. Our forward projection puts the odds of a 10% gain over the next month near 22%. The street (3 analysts) rates it buy, with a mean price target of $71.
2026-07-03Distribution$34.19+0.0%Entry 2
Our analysis reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved down 0.0% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows negative risk-adjusted returns.
2026-07-02Distribution$34.19Entry 1
Our analysis reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows negative risk-adjusted returns.
Each entry above was written on its date, before the outcome. A journal you can prune is not a journal.
