olivLaw · European equity research
LIBERTAS 7, S.A. LIB.MC
Spain · BME Madrid · ISIN ES0137998A12 · Vertical: Listed companies from Spain
Libertas 7 is a Valencia-based company combining property development, hotel and apartment tourism and an investment portfolio. Revenue rose to 21.3 million euros in 2025, with property sales driving growth and further deliveries planned for 2026 and later years.
At the close of 05 Nov 2026, LIBERTAS 7, S.A. (LIB.MC) stock was 2.98 EUR (+0.00% on the day), with market capitalisation 37.7 m EUR, P/E 8.3 on diluted EPS of 0.36 EUR over the last 12 months, dividend yield 0.67%, beta 0.08, 52-week range 2.90–3.96 EUR.
Data as of · AI analysis dated · Source: ESEF annual reports and closing prices, computed by olivLaw.
Price history
Loading chart…
Technical reading
- RSI (14)
- 44.7
- weak (30–45)
- Bollinger (20, 2)
- 2.94 – 3.11
- in the lower half of the band · %B 0.22 · band width 5.5%
- SMA 50 / 200
- 3.00 / 3.19
- downtrend (price < SMA50 < SMA200)
- MACD (12, 26, 9)
- 0.00 / 0.01
- MACD below signal
Indicators describe past prices; on their own they do not predict direction. On our history the RSI ≤ 40 filter added no return (see the signals methodology).
Performance
| Company | EURO STOXX 50 | vs EURO STOXX 50 | Vertical median | |
|---|---|---|---|---|
| 1 month | +0.7% | −0.6% | +1.3 pp | — |
| 3 months | −2.0% | −4.2% | +2.2 pp | — |
| 6 months | −9.7% | +4.3% | −14.0 pp | — |
| Year to date | −0.7% | +7.5% | −8.2 pp | — |
| 1 year | −8.0% | +9.9% | −17.9 pp | +6.7% |
| 3 years | unavailable | +49.8% | unavailable | +31.5% |
| 5 years | +65.6% | +42.8% | +22.7 pp | — |
Price returns, dividends excluded.
Quarterly results
ESEF annual reports carry no quarters: the results are annual (below).
E/P over time
E/P = trailing-12-month diluted EPS / price at quarter end. E/P is the inverse of P/E and stays defined when earnings are negative.
Today's P/E sits at the 33 percentile of its own 3-quarter history (min 5.9, median 8.3, max 22.9; quarters with earnings only).
Fiscal years
| Fiscal year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Revenue | 13.4 m | 7.8 m | 21.3 m |
| Revenue YoY | unavailable | −41.7% | +173.0% |
| Net income | 2.3 m | 2.8 m | 4.5 m |
| Net income YoY | unavailable | +21.1% | +62.9% |
| Diluted EPS | 0.17 | 0.08 | 0.36 |
| Diluted EPS YoY | unavailable | −52.9% | +350.0% |
| net % | 17.2% | 35.8% | 21.3% |
| Free cash flow | 4.6 m | -1.8 m | 6.2 m |
Balance sheet & financial health
Fiscal year 2025 · 31 Dec 2025
- Cash
- 4.6 m EUR
- Financial debt
- unavailable EUR
- Net debt
- unavailable EUR
- Equity
- 104.7 m EUR
- Total assets
- 170.9 m EUR
- Debt / equity
- unavailable
- Current ratio
- 4.47x
- ROE
- 4.5%
- ROA
- 2.7%
- FCF margin
- 29.2%
Financial statements (source on every figure)
Revenue and net income (EUR)
Margins
Income statement · EUR
| Line | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|
| Revenue | 13.4 m | 7.8 m | 21.3 m | esef· 20 Oct 2026verified |
| Operating income | 4.4 m | 5.5 m | 7.8 m | esef· 20 Oct 2026verified |
| Interest expense | 1.4 m | 1.8 m | 1.5 m | esef· 20 Oct 2026verified |
| Pre-tax income | 3.2 m | 3.9 m | 6.2 m | esef· 20 Oct 2026verified |
| Income tax | 919.2 k | 1.1 m | 1.7 m | esef· 20 Oct 2026verified |
| Net income | 2.3 m | 2.8 m | 4.5 m | esef· 20 Oct 2026verified |
| Diluted EPS | 0.17 | 0.08 | 0.36 | esef· 20 Oct 2026verified |
| Dividend per share | 0.02 | 0.02 | 0.02 | esef· 20 Oct 2026verified |
Balance sheet · EUR
| Line | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|
| Cash | 3.9 m | 3.6 m | 4.6 m | esef· 20 Oct 2026verified |
| Receivables | 1.3 m | 2.9 m | 2.5 m | esef· 20 Oct 2026verified |
| Current assets | 66.8 m | 75.4 m | 83.6 m | esef· 20 Oct 2026verified |
| Property, plant & equipment, net | 507.2 k | 641.6 k | 493.5 k | esef· 20 Oct 2026verified |
| Goodwill | 594.9 k | 290.6 k | 290.6 k | esef· 20 Oct 2026verified |
| Total assets | 148.2 m | 161.6 m | 170.9 m | esef· 20 Oct 2026verified |
| Accounts payable | 3.3 m | 6.5 m | 8.6 m | esef· 20 Oct 2026verified |
| Current liabilities | 9.3 m | 19.6 m | 18.7 m | esef· 20 Oct 2026verified |
| Total liabilities | 148.2 m | 161.6 m | 170.9 m | esef· 20 Oct 2026verified |
| Equity | 95.5 m | 96.9 m | 104.7 m | esef· 20 Oct 2026verified |
| Shares outstanding at year end | 13.6 m | 34.9 m | 12.6 m | esef· 20 Oct 2026derived |
Cash flow · EUR
| Line | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|
| Operating cash flow | 4.8 m | -1.6 m | 6.7 m | esef· 20 Oct 2026verified |
| Capex | 196.8 k | 218.9 k | 445.2 k | esef· 20 Oct 2026verified |
| Free cash flow | 4.6 m ≈ | -1.8 m ≈ | 6.2 m ≈ | esef· 20 Oct 2026derived |
| Investing cash flow | -240.2 k | -4.4 m | — | esef· 08 May 2025verified |
| Financing cash flow | -6.5 m | 5.5 m | -3.3 m | esef· 20 Oct 2026verified |
≈ computed by olivLaw from the reported lines of the same year: Operating cash flow − Capex.
Computed indicators
Growth
Profitability
Returns
Balance sheet
Liquidity
Cash
Efficiency
Market and valuation
1 indicators that do not apply to the sector.
Valuation
olivLaw classification
- score weight coverage: 41.7% of at least 60%
A scoring methodology on indicators and valuation, not investment advice.
Closing price
05 Nov 2026Source: olivLaw, closing series
Market cap: 37.7 m EUR
Key indicators
Coverage and freshness
Score by group
42% · Insufficient data
Estimated value range
The combined range = the median of the valid methods' low, central and high values; it is not a probability interval and does not cover every result. Envelope of all methods: 5.47 – 8.18 EUR.
Methods computed but outside the aggregate range: Dividend discount (DDM) (a small share of earnings is paid as dividends (capital returns through buybacks): the dividend model does not describe the value and stays outside the aggregate).
Valuation assumptions are editorial choices, not measured; beta is not measured.
Method ranges (EUR per share)
— — Mid · ▏ Price
Valuation methods
- DCF (discounted cash flow)unavailable · net debt missing: EV cannot be bridged to equity (missing debt is not zero)
- Peers: EV/EBITDAunavailable · net debt missing: EV cannot be bridged to equity (missing debt is not zero)
- Peers: P/E5.47 – 8.18 (Mid 7.16)18 companies used · median multiple 19.9x · quartiles 15.2x – 22.7xACS.MC, ADX.MC, AEDAS.MC, AENA.MC, AMS.MC, ANA.MC, CAF.MC, CLEO.MC, CMO.MC, DESA.MC, DIA.MC, EAT.MC, EDR.MC, ELE.MC, ENER.MC, ENO.MC, FAE.MC, FCC.MC
- Dividend discount (DDM)outside the aggregate0.27 – 0.37 (Mid 0.31)a small share of earnings is paid as dividends (capital returns through buybacks): the dividend model does not describe the value and stays outside the aggregate
Assumptions (illustrative, editorial)
- Risk-free rate
- 3.0%
- Equity risk premium
- 5.5%
- Beta (default)
- 1.00
- Cost of equity
- 8.5%
- Terminal growth
- 2.0%
Factor scorecard
Insufficient data
Minimum-evidence gate: score weight coverage: 41.7% of at least 60%
| Factor | Value | Score | Weight used |
|---|---|---|---|
| ROIC · Quality | unavailable | unavailable | — |
| Net margin · Quality | 21.3% | 89 (vs peers) | 15% |
| FCF conversion · Quality | 136.7% | 100 (on a fixed band) | 15% |
| Revenue CAGR 3Y · Growth | unavailable | unavailable | — |
| EPS CAGR 3Y · Growth | unavailable | unavailable | — |
| Net debt / EBITDA · Balance sheet | unavailable | unavailable | — |
| Interest coverage · Balance sheet | 5.2x | 57 (on a fixed band) | 15% |
| Current ratio · Balance sheet | 4.5x | 100 (on a fixed band) | 10% |
| P/E (TTM) · Valuation | 8.3x | 95 (vs peers) | 25% |
| EV/EBITDA · Valuation | unavailable | unavailable | — |
| FCF yield · Valuation | 16.5% | 100 (on a fixed band) | 20% |
| Shareholder yield (distributions) · Returns | unavailable | unavailable | — |
| Payout ratio (FCF) · Returns | unavailable | unavailable | — |
Factors without a value were dropped; the remaining weights were renormalised.
Score groups
- Balance sheet74/100 · 2/3 factors with a value
- Growth· partialunavailable · 0/2 factors with a value
- Quality95/100 · 2/3 factors with a value
- Returns· partialunavailable · 0/2 factors with a value
- Valuation97/100 · 2/3 factors with a value
A «partial» group is computed from under half of its weight or from one factor: it is not a full assessment of the group.
Memo
LIBERTAS 7 SOCIEDAD ANONIMA (LIB.MC). Latest full fiscal year: 2025; data up to 2025-12-31.
Figures computed from the financial statements: revenue 21.3 m EUR in 2025; YoY growth 173.0%; net margin 21.3%; ROE 4.5%.
The estimated value range is 5.47–8.18 EUR per share (median of 1 methods, agreement: single method); assumptions are illustrative. Against the central value of 7.16 EUR, the price of 2.98 EUR leaves a potential of 140.1% (value / price − 1) and a margin of safety of 58.4% (1 − price / value). The range is the median of the methods' low, central and high values, not a probability interval.
Insufficient data for a verdict (score weight coverage: 41.7% of at least 60%).
Text generated deterministically from the figures shown; no language model. Not investment advice.
What supports the thesis
- Net margin: 21.3%
- FCF conversion: 136.7%
- Current ratio: 4.5x
- P/E (TTM): 8.3x
- FCF yield: 16.5%
- The price is below the estimated value range
What contradicts it
No signal among the computed factors. That is not an absence of risk: factors without data were not assessed, and business risks (margins, inventory, demand) are in the source-based analysis.
Not assessed (insufficient data or a ratio without meaning): ROIC, Revenue CAGR 3Y, EPS CAGR 3Y, Net debt / EBITDA, EV/EBITDA, Shareholder yield (distributions), Payout ratio (FCF).
Versus the vertical median
Listed companies from Spain · same country · compared with 39 companies
Multiples and returns vs the median
Price rebased to 100 (monthly, 5 years)
Companies in the vertical
| Market cap | P/E | ROE | Net margin | Revenue YoY | 1A / 3A | |
|---|---|---|---|---|---|---|
| ELE.MCEndesa SA | 46.9 bn | 21.4 | 26.4% | 10.5% | +0.5% | +43% / +134% |
| AENA.MCAena S.m.e. SA | 42.6 bn | 19.9 | 24.2% | 34.0% | +8.9% | +21% / +79% |
| AMS.MCAmadeus It Group Sociedad Anonima | 26.2 bn | 19.8 | 26.9% | 20.5% | +6.1% | −6% / −5% |
| ACS.MCAcs Actividades De Construccion Y Servicios, S.A. | 21.9 bn | 23.0 | 19.9% | 1.9% | +19.7% | +7% / +134% |
| ANA.MCAcciona SA | 11.7 bn | 14.5 | 16.9% | 4.0% | +5.5% | +24% / +66% |
| FCC.MCFomento De Construcciones Y Contratas S.A. | 5.0 bn | 30.3 | 5.3% | 1.7% | +6.9% | −8% / −14% |
| DIA.MCDistribuidora Internacional De Alimentacion SA | 2.7 bn | 20.6 | 165.6% | 2.2% | −2.7% | +51% / +380,733% |
| CMO.MCCementos Molins S.A. | 2.5 bn | 13.6 | 14.3% | 18.0% | −3.1% | +31% / unavailable |
| ENO.MCElecnor SA | 2.4 bn | 21.9 | 10.5% | 2.5% | +15.1% | −3% / +58% |
| ALM.MCAlmirall S.A. | 2.4 bn | 51.1 | 3.1% | 4.2% | +12.4% | −11% / +32% |
| FAE.MCFaes Farma SA | 1.5 bn | 19.3 | 10.8% | 13.0% | +23.7% | +3% / +57% |
| AEDAS.MCAedas Homes SA | 1.0 bn | 17.1 | 57.8% | 7.0% | −24.8% | +0% / +38% |
| EDR.MCEdreams Odigeo SA | 574.4 m | 11.5 | 21.0% | 7.8% | −0.4% | +40% / −24% |
| EAT.MCAmRest Holdings SE | 506.0 m | 31.4 | 4.3% | 0.6% | +0.1% | −34% / −61% |
| ADX.MCAudax Renovables S.A. | 468.5 m | 23.9 | 9.3% | 1.0% | −5.4% | −23% / −18% |
| ATRY.MCAtrys Health, S.A. | 200.4 m | — | -49.5% | -71.1% | +8.5% | −3% / −29% |
| ENER.MCEcoener, S.A. | 175.6 m | 32.2 | 4.2% | 6.4% | +3.6% | −34% / −6% |
| ADZ.MCAdolfo Dominguez SA | 62.9 m | 38.3 | 9.0% | 1.2% | +1.8% | +39% / +40% |
| DESA.MCDesarrollos Especiales De Sistemas De Anclaje S.A. | 44.8 m | 9.2 | 152.3% | 10.0% | +2.2% | +19% / unavailable |
| LIB.MCLibertas 7 Sociedad Anonima | 37.7 m | 8.3 | 4.5% | 21.3% | +173.0% | −6% / +89% |
| EZE.MCGrupo Ezentis SA | 29.0 m | — | — | -9.3% | +147.2% | −30% / −37% |
| CLEO.MCCompañia Levantina De Edificacion Y Obras Publicas SA | 17.3 m | 14.4 | 4.1% | 3.4% | +13.4% | unavailable / unavailable |
| AYC.MCAyco Grupo Inmobiliario, S.A. | 16.4 m | — | -33.8% | — | −100.0% | unavailable / unavailable |
| EBRO.MCEbro Foods, S.A. | 3.0 m | 0.0 | 10.0% | 7.7% | −4.0% | −0% / +19% |
| A3M.MCAtresmedia Corporacion De Medios De Comunicacion, S.A. | — | — | 7.9% | 6.9% | −2.7% | +13% / +60% |
1- and 3-year price returns: for LIB.MC from daily closes (the same as the performance table), for the other companies from month-end closes.
olivLaw engine forecast
The world engine ran after the company's latest material disclosure. Probabilities are of TOUCHING a level within the horizon (not closing there) and sit next to the random walk (p_rw), the no-information benchmark.
The engine has no published run for this company yet.
Valuation scenarios (editable assumptions)
Illustrative scenarios
Illustrative: not forecasts and without probabilities. Each case is one coherent set of assumptions, computed on today's figures.
Estimated price (EUR)
| Estimated price | Bear | Base | Bull |
|---|---|---|---|
| 1 years | 1.95 Total return -34% · Per year -34% | 3.43 Total return 16% · Per year 16% | 5.14 Total return 73% · Per year 73% |
| 3 years | 2.31 Total return -21% · Per year -7% | 4.53 Total return 55% · Per year 16% | 7.40 Total return 152% · Per year 36% |
| 5 years | 2.74 Total return -5% · Per year -1% | 5.99 Total return 106% · Per year 16% | 10.66 Total return 265% · Per year 30% |
- Exit P/E± 1.13
- Net margin± 0.79
- Annual revenue growth± 0.59
- Annual dilution± 0.07
AI analysis
AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.
In brief
Libertas 7 is a Valencia-based company combining property development, hotel and apartment tourism and an investment portfolio. Revenue rose to 21.3 million euros in 2025 1, with property sales driving growth and further deliveries planned for 2026 and later years.
SWOT
Strengths
- The group has a diversified portfolio across three business lines, with a development cycle that delivered significant revenue in 2025.
- Tourism assets were revalued upward, and their Valencia location gives them a positional advantage.
- The investment portfolio earned a solid return in 2025, supported by active management of its holdings.
Weaknesses
- Property development income is cyclical and depends on escriturations timing, which makes results harder to forecast.
- Part of the reported result comes from realised gains, and recurring tourism income remains relatively modest.
- Debt is largely at variable rates, which exposes finance costs to market interest rate movements.
Opportunities
- Planned deliveries for 2026 and later years could strengthen revenue and recurrence.
- Selective acquisitions of hotels or apartments under review could expand the tourism business.
- Digitalising the sales process and revenue management could improve operating margins.
Threats
- A correction in equity markets could reduce portfolio value and investment results.
- A harder macroeconomic or geopolitical backdrop could slow tourism and property demand.
- External events such as the DANA storm in 2025 can temporarily disrupt visitor flows to Valencia.
Risks
- Market risk of the portfoliohigh
The listed and private capital portfolios are exposed to market volatility, and a fall in quoted prices could weigh on group equity.
- Interest rate riskmedium
Debt is almost entirely at variable rates, so a rise in benchmark rates could increase finance costs.
- Cyclicality of developmentmedium
Development results depend on the pace of sales and escriturations, and delivery delays could reduce revenue in a given year.
- Geographic concentrationmedium
Property and tourism activities are concentrated in the Valencia region, exposing the group to local economic conditions and region-specific events.
- Operational and cyber risklow
Internal processes, IT systems and data security may be affected by incidents, and losses could be direct or indirect.
Investment thesis
What would need to be true (bull case)
- If the 2026 development deliveries proceed on schedule, group revenue could grow further from the 2025 level.
- The revalued and repositioned tourism assets could benefit from international demand and the acquisitions under review.
- Active portfolio management could keep generating realised gains if markets remain supportive.
What would break the thesis
- Development revenue could decline after the current cycle if new projects do not reach the same scale.
- A significant part of the 2025 result came from extraordinary gains that are not recurring.
- An equity correction or higher interest rates could reduce both portfolio value and net margin.
What to watch
- Escriturations of the Gaïa and Idalia Nature projects2026
- Announcement of acquisitions of new tourism establishments2026
- Development of realised gains and portfolio return in the investment areanext 10-K
- Occupancy and average rate of the Sea You Port Saplaya apartments2026
Products, market & competition
AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.
The business
The group has three business lines: property development, with residential and commercial projects in the Valencia region; the Tourism Area, which operates the Sea You Port Saplaya apartments and the Sea You Hotel Port Valencia; and the Investment Area, which manages listed equities, private capital and permanent holdings. Property sales reached 14.6 million euros in 2025 1 and tourism revenue 3.4 million euros 1.
The revenue mix combines recurring income from rentals and tourism with cyclical income from property sales and investment gains. The annual report attributes recent growth mainly to development activity and realised gains, while recurring income remains smaller and depends on delivery timing.
Libertas 7 intends to stay focused on the Valencia region and to expand its tourism portfolio through selective acquisitions. Management says several transactions are under review that could add at least one new establishment in 2026, subject to completion.
Segments
Property development
This is the main growth driver in 2025: property sales rose from negligible levels in 2024 to 14.6 million euros 1, reflecting the development cycle. Escriturations for Gaïa and Idalia Nature are planned for 2026, and the delivery schedule extends to 2028.
Tourism Area
It comprises the Sea You Port Saplaya apartments, about two-thirds of billing, and the Sea You Hotel Port Valencia, which was temporarily hit by the DANA storm in the first part of the year. Revenue reached 3.4 million euros 1, while hotel occupancy remained stable.
Investment Area
It manages the listed equity portfolio, private capital and permanent holdings. In 2025 the portfolio delivered a total return of 15.6% 1, and reported results were shaped by the level of realised gains, which varied from the prior year.
Market context
The residential property market in Valencia and the urban hotel market in the same city form the group's main environment. The annual report expects a moderately positive 2026 for tourism, with more contained growth and solid international demand, but a more demanding macroeconomic and geopolitical backdrop.
On equity markets, the report says macroeconomic stability and rising profits could support prices even without strong rate cuts. However, high valuations in some sectors, notably financials and technology, could create spillover corrections if expectations are not met.
Trends
- Property development cycle and deliveriestailwind
Property sales moved from marginal levels to 14.6 million euros, and the escriturations schedule for 2026 and 2027 supports future revenue. If deliveries proceed as planned, development could become more predictable as a contributor to results.
- Recovery of Valencia tourismmixed
Valencia tourism has recovered from the DANA disruption, and forecasts for 2026 point to moderate growth supported by international demand. Cost pressures and geopolitical conditions remain a constraint.
- Volatility of capital marketsheadwind
High valuations in the financial and technology sectors could amplify market corrections, and the group's listed portfolio is exposed to these moves. The 2025 gains were partly the result of favourable sales that cannot be assumed to repeat.
- Digitalisation of operationstailwind
The 2025-2027 digital transformation plan targets a cloud ERP, a commercial CRM and business intelligence tools. If these projects are completed, operating efficiency and tourism revenue management could benefit.
Competitive position
In Valencia property, Libertas 7 competes with regional developers and national operators targeting the same residential segments. In urban tourism, Sea You hotels and apartments compete with other Valencia accommodation, where average daily rate and distribution channels shape competitive position.
The investment business competes with other private capital firms and investment funds operating in Spain. The report does not name a direct US-listed competitor, so the comparison remains limited to the specific activity.
- Regional property developers in the Valencia region
They compete for land and buyers in the residential segment where the group focuses its development.
- Urban hotel operators in Valencia
They compete for demand in the Valencia hotel market, where Sea You adjusts pricing and distribution.
- Spanish private capital firms
They compete for investment opportunities and for capital raised in the group's private equity strategies.
- Spanish funds and asset managers
They compete for management of the listed portfolio and for investor returns.
News & filings
In the press
No news in our archive over the last 180 days.
Annual reports (ESEF)
- Annual report 202520 Oct 2026
- Annual report 202408 May 2025
Sources
- [1] Annual report, fiscal year ended 2025-12-31 (ESEF) · SEC / LIBERTAS 7, S.A. · 31 Dec 2025
Figures computed by olivLaw from ESEF annual reports and closing prices; the qualitative analysis is AI-generated from cited sources. Not investment advice.