Live Ventures Incorporated (LIVE)

Live Ventures Incorporated (LIVE) Consumer Business Overview

Live Ventures Incorporated is a diversified holding company operating in flooring manufacturing, steel production, and retail entertainment. With a focus on acquiring and optimizing businesses, Live Ventures serves residential, commercial, and industrial markets through its various subsidiaries. The company operates with a P/E ratio of 8.4 and a profit margin of 5.0%.

What Is the Investment Thesis for LIVE?

Live Ventures Incorporated presents a unique investment profile due to its diversified operations across flooring, steel, and retail sectors. With a low P/E ratio of 8.4, the company may be undervalued relative to its earnings. A key value driver is the potential for operational improvements within its acquired businesses. The company's ability to integrate and optimize its diverse segments will be crucial for future growth. The retail segment's performance and its adaptation to changing consumer preferences in entertainment will also impact overall profitability. Investors should monitor the company's ability to manage its diverse operations effectively and capitalize on synergies between its segments. The ongoing expansion and performance of each segment will be critical in assessing the long-term investment viability.

Based on FMP financials and quantitative analysis

LIVE Key Highlights

• Market Cap of $31.07M reflects the company's current valuation in the market.
• P/E Ratio of 8.4 suggests the company's stock price may be low relative to its earnings.
• Profit Margin of 5.0% indicates the percentage of revenue that turns into profit.
• Gross Margin of 33.0% shows the percentage of revenue remaining after deducting the cost of goods sold.
• Beta of 1.16 indicates the stock is slightly more volatile than the market.

Who Are LIVE's Competitors?

LIVE is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.

AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance

What Are LIVE's Key Strengths?

• Diversified revenue streams across multiple industries.
• Established manufacturing capabilities in flooring and steel.
• Retail presence with a network of storefronts.
• Low P/E ratio suggesting potential undervaluation.

What Are LIVE's Weaknesses?

• Relatively small market capitalization.
• Dependence on consumer spending and economic conditions.
• Potential challenges in managing diverse operations.
• Competition from larger players in each sector.

What Could Drive LIVE Stock Higher?

• Potential acquisitions in the steel or flooring sectors could expand market share and revenue.
• Continued operational improvements in the retail segment to enhance profitability.
• Expansion of online sales channels to reach a broader customer base.

What Are the Key Risks for LIVE?

• Financial-distress signal — its Altman Z-Score of 1.64 sits in the distress zone (elevated bankruptcy risk).
• Economic downturns could negatively impact consumer spending and industrial production.
• Increased competition from online retailers could erode market share in the retail segment.
• Fluctuations in raw material costs could affect profitability in the manufacturing segments.
• Challenges in integrating and managing diverse business operations.

What Are the Growth Opportunities for LIVE?

• Expansion of Flooring Manufacturing: The flooring segment can grow by expanding its product offerings and distribution channels. Targeting the residential and commercial markets with innovative and sustainable flooring solutions can drive revenue growth. The market for eco-friendly flooring is expanding, presenting an opportunity for Live Ventures to capture a larger market share. A focus on direct-to-consumer sales through online platforms could also enhance profitability. This expansion could see revenue increases within the next 2-3 years.
• Strategic Acquisitions in Steel Manufacturing: The steel manufacturing segment can grow through strategic acquisitions of complementary businesses. Acquiring companies with specialized steel products or expanded geographic reach can enhance market position. The demand for specialized steel products in industries such as automotive and aerospace provides a growth avenue. Integrating new acquisitions effectively will be crucial for realizing synergies and improving profitability. This strategy could yield significant returns within 3-5 years.
• Enhancement of Retail Operations: The retail segment can improve its performance by enhancing the customer experience and adapting to changing consumer preferences. Investing in online sales channels and offering unique products and services can attract new customers. The market for collectibles and vintage items is growing, presenting an opportunity for Live Ventures to capitalize on this trend. Improving inventory management and reducing operating costs can also enhance profitability. These improvements are expected to show results within the next 1-2 years.
• Product Innovation in Flooring: Investing in research and development to create innovative flooring products can drive growth. Developing flooring solutions with enhanced durability, sustainability, and aesthetic appeal can attract customers. The market for luxury vinyl tile (LVT) and other high-end flooring products is expanding, presenting an opportunity for Live Ventures to capture a larger market share. Collaborating with designers and architects can also enhance product development efforts. These innovations could lead to increased sales within the next 2-3 years.
• Digital Transformation Across Segments: Implementing digital technologies across all business segments can improve efficiency and customer engagement. Investing in e-commerce platforms, data analytics, and automation can streamline operations and enhance decision-making. The use of data analytics to understand customer preferences and optimize inventory management can drive sales and reduce costs. Digital marketing initiatives can also attract new customers and enhance brand awareness. This transformation is expected to yield long-term benefits across all segments.

What Opportunities Does LIVE Have?

• Expansion of online sales channels.
• Strategic acquisitions to enhance market position.
• Product innovation in flooring and steel.
• Capitalizing on the growing market for collectibles and vintage items.

What Threats Does LIVE Face?

• Economic downturns affecting consumer spending.
• Increased competition from online retailers.
• Fluctuations in raw material costs.
• Changing consumer preferences in entertainment.

What Are LIVE's Competitive Advantages?

• Diversified operations across multiple sectors.
• Established retail presence with multiple storefronts.
• Manufacturing capabilities in flooring and steel.
• Strategic acquisition strategy for growth.

What Does LIVE Do?

Live Ventures Incorporated, established in 1968 and headquartered in Las Vegas, Nevada, operates as a diversified holding company with interests in flooring manufacturing, steel manufacturing, and retail. The company's Flooring Manufacturing segment produces and distributes carpets, rugs, and yarn, targeting residential, niche commercial, and hospitality sectors. This segment also resells hard surface flooring products, catering to flooring dealers, home centers, and end-users directly. The Steel Manufacturing segment focuses on producing and selling pre-finished de-carb free tool and die steel products, including deluxe alloy plates and precision ground flat stock, serving steel distributors and service centers. The Retail segment operates 63 specialty entertainment retail storefronts under the names Vintage Stock, V-Stock, Movie Trading Company, and EntertainMart, located across several states including Arkansas, Colorado, Idaho, Illinois, Kansas, Missouri, Nebraska, New Mexico, Oklahoma, Texas, and Utah. These stores buy, sell, and trade new and pre-owned movies, video games, music, and collectibles. Additionally, the company offers services such as rentals and repairs. Live Ventures aims to create shareholder value through strategic acquisitions and operational improvements across its diverse portfolio.

What Products and Services Does LIVE Offer?

• Manufactures and sells carpets, rugs, and yarn products.
• Resells hard surface flooring products.
• Manufactures and sells pre-finished de-carb free tool and die steel products.
• Operates specialty entertainment retail storefronts.
• Buys, sells, and trades new and pre-owned movies, video games, and music products.
• Sells ancillary products such as books, comics, toys, and collectibles.
• Offers services such as rentals, special orders, and repair services.

How Does LIVE Make Money?

• Manufacturing and selling flooring products to dealers, home centers, and end-users.
• Manufacturing and selling steel products to steel distributors and service centers.
• Operating retail stores that buy, sell, and trade entertainment products.
• Generating revenue through product sales, services, and trading activities.

What Industry Does LIVE Operate In?

Live Ventures operates within the consumer cyclical sector, specifically in the home improvement and retail industries. The home improvement market is influenced by housing market trends and consumer spending on renovations and new construction. The retail segment faces competition from online retailers and changing consumer preferences for entertainment. The steel manufacturing segment is tied to industrial production and infrastructure development. Live Ventures' diversified approach allows it to mitigate risks associated with any single industry, but also requires effective management across diverse business models. The company's success depends on its ability to adapt to market trends and maintain competitiveness in each of its sectors.

Who Are LIVE's Key Customers?

• Flooring dealers and home centers.
• Steel distributors and steel service centers.
• Consumers interested in entertainment products.
• Residential and commercial end-users of flooring products.

Live Ventures Incorporated (LIVE) Valuation Context

Valued at $31.07M, LIVE is classified as a micro-cap stock. Relative to its peer group, LIVE's quantitative score of 60/100 is roughly in line with the peer average of 58/100.

ROE 4%Key Financial Metrics

Return on equity for Live Ventures Incorporated stands at 4.1%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 1.0%, showing how much profit it generates from its asset base. LIVE trades at a trailing price-to-earnings ratio of 8.43, below the Consumer Cyclical sector average of ~39x. Its free cash flow yield is 61.6%, a gauge of the cash the business throws off relative to its market value. A current ratio of 1.71 indicates the company holds enough short-term assets to cover its near-term obligations. Its earnings yield is 11.8%, the inverse of the P/E and a quick read on earnings relative to price.

F-Score 8/9Financial Health

Live Ventures Incorporated's Piotroski F-Score is 8/9, a 9-point checklist of profitability, leverage and efficiency — signaling solid underlying fundamentals. Its Altman Z-Score of 1.64 places it in the distress zone, a signal of elevated financial risk.

FY2026 estForward Outlook

Wall Street analysts project Live Ventures Incorporated revenue of about $481.1M for fiscal 2026, with EPS near $8.75.

LIVE Financials

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LIVE Analyst Consensus

LIVE MoonshotScore

Common Questions About LIVE (Consumer Cyclical)

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.

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