NASDAQ
According to Zyberno, LIQUIDITY SERVICES, INC (LQDT) shows a Value Trap signal — GOOD BUSINESS (74/100) with an apparent Margin of Safety of +40.6%, but a Brina Gap of -16.5% reveals the current price still assumes faster growth than the business can deliver.
According to Zyberno's DCF model, LIQUIDITY SERVICES, INC (LQDT) trades at $41.48 against an estimated intrinsic value per share of $69.85 — a +40.6% Margin of Safety based on Owner Earnings of $70.12M TTM, projected at 23.6% growth for 10 years with a 2.5% terminal growth rate. The Brina Gap of -16.5% weakens the case: based on the company's ROIC (11.9%) and reinvestment rate (13.1%), the business can fundamentally grow at 1.6% — but the current enterprise value implies the market expects 18.1%. This places LQDT in the Value Trap quadrant of the Brina Matrix — a value-trap signal where the apparent discount is undermined by overpriced growth expectations. Zyberno's model translates this into a 5-year expected return of 33.2% annually.
Over the trailing twelve months, LQDT generated $70.12M in Owner Earnings. Capital was deployed as follows: $1.47M returned via share buybacks, $8.25M invested in capital expenditures. Reinvestment rate: 13.1%. Owner Earnings have grown at 23.6% annually over the trailing five years using log-linear regression.