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50.29 (1y: +10%)
Market Cap 14.55 B P/E(ttm) 19.80
Enterprise Value 18.25 B P/B
LTD- NYSE (USA)
L Brands Inc
  • Currently 4/5
Business Predictability Rank: 4-Star
Back Testing Results:
Average gain of all 4-Star stocks: 9.8% per year.
% of Stocks that are in still loss if held for 10yrs: 8%.
Read more:
What is Predictability Rank?
Performances of real portfolio
Top Ranked Predictable Companies
$50.29
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GuruFocus Financial Strength Rank measures how strong a companyย’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 6/10

vs
industry		 vs
history
Cash to Debt 0.173
LTD's Cash to Debt is ranked lower than
85% of the 493 Companies
in the Global Apparel Stores industry.

( Industry Median: 2.99 vs. LTD: 0.173 )
LTD' s 10-Year Cash to Debt Range
Min: 0.17   Max: 4.83
Current: 0.17
0.17
4.83
Equity to Asset -0.456
LTD's Equity to Asset is ranked lower than
99% of the 493 Companies
in the Global Apparel Stores industry.

( Industry Median: 0.42 vs. LTD: -0.456 )
LTD' s 10-Year Equity to Asset Range
Min: -0.46   Max: 0.57
Current: -0.46
-0.46
0.57
Interest Coverage 5
LTD's Interest Coverage is ranked lower than
73% of the 493 Companies
in the Global Apparel Stores industry.

( Industry Median: 71.00 vs. LTD: 5 )
LTD' s 10-Year Interest Coverage Range
Min: 4   Max: No Debt
Current: 5
F-Score: 6
Z-Score: 3.48
M-Score: -3.17
GuruFocus Profitability Rank ranks how profitable a company is and how likely the companyย’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
ย•ย•3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rankย•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 8/10

vs
industry		 vs
history
Operating margin (%) 15.00
LTD's Operating margin (%) is ranked higher than
77% of the 493 Companies
in the Global Apparel Stores industry.

( Industry Median: 3.20 vs. LTD: 15.00 )
LTD' s 10-Year Operating margin (%) Range
Min: 6.5   Max: 15
Current: 15
6.5
15
Net-margin (%) 7.2
LTD's Net-margin (%) is ranked higher than
63% of the 493 Companies
in the Global Apparel Stores industry.

( Industry Median: 2.15 vs. LTD: 7.2 )
LTD' s 10-Year Net-margin (%) Range
Min: 2.4   Max: 22
Current: 7.2
2.4
22
ROA (%) 12.5
LTD's ROA (%) is ranked higher than
64% of the 493 Companies
in the Global Apparel Stores industry.

( Industry Median: 2.80 vs. LTD: 12.5 )
LTD' s 10-Year ROA (%) Range
Min: 3.2   Max: 45.1
Current: 12.5
3.2
45.1
ROC (Joel Greenblatt) (%) 92.70
LTD's ROC (Joel Greenblatt) (%) is ranked higher than
79% of the 493 Companies
in the Global Apparel Stores industry.

( Industry Median: 10.80 vs. LTD: 92.70 )
LTD' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: 24.9   Max: 92.7
Current: 92.7
24.9
92.7
Revenue Growth (%) 7.5
LTD's Revenue Growth (%) is ranked higher than
85% of the 493 Companies
in the Global Apparel Stores industry.

( Industry Median: 2.90 vs. LTD: 7.5 )
LTD' s 10-Year Revenue Growth (%) Range
Min: -8   Max: 11.8
Current: 7.5
-8
11.8
EBITDA Growth (%) 14.4
LTD's EBITDA Growth (%) is ranked higher than
91% of the 493 Companies
in the Global Apparel Stores industry.

( Industry Median: 6.10 vs. LTD: 14.4 )
LTD' s 10-Year EBITDA Growth (%) Range
Min: -5.2   Max: 17
Current: 14.4
-5.2
17
EPS Growth (%) 16.7
LTD's EPS Growth (%) is ranked higher than
96% of the 493 Companies
in the Global Apparel Stores industry.

( Industry Median: 11.65 vs. LTD: 16.7 )
LTD' s 10-Year EPS Growth (%) Range
Min: -26.9   Max: 42.8
Current: 16.7
-26.9
42.8
ยป LTD's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades
Q2 2012

LTD Guru Trades in Q2 2012

John Burbank 66,000 sh (New)
Steven Cohen 89,723 sh (+173.71%)
Manning & Napier Advisors, Inc 31,153 sh (+33.44%)
Chuck Royce 33,715 sh (+17.78%)
PRIMECAP Management 14,720,029 sh (+10.06%)
Murray Stahl 1,857,248 sh (+4.03%)
RS Investment Management 76,780 sh (+1.35%)
Joel Greenblatt Sold Out
Jeremy Grantham 156,963 sh (-5.19%)
Ray Dalio 116,373 sh (-5.6%)
Jim Simons 307,433 sh (-39.4%)
» More
Q3 2012

LTD Guru Trades in Q3 2012

Chuck Royce 38,915 sh (+15.42%)
Manning & Napier Advisors, Inc 31,758 sh (+1.94%)
Jim Simons Sold Out
PRIMECAP Management 14,469,029 sh (-1.71%)
RS Investment Management 73,080 sh (-4.82%)
Murray Stahl 1,760,783 sh (-5.19%)
Jeremy Grantham 142,963 sh (-8.92%)
John Burbank 52,000 sh (-21.21%)
Ray Dalio 79,226 sh (-31.92%)
Steven Cohen 26,744 sh (-70.19%)
» More
Q4 2012

LTD Guru Trades in Q4 2012

Steven Cohen 80,372 sh (+200.52%)
RS Investment Management 117,180 sh (+60.34%)
Ray Dalio 111,826 sh (+41.15%)
PRIMECAP Management 15,951,343 sh (+10.24%)
Manning & Napier Advisors, Inc 32,192 sh (+1.37%)
Jeremy Grantham 194,563 sh (unchged)
John Burbank Sold Out
Chuck Royce Sold Out
Murray Stahl 1,690,865 sh (-3.97%)
» More
Q1 2013

LTD Guru Trades in Q1 2013

James Barrow 2,175,300 sh (New)
Jim Simons 872,533 sh (New)
PRIMECAP Management 20,109,778 sh (+26.07%)
Steven Cohen Sold Out
RS Investment Management Sold Out
Manning & Napier Advisors, Inc Sold Out
Ray Dalio Sold Out
Jeremy Grantham Sold Out
Murray Stahl 1,690,560 sh (-0.02%)
» More
» Details

Insider Trades

Latest Guru Trades with LTD

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
PRIMECAP Management 2013-03-31 Add 26.07%0.27%$42.85 - $48.28 $ 50.2911%20109778
James Barrow 2013-03-31 New Buy0.17%$42.85 - $48.28 $ 50.2911%2175300
Ray Dalio 2013-03-31 Sold Out 0.05%$42.85 - $48.28 $ 50.2911%0
John Burbank 2012-12-31 Sold Out 0.12%$45.5 - $52.15 $ 50.293%0
PRIMECAP Management 2012-12-31 Add 10.24%0.11%$45.5 - $52.15 $ 50.293%15951343
Ray Dalio 2012-12-31 Add 41.15%0.02%$45.5 - $52.15 $ 50.293%111826
John Burbank 2012-09-30 Reduce -21.21%0.02%$43.06 - $51.75 $ 50.295%52000
Ray Dalio 2012-09-30 Reduce -31.92%0.02%$43.06 - $51.75 $ 50.295%79226
John Burbank 2012-06-30 New Buy0.1%$41.06 - $50.87 $ 50.299%66000
Joel Greenblatt 2012-06-30 Sold Out 0.02%$41.06 - $50.87 $ 50.299%0
Premium More recent guru trades are included for Premium Members only!!

Top Ranked Articles about L Brands Inc

Texas Superinvestor James Barrow's Three New Holdings
May 2, 2013
- Texas Superinvestor James Barrow's Three New Holdings
In the recent portfolio update of Guru James Barrow, Executive Director of Barrow, Hanley, Mewhinney & Strauss of Dallas, Texas, GuruFocus Real Time Picks shows three new holdings. Barrow lists 159 stocks with a total value of $5.55 billion and a quarter-over-quarter turnover of 6%. The firm manages more than $65 billion in assets. Read more...
Weekly Top Insider Buys: CVS, LTD, BBY, SFD, FNFG
October 8, 2012
According to GuruFocus Insider Data, these are the largest insider buys during the past week: CVS Caremark Corporation (CVS), Limited Brands Inc. (LTD), Best Buy Co. Inc. (BBY)., Smithfield Foods Inc. (SFD) and First Niagara Financial Group Inc. (FNFG). Read more...

Ratios

vs
industry		 vs
history
P/E(ttm) 19.80
LTD's P/E(ttm) is ranked higher than
70% of the 493 Companies
in the Global Apparel Stores industry.

( Industry Median: 18.51 vs. LTD: 19.80 )
LTD' s 10-Year P/E(ttm) Range
Min: 4.69   Max: 57.44
Current: 19.8
4.69
57.44
P/S 1.43
LTD's P/S is ranked lower than
82% of the 493 Companies
in the Global Apparel Stores industry.

( Industry Median: 0.50 vs. LTD: 1.43 )
LTD' s 10-Year P/S Range
Min: 0.23   Max: 1.55
Current: 1.43
0.23
1.55
PFCF 19.49
LTD's PFCF is ranked lower than
60% of the 493 Companies
in the Global Apparel Stores industry.

( Industry Median: 14.90 vs. LTD: 19.49 )
LTD' s 10-Year PFCF Range
Min: 4.04   Max: 483.17
Current: 19.49
4.04
483.17
EV-to-EBIT 11.61
LTD's EV-to-EBIT is ranked higher than
98% of the 493 Companies
in the Global Apparel Stores industry.

( Industry Median: 12.56 vs. LTD: 11.61 )
LTD' s 10-Year EV-to-EBIT Range
Min: 4.8   Max: 19.1
Current: 11.61
4.8
19.1
PEG 0.88
LTD's PEG is ranked higher than
93% of the 493 Companies
in the Global Apparel Stores industry.

( Industry Median: 0.87 vs. LTD: 0.88 )
LTD' s 10-Year PEG Range
Min: 0.36   Max: 168.25
Current: 0.88
0.36
168.25
Shiller P/E 24.71
LTD's Shiller P/E is ranked higher than
89% of the 493 Companies
in the Global Apparel Stores industry.

( Industry Median: 17.09 vs. LTD: 24.71 )
LTD' s 10-Year Shiller P/E Range
Min: 4.09   Max: 26.54
Current: 24.71
4.09
26.54

Dividend & Buy Back

vs
industry		 vs
history
Dividend Yield 2.09
LTD's Dividend Yield is ranked higher than
76% of the 493 Companies
in the Global Apparel Stores industry.

( Industry Median: 1.86 vs. LTD: 2.09 )
LTD' s 10-Year Dividend Yield Range
Min: 1.11   Max: 9.58
Current: 2.09
1.11
9.58
Dividend Payout 0.4
LTD's Dividend Payout is ranked higher than
70% of the 493 Companies
in the Global Apparel Stores industry.

( Industry Median: 0.69 vs. LTD: 0.4 )
LTD' s 10-Year Dividend Payout Range
Min: 0.06   Max: 0.92
Current: 0.4
0.06
0.92
Dividend growth (3y) 13.6
LTD's Dividend growth (3y) is ranked higher than
95% of the 493 Companies
in the Global Apparel Stores industry.

( Industry Median: -0.50 vs. LTD: 13.6 )
LTD' s 10-Year Dividend growth (3y) Range
Min: 0   Max: 18.9
Current: 13.6
0
18.9
Yield on cost (5-Year) 4.04
LTD's Yield on cost (5-Year) is ranked higher than
83% of the 493 Companies
in the Global Apparel Stores industry.

( Industry Median: 1.93 vs. LTD: 4.04 )
LTD' s 10-Year Yield on cost (5-Year) Range
Min: 2.14   Max: 18.45
Current: 4.04
2.14
18.45
Share Buyback Rate 2.4
LTD's Share Buyback Rate is ranked higher than
93% of the 493 Companies
in the Global Apparel Stores industry.

( Industry Median: -0.40 vs. LTD: 2.4 )
LTD' s 10-Year Share Buyback Rate Range
Min: 6.5   Max: -5
Current: 2.4

Valuation & Return

vs
industry		 vs
history
Price/Net Current Asset Value 22.9
LTD's Price/Net Current Asset Value is ranked higher than
90% of the 493 Companies
in the Global Apparel Stores industry.

( Industry Median: 5.70 vs. LTD: 22.9 )
LTD' s 10-Year Price/Net Current Asset Value Range
Min: 3.5   Max: 22.5
Current: 22.9
3.5
22.5
Price/DCF (Projected) 1.7
LTD's Price/DCF (Projected) is ranked higher than
96% of the 493 Companies
in the Global Apparel Stores industry.

( Industry Median: 1.00 vs. LTD: 1.7 )
LTD' s 10-Year Price/DCF (Projected) Range
Min: 0.3   Max: 1.9
Current: 1.7
0.3
1.9
Price/Median PS Value 1.4
LTD's Price/Median PS Value is ranked higher than
94% of the 493 Companies
in the Global Apparel Stores industry.

( Industry Median: 0.80 vs. LTD: 1.4 )
LTD' s 10-Year Price/Median PS Value Range
Min: 0.3   Max: 1.4
Current: 1.4
0.3
1.4
Price/Peter Lynch Fair Value 1.1
LTD's Price/Peter Lynch Fair Value is ranked lower than
77% of the 493 Companies
in the Global Apparel Stores industry.

( Industry Median: 1.20 vs. LTD: 1.1 )
LTD' s 10-Year Price/Peter Lynch Fair Value Range
Min: 0.7   Max: 1.8
Current: 1.1
0.7
1.8
Earnings Yield (Greenblatt) 8.60
LTD's Earnings Yield (Greenblatt) is ranked higher than
99% of the 493 Companies
in the Global Apparel Stores industry.

( Industry Median: 8.60 vs. LTD: 8.60 )
LTD' s 10-Year Earnings Yield (Greenblatt) Range
Min: 5.2   Max: 20.6
Current: 8.6
5.2
20.6
Forward Rate of Return (Yacktman) 20.85
LTD's Forward Rate of Return (Yacktman) is ranked higher than
81% of the 493 Companies
in the Global Apparel Stores industry.

( Industry Median: 10.22 vs. LTD: 20.85 )
LTD' s 10-Year Forward Rate of Return (Yacktman) Range
Min: 0.4   Max: 24.9
Current: 20.85
0.4
24.9

Business Description

Limited Brands, Inc. is incorporated in the state of Delaware which was founded in 1963. It operates as a specialty retailer of women's intimate and other apparel, beauty and personal care products and accessories under various trade names. The Company sells its merchandise through its retail stores in the United States and Canada, which are mainly mall-based, and through its websites and catalogues. The retail brands operated by the Company are: Victoria's Secret, Pink (Victoria's Secret), La Senza, Bath & Body Works. The Victoria's Secret segment sells women's intimate and other apparel, personal care and beauty products and accessories under the Victoria's Secret and La Senza brand names.Victoria's Secret lingerie and beauty stores, the catalogue and www.VictoriasSecret.com allow customers to shop the brand anywhere, anytime, from any place for glamorous and sexy products from lines such as Very Sexy, Body by Victoria, Angels by Victoria's Secret, VS Cotton, BioFit and Victoria's Secret Pink , and luxurious beauty products from lines such as Dream Angels, Victoria's Secret Pink, Beauty Rush and Very Sexy . Through its website and catalogue, certain of Victoria's Secret's merchandise might be purchased worldwide. La Senza products might also be purchased through its website, www.LaSenza.com. The Bath & Body Works segment sells personal care, beauty and home fragrance products under the Bath & Body Works, C.O. Bigelow and White Barn Candle Company brand names in addition to third-party brands. Bath & Body Works merchandise is sold through retail stores, its website, www.bathandbodyworks.com, and its catalogue. Other segment consists of Henri Bendel, operator of five specialty stores which feature accessories, fashion and personal care products; Bath & Body Works Canada, operator of six specialty stores which feature personal care, beauty and home fragrance products; Mast, an apparel merchandise sourcing and production company serving Victoria's Secret, La Senza and third-party customers; Beauty Avenues, a personal care sourcing and production company serving Victoria's Secret, La Senza and Bath & Body Works; and Corporate functions including non-core real estate, equity investments and other governance functions such as treasury and tax. It competes with numerous national and regional direct response merchandisers. The Company and its products are subject to regulation by various federal, state, local and international regulatory authorities. It is also subject to a variety of customs regulations and international trade arrangements.
Company Website
SEC Reports
Industry: Apparel Stores
Compare:IDEXY, ARO, TJX, FRCOF, ROST
Traded in other countries:LTD.Germany
ยป More Articles for LTD

Headlines

Articles On GuruFocus.com
Texas Superinvestor James Barrow's Three New Holdings May 02 2013 
My 3 Favorite Black Friday Profiteers to Buy Nov 23 2012 
Weekly Top Insider Buys: CVS, LTD, BBY, SFD, FNFG Oct 08 2012 
5 Cheap S&P 500 Stocks Mar 10 2012 
24 Stocks Growing Their Cash Dividends Feb 06 2012 
PRIMECAP Management Buys Charles Schwab and Ltd. Brands, Adds RIM Aug 12 2011 
Gordon Pape Updates on Shaw Communications, Fortress Paper, Limited Brands Inc., Johnson & Johnson Jul 03 2011 
Daily Dividend Roundup: LTD, MCRL, DEI, TCAP, GLDD, FRD May 31 2011 
Weekly CFO Sells Highlight: PAY, LPSN, SMOD, LTD, M, TPX, LVLT Apr 10 2011 
Ltd. Brands Inc. (LTD) CFO Stuart B Burgdoerfer sells 57,570 Shares Mar 01 2011 

More From Our Partners
UPDATE: Jefferies Downgrades L Brands, Stating 'Numbers at a Peak' May 17 2013 - BENZINGA

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