Liquidity Services: Waiting For One More Dip

Core Viewpoint - The analysis of Liquidity Services (LQDT) hinges on the perceived quality of the business, with financial multiples indicating a valuation of approximately 14x Adjusted EBITDA and around 22x adjusted earnings for FY25, which ends in September [1]. Financial Metrics - LQDT is trading at about 14 times its Adjusted EBITDA for FY25 [1]. - The adjusted earnings multiple stands at approximately 22 times for the same fiscal year [1].