SPHERE ENTERTAINMENT CO. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 36.04 USD | -3.64% |
|
-8.20% | +6.12% |
| May. 13 | Sphere Entertainment Closes Holoplot Acquisition | MT |
| May. 10 | Transcript : Sphere Entertainment Co., Q3 2024 Earnings Call, May 10, 2024 |
Valuation
| Fiscal Period: June | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Capitalization 1 | 1,801 | 2,028 | 1,800 | 946.6 | 1,273 | - | - |
| Enterprise Value (EV) 1 | 928.4 | 1,520 | 2,697 | 1,718 | 2,051 | 2,081 | 2,078 |
| P/E ratio | - | -4.83 x | -9.12 x | 1.9 x | -7.16 x | -8.08 x | -7.79 x |
| Yield | - | - | - | - | - | - | - |
| Capitalization / Revenue | 2.36 x | 11.2 x | 1.04 x | 1.65 x | 1.24 x | 1.08 x | 1.01 x |
| EV / Revenue | 1.22 x | 8.42 x | 1.56 x | 2.99 x | 1.99 x | 1.76 x | 1.66 x |
| EV / EBITDA | -10.9 x | -5.61 x | 20.2 x | -14 x | 29.2 x | 13.8 x | 10.3 x |
| EV / FCF | -2.61 x | -2.05 x | -4.38 x | -1.9 x | -7.5 x | 20.5 x | 13.9 x |
| FCF Yield | -38.4% | -48.8% | -22.8% | -52.7% | -13.3% | 4.89% | 7.17% |
| Price to Book | 0.63 x | 0.83 x | 0.92 x | 0.37 x | 0.54 x | 0.59 x | 0.65 x |
| Nbr of stocks (in thousands) | 24,019 | 24,148 | 34,213 | 34,559 | 35,328 | - | - |
| Reference price 2 | 75.00 | 83.97 | 52.62 | 27.39 | 36.04 | 36.04 | 36.04 |
| Announcement Date | 8/14/20 | 8/23/21 | 8/19/22 | 8/22/23 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: June | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 1,049 | 762.9 | 180.4 | 1,725 | 573.8 | 1,029 | 1,181 | 1,255 |
| EBITDA 1 | - | -85.46 | -271 | 133.6 | -122.5 | 70.18 | 151.3 | 201.7 |
| EBIT 1 | - | -190.4 | -450.2 | -102.7 | -273 | -266.6 | -133.1 | -149.8 |
| Operating Margin | - | -24.95% | -249.56% | -5.95% | -47.58% | -25.91% | -11.27% | -11.93% |
| Earnings before Tax (EBT) 1 | - | - | -439.8 | -215.9 | 275.4 | -315.3 | -233.2 | -246.7 |
| Net income 1 | -17.89 | 17.23 | -412.1 | -194.4 | 502.8 | -188.7 | -184.6 | -202.7 |
| Net margin | -1.71% | 2.26% | -228.43% | -11.27% | 87.62% | -18.34% | -15.63% | -16.15% |
| EPS 2 | - | - | -17.39 | -5.770 | 14.40 | -5.031 | -4.460 | -4.629 |
| Free Cash Flow 1 | - | -356.4 | -741.6 | -615.4 | -905.4 | -273.3 | 101.8 | 149 |
| FCF margin | - | -46.71% | -411.1% | -35.68% | -157.78% | -26.56% | 8.61% | 11.87% |
| FCF Conversion (EBITDA) | - | - | - | - | - | - | 67.26% | 73.87% |
| FCF Conversion (Net income) | - | - | - | - | - | - | - | - |
| Dividend per Share 2 | - | - | - | - | - | - | - | - |
| Announcement Date | 12/3/19 | 8/14/20 | 8/23/21 | 8/19/22 | 8/22/23 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: June | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 | 2025 Q2 | 2025 Q3 | 2025 Q4 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 516.4 | 460.1 | 453.5 | 401.2 | 642.2 | 363.3 | 129.1 | 118 | 314.2 | 321.3 | 274.2 | 217.7 | 296.9 | 305.4 | 274.2 |
| EBITDA 1 | 57.9 | 40.05 | 0.714 | 2.779 | 110.8 | 19.43 | -59.83 | -57.88 | 51.43 | 61.52 | 17.45 | -0.7 | 22.6 | 50.9 | 25.5 |
| EBIT 1 | 35.35 | 2.043 | -56.75 | -44.85 | 73.95 | -70.26 | -70.34 | -69.79 | -159.7 | -40.39 | -34.83 | -96.58 | -52.03 | -54.84 | -85.18 |
| Operating Margin | 6.84% | 0.44% | -12.51% | -11.18% | 11.52% | -19.34% | -54.49% | -59.14% | -50.83% | -12.57% | -12.7% | -44.36% | -17.53% | -17.95% | -31.07% |
| Earnings before Tax (EBT) 1 | 9.082 | -12.99 | -116.5 | -41.54 | 72.09 | -62.63 | 474.7 | -23.22 | -180.7 | -63.11 | -77.7 | -103.6 | -57.52 | -58.61 | -94.39 |
| Net income 1 | 2.271 | -17.49 | -99.94 | -44.76 | 67.58 | -56.85 | 536.8 | 66.42 | -173.2 | -47.24 | -47.56 | -88.07 | -48.89 | -49.81 | -80.23 |
| Net margin | 0.44% | -3.8% | -22.04% | -11.16% | 10.52% | -15.65% | 415.8% | 56.29% | -55.15% | -14.7% | -17.34% | -40.46% | -16.47% | -16.31% | -29.26% |
| EPS 2 | 0.0700 | -0.5100 | -3.000 | -1.300 | 1.950 | -1.640 | 15.24 | 1.890 | -4.910 | -1.330 | -1.507 | -1.683 | -0.8102 | -0.4882 | -1.163 |
| Dividend per Share 2 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 2/9/22 | 5/9/22 | 8/19/22 | 11/9/22 | 2/9/23 | 5/10/23 | 8/22/23 | 11/8/23 | 2/5/24 | 5/10/24 | - | - | - | - | - |
1USD in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: June | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | 897 | 772 | 778 | 808 | 805 |
| Net Cash position 1 | - | 873 | 508 | - | - | - | - | - |
| Leverage (Debt/EBITDA) | - | - | - | 6.717 x | -6.299 x | 11.08 x | 5.341 x | 3.992 x |
| Free Cash Flow 1 | - | -356 | -742 | -615 | -905 | -273 | 102 | 149 |
| ROE (net income / shareholders' equity) | - | -4.19% | -14.7% | -4.65% | 22.1% | -9.21% | -12.4% | -11.7% |
| ROA (Net income/ Total Assets) | - | - | -9.72% | -1.78% | 9.58% | -4.32% | -6.43% | -7.02% |
| Assets 1 | - | - | 4,241 | 10,933 | 5,248 | 4,367 | 2,869 | 2,890 |
| Book Value Per Share 2 | - | 118.0 | 101.0 | 57.30 | 74.50 | 67.30 | 60.60 | 55.80 |
| Cash Flow per Share 2 | - | 4.000 | -12.00 | 4.130 | - | 0.5500 | 1.830 | 2.510 |
| Capex 1 | - | 452 | 452 | 757 | 1,059 | 264 | 52 | 49 |
| Capex / Sales | - | 59.3% | 250.64% | 43.88% | 184.55% | 25.65% | 4.4% | 3.9% |
| Announcement Date | 12/3/19 | 8/14/20 | 8/23/21 | 8/19/22 | 8/22/23 | - | - | - |
1USD in Million2USD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
C-
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
7
Last Close Price
36.04
USD
Average target price
41.6
USD
Spread / Average Target
+15.43%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +6.12% | 1.27B | |
| +9.02% | 18.32B | |
| -10.48% | 16.59B | |
| +29.14% | 8.5B | |
| +4.26% | 7B | |
| +15.39% | 3.16B | |
| -9.97% | 3.15B | |
| -36.87% | 3.14B | |
| +14.39% | 2.7B | |
| -2.20% | 2.4B |
- Stock Market
- Equities
- SPHR Stock
- Financials Sphere Entertainment Co.
