LIVE NATION ENTERTAINMENT, INC. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 89.83 USD | +1.51% |
|
-0.14% | -4.03% |
| Apr. 25 | Live Nation Strong Financial Visibility Overshadowed by DOJ Probe, Oppenheimer Says | MT |
| Apr. 25 | 'Taylor Swift Act' and other efforts target sky-high concert ticket prices | RE |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 15,061 | 15,682 | 26,363 | 15,781 | 21,365 | 20,609 | - | - |
| Enterprise Value (EV) 1 | 15,899 | 18,053 | 27,209 | 16,078 | 21,727 | 20,108 | 19,441 | 19,639 |
| P/E ratio | -3,574 x | -9.05 x | -38.7 x | 109 x | 68.3 x | 46.3 x | 37.5 x | 29.7 x |
| Yield | - | - | - | - | - | - | - | - |
| Capitalization / Revenue | 1.3 x | 8.43 x | 4.21 x | 0.95 x | 0.94 x | 0.84 x | 0.78 x | 0.73 x |
| EV / Revenue | 1.38 x | 9.7 x | 4.34 x | 0.96 x | 0.96 x | 0.82 x | 0.73 x | 0.69 x |
| EV / EBITDA | 16.9 x | -17.8 x | 84 x | 11.4 x | 11.7 x | 9.75 x | 8.43 x | 7.65 x |
| EV / FCF | 31.8 x | -13.9 x | -239 x | 16.6 x | 18.7 x | 16.4 x | 14.2 x | 13 x |
| FCF Yield | 3.14% | -7.19% | -0.42% | 6.01% | 5.34% | 6.11% | 7.02% | 7.67% |
| Price to Book | 13.1 x | -33.1 x | -44.6 x | -42.7 x | - | 26.6 x | 11.7 x | 7.89 x |
| Nbr of stocks (in thousands) | 210,727 | 213,417 | 220,260 | 226,277 | 228,262 | 229,421 | - | - |
| Reference price 2 | 71.47 | 73.48 | 119.7 | 69.74 | 93.60 | 89.83 | 89.83 | 89.83 |
| Announcement Date | 2/27/20 | 2/25/21 | 2/23/22 | 2/23/23 | 2/22/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 11,548 | 1,861 | 6,268 | 16,681 | 22,749 | 24,425 | 26,462 | 28,423 |
| EBITDA 1 | 942.5 | -1,016 | 323.9 | 1,407 | 1,862 | 2,062 | 2,307 | 2,566 |
| EBIT 1 | 324.8 | -1,653 | -417.9 | 732.1 | 1,066 | 1,245 | 1,435 | 1,696 |
| Operating Margin | 2.81% | -88.83% | -6.67% | 4.39% | 4.69% | 5.1% | 5.42% | 5.97% |
| Earnings before Tax (EBT) 1 | 185.1 | -1,857 | -611.3 | 505.4 | 894.5 | 1,068 | 1,255 | 1,527 |
| Net income 1 | -4.882 | -1,723 | -650.9 | 296 | 563.3 | 703.9 | 787.5 | 901.4 |
| Net margin | -0.04% | -92.59% | -10.38% | 1.77% | 2.48% | 2.88% | 2.98% | 3.17% |
| EPS 2 | -0.0200 | -8.120 | -3.090 | 0.6400 | 1.370 | 1.939 | 2.398 | 3.026 |
| Free Cash Flow 1 | 499.3 | -1,297 | -113.9 | 966.6 | 1,159 | 1,229 | 1,365 | 1,506 |
| FCF margin | 4.32% | -69.69% | -1.82% | 5.79% | 5.1% | 5.03% | 5.16% | 5.3% |
| FCF Conversion (EBITDA) | 52.98% | - | - | 68.69% | 62.25% | 59.6% | 59.16% | 58.68% |
| FCF Conversion (Net income) | - | - | - | 326.57% | 205.81% | 174.64% | 173.32% | 167.07% |
| Dividend per Share 2 | - | - | - | - | - | - | - | - |
| Announcement Date | 2/27/20 | 2/25/21 | 2/23/22 | 2/23/23 | 2/22/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q3 | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 2,699 | 2,703 | 1,803 | 4,434 | 6,154 | 4,291 | 3,127 | 5,631 | 8,152 | 5,839 | 3,284 | 6,142 | 8,933 | 6,117 | 3,305 |
| EBITDA 1 | 305.7 | 160.2 | 209 | 479.6 | 620.7 | 97.8 | 319.7 | 589.7 | 836.1 | 116.9 | 320.3 | 666.1 | 932.7 | 151.2 | 360.4 |
| EBIT 1 | 137.1 | -124.5 | 27.06 | 318.7 | 506.2 | -119.9 | 142.8 | 386.4 | 618.5 | -81.5 | 120.2 | 456 | 723.8 | -83.75 | 178.7 |
| Operating Margin | 5.08% | -4.61% | 1.5% | 7.19% | 8.23% | -2.79% | 4.57% | 6.86% | 7.59% | -1.4% | 3.66% | 7.42% | 8.1% | -1.37% | 5.4% |
| Earnings before Tax (EBT) 1 | 93.29 | -180 | -37.26 | 260.4 | 439.3 | -157 | 68.03 | 373 | 596.6 | -143 | 68.59 | 423.1 | 683.3 | -133.6 | 104.3 |
| Net income 1 | 42.63 | -194.9 | -50.18 | 155.2 | 331.5 | -140.6 | -3.169 | 293.7 | 483.5 | -210.7 | 18.26 | 311.1 | 533.6 | -173.6 | - |
| Net margin | 1.58% | -7.21% | -2.78% | 3.5% | 5.39% | -3.28% | -0.1% | 5.22% | 5.93% | -3.61% | 0.56% | 5.06% | 5.97% | -2.84% | - |
| EPS 2 | 0.1900 | -0.9600 | -0.3900 | 0.6600 | 1.390 | -1.020 | -0.2500 | 1.020 | 1.780 | -1.024 | -0.1793 | 1.115 | 1.985 | -1.094 | -0.1417 |
| Dividend per Share 2 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 11/4/21 | 2/23/22 | 5/5/22 | 8/4/22 | 11/3/22 | 2/23/23 | 5/4/23 | 7/27/23 | 11/2/23 | 2/22/24 | - | - | - | - | - |
1USD in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 839 | 2,371 | 846 | 297 | 362 | - | - | - |
| Net Cash position 1 | - | - | - | - | - | 501 | 1,168 | 970 |
| Leverage (Debt/EBITDA) | 0.8899 x | -2.334 x | 2.612 x | 0.2111 x | 0.1941 x | - | - | - |
| Free Cash Flow 1 | 499 | -1,297 | -114 | 967 | 1,159 | 1,229 | 1,365 | 1,506 |
| ROE (net income / shareholders' equity) | -0.44% | -511% | -242% | - | - | 120% | 54.8% | 40.7% |
| ROA (Net income/ Total Assets) | -0.05% | -16% | -5.21% | 1.92% | 3.17% | 3.5% | 3.93% | 5.13% |
| Assets 1 | 9,745 | 10,782 | 12,496 | 15,431 | 17,767 | 20,126 | 20,046 | 17,560 |
| Book Value Per Share 2 | 5.450 | -2.220 | -2.680 | -1.640 | - | 3.370 | 7.710 | 11.40 |
| Cash Flow per Share 2 | 3.610 | -5.480 | 0.0300 | 5.160 | 6.630 | 6.250 | 7.440 | 8.560 |
| Capex 1 | 324 | 214 | 153 | 347 | 439 | 543 | 568 | 607 |
| Capex / Sales | 2.8% | 11.48% | 2.44% | 2.08% | 1.93% | 2.22% | 2.15% | 2.14% |
| Announcement Date | 2/27/20 | 2/25/21 | 2/23/22 | 2/23/23 | 2/22/24 | - | - | - |
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
D+
Sell
Buy
Mean consensus
BUY
Number of Analysts
21
Last Close Price
89.83
USD
Average target price
117.7
USD
Spread / Average Target
+31.07%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -4.03% | 20.61B | |
| +4.96% | 3.75B | |
| +24.00% | 1.89B |
- Stock Market
- Equities
- LYV Stock
- Financials Live Nation Entertainment, Inc.
