LIVE NATION ENTERTAINMENT, INC. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 99.43 USD | +2.94% |
|
+4.02% | +6.23% |
| May. 15 | Uber to Launch Shuttle Service in US, Expands Partnership With Costco | MT |
| May. 09 | Redburn Atlantic Upgrades Live Nation Entertainment to Buy From Neural, Adjusts PT to $115 From $114 | MT |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 15,061 | 15,682 | 26,363 | 15,781 | 21,365 | 22,191 | - | - |
| Enterprise Value (EV) 1 | 15,899 | 18,053 | 27,209 | 16,078 | 21,727 | 22,075 | 21,189 | 21,255 |
| P/E ratio | -3,574 x | -9.05 x | -38.7 x | 109 x | 68.3 x | 63.7 x | 38.7 x | 30.8 x |
| Yield | - | - | - | - | - | - | - | - |
| Capitalization / Revenue | 1.3 x | 8.43 x | 4.21 x | 0.95 x | 0.94 x | 0.89 x | 0.82 x | 0.76 x |
| EV / Revenue | 1.38 x | 9.7 x | 4.34 x | 0.96 x | 0.96 x | 0.89 x | 0.78 x | 0.73 x |
| EV / EBITDA | 16.9 x | -17.8 x | 84 x | 11.4 x | 11.7 x | 10.4 x | 9.04 x | 8.15 x |
| EV / FCF | 31.8 x | -13.9 x | -239 x | 16.6 x | 18.7 x | 19.6 x | 15.3 x | 13.7 x |
| FCF Yield | 3.14% | -7.19% | -0.42% | 6.01% | 5.34% | 5.1% | 6.52% | 7.31% |
| Price to Book | 13.1 x | -33.1 x | -44.6 x | -42.7 x | - | 25.9 x | 12.1 x | 7.99 x |
| Nbr of stocks (in thousands) | 210,727 | 213,417 | 220,260 | 226,277 | 228,262 | 229,744 | - | - |
| Reference price 2 | 71.47 | 73.48 | 119.7 | 69.74 | 93.60 | 96.59 | 96.59 | 96.59 |
| 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 | 24,827 | 27,076 | 29,076 |
| EBITDA 1 | 942.5 | -1,016 | 323.9 | 1,407 | 1,862 | 2,113 | 2,343 | 2,607 |
| EBIT 1 | 324.8 | -1,653 | -417.9 | 732.1 | 1,066 | 1,068 | 1,434 | 1,693 |
| Operating Margin | 2.81% | -88.83% | -6.67% | 4.39% | 4.69% | 4.3% | 5.29% | 5.82% |
| Earnings before Tax (EBT) 1 | 185.1 | -1,857 | -611.3 | 505.4 | 894.5 | 1,020 | 1,305 | 1,580 |
| Net income 1 | -4.882 | -1,723 | -650.9 | 296 | 563.3 | 673.3 | 858.8 | 909.5 |
| Net margin | -0.04% | -92.59% | -10.38% | 1.77% | 2.48% | 2.71% | 3.17% | 3.13% |
| EPS 2 | -0.0200 | -8.120 | -3.090 | 0.6400 | 1.370 | 1.516 | 2.497 | 3.139 |
| Free Cash Flow 1 | 499.3 | -1,297 | -113.9 | 966.6 | 1,159 | 1,126 | 1,382 | 1,554 |
| FCF margin | 4.32% | -69.69% | -1.82% | 5.79% | 5.1% | 4.54% | 5.11% | 5.34% |
| FCF Conversion (EBITDA) | 52.98% | - | - | 68.69% | 62.25% | 53.28% | 58.99% | 59.6% |
| FCF Conversion (Net income) | - | - | - | 326.57% | 205.81% | 167.22% | 160.97% | 170.84% |
| 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 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 | 2025 Q2 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 2,703 | 1,803 | 4,434 | 6,154 | 4,291 | 3,127 | 5,631 | 8,152 | 5,839 | 3,800 | 6,172 | 8,784 | 6,199 | 4,231 | 6,717 |
| EBITDA 1 | 160.2 | 209 | 479.6 | 620.7 | 97.8 | 319.7 | 589.7 | 836.1 | 116.9 | 367.4 | 669.8 | 943.9 | 138.4 | 343.9 | 757.9 |
| EBIT 1 | -124.5 | 27.06 | 318.7 | 506.2 | -119.9 | 142.8 | 386.4 | 618.5 | -81.5 | -36.51 | 455.3 | 719.4 | -87.22 | 193.4 | 575.6 |
| Operating Margin | -4.61% | 1.5% | 7.19% | 8.23% | -2.79% | 4.57% | 6.86% | 7.59% | -1.4% | -0.96% | 7.38% | 8.19% | -1.41% | 4.57% | 8.57% |
| Earnings before Tax (EBT) 1 | -180 | -37.26 | 260.4 | 439.3 | -157 | 68.03 | 373 | 596.6 | -143 | 3.197 | 425.2 | 687.2 | -150.9 | 144.6 | 521.5 |
| Net income 1 | -194.9 | -50.18 | 155.2 | 331.5 | -140.6 | -3.169 | 293.7 | 483.5 | -210.7 | -46.73 | 328.5 | 553.1 | -198.4 | - | - |
| Net margin | -7.21% | -2.78% | 3.5% | 5.39% | -3.28% | -0.1% | 5.22% | 5.93% | -3.61% | -1.23% | 5.32% | 6.3% | -3.2% | - | - |
| EPS 2 | -0.9600 | -0.3900 | 0.6600 | 1.390 | -1.020 | -0.2500 | 1.020 | 1.780 | -1.024 | -0.5300 | 1.097 | 1.967 | -1.165 | 0.1446 | 1.259 |
| Dividend per Share 2 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 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 | 5/2/24 | - | - | - | - | - |
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 | - | - | - | - | - | 116 | 1,002 | 936 |
| 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 | 1,126 | 1,382 | 1,554 |
| ROE (net income / shareholders' equity) | -0.44% | -511% | -242% | - | - | 128% | 65% | 43.2% |
| ROA (Net income/ Total Assets) | -0.05% | -16% | -5.21% | 1.92% | 3.17% | 2.28% | 3.34% | 4.34% |
| Assets 1 | 9,745 | 10,782 | 12,496 | 15,431 | 17,767 | 29,556 | 25,695 | 20,980 |
| Book Value Per Share 2 | 5.450 | -2.220 | -2.680 | -1.640 | - | 3.740 | 8.010 | 12.10 |
| Cash Flow per Share 2 | 3.610 | -5.480 | 0.0300 | 5.160 | 6.630 | 7.040 | 8.050 | 9.160 |
| Capex 1 | 324 | 214 | 153 | 347 | 439 | 610 | 628 | 667 |
| Capex / Sales | 2.8% | 11.48% | 2.44% | 2.08% | 1.93% | 2.46% | 2.32% | 2.29% |
| 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
96.59
USD
Average target price
118.7
USD
Spread / Average Target
+22.89%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +6.23% | 22.19B | |
| +7.40% | 3.8B | |
| +17.46% | 1.78B |
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- Financials Live Nation Entertainment, Inc.
