LIVE NATION ENTERTAINMENT IN (LYV)
US5380341090 - Common Stock
LYV gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 72 industry peers in the Entertainment industry. LYV has an average financial health and profitability rating. LYV is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year LYV was profitable.
LYV had a positive operating cash flow in the past year.
In multiple years LYV reported negative net income over the last 5 years.
Of the past 5 years LYV 4 years had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 1.17%, LYV is in the better half of the industry, outperforming 69.01% of the companies in the same industry.
LYV has a better Return On Equity (79.99%) than 98.59% of its industry peers.
LYV has a better Return On Invested Capital (10.18%) than 83.10% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.17% | ||
| ROE | 79.99% | ||
| ROIC | 10.18% |
ROA(3y)-0.7%
ROA(5y)-3.68%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
With a decent Profit Margin value of 0.99%, LYV is doing good in the industry, outperforming 69.01% of the companies in the same industry.
With a decent Operating Margin value of 5.39%, LYV is doing good in the industry, outperforming 70.42% of the companies in the same industry.
In the last couple of years the Operating Margin of LYV has grown nicely.
Looking at the Gross Margin, with a value of 24.87%, LYV is doing worse than 73.24% of the companies in the same industry.
In the last couple of years the Gross Margin of LYV has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 5.39% | ||
| PM (TTM) | 0.99% | ||
| GM | 24.87% |
OM growth 3YN/A
OM growth 5Y12.02%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-3.55%
GM growth 5Y-2.18%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so LYV is still creating some value.
The number of shares outstanding for LYV has been increased compared to 1 year ago.
LYV has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, LYV has an improved debt to assets ratio.
2.2 Solvency
LYV has an Altman-Z score of 2.25. This is not the best score and indicates that LYV is in the grey zone with still only limited risk for bankruptcy at the moment.
LYV has a better Altman-Z score (2.25) than 74.65% of its industry peers.
LYV has a debt to FCF ratio of 9.44. This is a negative value and a sign of low solvency as LYV would need 9.44 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 9.44, LYV is in the better half of the industry, outperforming 66.20% of the companies in the same industry.
A Debt/Equity ratio of 19.70 is on the high side and indicates that LYV has dependencies on debt financing.
The Debt to Equity ratio of LYV (19.70) is worse than 81.69% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 19.7 | ||
| Debt/FCF | 9.44 | ||
| Altman-Z | 2.25 |
ROIC/WACC1.33
WACC7.66%
2.3 Liquidity
A Current Ratio of 1.01 indicates that LYV should not have too much problems paying its short term obligations.
LYV has a Current ratio (1.01) which is comparable to the rest of the industry.
A Quick Ratio of 1.01 indicates that LYV should not have too much problems paying its short term obligations.
With a Quick ratio value of 1.01, LYV perfoms like the industry average, outperforming 52.11% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.01 | ||
| Quick Ratio | 1.01 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 64.56% over the past year.
The Revenue has grown by 9.95% in the past year. This is quite good.
LYV shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 16.09% yearly.
EPS 1Y (TTM)64.56%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-14.36%
Revenue 1Y (TTM)9.95%
Revenue growth 3Y130.36%
Revenue growth 5Y16.09%
Sales Q2Q%-6.14%
3.2 Future
LYV is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 37.26% yearly.
LYV is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 7.93% yearly.
EPS Next Y-1.35%
EPS Next 2Y37.28%
EPS Next 3Y30.34%
EPS Next 5Y37.26%
Revenue Next Year9.01%
Revenue Next 2Y10.93%
Revenue Next 3Y10.22%
Revenue Next 5Y7.93%
3.3 Evolution
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 105.01, the valuation of LYV can be described as expensive.
63.38% of the companies in the same industry are more expensive than LYV, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 28.65. LYV is valued rather expensively when compared to this.
The Price/Forward Earnings ratio is 55.72, which means the current valuation is very expensive for LYV.
LYV's Price/Forward Earnings is on the same level as the industry average.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.56, LYV is valued quite expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 105.01 | ||
| Fwd PE | 55.72 |
4.2 Price Multiples
LYV's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. LYV is cheaper than 61.97% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of LYV indicates a somewhat cheap valuation: LYV is cheaper than 67.61% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 47.89 | ||
| EV/EBITDA | 18.06 |
4.3 Compensation for Growth
LYV's earnings are expected to grow with 30.34% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y37.28%
EPS Next 3Y30.34%
5. Dividend
5.1 Amount
No dividends for LYV!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
LIVE NATION ENTERTAINMENT IN
NYSE:LYV (11/20/2024, 8:04:00 PM)
Premarket: 135.9 -0.61 (-0.45%)136.51
+2.07 (+1.54%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryEntertainment
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap31.72B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
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EPS beat(8)
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EPS beat(12)
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EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
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Revenue beat(4)
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Revenue beat(8)
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Revenue beat(12)
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Revenue beat(16)
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PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 105.01 | ||
| Fwd PE | 55.72 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.17% | ||
| ROE | 79.99% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 5.39% | ||
| PM (TTM) | 0.99% | ||
| GM | 24.87% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover1.18
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 19.7 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.01 | ||
| Quick Ratio | 1.01 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
High Growth Momentum
Growth
EPS 1Y (TTM)64.56%
EPS 3YN/A
EPS 5Y
EPS Q2Q%
EPS Next Y-1.35%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)9.95%
Revenue growth 3Y130.36%
Revenue growth 5Y
Sales Q2Q%
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y