LIVE NATION ENTERTAINMENT IN (LYV) Stock Fundamental Analysis
NYSE:LYV - New York Stock Exchange, Inc. - US5380341090 - Common Stock - Currency: USD
LYV gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 71 industry peers in the Entertainment industry. LYV has only an average score on both its financial health and profitability. LYV has a expensive valuation and it also scores bad on growth.
1. Profitability
1.1 Basic Checks
LYV had positive earnings in the past year.
LYV had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: LYV reported negative net income in multiple years.
In multiple years LYV reported negative operating cash flow during the last 5 years.
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 69.70% of the companies in the same industry.
The Return On Equity of LYV (79.99%) is better than 95.45% of its industry peers.
LYV has a better Return On Invested Capital (10.18%) than 81.82% 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
LYV's Profit Margin of 0.99% is fine compared to the rest of the industry. LYV outperforms 68.18% of its industry peers.
LYV has a Operating Margin of 5.39%. This is in the better half of the industry: LYV outperforms 69.70% of its industry peers.
LYV's Operating Margin has improved in the last couple of years.
LYV's Gross Margin of 24.87% is on the low side compared to the rest of the industry. LYV is outperformed by 75.76% of its industry peers.
LYV's Gross Margin has declined in the last couple of years.
| 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.
LYV has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
An Altman-Z score of 2.36 indicates that LYV is not a great score, but indicates only limited risk for bankruptcy at the moment.
LYV has a better Altman-Z score (2.36) than 72.73% of its industry peers.
The Debt to FCF ratio of LYV is 9.44, which is on the high side as it means it would take LYV, 9.44 years of fcf income to pay off all of its debts.
With a decent Debt to FCF ratio value of 9.44, LYV is doing good in the industry, outperforming 63.64% 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.
LYV has a Debt to Equity ratio of 19.70. This is amonst the worse of the industry: LYV underperforms 81.82% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 19.7 | ||
| Debt/FCF | 9.44 | ||
| Altman-Z | 2.36 |
ROIC/WACC1.31
WACC7.79%
2.3 Liquidity
A Current Ratio of 1.01 indicates that LYV should not have too much problems paying its short term obligations.
With a Current ratio value of 1.01, LYV perfoms like the industry average, outperforming 51.52% of the companies in the same industry.
A Quick Ratio of 1.01 indicates that LYV should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.01, LYV is in line with its industry, outperforming 51.52% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.01 | ||
| Quick Ratio | 1.01 |
3. Growth
3.1 Past
LYV shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 109.23%, which is quite impressive.
EPS 1Y (TTM)109.23%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%144.8%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%-2.69%
3.2 Future
Based on estimates for the next years, LYV will show a quite strong growth in Earnings Per Share. The EPS will grow by 16.73% on average per year.
Based on estimates for the next years, LYV will show a quite strong growth in Revenue. The Revenue will grow by 10.97% on average per year.
EPS Next Y-2.58%
EPS Next 2Y7.45%
EPS Next 3Y15.87%
EPS Next 5Y16.73%
Revenue Next Year15.16%
Revenue Next 2Y11.75%
Revenue Next 3Y10.73%
Revenue Next 5Y10.97%
3.3 Evolution
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 54.93, the valuation of LYV can be described as expensive.
Based on the Price/Earnings ratio, LYV is valued a bit cheaper than 65.15% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 29.63, LYV is valued quite expensively.
Based on the Price/Forward Earnings ratio of 56.38, the valuation of LYV can be described as expensive.
62.12% of the companies in the same industry are more expensive than LYV, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.68, LYV is valued quite expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 54.93 | ||
| Fwd PE | 56.38 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as LYV.
Based on the Price/Free Cash Flow ratio, LYV is valued a bit cheaper than 63.64% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 52.41 | ||
| EV/EBITDA | 20.11 |
4.3 Compensation for Growth
A more expensive valuation may be justified as LYV's earnings are expected to grow with 15.87% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y7.45%
EPS Next 3Y15.87%
5. Dividend
5.1 Amount
LYV does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
149.4
-2.92 (-1.92%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryEntertainment
Earnings (Last)
Earnings (Next)
Inst Owners74.64%
Inst Owner Change-0.89%
Ins Owners2.19%
Ins Owner Change1.41%
Market Cap34.71B
Analysts80.77
Price Target153.22 (2.56%)
Short Float %8.28%
Short Ratio6.48
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-0.89%
Min EPS beat(2)-4.86%
Max EPS beat(2)3.09%
EPS beat(4)1
Avg EPS beat(4)-47.81%
Min EPS beat(4)-170.23%
Max EPS beat(4)3.09%
EPS beat(8)5
Avg EPS beat(8)-5.46%
EPS beat(12)8
Avg EPS beat(12)0.85%
EPS beat(16)12
Avg EPS beat(16)33.15%
Revenue beat(2)0
Avg Revenue beat(2)-1.6%
Min Revenue beat(2)-2.28%
Max Revenue beat(2)-0.91%
Revenue beat(4)2
Avg Revenue beat(4)8.22%
Min Revenue beat(4)-2.28%
Max Revenue beat(4)20.64%
Revenue beat(8)6
Avg Revenue beat(8)14.43%
Revenue beat(12)9
Avg Revenue beat(12)14.29%
Revenue beat(16)12
Avg Revenue beat(16)13.34%
PT rev (1m)0.34%
PT rev (3m)20.12%
EPS NQ rev (1m)-6%
EPS NQ rev (3m)6.71%
EPS NY rev (1m)-2.86%
EPS NY rev (3m)-13.11%
Revenue NQ rev (1m)-1.45%
Revenue NQ rev (3m)-10.09%
Revenue NY rev (1m)-0.24%
Revenue NY rev (3m)-2.13%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 54.93 | ||
| Fwd PE | 56.38 | ||
| P/S | 1.49 | ||
| P/FCF | 52.41 | ||
| P/OCF | 26.78 | ||
| P/B | 120.55 | ||
| P/tB | N/A | ||
| EV/EBITDA | 20.11 |
EPS(TTM)2.72
EY1.82%
EPS(NY)2.65
Fwd EY1.77%
FCF(TTM)2.85
FCFY1.91%
OCF(TTM)5.58
OCFY3.73%
SpS100.34
BVpS1.24
TBVpS-16.4
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.17% | ||
| ROE | 79.99% | ||
| ROCE | 12.48% | ||
| ROIC | 10.18% | ||
| ROICexc | 22.39% | ||
| ROICexgc | 214.27% | ||
| OM | 5.39% | ||
| PM (TTM) | 0.99% | ||
| GM | 24.87% | ||
| FCFM | 2.84% |
ROA(3y)-0.7%
ROA(5y)-3.68%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5Y25.11%
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%
F-Score5
Asset Turnover1.18
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 19.7 | ||
| Debt/FCF | 9.44 | ||
| Debt/EBITDA | 3.15 | ||
| Cap/Depr | 117% | ||
| Cap/Sales | 2.72% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 72.08% | ||
| Profit Quality | 287.56% | ||
| Current Ratio | 1.01 | ||
| Quick Ratio | 1.01 | ||
| Altman-Z | 2.36 |
F-Score5
WACC7.79%
ROIC/WACC1.31
Cap/Depr(3y)69.62%
Cap/Depr(5y)67.43%
Cap/Sales(3y)2.25%
Cap/Sales(5y)4.38%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)109.23%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%144.8%
EPS Next Y-2.58%
EPS Next 2Y7.45%
EPS Next 3Y15.87%
EPS Next 5Y16.73%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%-2.69%
Revenue Next Year15.16%
Revenue Next 2Y11.75%
Revenue Next 3Y10.73%
Revenue Next 5Y10.97%
EBIT growth 1Y19.05%
EBIT growth 3YN/A
EBIT growth 5Y30.04%
EBIT Next Year99.07%
EBIT Next 3Y35.65%
EBIT Next 5Y25.77%
FCF growth 1Y-53.21%
FCF growth 3YN/A
FCF growth 5Y6.1%
OCF growth 1Y-23.04%
OCF growth 3YN/A
OCF growth 5Y7.8%