LIVE NATION ENTERTAINMENT IN (LYV)
US5380341090 - Common Stock
We assign a fundamental rating of 4 out of 10 to LYV. LYV was compared to 72 industry peers in the Entertainment industry. Both the profitability and the financial health of LYV get a neutral evaluation. Nothing too spectacular is happening here. LYV is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
LYV had positive earnings in the past year.
In the past year LYV had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: LYV reported negative net income in multiple years.
LYV had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
LYV has a Return On Assets of 1.17%. This is in the better half of the industry: LYV outperforms 67.61% of its industry peers.
LYV's Return On Equity of 79.99% is amongst the best of the industry. LYV outperforms 97.18% of its industry peers.
The Return On Invested Capital of LYV (10.18%) is better than 81.69% 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
Looking at the Profit Margin, with a value of 0.99%, LYV is in the better half of the industry, outperforming 67.61% of the companies in the same industry.
LYV has a Operating Margin of 5.39%. This is in the better half of the industry: LYV outperforms 70.42% of its industry peers.
LYV's Operating Margin has improved in the last couple of years.
LYV has a worse Gross Margin (24.87%) than 74.65% 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
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), LYV is 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
An Altman-Z score of 2.22 indicates that LYV is not a great score, but indicates only limited risk for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 2.22, LYV is in the better half of the industry, outperforming 70.42% of the companies in the same industry.
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.
LYV has a Debt to FCF ratio of 9.44. This is in the better half of the industry: LYV outperforms 66.20% of its industry peers.
LYV has a Debt/Equity ratio of 19.70. This is a high value indicating a heavy dependency on external financing.
LYV has a Debt to Equity ratio of 19.70. This is amonst the worse of the industry: LYV underperforms 81.69% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 19.7 | ||
| Debt/FCF | 9.44 | ||
| Altman-Z | 2.22 |
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.
LYV has a Current ratio (1.01) which is in line with its industry peers.
LYV has a Quick Ratio of 1.01. This is a normal value and indicates that LYV is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 1.01, LYV is in line with its industry, 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 for LYV have decreased strongly by -45.83% in the last year.
The Revenue has grown by 9.95% in the past year. This is quite good.
The Revenue has been growing by 16.09% on average over the past years. This is quite good.
EPS 1Y (TTM)-45.83%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-6.74%
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 31.60% yearly.
Based on estimates for the next years, LYV will show a quite strong growth in Revenue. The Revenue will grow by 9.28% on average per year.
EPS Next Y-10.89%
EPS Next 2Y44%
EPS Next 3Y36.12%
EPS Next 5Y31.6%
Revenue Next Year6.97%
Revenue Next 2Y10.82%
Revenue Next 3Y10.14%
Revenue Next 5Y9.28%
3.3 Evolution
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 146.46, LYV can be considered very expensive at the moment.
LYV's Price/Earnings ratio is in line with the industry average.
Compared to an average S&P500 Price/Earnings ratio of 27.73, LYV is valued quite expensively.
With a Price/Forward Earnings ratio of 49.44, LYV can be considered very expensive at the moment.
Compared to the rest of the industry, the Price/Forward Earnings ratio of LYV indicates a somewhat cheap valuation: LYV is cheaper than 60.56% of the companies listed in the same industry.
LYV is valuated expensively when we compare the Price/Forward Earnings ratio to 22.83, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 146.46 | ||
| Fwd PE | 49.44 |
4.2 Price Multiples
60.56% of the companies in the same industry are more expensive than LYV, based on the Enterprise Value to EBITDA ratio.
66.20% of the companies in the same industry are more expensive than LYV, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 46.75 | ||
| EV/EBITDA | 17.51 |
4.3 Compensation for Growth
LYV's earnings are expected to grow with 36.12% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y44%
EPS Next 3Y36.12%
5. Dividend
5.1 Amount
No dividends for LYV!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
LIVE NATION ENTERTAINMENT IN
NYSE:LYV (12/20/2024, 8:23:16 PM)
After market: 133.28 0 (0%)133.28
+1.09 (+0.82%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryEntertainment
Earnings (Last)
Earnings (Next)
Inst Owners76.01%
Inst Owner Change3.4%
Ins Owners27.26%
Ins Owner Change0.64%
Market Cap30.97B
Analysts80.77
Price Target146.13 (9.64%)
Short Float %8.69%
Short Ratio5.5
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/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)16.62%
PT rev (3m)22.19%
EPS NQ rev (1m)11.99%
EPS NQ rev (3m)11.99%
EPS NY rev (1m)-9.67%
EPS NY rev (3m)-14.37%
Revenue NQ rev (1m)-8.77%
Revenue NQ rev (3m)-8.77%
Revenue NY rev (1m)-1.87%
Revenue NY rev (3m)-4.39%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 146.46 | ||
| Fwd PE | 49.44 | ||
| P/S | 1.33 | ||
| P/FCF | 46.75 | ||
| P/OCF | 23.89 | ||
| P/B | 107.54 | ||
| P/tB | N/A | ||
| EV/EBITDA | 17.51 |
EPS(TTM)0.91
EY0.68%
EPS(NY)2.7
Fwd EY2.02%
FCF(TTM)2.85
FCFY2.14%
OCF(TTM)5.58
OCFY4.19%
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 | 2.22 |
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)-45.83%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-6.74%
EPS Next Y-10.89%
EPS Next 2Y44%
EPS Next 3Y36.12%
EPS Next 5Y31.6%
Revenue 1Y (TTM)9.95%
Revenue growth 3Y130.36%
Revenue growth 5Y16.09%
Sales Q2Q%-6.14%
Revenue Next Year6.97%
Revenue Next 2Y10.82%
Revenue Next 3Y10.14%
Revenue Next 5Y9.28%
EBIT growth 1Y19.05%
EBIT growth 3YN/A
EBIT growth 5Y30.04%
EBIT Next Year100.19%
EBIT Next 3Y35.7%
EBIT Next 5Y24.81%
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%