LIVE NATION ENTERTAINMENT IN (LYV)
US5380341090 - Common Stock
Taking everything into account, LYV scores 4 out of 10 in our fundamental rating. LYV was compared to 77 industry peers in the Entertainment industry. LYV has a medium profitability rating, but doesn't score so well on its financial health evaluation. LYV has a correct valuation and a medium 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.
The reported net income has been mixed in the past 5 years: LYV reported negative net income in multiple years.
Of the past 5 years LYV 4 years had a positive operating cash flow.
1.2 Ratios
LYV has a better Return On Assets (1.66%) than 72.73% of its industry peers.
With an excellent Return On Invested Capital value of 9.42%, LYV belongs to the best of the industry, outperforming 85.71% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.66% | ||
| ROE | N/A | ||
| ROIC | 9.42% |
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 1.39%, LYV is doing good in the industry, outperforming 68.83% of the companies in the same industry.
The Operating Margin of LYV (4.63%) is better than 68.83% of its industry peers.
LYV's Operating Margin has improved in the last couple of years.
LYV has a worse Gross Margin (23.99%) than 68.83% of its industry peers.
LYV's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 4.63% | ||
| PM (TTM) | 1.39% | ||
| GM | 23.99% |
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
LYV has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
Compared to 1 year ago, LYV has more shares outstanding
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 1.82. 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 Altman-Z score of 1.82. This is in the better half of the industry: LYV outperforms 71.43% of its industry peers.
The Debt to FCF ratio of LYV is 7.36, which is on the high side as it means it would take LYV, 7.36 years of fcf income to pay off all of its debts.
With a decent Debt to FCF ratio value of 7.36, LYV is doing good in the industry, outperforming 71.43% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 7.36 | ||
| Altman-Z | 1.82 |
ROIC/WACC1.29
WACC7.29%
2.3 Liquidity
A Current Ratio of 0.96 indicates that LYV may have some problems paying its short term obligations.
LYV has a Current ratio (0.96) which is in line with its industry peers.
LYV has a Quick Ratio of 0.96. This is a bad value and indicates that LYV is not financially healthy enough and could expect problems in meeting its short term obligations.
LYV's Quick ratio of 0.96 is in line compared to the rest of the industry. LYV outperforms 49.35% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.96 | ||
| Quick Ratio | 0.96 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 64.56% over the past year.
LYV shows a strong growth in Revenue. In the last year, the Revenue has grown by 36.38%.
Measured over the past years, LYV shows a quite strong growth in Revenue. The Revenue has been growing by 16.09% on average per year.
EPS 1Y (TTM)64.56%
EPS 3YN/A
EPS 5YN/A
EPS growth Q2Q-43.68%
Revenue 1Y (TTM)36.38%
Revenue growth 3Y130.36%
Revenue growth 5Y16.09%
Revenue growth Q2Q36.08%
3.2 Future
The Earnings Per Share is expected to grow by 46.62% on average over the next years. This is a very strong growth
LYV is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 8.28% yearly.
EPS Next Y42.32%
EPS Next 2Y31.14%
EPS Next 3Y31.83%
EPS Next 5Y46.62%
Revenue Next Year13.04%
Revenue Next 2Y10.61%
Revenue Next 3Y9.63%
Revenue Next 5Y8.28%
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
LYV is valuated quite expensively with a Price/Earnings ratio of 68.07.
Based on the Price/Earnings ratio, LYV is valued a bit cheaper than 67.53% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 25.20, LYV is valued quite expensively.
The Price/Forward Earnings ratio is 47.83, which means the current valuation is very expensive for LYV.
Based on the Price/Forward Earnings ratio, LYV is valued a bit cheaper than 71.43% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.63, LYV is valued quite expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 68.07 | ||
| Fwd PE | 47.83 |
4.2 Price Multiples
75.32% of the companies in the same industry are more expensive than LYV, based on the Enterprise Value to EBITDA ratio.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of LYV indicates a somewhat cheap valuation: LYV is cheaper than 79.22% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 22.81 | ||
| EV/EBITDA | 13.24 |
4.3 Compensation for Growth
LYV's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
LYV's earnings are expected to grow with 31.83% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.61
PEG (5Y)N/A
EPS Next 2Y31.14%
EPS Next 3Y31.83%
5. Dividend
5.1 Amount
LYV does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
LIVE NATION ENTERTAINMENT IN
NYSE:LYV (4/25/2024, 7:04:00 PM)
After market: 89.8201 +1.33 (+1.5%)88.49
-1.16 (-1.29%)
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 Cap20.42B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
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Surprises & Revisions
EPS beat(2)
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EPS 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)
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Revenue NY rev (1m)
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Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 68.07 | ||
| Fwd PE | 47.83 | ||
| 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)1.61
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.66% | ||
| ROE | N/A | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 4.63% | ||
| PM (TTM) | 1.39% | ||
| GM | 23.99% | ||
| 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 Turnover1.19
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 0.96 | ||
| Quick Ratio | 0.96 | ||
| 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)
Growth
EPS 1Y (TTM)64.56%
EPS 3YN/A
EPS 5Y
EPS growth Q2Q
EPS Next Y42.32%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)36.38%
Revenue growth 3Y130.36%
Revenue growth 5Y
Revenue growth 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