VIVID SEATS INC - CLASS A (SEAT)
US92854T1007 - Common Stock
SEAT gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 76 industry peers in the Entertainment industry. While SEAT is still in line with the averages on profitability rating, there are concerns on its financial health. SEAT has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year SEAT was profitable.
SEAT had a positive operating cash flow in the past year.
In multiple years SEAT reported negative net income over the last 5 years.
Of the past 5 years SEAT 4 years had a positive operating cash flow.
1.2 Ratios
The Return On Assets of SEAT (4.81%) is better than 82.89% of its industry peers.
SEAT has a Return On Equity of 71.00%. This is amongst the best in the industry. SEAT outperforms 98.68% of its industry peers.
SEAT's Return On Invested Capital of 6.05% is amongst the best of the industry. SEAT outperforms 80.26% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for SEAT is significantly below the industry average of 36.57%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.81% | ||
| ROE | 71% | ||
| ROIC | 6.05% |
ROA(3y)2.36%
ROA(5y)-12.66%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)6.89%
ROIC(5y)N/A
1.3 Margins
SEAT has a Profit Margin of 10.46%. This is amongst the best in the industry. SEAT outperforms 85.53% of its industry peers.
The Operating Margin of SEAT (11.40%) is better than 78.95% of its industry peers.
SEAT has a better Gross Margin (74.45%) than 90.79% of its industry peers.
SEAT's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 11.4% | ||
| PM (TTM) | 10.46% | ||
| GM | 74.45% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y35.95%
GM growth 5YN/A
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so SEAT is destroying value.
Compared to 1 year ago, SEAT has more shares outstanding
Compared to 1 year ago, SEAT has an improved debt to assets ratio.
2.2 Solvency
SEAT has an Altman-Z score of 0.05. This is a bad value and indicates that SEAT is not financially healthy and even has some risk of bankruptcy.
SEAT has a Altman-Z score (0.05) which is comparable to the rest of the industry.
SEAT has a debt to FCF ratio of 1.84. This is a very positive value and a sign of high solvency as it would only need 1.84 years to pay back of all of its debts.
SEAT has a Debt to FCF ratio of 1.84. This is amongst the best in the industry. SEAT outperforms 90.79% of its industry peers.
SEAT has a Debt/Equity ratio of 2.52. This is a high value indicating a heavy dependency on external financing.
SEAT has a Debt to Equity ratio of 2.52. This is in the lower half of the industry: SEAT underperforms 71.05% of its industry peers.
Even though the debt/equity ratio score it not favorable for SEAT, it has very limited outstanding debt, so we won't put too much weight on the DE evaluation.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.52 | ||
| Debt/FCF | 1.84 | ||
| Altman-Z | 0.05 |
ROIC/WACC0.7
WACC8.59%
2.3 Liquidity
A Current Ratio of 0.50 indicates that SEAT may have some problems paying its short term obligations.
With a Current ratio value of 0.50, SEAT is not doing good in the industry: 80.26% of the companies in the same industry are doing better.
SEAT has a Quick Ratio of 0.50. This is a bad value and indicates that SEAT is not financially healthy enough and could expect problems in meeting its short term obligations.
The Quick ratio of SEAT (0.46) is worse than 84.21% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.5 | ||
| Quick Ratio | 0.46 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 34.21% over the past year.
SEAT shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 18.76%.
The Revenue has been growing by 172.84% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)34.21%
EPS 3YN/A
EPS 5YN/A
EPS growth Q2Q-30.77%
Revenue 1Y (TTM)18.76%
Revenue growth 3Y172.84%
Revenue growth 5YN/A
Revenue growth Q2Q20.18%
3.2 Future
Based on estimates for the next years, SEAT will show a quite strong growth in Earnings Per Share. The EPS will grow by 16.22% on average per year.
The Revenue is expected to grow by 8.56% on average over the next years. This is quite good.
EPS Next Y-33.6%
EPS Next 2Y-9.82%
EPS Next 3Y6.97%
EPS Next 5Y16.22%
Revenue Next Year18.03%
Revenue Next 2Y13.36%
Revenue Next 3Y10.26%
Revenue Next 5Y8.56%
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
A Price/Earnings ratio of 10.55 indicates a reasonable valuation of SEAT.
Compared to the rest of the industry, the Price/Earnings ratio of SEAT indicates a rather cheap valuation: SEAT is cheaper than 90.79% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of SEAT to the average of the S&P500 Index (28.06), we can say SEAT is valued rather cheaply.
A Price/Forward Earnings ratio of 15.89 indicates a correct valuation of SEAT.
Compared to the rest of the industry, the Price/Forward Earnings ratio of SEAT indicates a rather cheap valuation: SEAT is cheaper than 88.16% of the companies listed in the same industry.
SEAT's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 20.72.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.55 | ||
| Fwd PE | 15.89 |
4.2 Price Multiples
SEAT's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. SEAT is cheaper than 73.68% of the companies in the same industry.
SEAT's Price/Free Cash Flow ratio is rather cheap when compared to the industry. SEAT is cheaper than 94.74% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.75 | ||
| EV/EBITDA | 12.53 |
4.3 Compensation for Growth
SEAT has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-9.82%
EPS Next 3Y6.97%
5. Dividend
5.1 Amount
SEAT does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
VIVID SEATS INC - CLASS A
NASDAQ:SEAT (5/2/2024, 7:18:40 PM)
After market: 5.38 0 (0%)5.38
+0.19 (+3.66%)
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 Cap1.13B
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)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
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 | 10.55 | ||
| Fwd PE | 15.89 | ||
| 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 | 4.81% | ||
| ROE | 71% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 11.4% | ||
| PM (TTM) | 10.46% | ||
| GM | 74.45% | ||
| 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 Turnover0.46
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.52 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 0.5 | ||
| Quick Ratio | 0.46 | ||
| 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)34.21%
EPS 3YN/A
EPS 5Y
EPS growth Q2Q
EPS Next Y-33.6%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)18.76%
Revenue growth 3Y172.84%
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