AI Spotlight on EVD
Company Description
CTS Eventim AG & Co. KGaA operates in the leisure events market in Germany, Italy, the United States, Switzerland, Austria, Finland, the Netherlands, Spain, and internationally.It operates through two segments, Ticketing and Live Entertainment.The Ticketing segment produces, sells, brokers, distributes, and markets tickets for concerts, theatre, art, sports, and other events.
It markets events (tickets) through eventim.Web and using its network platform, EVENTIM.Net; in-house ticketing products through EVENTIM.Inhouse; sport ticketing products through EVENTIM.Tixx; and self-service products for promotors through EVENTIM.Light, as well as provides a solution for ticket sales and admission control through EVENTIM.Access.This segment also operates kinoheld software for cinema operators; EVENTIM.fanSALE, a resale portal where customers sell event tickets to other customers; and online portal under various brands, such as eventim.de, oeticket.com, ticketcorner.ch, ticketone.it, and entradas.com.The Live Entertainment segment plans, prepares, and performs tours, events, and festivals including music events and concerts, as well as markets music productions.
This segment is also involved in the operation of venues.The company was formerly known as CTS EVENTIM AG and changed its name to CTS Eventim AG & Co. KGaA in May 2014.CTS Eventim AG & Co. KGaA was founded in 1989 and is headquartered in Bremen, Germany.
Market Data
Last Price | 94.4 |
Change Percentage | 0.21% |
Open | 94 |
Previous Close | 94.2 |
Market Cap ( Millions) | 9062 |
Volume | 81535 |
Year High | 100.5 |
Year Low | 62.5 |
M A 50 | 85.6 |
M A 200 | 85.14 |
Financial Ratios
FCF Yield | 2.45% |
Dividend Yield | 1.51% |
ROE | 27.16% |
Debt / Equity | 12.62% |
Net Debt / EBIDTA | -164.99% |
Price To Book | 9.59 |
Price Earnings Ratio | 36.2 |
Price To FCF | 40.78 |
Price To sales | 3.44 |
EV / EBITDA | 16.68 |
News
- Jan -20 - A Look At The Intrinsic Value Of CTS Eventim AG & Co. KGaA (ETR:EVD)
- Jan -06 - CTS Eventim AG & Co. KGaA's (ETR:EVD) Stock Has Been Sliding But Fundamentals Look Strong: Is The Market Wrong?
- Dec -23 - CTS Eventim AG & Co. KGaA (ETR:EVD) is largely controlled by institutional shareholders who own 42% of the company
- Nov -23 - CTS Eventim KGaA Third Quarter 2024 Earnings: Beats Expectations
- Sep -19 - What Is CTS Eventim AG & Co. KGaA's (ETR:EVD) Share Price Doing?
- Aug -25 - Earnings Miss: CTS Eventim AG & Co. KGaA Missed EPS By 18% And Analysts Are Revising Their Forecasts
- Aug -24 - CTS Eventim KGaA Second Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags
- Aug -09 - Calculating The Fair Value Of CTS Eventim AG & Co. KGaA (ETR:EVD)
- Jul -21 - Could The Market Be Wrong About CTS Eventim AG & Co. KGaA (ETR:EVD) Given Its Attractive Financial Prospects?
- Jul -06 - Owning 42% in CTS Eventim AG & Co. KGaA (ETR:EVD) means that insiders are heavily invested in the company's future
- May -25 - CTS Eventim KGaA First Quarter 2024 Earnings: EPS: β¬0.70 (vs β¬0.46 in 1Q 2023)
- May -11 - CTS Eventim AG & Co. KGaA (ETR:EVD) Passed Our Checks, And It's About To Pay A β¬1.43 Dividend
- Apr -25 - CTS Eventim KGaA (ETR:EVD) Is Increasing Its Dividend To β¬1.43
- Apr -12 - Is CTS Eventim AG & Co. KGaA (ETR:EVD) Potentially Undervalued?
- Apr -11 - Infineon Technologies' (ETR:IFX) five-year earnings growth trails the 10% YoY shareholder returns
- Mar -27 - CTS Eventim KGaA Full Year 2023 Earnings: Beats Expectations
- Mar -25 - Slowing Rates Of Return At Flughafen ZΓΌrich (VTX:FHZN) Leave Little Room For Excitement
- Mar -02 - A Look At The Fair Value Of CTS Eventim AG & Co. KGaA (ETR:EVD)
- Feb -27 - Investors Met With Slowing Returns on Capital At 1&1 (ETR:1U1)
- Dec -27 - Is CTS Eventim AG & Co. KGaA's (ETR:EVD) Recent Stock Performance Tethered To Its Strong Fundamentals?
Business Breakdown
Expected Mid-Term Growth
Segment nΒ°1 -> Live Entertainment
Expected Growth : 5 %
What the company do ?
Live Entertainment from CTS Eventim AG & Co. KGaA refers to the production, promotion, and organization of live events, such as concerts, shows, and sports events.
Why we expect these perspectives ?
CTS Eventim's Live Entertainment segment growth is driven by increasing demand for live events, strategic acquisitions, and expansion into new markets. The company's strong brand portfolio, including Ticketmaster and Eventim, enables it to capitalize on the growing trend of experiential spending. Additionally, investments in digital ticketing and event management platforms enhance operational efficiency and customer experience, further fueling growth.
Segment nΒ°2 -> Ticketing
Expected Growth : 7 %
What the company do ?
Ticketing from CTS Eventim AG & Co. KGaA refers to the online ticketing platform that enables users to purchase tickets for various events, concerts, and sports games.
Why we expect these perspectives ?
CTS Eventim's ticketing segment growth is driven by increasing demand for live events, strategic acquisitions, and expansion into new markets. The company's strong brand recognition, innovative ticketing solutions, and partnerships with prominent event organizers also contribute to its growth. Additionally, the rise of online ticketing platforms and mobile payments has increased convenience and accessibility for customers, further boosting growth.
Cts Eventim Ag & Co. Kgaa Products
Product Range | What is it ? |
---|---|
Ticketing | CTS Eventim provides ticketing solutions for events, allowing organizers to manage ticket sales, inventory, and distribution. |
Event Management | CTS Eventim offers event management services, including event planning, marketing, and logistics. |
Venue Management | CTS Eventim provides venue management services, including ticketing, marketing, and operations management. |
Ticket Insurance | CTS Eventim offers ticket insurance products, protecting customers against event cancellations or postponements. |
Marketing and Promotion | CTS Eventim provides marketing and promotion services, including social media, email, and advertising campaigns. |
Data Analytics | CTS Eventim offers data analytics services, providing insights on ticket sales, customer behavior, and market trends. |
CTS Eventim AG & Co. KGaA's Porter Forces
Threat Of Substitutes
The threat of substitutes for CTS Eventim AG & Co. KGaA is medium due to the presence of alternative entertainment options such as streaming services and social media platforms.
Bargaining Power Of Customers
The bargaining power of customers is low due to the company's strong brand reputation and limited alternatives for live entertainment events.
Bargaining Power Of Suppliers
The bargaining power of suppliers is medium due to the company's dependence on a few large suppliers for event production and logistics.
Threat Of New Entrants
The threat of new entrants is low due to the high barriers to entry in the live entertainment industry, including high capital requirements and regulatory hurdles.
Intensity Of Rivalry
The intensity of rivalry is high due to the presence of several established players in the live entertainment industry, leading to intense competition for market share.
Capital Structure
Value | |
---|---|
Debt Weight | 9.17% |
Debt Cost | 6.13% |
Equity Weight | 90.83% |
Equity Cost | 10.09% |
WACC | 9.73% |
Leverage | 10.09% |
CTS Eventim AG & Co. KGaA : Quality Control
CTS Eventim AG & Co. KGaA passed 7 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
Company | Rational |
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FLE.AS | FL Entertainment N.V. engages in the content production and distribution, and online sports betting and gaming businesses in Europe. It produces scripted and non-scripted content across various genres, including reality β¦ |
VIV.PA | Vivendi SE operates as a entertainment, media, and communication company in France, the rest of Europe, the Americas, Asia/Oceania, and Africa. It operates through Canal+ Group, Havas Group, Editis, Prisma β¦ |
A3M.MC | Atresmedia CorporaciΓ³n de Medios de ComunicaciΓ³n, S.A., an audiovisual company, engages in the television, digital and multimedia development, advertising, cinema, radio, cinema, and events organization businesses in Spain and internationally. β¦ |
BOL.PA | BollorΓ© SE engages in the transportation and logistics, communications, and electricity storage solutions businesses in Asia, Africa, the Americas, the Asia-Pacific, and internationally. It operates through Transportation and Logistics, Oil β¦ |
OPL.WA | Orange Polska S.A., together with its subsidiaries, provides telecommunications services in Poland. It offers mobile and fixed telecommunications services, including calls, messaging, content, and access to the Internet and TV; β¦ |