0.35%
11.64%
23.42%
50.30%
62.71%
32.02%
112.10%
AI Spotlight on LYV
Company Description
Live Nation Entertainment, Inc.operates as a live entertainment company.It operates through Concerts, Ticketing, and Sponsorship & Advertising segments.
The Concerts segment promotes live music events in its owned or operated venues, and in rented third-party venues; operates and manages music venues; produces music festivals; creates associated content; and offers management and other services to artists.The Ticketing segment manages the ticketing operations, including the provision of ticketing software and services to clients for tickets and event information through its primary websites livenation.com and ticketmaster.com, as well as provides ticket resale services.This segment sells tickets for its events, as well as for third-party clients in various live event categories, such as arenas, stadiums, amphitheaters, music clubs, concert promoters, professional sports franchises and leagues, college sports teams, performing arts venues, museums, and theaters through websites, mobile apps, and ticket outlets.
The Sponsorship & Advertising segment sells international, national, and local sponsorships and placement of advertising, including signage, promotional programs, rich media offering that comprise advertising related with live streaming and music-related content; and ads across its distribution network of venues, events, and websites.This segment also manages the development of strategic sponsorship programs, as well as develops, books, and produces custom events or programs for specific brands.As of December 31, 2021, it owned, operated, or leased 165 entertainment venues in North America and 94 entertainment venues internationally.
The company was formerly known as Live Nation, Inc.and changed its name to Live Nation Entertainment, Inc.in January 2010.
Live Nation Entertainment, Inc.was incorporated in 2005 and is headquartered in Beverly Hills, California.
Market Data
| Last Price | 144.57 |
| Change Percentage | 0.35% |
| Open | 144.53 |
| Previous Close | 144.06 |
| Market Cap ( Millions) | 33338 |
| Volume | 846624 |
| Year High | 145.33 |
| Year Low | 86.67 |
| M A 50 | 134.89 |
| M A 200 | 108.48 |
Financial Ratios
| FCF Yield | 1.99% |
| Dividend Yield | 0.00% |
| ROE | 1747.05% |
| Debt / Equity | 2843.68% |
| Net Debt / EBIDTA | 146.65% |
| Price To Book | 115.66 |
| Price Earnings Ratio | 67.65 |
| Price To FCF | 50.29 |
| Price To sales | 1.43 |
| EV / EBITDA | 19.58 |
News
- Jan -22 - Ticketmaster fights antitrust lawsuit by arguing that a lack of competition can actually save concertgoers money
- Jan -17 - Live Nation and Crew Nation Global Relief Fund Commit $1M to Support Los Angeles Music Community Impacted by Wildfires
- Jan -06 - LYV Stock Rises 37% in 6 Months: Should You Act Now or Hold Steady?
- Dec -25 - CNK or LYV: Which Is the Better Value Stock Right Now?
- Dec -13 - Two Hard Rock® Hotel & Casinos Named in Top Five in Newsweek Readers' Choice for Best Casinos with Live Entertainment
- Dec -04 - Live Nation Entertainment Announces Pricing Of Convertible Senior Notes Offering
- Dec -03 - Live Nation Entertainment Announces Launch Of Convertible Senior Notes Offering
- Nov -25 - Live Nation Entertainment: Rating Downgrade As Share Price Has Rallied Past My Price Target
- Nov -23 - Downgrading Warner Music Group As Spotify And Live Nation Strike A Chord
- Nov -21 - Live Nation Is the Company Consumers Love to Hate. But Investors Love It.
- Nov -20 - Rocking the Charts: Why Live Nation Could Hit New Highs
- Nov -19 - Mayor Michele Dale Calls for Investigation into Live Nation Lawsuit on Behalf of Plaintiff
- Nov -19 - Lawsuit Accuses Ticketmaster and Live Nation of ‘Racketeering Activity'
- Nov -15 - NCLH vs. LYV: Which Stock Is the Better Value Option?
- Nov -14 - Calls of the Day: Live Nation, Netflix, Costco and Oil stocks
- Nov -13 - Live Nation CEO: Live entertainment is a very scarce commodity
- Nov -12 - Live Nation CEO talks consumer demand, says live music is 'a very scarce commodity'
- Nov -12 - Ticketmaster Parent Live Nation Stock Hits Record High on Q3 Earnings Beat
- Nov -12 - Live Nation Q3 Earnings Surpass Estimates, Revenues Miss
- Nov -12 - Ticketmaster Parent Live Nation Stock Hits Record High on Q3 Earnings Beat
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Concerts
Expected Growth : 7 %
What the company do ?
Concerts from Live Nation Entertainment, Inc. offer a platform for users to discover and attend live music events and festivals featuring various artists and bands.
Why we expect these perspectives ?
Live Nation Entertainment, Inc.'s 7% growth in concerts is driven by increasing demand for live events, strategic acquisitions, and expansion into new markets. Additionally, the company's focus on festival and ticketing platforms, such as Ticketmaster, has contributed to revenue growth. Furthermore, the rise of experiential entertainment and the growing popularity of music festivals have also fueled this growth.
Segment n°2 -> Ticketing
Expected Growth : 5 %
What the company do ?
Ticketing from Live Nation Entertainment, Inc. refers to the online platform that enables users to purchase tickets to concerts, festivals, and other live events.
Why we expect these perspectives ?
Live Nation Entertainment's ticketing 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 its ability to offer exclusive ticketing deals to popular artists and festivals also contribute to its growth. Additionally, investments in digital ticketing platforms and data analytics enhance the fan experience, driving ticket sales and revenue growth.
Segment n°3 -> Sponsorship & Advertising
Expected Growth : 4 %
What the company do ?
Live Nation Entertainment, Inc.'s Sponsorship & Advertising segment offers brands access to live events, artists, and venues to reach targeted audiences.
Why we expect these perspectives ?
Live Nation Entertainment's 4% growth in Sponsorship & Advertising is driven by increasing demand for live events, strategic partnerships with brands, and expansion into new markets. Additionally, the company's data-driven approach to targeting high-value sponsors and advertisers, as well as its ability to offer unique brand activation opportunities, contribute to this growth.
Segment n°4 -> Other & Eliminations
Expected Growth : 3 %
What the company do ?
Other & Eliminations from Live Nation Entertainment, Inc. refers to the consolidation and elimination of intersegment revenues and expenses, as well as other miscellaneous items not attributed to specific segments.
Why we expect these perspectives ?
Live Nation Entertainment's Other & Eliminations segment growth is driven by increasing ticketing fees, higher revenue from ticket resale, and growth in advertising and sponsorship sales. Additionally, the company's expansion into new markets and strategic partnerships contribute to the segment's growth.
Live Nation Entertainment, Inc. Products
| Product Range | What is it ? |
|---|---|
| Concerts | Live Nation Entertainment, Inc. promotes and produces live concerts and events featuring top artists and bands across various genres. |
| Ticketing | Live Nation Entertainment, Inc. provides ticketing services through its subsidiary Ticketmaster, allowing fans to purchase tickets to events online or at the box office. |
| Sponsorship and Advertising | Live Nation Entertainment, Inc. offers sponsorship and advertising opportunities to brands, allowing them to reach a large and engaged audience. |
| Venue Management | Live Nation Entertainment, Inc. owns, operates, and manages a portfolio of iconic venues, providing a unique and memorable experience for fans. |
| Artist Nation | Live Nation Entertainment, Inc. provides artist management services, supporting artists in their careers and helping them to achieve success. |
| Festivals | Live Nation Entertainment, Inc. produces and promotes music festivals, featuring a diverse lineup of artists and activities. |
Live Nation Entertainment, Inc.'s Porter Forces
Threat Of Substitutes
Live Nation Entertainment, Inc. faces moderate threat from substitutes, as customers have limited alternatives for live entertainment experiences. However, the rise of virtual events and online concerts may pose a threat in the future.
Bargaining Power Of Customers
Live Nation Entertainment, Inc. has a diverse customer base, which reduces the bargaining power of individual customers. Additionally, the company's strong brand and unique experiences limit customers' ability to negotiate prices.
Bargaining Power Of Suppliers
Live Nation Entertainment, Inc. relies on a network of suppliers, including venues, artists, and vendors. While the company has some bargaining power, suppliers can still exert pressure, particularly if they are essential to the business.
Threat Of New Entrants
The live entertainment industry has high barriers to entry, including significant capital requirements and complex logistical operations. This limits the threat of new entrants and allows Live Nation Entertainment, Inc. to maintain its market position.
Intensity Of Rivalry
The live entertainment industry is highly competitive, with multiple players vying for market share. Live Nation Entertainment, Inc. faces intense rivalry from other promoters, venues, and event organizers, which can lead to pricing pressure and competition for talent.
Strength
Capital Structure
| Value | |
|---|---|
| Debt Weight | 100.20% |
| Debt Cost | 5.06% |
| Equity Weight | -0.20% |
| Equity Cost | 10.66% |
| WACC | 5.05% |
| Leverage | -49206.46% |
Live Nation Entertainment, Inc. : Quality Control
Live Nation Entertainment, Inc. passed 4 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| MSGS | Madison Square Garden Sports Corp. operates as a professional sports company. The company owns and operates a portfolio of assets that consists of the New York Knickerbockers of the National … |
| EDR | Endeavor Group Holdings, Inc. operates as an entertainment, sports, and content company in the United States, the United Kingdom, and internationally. It operates in three segments: Owned Sports Properties, Events, … |
| NWSA | News Corporation, a media and information services company, creates and distributes authoritative and engaging content, and other products and services for consumers and businesses worldwide. It operates in six segments: … |
| WMG | Warner Music Group Corp. operates as a music entertainment company in the United States, the United Kingdom, Germany, and internationally. The company operates through Recorded Music and Music Publishing segments. … |
| SIRI | Sirius XM Holdings Inc. provides satellite radio services on a subscription fee basis in the United States. It broadcasts music, sports, entertainment, comedy, talk, news, traffic, and weather channels, including … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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Sirius XM
A-Score
1-Year Total Return ->
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Endeavor Group Holdings
A-Score
1-Year Total Return ->
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Madison Square Garden Sports
A-Score
1-Year Total Return ->
4
News Corp
A-Score
1-Year Total Return ->
5
Live Nation Entertainment
A-Score
1-Year Total Return ->
6
