Returns Are Gaining Momentum At Live Nation Entertainment (NYSE:LYV)
May 01
U.S. Movies and Entertainment Industry Analysis
UpdatedMay 03, 2024
DataAggregated Company Financials
Companies108
- 7D0.3%
- 3M6.8%
- 1Y34.9%
- YTDn/a
Over the last 7 days, the Movies and Entertainment industry has dropped 2.0%, driven by a pullback from Warner Bros. Discovery of 4.2%. In the past year, the industry has gained 31%. As for the next few years, earnings are expected to grow by 25% per annum.
Industry Valuation and Performance
Has the U.S. Movies and Entertainment Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 03 May 2024 | US$645.2b | US$241.7b | US$7.8b | 22.4x | 82.9x | 2.7x |
| Sun, 31 Mar 2024 | US$688.4b | US$239.9b | US$6.1b | 21.7x | 112.2x | 2.9x |
| Tue, 27 Feb 2024 | US$642.8b | US$237.9b | US$6.5b | 21.8x | 98.2x | 2.7x |
| Thu, 25 Jan 2024 | US$583.3b | US$237.1b | US$4.1b | 20.4x | 142.2x | 2.5x |
| Sat, 23 Dec 2023 | US$575.9b | US$237.1b | US$3.2b | 19.7x | 181.6x | 2.4x |
| Mon, 20 Nov 2023 | US$567.3b | US$236.8b | US$3.1b | 21.2x | 183.4x | 2.4x |
| Wed, 18 Oct 2023 | US$482.7b | US$228.9b | -US$1,947,303,933.00 | 18.1x | -247.9x | 2.1x |
| Fri, 15 Sep 2023 | US$499.9b | US$227.9b | -US$2,311,692,302.00 | 14.8x | -216.2x | 2.2x |
| Sun, 13 Aug 2023 | US$514.8b | US$229.4b | -US$2,771,794,207.00 | 25.6x | -185.7x | 2.2x |
| Tue, 11 Jul 2023 | US$517.4b | US$222.5b | -US$3,420,752,876.00 | 19.9x | -151.2x | 2.3x |
| Thu, 08 Jun 2023 | US$498.6b | US$222.1b | -US$3,395,287,638.00 | 20.1x | -146.9x | 2.2x |
| Sat, 06 May 2023 | US$482.3b | US$220.8b | -US$3,972,908,487.00 | 30.8x | -121.4x | 2.2x |
| Mon, 03 Apr 2023 | US$496.6b | US$210.1b | -US$1,574,117,270.00 | 28.8x | -315.5x | 2.4x |
| Wed, 01 Mar 2023 | US$479.4b | US$210.0b | -US$1,939,477,495.00 | 30.4x | -247.2x | 2.3x |
| Fri, 27 Jan 2023 | US$511.1b | US$198.1b | US$202.2m | 31.9x | 2527.3x | 2.6x |
| Sun, 25 Dec 2022 | US$409.0b | US$197.3b | US$748.1m | 26x | 546.8x | 2.1x |
| Tue, 22 Nov 2022 | US$418.9b | US$196.5b | US$637.5m | 26.6x | 657.1x | 2.1x |
| Thu, 20 Oct 2022 | US$422.2b | US$183.4b | US$4.8b | 23.2x | 87.7x | 2.3x |
| Sat, 17 Sep 2022 | US$436.8b | US$183.5b | US$4.8b | 21.8x | 90.7x | 2.4x |
| Mon, 15 Aug 2022 | US$479.1b | US$183.5b | US$4.4b | 24.2x | 108.3x | 2.6x |
| Wed, 13 Jul 2022 | US$364.3b | US$160.4b | US$7.6b | 25.9x | 47.7x | 2.3x |
| Fri, 10 Jun 2022 | US$399.9b | US$161.0b | US$7.7b | 29.9x | 52.1x | 2.5x |
| Sun, 08 May 2022 | US$408.9b | US$156.6b | US$7.7b | 26.2x | 53.2x | 2.6x |
| Tue, 05 Apr 2022 | US$539.4b | US$143.1b | US$6.4b | 26.1x | 84.5x | 3.8x |
| Thu, 03 Mar 2022 | US$550.0b | US$144.1b | US$6.5b | 33x | 84.9x | 3.8x |
| Sat, 29 Jan 2022 | US$541.0b | US$136.3b | US$5.1b | 41.7x | 105.5x | 4x |
| Mon, 27 Dec 2021 | US$698.4b | US$135.3b | US$5.1b | 59.1x | 137.6x | 5.2x |
| Wed, 24 Nov 2021 | US$712.7b | US$136.5b | US$6.2b | 57.4x | 114.8x | 5.2x |
| Fri, 22 Oct 2021 | US$768.2b | US$129.2b | US$3.2b | 34.1x | 238x | 5.9x |
| Sun, 19 Sep 2021 | US$756.0b | US$128.1b | US$2.6b | 31.1x | 285.5x | 5.9x |
| Tue, 17 Aug 2021 | US$697.8b | US$127.9b | US$3.4b | 39.8x | 207.6x | 5.5x |
| Tue, 01 Jun 2021 | US$722.9b | US$118.6b | -US$3,917,685,050.43 | 50.1x | -184.5x | 6.1x |
Price to Earnings Ratio
-190.1x
Current Industry PE
- Investors are optimistic on the American Movies and Entertainment industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 83.0x which is higher than its 3-year average PE of -82.1x.
- The 3-year average PS ratio of 3.2x is higher than the industry's current PS ratio of 2.7x.
Past Earnings Growth
- Total earnings for the Movies and Entertainment industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 27% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Comparison
How does U.S. Movies and Entertainment compare with similar industries?
| US Market | 0.34% | |
| Telecom | 3.33% | |
| Entertainment | 0.86% | |
| Movies and Entertainment | 0.34% | |
| Interactive Home Entertainment | 2.95% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| SPOT Spotify Technology | US$294.17 | 1.8% +US$1.0b | 109.4% | PS3.9x | |
| TME Tencent Music Entertainment Group | US$13.05 | 2.9% +US$576.7m | 78.5% | PE29.9x | |
| ROKU Roku | US$59.95 | 6.4% +US$518.3m | 9.1% | PS2.4x | |
| FWON.K Formula One Group | US$70.88 | 2.8% +US$457.6m | 0.5% | PE89.9x | |
| WMG Warner Music Group | US$33.22 | 2.5% +US$424.7m | 20.5% | PE37.3x |
