View ValuationCTS Eventim KGaA 향후 성장Future 기준 점검 2/6CTS Eventim KGaA (는) 각각 연간 10.9% 및 4.6% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 10% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 23.6% 로 예상됩니다.핵심 정보10.9%이익 성장률9.99%EPS 성장률Entertainment 이익 성장17.2%매출 성장률4.6%향후 자기자본이익률23.59%애널리스트 커버리지Good마지막 업데이트21 May 2026최근 향후 성장 업데이트공시 • Mar 28CTS Eventim AG & Co. KGaA Provides Revenue Guidance for 2026CTS Eventim AG & Co. KGaA provided revenue guidance for 2026. For the year, assuming a backdrop of stable macroeconomic conditions, the company anticipates an increase in total revenue.Price Target Changed • Apr 07Price target increased by 8.0% to €83.90Up from €77.67, the current price target is an average from 10 analysts. New target price is approximately in line with last closing price of €85.15. Stock is up 53% over the past year. The company is forecast to post earnings per share of €3.00 for next year compared to €2.86 last year.Price Target Changed • Apr 04Price target increased by 9.2% to €83.90Up from €76.80, the current price target is an average from 10 analysts. New target price is approximately in line with last closing price of €85.30. Stock is up 54% over the past year. The company is forecast to post earnings per share of €3.00 for next year compared to €2.86 last year.공시 • Oct 06CTS Eventim AG & Co. KGaA Provides Earnings Guidance for the Year 2023CTS Eventim AG & Co. KGaA provided earnings guidance for the year 2023. For the year, the company now expects the Group’s revenue for 2023 as a whole to be significantly higher than EUR 2 billion. This means that operating profit for 2023 will be up sharply compared with the prior-year figure, which itself had been at a high level thanks to catch-up effects resulting from the pandemic.Price Target Changed • Jun 05Price target increased to €52.60Up from €48.00, the current price target is an average from 5 analysts. New target price is 8.1% below last closing price of €57.26. Stock is up 31% over the past year.Price Target Changed • Jan 05Price target raised to €44.20Up from €40.67, the current price target is an average from 5 analysts. The new target price is 16% below the current share price of €52.55. As of last close, the stock is down 9.9% over the past year.모든 업데이트 보기Recent updatesUpcoming Dividend • May 21Upcoming dividend of €1.44 per shareEligible shareholders must have bought the stock before 28 May 2026. Payment date: 01 June 2026. Payout ratio is a comfortable 50% but the company is paying out more than the cash it is generating. Trailing yield: 2.6%. Lower than top quartile of German dividend payers (4.5%). In line with average of industry peers (2.6%).공시 • Apr 17CTS Eventim AG & Co. KGaA announces Annual dividend, payable on June 01, 2026CTS Eventim AG & Co. KGaA announced Annual dividend of EUR 1.4400 per share payable on June 01, 2026, ex-date on May 28, 2026 and record date on May 29, 2026.공시 • Apr 16CTS Eventim AG & Co. KGaA, Annual General Meeting, May 27, 2026CTS Eventim AG & Co. KGaA, Annual General Meeting, May 27, 2026, at 10:00 W. Europe Standard Time.공시 • Mar 29CTS Eventim AG & Co. KGaA Proposes DividendIn view of the robust business performance, the CTS Eventim Executive Board and Supervisory Board’s proposal to the Annual Shareholders’ Meeting on 27 May 2026 will be to distribute EUR 138.2 million in dividends to shareholders. As usual, this equates to 50% of the Group’s net income or EUR 1.44 per share.공시 • Mar 28CTS Eventim AG & Co. KGaA Provides Revenue Guidance for 2026CTS Eventim AG & Co. KGaA provided revenue guidance for 2026. For the year, assuming a backdrop of stable macroeconomic conditions, the company anticipates an increase in total revenue.공시 • Dec 16+ 3 more updatesCTS Eventim AG & Co. KGaA to Report Q3, 2026 Results on Nov 19, 2026CTS Eventim AG & Co. KGaA announced that they will report Q3, 2026 results on Nov 19, 2026공시 • Nov 22CTS EVENTIM AG & Co. KGaA Announces CFO ChangesCTS Eventim AG & Co. KGaA has appointed William Willms, a proven finance and transformation expert and long-standing CFO of Lufthansa Technik AG, as its new Chief Financial Officer, effective 1 January 2026. He succeeds Holger Hohrein, who, as previously announced, will leave the company at the end of the year. William Willms, who holds a doctorate in law, brings more than two decades of international leadership experience in finance, strategy and transformation functions. Most recently he was Chief Financial Officer at Lufthansa Technik AG, where his responsibilities included accounting and finance, risk management, legal affairs, auditing and compliance, as well as IT and digitalisation. During his time as CFO, Lufthansa Technik achieved record results in recent years and successfully implemented a comprehensive growth and digitalisation programme. Previously, William Willms was Executive Vice President Group Strategy and M&A at Deutsche Lufthansa AG and a member of the Group Executive Committee. In this role, he managed group-wide transformation initiatives, portfolio adjustments and the strategic development of the Lufthansa Group, and played a key role in government stabilisation measures during the coronavirus pandemic.공시 • Aug 17CTS Eventim AG & Co. KGaA Appoints Karl Pitrich as Senior Vice President Software Engineering, Effective 18 August 2025CTS Eventim AG & Co. KGaA announced that it expands its product & tech leadership team: Karl Pitrich will take on the newly created role of Senior Vice President Software Engineering as of 18 August 2025. Karl Pitrich will report to Karel Dörner, CTO of CTS EVENTIM. As the new SVP Software Engineering, Karl Pitrich will take responsibility for the majority of the company’s software developers and further develop their organisation both functionally and structurally. In addition, together with CPO Thorsten Schäffler, he will drive the strategic establishment and expansion of cross-functional Product & Tech product teams. Karl Pitrich brings more than 20 years of experience building high-performance engineering teams, along with deep expertise in technology, leadership and talent development. After holding several founder roles as well as positions at various software and e-commerce providers, he became Head of Engineering at HolidayCheck in 2014. In 2017, he joined McKinsey as a Digital Expert Associate Partner. For the past four years, he served as CTO of Mister Spex, where he was responsible for the company’s overall technology strategy.공시 • Apr 10CTS Eventim AG & Co. KGaA, Annual General Meeting, May 21, 2025CTS Eventim AG & Co. KGaA, Annual General Meeting, May 21, 2025, at 10:00 W. Europe Standard Time.공시 • Mar 28CTS Eventim AG & Co. KGaA announces Annual dividend, payable on May 26, 2025CTS Eventim AG & Co. KGaA announced Annual dividend of EUR 1.6600 per share payable on May 26, 2025, ex-date on May 22, 2025 and record date on May 23, 2025.공시 • Jan 16CTS EVENTIM Appoints Luca Martinazzoli as Managing Director of Arena MilanoCTS EVENTIM has appointed Luca Martinazzoli as Managing Director of Arena Milano, effective 1 January 2025. In this capacity, he is responsible for operational management, business development, and positioning the venue as Italy’s leading cultural and entertainment destination. He is now focusing on building a strong and capable team to drive the arena’s success. Luca Martinazzoli reports to Klaus-Peter Schulenberg, CEO of CTS EVENTIM. Located in Milan, a city celebrated for its dynamic cultural and economic landscape, Arena Milano is scheduled for completion by the end of this year. The venue will host the ice hockey competitions during the Olympic Winter Games Milano Cortina 2026, with concerts and major events commencing in spring 2026. Designed to meet the highest standards of international live entertainment and sports, the arena will redefine the experience for audiences and performers alike. Luca Martinazzoli brings extensive leadership experience across globally renowned organizations. He served as General Manager at Milano & Partners, Municipality’s destination agency, where he enhanced the city’s global reputation as a destination for tourists, large events, talents, start-ups and foreign direct investments. Prior to this, he was Head of City Marketing for the Municipality of Milan. His career also includes a decade at Nike, where he held senior roles such as Category Brand Director EMEA South and Football Brand Director EMEA. Most recently, he was Senior Director of Business Development & Strategy at New Guards Group overseeing operations for Off-White and Reebok EU. Luca Martinazzoli holds a Master’s degree in Urban Planning from UCLA and a degree in Economics for Arts, Culture, and Communication from Università Bocconi.공시 • Jan 07CTS Eventim AG & Co. KGaA Announces Executive ChangesCTS Eventim AG & Co. KGaA has appointed Marijke van den Bosch, currently CEO of See Tickets Benelux, to take responsibility for all ticketing activities of the CTS EVENTIM Group in the Benelux region, effective 1 January 2025. This includes the brands See Tickets and EVENTIM Netherlands. In her new role, Marijke van den Bosch will continue to report to Alexander Ruoff, COO of CTS EVENTIM. Henk Schuit, Managing Director of CTS EVENTIM Netherlands, stepped down at the end of 2024 by mutual agreement after 20 successful years with the company. He has decided to make way for new leadership and explore new directions in his career. During his tenure, Henk Schuit played a pivotal role in the growth and professionalization of CTS EVENTIM Netherlands. Under his leadership, the company became a leading player in the Dutch ticketing market, achieving significant milestones such as strengthening its position within the events sector, driving innovation, and fostering important collaborations within the industry. Marijke van den Bosch brings a wealth of experience to her new role, having held leadership positions in the ticketing industry for more than a decade. As CEO of See Tickets Benelux, she successfully oversaw significant growth and development, strengthening the company’s position across the region. Her proven expertise in management and her deep understanding of the industry make her ideally suited to lead the next chapter for CTS EVENTIM in Benelux.공시 • Dec 20+ 3 more updatesCTS Eventim AG & Co. KGaA to Report Q2, 2025 Results on Aug 21, 2025CTS Eventim AG & Co. KGaA announced that they will report Q2, 2025 results on Aug 21, 2025Reported Earnings • Aug 23Second quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2024 results: EPS: €0.60 (up from €0.43 in 2Q 2023). Revenue: €793.6m (up 21% from 2Q 2023). Net income: €57.7m (up 39% from 2Q 2023). Profit margin: 7.3% (up from 6.4% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 8.6%. Earnings per share (EPS) missed analyst estimates by 18%. Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Entertainment industry in Germany. Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.Buy Or Sell Opportunity • Aug 08Now 20% overvaluedOver the last 90 days, the stock has fallen 7.4% to €77.95. The fair value is estimated to be €64.75, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 70% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 6.0% per annum. Earnings are also forecast to grow by 5.1% per annum over the same time period.Reported Earnings • May 24First quarter 2024 earnings released: EPS: €0.70 (vs €0.46 in 1Q 2023)First quarter 2024 results: EPS: €0.70 (up from €0.46 in 1Q 2023). Revenue: €408.7m (up 12% from 1Q 2023). Net income: €67.5m (up 54% from 1Q 2023). Profit margin: 17% (up from 12% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Entertainment industry in Germany. Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • May 10Upcoming dividend of €1.43 per shareEligible shareholders must have bought the stock before 15 May 2024. Payment date: 17 May 2024. Payout ratio is a comfortable 50% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of German dividend payers (4.6%). In line with average of industry peers (1.7%).Price Target Changed • Apr 07Price target increased by 8.0% to €83.90Up from €77.67, the current price target is an average from 10 analysts. New target price is approximately in line with last closing price of €85.15. Stock is up 53% over the past year. The company is forecast to post earnings per share of €3.00 for next year compared to €2.86 last year.Price Target Changed • Apr 04Price target increased by 9.2% to €83.90Up from €76.80, the current price target is an average from 10 analysts. New target price is approximately in line with last closing price of €85.30. Stock is up 54% over the past year. The company is forecast to post earnings per share of €3.00 for next year compared to €2.86 last year.Buy Or Sell Opportunity • Apr 03Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 37% to €83.65. The fair value is estimated to be €69.50, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 78% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 5.1% per annum. Earnings are also forecast to grow by 6.1% per annum over the same time period.Declared Dividend • Mar 28Dividend increased to €1.43Dividend of €1.43 is 35% higher than last year. Ex-date: 15th May 2024 Payment date: 17th May 2024 Dividend yield will be 1.8%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (50% earnings payout ratio) and cash flows (30% cash payout ratio). The dividend has increased by an average of 16% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 12% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Mar 26Full year 2023 earnings: EPS and revenues exceed analyst expectationsFull year 2023 results: EPS: €2.86 (up from €2.12 in FY 2022). Revenue: €2.36b (up 23% from FY 2022). Net income: €274.6m (up 35% from FY 2022). Profit margin: 12% (up from 11% in FY 2022). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.3%. Earnings per share (EPS) also surpassed analyst estimates by 1.2%. Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 8.6% growth forecast for the Entertainment industry in Europe. Over the last 3 years on average, earnings per share has increased by 87% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.New Risk • Feb 08New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.06% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company.Buy Or Sell Opportunity • Jan 31Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 7.2% to €62.30. The fair value is estimated to be €51.78, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 78% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 3.9% per annum. Earnings are also forecast to grow by 0.2% per annum over the same time period.New Risk • Jan 09New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.2% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 0.2% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.공시 • Dec 22+ 4 more updatesCTS Eventim AG & Co. KGaA to Report Q3, 2024 Results on Nov 21, 2024CTS Eventim AG & Co. KGaA announced that they will report Q3, 2024 results on Nov 21, 2024공시 • Nov 23CTS Eventim AG & Co. KGaA (XTRA:EVD) and Sony Music Latin-Iberia acquired unknown majority stake in Punto Ticket S.A. and Teledistribución S.A.CTS Eventim AG & Co. KGaA (XTRA:EVD) and Sony Music Latin-Iberia acquired unknown majority stake in Punto Ticket S.A. and Teledistribución S.A. on November 21, 2023.CTS Eventim AG & Co. KGaA (XTRA:EVD) and Sony Music Latin-Iberia completed the acquisition of unknown majority stake in Punto Ticket S.A. and Teledistribución S.A. on November 21, 2023.Reported Earnings • Nov 17Third quarter 2023 earnings released: EPS: €1.25 (vs €0.65 in 3Q 2022)Third quarter 2023 results: EPS: €1.25 (up from €0.65 in 3Q 2022). Revenue: €729.3m (up 5.0% from 3Q 2022). Net income: €120.2m (up 92% from 3Q 2022). Profit margin: 17% (up from 9.0% in 3Q 2022). The increase in margin was primarily driven by higher revenue. Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 2.8% growth forecast for the Entertainment industry in Germany. Over the last 3 years on average, earnings per share has increased by 96% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.공시 • Oct 06CTS Eventim AG & Co. KGaA Provides Earnings Guidance for the Year 2023CTS Eventim AG & Co. KGaA provided earnings guidance for the year 2023. For the year, the company now expects the Group’s revenue for 2023 as a whole to be significantly higher than EUR 2 billion. This means that operating profit for 2023 will be up sharply compared with the prior-year figure, which itself had been at a high level thanks to catch-up effects resulting from the pandemic.Reported Earnings • Aug 25Second quarter 2023 earnings released: EPS: €0.43 (vs €0.57 in 2Q 2022)Second quarter 2023 results: EPS: €0.43 (down from €0.57 in 2Q 2022). Revenue: €654.7m (up 10.0% from 2Q 2022). Net income: €41.6m (down 25% from 2Q 2022). Profit margin: 6.4% (down from 9.3% in 2Q 2022). Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 2.2% growth forecast for the Entertainment industry in Germany. Over the last 3 years on average, earnings per share has increased by 92% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.Buying Opportunity • Aug 17Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 5.5%. The fair value is estimated to be €76.62, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 44% over the last 3 years. Earnings per share has grown by 75%. Revenue is forecast to grow by 0.6% in 2 years. Earnings is forecast to grow by 1.3% in the next 2 years.공시 • Aug 03CTS Eventim AG & Co. KGaA (XTRA:EVD) exercise call option to acquire additional 17% stake in Societe Reseau France Billet from Fnac Darty SA (ENXTPA:FNAC).CTS Eventim AG & Co. KGaA (XTRA:EVD) exercise call option to acquire additional 17% stake in Societe Reseau France Billet from Fnac Darty SA (ENXTPA:FNAC) on August 2, 2023. The transaction is subject to the necessary approval of the competition authorities. The closing is expected to take place within a few months.New Risk • Jul 06New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 11% Last year net profit margin: 24% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (11% net profit margin).New Risk • Jun 24New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 167% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results.Valuation Update With 7 Day Price Move • Jun 16Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to €59.50, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 18x in the Entertainment industry in Europe. Total returns to shareholders of 50% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €65.75 per share.Reported Earnings • May 25First quarter 2023 earnings released: EPS: €0.46 (vs €0.11 in 1Q 2022)First quarter 2023 results: EPS: €0.46 (up from €0.11 in 1Q 2022). Revenue: €366.2m (up 163% from 1Q 2022). Net income: €43.7m (up 299% from 1Q 2022). Profit margin: 12% (up from 7.9% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Entertainment industry in Germany. Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • May 10Upcoming dividend of €1.06 per shareEligible shareholders must have bought the stock before 17 May 2023. Payment date: 19 May 2023. The company last paid an ordinary dividend in March 2013. The average dividend yield among industry peers is 2.1%.Reported Earnings • Mar 24Full year 2022 earnings: EPS and revenues exceed analyst expectationsFull year 2022 results: EPS: €2.12 (up from €0.92 in FY 2021). Revenue: €1.93b (up 372% from FY 2021). Net income: €203.8m (up 132% from FY 2021). Profit margin: 11% (down from 22% in FY 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 5.6%. Earnings per share (EPS) also surpassed analyst estimates by 14%. Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Entertainment industry in Germany. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.공시 • Dec 17+ 4 more updatesCTS Eventim AG & Co. KGaA to Report Q1, 2023 Results on May 24, 2023CTS Eventim AG & Co. KGaA announced that they will report Q1, 2023 results on May 24, 2023Reported Earnings • Nov 19Third quarter 2022 earnings released: EPS: €0.65 (vs €0.047 in 3Q 2021)Third quarter 2022 results: EPS: €0.65 (up from €0.047 in 3Q 2021). Revenue: €694.4m (up €579.7m from 3Q 2021). Net income: €62.6m (up €58.1m from 3Q 2021). Profit margin: 9.0% (up from 3.9% in 3Q 2021). Revenue is forecast to grow 1.2% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Entertainment industry in Germany. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Nov 12Investor sentiment improved over the past weekAfter last week's 16% share price gain to €56.00, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 15x in the Entertainment industry in Europe. Total returns to shareholders of 6.0% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €48.15 per share.Buying Opportunity • Sep 24Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 22%. The fair value is estimated to be €56.14, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 46% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 11% per annum. Earnings is also forecast to grow by 21% per annum over the same time period.Reported Earnings • Aug 25Second quarter 2022 earnings released: EPS: €0.57 (vs €0.54 in 2Q 2021)Second quarter 2022 results: EPS: €0.57 (up from €0.54 in 2Q 2021). Revenue: €595.1m (up €549.5m from 2Q 2021). Net income: €55.2m (up 5.9% from 2Q 2021). Profit margin: 9.3% (down from 114% in 2Q 2021). Over the next year, revenue is forecast to grow 35%, compared to a 85,773% growth forecast for the Entertainment industry in Germany. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.Reported Earnings • May 25First quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2022 results: EPS: €0.11 (up from €0.26 loss in 1Q 2021). Revenue: €139.2m (up €119.6m from 1Q 2021). Net income: €11.0m (up €36.1m from 1Q 2021). Profit margin: 7.9% (up from net loss in 1Q 2021). Revenue missed analyst estimates by 7.2%. Earnings per share (EPS) exceeded analyst estimates by 502%. Over the next year, revenue is forecast to grow 158%, compared to a 180% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings.Buying Opportunity • Feb 15Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 1.1%. The fair value is estimated to be €80.71, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 54% per annum over the last 3 years. The company has become profitable over the last year.Reported Earnings • Nov 19Third quarter 2021 earnings releasedThe company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: €114.7m (up 279% from 3Q 2020). Net income: €4.52m (up €26.0m from 3Q 2020). Profit margin: 3.9% (up from net loss in 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 112 percentage points per year, which is a significant difference in performance.Reported Earnings • Aug 25Second quarter 2021 earnings released: EPS €0.54 (vs €0.43 loss in 2Q 2020)Second quarter 2021 results: Revenue: €45.7m (up 228% from 2Q 2020). Net income: €52.1m (up €93.0m from 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 88 percentage points per year, which is a significant difference in performance.Price Target Changed • Jun 05Price target increased to €52.60Up from €48.00, the current price target is an average from 5 analysts. New target price is 8.1% below last closing price of €57.26. Stock is up 31% over the past year.Reported Earnings • May 21First quarter 2021 earnings released: €0.26 loss per share (vs €0.006 profit in 1Q 2020)The company reported a poor first quarter result with weaker earnings, revenues and control over costs. First quarter 2021 results: Revenue: €19.6m (down 89% from 1Q 2020). Net loss: €25.2m (down €25.7m from profit in 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 74 percentage points per year, which is a significant difference in performance.Reported Earnings • Mar 25Full year 2020 earnings released: €0.86 loss per share (vs €1.39 profit in FY 2019)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: €256.8m (down 82% from FY 2019). Net loss: €82.3m (down 162% from profit in FY 2019). Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.Is New 90 Day High Low • Feb 16New 90-day high: €55.55The company is up 8.0% from its price of €51.20 on 18 November 2020. The German market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Entertainment industry, which is up 10.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €11.07 per share.Price Target Changed • Jan 05Price target raised to €44.20Up from €40.67, the current price target is an average from 5 analysts. The new target price is 16% below the current share price of €52.55. As of last close, the stock is down 9.9% over the past year.Is New 90 Day High Low • Dec 30New 90-day high: €53.55The company is up 29% from its price of €41.36 on 01 October 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Entertainment industry, which is up 24% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €18.15 per share.Is New 90 Day High Low • Dec 09New 90-day high: €52.60The company is up 22% from its price of €43.04 on 10 September 2020. The German market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Entertainment industry, which is up 19% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €15.94 per share.Reported Earnings • Nov 20Third quarter 2020 earnings released: €0.22 loss per shareThe company reported a poor third quarter result with weaker earnings, revenues and control over expenses. Third quarter 2020 results: Revenue: €30.2m (down 92% from 3Q 2019). Net loss: €21.5m (down 190% from profit in 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.Analyst Estimate Surprise Post Earnings • Nov 20Revenue behind estimatesRevenue missed analyst estimates by 45%. Earnings per share (EPS) were mostly in line with analyst estimates. Over the next year, revenue is forecast to grow 8.5% compared to a 34% decline forecast for the Entertainment industry in Germany.이익 및 매출 성장 예측DB:EVD - 애널리스트 향후 추정치 및 과거 재무 데이터 (EUR Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/20283,523387536681912/31/20273,3473554976291112/31/20263,1643224414931212/31/20253,07927786365N/A9/30/20252,929287338514N/A6/30/20252,900283228404N/A3/31/20252,898297229404N/A12/31/20242,809319330506N/A9/30/20242,635252193364N/A6/30/20242,540316508679N/A3/31/20242,401300467638N/A12/31/20232,359275459630N/A9/30/20232,248277410463N/A6/30/20232,213221171224N/A3/31/20232,153235265319N/A12/31/20221,926204293347N/A9/30/20221,657187192226N/A6/30/20221,077127498532N/A3/31/2022527124540575N/A12/31/202140888468503N/A9/30/202120811255271N/A6/30/2021124-15-24-7N/A3/31/202192-108-127-111N/A12/31/2020257-82-142-126N/A9/30/2020597-1144186N/A6/30/202094544193235N/A3/31/20201,34510788130N/A12/31/20191,44313399141N/A9/30/20191,394127N/A232N/A6/30/20191,332123N/A177N/A3/31/20191,250119N/A241N/A12/31/20181,242119N/A338N/A9/30/20181,212116N/A125N/A6/30/20181,152110N/A187N/A3/31/20181,101111N/A249N/A12/31/20171,034113N/A221N/A9/30/2017998109N/A293N/A6/30/2017897105N/A232N/A3/31/2017874104N/A175N/A12/31/201683095N/A154N/A9/30/201683388N/A100N/A6/30/201683689N/A100N/A3/31/201684689N/A125N/A12/31/201583489N/A92N/A9/30/201579884N/A141N/A6/30/201577083N/A184N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: EVD 의 연간 예상 수익 증가율(10.9%)이 saving rate(1.9%)보다 높습니다.수익 vs 시장: EVD 의 연간 수익(10.9%)이 German 시장(17%)보다 느리게 성장할 것으로 예상됩니다.고성장 수익: EVD 의 수입은 증가할 것으로 예상되지만 상당히 증가하지는 않을 것입니다.수익 대 시장: EVD 의 수익(연간 4.6%)이 German 시장(연간 6.8%)보다 느리게 성장할 것으로 예상됩니다.고성장 매출: EVD 의 수익(연간 4.6%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: EVD의 자본 수익률은 3년 후 23.6%로 높을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YMedia 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/21 19:24종가2026/05/21 00:00수익2025/12/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스CTS Eventim AG & Co. KGaA는 19명의 분석가가 다루고 있습니다. 이 중 12명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Volker BosseBaader Helvea Equity ResearchBernd KlantenBarclaysGerhard OrgonasBerenberg16명의 분석가 더 보기
공시 • Mar 28CTS Eventim AG & Co. KGaA Provides Revenue Guidance for 2026CTS Eventim AG & Co. KGaA provided revenue guidance for 2026. For the year, assuming a backdrop of stable macroeconomic conditions, the company anticipates an increase in total revenue.
Price Target Changed • Apr 07Price target increased by 8.0% to €83.90Up from €77.67, the current price target is an average from 10 analysts. New target price is approximately in line with last closing price of €85.15. Stock is up 53% over the past year. The company is forecast to post earnings per share of €3.00 for next year compared to €2.86 last year.
Price Target Changed • Apr 04Price target increased by 9.2% to €83.90Up from €76.80, the current price target is an average from 10 analysts. New target price is approximately in line with last closing price of €85.30. Stock is up 54% over the past year. The company is forecast to post earnings per share of €3.00 for next year compared to €2.86 last year.
공시 • Oct 06CTS Eventim AG & Co. KGaA Provides Earnings Guidance for the Year 2023CTS Eventim AG & Co. KGaA provided earnings guidance for the year 2023. For the year, the company now expects the Group’s revenue for 2023 as a whole to be significantly higher than EUR 2 billion. This means that operating profit for 2023 will be up sharply compared with the prior-year figure, which itself had been at a high level thanks to catch-up effects resulting from the pandemic.
Price Target Changed • Jun 05Price target increased to €52.60Up from €48.00, the current price target is an average from 5 analysts. New target price is 8.1% below last closing price of €57.26. Stock is up 31% over the past year.
Price Target Changed • Jan 05Price target raised to €44.20Up from €40.67, the current price target is an average from 5 analysts. The new target price is 16% below the current share price of €52.55. As of last close, the stock is down 9.9% over the past year.
Upcoming Dividend • May 21Upcoming dividend of €1.44 per shareEligible shareholders must have bought the stock before 28 May 2026. Payment date: 01 June 2026. Payout ratio is a comfortable 50% but the company is paying out more than the cash it is generating. Trailing yield: 2.6%. Lower than top quartile of German dividend payers (4.5%). In line with average of industry peers (2.6%).
공시 • Apr 17CTS Eventim AG & Co. KGaA announces Annual dividend, payable on June 01, 2026CTS Eventim AG & Co. KGaA announced Annual dividend of EUR 1.4400 per share payable on June 01, 2026, ex-date on May 28, 2026 and record date on May 29, 2026.
공시 • Apr 16CTS Eventim AG & Co. KGaA, Annual General Meeting, May 27, 2026CTS Eventim AG & Co. KGaA, Annual General Meeting, May 27, 2026, at 10:00 W. Europe Standard Time.
공시 • Mar 29CTS Eventim AG & Co. KGaA Proposes DividendIn view of the robust business performance, the CTS Eventim Executive Board and Supervisory Board’s proposal to the Annual Shareholders’ Meeting on 27 May 2026 will be to distribute EUR 138.2 million in dividends to shareholders. As usual, this equates to 50% of the Group’s net income or EUR 1.44 per share.
공시 • Mar 28CTS Eventim AG & Co. KGaA Provides Revenue Guidance for 2026CTS Eventim AG & Co. KGaA provided revenue guidance for 2026. For the year, assuming a backdrop of stable macroeconomic conditions, the company anticipates an increase in total revenue.
공시 • Dec 16+ 3 more updatesCTS Eventim AG & Co. KGaA to Report Q3, 2026 Results on Nov 19, 2026CTS Eventim AG & Co. KGaA announced that they will report Q3, 2026 results on Nov 19, 2026
공시 • Nov 22CTS EVENTIM AG & Co. KGaA Announces CFO ChangesCTS Eventim AG & Co. KGaA has appointed William Willms, a proven finance and transformation expert and long-standing CFO of Lufthansa Technik AG, as its new Chief Financial Officer, effective 1 January 2026. He succeeds Holger Hohrein, who, as previously announced, will leave the company at the end of the year. William Willms, who holds a doctorate in law, brings more than two decades of international leadership experience in finance, strategy and transformation functions. Most recently he was Chief Financial Officer at Lufthansa Technik AG, where his responsibilities included accounting and finance, risk management, legal affairs, auditing and compliance, as well as IT and digitalisation. During his time as CFO, Lufthansa Technik achieved record results in recent years and successfully implemented a comprehensive growth and digitalisation programme. Previously, William Willms was Executive Vice President Group Strategy and M&A at Deutsche Lufthansa AG and a member of the Group Executive Committee. In this role, he managed group-wide transformation initiatives, portfolio adjustments and the strategic development of the Lufthansa Group, and played a key role in government stabilisation measures during the coronavirus pandemic.
공시 • Aug 17CTS Eventim AG & Co. KGaA Appoints Karl Pitrich as Senior Vice President Software Engineering, Effective 18 August 2025CTS Eventim AG & Co. KGaA announced that it expands its product & tech leadership team: Karl Pitrich will take on the newly created role of Senior Vice President Software Engineering as of 18 August 2025. Karl Pitrich will report to Karel Dörner, CTO of CTS EVENTIM. As the new SVP Software Engineering, Karl Pitrich will take responsibility for the majority of the company’s software developers and further develop their organisation both functionally and structurally. In addition, together with CPO Thorsten Schäffler, he will drive the strategic establishment and expansion of cross-functional Product & Tech product teams. Karl Pitrich brings more than 20 years of experience building high-performance engineering teams, along with deep expertise in technology, leadership and talent development. After holding several founder roles as well as positions at various software and e-commerce providers, he became Head of Engineering at HolidayCheck in 2014. In 2017, he joined McKinsey as a Digital Expert Associate Partner. For the past four years, he served as CTO of Mister Spex, where he was responsible for the company’s overall technology strategy.
공시 • Apr 10CTS Eventim AG & Co. KGaA, Annual General Meeting, May 21, 2025CTS Eventim AG & Co. KGaA, Annual General Meeting, May 21, 2025, at 10:00 W. Europe Standard Time.
공시 • Mar 28CTS Eventim AG & Co. KGaA announces Annual dividend, payable on May 26, 2025CTS Eventim AG & Co. KGaA announced Annual dividend of EUR 1.6600 per share payable on May 26, 2025, ex-date on May 22, 2025 and record date on May 23, 2025.
공시 • Jan 16CTS EVENTIM Appoints Luca Martinazzoli as Managing Director of Arena MilanoCTS EVENTIM has appointed Luca Martinazzoli as Managing Director of Arena Milano, effective 1 January 2025. In this capacity, he is responsible for operational management, business development, and positioning the venue as Italy’s leading cultural and entertainment destination. He is now focusing on building a strong and capable team to drive the arena’s success. Luca Martinazzoli reports to Klaus-Peter Schulenberg, CEO of CTS EVENTIM. Located in Milan, a city celebrated for its dynamic cultural and economic landscape, Arena Milano is scheduled for completion by the end of this year. The venue will host the ice hockey competitions during the Olympic Winter Games Milano Cortina 2026, with concerts and major events commencing in spring 2026. Designed to meet the highest standards of international live entertainment and sports, the arena will redefine the experience for audiences and performers alike. Luca Martinazzoli brings extensive leadership experience across globally renowned organizations. He served as General Manager at Milano & Partners, Municipality’s destination agency, where he enhanced the city’s global reputation as a destination for tourists, large events, talents, start-ups and foreign direct investments. Prior to this, he was Head of City Marketing for the Municipality of Milan. His career also includes a decade at Nike, where he held senior roles such as Category Brand Director EMEA South and Football Brand Director EMEA. Most recently, he was Senior Director of Business Development & Strategy at New Guards Group overseeing operations for Off-White and Reebok EU. Luca Martinazzoli holds a Master’s degree in Urban Planning from UCLA and a degree in Economics for Arts, Culture, and Communication from Università Bocconi.
공시 • Jan 07CTS Eventim AG & Co. KGaA Announces Executive ChangesCTS Eventim AG & Co. KGaA has appointed Marijke van den Bosch, currently CEO of See Tickets Benelux, to take responsibility for all ticketing activities of the CTS EVENTIM Group in the Benelux region, effective 1 January 2025. This includes the brands See Tickets and EVENTIM Netherlands. In her new role, Marijke van den Bosch will continue to report to Alexander Ruoff, COO of CTS EVENTIM. Henk Schuit, Managing Director of CTS EVENTIM Netherlands, stepped down at the end of 2024 by mutual agreement after 20 successful years with the company. He has decided to make way for new leadership and explore new directions in his career. During his tenure, Henk Schuit played a pivotal role in the growth and professionalization of CTS EVENTIM Netherlands. Under his leadership, the company became a leading player in the Dutch ticketing market, achieving significant milestones such as strengthening its position within the events sector, driving innovation, and fostering important collaborations within the industry. Marijke van den Bosch brings a wealth of experience to her new role, having held leadership positions in the ticketing industry for more than a decade. As CEO of See Tickets Benelux, she successfully oversaw significant growth and development, strengthening the company’s position across the region. Her proven expertise in management and her deep understanding of the industry make her ideally suited to lead the next chapter for CTS EVENTIM in Benelux.
공시 • Dec 20+ 3 more updatesCTS Eventim AG & Co. KGaA to Report Q2, 2025 Results on Aug 21, 2025CTS Eventim AG & Co. KGaA announced that they will report Q2, 2025 results on Aug 21, 2025
Reported Earnings • Aug 23Second quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2024 results: EPS: €0.60 (up from €0.43 in 2Q 2023). Revenue: €793.6m (up 21% from 2Q 2023). Net income: €57.7m (up 39% from 2Q 2023). Profit margin: 7.3% (up from 6.4% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 8.6%. Earnings per share (EPS) missed analyst estimates by 18%. Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Entertainment industry in Germany. Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.
Buy Or Sell Opportunity • Aug 08Now 20% overvaluedOver the last 90 days, the stock has fallen 7.4% to €77.95. The fair value is estimated to be €64.75, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 70% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 6.0% per annum. Earnings are also forecast to grow by 5.1% per annum over the same time period.
Reported Earnings • May 24First quarter 2024 earnings released: EPS: €0.70 (vs €0.46 in 1Q 2023)First quarter 2024 results: EPS: €0.70 (up from €0.46 in 1Q 2023). Revenue: €408.7m (up 12% from 1Q 2023). Net income: €67.5m (up 54% from 1Q 2023). Profit margin: 17% (up from 12% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Entertainment industry in Germany. Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • May 10Upcoming dividend of €1.43 per shareEligible shareholders must have bought the stock before 15 May 2024. Payment date: 17 May 2024. Payout ratio is a comfortable 50% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of German dividend payers (4.6%). In line with average of industry peers (1.7%).
Price Target Changed • Apr 07Price target increased by 8.0% to €83.90Up from €77.67, the current price target is an average from 10 analysts. New target price is approximately in line with last closing price of €85.15. Stock is up 53% over the past year. The company is forecast to post earnings per share of €3.00 for next year compared to €2.86 last year.
Price Target Changed • Apr 04Price target increased by 9.2% to €83.90Up from €76.80, the current price target is an average from 10 analysts. New target price is approximately in line with last closing price of €85.30. Stock is up 54% over the past year. The company is forecast to post earnings per share of €3.00 for next year compared to €2.86 last year.
Buy Or Sell Opportunity • Apr 03Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 37% to €83.65. The fair value is estimated to be €69.50, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 78% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 5.1% per annum. Earnings are also forecast to grow by 6.1% per annum over the same time period.
Declared Dividend • Mar 28Dividend increased to €1.43Dividend of €1.43 is 35% higher than last year. Ex-date: 15th May 2024 Payment date: 17th May 2024 Dividend yield will be 1.8%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (50% earnings payout ratio) and cash flows (30% cash payout ratio). The dividend has increased by an average of 16% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 12% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Mar 26Full year 2023 earnings: EPS and revenues exceed analyst expectationsFull year 2023 results: EPS: €2.86 (up from €2.12 in FY 2022). Revenue: €2.36b (up 23% from FY 2022). Net income: €274.6m (up 35% from FY 2022). Profit margin: 12% (up from 11% in FY 2022). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.3%. Earnings per share (EPS) also surpassed analyst estimates by 1.2%. Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 8.6% growth forecast for the Entertainment industry in Europe. Over the last 3 years on average, earnings per share has increased by 87% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.
New Risk • Feb 08New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.06% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company.
Buy Or Sell Opportunity • Jan 31Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 7.2% to €62.30. The fair value is estimated to be €51.78, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 78% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 3.9% per annum. Earnings are also forecast to grow by 0.2% per annum over the same time period.
New Risk • Jan 09New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.2% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 0.2% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
공시 • Dec 22+ 4 more updatesCTS Eventim AG & Co. KGaA to Report Q3, 2024 Results on Nov 21, 2024CTS Eventim AG & Co. KGaA announced that they will report Q3, 2024 results on Nov 21, 2024
공시 • Nov 23CTS Eventim AG & Co. KGaA (XTRA:EVD) and Sony Music Latin-Iberia acquired unknown majority stake in Punto Ticket S.A. and Teledistribución S.A.CTS Eventim AG & Co. KGaA (XTRA:EVD) and Sony Music Latin-Iberia acquired unknown majority stake in Punto Ticket S.A. and Teledistribución S.A. on November 21, 2023.CTS Eventim AG & Co. KGaA (XTRA:EVD) and Sony Music Latin-Iberia completed the acquisition of unknown majority stake in Punto Ticket S.A. and Teledistribución S.A. on November 21, 2023.
Reported Earnings • Nov 17Third quarter 2023 earnings released: EPS: €1.25 (vs €0.65 in 3Q 2022)Third quarter 2023 results: EPS: €1.25 (up from €0.65 in 3Q 2022). Revenue: €729.3m (up 5.0% from 3Q 2022). Net income: €120.2m (up 92% from 3Q 2022). Profit margin: 17% (up from 9.0% in 3Q 2022). The increase in margin was primarily driven by higher revenue. Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 2.8% growth forecast for the Entertainment industry in Germany. Over the last 3 years on average, earnings per share has increased by 96% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
공시 • Oct 06CTS Eventim AG & Co. KGaA Provides Earnings Guidance for the Year 2023CTS Eventim AG & Co. KGaA provided earnings guidance for the year 2023. For the year, the company now expects the Group’s revenue for 2023 as a whole to be significantly higher than EUR 2 billion. This means that operating profit for 2023 will be up sharply compared with the prior-year figure, which itself had been at a high level thanks to catch-up effects resulting from the pandemic.
Reported Earnings • Aug 25Second quarter 2023 earnings released: EPS: €0.43 (vs €0.57 in 2Q 2022)Second quarter 2023 results: EPS: €0.43 (down from €0.57 in 2Q 2022). Revenue: €654.7m (up 10.0% from 2Q 2022). Net income: €41.6m (down 25% from 2Q 2022). Profit margin: 6.4% (down from 9.3% in 2Q 2022). Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 2.2% growth forecast for the Entertainment industry in Germany. Over the last 3 years on average, earnings per share has increased by 92% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.
Buying Opportunity • Aug 17Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 5.5%. The fair value is estimated to be €76.62, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 44% over the last 3 years. Earnings per share has grown by 75%. Revenue is forecast to grow by 0.6% in 2 years. Earnings is forecast to grow by 1.3% in the next 2 years.
공시 • Aug 03CTS Eventim AG & Co. KGaA (XTRA:EVD) exercise call option to acquire additional 17% stake in Societe Reseau France Billet from Fnac Darty SA (ENXTPA:FNAC).CTS Eventim AG & Co. KGaA (XTRA:EVD) exercise call option to acquire additional 17% stake in Societe Reseau France Billet from Fnac Darty SA (ENXTPA:FNAC) on August 2, 2023. The transaction is subject to the necessary approval of the competition authorities. The closing is expected to take place within a few months.
New Risk • Jul 06New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 11% Last year net profit margin: 24% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (11% net profit margin).
New Risk • Jun 24New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 167% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results.
Valuation Update With 7 Day Price Move • Jun 16Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to €59.50, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 18x in the Entertainment industry in Europe. Total returns to shareholders of 50% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €65.75 per share.
Reported Earnings • May 25First quarter 2023 earnings released: EPS: €0.46 (vs €0.11 in 1Q 2022)First quarter 2023 results: EPS: €0.46 (up from €0.11 in 1Q 2022). Revenue: €366.2m (up 163% from 1Q 2022). Net income: €43.7m (up 299% from 1Q 2022). Profit margin: 12% (up from 7.9% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Entertainment industry in Germany. Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • May 10Upcoming dividend of €1.06 per shareEligible shareholders must have bought the stock before 17 May 2023. Payment date: 19 May 2023. The company last paid an ordinary dividend in March 2013. The average dividend yield among industry peers is 2.1%.
Reported Earnings • Mar 24Full year 2022 earnings: EPS and revenues exceed analyst expectationsFull year 2022 results: EPS: €2.12 (up from €0.92 in FY 2021). Revenue: €1.93b (up 372% from FY 2021). Net income: €203.8m (up 132% from FY 2021). Profit margin: 11% (down from 22% in FY 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 5.6%. Earnings per share (EPS) also surpassed analyst estimates by 14%. Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Entertainment industry in Germany. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.
공시 • Dec 17+ 4 more updatesCTS Eventim AG & Co. KGaA to Report Q1, 2023 Results on May 24, 2023CTS Eventim AG & Co. KGaA announced that they will report Q1, 2023 results on May 24, 2023
Reported Earnings • Nov 19Third quarter 2022 earnings released: EPS: €0.65 (vs €0.047 in 3Q 2021)Third quarter 2022 results: EPS: €0.65 (up from €0.047 in 3Q 2021). Revenue: €694.4m (up €579.7m from 3Q 2021). Net income: €62.6m (up €58.1m from 3Q 2021). Profit margin: 9.0% (up from 3.9% in 3Q 2021). Revenue is forecast to grow 1.2% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Entertainment industry in Germany. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Nov 12Investor sentiment improved over the past weekAfter last week's 16% share price gain to €56.00, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 15x in the Entertainment industry in Europe. Total returns to shareholders of 6.0% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €48.15 per share.
Buying Opportunity • Sep 24Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 22%. The fair value is estimated to be €56.14, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 46% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 11% per annum. Earnings is also forecast to grow by 21% per annum over the same time period.
Reported Earnings • Aug 25Second quarter 2022 earnings released: EPS: €0.57 (vs €0.54 in 2Q 2021)Second quarter 2022 results: EPS: €0.57 (up from €0.54 in 2Q 2021). Revenue: €595.1m (up €549.5m from 2Q 2021). Net income: €55.2m (up 5.9% from 2Q 2021). Profit margin: 9.3% (down from 114% in 2Q 2021). Over the next year, revenue is forecast to grow 35%, compared to a 85,773% growth forecast for the Entertainment industry in Germany. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
Reported Earnings • May 25First quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2022 results: EPS: €0.11 (up from €0.26 loss in 1Q 2021). Revenue: €139.2m (up €119.6m from 1Q 2021). Net income: €11.0m (up €36.1m from 1Q 2021). Profit margin: 7.9% (up from net loss in 1Q 2021). Revenue missed analyst estimates by 7.2%. Earnings per share (EPS) exceeded analyst estimates by 502%. Over the next year, revenue is forecast to grow 158%, compared to a 180% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings.
Buying Opportunity • Feb 15Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 1.1%. The fair value is estimated to be €80.71, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 54% per annum over the last 3 years. The company has become profitable over the last year.
Reported Earnings • Nov 19Third quarter 2021 earnings releasedThe company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: €114.7m (up 279% from 3Q 2020). Net income: €4.52m (up €26.0m from 3Q 2020). Profit margin: 3.9% (up from net loss in 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 112 percentage points per year, which is a significant difference in performance.
Reported Earnings • Aug 25Second quarter 2021 earnings released: EPS €0.54 (vs €0.43 loss in 2Q 2020)Second quarter 2021 results: Revenue: €45.7m (up 228% from 2Q 2020). Net income: €52.1m (up €93.0m from 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 88 percentage points per year, which is a significant difference in performance.
Price Target Changed • Jun 05Price target increased to €52.60Up from €48.00, the current price target is an average from 5 analysts. New target price is 8.1% below last closing price of €57.26. Stock is up 31% over the past year.
Reported Earnings • May 21First quarter 2021 earnings released: €0.26 loss per share (vs €0.006 profit in 1Q 2020)The company reported a poor first quarter result with weaker earnings, revenues and control over costs. First quarter 2021 results: Revenue: €19.6m (down 89% from 1Q 2020). Net loss: €25.2m (down €25.7m from profit in 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 74 percentage points per year, which is a significant difference in performance.
Reported Earnings • Mar 25Full year 2020 earnings released: €0.86 loss per share (vs €1.39 profit in FY 2019)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: €256.8m (down 82% from FY 2019). Net loss: €82.3m (down 162% from profit in FY 2019). Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.
Is New 90 Day High Low • Feb 16New 90-day high: €55.55The company is up 8.0% from its price of €51.20 on 18 November 2020. The German market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Entertainment industry, which is up 10.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €11.07 per share.
Price Target Changed • Jan 05Price target raised to €44.20Up from €40.67, the current price target is an average from 5 analysts. The new target price is 16% below the current share price of €52.55. As of last close, the stock is down 9.9% over the past year.
Is New 90 Day High Low • Dec 30New 90-day high: €53.55The company is up 29% from its price of €41.36 on 01 October 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Entertainment industry, which is up 24% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €18.15 per share.
Is New 90 Day High Low • Dec 09New 90-day high: €52.60The company is up 22% from its price of €43.04 on 10 September 2020. The German market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Entertainment industry, which is up 19% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €15.94 per share.
Reported Earnings • Nov 20Third quarter 2020 earnings released: €0.22 loss per shareThe company reported a poor third quarter result with weaker earnings, revenues and control over expenses. Third quarter 2020 results: Revenue: €30.2m (down 92% from 3Q 2019). Net loss: €21.5m (down 190% from profit in 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.
Analyst Estimate Surprise Post Earnings • Nov 20Revenue behind estimatesRevenue missed analyst estimates by 45%. Earnings per share (EPS) were mostly in line with analyst estimates. Over the next year, revenue is forecast to grow 8.5% compared to a 34% decline forecast for the Entertainment industry in Germany.