What Is Warner Music Group Corp.'s (NASDAQ:WMG) Share Price Doing?
Dec 20
Have your own idea? Try our Stock Screener
U.S. Movies and Entertainment Industry Analysis
UpdatedDec 21, 2024
DataAggregated Company Financials
Companies118
- 7D-1.9%
- 3M24.1%
- 1Y53.9%
- YTDn/a
Over the last 7 days, the Movies and Entertainment industry has dropped 1.9%, driven by declines in Spotify Technology and Netflix of 4.6% and 1.1%, respectively. This takes the industry's 12 month performance to a gain of 54%. Earnings are forecast to grow by 25% annually.
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 |
|---|---|---|---|---|---|---|
| Sun, 22 Dec 2024 | US$860.8b | US$248.8b | US$3.5b | 23x | 243.2x | 3.5x |
| Tue, 19 Nov 2024 | US$821.8b | US$249.1b | US$3.7b | 41.4x | 223.5x | 3.3x |
| Thu, 17 Oct 2024 | US$716.6b | US$245.9b | US$1.5b | 33.7x | 493.6x | 2.9x |
| Sat, 14 Sep 2024 | US$675.9b | US$246.2b | US$1.5b | 27.9x | 462x | 2.7x |
| Mon, 12 Aug 2024 | US$646.1b | US$246.2b | US$1.9b | 27.8x | 343.9x | 2.6x |
| Wed, 10 Jul 2024 | US$671.1b | US$239.3b | US$6.3b | 27.4x | 105.9x | 2.8x |
| Fri, 07 Jun 2024 | US$683.6b | US$242.9b | US$6.7b | 26.8x | 101.6x | 2.8x |
| Sun, 05 May 2024 | US$669.0b | US$242.4b | US$7.7b | 22.4x | 86.6x | 2.8x |
| Tue, 02 Apr 2024 | US$688.4b | US$239.8b | US$6.1b | 21.3x | 112.2x | 2.9x |
| Thu, 29 Feb 2024 | US$653.5b | US$238.3b | US$6.4b | 28.5x | 102.3x | 2.7x |
| Sat, 27 Jan 2024 | US$617.0b | US$237.0b | US$4.1b | 20.3x | 150.3x | 2.6x |
| Mon, 25 Dec 2023 | US$575.9b | US$237.1b | US$3.2b | 19.7x | 181.6x | 2.4x |
| Wed, 22 Nov 2023 | US$567.4b | US$236.8b | US$3.1b | 21.2x | 183.5x | 2.4x |
| Fri, 20 Oct 2023 | US$492.2b | US$229.6b | -US$1,668,817,095.00 | 17.7x | -294.9x | 2.1x |
| Sun, 17 Sep 2023 | US$498.7b | US$228.0b | -US$2,313,161,760.00 | 14.8x | -215.6x | 2.2x |
| Tue, 15 Aug 2023 | US$517.3b | US$229.3b | -US$2,774,168,875.00 | 25.6x | -186.5x | 2.3x |
| Thu, 13 Jul 2023 | US$526.9b | US$222.7b | -US$3,427,876,919.00 | 20.8x | -153.7x | 2.4x |
| Sat, 10 Jun 2023 | US$514.1b | US$222.2b | -US$3,400,674,303.00 | 20.3x | -151.2x | 2.3x |
| Mon, 08 May 2023 | US$482.4b | US$220.8b | -US$3,923,908,487.00 | 30.8x | -122.9x | 2.2x |
| Wed, 05 Apr 2023 | US$494.7b | US$210.2b | -US$1,581,561,957.00 | 27.6x | -312.8x | 2.4x |
| Fri, 03 Mar 2023 | US$475.5b | US$209.8b | -US$2,123,280,520.00 | 31.5x | -224x | 2.3x |
| Sun, 29 Jan 2023 | US$509.1b | US$198.1b | US$203.0m | 32.1x | 2507.8x | 2.6x |
| Tue, 27 Dec 2022 | US$409.0b | US$197.3b | US$748.1m | 26x | 546.7x | 2.1x |
| Thu, 24 Nov 2022 | US$430.0b | US$196.7b | US$632.0m | 27.1x | 680.4x | 2.2x |
| Sat, 22 Oct 2022 | US$437.8b | US$183.5b | US$4.8b | 23.9x | 90.9x | 2.4x |
| Mon, 19 Sep 2022 | US$436.6b | US$183.5b | US$4.8b | 21.8x | 90.6x | 2.4x |
| Wed, 17 Aug 2022 | US$484.2b | US$183.3b | US$4.4b | 23.3x | 109x | 2.6x |
| Fri, 15 Jul 2022 | US$361.6b | US$160.3b | US$7.6b | 25.6x | 47.3x | 2.3x |
| Sun, 12 Jun 2022 | US$381.4b | US$160.9b | US$7.7b | 28.8x | 49.6x | 2.4x |
| Tue, 10 May 2022 | US$404.0b | US$156.5b | US$7.7b | 24x | 52.6x | 2.6x |
| Thu, 07 Apr 2022 | US$511.5b | US$143.0b | US$6.4b | 25.6x | 80.1x | 3.6x |
| Sat, 05 Mar 2022 | US$521.6b | US$144.1b | US$6.5b | 31.4x | 80.4x | 3.6x |
| Mon, 31 Jan 2022 | US$541.1b | US$136.3b | US$5.1b | 41.7x | 105.5x | 4x |
| Wed, 29 Dec 2021 | US$698.1b | US$135.3b | US$5.1b | 59.2x | 137.5x | 5.2x |
Price to Earnings Ratio
137.5x
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 243x which is higher than its 3-year average PE of -41.5x.
- The 3-year average PS ratio of 2.7x is lower than the industry's current PS ratio of 3.5x.
Past Earnings Growth
- The earnings for companies in the Movies and Entertainment industry have declined 11% per year over the last three years.
- Meanwhile revenues for these companies have grown 23% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Comparison
How does U.S. Movies and Entertainment compare with similar industries?
| US Market | -2.39% | |
| Telecom | -2.39% | |
| Entertainment | -2.13% | |
| Movies and Entertainment | -1.86% | |
| Interactive Home Entertainment | -3.46% | |
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 | |
|---|---|---|---|---|---|
| EDR Endeavor Group Holdings | US$31.21 | 1.5% +US$141.8m | 32.6% | PE109.2x | |
| TKO TKO Group Holdings | US$143.54 | 1.1% +US$131.5m | 82.1% | PS4.2x | |
| SPHR Sphere Entertainment | US$38.70 | 2.4% +US$31.9m | 12.8% | PS1.2x | |
| LVO LiveOne | US$1.22 | 19.6% +US$19.1m | 0.8% | PS0.9x | |
| RSVR Reservoir Media | US$9.26 | 2.3% +US$13.7m | 31.9% | PS4x |