Live Nation Entertainment, Inc. operates as a live entertainment company. More Details
No risks detected for 3LN from our risk checks.
High growth potential and slightly overvalued.
Share Price & News
How has Live Nation Entertainment's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 3LN has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: 3LN matched the German Entertainment industry which returned -31.3% over the past year.
Return vs Market: 3LN underperformed the German Market which returned -6.6% over the past year.
Price Volatility Vs. Market
How volatile is Live Nation Entertainment's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Live Nation Entertainment undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 3LN (€42.46) is trading below our estimate of fair value (€53.77)
Significantly Below Fair Value: 3LN is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 3LN is unprofitable, so we can't compare its PE Ratio to the XE Entertainment industry average.
PE vs Market: 3LN is unprofitable, so we can't compare its PE Ratio to the German market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 3LN's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 3LN is overvalued based on its PB Ratio (30.8x) compared to the DE Entertainment industry average (1.3x).
How is Live Nation Entertainment forecast to perform in the next 1 to 3 years based on estimates from 13 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 3LN is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.2%).
Earnings vs Market: 3LN is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: 3LN's is expected to become profitable in the next 3 years.
Revenue vs Market: 3LN's revenue (35% per year) is forecast to grow faster than the German market (5.9% per year).
High Growth Revenue: 3LN's revenue (35% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 3LN is forecast to be unprofitable in 3 years.
How has Live Nation Entertainment performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 3LN is currently unprofitable.
Growing Profit Margin: 3LN is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 3LN is unprofitable, and losses have increased over the past 5 years at a rate of 30.4% per year.
Accelerating Growth: Unable to compare 3LN's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 3LN is unprofitable, making it difficult to compare its past year earnings growth to the Entertainment industry (44.5%).
Return on Equity
High ROE: 3LN has a negative Return on Equity (-75.08%), as it is currently unprofitable.
How is Live Nation Entertainment's financial position?
Financial Position Analysis
Short Term Liabilities: 3LN's short term assets ($4.4B) exceed its short term liabilities ($3.5B).
Long Term Liabilities: 3LN's short term assets ($4.4B) do not cover its long term liabilities ($7.1B).
Debt to Equity History and Analysis
Debt Level: 3LN's debt to equity ratio (484.4%) is considered high.
Reducing Debt: 3LN's debt to equity ratio has increased from 120% to 484.4% over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 3LN has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 3LN has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
What is Live Nation Entertainment current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 3LN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 3LN's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 3LN's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 3LN's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 3LN's dividend in 3 years as they are not forecast to pay a notable one for the German market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Michael Rapino (54 yo)
Mr. Michael Rapino has been the Chief Executive Officer and President of Live Nation Entertainment, Inc. since August 2005. Mr. Rapino serves as Chief Executive Officer and President at Live Nation Merchan ...
CEO Compensation Analysis
Compensation vs Market: Michael's total compensation ($USD14.56M) is above average for companies of similar size in the German market ($USD5.19M).
Compensation vs Earnings: Michael's compensation has increased whilst the company is unprofitable.
|Chief Financial Officer||13.08yrs||US$2.94m||0.12% |
|Chief Accounting Officer & Senior VP||12.83yrs||US$616.91k||0.0046% |
|Executive VP||14.58yrs||US$2.05m||0.091% |
|Senior Vice President of Investor Relations||no data||no data||no data|
|Chief Communications Officer||5.08yrs||no data||no data|
|Executive VP & Head of Integrated Marketing||2.17yrs||no data||no data|
|Chief Operating Officer of US Concerts||no data||no data||no data|
|Senior Vice President of Field Services - Los Angeles||no data||no data||no data|
|President of Sponsorship & Advertising Division||no data||no data||no data|
|Chairman of Global Music Group & President of Global Touring Division||15.75yrs||no data||no data|
Experienced Management: 3LN's management team is seasoned and experienced (13 years average tenure).
|Independent Director||15.75yrs||US$255.58k||0.066% |
|Independent Director||13.08yrs||US$258.58k||0.045% |
|Independent Director||14.83yrs||US$276.58k||0.032% |
|Non-Executive Chairman of the Board||7.58yrs||US$379.28k||0.045% |
|Independent Director||2.33yrs||US$258.58k||0.0059% |
|Independent Director||13.08yrs||US$246.58k||0.0032% |
|Independent Director||11.92yrs||US$252.58k||0.021% |
|Independent Director||2.33yrs||US$237.58k||0.0048% |
|Independent Director||5.83yrs||US$252.58k||0.014% |
|Independent Director||1.83yrs||US$237.58k||0.0048% |
|Independent Director||0.33yr||no data||0.0021% |
Experienced Board: 3LN's board of directors are considered experienced (9.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Live Nation Entertainment, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Live Nation Entertainment, Inc.
- Ticker: 3LN
- Exchange: DB
- Founded: 2005
- Industry: Movies and Entertainment
- Sector: Media
- Market Cap: US$10.536b
- Listing Market Cap: US$9.041b
- Shares outstanding: 212.13m
- Website: https://www.livenationentertainment.com
Number of Employees
- Live Nation Entertainment, Inc.
- 9348 Civic Center Drive
- Beverly Hills
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|LYV||NYSE (New York Stock Exchange)||Yes||Common Stock||US||USD||Dec 2005|
|3LN||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Dec 2005|
|0JVD||LSE (London Stock Exchange)||Yes||Common Stock||GB||USD||Dec 2005|
|LYV *||BMV (Bolsa Mexicana de Valores)||Yes||Common Stock||MX||MXN||Dec 2005|
|L1YV34||BOVESPA (Bolsa de Valores de Sao Paulo)||BDR EACH 5 REPR 1 COM NPV||BR||BRL||Oct 2020|
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 ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/30 20:58|
|End of Day Share Price||2020/10/29 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.