8T6 Stock Overview
Believe S.A. provides digital music services for independent labels and local artists in France, Germany, rest of Europe, the Americas, Asia, Oceania, and Pacific.
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 4/6 |
| Past Performance | 0/6 |
| Financial Health | 4/6 |
| Dividends | 0/6 |
Rewards
Risk Analysis
No risks detected for 8T6 from our risk checks.
Believe S.A. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | €14.86 |
| 52 Week High | €16.58 |
| 52 Week Low | €7.66 |
| Beta | 1.4 |
| 1 Month Change | 0.13% |
| 3 Month Change | 4.50% |
| 1 Year Change | 22.20% |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | -14.10% |
Recent News & Updates
Recent updates
Shareholder Returns
| 8T6 | DE Entertainment | DE Market | |
|---|---|---|---|
| 7D | 0.3% | -2.1% | 2.5% |
| 1Y | 22.2% | 30.9% | 6.0% |
Return vs Industry: 8T6 underperformed the German Entertainment industry which returned 30.9% over the past year.
Return vs Market: 8T6 exceeded the German Market which returned 6% over the past year.
Price Volatility
| 8T6 volatility | |
|---|---|
| 8T6 Average Weekly Movement | 5.2% |
| Entertainment Industry Average Movement | 5.7% |
| Market Average Movement | 4.9% |
| 10% most volatile stocks in DE Market | 10.3% |
| 10% least volatile stocks in DE Market | 2.4% |
Stable Share Price: 8T6's share price has been volatile over the past 3 months.
Volatility Over Time: 8T6's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2005 | 1,850 | Denis Ladegaillerie | www.believe.com |
Believe S.A. provides digital music services for independent labels and local artists in France, Germany, rest of Europe, the Americas, Asia, Oceania, and Pacific. It operates through two segments, Premium Solutions and Automated Solutions. The company engages in the sale, promotion, and delivery of digital content provided by artists and labels by developing their catalog on digital platforms and social media; administration of copyrights; provision of synchronization services comprising the use of recorded music in advertising, films and series, video games and television; and organization of musical events.
Believe S.A. Fundamentals Summary
| 8T6 fundamental statistics | |
|---|---|
| Market cap | €1.46b |
| Earnings (TTM) | -€5.48m |
| Revenue (TTM) | €880.31m |
1.7x
P/S Ratio-266.1x
P/E RatioIs 8T6 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 8T6 income statement (TTM) | |
|---|---|
| Revenue | €880.31m |
| Cost of Revenue | €652.60m |
| Gross Profit | €227.71m |
| Other Expenses | €233.19m |
| Earnings | -€5.48m |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
Aug 01, 2024
| Earnings per share (EPS) | -0.057 |
| Gross Margin | 25.87% |
| Net Profit Margin | -0.62% |
| Debt/Equity Ratio | 0.5% |
How did 8T6 perform over the long term?
See historical performance and comparison