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Believe DB:8T6 Stock Report

Last Price

€14.40

Market Cap

€1.5b

7D

3.0%

1Y

44.7%

Updated

25 Nov, 2024

Data

Company Financials +

8T6 Stock Overview

Provides digital music services for independent labels and local artists in France, Germany, rest of Europe, the Americas, Asia, Oceania, and Pacific. More details

8T6 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth4/6
Past Performance0/6
Financial Health4/6
Dividends0/6

Believe S.A. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Believe
Historical stock prices
Current Share Price€14.40
52 Week High€16.58
52 Week Low€8.71
Beta1.3
11 Month Change-2.70%
3 Month Change-2.57%
1 Year Change44.72%
33 Year Change-20.44%
5 Year Changen/a
Change since IPO-16.76%

Recent News & Updates

Recent updates

Shareholder Returns

8T6DE EntertainmentDE Market
7D3.0%-5.1%0.2%
1Y44.7%35.8%8.5%

Return vs Industry: 8T6 exceeded the German Entertainment industry which returned 35.8% over the past year.

Return vs Market: 8T6 exceeded the German Market which returned 8.5% over the past year.

Price Volatility

Is 8T6's price volatile compared to industry and market?
8T6 volatility
8T6 Average Weekly Movement3.9%
Entertainment Industry Average Movement9.0%
Market Average Movement4.8%
10% most volatile stocks in DE Market10.9%
10% least volatile stocks in DE Market2.3%

Stable Share Price: 8T6 has not had significant price volatility in the past 3 months compared to the German market.

Volatility Over Time: 8T6's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20051,850Denis Ladegailleriewww.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

How do Believe's earnings and revenue compare to its market cap?
8T6 fundamental statistics
Market cap€1.47b
Earnings (TTM)-€13.38m
Revenue (TTM)€939.03m

1.6x

P/S Ratio

-110.0x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
8T6 income statement (TTM)
Revenue€939.03m
Cost of Revenue€697.17m
Gross Profit€241.85m
Other Expenses€255.23m
Earnings-€13.38m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

Mar 13, 2025

Earnings per share (EPS)-0.13
Gross Margin25.76%
Net Profit Margin-1.43%
Debt/Equity Ratio8.1%

How did 8T6 perform over the long term?

See historical performance and comparison