LYV Stock Overview
Live Nation Entertainment, Inc. operates as a live entertainment company.
Live Nation Entertainment Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$83.06|
|52 Week High||US$127.75|
|52 Week Low||US$74.23|
|1 Month Change||-12.12%|
|3 Month Change||-27.38%|
|1 Year Change||-4.85%|
|3 Year Change||19.24%|
|5 Year Change||142.65%|
|Change since IPO||651.67%|
Recent News & Updates
An Intrinsic Calculation For Live Nation Entertainment, Inc. (NYSE:LYV) Suggests It's 35% Undervalued
Does the June share price for Live Nation Entertainment, Inc. ( NYSE:LYV ) reflect what it's really worth? Today, we...
Live Nation: New Artists Expected As Well As Price Increases
Live Nation Entertainment presents itself as the largest live entertainment business in the world with over 310 million fans. Live Nation Entertainment also delivered confirmed show bookings growing at a double digit in 2022, so things seem quite sweet for management. In my view, if management keeps reporting positive net income from 2024, we could expect the stock price to trend higher.
Live Nation: LYV Richly Valued With Mixed Technicals
Live Nation (LYV) is historically pricey on a price-to-sales basis and has negative earnings with no dividend. A key upcoming industry conference could spark volatility. The chart shows big bearish overhead supply but some downside support.
|LYV||US Entertainment||US Market|
Return vs Industry: LYV exceeded the US Entertainment industry which returned -53.6% over the past year.
Return vs Market: LYV exceeded the US Market which returned -21.7% over the past year.
|LYV Average Weekly Movement||7.2%|
|Entertainment Industry Average Movement||12.3%|
|Market Average Movement||8.1%|
|10% most volatile stocks in US Market||16.9%|
|10% least volatile stocks in US Market||3.2%|
Stable Share Price: LYV is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: LYV's weekly volatility (7%) has been stable over the past year.
About the Company
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 its owned or operated venues, and in rented third-party venues; operates and manages music venues; produces music festivals; creates associated content; and offers management and other services to artists.
Live Nation Entertainment Fundamentals Summary
|LYV fundamental statistics|
Is LYV overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|LYV income statement (TTM)|
|Cost of Revenue||US$5.29b|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||-1.97|
|Net Profit Margin||-5.76%|
How did LYV perform over the long term?See historical performance and comparison
Is LYV undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 4/6
Price-To-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for LYV?
Other financial metrics that can be useful for relative valuation.
|What is LYV's n/a Ratio?|
Price to Sales Ratio vs Peers
How does LYV's PS Ratio compare to its peers?
|LYV PS Ratio vs Peers|
|Company||PS||Estimated Growth||Market Cap|
AMC AMC Entertainment Holdings
FWON.K Formula One Group
SPOT Spotify Technology
WMG Warner Music Group
LYV Live Nation Entertainment
Price-To-Sales vs Peers: LYV is good value based on its Price-To-Sales Ratio (2.4x) compared to the peer average (3.1x).
Price to Earnings Ratio vs Industry
How does LYV's PE Ratio compare vs other companies in the US Entertainment Industry?
Price-To-Sales vs Industry: LYV is expensive based on its Price-To-Sales Ratio (2.4x) compared to the US Entertainment industry average (1.6x)
Price to Sales Ratio vs Fair Ratio
What is LYV's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PS Ratio||2.4x|
|Fair PS Ratio||2.4x|
Price-To-Sales vs Fair Ratio: LYV is good value based on its Price-To-Sales Ratio (2.4x) compared to the estimated Fair Price-To-Sales Ratio (2.4x).
Share Price vs Fair Value
What is the Fair Price of LYV when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: LYV ($83.06) is trading below our estimate of fair value ($146.95)
Significantly Below Fair Value: LYV is trading below fair value by more than 20%.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate LYV's PEG Ratio to determine if it is good value.
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How is Live Nation Entertainment forecast to perform in the next 1 to 3 years based on estimates from 17 analysts?
Future Growth Score5/6
Future Growth Score 5/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: LYV is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.9%).
Earnings vs Market: LYV is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: LYV is expected to become profitable in the next 3 years.
Revenue vs Market: LYV's revenue (9.8% per year) is forecast to grow faster than the US market (8.2% per year).
High Growth Revenue: LYV's revenue (9.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: LYV's Return on Equity is forecast to be very high in 3 years time (206.4%).
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How has Live Nation Entertainment performed over the past 5 years?
Past Performance Score0/6
Past Performance Score 0/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: LYV is currently unprofitable.
Growing Profit Margin: LYV is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: LYV is unprofitable, and losses have increased over the past 5 years at a rate of 58.8% per year.
Accelerating Growth: Unable to compare LYV's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: LYV is unprofitable, making it difficult to compare its past year earnings growth to the Entertainment industry (3.7%).
Return on Equity
High ROE: LYV has a negative Return on Equity (-76.83%), as it is currently unprofitable.
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How is Live Nation Entertainment's financial position?
Financial Health Score4/6
Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: LYV's short term assets ($8.1B) do not cover its short term liabilities ($8.3B).
Long Term Liabilities: LYV's short term assets ($8.1B) exceed its long term liabilities ($7.3B).
Debt to Equity History and Analysis
Debt Level: LYV has more cash than its total debt.
Reducing Debt: LYV's debt to equity ratio has increased from 138% to 1320.5% 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: Whilst unprofitable LYV has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: LYV is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 0.1% per year.
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What is Live Nation Entertainment current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Future Dividend Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate LYV's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate LYV'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 LYV's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if LYV's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as LYV has not reported any payouts.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Michael Rapino (56 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 ($USD13.84M) is about average for companies of similar size in the US market ($USD13.59M).
Compensation vs Earnings: Michael's compensation has increased whilst the company is unprofitable.
Experienced Management: LYV's management team is seasoned and experienced (5.6 years average tenure).
Experienced Board: LYV's board of directors are considered experienced (7.5 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 been diluted in the past year, with total shares outstanding growing by 4%.
Live Nation Entertainment, Inc.'s employee growth, exchange listings and data sources
- Name: Live Nation Entertainment, Inc.
- Ticker: LYV
- Exchange: NYSE
- Founded: 2005
- Industry: Movies and Entertainment
- Sector: Media
- Implied Market Cap: US$18.891b
- Shares outstanding: 227.44m
- Website: https://www.livenationentertainment.com
Number of Employees
- Live Nation Entertainment, Inc.
- 9348 Civic Center Drive
- Beverly Hills
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/07/01 00:00|
|End of Day Share Price||2022/07/01 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.