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Live Nation Entertainment Inc
NYSE:LYV

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Live Nation Entertainment Inc
NYSE:LYV
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Price: 152.76 USD -0.29%
Market Cap: $35.5B

EV/EBIT

29.4
Current
29%
More Expensive
vs 3-y average of 22.8

Enterprise Value to EBIT (EV/EBIT) ratio compares a company`s total enterprise value to its earnings before interest and taxes. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBIT
29.4
=
Enterprise Value
$38.1B
/
EBIT
$1.2B

Enterprise Value to EBIT (EV/EBIT) ratio compares a company`s total enterprise value to its earnings before interest and taxes. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBIT
29.4
=
Enterprise Value
$38.1B
/
EBIT
$1.2B

Valuation Scenarios

Live Nation Entertainment Inc is trading above its 3-year average

If EV/EBIT returns to its 3-Year Average (22.8), the stock would be worth $118.38 (23% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-36%
Maximum Upside
No Upside Scenarios
Average Downside
30%
Scenario EV/EBIT Value Implied Price Upside/Downside
Current Multiple 29.4 $152.76
0%
3-Year Average 22.8 $118.38
-23%
5-Year Average 20.6 $106.9
-30%
Industry Average 18.8 $97.71
-36%
Country Average 19.6 $101.78
-33%

Forward EV/EBIT
Today’s price vs future ebit

Today's Enterprise Value EBIT Forward EV/EBIT
$38.1B
/
Jan 2026
$1.2B
=
29.4
Current
$38.1B
/
Dec 2026
$1.5B
=
25.4
Forward
$38.1B
/
Dec 2027
$1.8B
=
20.6
Forward
$38.1B
/
Dec 2028
$2.3B
=
16.7
Forward

Forward EV/EBIT shows whether today’s EV/EBIT still looks high or low once future ebit are taken into account.

Peer Comparison

All Multiples
EV/EBIT
P/E
All Countries
Close
Market Cap EV/EBIT P/E
US
Live Nation Entertainment Inc
NYSE:LYV
36.1B USD 29.4 -652.2
US
Netflix Inc
NASDAQ:NFLX
390.8B USD 27.9 29
US
Walt Disney Co
NYSE:DIS
186.9B USD 15.6 15
LU
Spotify Technology SA
NYSE:SPOT
106.2B USD 36.4 40.1
US
Warner Bros Discovery Inc
NASDAQ:WBD
66.7B USD 72.5 92.2
NL
Universal Music Group NV
AEX:UMG
36.5B EUR 19.6 24
US
TKO Group Holdings Inc
NYSE:TKO
36.1B USD 38.5 157.9
US
Roku Inc
NASDAQ:ROKU
17B USD -5 668.6 190.9
FR
Bollore SE
PAR:BOL
14.4B EUR -47 42.3
US
Warner Music Group Corp
NASDAQ:WMG
15.1B USD 18.4 50.3
CN
Tencent Music Entertainment Group
NYSE:TME
14.3B USD 8 8.9
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
US
Live Nation Entertainment Inc
NYSE:LYV
Average EV/EBIT: 29.6
29.4
23%
1.3
US
Netflix Inc
NASDAQ:NFLX
27.9
20%
1.4
US
Walt Disney Co
NYSE:DIS
15.6
16%
1
LU
Spotify Technology SA
NYSE:SPOT
36.4
30%
1.2
US
Warner Bros Discovery Inc
NASDAQ:WBD
72.5
11%
6.6
NL
Universal Music Group NV
AEX:UMG
19.6
14%
1.4
US
TKO Group Holdings Inc
NYSE:TKO
38.5
28%
1.4
US
Roku Inc
NASDAQ:ROKU
Negative Multiple: -5 668.6 N/A N/A
FR
Bollore SE
PAR:BOL
Negative Multiple: -47 N/A N/A
US
Warner Music Group Corp
NASDAQ:WMG
18.4
20%
0.9
CN
Tencent Music Entertainment Group
NYSE:TME
8
14%
0.6

Market Distribution

Higher than 73% of companies in the United States of America
Percentile
73nd
Based on 8 638 companies
73nd percentile
29.4
Low
0 — 13.6
Typical Range
13.6 — 27.8
High
27.8 —
Distribution Statistics
the United States of America
Min 0
30th Percentile 13.6
Median 19.6
70th Percentile 27.8
Max 1 826 183.2

Live Nation Entertainment Inc
Glance View

Live Nation Entertainment Inc. stands at the crossroads of live entertainment and ticketing, with a unique ability to shape the cultural and economic landscape of the music and events industry. Born from the 2010 merger of Live Nation and Ticketmaster, the company has leveraged its dual strengths in promoting live concerts and managing ticket sales to become a formidable player. The organization operates through its four primary segments: Concerts, Ticketing, Sponsorship & Advertising, and Artist Nation. Concerts take center stage in its business model, with Live Nation promoting over 40,000 events annually, ranging from intimate club shows to vast international festivals. The company owns and operates numerous venues across the globe, ensuring it has both the infrastructure and the relationships to maximize attendance and artist satisfaction. Central to Live Nation's revenue generation is its Ticketing division, primarily through the Ticketmaster brand, the world’s leading platform for ticket sales. This segment generates income from service fees on ticket sales for its events and those of third-party clients. By using Ticketmaster’s vast database, Live Nation not only sells tickets but also mines consumer data to better target its services and refine its offerings. This precision allows it to optimize its Sponsorship & Advertising arm, creating targeted opportunities for brands to reach engaged, passionate audiences. Finally, through Artist Nation, the company offers artist management services that ensure a seamless experience for the artists it represents. In essence, Live Nation thrives by creating an ecosystem that supports artists, engages fans, and attracts corporate partnerships, all while ensuring that the spectacle of live events remains as compelling as ever.

LYV Intrinsic Value
121.16 USD
Overvaluation 21%
Intrinsic Value
Price $152.76
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