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Universal Music Group NV
VSE:UMG

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Universal Music Group NV
VSE:UMG
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Price: 16.04 EUR 0.25%
Market Cap: €29.3B

Relative Value

The Relative Value of one UMG stock under the Base Case scenario is 26.82 EUR. Compared to the current market price of 16.04 EUR, Universal Music Group NV is Undervalued by 40%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

UMG Relative Value
Base Case
26.82 EUR
Undervaluation 40%
Relative Value
Price
Worst Case
Base Case
Best Case

Multiples Across Competitors

UMG Competitors Multiples
Universal Music Group NV Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
NL
Universal Music Group NV
VSE:UMG
29.2B EUR 2.3 18.8 15.5 15.5
US
Netflix Inc
NASDAQ:NFLX
394.3B USD 8.7 35.9 13.3 29.9
US
Walt Disney Co
NYSE:DIS
176.6B USD 1.8 14.4 10.8 15.1
LU
Spotify Technology SA
NYSE:SPOT
101.4B USD 5 38.8 33.6 35.1
US
Warner Bros Discovery Inc
NASDAQ:WBD
68B USD 1.8 93.6 5.1 73.3
US
TKO Group Holdings Inc
NYSE:TKO
37.7B USD 8.7 164.7 26.6 40
US
Live Nation Entertainment Inc
NYSE:LYV
35.7B USD 1.4 -648.2 19.3 29.3
FR
Bollore SE
PAR:BOL
13.5B EUR 4.6 38.9 -40.9 -40.9
CN
Tencent Music Entertainment Group
NYSE:TME
15.4B USD 3.2 9.6 9.1 9.1
US
Roku Inc
NASDAQ:ROKU
14.5B USD 3.1 164 183.1 -4 744.2
US
Endeavor Group Holdings Inc
NYSE:EDR
13.8B USD 1.9 -17.6 34.6 -207.1
P/E Multiple
Earnings Growth PEG
NL
Universal Music Group NV
VSE:UMG
Average P/E: 64.3
18.8
14%
1.3
US
Netflix Inc
NASDAQ:NFLX
35.9
21%
1.7
US
Walt Disney Co
NYSE:DIS
14.4
6%
2.4
LU
Spotify Technology SA
NYSE:SPOT
38.8
22%
1.8
US
Warner Bros Discovery Inc
NASDAQ:WBD
93.6
N/A N/A
US
TKO Group Holdings Inc
NYSE:TKO
164.7
31%
5.3
US
Live Nation Entertainment Inc
NYSE:LYV
Negative Multiple: -648.2 N/A N/A
FR
Bollore SE
PAR:BOL
38.9
N/A N/A
CN
Tencent Music Entertainment Group
NYSE:TME
9.6
10%
1
US
Roku Inc
NASDAQ:ROKU
164
93%
1.8
US
Endeavor Group Holdings Inc
NYSE:EDR
Negative Multiple: -17.6 N/A N/A
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
NL
Universal Music Group NV
VSE:UMG
Average EV/EBITDA: 35.1
15.5
22%
0.7
US
Netflix Inc
NASDAQ:NFLX
13.3
-7%
N/A
US
Walt Disney Co
NYSE:DIS
10.8
11%
1
LU
Spotify Technology SA
NYSE:SPOT
33.6
30%
1.1
US
Warner Bros Discovery Inc
NASDAQ:WBD
5.1
-23%
N/A
US
TKO Group Holdings Inc
NYSE:TKO
26.6
22%
1.2
US
Live Nation Entertainment Inc
NYSE:LYV
19.3
21%
0.9
FR
Bollore SE
PAR:BOL
Negative Multiple: -40.9 N/A N/A
CN
Tencent Music Entertainment Group
NYSE:TME
9.1
25%
0.4
US
Roku Inc
NASDAQ:ROKU
183.1
149%
1.2
US
Endeavor Group Holdings Inc
NYSE:EDR
34.6
77%
0.4
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
NL
Universal Music Group NV
VSE:UMG
Average EV/EBIT: 30.9
15.5
14%
1.1
US
Netflix Inc
NASDAQ:NFLX
29.9
20%
1.5
US
Walt Disney Co
NYSE:DIS
15.1
16%
0.9
LU
Spotify Technology SA
NYSE:SPOT
35.1
30%
1.2
US
Warner Bros Discovery Inc
NASDAQ:WBD
73.3
11%
6.7
US
TKO Group Holdings Inc
NYSE:TKO
40
28%
1.4
US
Live Nation Entertainment Inc
NYSE:LYV
29.3
23%
1.3
FR
Bollore SE
PAR:BOL
Negative Multiple: -40.9 N/A N/A
CN
Tencent Music Entertainment Group
NYSE:TME
9.1
14%
0.6
US
Roku Inc
NASDAQ:ROKU
Negative Multiple: -4 744.2 N/A N/A
US
Endeavor Group Holdings Inc
NYSE:EDR
Negative Multiple: -207.1 N/A N/A
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