Universal Music Group NV
VSE:UMG

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Universal Music Group NV Logo
Universal Music Group NV
VSE:UMG
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Price: 22.11 EUR -0.36%
Market Cap: 40.4B EUR
Section:
 

Relative Value

The Relative Value of one UMG stock under the Base Case scenario is 27.02 EUR. Compared to the current market price of 22.11 EUR, Universal Music Group NV is Undervalued by 18%.

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
27.02 EUR
Undervaluation 18%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

2.6
P/S
P/S
Price to Sales
2.6
vs History
88
vs Industry
20
Median 3Y
3.9
Median 5Y
3.9
Industry
1.5
Forward
3.2
More Details
7.1
P/E
P/E
Price to Earnings
7.1
vs History
88
vs Industry
15
Median 3Y
31.8
Median 5Y
36.2
Industry
17.2
Forward
21.8
More Details
22.5
P/OCF
P/OCF
Price to OCF
22.5
vs History
88
vs Industry
13
Median 3Y
25.6
Median 5Y
26.4
Industry
11.1
More Details
22.4
P/FCFE
P/FCFE
Price to FCFE
22.4
vs History
75
vs Industry
16
Median 3Y
27.2
Median 5Y
28.4
Industry
15.4
More Details
8.2
P/B
P/B
Price to Book Value
8.2
vs History
94
vs Industry
4
Median 3Y
14.5
Median 5Y
15.7
Industry
1.8
More Details
2.8
EV/S
EV/S
Enterprise Value to Sales
2.8
vs History
88
vs Industry
19
Median 3Y
4
Median 5Y
4
Industry
1.6
Forward
3.4
More Details
N/A
EV/GP
EV/GP
Enterprise Value to Gross Profit
N/A
vs History
vs Industry
18
Median 3Y
9.2
Median 5Y
9.1
Industry
3.5
More Details
8.5
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
8.5
vs History
88
vs Industry
10
Median 3Y
26
Median 5Y
24.4
Industry
8.9
Forward
15.4
More Details
8.5
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
8.5
vs History
88
vs Industry
12
Median 3Y
27.6
Median 5Y
27.3
Industry
12.7
Forward
19.2
More Details
23.9
EV/OCF
EV/OCF
Enterprise Value to OCF
23.9
vs History
85
vs Industry
12
Median 3Y
26.5
Median 5Y
27.4
Industry
10.5
More Details
25.1
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
25.1
vs History
79
vs Industry
13
Median 3Y
27.5
Median 5Y
28.3
Industry
12.7
More Details
3.5
EV/IC
EV/IC
Enterprise Value to IC
3.5
vs History
94
vs Industry
11
Median 3Y
5.6
Median 5Y
5.8
Industry
1.4
More Details

Multiples Across Competitors

UMG Competitors Multiples
Universal Music Group NV Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
NL
Universal Music Group NV
VSE:UMG
40.2B EUR 2.6 7.1 8.5 8.5
US
Netflix Inc
NASDAQ:NFLX
384.1B USD 8.9 36.8 13.5 30.8
US
Walt Disney Co
NYSE:DIS
208.6B USD 2.2 16.8 12.4 17.2
LU
Spotify Technology SA
NYSE:SPOT
117.6B USD 6 71.6 44.2 46.6
US
Warner Bros Discovery Inc
NASDAQ:WBD
70.5B USD 1.9 145.4 5.1 57
US
TKO Group Holdings Inc
NYSE:TKO
39.6B USD 9.1 172.9 29.2 41.8
US
Live Nation Entertainment Inc
NYSE:LYV
33.8B USD 1.4 104.9 17.2 25.4
CN
Tencent Music Entertainment Group
NYSE:TME
27.1B USD 6 17.5 18.2 18.2
US
Roku Inc
NASDAQ:ROKU
16.7B USD 3.7 -605 -180.9 -130.4
US
Warner Music Group Corp
NASDAQ:WMG
15.7B USD 2.3 43.4 14.9 21
FR
Bollore SE
PAR:BOL
13B EUR 8.4 -7.7 -12.1 -11.5
P/E Multiple
Earnings Growth PEG
NL
Universal Music Group NV
VSE:UMG
Average P/E: 68.5
7.1
2%
3.6
US
Netflix Inc
NASDAQ:NFLX
36.8
25%
1.5
US
Walt Disney Co
NYSE:DIS
16.8
6%
2.8
LU
Spotify Technology SA
NYSE:SPOT
71.6
42%
1.7
US
Warner Bros Discovery Inc
NASDAQ:WBD
145.4
N/A N/A
US
TKO Group Holdings Inc
NYSE:TKO
172.9
436%
0.4
US
Live Nation Entertainment Inc
NYSE:LYV
104.9
7%
15
CN
Tencent Music Entertainment Group
NYSE:TME
17.5
22%
0.8
US
Roku Inc
NASDAQ:ROKU
Negative Multiple: -605 N/A N/A
US
Warner Music Group Corp
NASDAQ:WMG
43.4
40%
1.1
FR
Bollore SE
PAR:BOL
Negative Multiple: -7.7
-39%
N/A
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
NL
Universal Music Group NV
VSE:UMG
Average EV/EBITDA: 18.1
8.5
16%
0.5
US
Netflix Inc
NASDAQ:NFLX
13.5
-7%
N/A
US
Walt Disney Co
NYSE:DIS
12.4
10%
1.2
LU
Spotify Technology SA
NYSE:SPOT
44.2
40%
1.1
US
Warner Bros Discovery Inc
NASDAQ:WBD
5.1
-25%
N/A
US
TKO Group Holdings Inc
NYSE:TKO
29.2
27%
1.1
US
Live Nation Entertainment Inc
NYSE:LYV
17.2
19%
0.9
CN
Tencent Music Entertainment Group
NYSE:TME
18.2
22%
0.8
US
Roku Inc
NASDAQ:ROKU
Negative Multiple: -180.9 N/A N/A
US
Warner Music Group Corp
NASDAQ:WMG
14.9
15%
1
FR
Bollore SE
PAR:BOL
Negative Multiple: -12.1 N/A N/A
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
NL
Universal Music Group NV
VSE:UMG
Average EV/EBIT: 29.6
8.5
16%
0.5
US
Netflix Inc
NASDAQ:NFLX
30.8
25%
1.2
US
Walt Disney Co
NYSE:DIS
17.2
17%
1
LU
Spotify Technology SA
NYSE:SPOT
46.6
42%
1.1
US
Warner Bros Discovery Inc
NASDAQ:WBD
57
57%
1
US
TKO Group Holdings Inc
NYSE:TKO
41.8
36%
1.2
US
Live Nation Entertainment Inc
NYSE:LYV
25.4
14%
1.8
CN
Tencent Music Entertainment Group
NYSE:TME
18.2
23%
0.8
US
Roku Inc
NASDAQ:ROKU
Negative Multiple: -130.4 N/A N/A
US
Warner Music Group Corp
NASDAQ:WMG
21
19%
1.1
FR
Bollore SE
PAR:BOL
Negative Multiple: -11.5 N/A N/A

See Also

Summary
UMG intrinsic value, competitors valuation, and company profile.
DCF Valuation
UMG stock valuation using Discount Cash Flow valuation method.
Relative Valuation
UMG stock valuation using valuation multiples.
Wall Street Estimates
UMG price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
UMG stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
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