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Cts Eventim AG & Co KgaA
XETRA:EVD

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Cts Eventim AG & Co KgaA
XETRA:EVD
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Price: 56.5 EUR -2.75% Market Closed
Market Cap: €5.4B

P/S

2.3
Current
23%
Cheaper
vs 3-y average of 2.9

Price to Sales (P/S) ratio shows how much investors pay for each dollar of a company`s sales. It`s calculated by dividing the company`s market value by its total revenue.

P/S
2.3
=
Market Cap
€6.1B
/
Revenue
€3.1B

Price to Sales (P/S) ratio shows how much investors pay for each dollar of a company`s sales. It`s calculated by dividing the company`s market value by its total revenue.

P/S
2.3
=
Market Cap
€6.1B
/
Revenue
€3.1B

Valuation Scenarios

Cts Eventim AG & Co KgaA is trading below its 3-year average

If P/S returns to its 3-Year Average (2.9), the stock would be worth €73.43 (30% upside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-57%
Maximum Upside
+43%
Average Downside
9%
Scenario P/S Value Implied Price Upside/Downside
Current Multiple 2.3 €56.5
0%
3-Year Average 2.9 €73.43
+30%
5-Year Average 3.2 €80.54
+43%
Industry Average 1 €24.29
-57%
Country Average 1.1 €26.47
-53%

Forward P/S
Today’s price vs future revenue

Today's Market Cap Revenue Forward P/S
€6.1B
/
Jan 2026
€3.1B
=
2.3
Current
€6.1B
/
Dec 2026
€3.2B
=
1.9
Forward
€6.1B
/
Dec 2027
€3.4B
=
1.8
Forward
€6.1B
/
Dec 2028
€3.6B
=
1.7
Forward

Forward P/S shows whether today’s P/S still looks high or low once future revenue are taken into account.

Peer Comparison

All Multiples
P/S
P/E
All Countries
Close
Market Cap P/S P/E
DE
Cts Eventim AG & Co KgaA
XETRA:EVD
5.4B EUR 2.3 25
US
Netflix Inc
NASDAQ:NFLX
387.9B USD 8.3 29
US
Walt Disney Co
NYSE:DIS
182.6B USD 1.9 14.9
LU
Spotify Technology SA
NYSE:SPOT
91.3B USD 4.5 35
US
Warner Bros Discovery Inc
NASDAQ:WBD
67.1B USD 1.8 92.3
NL
Universal Music Group NV
AEX:UMG
35.5B EUR 2.8 23.2
US
Live Nation Entertainment Inc
NYSE:LYV
36.1B USD 1.4 -653.8
US
TKO Group Holdings Inc
NYSE:TKO
35.6B USD 8.2 155.7
FR
Bollore SE
PAR:BOL
14.8B EUR 5 42.4
US
Roku Inc
NASDAQ:ROKU
16.7B USD 3.5 188.9
US
Warner Music Group Corp
NASDAQ:WMG
14.6B USD 2.1 48.7

Market Distribution

Higher than 72% of companies in Germany
Percentile
72st
Based on 2 778 companies
72st percentile
2.3
Low
0 — 0.6
Typical Range
0.6 — 2.1
High
2.1 —
Distribution Statistics
Germany
Min 0
30th Percentile 0.6
Median 1.1
70th Percentile 2.1
Max 23 633

Cts Eventim AG & Co KgaA
Glance View

Cts Eventim AG & Co KGaA, a stalwart in the live entertainment industry, has carved a niche as one of the leading global players in the ticketing and live events arena. Originating in Germany, this company has skillfully maneuvered through the dynamic landscape of live entertainment, leveraging technology to captivate audiences worldwide. At its core, CTS Eventim operates within two primary segments: Ticketing and Live Entertainment. The Ticketing segment, the linchpin of its business model, involves selling tickets for concerts, sports events, and theaters, primarily through its robust online platforms complemented by physical box offices and call centers. By optimizing online sales channels, CTS Eventim maximizes revenue streams, tapping into the growing consumer preference for digital ticket purchases. Their advanced ticketing systems and proprietary software ensure seamless transactions, offering a user-friendly experience that keeps audiences returning. Simultaneously, the Live Entertainment segment orchestrates a slew of events, including major music festivals and top-tier concerts, often overseeing the entire production process from artist bookings to event marketing. This vertically integrated approach not only generates revenue through ticket sales but also through associated streams such as merchandising, sponsorships, and concessions. By producing and promoting its events and leveraging its expansive distribution network, CTS Eventim maintains a resilient grip on the market, persistently exploring avenues for growth through acquisitions and strategic partnerships. This dual focus on ticketing and event promotion, underscored by continuous technological innovation, has cemented CTS Eventim’s reputation as a key architect in the realm of live entertainment, adeptly capitalizing on the ever-present human craving for extraordinary experiences.

EVD Intrinsic Value
72.87 EUR
Undervaluation 22%
Intrinsic Value
Price €56.5
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