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Live Nation Entertainment (BSP:L1YV34) EV-to-EBIT : 27.20 (As of Oct. 31, 2024)


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What is Live Nation Entertainment EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Live Nation Entertainment's Enterprise Value is R$174,946 Mil. Live Nation Entertainment's EBIT for the trailing twelve months (TTM) ended in Jun. 2024 was R$6,433 Mil. Therefore, Live Nation Entertainment's EV-to-EBIT for today is 27.20.

The historical rank and industry rank for Live Nation Entertainment's EV-to-EBIT or its related term are showing as below:

BSP:L1YV34' s EV-to-EBIT Range Over the Past 10 Years
Min: -521.55   Med: 40.6   Max: 961.21
Current: 23.02

During the past 13 years, the highest EV-to-EBIT of Live Nation Entertainment was 961.21. The lowest was -521.55. And the median was 40.60.

BSP:L1YV34's EV-to-EBIT is ranked worse than
73.93% of 652 companies
in the Media - Diversified industry
Industry Median: 11.16 vs BSP:L1YV34: 23.02

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Live Nation Entertainment's Enterprise Value for the quarter that ended in Jun. 2024 was R$138,466 Mil. Live Nation Entertainment's EBIT for the trailing twelve months (TTM) ended in Jun. 2024 was R$6,433 Mil. Live Nation Entertainment's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 4.65%.


Live Nation Entertainment EV-to-EBIT Historical Data

The historical data trend for Live Nation Entertainment's EV-to-EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Live Nation Entertainment EV-to-EBIT Chart

Live Nation Entertainment Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 53.63 -12.61 -92.49 24.68 20.52

Live Nation Entertainment Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 22.61 18.99 20.52 23.39 19.81

Competitive Comparison of Live Nation Entertainment's EV-to-EBIT

For the Entertainment subindustry, Live Nation Entertainment's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Live Nation Entertainment's EV-to-EBIT Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Live Nation Entertainment's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Live Nation Entertainment's EV-to-EBIT falls into.



Live Nation Entertainment EV-to-EBIT Calculation

Live Nation Entertainment's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=174946.218/6432.626
=27.20

Live Nation Entertainment's current Enterprise Value is R$174,946 Mil.
Live Nation Entertainment's EBIT for the trailing twelve months (TTM) ended in Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was R$6,433 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Live Nation Entertainment  (BSP:L1YV34) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Live Nation Entertainment's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Jun. 2024 ) =EBIT / Enterprise Value (Q: Jun. 2024 )
=6432.626/138466.0144
=4.65 %

Live Nation Entertainment's Enterprise Value for the quarter that ended in Jun. 2024 was R$138,466 Mil.
Live Nation Entertainment's EBIT for the trailing twelve months (TTM) ended in Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was R$6,433 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Live Nation Entertainment EV-to-EBIT Related Terms

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Live Nation Entertainment Business Description

Traded in Other Exchanges
Address
9348 Civic Center Drive, Beverly Hills, CA, USA, 90210
Live Nation is the largest live entertainment company in the world, serving as a concert promoter, venue operator, and ticketing platform. In addition, the firm generates revenue from sponsorships and advertising. With offices in 45 countries, Live Nation promotes concerts globally and it owns, operates, or had exclusive booking rights to 373 venues worldwide at the end of 2023, which the firm says makes it the second-largest operator of music venues globally. In 2023, Live Nation promoted more than 50,000 events, drawing more than 145 million fans. Ticketmaster is a dominant global ticketing service, selling more than 620 million tickets in 2023.

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