Live Nation Entertainment (STU:3LN) Cyclically Adjusted FCF per Share: €3.50 (As of Jun. 2026)

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STU:3LN Live Nation Entertainment Inc STU:3LN
84 GF Score
Price €146.90
GF Value €129.32
Valuation Modestly Overvalued
! 9 Warning Signs
View Full Analysis

What is Live Nation Entertainment Cyclically Adjusted FCF per Share?

Live Nation Entertainment STU:3LN -0.88% 84 Cyclically Adjusted FCF per Share is €3.50 as of Jun. 2026. GuruFocus rates STU:3LN with a GF Score™ of 84/100 and a GF Value™ of €129.32 (Modestly Overvalued). The stock has 9 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

Live Nation Entertainment's adjusted free cash flow per share for the three months ended in Jun. 2026 was €0.501. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is €3.50 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Live Nation Entertainment's average Cyclically Adjusted FCF Growth Rate was 15.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 10.60% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 27.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Live Nation Entertainment was 75.90% per year. The lowest was 5.10% per year. And the median was 14.90% per year.

As of today (2026-09-16), Live Nation Entertainment's current stock price is €146.90. Live Nation Entertainment's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2026 was €3.50. Live Nation Entertainment's Cyclically Adjusted Price-to-FCF of today is 42.03.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Live Nation Entertainment was 128.09. The lowest was 19.98. And the median was 48.78.


Live Nation Entertainment  (STU:3LN) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Live Nation Entertainment's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=146.90/3.495
=42.03

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Live Nation Entertainment was 128.09. The lowest was 19.98. And the median was 48.78.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Live Nation Entertainment Cyclically Adjusted FCF per Share Related Terms


Live Nation Entertainment Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Live Nation Entertainment's Cyclically Adjusted FCF per Share 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.

Live Nation Entertainment Cyclically Adjusted FCF per Share Chart

Live Nation Entertainment Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.26 1.82 2.10 2.50 2.59

Live Nation Entertainment Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted FCF per Share 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 3.08 3.20 2.87 3.37 3.50

STU:3LN vs FOXA, FWONA, ROKU: Cyclically Adjusted FCF per Share Comparison

For the Entertainment subindustry, Live Nation Entertainment's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF 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 Cyclically Adjusted Price-to-FCF vs Media - Diversified Industry

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

* The bar in red indicates where Live Nation Entertainment's Cyclically Adjusted Price-to-FCF falls into.


STU:3LN
84GF Score
Live Nation Entertainment Inc STU:3LN
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Live Nation Entertainment Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Live Nation Entertainment's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.501/333.9520*333.9520
=0.501

Current CPI (Jun. 2026) = 333.9520.

Live Nation Entertainment Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201609 -1.758 241.428 -2.432
201612 1.930 241.432 2.670
201703 3.232 243.801 4.427
201706 -0.206 244.955 -0.281
201709 -1.861 246.819 -2.518
201712 0.615 246.524 0.833
201803 2.875 249.554 3.847
201806 -1.127 251.989 -1.494
201809 -1.259 252.439 -1.666
201812 2.551 251.233 3.391
201903 1.737 254.202 2.282
201906 -1.012 256.143 -1.319
201909 -1.432 256.759 -1.863
201912 1.430 256.974 1.858
202003 2.353 258.115 3.044
202006 -4.632 257.797 -6.000
202009 -2.330 260.280 -2.990
202012 -0.499 260.474 -0.640
202103 0.197 264.877 0.248
202106 4.084 271.696 5.020
202109 -0.654 274.310 -0.796
202112 2.862 278.802 3.428
202203 4.563 287.504 5.300
202206 1.303 296.311 1.469
202209 -2.514 296.808 -2.829
202212 3.197 296.797 3.597
202303 4.244 301.836 4.696
202306 1.472 305.109 1.611
202309 -3.742 307.789 -4.060
202312 1.913 306.746 2.083
202403 3.432 312.332 3.670
202406 0.832 314.175 0.884
202409 -3.342 315.301 -3.540
202412 3.449 315.605 3.650
202503 4.642 319.799 4.847
202506 -0.478 322.561 -0.495
202509 -1.477 324.800 -1.519
202512 -1.470 324.054 -1.515
202603 7.466 330.213 7.551
202606 0.501 333.952 0.501

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

What does a Cyclically Adjusted FCF per Share of €3.50 mean?
Live Nation Entertainment (STU:3LN) has a Cyclically Adjusted FCF per Share of €3.50 as of Jun. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Live Nation Entertainment and its competitors.
Is Live Nation Entertainment's Cyclically Adjusted FCF per Share too high?
Live Nation Entertainment's current Cyclically Adjusted FCF per Share is €3.50. Overall, Live Nation Entertainment has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Live Nation Entertainment's Cyclically Adjusted FCF per Share compare to FOXA and FWONA?
Live Nation Entertainment's Cyclically Adjusted FCF per Share of €3.50 can be compared against companies in the Media - Diversified industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted FCF per Share for a Media - Diversified company?
A good Cyclically Adjusted FCF per Share depends on the Media - Diversified industry context. However, Cyclically Adjusted FCF per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted FCF per Share mean?
A high Cyclically Adjusted FCF per Share can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Live Nation Entertainment and its competitors. Live Nation Entertainment's current Cyclically Adjusted FCF per Share is €3.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Live Nation Entertainment stock overvalued right now?
Based on GuruFocus' analysis, Live Nation Entertainment (STU:3LN) is currently considered Modestly Overvalued. The stock's GF Value™ is €129.32, compared to a current price of €146.90 — trading 13.6% above its estimated fair value. The current Cyclically Adjusted FCF per Share is €3.50. Live Nation Entertainment's overall GF Score™ is 84/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted FCF per Share calculated?
Cyclically Adjusted FCF per Share is calculated from a company's financial statements. For Live Nation Entertainment (STU:3LN), the current Cyclically Adjusted FCF per Share is €3.50 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Live Nation Entertainment (STU:3LN) Overvalued in 2026?

Based on GuruFocus' analysis, Live Nation Entertainment stock appears to be overvalued. The current stock price of €146.90 is trading 13.6% above its estimated GF Value™ of €129.32. GuruFocus considers Live Nation Entertainment to be Modestly Overvalued.

Key valuation signals for STU:3LN:

  • Cyclically Adjusted FCF per Share: €3.50
  • GF Value™: €129.32 vs. price of €146.90 (13.6% above fair value)
  • GF Score™: 84/100 with 9 warning signs

No single metric tells the full story. See the STU:3LN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Live Nation Entertainment Business Description

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 51 countries, Live Nation promotes concerts globally and it owned, operated, or had exclusive booking rights to more than 400 venues worldwide at the end of 2025, which the firm says makes it the second-largest operator of music venues globally. In 2025, Live Nation promoted nearly 55,000 events, drawing roughly 160 million fans. Ticketmaster is a dominant global ticketing service, selling nearly 650 million tickets in 2025.
84GF Score

Get the complete analysis for STU:3LN

Cyclically Adjusted FCF per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€146.90
Price
€129.32
GF Value