Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Live Nation Entertainment's Enterprise Value is €40,152 Mil.
Live Nation Entertainment's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was €752 Mil. Therefore, Live Nation Entertainment's EV-to-EBIT ratio for today is 53.42.
*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.
Live Nation Entertainment (STU:3LN) Enterprise Value Explanation
When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.
If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.
The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.
For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.
Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.
1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.
Live Nation Entertainment's EV-to-EBIT for today is
Live Nation Entertainment's current Enterprise Value is €40,152 Mil.
Live Nation Entertainment's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €752 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Live Nation Entertainment's EV-to-EBITDA for today is:
Live Nation Entertainment's current Enterprise Value is €40,152 Mil.
Live Nation Entertainment's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €1,318 Mil.
Live Nation Entertainment's current Enterprise Value is €40,152 Mil.
Live Nation Entertainment's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €21,989 Mil.
Live Nation Entertainment's current Enterprise Value is €40,152 Mil.
Live Nation Entertainment's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €2,089 Mil.
Live Nation Entertainment's current Enterprise Value is €40,152 Mil.
Live Nation Entertainment's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €1,052 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 Enterprise Value Related Terms
Live Nation Entertainment Enterprise Value Historical Data
* 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.
STU:3LN vs FWONA, FOXA, ROKU: Enterprise Value Comparison
For the Entertainment subindustry, Live Nation Entertainment's Enterprise Value, along with its competitors' market caps and Enterprise Value 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 Enterprise Value vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Live Nation Entertainment's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Live Nation Entertainment's Enterprise Value falls into.
Live Nation Entertainment Enterprise Value Calculation
Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
Live Nation Entertainment's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as
* 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 (STU:3LN) has a Enterprise Value of €40,152 Mil as of Jul. 07, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Live Nation Entertainment and its competitors.
Is Live Nation Entertainment's Enterprise Value too high?
Live Nation Entertainment's current Enterprise Value is €40,152 Mil. Overall, Live Nation Entertainment has a GF Score™ of 81/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Live Nation Entertainment's Enterprise Value compare to FWONA and FOXA?
Live Nation Entertainment's Enterprise Value of €40,152 Mil 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 Enterprise Value for a Media - Diversified company?
A good Enterprise Value depends on the Media - Diversified industry context. However, Enterprise Value 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 Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Live Nation Entertainment and its competitors. Live Nation Entertainment's current Enterprise Value is €40,152 Mil. 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 Significantly Overvalued. The stock's GF Value™ is €122.46, compared to a current price of €159.85 — trading 30.5% above its estimated fair value. The current Enterprise Value is €40,152 Mil. Live Nation Entertainment's overall GF Score™ is 81/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Live Nation Entertainment (STU:3LN), the current Enterprise Value is €40,152 Mil as of Jul. 07, 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 €159.85 is trading 30.5% above its estimated GF Value™ of €122.46.
GuruFocus considers Live Nation Entertainment to be Significantly Overvalued.
Key valuation signals for STU:3LN:
Enterprise Value: €40,152 Mil
GF Value™: €122.46 vs. price of €159.85 (30.5% above fair value)
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 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.
81GF Score
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