Live Nation EntertainmentSTU:3LN +0.88%81 Piotroski F-Score is 6 as of Jul. 01, 2026, which is at its 10-year median of 6.00. GuruFocus rates STU:3LN with a GF Score™ of 81/100 and a GF Value™ of €121.59 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 1,009 Media - Diversified companies, Live Nation Entertainment ranks better than 78.69% on this metric.
The zones of discrimination were as such:
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Live Nation Entertainment has an F-score of 5 indicating the company's financial situation is typical for a stable company.
The historical rank and industry rank for Live Nation Entertainment's Piotroski F-Score or its related term are showing as below:
STU:3LN'
s Piotroski F-Score Range Over the Past 10 Years
Min: 1 Med: 6 Max: 8
Current: 6
During the past 13 years, the highest Piotroski F-Score of Live Nation Entertainment was 8. The lowest was 1. And the median was 6.
Live Nation Entertainment (STU:3LN) Piotroski F-Score Explanation
The developer of the system is Joseph D. Piotroski is relatively unknown accounting professor who shuns publicity and rarely gives interviews.
He graduated from the University of Illinois with a B.S. in accounting in 1989, received an M.B.A. from Indiana University in 1994. Five years later, in 1999, after earning a Ph.D. in accounting from the University of Michigan, he became an associate professor of accounting at the University of Chicago.
He wanted to see if he can develop a system (using a simple nine-point scoring system) that can increase the returns of a strategy of investing in low price to book (referred to in the paper as high book to market) value companies.
What he found was something that exceeded his most optimistic expectations.
Buying only those companies that scored highest (8 or 9) on his nine-point scale, or F-Score as he called it, over the 20 year period from 1976 to 1996 led to an average out-performance over the market of 13.4%.
Even more impressive were the results of a strategy of investing in the highest F-Score companies (8 or 9) and shorting companies with the lowest F-Score (0 or 1).
Over the same period from 1976 to 1996 (20 years) this strategy led to an average yearly return of 23%, substantially outperforming the average S&P 500 index return of 15.83% over the same period.
Live Nation Entertainment Piotroski F-Score Related Terms
Live Nation Entertainment Piotroski F-Score 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: Piotroski F-Score Comparison
For the Entertainment subindustry, Live Nation Entertainment's Piotroski F-Score, along with its competitors' market caps and Piotroski F-Score 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 Piotroski F-Score vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Live Nation Entertainment's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Live Nation Entertainment's Piotroski F-Score falls into.
* 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.
This Year (Mar26) TTM:
Last Year (Mar25) TTM:
Net Income was 211.037 + 367.602 + -172.593 + -336.575 = €69 Mil. Cash Flow from Operations was 193.749 + -81.516 + -45.885 + 2023.092 = €2,089 Mil. Revenue was 6074.758 + 7241.27 + 5391.733 + 3280.97 = €21,989 Mil. Gross Profit was 1557.032 + 1756.349 + 1241.325 + 1137.104 = €5,692 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(20190.084 + 20071.339 + 19500.422 + 19567.303 + 22548.9) / 5 = €20375.6096 Mil. Total Assets at the begining of this year (Mar25) was €20,190 Mil. Long-Term Debt & Capital Lease Obligation was €7,597 Mil. Total Current Assets was €11,800 Mil. Total Current Liabilities was €13,335 Mil.
Net Income was 276.814 + 407.076 + 191.943 + 21.463 = €897 Mil.
Revenue was 5595.753 + 6893.629 + 5425.921 + 3128.458 = €21,044 Mil. Gross Profit was 1500.527 + 1685.68 + 1089.143 + 1042.641 = €5,318 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(18427.774 + 19001.751 + 17792.11 + 18755.026 + 20190.084) / 5 = €18833.349 Mil. Total Assets at the begining of last year (Mar24) was €18,428 Mil. Long-Term Debt & Capital Lease Obligation was €7,088 Mil. Total Current Assets was €10,239 Mil. Total Current Liabilities was €10,654 Mil.
*Note: If the latest quarterly/semi-annual/annual total assets data is 0, then we will use previous quarterly/semi-annual/annual data for all the items in the balance sheet.
Profitability
Question 1. Return on Assets (ROA)
Net income before extraordinary items for the year divided by Total Assets at the beginning of the year.
Score 1 if positive, 0 if negative.
Live Nation Entertainment's current Net Income (TTM) was 69.
==> Positive ==> Score 1.
Question 2. Cash Flow Return on Assets (CFROA)
Net cash flow from operating activities (operating cash flow) divided by Total Assets at the beginning of the year.
Score 1 if positive, 0 if negative.
Live Nation Entertainment's current Cash Flow from Operations (TTM) was 2,089.
==> Positive ==> Score 1.
Question 3. Change in Return on Assets
Compare this year's return on assets (1) to last year's return on assets.
Live Nation Entertainment's return on assets of this year was 0.00344085. Live Nation Entertainment's return on assets of last year was 0.04869259.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Live Nation Entertainment's gearing of this year was 0.37284637. Live Nation Entertainment's gearing of last year was 0.37636333.
==> This year is lower or equal to last year. ==> Score 1.
Question 6. Change in Working Capital (Liquidity)
Compare this year's current ratio (current assets divided by current liabilities) to last year's current ratio.
Score 1 if this year's current ratio is higher, 0 if it's lower
Live Nation Entertainment's current ratio of this year was 0.88486179. Live Nation Entertainment's current ratio of last year was 0.96106806.
==> Last year's current ratio is higher ==> Score 0.
Question 7. Change in Shares in Issue
Compare the number of shares in issue this year, to the number in issue last year.
Score 0 if there is larger number of shares in issue this year, 1 otherwise.
Live Nation Entertainment's number of shares in issue this year was 232.401. Live Nation Entertainment's number of shares in issue last year was 231.221.
==> There is larger number of shares in issue this year. ==> Score 0.
Efficiency
Question 8. Change in Gross Margin
Compare this year's gross margin (Gross Profit divided by sales) to last year's.
Score 1 if this year's gross margin is higher, 0 if it's lower.
Live Nation Entertainment's gross margin of this year was 0.25885123. Live Nation Entertainment's gross margin of last year was 0.25271105.
==> This year's gross margin is higher. ==> Score 1.
Question 9. Change in asset turnover
Compare this year's asset turnover (total sales for the year divided by total assets at the beginning of the year) to last year's asset turnover ratio.
Score 1 if this year's asset turnover ratio is higher, 0 if it's lower
Live Nation Entertainment's asset turnover of this year was 1.08908566. Live Nation Entertainment's asset turnover of last year was 1.14195893.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
Piotroski F-Score
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Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Live Nation Entertainment has an F-score of 5 indicating the company's financial situation is typical for a stable company.
Live Nation Entertainment (STU:3LN) has a Piotroski F-Score of 6 as of Jul. 01, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Live Nation Entertainment and its competitors. This is near median its historical median of 6.00. Over the past decade, Live Nation Entertainment's Piotroski F-Score has ranged from 1.00 to 8.00. According to the industry distribution chart, Live Nation Entertainment ranks #215 out of 1009 companies in the Media - Diversified industry, placing it in the top 21.3%.
Is Live Nation Entertainment's Piotroski F-Score too high?
Live Nation Entertainment's current Piotroski F-Score of 6 is near median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 8.00. The Media - Diversified industry median Piotroski F-Score is 5.00. Live Nation Entertainment's value of 6 is 20% above this industry median. Based on the distribution chart, Live Nation Entertainment ranks #215 out of 1009 companies in the Media - Diversified industry, which is in the top quartile — a strong position relative to peers. 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 Piotroski F-Score compare to FWONA and FOXA?
According to the Media - Diversified industry distribution chart, Live Nation Entertainment ranks #215 out of 1009 companies for Piotroski F-Score. This places Live Nation Entertainment in the top 21% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Live Nation Entertainment's value of 6 is 20% above this benchmark. Historically, Live Nation Entertainment's own Piotroski F-Score has ranged from 1.00 to 8.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Live Nation Entertainment has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Piotroski F-Score for a Media - Diversified company?
The median Piotroski F-Score among Media - Diversified companies is 5.00, based on 1,009 companies in the industry. Companies in the top quartile (top 25%) have a Piotroski F-Score significantly above this median, while those in the bottom quartile fall well below. However, Piotroski F-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Live Nation Entertainment's current Piotroski F-Score of 6 is 20% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Piotroski F-Score mean?
A high Piotroski F-Score can signal that a stock is expensive relative to its fundamentals. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Live Nation Entertainment and its competitors. For the Media - Diversified industry, the median Piotroski F-Score is 5.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Live Nation Entertainment's current Piotroski F-Score is 6, which is near median its own 10-year median of 6.00. 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 €121.59, compared to a current price of €160.55 — trading 32% above its estimated fair value. The current Piotroski F-Score is 6, which is near median its 10-year median of 6.00 and 20% above the Media - Diversified industry median of 5.00. 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 Piotroski F-Score calculated?
Piotroski F-Score is calculated from a company's financial statements. For Live Nation Entertainment (STU:3LN), the current Piotroski F-Score is 6 as of Jul. 01, 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 €160.55 is trading 32% above its estimated GF Value™ of €121.59.
GuruFocus considers Live Nation Entertainment to be Significantly Overvalued.
Key valuation signals for STU:3LN:
Piotroski F-Score: 6 (near median its 10-year median of 6.00)
GF Value™: €121.59 vs. price of €160.55 (32% above fair value)
Industry Position: 20% above the Media - Diversified median (#215 of 1009)
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
Get the complete analysis for STU:3LN
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