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Live Nation Entertainment (FRA:3LN) Price-to-Free-Cash-Flow : 22.29 (As of Apr. 25, 2024)


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What is Live Nation Entertainment Price-to-Free-Cash-Flow?

As of today (2024-04-25), Live Nation Entertainment's share price is €83.88. Live Nation Entertainment's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Dec. 2023 was €3.76. Hence, Live Nation Entertainment's Price-to-Free-Cash-Flow Ratio for today is 22.29.

The historical rank and industry rank for Live Nation Entertainment's Price-to-Free-Cash-Flow or its related term are showing as below:

FRA:3LN' s Price-to-Free-Cash-Flow Range Over the Past 10 Years
Min: 6.86   Med: 17.81   Max: 120.29
Current: 21.88

During the past 13 years, Live Nation Entertainment's highest Price-to-Free-Cash-Flow Ratio was 120.29. The lowest was 6.86. And the median was 17.81.

FRA:3LN's Price-to-Free-Cash-Flow is ranked worse than
67.63% of 590 companies
in the Media - Diversified industry
Industry Median: 14.21 vs FRA:3LN: 21.88

Live Nation Entertainment's Free Cash Flow per Share for the three months ended in Dec. 2023 was €1.90. Its Free Cash Flow per Share for the trailing twelve months (TTM) ended in was €3.76.

During the past 12 months, the average Free Cash Flow per Share Growth Rate of Live Nation Entertainment was -39.30% per year.

During the past 13 years, Live Nation Entertainment's highest 3-Year average Free Cash Flow per Share Growth Rate was 134.50% per year. The lowest was -51.90% per year. And the median was 34.50% per year.


Live Nation Entertainment Price-to-Free-Cash-Flow Historical Data

The historical data trend for Live Nation Entertainment's Price-to-Free-Cash-Flow 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 Price-to-Free-Cash-Flow Chart

Live Nation Entertainment Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Free-Cash-Flow
Get a 7-Day Free Trial Premium Member Only Premium Member Only 144.38 - 16.04 10.92 24.14

Live Nation Entertainment Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Price-to-Free-Cash-Flow 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 10.92 11.30 13.84 15.41 24.14

Competitive Comparison of Live Nation Entertainment's Price-to-Free-Cash-Flow

For the Entertainment subindustry, Live Nation Entertainment's Price-to-Free-Cash-Flow, along with its competitors' market caps and Price-to-Free-Cash-Flow 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 Price-to-Free-Cash-Flow Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Live Nation Entertainment's Price-to-Free-Cash-Flow falls into.



Live Nation Entertainment Price-to-Free-Cash-Flow Calculation

Live Nation Entertainment's Price-to-Free-Cash-Flow ratio for today is calculated as

Price-to-Free-Cash-Flow Ratio=Share Price/ Free Cash Flow per Share (TTM)
=83.88/3.763
=22.29

Live Nation Entertainment's Share Price of today is €83.88.
Live Nation Entertainment's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was €3.76.

* 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.

It can also be calculated from the numbers for the whole company:

Price-to-Free-Cash-Flow Ratio=Market Cap/Free Cash Flow

Live Nation Entertainment  (FRA:3LN) Price-to-Free-Cash-Flow Explanation

Free Cash Flow is considered more important than earnings by value investors. The reason is because, in principle, only the net cash that can be taken from the business belongs to shareholders. This Free Cash Flow can be used to grow the business, reduce debt or return to shareholders in dividends or share buybacks.

In a DCF Calculation Free Cash Flow is used to determine the intrinsic value of companies.


Be Aware

In real business, Free Cash Flow can be affected by the change in accounts receivable, accounts payable, management's decision on expansion, etc. Therefore, investors should look at the Free Cash Flow over the longer term. Long-term average of Free Cash Flow is a more reliable indicator for real free cash flow.


Live Nation Entertainment Price-to-Free-Cash-Flow Related Terms

Thank you for viewing the detailed overview of Live Nation Entertainment's Price-to-Free-Cash-Flow provided by GuruFocus.com. Please click on the following links to see related term pages.


Live Nation Entertainment (FRA:3LN) Business Description

Traded in Other Exchanges
Address
9348 Civic Center Drive, Beverly Hills, CA, USA, 90210
Live Nation is the largest live entertainment firm in the world with over 670 million fans served in 48 countries in 2022 by the company's concert and ticketing platforms. Via either owning, operating, or holding exclusive booking rights, Live Nation controls over 338 venues including the House of Blues. Live Nation also owns one of the largest ticketing services, Ticketmaster, which sold over 550 million tickets for over 12,000 clients in 2022. Its artist management agencies have over 400 clients. This large live entertainment footprint helped Live Nation become one of the largest advertising and sponsorship platforms aimed at music fans. Liberty Media owns 31% of Live Nation, held under its Sirius XM tracking stock. Liberty plans to spin off its stake into a dedicated tracking stock.

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