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Live Nation Entertainment Inc (LYV)

適正価値
Communication ServicesEntertainmentUnited States

ファンダメンタル

53

株価

$167.02

時価総額

$40.04B

パート1 · 企業の価値

概要

Live Nation Entertainment, Inc. operates as a live entertainment company worldwide. The company operates through Concerts, Ticketing, and Sponsorship & Advertising segments. Its Concerts segment promotes live music events in its owned or operated venues, and in rented third-party venues. This segment operates and manages music venues; produces music festivals; creates associated content; and offers management and other services to artists. The Ticketing segment manages the ticketing operations, including the provision of ticketing software and services to consumers with marketplace for tickets and event information through mobile apps, other websites, and retail outlets, as well as its websites, such as livenation.com and ticketmaster.com; and provides ticket resale services. This segment offers ticketing services for arenas, stadiums, amphitheaters, music clubs, concert promoters, professional sports franchises and leagues, college sports teams, performing arts venues, museums, and theaters. Its Sponsorship & Advertising segment sells international, national, and local sponsorships and placement of advertising, including signage, online advertising, and promotional programs; rich media offering, including advertising related with live streaming and music-related content; and ads through distribution network of venues, events, and websites. This segment also manages the development of strategic sponsorship programs, as well as develops, books, and produces custom events or programs for specific brands. It owns, operates, or leases entertainment venues. The company was formerly known as Live Nation, Inc. and changed its name to Live Nation Entertainment, Inc. in January 2010. Live Nation Entertainment, Inc. was incorporated in 2005 and is headquartered in Beverly Hills, California.

No editorial profile for this company yet

Direct competitors

Who this company fights with for the same customers

Generated on 2026年9月19日 with claude-haiku-4-5 — shared with all users

Anschutz Entertainment Group (AEG Presents)Not tracked

AEG is the other global concert promoter and arena operator, bidding against Live Nation for the same artist tours, the same venues and the same ticketing contracts, and it runs its own ticketing platform AXS.

CTS Eventim AG & Co. KGaAEVD

CTS Eventim is Live Nation's closest European rival, combining concert promotion with the Eventim ticketing platform, the same two-sided model Live Nation runs with Ticketmaster.

StubHub Holdings, Inc.STUB

StubHub is the largest resale marketplace competing with Ticketmaster for fans buying and reselling tickets to the same concerts and sporting events.

Vivid Seats Inc.SEAT

Vivid Seats runs a secondary ticketing marketplace that takes fee revenue on the same concert, theatre and sports tickets Ticketmaster distributes.

Madison Square Garden Entertainment Corp.MSGE

MSG Entertainment owns and books major New York venues, competing with Live Nation's venue business for the same live shows and the related ticketing, concessions and sponsorship revenue.

Eventbrite, Inc.EB

Eventbrite sells primary ticketing technology to venues and event organizers, the same clients Ticketmaster signs, mostly at the small and mid-size end of the market.

貸借対照表と流動性

売上高

$26.27B

直近12か月(2026/6/30まで)

純利益

$135M

直近12か月(2026/6/30まで)

フリーキャッシュフロー

$334M

自己資本合計

$271M

負債合計

$22.02B

流動比率

0.85

利払い倍率

2.28

負債/EBITDA

5.97

一株当たり利益(EPS)

売上高と純利益

フリーキャッシュフロー

収益内訳

財務推移表

利益率の推移

負債の推移

負債の重さ

成長率グリッド

成長率 — 売上高

適正価値の推定

一般的なケース適正価値

適正価値

$176.87

現在株価

$167.02

安全マージン

+5.6%

適正価値レンジ

$137.19 - $216.54

使用した評価手法間のばらつきであり、統計的に較正された信頼区間ではありません。

推定方法

アナリストの目標株価:$201.96
ディスカウンテッド・キャッシュフロー(DCF):$114.13
利益倍率(P/E):算出に必要なデータが不足しています
グレアムの成長公式:算出に必要なデータが不足しています
収益力価値(EPV):$23.92
正当化されたP/B:$24.43
配当割引モデル(ゴードン):算出に必要なデータが不足しています
P/FFO(運用から生まれる資金):$77.06
中間サイクル利益:$35.04
売上高倍率:$221.23
アナリスト・コンセンサス:強い買い (25B / 6H / 1S)
直近の決算サプライズ:+56.51%

バリュエーション指標

P/E レシオ

302.06

ROE

183.0%

P/B レシオ

484.55

P/FCF

28.85

粗利益率

-

ROIC

6.0%

収益性レーダー

価値創造(経済的モート)

ROIC

6.0%

WACC

9.0%

ROIC − WACC

-3.0 pp

ROICが資本コストを下回っています。投資した1ドルごとに企業は価値を破壊しています。

ファンダメンタル分析基準

合格(14)

  • EPS shows upward trend
  • Price CAGR 20.39%
  • ROIC 6.0%
  • P/FCF 28.85
  • Positive Free Cash Flow
  • Current Ratio
  • Interest Coverage
  • Debt/EBITDA
  • ROE 179.7%
  • Revenue Growth 5Y 68.4%
  • Analyst Consensus 78% Buy
  • Earnings Quality (OCF/NI) 19.37
  • Share Dilution -731.8%
  • Piotroski F-Score 5/9

不合格(9)

  • P/B Ratio 484.55
  • Debt/Equity ratio
  • Operating Margin 3.0%
  • CapEx intensity
  • Return on Tangible Assets
  • Low reliance on intangibles
  • DCF valuation (Overvalued)
  • Earnings Surprise avg -71.7%
  • Net Margin Trend 0.5% vs 3.9%

データなし(4)

  • Gross Margin NaN%
  • Dividend Payout NaN%
  • Price below Graham Number
  • PEG Ratio (need PE > 0 and growth > 0)

Piotroski F-スコア

5/9

まちまちのシグナル:一部の領域に注意が必要

score
criteria

利益の質

19.37

高品質:利益はキャッシュに裏付けられている

株式希薄化

-731.8%

株式を買い戻している。株主に友好的

機関投資家の保有

ガバナンス

経営陣

氏名役職年齢
Mr. Michael RapinoPresident, CEO & Director59
Mr. Joe BerchtoldPresident & CFO60
Mr. Brian J. CapoChief Accounting Officer & Senior VP58
Mr. Michael G. RowlesExecutive VP, General Counsel & Secretary59
Mr. John HopmansExecutive Vice President of Mergers & Acquisitions and Strategic Finance66
Ms. Amy YongSenior Vice President of Investor Relations-
Ms. Kaitlyn HenrichSenior Vice President of Corporate Affairs, Corporate Communications & Social Impact34
Ms. Liz DyerSenior Vice President of Human Resources39
Mr. Russell WallachGlobal President of Sponsorship & Advertising Division59
Mr. Arthur FogelChairman of Global Music Group & President of Global Touring Division71

監査リスク

10

取締役会リスク

5

報酬リスク

9

株主権利リスク

9

パート2 · 株価と買い時

この部分は企業に価値があるかを判断するものではありません。ファンダメンタルズに納得したうえで、いつ買うかを選ぶためのものです。内容:テクニカル分析、ポテンシャル、過去のドローダウン、ガンマエクスポージャー。

書類

  • 年次報告書(10-K)

    事業内容、財務実績、リスクをまとめた年次の概要。

    提出日: 2026-02-19

    書類を見る
  • 四半期報告書(10-Q)

    直近3か月間の業績に関する最新情報。

    提出日: 2026-07-30

    書類を見る
  • 臨時報告書(8-K)

    経営陣の交代や重要な発表など、大きな出来事に関するお知らせ。

    提出日: 2026-09-25

    書類を見る

via SEC EDGAR

業績推移

via SEC EDGAR

Latest News

Recent headlines for LYV, sourced from Markets Gazette.

  • 6/11/2026POSITIVE
    $100 Invested In Live Nation Entertainment 5 Years Ago Would Be Worth This Much Today

    An investment of $100 in Live Nation Entertainment (LYV) five years ago would have yielded a significant return, illustrating the company's strong performance and growth trajectory. While specific figures are not provided in the snippet, the implication of substantial growth suggests robust operational execution, successful event management, and potentially expansion into new markets or services. This historical performance data offers a positive outlook for current and prospective investors, highlighting LYV's potential for continued value appreciation.

  • 4/17/2026NEUTRAL
    Live Nation Inks $742 Million of Private Debt Tied to Venues

    Live Nation Entertainment Inc. has secured approximately €630 million ($742 million) through private debt financing. This capital infusion is earmarked for the company's ongoing global investments in concert venue infrastructure. The move signals a strategic financial maneuver to support expansion and operational development within its core venue business. While the debt financing itself doesn't immediately alter the company's equity value, it provides the necessary liquidity for future growth initiatives, which could positively impact long-term revenue streams.

  • 4/16/2026NEUTRAL
    Jury finds that Live Nation is an illegal monopoly, but a breakup with Ticketmaster is unlikely, analysts say

    A jury has ruled that Live Nation Entertainment operates as an illegal monopoly, potentially paving the way for significant damages and penalties. Despite the ruling, analysts suggest a breakup of the concert-ticketing giant, which includes Ticketmaster, is unlikely. Live Nation's shares saw a modest rise on Thursday, following a dip the previous day. While the monopoly finding introduces regulatory risk and potential financial liabilities, the market appears to be pricing in a scenario where operational disruption is limited, focusing instead on the possibility of fines rather than a structural separation of the business.

  • 4/15/2026NEGATIVE
    Live Nation stock falls as jury finds ticketing giant acted as an illegal monopoly. Here’s what happens next.

    Live Nation Entertainment's stock plummeted after a jury determined that the company, through its Ticketmaster subsidiary, operated as an illegal monopoly in the ticketing industry. This verdict could lead to significant regulatory scrutiny and potential structural changes for the company. Investors are now assessing the financial and operational ramifications of this ruling, which could include hefty fines or forced divestitures. The outcome represents a major setback for Live Nation's business model and market dominance.

  • 4/15/2026NEGATIVE
    Live Nation Illegally Monopolized Ticketing Market, Jury Finds

    A New York jury has found Live Nation Entertainment Inc. guilty of illegally monopolizing the event ticketing market. The verdict, reported by Bloomberg, indicates that Live Nation's monopolistic practices led to customers overpaying by an average of $1.72 per ticket. This ruling could lead to significant regulatory scrutiny, potential fines, and a restructuring of Live Nation's business operations, impacting its market dominance and future profitability. Investors will be closely watching the company's response and any subsequent legal or regulatory actions.

  • 3/9/2026POSITIVE
    New Ticketmaster settlement may be good news for Wall Street, but bad news for concertgoers

    Live Nation Entertainment, Inc. saw its shares surge following news of a settlement regarding Ticketmaster's practices. Analysts suggest the terms of the settlement are unlikely to significantly boost competition, implying a continued dominant market position for Live Nation. This development is viewed favorably by investors, as it potentially mitigates regulatory risks without substantially altering the competitive landscape. The stock's upward movement reflects market confidence in the company's ability to navigate these challenges and maintain its market share.

  • 3/3/2026NEGATIVE
    DOJ rips into Ticketmaster monopoly in court: ‘today, the concert ticket industry is broken’

    The U.S. Department of Justice (DOJ) has launched a frontal assault on Ticketmaster, accusing it of monopolistic practices that have 'broken' the concert ticket industry. The DOJ's statements, framing the case as an issue of 'a monopolist's power to control competition,' put Live Nation Entertainment, Ticketmaster's parent company, squarely in the spotlight. This legal action could have significant repercussions for the entertainment giant, potentially leading to substantial fines, operational restrictions, or even a forced divestiture. Investors should closely monitor developments, as the outcome of this litigation could drastically alter Live Nation's competitive landscape and future profitability.

via Markets Gazette