CTS Eventim AG & Co. KGaA (EVD) AI Stock Analysis

• Market Cap: €6.97B
• Dividend Yield: 2.13%
• Average Volume (3M): 195.70K
• Price to Earnings (P/E): 24.3
• Beta (1Y): 0.67
• Revenue Growth: 11.15%
• EPS Growth: 14.71%
• Country: DE
• Employees: 4,434
• Sector: Communication Services
• Sector Strength: 97
• Industry: Entertainment
• EPS (TTM): 0.62
• Shares Outstanding: 96,000,000
• 10 Day Avg. Volume: 173,343
• 30 Day Avg. Volume: 195,699
• PEG Ratio: 1.53
• Price to Book (P/B): 7.63
• Price to Sales (P/S): 2.79
• P/FCF Ratio: 23.76
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: €109.22
• Price Target Upside: 53.83% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 10
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 68 Neutral
• Price Target: €87.00 ▲(22.54% Upside)

The score is driven primarily by strong financial performance (solid margins, high ROE, and improving free cash flow). Offsetting this, technicals indicate a weaker longer-term trend with only neutral momentum, and valuation appears relatively premium despite a moderate dividend yield.

Positive Factors

Revenue Growth

Consistent revenue growth indicates a strong market position and effective business model, supporting long-term expansion and profitability.

Cash Generation

Strong cash generation enhances financial flexibility, enabling strategic investments and providing a buffer against economic downturns.

Low Leverage

Low leverage reduces financial risk and interest obligations, allowing the company to focus on growth and operational efficiency.

Negative Factors

Net Profit Margin Pressure

Decreasing net profit margin may indicate rising costs or pricing pressures, potentially affecting long-term profitability.

Decrease in Stockholders' Equity

A decrease in stockholders' equity can signal potential issues with asset management or profitability, impacting financial stability.

Operating Cash Flow Decrease

Reduced operating cash flow may limit the company's ability to fund operations and growth initiatives, affecting future performance.

CTS Eventim AG & Co. KGaA Business Overview & Revenue Model

Company Description

CTS Eventim AG & Co. KGaA operates in the leisure events market in Germany, Italy, the United States, Switzerland, Austria, Finland, the Netherlands, Spain, and internationally. It operates through two segments, Ticketing and Live Entertainment. The Ticketing segment produces, sells, brokers, distributes, and markets tickets for concerts, theatre, art, sports, and other events. It markets events (tickets) through eventim.Web and using its network platform, EVENTIM.Net; in-house ticketing products through EVENTIM.Inhouse; sport ticketing products through EVENTIM.Tixx; and self-service products for promotors through EVENTIM.Light, as well as provides a solution for ticket sales and admission control through EVENTIM.Access. This segment also operates kinoheld software for cinema operators; EVENTIM.fanSALE, a resale portal where customers sell event tickets to other customers; and online portal under various brands, such as eventim.de, oeticket.com, ticketcorner.ch, ticketone.it, and entradas.com. The Live Entertainment segment plans, prepares, and performs tours, events, and festivals including music events and concerts, as well as markets music productions. This segment is also involved in the operation of venues. The company was formerly known as CTS EVENTIM AG and changed its name to CTS Eventim AG & Co. KGaA in May 2014. CTS Eventim AG & Co. KGaA was founded in 1989 and is headquartered in Bremen, Germany.

How the Company Makes Money

CTS Eventim generates revenue through several key streams. The primary source of income comes from ticket sales, where the company earns a commission on each ticket sold through its platform. Additionally, it generates revenue from service fees associated with ticket purchases. The company also profits from organizing and promoting live events, where it may receive a share of ticket sales and sponsorships. Strategic partnerships with event organizers, venues, and artists enhance its offerings and market reach, contributing to its overall earnings. Furthermore, CTS Eventim benefits from ancillary services such as hospitality and merchandise sales at events, diversifying its revenue portfolio.

CTS Eventim AG & Co. KGaA Financial Statement Overview

Summary

Strong profitability and earnings power with healthy margins and high returns on equity, supported by consistently positive and improving free cash flow. Key risks are flat recent revenue growth, a dip in net margin in TTM 2025 vs 2024, and an uptick in debt that slightly reduces flexibility.

Income Statement

Revenue has rebounded sharply since 2020 and remains high in 2024 and TTM (Trailing-Twelve-Months) 2025, though the most recent revenue growth is essentially flat versus 2024. Profitability is solid with healthy gross profit and operating margins in 2023–TTM 2025, supporting strong earnings power. A key watch-out is that net margin eased in TTM (Trailing-Twelve-Months) 2025 versus 2024, signaling some cost pressure or mix effects despite continued strong operating performance.

Balance Sheet

Leverage looks manageable overall, with debt-to-equity remaining low-to-moderate across recent periods, which supports balance-sheet resilience. Returns on equity are strong in 2022–TTM (Trailing-Twelve-Months) 2025, indicating effective capital use. The main negative is a noticeable rise in total debt in TTM (Trailing-Twelve-Months) 2025 versus 2024 and slightly lower equity, which reduces balance-sheet flexibility compared with last year even though leverage remains reasonable.

Cash Flow

Cash generation is a clear strength: operating cash flow and free cash flow are firmly positive in 2022–TTM (Trailing-Twelve-Months) 2025, and TTM (Trailing-Twelve-Months) 2025 shows strong free cash flow growth versus 2024. Free cash flow is consistently a meaningful share of net income, suggesting earnings quality is generally good. The key weakness is that operating cash flow is relatively modest compared with revenue (and this ratio remains low), implying working-capital swings or timing effects that can make cash conversion less predictable year to year.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	2.93B	2.81B	2.36B	1.93B	407.82M	256.84M
Gross Profit	784.75M	740.57M	603.16M	448.32M	80.71M	9.82M
EBITDA	614.11M	596.99M	450.50M	394.81M	207.10M	-92.71M
Net Income	287.18M	318.87M	274.64M	203.75M	87.91M	-88.07M
Balance Sheet
Total Assets	3.74B	4.07B	3.20B	2.61B	2.29B	1.83B
Cash, Cash Equivalents and Short-Term Investments	1.20B	1.75B	1.67B	1.26B	1.01B	764.15M
Total Debt	239.49M	121.30M	124.66M	121.29M	135.58M	137.76M
Total Liabilities	2.61B	2.88B	2.18B	1.77B	1.70B	1.33B
Stockholders Equity	977.24M	1.03B	896.81M	731.62M	529.95M	448.02M
Cash Flow
Free Cash Flow	354.21M	329.89M	459.13M	125.50M	467.70M	-142.05M
Operating Cash Flow	518.87M	506.42M	630.12M	179.03M	502.74M	-125.68M
Investing Cash Flow	-48.46M	179.62M	-616.74M	-44.00M	-62.62M	-20.26M
Financing Cash Flow	-376.00M	-193.85M	-141.64M	-29.89M	-222.68M	98.42M

CTS Eventim AG & Co. KGaA Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 71.00
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For DE:EVD, the sentiment is Negative. The current price of 71 is below the 20-day moving average (MA) of 75.65, below the 50-day MA of 78.05, and below the 200-day MA of 90.18, indicating a bearish trend. The MACD of -1.79 indicates Positive momentum. The RSI at 31.85 is Neutral, neither overbought nor oversold. The STOCH value of 29.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for DE:EVD.

CTS Eventim AG & Co. KGaA Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
EVD	68 Neutral	€6.97B	24.28	29.88%	2.13%	11.15%	14.71%
HAG	68 Neutral	€10.00B	80.66	15.96%	0.68%	14.89%	619.09%
CLIQ	63 Neutral	€12.87M	-0.30	-43.92%	5.87%	―	―
BVB	62 Neutral	€362.04M	12.99	8.22%	1.84%	2.24%	―
G1A	61 Neutral	€9.62B	24.00	17.71%	2.01%	2.26%	6.49%
Sector *	60 Neutral	$48.67B	4.58	-11.27%	4.14%	2.83%	-41.78%
PAL	45 Neutral	€35.52M	-9.85	-1053.34%	―	―	―