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

• Market Cap: €7.61B
• Dividend Yield: 2.13%
• Average Volume (3M): 195.70K
• Price to Earnings (P/E): 26.5
• 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: 37.73% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 10
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 69 Neutral
• Price Target: €93.00 ▲(17.28% Upside)

CTS Eventim AG & Co. KGaA's strong financial performance is the most significant factor, supported by robust revenue growth and profitability. Technical analysis indicates potential bearish momentum, and the valuation suggests the stock is relatively expensive. The absence of earnings call and corporate events data limits further insights.

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

CTS Eventim AG & Co. KGaA exhibits strong financial health with consistent revenue growth, robust profitability margins, and effective cash flow management. The company's low leverage and high return on equity further underscore its solid financial position. Minor concerns include a slight decrease in net profit margin and stockholders' equity.

Income Statement

CTS Eventim AG & Co. KGaA has shown strong revenue growth over the years, with a 7% increase in TTM. The company maintains healthy margins, with a gross profit margin of 26.2% and a net profit margin of 10.3% in TTM. The EBIT and EBITDA margins are also robust, indicating efficient operations. However, the net profit margin has slightly decreased from the previous year, suggesting some pressure on profitability.

Balance Sheet

The company has a low debt-to-equity ratio of 0.11 in TTM, indicating prudent financial management and low leverage risk. The return on equity is strong at 30.3%, reflecting effective use of equity to generate profits. The equity ratio is stable, suggesting a solid financial foundation. However, the slight decrease in stockholders' equity compared to the previous year could be a point of concern.

Cash Flow

CTS Eventim AG & Co. KGaA has demonstrated impressive free cash flow growth of 153% in TTM, indicating strong cash generation capabilities. The operating cash flow to net income ratio is healthy, suggesting good cash conversion. The free cash flow to net income ratio is also solid, reflecting efficient cash management. Despite a decrease in operating cash flow from the previous year, the overall cash flow position remains strong.

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: Positive
• Last Price: 79.30
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• 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 Positive. The current price of 79.3 is above the 20-day moving average (MA) of 78.06, below the 50-day MA of 79.34, and below the 200-day MA of 91.42, indicating a neutral trend. The MACD of -0.25 indicates Negative momentum. The RSI at 52.05 is Neutral, neither overbought nor oversold. The STOCH value of 39.35 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive 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	69 Neutral	€7.61B	26.51	29.88%	2.13%	11.15%	14.71%
HAG	68 Neutral	€10.55B	85.04	15.96%	0.68%	14.89%	619.09%
CLIQ	63 Neutral	€10.21M	-0.25	-43.92%	5.87%	―	―
BVB	62 Neutral	€369.21M	13.25	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	41 Neutral	€33.98M	-9.42	-1053.34%	―	―	―