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

• Market Cap: €7.34B
• Dividend Yield: 2.09%
• Average Volume (3M): 195.70K
• Price to Earnings (P/E): 25.9
• Beta (1Y): 0.77
• Revenue Growth: 14.20%
• EPS Growth: -9.92%
• Country: DE
• Employees: 4,434
• Sector: Services
• Sector Strength: N/A
• Industry: Entertainment
• EPS (TTM): 0.45
• Shares Outstanding: 96,000,000
• 10 Day Avg. Volume: 173,343
• 30 Day Avg. Volume: 195,699
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• 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: €111.50
• Price Target Upside: 40.69% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 11
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 64 Neutral
• Price Target: €85.00 ▲(7.26% Upside)

CTS Eventim AG & Co. KGaA's strong financial performance is a major positive, reflecting solid revenue growth and profitability. However, technical analysis indicates bearish momentum, which is a significant risk. The valuation suggests the stock might be overvalued, though the dividend yield offers some compensation. These factors collectively result in a moderate overall stock score.

Positive Factors

Negative Factors

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 primarily through ticket sales, which account for a significant portion of its earnings. The company earns fees from ticket transactions, including service fees charged to customers and commissions from event organizers. Another key revenue stream comes from the promotion and management of live events, where the company may receive a share of ticket sales and sponsorship revenue. Additionally, CTS Eventim benefits from partnerships with various event venues, artists, and promoters, allowing them to expand their event offerings and enhance ticket sales. The company's robust online presence and technology-driven ticketing solutions further contribute to its profitability by streamlining the ticket purchasing process and attracting a broader audience.

CTS Eventim AG & Co. KGaA Financial Statement Overview

Summary

CTS Eventim AG & Co. KGaA demonstrates strong financial health with substantial revenue and profit growth, maintaining a solid balance sheet with low leverage. The cash flow situation is positive, although a recent dip in free cash flow warrants attention. Overall, the company is well-positioned in the entertainment industry, showing resilience and growth potential.

Income Statement

The company shows strong revenue growth, with the TTM revenue increasing significantly from previous years, indicating robust demand and successful business strategies. The gross profit margin is healthy, reflecting efficient cost control. Net profit margin and EBIT margin are strong, suggesting solid profitability. However, there was a slight decline in net income compared to the previous year.

Balance Sheet

The balance sheet displays a solid equity base and a healthy equity ratio, indicating financial stability. The debt-to-equity ratio is low, reflecting prudent financial management and low leverage risk. The return on equity is strong, showcasing efficient use of shareholder funds. However, a slight increase in total liabilities was noted.

Cash Flow

The company has positive operating and free cash flow, with a consistent generation of cash from operations. The free cash flow to net income ratio is favorable, indicating good liquidity management. However, there was a decline in free cash flow compared to the previous year, which could impact future capital expenditures.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	2.90B	2.81B	2.36B	1.93B	407.82M	256.84M
Gross Profit	760.09M	740.57M	603.16M	448.32M	80.71M	9.82M
EBITDA	600.53M	596.99M	450.50M	394.81M	207.10M	-92.71M
Net Income	297.46M	318.87M	274.64M	203.75M	87.91M	-88.07M
Balance Sheet
Total Assets	4.07B	4.07B	3.20B	2.61B	2.29B	1.83B
Cash, Cash Equivalents and Short-Term Investments	1.71B	1.75B	1.67B	1.26B	1.01B	764.15M
Total Debt	117.11M	121.30M	124.66M	121.29M	135.58M	137.76M
Total Liabilities	2.81B	2.88B	2.18B	1.77B	1.70B	1.33B
Stockholders Equity	1.07B	1.03B	896.81M	731.62M	529.95M	448.02M
Cash Flow
Free Cash Flow	227.91M	329.89M	459.13M	125.50M	467.70M	-142.05M
Operating Cash Flow	404.44M	506.42M	630.12M	179.03M	502.74M	-125.68M
Investing Cash Flow	136.66M	179.62M	-616.74M	-44.00M	-62.62M	-20.26M
Financing Cash Flow	-162.12M	-193.85M	-141.64M	-29.89M	-222.68M	98.42M

CTS Eventim AG & Co. KGaA Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 79.25
• 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 Neutral. The current price of 79.25 is above the 20-day moving average (MA) of 78.69, below the 50-day MA of 81.56, and below the 200-day MA of 95.72, indicating a neutral trend. The MACD of -1.10 indicates Negative momentum. The RSI at 47.87 is Neutral, neither overbought nor oversold. The STOCH value of 52.47 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral 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
HAG	65 Neutral	€10.62B	116.70	11.52%	0.57%	18.53%	73.20%
G1A	65 Neutral	€9.91B	25.44	17.92%	1.92%	1.93%	2.27%
EVD	64 Neutral	€7.34B	25.92	31.13%	2.09%	14.20%	-9.92%
CLIQ	56 Neutral	€14.57M	―	-31.39%	3.74%	―	―
Sector *	55 Neutral	$13.29B	17.42	10.03%	0.93%	7.13%	-12.93%
BVB	53 Neutral	€367.00M	56.45	1.99%	1.81%	3.32%	-85.33%