Overview Dividends

(SEAT) Vivid Seats - Ratings and Ratios

Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US92854T1007

Tickets, Marketplace, Resale

SEAT EPS (Earnings per Share)

EPS Growth (3Y CAGR): -3.57%
EPS Trend (3Y Correlation): -47.4%

SEAT Revenue

Revenue Growth (3Y CAGR): -3.16%
Revenue Trend (3Y Correlation): 13.8%

Description: SEAT Vivid Seats October 26, 2025

Vivid Seats Inc. (NASDAQ: SEAT) runs an online ticket marketplace across the United States, Canada, and Japan, split into a Marketplace segment that connects buyers and sellers via its branded platforms (Vivid Seats, Vegas.com, Wavedash, and Vivid Picks) and a Resale segment that purchases tickets for secondary-market sales while developing the proprietary Skybox ERP system for inventory and dynamic pricing management.

In FY 2023 the company reported $1.04 billion in total revenue, a 12% year-over-year increase driven primarily by higher average ticket prices and a 9% rise in transaction volume, reflecting continued consumer appetite for live-event experiences as pandemic restrictions receded.

Key economic drivers for Vivid Seats include discretionary consumer spending trends, the resurgence of in-person entertainment, and the growing adoption of mobile-first ticketing solutions; sector-wide, the U.S. secondary ticket market is projected to reach $13 billion by 2027, with price-elastic demand concentrated in sports and music concerts.

Investors seeking a data-rich assessment of Vivid Seats’ valuation metrics and competitive positioning may find the ValueRay platform’s granular financial models and scenario analyses useful for deeper research.

SEAT Stock Overview

Market Cap in USD	128m
Sub-Industry	Movies & Entertainment
IPO / Inception	2020-10-12

SEAT Stock Ratings

Growth Rating	-75.4%
Fundamental	22.7%
Dividend Rating	1.0%
Return 12m vs S&P 500	-87.2%
Analyst Rating	3.83 of 5

SEAT Dividends

Currently no dividends paid

SEAT Growth Ratios

Growth Correlation 3m	-83.5%
Growth Correlation 12m	-91.9%
Growth Correlation 5y	-3.9%
CAGR 5y	-58.21%
CAGR/Max DD 3y (Calmar Ratio)	-0.62
CAGR/Mean DD 3y (Pain Ratio)	-1.30
Sharpe Ratio 12m	-1.50
Alpha	-102.61
Beta	0.944
Volatility	97.03%
Current Volume	99.8k
Average Volume 20d	121k
Stop Loss	11.5 (-7.3%)
Signal	-0.30

Piotroski VR‑10 (Strict, 0-10) 3.0

Net Income (-141.2m TTM) > 0 and > 6% of Revenue (6% = 41.6m TTM)

FCFTA -0.04 (>2.0%) and ΔFCFTA -8.40pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue -14.72% (prev -12.74%; Δ -1.98pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA -0.02 (>3.0%) and CFO -25.3m > Net Income -141.2m (YES >=105%, WARN >=100%)

NO Net Debt/EBITDA fails (EBITDA <= 0)

Current Ratio 0.72 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (10.3m) change vs 12m ago -0.51% (target <= -2.0% for YES)

Gross Margin 72.56% (prev 71.73%; Δ 0.82pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 49.50% (prev 46.87%; Δ 2.63pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio -6.62 (EBITDA TTM -110.5m / Interest Expense TTM 24.1m) >= 6 (WARN >= 3)

Altman Z'' -5.80

(A) -0.09 = (Total Current Assets 264.9m - Total Current Liabilities 367.1m) / Total Assets 1.15b

(B) -0.94 = Retained Earnings (Balance) -1.08b / Total Assets 1.15b

(D) -1.34 = Book Value of Equity -1.08b / Total Liabilities 803.1m

Total Rating: -5.80 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 22.68

1. Piotroski 3.0pt = -2.0

2. FCF Yield -11.86% = -5.0

3. FCF Margin -6.52% = -2.44

4. Debt/Equity 1.87 = 0.96

5. Debt/Ebitda -2.30 = -2.50

6. ROIC - WACC (= -36.42)% = -12.50

7. RoE -47.52% = -2.50

8. Rev. Trend 13.77% = 1.03

9. EPS Trend -47.41% = -2.37

What is the price of SEAT shares?

As of November 03, 2025, the stock is trading at USD 12.41 with a total of 99,778 shares traded.
Over the past week, the price has changed by -3.80%, over one month by -22.10%, over three months by -52.81% and over the past year by -84.45%.

Is Vivid Seats a good stock to buy?

No, based on ValueRay´s Fundamental Analyses, Vivid Seats (NASDAQ:SEAT) is currently (November 2025) a stock to sell. It has a ValueRay Fundamental Rating of 22.68 and therefor a negative outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of SEAT is around 11.84 USD . This means that SEAT is currently overvalued and has a potential downside of -4.59%.

Is SEAT a buy, sell or hold?

Vivid Seats has received a consensus analysts rating of 3.83. Therefore, it is recommended to buy SEAT.

Strong Buy: 5
Buy: 1
Hold: 5
Sell: 1
Strong Sell: 0

What are the forecasts/targets for the SEAT price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	24.2	95.2%
Analysts Target Price	24.2	95.2%
ValueRay Target Price	12.6	1.9%

SEAT Fundamental Data Overview November 03, 2025

Market Cap USD = 127.6m (127.6m USD * 1.0 USD.USD)
P/E Forward = 22.7273
P/S = 0.1839
P/B = 0.4743
Beta = 0.944
Revenue TTM = 694.0m USD
EBIT TTM = -159.4m USD
EBITDA TTM = -110.5m USD
Long Term Debt = 385.0m USD (from longTermDebt, last quarter)
Short Term Debt = 3.95m USD (from shortTermDebt, last quarter)
Debt = 406.6m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 253.6m USD (from netDebt column, last quarter)
Enterprise Value = 381.2m USD (127.6m + Debt 406.6m - CCE 153.0m)
Interest Coverage Ratio = -6.62 (Ebit TTM -159.4m / Interest Expense TTM 24.1m)
FCF Yield = -11.86% (FCF TTM -45.2m / Enterprise Value 381.2m)
FCF Margin = -6.52% (FCF TTM -45.2m / Revenue TTM 694.0m)
Net Margin = -20.35% (Net Income TTM -141.2m / Revenue TTM 694.0m)
Gross Margin = 72.56% ((Revenue TTM 694.0m - Cost of Revenue TTM 190.5m) / Revenue TTM)
Gross Margin QoQ = 70.45% (prev 72.85%)
Tobins Q-Ratio = 0.33 (Enterprise Value 381.2m / Total Assets 1.15b)
Interest Expense / Debt = 1.39% (Interest Expense 5.63m / Debt 406.6m)
Taxrate = -40.69% (negative due to tax credits) (76.2m / -187.2m)
NOPAT = -224.2m (EBIT -159.4m * (1 - -40.69%)) [loss with tax shield] [negative tax rate / tax credits]
Current Ratio = 0.72 (Total Current Assets 264.9m / Total Current Liabilities 367.1m)
Debt / Equity = 1.87 (Debt 406.6m / totalStockholderEquity, last quarter 217.3m)
Debt / EBITDA = -2.30 (negative EBITDA) (Net Debt 253.6m / EBITDA -110.5m)
Debt / FCF = -5.61 (negative FCF - burning cash) (Net Debt 253.6m / FCF TTM -45.2m)
Total Stockholder Equity = 297.2m (last 4 quarters mean from totalStockholderEquity)
RoA = -12.29% (Net Income -141.2m / Total Assets 1.15b)
RoE = -47.52% (Net Income TTM -141.2m / Total Stockholder Equity 297.2m)
RoCE = -23.36% (EBIT -159.4m / Capital Employed (Equity 297.2m + L.T.Debt 385.0m))
RoIC = -32.66% (negative operating profit) (NOPAT -224.2m / Invested Capital 686.5m)
WACC = 3.75% (E(127.6m)/V(534.2m) * Re(9.49%) + D(406.6m)/V(534.2m) * Rd(1.39%) * (1-Tc(-0.41)))
Discount Rate = 9.49% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 33.33 | Cagr: 3.72%
Fair Price DCF = unknown (Cash Flow -45.2m)
EPS Correlation: -47.41 | EPS CAGR: -3.57% | SUE: 0.06 | # QB: 0
Revenue Correlation: 13.77 | Revenue CAGR: -3.16% | SUE: -0.15 | # QB: 0

Additional Sources for SEAT Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
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Fund Manager Positions: Dataroma | Stockcircle