(EVD) CTS Eventim & Co. KGaA - Overview
Sector: Communication Services | Industry: Entertainment | Exchange: XETRA (Germany) | Market Cap: 5.505m EUR | Total Return: -46% in 12m
Avg Turnover: 12.8M
EPS Trend: 53.3%
Qual. Beats: 0
Rev. Trend: 64.2%
Qual. Beats: 1
Warnings
No concerns identified
Tailwinds
Shakeout
CTS Eventim AG & Co. KGaA is a major European provider of ticketing services and live entertainment management, headquartered in Hamburg. The company operates through two primary segments: Ticketing, which utilizes proprietary software platforms like EVENTIM.Net and EVENTIM.Tixx to distribute tickets across diverse event categories, and Live Entertainment, which manages event planning, tour production, and venue operations.
The business model relies on a vertically integrated approach, capturing value from both the digital transaction fees of ticket sales and the physical execution of large-scale festivals and concerts. In the leisure events sector, companies often utilize proprietary digital rights management, such as the EVENTIM.Pass, to mitigate secondary market scalping and maintain pricing control for organizers.
For more detailed insights into the companys financial valuation, you may find it useful to explore the metrics available on ValueRay.
- High-margin online ticketing volume growth drives overall group EBITDA expansion
- International expansion and US market entry increase global market share
- Live entertainment segment profitability hinges on artist tour and festival demand
- Venue management revenue provides stable cash flow against seasonal ticketing volatility
- Antitrust investigations into European ticketing dominance pose significant regulatory risks
| Net Income: 277.3m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.03 > 0.02 and ΔFCF/TA -5.04 > 1.0 |
| NWC/Revenue: -10.02% < 20% (prev -3.25%; Δ -6.77% < -1%) |
| CFO/TA 0.09 > 3% & CFO 367.7m > Net Income 277.3m |
| Net Debt (-954.2m) to EBITDA (601.3m): -1.59 < 3 |
| Current Ratio: 0.88 > 1.5 & < 3 |
| Outstanding Shares: last quarter (96.0m) vs 12m ago 0.0% < -2% |
| Gross Margin: 26.96% > 18% (prev 0.26%; Δ 2.67k% > 0.5%) |
| Asset Turnover: 73.76% > 50% (prev 69.05%; Δ 4.71% > 0%) |
| Interest Coverage Ratio: 8.20 > 6 (EBITDA TTM 601.3m / Interest Expense TTM 60.9m) |
| A: -0.07 (Total Current Assets 2.35b - Total Current Liabilities 2.66b) / Total Assets 4.28b |
| B: 0.24 (Retained Earnings 1.01b / Total Assets 4.28b) |
| C: 0.12 (EBIT TTM 499.7m / Avg Total Assets 4.17b) |
| D: 0.35 (Book Value of Equity 1.08b / Total Liabilities 3.04b) |
| Altman-Z'' = 1.48 = BB |
| DSRI: 1.64 (Receivables 428.6m/237.7m, Revenue 3.08b/2.81b) |
| GMI: 0.98 (GM 26.96% / 26.37%) |
| AQI: 0.99 (AQ_t 0.30 / AQ_t-1 0.30) |
| SGI: 1.10 (Revenue 3.08b / 2.81b) |
| TATA: -0.02 (NI 277.3m - CFO 367.7m) / TA 4.28b) |
| Beneish M = -2.47 (Cap -4..+1) = BBB |
As of May 29, 2026, the stock is trading at EUR 56.15 with a total of 380,633 shares traded.
Over the past week, the price has changed by +3.03%,
over one month by -0.87%,
over three months by -16.35% and
over the past year by -45.97%.
CTS Eventim & Co. KGaA has no consensus analysts rating.
P/E Trailing = 19.1806
P/E Forward = 17.4216
P/S = 1.7878
P/B = 5.5989
P/EG = 1.6543
Revenue TTM = 3.08b EUR
EBIT TTM = 499.7m EUR
EBITDA TTM = 601.3m EUR
Long Term Debt = 63.1m EUR (from longTermDebt, last quarter)
Short Term Debt = 118.5m EUR (from shortTermDebt, last quarter)
Debt = 401.5m EUR (from shortLongTermDebtTotal, last quarter) + Leases 121.2m
Net Debt = -954.2m EUR (calculated: Debt 401.5m - CCE 1.36b)
Enterprise Value = 4.55b EUR (5.51b + Debt 401.5m - CCE 1.36b)
Interest Coverage Ratio = 8.20 (Ebit TTM 499.7m / Interest Expense TTM 60.9m)
EV/FCF = 34.61x (Enterprise Value 4.55b / FCF TTM 131.5m)
FCF Yield = 2.89% (FCF TTM 131.5m / Enterprise Value 4.55b)
FCF Margin = 4.27% (FCF TTM 131.5m / Revenue TTM 3.08b)
Net Margin = 9.00% (Net Income TTM 277.3m / Revenue TTM 3.08b)
Gross Margin = 26.96% ((Revenue TTM 3.08b - Cost of Revenue TTM 2.25b) / Revenue TTM)
Gross Margin QoQ = 34.15% (prev 22.25%)
Tobins Q-Ratio = 1.06 (Enterprise Value 4.55b / Total Assets 4.28b)
Interest Expense / Debt = 15.17% (Interest Expense 60.9m / Debt 401.5m)
Taxrate = 33.56% (66.6m / 198.6m)
NOPAT = 332.0m (EBIT 499.7m * (1 - 33.56%))
Current Ratio = 0.88 (Total Current Assets 2.35b / Total Current Liabilities 2.66b)
Debt / Equity = 0.37 (Debt 401.5m / totalStockholderEquity, last quarter 1.08b)
Debt / EBITDA = -1.59 (Net Debt -954.2m / EBITDA 601.3m)
Debt / FCF = -7.26 (Net Debt -954.2m / FCF TTM 131.5m)
Total Stockholder Equity = 1.02b (last 4 quarters mean from totalStockholderEquity)
RoA = 6.64% (Net Income 277.3m / Total Assets 4.28b)
RoE = 27.25% (Net Income TTM 277.3m / Total Stockholder Equity 1.02b)
RoCE = 46.24% (EBIT 499.7m / Capital Employed (Equity 1.02b + L.T.Debt 63.1m))
RoIC = 19.39% (NOPAT 332.0m / Invested Capital 1.71b)
WACC = 7.36% (E(5.51b)/V(5.91b) * Re(7.16%) + D(401.5m)/V(5.91b) * Rd(15.17%) * (1-Tc(0.34)))
Discount Rate = 7.16% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 12.17 | Cagr: 0.0%
[DCF] Terminal Value 73.10% ; FCFF base≈210.9m ; Y1≈184.9m ; Y5≈149.4m
[DCF] Fair Price = 34.92 (EV 2.40b - Net Debt -954.2m = Equity 3.35b / Shares 96.0m; r=8.35% [WACC [floored]]; 5y FCF grow -15.0% → 2.50% )
EPS Correlation: 53.29 | EPS CAGR: 6.75% | SUE: 0.47 | # QB: 0
Revenue Correlation: 64.15 | Revenue CAGR: 24.65% | SUE: 1.56 | # QB: 1
EPS current Quarter (2026-06-30): EPS=0.74 | Chg30d=-3.43% | Revisions=-20% | Analysts=1
EPS current Year (2026-12-31): EPS=3.31 | Chg30d=-0.65% | Revisions=+0% | GrowthEPS=+13.2% | GrowthRev=+2.7%
EPS next Year (2027-12-31): EPS=3.67 | Chg30d=-3.34% | Revisions=-11% | GrowthEPS=+10.7% | GrowthRev=+5.8%
[Analyst] Revisions Ratio: -20%