(EVD) CTS Eventim & Co. KGaA - Ratings and Ratios
Tickets, Events, Festivals, Venues
Dividends
| Dividend Yield | 2.13% |
| Yield on Cost 5y | 3.47% |
| Yield CAGR 5y | 34.91% |
| Payout Consistency | 73.2% |
| Payout Ratio | 55.5% |
| Risk via 10d forecast | |
|---|---|
| Volatility | 30.0% |
| Value at Risk 5%th | 44.1% |
| Relative Tail Risk | -10.65% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | -0.09 |
| Alpha | -10.63 |
| CAGR/Max DD | 0.36 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.476 |
| Beta | 0.147 |
| Beta Downside | 0.247 |
| Drawdowns 3y | |
|---|---|
| Max DD | 32.14% |
| Mean DD | 10.72% |
| Median DD | 9.58% |
Description: EVD CTS Eventim & Co. KGaA October 31, 2025
CTS Eventim AG & Co. KGaA (XETRA:EVD) is a German-based leisure-events operator that sells and manages tickets across a broad portfolio of concerts, festivals, theatre, sports, cinema and trade-fair events in Europe, the United States and select Latin-American markets.
The company runs two distinct business lines: a Ticketing segment that offers a suite of branded platforms (EVENTIM.Net, EVENTIM.Inhouse, EVENTIM.Tixx, EVENTIM.Light, EVENTIM.Access) and ancillary services such as kinoheld cinema software and the fanSALE resale marketplace; and a Live Entertainment segment that plans, produces and promotes tours, festivals and venue operations.
Geographically, Eventim’s footprint spans Germany, Italy, Switzerland, Austria, the United Kingdom, Spain, the Netherlands, the Nordic countries, France, the United States, Chile and Brazil, giving it exposure to both mature Western markets and high-growth emerging venues.
Recent financials show FY 2023 revenue of approximately €2.0 bn, with an EBITDA margin near 20 % and a ticket-volume growth of roughly 10 % YoY, driven largely by a shift toward online sales and the post-COVID resurgence of live-event demand.
Key sector drivers include the continued digitalisation of ticket distribution, rising consumer willingness to spend on experiential entertainment, and macro-economic factors such as disposable-income trends and inflation-adjusted ticket pricing power.
For a deeper quantitative assessment, you might explore ValueRay’s analyst toolkit to evaluate Eventim’s valuation relative to its peers.
Piotroski VR‑10 (Strict, 0-10) 8.5
| Net Income (287.2m TTM) > 0 and > 6% of Revenue (6% = 175.8m TTM) |
| FCFTA 0.09 (>2.0%) and ΔFCFTA 2.81pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue -11.71% (prev -7.12%; Δ -4.58pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.10 (>3.0%) and CFO 385.1m > Net Income 287.2m (YES >=105%, WARN >=100%) |
| Net Debt (-1.40b) to EBITDA (469.0m) ratio: -2.98 <= 3.0 (WARN <= 3.5) |
| Current Ratio 0.85 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (96.0m) change vs 12m ago -0.01% (target <= -2.0% for YES) |
| Gross Margin 26.79% (prev 25.64%; Δ 1.14pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 82.87% (prev 79.08%; Δ 3.78pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 11.10 (EBITDA TTM 469.0m / Interest Expense TTM 35.5m) >= 6 (WARN >= 3) |
Altman Z'' 1.33
| (A) -0.09 = (Total Current Assets 1.92b - Total Current Liabilities 2.26b) / Total Assets 3.74b |
| (B) 0.25 = Retained Earnings (Balance) 916.0m / Total Assets 3.74b |
| (C) 0.11 = EBIT TTM 393.5m / Avg Total Assets 3.54b |
| (D) 0.37 = Book Value of Equity 1.01b / Total Liabilities 2.76b |
| Total Rating: 1.33 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 82.54
| 1. Piotroski 8.50pt |
| 2. FCF Yield 5.28% |
| 3. FCF Margin 12.09% |
| 4. Debt/Equity 0.12 |
| 5. Debt/Ebitda -2.98 |
| 6. ROIC - WACC (= 19.39)% |
| 7. RoE 28.61% |
| 8. Rev. Trend 26.06% |
| 9. EPS Trend 30.99% |
What is the price of EVD shares?
Over the past week, the price has changed by -2.80%, over one month by -3.04%, over three months by -10.23% and over the past year by -5.80%.
Is EVD a buy, sell or hold?
What are the forecasts/targets for the EVD price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 105 | 34.4% |
| Analysts Target Price | - | - |
| ValueRay Target Price | 85.8 | 9.9% |
EVD Fundamental Data Overview December 12, 2025
Market Cap EUR = 7.60b (7.60b EUR * 1.0 EUR.EUR)
P/E Trailing = 26.8475
P/E Forward = 22.5734
P/S = 2.5952
P/B = 8.2969
Beta = 1.083
Revenue TTM = 2.93b EUR
EBIT TTM = 393.5m EUR
EBITDA TTM = 469.0m EUR
Long Term Debt = 26.5m EUR (from longTermDebt, last quarter)
Short Term Debt = 24.6m EUR (from shortTermDebt, last fiscal year)
Debt = 121.3m EUR (from shortLongTermDebtTotal, last fiscal year)
Net Debt = -1.40b EUR (from netDebt column, last fiscal year)
Enterprise Value = 6.70b EUR (7.60b + Debt 121.3m - CCE 1.02b)
Interest Coverage Ratio = 11.10 (Ebit TTM 393.5m / Interest Expense TTM 35.5m)
FCF Yield = 5.28% (FCF TTM 354.2m / Enterprise Value 6.70b)
FCF Margin = 12.09% (FCF TTM 354.2m / Revenue TTM 2.93b)
Net Margin = 9.80% (Net Income TTM 287.2m / Revenue TTM 2.93b)
Gross Margin = 26.79% ((Revenue TTM 2.93b - Cost of Revenue TTM 2.14b) / Revenue TTM)
Gross Margin QoQ = 22.25% (prev 20.95%)
Tobins Q-Ratio = 1.79 (Enterprise Value 6.70b / Total Assets 3.74b)
Interest Expense / Debt = 9.16% (Interest Expense 11.1m / Debt 121.3m)
Taxrate = 33.17% (38.1m / 114.8m)
NOPAT = 263.0m (EBIT 393.5m * (1 - 33.17%))
Current Ratio = 0.85 (Total Current Assets 1.92b / Total Current Liabilities 2.26b)
Debt / Equity = 0.12 (Debt 121.3m / totalStockholderEquity, last quarter 977.2m)
Debt / EBITDA = -2.98 (Net Debt -1.40b / EBITDA 469.0m)
Debt / FCF = -3.95 (Net Debt -1.40b / FCF TTM 354.2m)
Total Stockholder Equity = 1.00b (last 4 quarters mean from totalStockholderEquity)
RoA = 7.68% (Net Income 287.2m / Total Assets 3.74b)
RoE = 28.61% (Net Income TTM 287.2m / Total Stockholder Equity 1.00b)
RoCE = 38.19% (EBIT 393.5m / Capital Employed (Equity 1.00b + L.T.Debt 26.5m))
RoIC = 25.94% (NOPAT 263.0m / Invested Capital 1.01b)
WACC = 6.55% (E(7.60b)/V(7.72b) * Re(6.56%) + D(121.3m)/V(7.72b) * Rd(9.16%) * (1-Tc(0.33)))
Discount Rate = 6.56% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 8.05%
Shares Correlation 3-Years: 0.0 | Cagr: 0.0%
[DCF Debug] Terminal Value 75.39% ; FCFE base≈301.4m ; Y1≈252.2m ; Y5≈187.3m
Fair Price DCF = 35.84 (DCF Value 3.44b / Shares Outstanding 96.0m; 5y FCF grow -19.74% → 3.0% )
EPS Correlation: 30.99 | EPS CAGR: 1.33% | SUE: 0.36 | # QB: 0
Revenue Correlation: 26.06 | Revenue CAGR: 42.25% | SUE: -0.25 | # QB: 0
EPS next Year (2026-12-31): EPS=3.60 | Chg30d=-0.111 | Revisions Net=-5 | Growth EPS=+14.3% | Growth Revenue=+5.8%