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Live Nation Entertainment Inc (LYV) Fair Value & Analysis

Communication Services · US · Market cap $42.3B · ISIN US5380341090

What is Live Nation Entertainment Inc really worth?

LN Live Nation Entertainment Inc logo Live Nation Entertainment Inc LYV · US
Price$177.49
Fair Value$59.97
Upside−66.2%
Quality48/100

Below-average quality, and trading another 196% above our fair value of $59.97.

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Risks

!Mixed Growth (revenue 3y +14.7 %/yr)
!Thin margins · 0.3% net margin
!High debt · generates free cash flow
!Trails peers (4/14)
!Narrow moat 34/100
!Evidence only medium, so the estimate is less certain
!Weak on dividend: 4 out of 100
Evidence: Medium Range $34.21 – $84.84

Fair value as of: Aug 22, 2026

From 26 valuation models · updated 14 days ago

Share price −3.4% over the past month.

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

What matters now

  • The price sits above even our optimistic bull case ($84.84). The favourable scenario is already priced in.
  • Solid but not exceptional quality (48/100) and above fair value, neither a clear bargain nor a standout compounder.
  • A fairly wide model range ($34.21 to $84.84) leaves room in how you read the outcome.

Price vs Fair Value (5 years)

$188.46 $65.34 Fair Value $59.97 Jun 2021 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 22, 2026.

How to read this chart

60‑month range $65.34 – $188.46 · fair‑value band $34.21 – $84.84 · the $177.49 price screens above the $59.97 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 1 fiscal year is left out: there the valuation rested on only a fraction of the usual models. Dashed = 300-day average. As of Aug 22, 2026.

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Analysis

Live Nation Entertainment Inc (LYV) currently trades at $177.49, while our model-based Fair Value estimate is $59.97, implying the stock looks roughly 195.9% overvalued today. The Quality Score stands at 48/100 (below-average quality), in the Communication Services sector. Bull case: the DCF Models group reads highest at a median of $60.16 per share, and 0 of the 26 models we run sit above the $177.49 price. Bear case: the Economic Profit group reads lowest at $22.24, and 26 of the 26 models stay below the price. Evidence for this calculation is medium.

Over the trailing twelve months, Live Nation Entertainment Inc generated revenue of $25.6B at a net margin of 0.3%. Revenue grew 12.2% year over year. It earns a return on equity of 14.9%. Net debt stands at $5.3B. Fundamentals as of Aug 22, 2026

Our scenario range runs from $34.21 (bear case) to $84.84 (bull case); at $177.49, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades near its 52-week high and 42% above its 52-week low, currently above its 200-day average. For context, the median of 10 Communication Services peers we cover trades at −45% fair-value upside, at −66%, LYV screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted, family-balanced blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small. Every input is real reported data, nothing guessed.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
FCF DCF $19.06 $35.80 $79.86 74
EPV $44.65 $52.46 $59.29 74
Growth DCF $18.33 $40.04 $77.57 74
All 26 models by family
DCF Models
FCF DCF $19.06 $35.80 $79.86 74
Owner Earnings $2.48 $7.73 $18.17 68
5Y Revenue Exit $46.35 $100.56 $184.81 69
5Y EBITDA Exit $59.90 $130.99 $233.37 71
5Y P/E Exit $27.97 $60.16 $100.46 68
10Y Revenue Exit $35.58 $87.07 $171.42 62
10Y EBITDA Exit $47.20 $111.05 $225.88 63
10Y P/E Exit $25.12 $54.57 $103.08 60
Earnings-Based
Graham-Dodd $14.49 $91.07 $127.21 63
Lynch FV $26.26 $37.51 $48.76 61
PEG = 1.0 $26.26 $37.51 $48.76 57
EPV $44.65 $52.46 $59.29 74
Dividend Discount
Gordon GGM $3.04 $6.31 $10.01 66
DDM Multi-Stage $3.04 $5.32 $6.62 67
Multiples
P/E Multiple $35.17 $46.89 $58.61 63
P/S Multiple $27.17 $36.23 $45.29 58
P/B Multiple $20.52 $27.36 $34.19 55
EV/EBIT $74.35 $99.86 $125.36 66
EV/EBITDA $79.93 $107.29 $134.66 67
EV/Revenue $55.86 $80.73 $105.59 53
Asset-Based
NCAV (Graham) $3.91 $5.24 $7.82 54
Growth DCF
Growth DCF $18.33 $40.04 $77.57 74
Rev-Margin DCF $46.35 $98.56 $173.60 69
Economic Profit
Residual Income $15.40 $22.24 $184.34 64
ROIC Compounder $51.57 $69.43 $92.00 72
Growth Earnings
Growth-Adj P/E $38.23 $54.61 $71.00 67

Widest divergence: DCF Models ($60.16) versus Asset-Based ($5.24). Highest evidence: FCF DCF (74).

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Key figures & financial health

P/S ratio 1.46 TTM
EPS (TTM) $−1.77
Dividend yield 0.2%
Net margin 2.0% FY2025
Return on equity 14.9% TTM
Return on assets (EBIT) 3.6% avg 5y
More key figures
Profitability
Operating margin −9.9% TTM
Growth
Revenue (TTM) $25.6B TTM
Revenue growth (YoY) +12.2% 3y avg +14.7%
EPS growth (YoY) −56.1%
Balance sheet & cash flow
Free cash flow $334M FY2025
Net debt $5.3B FY2025 · ≈ 16.0 yrs of FCF

Figures from reported company fundamentals · as of Aug 22, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 48/100

Of which business quality 49 · Market factors (momentum, volatility) 58

Profitability 54
Margins and returns on capital today
Quality Growth 35
Are margins and returns improving?
Cashflow 38
Earnings quality: real cash, not paper profit
Fin. Strength 40
Balance sheet, leverage, solvency risk
Investment 43
Disciplined investing over empire-building
Low Volatility 58
Calm price path (market factor)
Momentum 54
Price trend over the last 3–12 months (market factor)
52W Momentum 64
Distance to the 52-week high (market factor)
Net Issuance 91
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

Live Nation Entertainment, Inc. operates as a live entertainment company worldwide. The company operates through Concerts, Ticketing, and Sponsorship & Advertising segments. Its Concerts segment promotes live music events in its owned or operated venues, and in rented third-party venues.

Full company description

Live Nation Entertainment, Inc. operates as a live entertainment company worldwide. The company operates through Concerts, Ticketing, and Sponsorship & Advertising segments. Its Concerts segment promotes live music events in its owned or operated venues, and in rented third-party venues. This segment operates and manages music venues; produces music festivals; creates associated content; and offers management and other services to artists. The Ticketing segment manages the ticketing operations, including the provision of ticketing software and services to consumers with marketplace for tickets and event information through mobile apps, other websites, and retail outlets, as well as its websites, such as livenation.com and ticketmaster.com; and provides ticket resale services. This segment offers ticketing services for arenas, stadiums, amphitheaters, music clubs, concert promoters, professional sports franchises and leagues, college sports teams, performing arts venues, museums, and theaters. Its Sponsorship & Advertising segment sells international, national, and local sponsorships and placement of advertising, including signage, online advertising, and promotional programs; rich media offering, including advertising related with live streaming and music-related content; and ads through distribution network of venues, events, and websites. This segment also manages the development of strategic sponsorship programs, as well as develops, books, and produces custom events or programs for specific brands. It owns, operates, or leases entertainment venues. The company was formerly known as Live Nation, Inc. and changed its name to Live Nation Entertainment, Inc. in January 2010. Live Nation Entertainment, Inc. was incorporated in 2005 and is headquartered in Beverly Hills, California.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Live Nation Entertainment Inc reported revenue of $25.2B in FY2025 versus $6.3B in FY2021, a compound +41.6%/yr. Reported net income was $496M in FY2025.

Growth Quality 82/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
$25.2B
Latest YoY
+8.8%
Avg. revenue growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+14.7%
Avg. revenue growth/yr (24Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+10.0%
Value creation/yr (5Y) Earnings growth per share (CAGR 5 years) plus dividend yield: value created per share and year.
+45.3% (45.1 + 0.2)
Revenue +41.6%/yr
FY21 $6.3B
FY22 $16.7B
FY23 $22.7B
FY24 $23.2B
FY25 $25.2B
Net income
FY21 −$651M
FY22 $266M
FY23 $557M
FY24 $896M
FY25 $496M

LYV screens 196% overvalued. Compare with Netflix, Inc →

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Cite: Fair Value Calculator (2026). "Live Nation Entertainment Inc Fair Value". https://www.fairvalue-calculator.com/stock/LYV

Peer Group

Entertainment · 253 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 48 · Below median
Fair Value upside −66% · Bottom 25%
Return on equity (TTM) 15% · Top 25%
Return on assets 2% · Above median
Net margin (TTM) 0% · Above median
Operating margin (TTM) −10% · Below median
Revenue growth 12% · Above median
Dividend yield (TTM) 0.2% · Bottom 25%
Debt / equity 4.19× · Higher than 75% of peers

Valuation Multiples vs Entertainment median · lower = cheaper

P/B 23.23× · Pricier than 75% of peers
P/S (TTM) 1.65× · Pricier than median
P/FCF 126.6× · Pricier than 75% of peers
EV/EBITDA 28.6× · Pricier than 75% of peers
PEG 17.56× · Pricier than 75% of peers

Strength profile in five axes (Snowflake)

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE0 · sector 7
FUTURE61 · sector 15
PAST60 · sector 0
HEALTH0 · sector 98
DIVIDEND4 · sector 41

VALUE 0: the price sits above our fair-value range.

Insider activity: 46/100

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

Similar stocks

10 more Entertainment stocks, each showing price versus our Fair Value estimate (as of Aug 22, 2026).

Stock Price Fair Value vs Fair Value
Netflix, Inc NFLX $81.72 $49.35 −40%
The Walt Disney Company DIS $103.50 $80.62 −22%
Warner Bros. Discovery, Inc WBD $27.65 $9.03 −67%
Universal Music Group UMG €14.73 €14.78 +0%
TKO Group TKO $189.42 $47.75 −75%
Formula One Group FWONK $102.02 $35.21 −65%
Fox Corporation FOXA $68.42 $206.81 +202%
News Corporation NWS A$46.55 A$20.41 −56%
Warner Music Group WMG $24.79 $12.10 −51%
Bolloré SE BOL €3.85 €2.11 −45%

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Frequently asked questions

Is Live Nation Entertainment Inc (LYV) overvalued or undervalued?
As of Aug 22, 2026, our model estimates a fair value of $59.97 versus a price of $177.49, about −66% upside (overvalued).
What is the fair value of LYV?
Our model-based fair value for Live Nation Entertainment Inc is $59.97 (as of Aug 22, 2026), built from audited fundamentals. The current price: $177.49.
What is the quality score of LYV?
Live Nation Entertainment Inc has a Quality Score of 48/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Live Nation Entertainment Inc (LYV)?
Live Nation Entertainment Inc reported trailing-twelve-month revenue of about $25.6B (latest available figure, as of Aug 22, 2026).
What is the net profit margin of LYV?
The net profit margin of Live Nation Entertainment Inc is about 0.3%, meaning it keeps roughly 0.3% of revenue as net income. Based on the latest reported figures.
Does Live Nation Entertainment Inc pay a dividend?
Live Nation Entertainment Inc currently shows a dividend yield of about 0.21% relative to its recent price (as of Aug 22, 2026).
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