VIVID SEATS INC. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 5.05 USD | +4.12% |
|
-3.81% | -20.09% |
| May. 14 | Deutsche Bank Adjusts Vivid Seats Price Target to $6.50 From $7, Maintains Hold Rating | MT |
| May. 08 | Maxim Adjusts Vivid Seats' Price Target to $9 From $7, Keeps Buy Rating | MT |
Valuation
| Fiscal Period: December | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 837.2 | 593.5 | 852.5 | 663.7 | - | - |
| Enterprise Value (EV) 1 | 807.8 | 608.8 | 988.6 | 714.8 | 623.3 | 663.7 |
| P/E ratio | -54.4 x | 20.3 x | - | 20.4 x | 15.7 x | 13.8 x |
| Yield | - | - | - | - | - | - |
| Capitalization / Revenue | 1.89 x | 0.99 x | 1.2 x | 0.8 x | 0.74 x | 0.7 x |
| EV / Revenue | 1.82 x | 1.01 x | 1.39 x | 0.86 x | 0.69 x | 0.7 x |
| EV / EBITDA | 7.35 x | 5.37 x | 6.96 x | 4.29 x | 3.32 x | 3.34 x |
| EV / FCF | 3.69 x | -702 x | 7.32 x | 6.63 x | 5.1 x | - |
| FCF Yield | 27.1% | -0.14% | 13.7% | 15.1% | 19.6% | - |
| Price to Book | - | -2.17 x | 4.59 x | 3.63 x | 2.83 x | 4.39 x |
| Nbr of stocks (in thousands) | 76,948 | 81,296 | 134,892 | 131,427 | - | - |
| Reference price 2 | 10.88 | 7.300 | 6.320 | 5.050 | 5.050 | 5.050 |
| Announcement Date | 3/10/22 | 3/7/23 | 3/5/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Net sales 1 | 443 | 600.3 | 712.9 | 826.9 | 899.9 | 943.9 |
| EBITDA 1 | 109.9 | 113.3 | 142 | 166.6 | 187.5 | 199 |
| EBIT 1 | 76.57 | 78.1 | 81.34 | 100 | 117.7 | 131.6 |
| Operating Margin | 17.28% | 13.01% | 11.41% | 12.1% | 13.08% | 13.94% |
| Earnings before Tax (EBT) 1 | -18.82 | 69.19 | 70.94 | 75.74 | 96.19 | 118.7 |
| Net income 1 | -19.13 | 70.78 | 107 | 68.52 | 84.11 | 103.3 |
| Net margin | -4.32% | 11.79% | 15.02% | 8.29% | 9.35% | 10.95% |
| EPS 2 | -0.2000 | 0.3600 | - | 0.2471 | 0.3217 | 0.3650 |
| Free Cash Flow 1 | 218.8 | -0.867 | 135.1 | 107.9 | 122.3 | - |
| FCF margin | 49.39% | -0.14% | 18.95% | 13.04% | 13.59% | - |
| FCF Conversion (EBITDA) | 199.15% | - | 95.14% | 64.73% | 65.23% | - |
| FCF Conversion (Net income) | - | - | 126.2% | 157.42% | 145.39% | - |
| Dividend per Share 2 | - | - | - | - | - | - |
| Announcement Date | 3/10/22 | 3/7/23 | 3/5/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 | 2025 Q2 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 163.9 | 130.8 | 147.7 | 156.8 | 165 | 161.1 | 165.4 | 188.1 | 198.3 | 190.9 | 196.3 | 209.3 | 232 | 208.3 | 216.6 |
| EBITDA 1 | 27.52 | 21.01 | 30.33 | 28.28 | 33.7 | 42.44 | 31.08 | 33.37 | 35.1 | 38.92 | 38.68 | 41.41 | 47.52 | 42.08 | 44.69 |
| EBIT 1 | 45.55 | 13.72 | 17.93 | 21.7 | 24.76 | 33.51 | 17.61 | 20.12 | 10.1 | 20.68 | 22.77 | 25.27 | 30.72 | 24.65 | 28.23 |
| Operating Margin | 27.79% | 10.49% | 12.14% | 13.84% | 15.01% | 20.81% | 10.65% | 10.69% | 5.09% | 10.83% | 11.6% | 12.07% | 13.24% | 11.83% | 13.03% |
| Earnings before Tax (EBT) 1 | 0.628 | 3.214 | 24.06 | 18.86 | 23.05 | 30.56 | 13.84 | 18.61 | 7.931 | 13.01 | 17.37 | 18.9 | 25.08 | 19.15 | 21.05 |
| Net income 1 | 0.324 | 1.259 | 9.655 | 7.663 | 24.83 | 30.27 | 30.71 | 6.677 | 22.43 | 10.74 | 15.84 | 17.62 | 22.65 | 18.37 | 18.95 |
| Net margin | 0.2% | 0.96% | 6.54% | 4.89% | 15.05% | 18.8% | 18.57% | 3.55% | 11.31% | 5.63% | 8.07% | 8.42% | 9.76% | 8.82% | 8.75% |
| EPS 2 | 0.0400 | 0.0200 | 0.1200 | 0.0900 | 0.1300 | 0.1500 | 0.2000 | 0.0700 | - | 0.0400 | 0.0598 | 0.0740 | 0.0812 | 0.0631 | 0.0804 |
| Dividend per Share 2 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 3/10/22 | 5/10/22 | 8/9/22 | 11/8/22 | 3/7/23 | 5/9/23 | 8/8/23 | 11/7/23 | 3/5/24 | 5/7/24 | - | - | - | - | - |
1USD in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Net Debt 1 | - | 15.4 | 136 | 51.1 | - | - |
| Net Cash position 1 | 29.4 | - | - | - | 40.4 | - |
| Leverage (Debt/EBITDA) | - | 0.1355 x | 0.9588 x | 0.3064 x | - | - |
| Free Cash Flow 1 | 219 | -0.87 | 135 | 108 | 122 | - |
| ROE (net income / shareholders' equity) | - | - | - | 40.9% | 34.7% | 39.5% |
| ROA (Net income/ Total Assets) | - | 5.95% | 8.38% | 3.52% | 4.73% | - |
| Assets 1 | - | 1,189 | 1,278 | 1,944 | 1,778 | - |
| Book Value Per Share 2 | - | -3.360 | 1.380 | 1.390 | 1.790 | 1.150 |
| Cash Flow per Share 2 | 2.660 | 0.0700 | 0.7400 | 0.9700 | 1.020 | - |
| Capex 1 | 1.13 | 3.56 | 0.9 | 0.37 | 6.23 | 13.4 |
| Capex / Sales | 0.26% | 0.59% | 0.13% | 0.04% | 0.69% | 1.42% |
| Announcement Date | 3/10/22 | 3/7/23 | 3/5/24 | - | - | - |
1USD in Million2USD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
Sell
Buy
Mean consensus
BUY
Number of Analysts
14
Last Close Price
5.05
USD
Average target price
9.192
USD
Spread / Average Target
+82.03%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -20.09% | 664M | |
| +22.55% | 426B | |
| +31.87% | 276B | |
| +4.92% | 135B | |
| +6.46% | 92.01B | |
| +23.70% | 89.16B | |
| +57.95% | 58.86B | |
| +11.34% | 45.03B | |
| +19.19% | 34.77B | |
| -10.48% | 31.93B |
- Stock Market
- Equities
- SEAT Stock
- Financials Vivid Seats Inc.
