Professional
Added to YB: 2025-07-07
Pitch date: 2025-04-11
UMG.AS [neutral]
Universal Music Group N.V.
-6.08%
current return
Author Info
No bio for this author
Company Info
Universal Music Group N.V. operates as a music company worldwide. It operates through Recorded Music, Music Publishing, and Merchandising & Other segments.
Market Cap
EUR 42.7B
Pitch Price
EUR 23.13
Price Target
N/A
Dividend
2.23%
EV/EBITDA
20.33
P/E
16.48
EV/Sales
3.77
Sector
Entertainment
Category
growth
Lindsell Train Global Equity Fund Portfolio Holding: Universal Music Group N.V.
UMG.AS (holding update): UMG showing strong growth, margin expansion, and dominates global artists (9/10 top spots in 2024). New streaming deals shifting to wholesale fee model vs revenue share, giving UMG more pricing control. Enjoys recurring revenues via licensing fees with low churn rates, providing stability similar to info services and consumer staples.
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