Professional
Added to YB: 2024-05-13
Pitch date: 2024-04-23
EVD.DE [bullish]
CTS Eventim AG & Co. KGaA
-27.12%
current return
Author Info
No bio for this author
Company Info
CTS Eventim AG & Co. KGaA, together with its subsidiaries, operates in the leisure events market in Germany, Italy, Switzerland, the United States, Austria, the United Kingdom, Spain, Netherlands, Finland, France, Denmark, Sweden, Norway, Chile, Brazil, and internationally.
Market Cap
EUR 5.5B
Pitch Price
EUR 78.76
Price Target
N/A
Dividend
2.49%
EV/EBITDA
8.02
P/E
18.82
EV/Sales
1.39
Sector
Entertainment
Category
growth
Polen Global SMID Company Growth Portfolio Holding: CTS Eventim AG & Co. KGaA
EVD.DE: CTS Eventim Q1 beats, sales +65% vs pre-COVID, profits 2x+. Taylor Swift, Coldplay boost. Guidance conservative despite results on US challenges (competition, regulation). We see 15% EPS CAGR on online shift, experience spend, and dominant mkt position.
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