Professional
Added to YB: 2024-05-13
Pitch date: 2024-04-23
EVD.DE [bullish]
CTS Eventim AG & Co. KGaA
-4.23%
current return
Author Info
No bio for this author
Company Info
CTS Eventim AG & Co. KGaA operates in the leisure events market in Germany, Italy, the United States, Switzerland, Austria, the United Kingdom, Sweden, Finland, Spain, Brazil, Denmark, the Netherlands, and internationally.
Market Cap
EUR 10.2B
Pitch Price
EUR 80.77
Price Target
N/A
Dividend
1.57%
EV/EBITDA
17.85
P/E
34.21
EV/Sales
3.06
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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