| CTS Eventim AG & Co. KGaA (DE0005470306) | |||
104,20 EURStand (close): 01.07.25 |
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| 10.04.25 12:45:30 | CTS Eventim KGaA's (ETR:EVD) Dividend Will Be Increased To €1.66 |  |
| The board of CTS Eventim AG & Co. KGaA (ETR:EVD) has announced that it will be paying its dividend of €1.66 on the 26th of May, an increased payment from last year's comparable dividend. This will take the dividend yield to an attractive 1.9%, providing a nice boost to shareholder returns. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. CTS Eventim KGaA's Projected Earnings Seem Likely To Cover Future Distributions Impressive dividend yields are good, but this doesn't matter much if the payments can't be sustained. The last dividend was quite easily covered by CTS Eventim KGaA's earnings. This indicates that quite a large proportion of earnings is being invested back into the business. The next year is set to see EPS grow by 25.9%. If the dividend continues along recent trends, we estimate the payout ratio will be 46%, which is in the range that makes us comfortable with the sustainability of the dividend.XTRA:EVD Historic Dividend April 10th 2025 Check out our latest analysis for CTS Eventim KGaA Dividend Volatility While the company has been paying a dividend for a long time, it has cut the dividend at least once in the last 10 years. Since 2015, the annual payment back then was €0.40, compared to the most recent full-year payment of €1.66. This works out to be a compound annual growth rate (CAGR) of approximately 15% a year over that time. Dividends have grown rapidly over this time, but with cuts in the past we are not certain that this stock will be a reliable source of income in the future. The Dividend Looks Likely To Grow Growing earnings per share could be a mitigating factor when considering the past fluctuations in the dividend. We are encouraged to see that CTS Eventim KGaA has grown earnings per share at 19% per year over the past five years. Earnings are on the uptrend, and it is only paying a small portion of those earnings to shareholders. We Really Like CTS Eventim KGaA's Dividend Overall, we think this could be an attractive income stock, and it is only getting better by paying a higher dividend this year. The company is easily earning enough to cover its dividend payments and it is great to see that these earnings are being translated into cash flow. All of these factors considered, we think this has solid potential as a dividend stock. Investors generally tend to favour companies with a consistent, stable dividend policy as opposed to those operating an irregular one. Still, investors need to consider a host of other factors, apart from dividend payments, when analysing a company. Taking the debate a bit further, we've identified 1 warning sign for CTS Eventim KGaA that investors need to be conscious of moving forward. If you are a dividend investor, you might also want to look at our curated list of high yield dividend stocks. Have feedback on this article? Concerned about the content?Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. View Comments |
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| 30.03.25 08:58:14 | Analyst Estimates: Here's What Brokers Think Of CTS Eventim AG & Co. KGaA (ETR:EVD) After Its Full-Year Report | |
| Last week, you might have seen that CTS Eventim AG & Co. KGaA (ETR:EVD) released its full-year result to the market. The early response was not positive, with shares down 4.7% to €95.40 in the past week. The result was positive overall - although revenues of €2.8b were in line with what the analysts predicted, CTS Eventim KGaA surprised by delivering a statutory profit of €3.32 per share, modestly greater than expected. This is an important time for investors, as they can track a company's performance in its report, look at what experts are forecasting for next year, and see if there has been any change to expectations for the business. We've gathered the most recent statutory forecasts to see whether the analysts have changed their earnings models, following these results.XTRA:EVD Earnings and Revenue Growth March 30th 2025 Taking into account the latest results, the consensus forecast from CTS Eventim KGaA's eleven analysts is for revenues of €3.04b in 2025. This reflects a solid 8.1% improvement in revenue compared to the last 12 months. Per-share earnings are expected to increase 6.4% to €3.54. Before this earnings report, the analysts had been forecasting revenues of €3.04b and earnings per share (EPS) of €3.48 in 2025. So it's pretty clear that, although the analysts have updated their estimates, there's been no major change in expectations for the business following the latest results. View our latest analysis for CTS Eventim KGaA There were no changes to revenue or earnings estimates or the price target of €109, suggesting that the company has met expectations in its recent result. That's not the only conclusion we can draw from this data however, as some investors also like to consider the spread in estimates when evaluating analyst price targets. Currently, the most bullish analyst values CTS Eventim KGaA at €120 per share, while the most bearish prices it at €95.00. This is a very narrow spread of estimates, implying either that CTS Eventim KGaA is an easy company to value, or - more likely - the analysts are relying heavily on some key assumptions. Taking a look at the bigger picture now, one of the ways we can understand these forecasts is to see how they compare to both past performance and industry growth estimates. We would highlight that CTS Eventim KGaA's revenue growth is expected to slow, with the forecast 8.1% annualised growth rate until the end of 2025 being well below the historical 34% p.a. growth over the last five years. By way of comparison, the other companies in this industry with analyst coverage are forecast to grow their revenue at 6.3% annually. Even after the forecast slowdown in growth, it seems obvious that CTS Eventim KGaA is also expected to grow faster than the wider industry. Story Continues The Bottom Line The most obvious conclusion is that there's been no major change in the business' prospects in recent times, with the analysts holding their earnings forecasts steady, in line with previous estimates. Happily, there were no major changes to revenue forecasts, with the business still expected to grow faster than the wider industry. The consensus price target held steady at €109, with the latest estimates not enough to have an impact on their price targets. With that in mind, we wouldn't be too quick to come to a conclusion on CTS Eventim KGaA. Long-term earnings power is much more important than next year's profits. We have forecasts for CTS Eventim KGaA going out to 2027, and you can see them free on our platform here. Plus, you should also learn about the 1 warning sign we've spotted with CTS Eventim KGaA . Have feedback on this article? Concerned about the content?Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. View Comments |
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| 29.03.25 08:53:25 | CTS Eventim KGaA Full Year 2024 Earnings: EPS Beats Expectations | |
| CTS Eventim KGaA (ETR:EVD) Full Year 2024 Results Key Financial Results Revenue: €2.81b (up 19% from FY 2023). Net income: €318.9m (up 16% from FY 2023). Profit margin: 11% (in line with FY 2023). EPS: €3.32 (up from €2.86 in FY 2023).XTRA:EVD Earnings and Revenue Growth March 29th 2025 All figures shown in the chart above are for the trailing 12 month (TTM) period CTS Eventim KGaA EPS Beats Expectations Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 5.0%. Looking ahead, revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Entertainment industry in Germany. Performance of the German Entertainment industry. The company's shares are down 4.7% from a week ago. Risk Analysis Be aware that CTS Eventim KGaA is showing 1 warning sign in our investment analysis that you should know about... Have feedback on this article? Concerned about the content?Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. View Comments |
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| 28.03.25 07:32:43 | Do CTS Eventim KGaA's (ETR:EVD) Earnings Warrant Your Attention? |  |
| The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even companies that have no revenue, no profit, and a record of falling short, can manage to find investors. Unfortunately, these high risk investments often have little probability of ever paying off, and many investors pay a price to learn their lesson. While a well funded company may sustain losses for years, it will need to generate a profit eventually, or else investors will move on and the company will wither away. If this kind of company isn't your style, you like companies that generate revenue, and even earn profits, then you may well be interested in CTS Eventim KGaA (ETR:EVD). Now this is not to say that the company presents the best investment opportunity around, but profitability is a key component to success in business. How Quickly Is CTS Eventim KGaA Increasing Earnings Per Share? If a company can keep growing earnings per share (EPS) long enough, its share price should eventually follow. That makes EPS growth an attractive quality for any company. To the delight of shareholders, CTS Eventim KGaA has achieved impressive annual EPS growth of 54%, compound, over the last three years. While that sort of growth rate isn't sustainable for long, it certainly catches the eye of prospective investors. It's often helpful to take a look at earnings before interest and tax (EBIT) margins, as well as revenue growth, to get another take on the quality of the company's growth. CTS Eventim KGaA maintained stable EBIT margins over the last year, all while growing revenue 19% to €2.8b. That's a real positive. In the chart below, you can see how the company has grown earnings and revenue, over time. Click on the chart to see the exact numbers.XTRA:EVD Earnings and Revenue History March 28th 2025 See our latest analysis for CTS Eventim KGaA Of course the knack is to find stocks that have their best days in the future, not in the past. You could base your opinion on past performance, of course, but you may also want to check this interactive graph of professional analyst EPS forecasts for CTS Eventim KGaA. Are CTS Eventim KGaA Insiders Aligned With All Shareholders? Seeing insiders owning a large portion of the shares on issue is often a good sign. Their incentives will be aligned with the investors and there's less of a probability in a sudden sell-off that would impact the share price. So we're pleased to report that CTS Eventim KGaA insiders own a meaningful share of the business. Owning 42% of the company, insiders have plenty riding on the performance of the the share price. Those who are comforted by solid insider ownership like this should be happy, as it implies that those running the business are genuinely motivated to create shareholder value. And their holding is extremely valuable at the current share price, totalling €4.2b. That means they have plenty of their own capital riding on the performance of the business! Story Continues Is CTS Eventim KGaA Worth Keeping An Eye On? CTS Eventim KGaA's earnings have taken off in quite an impressive fashion. That sort of growth is nothing short of eye-catching, and the large investment held by insiders should certainly brighten the view of the company. At times fast EPS growth is a sign the business has reached an inflection point, so there's a potential opportunity to be had here. So at the surface level, CTS Eventim KGaA is worth putting on your watchlist; after all, shareholders do well when the market underestimates fast growing companies. Now, you could try to make up your mind on CTS Eventim KGaA by focusing on just these factors, oryou could also consider how its price-to-earnings ratio compares to other companies in its industry. There's always the possibility of doing well buying stocks that are not growing earnings and do not have insiders buying shares. But for those who consider these important metrics, we encourage you to check out companies that do have those features. You can access a tailored list of German companies which have demonstrated growth backed by significant insider holdings. Please note the insider transactions discussed in this article refer to reportable transactions in the relevant jurisdiction. Have feedback on this article? Concerned about the content?Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. View Comments |
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| 26.02.25 09:37:14 | At €105, Is It Time To Put CTS Eventim AG & Co. KGaA (ETR:EVD) On Your Watch List? | |
| Let's talk about the popular CTS Eventim AG & Co. KGaA (ETR:EVD). The company's shares received a lot of attention from a substantial price increase on the XTRA over the last few months. The company's trading levels have reached its high for the past year, following the recent bounce in the share price. With many analysts covering the large-cap stock, we may expect any price-sensitive announcements have already been factored into the stock’s share price. But what if there is still an opportunity to buy? Today we will analyse the most recent data on CTS Eventim KGaA’s outlook and valuation to see if the opportunity still exists. See our latest analysis for CTS Eventim KGaA What's The Opportunity In CTS Eventim KGaA? According to our valuation model, CTS Eventim KGaA seems to be fairly priced at around 8.02% above our intrinsic value, which means if you buy CTS Eventim KGaA today, you’d be paying a relatively reasonable price for it. And if you believe that the stock is really worth €97.57, there’s only an insignificant downside when the price falls to its real value. Although, there may be an opportunity to buy in the future. This is because CTS Eventim KGaA’s beta (a measure of share price volatility) is high, meaning its price movements will be exaggerated relative to the rest of the market. If the market is bearish, the company’s shares will likely fall by more than the rest of the market, providing a prime buying opportunity. Can we expect growth from CTS Eventim KGaA?XTRA:EVD Earnings and Revenue Growth February 26th 2025 Investors looking for growth in their portfolio may want to consider the prospects of a company before buying its shares. Although value investors would argue that it’s the intrinsic value relative to the price that matter the most, a more compelling investment thesis would be high growth potential at a cheap price. CTS Eventim KGaA's earnings over the next few years are expected to increase by 48%, indicating a highly optimistic future ahead. This should lead to more robust cash flows, feeding into a higher share value. What This Means For You Are you a shareholder? EVD’s optimistic future growth appears to have been factored into the current share price, with shares trading around its fair value. However, there are also other important factors which we haven’t considered today, such as the financial strength of the company. Have these factors changed since the last time you looked at the stock? Will you have enough conviction to buy should the price fluctuates below the true value? Are you a potential investor? If you’ve been keeping tabs on EVD, now may not be the most optimal time to buy, given it is trading around its fair value. However, the optimistic prospect is encouraging for the company, which means it’s worth further examining other factors such as the strength of its balance sheet, in order to take advantage of the next price drop. Story Continues Diving deeper into the forecasts for CTS Eventim KGaA mentioned earlier will help you understand how analysts view the stock going forward. At Simply Wall St, we have the analysts estimates which you can view by clicking here. If you are no longer interested in CTS Eventim KGaA, you can use our free platform to see our list of over 50 other stocks with a high growth potential. Have feedback on this article? Concerned about the content?Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. View Comments |
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| 20.01.25 10:52:57 | A Look At The Intrinsic Value Of CTS Eventim AG & Co. KGaA (ETR:EVD) | |
| Key Insights CTS Eventim KGaA's estimated fair value is €105 based on 2 Stage Free Cash Flow to Equity With €90.15 share price, CTS Eventim KGaA appears to be trading close to its estimated fair value Our fair value estimate is 6.7% higher than CTS Eventim KGaA's analyst price target of €98.75 How far off is CTS Eventim AG & Co. KGaA (ETR:EVD) from its intrinsic value? Using the most recent financial data, we'll take a look at whether the stock is fairly priced by estimating the company's future cash flows and discounting them to their present value. One way to achieve this is by employing the Discounted Cash Flow (DCF) model. There's really not all that much to it, even though it might appear quite complex. We would caution that there are many ways of valuing a company and, like the DCF, each technique has advantages and disadvantages in certain scenarios. For those who are keen learners of equity analysis, the Simply Wall St analysis model here may be something of interest to you. Check out our latest analysis for CTS Eventim KGaA What's The Estimated Valuation? We are going to use a two-stage DCF model, which, as the name states, takes into account two stages of growth. The first stage is generally a higher growth period which levels off heading towards the terminal value, captured in the second 'steady growth' period. In the first stage we need to estimate the cash flows to the business over the next ten years. Where possible we use analyst estimates, but when these aren't available we extrapolate the previous free cash flow (FCF) from the last estimate or reported value. We assume companies with shrinking free cash flow will slow their rate of shrinkage, and that companies with growing free cash flow will see their growth rate slow, over this period. We do this to reflect that growth tends to slow more in the early years than it does in later years. Generally we assume that a dollar today is more valuable than a dollar in the future, and so the sum of these future cash flows is then discounted to today's value: 10-year free cash flow (FCF) estimate 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 Levered FCF (€, Millions) €512.7m €503.8m €499.5m €498.0m €498.4m €500.1m €502.7m €506.0m €509.8m €513.9m Growth Rate Estimate Source Analyst x4 Analyst x4 Est @ -0.85% Est @ -0.30% Est @ 0.07% Est @ 0.34% Est @ 0.53% Est @ 0.66% Est @ 0.75% Est @ 0.81% Present Value (€, Millions) Discounted @ 5.7% €485 €451 €423 €399 €378 €359 €342 €325 €310 €296 ("Est" = FCF growth rate estimated by Simply Wall St) Present Value of 10-year Cash Flow (PVCF) = €3.8b Story Continues After calculating the present value of future cash flows in the initial 10-year period, we need to calculate the Terminal Value, which accounts for all future cash flows beyond the first stage. For a number of reasons a very conservative growth rate is used that cannot exceed that of a country's GDP growth. In this case we have used the 5-year average of the 10-year government bond yield (1.0%) to estimate future growth. In the same way as with the 10-year 'growth' period, we discount future cash flows to today's value, using a cost of equity of 5.7%. Terminal Value (TV)= FCF2034 × (1 + g) ÷ (r – g) = €514m× (1 + 1.0%) ÷ (5.7%– 1.0%) = €11b Present Value of Terminal Value (PVTV)= TV / (1 + r)10= €11b÷ ( 1 + 5.7%)10= €6.3b The total value, or equity value, is then the sum of the present value of the future cash flows, which in this case is €10b. In the final step we divide the equity value by the number of shares outstanding. Compared to the current share price of €90.2, the company appears about fair value at a 14% discount to where the stock price trades currently. The assumptions in any calculation have a big impact on the valuation, so it is better to view this as a rough estimate, not precise down to the last cent.XTRA:EVD Discounted Cash Flow January 20th 2025 The Assumptions We would point out that the most important inputs to a discounted cash flow are the discount rate and of course the actual cash flows. If you don't agree with these result, have a go at the calculation yourself and play with the assumptions. The DCF also does not consider the possible cyclicality of an industry, or a company's future capital requirements, so it does not give a full picture of a company's potential performance. Given that we are looking at CTS Eventim KGaA as potential shareholders, the cost of equity is used as the discount rate, rather than the cost of capital (or weighted average cost of capital, WACC) which accounts for debt. In this calculation we've used 5.7%, which is based on a levered beta of 1.144. Beta is a measure of a stock's volatility, compared to the market as a whole. We get our beta from the industry average beta of globally comparable companies, with an imposed limit between 0.8 and 2.0, which is a reasonable range for a stable business. SWOT Analysis for CTS Eventim KGaA Strength Currently debt free. Dividends are covered by earnings and cash flows. Weakness Earnings declined over the past year. Dividend is low compared to the top 25% of dividend payers in the Entertainment market. Opportunity Annual revenue is forecast to grow faster than the German market. Current share price is below our estimate of fair value. Threat Annual earnings are forecast to grow slower than the German market. Moving On: Whilst important, the DCF calculation shouldn't be the only metric you look at when researching a company. It's not possible to obtain a foolproof valuation with a DCF model. Rather it should be seen as a guide to "what assumptions need to be true for this stock to be under/overvalued?" For example, changes in the company's cost of equity or the risk free rate can significantly impact the valuation. For CTS Eventim KGaA, there are three essential factors you should consider: Financial Health: Does EVD have a healthy balance sheet? Take a look at our free balance sheet analysis with six simple checks on key factors like leverage and risk. Future Earnings: How does EVD's growth rate compare to its peers and the wider market? Dig deeper into the analyst consensus number for the upcoming years by interacting with our free analyst growth expectation chart. Other High Quality Alternatives: Do you like a good all-rounder? Explore our interactive list of high quality stocks to get an idea of what else is out there you may be missing! PS. Simply Wall St updates its DCF calculation for every German stock every day, so if you want to find the intrinsic value of any other stock just search here. Have feedback on this article? Concerned about the content?Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. View Comments |
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| 06.01.25 09:49:13 | CTS Eventim AG & Co. KGaA's (ETR:EVD) Stock Has Been Sliding But Fundamentals Look Strong: Is The Market Wrong? | |
| CTS Eventim KGaA (ETR:EVD) has had a rough three months with its share price down 12%. However, stock prices are usually driven by a company’s financial performance over the long term, which in this case looks quite promising. Specifically, we decided to study CTS Eventim KGaA's ROE in this article. Return on equity or ROE is a key measure used to assess how efficiently a company's management is utilizing the company's capital. In simpler terms, it measures the profitability of a company in relation to shareholder's equity. Check out our latest analysis for CTS Eventim KGaA How Is ROE Calculated? The formula for return on equity is: Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity So, based on the above formula, the ROE for CTS Eventim KGaA is: 25% = €261m ÷ €1.1b (Based on the trailing twelve months to September 2024). The 'return' is the amount earned after tax over the last twelve months. That means that for every €1 worth of shareholders' equity, the company generated €0.25 in profit. What Is The Relationship Between ROE And Earnings Growth? Thus far, we have learned that ROE measures how efficiently a company is generating its profits. Based on how much of its profits the company chooses to reinvest or "retain", we are then able to evaluate a company's future ability to generate profits. Assuming everything else remains unchanged, the higher the ROE and profit retention, the higher the growth rate of a company compared to companies that don't necessarily bear these characteristics. A Side By Side comparison of CTS Eventim KGaA's Earnings Growth And 25% ROE Firstly, we acknowledge that CTS Eventim KGaA has a significantly high ROE. Second, a comparison with the average ROE reported by the industry of 14% also doesn't go unnoticed by us. Under the circumstances, CTS Eventim KGaA's considerable five year net income growth of 39% was to be expected. We then compared CTS Eventim KGaA's net income growth with the industry and we're pleased to see that the company's growth figure is higher when compared with the industry which has a growth rate of 13% in the same 5-year period.XTRA:EVD Past Earnings Growth January 6th 2025 The basis for attaching value to a company is, to a great extent, tied to its earnings growth. What investors need to determine next is if the expected earnings growth, or the lack of it, is already built into the share price. This then helps them determine if the stock is placed for a bright or bleak future. Is EVD fairly valued? This infographic on the company's intrinsic value has everything you need to know. Story Continues Is CTS Eventim KGaA Making Efficient Use Of Its Profits? CTS Eventim KGaA's three-year median payout ratio is a pretty moderate 46%, meaning the company retains 54% of its income. This suggests that its dividend is well covered, and given the high growth we discussed above, it looks like CTS Eventim KGaA is reinvesting its earnings efficiently. Moreover, CTS Eventim KGaA is determined to keep sharing its profits with shareholders which we infer from its long history of paying a dividend for at least ten years. Based on the latest analysts' estimates, we found that the company's future payout ratio over the next three years is expected to hold steady at 49%. Therefore, the company's future ROE is also not expected to change by much with analysts predicting an ROE of 26%. Summary Overall, we are quite pleased with CTS Eventim KGaA's performance. Particularly, we like that the company is reinvesting heavily into its business, and at a high rate of return. Unsurprisingly, this has led to an impressive earnings growth. That being so, a study of the latest analyst forecasts show that the company is expected to see a slowdown in its future earnings growth. To know more about the latest analysts predictions for the company, check out this visualization of analyst forecasts for the company. Have feedback on this article? Concerned about the content?Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. View Comments |
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| 23.12.24 08:27:10 | CTS Eventim AG & Co. KGaA (ETR:EVD) is largely controlled by institutional shareholders who own 42% of the company | |
| Key Insights Significantly high institutional ownership implies CTS Eventim KGaA's stock price is sensitive to their trading actions 50% of the business is held by the top 4 shareholders Insiders own 42% of CTS Eventim KGaA If you want to know who really controls CTS Eventim AG & Co. KGaA (ETR:EVD), then you'll have to look at the makeup of its share registry. And the group that holds the biggest piece of the pie are institutions with 42% ownership. In other words, the group stands to gain the most (or lose the most) from their investment into the company. Given the vast amount of money and research capacities at their disposal, institutional ownership tends to carry a lot of weight, especially with individual investors. Hence, having a considerable amount of institutional money invested in a company is often regarded as a desirable trait. In the chart below, we zoom in on the different ownership groups of CTS Eventim KGaA. View our latest analysis for CTS Eventim KGaA XTRA:EVD Ownership Breakdown December 23rd 2024 What Does The Institutional Ownership Tell Us About CTS Eventim KGaA? Many institutions measure their performance against an index that approximates the local market. So they usually pay more attention to companies that are included in major indices. As you can see, institutional investors have a fair amount of stake in CTS Eventim KGaA. This suggests some credibility amongst professional investors. But we can't rely on that fact alone since institutions make bad investments sometimes, just like everyone does. It is not uncommon to see a big share price drop if two large institutional investors try to sell out of a stock at the same time. So it is worth checking the past earnings trajectory of CTS Eventim KGaA, (below). Of course, keep in mind that there are other factors to consider, too.XTRA:EVD Earnings and Revenue Growth December 23rd 2024 We note that hedge funds don't have a meaningful investment in CTS Eventim KGaA. The company's CEO Klaus-Peter Schulenberg is the largest shareholder with 39% of shares outstanding. Meanwhile, the second and third largest shareholders, hold 5.3% and 3.0%, of the shares outstanding, respectively. Our research also brought to light the fact that roughly 50% of the company is controlled by the top 4 shareholders suggesting that these owners wield significant influence on the business. Researching institutional ownership is a good way to gauge and filter a stock's expected performance. The same can be achieved by studying analyst sentiments. There are a reasonable number of analysts covering the stock, so it might be useful to find out their aggregate view on the future. Story Continues Insider Ownership Of CTS Eventim KGaA The definition of company insiders can be subjective and does vary between jurisdictions. Our data reflects individual insiders, capturing board members at the very least. The company management answer to the board and the latter should represent the interests of shareholders. Notably, sometimes top-level managers are on the board themselves. Most consider insider ownership a positive because it can indicate the board is well aligned with other shareholders. However, on some occasions too much power is concentrated within this group. Our information suggests that insiders maintain a significant holding in CTS Eventim AG & Co. KGaA. Insiders own €3.3b worth of shares in the €7.9b company. That's quite meaningful. Most would be pleased to see the board is investing alongside them. You may wish to access this free chart showing recent trading by insiders. General Public Ownership The general public, who are usually individual investors, hold a 16% stake in CTS Eventim KGaA. While this size of ownership may not be enough to sway a policy decision in their favour, they can still make a collective impact on company policies. Next Steps: It's always worth thinking about the different groups who own shares in a company. But to understand CTS Eventim KGaA better, we need to consider many other factors. Consider risks, for instance. Every company has them, and we've spotted 1 warning sign for CTS Eventim KGaA you should know about. If you are like me, you may want to think about whether this company will grow or shrink. Luckily, you can check this free report showing analyst forecasts for its future. NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures. Have feedback on this article? Concerned about the content?Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. View Comments |
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| 09.12.24 06:59:17 | CTS Eventim KGaA's (ETR:EVD) investors will be pleased with their notable 63% return over the last five years | |
| Stock pickers are generally looking for stocks that will outperform the broader market. Buying under-rated businesses is one path to excess returns. For example, the CTS Eventim AG & Co. KGaA (ETR:EVD) share price is up 58% in the last 5 years, clearly besting the market decline of around 1.0% (ignoring dividends). However, more recent returns haven't been as impressive as that, with the stock returning just 38% in the last year, including dividends. So let's assess the underlying fundamentals over the last 5 years and see if they've moved in lock-step with shareholder returns. Check out our latest analysis for CTS Eventim KGaA There is no denying that markets are sometimes efficient, but prices do not always reflect underlying business performance. By comparing earnings per share (EPS) and share price changes over time, we can get a feel for how investor attitudes to a company have morphed over time. Over half a decade, CTS Eventim KGaA managed to grow its earnings per share at 15% a year. This EPS growth is higher than the 10% average annual increase in the share price. Therefore, it seems the market has become relatively pessimistic about the company. The graphic below depicts how EPS has changed over time (unveil the exact values by clicking on the image).XTRA:EVD Earnings Per Share Growth December 9th 2024 We know that CTS Eventim KGaA has improved its bottom line over the last three years, but what does the future have in store? This free interactive report on CTS Eventim KGaA's balance sheet strength is a great place to start, if you want to investigate the stock further. What About Dividends? When looking at investment returns, it is important to consider the difference between total shareholder return (TSR) and share price return. The TSR incorporates the value of any spin-offs or discounted capital raisings, along with any dividends, based on the assumption that the dividends are reinvested. It's fair to say that the TSR gives a more complete picture for stocks that pay a dividend. We note that for CTS Eventim KGaA the TSR over the last 5 years was 63%, which is better than the share price return mentioned above. This is largely a result of its dividend payments! A Different Perspective It's good to see that CTS Eventim KGaA has rewarded shareholders with a total shareholder return of 38% in the last twelve months. Of course, that includes the dividend. Since the one-year TSR is better than the five-year TSR (the latter coming in at 10% per year), it would seem that the stock's performance has improved in recent times. Someone with an optimistic perspective could view the recent improvement in TSR as indicating that the business itself is getting better with time. Before forming an opinion on CTS Eventim KGaA you might want to consider these 3 valuation metrics. Story Continues If you are like me, then you will not want to miss this freelist of undervalued small caps that insiders are buying. Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on German exchanges. Have feedback on this article? Concerned about the content?Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. View Comments |
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| 23.11.24 08:22:03 | CTS Eventim KGaA Third Quarter 2024 Earnings: Beats Expectations | |
| CTS Eventim KGaA (ETR:EVD) Third Quarter 2024 Results Key Financial Results Revenue: €825.0m (up 13% from 3Q 2023). Net income: €56.0m (down 53% from 3Q 2023). Profit margin: 6.8% (down from 17% in 3Q 2023). The decrease in margin was driven by higher expenses. EPS: €0.58 (down from €1.25 in 3Q 2023).XTRA:EVD Earnings and Revenue Growth November 23rd 2024 All figures shown in the chart above are for the trailing 12 month (TTM) period CTS Eventim KGaA Revenues and Earnings Beat Expectations Revenue exceeded analyst estimates by 5.0%. Earnings per share (EPS) also surpassed analyst estimates by 36%. Looking ahead, revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the Entertainment industry in Germany. Performance of the German Entertainment industry. The company's shares are down 9.7% from a week ago. Risk Analysis It's still necessary to consider the ever-present spectre of investment risk. We've identified 1 warning sign with CTS Eventim KGaA, and understanding it should be part of your investment process. Have feedback on this article? Concerned about the content?Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. View Comments |
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