(EVD) CTS Eventim . KGaA - Ratings and Ratios

CTS Eventim AG & Co. KGaA is a leading global player in the leisure events market, with operations spanning Germany, Italy, the United States, Switzerland, Austria, the United Kingdom, Sweden, Finland, Spain, Brazil, Denmark, the Netherlands, and other international markets. The company operates through two core segments: Ticketing and Live Entertainment. Its Ticketing segment is a powerhouse in ticket distribution, offering a wide range of solutions for concerts, festivals, theatre, sports, and other events. Beyond its consumer-facing platform EVENTIM.Net, the company provides specialized tools like EVENTIM.Inhouse for classical music and theatre, EVENTIM.Tixx for sports, and EVENTIM.Light for promoters. It also offers EVENTIM.Access for ticket sales and admission control, along with kinoheld software tailored for cinema operators.

The Live Entertainment segment is equally robust, focusing on the planning, production, and execution of tours, festivals, and concerts. This division also engages in marketing music productions and operating venues, making it a vertically integrated player in the entertainment industry. The company’s ability to combine ticketing technology with live event production creates a synergistic business model that is rare in the industry.

From a financial perspective, CTS Eventim AG & Co. KGaA is a substantial player, with a market capitalization of 9.06158 billion EUR. Its trailing P/E ratio of 36.03 and forward P/E of 26.39 suggest that investors are pricing in significant growth expectations. The company’s price-to-book ratio of 9.57 indicates a premium valuation, likely due to its strong market position and intangible assets. The price-to-sales ratio of 3.57 reflects a healthy revenue multiple for a company in the application software and live entertainment space.

Founded in 1989 and headquartered in Bremen, Germany, the company has built a reputation for reliability and innovation. Its name change from CTS EVENTIM AG to CTS Eventim AG & Co. KGaA in 2014 reflects its evolution into a more complex and diversified enterprise. For investors, the company’s dual focus on ticketing technology and live entertainment provides exposure to both the digital transformation of ticketing systems and the cyclical yet resilient live events industry.