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⚠️ Not investment advice. Past performance does not guarantee future results.
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CTS Eventim EVD.DE

GermanyCommunication Services · EntertainmentXetra · EUR
6.2AI score
Rank 803 of 2,130
better than 60% of companies
55.80EUR
▼ 27.8% in one year
EVD.DE MSCI World +22.1%
Average analyst target
85.58 EUR (+53.4%)
13 analysts
52-wk low 48.26High 86.35
📈 Chart on TradingView ↗(affiliate link)Analysis of 08/10/2026

What does it do?

CTS Eventim is the European leader in ticket sales and live event promotion, operating a vertically integrated ticketing platform with concert and show organization, generating revenue from commissions and direct ticket sales.

Listed on Xetra · Symbol EVD.DE · ETR: EVD · Currency EUR

Key points

from its scores
  • ✓Strong growth7.8
  • ✓Attractive dividend7.1
  • ✓Attractive valuation7.0
  • ✕Poor share-price trend1.5
  • !Risks to watch5.2

AI analysis

bottom line, main risk, context and news
Bottom line

CTS Eventim's fundamentals are solid and the negative momentum of the last 12 months offers an attractive entry point for a medium-term investor.

CTS Eventim combines solid growth (revenue +13%, earnings +31.1%) with excellent profitability (ROE 29.79%, ROIC 24.88%) and a clean balance sheet with net cash (Net Debt/EBITDA of -2.34), justifying a P/E of 17.44 and EV/EBITDA of 8.05; the only weak point is negative momentum (-26.42% over 12 months), which contrasts with intact fundamentals.

⚠ Main risk

The main risk is dependence on live entertainment demand, which is cyclical and sensitive to a potential consumer recession, along with concentration in the European events market.

Context and risks

CTS Eventim has no material exposure to current macro factors: its ticketing and live event promotion business is discretionary consumer spending, with net cash insulating it from the rise in rates, and it does not depend on commodities or shipping routes. The main risk is specific to its sector: dependence on live entertainment demand and event seasonality.

Is CTS Eventim stock cheap or expensive?

at the analysis date
In line with its sector

On P/E and EV / EBITDA, it trades in line with the Communication Services median (within 15%).

MultipleCompanySectorDifference
P/E17.417.1+2%
EV / EBITDA8.19.6−16%
Price / book5.02.3+117%
Price / sales1.61.9−16%

Sector: median of the 102 Communication Services companies analysed. In bold, the multiples used for the comparison.

Valuation score: 7.0 out of 10 (median for Communication Services: 6.3).

Average analyst target: 85.58 EUR, +53.4% versus the price.

Indicative fair value · EUR
Graham91.20▲ +63% vs price
Cash flow (DCF)35.04▼ −37% vs price
Dividends50.40▼ −10% vs price
Price55.80at the analysis date

Classic formulas with standard assumptions (10.0% growth, 8-9% discount rate). Indicative only: they change a lot with the assumptions and are not a recommendation.

Work out its fair value yourself →How much would you have made investing every month? →

Comparing it with its sector does not say whether it is a good buy: this is not investment advice.

🛒 Where to buy EVD.DECheapest · Germany (Xetra) · sample 200.00 € orderCheapest · Germany (Xetra) · sample 200.00 € orderAvailable in your country · Germany (Xetra) · sample 200.00 € order
By the cost of that order: commission and FX, taxes excluded (public fee schedules). Brokers marked «affiliate» may pay Meridian a commission at no cost to you. This is not investment advice. · Compare all 22 brokers by real cost →

Score by category

0 to 10 · hover overtap each one to see what it measures
Financial healthiFair6.4Communication Services median: 6.6
Quality / MoatiFair6.4Communication Services median: 6.1
ValuationiGood7.0Communication Services median: 6.3
GrowthiGood7.8Communication Services median: 5.4
DividendiGood7.1Communication Services median: 4.7
MomentumiPoor1.5Communication Services median: 5.3
Risk & ContextiFair5.2Communication Services median: 6.5
Communication Services median7 or more 5 to 7 under 5

Key metrics

at the analysis date · compared with the Communication Services median
P/Ei
17.4
Communication Services: 17.1in line
EV / EBITDAi
8.1
Communication Services: 9.6below
ROEi
29.8%
Communication Services: 14.2%above
Operating margini
8.9%
Communication Services: 16.5%below
Net debt / EBITDAi
−2.34
Communication Services: 2.19net cash
Revenue growthi
+13.0%
Communication Services: +5.5%above

Valuation

P/E
17.4
Forward P/E
15.1
EV / EBITDA
8.1
Price / book
5.0
Price / sales
1.6
PEG
1.65
Market cap
5.4B EUR
Enterprise value
4.3B EUR

Profitability

ROE
29.8%
ROA
7.6%
ROIC (approx.)
24.9%
Gross margin
25.9%
Operating margin
8.9%
Net margin
9.3%
Free cash flow
142.7M EUR
FCF yield
2.7%
Cash conversion
27%

Solvency

Total debt
120.5M EUR
Net debt
−1.2B EUR
Cash
1.4B EUR
EBITDA
529.2M EUR
Net debt / EBITDA
−2.34
Debt / equity
9.97
Current ratio
0.88
Quick ratio
0.62

Growth

Revenue growth
+13.0%
Earnings growth
+31.1%
EPS (TTM)
3.20 EUR
EPS (forward)
3.70 EUR

Dividend

Dividend yield
2.6%
Payout
45.0%

Risk and market

Beta
1.25
Analyst consensus
Strong buy (13)
Target price
85.58 EUR
52-week range
48.26 – 86.35

Compare it with its sector

All 102 in Communication Services →
See the full ranking with filters →

Keep browsing the ranking

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Frequently asked questions about CTS Eventim

Is CTS Eventim stock cheap or expensive?

On P/E and EV / EBITDA, it trades in line with the Communication Services median (within 15%). Valuation score: 7.0 out of 10 (median for Communication Services: 6.3). Average analyst target: 85.58 EUR, +53.4% versus the price. This is not investment advice.

What score does CTS Eventim get on MeridIAn Screener?

It scores 6.2 out of 10, rank 803 of 2,130 (better than 60% of the companies analysed). Its strongest category is Growth (7.8) and its weakest, Momentum (1.5). Analysis of 08/10/2026.

What is CTS Eventim's P/E ratio?

Its P/E is 17.4: the share price equals 17.4 times earnings per share over the last 12 months. The Communication Services median is 17.1. Based on the earnings analysts expect, the forward P/E is 15.1.

How much is CTS Eventim worth on the stock market?

Its market capitalisation is 5.4B EUR and its enterprise value, debt included, is 4.3B EUR.

How much debt does CTS Eventim have?

It has more cash than debt: net cash of 1.2B EUR.

Does CTS Eventim pay a dividend?

Yes: its dividend yield is 2.58% and it pays out 45% of its earnings.

How has CTS Eventim stock performed over the last year?

It has fallen 27.8% over the last year, excluding dividends. Over the last 52 weeks it has traded between 48.26 and 86.35 EUR. Past performance does not guarantee future results.

What do analysts think of CTS Eventim?

13 analysts cover it; their average recommendation is “Strong buy” and their average target is 85.58 EUR (+53.4% versus the price). It is an estimate, not market data.