Company Valuation: Sphere Entertainment Co.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2025 2026 2027 2028
Capitalization 1 2,405 1,554 3,358 4,108 - -
Change - -35.4% - 22.33% - -
Enterprise Value (EV) 1 1,897 2,451 3,358 4,177 3,972 3,620
Change - 29.19% - 24.39% -4.89% -8.87%
P/E ratio -4.04x -7.79x 128x -45.4x -51.7x -61.9x
PBR 0.69x 0.78x - 1.72x 1.7x 1.65x
PEG - 0.1x - 0x 4.2x 3.8x
Capitalization / Revenue 13.3x 0.9x 2.75x 3.06x 3x 3.12x
EV / Revenue 10.5x 1.42x 2.75x 3.11x 2.9x 2.75x
EV / EBITDA -7x 18.4x 12.8x 14.5x 13.2x 9.33x
EV / EBIT -4.21x -23.9x -14.6x -43.7x -44.3x -42.3x
EV / FCF -2.56x -3.98x - 18.2x 19.6x 14.1x
FCF Yield -39.1% -25.1% - 5.51% 5.09% 7.11%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 -17.39 -5.77 0.74 -2.546 -2.236 -1.87
Distribution rate - - - - - -
Net sales 1 180.4 1,725 1,220 1,342 1,368 1,315
EBITDA 1 -271 133.6 261.8 288.2 301.2 388
EBIT 1 -450.2 -102.7 -229.6 -95.54 -89.67 -85.64
Net income 1 -412.1 -194.4 33.4 -103.4 -91.48 -46.18
Net Debt 1 -507.9 897.1 - 69.08 -135.4 -487.5
Reference price 2 70.34 44.97 95.08 115.70 115.70 115.70
Nbr of stocks (in thousands) 34,192 34,550 35,314 35,502 - -
Announcement Date 23/08/21 19/08/22 12/02/26 - - -
1USD in Million2USD
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
-43.66x3.15x14.66x-.--% 4.11B
84.35x4.1x12.25x1.1% 16.32B
44.57x2.65x741.6x1.83% 15.88B
22.09x2.68x11.48x2.62% 15.38B
17.7x0.99x7.17x2.5% 3.26B
21.26x4.15x12.43x1.8% 3.15B
41.05x13.93x70.63x2.37% 2.62B
18x1.46x6.79x0.3% 2.34B
Average 25.67x 4.14x 109.62x 1.57% 7.88B
Weighted average by Cap. 39.94x 3.48x 197.86x 1.71%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

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  3. SPHR Stock
  4. Valuation Sphere Entertainment Co.