Valuation Warner Music Group Corp.

Equities

Market Closed - Nasdaq Other stock markets 21:00:00 08/05/2026 BST			5-day change	1st Jan Change
33.36 ^USD	+7.47%		+19.23%	+8.77%

04-28	Bertelsmann merges firms behind Kylie Minogue, Miles Davis to create world's No.4 music group	RE
04-22	Warner Chappell Music launches direct operations in India	RE

Data adjusted to current consolidation scope

Fiscal Period: September	2021	2022	2023	2024	2025	2026	2027	2028
Capitalization ¹	21,985	11,950	16,202	16,211	17,754	17,401	-	-
Change	-	-45.65%	35.59%	0.05%	9.52%	-1.99%	-	-
Enterprise Value (EV) ¹	24,832	15,098	19,525	19,531	21,587	21,428	21,197	21,012
Change	-	-39.2%	29.33%	0.03%	10.53%	-0.74%	-1.08%	-0.87%
P/E ratio	73.7x	21.9x	38.3x	37.7x	49.4x	23.2x	18.9x	16.9x
PBR	709x	78.6x	52.8x	31.3x	27.4x	17.8x	11.8x	8.64x
PEG	-	0.3x	-1.7x	30.91x	-2.9x	0x	0.8x	1.4x
Capitalization / Revenue	4.15x	2.02x	2.68x	2.52x	2.65x	2.39x	2.26x	2.13x
EV / Revenue	4.68x	2.55x	3.23x	3.04x	3.22x	2.94x	2.75x	2.57x
EV / EBITDA	22.8x	12.6x	14.9x	13.6x	15x	12.4x	11.2x	10.2x
EV / EBIT	34.9x	21.1x	21.6x	23.7x	21.5x	17.6x	14.9x	13.3x
EV / FCF	45.6x	24.9x	34.9x	30.6x	40.1x	23.3x	20.6x	17.9x
FCF Yield	2.19%	4.02%	2.87%	3.27%	2.5%	4.29%	4.86%	5.57%
Dividend per Share ²	0.51	0.61	0.61	0.69	0.73	0.7776	0.8259	0.884
Rate of return	1.19%	2.63%	1.94%	2.2%	2.14%	2.33%	2.48%	2.65%
EPS ²	0.58	1.06	0.82	0.83	0.69	1.439	1.768	1.976
Distribution rate	87.9%	57.5%	74.4%	83.1%	106%	54%	46.7%	44.7%
Net sales ¹	5,301	5,919	6,037	6,426	6,707	7,284	7,704	8,176
EBITDA ¹	1,090	1,196	1,311	1,432	1,443	1,728	1,892	2,061
EBIT ¹	712	714	903	823	1,006	1,216	1,421	1,584
Net income ¹	304	551	430	435	365	750.9	921.2	1,042
Net Debt ¹	2,847	3,148	3,323	3,320	3,833	4,027	3,796	3,611
Reference price ²	42.74	23.21	31.40	31.30	34.06	33.36	33.36	33.36
Nbr of stocks (in thousands)	514,386	514,849	515,993	517,919	521,267	521,616	-	-
Announcement Date	15/11/21	22/11/22	16/11/23	21/11/24	20/11/25	-	-	-

¹USD in Million²USD

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
WARNER MUSIC GROUP CORP.	23.18x	2.94x	12.4x	2.33%	17.4B
BOLLORÉ SE	46.12x	3.41x	30.41x	1.67%	17.36B
TKO GROUP HOLDINGS, INC.	42.18x	3.16x	8.01x	1.65%	14B
SPHERE ENTERTAINMENT CO.	-50.01x	3.49x	15.92x	-.--%	4.77B
TOEI ANIMATION CO.,LTD.	24.02x	4.96x	14.6x	1.59%	3.5B
SEGA SAMMY HOLDINGS INC.	-154.95x	0.91x	7.32x	2.39%	2.97B
VIVENDI SE	28.65x	11.78x	38.29x	2.23%	2.47B
Average	-5.83x	4.38x	18.14x	1.69%	8.93B
Weighted average by Cap.	20.01x	3.53x	17.59x	1.77%