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TICKETMASTER ENTERTAINMENT LLC (TKTM) Add to portfolio

1m | 3m | 6m | 1y | 2y | 5y | 10y
Price: $10.72 Metrics
OS: 35.9 M 6 % ROE
Market cap: $385 M
Net debt: $249 M 0.9 x Debt/EBITDA
EV: $634 M

 
TTM Valuation
EBITDA $290 M 2.2 x EV/EBITDA
EBIT $90.1 M 7.0 x EV/EBIT
EPS $0.34 31.8 x P/E

Recent News + Filings   (All items)

Financial Summary   (All financials)
In millions, except per share itemsDec-31-09Dec-31-08Dec-31-07Dec-31-06Dec-31-05Dec-31-01Dec-31-00Dec-31-99
Revenues1,486.21,454.51,240.51,062.7928.7675.2606.7498.5
            Revenue growth2.2%17.3%16.7%14.4% 11.3%21.7% 
Cost of goods sold896.2927.9766.5637.2561.10.112.117.8
Gross profit590.0526.6473.9425.5367.6675.0594.6480.7
            Gross margin39.7%36.2%38.2%40.0%39.6%100.0%98.0%96.4%
Sales and marketing94.7102.643.520.117.782.687.856.5
General and administrative271.3190.1149.5118.3121.7106.292.778.5
EBITA161.7174.4248.8255.0194.8-148.1-194.3-87.2
            EBITA margin10.9%12.0%20.1%24.0%21.0%-21.9%-32.0%-17.5%
Amortization of intangibles71.644.126.227.128.7   
EBIT90.1130.3222.6227.9166.0-148.1-194.3-87.2
            EBIT margin6.1%9.0%17.9%21.4%17.9%-21.9%-32.0%-17.5%
Pre-tax income38.1-984.2255.8262.6187.5-160.4-216.5-92.7
Income taxes19.125.689.086.0-68.35.114.724.0
            Tax rate50.1% 34.8%32.7%    
Net income19.0-1,009.8166.8176.7117.7-164.5-230.0-115.3
            Net margin1.3%-69.4%13.4%16.6%12.7%-24.4%-37.9%-23.1%
 
Diluted EPS$0.50($17.84)$3.01$3.15 ($1.16)($1.65)($0.90)
Shares outstanding (diluted)38.156.655.456.2 141.4139.4128.1
 
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.

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