LYV Valuations

Quarterly trend of key valuation metrics

Metric	Current (TTM) TTM Baseline	Q2 '26 30.06.2026	Q1 '26 31.03.2026	Q4 '25 31.12.2025
Market & Enterprise Value
Market Cap	39.68B EUR	42.76B EUR	35.49B EUR	33.55B EUR
Enterprise Value	43.86B EUR	44.97B EUR	36.99B EUR	36.86B EUR
Valuation Multiples
Trailing P/E	--	317.46x	424.17x	70.96x
Forward P/E	88.15x	--	--	--
Price to Sales	1.51x	1.63x	1.39x	1.54x
Price to Book	477.11x	519.39x	--	123.79x
EV/Revenue	1.67x	1.71x	1.44x	1.69x
EV/EBITDA	28.28x	27.08x	24.41x	22.02x
Price to FCF (P/FCF)	23.41x	31.1x	29.45x	--
EV/FCF	25.88x	32.71x	30.7x	--
FCF Yield	4.27%	3.22%	3.4%	-2.46%