What is Live Nation Entertainment, Inc. (LYV) DCF Fair Value and Intrinsic Value in 2026?

Live Nation Entertainment, Inc. (LYV) intrinsic value is calculated using conservative multi-stage Discounted Cash Flow (DCF) models, 5-year free cash flow trajectories, Graham Numbers, and owner earnings multiples. LocalAlpha tracks real-time margin of safety against live market prices.

What is Live Nation Entertainment, Inc.'s historical Return on Invested Capital (ROIC) and Moat Rating?

Live Nation Entertainment, Inc. operates in the Communication Services sector (Entertainment) with an economic moat rating of WIDE. LocalAlpha tracks 5-year audited quarterly ROIC, operating margin stability, and balance sheet solvency ratios.

What is Live Nation Entertainment, Inc.'s financial health rating and Piotroski F-Score?

Live Nation Entertainment, Inc.'s balance sheet quality is evaluated using the 9-point Piotroski F-Score, Altman Z-Score solvency model, debt-to-equity ratio, and quick/current liquidity coverage to guard against financial distress.

How does LocalAlpha monitor Live Nation Entertainment, Inc. (LYV) for quarterly SEC filing thesis breaks?

LocalAlpha audits Live Nation Entertainment, Inc.'s 10-K, 10-Q, and 8-K regulatory filings on SEC EDGAR within 15 minutes of release. If reported metrics breach an investor's custom ROIC floor, operating margin boundary, or qualitative risk criteria, an autonomous breach audit is dispatched immediately.

StocksLYV

LYV

Live Nation Entertainment, Inc.Communication Services / EntertainmentINTACT

Live Nation Entertainment, Inc. operates as a live entertainment company worldwide. The company operates through Concerts, Ticketing, and Sponsorship & Advertising segments. Its Concerts segment promotes live music events in its owned or operated venues, and in rented third-party venues. This segment operates and manages music venues; produces music festivals; creates associated content; and offers management and other services to artists. The Ticketing segment manages the ticketing operations, including the provision of ticketing software and services to consumers with marketplace for tickets and event information through mobile apps, other websites, and retail outlets, as well as its websites, such as livenation.com and ticketmaster.com; and provides ticket resale services. This segment offers ticketing services for arenas, stadiums, amphitheaters, music clubs, concert promoters, professional sports franchises and leagues, college sports teams, performing arts venues, museums, and theaters. Its Sponsorship & Advertising segment sells international, national, and local sponsorships and placement of advertising, including signage, online advertising, and promotional programs; rich media offering, including advertising related with live streaming and music-related content; and ads through distribution network of venues, events, and websites. This segment also manages the development of strategic sponsorship programs, as well as develops, books, and produces custom events or programs for specific brands. It owns, operates, or leases entertainment venues. The company was formerly known as Live Nation, Inc. and changed its name to Live Nation Entertainment, Inc. in January 2010. Live Nation Entertainment, Inc. was incorporated in 2005 and is headquartered in Beverly Hills, California.

Share Price

$170.15

52W: $125.34 - $189.25

DCF Fair Value

$128.76

-32.1% Premium

Thesis Hub

P/E (TTM)

20x

ROIC

Operating Margin

6.7%

FCF Yield

4.3%

Debt / Equity

6.2x

Piotroski Score

4/9

Altman Z-Score

4.12

Market Cap

$39.6B

Price vs. Intrinsic Value Corridor

Overvalued vs DCF ($128.76)

Historical market price overlaid against conservative DCF Fair Value & Benjamin Graham Margin of Safety bands.

Period Return (1Y)

—()

Period Range

$— - $—

DCF Fair Value

$128.76

MOS Buy Target (-25%)

$96.57

Valuation Overlays: DCF Fair Value ($128.76) 25% MOS Buy Target ($96.57)

2-Stage Discounted Cash Flow (DCF) Workbench

Conservative intrinsic value model based on owner cash generation over a 10-year investment horizon. Opens with LocalAlpha's baseline assumptions (matching the fair value shown above) — adjust any input to stress-test.

Current Market Price

$170.15

DCF Fair Value

$128.59

-32.3% Premium

Starting Free Cash Flow ($M)$1,695M

$100M$1,695M (Reported)$50,000M

Stage 1 Growth (Years 1-5)5.3%

-5%10% (Target)35%

Stage 2 Growth (Years 6-10)4.5%

0%5%20%

Discount Rate (WACC / Hurdle)9.0%

6%9% (Standard)15% (High Risk)

Terminal Perpetual Growth2.5%

1% (GDP Floor)2.5% (Inflation)4.0%

Net Debt ($M)$2,200M

-$100B CashBalance Sheet+$150B Debt

10-Yr PV of Cash Flows

$13.9B

PV of Terminal Value

$18.2B

Implied Enterprise Value

$32.2B

Implied Equity Value

$30.0B

Year	Yr 1	Yr 2	Yr 3	Yr 4	Yr 5	Yr 6	Yr 7	Yr 8	Yr 9	Yr 10
Projected FCF ($M)	$1,785	$1,879	$1,979	$2,084	$2,194	$2,293	$2,396	$2,504	$2,617	$2,735
Present Value (PV)	$1,637	$1,582	$1,528	$1,476	$1,426	$1,367	$1,311	$1,257	$1,205	$1,155

Benjamin Graham & Buffett Value Models

Classical deep value metrics based on asset backing, normalized earnings power, and owner cash yield.

Graham Number

N/A

Calculated as √(22.5 × EPS × BVPS). The maximum theoretical price a defensive investor should pay based purely on asset book value and current earnings.

Not calculable here: the formula takes a square root of EPS × book value, so it breaks down when trailing earnings (or book value) are negative. A company losing money has no defensive-investor price under Graham's classic test — lean on the DCF and solvency scores instead.

EPS: $-1.11BVPS: $0.36

Revised Graham Formula

N/A

Formula: V = (EPS × (8.5 + 2g) × 4.4) / Y where g is the conservative 7-10 yr growth rate and Y is AAA Bond Yield.

Growth Rate (g%)

Bond Yield (Y%)

Buffett Owner Earnings4.1% Yield

$6.91 / share

True distributable cash flow: Net Income + D&A - Maintenance CapEx. Reflects the cash Buffett would extract without hurting unit volume.

Total: $1.6BYield: 4.1%

Reverse DCF: Market Growth Expectation

FAIR BARRIER

7.7% CAGR (Next 10 Yrs)

At the current price of $170.15, the market is assuming the business will compound Free Cash Flow at 7.7% per year for the next decade with a 9% hurdle rate.

Value Investor Verdict

✓ Low market hurdle: Easy for a wide-moat compounder to beat.

Autonomous Thesis Underwriting

Surveil LYV with Mathematical Margin of Safety Rules

Set non-negotiable floor rules for Live Nation Entertainment, Inc.. If a newly filed quarterly 10-Q breaks your ROIC floor, operating margin boundary, or balance sheet leverage rules, receive an autonomous breach audit within 15 minutes.

Buffett Quality

ROIC > 15% • Margin > 15% • D/E < 0.5x

Margin Floor Guard

Current Margin 6.7% • Floor > 10%

Solvency Guard

Altman-Z > 2.6 • Current Ratio > 1.5x

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Frequently Asked Questions: Live Nation Entertainment, Inc. (LYV) Intrinsic Valuation

Audited fundamentals, DCF intrinsic value sensitivity, and thesis break detection parameters for Live Nation Entertainment, Inc..

Based on institutional multi-stage Discounted Cash Flow (DCF) modeling on audited SEC cash flows, Live Nation Entertainment, Inc. has an estimated DCF intrinsic fair value of $128.76 per share compared to its current market price of $170.15. This represents an estimated 32.1% premium over fair value. Additionally, its classic Benjamin Graham Number stands at $N/A.