Warner Music Group Corp
NASDAQ:WMG

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Warner Music Group Corp
NASDAQ:WMG
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Price: 29.83 USD 2.09% Market Closed
Market Cap: 15.5B USD

Relative Value

The Relative Value of one WMG stock under the Base Case scenario is 40.79 USD. Compared to the current market price of 29.83 USD, Warner Music Group Corp is Undervalued by 27%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

WMG Relative Value
Base Case
40.79 USD
Undervaluation 27%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
81
vs Industry
28
Median 3Y
2.6
Median 5Y
2.8
Industry
1.4
Forward
2.4
vs History
63
vs Industry
14
Median 3Y
35.6
Median 5Y
32.7
Industry
17.5
Forward
21.2
vs History
85
vs Industry
18
Median 3Y
22
Median 5Y
23.2
Industry
10.8
vs History
56
vs Industry
11
Median 3Y
31.8
Median 5Y
44.5
Industry
15.7
vs History
86
vs Industry
2
Median 3Y
51.4
Median 5Y
57.1
Industry
1.7
vs History
85
vs Industry
24
Median 3Y
3.2
Median 5Y
3.4
Industry
1.5
Forward
2.8
vs History
85
vs Industry
23
Median 3Y
6.7
Median 5Y
7.1
Industry
3.2
vs History
80
vs Industry
17
Median 3Y
17
Median 5Y
18
Industry
8.5
Forward
13
vs History
63
vs Industry
16
Median 3Y
23.7
Median 5Y
23.2
Industry
12.2
Forward
18.5
vs History
90
vs Industry
14
Median 3Y
26.2
Median 5Y
27.8
Industry
10.2
vs History
80
vs Industry
10
Median 3Y
41.3
Median 5Y
44.4
Industry
13
vs History
91
vs Industry
24
Median 3Y
2.5
Median 5Y
2.7
Industry
1.4

Multiples Across Competitors

WMG Competitors Multiples
Warner Music Group Corp Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
US
Warner Music Group Corp
NASDAQ:WMG
15.5B USD 2.4 30.7 15.5 21.4
US
Netflix Inc
NASDAQ:NFLX
471.2B USD 11.7 50.8 17.7 42.8
US
Walt Disney Co
NYSE:DIS
166.7B USD 1.8 29.7 11.1 15.3
LU
Spotify Technology SA
NYSE:SPOT
126.5B USD 7.1 97.8 69.2 75.2
NL
Universal Music Group NV
AEX:UMG
45.3B EUR 3.8 21.7 21.5 26.5
US
Live Nation Entertainment Inc
NYSE:LYV
31.1B USD 1.3 48.8 17.2 24.6
US
TKO Group Holdings Inc
NYSE:TKO
26.8B USD 20.1 158.6 77 101.9
CN
Tencent Music Entertainment Group
NYSE:TME
22.6B USD 5.8 24.8 19.8 19.8
US
Warner Bros Discovery Inc
NASDAQ:WBD
21.1B USD 0.5 -1.9 2.5 91.8
FR
Bollore SE
PAR:BOL
15B EUR 4.8 8.3 11.3 -32.6
US
Endeavor Group Holdings Inc
NYSE:EDR
13.8B USD 1.9 -17.6 34.6 -207.1
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
US
Warner Music Group Corp
NASDAQ:WMG
Average EV/EBIT: 46.6
21.4
13%
1.6
US
Netflix Inc
NASDAQ:NFLX
42.8
21%
2
US
Walt Disney Co
NYSE:DIS
15.3
19%
0.8
LU
Spotify Technology SA
NYSE:SPOT
75.2
44%
1.7
NL
Universal Music Group NV
AEX:UMG
26.5
18%
1.5
US
Live Nation Entertainment Inc
NYSE:LYV
24.6
17%
1.4
US
TKO Group Holdings Inc
NYSE:TKO
101.9
47%
2.2
CN
Tencent Music Entertainment Group
NYSE:TME
19.8
21%
0.9
US
Warner Bros Discovery Inc
NASDAQ:WBD
91.8
56%
1.6
FR
Bollore SE
PAR:BOL
Negative Multiple: -32.6 N/A N/A
US
Endeavor Group Holdings Inc
NYSE:EDR
Negative Multiple: -207.1 N/A N/A