UMG Relative Valuation - Universal Music Group NV - Alpha Spread
U

Universal Music Group NV
VSE:UMG

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Universal Music Group NV
VSE:UMG
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Price: 23.63 EUR -0.34% Market Closed
Market Cap: 43.2B EUR
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Relative Value

The Relative Value of one UMG stock under the Base Case scenario is 23.46 EUR. Compared to the current market price of 23.63 EUR, Universal Music Group NV is Overvalued by 1%.

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.

UMG Relative Value
Base Case
23.46 EUR
Overvaluation 1%
Relative Value
Price
U
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
68
vs Industry
16
Median 3Y
4
Median 5Y
4
Industry
1.4
Forward
3.7
vs History
84
vs Industry
11
Median 3Y
40.5
Median 5Y
40.5
Industry
17.4
Forward
25.2
vs History
52
vs Industry
13
Median 3Y
26.9
Median 5Y
26.9
Industry
11.4
vs History
76
vs Industry
13
Median 3Y
32.1
Median 5Y
32.1
Industry
15.6
vs History
92
vs Industry
2
Median 3Y
17
Median 5Y
17
Industry
1.7
vs History
68
vs Industry
16
Median 3Y
4.1
Median 5Y
4.1
Industry
1.5
Forward
3.8
vs History
57
vs Industry
14
Median 3Y
9.2
Median 5Y
9.2
Industry
3.3
vs History
28
vs Industry
10
Median 3Y
26.4
Median 5Y
26.4
Industry
8.8
Forward
17.7
vs History
50
vs Industry
9
Median 3Y
28.6
Median 5Y
28.6
Industry
12.3
Forward
22.6
vs History
50
vs Industry
12
Median 3Y
27.8
Median 5Y
27.8
Industry
10.6
vs History
47
vs Industry
14
Median 3Y
28.6
Median 5Y
28.6
Industry
13.7
vs History
92
vs Industry
7
Median 3Y
6.5
Median 5Y
6.5
Industry
1.4

Multiples Across Competitors

UMG Competitors Multiples
Universal Music Group NV Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
NL
Universal Music Group NV
VSE:UMG
43.2B EUR 3.8 27.9 28.5 28.5
US
Netflix Inc
NASDAQ:NFLX
298.8B USD 8.2 42.1 12.8 35.2
JP
Amana inc
TSE:2402
37.6T JPY 3 010.6 -11 567.4 -56 771.3 -36 543.3
US
Incapta Inc
OTC:INCT
226.7B USD 67 672 720.2 -108 367.4 -89 378.1 -89 313.6
US
Walt Disney Co
NYSE:DIS
170.5B USD 1.9 35.7 12.5 18.1
LU
Spotify Technology SA
NYSE:SPOT
68.1B USD 4.3 132.2 110.9 148
US
Live Nation Entertainment Inc
NYSE:LYV
23.3B USD 1 91.1 12.4 17.7
US
Warner Bros Discovery Inc
NASDAQ:WBD
21B USD 0.5 -1.8 2.6 -230.8
FR
Bollore SE
PAR:BOL
16.8B EUR 0.9 4.3 7.9 25.4
CN
Tencent Music Entertainment Group
NYSE:TME
16.3B USD 4.2 20.7 18.7 18.7
US
Warner Music Group Corp
NASDAQ:WMG
15.5B USD 2.4 28.8 14.8 19.8
EV/EBIT Multiple
EBIT Growth
NL
U
Universal Music Group NV
VSE:UMG
Average EV/EBIT: 38.9
28.5
88%
US
Netflix Inc
NASDAQ:NFLX
35.2
110%
JP
Amana inc
TSE:2402
Negative Multiple: -36 543.3 N/A
US
Incapta Inc
OTC:INCT
Negative Multiple: -89 313.6 N/A
US
Walt Disney Co
NYSE:DIS
18.1
103%
LU
Spotify Technology SA
NYSE:SPOT
148
N/A
US
Live Nation Entertainment Inc
NYSE:LYV
17.7
59%
US
Warner Bros Discovery Inc
NASDAQ:WBD
Negative Multiple: -230.8 N/A
FR
Bollore SE
PAR:BOL
25.4
203%
CN
Tencent Music Entertainment Group
NYSE:TME
18.7
142%
US
Warner Music Group Corp
NASDAQ:WMG
19.8
72%

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