DCF Valuation
Base-case fair value
$62.98
Intrinsic $83.97 · 25% MOS
Current price: $160.07
Base-case summary
Our base-case DCF for Live Nation Entertainment, Inc. (LYV) projects 10 years of free cash flow growth at 2.0% for years 1–5 and 1.0% for years 6–10, anchored to a default 8% growth assumption, then applies a 2.5% perpetual growth rate and a 8.0% discount rate. Starting from $1.2B in trailing free cash flow, this produces an intrinsic value of $83.97 per share. A 25% safety margin gives a fair value of $62.98, suggesting the stock is currently 61% overvalued against the $160.07 market price.
See 3 scenarios side by side
Conservative, Base, and Optimistic fair values, plus the sensitivity matrix and FCF history. Free account.
Model inputs
TTM Free Cash Flow
$1.2B
Cash & equivalents
$9.1B
Total debt
$10.6B
Shares outstanding
232M