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Vivid Seats (Vivid Seats) Enterprise Value : $815.3 Mil (As of Jun. 06, 2024)


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What is Vivid Seats Enterprise Value?

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Vivid Seats's Enterprise Value is $815.3 Mil. Vivid Seats's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was $68.7 Mil. Therefore, Vivid Seats's EV-to-EBIT ratio for today is 11.87.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Vivid Seats's Enterprise Value is $815.3 Mil. Vivid Seats's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 was $94.6 Mil. Therefore, Vivid Seats's EV-to-EBITDA ratio for today is 8.62.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Vivid Seats's Enterprise Value is $815.3 Mil. Vivid Seats's Revenue for the trailing twelve months (TTM) ended in Mar. 2024 was $742.7 Mil. Therefore, Vivid Seats's EV-to-Revenue ratio for today is 1.10.


Vivid Seats Enterprise Value Historical Data

The historical data trend for Vivid Seats's Enterprise Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Vivid Seats Enterprise Value Chart

Vivid Seats Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Enterprise Value
- - 2,117.14 1,463.78 1,487.13

Vivid Seats Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,472.70 1,528.50 1,276.76 1,487.13 1,388.71

Competitive Comparison of Vivid Seats's Enterprise Value

For the Internet Content & Information subindustry, Vivid Seats's Enterprise Value, along with its competitors' market caps and Enterprise Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Vivid Seats's Enterprise Value Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Vivid Seats's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Vivid Seats's Enterprise Value falls into.



Vivid Seats Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Vivid Seats's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as

Vivid Seats's Enterprise Value for the quarter that ended in Mar. 2024 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Vivid Seats  (NAS:SEAT) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

Vivid Seats's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=815.257/68.703
=11.87

Vivid Seats's current Enterprise Value is $815.3 Mil.
Vivid Seats's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $68.7 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Vivid Seats's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=815.257/94.584
=8.62

Vivid Seats's current Enterprise Value is $815.3 Mil.
Vivid Seats's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $94.6 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Vivid Seats's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=815.257/742.668
=1.10

Vivid Seats's current Enterprise Value is $815.3 Mil.
Vivid Seats's Revenue for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $742.7 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Vivid Seats Enterprise Value Related Terms

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Vivid Seats (Vivid Seats) Business Description

Traded in Other Exchanges
N/A
Address
24 E. Washington Street, Suite 900, Chicago, IL, USA, 60602
Vivid Seats Inc is an online ticket marketplace for connecting fans to live events and artists. It is the official ticketing partner of brands in the entertainment industry providing tickets for sports, concerts, theatres, and comedy. It operates in two segments namely marketplace and resale.
Executives
Edward Pickus officer: Chief Accounting Officer C/O VIVID SEATS INC., 111 N. CANAL STREET, SUITE 800, CHICAGO IL 60606
Jonathan Miles Wagner officer: Chief Technology Officer C/O VIVID SEATS INC., 111 N. CANAL STREET, SUITE 800, CHICAGO IL 60606
Riva Bakal officer: SVP, Strategy & Product C/O VIVID SEATS INC., 111 N. CANAL STREET, SUITE 800, CHICAGO IL 60606
Hoya Topco, Llc 10 percent owner C/O KIRKLAND & ELLIS LLP, 555 CALIFORNIA STREET, SUITE 2700, SAN FRANCISCO CA 94104
Emily T Epstein officer: General Counsel 101 MERRITT 7, NORWALK CT 06851
Craig A. Dixon director C/O VIVID SEATS INC., 111 N. CANAL STREET, SUITE 800, CHICAGO IL 60606
David E. Morris officer: General Counsel C/O VIVID SEATS INC., 111 N. CANAL STREET, SUITE 800, CHICAGO IL 60606
Sbt Investors Llc 10 percent owner 600 STEAMBOAT ROAD, SUITE 200, GREENWICH CT 06830
Todd L Boehly director, 10 percent owner 600 STEAMBOAT ROAD, GREENWICH CT 06830
Eldridge Industries, Llc 10 percent owner 600 STEAMBOAT ROAD, GREENWICH CT 06830
Horizon Sponsor, Llc 10 percent owner 600 STEAMBOAT ROAD, SUITE 200, GREENWICH CT 06830
Jane E. Deflorio director 3000 N.W. 107TH AVENUE, MIAMI FL 33172
Post Portfolio Trust, Llc 10 percent owner 600 STEAMBOAT ROAD, SUITE 200, GREENWICH CT 06830
Security Benefit Life Insurance Co /ks/ 10 percent owner ONE SECURITY BENEFIT PLACE, TOPEKA KS 66636-0001
Julie D. Masino director C/O VIVID SEATS INC., 111 N. CANAL STREET, SUITE 800, CHICAGO IL 60606