CTS Eventim AG & Co. KGaA (EVD) AI Stock Analysis

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CTS Eventim AG & Co. KGaA

(XETRA:EVD)

Select Model

Rating:73Outperform

Price Target:EUR 60.00▼(-3.23% Downside)

Action:upgraded

Date:08/21/26

The score is driven primarily by strong profitability and a conservatively financed balance sheet, offset by weaker and less consistent free cash flow. Technicals are mixed with a neutral momentum profile and the stock still below its 200-day average, while valuation is broadly reasonable with a moderate P/E and a supportive dividend yield.

Positive Factors

Strong revenue growth and scaleRevenue growth of this magnitude shows continued expansion in CTS Eventim’s ticketing and live entertainment platform. Greater scale can deepen relationships with venues, promoters and consumers, while supporting broader distribution, cross-segment benefits and sustained competitive positioning.

Negative Factors

Volatile and weak free cash flowFree cash flow has fallen sharply from 2024 levels and remains inconsistent despite strong operating cash flow. Weaker cash conversion can reduce internally funded investment capacity and make results more dependent on working-capital timing, spending requirements or event-related cash flows.

CTS Eventim AG & Co. KGaA (EVD) vs. iShares MSCI Germany ETF (EWG)

Market Cap: EUR 5.95B
Dividend Yield: 2.32%
Average Volume (3M): 304.42K
Price to Earnings (P/E): 19.4
Beta (1Y): 0.96
Revenue Growth: 13.70%
EPS Growth: 8.69%
Country: Germany
Employees: 5,280
Sector: General
Sector Strength: 55
Industry: Entertainment

CTS Eventim AG & Co. KGaA Business Overview & Revenue Model

Company Description

CTS Eventim AG & Co. KGaA, founded in Bremen, Germany, in 1989, stands as a prominent international player in the leisure and live events industry. With operations spanning numerous countries including Germany, Italy, the United States, Switzerland,...

How the Company Makes Money

CTS Eventim makes money mainly through two complementary businesses: 1) Ticketing segment (transaction- and service-driven revenue) - Ticket fees and service charges: The company earns revenue when tickets are sold through its channels (websites, app...

CTS Eventim AG & Co. KGaA Financial Statement Overview

Summary

Strong income statement (86) and balance sheet (88) with solid profitability and low leverage, but the cash flow score (62) is a meaningful drag due to volatile and currently low free cash flow versus prior years and weaker cash conversion.

Income Statement

86Very Positive

Balance Sheet

88Very Positive

Cash Flow

62Positive

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	3.30B	3.08B	2.81B	2.36B	1.93B	407.82M
Gross Profit	855.58M	784.85M	740.57M	603.16M	448.32M	80.71M
EBITDA	610.91M	568.73M	605.85M	450.50M	406.97M	201.18M
Net Income	307.95M	277.26M	318.87M	274.64M	203.75M	87.91M
Balance Sheet
Total Assets	4.17B	4.28B	4.07B	3.20B	2.61B	2.29B
Cash, Cash Equivalents and Short-Term Investments	1.36B	1.61B	1.75B	1.67B	1.26B	1.01B
Total Debt	291.50M	280.36M	121.30M	124.66M	121.29M	135.58M
Total Liabilities	2.96B	3.04B	2.88B	2.18B	1.77B	1.70B
Stockholders Equity	1.06B	1.08B	1.03B	896.81M	731.62M	529.95M
Cash Flow
Free Cash Flow	73.24M	131.50M	329.89M	459.13M	125.50M	467.70M
Operating Cash Flow	513.14M	367.70M	506.42M	630.12M	179.03M	502.74M
Investing Cash Flow	-223.25M	-265.52M	179.62M	-616.74M	-44.00M	-62.62M
Financing Cash Flow	-275.61M	-254.95M	-193.85M	-141.64M	-29.89M	-222.68M

CTS Eventim AG & Co. KGaA Technical Analysis

Technical Analysis SentimentPositive

Last Price62.00

Price Trends

50DMA58.88Positive

100DMA57.85Positive

200DMA58.35Positive

Market Momentum

MACD1.27Positive

RSI52.02Neutral

STOCH57.26Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For DE:EVD, the sentiment is Positive. The current price of 62.00 is below the 20-day moving average (MA) of 62.54, above the 50-day MA of 58.88, and above the 200-day MA of 58.35, indicating a neutral trend. The MACD of 1.27 indicates Positive momentum. The RSI at 52.02 is Neutral, neither overbought nor oversold. The STOCH value of 57.26 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for DE:EVD.

CTS Eventim AG & Co. KGaA Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

DE:EVD against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
DE:EVD	73Outperform	EUR 5.95B	19.39	28.84%	2.32%	13.70%	8.69%
DE:EDL	63Neutral	EUR 101.13M	7.64	22.05%	6.36%	8.89%	23.58%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
DE:RRTL	55Neutral	EUR 5.10B	54.86	22.93%	1.96%	-0.58%	178.29%
DE:BVB	50Neutral	EUR 342.17M	-15.62	-6.62%	1.93%	-12.46%	-434.13%
DE:PSM	45Neutral	EUR 739.64M	-8.95	-7.26%	0.00%	-8.23%	-7.87%

* General Sector Average

Performance Comparison

DE:EVD and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
DE:EVD	CTS Eventim AG & Co. KGaA	62.00	-16.67	-21.19%
DE:BVB	Borussia Dortmund GmbH & Co. KGaA	3.10	-0.17	-5.34%
DE:PSM	ProSiebenSat.1 Media SE	3.26	-1.61	-33.05%
DE:RRTL	RTL Group SA	32.95	3.36	11.37%
DE:WIG1	SPORTTOTAL AG	―	―	―
DE:EDL	Edel SE & Co. KGAA	4.72	0.65	16.00%

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Aug 21, 2026

CTS Eventim AG & Co. KGaA AI Stock Analysis