In short: UPGRADED HOLD → BUY — "Ticketing services and live entertainment management company." No argument beyond the one-liner; the sheet shows ER 12.06%, fwd PE 17.0 vs a 27.1 five-year average (37.3% under), and a price implying −3.4% growth against 7.7% expected (+11.1pp). YTD −26.9%.
CTS Eventim sells concert and event tickets across Europe and also promotes the events themselves — a ticketing platform plus a live-entertainment business, similar in shape to Live Nation in the US.
It moves from hold to buy this month with no written argument. The spreadsheet shows why: the shares are down about 27% this year, the price now implies the business will shrink slightly, while the letter expects it to grow almost 8% a year. That gap — cheap relative to both its own history and its expected growth — is the whole case.
In short: The earnings-growth screen's spotlight and its top-ranked name — the archive's first mention. "One of those few businesses that are least likely to be affected by AI. They sell tickets and run live events. People still want to attend concerts, festivals, and sports events. AI can't replace real-life experiences." Screen figures: EPS growth 13.9%, dividend yield 2.6%, fwd PE 17.0 against a 25.0 fair exit PE → expected return 21.2%, the highest of any name in the issue; and second on the reverse-DCF screen at −0.8% required growth against 13.9% expected (a 14.7pp gap). Not on the Buy list — a watchlist name put forward for those "looking for stable return with less AI exposure."
CTS Eventim sells tickets and runs live events — concerts, festivals, sport — mostly in Germany and across Europe. It appears here for one reason: in a market where every valuation is being adjusted for what artificial intelligence might destroy, this is a business whose product is people physically turning up somewhere. As the article puts it, AI cannot replace a real-life experience.
It tops the firm's earnings-growth screen with an expected return of 21.2% a year, built from about 14% profit growth, a 2.6% dividend, and a shares price of 17 times profits against a "fair" 25. It is second on the reverse-DCF screen too: at today's price the market is implying the company shrinks slightly, while the expectation is near-14% growth. It is not on the Buy list — it is a watchlist name flagged for investors who want a return that does not depend on the AI question resolving one way or the other.
Nothing matches this filter.
Verbatim excerpts from the public transcripts (auto-pulled at each mention's timestamp, lightly cleaned). Timestamps link into the video; "source page" opens that commentator's full analysis at this row. Click a mention's header line to expand it (one open at a time). For personal study — not investment advice.