Wanda Sports Group

0.14 (4.14%)

NASDAQ:WSG | Last traded on 11-15-2019 4:00 PM

Market Reaction

Offer Price

$7.33

Today Open Price

$3.36

Change Since IPO

Market Cap

$459.4M

Day High

$3.45

Day Low

$3.21

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Featured Analysis

"Really interesting. A company that has been in business a long time and has decent revenue growth with, well, profits. Yet, it trades at a low sales multiple and hence a reasonable value. The market is clearly almost always rewarding mostly sales growth." - Brian Hamilton, Founder, Sageworks & HamiltonIPO.com

Company Data

Location

Bejing, China

Valuation

$244.3M

-

Founded

1980

Total Shares Offered

33,333,334

-

Employees

1624

IPO Date

2019-07-26

Background Information

Wanda Sports Group is a global sports events, media and marketing platform with significant intellectual property rights, long-term relationships and broad execution capabilities. They own, or otherwise have contractual rights to, an extensive portfolio of global, regional and national sports properties from which they seek to generate revenue across the value chain, including events operation, media production and media distribution, sponsorship and marketing, digital solutions and ancillary services.

Financial Analysis

Years 2016 2017 2018
Revenue growth -- 9% 18%
Net profit margin -3.3%8%4.7%
Valuation -- -- $1.55B
Revenue multiple -- -- 1.4x
Profit multiple ----29x

Financial Information

Income Statement (€M) 20162017 2018
Revenue8779551,129
Cost of goods sold600624764
Gross profit277331365
Pretax profit(9)9773
Net income(29)7954
Balance Sheet (€M) 20162017 2018
Total current assets654619
Cash and cash equivalents230177
Total assets1,8221,883
Total current liabilities1,0951,173
Total liabilities1,8821,892
Total shareholder equity599
Total liabilities and shareholder equity1,8221,883
Cash Flow Statement (€M) 201620172018
Net cash from operating activities44 14667
Net cash from investing activities(350) (104)(57)
Net cash from financing activities332 77(65)
Net increase in cash and cash equivalents26 119(56)