U.S. Entertainment Industry Analysis
UpdatedOct 30, 2023
DataAggregated Company Financials
Companies179
- 7D-0.9%
- 3M-10.7%
- 1Y8.0%
- YTD10.5%
The Entertainment is pretty flat in the last 7 days, but NetEase has stood out, gaining 6.9%. The past year has been better, since the industry has gained 8.0% in that time. As for the next few years, earnings are expected to grow by 27% per annum.
Industry Valuation and Performance
Has the U.S. Entertainment Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 31 Oct 2023 | US$731.5b | US$288.3b | US$1.8b | 20.9x | 403.7x | 2.5x |
| Thu, 28 Sep 2023 | US$715.2b | US$287.3b | US$1.2b | 19.5x | 575.4x | 2.5x |
| Sat, 26 Aug 2023 | US$734.5b | US$286.5b | US$860.1m | 20.6x | 854x | 2.6x |
| Mon, 24 Jul 2023 | US$783.2b | US$280.9b | -US$1,976,561,272.00 | 20.8x | -396.2x | 2.8x |
| Wed, 21 Jun 2023 | US$770.7b | US$279.8b | -US$2,225,372,530.00 | 19.4x | -346.3x | 2.8x |
| Fri, 19 May 2023 | US$746.4b | US$280.6b | -US$2,680,605,253.00 | 20.9x | -278.4x | 2.7x |
| Sun, 16 Apr 2023 | US$757.6b | US$267.1b | -US$1,066,227,981.00 | 22.4x | -710.5x | 2.8x |
| Tue, 14 Mar 2023 | US$691.4b | US$266.6b | -US$1,694,269,565.00 | 27x | -408.1x | 2.6x |
| Thu, 09 Feb 2023 | US$761.1b | US$255.2b | -US$101,350,157.00 | 29.7x | -7509.9x | 3x |
| Sat, 07 Jan 2023 | US$669.9b | US$252.9b | US$998.6m | 28.1x | 670.8x | 2.6x |
| Mon, 05 Dec 2022 | US$677.1b | US$251.8b | US$1.1b | 28.5x | 622.2x | 2.7x |
| Wed, 02 Nov 2022 | US$653.7b | US$237.1b | US$5.2b | 24.4x | 126.6x | 2.8x |
| Fri, 30 Sep 2022 | US$618.3b | US$236.5b | US$5.4b | 20.8x | 114.4x | 2.6x |
| Sun, 28 Aug 2022 | US$694.3b | US$237.9b | US$5.4b | 22.2x | 129.7x | 2.9x |
| Tue, 26 Jul 2022 | US$668.2b | US$214.7b | US$9.6b | 24.6x | 69.5x | 3.1x |
| Thu, 23 Jun 2022 | US$624.9b | US$217.9b | US$9.4b | 23.9x | 66.8x | 2.9x |
| Sat, 21 May 2022 | US$656.9b | US$217.3b | US$9.4b | 28.6x | 69.7x | 3x |
| Mon, 18 Apr 2022 | US$837.4b | US$211.1b | US$9.9b | 24.8x | 84.7x | 4x |
| Wed, 16 Mar 2022 | US$751.9b | US$200.1b | US$9.2b | 23.2x | 81.9x | 3.8x |
| Fri, 11 Feb 2022 | US$935.9b | US$196.4b | US$8.8b | 35.2x | 106.5x | 4.8x |
| Sun, 09 Jan 2022 | US$1.0t | US$188.4b | US$7.6b | 31.9x | 134.9x | 5.4x |
| Tue, 07 Dec 2021 | US$1.1t | US$188.6b | US$7.5b | 31.9x | 147x | 5.8x |
| Thu, 04 Nov 2021 | US$1.3t | US$179.1b | US$6.2b | 35.1x | 203.7x | 7x |
| Sat, 02 Oct 2021 | US$1.2t | US$177.2b | US$5.3b | 28.8x | 225.2x | 6.7x |
| Mon, 30 Aug 2021 | US$1.2t | US$176.8b | US$6.1b | 28.6x | 195.1x | 6.7x |
| Tue, 06 Jul 2021 | US$1.2t | US$171.0b | US$386.0m | 35.5x | 3195.9x | 7.2x |
| Fri, 09 Apr 2021 | US$1.2t | US$162.7b | -US$904,689,084.50 | 46.8x | -1286x | 7.2x |
| Thu, 31 Dec 2020 | US$1.1t | US$162.0b | US$60.2m | 35.6x | 18438.6x | 6.9x |
Price to Earnings Ratio
1365.2x
Current Industry PE
- Investors are relatively neutral on the American Entertainment industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 403x.
- The 3-year average PS ratio of 4.5x is higher than the industry's current PS ratio of 2.5x.
Past Earnings Growth
- The earnings for companies in the Entertainment industry have grown 43% per year over the last three years.
- Revenues for these companies have grown 22% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the U.S. Telecom industry?
| US Market | -2.42% | |
| Telecom | -5.51% | |
| Entertainment | -0.90% | |
| Interactive Home Entertainment | -0.47% | |
| Movies and Entertainment | -1.12% | |
Industry PE
- Investors are most optimistic about the Interactive Home Entertainment industry even though it's trading below its 3-year average PE ratio of 220x.
- Analysts are expecting annual earnings growth of 17.7%, which is lower than the prior year's growth of 28.6% per year.
Forecasted Growth
- Analysts are most optimistic on the Movies and Entertainment industry, expecting annual earnings growth of 32% over the next 5 years.
- This is better than its past earnings decline of 7.9% per year.
- In contrast, the Interactive Home Entertainment industry is expected to see its earnings grow by 18% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| NTES NetEase | US$107.85 | 6.9% +US$4.4b | 93.9% | PE19.2x | |
| SPOT Spotify Technology | US$162.67 | 5.2% +US$1.6b | 101.9% | PS2.3x | |
| EDR Endeavor Group Holdings | US$22.73 | 28.6% +US$1.5b | 4.1% | PE36x | |
| NFLX Netflix | US$410.08 | 0.8% +US$1.4b | 40.5% | PE39.7x | |
| TME Tencent Music Entertainment Group | US$7.30 | 7.5% +US$854.4m | 102.2% | PE19.2x |
