Using the industry peer median EV/EBITDA multiple (trailing + forward), Vivid Seats Inc. (SEAT) has a fair value of $23.02 based on 3 comparable companies in the Internet Content & Information industry.
USD in millions except Fair Price. Subject company highlighted.
| Mkt Cap ($M) | Trailing EV/EBITDA | Forward EV/EBITDA | |
|---|---|---|---|
| Vivid Seats Inc.SEAT | 97 | 1.6x | 1.8x |
| Saga Communications, Inc. | 74 | 26.1x | 9.6x |
| comScore, Inc. | 36 | 1.9x | 1.9x |
| BuzzFeed, Inc. | 24 | 37.3x | 21.4x |
| Industry Median | 26.1x | 9.6x | |
| (*) EBITDA | 9 | 8 | |
| = Enterprise Value | 238 | 77 | |
| (-) Net Debt | -82 | -82 | |
| Equity Value | 321 | 160 | |
| (/) Outstanding shares | 10 | 10 | |
| Fair Price | $31 | $15 | |
Using the industry peer median EV/Revenue multiple (trailing + forward), Vivid Seats Inc. (SEAT) has a fair value of $32.99 based on 6 comparable companies in the Internet Content & Information industry.
USD in millions except Fair Price. Subject company highlighted.
| Mkt Cap ($M) | Trailing EV/Revenue | Forward EV/Revenue | |
|---|---|---|---|
| Vivid Seats Inc.SEAT | 97 | 0.0x | 0.0x |
| Saga Communications, Inc. | 74 | 0.7x | 0.3x |
| Marchex, Inc. | 70 | 1.3x | 1.1x |
| IZEA Worldwide, Inc. | 62 | 0.4x | 0.3x |
| PodcastOne, Inc. | 58 | 1.1x | 1.3x |
| comScore, Inc. | 36 | 0.2x | 0.2x |
| BuzzFeed, Inc. | 24 | 0.5x | 0.3x |
| Industry Median | 0.6x | 0.3x | |
| (*) Revenue | 571 | 505 | |
| = Enterprise Value | 366 | 157 | |
| (-) Net Debt | -82 | -82 | |
| Equity Value | 448 | 240 | |
| (/) Outstanding shares | 10 | 10 | |
| Fair Price | $43 | $23 | |
Disclaimer: Sweet Value Lab provides estimated intrinsic values for informational purposes only. This is not financial advice. All models rely on assumptions that may not reflect future performance. Always do your own research before making investment decisions.