SEAT - NASDAQ

Vivid Seats Inc.

Vivid Seats Inc.

SEATยทNASDAQ

$8.72

-7.4%
Communication ServicesInternet Content & Information

Vivid Seats Inc. operates as an online secondary marketplace for tickets in the United States and Canada. The company operates in two segments, Marketplace and Resale. The Marketplace segment acts as an intermediary between event ticket buyers and sellers; processes ticket sales on its website and mobile applications through its distribution partners; and sells tickets for live sports, concerts, and theater shows, and other live events. This segment offers Skybox, a proprietary enterprise resource planning tool that helps ticket sellers manage ticket inventories, adjust pricing, and fulfill orders across multiple ticket resale marketplaces. The Resale segment acquires tickets to resell on secondary ticket marketplaces; and provides internal research and development support for Skybox and to deliver seller software and tools. The company was founded in 2001 and is headquartered in Chicago, Illinois.

StatementsValue Model

At a Glance

Live Snapshot
Market Cap$72.33M
EPS-59.2000
P/E Ratio-0.15
Earnings Date08/04/2026
Vivid Seats Inc.

Vivid Seats Inc. Fair Value Envelope

SEAT ยท NASDAQ

Our analysis suggests that SEAT has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $8.72, this represents a potential HIDDEN relative to our calculated worth for Vivid Seats Inc..

HIDDEN
Intrinsic Value
Current Price: $8.72

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

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Projection Settings

Forecast period and terminal assumptions

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DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value-$79.3M
+ Cash & Equivalents$102.7M
Firm Value$23.4M
- Debt$20.4M
Equity Value$3.0M
/ Shares Outstanding6,471,009B
DCF Value$0
OVERVALUED BY 95%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
-$45.8M
-$22.9M
-$11.4M
-$5.7M
-$2.9M
-$1.4M
-$715.6K
-$357.8K
-$178.9K
-$89.5K
Maintenance CapEx
-$216.4K
-$108.2K
-$54.1K
-$27.1K
-$13.5K
-$6.8K
-$3.4K
-$1.7K
-$845
-$423
Owner Earnings
-$46.0M
-$23.0M
-$11.5M
-$5.8M
-$2.9M
-$1.4M
-$719.0K
-$359.5K
-$179.7K
-$89.9K
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
-$42.6M
-$19.7M
-$9.1M
-$4.2M
-$2.0M
-$906.2K
-$419.5K
-$194.2K
-$89.9K
-$41.6K
Terminal Value represents 0.0% of Enterprise Value
Negative Owner Earnings
This company generates negative free cash flow. Consider adjusting maintenance CapEx percentage or check the financial data.

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