XPAR
BLV
Market cap1.74bUSD
May 22, Last price
15.30EUR
1D
0.00%
1Q
2.96%
IPO
-11.56%
Name
Believe SA
Chart & Performance
P/E
—
P/S
1.56
EPS
—
Div Yield, %
—
Shrs. gr., 5y
0.65%
Rev. gr., 5y
20.17%
Revenues
989m
+12.33%
Net income
-3m
L-44.29%
CFO
22m
+72.57%
Earnings
Jul 31, 2025
Profile
Believe S.A. provides music distribution and marketing services for artists and labels worldwide. The company's physical and digital distribution services include a range of digital music services and video streaming, as well as a network of physical distribution partners. It also provides trade marketing, video, sync, and additional services; and technology and analytics for clients to manage and promote their catalog. Believe S.A. was incorporated in 2005 and is headquartered in Paris, France.
Valuation
Title EUR in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY |
|---|---|---|---|---|---|---|---|---|
| 2024‑12 | 2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | |
| Income | ||||||||
Revenues | 988,827 12.33% | 880,312 15.71% | 760,805 31.82% | |||||
Cost of revenue | 981,651 | 899,791 | 779,416 | |||||
Unusual Expense (Income) | ||||||||
NOPBT | 7,176 | (19,479) | (18,611) | |||||
NOPBT Margin | 0.73% | |||||||
Operating Taxes | 4,584 | (4,865) | 11,089 | |||||
Tax Rate | 63.88% | |||||||
NOPAT | 2,592 | (14,614) | (29,700) | |||||
Net income | (3,054) -44.29% | (5,482) -78.05% | (24,970) -12.80% | |||||
Dividends | ||||||||
Dividend yield | ||||||||
Proceeds from repurchase of equity | 1,620 | 3,744 | ||||||
BB yield | -0.16% | -0.40% | ||||||
| Debt | ||||||||
Debt current | 10,694 | 10,348 | 12,434 | |||||
Long-term debt | 68,144 | 51,660 | 49,267 | |||||
Deferred revenue | 1,000 | 492 | ||||||
Other long-term liabilities | 25,604 | 16,884 | 19,824 | |||||
Net debt | (138,089) | (203,570) | (298,845) | |||||
| Cash flow | ||||||||
Cash from operating activities | 21,932 | 12,709 | 73,655 | |||||
CAPEX | (3,509) | (49,217) | (25,450) | |||||
Cash from investing activities | (70,978) | (86,890) | (38,288) | |||||
Cash from financing activities | (36,190) | (5,039) | (2,605) | |||||
FCF | 69,467 | 70,177 | (25,573) | |||||
| Balance | ||||||||
Cash | 143,826 | 215,575 | 304,292 | |||||
Long term investments | 73,101 | 50,003 | 56,254 | |||||
Excess cash | 167,486 | 221,562 | 322,506 | |||||
Stockholders' equity | (120,131) | (90,013) | (82,495) | |||||
Invested Capital | 546,248 | 517,962 | 489,487 | |||||
ROIC | 0.49% | |||||||
ROCE | 1.68% | |||||||
| EV | ||||||||
Common stock shares outstanding | 99,032 | 96,819 | 96,092 | |||||
Price | 14.40 37.14% | 10.50 8.30% | 9.70 -42.63% | |||||
Market cap | 1,426,067 40.28% | 1,016,599 9.12% | 931,613 -42.60% | |||||
EV | 1,289,191 | 821,471 | 641,719 | |||||
EBITDA | 57,802 | 41,822 | 26,246 | |||||
EV/EBITDA | 22.30 | 19.64 | 24.45 | |||||
Interest | 2,168 | 1,985 | 1,136 | |||||
Interest/NOPBT | 30.21% | |||||||