Right here’s what we all know.
- Swift’s Eras Tour is ready to gross about USD$2.2 billion this yr within the U.S. alone.
- She has dozens of worldwide dates for her Eras Tour booked.
- The Period Excursions film is predicted to gross over USD $100 million.
- Again in 2019, the publishing rights for her first six albums sold for between USD $300 million and $450 million.
- Swift then re-recorded all that music. In the end, she created extra in style music, and now possesses a listing that might be value considerably greater than the worth of her first six albums.
So, if we are saying that the “Taylor Swift Co.” is ready to herald about USD$3 billion in revenues in 2023, not counting streaming earnings. (We don’t know the way a lot she makes annually from streaming, but it surely must be a good quantity, contemplating what her previous albums bought for.)
Then it follows that utilizing a really conservative one-and-a-half instances the price-to-sales ratio, Swift’s market cap can be about USD$4.5 billion.
Now, that mentioned, her revenue margins are so much increased than, say, Algonquin or fellow backside TSX-dweller Gildan Activewear (GIL/TSX). That may imply we might most likely enhance that ratio a bit. It’s additionally value mentioning that the “Taylor Swift Co.” would don’t have any loans, and therefore, no sensitivity to increased rates of interest (one thing AQN investors might cherish in the intervening time).
EqVista.com recommends a price-to-sales for the films/leisure trade of three.68. At that a number of, Swift Co. is value over USD$11 billion. That not solely places Swift above Algonquin and Gildan, however it might put this hypothetical firm properly into the TSX60, and worth more than Hydro One.
Sure—“Taylor Swift Co.” might be value greater than the corporate that delivers electrical energy to virtually all of Ontario’s properties!
Whereas it could be powerful to justify that type of a number of given the truth that Swift can’t tour without end (might she?) and that her revenues will doubtless go down within the years to return, I’d say that if Swift have been an organization, I’d worth her lifetime earnings as greater than the sixtieth greatest firm in Canada, and consequently she can be a part of the TSX60 index.
Travis Kelce jerseys noticed an almost 400% spike in gross sales after Taylor Swift attended his sport, TMZ studies. September 25, 2023
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