Table : Sector view listed soccer shares (top 5 countries)Updated : March 2, 2018   
in million €AS RomaBorussia DortmundJuventusManchester UnitedOlympique LyonS.S. Lazio
notes1 2
share price [euro;]0.53607.80001.220017.83493.00001.1800
shares [million]628.992.01007.8164.745.967.7
market capitalisation 3377181229293713880
+/+ net debt 3227031029517346
Enterprise Value (EV)56471815393232311126
notes
1 Manchester United : share price converted from USD to Euro / Net Debt from GBP to EUR
2 Manchester United : current exchange rates : GBP/EUR = 1.1615 USD/EUR = 0.8790
3 As of June 30, 2018


Table : Enterprise Value in chart view
in million €12 3
AS Roma337227564
Borussia Dortmund7180718
Juventus12293101539
Manchester United29372953232
Olympique Lyon138173311
S.S. Lazio8046126
1 Market cap + 2 Net debt = 3 Enterprise Value (EV)


Table : Enterprise Value versus Forbes/KPMG valuations
in million €AS RomaBorussia DortmundJuventusManchester UnitedOlympique LyonS.S. Lazio
Enterprise Value (EV)56471815393232311126
EV Forbes154379212943624n.a.n.a.
EV KPMG2455106013023255429241
--> EV target Forbes-KPMG49992612983440429241
EV / Forbes-KPMG [%]113%77%119%94%73%52%
1 Forbes Business of Soccer 2018 (valuation converted from USD to EUR) : URL
2 KPMG report The European Elite 2018 [PDF] URL


Table : Valuation Table on basis of Forbes/KPMG valuations
in million €AS RomaBorussia DortmundJuventusManchester UnitedOlympique LyonS.S. Lazio
share price [€]0.53607.80001.220017.83493.00001.1800
shares [million]628.992.01007.8164.745.967.7
market capitalisation 3377181229293713880
+/+ net debt227031029517346
Enterprise Value (EV)56471815393232311126
criterium : Enterprise Value valuation by Forbes-KPMG
--> EV target49992612983440429241
-/- net debt227031029517346
--> fair market cap2729269883145256195
--> fair share price [€]0.4310.070.9819.105.562.87
--> upside/downside [%]-19%29%-20%7%85%144%


Table : Enterprise Value versus Squad Value 1
in million €AS RomaBorussia DortmundJuventusManchester UnitedOlympique LyonS.S. Lazio
Enterprise Value (EV)56471815393232311126
Squad Value1 425557782759390303
EV / Squad Value [%]133%129%197%426%80%42%
1 Squad Value Transfermarkt.de - March 2, 2019