Is TKO overvalued?

Could you elaborate on your concerns regarding the valuation of TKO? Are you concerned about its current market capitalization compared to its fundamental value? Or perhaps you're questioning its potential for growth in the future? Additionally, have you considered the broader market trends and industry dynamics that may be impacting TKO's valuation? Understanding these factors is crucial in assessing whether or not TKO is overvalued. Could you provide more insight into your thoughts on this matter?