MADISON SQUARE GARDEN ENTERT (MSGE) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:MSGE - US5582561032 - Common Stock
53.7 USD
-0.31 (-0.57%)
53.7 USD
0 (0%)
Taking everything into account, MSGE scores 4 out of 10 in our fundamental rating. MSGE was compared to 80 industry peers in the Entertainment industry. While MSGE is still in line with the averages on profitability rating, there are concerns on its financial health. MSGE has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
MSGE had positive earnings in the past year.
In the past year MSGE had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: MSGE reported negative net income in multiple years.
Of the past 5 years MSGE 4 years had a positive operating cash flow.
1.2 Ratios
MSGE's Return On Assets of 2.09% is fine compared to the rest of the industry. MSGE outperforms 73.75% of its industry peers.
With an excellent Return On Invested Capital value of 9.64%, MSGE belongs to the best of the industry, outperforming 86.25% of the companies in the same industry.
MSGE had an Average Return On Invested Capital over the past 3 years of 9.68%. This is in line with the industry average of 8.70%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.09% | ||
| ROE | N/A | ||
| ROIC | 9.64% |
ROA(3y)5.67%
ROA(5y)-0.92%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)9.68%
ROIC(5y)N/A
1.3 Margins
MSGE has a better Profit Margin (3.65%) than 68.75% of its industry peers.
In the last couple of years the Profit Margin of MSGE has declined.
The Operating Margin of MSGE (14.35%) is better than 85.00% of its industry peers.
MSGE has a Gross Margin of 43.85%. This is comparable to the rest of the industry: MSGE outperforms 50.00% of its industry peers.
MSGE's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 14.35% | ||
| PM (TTM) | 3.65% | ||
| GM | 43.85% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5Y-32.98%
GM growth 3Y4.85%
GM growth 5Y3.53%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), MSGE is destroying value.
MSGE has less shares outstanding than it did 1 year ago.
The number of shares outstanding for MSGE has been increased compared to 5 years ago.
MSGE has a better debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 1.63, we must say that MSGE is in the distress zone and has some risk of bankruptcy.
MSGE has a Altman-Z score of 1.63. This is comparable to the rest of the industry: MSGE outperforms 56.25% of its industry peers.
MSGE has a debt to FCF ratio of 4.37. This is a neutral value as MSGE would need 4.37 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 4.37, MSGE is in the better half of the industry, outperforming 76.25% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 4.37 | ||
| Altman-Z | 1.63 |
ROIC/WACC0.94
WACC10.23%
2.3 Liquidity
MSGE has a Current Ratio of 0.48. This is a bad value and indicates that MSGE is not financially healthy enough and could expect problems in meeting its short term obligations.
The Current ratio of MSGE (0.48) is worse than 80.00% of its industry peers.
MSGE has a Quick Ratio of 0.48. This is a bad value and indicates that MSGE is not financially healthy enough and could expect problems in meeting its short term obligations.
The Quick ratio of MSGE (0.47) is worse than 80.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.48 | ||
| Quick Ratio | 0.47 |
3. Growth
3.1 Past
The earnings per share for MSGE have decreased strongly by -66.67% in the last year.
MSGE shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -25.26% yearly.
The Revenue has been growing slightly by 0.68% in the past year.
MSGE shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 10.03% yearly.
EPS 1Y (TTM)-66.67%
EPS 3YN/A
EPS 5Y-25.26%
EPS Q2Q%57.5%
Revenue 1Y (TTM)0.68%
Revenue growth 3Y12.99%
Revenue growth 5Y10.03%
Sales Q2Q%14.09%
3.2 Future
Based on estimates for the next years, MSGE will show a very strong growth in Earnings Per Share. The EPS will grow by 38.61% on average per year.
The Revenue is expected to grow by 6.05% on average over the next years.
EPS Next Y117.39%
EPS Next 2Y53.94%
EPS Next 3Y38.61%
EPS Next 5YN/A
Revenue Next Year7.51%
Revenue Next 2Y6.46%
Revenue Next 3Y6.05%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
MSGE is valuated quite expensively with a Price/Earnings ratio of 44.02.
Compared to the rest of the industry, the Price/Earnings ratio of MSGE indicates a somewhat cheap valuation: MSGE is cheaper than 72.50% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of MSGE to the average of the S&P500 Index (26.84), we can say MSGE is valued expensively.
Based on the Price/Forward Earnings ratio of 22.89, the valuation of MSGE can be described as rather expensive.
MSGE's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. MSGE is cheaper than 78.75% of the companies in the same industry.
MSGE's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 23.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 44.02 | ||
| Fwd PE | 22.89 |
4.2 Price Multiples
MSGE's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. MSGE is cheaper than 65.00% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of MSGE indicates a rather cheap valuation: MSGE is cheaper than 87.50% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 18.09 | ||
| EV/EBITDA | 15.97 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
MSGE's earnings are expected to grow with 38.61% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.37
PEG (5Y)N/A
EPS Next 2Y53.94%
EPS Next 3Y38.61%
5. Dividend
5.1 Amount
No dividends for MSGE!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
53.7
-0.31 (-0.57%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryEntertainment
Earnings (Last)
Earnings (Next)
Inst Owners100.76%
Inst Owner Change-20.66%
Ins Owners3.36%
Ins Owner Change0.98%
Market Cap2.54B
Revenue(TTM)962.28M
Net Income(TTM)35.10M
Analysts82.86
Price Target58.43 (8.81%)
Short Float %3.65%
Short Ratio4.17
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)13.37%
Min EPS beat(2)-41.81%
Max EPS beat(2)68.55%
EPS beat(4)2
Avg EPS beat(4)7.81%
Min EPS beat(4)-41.81%
Max EPS beat(4)68.55%
EPS beat(8)5
Avg EPS beat(8)53.06%
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-0.9%
Min Revenue beat(2)-1.05%
Max Revenue beat(2)-0.74%
Revenue beat(4)1
Avg Revenue beat(4)0.12%
Min Revenue beat(4)-1.05%
Max Revenue beat(4)2.85%
Revenue beat(8)3
Avg Revenue beat(8)0.79%
Revenue beat(12)4
Avg Revenue beat(12)-6.55%
Revenue beat(16)5
Avg Revenue beat(16)-12.28%
PT rev (1m)7.58%
PT rev (3m)27.77%
EPS NQ rev (1m)-8.7%
EPS NQ rev (3m)9.21%
EPS NY rev (1m)17.01%
EPS NY rev (3m)19.43%
Revenue NQ rev (1m)-0.13%
Revenue NQ rev (3m)2.6%
Revenue NY rev (1m)0.78%
Revenue NY rev (3m)0.98%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 44.02 | ||
| Fwd PE | 22.89 | ||
| P/S | 2.64 | ||
| P/FCF | 18.09 | ||
| P/OCF | 15.61 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 15.97 |
EPS(TTM)1.22
EY2.27%
EPS(NY)2.35
Fwd EY4.37%
FCF(TTM)2.97
FCFY5.53%
OCF(TTM)3.44
OCFY6.41%
SpS20.37
BVpS-1.39
TBVpS-4.21
PEG (NY)0.37
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.09% | ||
| ROE | N/A | ||
| ROCE | 12.2% | ||
| ROIC | 9.64% | ||
| ROICexc | 9.9% | ||
| ROICexgc | 11.25% | ||
| OM | 14.35% | ||
| PM (TTM) | 3.65% | ||
| GM | 43.85% | ||
| FCFM | 14.57% |
ROA(3y)5.67%
ROA(5y)-0.92%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)9.68%
ROIC(5y)N/A
ROICexc(3y)10.24%
ROICexc(5y)N/A
ROICexgc(3y)11.92%
ROICexgc(5y)N/A
ROCE(3y)12.26%
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5Y-32.98%
GM growth 3Y4.85%
GM growth 5Y3.53%
F-Score6
Asset Turnover0.57
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 4.37 | ||
| Debt/EBITDA | 2.97 | ||
| Cap/Depr | 38.36% | ||
| Cap/Sales | 2.31% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 82.82% | ||
| Profit Quality | 399.44% | ||
| Current Ratio | 0.48 | ||
| Quick Ratio | 0.47 | ||
| Altman-Z | 1.63 |
F-Score6
WACC10.23%
ROIC/WACC0.94
Cap/Depr(3y)36.16%
Cap/Depr(5y)29.12%
Cap/Sales(3y)2.22%
Cap/Sales(5y)4.33%
Profit Quality(3y)155.44%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-66.67%
EPS 3YN/A
EPS 5Y-25.26%
EPS Q2Q%57.5%
EPS Next Y117.39%
EPS Next 2Y53.94%
EPS Next 3Y38.61%
EPS Next 5YN/A
Revenue 1Y (TTM)0.68%
Revenue growth 3Y12.99%
Revenue growth 5Y10.03%
Sales Q2Q%14.09%
Revenue Next Year7.51%
Revenue Next 2Y6.46%
Revenue Next 3Y6.05%
Revenue Next 5YN/A
EBIT growth 1Y3.88%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year71.08%
EBIT Next 3Y25.66%
EBIT Next 5YN/A
FCF growth 1Y-70.16%
FCF growth 3Y5.35%
FCF growth 5Y117.78%
OCF growth 1Y-25.57%
OCF growth 3Y6.52%
OCF growth 5Y29.63%
MADISON SQUARE GARDEN ENTERT / MSGE FAQ
What is the fundamental rating for MSGE stock?
ChartMill assigns a fundamental rating of 4 / 10 to MSGE.
What is the valuation status of MADISON SQUARE GARDEN ENTERT (MSGE) stock?
ChartMill assigns a valuation rating of 5 / 10 to MADISON SQUARE GARDEN ENTERT (MSGE). This can be considered as Fairly Valued.
Can you provide the profitability details for MADISON SQUARE GARDEN ENTERT?
MADISON SQUARE GARDEN ENTERT (MSGE) has a profitability rating of 5 / 10.
What are the PE and PB ratios of MADISON SQUARE GARDEN ENTERT (MSGE) stock?
The Price/Earnings (PE) ratio for MADISON SQUARE GARDEN ENTERT (MSGE) is 44.02 and the Price/Book (PB) ratio is -38.55.
What is the earnings growth outlook for MADISON SQUARE GARDEN ENTERT?
The Earnings per Share (EPS) of MADISON SQUARE GARDEN ENTERT (MSGE) is expected to grow by 117.39% in the next year.