MADISON SQUARE GARDEN ENTERT (MSGE) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:MSGE - US5582561032 - Common Stock
51.79 USD
+0.27 (+0.52%)
51.79 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. There are concerns on the financial health of MSGE while its profitability can be described as average. MSGE has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year MSGE was profitable.
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
Looking at the Return On Assets, with a value of 2.09%, MSGE is in the better half of the industry, outperforming 73.75% of the companies in the same industry.
The Return On Invested Capital of MSGE (9.64%) is better than 85.00% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for MSGE is in line with the industry average of 9.08%.
| 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's Profit Margin of 3.65% is fine compared to the rest of the industry. MSGE outperforms 68.75% of its industry peers.
MSGE's Profit Margin has declined in the last couple of years.
Looking at the Operating Margin, with a value of 14.35%, MSGE belongs to the top of the industry, outperforming 85.00% of the companies in the same industry.
With a Gross Margin value of 43.85%, MSGE perfoms like the industry average, outperforming 51.25% of the companies in the same industry.
In the last couple of years the Gross Margin of MSGE has grown nicely.
| 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) just above the Cost of Capital (WACC), MSGE is creating some value.
The number of shares outstanding for MSGE has been reduced compared to 1 year ago.
Compared to 5 years ago, MSGE has more shares outstanding
Compared to 1 year ago, MSGE has an improved debt to assets ratio.
2.2 Solvency
MSGE has an Altman-Z score of 1.59. This is a bad value and indicates that MSGE is not financially healthy and even has some risk of bankruptcy.
With a Altman-Z score value of 1.59, MSGE perfoms like the industry average, outperforming 56.25% of the companies in the same industry.
The Debt to FCF ratio of MSGE is 4.37, which is a neutral value as it means it would take MSGE, 4.37 years of fcf income to pay off all of its debts.
MSGE has a Debt to FCF ratio of 4.37. This is in the better half of the industry: MSGE outperforms 75.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 4.37 | ||
| Altman-Z | 1.59 |
ROIC/WACC1.2
WACC8.04%
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.
MSGE has a worse Current ratio (0.48) 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 78.75% 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.
Looking at the last year, MSGE shows a small growth in Revenue. The Revenue has grown by 0.68% in the last year.
Measured over the past years, MSGE shows a quite strong growth in Revenue. The Revenue has been growing by 10.03% on average per year.
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 40.29% on average per year.
The Revenue is expected to grow by 6.27% on average over the next years.
EPS Next Y117.39%
EPS Next 2Y57.09%
EPS Next 3Y40.29%
EPS Next 5YN/A
Revenue Next Year7.41%
Revenue Next 2Y6.37%
Revenue Next 3Y6.27%
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 42.45, which means the current valuation is very expensive for MSGE.
MSGE's Price/Earnings ratio is a bit cheaper when compared to the industry. MSGE is cheaper than 72.50% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 26.49. MSGE is valued rather expensively when compared to this.
With a Price/Forward Earnings ratio of 21.20, MSGE is valued on the expensive side.
81.25% of the companies in the same industry are more expensive than MSGE, based on the Price/Forward Earnings ratio.
MSGE's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 23.69.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 42.45 | ||
| Fwd PE | 21.2 |
4.2 Price Multiples
65.00% of the companies in the same industry are more expensive than MSGE, based on the Enterprise Value to EBITDA ratio.
MSGE's Price/Free Cash Flow ratio is rather cheap when compared to the industry. MSGE is cheaper than 88.75% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.45 | ||
| EV/EBITDA | 15.44 |
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.
A more expensive valuation may be justified as MSGE's earnings are expected to grow with 40.29% in the coming years.
PEG (NY)0.36
PEG (5Y)N/A
EPS Next 2Y57.09%
EPS Next 3Y40.29%
5. Dividend
5.1 Amount
MSGE does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
51.79
+0.27 (+0.52%)
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 Cap2.45B
Revenue(TTM)962.28M
Net Income(TTM)35.10M
Analysts82.86
Price Target54.32 (4.89%)
Short Float %3.22%
Short Ratio3.63
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
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)11.27%
PT rev (3m)18.77%
EPS NQ rev (1m)8.02%
EPS NQ rev (3m)11.18%
EPS NY rev (1m)17.01%
EPS NY rev (3m)15.55%
Revenue NQ rev (1m)0.27%
Revenue NQ rev (3m)2.67%
Revenue NY rev (1m)0.68%
Revenue NY rev (3m)0.88%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 42.45 | ||
| Fwd PE | 21.2 | ||
| P/S | 2.54 | ||
| P/FCF | 17.45 | ||
| P/OCF | 15.06 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 15.44 |
EPS(TTM)1.22
EY2.36%
EPS(NY)2.44
Fwd EY4.72%
FCF(TTM)2.97
FCFY5.73%
OCF(TTM)3.44
OCFY6.64%
SpS20.37
BVpS-1.39
TBVpS-4.21
PEG (NY)0.36
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 | 1.59 |
F-Score6
WACC8.04%
ROIC/WACC1.2
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 2Y57.09%
EPS Next 3Y40.29%
EPS Next 5YN/A
Revenue 1Y (TTM)0.68%
Revenue growth 3Y12.99%
Revenue growth 5Y10.03%
Sales Q2Q%14.09%
Revenue Next Year7.41%
Revenue Next 2Y6.37%
Revenue Next 3Y6.27%
Revenue Next 5YN/A
EBIT growth 1Y3.88%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year69.02%
EBIT Next 3Y24.93%
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 6 / 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 42.45 and the Price/Book (PB) ratio is -37.18.
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.