MADISON SQUARE GARDEN ENTERT (MSGE) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:MSGE - US5582561032 - Common Stock
55.01 USD
+0.1 (+0.18%)
55.01 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 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.
In multiple years MSGE reported negative net income over the last 5 years.
Of the past 5 years MSGE 4 years had a positive operating cash flow.
1.2 Ratios
The Return On Assets of MSGE (2.09%) is better than 75.00% of its industry peers.
MSGE has a better Return On Invested Capital (9.64%) than 86.25% of its industry peers.
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
Looking at the Profit Margin, with a value of 3.65%, MSGE is in the better half of the industry, outperforming 68.75% of the companies in the same industry.
MSGE's Profit Margin has declined in the last couple of years.
MSGE's Operating Margin of 14.35% is amongst the best of the industry. MSGE outperforms 85.00% of its industry peers.
MSGE has a Gross Margin (43.85%) which is in line with 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
MSGE has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, MSGE has less shares outstanding
The number of shares outstanding for MSGE has been increased compared to 5 years ago.
The debt/assets ratio for MSGE has been reduced compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 1.64, we must say that MSGE is in the distress zone and has some risk of bankruptcy.
With a Altman-Z score value of 1.64, MSGE perfoms like the industry average, outperforming 56.25% of the companies in the same industry.
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.
MSGE has a Debt to FCF ratio of 4.37. This is in the better half of the industry: MSGE outperforms 76.25% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 4.37 | ||
| Altman-Z | 1.64 |
ROIC/WACC0.94
WACC10.2%
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.
Looking at the Current ratio, with a value of 0.48, MSGE is doing worse than 80.00% of the companies in the same industry.
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.
With a Quick ratio value of 0.47, MSGE is not doing good in the industry: 80.00% of the companies in the same industry are doing better.
| 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.
The earnings per share for MSGE have been decreasing by -25.26% on average. This is quite bad
MSGE shows a small growth in Revenue. In the last year, the Revenue has grown by 0.68%.
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
MSGE is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 38.61% yearly.
Based on estimates for the next years, MSGE will show a small growth in Revenue. The Revenue will grow by 6.05% on average per year.
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 45.09.
Based on the Price/Earnings ratio, MSGE is valued a bit cheaper than 73.75% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.19, MSGE is valued quite expensively.
Based on the Price/Forward Earnings ratio of 23.45, 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 77.50% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 23.88. MSGE is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 45.09 | ||
| Fwd PE | 23.45 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, MSGE is valued a bit cheaper than 65.00% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, MSGE is valued cheaply inside the industry as 85.00% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 18.53 | ||
| EV/EBITDA | 16.21 |
4.3 Compensation for Growth
MSGE's 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)0.38
PEG (5Y)N/A
EPS Next 2Y53.94%
EPS Next 3Y38.61%
5. Dividend
5.1 Amount
MSGE does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
55.01
+0.1 (+0.18%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryEntertainment
Earnings (Last)
Earnings (Next)
Inst Owners100.74%
Inst Owner Change0%
Ins Owners3.36%
Ins Owner Change0.98%
Market Cap2.60B
Revenue(TTM)962.28M
Net Income(TTM)35.10M
Analysts80
Price Target58.43 (6.22%)
Short Float %3.83%
Short Ratio4.69
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)-7.18%
EPS NQ rev (3m)7.14%
EPS NY rev (1m)0%
EPS NY rev (3m)19.43%
Revenue NQ rev (1m)0.02%
Revenue NQ rev (3m)2.53%
Revenue NY rev (1m)0.1%
Revenue NY rev (3m)0.88%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 45.09 | ||
| Fwd PE | 23.45 | ||
| P/S | 2.7 | ||
| P/FCF | 18.53 | ||
| P/OCF | 15.99 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 16.21 |
EPS(TTM)1.22
EY2.22%
EPS(NY)2.35
Fwd EY4.26%
FCF(TTM)2.97
FCFY5.4%
OCF(TTM)3.44
OCFY6.25%
SpS20.37
BVpS-1.39
TBVpS-4.21
PEG (NY)0.38
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 | 1.64 |
F-Score6
WACC10.2%
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.
Can you provide the valuation status for MADISON SQUARE GARDEN ENTERT?
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.
Can you provide the PE and PB ratios for MSGE stock?
The Price/Earnings (PE) ratio for MADISON SQUARE GARDEN ENTERT (MSGE) is 45.09 and the Price/Book (PB) ratio is -39.49.
What is the expected EPS growth for MADISON SQUARE GARDEN ENTERT (MSGE) stock?
The Earnings per Share (EPS) of MADISON SQUARE GARDEN ENTERT (MSGE) is expected to grow by 117.39% in the next year.