MADISON SQUARE GARDEN ENTERT (MSGE) Fundamental Analysis & Valuation
NYSE:MSGE • US5582561032
55.71 USD
-0.85 (-1.5%)
At close: Mar 13, 2026
55.71 USD
0 (0%)
After Hours: 3/13/2026, 8:04:00 PM
This MSGE fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
MSGE gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 80 industry peers in the Entertainment industry. While MSGE belongs to the best of the industry regarding profitability, there are concerns on its financial health. MSGE has a decent growth rate and is not valued too expensively.
1. MSGE Profitability Analysis
1.1 Basic Checks
- In the past year MSGE was profitable.
- MSGE had a positive operating cash flow in the past year.
- 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 has a Return On Assets of 2.85%. This is in the better half of the industry: MSGE outperforms 73.75% of its industry peers.
- Looking at the Return On Equity, with a value of 144.17%, MSGE belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
- MSGE has a Return On Invested Capital of 10.76%. This is amongst the best in the industry. MSGE outperforms 92.50% of its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for MSGE is above the industry average of 7.34%.
- The 3 year average ROIC (9.68%) for MSGE is below the current ROIC(10.76%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.85% | ||
| ROE | 144.17% | ||
| ROIC | 10.76% |
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 5.12%, MSGE is in the better half of the industry, outperforming 76.25% of the companies in the same industry.
- In the last couple of years the Profit Margin of MSGE has declined.
- MSGE has a Operating Margin of 16.17%. This is amongst the best in the industry. MSGE outperforms 90.00% of its industry peers.
- MSGE has a Gross Margin (45.22%) which is comparable to the rest of the industry.
- In the last couple of years the Gross Margin of MSGE has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 16.17% | ||
| PM (TTM) | 5.12% | ||
| GM | 45.22% |
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. MSGE Health Analysis
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), MSGE is creating some value.
- MSGE has less shares outstanding than it did 1 year ago.
- MSGE has more shares outstanding than it did 5 years ago.
- Compared to 1 year ago, MSGE has an improved debt to assets ratio.
2.2 Solvency
- Based on the Altman-Z score of 1.79, we must say that MSGE is in the distress zone and has some risk of bankruptcy.
- MSGE's Altman-Z score of 1.79 is fine compared to the rest of the industry. MSGE outperforms 63.75% of its industry peers.
- MSGE has a debt to FCF ratio of 3.04. This is a good value and a sign of high solvency as MSGE would need 3.04 years to pay back of all of its debts.
- Looking at the Debt to FCF ratio, with a value of 3.04, MSGE belongs to the top of the industry, outperforming 81.25% of the companies in the same industry.
- A Debt/Equity ratio of 15.40 is on the high side and indicates that MSGE has dependencies on debt financing.
- With a Debt to Equity ratio value of 15.40, MSGE is not doing good in the industry: 81.25% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 15.4 | ||
| Debt/FCF | 3.04 | ||
| Altman-Z | 1.79 |
ROIC/WACC1.08
WACC9.97%
2.3 Liquidity
- MSGE has a Current Ratio of 0.68. 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 Current ratio of 0.68. This is in the lower half of the industry: MSGE underperforms 71.25% of its industry peers.
- A Quick Ratio of 0.67 indicates that MSGE may have some problems paying its short term obligations.
- MSGE has a Quick ratio of 0.67. This is in the lower half of the industry: MSGE underperforms 70.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.68 | ||
| Quick Ratio | 0.67 |
3. MSGE Growth Analysis
3.1 Past
- MSGE shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -38.40%.
- MSGE shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -25.26% yearly.
- MSGE shows a small growth in Revenue. In the last year, the Revenue has grown by 5.65%.
- 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)-38.4%
EPS 3YN/A
EPS 5Y-25.26%
EPS Q2Q%25.64%
Revenue 1Y (TTM)5.65%
Revenue growth 3Y12.99%
Revenue growth 5Y10.03%
Sales Q2Q%12.89%
3.2 Future
- The Earnings Per Share is expected to grow by 34.60% on average over the next years. This is a very strong growth
- Based on estimates for the next years, MSGE will show a small growth in Revenue. The Revenue will grow by 6.37% on average per year.
EPS Next Y22.4%
EPS Next 2Y46.53%
EPS Next 3Y34.6%
EPS Next 5YN/A
Revenue Next Year8.55%
Revenue Next 2Y7.54%
Revenue Next 3Y6.61%
Revenue Next 5Y6.37%
3.3 Evolution
- The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
- The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. MSGE Valuation Analysis
4.1 Price/Earnings Ratio
- MSGE is valuated quite expensively with a Price/Earnings ratio of 34.39.
- 81.25% of the companies in the same industry are more expensive than MSGE, based on the Price/Earnings ratio.
- MSGE's Price/Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 25.70.
- The Price/Forward Earnings ratio is 26.21, which means the current valuation is very expensive for MSGE.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of MSGE indicates a somewhat cheap valuation: MSGE is cheaper than 77.50% of the companies listed in the same industry.
- When comparing the Price/Forward Earnings ratio of MSGE to the average of the S&P500 Index (23.84), we can say MSGE is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 34.39 | ||
| Fwd PE | 26.21 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, MSGE is valued a bit cheaper than 73.75% of the companies in the same industry.
- MSGE's Price/Free Cash Flow ratio is rather cheap when compared to the industry. MSGE is cheaper than 92.50% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.67 | ||
| EV/EBITDA | 13.98 |
4.3 Compensation for Growth
- MSGE's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
- MSGE has a very decent profitability rating, which may justify a higher PE ratio.
- A more expensive valuation may be justified as MSGE's earnings are expected to grow with 34.60% in the coming years.
PEG (NY)1.54
PEG (5Y)N/A
EPS Next 2Y46.53%
EPS Next 3Y34.6%
5. MSGE Dividend Analysis
5.1 Amount
- MSGE does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
MSGE Fundamentals: All Metrics, Ratios and Statistics
55.71
-0.85 (-1.5%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryEntertainment
Earnings (Last)02-03 2026-02-03/bmo
Earnings (Next)05-05 2026-05-05/bmo
Inst Owners99.12%
Inst Owner Change-2.17%
Ins Owners3.31%
Ins Owner Change0.87%
Market Cap2.63B
Revenue(TTM)1.01B
Net Income(TTM)51.92M
Analysts80
Price Target71.06 (27.55%)
Short Float %3.87%
Short Ratio4.44
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)25.45%
Min EPS beat(2)-17.65%
Max EPS beat(2)68.55%
EPS beat(4)2
Avg EPS beat(4)10.91%
Min EPS beat(4)-41.81%
Max EPS beat(4)68.55%
EPS beat(8)4
Avg EPS beat(8)46.93%
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)-0.53%
Min Revenue beat(2)-1.05%
Max Revenue beat(2)0%
Revenue beat(4)1
Avg Revenue beat(4)0.26%
Min Revenue beat(4)-1.05%
Max Revenue beat(4)2.85%
Revenue beat(8)2
Avg Revenue beat(8)0.48%
Revenue beat(12)4
Avg Revenue beat(12)-5.04%
Revenue beat(16)5
Avg Revenue beat(16)-11.9%
PT rev (1m)6.36%
PT rev (3m)30.83%
EPS NQ rev (1m)-62.5%
EPS NQ rev (3m)-66.23%
EPS NY rev (1m)-43.7%
EPS NY rev (3m)-43.7%
Revenue NQ rev (1m)-0.95%
Revenue NQ rev (3m)-0.77%
Revenue NY rev (1m)0.68%
Revenue NY rev (3m)1.07%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 34.39 | ||
| Fwd PE | 26.21 | ||
| P/S | 2.59 | ||
| P/FCF | 13.67 | ||
| P/OCF | 12.31 | ||
| P/B | 73.12 | ||
| P/tB | N/A | ||
| EV/EBITDA | 13.98 |
EPS(TTM)1.62
EY2.91%
EPS(NY)2.13
Fwd EY3.82%
FCF(TTM)4.08
FCFY7.32%
OCF(TTM)4.53
OCFY8.13%
SpS21.47
BVpS0.76
TBVpS-2.05
PEG (NY)1.54
PEG (5Y)N/A
Graham Number5.27
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.85% | ||
| ROE | 144.17% | ||
| ROCE | 13.62% | ||
| ROIC | 10.76% | ||
| ROICexc | 12.37% | ||
| ROICexgc | 14.17% | ||
| OM | 16.17% | ||
| PM (TTM) | 5.12% | ||
| GM | 45.22% | ||
| FCFM | 18.99% |
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-Score7
Asset Turnover0.56
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 15.4 | ||
| Debt/FCF | 3.04 | ||
| Debt/EBITDA | 2.5 | ||
| Cap/Depr | 36.83% | ||
| Cap/Sales | 2.1% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 96.42% | ||
| Profit Quality | 371.11% | ||
| Current Ratio | 0.68 | ||
| Quick Ratio | 0.67 | ||
| Altman-Z | 1.79 |
F-Score7
WACC9.97%
ROIC/WACC1.08
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)-38.4%
EPS 3YN/A
EPS 5Y-25.26%
EPS Q2Q%25.64%
EPS Next Y22.4%
EPS Next 2Y46.53%
EPS Next 3Y34.6%
EPS Next 5YN/A
Revenue 1Y (TTM)5.65%
Revenue growth 3Y12.99%
Revenue growth 5Y10.03%
Sales Q2Q%12.89%
Revenue Next Year8.55%
Revenue Next 2Y7.54%
Revenue Next 3Y6.61%
Revenue Next 5Y6.37%
EBIT growth 1Y22.81%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year54.73%
EBIT Next 3Y26.94%
EBIT Next 5YN/A
FCF growth 1Y24.78%
FCF growth 3Y5.35%
FCF growth 5Y117.78%
OCF growth 1Y24.68%
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 7 / 10.
Can you provide the PE and PB ratios for MSGE stock?
The Price/Earnings (PE) ratio for MADISON SQUARE GARDEN ENTERT (MSGE) is 34.39 and the Price/Book (PB) ratio is 73.12.
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 22.4% in the next year.