MADISON SQUARE GARDEN ENTERT (MSGE) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:MSGE - US5582561032 - Common Stock
54.34 USD
+0.45 (+0.84%)
54.34 USD
0 (0%)
MSGE gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 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 is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
MSGE had positive earnings in the past year.
MSGE had a positive operating cash flow in the past year.
In multiple years MSGE reported negative net income over the last 5 years.
MSGE had a positive operating cash flow in 4 of the past 5 years.
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 75.00% of the companies in the same industry.
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
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.
MSGE has a Operating Margin of 14.35%. This is amongst the best in the industry. MSGE outperforms 85.00% of its industry peers.
With a Gross Margin value of 43.85%, MSGE perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so MSGE is destroying value.
The number of shares outstanding for MSGE has been reduced compared to 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
MSGE has an Altman-Z score of 1.63. This is a bad value and indicates that MSGE is not financially healthy and even has some risk of bankruptcy.
The Altman-Z score of MSGE (1.63) is comparable to the rest of the 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.
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
WACC10.29%
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.
A Quick Ratio of 0.47 indicates that MSGE may have some problems paying its short term obligations.
MSGE has a Quick ratio of 0.47. This is amonst the worse of the industry: MSGE underperforms 80.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.48 | ||
| Quick Ratio | 0.47 |
3. Growth
3.1 Past
MSGE shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -66.67%.
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 0.68%.
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
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
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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
A Price/Earnings ratio of 44.54 indicates a quite expensive valuation of MSGE.
Based on the Price/Earnings ratio, MSGE is valued a bit cheaper than the industry average as 73.75% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of MSGE to the average of the S&P500 Index (26.60), we can say MSGE is valued expensively.
The Price/Forward Earnings ratio is 23.16, which indicates a rather expensive current valuation of MSGE.
Compared to the rest of the industry, the Price/Forward Earnings ratio of MSGE indicates a somewhat cheap valuation: MSGE is cheaper than 78.75% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.23, MSGE is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 44.54 | ||
| Fwd PE | 23.16 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of MSGE indicates a somewhat cheap valuation: MSGE is cheaper than 65.00% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, MSGE is valued cheaply inside the industry as 87.50% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 18.31 | ||
| EV/EBITDA | 15.94 |
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)0.38
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% |
54.34
+0.45 (+0.84%)
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 Cap2.57B
Revenue(TTM)962.28M
Net Income(TTM)35.10M
Analysts82.86
Price Target58.43 (7.53%)
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)-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 | 44.54 | ||
| Fwd PE | 23.16 | ||
| P/S | 2.67 | ||
| P/FCF | 18.31 | ||
| P/OCF | 15.8 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 15.94 |
EPS(TTM)1.22
EY2.25%
EPS(NY)2.35
Fwd EY4.32%
FCF(TTM)2.97
FCFY5.46%
OCF(TTM)3.44
OCFY6.33%
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 | 1.63 |
F-Score6
WACC10.29%
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 44.54 and the Price/Book (PB) ratio is -39.01.
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.