MADISON SQUARE GARDEN ENTERT (MSGE) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:MSGE - US5582561032 - Common Stock
59.35 USD
+2.21 (+3.87%)
59.35 USD
0 (0%)
Overall MSGE gets a fundamental rating of 4 out of 10. We evaluated MSGE 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 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
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 Return On Invested Capital of 9.64%. This is amongst the best in the industry. MSGE outperforms 86.25% of its industry peers.
The Average Return On Invested Capital over the past 3 years for MSGE 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 better Operating Margin (14.35%) than 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.
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) below the Cost of Capital (WACC), MSGE is destroying 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 1.68, we must say that MSGE is in the distress zone and has some risk of bankruptcy.
MSGE has a Altman-Z score (1.68) which is comparable to the rest of the 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 76.25% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 4.37 | ||
| Altman-Z | 1.68 |
ROIC/WACC0.96
WACC10.09%
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's Current ratio of 0.48 is on the low side compared to the rest of the industry. MSGE is outperformed by 80.00% of its industry peers.
A Quick Ratio of 0.47 indicates that MSGE may have some problems paying 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.
Measured over the past years, MSGE shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -25.26% on average per year.
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.
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
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
With a Price/Earnings ratio of 48.65, MSGE can be considered very expensive at the moment.
73.75% of the companies in the same industry are more expensive than MSGE, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 27.30, MSGE is valued quite expensively.
The Price/Forward Earnings ratio is 25.30, which means the current valuation is very expensive for MSGE.
Based on the Price/Forward Earnings ratio, MSGE is valued a bit cheaper than the industry average as 77.50% of the companies are valued more expensively.
The average S&P500 Price/Forward Earnings ratio is at 24.04. MSGE is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 48.65 | ||
| Fwd PE | 25.3 |
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 85.00% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 19.99 | ||
| EV/EBITDA | 16.73 |
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)0.41
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% |
59.35
+2.21 (+3.87%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryEntertainment
Earnings (Last)
Earnings (Next)
Inst Owners100.74%
Inst Owner Change-0.06%
Ins Owners3.36%
Ins Owner Change0.98%
Market Cap2.80B
Revenue(TTM)962.28M
Net Income(TTM)35.10M
Analysts80
Price Target58.43 (-1.55%)
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 | 48.65 | ||
| Fwd PE | 25.3 | ||
| P/S | 2.91 | ||
| P/FCF | 19.99 | ||
| P/OCF | 17.25 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 16.73 |
EPS(TTM)1.22
EY2.06%
EPS(NY)2.35
Fwd EY3.95%
FCF(TTM)2.97
FCFY5%
OCF(TTM)3.44
OCFY5.8%
SpS20.37
BVpS-1.39
TBVpS-4.21
PEG (NY)0.41
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 | 1.68 |
F-Score6
WACC10.09%
ROIC/WACC0.96
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 48.65 and the Price/Book (PB) ratio is -42.6.
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.