MADISON SQUARE GARDEN ENTERT (MSGE) Fundamental Analysis & Valuation
NYSE:MSGE • US5582561032
57.7 USD
-0.51 (-0.88%)
At close: Mar 11, 2026
57 USD
-0.7 (-1.21%)
After Hours: 3/11/2026, 6:40:00 PM
This MSGE fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
Taking everything into account, MSGE scores 5 out of 10 in our fundamental rating. MSGE was compared to 80 industry peers in the Entertainment industry. While MSGE belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. MSGE has a correct valuation and a medium growth rate.
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.
- MSGE had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
- The Return On Assets of MSGE (2.85%) is better than 73.75% of its industry peers.
- MSGE has a Return On Equity of 144.17%. This is amongst the best in the industry. MSGE outperforms 100.00% of its industry peers.
- The Return On Invested Capital of MSGE (10.76%) is better than 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.
- Looking at the Operating Margin, with a value of 16.17%, MSGE belongs to the top of the industry, outperforming 90.00% of the companies in the same industry.
- The Gross Margin of MSGE (45.22%) 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.
- Compared to 1 year ago, MSGE has less shares outstanding
- MSGE has more shares outstanding than it did 5 years ago.
- MSGE has a better debt/assets ratio than last year.
2.2 Solvency
- MSGE has an Altman-Z score of 1.82. This is not the best score and indicates that MSGE is in the grey zone with still only limited risk for bankruptcy at the moment.
- MSGE has a better Altman-Z score (1.82) than 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.
- The Debt to FCF ratio of MSGE (3.04) is better than 81.25% of its industry peers.
- A Debt/Equity ratio of 15.40 is on the high side and indicates that MSGE has dependencies on debt financing.
- MSGE has a worse Debt to Equity ratio (15.40) than 81.25% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 15.4 | ||
| Debt/FCF | 3.04 | ||
| Altman-Z | 1.82 |
ROIC/WACC1.09
WACC9.9%
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.
- The Current ratio of MSGE (0.68) is worse than 71.25% of its industry peers.
- A Quick Ratio of 0.67 indicates that MSGE may have some problems paying its short term obligations.
- Looking at the Quick ratio, with a value of 0.67, MSGE is doing worse than 70.00% of the companies in the same industry.
| 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%.
- 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.
- Looking at the last year, MSGE shows a small growth in Revenue. The Revenue has grown by 5.65% 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)-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
- MSGE is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.37% yearly.
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.
- 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. MSGE Valuation Analysis
4.1 Price/Earnings Ratio
- Based on the Price/Earnings ratio of 35.62, the valuation of MSGE can be described as expensive.
- Based on the Price/Earnings ratio, MSGE is valued a bit cheaper than the industry average as 78.75% of the companies are valued more expensively.
- When comparing the Price/Earnings ratio of MSGE to the average of the S&P500 Index (26.15), we can say MSGE is valued slightly more expensively.
- With a Price/Forward Earnings ratio of 27.14, MSGE can be considered very expensive at the moment.
- 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.
- MSGE's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 24.27.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 35.62 | ||
| Fwd PE | 27.14 |
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 73.75% of the companies listed in the same industry.
- Based on the Price/Free Cash Flow ratio, MSGE is valued cheaper than 92.50% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.16 | ||
| EV/EBITDA | 14.33 |
4.3 Compensation for Growth
- MSGE's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
- The decent profitability rating of MSGE may justify a higher PE ratio.
- MSGE's earnings are expected to grow with 34.60% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.59
PEG (5Y)N/A
EPS Next 2Y46.53%
EPS Next 3Y34.6%
5. MSGE Dividend Analysis
5.1 Amount
- No dividends for MSGE!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
MSGE Fundamentals: All Metrics, Ratios and Statistics
57.7
-0.51 (-0.88%)
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 Cap2.73B
Revenue(TTM)1.01B
Net Income(TTM)51.92M
Analysts80
Price Target71.06 (23.15%)
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 | 35.62 | ||
| Fwd PE | 27.14 | ||
| P/S | 2.69 | ||
| P/FCF | 14.16 | ||
| P/OCF | 12.75 | ||
| P/B | 75.74 | ||
| P/tB | N/A | ||
| EV/EBITDA | 14.33 |
EPS(TTM)1.62
EY2.81%
EPS(NY)2.13
Fwd EY3.68%
FCF(TTM)4.08
FCFY7.06%
OCF(TTM)4.53
OCFY7.85%
SpS21.47
BVpS0.76
TBVpS-2.05
PEG (NY)1.59
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 | 1.82 |
F-Score7
WACC9.9%
ROIC/WACC1.09
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 5 / 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 35.62 and the Price/Book (PB) ratio is 75.74.
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.