MADISON SQUARE GARDEN ENTERT (MSGE) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:MSGE - US5582561032 - Common Stock
52.71 USD
-2.01 (-3.67%)
52.71 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. MSGE has a medium profitability rating, but doesn't score so well on its financial health evaluation. 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.
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 (2.09%) is better than 73.75% of its industry peers.
With an excellent Return On Invested Capital value of 9.64%, MSGE belongs to the best of the industry, outperforming 86.25% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for MSGE is in line with the industry average of 8.91%.
| 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.
MSGE's Profit Margin has declined in the last couple of years.
With an excellent Operating Margin value of 14.35%, MSGE belongs to the best of the industry, outperforming 85.00% of the companies in the same industry.
MSGE has a Gross Margin (43.85%) which is comparable to the rest of the 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 just above the Cost of Capital (WACC), so MSGE is still creating some value.
The number of shares outstanding for MSGE has been reduced compared to 1 year ago.
The number of shares outstanding for MSGE has been increased compared to 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 1.64, we must say that MSGE is in the distress zone and has some risk of bankruptcy.
MSGE's Altman-Z score of 1.64 is in line compared to the rest of the industry. MSGE outperforms 58.75% of its industry peers.
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 better Debt to FCF ratio (4.37) than 76.25% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 4.37 | ||
| Altman-Z | 1.64 |
ROIC/WACC1.19
WACC8.11%
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.
With a Current ratio value of 0.48, MSGE is not doing good in the industry: 80.00% of the companies in the same industry are doing better.
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 in the lower half of the industry: MSGE underperforms 78.75% 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%.
The earnings per share for MSGE have been decreasing by -25.26% on average. This is quite bad
The Revenue has been growing slightly by 0.68% in the past 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)-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
Based on estimates for the next years, MSGE will show a very strong growth in Earnings Per Share. The EPS will grow by 40.29% on average per year.
MSGE is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.27% yearly.
EPS Next Y117.39%
EPS Next 2Y57.09%
EPS Next 3Y40.29%
EPS Next 5YN/A
Revenue Next Year7.41%
Revenue Next 2Y6.37%
Revenue Next 3Y6.27%
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
MSGE is valuated quite expensively with a Price/Earnings ratio of 43.20.
Based on the Price/Earnings ratio, MSGE is valued a bit cheaper than 72.50% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.55, MSGE is valued quite expensively.
Based on the Price/Forward Earnings ratio of 21.58, the valuation of MSGE can be described as rather expensive.
Based on the Price/Forward Earnings ratio, MSGE is valued a bit cheaper than the industry average as 80.00% 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 23.78.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 43.2 | ||
| Fwd PE | 21.58 |
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.
87.50% of the companies in the same industry are more expensive than MSGE, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.76 | ||
| EV/EBITDA | 16.14 |
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 40.29% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.37
PEG (5Y)N/A
EPS Next 2Y57.09%
EPS Next 3Y40.29%
5. Dividend
5.1 Amount
No dividends for MSGE!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
52.71
-2.01 (-3.67%)
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 Cap2.49B
Revenue(TTM)962.28M
Net Income(TTM)35.10M
Analysts82.86
Price Target54.32 (3.05%)
Short Float %3.22%
Short Ratio3.63
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)11.27%
PT rev (3m)18.77%
EPS NQ rev (1m)8.02%
EPS NQ rev (3m)17.66%
EPS NY rev (1m)17.01%
EPS NY rev (3m)15.55%
Revenue NQ rev (1m)0.27%
Revenue NQ rev (3m)2.58%
Revenue NY rev (1m)0.68%
Revenue NY rev (3m)0.88%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 43.2 | ||
| Fwd PE | 21.58 | ||
| P/S | 2.59 | ||
| P/FCF | 17.76 | ||
| P/OCF | 15.32 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 16.14 |
EPS(TTM)1.22
EY2.31%
EPS(NY)2.44
Fwd EY4.63%
FCF(TTM)2.97
FCFY5.63%
OCF(TTM)3.44
OCFY6.53%
SpS20.37
BVpS-1.39
TBVpS-4.21
PEG (NY)0.37
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
WACC8.11%
ROIC/WACC1.19
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 2Y57.09%
EPS Next 3Y40.29%
EPS Next 5YN/A
Revenue 1Y (TTM)0.68%
Revenue growth 3Y12.99%
Revenue growth 5Y10.03%
Sales Q2Q%14.09%
Revenue Next Year7.41%
Revenue Next 2Y6.37%
Revenue Next 3Y6.27%
Revenue Next 5YN/A
EBIT growth 1Y3.88%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year69.02%
EBIT Next 3Y24.93%
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.
What is the valuation status of MADISON SQUARE GARDEN ENTERT (MSGE) stock?
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.
What are the PE and PB ratios of MADISON SQUARE GARDEN ENTERT (MSGE) stock?
The Price/Earnings (PE) ratio for MADISON SQUARE GARDEN ENTERT (MSGE) is 43.2 and the Price/Book (PB) ratio is -37.84.
What is the earnings growth outlook for MADISON SQUARE GARDEN ENTERT?
The Earnings per Share (EPS) of MADISON SQUARE GARDEN ENTERT (MSGE) is expected to grow by 117.39% in the next year.