MADISON SQUARE GARDEN ENTERT (MSGE) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:MSGE - US5582561032 - Common Stock
47.8 USD
+0.62 (+1.31%)
47.8 USD
0 (0%)
We assign a fundamental rating of 4 out of 10 to MSGE. MSGE was compared to 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
In the past year MSGE was profitable.
In the past year MSGE had a positive cash flow from operations.
In multiple years MSGE reported negative net income over the last 5 years.
Of the past 5 years MSGE 4 years had a positive operating cash flow.
1.2 Ratios
MSGE's Return On Assets of 2.24% is fine compared to the rest of the industry. MSGE outperforms 72.50% of its industry peers.
Looking at the Return On Invested Capital, with a value of 9.09%, MSGE belongs to the top of the industry, outperforming 82.50% of the companies in the same industry.
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 9.30%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.24% | ||
| ROE | N/A | ||
| ROIC | 9.09% |
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 (3.97%) than 68.75% of its industry peers.
In the last couple of years the Profit Margin of MSGE has declined.
MSGE's Operating Margin of 14.25% is amongst the best of the industry. MSGE outperforms 85.00% of its industry peers.
MSGE has a Gross Margin (43.18%) 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 | 14.25% | ||
| PM (TTM) | 3.97% | ||
| GM | 43.18% |
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
MSGE has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
MSGE has less shares outstanding than it did 1 year ago.
The number of shares outstanding for MSGE has been increased compared to 5 years ago.
The debt/assets ratio for MSGE has been reduced compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 1.57, we must say that MSGE is in the distress zone and has some risk of bankruptcy.
MSGE has a Altman-Z score (1.57) which is comparable to the rest of the industry.
The Debt to FCF ratio of MSGE is 6.44, which is on the high side as it means it would take MSGE, 6.44 years of fcf income to pay off all of its debts.
With a decent Debt to FCF ratio value of 6.44, MSGE is doing good in the industry, outperforming 71.25% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 6.44 | ||
| Altman-Z | 1.57 |
ROIC/WACC1.18
WACC7.69%
2.3 Liquidity
MSGE has a Current Ratio of 0.47. 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 worse Current ratio (0.47) than 80.00% of its industry peers.
MSGE has a Quick Ratio of 0.47. 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 Quick ratio of 0.46 is on the low side compared to the rest of the industry. MSGE is outperformed by 78.75% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.47 | ||
| Quick Ratio | 0.46 |
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.
Looking at the last year, MSGE shows a decrease in Revenue. The Revenue has decreased by -1.72% 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)-66.67%
EPS 3YN/A
EPS 5Y-25.26%
EPS Q2Q%57.5%
Revenue 1Y (TTM)-1.72%
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 38.88% yearly.
MSGE is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.53% yearly.
EPS Next Y85.8%
EPS Next 2Y49.73%
EPS Next 3Y38.88%
EPS Next 5YN/A
Revenue Next Year6.68%
Revenue Next 2Y5.88%
Revenue Next 3Y5.53%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 39.18 indicates a quite expensive valuation of MSGE.
Based on the Price/Earnings ratio, MSGE is valued a bit cheaper than the industry average as 75.00% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 25.47. MSGE is valued rather expensively when compared to this.
MSGE is valuated rather expensively with a Price/Forward Earnings ratio of 21.54.
82.50% of the companies in the same industry are more expensive than MSGE, based on the Price/Forward Earnings ratio.
MSGE is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 34.42, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 39.18 | ||
| Fwd PE | 21.54 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, MSGE is valued a bit cheaper than the industry average as 67.50% of the companies are valued more expensively.
MSGE's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. MSGE is cheaper than 80.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 24.26 | ||
| EV/EBITDA | 14.65 |
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.
A more expensive valuation may be justified as MSGE's earnings are expected to grow with 38.88% in the coming years.
PEG (NY)0.46
PEG (5Y)N/A
EPS Next 2Y49.73%
EPS Next 3Y38.88%
5. Dividend
5.1 Amount
MSGE does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
47.8
+0.62 (+1.31%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryEntertainment
Earnings (Last)
Earnings (Next)
Inst Owners102.63%
Inst Owner Change-20.68%
Ins Owners3.36%
Ins Owner Change0.98%
Market Cap2.26B
Revenue(TTM)942.73M
Net Income(TTM)37.43M
Analysts82.86
Price Target54.32 (13.64%)
Short Float %3.03%
Short Ratio3.22
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
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)-3.64%
Min EPS beat(2)-41.81%
Max EPS beat(2)34.53%
EPS beat(4)2
Avg EPS beat(4)3.2%
Min EPS beat(4)-41.81%
Max EPS beat(4)50.09%
EPS beat(8)4
Avg EPS beat(8)32.79%
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)1
Avg Revenue beat(2)1.05%
Min Revenue beat(2)-0.74%
Max Revenue beat(2)2.85%
Revenue beat(4)1
Avg Revenue beat(4)-0.24%
Min Revenue beat(4)-2.49%
Max Revenue beat(4)2.85%
Revenue beat(8)3
Avg Revenue beat(8)-0.47%
Revenue beat(12)5
Avg Revenue beat(12)-6.21%
Revenue beat(16)6
Avg Revenue beat(16)-12.04%
PT rev (1m)18.77%
PT rev (3m)18.77%
EPS NQ rev (1m)-2.32%
EPS NQ rev (3m)-7.43%
EPS NY rev (1m)0%
EPS NY rev (3m)-7.32%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)7.67%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 39.18 | ||
| Fwd PE | 21.54 | ||
| P/S | 2.39 | ||
| P/FCF | 24.26 | ||
| P/OCF | 19.58 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 14.65 |
EPS(TTM)1.22
EY2.55%
EPS(NY)2.22
Fwd EY4.64%
FCF(TTM)1.97
FCFY4.12%
OCF(TTM)2.44
OCFY5.11%
SpS19.96
BVpS-0.28
TBVpS-3.09
PEG (NY)0.46
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.24% | ||
| ROE | N/A | ||
| ROCE | 11.51% | ||
| ROIC | 9.09% | ||
| ROICexc | 9.44% | ||
| ROICexgc | 10.7% | ||
| OM | 14.25% | ||
| PM (TTM) | 3.97% | ||
| GM | 43.18% | ||
| FCFM | 9.87% |
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 | N/A | ||
| Debt/FCF | 6.44 | ||
| Debt/EBITDA | 2.96 | ||
| Cap/Depr | 38.47% | ||
| Cap/Sales | 2.36% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 60.01% | ||
| Profit Quality | 248.66% | ||
| Current Ratio | 0.47 | ||
| Quick Ratio | 0.46 | ||
| Altman-Z | 1.57 |
F-Score7
WACC7.69%
ROIC/WACC1.18
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 Y85.8%
EPS Next 2Y49.73%
EPS Next 3Y38.88%
EPS Next 5YN/A
Revenue 1Y (TTM)-1.72%
Revenue growth 3Y12.99%
Revenue growth 5Y10.03%
Sales Q2Q%14.09%
Revenue Next Year6.68%
Revenue Next 2Y5.88%
Revenue Next 3Y5.53%
Revenue Next 5YN/A
EBIT growth 1Y3.69%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year67.98%
EBIT Next 3Y23.65%
EBIT Next 5YN/A
FCF growth 1Y6.88%
FCF growth 3Y5.35%
FCF growth 5Y117.78%
OCF growth 1Y3.62%
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 39.18 and the Price/Book (PB) ratio is -169.74.
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 85.8% in the next year.