MADISON SQUARE GARDEN ENTERT (MSGE) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:MSGE - US5582561032 - Common Stock
54.48 USD
+0.71 (+1.32%)
54.48 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. While MSGE is still in line with the averages on profitability rating, there are concerns on its financial health. MSGE has a decent growth rate and is not valued too expensively.
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
MSGE has a Return On Assets of 2.09%. This is in the better half of the industry: MSGE outperforms 73.75% of its industry peers.
MSGE's Return On Invested Capital of 9.64% is amongst the best of the industry. MSGE outperforms 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 8.73%.
| 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
Looking at the Profit Margin, with a value of 3.65%, MSGE is in the better half of the industry, outperforming 68.75% of the companies in the same industry.
MSGE's Profit Margin has declined in the last couple of years.
MSGE has a better Operating Margin (14.35%) than 85.00% of its industry peers.
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
MSGE has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some 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
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 has a Altman-Z score (1.64) which is in line with its industry peers.
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.
With a decent Debt to FCF ratio value of 4.37, MSGE is doing good in 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 | 1.64 |
ROIC/WACC1.01
WACC9.56%
2.3 Liquidity
A Current Ratio of 0.48 indicates that MSGE may have some problems paying its short term obligations.
MSGE has a Current ratio of 0.48. This is amonst the worse of the industry: MSGE underperforms 80.00% of its industry peers.
MSGE has a Quick 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 has a worse Quick ratio (0.47) than 78.75% of its industry peers.
| 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.
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 small growth in Revenue. The Revenue has grown by 0.68% in the last year.
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
Based on estimates for the next years, MSGE will show a very strong growth in Earnings Per Share. The EPS will grow by 38.61% on average per year.
MSGE is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.05% yearly.
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.
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
Based on the Price/Earnings ratio of 44.66, the valuation of MSGE can be described as expensive.
72.50% 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 26.59, MSGE is valued quite expensively.
The Price/Forward Earnings ratio is 23.22, which indicates a rather expensive current valuation of MSGE.
MSGE's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. MSGE is cheaper than 78.75% of the companies in the same industry.
MSGE's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 24.03.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 44.66 | ||
| Fwd PE | 23.22 |
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 87.50% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 18.35 | ||
| EV/EBITDA | 16.08 |
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.
A more expensive valuation may be justified as MSGE's earnings are expected to grow with 38.61% in the coming years.
PEG (NY)0.38
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% |
54.48
+0.71 (+1.32%)
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 (7.25%)
Short Float %3.65%
Short Ratio4.17
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)19.7%
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)15.55%
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 | 44.66 | ||
| Fwd PE | 23.22 | ||
| P/S | 2.67 | ||
| P/FCF | 18.35 | ||
| P/OCF | 15.84 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 16.08 |
EPS(TTM)1.22
EY2.24%
EPS(NY)2.35
Fwd EY4.31%
FCF(TTM)2.97
FCFY5.45%
OCF(TTM)3.44
OCFY6.31%
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 | 1.64 |
F-Score6
WACC9.56%
ROIC/WACC1.01
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 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 44.66 and the Price/Book (PB) ratio is -39.11.
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.