MADISON SQUARE GARDEN ENTERT (MSGE) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:MSGE - US5582561032 - Common Stock
52.62 USD
+0.71 (+1.37%)
52.62 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 is not valued too expensively and it also shows a decent 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
MSGE's Return On Assets of 2.09% is fine compared to the rest of the industry. MSGE outperforms 73.75% of its industry peers.
The Return On Invested Capital of MSGE (9.64%) is better than 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 8.91%.
| 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
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 of 43.85%. This is comparable to the rest of the industry: MSGE outperforms 51.25% of its industry peers.
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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so MSGE is still creating some value.
MSGE has less shares outstanding than it did 1 year ago.
MSGE has more shares outstanding than it did 5 years ago.
MSGE has a better debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 1.59, we must say that MSGE is in the distress zone and has some risk of bankruptcy.
MSGE has a Altman-Z score (1.59) 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.
Looking at the Debt to FCF ratio, with a value of 4.37, MSGE is in the better half of 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 | 1.59 |
ROIC/WACC1.2
WACC8.05%
2.3 Liquidity
A Current Ratio of 0.48 indicates that MSGE may have some problems paying its short term obligations.
MSGE has a worse Current ratio (0.48) than 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.
With a Quick ratio value of 0.47, MSGE is not doing good in the industry: 78.75% 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
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 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
MSGE is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 40.29% yearly.
Based on estimates for the next years, MSGE will show a small growth in Revenue. The Revenue will grow by 6.27% on average per year.
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
Based on the Price/Earnings ratio of 43.13, 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.
The average S&P500 Price/Earnings ratio is at 26.38. MSGE is valued rather expensively when compared to this.
The Price/Forward Earnings ratio is 21.54, which indicates a rather expensive current valuation of MSGE.
MSGE's Price/Forward Earnings ratio is rather cheap when compared to the industry. MSGE is cheaper than 81.25% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 23.83. MSGE is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 43.13 | ||
| Fwd PE | 21.54 |
4.2 Price Multiples
67.50% of the companies in the same industry are more expensive than MSGE, based on the Enterprise Value to EBITDA ratio.
88.75% 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 | 17.73 | ||
| EV/EBITDA | 15.47 |
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 40.29% in the coming years.
PEG (NY)0.37
PEG (5Y)N/A
EPS Next 2Y57.09%
EPS Next 3Y40.29%
5. Dividend
5.1 Amount
MSGE does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
52.62
+0.71 (+1.37%)
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 (3.23%)
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)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 | 43.13 | ||
| Fwd PE | 21.54 | ||
| P/S | 2.58 | ||
| P/FCF | 17.73 | ||
| P/OCF | 15.3 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 15.47 |
EPS(TTM)1.22
EY2.32%
EPS(NY)2.44
Fwd EY4.64%
FCF(TTM)2.97
FCFY5.64%
OCF(TTM)3.44
OCFY6.54%
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 | 1.59 |
F-Score6
WACC8.05%
ROIC/WACC1.2
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 6 / 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 43.13 and the Price/Book (PB) ratio is -37.77.
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.