MADISON SQUARE GARDEN ENTERT (MSGE) Stock Fundamental Analysis
NYSE:MSGE - New York Stock Exchange, Inc. - US5582561032 - Common Stock - Currency: USD
Taking everything into account, MSGE scores 4 out of 10 in our fundamental rating. MSGE was compared to 71 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 valuation in line with the averages, but on the other hand it scores bad on growth.
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.
Of the past 5 years MSGE 4 years had a positive operating cash flow.
1.2 Ratios
MSGE has a Return On Assets of 7.95%. This is amongst the best in the industry. MSGE outperforms 89.39% of its industry peers.
MSGE has a better Return On Equity (1222.83%) than 100.00% of its industry peers.
The Return On Invested Capital of MSGE (9.71%) is better than 80.30% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.95% | ||
| ROE | 1222.83% | ||
| ROIC | 9.71% |
ROA(3y)2.01%
ROA(5y)-0.45%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
The Profit Margin of MSGE (13.15%) is better than 89.39% of its industry peers.
MSGE has a Operating Margin of 13.91%. This is amongst the best in the industry. MSGE outperforms 84.85% of its industry peers.
MSGE has a worse Gross Margin (41.78%) than 60.61% of its industry peers.
In the last couple of years the Gross Margin of MSGE has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 13.91% | ||
| PM (TTM) | 13.15% | ||
| GM | 41.78% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y80.27%
GM growth 5Y3.57%
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.
MSGE has a better debt/assets ratio than last year.
2.2 Solvency
MSGE has an Altman-Z score of 1.53. This is a bad value and indicates that MSGE is not financially healthy and even has some risk of bankruptcy.
MSGE has a Altman-Z score (1.53) which is comparable to the rest of the industry.
MSGE has a debt to FCF ratio of 9.61. This is a negative value and a sign of low solvency as MSGE would need 9.61 years to pay back of all of its debts.
With a decent Debt to FCF ratio value of 9.61, MSGE is doing good in the industry, outperforming 62.12% of the companies in the same industry.
A Debt/Equity ratio of 56.61 is on the high side and indicates that MSGE has dependencies on debt financing.
MSGE has a worse Debt to Equity ratio (56.61) than 86.36% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 56.61 | ||
| Debt/FCF | 9.61 | ||
| Altman-Z | 1.53 |
ROIC/WACC1.26
WACC7.69%
2.3 Liquidity
A Current Ratio of 0.54 indicates that MSGE may have some problems paying its short term obligations.
With a Current ratio value of 0.54, MSGE is not doing good in the industry: 78.79% of the companies in the same industry are doing better.
A Quick Ratio of 0.53 indicates that MSGE may have some problems paying its short term obligations.
MSGE has a worse Quick ratio (0.53) than 77.27% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.54 | ||
| Quick Ratio | 0.53 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 69.81% over the past year.
Looking at the last year, MSGE shows a small growth in Revenue. The Revenue has grown by 7.44% in the last year.
MSGE shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -1.77% yearly.
EPS 1Y (TTM)69.81%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-39.77%
Revenue 1Y (TTM)7.44%
Revenue growth 3Y127.19%
Revenue growth 5Y-1.77%
Sales Q2Q%1.18%
3.2 Future
Based on estimates for the next years, MSGE will show a very negative growth in Earnings Per Share. The EPS will decrease by -11.00% on average per year.
MSGE is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.99% yearly.
EPS Next Y-63.75%
EPS Next 2Y-21.78%
EPS Next 3Y-11%
EPS Next 5YN/A
Revenue Next Year1.55%
Revenue Next 2Y3.37%
Revenue Next 3Y3.99%
Revenue Next 5YN/A
3.3 Evolution
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
MSGE is valuated correctly with a Price/Earnings ratio of 13.68.
Compared to the rest of the industry, the Price/Earnings ratio of MSGE indicates a rather cheap valuation: MSGE is cheaper than 87.88% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of MSGE to the average of the S&P500 Index (29.63), we can say MSGE is valued rather cheaply.
The Price/Forward Earnings ratio is 18.98, which indicates a rather expensive current valuation of MSGE.
Compared to the rest of the industry, the Price/Forward Earnings ratio of MSGE indicates a rather cheap valuation: MSGE is cheaper than 80.30% of the companies listed in the same industry.
MSGE is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 22.68, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.68 | ||
| Fwd PE | 18.98 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, MSGE is valued a bit cheaper than 75.76% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, MSGE is valued a bit cheaper than the industry average as 75.76% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 27.17 | ||
| EV/EBITDA | 12.28 |
4.3 Compensation for Growth
The decent profitability rating of MSGE may justify a higher PE ratio.
MSGE's earnings are expected to decrease with -11.00% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-21.78%
EPS Next 3Y-11%
5. Dividend
5.1 Amount
No dividends for MSGE!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
35.99
-0.84 (-2.28%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryEntertainment
Earnings (Last)
Earnings (Next)
Inst Owners99.47%
Inst Owner Change5.57%
Ins Owners3.45%
Ins Owner Change0.59%
Market Cap1.72B
Analysts80
Price Target46.34 (28.76%)
Short Float %3.27%
Short Ratio3.1
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)10.03%
Min EPS beat(2)-30.04%
Max EPS beat(2)50.09%
EPS beat(4)2
Avg EPS beat(4)82.95%
Min EPS beat(4)-52.3%
Max EPS beat(4)364.06%
EPS beat(8)N/A
Avg EPS beat(8)N/A
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)-1.53%
Min Revenue beat(2)-2.49%
Max Revenue beat(2)-0.58%
Revenue beat(4)1
Avg Revenue beat(4)0.7%
Min Revenue beat(4)-2.49%
Max Revenue beat(4)7.56%
Revenue beat(8)3
Avg Revenue beat(8)-7.7%
Revenue beat(12)4
Avg Revenue beat(12)-15.95%
Revenue beat(16)6
Avg Revenue beat(16)3.35%
PT rev (1m)0%
PT rev (3m)-4.36%
EPS NQ rev (1m)5.42%
EPS NQ rev (3m)131.91%
EPS NY rev (1m)-37.73%
EPS NY rev (3m)-37.33%
Revenue NQ rev (1m)-0.66%
Revenue NQ rev (3m)-3.38%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-2.21%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.68 | ||
| Fwd PE | 18.98 | ||
| P/S | 1.79 | ||
| P/FCF | 27.17 | ||
| P/OCF | 18.81 | ||
| P/B | 166.71 | ||
| P/tB | N/A | ||
| EV/EBITDA | 12.28 |
EPS(TTM)2.63
EY7.31%
EPS(NY)1.9
Fwd EY5.27%
FCF(TTM)1.32
FCFY3.68%
OCF(TTM)1.91
OCFY5.32%
SpS20.08
BVpS0.22
TBVpS-2.56
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.95% | ||
| ROE | 1222.83% | ||
| ROCE | 12.29% | ||
| ROIC | 9.71% | ||
| ROICexc | 10.23% | ||
| ROICexgc | 11.74% | ||
| OM | 13.91% | ||
| PM (TTM) | 13.15% | ||
| GM | 41.78% | ||
| FCFM | 6.6% |
ROA(3y)2.01%
ROA(5y)-0.45%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg 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 5YN/A
GM growth 3Y80.27%
GM growth 5Y3.57%
F-Score7
Asset Turnover0.6
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 56.61 | ||
| Debt/FCF | 9.61 | ||
| Debt/EBITDA | 3.1 | ||
| Cap/Depr | 51.15% | ||
| Cap/Sales | 2.93% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 48.52% | ||
| Profit Quality | 50.18% | ||
| Current Ratio | 0.54 | ||
| Quick Ratio | 0.53 | ||
| Altman-Z | 1.53 |
F-Score7
WACC7.69%
ROIC/WACC1.26
Cap/Depr(3y)30.91%
Cap/Depr(5y)28.68%
Cap/Sales(3y)2.24%
Cap/Sales(5y)4.88%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)69.81%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-39.77%
EPS Next Y-63.75%
EPS Next 2Y-21.78%
EPS Next 3Y-11%
EPS Next 5YN/A
Revenue 1Y (TTM)7.44%
Revenue growth 3Y127.19%
Revenue growth 5Y-1.77%
Sales Q2Q%1.18%
Revenue Next Year1.55%
Revenue Next 2Y3.37%
Revenue Next 3Y3.99%
Revenue Next 5YN/A
EBIT growth 1Y9.32%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year76.26%
EBIT Next 3Y25.18%
EBIT Next 5YN/A
FCF growth 1Y-28.55%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-14.05%
OCF growth 3YN/A
OCF growth 5Y3.94%