MADISON SQUARE GARDEN ENTERT (MSGE) Stock Fundamental Analysis
USA - NYSE:MSGE - US5582561032 - Common Stock
43.51 USD
-2.12 (-4.65%)
43.51 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. 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
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.
MSGE had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 2.24%, MSGE is in the better half of the industry, outperforming 68.75% of the companies in the same industry.
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.
Measured over the past 3 years, the Average Return On Invested Capital for MSGE is in line with the industry average of 9.15%.
| 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
Looking at the Profit Margin, with a value of 3.97%, MSGE is in the better half of the industry, outperforming 67.50% of the companies in the same industry.
MSGE's Profit Margin has declined in the last couple of years.
The Operating Margin of MSGE (14.25%) is better than 85.00% of its industry peers.
MSGE's Gross Margin of 43.18% is in line compared to the rest of the industry. MSGE outperforms 48.75% of its industry peers.
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
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.
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 1.49. 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 (1.49) which is comparable to the rest of the industry.
MSGE has a debt to FCF ratio of 6.44. This is a slightly negative value and a sign of low solvency as MSGE would need 6.44 years to pay back of all of its debts.
The Debt to FCF ratio of MSGE (6.44) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 6.44 | ||
| Altman-Z | 1.49 |
ROIC/WACC1.18
WACC7.7%
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 Current ratio of 0.47. This is amonst the worse of the industry: MSGE underperforms 81.25% of its industry peers.
A Quick Ratio of 0.46 indicates that MSGE may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.46, MSGE is doing worse than 80.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.47 | ||
| Quick Ratio | 0.46 |
3. Growth
3.1 Past
The earnings per share for MSGE have decreased strongly by -68.06% 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.
MSGE shows a decrease in Revenue. In the last year, the revenue decreased by -1.72%.
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)-68.06%
EPS 3YN/A
EPS 5Y-25.26%
EPS Q2Q%-138.3%
Revenue 1Y (TTM)-1.72%
Revenue growth 3Y12.99%
Revenue growth 5Y10.03%
Sales Q2Q%-17.16%
3.2 Future
The Earnings Per Share is expected to grow by 34.85% on average over the next years. This is a very strong growth
MSGE is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.96% yearly.
EPS Next Y82.02%
EPS Next 2Y48%
EPS Next 3Y34.85%
EPS Next 5YN/A
Revenue Next Year6.57%
Revenue Next 2Y5.73%
Revenue Next 3Y5.96%
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
With a Price/Earnings ratio of 43.95, MSGE can be considered very expensive at the moment.
MSGE's Price/Earnings ratio is a bit cheaper when compared to the industry. MSGE is cheaper than 71.25% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 27.76. MSGE is valued rather expensively when compared to this.
The Price/Forward Earnings ratio is 24.15, 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 76.25% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of MSGE to the average of the S&P500 Index (23.21), we can say MSGE is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 43.95 | ||
| Fwd PE | 24.15 |
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 70.00% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, MSGE is valued cheaply inside the industry as 83.75% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 21.9 | ||
| EV/EBITDA | 13.5 |
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.
MSGE's earnings are expected to grow with 34.85% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.54
PEG (5Y)N/A
EPS Next 2Y48%
EPS Next 3Y34.85%
5. Dividend
5.1 Amount
No dividends for MSGE!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
43.51
-2.12 (-4.65%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryEntertainment
Earnings (Last)
Earnings (Next)
Inst Owners102.63%
Inst Owner Change0%
Ins Owners3.36%
Ins Owner Change0.98%
Market Cap2.04B
Analysts82.86
Price Target45.73 (5.1%)
Short Float %3.49%
Short Ratio3.98
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)0%
PT rev (3m)-0.09%
EPS NQ rev (1m)2.57%
EPS NQ rev (3m)7.07%
EPS NY rev (1m)-3.25%
EPS NY rev (3m)-9.2%
Revenue NQ rev (1m)-0.07%
Revenue NQ rev (3m)7.3%
Revenue NY rev (1m)0.1%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 43.95 | ||
| Fwd PE | 24.15 | ||
| P/S | 2.16 | ||
| P/FCF | 21.9 | ||
| P/OCF | 17.68 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 13.5 |
EPS(TTM)0.99
EY2.28%
EPS(NY)1.8
Fwd EY4.14%
FCF(TTM)1.99
FCFY4.57%
OCF(TTM)2.46
OCFY5.66%
SpS20.13
BVpS-0.28
TBVpS-3.12
PEG (NY)0.54
PEG (5Y)N/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
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 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 | 1.49 |
F-Score7
WACC7.7%
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)-68.06%
EPS 3YN/A
EPS 5Y-25.26%
EPS Q2Q%-138.3%
EPS Next Y82.02%
EPS Next 2Y48%
EPS Next 3Y34.85%
EPS Next 5YN/A
Revenue 1Y (TTM)-1.72%
Revenue growth 3Y12.99%
Revenue growth 5Y10.03%
Sales Q2Q%-17.16%
Revenue Next Year6.57%
Revenue Next 2Y5.73%
Revenue Next 3Y5.96%
Revenue Next 5YN/A
EBIT growth 1Y3.69%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year67.98%
EBIT Next 3Y22.35%
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%