The Madison Square Garden Company, together with its subsidiaries, engages in live sports and entertainment businesses in the United States.
Mediocre balance sheet with concerning outlook.
Share Price & News
How has Madison Square Garden's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MS8's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: MS8 underperformed the German Entertainment industry which returned -12.1% over the past year.
Return vs Market: MS8 underperformed the German Market which returned -14.2% over the past year.
Price Volatility Vs. Market
How volatile is Madison Square Garden's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Madison Square Garden undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: MS8 (€204) is trading above our estimate of fair value (€198.01)
Significantly Below Fair Value: MS8 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: MS8 is unprofitable, so we can't compare its PE Ratio to the Entertainment industry average.
PE vs Market: MS8 is unprofitable, so we can't compare its PE Ratio to the German market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate MS8's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: MS8 is overvalued based on its PB Ratio (2x) compared to the DE Entertainment industry average (1x).
How is Madison Square Garden forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MS8 is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: MS8 is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: MS8 is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: MS8's revenue (12% per year) is forecast to grow faster than the German market (3.9% per year).
High Growth Revenue: MS8's revenue (12% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: MS8's Return on Equity is forecast to be low in 3 years time (1.5%).
How has Madison Square Garden performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MS8 is currently unprofitable.
Growing Profit Margin: MS8 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: MS8 is unprofitable, but has reduced losses over the past 5 years at a rate of 38.9% per year.
Accelerating Growth: Unable to compare MS8's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: MS8 is unprofitable, making it difficult to compare its past year earnings growth to the Entertainment industry (-50.4%).
Return on Equity
High ROE: MS8 has a negative Return on Equity (-1.22%), as it is currently unprofitable.
How is Madison Square Garden's financial position?
Financial Position Analysis
Short Term Liabilities: MS8's short term assets ($1.4B) exceed its short term liabilities ($870.0M).
Long Term Liabilities: MS8's short term assets ($1.4B) exceed its long term liabilities ($466.7M).
Debt to Equity History and Analysis
Debt Level: MS8's debt to equity ratio (1.3%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if MS8's debt to equity ratio has reduced over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Insufficient data to determine if MS8 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if MS8 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
What is Madison Square Garden's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate MS8's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate MS8's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if MS8's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if MS8's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of MS8's dividend in 3 years as they are not forecast to pay a notable one for the German market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Jim Dolan (64yo)
Mr. James L. Dolan, also known as Jim, has been the Chief Executive Officer of Madison Square Garden Company since March 2018 and also serves as its Executive Chairman since March 4, 2015. Mr. Dolan serves ...
CEO Compensation Analysis
Compensation vs Market: Jim's total compensation ($USD54.12M) is above average for companies of similar size in the German market ($USD3.44M).
Compensation vs Earnings: Jim's compensation has increased whilst the company is unprofitable.
|Executive Chairman & CEO||2.42yrs||US$54.12m||6.89% $368.0m|
|Executive VP & CFO||1.25yrs||US$2.38m||0.0011% $58.8k|
|Executive VP & General Counsel||4.75yrs||US$3.84m||0.051% $2.7m|
|Senior VP & Treasurer||1.5yrs||US$1.94m||0.016% $836.6k|
|Senior VP||4.75yrs||US$1.31m||no data|
|Chief Administrative Officer & Executive VP||4.25yrs||no data||no data|
|Senior Vice President of Investor Relations & Treasury||no data||no data||no data|
|Executive VP & Chief Communications Officer||no data||no data||no data|
|Executive VP & Chief Marketing Officer||1.33yrs||no data||no data|
Experienced Management: MS8's management team is considered experienced (2.4 years average tenure).
|Executive Chairman & CEO||2.42yrs||US$54.12m||6.89% $368.0m|
|Independent Director||4.58yrs||US$179.74k||0.026% $1.4m|
|Independent Director||4.58yrs||US$169.74k||0.0021% $112.7k|
|Independent Director||4.58yrs||US$193.24k||0.016% $833.9k|
|Independent Director||4.58yrs||US$290.74k||0.015% $815.7k|
|Independent Director||0.33yr||no data||no data|
Experienced Board: MS8's board of directors are considered experienced (4.6 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: MS8 insiders have sold more shares than they have bought in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
The Madison Square Garden Company's company bio, employee growth, exchange listings and data sources
- Name: The Madison Square Garden Company
- Ticker: MS8
- Exchange: DB
- Founded: 1879
- Industry: Movies and Entertainment
- Sector: Media
- Market Cap: US$5.809b
- Listing Market Cap: US$5.342b
- Shares outstanding: 23.99m
- Website: https://www.themadisonsquaregardencompany.com
Number of Employees
- The Madison Square Garden Company
- Two Pennsylvania Plaza
- New York
- New York
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|MSG||NYSE (New York Stock Exchange)||Yes||Class A Common Stock||US||USD||Sep 2015|
|MS8||DB (Deutsche Boerse AG)||Yes||Class A Common Stock||DE||EUR||Sep 2015|
The Madison Square Garden Company, together with its subsidiaries, engages in live sports and entertainment businesses in the United States. It operates in two segments, MSG Sports and MSG Entertainment. The MSG Sports segment owns and operates professional sports franchises; and promotes, produces, and/or presents an array of other live sporting events, including professional boxing, college basketball, college hockey, professional bull riding, mixed martial arts, e-sports, and college wrestling. The MSG Entertainment segment produces, presents, and hosts live entertainment events, including concerts, family shows, performing arts events, and special events; and creates, produces, and presents live productions at its venues. It also operates 29 entertainment dining and nightlife venues in New York City, Las Vegas, Los Angeles, and Chicago; Singapore; and Sydney, Australia under the TAO, Marquee, Lavo, Avenue, Beauty & Essex, and Vandal brands, as well as manages the food and beverage operations at the Dream Downtown and Dream Midtown hotels in New York City. The Madison Square Garden Company was founded in 1879 and is based in New York, New York.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/10 06:13|
|End of Day Share Price||2020/04/09 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.