Madison Square Garden Entertainment
Market Cap
US$1.9b
Last Updated
2021/08/01 22:37 UTC
Data Sources
Company Financials +
Executive Summary
Madison Square Garden Entertainment Corp. More Details
Rewards
Risk Analysis
Snowflake Analysis
High growth potential with adequate balance sheet.
Share Price & News
How has Madison Square Garden Entertainment's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MSGE is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: MSGE's weekly volatility (5%) has been stable over the past year.
Market Performance
7 Day Return
-1.2%
MSGE
-2.9%
US Entertainment
-0.4%
US Market
1 Year Return
-1.3%
MSGE
28.1%
US Entertainment
35.9%
US Market
Return vs Industry: MSGE underperformed the US Entertainment industry which returned 28.1% over the past year.
Return vs Market: MSGE underperformed the US Market which returned 35.9% over the past year.
Shareholder returns
| MSGE | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.2% | -2.9% | -0.4% |
| 30 Day | -16.2% | -5.9% | -0.3% |
| 90 Day | -21.3% | -2.8% | 3.1% |
| 1 Year | -1.3%-1.3% | 28.3%28.1% | 38.0%35.9% |
| 3 Year | n/a | 75.2%73.2% | 62.9%52.7% |
| 5 Year | n/a | 147.1%138.0% | 121.3%96.9% |
Long-Term Price Volatility Vs. Market
How volatile is Madison Square Garden Entertainment's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall St
Madison Square Garden Entertainment Corp. (NYSE:MSGE) Shares Could Be 50% Below Their Intrinsic Value Estimate2 months ago | Simply Wall St
Did Madison Square Garden Entertainment's (NYSE:MSGE) Share Price Deserve to Gain 13%?3 months ago | Simply Wall St
Did Madison Square Garden Entertainment Corp. (NYSE:MSGE) Insiders Sell Shares?Valuation
Is Madison Square Garden Entertainment undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: MSGE ($69.96) is trading below our estimate of fair value ($203.69)
Significantly Below Fair Value: MSGE is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: MSGE is unprofitable, so we can't compare its PE Ratio to the US Entertainment industry average.
PE vs Market: MSGE is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate MSGE's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: MSGE is good value based on its PB Ratio (0.6x) compared to the US Entertainment industry average (4.5x).
Future Growth
How is Madison Square Garden Entertainment forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
86.4%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MSGE is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).
Earnings vs Market: MSGE is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: MSGE's is expected to become profitable in the next 3 years.
Revenue vs Market: MSGE's revenue (47.1% per year) is forecast to grow faster than the US market (9.2% per year).
High Growth Revenue: MSGE's revenue (47.1% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: MSGE is forecast to be unprofitable in 3 years.
Past Performance
How has Madison Square Garden Entertainment performed over the past 5 years?
-25.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MSGE is currently unprofitable.
Growing Profit Margin: MSGE is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: MSGE is unprofitable, and losses have increased over the past 5 years at a rate of 25.9% per year.
Accelerating Growth: Unable to compare MSGE's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: MSGE is unprofitable, making it difficult to compare its past year earnings growth to the Entertainment industry (6.7%).
Return on Equity
High ROE: MSGE has a negative Return on Equity (-7.24%), as it is currently unprofitable.
Financial Health
How is Madison Square Garden Entertainment's financial position?
Financial Position Analysis
Short Term Liabilities: MSGE's short term assets ($1.5B) exceed its short term liabilities ($513.3M).
Long Term Liabilities: MSGE's short term assets ($1.5B) exceed its long term liabilities ($958.2M).
Debt to Equity History and Analysis
Debt Level: MSGE's debt to equity ratio (25.1%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if MSGE's debt to equity ratio has reduced over the past 5 years.
Balance Sheet
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: MSGE has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if MSGE has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
Dividend
What is Madison Square Garden Entertainment current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate MSGE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate MSGE's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if MSGE's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if MSGE'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 MSGE's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
1.5yrs
Average management tenure
CEO
Jim Dolan (66 yo)
1.67yrs
Tenure
US$3,955,129
Compensation
Mr. James Lawrence Dolan, also known as Jim, serves as Non-Executive Chairman at AMC Networks Inc. since September 2020. He serves as Executive Chairman at Madison Square Garden Sports Corp. (formerly know...
CEO Compensation Analysis
Compensation vs Market: Jim's total compensation ($USD3.96M) is about average for companies of similar size in the US market ($USD3.71M).
Compensation vs Earnings: Jim's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: MSGE's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.
Board Members
Experienced Board: MSGE's board of directors are not considered experienced ( 1.3 years average tenure), which suggests a new board.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 10.3%.
Top Shareholders
Company Information
Madison Square Garden Entertainment Corp.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Madison Square Garden Entertainment Corp.
- Ticker: MSGE
- Exchange: NYSE
- Founded: 2019
- Industry: Movies and Entertainment
- Sector: Media
- Market Cap: US$1.853b
- Shares outstanding: 26.49m
- Website: https://www.msgentertainment.com
Number of Employees
Location
- Madison Square Garden Entertainment Corp.
- Two Pennsylvania Plaza
- New York
- New York
- 10121
- United States
Listings
Biography
Madison Square Garden Entertainment Corp. engages in the entertainment business. It produces, presents, or hosts various live entertainment events, including concerts, family shows, and special events, as ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/08/01 22:37 |
| End of Day Share Price | 2021/07/30 00:00 |
| Earnings | 2021/03/31 |
| Annual Earnings | 2020/06/30 |
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.