MSG Networks Inc. engages in the sports production, and content development and distribution businesses in the United States.
Good value with questionable track record.
Share Price & News
How has MSG Networks's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MSGN's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: MSGN underperformed the US Media industry which returned -9.7% over the past year.
Return vs Market: MSGN underperformed the US Market which returned 5.3% over the past year.
Price Volatility Vs. Market
How volatile is MSG Networks's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 year ago | Simply Wall StMSG Networks (NYSE:MSGN) Shareholders Received A Total Return Of 36% In The Last Five Years
1 year ago | Simply Wall StDoes MSG Networks Inc. (NYSE:MSGN) Have A Good P/E Ratio?
1 year ago | Simply Wall StIs MSG Networks Inc.'s (NYSE:MSGN) CEO Paid Enough Relative To Peers?
Is MSG Networks undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: MSGN ($10.03) is trading below our estimate of fair value ($37.82)
Significantly Below Fair Value: MSGN is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: MSGN is good value based on its PE Ratio (4x) compared to the US Media industry average (10.7x).
PE vs Market: MSGN is good value based on its PE Ratio (4x) compared to the US market (16.1x).
Price to Earnings Growth Ratio
PEG Ratio: MSGN's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: MSGN has negative assets, so we can't compare its PB Ratio to the US Media industry average.
How is MSG Networks forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MSGN's earnings are forecast to decline over the next 3 years (-1.8% per year).
Earnings vs Market: MSGN's earnings are forecast to decline over the next 3 years (-1.8% per year).
High Growth Earnings: MSGN's earnings are forecast to decline over the next 3 years.
Revenue vs Market: MSGN's revenue is expected to decline over the next 3 years (-1.8% per year).
High Growth Revenue: MSGN's revenue is forecast to decline over the next 3 years (-1.8% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if MSGN's Return on Equity is forecast to be high in 3 years time
How has MSG Networks performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MSGN has high quality earnings.
Growing Profit Margin: MSGN's current net profit margins (24.3%) are lower than last year (26.3%).
Past Earnings Growth Analysis
Earnings Trend: MSGN's earnings have grown by 1.8% per year over the past 5 years.
Accelerating Growth: MSGN's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: MSGN had negative earnings growth (-10.4%) over the past year, making it difficult to compare to the Media industry average (6.6%).
Return on Equity
High ROE: MSGN's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
How is MSG Networks's financial position?
Financial Position Analysis
Short Term Liabilities: MSGN has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: MSGN has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: MSGN has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: MSGN's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: MSGN's debt is not well covered by operating cash flow (18.7%).
Interest Coverage: MSGN's interest payments on its debt are well covered by EBIT (7.6x coverage).
What is MSG Networks's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate MSGN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate MSGN'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 MSGN's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if MSGN'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 MSGN's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Andrea Greenberg (61yo)
Ms. Andrea Greenberg is the President and Chief Executive Officer of MSG Networks Inc. since 2015. Ms. Greenberg has more than 30 years of experience in the sports, entertainment and television industries. ...
CEO Compensation Analysis
Compensation vs Market: Andrea's total compensation ($USD6.30M) is above average for companies of similar size in the US market ($USD2.16M).
Compensation vs Earnings: Andrea's compensation has been consistent with company performance over the past year.
|Executive Chairman of the Board||11yrs||US$8.98m||8.46% $48.1m|
|President & CEO||4.83yrs||US$6.30m||0.25% $1.4m|
|Executive VP||4.83yrs||US$2.98m||0.15% $848.7k|
|Senior VP||4.83yrs||US$1.10m||0.056% $316.8k|
|Executive VP & General Counsel||10.5yrs||US$1.66m||no data|
|Senior Vice President of Investor Relations||5.58yrs||no data||no data|
|Vice Chairman||no data||no data||no data|
|Executive Vice President of Business Affairs||no data||no data||no data|
|Senior VP||no data||no data||no data|
Experienced Management: MSGN's management team is considered experienced (4.8 years average tenure).
|Executive Chairman of the Board||11yrs||US$8.98m||8.46% $48.1m|
|Independent Director||3.58yrs||US$183.60k||no data|
|Independent Director||4.92yrs||US$242.10k||no data|
|Independent Director||4.83yrs||US$237.10k||no data|
|Director||0.083yr||no data||no data|
Experienced Board: MSGN's board of directors are considered experienced (4.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: MSGN insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
MSG Networks Inc.'s company bio, employee growth, exchange listings and data sources
- Name: MSG Networks Inc.
- Ticker: MSGN
- Exchange: NYSE
- Founded: 1969
- Industry: Cable and Satellite
- Sector: Media
- Market Cap: US$568.808m
- Shares outstanding: 56.71m
- Website: https://www.msgnetworks.com
Number of Employees
- MSG Networks Inc.
- 11 Pennsylvania Plaza
- 3rd Floor
- New York
- New York
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|MSGN||NYSE (New York Stock Exchange)||Yes||Class A Common Stock||US||USD||Jan 2010|
|1M4||DB (Deutsche Boerse AG)||Yes||Class A Common Stock||DE||EUR||Jan 2010|
MSG Networks Inc. engages in the sports production, and content development and distribution businesses in the United States. The company owns and operates MSG Network and MSG+, which are regional sports and entertainment networks. It also operates MSG GO that provides live streaming and video on demand, as well as a Website and social media platforms for its brands. The company was formerly known as The Madison Square Garden Company and changed its name to MSG Networks Inc. in October 2015. MSG Networks Inc. was founded in 1969 and is based in New York, New York.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/07/14 23:56|
|End of Day Share Price||2020/07/14 00:00|