Madison Square Garden Sports Corp.

NYSE:MSGS Stock Report

Market Cap: US$5.2b

Madison Square Garden Sports Valuation

Is MSGS undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of MSGS when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
US$30.31
Fair Value
625.1% overvalued intrinsic discount
5
Number of Analysts

Below Fair Value: MSGS ($219.75) is trading above our estimate of fair value ($30.31)

Significantly Below Fair Value: MSGS is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for MSGS?

Key metric: As MSGS is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for MSGS. This is calculated by dividing MSGS's market cap by their current earnings.
What is MSGS's PE Ratio?
PE Ratio75.3x
EarningsUS$70.05m
Market CapUS$5.21b

Price to Earnings Ratio vs Peers

How does MSGS's PE Ratio compare to its peers?

The above table shows the PE ratio for MSGS vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average41.6x
CNK Cinemark Holdings
14.7x9.1%US$3.4b
EDR Endeavor Group Holdings
105.7x41.8%US$14.5b
WMG Warner Music Group
36.2x20.2%US$15.7b
MSGE Madison Square Garden Entertainment
10x-25.1%US$1.7b
MSGS Madison Square Garden Sports
75.3x-8.5%US$5.2b

Price-To-Earnings vs Peers: MSGS is expensive based on its Price-To-Earnings Ratio (75.3x) compared to the peer average (41.6x).

Price to Earnings Ratio vs Industry

How does MSGS's PE Ratio compare vs other companies in the US Entertainment Industry?

8 CompaniesPrice / EarningsEstimated GrowthMarket Cap
DDI DoubleDown Interactive
4.5x0.3%US$519.32m
RDBX Redbox Entertainment
1.2x-121.8%US$76.65m
GMM Global Mofy AI
0.9xn/aUS$11.34m
MSGM Motorsport Games
0.9xn/aUS$4.36m
MSGS 75.3xIndustry Avg. 19.3xNo. of Companies8PE020406080100+
8 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: MSGS is expensive based on its Price-To-Earnings Ratio (75.3x) compared to the US Entertainment industry average (19.3x).

Price to Earnings Ratio vs Fair Ratio

What is MSGS's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

MSGS PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio75.3x
Fair PE Ratio13.4x

Price-To-Earnings vs Fair Ratio: MSGS is expensive based on its Price-To-Earnings Ratio (75.3x) compared to the estimated Fair Price-To-Earnings Ratio (13.4x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst MSGS forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$219.75
US$264.80
+20.5%
10.3%US$314.00US$240.00n/a5
Jan ’26US$225.68
US$264.80
+17.3%
10.3%US$314.00US$240.00n/a5
Dec ’25US$229.95
US$255.60
+11.2%
11.8%US$314.00US$230.00n/a5
Nov ’25US$220.99
US$254.60
+15.2%
12.1%US$314.00US$230.00n/a5
Oct ’25US$208.82
US$245.80
+17.7%
9.1%US$285.00US$220.00n/a5
Sep ’25US$209.05
US$245.80
+17.6%
9.1%US$285.00US$220.00n/a5
Aug ’25US$200.24
US$246.80
+23.3%
8.9%US$285.00US$220.00n/a5
Jul ’25US$192.40
US$246.80
+28.3%
8.9%US$285.00US$220.00n/a5
Jun ’25US$184.65
US$246.80
+33.7%
8.9%US$285.00US$220.00n/a5
May ’25US$185.76
US$243.45
+31.1%
8.6%US$285.00US$220.00n/a6
Apr ’25US$183.61
US$243.45
+32.6%
8.6%US$285.00US$220.00n/a6
Mar ’25US$189.07
US$245.60
+29.9%
9.1%US$285.00US$220.00n/a5
Feb ’25US$186.30
US$244.60
+31.3%
9.3%US$285.00US$220.00n/a5
Jan ’25US$181.83
US$244.60
+34.5%
9.3%US$285.00US$220.00US$225.685
Dec ’24US$171.27
US$244.60
+42.8%
9.3%US$285.00US$220.00US$229.955
Nov ’24US$167.65
US$244.20
+45.7%
9.3%US$285.00US$220.00US$220.995
Oct ’24US$176.30
US$244.20
+38.5%
9.3%US$285.00US$220.00US$208.825
Sep ’24US$178.95
US$244.20
+36.5%
9.3%US$285.00US$220.00US$209.055
Aug ’24US$208.94
US$244.20
+16.9%
9.3%US$285.00US$220.00US$200.245
Jul ’24US$188.05
US$240.00
+27.6%
9.6%US$285.00US$220.00US$192.405
Jun ’24US$177.80
US$240.00
+35.0%
9.6%US$285.00US$220.00US$184.655
May ’24US$204.97
US$226.80
+10.7%
8.7%US$260.00US$200.00US$185.765
Apr ’24US$194.85
US$226.80
+16.4%
8.7%US$260.00US$200.00US$183.615
Mar ’24US$192.71
US$226.80
+17.7%
8.7%US$260.00US$200.00US$189.075
Feb ’24US$183.60
US$222.83
+21.4%
6.9%US$244.00US$200.00US$186.306
Jan ’24US$183.33
US$222.83
+21.5%
6.9%US$244.00US$200.00US$181.836
Analyst Price Target
Consensus Narrative from 5 Analysts
US$264.80
Fair Value
17.0% undervalued intrinsic discount
5
Number of Analysts

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

Discover undervalued companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/21 02:08
End of Day Share Price 2025/01/21 00:00
Earnings2024/09/30
Annual Earnings2024/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Madison Square Garden Sports Corp. is covered by 24 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Richard TulloAlbert Fried & Company, LLC
Ishan MajumdarBaptista Research
David JoyceBarclays