Financials Madison Square Garden Entertainment Corp.

Equities

MSGE

US5582561032

Entertainment Production

Market Closed - Nyse 04:00:02 2024-05-24 pm EDT 5-day change 1st Jan Change
35.53 USD -0.31% Intraday chart for Madison Square Garden Entertainment Corp. -4.18% +11.76%

Valuation

Fiscal Period: June 2023 2024 2025 2026
Capitalization 1 1,743 1,706 - -
Enterprise Value (EV) 1 2,326 2,346 2,244 2,164
P/E ratio 22.9 x 32.7 x 24.4 x 24.7 x
Yield - - - -
Capitalization / Revenue 2.05 x 1.81 x 1.71 x 1.62 x
EV / Revenue 2.73 x 2.48 x 2.24 x 2.05 x
EV / EBITDA 14.1 x 13.4 x 12.2 x 11.5 x
EV / FCF 19.3 x 16.7 x 14.5 x 13.4 x
FCF Yield 5.18% 5.98% 6.91% 7.49%
Price to Book -25.1 x -14.6 x -22.8 x 79.8 x
Nbr of stocks (in thousands) 51,859 48,025 - -
Reference price 2 33.62 35.53 35.53 35.53
Announcement Date 8/18/23 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: June 2023 2024 2025 2026
Net sales 1 851.5 945.2 1,001 1,055
EBITDA 1 165.5 175.5 184.1 188.1
EBIT 1 105 106.6 129.1 128.2
Operating Margin 12.33% 11.28% 12.9% 12.15%
Earnings before Tax (EBT) 1 77.77 50.58 72.94 72.92
Net income 1 76.6 50 71.03 71.57
Net margin 9% 5.29% 7.1% 6.78%
EPS 2 1.470 1.087 1.456 1.440
Free Cash Flow 1 120.5 140.2 155 162
FCF margin 14.15% 14.84% 15.49% 15.36%
FCF Conversion (EBITDA) 72.83% 79.91% 84.17% 86.13%
FCF Conversion (Net income) 157.32% 280.53% 218.23% 226.36%
Dividend per Share 2 - - - -
Announcement Date 8/18/23 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: June 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2 2025 Q3 2025 Q4
Net sales 1 201.2 147.9 142.2 402.7 228.3 169.2 150 427.3 238.2 182.6
EBITDA 1 39.46 -7.696 6.693 156.4 26.74 -1.355 -17.1 161 34.13 -5.687
EBIT 1 24.66 -21.79 -33.42 137.4 19.16 -17.37 -31.39 142.8 18.43 -20.78
Operating Margin 12.26% -14.73% -23.5% 34.13% 8.39% -10.27% -20.93% 33.4% 7.74% -11.38%
Earnings before Tax (EBT) 1 - -23.56 -51.33 126.3 2.797 -27.67 -54.15 125.7 -4.466 -30.16
Net income 1 - -24.48 -50.67 125.2 2.795 -26.94 -54.15 125.7 -4.466 -30.16
Net margin - -16.55% -35.63% 31.1% 1.22% -15.92% -36.11% 29.41% -1.87% -16.52%
EPS 2 - -0.4700 -1.000 2.590 0.0600 -0.5446 -0.9389 2.642 0.0689 -0.6226
Dividend per Share 2 - - - - - - - - - -
Announcement Date 5/18/23 8/18/23 11/7/23 2/7/24 5/9/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: June 2023 2024 2025 2026
Net Debt 1 583 639 538 458
Net Cash position 1 - - - -
Leverage (Debt/EBITDA) 3.523 x 3.643 x 2.921 x 2.435 x
Free Cash Flow 1 121 140 155 162
ROE (net income / shareholders' equity) - - - 219%
ROA (Net income/ Total Assets) 3.9% 5.24% 5.28% 5.51%
Assets 1 1,964 953.5 1,346 1,300
Book Value Per Share 2 -1.340 -2.440 -1.560 0.4500
Cash Flow per Share 2 2.600 2.300 2.460 2.000
Capex 1 15.2 23 20.3 17.5
Capex / Sales 1.78% 2.43% 2.02% 1.66%
Announcement Date 8/18/23 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
8
Last Close Price
35.53 USD
Average target price
42.43 USD
Spread / Average Target
+19.42%
Consensus
  1. Stock Market
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  3. MSGE Stock
  4. Financials Madison Square Garden Entertainment Corp.