Madison Square Garden Entertainment Corp.
Madison Square Garden Entertainment Corp. is a Nevada corporation with its principal executive offices at Two Pennsylvania Plaza, New York, NY, 10121. Unless the context otherwise requires, all references to we, us, our, MSG Entertainment or the Company refer collectively to Madison Square Garden Entertainment Corp., a holding company, and its direct and indirect subsidiaries.
$80.33
-$0.35 (-0.43%)
Price from 2 days ago
13.34% operating margin is respectable but not wide. ROIC at 8.32%. Suggests the business covers its cost of capital, but doesn't point to a wide moat.
Revenue grew 12.5%, still solid.
At 58x earnings, the current multiple leaves limited room for execution misses or growth deceleration.
58.2x earnings, 11.9x FCF. The market is pricing in years of above-average growth. If that thesis breaks, downside from multiple compression alone could be 30%+. This is a stock where you're paying for the future, not the present.
Price History
Valuation & Multiples
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
$1.06B
▲ +12.5% YoY
Net Income (TTM)
$66M
▲ +76.8% YoY
Op. Margin
13.34%
▲ +0.4pp YoY
ROIC
8.32%
Cash Flow & Balance Sheet
FCF (TTM)
$323M
▲ +247.1% YoY
Op. Cash Flow (TTM)
$351M
▲ +204.8% YoY
Net Debt
$882M
Cash & Equiv.
$294M
5Y CAGR: +67.3%
Continue Research
SourceComputed from the 10-Q filed 12 Aug 2026, covering the period ending 30 Jun 2026, as reported to the SEC. Data last refreshed 13 Aug 2026. How this is calculated.
Price from market data, last close as of 21 Oct 2026. Fiscal year ends Jun. Sector medians are approximate S&P 500 benchmarks and update periodically.
Is Madison Square Garden Entertainment (MSGE) overvalued?
At a P/E of 58.2 and a price-to-free-cash-flow of 11.9, Madison Square Garden Entertainment (MSGE) trades below a two-stage DCF intrinsic value of about $321.39 per share, so at $80.33 the stock looks undervalued (300.1% below estimated intrinsic value). A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.
On quality, Madison Square Garden Entertainment scores 71/100 on Intrinsiqq's quality scorecard (a solid business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. All figures are computed from SEC filings; read the full methodology, or see how the market compares in our US profitability statistics. This is analysis, not investment advice.
Frequently asked
What is Madison Square Garden Entertainment's fair value?+
Intrinsiqq's two-stage DCF estimates an intrinsic value of about $321.39 per share for MSGE, projecting its recent free cash flow forward with a growth rate that fades toward a long-run rate and discounting it back to today. Applying a 25% margin of safety gives a more conservative fair-value entry around $241.04. At today's $80.33, that puts the stock about 300.1% below estimated intrinsic value. The result is sensitive to the growth and discount-rate inputs, so it is best to run conservative, base and optimistic cases. You can adjust all of them yourself with the sliders on the DCF tab.
Is Madison Square Garden Entertainment a high-quality business?+
Madison Square Garden Entertainment scores 71 out of 100 on Intrinsiqq's quality score, a weighted blend of 8 metrics each scored 0 to 100, which makes it a solid business on these measures. Recent fundamentals include a 13.3% operating margin and a 8.3% return on invested capital. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from SEC filings, not opinion. Because valuation only means something relative to quality, the full metric-by-metric breakdown is on the quality scorecard.
Is Madison Square Garden Entertainment a good stock to buy right now?+
That depends on valuation and quality together, not either alone. MSGE currently trades below its estimated intrinsic value and scores 71/100 on quality (solid). A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from SEC filings, not investment advice.
Related stocks: Services-Miscellaneous Amusement & Recreation
Spot a number that looks wrong? Check it in MSGE's SEC filings or
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Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
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