Madison Square Garden Entertainment Corp. (MSGE) is a publicly traded company in the Communication Services — Entertainment industry listed on NYSE. This overview shows the latest price, key valuation ratios, profitability metrics and financial-health indicators used by fundamental investors.
Madison Square Garden Entertainment Corp., founded in New York, New York, in 2006, operates within the entertainment sector. The company specializes in producing, presenting, and hosting a diverse array of live events. This includes concerts, family-oriented shows, and various special events, as well as sporting competitions such as professional boxing, collegiate basketball and hockey, professional bull riding, mixed martial arts, esports, and wrestling.
Is Madison Square Garden Entertainment Corp. stock overvalued or undervalued in 2026?
Madison Square Garden Entertainment Corp. (MSGE) trades at 58.2× earnings (P/E), above the median of the 80 communication companies over $2bn in Kaplio's universe. At its sector median (20.0×) $28 (-66 %).
Kaplio overview: Madison Square Garden Entertainment Corp.
Market cap $4B · 52 weeks $44 – $88 (9 % below the high) · P/E 58.2× · 2027 expected P/E 32.7× · Dividend none · Next earnings November 4, 2026 · expected EPS $-0.05 · Closing price, Oct 30 · accounts published Aug 12.
- Valuation: P/E 58.2× (expensive).
- Business: EBITDA margin 25.8 % (solid).
- Balance sheet: Net debt/EBITDA 1.3× (solid).
- Earnings: 3 of 8 (disappointing).
What would it be worth at its usual multiples?
At its sector median (20.0×) $28 (-66 %). Implied price from applying the reference multiples to today's earnings (or book value, or FFO) per share. Not a fair value: it is where the stock would trade at its usual multiples.
What matters in communication: 5 of 6 pass
- FCF yield 2.2 %, fails.
- 3y revenue growth 10.2 %, passes.
- EBITDA margin 25.8 %, passes.
- Capex / Revenue 1.8 %, passes.
- Net debt / EBITDA 1.3×, passes.
- EV/EBITDA vs own 5y 15.3×, passes.
- Payout on FCF n/a: it pays no dividend, info.
Against its peers (reference peers) — Madison Square Garden Entertainment Corp.: P/E 58.2×; EV/EBITDA —; ROIC 2.5 %; $3.8B. Sphere Entertainment Co. (P/E —; EV/EBITDA 23.5×; ROIC -0.8 %; $3.9B), IMAX Corporation (P/E 69.7×; EV/EBITDA 21.9×; ROIC 9.3 %; $2.8B), Lionsgate Studios Corp. (P/E —; EV/EBITDA 6.0×; ROIC 4.0 %; $3.7B).
Profitability
| Return on Equity | 5.95% |
| Return on Invested Capital | 2.53% |
| Return on Assets | 1.64% |
| Gross Margin | 45.11% |
| Operating Margin | 13.34% |
| Net Margin | 6.24% |
Financial Health
| Debt / Equity | 0.41 |
| Current Ratio | 1.22 |
| Piotroski F-Score | 8 |
| Altman Z-Score | 1.62 |
Price Performance
| 1 month | +0.37% |
| 3 months | +4.00% |
| Year-to-date | +49.10% |
| 1 year | +81.95% |
| 3 years | +172.19% |
| 5 years | +8.67% |
Related companies: SPHR · LION · IHS · IMAX · WLY
Explore sector: Communication Services · Entertainment
More sections of MSGE: Financials · Valuation · Statistics · Estimates · Technical · Ownership · News · Events
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