# Manchester United Ltd. (MANU) fundamentals

Data as of 2026-11-04. NYSE, United States. Sector: Consumer Cyclical / Hospitality & Leisure. Price $21.51, market value $3.7 billion.

## Valuation
- **P/E (trailing): n/a** (negative earnings). Manchester United Ltd. reported negative earnings over the last twelve months, so the P/E is not meaningful; use price-to-sales, EV/EBITDA and free-cash-flow yield instead.
- **Price / sales: 4.1×**. Each dollar of revenue is priced at 4.1×.
- **Price / book: 18.4×**. The shares trade at 18.4× book value; most of the value is in earnings power and intangibles rather than the balance sheet.
- **EV / EBITDA: 14.5×**. Enterprise value is 14.5× operating earnings before depreciation, the multiple that ignores how the company is financed.
- **Free-cash-flow yield: -7.2%** (5-yr avg 2.6%). Free cash flow is negative: the business is consuming cash, which is normal for heavy investment phases but a warning otherwise.

## Profitability
- **Operating margin: -1.8%**. Operating margin is negative: the business loses money before interest and tax.
- **Net margin: -6.3%**. The company reported a net loss over the last twelve months.
- **Return on equity: -28.6%**. Return on equity is negative because earnings are negative.
- **Return on invested capital: -1.5%**. Return on all capital, debt included, is -1.5%: close to or below the cost of capital, so growth may not create value.
- **Return on assets: -2.8%**. Each dollar of assets produces -2.8% of profit.

## Growth
- **Revenue growth (1 yr): 1.7%** (3-yr 1.5%/yr, 5-yr 6.5%/yr). Revenue grew 1.7% over the last year, against 6.5% a year compounded over five years: growth is slowing.

## Financial health
- **Debt to equity: 4.60**. Debt is 4.60 times equity, a leveraged balance sheet that needs steady cash flow to service.
- **Net debt / EBITDA: 2.7×**. It would take 2.7 years of operating earnings to repay net borrowings, within the comfortable range.
- **Interest coverage: -0.3×**. Operating profit covers interest only -0.3×: fragile.
- **Current ratio: 0.33** (quick 0.31). Current liabilities exceed current assets, so the company depends on ongoing cash generation or refinancing to pay the next year's bills.
- **Altman Z-score: 1.80**. A Z-score of 1.80 is in the distress zone, a signal to examine the balance sheet closely.
- **Piotroski F-score: 3/9**. 3 of 9 checks pass: weak or deteriorating financials.

## Dividends
- **Dividend: none**. Manchester United Ltd. does not currently pay a dividend.

## Price and momentum
- **Total return (1 yr): 28.7%** (YTD 34.5%, 3-mo -5.3%). The shares are up 28.7% over twelve months including dividends.
- **From 52-week high: -12.0%** (44.8% above the low). Trading 12% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 61**. An RSI of 61 is neutral.
- **Beta (1 yr): 0.71** (volatility 33%). Beta of 0.71 against the S&P 500: the shares move roughly with the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=MANU · Page: https://foliofundamentals.com/stocks/manu

Not investment advice.