# Madison Square Garden Entertainment Corp. (MSGE) fundamentals

Data as of 2026-09-08. NYSE, United States. Sector: Communication Services / Entertainment. Price $77.41, market value $3.7 billion.

## Valuation
- **P/E (trailing): 56.1×** (5-yr avg 36.2×, 3-yr avg 40.7×). Madison Square Garden Entertainment Corp. trades at 56.1× trailing earnings, well above its own five-year average of 36.2×: investors are paying up relative to the company's past. The Communication Services median in the September 2026 study was 21.1×. Forward P/E is 26.6×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 0.34**. A PEG of 0.34 means the P/E is low relative to expected earnings growth: the market is not paying much for that growth.
- **Price / sales: 3.7×**. Each dollar of revenue is priced at 3.7×.
- **Price / book: 80.0×**. The shares trade at 80.0× book value; most of the value is in earnings power and intangibles rather than the balance sheet.
- **EV / EBITDA: 19.9×**. Enterprise value is 19.9× operating earnings before depreciation, the multiple that ignores how the company is financed.
- **Earnings yield: 1.8%**. The inverse of the P/E: 1.8% of the price is earned each year.

## Profitability
- **Operating margin: 14.4%**. 14.4% of revenue is left after running the business.
- **Net margin: 6.2%**. 6.2% of each dollar of sales reaches the bottom line.
- **Return on equity: 144.6%**. A 144.6% return on equity is extremely high; check whether buybacks or debt have shrunk the equity base, which flatters the ratio.
- **Return on invested capital: 34.6%**. Return on all capital, debt included, is 34.6%: comfortably above what that capital costs.
- **Return on assets: 3.4%**. Each dollar of assets produces 3.4% of profit.

## Growth
- **Revenue growth (1 yr): 22.9%** (3-yr 10.8%/yr, 5-yr 79.1%/yr). Revenue grew 22.9% over the last year, against 79.1% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): 79.2%** (3-yr -2.1%/yr). Earnings per share rose 79.2%, faster than revenue, so margins expanded or the share count shrank.

## Financial health
- **Debt to equity: 12.47**. Debt is 12.47 times equity, a leveraged balance sheet that needs steady cash flow to service.
- **Net debt / EBITDA: 1.4×**. It would take 1.4 years of operating earnings to repay net borrowings, within the comfortable range.
- **Current ratio: 0.70** (quick 0.70). 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: 1.85**. A Z-score of 1.85 is in the grey zone; not distressed, not clearly safe.
- **Piotroski F-score: 7/9**. 7 of 9 fundamental checks pass: strong and improving financials.

## Dividends
- **Dividend: none**. Madison Square Garden Entertainment Corp. does not currently pay a dividend.

## Price and momentum
- **Total return (1 yr): 91.3%** (YTD 43.6%, 3-mo 7.4%). The shares are up 91.3% over twelve months including dividends.
- **From 52-week high: -14.4%** (88.7% above the low). Trading 14% 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): 45**. An RSI of 45 is neutral.
- **Beta (1 yr): 0.73** (volatility 31%). Beta of 0.73 against the S&P 500: the shares move roughly with the market.

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

Not investment advice.