MSG Networks Inc (MSGN) Files 10-K for the Fiscal Year Ended on June 30, 2018

MSG Networks Inc (MSGN, Financial) files its latest 10-K with SEC for the fiscal year ended on June 30, 2018. MSG Networks Inc is engaged in content development and distribution. It owns and operates two award-winning regional sports and entertainment networks, MSG Network and MSG+. MSG Networks Inc has a market cap of $1.78 billion; its shares were traded at around $23.70 with a P/E ratio of 6.37 and P/S ratio of 2.62. MSG Networks Inc had annual average EBITDA growth of 3.30% over the past five years.

For the last quarter MSG Networks Inc reported a revenue of $171.4 million, compared with the revenue of $162.9 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $696.7 million, an increase of 3.2% from last year. For the last five years MSG Networks Inc had an average revenue decline of 7% a year.

The reported diluted earnings per share was $3.81 for the year, an increase of 72.4% from previous year. Over the last five years MSG Networks Inc had an EPS growth rate of 4.1% a year. The MSG Networks Inc had a decent operating margin of 44.95%, compared with the operating margin of 46.39% a year before. The 10-year historical median operating margin of MSG Networks Inc is 12.73%. The profitability rank of the company is 5 (out of 10).

At the end of the fiscal year, MSG Networks Inc has the cash and cash equivalents of $205.3 million, compared with $141.1 million in the previous year. The long term debt was $1.1 billion, compared with $1.2 billion in the previous year. The interest coverage to the debt is 7.2. MSG Networks Inc has a financial strength rank of 4 (out of 10).

At the current stock price of $23.70, MSG Networks Inc is traded at 139.6% premium to its historical median P/S valuation band of $9.89. The P/S ratio of the stock is 2.62, while the historical median P/S ratio is 1.09. The stock gained 17.04% during the past 12 months.

For the complete 20-year historical financial data of MSGN, click here.