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Madison Square Garden Sports (FRA:MS8) Cyclically Adjusted Price-to-FCF : 294.83 (As of Jun. 09, 2024)


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What is Madison Square Garden Sports Cyclically Adjusted Price-to-FCF?

As of today (2024-06-09), Madison Square Garden Sports's current share price is €171.00. Madison Square Garden Sports's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €0.58. Madison Square Garden Sports's Cyclically Adjusted Price-to-FCF for today is 294.83.

The historical rank and industry rank for Madison Square Garden Sports's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

FRA:MS8' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 223.95   Med: 301.05   Max: 371.08
Current: 295.52

During the past years, Madison Square Garden Sports's highest Cyclically Adjusted Price-to-FCF was 371.08. The lowest was 223.95. And the median was 301.05.

FRA:MS8's Cyclically Adjusted Price-to-FCF is ranked worse than
97.27% of 366 companies
in the Media - Diversified industry
Industry Median: 16.135 vs FRA:MS8: 295.52

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Madison Square Garden Sports's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €0.151. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is €0.58 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Madison Square Garden Sports Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Madison Square Garden Sports's Cyclically Adjusted Price-to-FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Madison Square Garden Sports Cyclically Adjusted Price-to-FCF Chart

Madison Square Garden Sports Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 250.10

Madison Square Garden Sports Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Price-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 330.78 250.10 358.28 291.83 290.59

Competitive Comparison of Madison Square Garden Sports's Cyclically Adjusted Price-to-FCF

For the Entertainment subindustry, Madison Square Garden Sports's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Madison Square Garden Sports's Cyclically Adjusted Price-to-FCF Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Madison Square Garden Sports's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Madison Square Garden Sports's Cyclically Adjusted Price-to-FCF falls into.



Madison Square Garden Sports Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Madison Square Garden Sports's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=171.00/0.58
=294.83

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Madison Square Garden Sports's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Madison Square Garden Sports's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.151/131.7762*131.7762
=0.151

Current CPI (Mar. 2024) = 131.7762.

Madison Square Garden Sports Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.000 100.560 0.000
201409 -1.427 100.428 -1.872
201412 1.386 99.070 1.844
201503 -1.076 99.621 -1.423
201506 1.379 100.684 1.805
201509 -1.931 100.392 -2.535
201512 3.980 99.792 5.256
201603 -1.189 100.470 -1.559
201606 1.166 101.688 1.511
201609 -1.111 101.861 -1.437
201612 4.640 101.863 6.003
201703 -0.485 102.862 -0.621
201706 3.910 103.349 4.985
201709 -1.838 104.136 -2.326
201712 -0.832 104.011 -1.054
201803 2.759 105.290 3.453
201806 0.711 106.317 0.881
201809 -3.134 106.507 -3.878
201812 1.259 105.998 1.565
201903 1.210 107.251 1.487
201906 -0.284 108.070 -0.346
201909 -4.848 108.329 -5.897
201912 0.640 108.420 0.778
202003 -4.560 108.902 -5.518
202006 -4.723 108.767 -5.722
202009 -2.031 109.815 -2.437
202012 1.219 109.897 1.462
202103 -1.140 111.754 -1.344
202106 0.653 114.631 0.751
202109 -0.685 115.734 -0.780
202112 1.567 117.630 1.755
202203 1.477 121.301 1.605
202206 4.395 125.017 4.633
202209 0.042 125.227 0.044
202212 1.167 125.222 1.228
202303 3.216 127.348 3.328
202306 1.437 128.729 1.471
202309 -2.132 129.860 -2.163
202312 1.268 129.419 1.291
202403 0.151 131.776 0.151

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Madison Square Garden Sports  (FRA:MS8) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Madison Square Garden Sports Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Madison Square Garden Sports's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Madison Square Garden Sports (FRA:MS8) Business Description

Traded in Other Exchanges
Address
Two Penn Plaza, New York, NY, USA, 10121
Madison Square Garden Sports Corp is engaged in live sports and entertainment business. The Company's reportable segment: MSG Entertainment consists of live entertainment events, including concerts and other live events, such as family shows, performing arts and special events.

Madison Square Garden Sports (FRA:MS8) Headlines

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