MSGE (Madison Square Garden Entertainment) EV-to-EBIT: 37.24 (As of Jul. 22, 2026) — 49% Above Median

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MSGE Madison Square Garden Entertainment Corp MSGE
74 GF Score
Price $77.58
GF Value $43.28
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Madison Square Garden Entertainment EV-to-EBIT?

Madison Square Garden Entertainment MSGE +1.46% 74 EV-to-EBIT is 37.24 as of Jul. 22, 2026, which is 49% above its 10-year median of 24.99. GuruFocus rates MSGE with a GF Score™ of 74/100 and a GF Value™ of $43.28 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 643 Media - Diversified companies, Madison Square Garden Entertainment ranks worse than 83.51% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Madison Square Garden Entertainment's Enterprise Value is $4,534 Mil. Madison Square Garden Entertainment's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $122 Mil. Therefore, Madison Square Garden Entertainment's EV-to-EBIT for today is 37.24.

The historical rank and industry rank for Madison Square Garden Entertainment's EV-to-EBIT or its related term are showing as below:

MSGE' s EV-to-EBIT Range Over the Past 10 Years
Min: 18.48   Med: 24.99   Max: 38.84
Current: 37.24

During the past 6 years, the highest EV-to-EBIT of Madison Square Garden Entertainment was 38.84. The lowest was 18.48. And the median was 24.99.

MSGE's EV-to-EBIT is ranked worse than
83.51% of 643 companies
in the Media - Diversified industry
Industry Median: 10.57 vs MSGE: 37.24

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Madison Square Garden Entertainment's Enterprise Value for the quarter that ended in Mar. 2026 was $3,650 Mil. Madison Square Garden Entertainment's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $122 Mil. Madison Square Garden Entertainment's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 3.34%.


Madison Square Garden Entertainment  (NYSE:MSGE) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Madison Square Garden Entertainment's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2026 ) =EBIT / Enterprise Value (Q: Mar. 2026 )
=121.747/3649.77417
=3.34 %

Madison Square Garden Entertainment's Enterprise Value for the quarter that ended in Mar. 2026 was $3,650 Mil.
Madison Square Garden Entertainment's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $122 Mil.

* 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 Entertainment EV-to-EBIT Related Terms


Madison Square Garden Entertainment EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Madison Square Garden Entertainment's EV-to-EBIT 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.

Madison Square Garden Entertainment EV-to-EBIT Chart

Madison Square Garden Entertainment Annual Data
Trend Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
EV-to-EBIT
Get a 7-Day Free Trial 0.00 0.00 19.62 24.33 26.32

Madison Square Garden Entertainment Quarterly Data
Jun21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-EBIT 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 19.73 26.32 31.47 27.33 29.98

MSGE vs CNK, MANU, BATRA: EV-to-EBIT Comparison

For the Entertainment subindustry, Madison Square Garden Entertainment's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 Entertainment EV-to-EBIT vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Madison Square Garden Entertainment's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Madison Square Garden Entertainment's EV-to-EBIT falls into.


MSGE
74GF Score
Madison Square Garden Entertainment Corp MSGE
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Madison Square Garden Entertainment EV-to-EBIT Calculation

Madison Square Garden Entertainment's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=4534.037/121.747
=37.24

Madison Square Garden Entertainment's current Enterprise Value is $4,534 Mil.
Madison Square Garden Entertainment's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $122 Mil.

* 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.

Frequently Asked Questions Learn more about EV-to-EBIT →
What does a EV-to-EBIT of 37.24 mean?
Madison Square Garden Entertainment (MSGE) has a EV-to-EBIT of 37.24 as of Jul. 22, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Madison Square Garden Entertainment and its competitors. This is 49% above median its historical median of 24.99. Over the past decade, Madison Square Garden Entertainment's EV-to-EBIT has ranged from 18.48 to 38.84. According to the industry distribution chart, Madison Square Garden Entertainment ranks #537 out of 643 companies in the Media - Diversified industry, placing it in the top 83.5%.
Is Madison Square Garden Entertainment's EV-to-EBIT too high?
Madison Square Garden Entertainment's current EV-to-EBIT of 37.24 is 49% above median its 10-year median of 24.99. Over the past 10 years, this metric has ranged from a low of 18.48 to a high of 38.84. The Media - Diversified industry median EV-to-EBIT is 10.57. Madison Square Garden Entertainment's value of 37.24 is 252.3% above this industry median. Based on the distribution chart, Madison Square Garden Entertainment ranks #537 out of 643 companies in the Media - Diversified industry, which is in the bottom quartile relative to peers. Overall, Madison Square Garden Entertainment has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Madison Square Garden Entertainment's EV-to-EBIT compare to CNK and MANU?
According to the Media - Diversified industry distribution chart, Madison Square Garden Entertainment ranks #537 out of 643 companies for EV-to-EBIT. This places Madison Square Garden Entertainment in the lower half of its industry. The industry median EV-to-EBIT is 10.57. Madison Square Garden Entertainment's value of 37.24 is 252.3% above this benchmark. Historically, Madison Square Garden Entertainment's own EV-to-EBIT has ranged from 18.48 to 38.84 over the past decade. While the company's 10-year median is 24.99 vs. the industry median of 10.57, Madison Square Garden Entertainment has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for a Media - Diversified company?
The median EV-to-EBIT among Media - Diversified companies is 10.57, based on 643 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Madison Square Garden Entertainment's current EV-to-EBIT of 37.24 is 252.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Madison Square Garden Entertainment and its competitors. For the Media - Diversified industry, the median EV-to-EBIT is 10.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Madison Square Garden Entertainment's current EV-to-EBIT is 37.24, which is 49% above median its own 10-year median of 24.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Madison Square Garden Entertainment stock overvalued right now?
Based on GuruFocus' analysis, Madison Square Garden Entertainment (MSGE) is currently considered Significantly Overvalued. The stock's GF Value™ is $43.28, compared to a current price of $77.58 — trading 79.3% above its estimated fair value. The current EV-to-EBIT is 37.24, which is 49% above median its 10-year median of 24.99 and 252.3% above the Media - Diversified industry median of 10.57. Madison Square Garden Entertainment's overall GF Score™ is 74/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Madison Square Garden Entertainment (MSGE), the current EV-to-EBIT is 37.24 as of Jul. 22, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Madison Square Garden Entertainment (MSGE) Overvalued in 2026?

Based on GuruFocus' analysis, Madison Square Garden Entertainment stock appears to be overvalued. The current stock price of $77.58 is trading 79.3% above its estimated GF Value™ of $43.28. GuruFocus considers Madison Square Garden Entertainment to be Significantly Overvalued.

Key valuation signals for MSGE:

  • EV-to-EBIT: 37.24 (49% above median its 10-year median of 24.99)
  • GF Value™: $43.28 vs. price of $77.58 (79.3% above fair value)
  • GF Score™: 74/100 with 8 warning signs
  • Industry Position: 252.3% above the Media - Diversified median (#537 of 643)

No single metric tells the full story. See the MSGE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Madison Square Garden Entertainment Business Description

Address Two Penn Plaza, New York, NY, USA, 10121
Madison Square Garden Entertainment Corp provides live entertainment, delivering unforgettable experiences while forging deep connections with diverse and passionate audiences. The company's portfolio includes a collection of world-renowned venues - New York's Madison Square Garden, The Theater at Madison Square Garden, Radio City Music Hall, and Beacon Theatre; and The Chicago Theatre - that showcase a broad array of sporting events, concerts, family shows, and special events for millions of guests annually. In addition, the company features the original production, the Christmas Spectacular Starring the Radio City Rockettes, which has been a holiday tradition for 89 years.
74GF Score

Get the complete analysis for MSGE

EV-to-EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$77.58
Price
$43.28
GF Value