GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » MSG Networks Inc (NYSE:MSGN) » Definitions » Enterprise Value

MSG Networks (MSG Networks) Enterprise Value : $1,555.2 Mil (As of May. 05, 2024)


View and export this data going back to 2010. Start your Free Trial

What is MSG Networks Enterprise Value?

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, MSG Networks's Enterprise Value is $1,555.2 Mil. MSG Networks's EBIT for the trailing twelve months (TTM) ended in Mar. 2021 was $288.9 Mil. Therefore, MSG Networks's EV-to-EBIT ratio for today is 5.38.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, MSG Networks's Enterprise Value is $1,555.2 Mil. MSG Networks's EBITDA for the trailing twelve months (TTM) ended in Mar. 2021 was $296.4 Mil. Therefore, MSG Networks's EV-to-EBITDA ratio for today is 5.25.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, MSG Networks's Enterprise Value is $1,555.2 Mil. MSG Networks's Revenue for the trailing twelve months (TTM) ended in Mar. 2021 was $633.6 Mil. Therefore, MSG Networks's EV-to-Revenue ratio for today is 2.45.


MSG Networks Enterprise Value Historical Data

The historical data trend for MSG Networks's Enterprise Value 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.

MSG Networks Enterprise Value Chart

MSG Networks Annual Data
Trend Dec10 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,507.82 2,857.43 2,771.90 2,344.51 1,467.71

MSG Networks Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
Enterprise Value 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 1,546.80 1,467.71 1,383.82 1,641.57 1,604.86

Competitive Comparison of MSG Networks's Enterprise Value

For the Entertainment subindustry, MSG Networks's Enterprise Value, along with its competitors' market caps and Enterprise Value 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.


MSG Networks's Enterprise Value Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, MSG Networks's Enterprise Value distribution charts can be found below:

* The bar in red indicates where MSG Networks's Enterprise Value falls into.



MSG Networks Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

MSG Networks's Enterprise Value for the fiscal year that ended in Jun. 2020 is calculated as

MSG Networks's Enterprise Value for the quarter that ended in Mar. 2021 is calculated as

* 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.


MSG Networks  (NYSE:MSGN) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

MSG Networks's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=1555.231/288.923
=5.38

MSG Networks's current Enterprise Value is $1,555.2 Mil.
MSG Networks's EBIT for the trailing twelve months (TTM) ended in Mar. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $288.9 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

MSG Networks's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=1555.231/296.426
=5.25

MSG Networks's current Enterprise Value is $1,555.2 Mil.
MSG Networks's EBITDA for the trailing twelve months (TTM) ended in Mar. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $296.4 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

MSG Networks's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=1555.231/633.569
=2.45

MSG Networks's current Enterprise Value is $1,555.2 Mil.
MSG Networks's Revenue for the trailing twelve months (TTM) ended in Mar. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $633.6 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.


MSG Networks Enterprise Value Related Terms

Thank you for viewing the detailed overview of MSG Networks's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.


MSG Networks (MSG Networks) Business Description

Traded in Other Exchanges
N/A
Address
11 Pennsylvania Plaza, 3rd Floor, New York, NY, USA, 10001
MSG Networks Inc is engaged in sports production, and content development and distribution. The company owns and operates two regional sports and entertainment networks, MSG Network and MSG+, collectively MSG Networks. Its networks are distributed throughout its territory, which includes all of New York State and significant portions of New Jersey and Connecticut, as well as parts of Pennsylvania. The company generates revenues from affiliate fees charged to distributors for the right to carry its programming networks, as well as from the sale of advertising.
Executives
Stephen Mills director TWO PENNSYLVANIA PLAZA, NEW YORK NY 10121
Lawrence J. Burian officer: EVP and General Counsel TWO PENN PLAZA, NEW YORK NY 10121
Dawn Darino-gorski officer: SVP, Controller & PAO 11 PENNSYLVANIA PLAZA NEW YORK NY 10001
Andrea Greenberg officer: President and CEO 11 PENNSYLVANIA PLAZA, NEW YORK NY 10001
Bret Richter officer: EVP, CFO & Treasurer 11 PENNSYLVANIA PLAZA, NEW YORK NY 10001
James Lawrence Dolan director, 10 percent owner, officer: Executive Chairman, other: Member of 13D Group BAKER BOTTS L.L.P., 30 ROCKEFELLER PLAZA, NEW YORK NY 10112
Kristin A Dolan director, 10 percent owner C/O MSG TWO PENN PLAZA, 26TH FLOOR, NEW YORK NY 10121
Aidan J Dolan director 11 PENN PLAZA, NEW YORK NY 10001
Joseph Cohen director TWO PENNSYLVANIA PLAZA, NEW YORK NY 10121
Quentin F Dolan director 11 PENNSYLVANIA PLAZA, NEW YORK NY 10001
Hank Ratner director 1111 STEWART AVE C/O CABLEVISON BETHPAGE NY 11714-3581
John L Sykes director 2 PENNSYLVANIA PLAZA, NEW YORK NY 10121
Joel M. Litvin director TWO PENNSYLVANIA PLAZA, NEW YORK NY 10011
Paul Joseph Dolan director, other: Trustee of Member of 13D Group TWO PENNSYLVANIA PLAZA, NEW YORK NY 10121
Joseph Lhota director TWO PENNSYLVANIA PLAZA, NEW YORK NY 10121

MSG Networks (MSG Networks) Headlines