MSGE (Madison Square Garden Entertainment) EV-to-FCF: 14.24 (As of Jul. 06, 2026) — 39% Below Median


MSGE Madison Square Garden Entertainment Corp MSGE
68 GF Score
Price $75.87
GF Value $43.18
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Madison Square Garden Entertainment EV-to-FCF?

Madison Square Garden Entertainment MSGE -3.21% 68 EV-to-FCF is 14.24 as of Jul. 06, 2026, which is 39% below its 10-year median of 23.37. GuruFocus rates MSGE with a GF Score™ of 68/100 and a GF Value™ of $43.18 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 610 Media - Diversified companies, Madison Square Garden Entertainment ranks worse than 56.89% on this metric.

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Madison Square Garden Entertainment's Enterprise Value is $4,453 Mil. Madison Square Garden Entertainment's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $313 Mil. Therefore, Madison Square Garden Entertainment's EV-to-FCF for today is 14.24.

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

MSGE' s EV-to-FCF Range Over the Past 10 Years
Min: 12.05   Med: 23.37   Max: 57.31
Current: 14.24

During the past 6 years, the highest EV-to-FCF of Madison Square Garden Entertainment was 57.31. The lowest was 12.05. And the median was 23.37.

MSGE's EV-to-FCF is ranked worse than
56.89% of 610 companies
in the Media - Diversified industry
Industry Median: 11.69 vs MSGE: 14.24

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

As of today (2026-07-06), Madison Square Garden Entertainment's stock price is $75.87. Madison Square Garden Entertainment's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was $1.020. Therefore, Madison Square Garden Entertainment's PE Ratio (TTM) for today is 74.38.


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

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Madison Square Garden Entertainment's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=75.87/1.020
=74.38

Madison Square Garden Entertainment's share price for today is $75.87.
Madison Square Garden Entertainment's Earnings per Share (Diluted) 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 $1.020.

* 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.

Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.


Madison Square Garden Entertainment EV-to-FCF Related Terms


Madison Square Garden Entertainment EV-to-FCF Historical Data

* Premium members only.

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

Madison Square Garden Entertainment EV-to-FCF Chart

Madison Square Garden Entertainment Annual Data
Trend Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
EV-to-FCF
Get a 7-Day Free Trial 0.00 0.00 21.10 30.80 32.82

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-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 22.26 32.82 23.70 18.61 11.67

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

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

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

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


MSGE
68GF Score
Madison Square Garden Entertainment Corp MSGE
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Madison Square Garden Entertainment EV-to-FCF Calculation

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

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=4453.143/312.73
=14.24

Madison Square Garden Entertainment's current Enterprise Value is $4,453 Mil.
Madison Square Garden Entertainment's Free Cash Flow 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 $313 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-FCF →
What does a EV-to-FCF of 14.24 mean?
Madison Square Garden Entertainment (MSGE) has a EV-to-FCF of 14.24 as of Jul. 06, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Madison Square Garden Entertainment and its competitors. This is 39% below median its historical median of 23.37. Over the past decade, Madison Square Garden Entertainment's EV-to-FCF has ranged from 12.05 to 57.31. According to the industry distribution chart, Madison Square Garden Entertainment ranks #347 out of 610 companies in the Media - Diversified industry, placing it in the top 56.9%.
Is Madison Square Garden Entertainment's EV-to-FCF too high?
Madison Square Garden Entertainment's current EV-to-FCF of 14.24 is 39% below median its 10-year median of 23.37. Over the past 10 years, this metric has ranged from a low of 12.05 to a high of 57.31. The Media - Diversified industry median EV-to-FCF is 11.69. Madison Square Garden Entertainment's value of 14.24 is 21.8% above this industry median. Based on the distribution chart, Madison Square Garden Entertainment ranks #347 out of 610 companies in the Media - Diversified industry, which is below the industry midpoint. Overall, Madison Square Garden Entertainment has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Madison Square Garden Entertainment's EV-to-FCF compare to CNK and MANU?
According to the Media - Diversified industry distribution chart, Madison Square Garden Entertainment ranks #347 out of 610 companies for EV-to-FCF. This places Madison Square Garden Entertainment in the lower half of its industry. The industry median EV-to-FCF is 11.69. Madison Square Garden Entertainment's value of 14.24 is 21.8% above this benchmark. Historically, Madison Square Garden Entertainment's own EV-to-FCF has ranged from 12.05 to 57.31 over the past decade. While the company's 10-year median is 23.37 vs. the industry median of 11.69, 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-FCF for a Media - Diversified company?
The median EV-to-FCF among Media - Diversified companies is 11.69, based on 610 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF 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-FCF of 14.24 is 21.8% 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-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Madison Square Garden Entertainment and its competitors. For the Media - Diversified industry, the median EV-to-FCF is 11.69 — 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-FCF is 14.24, which is 39% below median its own 10-year median of 23.37. 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 $43.18, compared to a current price of $75.87 — trading 75.7% above its estimated fair value. The current EV-to-FCF is 14.24, which is 39% below median its 10-year median of 23.37 and 21.8% above the Media - Diversified industry median of 11.69. Madison Square Garden Entertainment's overall GF Score™ is 68/100 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-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For Madison Square Garden Entertainment (MSGE), the current EV-to-FCF is 14.24 as of Jul. 06, 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 $75.87 is trading 75.7% above its estimated GF Value™ of $43.18. GuruFocus considers Madison Square Garden Entertainment to be Significantly Overvalued.

Key valuation signals for MSGE:

  • EV-to-FCF: 14.24 (39% below median its 10-year median of 23.37)
  • GF Value™: $43.18 vs. price of $75.87 (75.7% above fair value)
  • GF Score™: 68/100 with 8 warning signs
  • Industry Position: 21.8% above the Media - Diversified median (#347 of 610)

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.
68GF Score

Get the complete analysis for MSGE

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

$75.87
Price
$43.18
GF Value