MSGE (Madison Square Garden Entertainment) ROCE %: 5.86% (As of Mar. 2026)


MSGE Madison Square Garden Entertainment Corp MSGE
74 GF Score
Price $76.88
GF Value $43.10
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Madison Square Garden Entertainment ROCE %?

Madison Square Garden Entertainment MSGE +0.58% 74 ROCE % is 5.86% as of Mar. 2026. GuruFocus rates MSGE with a GF Score™ of 74/100 and a GF Value™ of $43.10 (Significantly Overvalued). The stock has 7 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Madison Square Garden Entertainment's annualized ROCE % for the quarter that ended in Mar. 2026 was 5.86%.

Madison Square Garden Entertainment  (NYSE:MSGE) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Madison Square Garden Entertainment ROCE % Related Terms

Madison Square Garden Entertainment ROCE % Historical Data

* Premium members only.

The historical data trend for Madison Square Garden Entertainment's ROCE % 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 ROCE % Chart

Madison Square Garden Entertainment Annual Data
Trend Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
ROCE %
Get a 7-Day Free Trial -14.21 -7.39 14.08 11.56 10.48

Madison Square Garden Entertainment Quarterly Data
Jun21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROCE % 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 9.47 -10.29 -10.22 56.12 5.86
MSGE
74GF Score
Madison Square Garden Entertainment Corp MSGE
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Madison Square Garden Entertainment ROCE % Calculation

Madison Square Garden Entertainment's annualized ROCE % for the fiscal year that ended in Jun. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Jun. 2025 )  (A: Jun. 2024 )(A: Jun. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Jun. 2025 )  (A: Jun. 2024 )(A: Jun. 2025 )
=116.067/( ( (1552.707 - 505.823) + (1669.842 - 502.401) )/ 2 )
=116.067/( (1046.884+1167.441)/ 2 )
=116.067/1107.1625
=10.48 %

Madison Square Garden Entertainment's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=70.584/( ( (1823.385 - 618.492) + (1957.273 - 753.21) )/ 2 )
=70.584/( ( 1204.893 + 1204.063 )/ 2 )
=70.584/1204.478
=5.86 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

* 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 ROCE % →
What does a ROCE % of 5.86% mean?
Madison Square Garden Entertainment (MSGE) has a ROCE % of 5.86% as of Mar. 2026.
Is Madison Square Garden Entertainment's ROCE % too high?
Madison Square Garden Entertainment's current ROCE % is 5.86%. The Media - Diversified industry median ROCE % is 3.10. Madison Square Garden Entertainment's value of 5.86% is 89% above this industry median. 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 ROCE % compare to CNK and BATRA?
Madison Square Garden Entertainment's ROCE % of 5.86% can be compared against companies in the Media - Diversified industry. The industry median ROCE % is 3.10. Madison Square Garden Entertainment's value of 5.86% is 89% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Media - Diversified company?
The median ROCE % among Media - Diversified companies is 3.10, based on 988 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Madison Square Garden Entertainment's current ROCE % of 5.86% is 89% 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Media - Diversified industry, the median ROCE % is 3.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Madison Square Garden Entertainment's current ROCE % is 5.86%. 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 $43.10, compared to a current price of $76.88 — trading 78.4% above its estimated fair value. The current ROCE % is 5.86% and 89% above the Media - Diversified industry median of 3.10. Madison Square Garden Entertainment's overall GF Score™ is 74/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Madison Square Garden Entertainment (MSGE), the current ROCE % is 5.86% as of Mar. 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 $76.88 is trading 78.4% above its estimated GF Value™ of $43.10. GuruFocus considers Madison Square Garden Entertainment to be Significantly Overvalued.

Key valuation signals for MSGE:

  • ROCE %: 5.86%
  • GF Value™: $43.10 vs. price of $76.88 (78.4% above fair value)
  • GF Score™: 74/100 with 7 warning signs
  • Industry Position: 89% above the Media - Diversified median

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

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

$76.88
Price
$43.10
GF Value