3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year.
Madison Square Garden Entertainment's 3-Year ROIIC % for the quarter that ended in Jun. 2025 was 26.50%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
MSGE's 3-Year ROIIC % is ranked better than 77.02% of 953
companies
in the Media - Diversified industry
Industry Median: 1.6
vs MSGE: 26.50
Madison Square Garden Entertainment (NYSE:MSGE) 3-Year ROIIC % Explanation
Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.
High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
Be Aware
It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.
Madison Square Garden Entertainment 3-Year ROIIC % Related Terms
Madison Square Garden Entertainment 3-Year ROIIC % Historical 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.
Madison Square Garden Entertainment 3-Year ROIIC % Chart
MSGE vs CNK, MANU, BATRA: 3-Year ROIIC % Comparison
For the Entertainment subindustry, Madison Square Garden Entertainment's 3-Year ROIIC %, along with its competitors' market caps and 3-Year ROIIC % 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 3-Year ROIIC % vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Madison Square Garden Entertainment's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Madison Square Garden Entertainment's 3-Year ROIIC % falls into.
* 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.
** Annual data of NOPAT and Invested Capital was used to calculate 3-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.
Madison Square Garden Entertainment (MSGE) has a 3-Year ROIIC % of 26.50 as of Jun. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Madison Square Garden Entertainment and its competitors. This is 74% below median its historical median of 103.65. Over the past decade, Madison Square Garden Entertainment's 3-Year ROIIC % has ranged from 26.50 to 180.80. According to the industry distribution chart, Madison Square Garden Entertainment ranks #219 out of 953 companies in the Media - Diversified industry, placing it in the top 23%.
Is Madison Square Garden Entertainment's 3-Year ROIIC % too high?
Madison Square Garden Entertainment's current 3-Year ROIIC % of 26.50 is 74% below median its 10-year median of 103.65. Over the past 10 years, this metric has ranged from a low of 26.50 to a high of 180.80. The Media - Diversified industry median 3-Year ROIIC % is 1.60. Madison Square Garden Entertainment's value of 26.50 is 1556.3% above this industry median. Based on the distribution chart, Madison Square Garden Entertainment ranks #219 out of 953 companies in the Media - Diversified industry, which is in the top quartile — a strong position relative to peers. 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 3-Year ROIIC % compare to CNK and MANU?
According to the Media - Diversified industry distribution chart, Madison Square Garden Entertainment ranks #219 out of 953 companies for 3-Year ROIIC %. This places Madison Square Garden Entertainment in the top 23% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 1.60. Madison Square Garden Entertainment's value of 26.50 is 1556.3% above this benchmark. Historically, Madison Square Garden Entertainment's own 3-Year ROIIC % has ranged from 26.50 to 180.80 over the past decade. While the company's 10-year median is 103.65 vs. the industry median of 1.60, 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 3-Year ROIIC % for a Media - Diversified company?
The median 3-Year ROIIC % among Media - Diversified companies is 1.60, based on 953 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Madison Square Garden Entertainment's current 3-Year ROIIC % of 26.50 is 1556.3% 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 3-Year ROIIC % mean?
A high 3-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Madison Square Garden Entertainment and its competitors. For the Media - Diversified industry, the median 3-Year ROIIC % is 1.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Madison Square Garden Entertainment's current 3-Year ROIIC % is 26.50, which is 74% below median its own 10-year median of 103.65. 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 $43.17, compared to a current price of $78.39 — trading 81.6% above its estimated fair value. The current 3-Year ROIIC % is 26.50, which is 74% below median its 10-year median of 103.65 and 1556.3% above the Media - Diversified industry median of 1.60. 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 3-Year ROIIC % calculated?
3-Year ROIIC % is calculated from a company's financial statements. For Madison Square Garden Entertainment (MSGE), the current 3-Year ROIIC % is 26.50 as of Jun. 2025. 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 $78.39 is trading 81.6% above its estimated GF Value™ of $43.17.
GuruFocus considers Madison Square Garden Entertainment to be Significantly Overvalued.
Key valuation signals for MSGE:
3-Year ROIIC %: 26.50 (74% below median its 10-year median of 103.65)
GF Value™: $43.17 vs. price of $78.39 (81.6% above fair value)
Industry Position: 1556.3% above the Media - Diversified median (#219 of 953)
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
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
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