What is Madison Square Garden Entertainment Altman Z-Score?
Madison Square Garden EntertainmentMSGE +0.73%74 Altman Z-Score is 1.90 as of Jun. 24, 2026, which is 34% above its 10-year median of 1.42. 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. Among 1,019 Media - Diversified companies, Madison Square Garden Entertainment ranks worse than 51.72% on this metric.
The Altman Z-Score is a model designed to predict the likelihood of a company going bankrupt within the next two years. Created by American finance professor Edward Altman in 1968, the model is specifically designed for publicly traded manufacturing companies with assets greater than $1 million.
Warning Sign:
Altman Z-score of 1.89 is in the grey area. This implies that the company is under some kind of financial stress. If it is below 1.8, the company may face bankruptcy risk.
Madison Square Garden Entertainment has a Altman Z-Score of 1.90, indicating it is in Grey Zones. This implies that Madison Square Garden Entertainment is in some kind of financial stress. If it is below 1.81, the company may face bankrupcy risk.
The zones of discrimination were as such:
When Altman Z-Score <= 1.8, it is in Distress Zones.
When Altman Z-Score >= 3, it is in Safe Zones.
When Altman Z-Score is between 1.8 and 3, it is in Grey Zones.
MSGE'
s Altman Z-Score Range Over the Past 10 Years
Min: 1.11 Med: 1.42 Max: 1.89
Current: 1.89
During the past 6 years, Madison Square Garden Entertainment's highest Altman Z-Score was 1.89. The lowest was 1.11. And the median was 1.42.
Madison Square Garden Entertainment (NYSE:MSGE) Altman Z-Score Explanation
X1: The Working Capital/Total Assets (WC/TA) ratio is a measure of the net liquid assets of the firm relative to the total capitalization. Working capital is defined as the difference between current assets and current liabilities. Ordinarily, a firm experiencing consistent operating losses will have shrinking current assets in relation to total assets. Altman found this one proved to be the most valuable liquidity ratio comparing with the current ratio and the quick ratio. This is however the least significant of the five factors.
X2: Retained Earnings/Total Assets: the RE/TA ratio measures the leverage of a firm. Retained earnings is the account which reports the total amount of reinvested earnings and/or losses of a firm over its entire life. Those firms with high RE, relative to TA, have financed their assets through retention of profits and have not utilized as much debt.
X3, Earnings Before Interest and Taxes/Total Assets (EBIT/TA): This ratio is a measure of the true productivity of the firm's assets, independent of any tax or leverage factors. Since a firm's ultimate existence is based on the earning power of its assets, this ratio appears to be particularly appropriate for studies dealing with corporate failure. This ratio continually outperforms other profitability measures, including cash flow.
X4, Market Value of Equity/Book Value of Total Liabilities (MVE/TL): The measure shows how much the firm's assets can decline in value (measured by market value of equity plus debt) before the liabilities exceed the assets and the firm becomes insolvent.
X5, Revenue/Total Assets (S/TA): The capital-turnover ratio is a standard financial ratio illustrating the sales generating ability of the firm's assets.
* 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 Altman Z-Score Chart
MSGE vs CNK, BATRA, MANU: Altman Z-Score Comparison
For the Entertainment subindustry, Madison Square Garden Entertainment's Altman Z-Score, along with its competitors' market caps and Altman Z-Score 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 Altman Z-Score vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Madison Square Garden Entertainment's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Madison Square Garden Entertainment's Altman Z-Score falls into.
Madison Square Garden Entertainment Altman Z-Score Calculation
Altman Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.
* 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. GuruFocus does not calculate Altman Z-Score when X4 or X5 value is 0.
Madison Square Garden Entertainment (MSGE) has a Altman Z-Score of 1.90 as of Jun. 24, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Madison Square Garden Entertainment and its competitors. This is 34% above median its historical median of 1.42. Over the past decade, Madison Square Garden Entertainment's Altman Z-Score has ranged from 1.11 to 1.89. According to the industry distribution chart, Madison Square Garden Entertainment ranks #527 out of 1019 companies in the Media - Diversified industry, placing it in the top 51.7%.
Is Madison Square Garden Entertainment's Altman Z-Score too high?
Madison Square Garden Entertainment's current Altman Z-Score of 1.90 is 34% above median its 10-year median of 1.42. Over the past 10 years, this metric has ranged from a low of 1.11 to a high of 1.89. The Media - Diversified industry median Altman Z-Score is 1.98. Madison Square Garden Entertainment's value of 1.90 is 4% below this industry median. Based on the distribution chart, Madison Square Garden Entertainment ranks #527 out of 1019 companies in the Media - Diversified industry, which is below the industry midpoint. 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 Altman Z-Score compare to CNK and BATRA?
According to the Media - Diversified industry distribution chart, Madison Square Garden Entertainment ranks #527 out of 1019 companies for Altman Z-Score. This places Madison Square Garden Entertainment in the lower half of its industry. The industry median Altman Z-Score is 1.98. Madison Square Garden Entertainment's value of 1.90 is 4% below this benchmark. Historically, Madison Square Garden Entertainment's own Altman Z-Score has ranged from 1.11 to 1.89 over the past decade. While the company's 10-year median is 1.42 vs. the industry median of 1.98, Madison Square Garden Entertainment has consistently been below 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 Altman Z-Score for a Media - Diversified company?
The median Altman Z-Score among Media - Diversified companies is 1.98, based on 1,019 companies in the industry. Companies in the top quartile (top 25%) have a Altman Z-Score significantly above this median, while those in the bottom quartile fall well below. However, Altman Z-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Madison Square Garden Entertainment's current Altman Z-Score of 1.90 is 4% below 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 Altman Z-Score mean?
A high Altman Z-Score can signal that a stock is expensive relative to its fundamentals. The Altman Z-score measures a company's bankruptcy risk. View historical data on Madison Square Garden Entertainment and its competitors. For the Media - Diversified industry, the median Altman Z-Score is 1.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Madison Square Garden Entertainment's current Altman Z-Score is 1.90, which is 34% above median its own 10-year median of 1.42. 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 $77.00 — trading 78.7% above its estimated fair value. The current Altman Z-Score is 1.90, which is 34% above median its 10-year median of 1.42 and 4% below the Media - Diversified industry median of 1.98. 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 Altman Z-Score calculated?
Altman Z-Score is calculated from a company's financial statements. For Madison Square Garden Entertainment (MSGE), the current Altman Z-Score is 1.90 as of Jun. 24, 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 $77.00 is trading 78.7% above its estimated GF Value™ of $43.10.
GuruFocus considers Madison Square Garden Entertainment to be Significantly Overvalued.
Key valuation signals for MSGE:
Altman Z-Score: 1.90 (34% above median its 10-year median of 1.42)
GF Value™: $43.10 vs. price of $77.00 (78.7% above fair value)
Industry Position: 4% below the Media - Diversified median (#527 of 1019)
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.
74GF Score
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