Stock fact sheet · data as of
Madison Square Garden Entertainment Corp. (MSGE): fair value, margin of safety and Wheel Score
Ticker symbol MSGE · Communication Services · Entertainment · United States · Class A common stock · Growth
MSGE is Madison Square Garden Entertainment Corp.'s Class A common stock. The classes own the same business, share the same earnings report and trade within a few cents of each other; what differs is mainly the vote each share carries - the company's annual report sets out the voting rights.
Is MSGE undervalued?
Madison Square Garden Entertainment Corp. (MSGE) closed at 78.73 on 5 Nov 2026. The GLS average fair value - the simple average of the 8 valuation models that produced a positive number - is 94.83, so the price sits 17% below it. 4 of the 8 models value the shares above the current price. A margin of safety between 10% and 30% is where most of the Sunday Scan candidates come from.
The 8 models disagree widely: Graham Number gives 3.39 while Payback Time gives 201.60. A spread that wide means the average is sensitive to which methods you trust; the model table below shows where each one lands, and the Quote page lets you switch any of them off.
Ranked against every other company we cover, MSGE is clearly faster-growing than it is cheap, so the nightly engine files it under Growth (value score 19, growth score 76, out of 100).
Nine valuation models for MSGE
Each model turns the latest filed numbers into a value per share; the GLS fair value is the simple average of the ones that produce a positive number. The last two rows are shown for reference and never enter the average. The Quote page lets you switch any model off and add your own margin of safety.
| Model | Value | vs price | What it measures |
|---|---|---|---|
| DCF | 44.83 | -43% | Present value of the projected free cash flows, discounted at the cost of capital |
| Graham Number | 3.39 | -96% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 116.48 | +48% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 50.91 | -35% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 124.67 | +58% | EPS compounded ten years at the blended growth rate, discounted back at 15% a year |
| 10 Cap | 194.17 | +147% | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10% |
| Payback Time | 201.60 | +156% | Eight years of compounded free cash flow: the price at which the business pays for itself |
| DDM | - | - | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend; no value tonight |
| EPV | 22.63 | -71% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | -21.65 | -127% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 91.83 | +17% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
On financial health MSGE scores 7/9 (Piotroski): most of the nine tests - positive earnings and cash flow, falling debt, rising margins and turnover - are passed, which is the kind of balance sheet a wheel trader is happy to be assigned. The GLS Moat score is low at 3.9 out of 10: returns on capital, margins or the balance sheet have not shown a lasting edge yet - often a young company, a thin-margin business or one that has only recently turned profitable.
Returns on capital are thin or negative - ROIC 2.1%, ROE 3.0%, ROA 1.6% - with debt at 0.41 times equity and a free-cash-flow yield of 10.8%.
Madison Square Garden Entertainment Corp. pays no dividend, so the DDM model does not apply and a covered-call holder earns only the premium and any price gain. Revenue comes mainly from Entertainment 53%, Ticketing And Venue License Fee Revenues 36%, Food, Beverage And Merchandise Revenues 11% (quarter Q4 FY2026).
Institutional ownership scores 10/10, insider activity 1/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 7 / 9 | ROIC | 2.1% |
|---|---|---|---|
| GLS Moat | 3.9 / 10 | ROE | 3.0% |
| Debt / equity | 0.41 | ROA | 1.6% |
| Free-cash-flow yield | 10.8% | Payout ratio | 0% |
| Institutions | 10 / 10 | Insiders · Congress | 1 · 5 / 10 |
Wheel Score 42: Weak
MSGE scores 42 out of 100 on the Wheel Score, in the Weak band (under 50): it fails filter 1, options that actually trade - options too quiet (684 open interest, 320 a day); and filter 5, can repay its debt - 7.0 years to repay its debt (over 3), and the parts are thin too - value fair, premium strong, moat fair, health good, red flags fair, option trading weak, stability fair. The score is not a judgement on the company; it says the price, quality and premium do not line up for selling puts on it today.
Implied volatility is 36% on the near-the-money contracts 20-60 days out - inside the 35-60% sweet spot the Wheel Score rewards most: enough premium to be worth selling, not so much that the risk is unpaid. Chain open interest is thin - 684 contracts across every expiry - so fills at a fair price are not guaranteed; a 30-45-day put may not exist at a usable strike.
Volume runs at 536k shares a day on a market cap of $3.7B, with a beta of 0.56 - a low beta, so day-to-day moves are smaller than the market's; the Stability part of the Wheel Score rates that fair.
| Filter | Wheel Trade Filter | Result | Detail |
|---|---|---|---|
| 1 | Options that actually trade | Fails | options too quiet (684 open interest, 320 a day) |
| 2 | A real business, not a gamble | Passes | Profitable over the last twelve months - not a speculative stock, fund or note |
| 3 | Below fair value | Passes | Trading below the nine-model average fair value (margin of safety above 0) |
| 4 | Financially healthy | Passes | Piotroski F-score 6 or more out of 9 (a company with no score on file passes) |
| 5 | Can repay its debt | Fails | 7.0 years to repay its debt (over 3) |
| 6 | No serious red flags | Passes | Red Flags score 60 or more out of 100 (earnings, margins, debt, analysts, filings and price checked the same way for every stock) |
| 7 | A premium worth selling | Passes | Implied volatility 25-80% (enough premium, not a lottery ticket) |
| 8 | Big enough | Passes | Market cap $1 billion or more |
| 9 | Not a penny stock | Passes | Share price $5 or more |
| How it ranks | Rating | From | |
|---|---|---|---|
| Value | Fair | 17% below fair value | |
| Premium | Strong | implied volatility 36% | |
| Moat | Fair | moat 3.9/10 | |
| Health | Good | Piotroski 7/9 | |
| Red Flags | Fair | Red Flags score 75/100 | |
| Option trading | Weak | 320 contracts a day, 684 open interest | |
| Stability | Fair | beta 0.56, $3.7B company |
The Wheel Score ranks ~7,400 US stocks for selling cash-secured puts and covered calls: a stock must pass all 9 Wheel Trade Filters to score 70, and the score then ranks the ones that pass; the Sunday Scan is the top 10. It is updated nightly and is not a recommendation. How the Wheel Score works · the walkthrough lesson shows how it fits into a trade, start to finish.
Upcoming events
The next earnings report is due on 2 Feb 2027, 89 days away - outside the window of a 30-45-day put sold today.
No analyst upgrades or downgrades were recorded in the last 30 days.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Entertainment
The 12 companies below are the closest to Madison Square Garden Entertainment Corp. by market cap within the Entertainment industry, each with its own fact sheet; the Compare page puts up to eight of them side by side.
| Stock | Close | Fair value | MoS | Wheel | Mkt cap |
|---|---|---|---|---|---|
| BATRA Atlanta Braves Holdings, Inc. | 55.84 | - | - | 16Weak | $3.6B |
| SPHR Sphere Entertainment Co. | 108.85 | 144.60 | +25% | 43Weak | $3.9B |
| MANU Manchester United plc | 22.86 | - | - | 30Weak | $3.9B |
| BATRK Atlanta Braves Holdings, Inc. | 50.73 | - | - | 29Weak | $3.3B |
| AMC AMC Entertainment Holdings, Inc. | 3.52 | 17.09 | +79% | 41Weak | $3.1B |
| BATRB Atlanta Braves Holdings, Inc. | 72.00 | - | - | 12No options | $3.1B |
| CNK Cinemark Holdings, Inc. | 40.38 | 71.69 | +44% | 51Fair | $4.7B |
| VSNT Versant Media Group, Inc. Class A | 33.98 | 147.60 | +77% | 80Good | $4.7B |
| IMAX IMAX Corporation | 51.76 | 33.97 | -52% | 40Weak | $2.8B |
| SKYD Skydance Corporation | 8.39 | 2.94 | -185% | 32Weak | $9.2B |
| LLYVK Liberty Live Group | 110.35 | 19.12 | -477% | 27Weak | $10.2B |
| LLYVA Liberty Live Group | 106.37 | 19.11 | -457% | 23Weak | $10.2B |
⚖ Compare MSGE with 7 of them All Communication Services stocks →
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Start free See the Sunday ScanQuestions about MSGE
What kind of share is MSGE?
MSGE is Madison Square Garden Entertainment Corp.'s Class A common stock. The classes own the same business, share the same earnings report and trade within a few cents of each other; what differs is mainly the vote each share carries - the company's annual report sets out the voting rights.
Is MSGE undervalued right now?
By the GLS models, moderately: at 78.73 the stock trades 17% below the average fair value of 94.83 (data as of 5 Nov 2026).
What is the Wheel Score of MSGE and what does it mean?
MSGE scores 42 out of 100 (Weak) - it fails Wheel Trade Filters 1, 5. The Wheel Score ranks stocks for the wheel strategy - selling cash-secured puts, then covered calls if assigned - in two parts: the 9 pass/fail Wheel Trade Filters (busy options, a real business, below fair value, Piotroski 6 or more, debt it can repay, a Red Flags score of 60 or more, implied volatility of 25-80%, a $1 billion company, $5 a share) and a ranking of how strongly a stock passes on value, premium, moat, health, red flags, option trading and stability. A stock that fails any filter stays under 70; 70-84 is Good, 85 and above is Prime. The Sunday Scan is the top 10 that pass, sorted by Wheel Score.
What is the GLS fair value for MSGE?
94.83 per share as of 5 Nov 2026 - the simple average of the 8 valuation models (out of nine: DCF, Graham Number, Graham Growth, Lynch, GLS Growth, 10 Cap, Payback Time, DDM and EPV) that produced a positive value. The models run every night on the latest filings; the Quote page lets you switch any of them off and add a margin of safety of your own.
When does Madison Square Garden Entertainment Corp. report earnings next?
The next earnings report is due on 2 Feb 2027, 89 days from the data date of 5 Nov 2026. The Calendars page lists every upcoming report with its time of day.
Does MSGE have listed options, and how liquid are they?
Yes. The nightly snapshot found 78 listed contracts with 684 open interest across all expiries and implied volatility of 36% on the near-the-money contracts. The Options scanner lists the cash-secured put and covered call set-ups with premium and annualised yield worked out.