Madison Square Net Income vs. Current Valuation
| MSGE Stock | USD 36.64 0.14 0.38% |
Net Income | First Reported 2018-12-31 | Previous Quarter 66.9 M | Current Value -19.3 M | Quarterly Volatility 75.4 M |
For Madison Square profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Madison Square to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Madison Square Garden utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Madison Square's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Madison Square Garden over time as well as its relative position and ranking within its peers.
Madison |
Madison Square's Revenue Breakdown by Earning Segment
Check out Correlation Analysis.
Is Movies & Entertainment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Madison Square. If investors know Madison will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Madison Square listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.86) | Earnings Share 3.57 | Revenue Per Share 20.029 | Quarterly Revenue Growth (0.03) | Return On Assets 0.0547 |
The market value of Madison Square Garden is measured differently than its book value, which is the value of Madison that is recorded on the company's balance sheet. Investors also form their own opinion of Madison Square's value that differs from its market value or its book value, called intrinsic value, which is Madison Square's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Madison Square's market value can be influenced by many factors that don't directly affect Madison Square's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Madison Square's value and its price as these two are different measures arrived at by different means. Investors typically determine if Madison Square is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Madison Square's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Madison Square Garden Current Valuation vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Madison Square's current stock value. Our valuation model uses many indicators to compare Madison Square value to that of its competitors to determine the firm's financial worth. Madison Square Garden is regarded second in net income category among its peers. It is rated below average in current valuation category among its peers reporting about 19.99 of Current Valuation per Net Income. At present, Madison Square's Net Income is projected to increase significantly based on the last few years of reporting. Comparative valuation analysis is a catch-all technique that is used if you cannot value Madison Square by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Madison Current Valuation vs. Net Income
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Madison Square |
| = | 144.3 M |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Madison Square |
| = | 2.88 B |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Madison Current Valuation vs Competition
Madison Square Garden is rated below average in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Communication Services industry is now estimated at about 54.87 Billion. Madison Square holds roughly 2.88 Billion in current valuation claiming about 5% of stocks in Communication Services industry.
Madison Square Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Madison Square, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Madison Square will eventually generate negative long term returns. The profitability progress is the general direction of Madison Square's change in net profit over the period of time. It can combine multiple indicators of Madison Square, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -32.3 M | -33.9 M | |
| Net Interest Income | -55 M | -52.2 M | |
| Interest Income | 3 M | 2.8 M | |
| Operating Income | 111.9 M | 117.5 M | |
| Net Income From Continuing Ops | 144.3 M | 151.5 M | |
| Income Before Tax | 52.3 M | 54.9 M | |
| Total Other Income Expense Net | -59.6 M | -56.7 M | |
| Net Income Applicable To Common Shares | 68.9 M | 72.4 M | |
| Net Income | 144.3 M | 151.5 M | |
| Income Tax Expense | -92 M | -87.4 M | |
| Non Operating Income Net Other | 22.2 M | 23.3 M | |
| Change To Netincome | 32.5 M | 25.9 M | |
| Net Income Per Share | 2.99 | 3.14 | |
| Income Quality | 0.77 | 0.73 | |
| Net Income Per E B T | 2.76 | 2.90 |
Madison Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Madison Square. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Madison Square position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Madison Square's important profitability drivers and their relationship over time.
Use Madison Square in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Madison Square position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Madison Square will appreciate offsetting losses from the drop in the long position's value.Madison Square Pair Trading
Madison Square Garden Pair Trading Analysis
The ability to find closely correlated positions to Madison Square could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Madison Square when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Madison Square - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Madison Square Garden to buy it.
The correlation of Madison Square is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Madison Square moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Madison Square Garden moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Madison Square can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Madison Square position
In addition to having Madison Square in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Utilities - Regulated Electric
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Utilities - Regulated Electric theme has 7 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Utilities - Regulated Electric Theme or any other thematic opportunities.
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Check out Correlation Analysis. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
To fully project Madison Square's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Madison Square Garden at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Madison Square's income statement, its balance sheet, and the statement of cash flows.