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Madison Square Garden Sports (Madison Square Garden Sports) Cyclically Adjusted Price-to-FCF : 301.26 (As of Apr. 27, 2024)


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What is Madison Square Garden Sports Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), Madison Square Garden Sports's current share price is $186.78. Madison Square Garden Sports's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $0.62. Madison Square Garden Sports's Cyclically Adjusted Price-to-FCF for today is 301.26.

The historical rank and industry rank for Madison Square Garden Sports's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

MSGS' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 223.95   Med: 302.39   Max: 371.08
Current: 300.85

During the past years, Madison Square Garden Sports's highest Cyclically Adjusted Price-to-FCF was 371.08. The lowest was 223.95. And the median was 302.39.

MSGS's Cyclically Adjusted Price-to-FCF is ranked worse than
98.04% of 357 companies
in the Media - Diversified industry
Industry Median: 16.88 vs MSGS: 300.85

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Madison Square Garden Sports's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $1.383. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is $0.62 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Madison Square Garden Sports Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Madison Square Garden Sports's Cyclically Adjusted Price-to-FCF 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.

* Premium members only.

Madison Square Garden Sports Cyclically Adjusted Price-to-FCF Chart

Madison Square Garden Sports Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 250.10

Madison Square Garden Sports Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted Price-to-FCF 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 Premium Member Only Premium Member Only - 330.78 250.10 358.28 291.83

Competitive Comparison of Madison Square Garden Sports's Cyclically Adjusted Price-to-FCF

For the Entertainment subindustry, Madison Square Garden Sports's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF 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 Sports's Cyclically Adjusted Price-to-FCF Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Madison Square Garden Sports's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Madison Square Garden Sports's Cyclically Adjusted Price-to-FCF falls into.



Madison Square Garden Sports Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Madison Square Garden Sports's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=186.78/0.62
=301.26

* 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 Sports's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Madison Square Garden Sports's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=1.383/129.4194*129.4194
=1.383

Current CPI (Dec. 2023) = 129.4194.

Madison Square Garden Sports Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.000 99.695 0.000
201406 0.000 100.560 0.000
201409 -1.839 100.428 -2.370
201412 1.710 99.070 2.234
201503 -1.164 99.621 -1.512
201506 1.547 100.684 1.989
201509 -2.167 100.392 -2.794
201512 4.336 99.792 5.623
201603 -1.324 100.470 -1.705
201606 1.310 101.688 1.667
201609 -1.247 101.861 -1.584
201612 4.894 101.863 6.218
201703 -0.519 102.862 -0.653
201706 4.394 103.349 5.502
201709 -2.191 104.136 -2.723
201712 -0.985 104.011 -1.226
201803 3.402 105.290 4.182
201806 0.830 106.317 1.010
201809 -3.656 106.507 -4.443
201812 1.433 105.998 1.750
201903 1.367 107.251 1.650
201906 -0.321 108.070 -0.384
201909 -5.339 108.329 -6.378
201912 0.711 108.420 0.849
202003 -5.039 108.902 -5.988
202006 -5.319 108.767 -6.329
202009 -2.392 109.815 -2.819
202012 1.482 109.897 1.745
202103 -1.357 111.754 -1.572
202106 0.787 114.631 0.889
202109 -0.806 115.734 -0.901
202112 1.770 117.630 1.947
202203 1.627 121.301 1.736
202206 4.646 125.017 4.810
202209 0.042 125.227 0.043
202212 1.236 125.222 1.277
202303 3.443 127.348 3.499
202306 1.557 128.729 1.565
202309 -2.275 129.860 -2.267
202312 1.383 129.419 1.383

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Madison Square Garden Sports  (NYSE:MSGS) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Madison Square Garden Sports Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Madison Square Garden Sports's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Madison Square Garden Sports (Madison Square Garden Sports) Business Description

Traded in Other Exchanges
Address
Two Penn Plaza, New York, NY, USA, 10121
Madison Square Garden Sports Corp is engaged in live sports and entertainment business. The Company's reportable segment: MSG Entertainment consists of live entertainment events, including concerts and other live events, such as family shows, performing arts and special events.
Executives
David Granville-smith officer: Executive Vice President TWO PENNSYLVANIA PLAZA, NEW YORK NY 10121
David G. Hopkinson officer: President & COO C/O TILRAY, INC., 655 MADISON AVENUE, 19TH FLOOR, NEW YORK NY 10065
Jamaal T Lesane officer: EVP and General Counsel TWO PENNSYLVANIA PLAZA, NEW YORK NY 10121
Quentin F Dolan director 11 PENNSYLVANIA PLAZA, NEW YORK NY 10001
Joseph Cohen director TWO PENNSYLVANIA PLAZA, NEW YORK NY 10121
Dolan Leinauer Corby other: Trustee of 13D Group Member BAKER BOTTS L.L.P., 30 ROCKEFELLER PLAZA, NEW YORK NY 10112
Lawrence J. Burian officer: EVP, GC and Secretary TWO PENN PLAZA, NEW YORK NY 10121
Alexander Shvartsman officer: SVP, Controller & PAO TWO PENNSYLVANIA PLAZA, NEW YORK NY 10121
Stephen Mills director TWO PENNSYLVANIA PLAZA, NEW YORK NY 10121
Ivan G Seidenberg director VERIZON COMMUNICATIONS INC, 140 WEST STREET, 29TH FLOOR, NEW YORK NY 10007
Anthony J Vinciquerra director FOX ENTERTAINMENT GROUP, INC., 10201 WEST PICO BLVD, LOS ANGELES CA 90035
Philip Gerard D'ambrosio officer: SVP, Treasurer TWO PENNSYLVANIA PLAZA, NEW YORK NY 10121
Richard D Parsons director TWO PENNSYLVANIA PLAZA, NEW YORK NY 10121
Andrew Lustgarten officer: President TWO PENN PLAZA, NEW YORK NY 10121
Charles F. Dolan 2019 Grantor Retained Annuity Trust #1m other: Member of 13D Group C/O DOLAN FAMILY OFFICE, 340 CROSSWAYS PARK DRIVE, WOODBURY NY 11797