Discounted Cash Flow

Madison Square Garden Sports Corp.

MSGS · Based on 10 years of SEC filings

DCF estimate unavailable — only_5_profitable_out_of_10

Average annual growth rates

Metric 10-Year 5-Year 3-Year
Sales
Free Cash Flow
Average (FCF & NI)
Net Income

Average annual growth is the mean year-over-year change across each period.

Endpoint CAGR (better for long term trend)

Metric 10-Year 5-Year 3-Year
Sales
Free Cash Flow
Average (FCF & NI)
Net Income

Endpoint CAGR is the compound annual rate from the first to last year in each period.

Projections use average year-over-year growth. Change this in Settings.

Projected growth rate

Free cash flow growth
10-year: — 5-year: — 3-year: —
Averaged growth (FCF & NI)
10-year: — 5-year: — 3-year: —
Net income growth
10-year: — 5-year: — 3-year: —
Sales growth (not added to calculations)
10-year: — 5-year: — 3-year: —

Click a greyed-out slider to switch metrics. Slide between the 10-year, 5-year, and 3-year historic growth rates for FCF, net income, or their average.

%
%

Historical inputs (10 fiscal years)

YEAR Sales Net Income Free Cash Flow Net Margin EPS (diluted)
2016 $1.1b $-77.3m $54.1m -6.9% $-3.12
2017 $1.3b (18.2%) $-72.7m (5.9%) $172.4m (218.8%) -5.5% (20.4%) $-3.05 (2.2%)
2018 $1.6b (18.3%) $141.6m (294.7%) $28.7m (-83.3%) 9.1% (264.7%) $5.99 (296.4%)
2019 $1.6b (4.6%) $11.4m (-91.9%) $-27.6m (-196.0%) 0.7% (-92.3%) $0.48 (-92.0%)
2020 $603.3m (-63.0%) $-182.4m (-1696.1%) $-358.9m (-1201.3%) -30.2% (-4415.1%) $-7.62 (-1687.5%)
2021 $415.7m (-31.1%) $-14.0m (92.3%) $-35.8m (90.0%) -3.4% (88.9%) $-0.58 (92.4%)
2022 $821.4m (97.6%) $51.1m (466.4%) $177.1m (594.9%) 6.2% (285.5%) $2.11 (463.8%)
2023 $887.4m (8.0%) $47.8m (-6.5%) $151.3m (-14.6%) 5.4% (-13.5%) $1.90 (-10.0%)
2024 $1.0b (15.7%) $58.8m (23.0%) $90.7m (-40.1%) 5.7% (6.2%) $2.45 (28.9%)
2025 $1.0b (1.2%) $-22.4m (-138.2%) $88.0m (-3.0%) -2.2% (-137.7%) $-0.93 (-138.0%)

Base FCF: (latest fiscal year)

Discount rate: %

Terminal growth:

Projection period: years

Alt A decline yrs:

Alt B total yrs:

Projected cash flows

Year Projected cash flow Discount Factor Present Value

PV of projected FCF:

Terminal FCF:

Terminal value:

PV of terminal value:

Enterprise value (DCF):

DCF price per share:

Current price:

Alternative DCF Models

Model Fair Value Upside PV(FCFs) PV(Terminal) Total Years
Standard (10yr→TV) 10 + TV
Alt A (Gradual Decline)
Alt B (30yr Hard Stop) N/A

This is a simplified DCF model for illustration. It uses reported free cash flow, a single growth assumption, fixed WACC, and a Gordon Growth terminal value. It is not investment advice.

+ 10YR Financials Balance Sheet (10YR) Cash Flow (10YR) DCF Model

only_5_profitable_out_of_10

Once the company meets all DCF eligibility criteria (sufficient history, profitability, growth trends), an estimate will become available automatically. No action is needed.