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Manchester United (MANU)
NYSE:MANU
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Manchester United
(NYSE:MANU)46Neutral
Manchester United (MANU) vs. S&P 500 (SPY)
Market Cap
$2.39B
Dividend YieldN/A
Average Volume (3M)280.20K
Price to Earnings (P/E)―
Beta (1Y)1.07
Revenue Growth-11.35%
EPS Growth-837.48%
CountryUS
Employees1,140
SectorCommunication Services
Sector Strength85
IndustryTraditional Media
Share Statistics
EPS (TTM)-1.02
Shares Outstanding55,016,450
10 Day Avg. Volume330,311
30 Day Avg. Volume280,203
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)8.40
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$23.88Price Target Upside71.55% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
Manchester United Business Overview & Revenue Model
Company DescriptionManchester United PLC (MANU) is a renowned professional football club based in Manchester, United Kingdom. Established in 1878, the club competes in the English Premier League, one of the most prestigious football leagues globally. Apart from its primary sports activities, Manchester United is involved in various sectors, including sports entertainment, media, and merchandising. Its core services and products include live football matches, broadcasting rights, sponsorships, and a wide range of branded merchandise.
How the Company Makes MoneyManchester United generates revenue through several key streams. The primary sources include matchday revenues from ticket sales at Old Trafford, broadcasting income from television rights for domestic and international games, and commercial revenues from sponsorship deals and partnerships with global brands. Additionally, the club earns through merchandising, selling branded apparel and memorabilia worldwide. Significant partnerships with companies like Adidas and Chevrolet enhance their financial standing. The club's participation in prestigious tournaments like the UEFA Champions League also contributes to its earnings, with prize money and increased global exposure leading to further commercial opportunities.
Manchester United Financial Statement Overview
Summary
Overall, Manchester United faces financial challenges with declining revenue, persistent net losses, and negative free cash flow. The balance sheet shows reasonable leverage, but profitability and cash flow efficiency are concerning. The company needs to address revenue growth and cost management to improve financial health.Income Statement
Manchester United's income statement reveals declining revenues from the annual report to the TTM period and consistently negative net income. The gross profit margin remains healthy but net profit margin is negative, indicating financial challenges. The EBIT and EBITDA margins show that operational efficiency is under pressure, with EBIT particularly concerning due to its negative value.45
Neutral
Balance Sheet
The balance sheet shows a moderate debt-to-equity ratio, indicating leverage but not excessively high for the industry. The return on equity is negative due to net losses, which is concerning for potential investors. However, the equity ratio suggests that the company maintains a reasonable proportion of equity in its asset base, which provides some stability.55
Neutral
Cash Flow
Cash flows are challenged by negative free cash flow, with recent declines in operating cash flow and significant capital expenditures. The operating cash flow to net income ratio highlights some ability to generate cash despite losses, yet the free cash flow to net income ratio remains negative, indicating cash management issues.50
Neutral
| Breakdown | |||||
| TTM | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 620.67M | 661.75M | 648.40M | 583.20M | 494.12M | 509.04M | Gross Profit |
| 590.56M | 568.02M | 547.17M | 513.93M | 455.08M | 449.29M | EBIT |
| -102.58M | -69.35M | -11.18M | -87.38M | -36.93M | 5.22M | EBITDA |
| 80.46M | 128.74M | 157.90M | 80.63M | 95.30M | 142.86M | Net Income Common Stockholders |
| -134.19M | -113.16M | -28.68M | -115.51M | -92.22M | -23.23M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 95.54M | 73.55M | 76.02M | 121.22M | 110.66M | 51.54M | Total Assets |
| 1.60B | 1.34B | 1.32B | 1.29B | 1.26B | 1.38B | Total Debt |
| 740.15M | 555.26M | 622.18M | 640.55M | 534.58M | 530.01M | Net Debt |
| 644.61M | 481.71M | 546.16M | 519.33M | 423.92M | 478.47M | Total Liabilities |
| 1.40B | 1.20B | 1.21B | 1.17B | 987.80M | 1.03B | Stockholders Equity |
| 196.71M | 144.89M | 103.95M | 127.51M | 272.51M | 351.23M |
| Cash Flow | Free Cash Flow | ||||
| -138.60M | -122.56M | -76.01M | -27.37M | -31.35M | -245.69M | Operating Cash Flow |
| 60.83M | 85.67M | 95.77M | 96.37M | 113.08M | -3.82M | Investing Cash Flow |
| -206.56M | -171.20M | -140.16M | -93.43M | -99.37M | -212.85M | Financing Cash Flow |
| 186.53M | 86.23M | -1.95M | 5.04M | 47.64M | -46.40M |
Manchester United Technical Analysis
Negative
13.92
Price Trends
15.85
Negative
16.39
Negative
16.52
Negative
Market Momentum
-0.56
Positive
26.38
Positive
21.55
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For MANU, the sentiment is Negative. The current price of 13.92 is below the 20-day moving average (MA) of 14.96, below the 50-day MA of 15.85, and below the 200-day MA of 16.52, indicating a bearish trend. The MACD of -0.56 indicates Positive momentum. The RSI at 26.38 is Positive, neither overbought nor oversold. The STOCH value of 21.55 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for MANU.
Manchester United Risk Analysis
Manchester United disclosed 55 risk factors in its most recent earnings report. Manchester United reported the most risks in the “Finance & Corporate” category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Manchester United Peers Comparison
Overall Rating
UnderperformOutperform
Sector (59)
Financial Indicators
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
76 Outperform | $30.30B | 46.99 | 827.53% | ― | 1.79% | 99.46% | |
74 Outperform | $114.94B | 24.01 | 34.67% | 1.94% | -4.77% | -5.99% | |
66 Neutral | $35.65B | 34.81 | 14.04% | 0.56% | -2.99% | -0.46% | |
61 Neutral | $29.40B | ― | -0.43% | ― | 12.23% | -110.37% | |
61 Neutral | $35.41B | ― | -54.81% | ― | 30.07% | 39.93% | |
59 Neutral | $30.54B | 0.25 | -13.23% | 4.04% | 2.36% | -49.53% | |
46 Neutral | $2.39B | ― | -92.34% | ― | -11.35% | -837.48% |
* Communication Services Sector Average
Performance Comparison
MANU
Manchester United
13.92
-0.28
-1.97%
EA
Electronic Arts
140.04
4.04
2.97%
LYV
Live Nation Entertainment
127.51
27.45
27.43%
NKE
Nike
78.59
-20.64
-20.80%
FWONK
Liberty Media Liberty Formula One
89.26
17.99
25.24%
DKNG
DraftKings
39.41
-2.21
-5.31%
Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.