What is Madison Square Garden Sports Corp. worth?
With the base-case assumptions below, a discounted cash flow model on Madison Square Garden Sports Corp.'s reported free cash flow gives $73.47 per share. The share price was $384.39 on October 26, 2026, 423% above that value.
Inputs from the filings
Three sets of assumptions
| Case | Growth yrs 1-5 | Discount rate | Value per share | Value vs price |
|---|---|---|---|---|
| Bear | 10.0% | 10.0% | $40.73 | -89% |
| Base | 15.0% | 9.0% | $73.47 | -81% |
| Bull | 20.0% | 8.0% | $134.45 | -65% |
Sensitivity: base case value per share
| 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | |
|---|---|---|---|---|---|
| 7.0% | $98.27 | $106.00 | $115.45 | $127.26 | $142.44 |
| 8.0% | $79.64 | $84.66 | $90.58 | $97.69 | $106.38 |
| 9.0% | $66.09 | $69.52 | $73.47 | $78.09 | $83.54 |
| 10.0% | $55.82 | $58.25 | $61.02 | $64.17 | $67.82 |
| 11.0% | $47.78 | $49.56 | $51.56 | $53.81 | $56.35 |
Where the presets come from
Base: years 1 to 5 grow at Madison Square Garden Sports Corp.'s revenue growth rate over the last 5 fiscal years (22.6% a year), held between -5% and 15%. Years 6 to 10 grow halfway between that and the long-run rate of 2.5%. Future cash is discounted at 9% a year.
Bear: 5 points less growth, 2% long-run growth, 10% discount rate. Bull: 5 points more growth (at most 25%), 3% long-run growth, 8% discount rate.
Value per share = (present value of 10 years of free cash flow + present value of everything after + cash - debt) / diluted shares.
This is a model run on assumptions, not a recommendation or a price target. Small changes in the discount rate or growth move the result a lot, as the table above shows. Change them yourself in the calculator.
Adjust the assumptions
Move the sliders for growth, long-run growth and discount rate, or switch to average free cash flow, and see the value per share change.
Adjust the assumptions