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 $80.26 per share. The share price was $402.84 on September 25, 2026, 402% 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% | $47.51 | -88% |
| Base | 15.0% | 9.0% | $80.26 | -80% |
| Bull | 20.0% | 8.0% | $141.23 | -65% |
Sensitivity: base case value per share
| 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | |
|---|---|---|---|---|---|
| 7.0% | $105.05 | $112.78 | $122.23 | $134.04 | $149.22 |
| 8.0% | $86.42 | $91.44 | $97.36 | $104.47 | $113.16 |
| 9.0% | $72.87 | $76.30 | $80.26 | $84.87 | $90.32 |
| 10.0% | $62.60 | $65.04 | $67.80 | $70.96 | $74.60 |
| 11.0% | $54.56 | $56.35 | $58.34 | $60.59 | $63.14 |
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