COMPARE · Data as of August 24, 2026

MSGE vs WMG

Verdict: Side-by-side breakdown using the Bull Rankings model. MSGE scored 72.0, WMG scored 77.3 — WMG leads.
Compare another set
MSGE
Madison Square Garden Entertainment Corp.
Entertainment · Quality-Growth
72
$79.59 · $3.8B
fundamentals as of
Score gap
5.3
WMG leads
WMG
Warner Music Group Corp.
Entertainment · Quality-Growth
77.3
$27.76 · $14.5B
fundamentals as of
  • CheapestWMG22.2x
  • Fastest growthWMG+12.9%
  • Highest qualityMSGE85 / 100
  • Largest discount to fair valueMSGE-67%
THE BULL RANKINGS SCORECARD72.0/ 100 · BULL SCOREPEER MEDIANQUALITY84.6GROWTH79.0VALUE59.8
THE BULL RANKINGS SCORECARD77.3/ 100 · BULL SCOREPEER MEDIANQUALITY74.5GROWTH84.6VALUE73.2
MSGEWMGQuality84.674.5Growth79.084.6Value59.873.2
cheap & fastrevenue growth →← cheaper (lower multiple)3%23%16x64xMSGEWMG

Growth against the P/E multiple. Up and to the right is cheaper and faster — the quality-growth idea in one picture. Points beyond the axis are pinned to the edge and marked off-scale rather than allowed to compress everything else.

FCFMSGE$313mWMG$836m
RevMSGE+12.5%WMG+12.9%
P/EMSGE57.7xWMG22.2x
PEGMSGE0.36WMG0.49
MSGE
stronger →← stronger
WMG
85
Qualityreturns · margins · balance sheet
74
79
Growthrevenue & earnings expansion
85
60
Valuevaluation vs sector peers
73
WMG is stronger on 2 of 3 pillars.
MSGE
WMG
$313mC
FCF
$836mC+
+12.5%B+
Rev
+12.9%B+
D/E
4.53D
57.7xC
P/E
22.2xB
0.36A
PEG
0.49A
Winner per row is the stronger grade; where grades tie, the better figure breaks it. A true tie or a missing value shows no highlight.
MSGE
WMG
67% below
Price vs fair valuelower is cheaper
23% above
~-11%/yr
Growth the price implies10-yr FCF · lower = less priced in
~13%/yr
+125%
1-yr DCF upside
-26%
+199%
5-yr DCF upside
-19%
+360%
10-yr DCF upside
-7%
These two disagree on this pair: the Value pillar ranks cheapness against sector peers, while price-vs-fair-value is an absolute read. A name can be the better value in its sector and still the dearer one on cash flows.
The DCF is a cross-check on intrinsic value, separate from the quality-growth score above.
MSGE
Why this score
  • Short track record
WMG
Why this score
  • Raising its dividend
MSGEMadison Square Garden Entertainment Corp.
Entertainment · $79.59 · beta 0.57
Why now
Entertainment · market cap $3.8b. 12% off the 52-week high of $90.41. Revenue growing +13%, comfortably above the S&P median. PEG 0.36 — paying under fair value for the growth rate. 8 sell-side analysts rate this a Buy with a mean 1-yr target of $91.63 (implying +15% upside).
Moat
Free cash flow runs well ahead of reported net income — non-cash charges (depreciation, intangible amortization) are holding down GAAP earnings while cash generation stays strong.
Risk
Trailing P/E 57.7x prices in sustained high growth — any quarter that disappoints triggers sharp re-rating.
WMGWarner Music Group Corp.
Entertainment · $27.76 · beta 1.29
Why now
Entertainment · market cap $14.5b. Down 22% from 52-week high of $35.42 — deep drawdown territory. Revenue growing +13%, comfortably above the S&P median. PEG 0.49 — paying under fair value for the growth rate. 17 sell-side analysts publish a mean 1-yr target of $36.88 (implying +33% upside).
Moat
ROE 79% — top-decile capital efficiency. Either pricing leverage, low capital intensity, or aggressive buybacks; the durability story depends on which. FCF converts 124% of net income — earnings translate cleanly into cash, a sign that working capital and capex are well-disciplined.
Risk
D/E 4.53 is elevated — limits strategic flexibility and raises refinancing exposure if rates stay higher for longer.
WMG leads MSGE by 5.3 points (77.3 to 72.0), its sharpest advantage coming in P/E (grade B). A contrarian could still prefer MSGE, which trades about 67% below our DCF fair value — a margin of safety the score doesn't reward. Note they play different roles — MSGE screens as growth, WMG screens as value — so the model rewards different traits for each.
Our AI analyst is busy right now, so this verdict is drawn directly from the pillars, grades and DCF above.
Not investment advice. The Bull Rankings publishes a quantitative ranking model and accompanying analysis for general informational purposes only. Nothing on this page is a recommendation to buy, sell, or hold any security; nothing is personalized to your circumstances, risk tolerance, or tax situation. Investing carries the risk of loss — invest at your own risk and consider consulting a licensed financial professional before acting on anything you read here. See terms and methodology for full disclosures.

Where MSGE and WMG diverge

On the headline score the gap is 5.3 points in favor of WMG. They get there differently, though — each leads on a different pillar, so the better pick depends on which you weight.

Pillars run 0–100 against sector peers, so a score is a statement about a company relative to its own industry rather than to the other name here. A wide Value gap usually means the market already prices the difference in quality or growth — which is the trade-off this comparison comes down to.