MANU Stock Analysis: Manchester United | NYSE

Entertainment | NYSE, USA | Market Cap: 3.557m USD | 12M Return: 30.3% | KYG5784H1065 | Charts, Fundamentals & Technical Analysis

Football Team, Athletic Apparel, Broadcast Rights, Sponsorship Marketing
Total Rating 35
Safety 31
Buy Signal -0.32
Entertainment
Industry Rotation: -3.2
Market Cap: 3.56B
Avg Turnover: 7.70M
Risk 3d forecast
Volatility33.2%
VaR 5th Pctl5.19%
VaR vs Median-4.69%
Reward TTM
Sharpe Ratio0.80
Rel. Str. IBD61.8
Rel. Str. Peer Group51.8
Character TTM
Beta0.088
Beta Downside-0.117
Hurst Exponent0.588
Drawdowns 3y
Max DD43.73%
CAGR/Max DD0.03
CAGR/Mean DD0.06
EPS (Earnings per Share) EPS (Earnings per Share) of MANU over the last years for every Quarter: "2021-09": -0.08, "2021-12": 0.05, "2022-03": -0.14, "2022-06": -0.12, "2022-09": -0.06, "2022-12": -0.06, "2023-03": -0.07, "2023-06": -0.04, "2023-09": -0.06, "2023-12": 0.12, "2024-03": -0.55, "2024-06": -0.16, "2024-09": -0.21, "2024-12": -0.04, "2025-03": -0.03, "2025-06": -0.03, "2025-09": -1.48, "2025-12": 0.02, "2026-03": 0.03, "2026-06": -0.22,
Last SUE: 0.14
Qual. Beats: 0
Revenue Revenue of MANU over the last years for every Quarter: 2021-09: 128.975672, 2021-12: 185.26401, 2022-03: 156.177898, 2022-06: 122.557887, 2022-09: 152.724588, 2022-12: 167.114249, 2023-03: 167.331, 2023-06: 165.308203, 2023-09: 163.41525, 2023-12: 221.582273, 2024-03: 138.074636, 2024-06: 141.755183, 2024-09: 138.969425, 2024-12: 203.488704, 2025-03: 156.280874, 2025-06: 159.761753, 2025-09: 140.697589, 2025-12: 187.831522, 2026-03: 189.497, 2026-06: 158.775101,
Rev. CAGR: -0.94%
Rev. Trend: -22.3%
Last SUE: 0.13
Qual. Beats: 0

Warnings

Interest Coverage Ratio Critical
Altman Z'' In Financial Distress Zone
Below Avwap Earnings

Tailwinds

No distinct edge detected

Seasonality 11.7 years of data

Jan -0.7% 19
Feb -1.7% 8
Mar -1.8% 18
Apr +4.5% 19
May -0.0% 5
Jun -0.5% 2
Jul +0.7% 15
Aug +4.4% 32
Sep -2.0% 14
Oct -0.5% 0
Nov +7.2% 27
Dec +3.4% 30

How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.

Description: MANU Manchester United

Manchester United plc operates a professional football club in the United Kingdom, generating revenue through multiple business streams. The company secures marketing and sponsorship deals with international and regional partners to monetize its brand, and sells sports apparel, training wear, and licensed merchandise such as coffee mugs and home accessories through branded retail stores, e-commerce platforms, and wholesale distribution channels. It also distributes live football content and holds television rights for competitions including the Premier League and UEFA club competitions, operating the MUTV television channel to broadcast club programming globally. Additionally, Manchester United operates Old Trafford stadium and owns or leases various properties. Founded in 1878, the company is headquartered in Manchester, UK, and has been listed on the NYSE since its August 2012 IPO under the ticker MANU. The club competes in the English Premier League, one of the most-watched and commercially lucrative football leagues globally, and operates within the GICS Communication Services sector, specifically the Movies & Entertainment sub-industry.

Headlines to Watch Out For
  • Champions League qualification boosts broadcasting and matchday revenue
  • Commercial sponsorship deals anchor top-line revenue growth
  • Player wage bill pressures operating margins
Piotroski VR-10 (Strict) 2.5
Net Income: -43.3m TTM > 0 and > 6% of Revenue
FCF/TA: -0.11 > 0.02 and ΔFCF/TA -0.79 > 1.0
NWC/Revenue: -64.99% < 20% (prev -70.82%; Δ 5.83% < -1%)
CFO/TA 0.12 > 3% & CFO 179.5m > Net Income -43.3m
Net Debt (624.5m) to EBITDA (254.5m): 2.45 < 3
Current Ratio: 0.33 > 1.5 & < 3
Outstanding Shares: last quarter (172.4m) vs 12m ago 0.05% < -2%
Gross Margin: -3.31% > 18% (prev -2.87%; Δ -0.43% > 0.5%)
Asset Turnover: 42.60% > 50% (prev 40.21%; Δ 2.39% > 0%)
Interest Coverage Ratio: 0.30 > 6 (EBIT TTM 22.3m / Interest Expense TTM 74.1m)
Altman Z'' -1.95
A: -0.29 (Total Current Assets 214.1m - Total Current Liabilities 653.9m) / Total Assets 1.54b
B: -0.09 (Retained Earnings -134.3m / Total Assets 1.54b)
C: 0.01 (EBIT TTM 22.3m / Avg Total Assets 1.59b)
D: 0.11 (Book Value of Equity 149.5m / Total Liabilities 1.39b)
Altman-Z'' = -1.95 = D
Beneish M -3.30
DSRI: 0.68 (Receivables 116.9m/166.9m, Revenue 676.8m/658.5m)
GMI: 1.00 (fallback, negative margins)
AQI: 0.98 (AQ_t 0.63 / AQ_t-1 0.64)
SGI: 1.03 (Revenue 676.8m / 658.5m)
TATA: -0.14 (NI -43.3m - CFO 179.5m) / TA 1.54b)
Beneish M = -3.30 (Cap -4..+1) = AA
What is the price of MANU shares?

As of October 03, 2026, the stock is trading at USD 20.08 with a total of 385,677 shares traded. Over the past week, the price has changed by -1.57%, over one month by -5.46%, over three months by -13.11% and over the past year by +30.30%.

Current recommended Stop Loss: 19.20 (which is 4.4% or 1.3 ATR below the current price).

Is MANU a buy, sell or hold?

Manchester United has received a consensus analysts rating of 4.00. Therefore, it is recommended to buy MANU.

  • StrongBuy: 1
  • Buy: 0
  • Hold: 1
  • Sell: 0
  • StrongSell: 0

What are the forecasts/targets for the MANU price?
Analysts Target Price 22.9 13.8%
Manchester United (MANU) - Fundamental Data Overview as of 03 October 2026
Market Cap USD = 3.56b (3.56b USD * 1.0 USD.USD)
P/E Forward = 106.383
P/S = 5.2487
P/B = 17.5762
P/EG = 0.3502
Revenue TTM = 676.8m USD
EBIT TTM = 22.3m USD
EBITDA TTM = 254.5m USD
Long Term Debt = 490.1m USD (from longTermDebt, two quarters ago)
Short Term Debt = 111.2m USD (from shortTermDebt, last quarter)
Debt = 691.4m USD (from shortLongTermDebtTotal, last quarter) + Leases 3.34m
Net Debt = 624.5m USD (calculated: Debt 691.4m - CCE 66.8m)
Enterprise Value = 4.18b USD (3.56b + Debt 691.4m - CCE 66.8m)
Interest Coverage Ratio = 0.30 (Ebit TTM 22.3m / Interest Expense TTM 74.1m)
EV/FCF = -25.45x (Enterprise Value 4.18b / FCF TTM -164.3m)
FCF Yield = -3.93% (FCF TTM -164.3m / Enterprise Value 4.18b)
FCF Margin = -24.27% (FCF TTM -164.3m / Revenue TTM 676.8m)
Net Margin = -6.39% (Net Income TTM -43.3m / Revenue TTM 676.8m)
Gross Margin = -3.31% ((Revenue TTM 676.8m - Cost of Revenue TTM 699.2m) / Revenue TTM)
Gross Margin QoQ = -11.99% (prev none%)
Tobins Q-Ratio = 2.72 (Enterprise Value 4.18b / Total Assets 1.54b)
Interest Expense / Debt = 10.72% (Interest Expense 74.1m / Debt 691.4m)
Taxrate = 21.0% (US federal default 21%)
NOPAT = 17.6m (EBIT 22.3m * (1 - 21.00%))
Current Ratio = 0.33 (Total Current Assets 214.1m / Total Current Liabilities 653.9m)
Debt / Equity = 4.63 (Debt 691.4m / totalStockholderEquity, last quarter 149.5m)
Debt / EBITDA = 2.45 (Net Debt 624.5m / EBITDA 254.5m)
 Debt / FCF = -3.80 (negative FCF - burning cash) (Net Debt 624.5m / FCF TTM -164.3m)
 Total Stockholder Equity = 176.5m (last 4 quarters mean from totalStockholderEquity)
RoA = -2.72% (Net Income -43.3m / Total Assets 1.54b)
RoE = -24.51% (Net Income TTM -43.3m / Total Stockholder Equity 176.5m)
RoCE = 3.34% (EBIT 22.3m / Capital Employed (Equity 176.5m + L.T.Debt 490.1m))
RoIC = 1.83% (NOPAT 17.6m / Invested Capital 963.0m)
WACC = 6.64% (E(3.56b)/V(4.25b) * Re(6.29%) + D(691.4m)/V(4.25b) * Rd(10.72%) * (1-Tc(0.21)))
Discount Rate = 6.29% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 86.86 | Cagr: 1.75%
 [DCF] Fair Price = unknown (Cash Flow -164.3m)
 EPS Correlation: N/A | EPS CAGR: N/A | SUE: 0.14 | # QB: 0
Revenue Correlation: -22.33 | Revenue CAGR: -0.94% | SUE: 0.13 | # QB: 0
EPS current Quarter (2026-09-30): EPS=0.06 | Chg30d=+0.00% | Revisions=+25% | Analysts=1
EPS next Quarter (2026-12-31): EPS=0.13 | Chg30d=+0.00% | Revisions=+25% | Analysts=1
EPS current Year (2027-06-30): EPS=0.12 | Chg30d=+9.09% | Revisions=+25% | GrowthEPS=+195.9% | GrowthRev=+11.7%
EPS next Year (2028-06-30): EPS=0.18 | Chg30d=N/A | Revisions=+0% | GrowthEPS=+50.0% | GrowthRev=+6.2%