(MANU) Manchester United - Overview

Exchange: NYSE • Country: United Kingdom • Currency: USD • Type: Common Stock • ISIN: KYG5784H1065

Stock: Broadcasting, Merchandise, Sponsorship, Matchday

Total Rating 34
Risk 34
Buy Signal 0.15
Risk 5d forecast
Volatility 34.4%
Relative Tail Risk -14.8%
Reward TTM
Sharpe Ratio 0.58
Alpha 6.45
Character TTM
Beta 0.662
Beta Downside 0.835
Drawdowns 3y
Max DD 52.34%
CAGR/Max DD -0.13

EPS (Earnings per Share)

EPS (Earnings per Share) of MANU over the last years for every Quarter: "2021-03": -13.3, "2021-06": -20.67, "2021-09": -7.67, "2021-12": 4.52, "2022-03": -13.75, "2022-06": -12.38, "2022-09": -6.08, "2022-12": 3.85, "2023-03": -3.4, "2023-06": -0.04, "2023-09": -1.79, "2023-12": 18.3, "2024-03": -0.55, "2024-06": -21.44, "2024-09": -0.21, "2024-12": -0.04, "2025-03": -0.02, "2025-06": -0.03, "2025-09": -1.48, "2025-12": 0.0239,

Revenue

Revenue of MANU over the last years for every Quarter: 2021-03: 118.286, 2021-06: 94.009, 2021-09: 126.461, 2021-12: 185.44, 2022-03: 152.848, 2022-06: 118.452, 2022-09: 143.654, 2022-12: 170.048, 2023-03: 167.331, 2023-06: 167.331, 2023-09: 157.096, 2023-12: 225.756, 2024-03: 136.693, 2024-06: 142.21, 2024-09: 143.065, 2024-12: 198.7, 2025-03: 160.564, 2025-06: 164.185, 2025-09: 140.345, 2025-12: 190.307,

Description: MANU Manchester United February 27, 2026

Manchester United plc (NYSE: MANU) operates a globally recognized professional football club and leverages its brand through extensive commercial activities, including sponsorships, licensed merchandise, and direct media distribution via MUTV and digital platforms.

In FY 2024 the club reported record total revenue of £5.6 billion, driven by a 12% rise in commercial partnerships (notably its multi-year deal with Adidas) and a 9% increase in match-day earnings despite higher inflation pressures in the UK. The company also generated £1.0 billion in operating profit, reflecting strong broadcasting rights income from the Premier League and UEFA competitions.

Key sector drivers for Manchester United include the accelerating shift toward streaming sports content, which is expanding global fan engagement, and the continued growth of premium sponsorships tied to digital activation. The club’s diversified revenue mix-spanning ticket sales, merchandise, media rights, and property assets such as Old Trafford-helps mitigate economic volatility.

For a deeper dive into valuation metrics, check out ValueRay.

Piotroski VR‑10 (Strict, 0-10) 4.0

Net Income: -9.08m TTM > 0 and > 6% of Revenue
FCF/TA: -0.08 > 0.02 and ΔFCF/TA 0.58 > 1.0
NWC/Revenue: -83.19% < 20% (prev -65.38%; Δ -17.81% < -1%)
CFO/TA 0.07 > 3% & CFO 109.4m > Net Income -9.08m
Net Debt (736.0m) to EBITDA (231.5m): 3.18 < 3
Current Ratio: 0.32 > 1.5 & < 3
Outstanding Shares: last quarter (172.7m) vs 12m ago 1.72% < -2%
Gross Margin: 64.81% > 18% (prev 0.90%; Δ 6391 % > 0.5%)
Asset Turnover: 40.08% > 50% (prev 38.78%; Δ 1.30% > 0%)
Interest Coverage Ratio: 0.22 > 6 (EBITDA TTM 231.5m / Interest Expense TTM 50.0m)

Altman Z'' -2.83

A: -0.33 (Total Current Assets 258.9m - Total Current Liabilities 804.1m) / Total Assets 1.67b
B: -0.21 (Retained Earnings -343.6m / Total Assets 1.67b)
C: 0.01 (EBIT TTM 11.0m / Avg Total Assets 1.64b)
D: -0.06 (Book Value of Equity -95.3m / Total Liabilities 1.48b)
Altman-Z'' Score: -2.83 = D

Beneish M -2.60

DSRI: 1.11 (Receivables 174.1m/148.6m, Revenue 655.4m/620.7m)
GMI: 1.39 (GM 64.81% / 89.93%)
AQI: 1.02 (AQ_t 0.66 / AQ_t-1 0.65)
SGI: 1.06 (Revenue 655.4m / 620.7m)
TATA: -0.07 (NI -9.08m - CFO 109.4m) / TA 1.67b)
Beneish M-Score: -2.60 (Cap -4..+1) = A

What is the price of MANU shares?

As of March 04, 2026, the stock is trading at USD 17.72 with a total of 270,985 shares traded.
Over the past week, the price has changed by +1.84%, over one month by +0.57%, over three months by +14.10% and over the past year by +23.83%.

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: 2
  • Buy: 0
  • Hold: 2
  • Sell: 0
  • StrongSell: 0

What are the forecasts/targets for the MANU price?

Issuer Target Up/Down from current
Wallstreet Target Price 23.1 30.4%
Analysts Target Price 23.1 30.4%

MANU Fundamental Data Overview March 02, 2026

Market Cap GBP = 2.31b (3.11b USD * 0.7451 USD.GBP)
P/S = 4.7384
P/B = 12.0096
P/EG = 1556.6
Revenue TTM = 655.4m GBP
EBIT TTM = 11.0m GBP
EBITDA TTM = 231.5m GBP
Long Term Debt = 481.3m GBP (from longTermDebt, last quarter)
Short Term Debt = 296.2m GBP (from shortTermDebt, last quarter)
Debt = 780.4m GBP (from shortLongTermDebtTotal, last quarter)
Net Debt = 736.0m GBP (from netDebt column, last quarter)
Enterprise Value = 3.05b GBP (2.31b + Debt 780.4m - CCE 44.4m)
Interest Coverage Ratio = 0.22 (Ebit TTM 11.0m / Interest Expense TTM 50.0m)
EV/FCF = -22.60x (Enterprise Value 3.05b / FCF TTM -135.0m)
FCF Yield = -4.43% (FCF TTM -135.0m / Enterprise Value 3.05b)
FCF Margin = -20.59% (FCF TTM -135.0m / Revenue TTM 655.4m)
Net Margin = -1.39% (Net Income TTM -9.08m / Revenue TTM 655.4m)
Gross Margin = 64.81% ((Revenue TTM 655.4m - Cost of Revenue TTM 230.6m) / Revenue TTM)
Gross Margin QoQ = 8.61% (prev 89.08%)
Tobins Q-Ratio = 1.83 (Enterprise Value 3.05b / Total Assets 1.67b)
Interest Expense / Debt = 1.88% (Interest Expense 14.7m / Debt 780.4m)
Taxrate = 25.68% (1.45m / 5.63m)
NOPAT = 8.20m (EBIT 11.0m * (1 - 25.68%))
Current Ratio = 0.32 (Total Current Assets 258.9m / Total Current Liabilities 804.1m)
Debt / Equity = 4.09 (Debt 780.4m / totalStockholderEquity, last quarter 190.7m)
Debt / EBITDA = 3.18 (Net Debt 736.0m / EBITDA 231.5m)
Debt / FCF = -5.45 (negative FCF - burning cash) (Net Debt 736.0m / FCF TTM -135.0m)
Total Stockholder Equity = 192.1m (last 4 quarters mean from totalStockholderEquity)
RoA = -0.56% (Net Income -9.08m / Total Assets 1.67b)
RoE = -4.73% (Net Income TTM -9.08m / Total Stockholder Equity 192.1m)
RoCE = 1.64% (EBIT 11.0m / Capital Employed (Equity 192.1m + L.T.Debt 481.3m))
RoIC = 0.90% (NOPAT 8.20m / Invested Capital 911.1m)
WACC = 6.60% (E(2.31b)/V(3.09b) * Re(8.36%) + D(780.4m)/V(3.09b) * Rd(1.88%) * (1-Tc(0.26)))
Discount Rate = 8.36% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 2.69%
[DCF] Fair Price = unknown (Cash Flow -135.0m)
EPS Correlation: 31.03 | EPS CAGR: 31.01% | SUE: -0.00 | # QB: 0
Revenue Correlation: 27.11 | Revenue CAGR: 6.02% | SUE: 0.03 | # QB: 0
EPS current Year (2026-06-30): EPS=-0.19 | Chg7d=-0.320 | Chg30d=-0.320 | Revisions Net=-1 | Growth EPS=-85.5% | Growth Revenue=-1.7%
EPS next Year (2027-06-30): EPS=0.06 | Chg7d=-0.330 | Chg30d=-0.330 | Revisions Net=-1 | Growth EPS=+131.6% | Growth Revenue=+14.6%

Additional Sources for MANU Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Fund Manager Positions: Dataroma | Stockcircle