(MANU) Manchester United - Ratings and Ratios

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

Sports, Apparel, Licensing, Broadcasting, Venue

Movies & Entertainment
Market Cap in USD: 2,871m

IPO / Inception: 2012-08-10
12m vs SPY: -16.5%

EPS (Earnings per Share)

EPS CAGR: 31.11%
EPS Trend: 36.6%

Last SUE: -0.01
Qual. Beats: 0

Revenue

Rev. CAGR: -7.16%
Rev. Trend: 3.6%

Last SUE: 0.00
Qual. Beats: 0

Dividends

Currently no dividends paid

Risk via 5d forecast
Volatility	37.5%
Value at Risk 5%th	48.4%
Relative Tail Risk	-21.54%

Reward TTM
Sharpe Ratio	0.12
Alpha	-15.78
CAGR/Max DD	-0.19

Character TTM
Hurst Exponent	0.588
Beta	0.709
Beta Downside	0.224

Drawdowns 3y
Max DD	54.51%
Mean DD	33.43%
Median DD	35.99%

Description: MANU Manchester United January 10, 2026

Manchester United plc (NYSE:MANU) runs a globally recognized football club and monetises its brand through a diversified portfolio that includes sponsorship and marketing agreements, licensed merchandise, live-match broadcasting, and the operation of Old Trafford stadium and related property assets. The business also distributes content via its own MUTV channel and e-commerce platforms, leveraging both direct sales and wholesale partners.

Key recent metrics underscore the importance of commercial and media streams: in FY 2023 the club generated £657 million in total revenue, with roughly 60 % derived from commercial activities (sponsorships, apparel, and licensing) and 30 % from broadcasting rights. Average match-day attendance at Old Trafford remained above 73,000, supporting robust match-day revenue despite broader economic headwinds. A primary sector driver is the escalating value of sports media rights, which have risen at a compound annual growth rate of ~10 % globally, pressuring clubs to secure long-term, high-value broadcast contracts.

For a deeper, data-driven valuation framework, you may want to explore the Manchester United profile on ValueRay.

Piotroski VR‑10 (Strict, 0-10) 3.5

Net Income (-43.3m TTM) > 0 and > 6% of Revenue (6% = 39.8m TTM)

FCFTA -0.11 (>2.0%) and ΔFCFTA -1.77pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue -129.6% (prev -76.88%; Δ -52.70pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.03 (>3.0%) and CFO 57.6m > Net Income -43.3m (YES >=105%, WARN >=100%)

Net Debt (677.2m) to EBITDA (222.2m) ratio: 3.05 <= 3.0 (WARN <= 3.5)

Current Ratio 0.23 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (172.4m) change vs 12m ago 1.84% (target <= -2.0% for YES)

Gross Margin 91.57% (prev 61.93%; Δ 29.64pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 39.39% (prev 39.42%; Δ -0.04pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio 0.10 (EBITDA TTM 222.2m / Interest Expense TTM 77.8m) >= 6 (WARN >= 3)

Altman Z'' -3.94

(A) -0.50 = (Total Current Assets 256.3m - Total Current Liabilities 1.12b) / Total Assets 1.73b

(B) -0.20 = Retained Earnings (Balance) -348.1m / Total Assets 1.73b

(D) -0.05 = Book Value of Equity -99.7m / Total Liabilities 2.07b

Total Rating: -3.94 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 25.73

1. Piotroski 3.50pt

2. FCF Yield -6.89%

3. FCF Margin -28.92%

4. Debt/Equity 4.07

5. Debt/Ebitda 3.05

6. ROIC - WACC (= -6.01)%

7. RoE -22.37%

8. Rev. Trend 3.59%

9. EPS Trend 36.60%

What is the price of MANU shares?

As of January 13, 2026, the stock is trading at USD 16.45 with a total of 404,271 shares traded.
Over the past week, the price has changed by +2.81%, over one month by +6.82%, over three months by -3.97% and over the past year by +1.04%.

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.

Strong Buy: 2
Buy: 0
Hold: 2
Sell: 0
Strong Sell: 0

What are the forecasts/targets for the MANU price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	22.8	38.6%
Analysts Target Price	22.8	38.6%
ValueRay Target Price	16.3	-1.2%

MANU Fundamental Data Overview January 13, 2026

Market Cap GBP = 2.14b (2.87b USD * 0.7444 USD.GBP)
P/S = 4.3252
P/B = 11.4492
P/EG = 1556.6
Beta = 0.568
Revenue TTM = 663.8m GBP
EBIT TTM = 7.61m GBP
EBITDA TTM = 222.2m GBP
Long Term Debt = 481.2m GBP (from longTermDebt, last quarter)
Short Term Debt = 268.8m GBP (from shortTermDebt, last quarter)
Debt = 757.7m GBP (from shortLongTermDebtTotal, last quarter)
Net Debt = 677.2m GBP (from netDebt column, last quarter)
Enterprise Value = 2.79b GBP (2.14b + Debt 757.7m - CCE 108.3m)
Interest Coverage Ratio = 0.10 (Ebit TTM 7.61m / Interest Expense TTM 77.8m)
EV/FCF = -14.52x (Enterprise Value 2.79b / FCF TTM -192.0m)
FCF Yield = -6.89% (FCF TTM -192.0m / Enterprise Value 2.79b)
FCF Margin = -28.92% (FCF TTM -192.0m / Revenue TTM 663.8m)
Net Margin = -6.52% (Net Income TTM -43.3m / Revenue TTM 663.8m)
Gross Margin = 91.57% ((Revenue TTM 663.8m - Cost of Revenue TTM 56.0m) / Revenue TTM)
Gross Margin QoQ = 100.0% (prev 74.80%)
Tobins Q-Ratio = 1.61 (Enterprise Value 2.79b / Total Assets 1.73b)
Interest Expense / Debt = 1.82% (Interest Expense 13.8m / Debt 757.7m)
Taxrate = 21.47% (-2.45m / -11.4m)
NOPAT = 5.97m (EBIT 7.61m * (1 - 21.47%))
Current Ratio = 0.23 (Total Current Assets 256.3m / Total Current Liabilities 1.12b)
Debt / Equity = 4.07 (Debt 757.7m / totalStockholderEquity, last quarter 186.3m)
Debt / EBITDA = 3.05 (Net Debt 677.2m / EBITDA 222.2m)
Debt / FCF = -3.53 (negative FCF - burning cash) (Net Debt 677.2m / FCF TTM -192.0m)
Total Stockholder Equity = 193.6m (last 4 quarters mean from totalStockholderEquity)
RoA = -2.57% (Net Income -43.3m / Total Assets 1.73b)
RoE = -22.37% (Net Income TTM -43.3m / Total Stockholder Equity 193.6m)
RoCE = 1.13% (EBIT 7.61m / Capital Employed (Equity 193.6m + L.T.Debt 481.2m))
RoIC = 0.66% (NOPAT 5.97m / Invested Capital 901.3m)
WACC = 6.67% (E(2.14b)/V(2.89b) * Re(8.53%) + D(757.7m)/V(2.89b) * Rd(1.82%) * (1-Tc(0.21)))
Discount Rate = 8.53% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 2.62%
Fair Price DCF = unknown (Cash Flow -192.0m)
EPS Correlation: 36.60 | EPS CAGR: 31.11% | SUE: -0.01 | # QB: 0
Revenue Correlation: 3.59 | Revenue CAGR: -7.16% | SUE: -0.00 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.12 | Chg30d=-0.040 | Revisions Net=-1 | Analysts=1
EPS current Year (2026-06-30): EPS=0.13 | Chg30d=-0.240 | Revisions Net=-1 | Growth EPS=+226.9% | Growth Revenue=-1.8%
EPS next Year (2027-06-30): EPS=0.39 | Chg30d=-0.040 | Revisions Net=-1 | Growth EPS=+200.0% | Growth Revenue=+14.6%

Additional Sources for MANU Stock

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