(MANU) Manchester United - Ratings and Ratios
Sports, Apparel, Licensing, Broadcasting, Venue
EPS (Earnings per Share)
Revenue
Dividends
Currently no dividends paid| Risk via 5d forecast | |
|---|---|
| Volatility | 36.7% |
| Value at Risk 5%th | 47.7% |
| Relative Tail Risk | -21.08% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.30 |
| Alpha | -2.67 |
| CAGR/Max DD | -0.15 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.620 |
| Beta | 0.688 |
| Beta Downside | 0.203 |
| Drawdowns 3y | |
|---|---|
| Max DD | 54.51% |
| Mean DD | 33.83% |
| Median DD | 36.16% |
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 |
| FCF/TA: -0.11 > 0.02 and ΔFCF/TA -1.77 > 1.0 |
| NWC/Revenue: -129.6% < 20% (prev -76.88%; Δ -52.70% < -1%) |
| CFO/TA 0.03 > 3% & CFO 57.6m > Net Income -43.3m |
| Net Debt (677.2m) to EBITDA (222.2m): 3.05 < 3 |
| Current Ratio: 0.23 > 1.5 & < 3 |
| Outstanding Shares: last quarter (172.4m) vs 12m ago 1.84% < -2% |
| Gross Margin: 91.57% > 18% (prev 0.62%; Δ 9095 % > 0.5%) |
| Asset Turnover: 39.39% > 50% (prev 39.42%; Δ -0.04% > 0%) |
| Interest Coverage Ratio: 0.10 > 6 (EBITDA TTM 222.2m / Interest Expense TTM 77.8m) |
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 -348.1m / Total Assets 1.73b) |
| C: 0.00 (EBIT TTM 7.61m / Avg Total Assets 1.69b) |
| D: -0.05 (Book Value of Equity -99.7m / Total Liabilities 2.07b) |
| Altman-Z'' Score: -3.94 = D |
Beneish M -2.54
| DSRI: 1.99 (Receivables 177.6m/87.3m, Revenue 663.8m/647.7m) |
| GMI: 0.68 (GM 91.57% / 61.93%) |
| AQI: 1.02 (AQ_t 0.67 / AQ_t-1 0.66) |
| SGI: 1.02 (Revenue 663.8m / 647.7m) |
| TATA: -0.06 (NI -43.3m - CFO 57.6m) / TA 1.73b) |
| Beneish M-Score: -2.54 (Cap -4..+1) = A |
ValueRay F-Score (Strict, 0-100) 25.53
| 1. Piotroski: 3.50pt |
| 2. FCF Yield: -6.82% |
| 3. FCF Margin: -28.92% |
| 4. Debt/Equity: 4.07 |
| 5. Debt/Ebitda: 3.05 |
| 6. ROIC - WACC: -5.97% |
| 7. RoE: -22.37% |
| 8. Revenue Trend: 3.59% |
| 9. EPS Trend: 30.91% |
What is the price of MANU shares?
Over the past week, the price has changed by +4.26%, over one month by +11.22%, over three months by -3.29% and over the past year by +9.63%.
Is MANU a buy, sell or hold?
- 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 | 23.2 | 31.5% |
| Analysts Target Price | 23.2 | 31.5% |
| ValueRay Target Price | 17.6 | -0.2% |
MANU Fundamental Data Overview January 27, 2026
P/S = 4.4603
P/B = 11.7698
P/EG = 1556.6
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 = 2.82b GBP (2.17b + Debt 757.7m - CCE 108.3m)
Interest Coverage Ratio = 0.10 (Ebit TTM 7.61m / Interest Expense TTM 77.8m)
EV/FCF = -14.67x (Enterprise Value 2.82b / FCF TTM -192.0m)
FCF Yield = -6.82% (FCF TTM -192.0m / Enterprise Value 2.82b)
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 = 1.63 (Enterprise Value 2.82b / Total Assets 1.73b)
Interest Expense / Debt = 1.82% (Interest Expense 13.8m / Debt 757.7m)
Taxrate = 21.0% (US default 21%)
NOPAT = 6.01m (EBIT 7.61m * (1 - 21.00%))
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 = 0.67% (NOPAT 6.01m / Invested Capital 901.3m)
WACC = 6.63% (E(2.17b)/V(2.92b) * Re(8.45%) + D(757.7m)/V(2.92b) * Rd(1.82%) * (1-Tc(0.21)))
Discount Rate = 8.45% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 2.62%
Fair Price DCF = unknown (Cash Flow -192.0m)
EPS Correlation: 30.91 | EPS CAGR: 30.98% | 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
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle