(MANU) Manchester United - Ratings and Ratios

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

Sports, Apparel, Licensing, Broadcasting, Venue

EPS (Earnings per Share)

EPS (Earnings per Share) of MANU over the last years for every Quarter: "2020-12": 21.63, "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,

Revenue

Revenue of MANU over the last years for every Quarter: 2020-12: 172.85, 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: null,

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?

As of January 27, 2026, the stock is trading at USD 17.64 with a total of 602,232 shares traded.
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?

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 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

Market Cap GBP = 2.17b (2.96b USD * 0.7318 USD.GBP)
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

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