Added to YB: 2024-09-30
Pitch date: 2024-09-27
MANU [bullish]
Manchester United plc
-6.72%
current return
Author Info
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Company Info
Manchester United plc, together with its subsidiaries, operates a professional sports team in the United Kingdom.
Market Cap
$2.0B
Pitch Price
$16.51
Price Target
23.00 (+49%)
Dividend
N/A
EV/EBITDA
16.09
P/E
-30.99
EV/Sales
4.16
Sector
Entertainment
Category
N/A
Deep dive into Manchester United ($MANU)
MANU: Low revenue growth, declining profitability since IPO. All revenue sources depend on fans & success. Expenses growing faster than revenue. No intrinsic value, priced like collectibles. Ownership changes drive price, not fundamentals. Transfer period historically outperforms. Credit Suisse's 2015 valuation overly optimistic.
Read full article (6 min)