Manchester Enterprise Value vs Asset Turnover Analysis

MANU Stock  USD 15.55  0.13  0.84%   
Manchester United financial indicator trend analysis is infinitely more than just investigating Manchester United recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Manchester United is a good investment. Please check the relationship between Manchester United Enterprise Value and its Asset Turnover accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Manchester United. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Manchester Stock please use our How to Invest in Manchester United guide.

Enterprise Value vs Asset Turnover

Enterprise Value vs Asset Turnover Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Manchester United Enterprise Value account and Asset Turnover. At this time, the significance of the direction appears to have strong relationship.
The correlation between Manchester United's Enterprise Value and Asset Turnover is 0.75. Overlapping area represents the amount of variation of Enterprise Value that can explain the historical movement of Asset Turnover in the same time period over historical financial statements of Manchester United, assuming nothing else is changed. The correlation between historical values of Manchester United's Enterprise Value and Asset Turnover is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Enterprise Value of Manchester United are associated (or correlated) with its Asset Turnover. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Asset Turnover has no effect on the direction of Enterprise Value i.e., Manchester United's Enterprise Value and Asset Turnover go up and down completely randomly.

Correlation Coefficient

0.75
Relationship DirectionPositive 
Relationship StrengthSignificant

Enterprise Value

Enterprise Value (or EV) is usually referred to as Manchester United theoretical takeover price. In the event of an acquisition, an acquirer would have to take on Manchester United debt, but would also pocket its cash. Enterprise Value is more accurate representation of Manchester United value than its market capitalization because it takes into account all of Manchester United existing debt. A measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization that includes the market capitalization, plus total debt, minority interest and preferred shares, minus total cash and cash equivalents.

Asset Turnover

The ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales.
Most indicators from Manchester United's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Manchester United current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Manchester United. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Manchester Stock please use our How to Invest in Manchester United guide.Selling General Administrative is likely to gain to about 423.5 M in 2024, despite the fact that Tax Provision is likely to grow to (3.3 M).
 2021 2022 2023 2024 (projected)
EBITDA80.6M157.9M181.6M144.8M
Depreciation And Amortization165.8M186.5M214.5M109.2M

Manchester United fundamental ratios Correlations

0.310.70.340.46-0.07-0.020.790.620.660.670.70.870.28-0.070.310.760.890.49-0.070.860.120.8-0.84-0.01-0.22
0.310.45-0.460.1-0.59-0.570.15-0.10.030.380.360.40.050.390.07-0.160.580.05-0.320.110.440.58-0.35-0.110.31
0.70.45-0.340.39-0.54-0.620.690.310.440.480.480.56-0.060.310.50.520.820.46-0.180.480.730.79-0.62-0.110.3
0.34-0.46-0.340.110.760.90.080.510.290.140.260.270.36-0.61-0.310.53-0.090.180.250.51-0.81-0.14-0.250.19-0.8
0.460.10.390.110.08-0.080.390.28-0.030.050.160.35-0.16-0.210.220.440.430.93-0.270.330.150.49-0.32-0.24-0.01
-0.07-0.59-0.540.760.080.82-0.160.250.15-0.12-0.05-0.110.21-0.54-0.320.14-0.420.070.130.16-0.82-0.460.120.21-0.61
-0.02-0.57-0.620.9-0.080.82-0.090.390.03-0.250.04-0.150.07-0.4-0.380.21-0.41-0.070.090.29-0.95-0.370.18-0.02-0.59
0.790.150.690.080.39-0.16-0.090.620.550.270.560.48-0.170.370.570.520.80.3-0.350.770.210.82-0.42-0.380.24
0.62-0.10.310.510.280.250.390.620.270.170.180.34-0.080.070.180.590.40.22-0.320.91-0.260.33-0.37-0.32-0.22
0.660.030.440.29-0.030.150.030.550.270.60.590.590.46-0.180.370.570.560.070.410.510.050.46-0.540.35-0.22
0.670.380.480.140.05-0.12-0.250.270.170.60.470.920.81-0.3-0.050.380.640.130.280.410.230.39-0.920.61-0.44
0.70.360.480.260.16-0.050.040.560.180.590.470.590.20.040.030.440.610.27-0.050.550.010.64-0.570.03-0.19
0.870.40.560.270.35-0.11-0.150.480.340.590.920.590.66-0.320.090.580.80.40.160.590.180.61-0.970.38-0.41
0.280.05-0.060.36-0.160.210.07-0.17-0.080.460.810.20.66-0.67-0.310.190.15-0.070.650.07-0.12-0.09-0.630.89-0.71
-0.070.390.31-0.61-0.21-0.54-0.40.370.07-0.18-0.30.04-0.32-0.670.29-0.410.21-0.34-0.710.050.360.330.32-0.660.8
0.310.070.5-0.310.22-0.32-0.380.570.180.37-0.050.030.09-0.310.290.30.50.14-0.040.220.490.47-0.02-0.390.55
0.76-0.160.520.530.440.140.210.520.590.570.380.440.580.19-0.410.30.490.610.290.690.030.46-0.620.08-0.39
0.890.580.82-0.090.43-0.42-0.410.80.40.560.640.610.80.150.210.50.490.4-0.190.650.460.93-0.74-0.120.16
0.490.050.460.180.930.07-0.070.30.220.070.130.270.4-0.07-0.340.140.610.4-0.080.30.190.45-0.43-0.09-0.15
-0.07-0.32-0.180.25-0.270.130.09-0.35-0.320.410.28-0.050.160.65-0.71-0.040.29-0.19-0.08-0.270.0-0.27-0.160.75-0.46
0.860.110.480.510.330.160.290.770.910.510.410.550.590.070.050.220.690.650.3-0.27-0.180.58-0.6-0.22-0.25
0.120.440.73-0.810.15-0.82-0.950.21-0.260.050.230.010.18-0.120.360.490.030.460.190.0-0.180.44-0.220.00.58
0.80.580.79-0.140.49-0.46-0.370.820.330.460.390.640.61-0.090.330.470.460.930.45-0.270.580.44-0.54-0.30.3
-0.84-0.35-0.62-0.25-0.320.120.18-0.42-0.37-0.54-0.92-0.57-0.97-0.630.32-0.02-0.62-0.74-0.43-0.16-0.6-0.22-0.54-0.40.47
-0.01-0.11-0.110.19-0.240.21-0.02-0.38-0.320.350.610.030.380.89-0.66-0.390.08-0.12-0.090.75-0.220.0-0.3-0.4-0.62
-0.220.310.3-0.8-0.01-0.61-0.590.24-0.22-0.22-0.44-0.19-0.41-0.710.80.55-0.390.16-0.15-0.46-0.250.580.30.47-0.62
Click cells to compare fundamentals

Manchester United Account Relationship Matchups

Manchester United fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.4B1.3B1.3B1.3B1.5B1.1B
Other Current Liab114.2M123.0M130.1M108.2M124.4M71.7M
Total Current Liabilities398.3M384.0M494.8M526.9M605.9M636.2M
Total Stockholder Equity351.2M272.5M127.5M104.0M119.5M113.6M
Other Liab101.4M130.2M138.1M171.9M197.7M127.4M
Net Tangible Assets(77.1M)(482.0M)(299.6M)(323.5M)(291.2M)(276.6M)
Retained Earnings87.2M(13.7M)(170.0M)(196.7M)(177.0M)(168.1M)
Accounts Payable105.9M76.6M91.6M142.1M163.4M83.2M
Cash51.5M110.7M121.2M76.0M87.4M132.5M
Other Assets471.4M41.5M380.2M434.7M499.9M265.8M
Long Term Debt520.0M465.0M530.4M507.3M583.4M482.0M
Net Receivables163.4M92.5M91.6M89.7M103.2M78.1M
Inventory2.2M2.1M2.2M3.2M2.8M3.0M
Other Current Assets7.7M7.7M22.1M24.8M22.3M11.9M
Total Liab1.0B987.8M1.2B1.2B1.4B805.2M
Deferred Long Term Liab346.9M328.0M316.2M384.9M442.6M464.7M
Short Long Term Debt5.6M65.2M105.8M106.0M121.9M78.1M
Total Current Assets224.8M212.9M237.2M193.7M222.8M198.4M
Accumulated Other Comprehensive Income216.5M238.6M250.0M253.0M291.0M305.5M
Short Term Debt6.7M66.4M107.3M107.0M123.0M129.2M
Intangible Assets353.7M333.0M321.8M390.9M449.6M226.5M
Property Plant Equipment259.0M251.4M246.7M262.0M301.3M305.9M
Short Long Term Debt Total530.0M534.6M640.6M622.2M715.5M576.1M
Property Plant And Equipment Net259.0M251.4M246.7M262.0M301.3M273.6M
Current Deferred Revenue171.6M118.0M165.8M169.6M195.1M169.1M
Net Debt478.5M423.9M519.3M546.2M491.5M297.3M
Non Current Assets Total1.2B1.0B1.1B1.1B1.3B1.1B
Non Currrent Assets Other66.1M41.5M66.5M49.8M57.3M32.8M
Cash And Short Term Investments51.5M110.7M121.2M76.0M87.4M167.3M
Common Stock Shares Outstanding164.3M162.9M163.0M163.1M187.5M177.6M
Liabilities And Stockholders Equity1.4B1.3B1.3B1.3B1.5B1.4B
Non Current Liabilities Total633.9M603.8M671.3M687.1M618.4M491.7M
Property Plant And Equipment Gross259.0M251.4M246.7M262.0M301.3M282.5M
Capital Lease Obligations4.4M4.3M4.4M8.9M10.2M10.7M
Net Invested Capital876.8M802.7M763.6M717.2M645.5M684.4M

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When determining whether Manchester United is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Manchester Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Manchester United Stock. Highlighted below are key reports to facilitate an investment decision about Manchester United Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Manchester United. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Manchester Stock please use our How to Invest in Manchester United guide.
You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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When running Manchester United's price analysis, check to measure Manchester United's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Manchester United is operating at the current time. Most of Manchester United's value examination focuses on studying past and present price action to predict the probability of Manchester United's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Manchester United's price. Additionally, you may evaluate how the addition of Manchester United to your portfolios can decrease your overall portfolio volatility.
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Is Manchester United's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Manchester United. If investors know Manchester will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Manchester United listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
2.231
Earnings Share
(0.21)
Revenue Per Share
4.416
Quarterly Revenue Growth
0.349
Return On Assets
0.0003
The market value of Manchester United is measured differently than its book value, which is the value of Manchester that is recorded on the company's balance sheet. Investors also form their own opinion of Manchester United's value that differs from its market value or its book value, called intrinsic value, which is Manchester United's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Manchester United's market value can be influenced by many factors that don't directly affect Manchester United's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Manchester United's value and its price as these two are different measures arrived at by different means. Investors typically determine if Manchester United is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Manchester United's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.