QualityDipStocks / Consumer Discretionary · Entertainment & recreation
Manchester United MANU
Outside our quality screen, so we don’t track its dips. It’s 11% below its 52-week high.
Outside our quality screen. No fair value estimate for now: a capital-spending surge is squeezing its free cash flow.
- Fair value est.
- n/a
- Market Value
- —
- Off 52-wk high
- −11%
- Risk vs market
- Lowbeta 0.66
0 bullish · 5 bearish See why
Valuation
What we estimate it's worth, and how it ranks on value vs every stock we cover.
Fair value estimate
Estimate unreliable for MANU: free cash flow is squeezed by a capital-spending surge (capex is 62% of operating cash flow over the last 12 months, vs 9% in FY2022), so a DCF on today's free cash flow would understate the business. We’d rather show nothing than a made-up number.
Risk vs market
How risk vs market is measured
One year of daily returns (Oct 31 to Nov 2, 252 sessions). Beta = how much MANU moved for each 1% move in the S&P 500 (SPY); 1.0 moves with the market. Volatility is the yearly standard deviation of daily returns. Past behavior, not a forecast.
Moves much less than the market, but its own price swings are 2.6× the S&P 500’s (it moves on its own news).
- Beta vs S&P 500
- 0.66
- Volatility
- 33% vs 13% SPY
- Correlation SPY
- 0.25
- Correlation QQQ
- 0.18
How it ranks
Where MANU stands vs every one of the 1,996 stocks we cover that has the number. Longer bar = better.
Not in the top quarter on any of these 5 measures
- Free cash flow yield1% · free cash flow vs market capLowest 21%of 1,391
- Dividends + buybacks yield0% · cash paid out or used to retire shares, vs market capLowest 1%of 1,836
- Revenue growth, last 12 months+0.7% · vs the 12 months beforeLowest 15%of 1,814
- Operating margin−2.8% · of sales kept as operating profitLowest 9%of 1,288
- Return on invested capital−5.3% · profit per dollar of capitalLowest 4%of 838
From SEC filings and our fair value estimate model. A ranking, not advice.
Valuation details
Fundamentals
The business itself: sales, profits, cash and debt, from SEC filings.
Bull vs bear
Rule-based from the data on this page, strongest first. Not advice.
Top bullish points 0 of 5
Nothing in our data makes a clear bull case right now.
Top bearish points 5 of 5
Balance sheetOperating income covers interest only -0.3× over the last 12 months.
ProfitabilityLost $44M over the last 12 months (net income, SEC filings).
ProfitabilityLoses money at the operating line: −3% operating margin over the last 12 months.
Cash returnsFree cash flow fell 59% over the last 12 months vs the 12 months before.
QualityDoesn’t pass our quality screen: ROE under 12% and ROIC under 10%; sales down vs the year-ago quarter; net debt 57.8× EBITDA (limit 3×).
All fundamentals
FCF yield 1.0% · ROE -20% · Sales +1%
Valuation
- P/E
- n/aloss over the last 12 months
- Price / FCF
- 98.5×
- FCF yield
- 1.0%
- EV / EBITDA
- n/aD&A or debt not tagged in SEC data
- Price / sales
- 4.14×
- Price / book
- 14.23×
- Market cap
- $3.7Blisted
- Enterprise value
- $3.8B
Growth
- Revenue, 12 months
- $895M
- Sales growth, 12 months
- +0.7%vs the 12 months before
- Sales growth, 3 yrs
- +4.6%/yrfrom FY2022
- Diluted EPS, 12 months
- −$0.19
- EPS growth, last FY
- n/afewer than two years of diluted EPS
- Net income, 12 months
- −$44M
- Net income growth
- n/anot reported in its SEC filings
Profitability
- Gross margin
- n/agross profit isn't reported (common for service and financial companies)
- Operating margin
- −2.8%
- Net margin
- −5.0%
- FCF margin
- 4.2%
- Return on equity
- −20%
- Return on invested capital
- −5%
Balance sheet
- Cash & short-term inv.
- $116M
- Total debt
- $222M
- Net cash
- −$106M
- Debt / equity
- 0.85×
- Interest coverage
- -0.3×operating income / interest
Cash flow & returns
- Free cash flow, 12 months
- $38M
- FCF growth, 12 months
- −59%
- Dividend yield
- 0%
- Payout ratio
- n/anot reported in its SEC filings
- Buybacks, 12 months
- n/anot reported in its SEC filings
- Share count, 1 year
- n/ano quarterly diluted share count
- Stock-based comp
- n/anot reported in its SEC filings
Trailing 12 months to Jun 30, 2025; balance sheet at Jun 30, 2025. From Manchester United’s SEC filings, reported in GBP and converted to US dollars. Sparklines show up to six fiscal years. n/a means we don’t hold that number, with the reason. How each is computed.
The business
FCF $-0.0B · Sales −4%
- Free cash flow, 12 months−$0.0B
- Free-cash-flow yield1.0%
- Free-cash-flow margin−2%
- Gross margin83%
- Operating margin−15%
- Return on invested capital−12%
- Return on equity−25%
- Sales growth (latest quarter vs year-ago quarter)−4%
- Net debt / EBITDA57.8×
Chart & levels
Where the price is vs its key levels and trends.
Key levels
Every level vs today’s $21.41
- 52-wk lowlowest close, 1 year$15.20−29.0%
- PriceMon Nov 2 close$21.41you are here
- 52-wk highhighest close, 1 year$24.19+13.0%
Momentum & 52-week range
RSI 61 · 5 days +3.3%
Signals
Reversal signal setups, the public ledger and the next earnings date.
Setup & signals
No setup armed
No setup armed, so there’s no trigger or stop to track yet. Reversal signal rules only run on companies that pass our quality screen.
MANU is outside our quality screen
One text when a published rule fires on one of the 332 quality companies we track: the ticker, the price, the stop and a link to the numbers. Nothing else.
Voices & buzz
Who is talking about it, and how it compares with peers.
Who’s talking about it
Notable investors, executives, analysts and public figures on Manchester United in the last 48 hours. Headlines as published, each linked. Their words, not ours.
No notable mentions in the last 48 hours. Checked Nov 3, 1:01 PM ET.
Compare with peers
Closest in size in Services-Misc. Amusement & Recreation
Information only, not investment advice. Fair value estimates and talking points are rule-based model output from public data and can be wrong; stop levels are reference points, not orders. How every number is computed.