ESBA vs MANU vs MSC Stock Comparison

Empire State Realty OP, Manchester United and Studio City International Holdings Prices as of Oct 26, 2026 Peers: Industry group
MANU Manchester United plc
$20.72 +1.7% 1M +13.8% 1Y
Market cap
$3.56B
P/E
–
Revenue (TTM)
$909.31M
Div. yield
–
Entertainment Venues Consumer Discretionary
5 wins

Head to Head

9 decided of 12

Manchester United leads on 5 of the 12 questions below (Manchester United 5, Studio City International Holdings 3, Empire State Realty OP 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionESBAMANUMSCLeader
Larger companyMarket capitalisation $1.31B $3.56B $154.46M MANU
Cheaper on earningsLower P/E, profitable companies only 259.5x -61.6x -3.5x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS — — — –
Faster revenue growthRevenue growth, trailing twelve months +2.0% +5.5% +0.7% MANU
More profitableNet margin, trailing twelve months 0.6% -6.4% -6.5% ESBA
Better return on capitalReturn on invested capital -1.1% 2.6% 8.8% MSC
Less leveragedLower net debt / EBITDA 5.0x 2.4x 0.7x MSC
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -39.1% +13.8% -81.4% MANU
Better 5-year returnAnnualised price return, 5 years -14.3%/yr +5.0%/yr -38.0%/yr MANU
Less volatileAnnualised volatility, 1 year 51.8% 33.6% 108.9% MANU
Higher overall scoreMean of the five percentile scores vs peers 33/100 45/100 63/100 MSC

Percentile Scorecard

ESBAMANUMSC

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisESBAMANUMSC
Valuation 69 #45 of 145 30 #31 of 44 79 #7 of 29
Growth 2 #139 of 142 76 #11 of 43 68 #9 of 26
Profitability 26 #101 of 136 50 #21 of 41 36 #17 of 26
Financial Health 60 #56 of 139 24 #36 of 47 70 #10 of 31
Shareholder Returns 9 #120 of 131 – –
Overall 33 45 63
  • ESBA ranked among 149 companies in Property REITs
  • MANU ranked among 48 companies in Gaming and Leisure
  • MSC ranked among 32 companies in Travel and Lodging

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodESBAMANUMSCSPY
1 month +20.8%+1.7%-23.8% -0.8%
3 months -13.1%-9.8%-56.0% +3.5%
6 months -13.7%+20.3%-69.4% +7.0%
Year to date -23.3%+30.2%-78.3% +12.2%
1 year -39.1%+13.8%-81.4% +13.0%
3 years -38.8%+17.1%-84.3% +86.3%
3 years, per year -15.1%+5.4%-46.1% +23.1%
5 years -53.8%+27.5%-90.8% +68.6%
5 years, per year -14.3%+5.0%-38.0% +11.0%
10 years -75.4%+34.1%— +258.0%
10 years, per year -13.1%+3.0%— +13.6%

Risk

MeasureESBAMANUMSCSPY
Volatility, 1Y 51.8%33.6%108.9% 12.7%
Downside volatility, 1Y 61.1%32.1%124.6% 12.7%
Beta vs S&P 500, 1Y 0.420.68-1.28 1.00
Return / volatility, 1Y -0.750.41-0.75 1.02
Max drawdown, 5Y -66.4%-54.5%-91.3% -25.4%
From 52-week high -37.7%-14.3%-82.3% -1.8%
52-week high $7.75$24.19$4.36 $779.14
52-week low $3.85$15.20$0.77 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleESBAMANUMSC
P/E now vs peer median 256.9xmedian 27.4x -61.7xmedian 17.1x -3.3xmedian 18.8x
P/S now vs peer median 1.7xmedian 4.2x 4.0xmedian 1.9x 0.2xmedian 1.5x
EV/EBITDA now vs peer median 12.5xmedian 14.2x 13.0xmedian 10.9x -0.4xmedian 15.2x
P/FCF now vs peer median -3.0xmedian 23.2x 9.9xmedian 11.4x 1.2xmedian 16.1x
P/B now vs peer median 0.7xmedian 1.3x 18.1xmedian 2.5x 0.3xmedian 2.5x
PEG now vs peer median -4.30median 2.11 3.65median 0.57 -0.07median 0.38

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsESBAMANUMSC
Revenue $784.18M $909.31M $684.09M
Gross profit – -$21.12M $596.35M
Operating income -$34.52M $30.28M $76.15M
Net income $9.26M -$57.81M -$55.45M
Free cash flow -$437.31M $363.93M $124.87M
EPS (diluted) $0.02 $-0.34 $-0.23
Cash & equivalents $85.61M $89.13M $106.14M
Total debt $4.54B $3.96B $14.51M
Shares (diluted) 268.95M 172.43M 192.59M
Enterprise value $871.27M $3.23B -$223.95M

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricESBAMANUMSC
P/E 256.9x -61.7x -3.3x
P/FCF -3.0x 9.9x 1.2x
P/Operating cash flow 5.7x 14.3x 0.7x
P/S 1.7x 4.0x 0.2x
P/B 0.7x 18.1x 0.3x
P/Tangible book 0.7x 18.1x 0.3x
EV/EBITDA 12.5x 13.0x -0.4x
EV/EBIT -62.8x 146.4x 0.7x
EV/Revenue 2.8x 4.9x 0.1x
EV/FCF -5.0x 12.2x 0.5x
EV/Operating cash flow 9.5x 17.5x 0.3x
PEG (3Y EPS CAGR) -4.30 3.65 -0.07

Growth

14 metrics
MetricESBAMANUMSC
Revenue growth (1Y) 2.0% 5.5% 0.7%
Revenue CAGR (3Y) 2.9% 5.2% 57.9%
Gross profit growth (1Y) – 24.6% 1.4%
Gross profit CAGR (3Y) – – 90.1%
Operating income growth (1Y) -123.1% 223.3% 27.6%
Operating income CAGR (3Y) -31.0% 62.2% 34.0%
Net income growth (1Y) -86.5% -36.0% 22.3%
Net income CAGR (3Y) -51.3% -19.1% 42.2%
EPS growth (1Y) -92.1% -35.3% 32.3%
EPS CAGR (3Y) -59.8% -16.9% 45.5%
Operating cash flow growth (1Y) -13.3% 128.3% 3.1%
Operating cash flow CAGR (3Y) -0.8% 22.8% 53.8%
Free cash flow growth (1Y) -169.4% 141.3% -1.3%
Free cash flow CAGR (3Y) -149.9% 34.6% 75.3%

Profitability

14 metrics
MetricESBAMANUMSC
Gross margin – -2.3% 87.2%
EBITDA margin 22.1% 37.6% -19.0%
Operating margin -4.4% 3.3% 11.1%
Pretax margin 1.3% -7.0% -7.0%
Net margin 0.6% -6.4% -6.5%
FCF margin -55.8% 40.0% 18.3%
Operating cash flow margin 29.0% 27.8% 31.2%
Return on equity 0.5% -26.5% -10.1%
Return on assets 0.2% -2.8% -2.0%
Return on invested capital -1.1% 2.6% 8.8%
Return on capital employed – 2.5% 3.0%
Asset turnover 0.2x 0.4x 0.3x
Cash conversion (OCF / net income) 24.6x -4.4x -3.8x
Stock comp / revenue 3.9% 0.0% –

Financial Health

11 metrics
MetricESBAMANUMSC
Debt / assets 22.4% 44.5% 0.5%
Debt / equity 0.5x 4.6x 0.0x
Net debt / EBITDA 5.0x 2.4x 0.7x
Debt / FCF -2.2x 2.5x 0.1x
Liabilities / assets 58.1% 90.3% 80.1%
Equity / assets 41.9% 9.7% 19.9%
Interest coverage -0.3x 0.5x 0.6x
Current ratio – 0.3x 0.8x
Quick ratio – 0.2x 0.7x
Cash ratio – 0.1x 0.5x
Altman Z-score – 0.97 -0.71

Shareholder Returns

7 metrics
MetricESBAMANUMSC
Dividend yield 3.3% – –
Net buyback yield – – –
Shareholder yield 3.3% 0.0% –
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusESBAMANUMSC
EPS, next fiscal year – $-0.18FY2027 –
Revenue, next fiscal year – $1.07BFY2027 $1.25BFY2026
Revenue growth, next FY – +19.6%FY2027 +80.1%FY2026
Revenue growth, the year after – -6.0% –

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersESBAMANUMSC
Held by institutions – 17.1% 22.7%
Institutions holding – 125 12
Change in shares held, QoQ – +5.0% 0.0%
Institutions buying – 63 2
Institutions selling – 30 2
Buyers to sellers – 2.10 1.00

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

ESBAMANUMSC
ESBA 1.00 0.22 -0.07
MANU 0.22 1.00 -0.04
MSC -0.07 -0.04 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, ESBA, MANU and MSC?

Manchester United (MANU) is the largest by market capitalisation: Empire State Realty OP (ESBA) $1.31B, Manchester United (MANU) $3.56B, Studio City International Holdings (MSC) $154.46M.

Which company is growing faster?

Manchester United (MANU) grew revenue fastest over the trailing twelve months: Empire State Realty OP (ESBA) +2.0%, Manchester United (MANU) +5.5%, Studio City International Holdings (MSC) +0.7%.

Which company is more profitable?

Empire State Realty OP (ESBA) has the highest net margin (Empire State Realty OP (ESBA) 0.6%, Manchester United (MANU) -6.4%, Studio City International Holdings (MSC) -6.5%). On return on invested capital, Studio City International Holdings (MSC) leads (Empire State Realty OP (ESBA) -1.1%, Manchester United (MANU) 2.6%, Studio City International Holdings (MSC) 8.8%).

Which stock has performed better?

Over the past year Manchester United (MANU) returned the most: Empire State Realty OP (ESBA) -39.1%, Manchester United (MANU) +13.8%, Studio City International Holdings (MSC) -81.4%. Over five years, Manchester United (MANU) compounded fastest (Empire State Realty OP (ESBA) -14.3%/yr, Manchester United (MANU) +5.0%/yr, Studio City International Holdings (MSC) -38.0%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Manchester United (MANU) has been the steadiest (Empire State Realty OP (ESBA) 51.8%, Manchester United (MANU) 33.6%, Studio City International Holdings (MSC) 108.9%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, ESBA, MANU and MSC?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Manchester United (MANU) leads on 5. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.