SIX FLAGS ENTERTAINMENT CORP (FUN)
US83001C1080 - Common Stock
Overall FUN gets a fundamental rating of 4 out of 10. We evaluated FUN against 135 industry peers in the Hotels, Restaurants & Leisure industry. While FUN is still in line with the averages on profitability rating, there are concerns on its financial health. FUN is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
FUN had positive earnings in the past year.
In the past year FUN had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: FUN reported negative net income in multiple years.
Of the past 5 years FUN 4 years had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 0.25%, FUN is doing worse than 60.45% of the companies in the same industry.
With a Return On Equity value of 0.99%, FUN perfoms like the industry average, outperforming 52.99% of the companies in the same industry.
FUN has a Return On Invested Capital of 3.27%. This is in the lower half of the industry: FUN underperforms 62.69% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for FUN is in line with the industry average of 10.51%.
The last Return On Invested Capital (3.27%) for FUN is well below the 3 year average (11.95%), which needs to be investigated, but indicates that FUN had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.25% | ||
| ROE | 0.99% | ||
| ROIC | 3.27% |
ROA(3y)5.74%
ROA(5y)0.4%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)11.95%
ROIC(5y)N/A
1.3 Margins
FUN has a Profit Margin of 0.97%. This is comparable to the rest of the industry: FUN outperforms 41.79% of its industry peers.
FUN's Profit Margin has declined in the last couple of years.
FUN has a better Operating Margin (14.52%) than 65.67% of its industry peers.
FUN's Operating Margin has declined in the last couple of years.
Looking at the Gross Margin, with a value of 91.41%, FUN belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
FUN's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 14.52% | ||
| PM (TTM) | 0.97% | ||
| GM | 91.41% |
OM growth 3YN/A
OM growth 5Y-4.16%
PM growth 3YN/A
PM growth 5Y-5.92%
GM growth 3Y2.51%
GM growth 5Y-0.08%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), FUN is creating some value.
The number of shares outstanding for FUN has been reduced compared to 1 year ago.
The number of shares outstanding for FUN has been reduced compared to 5 years ago.
Compared to 1 year ago, FUN has about the same debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 0.72, we must say that FUN is in the distress zone and has some risk of bankruptcy.
With a Altman-Z score value of 0.72, FUN is not doing good in the industry: 73.13% of the companies in the same industry are doing better.
FUN has a debt to FCF ratio of 38.83. This is a negative value and a sign of low solvency as FUN would need 38.83 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 38.83, FUN is in line with its industry, outperforming 41.79% of the companies in the same industry.
FUN has a Debt/Equity ratio of 1.95. This is a high value indicating a heavy dependency on external financing.
FUN has a Debt to Equity ratio (1.95) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.95 | ||
| Debt/FCF | 38.83 | ||
| Altman-Z | 0.72 |
ROIC/WACC0.43
WACC7.67%
2.3 Liquidity
FUN has a Current Ratio of 0.40. This is a bad value and indicates that FUN is not financially healthy enough and could expect problems in meeting its short term obligations.
FUN's Current ratio of 0.40 is on the low side compared to the rest of the industry. FUN is outperformed by 82.09% of its industry peers.
FUN has a Quick Ratio of 0.40. This is a bad value and indicates that FUN is not financially healthy enough and could expect problems in meeting its short term obligations.
FUN's Quick ratio of 0.32 is on the low side compared to the rest of the industry. FUN is outperformed by 81.34% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.4 | ||
| Quick Ratio | 0.32 |
3. Growth
3.1 Past
FUN shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -55.68%.
Measured over the past 5 years, FUN shows a small growth in Earnings Per Share. The EPS has been growing by 1.83% on average per year.
FUN shows a strong growth in Revenue. In the last year, the Revenue has grown by 33.40%.
FUN shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 5.93% yearly.
EPS 1Y (TTM)-55.68%
EPS 3YN/A
EPS 5Y1.83%
EPS Q2Q%-73.9%
Revenue 1Y (TTM)33.4%
Revenue growth 3Y114.76%
Revenue growth 5Y5.93%
Sales Q2Q%60.14%
3.2 Future
FUN is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 14.75% yearly.
The Revenue is expected to grow by 26.06% on average over the next years. This is a very strong growth
EPS Next Y-14.06%
EPS Next 2Y13.04%
EPS Next 3Y14.75%
EPS Next 5YN/A
Revenue Next Year83.39%
Revenue Next 2Y38.04%
Revenue Next 3Y26.06%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 19.48 indicates a rather expensive valuation of FUN.
FUN's Price/Earnings ratio is a bit cheaper when compared to the industry. FUN is cheaper than 76.12% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 29.70. FUN is valued slightly cheaper when compared to this.
The Price/Forward Earnings ratio is 15.24, which indicates a correct valuation of FUN.
FUN's Price/Forward Earnings ratio is rather cheap when compared to the industry. FUN is cheaper than 80.60% of the companies in the same industry.
FUN's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 24.16.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.48 | ||
| Fwd PE | 15.24 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of FUN is on the same level as its industry peers.
FUN's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 38.37 | ||
| EV/EBITDA | 16.19 |
4.3 Compensation for Growth
A more expensive valuation may be justified as FUN's earnings are expected to grow with 14.75% in the coming years.
PEG (NY)N/A
PEG (5Y)10.63
EPS Next 2Y13.04%
EPS Next 3Y14.75%
5. Dividend
5.1 Amount
FUN has a Yearly Dividend Yield of 2.59%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 2.78, FUN pays a better dividend. On top of this FUN pays more dividend than 85.07% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.16, FUN has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.59% |
5.2 History
The dividend of FUN decreases each year by -19.99%.
FUN has been paying a dividend for at least 10 years, so it has a reliable track record.
The dividend of FUN decreased in the last 3 years.
Dividend Growth(5Y)-19.99%
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
197.27% of the earnings are spent on dividend by FUN. This is not a sustainable payout ratio.
DP197.27%
EPS Next 2Y13.04%
EPS Next 3Y14.75%
SIX FLAGS ENTERTAINMENT CORP
NYSE:FUN (12/3/2024, 12:18:10 PM)
47.14
-1.21 (-2.5%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap4.73B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.59% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
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Min EPS beat(4)
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EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
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Min Revenue beat(4)
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Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
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Revenue beat(16)
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PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.48 | ||
| Fwd PE | 15.24 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)10.63
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.25% | ||
| ROE | 0.99% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 14.52% | ||
| PM (TTM) | 0.97% | ||
| GM | 91.41% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.26
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.95 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 0.4 | ||
| Quick Ratio | 0.32 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
High Growth Momentum
Growth
EPS 1Y (TTM)-55.68%
EPS 3YN/A
EPS 5Y
EPS Q2Q%
EPS Next Y-14.06%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)33.4%
Revenue growth 3Y114.76%
Revenue growth 5Y
Sales Q2Q%
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y