GOLDEN ENTERTAINMENT INC (GDEN) Stock Fundamental Analysis
USA - NASDAQ:GDEN - US3810131017 - Common Stock
24.4 USD
-0.41 (-1.65%)
24.4 USD
0 (0%)
GDEN gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 133 industry peers in the Hotels, Restaurants & Leisure industry. GDEN has only an average score on both its financial health and profitability. GDEN has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
GDEN had positive earnings in the past year.
GDEN had a positive operating cash flow in the past year.
GDEN had positive earnings in 4 of the past 5 years.
Each year in the past 5 years GDEN had a positive operating cash flow.
1.2 Ratios
GDEN has a Return On Assets of 1.46%. This is comparable to the rest of the industry: GDEN outperforms 40.60% of its industry peers.
Looking at the Return On Equity, with a value of 3.45%, GDEN is in line with its industry, outperforming 53.38% of the companies in the same industry.
GDEN's Return On Invested Capital of 3.47% is on the low side compared to the rest of the industry. GDEN is outperformed by 60.90% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for GDEN is significantly below the industry average of 15.68%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.46% | ||
| ROE | 3.45% | ||
| ROIC | 3.47% |
ROA(3y)9.25%
ROA(5y)5.82%
ROE(3y)27.19%
ROE(5y)9.51%
ROIC(3y)5.89%
ROIC(5y)N/A
1.3 Margins
GDEN's Profit Margin of 2.35% is in line compared to the rest of the industry. GDEN outperforms 44.36% of its industry peers.
GDEN's Profit Margin has declined in the last couple of years.
GDEN's Operating Margin of 6.98% is in line compared to the rest of the industry. GDEN outperforms 45.86% of its industry peers.
GDEN's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 54.18%, GDEN is in the better half of the industry, outperforming 63.16% of the companies in the same industry.
GDEN's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.98% | ||
| PM (TTM) | 2.35% | ||
| GM | 54.18% |
OM growth 3Y-22.49%
OM growth 5Y6.45%
PM growth 3Y-19.81%
PM growth 5YN/A
GM growth 3Y6.15%
GM growth 5Y5.94%
2. Health
2.1 Basic Checks
GDEN has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
GDEN has less shares outstanding than it did 1 year ago.
GDEN has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, GDEN has an improved debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 1.36, we must say that GDEN is in the distress zone and has some risk of bankruptcy.
GDEN has a Altman-Z score (1.36) which is in line with its industry peers.
The Debt to FCF ratio of GDEN is 8.67, which is on the high side as it means it would take GDEN, 8.67 years of fcf income to pay off all of its debts.
GDEN's Debt to FCF ratio of 8.67 is fine compared to the rest of the industry. GDEN outperforms 64.66% of its industry peers.
A Debt/Equity ratio of 0.95 indicates that GDEN is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.95, GDEN is in the better half of the industry, outperforming 62.41% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.95 | ||
| Debt/FCF | 8.67 | ||
| Altman-Z | 1.36 |
ROIC/WACC0.38
WACC9.11%
2.3 Liquidity
GDEN has a Current Ratio of 1.12. This is a normal value and indicates that GDEN is financially healthy and should not expect problems in meeting its short term obligations.
GDEN's Current ratio of 1.12 is in line compared to the rest of the industry. GDEN outperforms 59.40% of its industry peers.
GDEN has a Quick Ratio of 1.03. This is a normal value and indicates that GDEN is financially healthy and should not expect problems in meeting its short term obligations.
GDEN has a Quick ratio of 1.03. This is in the better half of the industry: GDEN outperforms 60.15% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.12 | ||
| Quick Ratio | 1.03 |
3. Growth
3.1 Past
GDEN shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 127.69%, which is quite impressive.
The earnings per share for GDEN have been decreasing by -59.56% on average. This is quite bad
Looking at the last year, GDEN shows a very negative growth in Revenue. The Revenue has decreased by -21.68% in the last year.
The Revenue has been decreasing by -7.29% on average over the past years.
EPS 1Y (TTM)127.69%
EPS 3Y-59.56%
EPS 5YN/A
EPS Q2Q%750%
Revenue 1Y (TTM)-21.68%
Revenue growth 3Y-15.28%
Revenue growth 5Y-7.29%
Sales Q2Q%-2.22%
3.2 Future
GDEN is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 50.80% yearly.
The Revenue is expected to grow by 0.71% on average over the next years.
EPS Next Y26.79%
EPS Next 2Y50.74%
EPS Next 3Y50.8%
EPS Next 5YN/A
Revenue Next Year-3.34%
Revenue Next 2Y-0.58%
Revenue Next 3Y0.71%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 45.19, the valuation of GDEN can be described as expensive.
Compared to the rest of the industry, the Price/Earnings ratio of GDEN is on the same level as its industry peers.
When comparing the Price/Earnings ratio of GDEN to the average of the S&P500 Index (27.30), we can say GDEN is valued expensively.
Based on the Price/Forward Earnings ratio of 31.58, the valuation of GDEN can be described as expensive.
GDEN's Price/Forward Earnings ratio is in line with the industry average.
GDEN is valuated rather expensively when we compare the Price/Forward Earnings ratio to 22.73, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 45.19 | ||
| Fwd PE | 31.58 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, GDEN is valued cheaply inside the industry as 84.21% of the companies are valued more expensively.
GDEN's Price/Free Cash Flow ratio is rather cheap when compared to the industry. GDEN is cheaper than 87.97% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.86 | ||
| EV/EBITDA | 7.5 |
4.3 Compensation for Growth
GDEN's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
A more expensive valuation may be justified as GDEN's earnings are expected to grow with 50.80% in the coming years.
PEG (NY)1.69
PEG (5Y)N/A
EPS Next 2Y50.74%
EPS Next 3Y50.8%
5. Dividend
5.1 Amount
GDEN has a Yearly Dividend Yield of 4.03%, which is a nice return.
Compared to an average industry Dividend Yield of 3.93, GDEN pays a better dividend. On top of this GDEN pays more dividend than 90.23% of the companies listed in the same industry.
GDEN's Dividend Yield is rather good when compared to the S&P500 average which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.03% |
5.2 History
GDEN has been paying a dividend for less than 5 years, so it still needs to build a track record.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
178.95% of the earnings are spent on dividend by GDEN. This is not a sustainable payout ratio.
DP178.95%
EPS Next 2Y50.74%
EPS Next 3Y50.8%
24.4
-0.41 (-1.65%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)
Earnings (Next)
Inst Owners72.46%
Inst Owner Change0.1%
Ins Owners26.53%
Ins Owner Change5.53%
Market Cap638.30M
Analysts77.14
Price Target34.55 (41.6%)
Short Float %5.9%
Short Ratio5.31
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.03% |
Yearly Dividend0.77
Dividend Growth(5Y)N/A
DP178.95%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-16.87%
Min EPS beat(2)-28.43%
Max EPS beat(2)-5.3%
EPS beat(4)1
Avg EPS beat(4)13.07%
Min EPS beat(4)-53.76%
Max EPS beat(4)139.77%
EPS beat(8)1
Avg EPS beat(8)-155%
EPS beat(12)1
Avg EPS beat(12)-113.38%
EPS beat(16)3
Avg EPS beat(16)-79.05%
Revenue beat(2)0
Avg Revenue beat(2)-4.03%
Min Revenue beat(2)-4.4%
Max Revenue beat(2)-3.67%
Revenue beat(4)0
Avg Revenue beat(4)-3.77%
Min Revenue beat(4)-4.44%
Max Revenue beat(4)-2.58%
Revenue beat(8)2
Avg Revenue beat(8)-2.62%
Revenue beat(12)3
Avg Revenue beat(12)-1.9%
Revenue beat(16)5
Avg Revenue beat(16)-1.16%
PT rev (1m)-3.9%
PT rev (3m)-4.24%
EPS NQ rev (1m)-59.67%
EPS NQ rev (3m)-124.34%
EPS NY rev (1m)-23.44%
EPS NY rev (3m)-26.59%
Revenue NQ rev (1m)-0.53%
Revenue NQ rev (3m)-6.26%
Revenue NY rev (1m)-1.65%
Revenue NY rev (3m)-2.25%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 45.19 | ||
| Fwd PE | 31.58 | ||
| P/S | 0.98 | ||
| P/FCF | 12.86 | ||
| P/OCF | 7.01 | ||
| P/B | 1.44 | ||
| P/tB | 2.09 | ||
| EV/EBITDA | 7.5 |
EPS(TTM)0.54
EY2.21%
EPS(NY)0.77
Fwd EY3.17%
FCF(TTM)1.9
FCFY7.78%
OCF(TTM)3.48
OCFY14.26%
SpS24.84
BVpS16.95
TBVpS11.65
PEG (NY)1.69
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.46% | ||
| ROE | 3.45% | ||
| ROCE | 4.73% | ||
| ROIC | 3.47% | ||
| ROICexc | 3.67% | ||
| ROICexgc | 4.33% | ||
| OM | 6.98% | ||
| PM (TTM) | 2.35% | ||
| GM | 54.18% | ||
| FCFM | 7.64% |
ROA(3y)9.25%
ROA(5y)5.82%
ROE(3y)27.19%
ROE(5y)9.51%
ROIC(3y)5.89%
ROIC(5y)N/A
ROICexc(3y)6.55%
ROICexc(5y)N/A
ROICexgc(3y)7.84%
ROICexgc(5y)N/A
ROCE(3y)8.03%
ROCE(5y)N/A
ROICexcg growth 3Y-28.43%
ROICexcg growth 5Y7.12%
ROICexc growth 3Y-26.95%
ROICexc growth 5Y8.75%
OM growth 3Y-22.49%
OM growth 5Y6.45%
PM growth 3Y-19.81%
PM growth 5YN/A
GM growth 3Y6.15%
GM growth 5Y5.94%
F-Score6
Asset Turnover0.62
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.95 | ||
| Debt/FCF | 8.67 | ||
| Debt/EBITDA | 3.12 | ||
| Cap/Depr | 45.87% | ||
| Cap/Sales | 6.37% | ||
| Interest Coverage | 1.54 | ||
| Cash Conversion | 67.13% | ||
| Profit Quality | 324.92% | ||
| Current Ratio | 1.12 | ||
| Quick Ratio | 1.03 | ||
| Altman-Z | 1.36 |
F-Score6
WACC9.11%
ROIC/WACC0.38
Cap/Depr(3y)67.78%
Cap/Depr(5y)52.03%
Cap/Sales(3y)6.74%
Cap/Sales(5y)5.63%
Profit Quality(3y)72.25%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)127.69%
EPS 3Y-59.56%
EPS 5YN/A
EPS Q2Q%750%
EPS Next Y26.79%
EPS Next 2Y50.74%
EPS Next 3Y50.8%
EPS Next 5YN/A
Revenue 1Y (TTM)-21.68%
Revenue growth 3Y-15.28%
Revenue growth 5Y-7.29%
Sales Q2Q%-2.22%
Revenue Next Year-3.34%
Revenue Next 2Y-0.58%
Revenue Next 3Y0.71%
Revenue Next 5YN/A
EBIT growth 1Y-31.97%
EBIT growth 3Y-34.33%
EBIT growth 5Y-1.31%
EBIT Next Year32.77%
EBIT Next 3Y14.95%
EBIT Next 5YN/A
FCF growth 1Y-34.43%
FCF growth 3Y-45.79%
FCF growth 5Y45.1%
OCF growth 1Y-43.11%
OCF growth 3Y-32.16%
OCF growth 5Y-4.11%