GOLDEN ENTERTAINMENT INC (GDEN)
US3810131017 - Common Stock
Taking everything into account, GDEN scores 4 out of 10 in our fundamental rating. GDEN was compared to 133 industry peers in the Hotels, Restaurants & Leisure industry. While GDEN is still in line with the averages on profitability rating, there are concerns on its financial health. GDEN does not seem to be growing, but still is valued expensively.
1. Profitability
1.1 Basic Checks
In the past year GDEN was profitable.
In the past year GDEN had a positive cash flow from operations.
In multiple years GDEN reported negative net income over the last 5 years.
GDEN had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
GDEN has a Return On Assets of 3.48%. This is comparable to the rest of the industry: GDEN outperforms 59.40% of its industry peers.
The Return On Equity of GDEN (7.48%) is better than 63.91% of its industry peers.
GDEN has a Return On Invested Capital of 4.84%. This is comparable to the rest of the industry: GDEN outperforms 47.37% of its industry peers.
GDEN had an Average Return On Invested Capital over the past 3 years of 8.97%. This is in line with the industry average of 10.54%.
The 3 year average ROIC (8.97%) for GDEN is well above the current ROIC(4.84%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.48% | ||
| ROE | 7.48% | ||
| ROIC | 4.84% |
ROA(3y)11.03%
ROA(5y)4.42%
ROE(3y)40.51%
ROE(5y)4.64%
ROIC(3y)8.97%
ROIC(5y)N/A
1.3 Margins
GDEN has a Profit Margin of 5.23%. This is in the better half of the industry: GDEN outperforms 60.15% of its industry peers.
GDEN has a Operating Margin (7.53%) which is comparable to the rest of the industry.
In the last couple of years the Operating Margin of GDEN has grown nicely.
GDEN has a Gross Margin of 51.07%. This is comparable to the rest of the industry: GDEN outperforms 56.39% of its industry peers.
In the last couple of years the Gross Margin of GDEN has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.53% | ||
| PM (TTM) | 5.23% | ||
| GM | 51.07% |
OM growth 3YN/A
OM growth 5Y8.77%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y2.77%
GM growth 5Y1.66%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so GDEN is destroying value.
Compared to 1 year ago, GDEN has more shares outstanding
GDEN has more shares outstanding than it did 5 years ago.
GDEN has a better debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 1.76, we must say that GDEN is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of GDEN (1.76) is comparable to the rest of the industry.
The Debt to FCF ratio of GDEN is 80.87, which is on the high side as it means it would take GDEN, 80.87 years of fcf income to pay off all of its debts.
GDEN's Debt to FCF ratio of 80.87 is on the low side compared to the rest of the industry. GDEN is outperformed by 62.41% of its industry peers.
GDEN has a Debt/Equity ratio of 0.75. This is a neutral value indicating GDEN is somewhat dependend on debt financing.
GDEN has a better Debt to Equity ratio (0.75) than 64.66% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.75 | ||
| Debt/FCF | 80.87 | ||
| Altman-Z | 1.76 |
ROIC/WACC0.52
WACC9.36%
2.3 Liquidity
A Current Ratio of 1.11 indicates that GDEN should not have too much problems paying its short term obligations.
The Current ratio of GDEN (1.11) is better than 60.90% 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's Quick ratio of 1.03 is fine compared to the rest of the industry. GDEN outperforms 61.65% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.11 | ||
| Quick Ratio | 1.03 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 134.02% over the past year.
The Revenue for GDEN has decreased by -33.47% in the past year. This is quite bad
The Revenue has been growing slightly by 4.34% on average over the past years.
EPS 1Y (TTM)134.02%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%108.57%
Revenue 1Y (TTM)-33.47%
Revenue growth 3Y14.9%
Revenue growth 5Y4.34%
Sales Q2Q%-37.44%
3.2 Future
Based on estimates for the next years, GDEN will show a very strong growth in Earnings Per Share. The EPS will grow by 42.70% on average per year.
The Revenue is expected to decrease by -12.64% on average over the next years. This is quite bad
EPS Next Y249.16%
EPS Next 2Y65.98%
EPS Next 3Y42.7%
EPS Next 5YN/A
Revenue Next Year-36.56%
Revenue Next 2Y-19.45%
Revenue Next 3Y-12.64%
Revenue Next 5YN/A
3.3 Evolution
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
GDEN is valuated quite expensively with a Price/Earnings ratio of 94.58.
Compared to the rest of the industry, the Price/Earnings ratio of GDEN indicates a slightly more expensive valuation: GDEN is more expensive than 63.16% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of GDEN to the average of the S&P500 Index (27.54), we can say GDEN is valued expensively.
The Price/Forward Earnings ratio is 33.61, which means the current valuation is very expensive for GDEN.
The rest of the industry has a similar Price/Forward Earnings ratio as GDEN.
The average S&P500 Price/Forward Earnings ratio is at 23.99. GDEN is valued slightly more expensive when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 94.58 | ||
| Fwd PE | 33.61 |
4.2 Price Multiples
GDEN's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. GDEN is cheaper than 78.20% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, GDEN is valued a bit more expensive than the industry average as 60.15% of the companies are valued more cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 176.81 | ||
| EV/EBITDA | 8.17 |
4.3 Compensation for Growth
GDEN's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The decent profitability rating of GDEN may justify a higher PE ratio.
GDEN's earnings are expected to grow with 42.70% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.38
PEG (5Y)N/A
EPS Next 2Y65.98%
EPS Next 3Y42.7%
5. Dividend
5.1 Amount
GDEN has a Yearly Dividend Yield of 3.22%.
GDEN's Dividend Yield is rather good when compared to the industry average which is at 2.95. GDEN pays more dividend than 87.22% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.36, GDEN pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.22% |
5.2 History
GDEN does not have a reliable dividend history as it only pays dividend since a couple or years.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
37.48% of the earnings are spent on dividend by GDEN. This is a low number and sustainable payout ratio.
DP37.48%
EPS Next 2Y65.98%
EPS Next 3Y42.7%
GOLDEN ENTERTAINMENT INC
NASDAQ:GDEN (12/24/2024, 8:16:26 PM)
After market: 31.21 0 (0%)31.21
+0.1 (+0.32%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)
Earnings (Next)
Inst Owners68.02%
Inst Owner Change0.19%
Ins Owners25.57%
Ins Owner Change1.82%
Market Cap856.09M
Analysts80
Price Target37.01 (18.58%)
Short Float %4.62%
Short Ratio3.86
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.22% |
Dividend Growth(5Y)N/A
DP37.48%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)24.96%
Min EPS beat(2)-89.86%
Max EPS beat(2)139.77%
EPS beat(4)1
Avg EPS beat(4)-22.34%
Min EPS beat(4)-89.86%
Max EPS beat(4)139.77%
EPS beat(8)1
Avg EPS beat(8)-155.8%
EPS beat(12)2
Avg EPS beat(12)-100.23%
EPS beat(16)5
Avg EPS beat(16)-26.11%
Revenue beat(2)0
Avg Revenue beat(2)-4.04%
Min Revenue beat(2)-5.51%
Max Revenue beat(2)-2.58%
Revenue beat(4)1
Avg Revenue beat(4)-2.43%
Min Revenue beat(4)-5.51%
Max Revenue beat(4)1.71%
Revenue beat(8)2
Avg Revenue beat(8)-1.5%
Revenue beat(12)4
Avg Revenue beat(12)-1.07%
Revenue beat(16)8
Avg Revenue beat(16)0.96%
PT rev (1m)-1.93%
PT rev (3m)-4.87%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-36.58%
EPS NY rev (1m)3.68%
EPS NY rev (3m)-5.01%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-4.19%
Revenue NY rev (1m)-0.34%
Revenue NY rev (3m)-1.28%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 94.58 | ||
| Fwd PE | 33.61 | ||
| P/S | 1.17 | ||
| P/FCF | 176.81 | ||
| P/OCF | 14.1 | ||
| P/B | 1.67 | ||
| P/tB | 2.31 | ||
| EV/EBITDA | 8.17 |
EPS(TTM)0.33
EY1.06%
EPS(NY)0.93
Fwd EY2.98%
FCF(TTM)0.18
FCFY0.57%
OCF(TTM)2.21
OCFY7.09%
SpS26.73
BVpS18.71
TBVpS13.49
PEG (NY)0.38
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.48% | ||
| ROE | 7.48% | ||
| ROCE | 5.49% | ||
| ROIC | 4.84% | ||
| ROICexc | 5.2% | ||
| ROICexgc | 6.13% | ||
| OM | 7.53% | ||
| PM (TTM) | 5.23% | ||
| GM | 51.07% | ||
| FCFM | 0.66% |
ROA(3y)11.03%
ROA(5y)4.42%
ROE(3y)40.51%
ROE(5y)4.64%
ROIC(3y)8.97%
ROIC(5y)N/A
ROICexc(3y)10.24%
ROICexc(5y)N/A
ROICexgc(3y)12.51%
ROICexgc(5y)N/A
ROCE(3y)10.17%
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5Y10.72%
ROICexc growth 3YN/A
ROICexc growth 5Y14.42%
OM growth 3YN/A
OM growth 5Y8.77%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y2.77%
GM growth 5Y1.66%
F-Score6
Asset Turnover0.67
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.75 | ||
| Debt/FCF | 80.87 | ||
| Debt/EBITDA | 2.68 | ||
| Cap/Depr | 62.71% | ||
| Cap/Sales | 7.62% | ||
| Interest Coverage | 0.97 | ||
| Cash Conversion | 42.06% | ||
| Profit Quality | 12.62% | ||
| Current Ratio | 1.11 | ||
| Quick Ratio | 1.03 | ||
| Altman-Z | 1.76 |
F-Score6
WACC9.36%
ROIC/WACC0.52
Cap/Depr(3y)58.46%
Cap/Depr(5y)59.35%
Cap/Sales(3y)5.14%
Cap/Sales(5y)6.34%
Profit Quality(3y)99.26%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)134.02%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%108.57%
EPS Next Y249.16%
EPS Next 2Y65.98%
EPS Next 3Y42.7%
EPS Next 5YN/A
Revenue 1Y (TTM)-33.47%
Revenue growth 3Y14.9%
Revenue growth 5Y4.34%
Sales Q2Q%-37.44%
Revenue Next Year-36.56%
Revenue Next 2Y-19.45%
Revenue Next 3Y-12.64%
Revenue Next 5YN/A
EBIT growth 1Y-54.56%
EBIT growth 3YN/A
EBIT growth 5Y13.49%
EBIT Next Year-62.58%
EBIT Next 3Y-26.38%
EBIT Next 5YN/A
FCF growth 1Y-96.33%
FCF growth 3Y450.28%
FCF growth 5Y3.03%
OCF growth 1Y-65.07%
OCF growth 3Y48.1%
OCF growth 5Y3.99%