MONARCH CASINO & RESORT INC (MCRI) Stock Fundamental Analysis
NASDAQ:MCRI - Nasdaq - US6090271072 - Common Stock - Currency: USD
Taking everything into account, MCRI scores 7 out of 10 in our fundamental rating. MCRI was compared to 503 industry peers in the Hotels, Restaurants & Leisure industry. Both the health and profitability get an excellent rating, making MCRI a very profitable company, without any liquidiy or solvency issues. MCRI has a correct valuation and a medium growth rate. These ratings would make MCRI suitable for quality investing!
1. Profitability
1.1 Basic Checks
In the past year MCRI was profitable.
In the past year MCRI had a positive cash flow from operations.
Each year in the past 5 years MCRI has been profitable.
In the past 5 years MCRI always reported a positive cash flow from operatings.
1.2 Ratios
MCRI has a Return On Assets of 10.44%. This is amongst the best in the industry. MCRI outperforms 87.22% of its industry peers.
With a decent Return On Equity value of 13.88%, MCRI is doing good in the industry, outperforming 74.44% of the companies in the same industry.
MCRI's Return On Invested Capital of 16.85% is amongst the best of the industry. MCRI outperforms 87.22% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for MCRI is above the industry average of 13.68%.
The last Return On Invested Capital (16.85%) for MCRI is above the 3 year average (16.41%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.44% | ||
| ROE | 13.88% | ||
| ROIC | 16.85% |
ROA(3y)11.75%
ROA(5y)9.74%
ROE(3y)15.45%
ROE(5y)13.62%
ROIC(3y)16.41%
ROIC(5y)13.04%
1.3 Margins
The Profit Margin of MCRI (14.14%) is better than 87.97% of its industry peers.
In the last couple of years the Profit Margin of MCRI has grown nicely.
Looking at the Operating Margin, with a value of 23.31%, MCRI belongs to the top of the industry, outperforming 86.47% of the companies in the same industry.
MCRI's Operating Margin has improved in the last couple of years.
With a decent Gross Margin value of 53.84%, MCRI is doing good in the industry, outperforming 62.41% of the companies in the same industry.
In the last couple of years the Gross Margin of MCRI has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 23.31% | ||
| PM (TTM) | 14.14% | ||
| GM | 53.84% |
OM growth 3Y-1.11%
OM growth 5Y7.55%
PM growth 3Y-7%
PM growth 5Y1.78%
GM growth 3Y-0.78%
GM growth 5Y1.1%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), MCRI is creating value.
MCRI has less shares outstanding than it did 1 year ago.
The number of shares outstanding for MCRI has been increased compared to 5 years ago.
There is no outstanding debt for MCRI. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
An Altman-Z score of 7.86 indicates that MCRI is not in any danger for bankruptcy at the moment.
MCRI has a better Altman-Z score (7.86) than 92.48% of its industry peers.
MCRI has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 7.86 |
ROIC/WACC1.88
WACC8.96%
2.3 Liquidity
MCRI has a Current Ratio of 0.69. This is a bad value and indicates that MCRI is not financially healthy enough and could expect problems in meeting its short term obligations.
MCRI's Current ratio of 0.69 is on the low side compared to the rest of the industry. MCRI is outperformed by 62.41% of its industry peers.
MCRI has a Quick Ratio of 0.69. This is a bad value and indicates that MCRI is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Quick ratio value of 0.64, MCRI is not doing good in the industry: 61.65% of the companies in the same industry are doing better.
The current and quick ratio evaluation for MCRI is rather negative, while it does have excellent solvency and profitability. These ratios do not necessarly indicate liquidity issues and need to be evaluated against the specifics of the business.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.69 | ||
| Quick Ratio | 0.64 |
3. Growth
3.1 Past
MCRI shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 19.86%, which is quite good.
Measured over the past years, MCRI shows a very strong growth in Earnings Per Share. The EPS has been growing by 23.69% on average per year.
Looking at the last year, MCRI shows a small growth in Revenue. The Revenue has grown by 3.83% in the last year.
MCRI shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 15.95% yearly.
EPS 1Y (TTM)19.86%
EPS 3Y12.04%
EPS 5Y23.69%
EPS Q2Q%12.9%
Revenue 1Y (TTM)3.83%
Revenue growth 3Y9.71%
Revenue growth 5Y15.95%
Sales Q2Q%3.07%
3.2 Future
Based on estimates for the next years, MCRI will show a small growth in Earnings Per Share. The EPS will grow by 1.86% on average per year.
The Revenue is expected to grow by 2.19% on average over the next years.
EPS Next Y4.07%
EPS Next 2Y3.49%
EPS Next 3Y1.86%
EPS Next 5YN/A
Revenue Next Year3.37%
Revenue Next 2Y2.89%
Revenue Next 3Y2.19%
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 decreasing.
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
The Price/Earnings ratio is 17.64, which indicates a rather expensive current valuation of MCRI.
MCRI's Price/Earnings ratio is a bit cheaper when compared to the industry. MCRI is cheaper than 78.20% of the companies in the same industry.
MCRI's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 27.28.
MCRI is valuated correctly with a Price/Forward Earnings ratio of 16.87.
Based on the Price/Forward Earnings ratio, MCRI is valued a bit cheaper than 69.17% of the companies in the same industry.
MCRI's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 21.76.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.64 | ||
| Fwd PE | 16.87 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, MCRI is valued a bit cheaper than the industry average as 75.19% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, MCRI is valued a bit cheaper than the industry average as 78.95% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 18.51 | ||
| EV/EBITDA | 8.97 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
MCRI has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)4.33
PEG (5Y)0.74
EPS Next 2Y3.49%
EPS Next 3Y1.86%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.39%, MCRI has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 2.42, MCRI pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.42, MCRI's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.39% |
5.2 History
MCRI 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
MCRI pays out 29.76% of its income as dividend. This is a sustainable payout ratio.
DP29.76%
EPS Next 2Y3.49%
EPS Next 3Y1.86%
89.44
+0.56 (+0.63%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)
Earnings (Next)
Inst Owners67.19%
Inst Owner Change1.22%
Ins Owners22.86%
Ins Owner Change-0.05%
Market Cap1.65B
Analysts50
Price Target89.76 (0.36%)
Short Float %1.62%
Short Ratio2.24
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.39% |
Yearly Dividend1.19
Dividend Growth(5Y)N/A
DP29.76%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)12.45%
Min EPS beat(2)4.02%
Max EPS beat(2)20.88%
EPS beat(4)4
Avg EPS beat(4)8.87%
Min EPS beat(4)4.02%
Max EPS beat(4)20.88%
EPS beat(8)4
Avg EPS beat(8)-0.24%
EPS beat(12)5
Avg EPS beat(12)-1.13%
EPS beat(16)8
Avg EPS beat(16)0.7%
Revenue beat(2)2
Avg Revenue beat(2)1.21%
Min Revenue beat(2)0.23%
Max Revenue beat(2)2.2%
Revenue beat(4)3
Avg Revenue beat(4)0.69%
Min Revenue beat(4)-0.53%
Max Revenue beat(4)2.2%
Revenue beat(8)4
Avg Revenue beat(8)0.13%
Revenue beat(12)6
Avg Revenue beat(12)0.35%
Revenue beat(16)9
Avg Revenue beat(16)2.36%
PT rev (1m)0%
PT rev (3m)-4.14%
EPS NQ rev (1m)0%
EPS NQ rev (3m)1.02%
EPS NY rev (1m)0%
EPS NY rev (3m)1.47%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.05%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.41%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.64 | ||
| Fwd PE | 16.87 | ||
| P/S | 3.14 | ||
| P/FCF | 18.51 | ||
| P/OCF | 11.89 | ||
| P/B | 3.08 | ||
| P/tB | 3.25 | ||
| EV/EBITDA | 8.97 |
EPS(TTM)5.07
EY5.67%
EPS(NY)5.3
Fwd EY5.93%
FCF(TTM)4.83
FCFY5.4%
OCF(TTM)7.52
OCFY8.41%
SpS28.47
BVpS29
TBVpS27.55
PEG (NY)4.33
PEG (5Y)0.74
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.44% | ||
| ROE | 13.88% | ||
| ROCE | 21.79% | ||
| ROIC | 16.85% | ||
| ROICexc | 19.45% | ||
| ROICexgc | 20.58% | ||
| OM | 23.31% | ||
| PM (TTM) | 14.14% | ||
| GM | 53.84% | ||
| FCFM | 16.97% |
ROA(3y)11.75%
ROA(5y)9.74%
ROE(3y)15.45%
ROE(5y)13.62%
ROIC(3y)16.41%
ROIC(5y)13.04%
ROICexc(3y)17.94%
ROICexc(5y)14.16%
ROICexgc(3y)18.89%
ROICexgc(5y)14.91%
ROCE(3y)21.22%
ROCE(5y)16.86%
ROICexcg growth 3Y10.75%
ROICexcg growth 5Y23.79%
ROICexc growth 3Y10.64%
ROICexc growth 5Y23.89%
OM growth 3Y-1.11%
OM growth 5Y7.55%
PM growth 3Y-7%
PM growth 5Y1.78%
GM growth 3Y-0.78%
GM growth 5Y1.1%
F-Score6
Asset Turnover0.74
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 95.28% | ||
| Cap/Sales | 9.44% | ||
| Interest Coverage | 126.53 | ||
| Cash Conversion | 79.5% | ||
| Profit Quality | 120.04% | ||
| Current Ratio | 0.69 | ||
| Quick Ratio | 0.64 | ||
| Altman-Z | 7.86 |
F-Score6
WACC8.96%
ROIC/WACC1.88
Cap/Depr(3y)95.66%
Cap/Depr(5y)184.37%
Cap/Sales(3y)9.04%
Cap/Sales(5y)17.42%
Profit Quality(3y)131.09%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)19.86%
EPS 3Y12.04%
EPS 5Y23.69%
EPS Q2Q%12.9%
EPS Next Y4.07%
EPS Next 2Y3.49%
EPS Next 3Y1.86%
EPS Next 5YN/A
Revenue 1Y (TTM)3.83%
Revenue growth 3Y9.71%
Revenue growth 5Y15.95%
Sales Q2Q%3.07%
Revenue Next Year3.37%
Revenue Next 2Y2.89%
Revenue Next 3Y2.19%
Revenue Next 5YN/A
EBIT growth 1Y5.07%
EBIT growth 3Y8.5%
EBIT growth 5Y24.7%
EBIT Next Year59.89%
EBIT Next 3Y18.02%
EBIT Next 5YN/A
FCF growth 1Y-29.39%
FCF growth 3Y4.73%
FCF growth 5YN/A
OCF growth 1Y-16.28%
OCF growth 3Y3.18%
OCF growth 5Y17.36%