RUSH STREET INTERACTIVE INC (RSI) Stock Fundamental Analysis
NYSE:RSI - New York Stock Exchange, Inc. - US7820111000 - Common Stock - Currency: USD
We assign a fundamental rating of 5 out of 10 to RSI. RSI was compared to 133 industry peers in the Hotels, Restaurants & Leisure industry. While RSI has a great health rating, there are worries on its profitability. RSI is valued quite expensively, but it does show have an excellent growth rating.
1. Profitability
1.1 Basic Checks
In the past year RSI was profitable.
In the past year RSI had a positive cash flow from operations.
In multiple years RSI reported negative net income over the last 5 years.
The reported operating cash flow has been mixed in the past 5 years: RSI reported negative operating cash flow in multiple years.
1.2 Ratios
RSI's Return On Assets of 2.18% is in line compared to the rest of the industry. RSI outperforms 48.87% of its industry peers.
RSI has a Return On Equity of 10.37%. This is in the better half of the industry: RSI outperforms 70.68% of its industry peers.
RSI has a Return On Invested Capital of 14.61%. This is amongst the best in the industry. RSI outperforms 82.71% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.18% | ||
| ROE | 10.37% | ||
| ROIC | 14.61% |
ROA(3y)-5.38%
ROA(5y)-4.11%
ROE(3y)-33.31%
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
RSI's Profit Margin of 0.87% is on the low side compared to the rest of the industry. RSI is outperformed by 60.90% of its industry peers.
The Operating Margin of RSI (4.08%) is worse than 66.17% of its industry peers.
RSI has a worse Gross Margin (35.15%) than 69.92% of its industry peers.
In the last couple of years the Gross Margin of RSI has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 4.08% | ||
| PM (TTM) | 0.87% | ||
| GM | 35.15% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y2.94%
GM growth 5Y-6.33%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so RSI is still creating some value.
Compared to 1 year ago, RSI has more shares outstanding
The number of shares outstanding for RSI has been increased compared to 5 years ago.
RSI has a worse debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 9.59 indicates that RSI is not in any danger for bankruptcy at the moment.
RSI's Altman-Z score of 9.59 is amongst the best of the industry. RSI outperforms 93.98% of its industry peers.
RSI has a debt to FCF ratio of 0.06. This is a very positive value and a sign of high solvency as it would only need 0.06 years to pay back of all of its debts.
RSI has a Debt to FCF ratio of 0.06. This is amongst the best in the industry. RSI outperforms 93.98% of its industry peers.
A Debt/Equity ratio of 0.03 indicates that RSI is not too dependend on debt financing.
The Debt to Equity ratio of RSI (0.03) is better than 84.96% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.03 | ||
| Debt/FCF | 0.06 | ||
| Altman-Z | 9.59 |
ROIC/WACC1.61
WACC9.08%
2.3 Liquidity
RSI has a Current Ratio of 1.66. This is a normal value and indicates that RSI is financially healthy and should not expect problems in meeting its short term obligations.
The Current ratio of RSI (1.66) is better than 78.20% of its industry peers.
A Quick Ratio of 1.66 indicates that RSI should not have too much problems paying its short term obligations.
With a decent Quick ratio value of 1.66, RSI is doing good in the industry, outperforming 79.70% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.66 | ||
| Quick Ratio | 1.66 |
3. Growth
3.1 Past
RSI shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 933.33%, which is quite impressive.
The Revenue has grown by 29.86% in the past year. This is a very strong growth!
The Revenue has been growing by 70.75% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)933.33%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%200%
Revenue 1Y (TTM)29.86%
Revenue growth 3Y23.71%
Revenue growth 5Y70.75%
Sales Q2Q%20.69%
3.2 Future
RSI is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 48.50% yearly.
Based on estimates for the next years, RSI will show a quite strong growth in Revenue. The Revenue will grow by 14.20% on average per year.
EPS Next Y68.4%
EPS Next 2Y51.22%
EPS Next 3Y48.5%
EPS Next 5YN/A
Revenue Next Year15.63%
Revenue Next 2Y14.88%
Revenue Next 3Y14.2%
Revenue Next 5YN/A
3.3 Evolution
Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 59.52, the valuation of RSI can be described as expensive.
RSI's Price/Earnings ratio is in line with the industry average.
When comparing the Price/Earnings ratio of RSI to the average of the S&P500 Index (27.30), we can say RSI is valued expensively.
Based on the Price/Forward Earnings ratio of 34.25, the valuation of RSI can be described as expensive.
RSI's Price/Forward Earnings is on the same level as the industry average.
RSI is valuated expensively when we compare the Price/Forward Earnings ratio to 21.76, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 59.52 | ||
| Fwd PE | 34.25 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, RSI is valued a bit more expensive than the industry average as 75.94% of the companies are valued more cheaply.
The rest of the industry has a similar Price/Free Cash Flow ratio as RSI.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 51.37 | ||
| EV/EBITDA | 44.04 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
RSI's earnings are expected to grow with 48.50% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.87
PEG (5Y)N/A
EPS Next 2Y51.22%
EPS Next 3Y48.5%
5. Dividend
5.1 Amount
RSI does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
14.88
-0.45 (-2.94%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)
Earnings (Next)
Inst Owners90.34%
Inst Owner Change0%
Ins Owners8.34%
Ins Owner Change-13.01%
Market Cap3.40B
Analysts80
Price Target16.03 (7.73%)
Short Float %11.01%
Short Ratio7.3
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)27.02%
Min EPS beat(2)7.17%
Max EPS beat(2)46.87%
EPS beat(4)4
Avg EPS beat(4)1078.59%
Min EPS beat(4)7.17%
Max EPS beat(4)3484.95%
EPS beat(8)8
Avg EPS beat(8)599.69%
EPS beat(12)11
Avg EPS beat(12)407.61%
EPS beat(16)13
Avg EPS beat(16)305.5%
Revenue beat(2)2
Avg Revenue beat(2)1.29%
Min Revenue beat(2)0.08%
Max Revenue beat(2)2.51%
Revenue beat(4)4
Avg Revenue beat(4)5.43%
Min Revenue beat(4)0.08%
Max Revenue beat(4)10.79%
Revenue beat(8)8
Avg Revenue beat(8)5.55%
Revenue beat(12)10
Avg Revenue beat(12)3.4%
Revenue beat(16)12
Avg Revenue beat(16)3.02%
PT rev (1m)0.57%
PT rev (3m)1.38%
EPS NQ rev (1m)-0.84%
EPS NQ rev (3m)-17.9%
EPS NY rev (1m)5.32%
EPS NY rev (3m)-2.22%
Revenue NQ rev (1m)0.07%
Revenue NQ rev (3m)-0.15%
Revenue NY rev (1m)-0.09%
Revenue NY rev (3m)0.19%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 59.52 | ||
| Fwd PE | 34.25 | ||
| P/S | 3.5 | ||
| P/FCF | 51.37 | ||
| P/OCF | 32.58 | ||
| P/B | 41.77 | ||
| P/tB | 1081.3 | ||
| EV/EBITDA | 44.04 |
EPS(TTM)0.25
EY1.68%
EPS(NY)0.43
Fwd EY2.92%
FCF(TTM)0.29
FCFY1.95%
OCF(TTM)0.46
OCFY3.07%
SpS4.25
BVpS0.36
TBVpS0.01
PEG (NY)0.87
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.18% | ||
| ROE | 10.37% | ||
| ROCE | 18.49% | ||
| ROIC | 14.61% | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | 4.08% | ||
| PM (TTM) | 0.87% | ||
| GM | 35.15% | ||
| FCFM | 6.82% |
ROA(3y)-5.38%
ROA(5y)-4.11%
ROE(3y)-33.31%
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y2.94%
GM growth 5Y-6.33%
F-Score7
Asset Turnover2.5
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.03 | ||
| Debt/FCF | 0.06 | ||
| Debt/EBITDA | 0.04 | ||
| Cap/Depr | 110.25% | ||
| Cap/Sales | 3.94% | ||
| Interest Coverage | 44.34 | ||
| Cash Conversion | 140.6% | ||
| Profit Quality | 783.9% | ||
| Current Ratio | 1.66 | ||
| Quick Ratio | 1.66 | ||
| Altman-Z | 9.59 |
F-Score7
WACC9.08%
ROIC/WACC1.61
Cap/Depr(3y)69.04%
Cap/Depr(5y)230.4%
Cap/Sales(3y)2.2%
Cap/Sales(5y)2.89%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)933.33%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%200%
EPS Next Y68.4%
EPS Next 2Y51.22%
EPS Next 3Y48.5%
EPS Next 5YN/A
Revenue 1Y (TTM)29.86%
Revenue growth 3Y23.71%
Revenue growth 5Y70.75%
Sales Q2Q%20.69%
Revenue Next Year15.63%
Revenue Next 2Y14.88%
Revenue Next 3Y14.2%
Revenue Next 5YN/A
EBIT growth 1Y235%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year600.59%
EBIT Next 3Y128.1%
EBIT Next 5YN/A
FCF growth 1Y214.67%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y319.07%
OCF growth 3YN/A
OCF growth 5YN/A