RUSH STREET INTERACTIVE INC (RSI) Stock Fundamental Analysis
NYSE:RSI - New York Stock Exchange, Inc. - US7820111000 - Common Stock - Currency: USD
RSI gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 135 industry peers in the Hotels, Restaurants & Leisure industry. While RSI has a great health rating, there are worries on its profitability. RSI shows excellent growth, but is valued quite expensive already.
1. Profitability
1.1 Basic Checks
RSI had positive earnings in the past year.
In the past year RSI had a positive cash flow from operations.
In the past 5 years RSI reported 4 times negative net income.
RSI had negative operating cash flow in 4 of the past 5 years.
1.2 Ratios
RSI's Return On Assets of -0.38% is on the low side compared to the rest of the industry. RSI is outperformed by 66.41% of its industry peers.
RSI's Return On Equity of -1.96% is in line compared to the rest of the industry. RSI outperforms 49.62% of its industry peers.
RSI has a Return On Invested Capital of 3.16%. This is in the lower half of the industry: RSI underperforms 64.89% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.38% | ||
| ROE | -1.96% | ||
| ROIC | 3.16% |
ROA(3y)-7.18%
ROA(5y)-28.51%
ROE(3y)-41.93%
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
The Operating Margin of RSI (0.96%) is worse than 75.57% of its industry peers.
Looking at the Gross Margin, with a value of 33.75%, RSI is doing worse than 71.76% of the companies in the same industry.
RSI's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 0.96% | ||
| PM (TTM) | N/A | ||
| GM | 33.75% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y1.31%
GM growth 5Y-4.52%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), RSI is destroying value.
Compared to 1 year ago, RSI has more shares outstanding
RSI has more shares outstanding than it did 5 years ago.
RSI has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
RSI has an Altman-Z score of 8.61. This indicates that RSI is financially healthy and has little risk of bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 8.61, RSI belongs to the top of the industry, outperforming 94.66% of the companies in the same industry.
The Debt to FCF ratio of RSI is 0.05, which is an excellent value as it means it would take RSI, only 0.05 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of RSI (0.05) is better than 96.18% of its industry peers.
A Debt/Equity ratio of 0.02 indicates that RSI is not too dependend on debt financing.
RSI's Debt to Equity ratio of 0.02 is amongst the best of the industry. RSI outperforms 89.31% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.02 | ||
| Debt/FCF | 0.05 | ||
| Altman-Z | 8.61 |
ROIC/WACC0.33
WACC9.46%
2.3 Liquidity
RSI has a Current Ratio of 1.71. This is a normal value and indicates that RSI is financially healthy and should not expect problems in meeting its short term obligations.
RSI has a better Current ratio (1.71) than 78.63% of its industry peers.
A Quick Ratio of 1.71 indicates that RSI should not have too much problems paying its short term obligations.
RSI's Quick ratio of 1.71 is amongst the best of the industry. RSI outperforms 80.92% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.71 | ||
| Quick Ratio | 1.71 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 150.00% over the past year.
Looking at the last year, RSI shows a very strong growth in Revenue. The Revenue has grown by 30.31%.
The Revenue has been growing by 106.91% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)150%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%266.67%
Revenue 1Y (TTM)30.31%
Revenue growth 3Y35.39%
Revenue growth 5Y106.91%
Sales Q2Q%36.63%
3.2 Future
RSI is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 82.00% yearly.
RSI is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 15.87% yearly.
EPS Next Y225.24%
EPS Next 2Y116.95%
EPS Next 3Y82%
EPS Next 5YN/A
Revenue Next Year35.16%
Revenue Next 2Y23.77%
Revenue Next 3Y20.71%
Revenue Next 5Y15.87%
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
The Price/Earnings ratio is 105.15, which means the current valuation is very expensive for RSI.
RSI's Price/Earnings ratio is a bit more expensive when compared to the industry. RSI is more expensive than 64.12% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 29.62, RSI is valued quite expensively.
A Price/Forward Earnings ratio of 36.08 indicates a quite expensive valuation of RSI.
RSI's Price/Forward Earnings is on the same level as the industry average.
When comparing the Price/Forward Earnings ratio of RSI to the average of the S&P500 Index (22.70), we can say RSI is valued expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 105.15 | ||
| Fwd PE | 36.08 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, RSI is valued more expensive than 83.97% of the companies in the same industry.
RSI's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 54.84 | ||
| EV/EBITDA | 73.39 |
4.3 Compensation for Growth
RSI's 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 82.00% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.47
PEG (5Y)N/A
EPS Next 2Y116.95%
EPS Next 3Y82%
5. Dividend
5.1 Amount
RSI does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
13.67
-1.74 (-11.29%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)
Earnings (Next)
Inst Owners87.86%
Inst Owner Change-96.17%
Ins Owners4.88%
Ins Owner Change-10.82%
Market Cap3.09B
Analysts80
Price Target15.17 (10.97%)
Short Float %7.98%
Short Ratio3.86
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)2130.16%
Min EPS beat(2)775.38%
Max EPS beat(2)3484.95%
EPS beat(4)4
Avg EPS beat(4)1158.23%
Min EPS beat(4)132.28%
Max EPS beat(4)3484.95%
EPS beat(8)7
Avg EPS beat(8)598.11%
EPS beat(12)9
Avg EPS beat(12)396.12%
EPS beat(16)13
Avg EPS beat(16)310.24%
Revenue beat(2)2
Avg Revenue beat(2)9.58%
Min Revenue beat(2)8.36%
Max Revenue beat(2)10.79%
Revenue beat(4)4
Avg Revenue beat(4)8.95%
Min Revenue beat(4)7.33%
Max Revenue beat(4)10.79%
Revenue beat(8)8
Avg Revenue beat(8)6.02%
Revenue beat(12)8
Avg Revenue beat(12)2.62%
Revenue beat(16)12
Avg Revenue beat(16)4.11%
PT rev (1m)3.48%
PT rev (3m)3.48%
EPS NQ rev (1m)4.59%
EPS NQ rev (3m)4.59%
EPS NY rev (1m)-1.36%
EPS NY rev (3m)-1.36%
Revenue NQ rev (1m)0.01%
Revenue NQ rev (3m)0.01%
Revenue NY rev (1m)-0.02%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 105.15 | ||
| Fwd PE | 36.08 | ||
| P/S | 3.57 | ||
| P/FCF | 54.84 | ||
| P/OCF | 37.91 | ||
| P/B | 44.23 | ||
| P/tB | N/A | ||
| EV/EBITDA | 73.39 |
EPS(TTM)0.13
EY0.95%
EPS(NY)0.38
Fwd EY2.77%
FCF(TTM)0.25
FCFY1.82%
OCF(TTM)0.36
OCFY2.64%
SpS3.83
BVpS0.31
TBVpS-0.04
PEG (NY)0.47
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.38% | ||
| ROE | -1.96% | ||
| ROCE | 4% | ||
| ROIC | 3.16% | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | 0.96% | ||
| PM (TTM) | N/A | ||
| GM | 33.75% | ||
| FCFM | 6.51% |
ROA(3y)-7.18%
ROA(5y)-28.51%
ROE(3y)-41.93%
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 3Y1.31%
GM growth 5Y-4.52%
F-Score6
Asset Turnover2.38
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.02 | ||
| Debt/FCF | 0.05 | ||
| Debt/EBITDA | 0.04 | ||
| Cap/Depr | 81.7% | ||
| Cap/Sales | 2.91% | ||
| Interest Coverage | 8.51 | ||
| Cash Conversion | 208.62% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.71 | ||
| Quick Ratio | 1.71 | ||
| Altman-Z | 8.61 |
F-Score6
WACC9.46%
ROIC/WACC0.33
Cap/Depr(3y)251.45%
Cap/Depr(5y)312.15%
Cap/Sales(3y)2.93%
Cap/Sales(5y)4.02%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)150%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%266.67%
EPS Next Y225.24%
EPS Next 2Y116.95%
EPS Next 3Y82%
EPS Next 5YN/A
Revenue 1Y (TTM)30.31%
Revenue growth 3Y35.39%
Revenue growth 5Y106.91%
Sales Q2Q%36.63%
Revenue Next Year35.16%
Revenue Next 2Y23.77%
Revenue Next 3Y20.71%
Revenue Next 5Y15.87%
EBIT growth 1Y110.76%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year285.78%
EBIT Next 3Y77.82%
EBIT Next 5Y55.11%
FCF growth 1Y149.59%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y196.73%
OCF growth 3YN/A
OCF growth 5YN/A