SIX FLAGS ENTERTAINMENT CORP (SIX)
US83001A1025 - Common Stock
SIX gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 135 industry peers in the Hotels, Restaurants & Leisure industry. There are concerns on the financial health of SIX while its profitability can be described as average. SIX is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year SIX was profitable.
SIX had a positive operating cash flow in the past year.
SIX had positive earnings in 4 of the past 5 years.
Of the past 5 years SIX 4 years had a positive operating cash flow.
1.2 Ratios
SIX has a Return On Assets of 0.96%. This is in the lower half of the industry: SIX underperforms 63.43% of its industry peers.
With a decent Return On Invested Capital value of 10.89%, SIX is doing good in the industry, outperforming 75.37% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for SIX is in line with the industry average of 10.46%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.96% | ||
| ROE | N/A | ||
| ROIC | 10.89% |
ROA(3y)3.3%
ROA(5y)0.17%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)12.21%
ROIC(5y)N/A
1.3 Margins
SIX's Profit Margin of 1.85% is on the low side compared to the rest of the industry. SIX is outperformed by 60.45% of its industry peers.
In the last couple of years the Profit Margin of SIX has declined.
SIX has a better Operating Margin (22.27%) than 83.58% of its industry peers.
SIX's Operating Margin has declined in the last couple of years.
With an excellent Gross Margin value of 92.11%, SIX belongs to the best of the industry, outperforming 99.25% of the companies in the same industry.
SIX's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 22.27% | ||
| PM (TTM) | 1.85% | ||
| GM | 92.11% |
OM growth 3YN/A
OM growth 5Y-8.4%
PM growth 3YN/A
PM growth 5Y-32.03%
GM growth 3Y0.67%
GM growth 5Y0.13%
2. Health
2.1 Basic Checks
SIX has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
SIX has more shares outstanding than it did 1 year ago.
The number of shares outstanding for SIX remains at a similar level compared to 5 years ago.
The debt/assets ratio for SIX has been reduced compared to a year ago.
2.2 Solvency
SIX has an Altman-Z score of 0.09. This is a bad value and indicates that SIX is not financially healthy and even has some risk of bankruptcy.
SIX's Altman-Z score of 0.09 is on the low side compared to the rest of the industry. SIX is outperformed by 82.09% of its industry peers.
The Debt to FCF ratio of SIX is 24.22, which is on the high side as it means it would take SIX, 24.22 years of fcf income to pay off all of its debts.
SIX has a Debt to FCF ratio of 24.22. This is comparable to the rest of the industry: SIX outperforms 47.76% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 24.22 | ||
| Altman-Z | 0.09 |
ROIC/WACC1.3
WACC8.37%
2.3 Liquidity
SIX has a Current Ratio of 0.36. This is a bad value and indicates that SIX is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Current ratio value of 0.36, SIX is not doing good in the industry: 88.06% of the companies in the same industry are doing better.
SIX has a Quick Ratio of 0.36. This is a bad value and indicates that SIX is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Quick ratio value of 0.31, SIX is not doing good in the industry: 87.31% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.36 | ||
| Quick Ratio | 0.31 |
3. Growth
3.1 Past
SIX shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -74.19%.
Measured over the past years, SIX shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -32.11% on average per year.
The Revenue has been growing slightly by 4.02% in the past year.
SIX shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -0.52% yearly.
EPS 1Y (TTM)-74.19%
EPS 3YN/A
EPS 5Y-32.11%
EPS Q2Q%-16.67%
Revenue 1Y (TTM)4.02%
Revenue growth 3Y58.72%
Revenue growth 5Y-0.52%
Sales Q2Q%-6.26%
3.2 Future
Based on estimates for the next years, SIX will show a very strong growth in Earnings Per Share. The EPS will grow by 72.37% on average per year.
SIX is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.27% yearly.
EPS Next Y238.28%
EPS Next 2Y111.18%
EPS Next 3Y72.37%
EPS Next 5YN/A
Revenue Next Year3.46%
Revenue Next 2Y4.24%
Revenue Next 3Y4.27%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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
The Price/Earnings ratio is 100.00, which means the current valuation is very expensive for SIX.
Compared to the rest of the industry, the Price/Earnings ratio of SIX indicates a slightly more expensive valuation: SIX is more expensive than 65.67% of the companies listed in the same industry.
SIX is valuated expensively when we compare the Price/Earnings ratio to 28.96, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 15.60 indicates a correct valuation of SIX.
Based on the Price/Forward Earnings ratio, SIX is valued a bit cheaper than 62.69% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of SIX to the average of the S&P500 Index (23.82), we can say SIX is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 100 | ||
| Fwd PE | 15.6 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of SIX is on the same level as its industry peers.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of SIX is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 27.03 | ||
| EV/EBITDA | 11.19 |
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.
SIX's earnings are expected to grow with 72.37% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.42
PEG (5Y)N/A
EPS Next 2Y111.18%
EPS Next 3Y72.37%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.78%, SIX is a good candidate for dividend investing.
SIX's Dividend Yield is rather good when compared to the industry average which is at 2.83. SIX pays more dividend than 92.54% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.23, SIX pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.78% |
5.2 History
The dividend of SIX decreases each year by -74.91%.
SIX has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)-74.91%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
DP0%
EPS Next 2Y111.18%
EPS Next 3Y72.37%
SIX FLAGS ENTERTAINMENT CORP
NYSE:SIX (7/1/2024, 8:04:00 PM)
After market: 32 0 (0%)32
-1.14 (-3.44%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap2.70B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.78% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
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EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
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Min Revenue beat(4)
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Revenue beat(8)
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Revenue beat(12)
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Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 100 | ||
| Fwd PE | 15.6 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)0.42
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.96% | ||
| ROE | N/A | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 22.27% | ||
| PM (TTM) | 1.85% | ||
| GM | 92.11% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.52
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 0.36 | ||
| Quick Ratio | 0.31 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
High Growth Momentum
Growth
EPS 1Y (TTM)-74.19%
EPS 3YN/A
EPS 5Y
EPS Q2Q%
EPS Next Y238.28%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)4.02%
Revenue growth 3Y58.72%
Revenue growth 5Y
Sales Q2Q%
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y