SIX FLAGS ENTERTAINMENT CORP (FUN) Stock Fundamental Analysis
USA - NYSE:FUN - US83001C1080 - Common Stock
21.71 USD
+0.41 (+1.92%)
21.6001 USD
-0.11 (-0.51%)
FUN gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 135 industry peers in the Hotels, Restaurants & Leisure industry. FUN has a bad profitability rating. Also its financial health evaluation is rather negative. FUN is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
FUN had negative earnings in the past year.
FUN had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: FUN reported negative net income in multiple years.
Of the past 5 years FUN 4 years had a positive operating cash flow.
1.2 Ratios
With a Return On Assets value of -5.00%, FUN is not doing good in the industry: 77.04% of the companies in the same industry are doing better.
FUN has a Return On Equity of -26.63%. This is in the lower half of the industry: FUN underperforms 60.00% of its industry peers.
With a Return On Invested Capital value of 2.46%, FUN is not doing good in the industry: 66.67% of the companies in the same industry are doing better.
Measured over the past 3 years, the Average Return On Invested Capital for FUN is below the industry average of 15.69%.
The 3 year average ROIC (11.59%) for FUN is well above the current ROIC(2.46%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -5% | ||
| ROE | -26.63% | ||
| ROIC | 2.46% |
ROA(3y)5.6%
ROA(5y)-1.44%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)11.59%
ROIC(5y)N/A
1.3 Margins
FUN's Operating Margin of 8.33% is in line compared to the rest of the industry. FUN outperforms 48.89% of its industry peers.
In the last couple of years the Operating Margin of FUN has declined.
FUN has a better Gross Margin (91.47%) than 98.52% of its industry peers.
FUN's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 8.33% | ||
| PM (TTM) | N/A | ||
| GM | 91.47% |
OM growth 3Y15.01%
OM growth 5Y-3.21%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-0.07%
GM growth 5Y-0.01%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so FUN is still creating some value.
FUN has more shares outstanding than it did 1 year ago.
The number of shares outstanding for FUN has been increased compared to 5 years ago.
The debt/assets ratio for FUN has been reduced compared to a year ago.
2.2 Solvency
FUN has an Altman-Z score of 0.46. This is a bad value and indicates that FUN is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.46, FUN is doing worse than 77.04% of the companies in the same industry.
FUN has a Debt/Equity ratio of 2.97. This is a high value indicating a heavy dependency on external financing.
The Debt to Equity ratio of FUN (2.97) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.97 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.46 |
ROIC/WACC0.3
WACC8.22%
2.3 Liquidity
FUN has a Current Ratio of 0.52. This is a bad value and indicates that FUN is not financially healthy enough and could expect problems in meeting its short term obligations.
The Current ratio of FUN (0.52) is worse than 72.59% of its industry peers.
FUN has a Quick Ratio of 0.52. This is a bad value and indicates that FUN is not financially healthy enough and could expect problems in meeting its short term obligations.
FUN has a Quick ratio of 0.42. This is in the lower half of the industry: FUN underperforms 77.78% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.52 | ||
| Quick Ratio | 0.42 |
3. Growth
3.1 Past
FUN shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -205.51%.
Looking at the last year, FUN shows a very strong growth in Revenue. The Revenue has grown by 67.95%.
FUN shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 12.93% yearly.
EPS 1Y (TTM)-205.51%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-78.33%
Revenue 1Y (TTM)67.95%
Revenue growth 3Y26.5%
Revenue growth 5Y12.93%
Sales Q2Q%62.76%
3.2 Future
FUN is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 40.22% yearly.
Based on estimates for the next years, FUN will show a small growth in Revenue. The Revenue will grow by 1.78% on average per year.
EPS Next Y59.52%
EPS Next 2Y56.26%
EPS Next 3Y40.22%
EPS Next 5YN/A
Revenue Next Year-4.77%
Revenue Next 2Y0.42%
Revenue Next 3Y1.78%
Revenue Next 5YN/A
3.3 Evolution
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
FUN reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
Based on the Price/Forward Earnings ratio of 22.31, the valuation of FUN can be described as rather expensive.
FUN's Price/Forward Earnings is on the same level as the industry average.
FUN is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 23.30, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 22.31 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, FUN is valued a bit cheaper than 68.15% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 9.76 |
4.3 Compensation for Growth
FUN's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
FUN's earnings are expected to grow with 40.22% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y56.26%
EPS Next 3Y40.22%
5. Dividend
5.1 Amount
FUN has a Yearly Dividend Yield of 3.05%. Purely for dividend investing, there may be better candidates out there.
In the last 3 months the price of FUN has falen by -26.95%. A price decline artificially increases the dividend yield. It may be a sign investors do not expect the dividend to last.
FUN's Dividend Yield is rather good when compared to the industry average which is at 6.97. FUN pays more dividend than 85.93% of the companies in the same industry.
FUN's Dividend Yield is a higher than the S&P500 average which is at 2.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.05% |
5.2 History
The dividend of FUN decreases each year by -35.73%.
FUN has been paying a dividend for at least 10 years, so it has a reliable track record.
The dividend of FUN decreased in the last 3 years.
Dividend Growth(5Y)-35.73%
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
DP0%
EPS Next 2Y56.26%
EPS Next 3Y40.22%
21.71
+0.41 (+1.92%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)
Earnings (Next)
Inst Owners100.95%
Inst Owner Change0%
Ins Owners1.74%
Ins Owner Change-1.44%
Market Cap2.20B
Analysts78.95
Price Target33.9 (56.15%)
Short Float %19.79%
Short Ratio4.58
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.05% |
Yearly Dividend0.41
Dividend Growth(5Y)-35.73%
DP0%
Div Incr Years2
Div Non Decr Years2
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-34.96%
Min EPS beat(2)-70.64%
Max EPS beat(2)0.72%
EPS beat(4)1
Avg EPS beat(4)-269.6%
Min EPS beat(4)-961.15%
Max EPS beat(4)0.72%
EPS beat(8)3
Avg EPS beat(8)-154.19%
EPS beat(12)6
Avg EPS beat(12)-79.82%
EPS beat(16)8
Avg EPS beat(16)-61.34%
Revenue beat(2)0
Avg Revenue beat(2)-9.98%
Min Revenue beat(2)-13.27%
Max Revenue beat(2)-6.7%
Revenue beat(4)0
Avg Revenue beat(4)-5.83%
Min Revenue beat(4)-13.27%
Max Revenue beat(4)-0.27%
Revenue beat(8)3
Avg Revenue beat(8)-5.3%
Revenue beat(12)4
Avg Revenue beat(12)-5.05%
Revenue beat(16)7
Avg Revenue beat(16)-0.61%
PT rev (1m)-8.08%
PT rev (3m)-29.98%
EPS NQ rev (1m)0.02%
EPS NQ rev (3m)-13.32%
EPS NY rev (1m)-104.9%
EPS NY rev (3m)-151.31%
Revenue NQ rev (1m)-0.88%
Revenue NQ rev (3m)-5.89%
Revenue NY rev (1m)-0.53%
Revenue NY rev (3m)-6.63%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 22.31 | ||
| P/S | 0.69 | ||
| P/FCF | N/A | ||
| P/OCF | 7.01 | ||
| P/B | 1.24 | ||
| P/tB | N/A | ||
| EV/EBITDA | 9.76 |
EPS(TTM)-2.91
EYN/A
EPS(NY)0.97
Fwd EY4.48%
FCF(TTM)-1.95
FCFYN/A
OCF(TTM)3.1
OCFY14.27%
SpS31.28
BVpS17.52
TBVpS-24.91
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -5% | ||
| ROE | -26.63% | ||
| ROCE | 3.12% | ||
| ROIC | 2.46% | ||
| ROICexc | 2.5% | ||
| ROICexgc | 5.14% | ||
| OM | 8.33% | ||
| PM (TTM) | N/A | ||
| GM | 91.47% | ||
| FCFM | N/A |
ROA(3y)5.6%
ROA(5y)-1.44%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)11.59%
ROIC(5y)N/A
ROICexc(3y)12.09%
ROICexc(5y)N/A
ROICexgc(3y)16.06%
ROICexgc(5y)N/A
ROCE(3y)14.66%
ROCE(5y)N/A
ROICexcg growth 3Y6.8%
ROICexcg growth 5Y-8.04%
ROICexc growth 3Y-10.82%
ROICexc growth 5Y-16.81%
OM growth 3Y15.01%
OM growth 5Y-3.21%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-0.07%
GM growth 5Y-0.01%
F-Score5
Asset Turnover0.34
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.97 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 7.01 | ||
| Cap/Depr | 104.75% | ||
| Cap/Sales | 16.13% | ||
| Interest Coverage | 0.8 | ||
| Cash Conversion | 41.74% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.52 | ||
| Quick Ratio | 0.42 | ||
| Altman-Z | 0.46 |
F-Score5
WACC8.22%
ROIC/WACC0.3
Cap/Depr(3y)120%
Cap/Depr(5y)96.35%
Cap/Sales(3y)11.4%
Cap/Sales(5y)21.94%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-205.51%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-78.33%
EPS Next Y59.52%
EPS Next 2Y56.26%
EPS Next 3Y40.22%
EPS Next 5YN/A
Revenue 1Y (TTM)67.95%
Revenue growth 3Y26.5%
Revenue growth 5Y12.93%
Sales Q2Q%62.76%
Revenue Next Year-4.77%
Revenue Next 2Y0.42%
Revenue Next 3Y1.78%
Revenue Next 5YN/A
EBIT growth 1Y-28.2%
EBIT growth 3Y45.49%
EBIT growth 5Y9.3%
EBIT Next Year86.56%
EBIT Next 3Y34.72%
EBIT Next 5YN/A
FCF growth 1Y-415.52%
FCF growth 3Y-28.19%
FCF growth 5Y-6.17%
OCF growth 1Y14.25%
OCF growth 3Y22.89%
OCF growth 5Y-1.51%