GAN LTD (GAN) Stock Fundamental Analysis
NASDAQ:GAN - BMG3728V1090 - Common Stock
1.97 USD
+0.01 (+0.51%)
1.9601 USD
-0.01 (-0.5%)
We assign a fundamental rating of 2 out of 10 to GAN. GAN was compared to 131 industry peers in the Hotels, Restaurants & Leisure industry. GAN may be in some trouble as it scores bad on both profitability and health. GAN is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
GAN had negative earnings in the past year.
In the past year GAN had a positive cash flow from operations.
In the past 5 years GAN always reported negative net income.
In the past 5 years GAN reported 4 times negative operating cash flow.
1.2 Ratios
With a Return On Assets value of -14.14%, GAN is not doing good in the industry: 87.31% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -14.14% | ||
| ROE | N/A | ||
| ROIC | N/A |
ROA(3y)-80.41%
ROA(5y)-52.93%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
GAN's Gross Margin of 68.73% is amongst the best of the industry. GAN outperforms 82.09% of its industry peers.
GAN's Gross Margin has declined in the last couple of years.
GAN does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 68.73% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y1.66%
GM growth 5Y-1.7%
2. Health
2.1 Basic Checks
GAN does not have a ROIC to compare to the WACC, probably because it is not profitable.
GAN has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, GAN has more shares outstanding
The debt/assets ratio for GAN is higher compared to a year ago.
2.2 Solvency
GAN has an Altman-Z score of -3.56. This is a bad value and indicates that GAN is not financially healthy and even has some risk of bankruptcy.
GAN has a Altman-Z score of -3.56. This is amonst the worse of the industry: GAN underperforms 94.03% of its industry peers.
GAN has a debt to FCF ratio of 11.79. This is a negative value and a sign of low solvency as GAN would need 11.79 years to pay back of all of its debts.
The Debt to FCF ratio of GAN (11.79) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 11.79 | ||
| Altman-Z | -3.56 |
ROIC/WACCN/A
WACC7.12%
2.3 Liquidity
A Current Ratio of 1.57 indicates that GAN should not have too much problems paying its short term obligations.
GAN has a better Current ratio (1.57) than 75.37% of its industry peers.
GAN has a Quick Ratio of 1.57. This is a normal value and indicates that GAN is financially healthy and should not expect problems in meeting its short term obligations.
GAN's Quick ratio of 1.57 is fine compared to the rest of the industry. GAN outperforms 76.87% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.57 | ||
| Quick Ratio | 1.57 |
3. Growth
3.1 Past
GAN shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 71.43%, which is quite impressive.
GAN shows a small growth in Revenue. In the last year, the Revenue has grown by 7.02%.
The Revenue has been growing by 35.10% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)71.43%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-44.44%
Revenue 1Y (TTM)7.02%
Revenue growth 3Y2.82%
Revenue growth 5Y35.1%
Sales Q2Q%-4.19%
3.2 Future
The Earnings Per Share is expected to grow by 13.04% on average over the next years. This is quite good.
GAN is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.90% yearly.
EPS Next Y47.61%
EPS Next 2Y6.55%
EPS Next 3Y13.04%
EPS Next 5YN/A
Revenue Next Year-4.82%
Revenue Next 2Y2.15%
Revenue Next 3Y3.9%
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
GAN reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
Also next year GAN is expected to report negative earnings again, which makes the also the Forward Price/Earnings Ratio negative.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A |
4.2 Price Multiples
74.63% of the companies in the same industry are cheaper than GAN, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, GAN is valued a bit cheaper than 69.40% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 22.44 | ||
| EV/EBITDA | 31.02 |
4.3 Compensation for Growth
A more expensive valuation may be justified as GAN's earnings are expected to grow with 13.04% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y6.55%
EPS Next 3Y13.04%
5. Dividend
5.1 Amount
No dividends for GAN!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
1.97
+0.01 (+0.51%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)
Earnings (Next)
Inst Owners31.54%
Inst Owner Change-89.84%
Ins Owners7.71%
Ins Owner Change-34.44%
Market Cap91.53M
Analysts46.67
Price Target2.01 (2.03%)
Short Float %N/A
Short RatioN/A
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)0
Avg EPS beat(2)-1219.36%
Min EPS beat(2)-2327.72%
Max EPS beat(2)-111%
EPS beat(4)2
Avg EPS beat(4)-556.24%
Min EPS beat(4)-2327.72%
Max EPS beat(4)177.66%
EPS beat(8)3
Avg EPS beat(8)-288.04%
EPS beat(12)5
Avg EPS beat(12)-466.6%
EPS beat(16)6
Avg EPS beat(16)-402.26%
Revenue beat(2)0
Avg Revenue beat(2)-21.32%
Min Revenue beat(2)-23.68%
Max Revenue beat(2)-18.97%
Revenue beat(4)2
Avg Revenue beat(4)-8.85%
Min Revenue beat(4)-23.68%
Max Revenue beat(4)5.93%
Revenue beat(8)3
Avg Revenue beat(8)-9.89%
Revenue beat(12)3
Avg Revenue beat(12)-8.37%
Revenue beat(16)5
Avg Revenue beat(16)-6.79%
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)54%
EPS NY rev (1m)0%
EPS NY rev (3m)-112.82%
Revenue NQ rev (1m)-6.59%
Revenue NQ rev (3m)-7.27%
Revenue NY rev (1m)-8.67%
Revenue NY rev (3m)-13.99%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| P/S | 0.68 | ||
| P/FCF | 22.44 | ||
| P/OCF | 12.53 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 31.02 |
EPS(TTM)-0.2
EYN/A
EPS(NY)-0.14
Fwd EYN/A
FCF(TTM)0.09
FCFY4.46%
OCF(TTM)0.16
OCFY7.98%
SpS2.88
BVpS-0.35
TBVpS-0.7
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -14.14% | ||
| ROE | N/A | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 68.73% | ||
| FCFM | 3.05% |
ROA(3y)-80.41%
ROA(5y)-52.93%
ROE(3y)N/A
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 3Y1.66%
GM growth 5Y-1.7%
F-Score4
Asset Turnover1.78
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 11.79 | ||
| Debt/EBITDA | 14.97 | ||
| Cap/Depr | 41.36% | ||
| Cap/Sales | 2.41% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | 227.42% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.57 | ||
| Quick Ratio | 1.57 | ||
| Altman-Z | -3.56 |
F-Score4
WACC7.12%
ROIC/WACCN/A
Cap/Depr(3y)45.66%
Cap/Depr(5y)80.76%
Cap/Sales(3y)5.61%
Cap/Sales(5y)8.98%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)71.43%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-44.44%
EPS Next Y47.61%
EPS Next 2Y6.55%
EPS Next 3Y13.04%
EPS Next 5YN/A
Revenue 1Y (TTM)7.02%
Revenue growth 3Y2.82%
Revenue growth 5Y35.1%
Sales Q2Q%-4.19%
Revenue Next Year-4.82%
Revenue Next 2Y2.15%
Revenue Next 3Y3.9%
Revenue Next 5YN/A
EBIT growth 1Y83.38%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year1701.45%
EBIT Next 3Y226.63%
EBIT Next 5YN/A
FCF growth 1Y128.56%
FCF growth 3YN/A
FCF growth 5Y0.48%
OCF growth 1Y314.28%
OCF growth 3YN/A
OCF growth 5Y0.79%