GOLDEN ENTERTAINMENT INC (GDEN) Stock Fundamental Analysis
USA - NASDAQ:GDEN - US3810131017 - Common Stock
24.29 USD
-0.28 (-1.14%)
24.29 USD
0 (0%)
Overall GDEN gets a fundamental rating of 4 out of 10. We evaluated GDEN against 134 industry peers in the Hotels, Restaurants & Leisure industry. GDEN has only an average score on both its financial health and profitability. GDEN has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year GDEN was profitable.
In the past year GDEN had a positive cash flow from operations.
GDEN had positive earnings in 4 of the past 5 years.
GDEN had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
GDEN has a Return On Assets (1.46%) which is comparable to the rest of the industry.
GDEN's Return On Equity of 3.45% is in line compared to the rest of the industry. GDEN outperforms 53.73% of its industry peers.
With a Return On Invested Capital value of 3.47%, GDEN is not doing good in the industry: 60.45% of the companies in the same industry are doing better.
Measured over the past 3 years, the Average Return On Invested Capital for GDEN is significantly below the industry average of 15.67%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.46% | ||
| ROE | 3.45% | ||
| ROIC | 3.47% |
ROA(3y)9.25%
ROA(5y)5.82%
ROE(3y)27.19%
ROE(5y)9.51%
ROIC(3y)5.89%
ROIC(5y)N/A
1.3 Margins
The Profit Margin of GDEN (2.35%) is comparable to the rest of the industry.
In the last couple of years the Profit Margin of GDEN has declined.
Looking at the Operating Margin, with a value of 6.98%, GDEN is in line with its industry, outperforming 46.27% of the companies in the same industry.
In the last couple of years the Operating Margin of GDEN has grown nicely.
GDEN's Gross Margin of 54.18% is fine compared to the rest of the industry. GDEN outperforms 63.43% of its industry peers.
GDEN's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.98% | ||
| PM (TTM) | 2.35% | ||
| GM | 54.18% |
OM growth 3Y-22.49%
OM growth 5Y6.45%
PM growth 3Y-19.81%
PM growth 5YN/A
GM growth 3Y6.15%
GM growth 5Y5.94%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), GDEN is destroying value.
The number of shares outstanding for GDEN has been reduced compared to 1 year ago.
The number of shares outstanding for GDEN has been reduced compared to 5 years ago.
GDEN has a better debt/assets ratio than last year.
2.2 Solvency
GDEN has an Altman-Z score of 1.37. This is a bad value and indicates that GDEN is not financially healthy and even has some risk of bankruptcy.
The Altman-Z score of GDEN (1.37) is comparable to the rest of the industry.
The Debt to FCF ratio of GDEN is 8.67, which is on the high side as it means it would take GDEN, 8.67 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of GDEN (8.67) is better than 63.43% of its industry peers.
GDEN has a Debt/Equity ratio of 0.95. This is a neutral value indicating GDEN is somewhat dependend on debt financing.
The Debt to Equity ratio of GDEN (0.95) is better than 61.19% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.95 | ||
| Debt/FCF | 8.67 | ||
| Altman-Z | 1.37 |
ROIC/WACC0.38
WACC9.03%
2.3 Liquidity
A Current Ratio of 1.12 indicates that GDEN should not have too much problems paying its short term obligations.
GDEN has a Current ratio (1.12) which is in line with its industry peers.
A Quick Ratio of 1.03 indicates that GDEN should not have too much problems paying its short term obligations.
GDEN has a Quick ratio of 1.03. This is in the better half of the industry: GDEN outperforms 60.45% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.12 | ||
| Quick Ratio | 1.03 |
3. Growth
3.1 Past
GDEN shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 127.69%, which is quite impressive.
GDEN shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -59.56% yearly.
Looking at the last year, GDEN shows a very negative growth in Revenue. The Revenue has decreased by -21.68% in the last year.
The Revenue has been decreasing by -7.29% on average over the past years.
EPS 1Y (TTM)127.69%
EPS 3Y-59.56%
EPS 5YN/A
EPS Q2Q%750%
Revenue 1Y (TTM)-21.68%
Revenue growth 3Y-15.28%
Revenue growth 5Y-7.29%
Sales Q2Q%-2.22%
3.2 Future
GDEN is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 50.80% yearly.
Based on estimates for the next years, GDEN will show a small growth in Revenue. The Revenue will grow by 0.71% on average per year.
EPS Next Y26.79%
EPS Next 2Y50.74%
EPS Next 3Y50.8%
EPS Next 5YN/A
Revenue Next Year-3.34%
Revenue Next 2Y-0.58%
Revenue Next 3Y0.71%
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.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 44.98 indicates a quite expensive valuation of GDEN.
The rest of the industry has a similar Price/Earnings ratio as GDEN.
GDEN's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 27.41.
Based on the Price/Forward Earnings ratio of 31.44, the valuation of GDEN can be described as expensive.
GDEN's Price/Forward Earnings ratio is in line with the industry average.
GDEN's Price/Forward Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 22.87.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 44.98 | ||
| Fwd PE | 31.44 |
4.2 Price Multiples
82.09% of the companies in the same industry are more expensive than GDEN, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, GDEN is valued cheaper than 86.57% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.8 | ||
| EV/EBITDA | 7.53 |
4.3 Compensation for Growth
GDEN's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
A more expensive valuation may be justified as GDEN's earnings are expected to grow with 50.80% in the coming years.
PEG (NY)1.68
PEG (5Y)N/A
EPS Next 2Y50.74%
EPS Next 3Y50.8%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.06%, GDEN is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 6.79, GDEN pays a better dividend. On top of this GDEN pays more dividend than 91.04% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.38, GDEN pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.06% |
5.2 History
GDEN has been paying a dividend for less than 5 years, so it still needs to build a track record.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
178.95% of the earnings are spent on dividend by GDEN. This is not a sustainable payout ratio.
DP178.95%
EPS Next 2Y50.74%
EPS Next 3Y50.8%
24.29
-0.28 (-1.14%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)
Earnings (Next)
Inst Owners72.46%
Inst Owner Change0.1%
Ins Owners26.53%
Ins Owner Change5.53%
Market Cap635.43M
Analysts77.14
Price Target34.55 (42.24%)
Short Float %5.24%
Short Ratio4.89
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.06% |
Yearly Dividend0.77
Dividend Growth(5Y)N/A
DP178.95%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-16.87%
Min EPS beat(2)-28.43%
Max EPS beat(2)-5.3%
EPS beat(4)1
Avg EPS beat(4)13.07%
Min EPS beat(4)-53.76%
Max EPS beat(4)139.77%
EPS beat(8)1
Avg EPS beat(8)-155%
EPS beat(12)1
Avg EPS beat(12)-113.38%
EPS beat(16)3
Avg EPS beat(16)-79.05%
Revenue beat(2)0
Avg Revenue beat(2)-4.03%
Min Revenue beat(2)-4.4%
Max Revenue beat(2)-3.67%
Revenue beat(4)0
Avg Revenue beat(4)-3.77%
Min Revenue beat(4)-4.44%
Max Revenue beat(4)-2.58%
Revenue beat(8)2
Avg Revenue beat(8)-2.62%
Revenue beat(12)3
Avg Revenue beat(12)-1.9%
Revenue beat(16)5
Avg Revenue beat(16)-1.16%
PT rev (1m)-3.9%
PT rev (3m)-4.24%
EPS NQ rev (1m)10.86%
EPS NQ rev (3m)-141.86%
EPS NY rev (1m)0%
EPS NY rev (3m)-26.59%
Revenue NQ rev (1m)-0.04%
Revenue NQ rev (3m)-4.45%
Revenue NY rev (1m)-0.01%
Revenue NY rev (3m)-2.25%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 44.98 | ||
| Fwd PE | 31.44 | ||
| P/S | 0.98 | ||
| P/FCF | 12.8 | ||
| P/OCF | 6.98 | ||
| P/B | 1.43 | ||
| P/tB | 2.09 | ||
| EV/EBITDA | 7.53 |
EPS(TTM)0.54
EY2.22%
EPS(NY)0.77
Fwd EY3.18%
FCF(TTM)1.9
FCFY7.81%
OCF(TTM)3.48
OCFY14.33%
SpS24.84
BVpS16.95
TBVpS11.65
PEG (NY)1.68
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.46% | ||
| ROE | 3.45% | ||
| ROCE | 4.73% | ||
| ROIC | 3.47% | ||
| ROICexc | 3.67% | ||
| ROICexgc | 4.33% | ||
| OM | 6.98% | ||
| PM (TTM) | 2.35% | ||
| GM | 54.18% | ||
| FCFM | 7.64% |
ROA(3y)9.25%
ROA(5y)5.82%
ROE(3y)27.19%
ROE(5y)9.51%
ROIC(3y)5.89%
ROIC(5y)N/A
ROICexc(3y)6.55%
ROICexc(5y)N/A
ROICexgc(3y)7.84%
ROICexgc(5y)N/A
ROCE(3y)8.03%
ROCE(5y)N/A
ROICexcg growth 3Y-28.43%
ROICexcg growth 5Y7.12%
ROICexc growth 3Y-26.95%
ROICexc growth 5Y8.75%
OM growth 3Y-22.49%
OM growth 5Y6.45%
PM growth 3Y-19.81%
PM growth 5YN/A
GM growth 3Y6.15%
GM growth 5Y5.94%
F-Score6
Asset Turnover0.62
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.95 | ||
| Debt/FCF | 8.67 | ||
| Debt/EBITDA | 3.12 | ||
| Cap/Depr | 45.87% | ||
| Cap/Sales | 6.37% | ||
| Interest Coverage | 1.54 | ||
| Cash Conversion | 67.13% | ||
| Profit Quality | 324.92% | ||
| Current Ratio | 1.12 | ||
| Quick Ratio | 1.03 | ||
| Altman-Z | 1.37 |
F-Score6
WACC9.03%
ROIC/WACC0.38
Cap/Depr(3y)67.78%
Cap/Depr(5y)52.03%
Cap/Sales(3y)6.74%
Cap/Sales(5y)5.63%
Profit Quality(3y)72.25%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)127.69%
EPS 3Y-59.56%
EPS 5YN/A
EPS Q2Q%750%
EPS Next Y26.79%
EPS Next 2Y50.74%
EPS Next 3Y50.8%
EPS Next 5YN/A
Revenue 1Y (TTM)-21.68%
Revenue growth 3Y-15.28%
Revenue growth 5Y-7.29%
Sales Q2Q%-2.22%
Revenue Next Year-3.34%
Revenue Next 2Y-0.58%
Revenue Next 3Y0.71%
Revenue Next 5YN/A
EBIT growth 1Y-31.97%
EBIT growth 3Y-34.33%
EBIT growth 5Y-1.31%
EBIT Next Year32.77%
EBIT Next 3Y14.95%
EBIT Next 5YN/A
FCF growth 1Y-34.43%
FCF growth 3Y-45.79%
FCF growth 5Y45.1%
OCF growth 1Y-43.11%
OCF growth 3Y-32.16%
OCF growth 5Y-4.11%