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GOLDEN ENTERTAINMENT INC (GDEN) Stock Fundamental Analysis

NASDAQ:GDEN - Nasdaq - US3810131017 - Common Stock - Currency: USD

26.775  -0.41 (-1.49%)

Fundamental Rating

4

Overall GDEN gets a fundamental rating of 4 out of 10. We evaluated GDEN against 133 industry peers in the Hotels, Restaurants & Leisure industry. GDEN has an average financial health and profitability rating. GDEN has a decent growth rate and is not valued too expensively.


Dividend Valuation Growth Profitability Health

4

1. Profitability

1.1 Basic Checks

GDEN had positive earnings in the past year.
GDEN had a positive operating cash flow in the past year.
GDEN had positive earnings in 4 of the past 5 years.
Each year in the past 5 years GDEN had a positive operating cash flow.
GDEN Yearly Net Income VS EBIT VS OCF VS FCFGDEN Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 100M -100M 200M

1.2 Ratios

GDEN has a Return On Assets of 1.06%. This is comparable to the rest of the industry: GDEN outperforms 42.11% of its industry peers.
Looking at the Return On Equity, with a value of 2.44%, GDEN is in line with its industry, outperforming 55.64% of the companies in the same industry.
GDEN has a worse Return On Invested Capital (3.68%) than 60.90% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for GDEN is significantly below the industry average of 13.97%.
Industry RankSector Rank
ROA 1.06%
ROE 2.44%
ROIC 3.68%
ROA(3y)9.25%
ROA(5y)5.82%
ROE(3y)27.19%
ROE(5y)9.51%
ROIC(3y)5.89%
ROIC(5y)N/A
GDEN Yearly ROA, ROE, ROICGDEN Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 -20 40 -40 -60 -80

1.3 Margins

With a Profit Margin value of 1.72%, GDEN perfoms like the industry average, outperforming 44.36% of the companies in the same industry.
In the last couple of years the Profit Margin of GDEN has declined.
GDEN has a Operating Margin of 7.34%. This is comparable to the rest of the industry: GDEN outperforms 44.36% of its industry peers.
In the last couple of years the Operating Margin of GDEN has grown nicely.
GDEN has a Gross Margin of 54.48%. This is in the better half of the industry: GDEN outperforms 66.92% of its industry peers.
In the last couple of years the Gross Margin of GDEN has grown nicely.
Industry RankSector Rank
OM 7.34%
PM (TTM) 1.72%
GM 54.48%
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%
GDEN Yearly Profit, Operating, Gross MarginsGDEN Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 40

4

2. Health

2.1 Basic Checks

The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so GDEN is destroying value.
Compared to 1 year ago, GDEN has less shares outstanding
Compared to 5 years ago, GDEN has less shares outstanding
Compared to 1 year ago, GDEN has an improved debt to assets ratio.
GDEN Yearly Shares OutstandingGDEN Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 5M 10M 15M 20M 25M
GDEN Yearly Total Debt VS Total AssetsGDEN Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B

2.2 Solvency

GDEN has an Altman-Z score of 1.46. This is a bad value and indicates that GDEN is not financially healthy and even has some risk of bankruptcy.
GDEN has a Altman-Z score of 1.46. This is comparable to the rest of the industry: GDEN outperforms 47.37% of its industry peers.
GDEN has a debt to FCF ratio of 8.16. This is a slightly negative value and a sign of low solvency as GDEN would need 8.16 years to pay back of all of its debts.
The Debt to FCF ratio of GDEN (8.16) is better than 67.67% of its industry peers.
GDEN has a Debt/Equity ratio of 0.86. This is a neutral value indicating GDEN is somewhat dependend on debt financing.
GDEN has a Debt to Equity ratio of 0.86. This is in the better half of the industry: GDEN outperforms 63.91% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.86
Debt/FCF 8.16
Altman-Z 1.46
ROIC/WACC0.4
WACC9.31%
GDEN Yearly LT Debt VS Equity VS FCFGDEN Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200M 400M 600M 800M 1B

2.3 Liquidity

A Current Ratio of 0.95 indicates that GDEN may have some problems paying its short term obligations.
GDEN has a Current ratio (0.95) which is in line with its industry peers.
A Quick Ratio of 0.87 indicates that GDEN may have some problems paying its short term obligations.
GDEN's Quick ratio of 0.87 is in line compared to the rest of the industry. GDEN outperforms 51.13% of its industry peers.
Industry RankSector Rank
Current Ratio 0.95
Quick Ratio 0.87
GDEN Yearly Current Assets VS Current LiabilitesGDEN Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M 400M

4

3. Growth

3.1 Past

GDEN shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 124.84%, 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 -31.14% in the last year.
GDEN shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -7.29% yearly.
EPS 1Y (TTM)124.84%
EPS 3Y-59.56%
EPS 5YN/A
EPS Q2Q%125%
Revenue 1Y (TTM)-31.14%
Revenue growth 3Y-15.28%
Revenue growth 5Y-7.29%
Sales Q2Q%-7.59%

3.2 Future

Based on estimates for the next years, GDEN will show a very strong growth in Earnings Per Share. The EPS will grow by 56.33% on average per year.
The Revenue is expected to grow by 1.49% on average over the next years.
EPS Next Y72.71%
EPS Next 2Y64.32%
EPS Next 3Y56.33%
EPS Next 5YN/A
Revenue Next Year-1.1%
Revenue Next 2Y0.95%
Revenue Next 3Y1.49%
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.
GDEN Yearly Revenue VS EstimatesGDEN Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 200M 400M 600M 800M 1B
GDEN Yearly EPS VS EstimatesGDEN Yearly EPS VS EstimatesYearly EPS VS Estimates 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 0 2 -2 4 -4 6 8

5

4. Valuation

4.1 Price/Earnings Ratio

GDEN is valuated quite expensively with a Price/Earnings ratio of 68.65.
GDEN's Price/Earnings is on the same level as the industry average.
GDEN is valuated expensively when we compare the Price/Earnings ratio to 26.38, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 29.17 indicates a quite expensive valuation of GDEN.
Compared to the rest of the industry, the Price/Forward Earnings ratio of GDEN is on the same level as its industry peers.
When comparing the Price/Forward Earnings ratio of GDEN to the average of the S&P500 Index (22.13), we can say GDEN is valued slightly more expensively.
Industry RankSector Rank
PE 68.65
Fwd PE 29.17
GDEN Price Earnings VS Forward Price EarningsGDEN Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60

4.2 Price Multiples

80.45% of the companies in the same industry are more expensive than GDEN, based on the Enterprise Value to EBITDA ratio.
83.46% of the companies in the same industry are more expensive than GDEN, based on the Price/Free Cash Flow ratio.
Industry RankSector Rank
P/FCF 14.29
EV/EBITDA 7.75
GDEN Per share dataGDEN EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 5 10 15 20

4.3 Compensation for Growth

GDEN's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
GDEN's earnings are expected to grow with 56.33% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.94
PEG (5Y)N/A
EPS Next 2Y64.32%
EPS Next 3Y56.33%

3

5. Dividend

5.1 Amount

With a Yearly Dividend Yield of 3.49%, GDEN has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 3.79, GDEN pays a better dividend. On top of this GDEN pays more dividend than 87.22% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.38, GDEN pays a bit more dividend than the S&P500 average.
Industry RankSector Rank
Dividend Yield 3.49%

5.2 History

GDEN has paid a dividend for less than 5 years, so there is no long track record yet.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
GDEN Yearly Dividends per shareGDEN Yearly Dividends per shareYearly Dividends per share 2023 2024 2025 0.5 1 1.5

5.3 Sustainability

GDEN pays out 248.00% of its income as dividend. This is not a sustainable payout ratio.
DP248%
EPS Next 2Y64.32%
EPS Next 3Y56.33%
GDEN Yearly Income VS Free CF VS DividendGDEN Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 100M -100M 200M
GDEN Dividend Payout.GDEN Dividend Payout, showing the Payout Ratio.GDEN Dividend Payout.PayoutRetained Earnings

GOLDEN ENTERTAINMENT INC

NASDAQ:GDEN (6/5/2025, 3:33:58 PM)

26.775

-0.41 (-1.49%)

Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)05-08 2025-05-08/amc
Earnings (Next)08-06 2025-08-06/amc
Inst Owners69%
Inst Owner Change-1.22%
Ins Owners26.4%
Ins Owner Change1.64%
Market Cap707.93M
Analysts80
Price Target36.72 (37.14%)
Short Float %5.3%
Short Ratio4.83
Dividend
Industry RankSector Rank
Dividend Yield 3.49%
Yearly Dividend0.77
Dividend Growth(5Y)N/A
DP248%
Div Incr Years0
Div Non Decr Years0
Ex-Date06-25 2025-06-25 (0.25)
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-41.09%
Min EPS beat(2)-53.76%
Max EPS beat(2)-28.43%
EPS beat(4)1
Avg EPS beat(4)-8.07%
Min EPS beat(4)-89.86%
Max EPS beat(4)139.77%
EPS beat(8)1
Avg EPS beat(8)-156.86%
EPS beat(12)1
Avg EPS beat(12)-115.21%
EPS beat(16)4
Avg EPS beat(16)-43.83%
Revenue beat(2)0
Avg Revenue beat(2)-4.05%
Min Revenue beat(2)-4.44%
Max Revenue beat(2)-3.67%
Revenue beat(4)0
Avg Revenue beat(4)-4.05%
Min Revenue beat(4)-5.51%
Max Revenue beat(4)-2.58%
Revenue beat(8)2
Avg Revenue beat(8)-2.12%
Revenue beat(12)3
Avg Revenue beat(12)-1.65%
Revenue beat(16)6
Avg Revenue beat(16)-0.02%
PT rev (1m)0%
PT rev (3m)-1.95%
EPS NQ rev (1m)-9.99%
EPS NQ rev (3m)-28.37%
EPS NY rev (1m)-14.09%
EPS NY rev (3m)-36.04%
Revenue NQ rev (1m)-0.37%
Revenue NQ rev (3m)-1.88%
Revenue NY rev (1m)-0.74%
Revenue NY rev (3m)-3.01%
Valuation
Industry RankSector Rank
PE 68.65
Fwd PE 29.17
P/S 1.08
P/FCF 14.29
P/OCF 7.44
P/B 1.53
P/tB 2.19
EV/EBITDA 7.75
EPS(TTM)0.39
EY1.46%
EPS(NY)0.92
Fwd EY3.43%
FCF(TTM)1.87
FCFY7%
OCF(TTM)3.6
OCFY13.44%
SpS24.72
BVpS17.47
TBVpS12.21
PEG (NY)0.94
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA 1.06%
ROE 2.44%
ROCE 5.01%
ROIC 3.68%
ROICexc 3.88%
ROICexgc 4.59%
OM 7.34%
PM (TTM) 1.72%
GM 54.48%
FCFM 7.58%
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 RankSector Rank
Debt/Equity 0.86
Debt/FCF 8.16
Debt/EBITDA 2.89
Cap/Depr 50.41%
Cap/Sales 6.97%
Interest Coverage 1.17
Cash Conversion 68.74%
Profit Quality 439.83%
Current Ratio 0.95
Quick Ratio 0.87
Altman-Z 1.46
F-Score6
WACC9.31%
ROIC/WACC0.4
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)124.84%
EPS 3Y-59.56%
EPS 5YN/A
EPS Q2Q%125%
EPS Next Y72.71%
EPS Next 2Y64.32%
EPS Next 3Y56.33%
EPS Next 5YN/A
Revenue 1Y (TTM)-31.14%
Revenue growth 3Y-15.28%
Revenue growth 5Y-7.29%
Sales Q2Q%-7.59%
Revenue Next Year-1.1%
Revenue Next 2Y0.95%
Revenue Next 3Y1.49%
Revenue Next 5YN/A
EBIT growth 1Y-45.31%
EBIT growth 3Y-34.33%
EBIT growth 5Y-1.31%
EBIT Next Year34.71%
EBIT Next 3Y14.99%
EBIT Next 5YN/A
FCF growth 1Y-48.11%
FCF growth 3Y-45.79%
FCF growth 5Y45.1%
OCF growth 1Y-41%
OCF growth 3Y-32.16%
OCF growth 5Y-4.11%