GOLDEN ENTERTAINMENT INC (GDEN)
US3810131017 - Common Stock
We assign a fundamental rating of 4 out of 10 to GDEN. GDEN was compared to 135 industry peers in the Hotels, Restaurants & Leisure industry. GDEN has an average financial health and profitability rating. GDEN has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
In the past year GDEN has reported negative net income.
GDEN had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: GDEN reported negative net income in multiple years.
Each year in the past 5 years GDEN had a positive operating cash flow.
1.2 Ratios
GDEN has a better Return On Assets (17.61%) than 94.78% of its industry peers.
With an excellent Return On Equity value of 47.56%, GDEN belongs to the best of the industry, outperforming 92.54% of the companies in the same industry.
The Return On Invested Capital of GDEN (7.45%) is better than 62.69% of its industry peers.
GDEN had an Average Return On Invested Capital over the past 3 years of 8.97%. This is in line with the industry average of 10.06%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 17.61% | ||
| ROE | 47.56% | ||
| ROIC | 7.45% |
ROA(3y)11.03%
ROA(5y)4.42%
ROE(3y)40.51%
ROE(5y)4.64%
ROIC(3y)8.97%
ROIC(5y)N/A
1.3 Margins
GDEN has a Profit Margin of 24.28%. This is amongst the best in the industry. GDEN outperforms 97.01% of its industry peers.
The Operating Margin of GDEN (10.25%) is comparable to the rest of the industry.
GDEN's Operating Margin has improved in the last couple of years.
GDEN has a Gross Margin of 43.03%. This is in the lower half of the industry: GDEN underperforms 61.19% of its industry peers.
GDEN's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 10.25% | ||
| PM (TTM) | 24.28% | ||
| GM | 43.03% |
OM growth 3YN/A
OM growth 5Y8.77%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y2.77%
GM growth 5Y1.66%
2. Health
2.1 Basic Checks
GDEN has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
GDEN has more shares outstanding than it did 1 year ago.
The number of shares outstanding for GDEN has been increased compared to 5 years ago.
The debt/assets ratio for GDEN has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 1.81 indicates that GDEN is not a great score, but indicates only limited risk for bankruptcy at the moment.
GDEN has a Altman-Z score of 1.81. This is comparable to the rest of the industry: GDEN outperforms 54.48% of its industry peers.
GDEN has a debt to FCF ratio of 19.90. This is a negative value and a sign of low solvency as GDEN would need 19.90 years to pay back of all of its debts.
GDEN's Debt to FCF ratio of 19.90 is in line compared to the rest of the industry. GDEN outperforms 49.25% of its industry peers.
GDEN has a Debt/Equity ratio of 1.22. This is a high value indicating a heavy dependency on external financing.
GDEN has a better Debt to Equity ratio (1.22) than 61.94% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.22 | ||
| Debt/FCF | 19.9 | ||
| Altman-Z | 1.81 |
ROIC/WACC0.75
WACC9.89%
2.3 Liquidity
GDEN has a Current Ratio of 2.35. This indicates that GDEN is financially healthy and has no problem in meeting its short term obligations.
GDEN has a Current ratio of 2.35. This is amongst the best in the industry. GDEN outperforms 89.55% of its industry peers.
A Quick Ratio of 2.30 indicates that GDEN has no problem at all paying its short term obligations.
GDEN has a better Quick ratio (2.30) than 90.30% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.35 | ||
| Quick Ratio | 2.3 |
3. Growth
3.1 Past
The earnings per share for GDEN have decreased strongly by -147.49% in the last year.
Looking at the last year, GDEN shows a decrease in Revenue. The Revenue has decreased by -6.11% in the last year.
The Revenue has been growing slightly by 4.34% on average over the past years.
EPS 1Y (TTM)-147.49%
EPS 3YN/A
EPS 5YN/A
EPS growth Q2Q-74.29%
Revenue 1Y (TTM)-6.11%
Revenue growth 3Y14.9%
Revenue growth 5Y4.34%
Revenue growth Q2Q-17.52%
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 55.16% on average per year.
GDEN is expected to show a very negative growth in Revenue. In the coming years, the Revenue will decrease by -12.01% yearly.
EPS Next Y193.21%
EPS Next 2Y82.8%
EPS Next 3Y55.16%
EPS Next 5YN/A
Revenue Next Year-34.09%
Revenue Next 2Y-17.91%
Revenue Next 3Y-12.01%
Revenue Next 5YN/A
3.3 Evolution
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings Ratio is negative for GDEN. In the last year negative earnings were reported.
A Price/Forward Earnings ratio of 27.07 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.
Compared to an average S&P500 Price/Forward Earnings ratio of 20.41, GDEN is valued a bit more expensive.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 27.07 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, GDEN is valued cheaper than 82.84% of the companies in the same industry.
GDEN's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 26.96 | ||
| EV/EBITDA | 7.13 |
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.
The decent profitability rating of GDEN may justify a higher PE ratio.
GDEN's earnings are expected to grow with 55.16% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y82.8%
EPS Next 3Y55.16%
5. Dividend
5.1 Amount
GDEN has a Yearly Dividend Yield of 3.19%.
GDEN's Dividend Yield is rather good when compared to the industry average which is at 2.62. GDEN pays more dividend than 88.81% of the companies in the same industry.
GDEN's Dividend Yield is a higher than the S&P500 average which is at 2.41.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.19% |
5.2 History
GDEN is new to the dividend game and has less than 3 years of track record.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
GDEN pays out 22.57% of its income as dividend. This is a sustainable payout ratio.
DP22.57%
EPS Next 2Y82.8%
EPS Next 3Y55.16%
GOLDEN ENTERTAINMENT INC
NASDAQ:GDEN (5/3/2024, 7:00:01 PM)
After market: 31.04 0 (0%)31.04
-0.35 (-1.12%)
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 Cap898.61M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.19% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
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Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 27.07 | ||
| 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)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 17.61% | ||
| ROE | 47.56% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 10.25% | ||
| PM (TTM) | 24.28% | ||
| GM | 43.03% | ||
| 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 Turnover0.73
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.22 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 2.35 | ||
| Quick Ratio | 2.3 | ||
| 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)
Growth
EPS 1Y (TTM)-147.49%
EPS 3YN/A
EPS 5Y
EPS growth Q2Q
EPS Next Y193.21%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-6.11%
Revenue growth 3Y14.9%
Revenue growth 5Y
Revenue growth 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
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EBIT Next 5Y
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