SIX FLAGS ENTERTAINMENT CORP (SIX)
US83001A1025 - Common Stock
SIX gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 135 industry peers in the Hotels, Restaurants & Leisure industry. While SIX is still in line with the averages on profitability rating, there are concerns on its financial health. SIX has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year SIX was profitable.
SIX had a positive operating cash flow in the past year.
Of the past 5 years SIX 4 years were profitable.
Of the past 5 years SIX 4 years had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 1.44%, SIX is doing worse than 60.15% of the companies in the same industry.
SIX's Return On Invested Capital of 11.16% is fine compared to the rest of the industry. SIX outperforms 75.94% of its industry peers.
SIX had an Average Return On Invested Capital over the past 3 years of 12.21%. This is above the industry average of 10.07%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.44% | ||
| ROE | N/A | ||
| ROIC | 11.16% |
ROA(3y)3.3%
ROA(5y)0.17%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)12.21%
ROIC(5y)N/A
1.3 Margins
With a Profit Margin value of 2.74%, SIX perfoms like the industry average, outperforming 42.86% of the companies in the same industry.
SIX's Profit Margin has declined in the last couple of years.
SIX's Operating Margin of 23.11% is amongst the best of the industry. SIX outperforms 86.47% of its industry peers.
SIX's Operating Margin has declined in the last couple of years.
SIX has a Gross Margin of 92.25%. This is amongst the best in the industry. SIX outperforms 99.25% of its industry peers.
SIX's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 23.11% | ||
| PM (TTM) | 2.74% | ||
| GM | 92.25% |
OM growth 3YN/A
OM growth 5Y-8.4%
PM growth 3YN/A
PM growth 5Y-32.03%
GM growth 3Y0.67%
GM growth 5Y0.13%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so SIX is still creating some value.
The number of shares outstanding for SIX has been increased compared to 1 year ago.
The number of shares outstanding for SIX remains at a similar level compared to 5 years ago.
The debt/assets ratio for SIX has been reduced compared to a year ago.
2.2 Solvency
SIX has an Altman-Z score of 0.12. This is a bad value and indicates that SIX is not financially healthy and even has some risk of bankruptcy.
SIX has a Altman-Z score of 0.12. This is in the lower half of the industry: SIX underperforms 79.70% of its industry peers.
The Debt to FCF ratio of SIX is 27.63, which is on the high side as it means it would take SIX, 27.63 years of fcf income to pay off all of its debts.
SIX's Debt to FCF ratio of 27.63 is in line compared to the rest of the industry. SIX outperforms 42.86% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 27.63 | ||
| Altman-Z | 0.12 |
ROIC/WACC1.29
WACC8.68%
2.3 Liquidity
A Current Ratio of 0.43 indicates that SIX may have some problems paying its short term obligations.
SIX has a worse Current ratio (0.43) than 83.46% of its industry peers.
SIX has a Quick Ratio of 0.43. This is a bad value and indicates that SIX is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 0.38, SIX is doing worse than 81.20% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.43 | ||
| Quick Ratio | 0.38 |
3. Growth
3.1 Past
The earnings per share for SIX have decreased strongly by -65.15% in the last year.
The earnings per share for SIX have been decreasing by -32.11% on average. This is quite bad
Looking at the last year, SIX shows a small growth in Revenue. The Revenue has grown by 4.99% in the last year.
Measured over the past years, SIX shows a decrease in Revenue. The Revenue has been decreasing by -0.52% on average per year.
EPS 1Y (TTM)-65.15%
EPS 3YN/A
EPS 5Y-32.11%
EPS growth Q2Q-268.75%
Revenue 1Y (TTM)4.99%
Revenue growth 3Y58.72%
Revenue growth 5Y-0.52%
Revenue growth Q2Q4.52%
3.2 Future
SIX is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 76.69% yearly.
The Revenue is expected to grow by 4.56% on average over the next years.
EPS Next Y290.61%
EPS Next 2Y119.07%
EPS Next 3Y76.69%
EPS Next 5YN/A
Revenue Next Year5.19%
Revenue Next 2Y5.1%
Revenue Next 3Y4.56%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
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 54.48 indicates a quite expensive valuation of SIX.
Compared to the rest of the industry, the Price/Earnings ratio of SIX indicates a slightly more expensive valuation: SIX is more expensive than 60.15% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 28.05. SIX is valued rather expensively when compared to this.
The Price/Forward Earnings ratio is 13.95, which indicates a correct valuation of SIX.
Based on the Price/Forward Earnings ratio, SIX is valued a bit cheaper than 77.44% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 20.30, SIX is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 54.48 | ||
| Fwd PE | 13.95 |
4.2 Price Multiples
62.41% of the companies in the same industry are more expensive than SIX, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, SIX is valued a bit cheaper than 63.91% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 24.61 | ||
| EV/EBITDA | 9.49 |
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.
A more expensive valuation may be justified as SIX's earnings are expected to grow with 76.69% in the coming years.
PEG (NY)0.19
PEG (5Y)N/A
EPS Next 2Y119.07%
EPS Next 3Y76.69%
5. Dividend
5.1 Amount
No dividends for SIX!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
SIX FLAGS ENTERTAINMENT CORP
NYSE:SIX (5/8/2024, 7:18:49 PM)
After market: 25.02 -0.04 (-0.16%)25.06
-0.04 (-0.16%)
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 Cap2.11B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
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Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 54.48 | ||
| Fwd PE | 13.95 | ||
| 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)0.19
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.44% | ||
| ROE | N/A | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 23.11% | ||
| PM (TTM) | 2.74% | ||
| GM | 92.25% | ||
| 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 Turnover0.53
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 0.43 | ||
| Quick Ratio | 0.38 | ||
| 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)-65.15%
EPS 3YN/A
EPS 5Y
EPS growth Q2Q
EPS Next Y290.61%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)4.99%
Revenue growth 3Y58.72%
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
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y