Century Casinos Inc.
Find Ratings ReportsCENTURY CASINOS INC's gross profit margin for the third quarter of its fiscal year 2023 is essentially unchanged when compared to the same period a year ago. Even though sales increased, the net income has decreased, representing a decrease to the bottom line. CENTURY CASINOS INC is extremely liquid. Currently, the Quick Ratio is 2.20 which clearly shows the ability to cover any short-term cash needs. The company's liquidity has decreased from the same period last year, indicating deteriorating cash flow.
During the same period, stockholders' equity ("net worth") has decreased by 11.03% from the same quarter last year. Overall, the key liquidity measurements indicate that the company is very unlikely to face financial difficulties in the near future.
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Income Statement | Q3 FY23 | Q3 FY22 |
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Net Sales ($mil) | 161.18 | 112.55 |
EBITDA ($mil) | 30.34 | 26.01 |
EBIT ($mil) | 17.82 | 19.23 |
Net Income ($mil) | -14.18 | 2.94 |
Balance Sheet | Q3 FY23 | Q3 FY22 |
---|---|---|
Cash & Equiv. ($mil) | 189.01 | 199.36 |
Total Assets ($mil) | 1358.86 | 868.53 |
Total Debt ($mil) | 1016.59 | 664.58 |
Equity ($mil) | 128.88 | 144.86 |
Profitability | Q3 FY23 | Q3 FY22 |
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Gross Profit Margin | 46.26 | 46.1 |
EBITDA Margin | 18.82 | 23.1 |
Operating Margin | 11.05 | 17.09 |
Sales Turnover | 0.38 | 0.5 |
Return on Assets | -1.57 | 1.83 |
Return on Equity | -16.62 | 11.03 |
Debt | Q3 FY23 | Q3 FY22 |
---|---|---|
Current Ratio | 2.44 | 4.03 |
Debt/Capital | 0.89 | 0.82 |
Interest Expense | 24.14 | 15.92 |
Interest Coverage | 0.74 | 1.21 |
Share Data | Q3 FY23 | Q3 FY22 |
---|---|---|
Shares outstanding (mil) | 30.36 | 29.86 |
Div / share | 0.0 | 0.0 |
EPS | -0.47 | 0.09 |
Book value / share | 4.25 | 4.85 |
Institutional Own % | n/a | n/a |
Avg Daily Volume | 142146.0 | 134748.0 |
SELL. This stock’s P/E ratio is negative, making its value useless in the assessment of premium or discount valuation, only displaying that the company has negative earnings per share. For additional comparison, its price-to-book ratio of 0.72 indicates a significant discount versus the S&P 500 average of 4.68 and a significant discount versus the subsector average of 9.62. The price-to-sales ratio is well below both the S&P 500 average and the subsector average, indicating a discount. After reviewing these and other key valuation criteria, CENTURY CASINOS INC proves to trade at a discount to investment alternatives.
Price/Earnings |
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Price/Cash Flow |
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CNTY NM | Peers 29.44 | CNTY 3.25 | Peers 21.25 | |||||||||||||||||||||
Neutral. The absence of a valid P/E ratio happens when a stock can not be valued on the basis of a negative stream of earnings. CNTY's P/E is negative making this valuation measure meaningless. |
Discount. The P/CF ratio, a stock’s price divided by the company's cash flow from operations, is useful for comparing companies with different capital requirements or financing structures. CNTY is trading at a significant discount to its peers. |
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Price/Projected Earnings |
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Price to Earnings/Growth |
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CNTY NM | Peers 23.10 | CNTY NA | Peers 0.87 | |||||||||||||||||||||
Neutral. The absence of a valid price-to-projected earnings ratio happens when a stock can not be valued on the basis of a negative expected future earnings. CNTY's ratio is negative making this valuation measure meaningless. |
Neutral. The PEG ratio is the stock’s P/E divided by the consensus estimate of long-term earnings growth. Faster growth can justify higher price multiples. Ratio not available. |
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Price/Book |
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Earnings Growth |
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CNTY 0.72 | Peers 9.62 | CNTY -239.21 | Peers 89.27 | |||||||||||||||||||||
Discount. A lower price-to-book ratio makes a stock more attractive to investors seeking stocks with lower market values per dollar of equity on the balance sheet. CNTY is trading at a significant discount to its peers. |
Lower. Elevated earnings growth rates can lead to capital appreciation and justify higher price-to-earnings ratios. However, CNTY is expected to significantly trail its peers on the basis of its earnings growth rate. |
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Price/Sales |
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Sales Growth |
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CNTY 0.18 | Peers 5.10 | CNTY 17.53 | Peers 38.74 | |||||||||||||||||||||
Discount. In the absence of P/E and P/B multiples, the price-to-sales ratio can display the value investors are placing on each dollar of sales. CNTY is trading at a significant discount to its subsector on this measurement. |
Lower. A sales growth rate that trails the subsector implies that a company is losing market share. CNTY significantly trails its peers on the basis of sales growth. |
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