Cedar Fair LP

Find Ratings Reports
FUN : NYSE : Services
$70.64 up 0.33 | 0.47%
Today's Range: 70.0904 - 70.7034
Avg. Daily Volume: 132900.0
05/23/17 - 4:03 PM ET

Financial Analysis


CEDAR FAIR -LP's gross profit margin for the first quarter of its fiscal year 2017 has significantly decreased when compared to the same period a year ago. Sales and net income have dropped, although the growth in revenues underperformed the average competitor within the industry, the net income growth did not.

During the same period, stockholders' equity ("net worth") has decreased by 13.74% from the same quarter last year.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. To learn more visit www.TheStreetRatings.com.



Income Statement Q1 FY17 Q1 FY16
Net Sales ($mil)48.3258.44
EBITDA ($mil)-69.07-57.77
EBIT ($mil)-74.44-62.96
Net Income ($mil)-64.75-48.49


Balance Sheet Q1 FY17 Q1 FY16
Cash & Equiv. ($mil)34.2464.55
Total Assets ($mil)1958.282003.76
Total Debt ($mil)1622.971604.9
Equity ($mil)-47.55-41.81


Profitability Q1 FY17 Q1 FY16
Gross Profit Margin-85.79-55.45
EBITDA Margin-142.94-98.85
Operating Margin-154.05-107.74
Sales Turnover0.650.62
Return on Assets8.247.36
Return on Equity0.00.0
Debt Q1 FY17 Q1 FY16
Current Ratio0.00.62
Debt/Capital1.031.03
Interest Expense0.020.58
Interest Coverage0.0-3.06


Share Data Q1 FY17 Q1 FY16
Shares outstanding (mil)56.256.07
Div / share0.860.83
EPS-1.16-0.87
Book value / share-0.85-0.75
Institutional Own % n/a n/a
Avg Daily Volume132968.0135130.0

Valuation


BUY. The current P/E ratio indicates a significant discount compared to an average of 35.64 for the Hotels, Restaurants & Leisure industry and a value on par with the S&P 500 average of 25.02. Normally, for additional comaprison, we would look at the price-to-book ratio; however, this company's price-to-book ratio is negative making the value useless for comparisons. The current price-to-sales ratio is well above the S&P 500 average, but below the industry average. After reviewing these and other key valuation criteria, CEDAR FAIR -LP proves to trade at a discount to investment alternatives within the industry.


Price/Earnings
1 2 3 4 5
premium   discount
  Price/Cash Flow
1 2 3 4 5
premium   discount
FUN 24.45 Peers 35.64   FUN NA Peers 20.48

Discount. A lower P/E ratio than its peers can signify a less expensive stock or lower growth expectations.

FUN is trading at a significant discount to its peers.

 

Neutral. The P/CF ratio is the stock’s price divided by the sum of the company's cash flow from operations. It is useful for comparing companies with different capital requirements or financing structures.

Ratio not available.

 
Price/Projected
Earnings
1 2 3 4 5
premium   discount
  Price to
Earnings/Growth
1 2 3 4 5
premium   discount
FUN 18.29 Peers 25.23   FUN 1.97 Peers 1.60

Discount. A lower price-to-projected earnings ratio than its peers can signify a less expensive stock or lower future growth expectations.

FUN is trading at a discount to its peers.

 

Premium. 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.

FUN trades at a premium to its peers.

 
Price/Book
1 2 3 4 5
premium   discount
  Earnings Growth
1 2 3 4 5
lower   higher
FUN NM Peers 11.22   FUN 9.19 Peers 121.72

Neutral. 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.

FUN's P/B is negative making this valuation measure meaningless.

 

Lower. Elevated earnings growth rates can lead to capital appreciation and justify higher price-to-earnings ratios.

However, FUN is expected to significantly trail its peers on the basis of its earnings growth rate.

 
Price/Sales
1 2 3 4 5
premium   discount
  Sales Growth
1 2 3 4 5
premium   discount
FUN 3.06 Peers 3.30   FUN 2.50 Peers 4.21

Average. 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.

FUN is trading at a valuation on par with its industry on this measurement.

 

Lower. A sales growth rate that trails the industry implies that a company is losing market share.

FUN significantly trails its peers on the basis of sales growth

 

 

Latest Stock Upgrades/Downgrades