Vail Resorts Inc.
Find Ratings ReportsVAIL RESORTS INC's gross profit margin for the first quarter of its fiscal year 2024 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 subsector, the net income growth did not. VAIL RESORTS INC has weak liquidity. Currently, the Quick Ratio is 0.62 which shows a lack of ability to cover short-term cash needs. The liquidity decreased from the same period a year ago, despite already having weak liquidity to begin with. This would indicate deteriorating cash flow.
At the same time, stockholders' equity ("net worth") has significantly decreased by 49.95% from the same quarter last year. Overall, the key liquidity measurements indicate that the company is in a position in which financial difficulties could develop in the future.
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 FY24 | Q1 FY23 |
---|---|---|
Net Sales ($mil) | 258.57 | 279.45 |
EBITDA ($mil) | -141.51 | -95.31 |
EBIT ($mil) | -208.24 | -159.92 |
Net Income ($mil) | -175.51 | -136.97 |
Balance Sheet | Q1 FY24 | Q1 FY23 |
---|---|---|
Cash & Equiv. ($mil) | 740.39 | 1201.06 |
Total Assets ($mil) | 5760.02 | 6280.87 |
Total Debt ($mil) | 3005.49 | 3049.43 |
Equity ($mil) | 633.03 | 1264.88 |
Profitability | Q1 FY24 | Q1 FY23 |
---|---|---|
Gross Profit Margin | -12.95 | 1.25 |
EBITDA Margin | -54.72 | -34.1 |
Operating Margin | -80.54 | -57.23 |
Sales Turnover | 0.5 | 0.42 |
Return on Assets | 3.98 | 5.57 |
Return on Equity | 36.27 | 27.69 |
Debt | Q1 FY24 | Q1 FY23 |
---|---|---|
Current Ratio | 0.83 | 1.21 |
Debt/Capital | 0.83 | 0.71 |
Interest Expense | 40.73 | 35.3 |
Interest Coverage | -5.11 | -4.53 |
Share Data | Q1 FY24 | Q1 FY23 |
---|---|---|
Shares outstanding (mil) | 37.97 | 40.32 |
Div / share | 2.06 | 1.91 |
EPS | -4.6 | -3.4 |
Book value / share | 16.67 | 31.37 |
Institutional Own % | n/a | n/a |
Avg Daily Volume | 430903.0 | 423678.0 |
HOLD. This stock's P/E ratio indicates a premium compared to an average of 36.42 for the Amusement, Gambling, and Recreation Industries subsector and a significant premium compared to the S&P 500 average of 27.95. For additional comparison, its price-to-book ratio of 13.24 indicates a significant premium versus the S&P 500 average of 4.68 and a discount versus the subsector average of 13.29. The current price-to-sales ratio is above the S&P 500 average, but below the subsector average.
Price/Earnings |
|
Price/Cash Flow |
| |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
MTN 40.97 | Peers 36.42 | MTN 12.87 | Peers 9.66 | |||||||||||||||||||||
Premium. A higher P/E ratio than its peers can signify a more expensive stock or higher growth expectations. MTN is trading at a premium to its peers. |
Premium. 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. MTN is trading at a significant premium to its peers. |
|||||||||||||||||||||||
Price/Projected Earnings |
|
Price to Earnings/Growth |
|
|||||||||||||||||||||
MTN 22.42 | Peers 28.70 | MTN 2.44 | Peers 2.56 | |||||||||||||||||||||
Average. An average price-to-projected earnings ratio can signify an subsector neutral stock price and average future growth expectations. MTN is trading at a valuation on par with its peers. |
Average. 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. MTN trades at a valuation on par to its peers. |
|||||||||||||||||||||||
Price/Book |
|
Earnings Growth |
|
|||||||||||||||||||||
MTN 13.24 | Peers 13.29 | MTN -36.82 | Peers 94.00 | |||||||||||||||||||||
Average. 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. MTN is trading at a valuation on par with its peers. |
Lower. Elevated earnings growth rates can lead to capital appreciation and justify higher price-to-earnings ratios. However, MTN is expected to significantly trail its peers on the basis of its earnings growth rate. |
|||||||||||||||||||||||
Price/Sales |
|
Sales Growth |
|
|||||||||||||||||||||
MTN 2.92 | Peers 3.05 | MTN 9.07 | Peers 26.45 | |||||||||||||||||||||
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. MTN is trading at a valuation on par with its subsector on this measurement. |
Lower. A sales growth rate that trails the subsector implies that a company is losing market share. MTN significantly trails its peers on the basis of sales growth. |
|||||||||||||||||||||||