| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 4/6 |
| Past Performance | 0/6 |
| Financial Health | 3/6 |
| Dividends | 0/6 |
CWN Overview
Crown Resorts Limited operates in the entertainment industry primarily in Australia.
Rewards
Risk Analysis
No risks detected for CWN from our risk checks.
Crown Resorts Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | AU$9.57 |
| 52 Week High | AU$8.06 |
| 52 Week Low | AU$13.32 |
| Beta | 1.09 |
| 1 Month Change | 0.63% |
| 3 Month Change | -10.89% |
| 1 Year Change | 6.45% |
| 3 Year Change | -26.95% |
| 5 Year Change | -12.36% |
| Change since IPO | -32.94% |
Recent News & Updates
Shareholder Returns
| CWN | AU Hospitality | AU Market | |
|---|---|---|---|
| 7D | 3.8% | 0.1% | 0.9% |
| 1Y | 6.5% | 41.7% | 20.2% |
Return vs Industry: CWN underperformed the Australian Hospitality industry which returned 41.7% over the past year.
Return vs Market: CWN underperformed the Australian Market which returned 20.2% over the past year.
Price Volatility
| CWN volatility | |
|---|---|
| CWN Beta | 1.09 |
| Industry Beta | 1.23 |
| Market Beta | 1 |
Stable Share Price: CWN is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: CWN's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2007 | 12,489 | Peter Crinis | https://www.crownresorts.com.au |
Crown Resorts Limited operates in the entertainment industry primarily in Australia. It operates through four segments: Crown Melbourne, Crown Perth, Crown Aspinalls, and Wagering & Online. The company owns and operates two integrated resorts, including Crown Melbourne and Crown Perth.
Crown Resorts Fundamentals Summary
| CWN fundamental statistics | |
|---|---|
| Market Cap | AU$6.48b |
| Earnings (TTM) | -AU$261.60m |
| Revenue (TTM) | AU$1.54b |
4.2x
P/S Ratio-24.8x
P/E RatioIs CWN overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| CWN income statement (TTM) | |
|---|---|
| Revenue | AU$1.54b |
| Cost of Revenue | AU$1.51b |
| Gross Profit | AU$30.70m |
| Expenses | AU$292.30m |
| Earnings | -AU$261.60m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.39 |
| Gross Margin | 2.00% |
| Net Profit Margin | -17.02% |
| Debt/Equity Ratio | 27.2% |
How did CWN perform over the long term?
See historical performance and comparisonValuation
Is Crown Resorts undervalued compared to its fair value and its price relative to the market?
23.2%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CWN (A$9.57) is trading below our estimate of fair value (A$12.46)
Significantly Below Fair Value: CWN is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: CWN is unprofitable, so we can't compare its PE Ratio to the Australian Hospitality industry average.
PE vs Market: CWN is unprofitable, so we can't compare its PE Ratio to the Australian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate CWN's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CWN is good value based on its PB Ratio (1.5x) compared to the AU Hospitality industry average (3.7x).
Future Growth
How is Crown Resorts forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?
52.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CWN is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.9%).
Earnings vs Market: CWN is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: CWN's is expected to become profitable in the next 3 years.
Revenue vs Market: CWN's revenue (18.6% per year) is forecast to grow faster than the Australian market (5.5% per year).
High Growth Revenue: CWN's revenue (18.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CWN's Return on Equity is forecast to be low in 3 years time (8.5%).
Past Performance
How has Crown Resorts performed over the past 5 years?
-50.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CWN is currently unprofitable.
Growing Profit Margin: CWN is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: CWN is unprofitable, and losses have increased over the past 5 years at a rate of 50.1% per year.
Accelerating Growth: Unable to compare CWN's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: CWN is unprofitable, making it difficult to compare its past year earnings growth to the Hospitality industry (4.2%).
Return on Equity
High ROE: CWN has a negative Return on Equity (-5.85%), as it is currently unprofitable.
Financial Health
How is Crown Resorts's financial position?
Financial Position Analysis
Short Term Liabilities: CWN's short term assets (A$1.1B) exceed its short term liabilities (A$1.0B).
Long Term Liabilities: CWN's short term assets (A$1.1B) do not cover its long term liabilities (A$1.6B).
Debt to Equity History and Analysis
Debt Level: CWN's debt to equity ratio (27.2%) is considered satisfactory.
Reducing Debt: CWN's debt to equity ratio has reduced from 42.3% to 27.2% over the past 5 years.
Debt Coverage: CWN's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if CWN's interest payments on its debt are well covered by EBIT.
Balance Sheet
Dividend
What is Crown Resorts's current dividend yield, its reliability and sustainability?
4.31%
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate CWN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate CWN's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if CWN's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if CWN's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: CWN is not paying a notable dividend for the Australian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of CWN's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
0.7yrs
Average management tenure
CEO
Peter Crinis
0.75
Tenure
AU$1,311,512
Compensation
Mr. Peter Crinis is Chief Executive Officer of Crown Sydney at Crown Resorts Limited from January 1, 2021. With experience in the hotel and hospitality industry across Australia, Mr. Crinis is one of Austr...
CEO Compensation Analysis
Compensation vs Market: Peter's total compensation ($USD973.44K) is below average for companies of similar size in the Australian market ($USD2.16M).
Compensation vs Earnings: Insufficient data to compare Peter's compensation with company performance.
Leadership Team
Experienced Management: CWN's management team is not considered experienced ( 0.7 years average tenure), which suggests a new team.
Board Members
Experienced Board: CWN's board of directors are not considered experienced ( 2 years average tenure), which suggests a new board.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Crown Resorts Limited's employee growth, exchange listings and data sources
Key Information
- Name: Crown Resorts Limited
- Ticker: CWN
- Exchange: ASX
- Founded: 2007
- Industry: Casinos and Gaming
- Sector: Consumer Services
- Market Cap: AU$6.480b
- Shares outstanding: 677.16m
- Website: https://www.crownresorts.com.au
Number of Employees
Location
- Crown Resorts Limited
- Crown Towers
- Level 3
- Southbank
- Victoria
- 3006
- Australia
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/10/17 07:04 |
| End of Day Share Price | 2021/10/15 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2021/06/30 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.