Great Canadian Gaming Corporation operates as a gaming and entertainment company in Canada.
Proven track record with mediocre balance sheet.
Share Price & News
How has Great Canadian Gaming's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: GC's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: GC underperformed the Canadian Hospitality industry which returned -20.5% over the past year.
Return vs Market: GC underperformed the Canadian Market which returned -25.3% over the past year.
Price Volatility Vs. Market
How volatile is Great Canadian Gaming's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StOur Take On Great Canadian Gaming Corporation's (TSE:GC) CEO Salary
3 weeks ago | Simply Wall StGreat Canadian Gaming Corporation Just Released Its Full-Year Results And Analysts Are Updating Their Estimates
1 month ago | Simply Wall StIf You Had Bought Great Canadian Gaming (TSE:GC) Shares Five Years Ago You'd Have Made 134%
Is Great Canadian Gaming undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: GC (CA$24.58) is trading above our estimate of fair value (CA$10.23)
Significantly Below Fair Value: GC is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: GC is good value based on its PE Ratio (8.2x) compared to the Hospitality industry average (10.4x).
PE vs Market: GC is good value based on its PE Ratio (8.2x) compared to the Canadian market (10.6x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate GC's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: GC is overvalued based on its PB Ratio (2.6x) compared to the CA Hospitality industry average (0.9x).
How is Great Canadian Gaming forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if GC's forecast earnings growth is above the savings rate (1.4%).
Earnings vs Market: Insufficient data to determine if GC's earnings are forecast to grow faster than the Canadian market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: GC's revenue (5.1% per year) is forecast to grow faster than the Canadian market (3.9% per year).
High Growth Revenue: GC's revenue (5.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: GC's Return on Equity is forecast to be high in 3 years time (26.5%)
How has Great Canadian Gaming performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GC has high quality earnings.
Growing Profit Margin: GC's current net profit margins (12.9%) are higher than last year (12.4%).
Past Earnings Growth Analysis
Earnings Trend: GC's earnings have grown by 19.6% per year over the past 5 years.
Accelerating Growth: GC's earnings growth over the past year (19.4%) is below its 5-year average (19.6% per year).
Earnings vs Industry: GC earnings growth over the past year (19.4%) exceeded the Hospitality industry -4.2%.
Return on Equity
High ROE: Whilst GC's Return on Equity (37.04%) is high, this metric is skewed due to their high level of debt.
How is Great Canadian Gaming's financial position?
Financial Position Analysis
Short Term Liabilities: GC's short term assets (CA$434.3M) exceed its short term liabilities (CA$282.0M).
Long Term Liabilities: GC's short term assets (CA$434.3M) do not cover its long term liabilities (CA$1.9B).
Debt to Equity History and Analysis
Debt Level: GC's debt to equity ratio (131.5%) is considered high.
Reducing Debt: GC's debt to equity ratio has increased from 110.3% to 131.5% over the past 5 years.
Debt Coverage: GC's debt is well covered by operating cash flow (53%).
Interest Coverage: GC's interest payments on its debt are well covered by EBIT (4.9x coverage).
Inventory Level: GC has a high level of physical assets or inventory.
Debt Coverage by Assets: GC's debt is not covered by short term assets (assets are 0.5x debt).
What is Great Canadian Gaming's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate GC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate GC's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if GC's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if GC's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of GC's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Rod Baker (53yo)
Mr. Rodney N. Baker, also known as Rod, has been the Chief Executive Officer of Great Canadian Gaming Corporation since October 11, 2011 and has been as its President from January 1, 2010 and also served a ...
CEO Compensation Analysis
Compensation vs Market: Rod's total compensation ($USD4.41M) is above average for companies of similar size in the Canadian market ($USD1.69M).
Compensation vs Earnings: Rod's compensation has been consistent with company performance over the past year.
|Vice President of Finance||2.17yrs||CA$509.50k||0.0059% CA$79.9k|
|President of Strategic Growth & Chief Compliance Officer||1yr||CA$2.94m||0.033% CA$446.9k|
|General Counsel||1.33yrs||CA$1.05m||0.0020% CA$27.0k|
|Executive Vice President of Operations - West||1.25yrs||CA$442.53k||no data|
|Chief Operating Officer||0.25yr||no data||no data|
|Vice President of Technology & Enterprise Risk Management||3.33yrs||no data||0.00090% CA$12.2k|
|Executive Vice-President of Player & Gaming Development||5yrs||CA$533.54k||no data|
|Executive Vice President of Operations – GTA||1.25yrs||no data||no data|
|Vice President of Great Canadian Casinos Inc||no data||CA$77.75k||no data|
Experienced Management: GC's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
|Member of the Advisory Board||no data||CA$13.30k||no data|
|Independent Chairman||4.75yrs||CA$265.63k||no data|
|Member of the Advisory Board||no data||no data||no data|
|Independent Director||6.75yrs||CA$193.75k||0.010% CA$137.0k|
|Independent Director||11.75yrs||CA$143.75k||no data|
|Independent Director||13.75yrs||CA$143.75k||0.0018% CA$24.6k|
|Independent Director||5.25yrs||CA$193.75k||0.011% CA$147.5k|
Experienced Board: GC's board of directors are considered experienced (8.3 years average tenure).
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Great Canadian Gaming Corporation's company bio, employee growth, exchange listings and data sources
- Name: Great Canadian Gaming Corporation
- Ticker: GC
- Exchange: TSX
- Founded: 1982
- Industry: Casinos and Gaming
- Sector: Consumer Services
- Market Cap: CA$1.359b
- Shares outstanding: 55.30m
- Website: https://www.gcgaming.com
Number of Employees
- Great Canadian Gaming Corporation
- 39 Wynford Drive
- North York
- M3C 3K5
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|GC||TSX (The Toronto Stock Exchange)||Yes||Common Shares||CA||CAD||Jun 1998|
|GCGM.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Jun 1998|
|K3W||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Jun 1998|
Great Canadian Gaming Corporation operates as a gaming and entertainment company in Canada. As of March 3, 2020, it operated 25 gaming, entertainment, and hospitality facilities in Ontario, British Columbia, New Brunswick, and Nova Scotia. Its facilities include approximately 16,000 slot machines, 575 table games, 71 dining amenities, and 500 hotel rooms. The company was founded in 1982 and is based in North York, Canada.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/03/29 01:04|
|End of Day Share Price||2020/03/27 00:00|
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.