TSX:GC

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Great Canadian Gaming

Executive Summary

Great Canadian Gaming Corporation operates as a gaming and entertainment company in Canada. More Details


Snowflake Analysis

Mediocre balance sheet with questionable track record.

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 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-4.3%

GC

-1.7%

CA Hospitality

-0.6%

CA Market


1 Year Return

-40.5%

GC

-28.5%

CA Hospitality

-7.7%

CA Market

Return vs Industry: GC underperformed the Canadian Hospitality industry which returned -28.5% over the past year.

Return vs Market: GC underperformed the Canadian Market which returned -7.7% over the past year.


Shareholder returns

GCIndustryMarket
7 Day-4.3%-1.7%-0.6%
30 Day-7.6%2.6%-1.1%
90 Day-12.6%-0.6%5.6%
1 Year-40.5%-40.5%-26.0%-28.5%-4.4%-7.7%
3 Year-22.4%-22.4%-5.5%-13.6%9.1%-1.5%
5 Year35.7%35.7%52.0%34.8%44.6%22.4%

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

Valuation

Is Great Canadian Gaming undervalued compared to its fair value and its price relative to the market?

16.75x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate GC's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate GC's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: GC is good value based on its PE Ratio (16.8x) compared to the CA Hospitality industry average (17.3x).

PE vs Market: GC's PE Ratio (16.8x) is in line with the Canadian market.


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 (1x).


Next Steps

Future Growth

How is Great Canadian Gaming forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

35.7%

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 (1.7%).

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 (35.7% per year) is forecast to grow faster than the Canadian market (5.6% per year).

High Growth Revenue: GC's revenue (35.7% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if GC's Return on Equity is forecast to be high in 3 years time


Next Steps

  • Explore growth companies in the Consumer Services industry.

Past Performance

How has Great Canadian Gaming performed over the past 5 years?

17.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: GC has high quality earnings.

Growing Profit Margin: GC's current net profit margins (8%) are lower than last year (11.8%).


Past Earnings Growth Analysis

Earnings Trend: GC's earnings have grown by 17.4% per year over the past 5 years.

Accelerating Growth: GC's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: GC had negative earnings growth (-46.7%) over the past year, making it difficult to compare to the Hospitality industry average (-6.7%).


Return on Equity

High ROE: GC's Return on Equity (18.9%) is considered low.


Next Steps

Financial Health

How is Great Canadian Gaming's financial position?


Financial Position Analysis

Short Term Liabilities: GC's short term assets (CA$602.0M) exceed its short term liabilities (CA$193.7M).

Long Term Liabilities: GC's short term assets (CA$602.0M) do not cover its long term liabilities (CA$2.3B).


Debt to Equity History and Analysis

Debt Level: GC's debt to equity ratio (189%) is considered high.

Reducing Debt: GC's debt to equity ratio has increased from 119.5% to 189% over the past 5 years.

Debt Coverage: GC's debt is well covered by operating cash flow (26.4%).

Interest Coverage: GC's interest payments on its debt are well covered by EBIT (3x coverage).


Balance Sheet


Next Steps

Dividend

What is Great Canadian Gaming 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 recent payouts.

High Dividend: Unable to evaluate GC'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 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.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.3yrs

Average management tenure


CEO

Rod Baker (54 yo)

8.92yrs

Tenure

CA$10,643,072

Compensation

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 ($USD8.00M) is above average for companies of similar size in the Canadian market ($USD1.32M).

Compensation vs Earnings: Rod's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Rodney Baker
President8.92yrsCA$10.64m0.14%
CA$ 1.9m
Matthew Newsome
Vice President of Finance2.67yrsCA$418.55k0.0059%
CA$ 80.4k
Matthew Anfinson
Chief Operating Officer0.75yrCA$1.97mno data
Terrance Doyle
President of Strategic Growth & Chief Compliance Officer1.5yrsCA$5.60m0.033%
CA$ 449.7k
John Russo
General Counsel1.83yrsCA$770.74k0.0045%
CA$ 61.8k
Darren Gwozd
Executive Vice President of Financeno datano data0.0036%
CA$ 48.6k
Jacqueline Gorton
Vice President of Technology & Enterprise Risk Management3.83yrsno data0.00091%
CA$ 12.4k
Walter Soo
Executive Vice-President of Player & Gaming Development5.5yrsCA$533.54kno data
Chuck Keeling
Executive Vice President of Stakeholder Relations & Responsible Gamingno datano data0.037%
CA$ 499.6k
Craig DeMarta
Executive Vice President of Operations – GTA1.75yrsno datano data
Sukvinder Singh
Executive Vice President of Complianceno datano datano data
G. Oliver
Vice President of Great Canadian Casinos Incno dataCA$77.75kno data

2.3yrs

Average Tenure

48.5yo

Average Age

Experienced Management: GC's management team is considered experienced (2.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Rodney Baker
President8.92yrsCA$10.64m0.14%
CA$ 1.9m
Jacob Brouwer
Member of the Advisory Boardno dataCA$13.30kno data
Peter Meredith
Independent Chairman5.25yrsCA$262.50kno data
Gordon Flatt
Member of the Advisory Boardno datano datano data
Mark Davis
Independent Director7.25yrsCA$187.50k0.010%
CA$ 137.9k
Larry Campbell
Independent Director12.25yrsCA$187.50kno data
Thomas Gaffney
Independent Director14.25yrsCA$187.50k0.0018%
CA$ 24.8k
Karen Keilty
Independent Director5.75yrsCA$187.50k0.011%
CA$ 148.3k

8.8yrs

Average Tenure

70yo

Average Age

Experienced Board: GC's board of directors are considered experienced (8.8 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: GC 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

Great Canadian Gaming Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Great Canadian Gaming Corporation
  • Ticker: GC
  • Exchange: TSX
  • Founded: 1982
  • Industry: Casinos and Gaming
  • Sector: Consumer Services
  • Market Cap: CA$1.361b
  • Shares outstanding: 55.03m
  • Website: https://www.gcgaming.com

Number of Employees


Location

  • Great Canadian Gaming Corporation
  • 39 Wynford Drive
  • North York
  • Ontario
  • M3C 3K5
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
GCTSX (The Toronto Stock Exchange)YesCommon SharesCACADJun 1998
GCGM.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDJun 1998
K3WDB (Deutsche Boerse AG)YesCommon SharesDEEURJun 1998

Biography

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 Columbi ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/09/22 05:47
End of Day Share Price2020/09/21 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.