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TNA

Evergreen GamingTSXV:TNA Stock Report

Market Cap

CA$49.5m

7D

0%

1Y

73.9%

Updated

25 Oct, 2021

Data

Company Financials
TNA fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance3/6
Financial Health6/6
Dividends0/6

TNA Overview

Evergreen Gaming Corporation engages in the gaming operations in the United States.

Price History & Performance

Summary of all time highs, changes and price drops for Evergreen Gaming
Historical stock prices
Current Share PriceCA$0.40
52 Week HighCA$0.24
52 Week LowCA$0.45
Beta1.81
1 Month Change-4.76%
3 Month Change14.29%
1 Year Change73.91%
3 Year Change73.91%
5 Year Change175.86%
Change since IPO-66.67%

Recent News & Updates

Sep 01
Here's What's Concerning About Evergreen Gaming's (CVE:TNA) Returns On Capital

Here's What's Concerning About Evergreen Gaming's (CVE:TNA) Returns On Capital

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. One common...

Jun 16
Is Evergreen Gaming (CVE:TNA) Using Debt Sensibly?

Is Evergreen Gaming (CVE:TNA) Using Debt Sensibly?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...

Shareholder Returns

TNACA HospitalityCA Market
7D0%-3.9%1.7%
1Y73.9%12.4%36.5%

Return vs Industry: TNA exceeded the Canadian Hospitality industry which returned 13% over the past year.

Return vs Market: TNA exceeded the Canadian Market which returned 33.6% over the past year.

Price Volatility

Is TNA's price volatile compared to industry and market?
TNA volatility
TNA Beta1.81
Industry Beta1.36
Market Beta1

Stable Share Price: Insufficient data to determine TNA's volatility over the past 3 months.

Volatility Over Time: Insufficient data to determine TNA's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/an/aTom Marvinhttps://www.evergreengaming.com

Evergreen Gaming Corporation engages in the gaming operations in the United States. It operates The Riverside casino in Tukwila; Goldies Casino in Shoreline; and Chips and Palace casinos in Lakewood. The company’s casinos offer card games, such as Poker, Blackjack, Spanish 21, 4-Card Poker, PaiGow, and Baccarat; and pull tabs.

Evergreen Gaming Fundamentals Summary

How do Evergreen Gaming's earnings and revenue compare to its market cap?
TNA fundamental statistics
Market CapUS$40.04m
Earnings (TTM)US$1.48m
Revenue (TTM)US$33.96m

27.0x

P/E Ratio

1.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
TNA income statement (TTM)
RevenueUS$33.96m
Cost of RevenueUS$27.34m
Gross ProfitUS$6.62m
ExpensesUS$5.14m
EarningsUS$1.48m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.012
Gross Margin19.50%
Net Profit Margin4.36%
Debt/Equity Ratio38.5%

How did TNA perform over the long term?

See historical performance and comparison

Valuation

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

27.02x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: TNA (CA$0.4) is trading above our estimate of fair value (CA$0.25)

Significantly Below Fair Value: TNA is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: TNA is poor value based on its PE Ratio (27x) compared to the Canadian Hospitality industry average (21.5x).

PE vs Market: TNA is poor value based on its PE Ratio (27x) compared to the Canadian market (13.5x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate TNA's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: TNA is good value based on its PB Ratio (1.6x) compared to the CA Hospitality industry average (2.3x).


Future Growth

How is Evergreen Gaming forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

42.0%

Forecasted Consumer Services industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Evergreen Gaming has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Evergreen Gaming performed over the past 5 years?

-16.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: TNA has a large one-off loss of $754.6K impacting its June 30 2021 financial results.

Growing Profit Margin: TNA's current net profit margins (4.4%) are higher than last year (0.4%).


Past Earnings Growth Analysis

Earnings Trend: TNA's earnings have declined by 16.6% per year over the past 5 years.

Accelerating Growth: TNA's earnings growth over the past year (1341.4%) exceeds its 5-year average (-16.6% per year).

Earnings vs Industry: TNA earnings growth over the past year (1341.4%) exceeded the Hospitality industry 2.8%.


Return on Equity

High ROE: TNA's Return on Equity (5.9%) is considered low.


Financial Health

How is Evergreen Gaming's financial position?


Financial Position Analysis

Short Term Liabilities: TNA's short term assets ($26.7M) exceed its short term liabilities ($8.1M).

Long Term Liabilities: TNA's short term assets ($26.7M) exceed its long term liabilities ($10.7M).


Debt to Equity History and Analysis

Debt Level: TNA's debt to equity ratio (38.5%) is considered satisfactory.

Reducing Debt: TNA's debt to equity ratio has reduced from 75.6% to 38.5% over the past 5 years.

Debt Coverage: TNA's debt is well covered by operating cash flow (36.3%).

Interest Coverage: TNA's interest payments on its debt are well covered by EBIT (3.6x coverage).


Balance Sheet


Dividend

What is Evergreen Gaming current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate TNA's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate TNA'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 TNA's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if TNA'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 TNA'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?

1.1yrs

Average management tenure


CEO

Tom Marvin

1.08yrs

Tenure

US$36,125

Compensation

Mr. Thomas K. Marvin, also known as Tom, serves as the Chief Executive Officer of XYZFind Corp. Mr. Marvin has start-up and operational experience. Before XYZ, he co-founded MicroQuill, a C++ development-t...


Leadership Team

Experienced Management: TNA's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.


Board Members

Experienced Board: TNA's board of directors are seasoned and experienced ( 10.8 years average tenure).


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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Evergreen Gaming Corporation's employee growth, exchange listings and data sources


Key Information

  • Name: Evergreen Gaming Corporation
  • Ticker: TNA
  • Exchange: TSXV
  • Founded: NaN
  • Industry: Casinos and Gaming
  • Sector: Consumer Services
  • Market Cap: CA$49.524m
  • Shares outstanding: 123.81m
  • Website: https://www.evergreengaming.com

Location

  • Evergreen Gaming Corporation
  • 8200 Tacoma Mall Boulevard
  • Lakewood
  • Washington
  • 98499
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/25 23:20
End of Day Share Price2021/10/25 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.