TSXV:TNA

Stock Analysis Report

Executive Summary

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

Snowflake

Fundamentals

Flawless balance sheet with outstanding track record.

Risks

  • Evergreen Gaming has significant price volatility in the past 3 months.
  • Evergreen Gaming is not covered by any analysts.

Share Price & News

How has Evergreen Gaming's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-15.3%

TSXV:TNA

-1.6%

CA Hospitality

1.2%

CA Market


1 Year Return

56.5%

TSXV:TNA

-20.4%

CA Hospitality

-0.4%

CA Market

TNA outperformed the Hospitality industry which returned -20.4% over the past year.

TNA outperformed the Market in Canada which returned -0.4% over the past year.


Share holder returns

TNAIndustryMarket
7 Day-15.3%-1.6%1.2%
30 Day-6.5%5.9%3.3%
90 Day-13.3%-4.5%0.8%
1 Year56.5%56.5%-19.9%-20.4%3.1%-0.4%
3 Year166.7%166.7%20.6%17.4%18.0%7.4%
5 Year928.6%928.6%-3.3%-6.1%22.0%4.5%

Price Volatility Vs. Market

How volatile is Evergreen Gaming's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Evergreen Gaming undervalued based on future cash flows and its price relative to the stock market?

>50%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Evergreen Gaming's share price is below the future cash flow value, and at a moderate discount (> 20%).

Evergreen Gaming's share price is below the future cash flow value, and at a substantial discount (> 40%).


Price Based on Earnings

Evergreen Gaming is good value based on earnings compared to the CA Hospitality industry average.

Evergreen Gaming is good value based on earnings compared to the Canada market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Evergreen Gaming, we can't assess if its growth is good value.


Price Based on Value of Assets

Evergreen Gaming is overvalued based on assets compared to the CA Hospitality industry average.


Next Steps

Future Growth

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

-3.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if Evergreen Gaming is high growth as no revenue estimate data is available.

Evergreen Gaming's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.

Unable to compare Evergreen Gaming's revenue growth to the Canada market average as no estimate data is available.

Evergreen Gaming's earnings are expected to decrease over the next 1-3 years, this is below the Canada market average.

Evergreen Gaming's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 1.9%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Evergreen Gaming will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Evergreen Gaming performed over the past 5 years?

16.2%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Evergreen Gaming's year on year earnings growth rate has been positive over the past 5 years.

Evergreen Gaming's 1-year earnings growth exceeds its 5-year average (40.3% vs 16.2%)

Evergreen Gaming's earnings growth has exceeded the CA Hospitality industry average in the past year (40.3% vs -12.2%).


Return on Equity

Evergreen Gaming has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).


Return on Assets

Evergreen Gaming used its assets more efficiently than the CA Hospitality industry average last year based on Return on Assets.


Return on Capital Employed

Evergreen Gaming has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Evergreen Gaming's financial position?


Financial Position Analysis

Evergreen Gaming is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Evergreen Gaming's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Evergreen Gaming's level of debt (21.4%) compared to net worth is satisfactory (less than 40%).

The level of debt compared to net worth has been reduced over the past 5 years (211.4% vs 21.4% today).

Debt is well covered by operating cash flow (121.4%, greater than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 34.7x coverage).


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 3.6x debt.


Next Steps

Dividend

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


Dividend Yield and Payments Analysis

Unable to evaluate Evergreen Gaming's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Evergreen Gaming's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Evergreen Gaming has not reported any payouts.

Unable to verify if Evergreen Gaming's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Evergreen Gaming has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Evergreen Gaming's salary, the management and board of directors tenure and is there insider trading?

2.2yrs

Average management tenure


CEO

Dawn Mangano 0

2.2yrs

Tenure

US$129,982

Compensation

Ms. Dawn M. Mangano has been Chief Executive Officer and President of Evergreen Gaming Corporation since July 2017. Ms. Mangano joined Evergreen from the Casino Caribbean/Macau Casino cardroom group consis ...


CEO Compensation Analysis

Insufficient data for Dawn to establish whether their remuneration is reasonable compared to companies of similar size in Canada.

Insufficient data for Dawn to compare compensation growth.


Management Age and Tenure

2.2yrs

Average Tenure

The tenure for the Evergreen Gaming management team is about average.


Board Age and Tenure

7.8yrs

Average Tenure

The tenure for the Evergreen Gaming board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Len Libin

    Chairman

    • Tenure: 7.3yrs
    • Compensation: US$34.60k
  • Dawn Mangano

    CEO & President

    • Tenure: 2.2yrs
    • Compensation: US$129.98k
  • Troy Unruh

    Chief Financial Officer

    • Tenure: 0.7yrs

Board Members

  • Tom Marvin

    Independent Director

    • Tenure: 3.3yrs
    • Compensation: US$13.00k
  • Len Libin

    Chairman

    • Tenure: 7.3yrs
    • Compensation: US$34.60k
  • Larry Hoff

    Independent Director

    • Tenure: 8.8yrs
    • Compensation: US$14.00k
  • Laurence Smith

    Director

    • Tenure: 8.7yrs
    • Compensation: US$14.00k
  • Steve Michels

    Director

    • Tenure: 7.8yrs
    • Compensation: US$1.57m

Company Information

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


Key Information

  • Name: Evergreen Gaming Corporation
  • Ticker: TNA
  • Exchange: TSXV
  • Founded:
  • Industry: Casinos and Gaming
  • Sector: Consumer Services
  • Market Cap: CA$44.571m
  • Shares outstanding: 123.81m
  • Website: https://www.evergreengaming.com

Location

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

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
TNATSXV (TSX Venture Exchange)YesCommon StockCACADNov 2006
EVGE.FOTCPK (Pink Sheets LLC)YesCommon StockUSUSDNov 2006

Biography

Evergreen Gaming Corporation engages in the gaming operations in the United States. It operates Riverside casino in Tukwila; Goldies Casino in Shoreline; and Chips and Palace casinos in Lakewood. The compa ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/19 23:54
End of Day Share Price2019/09/18 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.