TSXV:TNA

Stock Analysis Report

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Executive Summary

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


Snowflake Analysis

Adequate balance sheet with questionable track record.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: TNA has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-3.7%

TNA

-0.4%

CA Hospitality

-3.3%

CA Market


1 Year Return

-35.0%

TNA

-27.4%

CA Hospitality

-9.7%

CA Market

Return vs Industry: TNA underperformed the Canadian Hospitality industry which returned -27.4% over the past year.

Return vs Market: TNA underperformed the Canadian Market which returned -9.7% over the past year.


Shareholder returns

TNAIndustryMarket
7 Day-3.7%-0.4%-3.3%
30 Day0%1.4%-4.4%
90 Day4.0%0.4%5.1%
1 Year-35.0%-35.0%-24.9%-27.4%-6.5%-9.7%
3 Year100.0%100.0%-5.7%-13.7%5.3%-4.9%
5 Year333.3%333.3%55.3%37.8%38.7%17.3%

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 compared to its fair value and its price relative to the market?

235.39x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

PE vs Industry: TNA is poor value based on its PE Ratio (235.4x) compared to the CA Hospitality industry average (16.1x).

PE vs Market: TNA is poor value based on its PE Ratio (235.4x) compared to the Canadian market (15.7x).


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's PB Ratio (1x) is in line with the CA Hospitality industry average.


Next Steps

Future Growth

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

62.4%

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.


Next Steps

Past Performance

How has Evergreen Gaming performed over the past 5 years?

4.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: TNA has high quality earnings.

Growing Profit Margin: TNA's current net profit margins (0.4%) are lower than last year (14.8%).


Past Earnings Growth Analysis

Earnings Trend: TNA's earnings have grown by 4.3% per year over the past 5 years.

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

Earnings vs Industry: TNA had negative earnings growth (-98.2%) over the past year, making it difficult to compare to the Hospitality industry average (-6.7%).


Return on Equity

High ROE: TNA's Return on Equity (0.4%) is considered low.


Next Steps

Financial Health

How is Evergreen Gaming's financial position?


Financial Position Analysis

Short Term Liabilities: TNA's short term assets ($16.7M) exceed its short term liabilities ($4.5M).

Long Term Liabilities: TNA's short term assets ($16.7M) exceed its long term liabilities ($5.8M).


Debt to Equity History and Analysis

Debt Level: TNA's debt to equity ratio (20.1%) is considered satisfactory.

Reducing Debt: TNA's debt to equity ratio has reduced from 94.3% to 20.1% over the past 5 years.

Debt Coverage: TNA's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: TNA's interest payments on its debt are not well covered by EBIT (1.5x coverage).


Balance Sheet


Next Steps

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?

9.7yrs

Average board tenure


CEO

Tom Marvin

no data

Tenure

US$20,000

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 ...


Board Members

NamePositionTenureCompensationOwnership
Thomas Marvin
Interim CEO & Chairmanno dataUS$20.00k9.09%
$ 2.9m
Laurence Smith
Interim CFO & Director9.67yrsUS$20.00kno data
Leonard Libin
VP, Secretary & Director13.92yrsUS$45.80k22.29%
$ 7.2m
Larry Hoff
Independent Director9.83yrsUS$21.00kno data
Steven Michels
Director8.75yrsUS$205.00k23.28%
$ 7.5m

9.7yrs

Average Tenure

Experienced Board: TNA's board of directors are considered experienced (9.7 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 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$32.190m
  • 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 Analysis2020/09/25 06:13
End of Day Share Price2020/09/24 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.