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Enthusiast Gaming Holdings

Market Cap

CA$1.2b

Last Updated

2021/05/09 22:33 UTC

Data Sources

Company Financials +

Executive Summary

Enthusiast Gaming Holdings Inc. engages in the media, content, entertainment, and esports businesses the United States, Canada, and internationally. More Details


Snowflake Analysis

High growth potential and overvalued.


Similar Companies

Share Price & News

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


Latest Share Price and Events

Stable Share Price: EGLX is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 13% a week.

Volatility Over Time: EGLX's weekly volatility (13%) has been stable over the past year.


Market Performance


7 Day Return

-5.3%

EGLX

-8.0%

CA Interactive Media and Services

1.2%

CA Market


1 Year Return

570.3%

EGLX

229.8%

CA Interactive Media and Services

35.5%

CA Market

Return vs Industry: EGLX exceeded the Canadian Interactive Media and Services industry which returned 236.3% over the past year.

Return vs Market: EGLX exceeded the Canadian Market which returned 36.9% over the past year.


Shareholder returns

EGLXIndustryMarket
7 Day-5.3%-8.0%1.2%
30 Day12.3%-3.6%1.7%
90 Day43.1%-21.8%6.8%
1 Year570.3%570.3%233.3%229.8%39.9%35.5%
3 Yearn/a107.7%102.0%29.4%17.1%
5 Yearn/a37.1%29.2%59.0%35.2%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

14.9%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: EGLX (CA$9.92) is trading below our estimate of fair value (CA$11.66)

Significantly Below Fair Value: EGLX is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: EGLX is unprofitable, so we can't compare its PE Ratio to the XN Interactive Media and Services industry average.

PE vs Market: EGLX is unprofitable, so we can't compare its PE Ratio to the Canadian market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: EGLX is overvalued based on its PB Ratio (7.3x) compared to the CA Interactive Media and Services industry average (5.4x).


Future Growth

How is Enthusiast Gaming Holdings forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?

73.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: EGLX is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.5%).

Earnings vs Market: EGLX is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: EGLX's is expected to become profitable in the next 3 years.

Revenue vs Market: EGLX's revenue (36% per year) is forecast to grow faster than the Canadian market (6.8% per year).

High Growth Revenue: EGLX's revenue (36% 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 EGLX's Return on Equity is forecast to be high in 3 years time


Past Performance

How has Enthusiast Gaming Holdings performed over the past 5 years?

65.8%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: EGLX is currently unprofitable.

Growing Profit Margin: EGLX is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if EGLX's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: Unable to compare EGLX's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: EGLX is unprofitable, making it difficult to compare its past year earnings growth to the Interactive Media and Services industry (2.9%).


Return on Equity

High ROE: EGLX has a negative Return on Equity (-18.93%), as it is currently unprofitable.


Financial Health

How is Enthusiast Gaming Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: EGLX's short term assets (CA$27.9M) do not cover its short term liabilities (CA$35.2M).

Long Term Liabilities: EGLX's short term assets (CA$27.9M) do not cover its long term liabilities (CA$45.2M).


Debt to Equity History and Analysis

Debt Level: EGLX's debt to equity ratio (25.4%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if EGLX's debt to equity ratio has reduced over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: EGLX has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: EGLX has less than a year of cash runway if free cash flow continues to reduce at historical rates of 67.5% each year


Dividend

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


Dividend Yield vs Market

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

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

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

1.7yrs

Average management tenure


CEO

Adrian Montgomery (46 yo)

2.92yrs

Tenure

CA$491,330

Compensation

Mr. Adrian Taylor Montgomery serve as Chief Executive Officer at Enthusiast Gaming Holdings Inc. and serves as its Director since June 27, 2018. Mr. Montgomery is Chairman of MJardin Group, Inc. since Febr...


CEO Compensation Analysis

Compensation vs Market: Adrian's total compensation ($USD404.61K) is below average for companies of similar size in the Canadian market ($USD1.22M).

Compensation vs Earnings: Adrian's compensation has increased whilst the company is unprofitable.


Leadership Team

Experienced Management: EGLX's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.


Board Members

Experienced Board: EGLX's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.


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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 58.9%.


Top Shareholders

Company Information

Enthusiast Gaming Holdings Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Enthusiast Gaming Holdings Inc.
  • Ticker: EGLX
  • Exchange: TSX
  • Founded: NaN
  • Industry: Interactive Media and Services
  • Sector: Media
  • Market Cap: CA$1.152b
  • Shares outstanding: 116.16m
  • Website: https://www.enthusiastgaming.com

Location

  • Enthusiast Gaming Holdings Inc.
  • 90 Eglinton Avenue East
  • Suite 805
  • Toronto
  • Ontario
  • M4P 2Y3
  • Canada

Listings


Biography

Enthusiast Gaming Holdings Inc. engages in the media, content, entertainment, and esports businesses the United States, Canada, and internationally. The company operates an online network of approximately ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/09 22:33
End of Day Share Price2021/05/07 00:00
Earnings2020/12/31
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.