DB:6NV

Stock Analysis Report

Nevada Gold & Casinos

Executive Summary

Nevada Gold & Casinos, Inc., a gaming company, finances, develops, owns, and operates gaming properties and projects.

Snowflake

Fundamentals

Flawless balance sheet with moderate growth potential.


Similar Companies

Share Price & News

How has Nevada Gold & Casinos's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

1.3%

6NV

14.2%

DE Hospitality

3.9%

DE Market


1 Year Return

18.3%

6NV

-16.8%

DE Hospitality

3.4%

DE Market


Shareholder returns

6NVIndustryMarket
7 Day1.3%14.2%3.9%
30 Day1.2%22.3%2.1%
90 Day1.8%26.9%3.7%
1 Year18.3%18.3%-11.1%-16.8%6.7%3.4%
3 Year32.1%32.1%16.3%0.7%18.9%8.6%
5 Yearn/a36.2%9.2%41.8%22.5%

Price Volatility Vs. Market

How volatile is Nevada Gold & Casinos's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Nevada Gold & Casinos undervalued compared to its fair value and its price relative to the market?

39.76x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Undervalued: 6NV (€2.19) is trading above our estimate of fair value (€1.55)

Significantly Undervalued: 6NV is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 6NV is poor value based on its PE Ratio (39.8x) compared to the Hospitality industry average (32.3x).

PE vs Market: 6NV is poor value based on its PE Ratio (39.8x) compared to the German market (19.4x).


Price to Earnings Growth Ratio

Low PEG Ratio: Insufficient data to calculate 6NV's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 6NV is good value based on its PB Ratio (1.2x) compared to the DE Hospitality industry average (2.6x).


Next Steps

Future Growth

How is Nevada Gold & Casinos forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

34.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 6NV's forecast earnings growth (34.8% per year) is above the savings rate (0.2%).

Earnings vs Market: 6NV's earnings (34.8% per year) are forecast to grow faster than the German market (12.6% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: Insufficient data to determine if 6NV's revenue is forecast to grow faster than the German market.

High Growth Revenue: Insufficient data to determine if 6NV's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Information is not available.


Next Steps

Past Performance

How has Nevada Gold & Casinos performed over the past 5 years?

-0.9%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: 6NV's earnings have declined by -0.9% per year over the past 5 years.

Accelerating Growth: 6NV's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 6NV had negative earnings growth (-43.9%) over the past year, making it difficult to compare to the Hospitality industry average (-28.4%).


Return on Equity

High ROE: 6NV's Return on Equity (2.9%) is considered low.


Return on Assets

ROA vs Industry: 6NV's Return on Assets is below or equal to the Hospitality industry average last year.


Return on Capital Employed

ROCE Improving: 6NV's Return on Capital Employed has declined over the past 3 years.


Next Steps

Financial Health

How is Nevada Gold & Casinos's financial position?


Financial Position Analysis

Short Term Liabilities: 6NV's short term assets ($22.1M) exceeds its short term liabilities ($5.6M)

Long Term Liabilities: 6NV's short term assets (22.1M) exceeds its long term liabilities (594.3K)


Debt to Equity History and Analysis

Debt Level: 6NV is debt free.

Reducing Debt: 6NV has no debt compared to 5 years ago when its debt to equity ratio was 46.1%.

Debt Coverage: 6NV has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 6NV has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

Information is not available.

Information is not available.


Next Steps

Dividend

What is Nevada Gold & Casinos's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.5%markettop25%3.8%industryaverage6.0%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: Unable to evaluate 6NV's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 6NV's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if 6NV's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 6NV'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 6NV's dividend in 3 years as they are not forecast to pay a notable one for the German market.


Next Steps

Management

What is the CEO of Nevada Gold & Casinos's salary, the management and board of directors tenure and is there insider trading?

6.6yrs

Average management tenure


CEO

Mike Shaunnessy (64yo)

6.5yrs

Tenure

US$350,860

Compensation

Mr. Michael P. Shaunnessy has been the Chief Executive Officer and President of Nevada Gold & Casinos Inc. since December 1, 2012. Mr. Shaunnessy served as the Chief Financial Officer and Executive Vice Pr ...


CEO Compensation Analysis

Information is not available.

Compensation vs Earnings: Mike's compensation has been consistent with company performance over the past year.


Management Age and Tenure

6.6yrs

Average Tenure

59yo

Average Age

Experienced Management: 6NV's management team is seasoned and experienced (6.6 years average tenure).


Board Age and Tenure

9.6yrs

Average Tenure

64.5yo

Average Age

Experienced Board: 6NV's board of directors are considered experienced (9.6 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • Mike Shaunnessy (64yo)

    President & CEO

    • Tenure: 6.5yrs
    • Compensation: US$350.86k
  • Ernie East (75yo)

    VP, General Counsel & Compliance Officer

    • Tenure: 12.4yrs
    • Compensation: US$122.97k
  • James Meier (53yo)

    VP, Secretary & CFO

    • Tenure: 4.6yrs
    • Compensation: US$270.14k
  • Victor Mena (54yo)

    Vice President of Washington Operations

    • Tenure: 6.7yrs
    • Compensation: US$264.04k
  • Don Duffy

    Investor Relations Contact

    • Tenure: 0yrs
  • Casey Stegman

    Investor Relations Contact

    • Tenure: 0yrs

Board Members

  • Rudy Kluiber (59yo)

    Director

    • Tenure: 2.7yrs
    • Compensation: US$35.00k
  • Bill Jayroe (61yo)

    Director

    • Tenure: 23.8yrs
    • Compensation: US$36.00k
  • Francis Ricci (75yo)

    Director

    • Tenure: 15.9yrs
    • Compensation: US$51.00k
  • Shawn Kravetz (48yo)

    Director

    • Tenure: 2.7yrs
    • Compensation: US$35.00k
  • Bill Sherlock (68yo)

    Chairman of the Board

    • Tenure: 9.6yrs
    • Compensation: US$51.00k
  • Frank Catania (76yo)

    Director

    • Tenure: 9.7yrs
    • Compensation: US$38.00k

Company Information

Nevada Gold & Casinos, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Nevada Gold & Casinos, Inc.
  • Ticker: 6NV
  • Exchange: DB
  • Founded: 1977
  • Industry: Casinos and Gaming
  • Sector: Consumer Services
  • Market Cap: US$44.681m
  • Listing Market Cap: US$39.815m
  • Shares outstanding: 17.77m
  • Website: https://www.nevadagold.com

Number of Employees


Location

  • Nevada Gold & Casinos, Inc.
  • 711 Powell Avenue SW
  • Suite 100
  • Renton
  • Washington
  • 98057
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
UWNAMEX (NYSE MKT LLC)YesCommon StockUSUSDMar 1979
6NVDB (Deutsche Boerse AG)YesCommon StockDEEURMar 1979

Biography

Nevada Gold & Casinos, Inc., a gaming company, finances, develops, owns, and operates gaming properties and projects. It operates in three segments: Washington, South Dakota, and Nevada. The company owns a ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/06/14 21:36
End of Day Share Price2019/06/14 00:00
Earnings2019/01/31
Annual Earnings2018/04/30


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.