DB:G2C

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Executive Summary

Everi Holdings Inc. provides technology solutions for the casino gaming industry in the United States, Europe, Canada, the Caribbean, Central America, and Asia.


Snowflake Analysis

Proven track record with moderate growth potential.


Similar Companies

Share Price & News

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


Latest Share Price and Events

Stable Share Price: G2C's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

7.5%

G2C

23.7%

DE Hospitality

3.2%

DE Market


1 Year Return

-43.2%

G2C

-29.6%

DE Hospitality

0.01%

DE Market

Return vs Industry: G2C underperformed the German Hospitality industry which returned -29.6% over the past year.

Return vs Market: G2C underperformed the German Market which returned 0% over the past year.


Shareholder returns

G2CIndustryMarket
7 Day7.5%23.7%3.2%
30 Day19.7%15.2%4.7%
90 Day-40.9%-18.1%-0.9%
1 Year-43.2%-43.2%-27.0%-29.6%1.7%0.01%
3 Year-4.6%-4.6%-49.7%-56.4%-6.8%-14.0%
5 Year-18.5%-18.5%-47.7%-58.7%3.9%-9.5%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

27.21x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: G2C (€5.7) is trading above our estimate of fair value (€3.75)

Significantly Below Fair Value: G2C is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: G2C is poor value based on its PE Ratio (27.2x) compared to the Hospitality industry average (23.4x).

PE vs Market: G2C is poor value based on its PE Ratio (27.2x) compared to the German market (18.9x).


Price to Earnings Growth Ratio

PEG Ratio: G2C is good value based on its PEG Ratio (1x)


Price to Book Ratio

PB vs Industry: G2C is overvalued based on its PB Ratio (9.7x) compared to the DE Hospitality industry average (2x).


Next Steps

Future Growth

How is Everi Holdings forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?

27.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: G2C's forecast earnings growth (27.2% per year) is above the savings rate (0.2%).

Earnings vs Market: G2C's earnings (27.2% per year) are forecast to grow faster than the German market (21.6% per year).

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

Revenue vs Market: G2C's revenue (3.9% per year) is forecast to grow slower than the German market (5.7% per year).

High Growth Revenue: G2C's revenue (3.9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if G2C's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Everi Holdings performed over the past 5 years?

18.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: G2C has a large one-off loss of $6.5M impacting its December 31 2019 financial results.

Growing Profit Margin: G2C's current net profit margins (3.1%) are higher than last year (2.6%).


Past Earnings Growth Analysis

Earnings Trend: G2C has become profitable over the past 5 years, growing earnings by 18.6% per year.

Accelerating Growth: G2C's earnings growth over the past year (33.7%) exceeds its 5-year average (18.6% per year).

Earnings vs Industry: G2C earnings growth over the past year (33.7%) exceeded the Hospitality industry -36.8%.


Return on Equity

High ROE: Whilst G2C's Return on Equity (30.59%) is high, this metric is skewed due to their high level of debt.


Next Steps

Financial Health

How is Everi Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: G2C's short term assets ($502.5M) exceed its short term liabilities ($407.2M).

Long Term Liabilities: G2C's short term assets ($502.5M) do not cover its long term liabilities ($1.2B).


Debt to Equity History and Analysis

Debt Level: G2C's debt to equity ratio (2052.5%) is considered high.

Reducing Debt: G2C's debt to equity ratio has increased from 513.4% to 2052.5% over the past 5 years.

Debt Coverage: G2C's debt is not well covered by operating cash flow (7.7%).

Interest Coverage: G2C's interest payments on its debt are not well covered by EBIT (1.3x coverage).


Balance Sheet


Next Steps

Dividend

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


Dividend Yield vs Market

Notable Dividend: Unable to evaluate G2C's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate G2C'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 G2C's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if G2C'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 G2C's dividend in 3 years as they are not forecast to pay a notable one for the German market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.3yrs

Average management tenure


CEO

Mike Rumbolz (65yo)

4.17yrs

Tenure

US$5,158,222

Compensation

Mr. Michael David Rumbolz, also known as Mike, J.D., serves as chairman of Employers Holdings, Inc. (EHI) since June 2016. He serves as Chairman of the Board of Employers Insurance Company of Nevada, and E ...


CEO Compensation Analysis

Compensation vs Market: Mike's total compensation ($USD5.16M) is above average for companies of similar size in the German market ($USD1.07M).

Compensation vs Earnings: Mike's compensation has increased by more than 20% in the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Michael Rumbolz
CEO & Director4.17yrsUS$5.16m0.39% $1.8m
Randy Taylor
President & COO0.083yrUS$2.16m0.11% $526.5k
Edward Peters
Executive Officer0.083yrUS$1.12m0.024% $114.2k
Dean Ehrlich
Executive VP & Games Business Leader3.33yrsUS$1.25m0.020% $93.9k
Darren D. Simmons
Executive VP & FinTech Business Leader1.33yrsUS$1.18m0.024% $112.1k
Mark Labay
Executive VP0.083yrUS$675.63k0.011% $52.8k
Todd Valli
Senior VP & Chief Accounting Officer4.67yrsno data0.015% $71.9k
William Pfund
Vice President of Investor Relationsno datano datano data
Harper Ko
Executive VP2.42yrsUS$953.92k0.029% $139.6k
David Lucchese
Executive Vice President of Sales0.083yrUS$703.90k0.099% $471.4k

1.3yrs

Average Tenure

53yo

Average Age

Experienced Management: G2C's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Michael Rumbolz
CEO & Director4.17yrsUS$5.16m0.39% $1.8m
Linster Fox
Independent Director4yrsUS$249.38kno data
Ronald Congemi
Independent Director7.17yrsUS$236.88k0.019% $89.4k
Maureen Mullarkey
Independent Director2.17yrsUS$236.88k0.012% $55.9k
E. Kilburn
Independent Chairman of the Board12yrsUS$336.88k0.31% $1.5m
Geoffrey Judge
Independent Director13.67yrsUS$246.88k0.12% $584.7k
Atul Bali
Independent Director0.50yrUS$93.65kno data
Eileen Raney
Independent Director4.17yrsUS$242.50k0.093% $441.3k

5.7yrs

Average Tenure

65yo

Average Age

Experienced Board: G2C's board of directors are considered experienced (5.7 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: G2C 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 diluted in the past year, with total shares outstanding growing by 19.6%.


Top Shareholders

Company Information

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


Key Information

  • Name: Everi Holdings Inc.
  • Ticker: G2C
  • Exchange: DB
  • Founded: 1998
  • Industry: Casinos and Gaming
  • Sector: Consumer Services
  • Market Cap: US$528.197m
  • Listing Market Cap: US$475.113m
  • Shares outstanding: 85.06m
  • Website: https://www.everi.com

Number of Employees


Location

  • Everi Holdings Inc.
  • 7250 South Tenaya Way
  • Suite 100
  • Las Vegas
  • Nevada
  • 89113
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
EVRINYSE (New York Stock Exchange)YesCommon StockUSUSDSep 2005
G2CDB (Deutsche Boerse AG)YesCommon StockDEEURSep 2005

Biography

Everi Holdings Inc. provides technology solutions for the casino gaming industry in the United States, Europe, Canada, the Caribbean, Central America, and Asia. The company operates in two segments, Games and FinTech. It offers gaming products, such as classic mechanical reel games, video reel games, core HDX, Empire MPX and the Texan HDX, wide area progressive games, and slot tournament systems; and sells player terminals, licenses, back office systems, and other related equipment. The company also provides Cash access services; Casino Cash Plus 3-in-1 ATM, a cash-dispensing machine that enables ATM cash withdrawals, POS debit card cash access transactions, and credit card cash access transactions; check verification and warranty services; CashClub that provides gaming establishments with a single dashboard interface to streamline credit and debit card cash access transaction processing and check warranty transactions; fully integrated kiosks that provide multiple functions to the casino floor; and other integrated kiosk solutions. In addition, it offers Everi Compliance, a suite of compliance software to assist with anti-money laundering regulations; Central Credit, a gaming patron credit bureau service; non-ATM terminals that perform authorizations for credit card cash access and POS debit card transactions; database services; and an online payment processing solution for gaming operators in states that offer intra-state, and Internet-based gaming and lottery activities. The company was formerly known as Global Cash Access Holdings, Inc. and changed its name to Everi Holdings Inc. in August 2015. Everi Holdings Inc. was founded in 1998 and is headquartered in Las Vegas, Nevada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/05/30 12:07
End of Day Share Price2020/05/29 00:00
Earnings2019/12/31
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.