Great Canadian Gaming Corporation operates as a gaming and entertainment company in Canada.
Proven track record with mediocre balance sheet.
Share Price & News
How has Great Canadian Gaming's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: K3W has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: K3W underperformed the German Hospitality industry which returned -34.4% over the past year.
Return vs Market: K3W underperformed the German Market which returned 4.5% over the past year.
Price Volatility Vs. Market
How volatile is Great Canadian Gaming's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Great Canadian Gaming undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate K3W's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate K3W's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: K3W is good value based on its PE Ratio (9.6x) compared to the DE Hospitality industry average (20.2x).
PE vs Market: K3W is good value based on its PE Ratio (9.6x) compared to the German market (21.2x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate K3W's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: K3W is overvalued based on its PB Ratio (2.8x) compared to the DE Hospitality industry average (2x).
How is Great Canadian Gaming forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if K3W's forecast earnings growth is above the savings rate (0.2%).
Earnings vs Market: Insufficient data to determine if K3W's earnings are forecast to grow faster than the German market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: K3W's revenue (16% per year) is forecast to grow faster than the German market (5.9% per year).
High Growth Revenue: K3W's revenue (16% 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 K3W's Return on Equity is forecast to be high in 3 years time
How has Great Canadian Gaming performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: K3W has high quality earnings.
Growing Profit Margin: K3W's current net profit margins (12.3%) are higher than last year (11.8%).
Past Earnings Growth Analysis
Earnings Trend: K3W's earnings have grown significantly by 20.1% per year over the past 5 years.
Accelerating Growth: K3W's earnings growth over the past year (9.3%) is below its 5-year average (20.1% per year).
Earnings vs Industry: K3W earnings growth over the past year (9.3%) exceeded the Hospitality industry -15.6%.
Return on Equity
High ROE: Whilst K3W's Return on Equity (34.25%) is high, this metric is skewed due to their high level of debt.
How is Great Canadian Gaming's financial position?
Financial Position Analysis
Short Term Liabilities: K3W's short term assets (CA$991.7M) exceed its short term liabilities (CA$279.5M).
Long Term Liabilities: K3W's short term assets (CA$991.7M) do not cover its long term liabilities (CA$2.5B).
Debt to Equity History and Analysis
Debt Level: K3W's debt to equity ratio (218.9%) is considered high.
Reducing Debt: K3W's debt to equity ratio has increased from 104.1% to 218.9% over the past 5 years.
Debt Coverage: K3W's debt is well covered by operating cash flow (29.1%).
Interest Coverage: K3W's interest payments on its debt are well covered by EBIT (4.8x coverage).
What is Great Canadian Gaming current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate K3W's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate K3W's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if K3W's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if K3W's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of K3W's dividend in 3 years as they are not forecast to pay a notable one for the German market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Rod Baker (54yo)
Mr. Rodney N. Baker, also known as Rod, has been the Chief Executive Officer of Great Canadian Gaming Corporation since October 11, 2011 and has been as its President from January 1, 2010 and also served a ...
CEO Compensation Analysis
Compensation vs Market: Rod's total compensation ($USD7.82M) is above average for companies of similar size in the German market ($USD1.30M).
Compensation vs Earnings: Rod's compensation has increased by more than 20% in the past year.
|Vice President of Finance||2.5yrs||CA$418.55k||0.0059% CA$57.8k|
|Chief Operating Officer||0.58yr||CA$1.97m||no data|
|President of Strategic Growth & Chief Compliance Officer||1.33yrs||CA$5.60m||0.033% CA$323.1k|
|General Counsel||1.67yrs||CA$770.74k||0.0045% CA$44.4k|
|Vice President of Technology & Enterprise Risk Management||3.67yrs||no data||0.00090% CA$8.8k|
|Executive Vice-President of Player & Gaming Development||5.33yrs||CA$533.54k||no data|
|Executive Vice President of Operations – GTA||1.58yrs||no data||no data|
|Vice President of Great Canadian Casinos Inc||no data||CA$77.75k||no data|
|Financial Controller of River Rock Casino Resort||no data||no data||0.015% CA$146.2k|
|Executive Director of Racing Operations||no data||no data||no data|
|Executive Director of Stakeholder Relations - Ontario||3.83yrs||no data||no data|
Experienced Management: K3W's management team is considered experienced (2.5 years average tenure).
|Member of the Advisory Board||no data||CA$13.30k||no data|
|Independent Chairman||5.08yrs||CA$262.50k||no data|
|Member of the Advisory Board||no data||no data||no data|
|Independent Director||7.08yrs||CA$187.50k||0.010% CA$99.1k|
|Independent Director||12.08yrs||CA$187.50k||no data|
|Independent Director||14.08yrs||CA$187.50k||0.0018% CA$17.8k|
|Independent Director||5.58yrs||CA$187.50k||0.011% CA$106.6k|
Experienced Board: K3W's board of directors are considered experienced (8.6 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: K3W insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Great Canadian Gaming Corporation's company bio, employee growth, exchange listings and data sources
- Name: Great Canadian Gaming Corporation
- Ticker: K3W
- Exchange: DB
- Founded: 1982
- Industry: Casinos and Gaming
- Sector: Consumer Services
- Market Cap: CA$1.526b
- Listing Market Cap: CA$983.186m
- Shares outstanding: 55.33m
- Website: https://www.gcgaming.com
Number of Employees
- Great Canadian Gaming Corporation
- 39 Wynford Drive
- North York
- M3C 3K5
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|GC||TSX (The Toronto Stock Exchange)||Yes||Common Shares||CA||CAD||Jun 1998|
|GCGM.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Jun 1998|
|K3W||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Jun 1998|
Great Canadian Gaming Corporation operates as a gaming and entertainment company in Canada. As of March 3, 2020, it operated 25 gaming, entertainment, and hospitality facilities in Ontario, British Columbia, New Brunswick, and Nova Scotia. Its facilities include approximately 16,000 slot machines, 575 table games, 71 dining amenities, and 500 hotel rooms. The company was founded in 1982 and is based in North York, Canada.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/07/14 21:45|
|End of Day Share Price||2020/07/14 00:00|
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.