Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
It is not possible to calculate the future cash flow value for
Empire Resorts. This is due to cash flow or dividend data being
unavailable. The share price is
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.
The amount the stock market is willing to pay for
is considered below, and whether this is a fair price.
Price based on past earnings
Empire Resorts's earnings available for a low price, and how does
this compare to other companies in the same industry?
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 Empire Resorts 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 Simply Wall St do have past financial data. You can see them here.
Show me the analysis anyway
The future performance of a company is measured in the same way as past
performance, by looking at estimated
and how much profit it is expected to make.
Future estimates come from
professional analysts. Just like forecasting the weather, they don’t always get
Expected Hospitality industry annual growth in earnings.
Earnings growth vs Low Risk Savings
expected to grow at an
Unable to compare Empire Resorts's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare Empire Resorts's earnings growth to the Germany market average as no estimate data is available.
Unable to compare Empire Resorts's revenue growth to the Germany market average as no estimate data is available.
Unable to determine if Empire Resorts is high growth as no earnings estimate data is available.
Unable to determine if Empire Resorts is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can
be gauged below. We look back 3 years and see if they were any good at
predicting what actually occurred. We also show the highest and lowest estimates
looking forward to see if there is a wide range.
Empire Resorts's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent
earnings report. Some checks require at least 3 or 5 years worth of data.
has a total score of
0/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
Management is one of the most important areas of a company. We look at
unreasonable CEO compensation, how long the team and board of directors have
been around for and insider trading.
TENURE AS CEO
Mr. Ryan Eller has been President of Empire Resorts, Inc. since March 27, 2017 and its Chief Executive Officer since June 1, 2017 and served as its Chief Operating Officer from March 27, 2017 to June 1, 2017. Mr. Eller oversees the development of Empire's resort casino in Sullivan County, New York and its operations at the Monticello Casino and Raceway. He has extensive experience in the design, development and operation of casinos, VGM facilities such as Monticello Casino and Raceway and integrated resort projects. From June 2013 to October 2014, Mr. Eller served as Chief Financial Officer and from October 2014 to March 2017, Mr. Eller served as President of Genting NY. Prior to Empire Resorts, he served in various Executive Officer Positions with Genting New York LLC (Genting NY?) for four years from June 2013 to March 2017. During his tenure at Genting NY, he oversaw RWNYCs planning with respect to a $315 million expansion to add 1,000 video lottery terminals, a new hotel and convention complex. Mr. Eller served as Senior Vice President of Development of Genting Americas Inc. (Genting Americas?), where he oversaw the design and development of the Resorts World Las Vegas integrated resort, a $4 billion project on the Las Vegas Strip. From September 2012 to June 2013, he served as Executive Vice President and Chief Financial Officer of Choctaw Resort Development Enterprise, a wholly-owned enterprise of the Mississippi Band of Choctaw Indians, which operates three casinos including the Pearl River Resort, a fully integrated casino and resort facility. In this role, Mr. Eller was responsible for the overall financial operations of the Choctaw’s gaming and resort enterprises as well as a restructuring of the property’s operations following an extended period of distress. From September 2007 to September 2012, Mr. Eller served as Treasurer and Executive Director of Finance of PCI Gaming Authority, a business enterprise created by the Poarch Bank of Creek Indians, where he helped design, open and operate three casino and hotels representing capital investments over $600 million. From 2006 to 2007, he served as Regional Manager of Planning and Analysis at Caesars Entertainment, Inc. Mr. Eller served in the United States Marine Corps from 1997 to 2004 where he attained the rank of Major. He has been a Director of Empire Resorts, Inc. since September 18, 2017. He holds MBA with honors from Harvard Business School and a bachelors degree with distinction from the U.S. Naval Academy.
Ryan's compensation has been consistent with company performance over the past year, both up more than 20%.
Ryan's remuneration is higher than average for companies of similar size in Germany.
Management Team Tenure
Average tenure and age of the
management team in years:
The average tenure for the Empire Resorts management team is less than 2 years, this suggests a new team.
Chief Accounting Officer
COO & GM of Montreign Operating Company
Investor Relations Contact
Board of Directors Tenure
Average tenure and age of the
board of directors in years:
The tenure for the Empire Resorts board of directors is about average.
Empire Resorts, Inc. engages in hospitality and gaming businesses in New York. The company owns and operates Monticello Casino and Raceway, a video gaming machine (VGM) and harness horseracing facility in Monticello that operates 1,110 VGMs, including 1,090 video lottery terminals and 20 electronic table game positions; Resorts World Catskills, a casino resort located in Sullivan County, New York; The Alder, a 101-room modern lifestyle hotel; and Amenities, a Casino with 332 guest rooms and suites. It is also involved in conducting pari-mutuel wagering on the running of live harness horse races; the import simulcasting of harness and thoroughbred horse races from racetracks across the United States and internationally; and the export simulcasting of its races to offsite pari-mutuel wagering facilities, as well as in the development of golf course. The company has a strategic alliance with bet365 Group Limited to offer an online sportsbook, online casino/table games, and online poker in New York State. The company was founded in 1993 and is based in Monticello, New York.
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