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CPHC

Canterbury Park Holding NasdaqGM:CPHC Stock Report

Last Price

US$21.60

Market Cap

US$104.5m

7D

-1.8%

1Y

35.7%

Updated

09 Aug, 2022

Data

Company Financials
CPHC fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance5/6
Financial Health6/6
Dividends2/6

CPHC Stock Overview

Canterbury Park Holding Corporation, through its subsidiaries, engages in horse racing, card casino, food and beverage, and real estate development businesses.

Rewards

Trading at 93.7% below our estimate of its fair value

Earnings grew by 858.6% over the past year

Risk Analysis

No risks detected for CPHC from our risk checks.

Canterbury Park Holding Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Canterbury Park Holding
Historical stock prices
Current Share PriceUS$21.60
52 Week HighUS$32.92
52 Week LowUS$15.14
Beta-0.083
1 Month Change-19.12%
3 Month Change-27.71%
1 Year Change35.68%
3 Year Change79.40%
5 Year Change89.47%
Change since IPO785.97%

Recent News & Updates

Jul 23
We Ran A Stock Scan For Earnings Growth And Canterbury Park Holding (NASDAQ:CPHC) Passed With Ease

We Ran A Stock Scan For Earnings Growth And Canterbury Park Holding (NASDAQ:CPHC) Passed With Ease

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...

Shareholder Returns

CPHCUS HospitalityUS Market
7D-1.8%1.3%0.3%
1Y35.7%-20.3%-13.5%

Return vs Industry: CPHC exceeded the US Hospitality industry which returned -19% over the past year.

Return vs Market: CPHC exceeded the US Market which returned -13% over the past year.

Price Volatility

Is CPHC's price volatile compared to industry and market?
CPHC volatility
CPHC Average Weekly Movement10.3%
Hospitality Industry Average Movement8.9%
Market Average Movement7.9%
10% most volatile stocks in US Market17.2%
10% least volatile stocks in US Market3.2%

Stable Share Price: CPHC is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 10% a week.

Volatility Over Time: CPHC's weekly volatility (10%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1994503Randy Sampsonhttps://www.canterburypark.com

Canterbury Park Holding Corporation, through its subsidiaries, engages in horse racing, card casino, food and beverage, and real estate development businesses. The company’s Horse Racing segment operates year-round simulcasting of horse races, as well as wagering on live thoroughbred and quarter horse races on a seasonal basis. Its Card Casino segment offers unbanked card games, such as poker and table games.

Canterbury Park Holding Fundamentals Summary

How do Canterbury Park Holding's earnings and revenue compare to its market cap?
CPHC fundamental statistics
Market CapUS$104.53m
Earnings (TTM)US$13.02m
Revenue (TTM)US$64.30m

8.0x

P/E Ratio

1.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CPHC income statement (TTM)
RevenueUS$64.30m
Cost of RevenueUS$31.71m
Gross ProfitUS$32.59m
Other ExpensesUS$19.57m
EarningsUS$13.02m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)2.69
Gross Margin50.69%
Net Profit Margin20.25%
Debt/Equity Ratio0%

How did CPHC perform over the long term?

See historical performance and comparison

Dividends

1.3%

Current Dividend Yield

5%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is CPHC undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for CPHC?

Other financial metrics that can be useful for relative valuation.

CPHC key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue1.4x
Enterprise Value/EBITDA4.3x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does CPHC's PE Ratio compare to its peers?

CPHC PE Ratio vs Peers
The above table shows the PE ratio for CPHC vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average26.9x
GLXZ Galaxy Gaming
45.6xn/aUS$91.6m
FLL Full House Resorts
44.7x51.1%US$242.4m
CNTY Century Casinos
9.9x12.6%US$240.3m
TBTC Table Trac
7.4xn/aUS$17.5m
CPHC Canterbury Park Holding
8xn/aUS$104.5m

Price-To-Earnings vs Peers: CPHC is good value based on its Price-To-Earnings Ratio (8x) compared to the peer average (26.9x).


Price to Earnings Ratio vs Industry

How does CPHC's PE Ratio compare vs other companies in the US Hospitality Industry?

Price-To-Earnings vs Industry: CPHC is good value based on its Price-To-Earnings Ratio (8x) compared to the US Hospitality industry average (18.8x)


Price to Earnings Ratio vs Fair Ratio

What is CPHC's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

CPHC PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio8x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate CPHC's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of CPHC when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: CPHC ($21.6) is trading below our estimate of fair value ($344.53)

Significantly Below Fair Value: CPHC is trading below fair value by more than 20%.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


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Future Growth

How is Canterbury Park Holding forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


30.2%

Forecasted Consumer Services industry annual growth in earnings

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 Canterbury Park Holding 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 SimplyWall St do have past financial data.


Discover growth companies

  • Examine whether Canterbury Park Holding is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.

Past Performance

How has Canterbury Park Holding performed over the past 5 years?

Past Performance Score

5/6

Past Performance Score 5/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


13.5%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: CPHC has high quality earnings.

Growing Profit Margin: CPHC's current net profit margins (20.3%) are higher than last year (4.3%).


Past Earnings Growth Analysis

Earnings Trend: CPHC's earnings have grown by 13.5% per year over the past 5 years.

Accelerating Growth: CPHC's earnings growth over the past year (858.6%) exceeds its 5-year average (13.5% per year).

Earnings vs Industry: CPHC earnings growth over the past year (858.6%) exceeded the Hospitality industry 52.6%.


Return on Equity

High ROE: CPHC's Return on Equity (19.9%) is considered low.


Discover strong past performing companies

Financial Health

How is Canterbury Park Holding's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: CPHC's short term assets ($26.2M) exceed its short term liabilities ($10.9M).

Long Term Liabilities: CPHC's short term assets ($26.2M) exceed its long term liabilities ($9.4M).


Debt to Equity History and Analysis

Debt Level: CPHC is debt free.

Reducing Debt: CPHC had no debt 5 years ago.

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

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


Balance Sheet


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Dividend

What is Canterbury Park Holding current dividend yield, its reliability and sustainability?

Dividend Score

2/6

Dividend Score 2/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


1.30%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: CPHC's dividend (1.3%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.52%).

High Dividend: CPHC's dividend (1.3%) is low compared to the top 25% of dividend payers in the US market (4.08%).


Stability and Growth of Payments

Stable Dividend: CPHC has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: CPHC's dividend payments have increased, but the company has only paid a dividend for 6 years.


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (5.2%), CPHC's dividend payments are thoroughly covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (13.1%), CPHC's dividend payments are thoroughly covered by cash flows.


Discover strong dividend paying companies

Management

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

10.7yrs

Average management tenure


CEO

Randy Sampson (64 yo)

28.42yrs

Tenure

US$534,163

Compensation

Mr. Randall D. Sampson, also known as Randy, C.P.A., is an Independent Director at Pineapple Holdings, Inc (formerly Pineapple Energy Inc.). He Co-founded Canterbury Park Holding Corporation in 1994 and ha...


CEO Compensation Analysis

Compensation vs Market: Randy's total compensation ($USD534.16K) is below average for companies of similar size in the US market ($USD763.69K).

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


Leadership Team

Experienced Management: CPHC's management team is seasoned and experienced (10.7 years average tenure).


Board Members

Experienced Board: CPHC's board of directors are not considered experienced ( 2.8 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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Canterbury Park Holding Corporation's employee growth, exchange listings and data sources


Key Information

  • Name: Canterbury Park Holding Corporation
  • Ticker: CPHC
  • Exchange: NasdaqGM
  • Founded: 1994
  • Industry: Casinos and Gaming
  • Sector: Consumer Services
  • Implied Market Cap: US$104.529m
  • Shares outstanding: 4.84m
  • Website: https://www.canterburypark.com

Number of Employees


Location

  • Canterbury Park Holding Corporation
  • 1100 Canterbury Road
  • Shakopee
  • Minnesota
  • 55379
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/09 00:00
End of Day Share Price2022/08/09 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


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.