NasdaqGM:CPHC

Stock Analysis Report

Executive Summary

Canterbury Park Holding Corporation hosts pari-mutuel wagering on horse races and unbanked card games at its Canterbury park racetrack and card casino facility in Shakopee, Minnesota.

Snowflake

Fundamentals

Proven track record with adequate balance sheet.

Share Price & News

How has Canterbury Park Holding's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-0.6%

CPHC

3.4%

US Hospitality

3.4%

US Market


1 Year Return

-17.8%

CPHC

1.1%

US Hospitality

5.4%

US Market

Return vs Industry: CPHC underperformed the US Hospitality industry which returned 1.1% over the past year.

Return vs Market: CPHC underperformed the US Market which returned 5.4% over the past year.


Shareholder returns

CPHCIndustryMarket
7 Day-0.6%3.4%3.4%
30 Day-0.8%-5.3%-1.0%
90 Day-4.0%-4.9%-0.4%
1 Year-16.1%-17.8%3.6%1.1%7.7%5.4%
3 Year23.6%16.6%42.8%33.5%46.2%36.8%
5 Year40.9%26.2%40.7%25.0%65.6%47.5%

Price Volatility Vs. Market

How volatile is Canterbury Park Holding's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Canterbury Park Holding undervalued compared to its fair value and its price relative to the market?

11.08x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Undervalued: CPHC ($12.24) is trading above our estimate of fair value ($3.74)

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


Price To Earnings Ratio

PE vs Industry: CPHC is good value based on its PE Ratio (11.1x) compared to the Hospitality industry average (22.9x).

PE vs Market: CPHC is good value based on its PE Ratio (11.1x) compared to the US market (17.7x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: CPHC is good value based on its PB Ratio (1.2x) compared to the US Hospitality industry average (2.1x).


Next Steps

Future Growth

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

12.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CPHC's forecast earnings growth (12.1% per year) is above the savings rate (2.7%).

Earnings vs Market: CPHC's earnings (12.1% per year) are forecast to grow slower than the US market (14.3% per year).

High Growth Earnings: CPHC's earnings are forecast to grow, but not significantly.

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

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


Earnings per Share Growth Forecasts


Future Return on Equity

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


Next Steps

Past Performance

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

19.3%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: CPHC's earnings have grown by 19.3% per year over the past 5 years.

Accelerating Growth: CPHC's earnings growth over the past year (9.6%) is below its 5-year average (19.3% per year).

Earnings vs Industry: CPHC earnings growth over the past year (9.6%) exceeded the Hospitality industry -13.9%.


Return on Equity

High ROE: CPHC's Return on Equity (10.5%) is considered low.


Return on Assets

ROA vs Industry: CPHC has a higher Return on Assets than the Hospitality industry average last year.


Return on Capital Employed

ROCE Improving: CPHC has significantly improved its Return on Capital Employed over the past 3 years.


Next Steps

Financial Health

How is Canterbury Park Holding's financial position?


Financial Position Analysis

Short Term Liabilities: CPHC's short term assets ($14.8M) do not cover its short term liabilities ($19.3M)

Long Term Liabilities: CPHC's short term assets (14.8M) exceeds its long term liabilities (5.2M)


Debt to Equity History and Analysis

Debt Level: CPHC's debt to equity ratio (2.3%) is considered satisfactory

Reducing Debt: Insufficient data to determine if CPHC's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: CPHC's debt is well covered by operating cash flow (432.3%).

Interest Coverage: CPHC earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet

Inventory Level: CPHC has a high level of physical assets or inventory.

Debt Coverage by Assets: CPHC's debt is covered by short term assets (assets are 13.533130x debt).


Next Steps

Dividend

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

2.29%

Current Dividend Yield


Dividend Yield vs Market

company2.3%marketbottom25%1.5%markettop25%3.8%industryaverage2.9%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: CPHC's dividend (2.29%) is higher than the bottom 25% of dividend payers in the US market (1.46%).

High Dividend: CPHC's dividend (2.29%) is low compared to the top 25% of dividend payers in the US market (3.77%).

Stable Dividend: CPHC's dividend payments have been volatile in the past 10 years.

Growing Dividend: CPHC's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (25.3%), CPHC's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

What is the CEO of Canterbury Park Holding's salary, the management and board of directors tenure and is there insider trading?

7.9yrs

Average management tenure


CEO

Randy Sampson (61yo)

25.6yrs

Tenure

US$349,298

Compensation

Mr. Randall D. Sampson, also known as Randy, Co-founded Canterbury Park Holding Corporation in 1994 and has been its President and Chief Executive Officer since March 1994 and Executive Chairman of the Boa ...


CEO Compensation Analysis

Compensation vs. Market: Randy's total compensation ($USD349.30K) is about average for companies of similar size in the US market ($USD493.02K).

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


Management Age and Tenure

7.9yrs

Average Tenure

57yo

Average Age

Experienced Management: CPHC's management team is seasoned and experienced (7.9 years average tenure).


Insider Trading

Insider Buying: CPHC insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

BuyUS$3,00511 Sep 19
Randy Dehmer
EntityIndividual
Role
Chief Financial Officer
Chief Financial Officer
Shares250
Max PriceUS$12.02
BuyUS$6,10002 Jul 19
Randy Dehmer
EntityIndividual
Role
Chief Financial Officer
Chief Financial Officer
Shares500
Max PriceUS$12.20
BuyUS$15,51627 Jun 19
Dale Schenian
EntityIndividual
Role
Vice Chairman Emeritus
Co-Founder & Vice Chairman Emeritus
Shares1,200
Max PriceUS$12.93
BuyUS$5,11627 Jun 19
Dale Schenian
EntityIndividual
Role
Vice Chairman Emeritus
Co-Founder & Vice Chairman Emeritus
Shares400
Max PriceUS$12.79
BuyUS$44,06424 Jun 19
Dale Schenian
EntityIndividual
Role
Vice Chairman Emeritus
Co-Founder & Vice Chairman Emeritus
Shares3,400
Max PriceUS$12.96
SellUS$9,70116 Apr 19
Burton Dahlberg
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares669
Max PriceUS$14.50
SellUS$17,62116 Apr 19
Burton Dahlberg
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares1,237
Max PriceUS$14.50
SellUS$5,65127 Mar 19
GAMCO Investors, Inc.
EntityCompany
Shares64,400
Max PriceUS$14.13
BuyUS$8,70027 Mar 19
GAMCO Investors, Inc.
EntityCompany
Shares600
Max PriceUS$14.50
SellUS$3,09027 Mar 19
Gabelli & Company Investment Advisers, Inc.
EntityCompany
Shares200
Max PriceUS$15.45
BuyUS$9,05411 Feb 19
Robert Wolf
EntityIndividual
Shares739
Max PriceUS$12.72
BuyUS$6,32511 Feb 19
Robert Wolf
EntityIndividual
Shares425
Max PriceUS$15.25
SellUS$29,92113 Dec 18
GAMCO Investors, Inc.
EntityCompany
Shares2,000
Max PriceUS$15.13
BuyUS$1,49513 Dec 18
GAMCO Investors, Inc.
EntityCompany
Shares100
Max PriceUS$14.95

Ownership Breakdown


Management Team

  • Curt Sampson (84yo)

    Co-Founder & Chairman Emeritus

    • Tenure: 0yrs
    • Compensation: US$85.00k
  • Randy Sampson (61yo)

    Co-Founder

    • Tenure: 25.6yrs
    • Compensation: US$349.30k
  • Michael Garin (63yo)

    Vice President of Non-Gaming Operations and Assistant Secretary

    • Tenure: 10yrs
    • Compensation: US$153.89k
  • Mark Erickson (62yo)

    Vice President of Facilities

    • Tenure: 22.4yrs
    • Compensation: US$119.83k
  • Michael Hochman (53yo)

    Vice President of Casino Card Operations

    • Tenure: 5.8yrs
    • Compensation: US$147.87k
  • Mary Fleming (53yo)

    Vice President of Human Resources

    • Tenure: 5.8yrs
  • John Groen (41yo)

    Vice President of Marketing

    • Tenure: 3.9yrs
  • Randy Dehmer (36yo)

    Chief Financial Officer

    • Tenure: 0.4yrs

Board Members

  • Curt Sampson (84yo)

    Co-Founder & Chairman Emeritus

    • Tenure: 0yrs
    • Compensation: US$85.00k
  • Randy Sampson (61yo)

    Co-Founder

    • Tenure: 25.6yrs
    • Compensation: US$349.30k
  • Carin Offerman (70yo)

    Lead Director

    • Tenure: 0yrs
    • Compensation: US$76.00k
  • Dale Schenian (77yo)

    Co-Founder & Vice Chairman Emeritus

    • Tenure: 0yrs
    • Compensation: US$91.00k
  • Burton Dahlberg (86yo)

    Independent Director

    • Tenure: 15.8yrs
    • Compensation: US$76.00k
  • Maureen Bausch

    Director

    • Tenure: 0yrs
  • John Himle

    Director

    • Tenure: 0yrs

Company Information

Canterbury Park Holding Corporation's company bio, 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
  • Market Cap: US$56.560m
  • Shares outstanding: 4.62m
  • Website: https://www.canterburypark.com

Number of Employees


Location

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

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CPHCNasdaqGM (Nasdaq Global Market)YesCommon StockUSUSDDec 1994

Biography

Canterbury Park Holding Corporation hosts pari-mutuel wagering on horse races and unbanked card games at its Canterbury park racetrack and card casino facility in Shakopee, Minnesota. The company operates  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/15 23:33
End of Day Share Price2019/10/15 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.