NasdaqCM:FLL

Stock Analysis Report

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Executive Summary

Full House Resorts, Inc. owns, develops, operates, manages, leases, and invests in casinos, and related hospitality and entertainment facilities in the United States. More Details


Snowflake Analysis

Reasonable growth potential with mediocre balance sheet.

Share Price & News

How has Full House Resorts's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

-2.5%

FLL

-6.3%

US Hospitality

-3.1%

US Market


1 Year Return

-10.7%

FLL

-20.3%

US Hospitality

12.7%

US Market

Return vs Industry: FLL exceeded the US Hospitality industry which returned -20.3% over the past year.

Return vs Market: FLL underperformed the US Market which returned 12.7% over the past year.


Shareholder returns

FLLIndustryMarket
7 Day-2.5%-6.3%-3.1%
30 Day0.5%1.1%-2.9%
90 Day31.5%12.7%8.2%
1 Year-10.7%-10.7%-18.9%-20.3%15.3%12.7%
3 Year-33.3%-33.3%-12.7%-18.3%37.8%28.5%
5 Year31.5%31.5%22.5%10.1%90.9%69.4%

Price Volatility Vs. Market

How volatile is Full House Resorts's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Full House Resorts undervalued compared to its fair value and its price relative to the market?

1.15x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate FLL's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate FLL's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: FLL is unprofitable, so we can't compare its PE Ratio to the US Hospitality industry average.

PE vs Market: FLL is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: FLL is good value based on its PB Ratio (1.2x) compared to the US Hospitality industry average (2.2x).


Next Steps

Future Growth

How is Full House Resorts forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

106.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: FLL is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.2%).

Earnings vs Market: FLL is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: FLL's is expected to become profitable in the next 3 years.

Revenue vs Market: FLL's revenue (15.8% per year) is forecast to grow faster than the US market (9.9% per year).

High Growth Revenue: FLL's revenue (15.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: FLL's Return on Equity is forecast to be low in 3 years time (7.1%).


Next Steps

Past Performance

How has Full House Resorts performed over the past 5 years?

-4.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: FLL is currently unprofitable.

Growing Profit Margin: FLL is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: FLL is unprofitable, and losses have increased over the past 5 years at a rate of 4.6% per year.

Accelerating Growth: Unable to compare FLL's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: FLL is unprofitable, making it difficult to compare its past year earnings growth to the Hospitality industry (-46.9%).


Return on Equity

High ROE: FLL has a negative Return on Equity (-31.53%), as it is currently unprofitable.


Next Steps

Financial Health

How is Full House Resorts's financial position?


Financial Position Analysis

Short Term Liabilities: FLL's short term assets ($33.4M) exceed its short term liabilities ($26.1M).

Long Term Liabilities: FLL's short term assets ($33.4M) do not cover its long term liabilities ($132.1M).


Debt to Equity History and Analysis

Debt Level: FLL's debt to equity ratio (241.3%) is considered high.

Reducing Debt: FLL's debt to equity ratio has increased from 123% to 241.3% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: FLL has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: FLL has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 4.6% each year


Next Steps

Dividend

What is Full House Resorts's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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


Next Steps

Management

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

5.8yrs

Average management tenure


CEO

Dan Lee (63 yo)

5.83yrs

Tenure

US$632,525

Compensation

Mr. Daniel R. Lee, also known as Dan, serves as a Director at Gabelli & Company Investment Advisers, Inc. Mr. Lee has been a Director of Associated Capital Group Inc. since November 30, 2015. He serves as ...


CEO Compensation Analysis

Compensation vs Market: Dan's total compensation ($USD632.53K) is about average for companies of similar size in the US market ($USD601.89K).

Compensation vs Earnings: Dan's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
Daniel Lee
President5.83yrsUS$632.53k4.84%
$ 2.5m
Lewis Fanger
Senior VP1.25yrsUS$408.33k0.28%
$ 144.0k
Elaine Guidroz
VP of Human Resources7.83yrsUS$277.17k0.059%
$ 30.8k
William Schmitt
Investor Relations Contactno datano datano data
Alex Stolyar
Chief Development Officer & Senior VP5.33yrsno datano data

5.8yrs

Average Tenure

42.5yo

Average Age

Experienced Management: FLL's management team is seasoned and experienced (5.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Daniel Lee
President5.83yrsUS$632.53k4.84%
$ 2.5m
Lewis Fanger
Senior VP1.25yrsUS$408.33k0.28%
$ 144.0k
Michael Shaunnessy
Independent Director0.17yrUS$149.52k0.048%
$ 25.0k
Carl Braunlich
Independent Vice Chairman & Lead Independent Director11.33yrsUS$46.98k0.15%
$ 77.4k
Eric Green
Independent Director0.17yrno data0.32%
$ 169.0k
Kenneth Adams
Independent Director13.67yrsUS$46.98k0.37%
$ 190.8k
Bradley Tirpak
Independent Non-Executive Chairman5.83yrsUS$46.98k1.46%
$ 757.5k
Kathleen Marshall
Independent Director13.67yrsUS$46.98k0.060%
$ 31.3k

5.8yrs

Average Tenure

64yo

Average Age

Experienced Board: FLL's board of directors are considered experienced (5.8 years average tenure).


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

Full House Resorts, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Full House Resorts, Inc.
  • Ticker: FLL
  • Exchange: NasdaqCM
  • Founded: 1987
  • Industry: Casinos and Gaming
  • Sector: Consumer Services
  • Market Cap: US$52.043m
  • Shares outstanding: 27.11m
  • Website: https://www.fullhouseresorts.com

Number of Employees


Location

  • Full House Resorts, Inc.
  • One Summerlin
  • Suite 680
  • Las Vegas
  • Nevada
  • 89135
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
FLLNasdaqCM (Nasdaq Capital Market)YesCommon StockUSUSDAug 1993

Biography

Full House Resorts, Inc. owns, develops, operates, manages, leases, and invests in casinos, and related hospitality and entertainment facilities in the United States. The company owns and operates the Silv ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/09/23 05:46
End of Day Share Price2020/09/22 00:00
Earnings2020/06/30
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.