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FLL

Full House ResortsNasdaqCM:FLL Stock Report

Market Cap

US$299.8m

7D

-7.3%

1Y

146.6%

Updated

02 Dec, 2021

Data

Company Financials +
FLL fundamental analysis
Snowflake Score
Valuation4/6
Future Growth5/6
Past Performance2/6
Financial Health1/6
Dividends0/6

FLL Stock Overview

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

Price History & Performance

Summary of all time highs, changes and price drops for Full House Resorts
Historical stock prices
Current Share PriceUS$9.20
52 Week HighUS$12.18
52 Week LowUS$3.41
Beta1.83
1 Month Change-8.73%
3 Month Change10.44%
1 Year Change146.65%
3 Year Change320.09%
5 Year Change381.68%
Change since IPO206.67%

Recent News & Updates

Dec 02
When Should You Buy Full House Resorts, Inc. (NASDAQ:FLL)?

When Should You Buy Full House Resorts, Inc. (NASDAQ:FLL)?

Full House Resorts, Inc. ( NASDAQ:FLL ), might not be a large cap stock, but it saw a decent share price growth in the...

Shareholder Returns

FLLUS HospitalityUS Market
7D-7.3%-6.7%-3.5%
1Y146.6%-0.8%19.4%

Return vs Industry: FLL exceeded the US Hospitality industry which returned -3.1% over the past year.

Return vs Market: FLL exceeded the US Market which returned 17.8% over the past year.

Price Volatility

Is FLL's price volatile compared to industry and market?
FLL volatility
FLL Average Weekly Movement7.5%
Hospitality Industry Average Movement6.8%
Market Average Movement6.1%
10% most volatile stocks in US Market14.9%
10% least volatile stocks in US Market2.4%

Stable Share Price: FLL is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: FLL's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19871,038Dan Leehttps://www.fullhouseresorts.com

Full House Resorts, Inc. owns, develops, invests in, operates, manages, and leases casinos, and related hospitality and entertainment facilities in the United States. The company owns and operates the Silver Slipper Casino and Hotel in Hancock County, Mississippi, which has 750 slot machines and 24 table games, a surface parking lot, approximately 800-space parking garage, and a 129-guest-room hotel; an on-site sportsbook, a fine-dining restaurant, a buffet, and a quick-service restaurant, as well as oyster, casino, and beachfront bars; and 37-space beachfront RV park. It also owns and operates the Bronco Billy's Casino and Hotel in Cripple Creek, Colorado that has gaming space, 36 hotel rooms, and various acres of surface parking, as well as a steakhouse and four casual dining outlets.

Full House Resorts Fundamentals Summary


Earnings & Revenue

Key profitability statistics from the latest earnings report
FLL income statement (TTM)
RevenueUS$175.16m
Cost of RevenueUS$71.83m
Gross ProfitUS$103.33m
ExpensesUS$93.17m
EarningsUS$10.16m

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.30
Gross Margin58.99%
Net Profit Margin5.80%
Debt/Equity Ratio285.9%

How did FLL perform over the long term?

See historical performance and comparison

Valuation

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

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: FLL ($9.2) is trading below our estimate of fair value ($51.28)

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


Price To Earnings Ratio

PE vs Industry: FLL is poor value based on its PE Ratio (31x) compared to the US Hospitality industry average (22.2x).

PE vs Market: FLL is poor value based on its PE Ratio (31x) compared to the US market (16.6x).


Price to Earnings Growth Ratio

PEG Ratio: FLL is good value based on its PEG Ratio (0.7x)


Price to Book Ratio

PB vs Industry: FLL is good value based on its PB Ratio (2.9x) compared to the US Hospitality industry average (3x).


Future Growth

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

42.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: FLL's forecast earnings growth (42.6% per year) is above the savings rate (2%).

Earnings vs Market: FLL's earnings (42.6% per year) are forecast to grow faster than the US market (14.3% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: FLL's revenue (28.2% per year) is forecast to grow faster than the US market (10.1% per year).

High Growth Revenue: FLL's revenue (28.2% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

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


Past Performance

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

30.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: FLL has a large one-off loss of $7.0M impacting its September 30 2021 financial results.

Growing Profit Margin: FLL became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: FLL has become profitable over the past 5 years, growing earnings by 30% per year.

Accelerating Growth: FLL has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: FLL has become profitable in the last year, making it difficult to compare its past year earnings growth to the Hospitality industry (79.7%).


Return on Equity

High ROE: FLL's Return on Equity (9.5%) is considered low.


Financial Health

How is Full House Resorts's financial position?


Financial Position Analysis

Short Term Liabilities: FLL's short term assets ($286.2M) exceed its short term liabilities ($34.1M).

Long Term Liabilities: FLL's short term assets ($286.2M) do not cover its long term liabilities ($328.6M).


Debt to Equity History and Analysis

Debt Level: FLL's net debt to equity ratio (194.7%) is considered high.

Reducing Debt: FLL's debt to equity ratio has increased from 177.4% to 285.9% over the past 5 years.

Debt Coverage: FLL's debt is not well covered by operating cash flow (8.3%).

Interest Coverage: FLL's interest payments on its debt are not well covered by EBIT (2x coverage).


Balance Sheet


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?

7.0yrs

Average management tenure


CEO

Dan Lee (64 yo)

7.08yrs

Tenure

US$731,242

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 ($USD731.24K) is below average for companies of similar size in the US market ($USD1.13M).

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


Leadership Team

Experienced Management: FLL's management team is seasoned and experienced (7 years average tenure).


Board Members

Experienced Board: FLL's board of directors are not considered experienced ( 2.5 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 been diluted in the past year, with total shares outstanding growing by 26.3%.


Top Shareholders

Company Information

Full House Resorts, Inc.'s 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$299.833m
  • Shares outstanding: 34.23m
  • Website: https://www.fullhouseresorts.com

Number of Employees


Location

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

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/12/02 23:34
End of Day Share Price2021/12/02 00:00
Earnings2021/09/30
Annual Earnings2020/12/31


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.