Monarch Casino & Resort
Market Cap
US$833.0m
Last Updated
2019/09/14 23:43 UTC
Data Sources
Company Financials +
Executive Summary
Monarch Casino & Resort, Inc., through its subsidiaries, owns and operates the Atlantis Casino Resort Spa, a hotel/casino facility in Reno, Nevada.
Snowflake
Fundamentals
Reasonable growth potential and fair value.
Similar Companies
Share Price & News
How has Monarch Casino & Resort's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
7.1%
NasdaqGS:MCRI
3.0%
US Hospitality
1.2%
US Market
1 Year Return
0.3%
NasdaqGS:MCRI
0.1%
US Hospitality
1.7%
US Market
MCRI matched the Hospitality industry (0.1%) over the past year.
MCRI underperformed the Market in United States of America which returned 1.7% over the past year.
Share holder returns
| MCRI | Industry | Market | |
|---|---|---|---|
| 7 Day | 7.1% | 3.0% | 1.2% |
| 30 Day | 5.1% | 7.2% | 4.9% |
| 90 Day | 10.4% | 3.3% | 3.7% |
| 1 Year | 0.3%0.3% | 2.5%0.1% | 3.9%1.7% |
| 3 Year | 101.5%101.5% | 49.0%39.1% | 47.2%37.7% |
| 5 Year | 251.2%251.2% | 41.2%26.1% | 60.0%42.4% |
Price Volatility Vs. Market
How volatile is Monarch Casino & Resort's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Interested In Monarch Casino & Resort, Inc. (NASDAQ:MCRI)? Here's What Its Recent Performance Looks Like Was Monarch Casino & Resort, Inc.'s (NASDAQ:MCRI) Earnings Growth Better Than The Industry's?2 weeks ago | Simply Wall St
Why Monarch Casino & Resort, Inc.'s (NASDAQ:MCRI) CEO Pay Matters To You3 weeks ago | Simply Wall St
Is Monarch Casino & Resort, Inc. (NASDAQ:MCRI) Potentially Undervalued?Valuation
Is Monarch Casino & Resort undervalued based on future cash flows and its price relative to the stock market?
>50%
Discount to future cash flow value
Intrinsic Value Based on Future Cash Flows
Monarch Casino & Resort's share price is below the future cash flow value, and at a moderate discount (> 20%).
Monarch Casino & Resort's share price is below the future cash flow value, and at a substantial discount (> 40%).
Price Based on Earnings
Monarch Casino & Resort is overvalued based on earnings compared to the US Hospitality industry average.
Monarch Casino & Resort is overvalued based on earnings compared to the United States of America market.
Price Based on Expected Growth
Monarch Casino & Resort is good value based on expected growth next year.
Price Based on Value of Assets
Monarch Casino & Resort is overvalued based on assets compared to the US Hospitality industry average.
Next Steps
Future Growth
How is Monarch Casino & Resort expected to perform in the next 1 to 3 years based on estimates from 4 analysts?
26.5%
Forecasted annual earnings growth
Earnings and Revenue Growth Estimates
Future Annual Growth Analysis
Monarch Casino & Resort's revenue is expected to grow by 16.9% yearly, however this is not considered high growth (20% yearly).
Monarch Casino & Resort's earnings are expected to grow significantly at over 20% yearly.
Monarch Casino & Resort's revenue growth is expected to exceed the United States of America market average.
Monarch Casino & Resort's earnings growth is expected to exceed the United States of America market average.
Monarch Casino & Resort's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Earnings per Share Growth Estimates
Future Return on Equity
Monarch Casino & Resort is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
Next Steps
Past Performance
How has Monarch Casino & Resort performed over the past 5 years?
18.4%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Monarch Casino & Resort's year on year earnings growth rate has been positive over the past 5 years.
Monarch Casino & Resort's 1-year earnings growth is less than its 5-year average (17% vs 18.4%)
Monarch Casino & Resort's earnings growth has exceeded the US Hospitality industry average in the past year (17% vs -8.7%).
Return on Equity
Monarch Casino & Resort has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
Return on Assets
Monarch Casino & Resort used its assets more efficiently than the US Hospitality industry average last year based on Return on Assets.
Return on Capital Employed
Monarch Casino & Resort's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
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Financial Health
How is Monarch Casino & Resort's financial position?
Financial Position Analysis
Monarch Casino & Resort's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
Monarch Casino & Resort's long term commitments exceed its cash and other short term assets.
Debt to Equity History and Analysis
Monarch Casino & Resort's level of debt (41.3%) compared to net worth is high (greater than 40%).
The level of debt compared to net worth has increased over the past 5 years (29% vs 41.3% today).
Debt is well covered by operating cash flow (46.7%, greater than 20% of total debt).
Interest payments on debt are well covered by earnings (EBIT is 787.1x coverage).
Balance Sheet
High level of physical assets or inventory.
Debt is not covered by short term assets, assets are 0.3x debt.
Next Steps
Dividend
What is Monarch Casino & Resort's current dividend yield, its reliability and sustainability?
Dividend Yield and Payments Analysis
Unable to evaluate Monarch Casino & Resort's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
Unable to evaluate Monarch Casino & Resort's dividend against the top 25% market benchmark as the company has not reported any payouts.
Unable to perform a dividend volatility check as Monarch Casino & Resort has not reported any payouts.
Unable to verify if Monarch Casino & Resort's dividend has been increasing as the company has not reported any payouts.
Current Payout to Shareholders
Unable to calculate sustainability of dividends as Monarch Casino & Resort has not reported any payouts.
Future Payout to Shareholders
No need to calculate the sustainability of Monarch Casino & Resort's dividends in 3 years as they are not expected to pay a notable one for United States of America.
Next Steps
Management
What is the CEO of Monarch Casino & Resort's salary, the management and board of directors tenure and is there insider trading?
3.9yrs
Average management tenure
CEO
John Farahi (71yo)
26.3yrs
Tenure
US$1,743,153
Compensation
Mr. John Farahi has been Co-Chairman of the Board and Chief Executive Officer of Monarch Casino & Resort, Inc. since its inception, and of Golden Road Motor Inn, Inc. (“Golden Road”) since June 1993. He ha ...
CEO Compensation Analysis
John's remuneration is lower than average for companies of similar size in United States of America.
John's compensation has been consistent with company performance over the past year, both up more than 20%.
Management Age and Tenure
3.9yrs
Average Tenure
66yo
Average Age
The tenure for the Monarch Casino & Resort management team is about average.
Board Age and Tenure
21.0yrs
Average Tenure
68yo
Average Age
The average tenure for the Monarch Casino & Resort board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Insider Trading
No 3 month open market individual insider trading information.
Ownership Breakdown
Management Team
John Farahi (71yo)
Co- Chairman
- Tenure: 26.3yrs
- Compensation: US$1.74m
Bob Farahi (68yo)
Co-Chairman & President
- Tenure: 26.7yrs
- Compensation: US$742.02k
Darlyne Sullivan (64yo)
Chief Product & Service Officer
- Tenure: 3.9yrs
- Compensation: US$413.48k
Rich Cooley (72yo)
Vice President of Finance and Treasurer
- Tenure: 3.5yrs
- Compensation: US$354.52k
Lou Dorn
Chief Legal Officer & General Counsel
- Tenure: 1.5yrs
David-Jacques Farahi (37yo)
Chief Operating Officer
- Tenure: 7.4yrs
- Compensation: US$1.76m
Edwin Koenig (51yo)
Chief Accounting Officer
- Tenure: 3.7yrs
- Compensation: US$244.99k
Board Members
Yvette Landau (62yo)
Director
- Tenure: 9.3yrs
- Compensation: US$123.89k
John Farahi (71yo)
Co- Chairman
- Tenure: 26.3yrs
- Compensation: US$1.74m
Bob Farahi (68yo)
Co-Chairman & President
- Tenure: 26.7yrs
- Compensation: US$742.02k
Craig Sullivan (72yo)
Director
- Tenure: 21yrs
- Compensation: US$123.89k
Paul Andrews (54yo)
Director
- Tenure: 5.3yrs
- Compensation: US$123.89k
Company Information
Monarch Casino & Resort, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Monarch Casino & Resort, Inc.
- Ticker: MCRI
- Exchange: NasdaqGS
- Founded: 1972
- Industry: Casinos and Gaming
- Sector: Consumer Services
- Market Cap: US$833.030m
- Shares outstanding: 18.05m
- Website: https://www.monarchcasino.com
Number of Employees
Location
- Monarch Casino & Resort, Inc.
- 3800 South Virginia Street
- Reno
- Nevada
- 89502
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| MCRI | NasdaqGS (Nasdaq Global Select) | Yes | Common Stock | US | USD | Aug 1993 |
| MOI | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Aug 1993 |
Biography
Monarch Casino & Resort, Inc., through its subsidiaries, owns and operates the Atlantis Casino Resort Spa, a hotel/casino facility in Reno, Nevada. It also owns and operates the Monarch Casino Black Hawk i ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/09/14 23:43 |
| End of Day Share Price | 2019/09/13 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
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.