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ACEL

Accel EntertainmentNYSE:ACEL Stock Report

Market Cap

US$1.1b

7D

-3.3%

1Y

20.4%

Updated

26 Oct, 2021

Data

Company Financials +
ACEL fundamental analysis
Snowflake Score
Valuation2/6
Future Growth5/6
Past Performance2/6
Financial Health1/6
Dividends0/6

ACEL Overview

Accel Entertainment, Inc., together with its subsidiaries, operates as a distributed gaming operator in the United States.

Price History & Performance

Summary of all time highs, changes and price drops for Accel Entertainment
Historical stock prices
Current Share PriceUS$12.05
52 Week HighUS$8.82
52 Week LowUS$13.75
Beta0
1 Month Change1.86%
3 Month Change7.78%
1 Year Change20.38%
3 Year Changen/a
5 Year Changen/a
Change since IPO10.05%

Recent News & Updates

Sep 18
Is Accel Entertainment (NYSE:ACEL) Using Too Much Debt?

Is Accel Entertainment (NYSE:ACEL) Using Too Much Debt?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...

Shareholder Returns

ACELUS HospitalityUS Market
7D-3.3%-1.7%0.9%
1Y20.4%36.9%33.4%

Return vs Industry: ACEL underperformed the US Hospitality industry which returned 33.7% over the past year.

Return vs Market: ACEL underperformed the US Market which returned 33.4% over the past year.

Price Volatility

Is ACEL's price volatile compared to industry and market?
ACEL volatility
ACEL Beta0
Industry Beta1.68
Market Beta1

Stable Share Price: ACEL is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: ACEL's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/a770Andy Rubensteinhttps://www.accelentertainment.com

Accel Entertainment, Inc., together with its subsidiaries, operates as a distributed gaming operator in the United States. It is involved in the installation, maintenance, and operation of video game terminals; redemption devices that disburse winnings and contain automated teller machine (ATM) functionality; and other amusement devices in authorized non-casino locations, such as restaurants, bars, taverns, convenience stores, liquor stores, truck stops, and grocery stores. The company also provides licensed establishment partners with gaming solutions that appeal to players who patronize those businesses.

Accel Entertainment Fundamentals Summary

How do Accel Entertainment's earnings and revenue compare to its market cap?
ACEL fundamental statistics
Market CapUS$1.13b
Earnings (TTM)US$11.35m
Revenue (TTM)US$558.55m

99.6x

P/E Ratio

2.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ACEL income statement (TTM)
RevenueUS$558.55m
Cost of RevenueUS$374.51m
Gross ProfitUS$184.04m
ExpensesUS$172.69m
EarningsUS$11.35m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.12
Gross Margin32.95%
Net Profit Margin2.03%
Debt/Equity Ratio227.1%

How did ACEL perform over the long term?

See historical performance and comparison

Valuation

Is Accel Entertainment 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: ACEL ($12.05) is trading below our estimate of fair value ($29.1)

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


Price To Earnings Ratio

PE vs Industry: ACEL is poor value based on its PE Ratio (99.6x) compared to the US Hospitality industry average (26.8x).

PE vs Market: ACEL is poor value based on its PE Ratio (99.6x) compared to the US market (18.3x).


Price to Earnings Growth Ratio

PEG Ratio: ACEL is poor value based on its PEG Ratio (2x)


Price to Book Ratio

PB vs Industry: ACEL is overvalued based on its PB Ratio (7.4x) compared to the US Hospitality industry average (3.7x).


Future Growth

How is Accel Entertainment forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

50.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ACEL's forecast earnings growth (50.6% per year) is above the savings rate (2%).

Earnings vs Market: ACEL's earnings (50.6% per year) are forecast to grow faster than the US market (14.7% per year).

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

Revenue vs Market: ACEL's revenue (17.3% per year) is forecast to grow faster than the US market (9.9% per year).

High Growth Revenue: ACEL's revenue (17.3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: ACEL's Return on Equity is forecast to be very high in 3 years time (42.7%).


Past Performance

How has Accel Entertainment performed over the past 5 years?

-40.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ACEL has a large one-off loss of $14.6M impacting its June 30 2021 financial results.

Growing Profit Margin: ACEL became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: ACEL has become profitable over the past 5 years, growing earnings by -40.8% per year.

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

Earnings vs Industry: ACEL has become profitable in the last year, making it difficult to compare its past year earnings growth to the Hospitality industry (81.9%).


Return on Equity

High ROE: ACEL's Return on Equity (8.1%) is considered low.


Financial Health

How is Accel Entertainment's financial position?


Financial Position Analysis

Short Term Liabilities: ACEL's short term assets ($195.8M) exceed its short term liabilities ($58.0M).

Long Term Liabilities: ACEL's short term assets ($195.8M) do not cover its long term liabilities ($390.9M).


Debt to Equity History and Analysis

Debt Level: ACEL's debt to equity ratio (227.1%) is considered high.

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

Debt Coverage: ACEL's debt is not well covered by operating cash flow (19.6%).

Interest Coverage: ACEL's interest payments on its debt are not well covered by EBIT (2.8x coverage).


Balance Sheet


Dividend

What is Accel Entertainment current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if ACEL'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 ACEL'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?

6.3yrs

Average management tenure


CEO

Andy Rubenstein (52 yo)

no data

Tenure

US$4,600,843

Compensation

Mr. Andrew Harry Rubenstein, also known as Andy, Co-Founded Accel Entertainment, Inc. (formerly, TPG Pace Holdings Corp) and serves as its Chief Executive Officer and President. He was Chairman of Accel En...


CEO Compensation Analysis

Compensation vs Market: Andy's total compensation ($USD4.60M) is above average for companies of similar size in the US market ($USD2.25M).

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


Leadership Team

Experienced Management: ACEL's management team is seasoned and experienced (6.3 years average tenure).


Board Members

Experienced Board: ACEL'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: ACEL insiders have only sold shares 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 2.2%.


Top Shareholders

Company Information

Accel Entertainment, Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Accel Entertainment, Inc.
  • Ticker: ACEL
  • Exchange: NYSE
  • Founded: NaN
  • Industry: Casinos and Gaming
  • Sector: Consumer Services
  • Market Cap: US$1.131b
  • Shares outstanding: 93.84m
  • Website: https://www.accelentertainment.com

Number of Employees


Location

  • Accel Entertainment, Inc.
  • 140 Tower Drive
  • Burr Ridge
  • Illinois
  • 60527
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/26 22:43
End of Day Share Price2021/10/26 00:00
Earnings2021/06/30
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.