Drive Shack
Market Cap
US$102.8m
Last Updated
2020/10/30 03:39 UTC
Data Sources
Company Financials +
Executive Summary
Drive Shack Inc. owns and operates golf-related leisure and entertainment venue business. More Details
Rewards
Risk Analysis
Snowflake Analysis
Limited growth with weak fundamentals.
Similar Companies
Share Price & News
How has Drive Shack's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: DS's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
-6.1%
DS
-8.3%
US Hospitality
-4.1%
US Market
1 Year Return
-62.2%
DS
-21.8%
US Hospitality
12.0%
US Market
Return vs Industry: DS underperformed the US Hospitality industry which returned -21.8% over the past year.
Return vs Market: DS underperformed the US Market which returned 12% over the past year.
Shareholder returns
| DS | Industry | Market | |
|---|---|---|---|
| 7 Day | -6.1% | -8.3% | -4.1% |
| 30 Day | 36.6% | -6.5% | -0.2% |
| 90 Day | -14.5% | 12.1% | 2.8% |
| 1 Year | -62.2%-62.2% | -20.5%-21.8% | 14.6%12.0% |
| 3 Year | -59.8%-59.8% | -17.4%-22.8% | 35.8%26.8% |
| 5 Year | -62.5%-67.3% | 11.7%-0.09% | 75.2%55.6% |
Price Volatility Vs. Market
How volatile is Drive Shack's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 days ago | Simply Wall St
Health Check: How Prudently Does Drive Shack (NYSE:DS) Use Debt?1 month ago | Simply Wall St
Drive Shack's (NYSE:DS) Shareholders Are Down 69% On Their Shares2 months ago | Simply Wall St
Drive Shack Inc. (NYSE:DS) Insiders Increased Their HoldingsValuation
Is Drive Shack undervalued compared to its fair value and its price relative to the market?
In this section, we usually try to help investors determine whether Drive Shack is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Drive Shack has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.
This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.
Next Steps
- Take a look at our analysis of DS's management and see if the CEO's compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don't know where to start, we recommend reading through Drive Shack regulatory filings.
- Explore potentially undervalued companies in the Consumer Services industry.
Future Growth
How is Drive Shack forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
49.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: DS is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: DS is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: DS is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: DS's revenue (23.3% per year) is forecast to grow faster than the US market (10% per year).
High Growth Revenue: DS's revenue (23.3% 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 DS's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has Drive Shack performed over the past 5 years?
-55.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: DS is currently unprofitable.
Growing Profit Margin: DS is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: DS is unprofitable, and losses have increased over the past 5 years at a rate of 55.6% per year.
Accelerating Growth: Unable to compare DS's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: DS is unprofitable, making it difficult to compare its past year earnings growth to the Hospitality industry (-50.9%).
Return on Equity
High ROE: DS has a negative Return on Equity (-971.19%), as it is currently unprofitable.
Next Steps
Financial Health
How is Drive Shack's financial position?
Financial Position Analysis
Short Term Liabilities: DS's short term assets ($53.2M) do not cover its short term liabilities ($105.7M).
Long Term Liabilities: DS's short term assets ($53.2M) do not cover its long term liabilities ($342.7M).
Debt to Equity History and Analysis
Debt Level: DS's debt to equity ratio (592.8%) is considered high.
Reducing Debt: DS's debt to equity ratio has increased from 477.8% to 592.8% over the past 5 years.
Debt Coverage: DS's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if DS's interest payments on its debt are well covered by EBIT.
Balance Sheet
Next Steps
Dividend
What is Drive Shack current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate DS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate DS'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 DS's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if DS's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: DS is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of DS'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?
2.5yrs
Average management tenure
CEO
Hana Khouri (36 yo)
0.92
Tenure
US$370,192
Compensation
Ms. Hana Khouri has been Chief Executive Officer of Drive Shack Inc. since November 11, 2019 and has been its President since August 6, 2019. From 2013-2018 Ms. Khouri served in various roles including Nat ...
CEO Compensation Analysis
Compensation vs Market: Hana's total compensation ($USD370.19K) is below average for companies of similar size in the US market ($USD593.13K).
Compensation vs Earnings: Insufficient data to compare Hana's compensation with company performance.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & President | 0.92yr | US$370.19k | 0.0080% $ 8.2k | |
| Chief Accounting Officer & Treasurer | 4.08yrs | US$535.35k | 0.033% $ 33.6k | |
| Chief Financial Officer | 0.083yr | no data | 0.015% $ 15.3k | |
| Head of Investor Relations | no data | no data | no data | |
| Executive Officer | no data | no data | no data | |
| Principal & the Co-Chairman of the Board of Directors - Fortress Investment Group LLC | no data | no data | no data | |
| Secretary | no data | no data | no data |
2.5yrs
Average Tenure
53yo
Average Age
Experienced Management: DS's management team is considered experienced (2.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Principal & the Co-Chairman of the Board of Directors - Fortress Investment Group LLC | no data | no data | no data | |
| Chairman | 18.33yrs | no data | 12.77% $ 13.1m | |
| Independent Director | 18yrs | US$135.00k | 0.086% $ 88.5k | |
| Independent Director | 1.5yrs | US$95.63k | 0.0089% $ 9.2k | |
| Independent Director | 2.33yrs | US$130.00k | 0.083% $ 84.9k | |
| Independent Director | 4.58yrs | US$130.00k | 0.015% $ 15.0k | |
| Independent Director | 1.5yrs | US$90.76k | no data |
3.5yrs
Average Tenure
63yo
Average Age
Experienced Board: DS's board of directors are considered experienced (3.5 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
Drive Shack Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Drive Shack Inc.
- Ticker: DS
- Exchange: NYSE
- Founded: 2002
- Industry: Leisure Facilities
- Sector: Consumer Services
- Market Cap: US$102.835m
- Shares outstanding: 67.21m
- Website: https://www.driveshack.com
Number of Employees
Location
- Drive Shack Inc.
- 218 West 18th Street
- 3rd Floor
- New York
- New York
- 10011
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| DS | NYSE (New York Stock Exchange) | Yes | Common Stock | US | USD | Oct 2002 |
| NCI2 | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Oct 2002 |
| DS.PRB | NYSE (New York Stock Exchange) | PFD SER B | US | USD | Mar 2003 | |
| DS.PRC | NYSE (New York Stock Exchange) | PFD SER C 8.05% | US | USD | Oct 2005 | |
| DS.PRD | NYSE (New York Stock Exchange) | PFD SER D 8.375% | US | USD | Mar 2007 |
Biography
Drive Shack Inc. owns and operates golf-related leisure and entertainment venue business. It operates through Entertainment Golf Venues and Traditional Golf Properties segments. The Entertainment Golf Venu ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/10/30 03:39 |
| End of Day Share Price | 2020/10/29 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2019/12/31 |
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.