NYSE:DS

Stock Analysis Report

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Executive Summary

Drive Shack Inc. owns and operates golf-related leisure and entertainment venue business. More Details


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

-9.0%

DS

-2.5%

US Hospitality

-1.1%

US Market


1 Year Return

-60.9%

DS

-18.1%

US Hospitality

15.0%

US Market

Return vs Industry: DS underperformed the US Hospitality industry which returned -16.2% over the past year.

Return vs Market: DS underperformed the US Market which returned 15.6% over the past year.


Shareholder returns

DSIndustryMarket
7 Day-9.0%-2.5%-1.1%
30 Day37.6%-4.1%2.9%
90 Day-14.4%11.8%5.7%
1 Year-60.9%-60.9%-16.7%-18.1%17.6%15.0%
3 Year-55.4%-55.4%-12.8%-18.3%38.9%29.7%
5 Year-60.7%-65.7%13.4%1.4%78.4%58.4%

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

Valuation

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 (-46.5%).


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 ($USD370.19K) is below average for companies of similar size in the US market ($USD585.94K).

Compensation vs Earnings: Insufficient data to compare Hana's compensation with company performance.


Leadership Team

NamePositionTenureCompensationOwnership
Hana Khouri
CEO & President0.92yrUS$370.19k0.0080%
$ 8.5k
Lawrence Goodfield
Chief Accounting Officer & Treasurer4.08yrsUS$535.35k0.033%
$ 34.7k
Michael Nichols
Chief Financial Officer0.083yrno data0.015%
$ 15.8k
Kelley Buchhorn
Head of Investor Relationsno datano datano data
Gregory Hughes
Executive Officerno datano datano data
Peter Briger
Principal & the Co-Chairman of the Board of Directors - Fortress Investment Group LLCno datano datano data
Nicholas Foley
Secretaryno datano datano data

2.5yrs

Average Tenure

53yo

Average Age

Experienced Management: DS's management team is considered experienced (2.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Peter Briger
Principal & the Co-Chairman of the Board of Directors - Fortress Investment Group LLCno datano datano data
Wesley Edens
Chairman18.33yrsno data12.77%
$ 13.6m
Stuart McFarland
Independent Director18yrsUS$135.00k0.086%
$ 91.4k
Virgis Colbert
Independent Director1.5yrsUS$95.63k0.0089%
$ 9.5k
William Clifford
Independent Director2.33yrsUS$130.00k0.083%
$ 87.7k
Clifford Press
Independent Director4.67yrsUS$130.00k0.015%
$ 15.5k
Benjamin Crane
Independent Director1.5yrsUS$90.76kno 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$106.196m
  • 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
DSNYSE (New York Stock Exchange)YesCommon StockUSUSDOct 2002
NCI2DB (Deutsche Boerse AG)YesCommon StockDEEUROct 2002
DS.PRBNYSE (New York Stock Exchange)PFD SER BUSUSDMar 2003
DS.PRCNYSE (New York Stock Exchange)PFD SER C 8.05%USUSDOct 2005
DS.PRDNYSE (New York Stock Exchange)PFD SER D 8.375%USUSDMar 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/28 00:15
End of Day Share Price2020/10/27 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.