NYSE:EVRI

Stock Analysis Report

NOT FOR DISTRIBUTION
Header cover image

Executive Summary

Everi Holdings Inc. provides entertainment and technology solutions for the casino, interactive, and gaming industries in the United States, Europe, Canada, the Caribbean, Central America, and Asia. More Details


Snowflake Analysis

High growth potential and slightly overvalued.


Similar Companies

Share Price & News

How has Everi Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: EVRI's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-4.7%

EVRI

-2.5%

US Hospitality

-1.1%

US Market


1 Year Return

-14.2%

EVRI

-18.1%

US Hospitality

15.0%

US Market

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

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


Shareholder returns

EVRIIndustryMarket
7 Day-4.7%-2.5%-1.1%
30 Day-0.7%-4.1%2.9%
90 Day48.0%11.8%5.7%
1 Year-14.2%-14.2%-16.7%-18.1%17.6%15.0%
3 Year4.2%4.2%-12.8%-18.3%38.9%29.7%
5 Year89.7%89.7%13.4%1.4%78.4%58.4%

Price Volatility Vs. Market

How volatile is Everi Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Everi Holdings undervalued compared to its fair value and its price relative to the market?

30.2%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: EVRI ($8.67) is trading below our estimate of fair value ($12.42)

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


Price To Earnings Ratio

PE vs Industry: EVRI is unprofitable, so we can't compare its PE Ratio to the US Hospitality industry average.

PE vs Market: EVRI is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate EVRI's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: EVRI has negative assets, so we can't compare its PB Ratio to the US Hospitality industry average.


Next Steps

Future Growth

How is Everi Holdings forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?

125.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: EVRI is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.2%).

Earnings vs Market: EVRI is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: EVRI's is expected to become profitable in the next 3 years.

Revenue vs Market: EVRI's revenue (20% per year) is forecast to grow faster than the US market (10% per year).

High Growth Revenue: EVRI's revenue (20% 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 EVRI's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Everi Holdings performed over the past 5 years?

32.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: EVRI is currently unprofitable.

Growing Profit Margin: EVRI is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: EVRI is unprofitable, but has reduced losses over the past 5 years at a rate of 32.9% per year.

Accelerating Growth: Unable to compare EVRI's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: EVRI is unprofitable, making it difficult to compare its past year earnings growth to the Hospitality industry (-46.5%).


Return on Equity

High ROE: EVRI's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Next Steps

Financial Health

How is Everi Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: EVRI has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: EVRI has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: EVRI has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: EVRI's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable EVRI has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: EVRI is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 1.2% per year.


Next Steps

Dividend

What is Everi Holdings's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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

1.8yrs

Average management tenure


CEO

Mike Rumbolz (66 yo)

4.67yrs

Tenure

US$5,158,222

Compensation

Mr. Michael David Rumbolz, also known as Mike, J.D., served as chairman of Employers Holdings, Inc. (EHI) since June 2016 until May 28, 2020. He served as Chairman of the Board of Employers Insurance Compa ...


CEO Compensation Analysis

Compensation vs Market: Mike's total compensation ($USD5.16M) is above average for companies of similar size in the US market ($USD2.92M).

Compensation vs Earnings: Mike's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
Michael Rumbolz
CEO & Director4.67yrsUS$5.16m0.45%
$ 3.4m
Randy Taylor
President & COO0.50yrUS$2.16m0.13%
$ 1.0m
Edward Peters
Executive Officer0.50yrUS$1.12m0.024%
$ 182.5k
Dean Ehrlich
Executive VP & Games Business Leader3.75yrsUS$1.25m0.035%
$ 265.2k
Darren D. Simmons
Executive VP & FinTech Business Leader1.75yrsUS$1.18m0.037%
$ 280.9k
Mark Labay
Executive VP0.50yrUS$675.63k0.020%
$ 153.7k
Todd Valli
Senior VP & Chief Accounting Officer5.08yrsno data0.017%
$ 130.7k
William Pfund
Vice President of Investor Relationsno datano datano data
Harper Ko
Executive VP2.83yrsUS$953.92k0.044%
$ 338.8k
David Lucchese
Executive Vice President of Sales0.50yrUS$703.90k0.11%
$ 869.2k
Richard Land
Senior Managing Directorno datano datano data
Tim Richards
Chief Product Strategy Officerno datano datano data

1.8yrs

Average Tenure

54yo

Average Age

Experienced Management: EVRI's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Michael Rumbolz
CEO & Director4.67yrsUS$5.16m0.45%
$ 3.4m
Linster Fox
Independent Director4.42yrsUS$249.38k0%
$ 0
Ronald Congemi
Independent Director7.67yrsUS$236.88k0.019%
$ 142.8k
Maureen Mullarkey
Independent Director2.58yrsUS$236.88k0.012%
$ 89.3k
E. Kilburn
Independent Chairman of the Board12.42yrsUS$336.88k0.31%
$ 2.4m
Geoffrey Judge
Independent Director14.08yrsUS$246.88k0.093%
$ 711.5k
Atul Bali
Independent Director0.92yrUS$93.65kno data
Eileen Raney
Independent Director4.67yrsUS$242.50k0.092%
$ 705.5k

6.2yrs

Average Tenure

66yo

Average Age

Experienced Board: EVRI's board of directors are considered experienced (6.2 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 been diluted in the past year, with total shares outstanding growing by 18.3%.


Top Shareholders

Company Information

Everi Holdings Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Everi Holdings Inc.
  • Ticker: EVRI
  • Exchange: NYSE
  • Founded: 1998
  • Industry: Casinos and Gaming
  • Sector: Consumer Services
  • Market Cap: US$763.077m
  • Shares outstanding: 85.45m
  • Website: https://www.everi.com

Number of Employees


Location

  • Everi Holdings Inc.
  • 7250 South Tenaya Way
  • Suite 100
  • Las Vegas
  • Nevada
  • 89113
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
EVRINYSE (New York Stock Exchange)YesCommon StockUSUSDSep 2005
G2CDB (Deutsche Boerse AG)YesCommon StockDEEURSep 2005

Biography

Everi Holdings Inc. provides entertainment and technology solutions for the casino, interactive, and gaming industries in the United States, Europe, Canada, the Caribbean, Central America, and Asia. It ope ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/28 00:14
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.