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SIX

Six Flags EntertainmentNYSE:SIX Stock Report

Last Price

US$40.49

Market Cap

US$3.5b

7D

-6.3%

1Y

8.8%

Updated

18 Jan, 2022

Data

Company Financials +
SIX fundamental analysis
Snowflake Score
Valuation2/6
Future Growth3/6
Past Performance1/6
Financial Health0/6
Dividends0/6

SIX Stock Overview

Six Flags Entertainment Corporation owns and operates regional theme and waterparks under the Six Flags name.

Six Flags Entertainment Competitors

Vail Resorts

NYSE:MTN

US$12.1b

Walt Disney

NYSE:DIS

US$276.8b

Dave & Buster's Entertainment

NasdaqGS:PLAY

US$1.7b

Price History & Performance

Summary of all time highs, changes and price drops for Six Flags Entertainment
Historical stock prices
Current Share PriceUS$40.49
52 Week HighUS$51.75
52 Week LowUS$30.88
Beta2.43
1 Month Change0.65%
3 Month Change-8.66%
1 Year Change8.82%
3 Year Change-32.53%
5 Year Change-33.89%
Change since IPO315.28%

Recent News & Updates

Dec 08
Is Six Flags Entertainment Corporation (NYSE:SIX) Trading At A 38% Discount?

Is Six Flags Entertainment Corporation (NYSE:SIX) Trading At A 38% Discount?

Does the December share price for Six Flags Entertainment Corporation ( NYSE:SIX ) reflect what it's really worth...

Shareholder Returns

SIXUS HospitalityUS Market
7D-6.3%0.6%-0.3%
1Y8.8%-0.3%13.7%

Return vs Industry: SIX exceeded the US Hospitality industry which returned -0.3% over the past year.

Return vs Market: SIX underperformed the US Market which returned 13.7% over the past year.

Price Volatility

Is SIX's price volatile compared to industry and market?
SIX volatility
SIX Average Weekly Movement6.5%
Hospitality Industry Average Movement7.8%
Market Average Movement6.6%
10% most volatile stocks in US Market15.9%
10% least volatile stocks in US Market2.4%

Stable Share Price: SIX is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: SIX's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19611,950Selim Bassoulhttps://www.sixflags.com

Six Flags Entertainment Corporation owns and operates regional theme and waterparks under the Six Flags name. Its parks offer various thrill rides, water attractions, themed areas, concerts and shows, restaurants, game venues, and retail outlets. As of March 18, 2021, the company operated 26 parks in the United States, Mexico, and Canada.

Six Flags Entertainment Fundamentals Summary

How do Six Flags Entertainment's earnings and revenue compare to its market cap?
SIX fundamental statistics
Market CapUS$3.48b
Earnings (TTM)US$46.15m
Revenue (TTM)US$1.29b

75.4x

P/E Ratio

2.7x

P/S Ratio

Is SIX overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
SIX income statement (TTM)
RevenueUS$1.29b
Cost of RevenueUS$718.74m
Gross ProfitUS$569.96m
ExpensesUS$523.81m
EarningsUS$46.15m

Last Reported Earnings

Oct 03, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.54
Gross Margin44.23%
Net Profit Margin3.58%
Debt/Equity Ratio-586.0%

How did SIX perform over the long term?

See historical performance and comparison

Valuation

Is Six Flags Entertainment undervalued compared to its fair value and its price relative to the market?

38.6%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: SIX ($40.68) is trading below our estimate of fair value ($66.1)

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


Price To Earnings Ratio

PE vs Industry: SIX is poor value based on its PE Ratio (75.8x) compared to the US Hospitality industry average (27.1x).

PE vs Market: SIX is poor value based on its PE Ratio (75.8x) compared to the US market (17.4x).


Price to Earnings Growth Ratio

PEG Ratio: SIX is poor value based on its PEG Ratio (2.7x)


Price to Book Ratio

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


Future Growth

How is Six Flags Entertainment forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?

28.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SIX's forecast earnings growth (28.4% per year) is above the savings rate (2%).

Earnings vs Market: SIX's earnings (28.4% per year) are forecast to grow faster than the US market (13% per year).

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

Revenue vs Market: SIX's revenue (7.8% per year) is forecast to grow slower than the US market (9.3% per year).

High Growth Revenue: SIX's revenue (7.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if SIX's Return on Equity is forecast to be high in 3 years time


Past Performance

How has Six Flags Entertainment performed over the past 5 years?

-40.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SIX has a large one-off loss of $35.7M impacting its October 3 2021 financial results.

Growing Profit Margin: SIX became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: SIX's earnings have declined by 40.3% per year over the past 5 years.

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

Earnings vs Industry: SIX has become profitable in the last year, making it difficult to compare its past year earnings growth to the Hospitality industry (79.7%).


Return on Equity

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


Financial Health

How is Six Flags Entertainment's financial position?


Financial Position Analysis

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

Long Term Liabilities: SIX 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: SIX has negative shareholder equity, which is a more serious situation than a high debt level.

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

Debt Coverage: SIX's debt is not well covered by operating cash flow (10.2%).

Interest Coverage: SIX's interest payments on its debt are not well covered by EBIT (1.8x coverage).


Balance Sheet


Dividend

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

0.47%

Forecast Dividend Yield


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if SIX's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: SIX is not paying a notable dividend for the US market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of SIX'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?

2.7yrs

Average management tenure


CEO

Selim Bassoul (64 yo)

0.17

Tenure

US$259,662

Compensation

Mr. Selim A. Bassoul serves as a Non-Executive Chairman at Diversey, Inc. He served as an Independent Director at 1847 Goedeker Inc. since October 18, 2021 until November 04, 2021. Mr. Bassoul serves as Ch...


Leadership Team

Experienced Management: SIX's management team is considered experienced (2.7 years average tenure).


Board Members

Experienced Board: SIX's board of directors are not considered experienced ( 1.7 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: SIX 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

Six Flags Entertainment Corporation's employee growth, exchange listings and data sources


Key Information

  • Name: Six Flags Entertainment Corporation
  • Ticker: SIX
  • Exchange: NYSE
  • Founded: 1961
  • Industry: Leisure Facilities
  • Sector: Consumer Services
  • Implied Market Cap: US$3.481b
  • Shares outstanding: 85.98m
  • Website: https://www.sixflags.com

Number of Employees


Location

  • Six Flags Entertainment Corporation
  • 1000 Ballpark Way
  • Suite 400
  • Arlington
  • Texas
  • 76011
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/18 23:55
End of Day Share Price2022/01/18 00:00
Earnings2021/10/03
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.