Six Flags Entertainment Corporation owns and operates regional theme and waterparks under the Six Flags name.
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Second-rate dividend payer and slightly overvalued.
Share Price & News
How has Six Flags Entertainment's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SIX's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: SIX underperformed the US Hospitality industry which returned -43.4% over the past year.
Return vs Market: SIX underperformed the US Market which returned -12.7% over the past year.
Price Volatility Vs. Market
How volatile is Six Flags Entertainment's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StA Sliding Share Price Has Us Looking At Six Flags Entertainment Corporation's (NYSE:SIX) P/E Ratio
2 weeks ago | Simply Wall StAre Investors Undervaluing Six Flags Entertainment Corporation (NYSE:SIX) By 48%?
1 month ago | Simply Wall StWhy It Might Not Make Sense To Buy Six Flags Entertainment Corporation (NYSE:SIX) For Its Upcoming Dividend
Is Six Flags Entertainment undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: SIX ($13.95) is trading above our estimate of fair value ($12.36)
Significantly Below Fair Value: SIX is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: SIX is good value based on its PE Ratio (6.6x) compared to the Hospitality industry average (12.3x).
PE vs Market: SIX is good value based on its PE Ratio (6.6x) compared to the US market (13x).
Price to Earnings Growth Ratio
PEG Ratio: SIX's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
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.
How is Six Flags Entertainment forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SIX's earnings are forecast to decline over the next 3 years (-11.9% per year).
Earnings vs Market: SIX's earnings are forecast to decline over the next 3 years (-11.9% per year).
High Growth Earnings: SIX's earnings are forecast to decline over the next 3 years.
Revenue vs Market: SIX's revenue (0.1% per year) is forecast to grow slower than the US market (7.3% per year).
High Growth Revenue: SIX's revenue (0.1% 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
How has Six Flags Entertainment performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SIX has high quality earnings.
Growing Profit Margin: SIX's current net profit margins (12%) are lower than last year (18.9%).
Past Earnings Growth Analysis
Earnings Trend: SIX's earnings have grown significantly by 23.3% per year over the past 5 years.
Accelerating Growth: SIX's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: SIX had negative earnings growth (-35.1%) over the past year, making it difficult to compare to the Hospitality industry average (1.6%).
Return on Equity
High ROE: SIX's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
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 (18%).
Interest Coverage: SIX's interest payments on its debt are well covered by EBIT (3.9x coverage).
Inventory Level: SIX has a high level of physical assets or inventory.
Debt Coverage by Assets: SIX has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.
What is Six Flags Entertainment's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SIX's dividend (7.17%) is higher than the bottom 25% of dividend payers in the US market (1.98%).
High Dividend: SIX's dividend (7.17%) is in the top 25% of dividend payers in the US market (5.49%)
Stability and Growth of Payments
Stable Dividend: SIX has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: SIX's dividend payments have increased, but the company has only paid a dividend for 9 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (155%), SIX's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: SIX's dividends in 3 years are forecast to be covered by earnings (63.9% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mike Spanos (54yo)
Mr. Michael Spanos, also known as Mike, has been a Director of Six Flags Entertainment Corporation since October 24, 2019 and has been its President and Chief Executive Officer since November 18, 2019. Mr. ...
CEO Compensation Analysis
Compensation vs Market: Mike's total compensation ($USD4.85M) is above average for companies of similar size in the US market ($USD3.18M).
Compensation vs Earnings: Insufficient data to compare Mike's compensation with company performance.
|Senior Vice President of Marketing & Sales||9.67yrs||US$854.83k||0.23% $2.4m|
|Senior Vice President of Human Resources||3.17yrs||US$638.88k||0.051% $540.7k|
|Transitional Advisor||no data||US$1.06m||0.25% $2.7m|
|Of Counsel Advisor||no data||US$1.02m||0.28% $3.0m|
|Interim CFO and Senior VP of Strategic Planning & Analysis||no data||no data||0.079% $842.7k|
|Vice President of International Operations & Business Development||1.67yrs||no data||no data|
|VP & Chief Accounting Officer||1.67yrs||no data||0.0013% $13.6k|
|Senior VP of Information Systems & Chief Information Officer||2.25yrs||no data||no data|
|Senior VP of Investor Relations & Treasurer||no data||no data||no data|
Experienced Management: SIX's management team is considered experienced (2 years average tenure).
|Independent Director||no data||no data||0.023% $247.1k|
|Independent Director||no data||no data||0.0029% $30.6k|
|Independent Non-Executive Chairman||0.25yr||US$296.53k||0.072% $769.8k|
|Independent Director||3yrs||US$229.99k||0.22% $2.4m|
|Independent Director||9.83yrs||US$262.49k||0.098% $1.0m|
|Independent Director||9.83yrs||US$269.99k||0.063% $668.9k|
|Independent Director||9.83yrs||US$267.49k||0.035% $372.7k|
|Independent Director||0.17yr||no data||9.21% $98.0m|
Experienced Board: SIX's board of directors are considered experienced (3 years average tenure).
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Six Flags Entertainment Corporation's company bio, employee growth, exchange listings and data sources
- Name: Six Flags Entertainment Corporation
- Ticker: SIX
- Exchange: NYSE
- Founded: 1961
- Industry: Leisure Facilities
- Sector: Consumer Services
- Market Cap: US$1.064b
- Shares outstanding: 84.66m
- Website: https://www.sixflags.com
Number of Employees
- Six Flags Entertainment Corporation
- 924 Avenue J East
- Grand Prairie
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|SIX||NYSE (New York Stock Exchange)||Yes||Common Stock||US||USD||May 2010|
|6FE||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||May 2010|
Six Flags Entertainment Corporation owns and operates regional theme and waterparks under the Six Flags name. The company’s parks offer various thrill rides, water attractions, themed areas, concerts and shows, restaurants, game venues, and retail outlets. It owns and operates 26 parks in the United States, Mexico, and Canada. The company was formerly known as Six Flags, Inc. and changed its name to Six Flags Entertainment Corporation in April 2010. Six Flags Entertainment Corporation was founded in 1961 and is based in Grand Prairie, Texas.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/03/31 02:10|
|End of Day Share Price||2020/03/30 00:00|
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.