There's Reason For Concern Over Super Group (SGHC) Limited's (NYSE:SGHC) Price
Jun 02
U.S. Casinos and Gaming Industry Analysis
UpdatedJun 02, 2024
DataAggregated Company Financials
Companies41
- 7D-1.6%
- 3M-9.4%
- 1Y-8.4%
- YTDn/a
Over the last 7 days, the Casinos and Gaming industry has dropped 1.6%, driven by a pullback from DraftKings of 14%. On the other hand Caesars Entertainment is actually up 5.7%. Overall the industry is down 8.4% in 12 months. Earnings are forecast to grow by 25% annually.
Industry Valuation and Performance
Has the U.S. Casinos and Gaming Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 03 Jun 2024 | US$120.4b | US$74.9b | US$2.6b | 15.1x | 46.7x | 1.6x |
| Wed, 01 May 2024 | US$120.5b | US$73.8b | US$3.3b | 14.4x | 36.2x | 1.6x |
| Fri, 29 Mar 2024 | US$137.3b | US$73.1b | US$3.2b | 17.3x | 43.5x | 1.9x |
| Sun, 25 Feb 2024 | US$136.0b | US$72.7b | US$2.9b | 14.1x | 46.7x | 1.9x |
| Tue, 23 Jan 2024 | US$129.5b | US$69.8b | US$2.2b | 14.5x | 58.1x | 1.9x |
| Thu, 21 Dec 2023 | US$133.1b | US$69.8b | US$2.2b | 14.5x | 59.7x | 1.9x |
| Sat, 18 Nov 2023 | US$129.1b | US$69.8b | US$2.2b | 14.1x | 57.6x | 1.8x |
| Mon, 16 Oct 2023 | US$118.2b | US$66.4b | US$1.3b | 15.9x | 88.9x | 1.8x |
| Wed, 13 Sep 2023 | US$131.0b | US$66.4b | US$1.4b | 17.6x | 96.1x | 2x |
| Fri, 11 Aug 2023 | US$134.5b | US$66.5b | US$1.6b | 17.7x | 84.2x | 2x |
| Sun, 09 Jul 2023 | US$129.9b | US$62.7b | US$1.5b | 13.3x | 85.7x | 2.1x |
| Tue, 06 Jun 2023 | US$135.5b | US$62.7b | US$1.4b | 13.2x | 93.5x | 2.2x |
| Thu, 04 May 2023 | US$131.2b | US$61.9b | US$580.2m | 14.4x | 226.2x | 2.1x |
| Sat, 01 Apr 2023 | US$127.2b | US$58.8b | -US$886,984,047.00 | 15.5x | -143.4x | 2.2x |
| Mon, 27 Feb 2023 | US$124.6b | US$58.3b | -US$386,920,979.00 | 12.2x | -322x | 2.1x |
| Wed, 25 Jan 2023 | US$122.8b | US$56.9b | -US$619,754,031.00 | 12.3x | -198.2x | 2.2x |
| Fri, 23 Dec 2022 | US$104.7b | US$56.9b | -US$619,155,309.00 | 11.8x | -169x | 1.8x |
| Sun, 20 Nov 2022 | US$111.1b | US$56.8b | -US$567,527,389.00 | 12.6x | -195.8x | 2x |
| Tue, 18 Oct 2022 | US$89.9b | US$54.5b | US$425.7m | 11x | 211.2x | 1.7x |
| Thu, 15 Sep 2022 | US$102.0b | US$54.5b | US$423.9m | 10.6x | 240.7x | 1.9x |
| Sat, 13 Aug 2022 | US$111.0b | US$54.5b | US$36.5m | 11.7x | 3044.5x | 2x |
| Mon, 11 Jul 2022 | US$87.2b | US$50.0b | -US$1,256,414,115.00 | 13x | -69.4x | 1.7x |
| Wed, 08 Jun 2022 | US$100.1b | US$50.1b | -US$1,257,215,574.00 | 14.9x | -79.6x | 2x |
| Fri, 06 May 2022 | US$108.7b | US$51.1b | -US$1,733,727,198.00 | 16x | -62.7x | 2.1x |
| Sun, 03 Apr 2022 | US$126.2b | US$49.2b | -US$1,879,200,712.00 | 20.5x | -67.1x | 2.6x |
| Tue, 01 Mar 2022 | US$136.3b | US$48.2b | -US$2,250,429,047.00 | 21x | -60.6x | 2.8x |
| Thu, 27 Jan 2022 | US$128.9b | US$44.7b | -US$3,136,380,697.00 | 29.2x | -41.1x | 2.9x |
| Sat, 25 Dec 2021 | US$143.4b | US$44.7b | -US$3,135,189,263.00 | 34.9x | -45.8x | 3.2x |
| Mon, 22 Nov 2021 | US$147.3b | US$44.6b | -US$3,127,163,067.00 | 33.6x | -47.1x | 3.3x |
| Wed, 20 Oct 2021 | US$167.6b | US$39.7b | -US$6,071,372,462.00 | 29.3x | -27.6x | 4.2x |
| Fri, 17 Sep 2021 | US$152.7b | US$39.6b | -US$6,101,620,187.00 | 23.4x | -25x | 3.9x |
| Sun, 15 Aug 2021 | US$140.7b | US$39.7b | -US$6,193,483,050.97 | 23.2x | -22.7x | 3.5x |
| Thu, 10 Jun 2021 | US$164.2b | US$29.2b | -US$9,698,682,825.90 | 57.6x | -16.9x | 5.6x |
Price to Earnings Ratio
-16.9x
Current Industry PE
- Investors are optimistic on the American Casinos and Gaming industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 46.7x which is higher than its 3-year average PE of -14.2x.
- The 3-year average PS ratio of 2.3x is higher than the industry's current PS ratio of 1.6x.
Past Earnings Growth
- Total earnings for the Casinos and Gaming industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 37% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Comparison
How does U.S. Casinos and Gaming compare with similar industries?
| US Market | -0.62% | |
| Consumer Discretionary | -0.44% | |
| Hospitality | -0.31% | |
| Casinos and Gaming | -1.56% | |
| Leisure Facilities | 0.24% | |
| Restaurants | 0.18% | |
| Hotels, Resorts and Cruise Lines | -0.23% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| CZR Caesars Entertainment | US$35.56 | 5.7% +US$417.7m | -20.7% | PE10.1x | |
| PENN PENN Entertainment | US$17.50 | 9.2% +US$219.7m | -33.7% | PS0.4x | |
| BYD Boyd Gaming | US$53.32 | 3.0% +US$148.0m | -19.6% | PE9.1x | |
| MGM MGM Resorts International | US$40.17 | 1.1% +US$141.2m | -1.3% | PE14.1x | |
| LVS Las Vegas Sands | US$45.03 | 0.3% +US$111.8m | -23.6% | PE21.4x |
