Monarch Casino & Resort, Inc.

$ 130.66 2.27 %

Monarch Casino & Resort, Inc. (MCRI) is a company that, through its various subsidiaries, owns and manages two prominent hotel and casino destinations: the Atlantis Casino Resort Spa in Reno, Nevada, and the Monarch Casino Resort Spa Black Hawk located in Black Hawk, Colorado. As of December 31, 2021, the Atlantis Casino Resort Spa presented a wide array of facilities. Its gaming area extended across approximately 61,000 square feet, featuring roughly 1,400 slot and video poker machines, alongside around 37 table games, including popular choices such as blackjack, craps, and roulette. The property also housed a race and sports book, an always-open live keno lounge, and a dedicated poker room. Beyond the gaming, Atlantis offered 818 guest accommodations, eight distinct dining establishments, and two gourmet coffee and pastry shops. For wellness and events, there was a 30,000 square-foot health spa and salon complete with an indoor pool, two retail outlets selling apparel and gifts, an 8,000 square-foot family entertainment zone, and about 52,000 square feet designated for banquets, conventions, and meetings. MCRI's other significant establishment, the Monarch Casino Resort Spa Black Hawk in Colorado, similarly boasts an impressive range of amenities. This property provides approximately 60,000 square feet of gaming space, equipped with around 1,100 slot machines and 40 table games. Guests have access to ten bars and lounges, four dining options, and 516 guest rooms and suites. Other features include dedicated spaces for banquets and meetings, an on-site retail shop, an exclusive concierge lounge, and a premium spa and pool complex. For convenience, the resort offers a nine-story parking structure with capacity for about 1,350 vehicles, augmented by valet services, bringing the total parking availability to approximately 1,500 spaces. Established in 1972, Monarch Casino & Resort, Inc. maintains its corporate headquarters in Reno, Nevada.

CEO: John Farahi - https://www.monarchcasino.com

Price objectif

$104.5 -20.02 %

Recommandation

Hold

DCF

$ 82.05

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MCRI vs S&P500

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Quick ratio

0.92

indicates that the company may have difficulty covering its short-term debts with its readily available assets.

P/E ratio

22.11

is considered reasonable, suggesting that the company has a valuation in line with its current profits.

EPS

5.91

is the net profit of a company divided by the number of outstanding shares, indicating the profit earned per share.

ROE

19.97 %

reflects reasonable profitability, showing good use of equity.

ROIC

18.87 %

generates a return higher than the cost of its capital, thereby creating value for its investors.

WACC

10.54

is a company's average cost of capital, weighted by the proportion of debt and equity in its financing. It represents the minimum return the company must generate to satisfy its investors.

Debt-to-Equity Ratio

0.02

indicates that the company uses more equity than debt, suggesting prudent management.

Free cash flow per share

8.67

is a measure of a company's financial flexibility that is determined by dividing free cash flow by the total number of shares outstanding.

Dividend payout ratio

19.90 %

indicates that the company is retaining a large portion of its profits to reinvest in growth

Earnings per share

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Financials

Piotroski score
7 indicates good financial health
Altman score
10.53 indicates good financial health and low risk of bankruptcy
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Cash / Debt

Cash Ratio
0.80 indicates that the company has a moderate ability to cover its short-term debts with its cash
Debt Ratio
0.02 indicates that the company uses little debt to finance its assets, suggesting good financial stability
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Free Cash Flow

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Earnings Per Share (annual)

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Sales

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