PENN ENTERTAINMENT, INC. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 15.41 USD | +1.88% |
|
-9.51% | -40.78% |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 2,948 | 13,355 | 8,763 | 4,540 | 3,890 | 2,303 | - | - |
| Enterprise Value (EV) 1 | 13,839 | 17,947 | 13,733 | 14,777 | 8,011 | 11,847 | 12,115 | 11,529 |
| P/E ratio | 69.1 x | -17.3 x | 20.9 x | 23 x | -8.08 x | -11.3 x | 16.7 x | 7.72 x |
| Yield | - | - | - | - | - | - | - | - |
| Capitalization / Revenue | 0.56 x | 3.73 x | 1.48 x | 0.71 x | 0.61 x | 0.34 x | 0.32 x | 0.31 x |
| EV / Revenue | 2.61 x | 5.01 x | 2.33 x | 2.31 x | 1.26 x | 1.77 x | 1.71 x | 1.53 x |
| EV / EBITDA | 8.62 x | 16.4 x | 6.89 x | 7.62 x | 5.3 x | 8.76 x | 6.75 x | 5.63 x |
| EV / FCF | 27 x | 88.9 x | 21.1 x | 24 x | 83.5 x | -192 x | 91.3 x | 22.4 x |
| FCF Yield | 3.71% | 1.12% | 4.75% | 4.16% | 1.2% | -0.52% | 1.1% | 4.46% |
| Price to Book | 1.6 x | 5.06 x | 2.15 x | 1.33 x | 1.24 x | 0.74 x | 0.69 x | 0.48 x |
| Nbr of stocks (in thousands) | 115,354 | 154,630 | 169,008 | 152,846 | 149,488 | 149,441 | - | - |
| Reference price 2 | 25.56 | 86.37 | 51.85 | 29.70 | 26.02 | 15.41 | 15.41 | 15.41 |
| Announcement Date | 2/6/20 | 2/4/21 | 2/3/22 | 2/2/23 | 2/15/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 5,301 | 3,579 | 5,905 | 6,402 | 6,363 | 6,690 | 7,097 | 7,529 |
| EBITDA 1 | 1,605 | 1,095 | 1,994 | 1,939 | 1,513 | 1,353 | 1,795 | 2,047 |
| EBIT 1 | 571.9 | -410.2 | 1,060 | 974 | -690.2 | 171.9 | 621.2 | 858.8 |
| Operating Margin | 10.79% | -11.46% | 17.94% | 15.21% | -10.85% | 2.57% | 8.75% | 11.41% |
| Earnings before Tax (EBT) 1 | 86.1 | -834.2 | 539.1 | 175.3 | -499.6 | -245.7 | 213.1 | 409.1 |
| Net income 1 | 43.9 | -669.5 | 420.8 | 222.1 | -490 | -216.8 | 148.7 | 318 |
| Net margin | 0.83% | -18.71% | 7.13% | 3.47% | -7.7% | -3.24% | 2.09% | 4.22% |
| EPS 2 | 0.3700 | -5.000 | 2.480 | 1.290 | -3.220 | -1.362 | 0.9250 | 1.995 |
| Free Cash Flow 1 | 513.3 | 201.8 | 652 | 614.8 | 95.9 | -61.85 | 132.8 | 514 |
| FCF margin | 9.68% | 5.64% | 11.04% | 9.6% | 1.51% | -0.92% | 1.87% | 6.83% |
| FCF Conversion (EBITDA) | 31.98% | 18.43% | 32.69% | 31.7% | 6.34% | - | 7.4% | 25.11% |
| FCF Conversion (Net income) | 1,169.25% | - | 154.94% | 276.81% | - | - | 89.3% | 161.66% |
| Dividend per Share 2 | - | - | - | - | - | - | - | - |
| Announcement Date | 2/6/20 | 2/4/21 | 2/3/22 | 2/2/23 | 2/15/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 | 2025 Q2 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 1,572 | 1,564 | 1,627 | 1,625 | 1,586 | 1,673 | 1,675 | 1,619 | 1,395 | 1,607 | 1,662 | 1,681 | 1,740 | 1,761 | 1,741 |
| EBITDA 1 | 480.5 | 494.7 | 504.5 | 471.9 | 468.3 | 478.2 | 476.8 | 445.1 | 112.5 | 256.2 | 344.3 | 355.7 | 380.7 | 416.8 | 462.2 |
| EBIT 1 | 226.1 | 292 | 302.4 | 241.3 | 242.9 | 199.1 | 205.5 | -786.4 | -308.4 | -21.4 | 52.1 | 46.97 | 88.62 | 119.8 | 152.4 |
| Operating Margin | 14.38% | 18.67% | 18.59% | 14.85% | 15.32% | 11.9% | 12.27% | -48.56% | -22.1% | -1.33% | 3.14% | 2.79% | 5.09% | 6.8% | 8.75% |
| Earnings before Tax (EBT) 1 | 53.3 | 99.2 | 82.4 | -58.8 | 52.5 | 682.3 | 112.8 | -886.8 | -407.9 | -127.5 | -52.27 | -51.6 | -18.12 | 15.12 | 53 |
| Net income 1 | 45 | 51.7 | 26.1 | 123.5 | 20.8 | 514.5 | 78.4 | -724.8 | -358.1 | -114.7 | -43.8 | -46.51 | -16.95 | 18.97 | 43.2 |
| Net margin | 2.86% | 3.31% | 1.6% | 7.6% | 1.31% | 30.75% | 4.68% | -44.76% | -25.66% | -7.14% | -2.64% | -2.77% | -0.97% | 1.08% | 2.48% |
| EPS 2 | 0.2600 | 0.2900 | 0.1500 | 0.7200 | 0.1300 | 3.050 | 0.4800 | -4.800 | -2.370 | -0.7600 | -0.2612 | -0.3010 | -0.0677 | 0.0350 | 0.2602 |
| Dividend per Share 2 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 2/3/22 | 5/5/22 | 8/4/22 | 11/3/22 | 2/2/23 | 5/4/23 | 8/9/23 | 11/2/23 | 2/15/24 | 5/2/24 | - | - | - | - | - |
1USD in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 10,891 | 4,591 | 4,970 | 10,238 | 4,121 | 9,545 | 9,812 | 9,226 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 6.785 x | 4.194 x | 2.492 x | 5.279 x | 2.725 x | 7.056 x | 5.466 x | 4.508 x |
| Free Cash Flow 1 | 513 | 202 | 652 | 615 | 95.9 | -61.9 | 133 | 514 |
| ROE (net income / shareholders' equity) | 10.1% | -29.7% | 12.5% | 5.77% | -14.4% | -6.61% | 3.51% | 8.21% |
| ROA (Net income/ Total Assets) | 1.04% | -4.64% | 2.67% | 1.29% | -2.92% | -1.15% | 2.1% | 2.3% |
| Assets 1 | 4,229 | 14,431 | 15,770 | 17,188 | 16,783 | 18,848 | 7,079 | 13,824 |
| Book Value Per Share 2 | 16.00 | 17.10 | 24.20 | 22.30 | 21.10 | 20.90 | 22.40 | 31.80 |
| Cash Flow per Share 2 | 5.980 | 2.530 | 5.110 | 4.970 | 3.000 | 2.150 | 4.040 | - |
| Capex 1 | 191 | 137 | 244 | 263 | 360 | 476 | 444 | 340 |
| Capex / Sales | 3.6% | 3.83% | 4.13% | 4.11% | 5.66% | 7.12% | 6.25% | 4.51% |
| Announcement Date | 2/6/20 | 2/4/21 | 2/3/22 | 2/2/23 | 2/15/24 | - | - | - |
1USD in Million2USD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
B-
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
18
Last Close Price
15.41
USD
Average target price
22.78
USD
Spread / Average Target
+47.81%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -40.78% | 2.3B | |
| +15.53% | 35.05B | |
| +0.52% | 23.52B | |
| -12.56% | 21.02B | |
| -15.09% | 20.94B | |
| +25.02% | 20.99B | |
| -1.94% | 16.55B | |
| +0.76% | 9.99B | |
| -23.10% | 7.8B | |
| +48.34% | 7.14B |
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