Canterbury Park Holding Corporation (CPHC) vs STUDIO CITY IH (MSC)

Canterbury Park Holding Corporation and STUDIO CITY IH are both Resorts & Casinos companies. STUDIO CITY IH is the larger, with a market value of $161.8M against $81.8M — 2.0× the size. STUDIO CITY IH has negative trailing earnings, so its P/E is not meaningful; Canterbury Park Holding Corporation trades at 781×. STUDIO CITY IH grew revenue faster over the last twelve months: 0.71% against 0.61%. Canterbury Park Holding Corporation has the higher net margin (0.20% vs −7.57%) and the higher return on invested capital (2.85% vs 1.95%). Across the 20 metrics below, Canterbury Park Holding Corporation leads on 12 and STUDIO CITY IH on 8.

Valuation

Metric CPHC MSC Resorts & Casinos median
P/E 781.00 n/m 18.52
P/S 1.33 0.23 0.54
P/B 0.96 0.29 2.13
Price to free cash flow 16.43 1.64 13.62
EV/EBITDA 8.17 26.94 9.18
EV/Sales 0.93 2.94 1.80
Earnings yield 0.13% (34.22%) 1.69%
Free cash flow yield 6.09% 60.84% 6.51%

Profitability

Metric CPHC MSC Resorts & Casinos median
Gross margin 79.05% 69.26% 50.85%
Operating margin 4.50% 10.92% 10.41%
Net margin 0.20% (7.57%) 1.28%
Free cash flow margin 8.11% 0.00% 4.23%
Return on equity 0.14% (9.30%) 5.28%
Return on assets 0.10% (1.84%) 0.57%
Return on invested capital 2.85% 1.95% 5.61%

Growth

Metric CPHC MSC Resorts & Casinos median
Revenue growth (TTM) 0.61% 0.71% 2.76%
EPS growth (last fiscal year) (123.81%) 38.00% —
Revenue growth, 5-year CAGR 12.44% 69.80% 24.21%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric CPHC MSC Resorts & Casinos median
Debt to equity 0.00 3.73 1.94
Current ratio 2.24 0.76 0.91
Net debt to EBITDA (3.21) 6.68 3.08

Dividend

Metric CPHC MSC Resorts & Casinos median
Dividend yield 1.18% — 1.27%
Payout ratio 0.11 0.00 0.00

Size

Metric CPHC MSC Resorts & Casinos median
Market cap 81.79m 161.78m 2.43b

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