Caesars Entertainment, Inc. (CZR) vs Monarch Casino & Resort, Inc. (MCRI)

Caesars Entertainment, Inc. and Monarch Casino & Resort, Inc. are both Resorts & Casinos companies. Caesars Entertainment, Inc. is the larger, with a market value of $6.0B against $2.1B — 2.9× the size. Caesars Entertainment, Inc. has negative trailing earnings, so its P/E is not meaningful; Monarch Casino & Resort, Inc. trades at 17.8×. Monarch Casino & Resort, Inc. grew revenue faster over the last twelve months: 5.10% against 2.41%. Monarch Casino & Resort, Inc. has the higher net margin (20.4% vs −3.99%) and the higher return on invested capital (20.1% vs 7.36%). Across the 21 metrics below, Monarch Casino & Resort, Inc. leads on 14 and Caesars Entertainment, Inc. on 7.

Valuation

Metric CZR MCRI Resorts & Casinos median
P/E n/m 17.83 17.15
P/S 0.51 3.61 0.53
P/B 1.66 3.52 2.09
Price to free cash flow 7.12 13.14 9.94
EV/EBITDA 4.97 10.06 8.87
EV/Sales 1.55 3.39 1.78
Earnings yield (7.91%) 5.61% 1.35%
Free cash flow yield 14.04% 7.61% 7.20%

Profitability

Metric CZR MCRI Resorts & Casinos median
Gross margin 53.21% 55.49% 50.85%
Operating margin 15.94% 25.06% 10.41%
Net margin (3.99%) 20.40% 1.28%
Free cash flow margin 7.25% 27.49% 4.23%
Return on equity (12.12%) 20.54% 5.28%
Return on assets (1.45%) 15.85% 0.57%
Return on invested capital 7.36% 20.07% 5.61%

Growth

Metric CZR MCRI Resorts & Casinos median
Revenue growth (TTM) 2.41% 5.10% 2.76%
EPS growth (last fiscal year) (87.60%) 41.56% 8.54%
Revenue growth, 5-year CAGR 25.92% 24.21% 24.21%
Net income growth, 5-year CAGR 0.00% 33.76% 0.00%

Health

Metric CZR MCRI Resorts & Casinos median
Debt to equity 3.74 0.00 1.94
Current ratio 0.85 1.21 0.91
Net debt to EBITDA 2.95 (0.53) 3.48

Dividend

Metric CZR MCRI Resorts & Casinos median
Dividend yield — 1.06% 1.94%
Payout ratio — 0.19 0.37

Size

Metric CZR MCRI Resorts & Casinos median
Market cap 5.96b 2.07b 2.44b

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