Six Flags Entertainment Corporation (FUN) vs YETI Holdings, Inc. (YETI)

Six Flags Entertainment Corporation and YETI Holdings, Inc. are both Leisure companies. YETI Holdings, Inc. is the larger, with a market value of $3.1B against $1.3B — 2.4× the size. Six Flags Entertainment Corporation has negative trailing earnings, so its P/E is not meaningful; YETI Holdings, Inc. trades at 18.1×. YETI Holdings, Inc. grew revenue faster over the last twelve months: 6.24% against −3.46%. YETI Holdings, Inc. has the higher net margin (9.24% vs −57.3%) and the higher return on invested capital (22.7% vs −17.0%). Across the 21 metrics below, YETI Holdings, Inc. leads on 14 and Six Flags Entertainment Corporation on 7.

Valuation

Metric FUN YETI Leisure median
P/E n/m 18.15 17.42
P/S 0.41 1.63 1.02
P/B 10.92 5.18 2.13
Price to free cash flow 3.07 16.37 11.49
EV/EBITDA 9.12 10.93 9.97
EV/Sales 2.00 1.65 2.00
Earnings yield (140.58%) 5.51% 2.85%
Free cash flow yield 32.56% 6.11% 3.64%

Profitability

Metric FUN YETI Leisure median
Gross margin 91.37% 59.21% 48.02%
Operating margin (44.21%) 12.18% 3.08%
Net margin (57.25%) 9.24% 2.58%
Free cash flow margin 13.34% 9.97% 2.13%
Return on equity (185.33%) 25.32% 0.00%
Return on assets (20.74%) 13.73% 0.05%
Return on invested capital (17.01%) 22.66% 3.95%

Growth

Metric FUN YETI Leisure median
Revenue growth (TTM) (3.46%) 6.24% 3.28%
EPS growth (last fiscal year) (392.86%) (0.98%) —
Revenue growth, 5-year CAGR 76.39% 11.35% 4.22%
Net income growth, 5-year CAGR 0.00% 1.20% 0.00%

Health

Metric FUN YETI Leisure median
Debt to equity 43.47 0.17 0.02
Current ratio 0.42 1.75 1.76
Net debt to EBITDA 8.09 (0.43) 1.85

Dividend

Metric FUN YETI Leisure median
Dividend yield 2.90% — 2.86%
Payout ratio — 0.00 0.00

Size

Metric FUN YETI Leisure median
Market cap 1.28b 3.06b 293.27m

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