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

Monarch Casino & Resort, Inc. and PENN Entertainment, Inc. are both Resorts & Casinos companies. Monarch Casino & Resort, Inc. and PENN Entertainment, Inc. are of similar size ($2.1B and $2.0B). PENN Entertainment, Inc. has negative trailing earnings, so its P/E is not meaningful; Monarch Casino & Resort, Inc. trades at 17.8×. PENN Entertainment, Inc. grew revenue faster over the last twelve months: 6.14% against 5.10%. Monarch Casino & Resort, Inc. has the higher net margin (20.4% vs −12.7%) and the higher return on invested capital (20.1% vs −4.38%). Across the 20 metrics below, Monarch Casino & Resort, Inc. leads on 15 and PENN Entertainment, Inc. on 5.

Valuation

Metric MCRI PENN Resorts & Casinos median
P/E 17.83 n/m 17.15
P/S 3.61 0.28 0.53
P/B 3.52 1.08 2.09
Price to free cash flow 13.14 52.70 9.94
EV/EBITDA 10.06 n/m 8.87
EV/Sales 3.39 1.15 1.78
Earnings yield 5.61% (42.50%) 1.35%
Free cash flow yield 7.61% 1.90% 7.20%

Profitability

Metric MCRI PENN Resorts & Casinos median
Gross margin 55.49% 35.16% 50.85%
Operating margin 25.06% (7.89%) 10.41%
Net margin 20.40% (12.66%) 1.28%
Free cash flow margin 27.49% 0.53% 4.23%
Return on equity 20.54% (37.49%) 5.28%
Return on assets 15.85% (6.19%) 0.57%
Return on invested capital 20.07% (4.38%) 5.61%

Growth

Metric MCRI PENN Resorts & Casinos median
Revenue growth (TTM) 5.10% 6.14% 2.76%
EPS growth (last fiscal year) 41.56% (184.39%) 8.54%
Revenue growth, 5-year CAGR 24.21% 14.23% 24.21%
Net income growth, 5-year CAGR 33.76% 0.00% 0.00%

Health

Metric MCRI PENN Resorts & Casinos median
Debt to equity 0.00 3.83 1.94
Current ratio 1.21 0.89 0.91
Net debt to EBITDA (0.53) (30.04) 3.48

Dividend

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

Size

Metric MCRI PENN Resorts & Casinos median
Market cap 2.07b 2.04b 2.44b

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