Analyzing Canterbury Park (CPHC) & The Competition

Canterbury Park (NASDAQ:CPHC) is one of 65 public companies in the “GAMING” industry, but how does it contrast to its competitors? We will compare Canterbury Park to similar businesses based on the strength of its valuation, institutional ownership, analyst recommendations, dividends, risk, earnings and profitability.

Risk & Volatility

Canterbury Park has a beta of -0.43, indicating that its share price is 143% less volatile than the S&P 500. Comparatively, Canterbury Park’s competitors have a beta of 2.50, indicating that their average share price is 150% more volatile than the S&P 500.

Analyst Ratings

This is a summary of current ratings and recommmendations for Canterbury Park and its competitors, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Canterbury Park	1	0	0	0	1.00
Canterbury Park Competitors	730	2735	5682	190	2.57

As a group, “GAMING” companies have a potential upside of 31.01%. Given Canterbury Park’s competitors stronger consensus rating and higher possible upside, analysts plainly believe Canterbury Park has less favorable growth aspects than its competitors.

Profitability

This table compares Canterbury Park and its competitors’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Canterbury Park	-0.89%	-0.63%	-0.47%
Canterbury Park Competitors	-72.91%	-36.16%	-0.54%

Dividends

Canterbury Park pays an annual dividend of $0.28 per share and has a dividend yield of 1.8%. Canterbury Park pays out -280.0% of its earnings in the form of a dividend. As a group, “GAMING” companies pay a dividend yield of 1.3% and pay out 23.6% of their earnings in the form of a dividend. Canterbury Park is clearly a better dividend stock than its competitors, given its higher yield and lower payout ratio.

Insider & Institutional Ownership

76.4% of Canterbury Park shares are held by institutional investors. Comparatively, 44.0% of shares of all “GAMING” companies are held by institutional investors. 23.5% of Canterbury Park shares are held by company insiders. Comparatively, 22.4% of shares of all “GAMING” companies are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.

Earnings and Valuation

This table compares Canterbury Park and its competitors top-line revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Canterbury Park	$59.57 million	-$530,000.00	-156.74
Canterbury Park Competitors	$2.59 billion	-$12.97 million	-12.96

Canterbury Park’s competitors have higher revenue, but lower earnings than Canterbury Park. Canterbury Park is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.

Summary

Canterbury Park beats its competitors on 8 of the 15 factors compared.

About Canterbury Park

Canterbury Park Holding Corp. engages in hosting and managing pari mutuel wagering activities. It operates through the following business segments: Horse Racing, Card Casino, Food & Beverage and Development. The Horse Racing segment includes simulcast and live horse racing operations. The Card Casino segment holds unbanked card games, poker and table games. The Food and Beverage segment consists of concession stands, restaurant and buffet, bars, and other food venues. The Development segment owns land for racetrack operations. Canterbury Park Holding was founded by Curtis A. Samson, Randall D. Sampson, and Dale H. Schenian on March 24, 1994 and is headquartered in Shakopee, MN.