Critical Survey: Canterbury Park (CPHC) and Its Competitors

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

Analyst Recommendations

This is a breakdown of recent ratings for Canterbury Park and its competitors, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Canterbury Park	1	0	0	0	1.00
Canterbury Park Competitors	719	2719	5656	189	2.57

As a group, “GAMING” companies have a potential upside of 30.82%. Given Canterbury Park’s competitors stronger consensus rating and higher probable upside, analysts plainly believe Canterbury Park has less favorable growth aspects than its competitors.

Earnings and Valuation

This table compares Canterbury Park and its competitors gross revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Canterbury Park	$59.57 million	-$530,000.00	-157.00
Canterbury Park Competitors	$2.59 billion	-$14.66 million	-14.13

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.

Volatility and Risk

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

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 -6.5% 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 and Institutional Ownership

76.4% of Canterbury Park shares are owned by institutional investors. Comparatively, 44.0% of shares of all “GAMING” companies are owned by institutional investors. 23.5% of Canterbury Park shares are owned by company insiders. Comparatively, 22.3% of shares of all “GAMING” companies are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

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	-72.92%	-36.17%	-0.56%

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.