Canterbury Park Holding (CPHC) AI Stock Analysis

• Market Cap: $84.12M
• Dividend Yield: 1.69%
• Average Volume (3M): 1.87K
• Price to Earnings (P/E): 540.5
• Beta (1Y): 0.21
• Revenue Growth: -3.26%
• EPS Growth: -95.81%
• Country: US
• Employees: 226
• Sector: Consumer Cyclical
• Sector Strength: 83
• Industry: Gambling, Resorts & Casinos
• EPS (TTM): -0.07
• Shares Outstanding: 5,086,028
• 10 Day Avg. Volume: 2,177
• 30 Day Avg. Volume: 1,870
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: 0.86
• Enterprise Value/Revenue: 1.21
• Enterprise Value/Gross Profit: 1.99
• Enterprise Value/Ebitda: 12.45
• 1Y Price Target: $18.00
• Price Target Upside: 8.83% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 49 Neutral
• Price Target: $18.00 ▲(8.83% Upside)

The overall stock score is primarily impacted by the company's financial performance challenges, including declining profitability and cash flow volatility. Technical indicators suggest a lack of strong momentum, and the high P/E ratio raises valuation concerns. The strong balance sheet provides some stability, but improvements in profitability and cash flow are needed for a more favorable outlook.

Canterbury Park Holding Business Overview & Revenue Model

Company Description

Canterbury Park Holding Corporation, through its subsidiaries, engages in horse racing, card casino, food and beverage, and real estate development businesses. The company's Horse Racing segment operates year-round simulcasting of horse races, as well as wagering on live thoroughbred and quarter horse races on a seasonal basis. Its Card Casino segment offers unbanked card games, such as poker and table games. The company's Food and Beverage segment operates concession stands, restaurants and buffets, bars, and other food venues, as well as café style restaurants and full-service bars within the Card Casino and simulcast area. This segment also provides lounge services along with a buffet restaurant; various concession style food and beverages during live racing; and catering and events services. Its Development segment engages in various development opportunities, such as residential development, office, restaurants, hotel, entertainment, and retail operations. The company is also involved in the provision of related services and activities, such as parking, advertising signage, publication sales, and other entertainment events and activities. Canterbury Park Holding Corporation was founded in 1994 and is based in Shakopee, Minnesota.

How the Company Makes Money

Canterbury Park Holding generates revenue through multiple streams, primarily from gaming operations, which include revenue from live and simulcast horse racing, as well as from its card club activities. The company earns money from pari-mutuel wagering on horse races, where a portion of the betting pool is allocated to the company as revenue. Additionally, the card club, which features poker and other card games, provides significant earnings through player buy-ins and fees associated with gaming. CPHC also benefits from food and beverage sales during events and races, along with rental income from its facilities for various events. Strategic partnerships with horse racing organizations and local businesses further bolster its revenue potential, ensuring a steady flow of income from both entertainment and hospitality sectors.

Canterbury Park Holding Financial Statement Overview

Summary

Canterbury Park Holding faces challenges in maintaining consistent revenue growth and profitability, as evidenced by declining margins and fluctuating cash flows. However, the company benefits from a strong balance sheet with minimal leverage, providing a cushion against financial instability.

Income Statement

The company's revenue has shown volatility, with a recent decline of 8.85% in TTM. Gross profit margins have decreased from 79.24% in 2021 to 60.76% in TTM, indicating pressure on profitability. Net profit margins have also significantly declined, from 19.53% in 2021 to a mere 0.25% in TTM. This suggests challenges in maintaining profitability amidst fluctuating revenues.

Balance Sheet

The company maintains a strong balance sheet with a very low debt-to-equity ratio of 0.0018 in TTM, indicating minimal leverage. Return on equity has decreased from 18.33% in 2021 to 0.18% in TTM, reflecting reduced profitability. However, the equity ratio remains robust, showcasing financial stability.

Cash Flow

Operating cash flow has been positive, but free cash flow has shown significant volatility, with a growth rate of -144.51% in TTM. The operating cash flow to net income ratio is healthy at 0.50, but the free cash flow to net income ratio is low at 0.15, indicating challenges in converting profits into free cash flow.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	60.07M	61.56M	61.44M	66.82M	60.40M	33.14M
Gross Profit	36.50M	48.52M	21.63M	52.94M	47.86M	25.53M
EBITDA	5.84M	8.37M	8.31M	14.02M	18.64M	1.02M
Net Income	149.79K	2.11M	10.56M	7.51M	11.80M	1.06M
Balance Sheet
Total Assets	87.02M	110.26M	104.68M	92.28M	83.06M	68.80M
Cash, Cash Equivalents and Short-Term Investments	16.94M	15.08M	26.94M	17.99M	11.87M	-116.84K
Total Debt	150.74K	177.81K	62.40K	18.97K	68.82K	116.84K
Total Liabilities	31.33M	25.83M	22.88M	21.09M	18.71M	17.51M
Stockholders Equity	83.60M	84.09M	81.80M	71.19M	64.35M	51.29M
Cash Flow
Free Cash Flow	1.06M	-5.50M	3.63M	6.22M	9.72M	139.76K
Operating Cash Flow	7.23M	6.49M	11.54M	11.22M	13.50M	1.68M
Investing Cash Flow	-13.04M	-17.35M	-455.35K	-9.27M	-2.50M	-757.95K
Financing Cash Flow	-1.28M	-1.29M	-1.35M	-1.44M	130.46K	-374.14K

Canterbury Park Holding Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 16.54
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CPHC, the sentiment is Negative. The current price of 16.54 is below the 20-day moving average (MA) of 16.85, below the 50-day MA of 17.81, and below the 200-day MA of 18.84, indicating a bearish trend. The MACD of -0.34 indicates Negative momentum. The RSI at 40.55 is Neutral, neither overbought nor oversold. The STOCH value of 17.38 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for CPHC.

Canterbury Park Holding Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
INSE	69 Neutral	$253.05M	4.32	-12.77%	―	-4.95%	―
Sector *	61 Neutral	$17.99B	12.87	-3.58%	2.97%	1.27%	-14.28%
CNTY	56 Neutral	$83.46M	―	-917.74%	―	-2.15%	-31.58%
GAN	51 Neutral		―		―	7.02%	74.19%
CPHC	49 Neutral	$84.12M	540.52	0.18%	1.69%	-3.26%	-95.81%
FLL	47 Neutral	$122.78M	―	-101.45%	―	8.24%	-43.10%
SEGG	―	$24.04M	―	-93.56%	―	―	―

Canterbury Park Holding Corporate Events

Canterbury Park Holding’s 2025 Annual Shareholders Meeting

Canterbury Park Holding Corporation will hold its 2025 Annual Meeting of Shareholders on June 5, 2025. During this meeting, the company’s management will present information that is not intended to be filed under the Securities Exchange Act of 1934, indicating a focus on internal shareholder communication rather than regulatory filing.