Canterbury Park EBITDA vs. Current Valuation

CPHC Stock  USD 20.98  0.48  2.34%   
Taking into consideration Canterbury Park's profitability measurements, Canterbury Park Holding is performing exceptionally good at the present time. It has a great chance to showcase excellent profitability results in January. Profitability indicators assess Canterbury Park's ability to earn profits and add value for shareholders.
 
EBITDA  
First Reported
2010-12-31
Previous Quarter
8.3 M
Current Value
5.2 M
Quarterly Volatility
5.1 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
At present, Canterbury Park's Days Sales Outstanding is projected to increase significantly based on the last few years of reporting. The current year's Operating Cash Flow Sales Ratio is expected to grow to 0.20, whereas EV To Sales is forecasted to decline to 0.70. At present, Canterbury Park's Net Income is projected to increase significantly based on the last few years of reporting. The current year's Income Tax Expense is expected to grow to about 4.6 M, whereas Net Income From Continuing Ops is forecasted to decline to about 5.4 M.
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.510.3283
Way Up
Very volatile
For Canterbury Park profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Canterbury Park to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Canterbury Park Holding utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Canterbury Park's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Canterbury Park Holding over time as well as its relative position and ranking within its peers.
  

Canterbury Park's Revenue Breakdown by Earning Segment

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Is Hotels, Restaurants & Leisure space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Canterbury Park. If investors know Canterbury will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Canterbury Park listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.94)
Earnings Share
0.98
Revenue Per Share
12.525
Quarterly Revenue Growth
(0.01)
Return On Assets
0.0318
The market value of Canterbury Park Holding is measured differently than its book value, which is the value of Canterbury that is recorded on the company's balance sheet. Investors also form their own opinion of Canterbury Park's value that differs from its market value or its book value, called intrinsic value, which is Canterbury Park's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Canterbury Park's market value can be influenced by many factors that don't directly affect Canterbury Park's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Canterbury Park's value and its price as these two are different measures arrived at by different means. Investors typically determine if Canterbury Park is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Canterbury Park's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Canterbury Park Holding Current Valuation vs. EBITDA Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Canterbury Park's current stock value. Our valuation model uses many indicators to compare Canterbury Park value to that of its competitors to determine the firm's financial worth.
Canterbury Park Holding is number one stock in ebitda category among its peers. It also is the top company in current valuation category among its peers reporting about  10.08  of Current Valuation per EBITDA. At present, Canterbury Park's EBITDA is projected to increase significantly based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Canterbury Park's earnings, one of the primary drivers of an investment's value.

Canterbury Current Valuation vs. EBITDA

EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.

Canterbury Park

EBITDA

 = 

Revenue

-

Basic Expenses

 = 
8.31 M
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.

Canterbury Park

Enterprise Value

 = 

Market Cap + Debt

-

Cash

 = 
83.78 M
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.

Canterbury Current Valuation vs Competition

Canterbury Park Holding is the top company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Consumer Discretionary industry is currently estimated at about 1.19 Billion. Canterbury Park holds roughly 83.78 Million in current valuation claiming about 7% of stocks in Consumer Discretionary industry.

Canterbury Park Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Canterbury Park, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Canterbury Park will eventually generate negative long term returns. The profitability progress is the general direction of Canterbury Park's change in net profit over the period of time. It can combine multiple indicators of Canterbury Park, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Operating Income11.5 M12.1 M
Net Income10.6 M11.1 M
Income Tax Expense4.4 M4.6 M
Income Before Tax15 M15.7 M
Total Other Income Expense Net3.5 M3.7 M
Net Income Applicable To Common Shares8.6 M9.1 M
Net Income From Continuing Ops10.6 M5.4 M
Interest IncomeM2.1 M
Net Interest IncomeM2.1 M
Non Operating Income Net Other-592.1 K-562.5 K
Change To Netincome2.1 M2.2 M
Net Income Per Share 2.15  2.25 
Income Quality 1.09  1.04 
Net Income Per E B T 0.71  0.40 

Canterbury Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Canterbury Park. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Canterbury Park position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Canterbury Park's important profitability drivers and their relationship over time.

Use Canterbury Park in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Canterbury Park position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Canterbury Park will appreciate offsetting losses from the drop in the long position's value.

Canterbury Park Pair Trading

Canterbury Park Holding Pair Trading Analysis

The ability to find closely correlated positions to Canterbury Park could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Canterbury Park when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Canterbury Park - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Canterbury Park Holding to buy it.
The correlation of Canterbury Park is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Canterbury Park moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Canterbury Park Holding moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Canterbury Park can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Canterbury Park position

In addition to having Canterbury Park in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Alcohol
Alcohol Theme
Companies involved in production and distribution of wines and alcoholic beverages. The Alcohol theme has 37 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Alcohol Theme or any other thematic opportunities.
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When determining whether Canterbury Park Holding offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Canterbury Park's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Canterbury Park Holding Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Canterbury Park Holding Stock:
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You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
To fully project Canterbury Park's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Canterbury Park Holding at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Canterbury Park's income statement, its balance sheet, and the statement of cash flows.
Potential Canterbury Park investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Canterbury Park investors may work on each financial statement separately, they are all related. The changes in Canterbury Park's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Canterbury Park's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.