Cedar Fair, L.P. (FUN)
NYSE: FUN · IEX Real-Time Price · USD
44.25
-0.21 (-0.47%)
May 22, 2024, 4:00 PM EDT - Market closed

Cedar Fair Statistics

Total Valuation

Cedar Fair has a market cap or net worth of $2.27 billion. The enterprise value is $4.74 billion.

Market Cap 2.27B
Enterprise Value 4.74B

Important Dates

The last earnings date was Thursday, May 9, 2024, before market open.

Earnings Date May 9, 2024
Ex-Dividend Date Jun 5, 2024

Share Statistics

Cedar Fair has 51.25 million shares outstanding. The number of shares has decreased by -1.89% in one year.

Shares Outstanding 51.25M
Shares Change (YoY) -1.89%
Shares Change (QoQ) -1.18%
Owned by Insiders (%) 1.60%
Owned by Institutions (%) 66.12%
Float 50.26M

Valuation Ratios

The trailing PE ratio is 18.21 and the forward PE ratio is 12.91. Cedar Fair's PEG ratio is 3.72.

PE Ratio 18.21
Forward PE 12.91
PS Ratio 1.25
Forward PS 1.21
PB Ratio n/a
P/FCF Ratio 22.82
PEG Ratio 3.72
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 10.20, with an EV/FCF ratio of 47.66.

EV / Earnings 37.71
EV / Sales 2.61
EV / EBITDA 10.20
EV / EBIT 15.30
EV / FCF 47.66

Financial Position

The company has a current ratio of 0.45

Current Ratio 0.45
Quick Ratio 0.23
Debt / Equity n/a
Debt / EBITDA 5.39
Debt / FCF 25.20
Interest Coverage 2.15

Financial Efficiency

Return on equity (ROE) is -19.00% and return on invested capital (ROIC) is 12.97%.

Return on Equity (ROE) -19.00%
Return on Assets (ROA) 5.50%
Return on Capital (ROIC) 12.97%
Revenue Per Employee $34,227
Profits Per Employee $2,368
Employee Count 53,050
Asset Turnover 0.80
Inventory Turnover 18.28

Taxes

In the past 12 months, Cedar Fair has paid $39.72 million in taxes.

Income Tax 39.72M
Effective Tax Rate 24.02%

Stock Price Statistics

The stock price has decreased by -1.25% in the last 52 weeks. The beta is 1.42, so Cedar Fair's price volatility has been higher than the market average.

Beta (1Y) 1.42
52-Week Price Change -1.25%
50-Day Moving Average 41.06
200-Day Moving Average 39.49
Relative Strength Index (RSI) 65.80
Average Volume (30 Days) 196,493

Short Selling Information

The latest short interest is 2.93 million, so 5.72% of the outstanding shares have been sold short.

Short Interest 2.93M
Short Previous Month 3.02M
Short % of Shares Out 5.72%
Short % of Float 5.83%
Short Ratio (days to cover) 17.46

Income Statement

In the last 12 months, Cedar Fair had revenue of $1.82 billion and earned $125.64 million in profits. Earnings per share was $2.43.

Revenue 1.82B
Gross Profit 785.92M
Operating Income 302.83M
Pretax Income 165.36M
Net Income 125.64M
EBITDA 464.32M
EBIT 309.69M
Earnings Per Share (EPS) $2.43
Full Income Statement

Balance Sheet

The company has $35.13 million in cash and $2.50 billion in debt, giving a net cash position of -$2.47 billion or -$48.18 per share.

Cash & Cash Equivalents 35.13M
Total Debt 2.50B
Net Cash -2.47B
Net Cash Per Share -$48.18
Equity / Book Value -730.92M
Book Value Per Share -14.26
Working Capital -234.08M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $322.21 million and capital expenditures -$222.81 million, giving a free cash flow of $99.40 million.

Operating Cash Flow 322.21M
Capital Expenditures -222.81M
Free Cash Flow 99.40M
FCF Per Share $1.96
Full Cash Flow Statement

Margins

Gross margin is 43.28%, with operating and profit margins of 16.68% and 6.92%.

Gross Margin 43.28%
Operating Margin 16.68%
Pretax Margin 9.11%
Profit Margin 6.92%
EBITDA Margin 25.57%
EBIT Margin 17.06%
FCF Margin 5.47%

Dividends & Yields

This stock pays an annual dividend of $1.20, which amounts to a dividend yield of 2.71%.

Dividend Per Share $1.20
Dividend Yield 2.71%
Dividend Growth (YoY) 33.33%
Years of Dividend Growth 1
Payout Ratio 49.38%
Buyback Yield 1.89%
Shareholder Yield 4.61%
Earnings Yield 5.54%
FCF Yield 4.38%
Dividend Details

Analyst Forecast

The average price target for Cedar Fair is $49.64, which is 12.18% higher than the current price. The consensus rating is "Strong Buy".

Price Target $49.64
Price Target Difference 12.18%
Analyst Consensus Strong Buy
Analyst Count 11
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

The last stock split was on November 18, 1997. It was a forward split with a ratio of 2:1.

Last Split Date Nov 18, 1997
Split Type Forward
Split Ratio 2:1

Scores

Altman Z-Score n/a
Piotroski F-Score 8