Golden Entertainment, Inc.

Golden Entertainment, Inc.

GDENยทNASDAQ

$28.55

+0.0000%
Consumer CyclicalGambling, Resorts & Casinos

Golden Entertainment, Inc., together with its subsidiaries, engages in the ownership and operation of a diversified entertainment platform in the United States. The company operates through four segments: Nevada Casino Resorts, Nevada Locals Casinos, Maryland Casino Resort, and Distributed Gaming. The Nevada Casino Resorts segment comprises of destination casino resort properties that include various food and beverage outlets, entertainment venues, and other amenities. The Nevada Locals Casinos segment consists of casino properties that cater to local customers. The Maryland Casino Resort segment operates Rocky Gap casino resort, including various food and beverage outlets, signature golf course, spa, and pool. The Distributed Gaming segment operates slot machines and amusement devices in non-casino locations, such as restaurants, bars, taverns, convenience stores, liquor stores, and grocery stores. As of February 17, 2022, the company operated approximately 16,900 slots, 120 table games, and 6,200 hotel rooms; 10 casinos; and video gaming devices at 1,100 locations, as well as owned 60 traditional taverns. The company was formerly known as Lakes Entertainment, Inc. and changed its name to Golden Entertainment, Inc. in July 2015. Golden Entertainment, Inc. was incorporated in 1998 and is headquartered in Las Vegas, Nevada.

At a Glance

Live Snapshot
Market Cap$753.69M
EPS-0.2300
P/E Ratio-118.26
Earnings Date05/14/2026
Golden Entertainment, Inc.

Golden Entertainment, Inc. Fair Value Envelope

GDEN ยท NASDAQ

Our analysis suggests that GDEN has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $28.55, this represents a potential HIDDEN relative to our calculated worth for Golden Entertainment, Inc..

Intrinsic Value
Current Price: $28.55

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

$
%
$
%
$
$

Projection Settings

Forecast period and terminal assumptions

%
%

DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value$334.2M
+ Cash & Equivalents$55.3M
Firm Value$389.5M
- Debt$587.4M
Equity Value-$197.8M
/ Shares Outstanding26,173,983B
DCF Value-$8
OVERVALUED BY 126%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
$69.6M
$58.4M
$48.9M
$41.0M
$34.4M
$28.8M
$24.2M
$20.3M
$17.0M
$14.2M
Maintenance CapEx
-$8.0M
-$6.7M
-$5.6M
-$4.7M
-$3.9M
-$3.3M
-$2.8M
-$2.3M
-$1.9M
-$1.6M
Owner Earnings
$61.7M
$51.7M
$43.3M
$36.3M
$30.5M
$25.5M
$21.4M
$17.9M
$15.0M
$12.6M
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$57.1M
$44.3M
$34.4M
$26.7M
$20.7M
$16.1M
$12.5M
$9.7M
$7.5M
$5.8M
Terminal Value represents 29.7% of Enterprise Value