Golden Entertainment, Inc. and its wholly-owned subsidiaries own and operate a diversified entertainment platform, consisting of a portfolio of gaming assets that focus on casino and branded tavern operations. The Company’s portfolio comprises eight casino properties located in Nevada and 72 branded taverns targeting local patrons located primarily in the greater Las Vegas, Nevada metropolitan area. Unless otherwise indicated, the term the “Company” refers to Golden Entertainment, Inc. together with its subsidiaries. As of March 31, 2025, the Company conducted its business through three reportable segments: Nevada Casino Resorts, Nevada Locals Casinos and Nevada Taverns.
Strategic Resizing | Explore Golden Entertainment's portfolio downsizing and its impact on margins, scale, and market positioning in the competitive Nevada gaming landscape |
Financial Headwinds | Delve into GDEN's recent EBITDA misses, challenges in the lower-end customer segment, and the company's strategies to navigate macroeconomic pressures |
Growth Initiatives | Discover GDEN's focus on new taverns, Atomic Golf concept, and property renovations aimed at driving future EBITDA growth and enhancing shareholder value |
Valuation Insights | Analysts set price targets of $35-$36, with GDEN trading at 7.3x 2025E EBITDA vs. peer average of 7.6x, suggesting potential upside amid real estate value |
Metrics to compare | GDEN | Sector Sector - Average of metrics from a broad group of related Consumer Cyclicals sector companies | Relationship RelationshipGDENPeersSector | |
---|---|---|---|---|
P/E Ratio | 66.6x | 16.0x | 11.2x | |
PEG Ratio | −0.71 | −0.24 | 0.02 | |
Price/Book | 1.6x | 3.2x | 1.4x | |
Price / LTM Sales | 1.1x | 1.5x | 0.9x | |
Upside (Analyst Target) | 20.5% | 16.8% | 18.3% | |
Fair Value Upside | Unlock | 10.6% | 8.7% | Unlock |