PENN NATL GAMING
PENN NATL GAMING operates in Diversified Metals & Mining.
PENN NATL GAMING (PN1) - Net Assets
Latest net assets as of September 2024: €3.06 Billion EUR
Based on the latest financial reports, PENN NATL GAMING (PN1) has net assets worth €3.06 Billion EUR as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€15.51 Billion) and total liabilities (€12.45 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €3.06 Billion |
| % of Total Assets | 19.73% |
| Annual Growth Rate | N/A |
| 5-Year Change | 72.77% |
| 10-Year Change | N/A |
| Growth Volatility | 60.37 |
PENN NATL GAMING - Net Assets Trend (2016–2023)
This chart illustrates how PENN NATL GAMING's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for PENN NATL GAMING (2016–2023)
The table below shows the annual net assets of PENN NATL GAMING from 2016 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | €3.20 Billion | -11.04% |
| 2022-12-31 | €3.60 Billion | -12.22% |
| 2021-12-31 | €4.10 Billion | +54.27% |
| 2020-12-31 | €2.66 Billion | +43.41% |
| 2019-12-31 | €1.85 Billion | +153.26% |
| 2018-12-31 | €731.22 Million | +1099.67% |
| 2017-12-31 | €-73.15 Million | +86.54% |
| 2016-12-31 | €-543.32 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to PENN NATL GAMING's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 118978100000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €3.54 Billion | 110.48% |
| Total Equity | €3.20 Billion | 100.00% |
PENN NATL GAMING Competitors by Market Cap
The table below lists competitors of PENN NATL GAMING ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
STRAIT MINERALS
F:S5G
|
$118.29K |
|
Piscines Jean Desjoyaux
BE:DJX
|
$118.30K |
|
Wealth Invest HP Invest Lange DK Obl KL
CO:WEIHPILDKOBLKL
|
$118.31K |
|
Terra Income Fund 6, LLC 7.00%
NYSE:TFSA
|
$118.36K |
|
Endymed
TA:ENDY
|
$118.10K |
|
Bain Capital Specialty Finance Inc
NYSE:BCSF
|
$118.10K |
|
PHOENIX BEVERAGES LTD
SEM:PBL
|
$118.09K |
|
Targeted Microwave Solutions Inc
PINK:TGTMF
|
$118.02K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in PENN NATL GAMING's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 3,597,700,000 to 3,202,100,000, a change of -395,600,000 (-11.0%).
- Net loss of 490,000,000 reduced equity.
- Share repurchases of 149,800,000 reduced equity.
- Other factors increased equity by 244,200,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-490.00 Million | -15.3% |
| Share Repurchases | €149.80 Million | -4.68% |
| Other Changes | €244.20 Million | +7.63% |
| Total Change | €- | -11.00% |
Book Value vs Market Value Analysis
This analysis compares PENN NATL GAMING's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.60x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €-0.80 | €12.54 | x |
| 2018-12-31 | €6.27 | €12.54 | x |
| 2019-12-31 | €15.98 | €12.54 | x |
| 2020-12-31 | €17.06 | €12.54 | x |
| 2021-12-31 | €24.07 | €12.54 | x |
| 2022-12-31 | €23.43 | €12.54 | x |
| 2023-12-31 | €21.05 | €12.54 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently PENN NATL GAMING utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -15.30%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -7.70%
- • Asset Turnover: 0.40x
- • Equity Multiplier: 5.02x
- Recent ROE (-15.30%) is below the historical average (-1.11%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 0.00% | 3.60% | 0.61x | 0.00x | €163.64 Million |
| 2017 | 0.00% | 15.04% | 0.60x | 0.00x | €480.78 Million |
| 2018 | 12.79% | 2.61% | 0.33x | 14.99x | €20.40 Million |
| 2019 | 2.37% | 0.83% | 0.37x | 7.66x | €-141.37 Million |
| 2020 | -25.21% | -18.71% | 0.24x | 5.52x | €-935.12 Million |
| 2021 | 10.27% | 7.13% | 0.35x | 4.12x | €11.02 Million |
| 2022 | 6.17% | 3.47% | 0.37x | 4.86x | €-137.67 Million |
| 2023 | -15.30% | -7.70% | 0.40x | 5.02x | €-810.21 Million |
Industry Comparison
This section compares PENN NATL GAMING's net assets metrics with peer companies in the Other industry.
Industry Context
- Industry: Other
- Average net assets among peers: $107,279,526,363
- Average return on equity (ROE) among peers: 7.07%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| PENN NATL GAMING (PN1) | €3.06 Billion | 0.00% | 4.07x | $118.23K |
| HORIBA (01H) | $204.49 Billion | 10.42% | 0.82x | $973.51K |
| Tokyu Corporation (01T) | $747.05 Billion | 9.38% | 2.03x | $93.98K |
| GUANGZHOU AUTO -H- (02G) | $77.92 Billion | 13.99% | 0.70x | $4.23K |
| MOSAIC (02M) | $9.37 Billion | -11.39% | 1.06x | $267.55K |
| MOSAIC (02M.SG) (02M) | $10.72 Billion | 9.59% | 0.71x | $264.31K |
| CHINA JO-JO DRGSTRS (04CN.SG) (04CN) | $22.74 Million | -14.04% | 3.68x | $1.51 Million |
| KRAKATAU STEEL -B- (07K) | $587.19 Million | 7.57% | 5.43x | $166.88 |
| CN MODERN DAIRY (07M.SG) (07M) | $8.04 Billion | 9.58% | 0.94x | $1.66K |
| TOURMALINE OIL (08T) | $13.69 Billion | 32.78% | 0.38x | $376.57K |
| ASIA CASSAVA RESOUR (0ACS) | $913.15 Million | 2.86% | 1.55x | $343.89 |