Compoundeer Logo
COMPOUNDEER
Uncovering Potential
RankingCompaniesDCF
ACEL Logo

Accel Entertainment, Inc.

ACEL

Services-Amusement & Recreation Services

Mkt Cap

$946.3M

PE

20.75

Debt

$573.9M

Cash

$261.6M

EV

$1.259B

FCF

$50.79M

Market Cap

$946.3M

P/E Ratio

20.75

Debt

$573.9M

Cash

$261.6M

EV

$1.259B

FCF

$50.79M
Charts data: {"Earnings":[{"time":"2017-12-30","value":-376372},{"time":"2018-12-30","value":6865501},{"time":"2019-12-30","value":-5864000},{"time":"2020-12-30","value":-12984000},{"time":"2021-12-30","value":31559000},{"time":"2022-12-30","value":74102000},{"time":"2023-12-30","value":45603000}],"Sales":[{"time":"2017-12-30","value":0},{"time":"2018-12-30","value":0},{"time":"2019-12-30","value":424385000},{"time":"2020-12-30","value":316352000},{"time":"2021-12-30","value":734707000},{"time":"2022-12-30","value":969797000},{"time":"2023-12-30","value":1170420000}],"Net Margins":[{"time":"2019-12-30","value":-0.013817641999599421},{"time":"2020-12-30","value":-0.04104288893384584},{"time":"2021-12-30","value":0.04295453833977354},{"time":"2022-12-30","value":0.07640980535101675},{"time":"2023-12-30","value":0.038962936381811655}],"Assets":[{"time":"2017-12-30","value":450506795},{"time":"2018-12-30","value":457467378},{"time":"2019-12-30","value":509317000},{"time":"2020-12-30","value":560241000},{"time":"2021-12-30","value":616073000},{"time":"2022-12-30","value":862769000},{"time":"2023-12-30","value":912893000}],"Stockholders Equity":[{"time":"2017-12-30","value":5000005},{"time":"2018-12-30","value":5000006},{"time":"2019-12-30","value":85525000},{"time":"2020-12-30","value":127884000},{"time":"2021-12-30","value":158461000},{"time":"2022-12-30","value":178590000},{"time":"2023-12-30","value":198404000}],"ROE":[{"time":"2017-12-30","value":-0.07527432472567527},{"time":"2018-12-30","value":1.3730985522817372},{"time":"2019-12-30","value":-0.06856474714995615},{"time":"2020-12-30","value":-0.101529511119452},{"time":"2021-12-30","value":0.19915941461937006},{"time":"2022-12-30","value":0.4149280474830618},{"time":"2023-12-30","value":0.22984919658877845}],"ROA":[{"time":"2017-12-30","value":0.017155408277471154},{"time":"2018-12-30","value":0.015007629680645776},{"time":"2019-12-30","value":0.02618408574620521},{"time":"2020-12-30","value":-0.04405068533006331},{"time":"2021-12-30","value":0.11393454996404646},{"time":"2022-12-30","value":0.11226063986999997},{"time":"2023-12-30","value":0.11765562886340458}]}

Accel Entertainment, Inc., together with its subsidiaries, operates as a distributed gaming operator in the United States. It is involved in the installation, maintenance, and operation of gaming terminals; redemption devices that disburse winnings and contain automated teller machine (ATM) functionality; and other amusement devices in authorized non-casino locations, such as restaurants, bars, taverns, convenience stores, liquor stores, truck stops, and grocery stores. The company also provides gaming solutions to location partners that appeal to players who patronize those businesses. In addition, it operates stand-alone ATMs in gaming and non-gaming locations, as well as amusement devices, including jukeboxes, dartboards, pool tables, and other related entertainment equipment. The company is headquartered in Burr Ridge, Illinois.

Sector

  • BOWL Logo

    BOWL

  • EDR Logo

    EDR

  • LYV Logo

    LYV

Growth

%

%

Discount

%

%

Multiple

g\r+10%+11%+12%+13%+14%
0%109887
+1%1110988
+2%13111098
+3%141311109
+4%1714121110
Years012345678910TV
FCF$50.79M$66.02M$83.99M$104.5M$127.2M$151.2M$175.6M$199M$220M$237.1M$248.9M$2.489B
DCF$57.41M$63.51M$68.73M$72.71M$75.17M$75.9M$74.8M$71.91M$67.39M$61.53M$615.3M
Value$1.304B

In the chart Earnings are multiplied by this value.

Earnings Growth 87%
Earnings Stability 20%


Competitiveness and MOAT

High margins render the company resilient under dire circumstances, hence able to drive competitors out or acquire them. ROE and ROA measure the average flow generated by each invested dollar. Their marginal value is a forecast of future growth, and it is considered by Buffett and Munger the most important single indicator.

Years12-201712-201812-201912-202012-202112-202212-2023TTM
Net Margin---1.4%-4.1%4.3%7.6%3.9%3.9%
ROA1.7%1.5%2.6%-4.4%11%11%12%12%
ROE-7.5%140%-6.9%-10%20%41%23%23%

What is the average Net Margin?

The average Net Margin over the past 5 years is +2.07%.

What is the trend of Net Margin?

The trend of Net Margin over the past 5 years is +2.23%.

What is the average Return on Assets (ROA)?

The average ROA over the past 5 years is +5.68%.

What is the trend of Return on Assets (ROA)?

The trend of ROA over the past 5 years is +2.66%.

What is the average Return on Equity (ROE)?

The average ROE over the past 5 years is +34.12%.

What is the trend of Return on Equity (ROE)?

The trend of ROE over the past 5 years is -11.33%.


Safety & Stabiliy

Being debt the number one cause of investment losses and company death, the ratio Debt/FCF is of utmost importance to guarantee safety. On the other hand the Graham’s stability measures the drawdown of earnings, hence indicating the reliability of the flow generated by the company.

Years12-201712-201812-201912-202012-202112-202212-2023TTM
Debt FCF--12.7715.08-12.414.549.3811.3011.30
Debt Equity-59.024.372.862.323.192.892.89
MIN
Graham Stability----6.2K%-100%100%-6.2K%

What is the Debt/FCF?

The Debt/FCF trailing twelve month is 11.30.

What is the trend of Debt/FCF?

The trend of Debt/FCF over the past 5 years is 3.44.

What is the Graham’s Stability?

Graham’s Stability measure stands at -62.31.


Growth

Growth can be dangerous when forecasting, simply projecting the current growth is in general wrong. A company passes through multiple phases, from being young and unprofitable, to the first periods of profitability and high growth, until it arrives at a period of regime with limited growth. Identifying in which phase the company is in may help forecasting.

Years12-201812-202012-2022Trend
Revenue-55%21%3.8%
Net Income46%--38%-170%
Stockholders Equity110%16%11%-140%
FCF---16%8.9%

What is the 5 year Revenue CAGR?

The Revenue CAGR over the past 5 years is -.

What is the trend of Revenue growth?

The trend of Revenue growth rate over the past 5 years is +3.82%.

What is the 5 year Earnings CAGR?

The Earnings CAGR over the past 5 years is +46.04%.

What is the trend of Earnings growth?

The trend of Earnings growth rate over the past 5 years is -173.26%.

What is the 5 year Equity CAGR?

The Equity CAGR over the past 5 years is +108.79%.

What is the trend of Equity growth?

The trend of Equity growth rate over the past 5 years is -136.1%.

What is the 5 year FCF CAGR?

The FCF CAGR over the past 5 years is -.

What is the trend of FCF growth?

The trend of FCF growth rate over the past 5 years is +8.94%.