Penn National Probability Of Bankruptcy

PENN
 Stock
  

USD 33.92  0.14  0.41%   

Penn National Gaming Probability Of Bankruptcy is used to show its chance of financial distress over the next two years of operations under current economic and market conditions. Penn National Gaming Probability Of Bankruptcy is determined by interpolating and adjusting Penn National Altman Z Score to account for off-balance-sheet items and missing or unfiled public information. All items used in analyzing the odds of distress are taken from the Penn National balance sheet as well as cash flow and income statements available from the company's most recent filings. Please check Penn National Piotroski F Score and Penn National Altman Z Score analysis.
  
Penn National Enterprise Value is quite stable at the moment as compared to the past year. The company's current Enterprise Value is estimated at 17.31 Billion. Invested Capital is expected to rise to about 25.9 B this year, although the value of Revenue Per Employee will most likely fall to about 213.9 K.

Penn National Probability Of Bankruptcy Analysis

Penn National's Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.
 2018 2019 2021 2022 (projected)
Free Cash Flow840.3 M501.6 M576.84 M464.68 M
Enterprise Value6.54 B13.95 B16.05 B17.31 B
Probability Of Bankruptcy 
 = 
Normalized 
 
Z-Score 
More About Probability Of Bankruptcy | All Equity Analysis

Current Penn National Probability Of Bankruptcy

    
  10%  
Most of Penn National's fundamental indicators, such as Probability Of Bankruptcy, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Penn National Gaming is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of Penn National probability of bankruptcy is based on Altman Z-Score and Piotroski F-Score, but not limited to these measures. To be applied to a broader range of industries and markets, we use several other techniques to enhance the accuracy of predicting Penn National odds of financial distress. These include financial statement analysis, different types of price predictions, earning estimates, analysis consensus, and basic intrinsic valuation. Please use the options below to get a better understanding of different measures that drive the calculation of Penn National Gaming financial health.
Is Penn National's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Penn National. If investors know Penn National will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Penn National listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
0.38
Market Capitalization
5.4 B
Quarterly Revenue Growth YOY
0.075
Return On Assets
0.0428
Return On Equity
0.0735
The market value of Penn National Gaming is measured differently than its book value, which is the value of Penn National that is recorded on the company's balance sheet. Investors also form their own opinion of Penn National's value that differs from its market value or its book value, called intrinsic value, which is Penn National's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Penn National's market value can be influenced by many factors that don't directly affect Penn National's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Penn National's value and its price as these two are different measures arrived at by different means. Investors typically determine Penn National value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Penn National's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Penn National Probability Of Bankruptcy Driver Correlations

Understanding the fundamental principles of building solid financial models for Penn National is extremely important. It helps to project a fair market value of Ford stock properly, considering its historical fundamentals such as Probability Of Bankruptcy. Since Penn National's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Penn National's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Penn National's interrelated accounts and indicators.
The Probability of Bankruptcy SHOULD NOT be confused with the actual chance of a company to file for chapter 7, 11, 12, or 13 bankruptcy protection. Macroaxis simply defines Financial Distress as an operational condition where a company is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from both public financial statements as well as analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors taken into account include analysis of liquidity, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
Compare to competition

Based on the latest financial disclosure, Penn National Gaming has a Probability Of Bankruptcy of 10.0%. This is 75.84% lower than that of the Hotels, Restaurants & Leisure sector and 79.77% lower than that of the Consumer Discretionary industry. The probability of bankruptcy for all United States stocks is 74.89% higher than that of the company.

Penn National Probability Of Bankruptcy Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Penn National's direct or indirect competition against its Probability Of Bankruptcy to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Penn National could also be used in its relative valuation, which is a method of valuing Penn National by comparing valuation metrics of similar companies.
Penn National is currently under evaluation in probability of bankruptcy category among related companies.

Penn National Main Bankruptcy Drivers

201720182019202020212022 (projected)
Return on Average Assets9.281.150.35(4.64)2.672.88
Gross Margin42.643.2444.5244.2747.846.69
Total Debt4.93 B4.79 B9.56 B11.33 B13.03 B14.06 B
Total Liabilities5.31 B10.23 B12.34 B12.01 B12.77 B13.78 B
Current Liabilities530.01 M738.44 M905.6 M860 M1.13 B1.22 B
Total Assets5.23 B10.96 B14.19 B14.67 B16.87 B18.2 B
Current Assets401.03 M677.66 M642.8 M2.08 B2.22 B2.4 B
Net Cash Flow from Operations459.08 M352.79 M703.9 M338.8 M896.1 M966.84 M
Weighted Average Shares90.85 M97.11 M115.7 M134 M158.7 M171.23 M
Weighted Average Shares Diluted93.38 M100.34 M117.8 M134 M175.5 M189.36 M

Penn National Fundamentals

About Penn National Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Penn National Gaming's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Penn National using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Penn National Gaming based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
PENN Entertainment, Inc., together with its subsidiaries, provides integrated entertainment, sports content, and casino gaming experiences in North America. PENN Entertainment, Inc. was founded in 1972 and is based in Wyomissing, Pennsylvania. Penn Entertainment operates under Resorts Casinos classification in the United States and is traded on NASDAQ Exchange. It employs 21973 people.

Penn National Investors Sentiment

The influence of Penn National's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Penn National. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to Penn National's public news can be used to forecast risks associated with investment in Penn National. The trend in average sentiment can be used to explain how an investor holding Penn National can time the market purely based on public headlines and social activities around Penn National Gaming. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Penn National's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Penn National's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Penn National's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Penn National.

Penn National Implied Volatility

    
  61.84  
Penn National's implied volatility exposes the market's sentiment of Penn National Gaming stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Penn National's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Penn National stock will not fluctuate a lot when Penn National's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Penn National in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Penn National's short interest history, or implied volatility extrapolated from Penn National options trading.

Currently Active Assets on Macroaxis

Please check Penn National Piotroski F Score and Penn National Altman Z Score analysis. You can also try Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

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When running Penn National Gaming price analysis, check to measure Penn National's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Penn National is operating at the current time. Most of Penn National's value examination focuses on studying past and present price action to predict the probability of Penn National's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Penn National's price. Additionally, you may evaluate how the addition of Penn National to your portfolios can decrease your overall portfolio volatility.
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Is Penn National's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Penn National. If investors know Penn National will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Penn National listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
0.38
Market Capitalization
5.4 B
Quarterly Revenue Growth YOY
0.075
Return On Assets
0.0428
Return On Equity
0.0735
The market value of Penn National Gaming is measured differently than its book value, which is the value of Penn National that is recorded on the company's balance sheet. Investors also form their own opinion of Penn National's value that differs from its market value or its book value, called intrinsic value, which is Penn National's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Penn National's market value can be influenced by many factors that don't directly affect Penn National's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Penn National's value and its price as these two are different measures arrived at by different means. Investors typically determine Penn National value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Penn National's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.