AI Spotlight on SIX
Company Description
Six Flags Entertainment Corporation owns and operates regional theme and waterparks under the Six Flags name.Its parks offer various thrill rides, water attractions, themed areas, concerts and shows, restaurants, game venues, and retail outlets.The company also sells food, beverages, merchandise, and other products and services within its parks.
As of February 28, 2022, the company operated 27 parks in the United States, Mexico, and Canada.The company was formerly known as Six Flags, Inc.and changed its name to Six Flags Entertainment Corporation in April 2010.
Six Flags Entertainment Corporation was founded in 1961 and is based in Arlington, Texas.
Market Data
Last Price | 32 |
Change Percentage | -3.44% |
Open | 32.82 |
Previous Close | 33.14 |
Market Cap ( Millions) | 2697 |
Volume | 4352505 |
Year High | 34.06 |
Year Low | 18.29 |
M A 50 | 27.1 |
M A 200 | 24.88 |
Financial Ratios
FCF Yield | 2.79% |
Dividend Yield | 1.36% |
ROE | 1.09% |
Debt / Equity | 4.27% |
Net Debt / EBIDTA | 66.31% |
Price To Book | 0.42 |
Price Earnings Ratio | 190.03 |
Price To FCF | 35.83 |
Price To sales | 1.84 |
EV / EBITDA | 8.86 |
News
- Dec -09 - Six Flags-Cedar Fair Merger Unlocks $200 Million In Synergies, Analyst Sees Big Growth Potential
- Dec -04 - Six Flags Entertainment: Positive Outlook After Q3 Hurricane Disruptions
- Nov -14 - Six Flags to Invest More Than $1 Billion Over the Next Two Years to Enhance Guest Experience
- Nov -11 - Richemont price target lowered to CHF 135 from CHF 155 at Telsey Advisory
- Nov -06 - Six Flags' revenue beats as theme-park operator says consumers flocked to its parks in October
- Nov -06 - Six Flags Entertainment Corporation Reports 2024 Third Quarter Results; Announces New Long-Range Strategic Objectives
- Aug -22 - Six Flags Entertainment: Merger Should Aid Legacy Six Flags' Weakness
- Aug -15 - Six Flags will open seven new roller coasters in 2025
- Aug -15 - Six Flags Unveils Exciting Lineup of Park Investments for 2025
- Jul -22 - Six Flags Eliminates Guest Surcharge Fee at Participating Legacy Six Flags Parks
- Jul -02 - Cedar Fair & Six Flags Merge to Create Six Flags Entertainment Corp. (FUN)
- Jul -02 - Six Flags-Cedar Fair merger creates largest amusement park operator in North America
- Jul -02 - Six Flags merges with Cedar Fair to become largest amusement park operator in North America
- Jul -01 - Six Flags & Cedar Fair Complete Merger In $8 Billion Deal, Creating Amusement Park Giant That Includes Knott's & Magic Mountain β Updated
- Jun -28 - Six Flags Launches Roblox Metaverse Experience With Rewards Program
- Jun -26 - Summertime Highs: 3 Stocks to Buy When it's Hot Outside
- Jun -26 - Cedar Fair and Six Flags Announce the Satisfaction of Regulatory Conditions for the Proposed Merger of Equals
- Jun -26 - Cedar Fair and Six Flags Announce the Satisfaction of Regulatory Conditions for the Proposed Merger of Equals
- Jun -24 - 7 Undervalued Stocks on the Cusp of a Triple-Digit Recovery
- Jun -19 - Strength Seen in Six Flags (SIX): Can Its 5.8% Jump Turn into More Strength?
Business Breakdown
Expected Mid-Term Growth
Segment nΒ°1 -> Park Admissions
Expected Growth : 3.5 %
What the company do ?
Park Admissions from Six Flags Entertainment Corporation refers to the revenue generated from ticket sales at its theme parks and water parks.
Why we expect these perspectives ?
The 3.5% growth in Park Admissions from Six Flags Entertainment Corporation is driven by increasing consumer spending on experiential activities, successful execution of pricing strategies, and investments in new attractions and technologies. Additionally, effective marketing campaigns and loyalty programs have contributed to higher attendance rates and per capita spending.
Segment nΒ°2 -> Park Food, Merchandise and Other
Expected Growth : 3.8 %
What the company do ?
Park Food, Merchandise and Other from Six Flags Entertainment Corporation refers to revenue generated from food, beverages, and merchandise sales, as well as other sources within the theme parks.
Why we expect these perspectives ?
Park Food growth driven by increased in-park spending, enhanced menu offerings, and strategic pricing. Merchandise growth fueled by new product lines, improved retail operations, and higher per-capita spending. Other revenue growth attributed to increased sponsorship and advertising sales, as well as growth in our events business.
Segment nΒ°3 -> Sponsorship, International Agreements and Accommodations
Expected Growth : 4.2 %
What the company do ?
Sponsorship: Partnerships with brands, International Agreements: Collaborations with global entities, Accommodations: On-site hotels and resorts from Six Flags Entertainment Corporation.
Why we expect these perspectives ?
Six Flags Entertainment Corporation's 4.2% growth is driven by increased sponsorship deals with prominent brands, strategic international agreements expanding its global footprint, and upgraded accommodations enhancing the overall customer experience, resulting in higher revenue and attendance.
Six Flags Entertainment Corporation Products
Product Range | What is it ? |
---|---|
Theme Park Admissions | General admission tickets to access Six Flags theme parks, including access to rides, shows, and attractions. |
Season Passes | Annual passes granting unlimited access to Six Flags theme parks for a year, with options for add-ons like parking and dining plans. |
Membership Program | A monthly subscription-based program offering perks like unlimited visits, free parking, and discounts on food and merchandise. |
Catered Events and Group Outings | Customizable event packages for groups, including catering, private areas, and activities. |
Cabana Rentals | Luxury cabanas offering VIP amenities like food and beverage service, private seating, and personalized concierge. |
Dining and Merchandise | Food, beverages, and souvenirs available throughout Six Flags theme parks. |
Six Flags Entertainment Corporation's Porter Forces
Threat Of Substitutes
The threat of substitutes for Six Flags Entertainment Corporation is medium. While there are some substitutes for theme parks, such as beaches, museums, and other recreational activities, they are not perfect substitutes. The unique experiences and attractions offered by Six Flags theme parks make them difficult to replace.
Bargaining Power Of Customers
The bargaining power of customers for Six Flags Entertainment Corporation is low. Individual customers have limited bargaining power, and the company has a large customer base, which reduces the impact of individual customer decisions.
Bargaining Power Of Suppliers
The bargaining power of suppliers for Six Flags Entertainment Corporation is low. The company has a diverse supplier base, and no single supplier has significant bargaining power. Additionally, the company's large scale of operations gives it negotiating power over its suppliers.
Threat Of New Entrants
The threat of new entrants for Six Flags Entertainment Corporation is low. The theme park industry has high barriers to entry, including significant capital requirements, regulatory hurdles, and the need for specialized expertise. These barriers make it difficult for new entrants to join the market.
Intensity Of Rivalry
The intensity of rivalry for Six Flags Entertainment Corporation is high. The theme park industry is highly competitive, with several large players competing for market share. The company faces intense competition from other theme park operators, such as Disney, Universal, and Cedar Fair.
Capital Structure
Value | |
---|---|
Debt Weight | 0.00% |
Debt Cost | 7.70% |
Equity Weight | 100.00% |
Equity Cost | 14.95% |
WACC | 14.95% |
Leverage | 0.00% |
Six Flags Entertainment Corporation : Quality Control
Six Flags Entertainment Corporation passed 2 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
Company | Rational |
---|---|
PLNT | Planet Fitness, Inc., together with its subsidiaries, franchises and operates fitness centers under the Planet Fitness brand. It operates through Franchise, Corporate-Owned Stores, and Equipment segments. The Franchise segment is β¦ |
MAT | Mattel, Inc., a children's entertainment company, designs and produces toys and consumer products worldwide. The company operates through North America, International, and American Girl segments. It offers dolls and accessories, β¦ |
PRKS | United Parks & Resorts Inc., together with its subsidiaries, operates as a theme park and entertainment company in the United States. It operates SeaWorld theme parks in Orlando, Florida; San β¦ |
YETI | YETI Holdings, Inc. designs, markets, retails, and distributes products for the outdoor and recreation market under the YETI brand. The company offers hard and soft coolers, as well as cargo, β¦ |
HAS | Hasbro, Inc., together with its subsidiaries, operates as a play and entertainment company. Its Consumer Products segment engages in the sourcing, marketing, and sale of toy and game products. This β¦ |