SIX

Six Flags Entertainment Corp

Consumer


Presented:08/04/2017
Price:$56.28
Cap:$5.00B
Current Price:$32.00
Cap:$2.70B

Presented

Date08/04/2017
Price$56.28
Market Cap$5.00B
Ent Value$7.78B
P/E Ratio52.6x
Book ValueN/A
Div Yield4.55%
Shares O/S88.83M
Ave Daily Vol1,171,183
Short Int7.49%

Current

Price$32.00
Market Cap$2.70B
Six Flags Entertainment Corp. engages in the business of operating regional theme parks. It operates under the brand name Six Flags, which offers thrill rides, water attractions, themed areas, concerts and shows, restaurants, game venues and retail outlets. The company was founded by Angus Wynne in 1961 and is headquartered in Grand Prairie, TX.

Publicly traded companies mentioned herein: Six Flags Entertainment Corp (SIX)

Highlights

The presenter is short shares of Six Flags (SIX), stating SIX’s valuation is too high when upcoming competitive risks and changes in tax dynamics are considered. Per his model, SIX will generate $2.75 of FCF per share in 2020, and he thinks SIX shares are more fairly valued at the mid- to high-$40s range on a 17.5x multiple, as opposed to the $55 - $60 range it currently trades at.

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Idea Discussion

Commentor 1 - 2 weeks ago

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