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1.74 (1y: -39%)
Market Cap 55.14 M P/E(ttm) 23.80
Enterprise Value 97.01 M P/B 0.50
DDE- NYSE (USA)
Dover Downs Gaming & Entertainment, Inc.
  • Currently 1/5
Business Predictability Rank: 1-Star (On Watch)
Back Testing Results:
Average gain of all 1-Star stocks: 1.1% per year.
% of Stocks that are in still loss if held for 10yrs: 45%.
Read more:
What is Predictability Rank?
Performances of real portfolio
Top Ranked Predictable Companies
$1.74
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GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 6/10

vs
industry		 vs
history
Cash to Debt 0.256
DDE's Cash to Debt is ranked lower than
64% of the 343 Companies
in the Global Gambling industry.

( Industry Median: 1.78 vs. DDE: 0.256 )
DDE' s 10-Year Cash to Debt Range
Min: 0.17   Max: No Debt
Current: 0.26
Equity to Asset 0.553
DDE's Equity to Asset is ranked higher than
63% of the 343 Companies
in the Global Gambling industry.

( Industry Median: 0.46 vs. DDE: 0.553 )
DDE' s 10-Year Equity to Asset Range
Min: 0.4   Max: 0.76
Current: 0.55
0.4
0.76
Interest Coverage 5.7
DDE's Interest Coverage is ranked lower than
62% of the 343 Companies
in the Global Gambling industry.

( Industry Median: 33.40 vs. DDE: 5.7 )
DDE' s 10-Year Interest Coverage Range
Min: 4   Max: No Debt
Current: 5.7
F-Score: 6
Z-Score: 2.38
M-Score: -2.29
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 4/10

vs
industry		 vs
history
Operating margin (%) 4.50
DDE's Operating margin (%) is ranked lower than
62% of the 343 Companies
in the Global Gambling industry.

( Industry Median: 8.60 vs. DDE: 4.50 )
DDE' s 10-Year Operating margin (%) Range
Min: 4.5   Max: 20.2
Current: 4.5
4.5
20.2
Net-margin (%) 2.1
DDE's Net-margin (%) is ranked lower than
57% of the 343 Companies
in the Global Gambling industry.

( Industry Median: 4.30 vs. DDE: 2.1 )
DDE' s 10-Year Net-margin (%) Range
Min: 2.1   Max: 12
Current: 2.1
2.1
12
ROE (%) 4.2
DDE's ROE (%) is ranked higher than
51% of the 343 Companies
in the Global Gambling industry.

( Industry Median: 5.20 vs. DDE: 4.2 )
DDE' s 10-Year ROE (%) Range
Min: 4.2   Max: 32.8
Current: 4.2
4.2
32.8
ROA (%) 2.3
DDE's ROA (%) is ranked lower than
52% of the 343 Companies
in the Global Gambling industry.

( Industry Median: 3.20 vs. DDE: 2.3 )
DDE' s 10-Year ROA (%) Range
Min: 2.3   Max: 17
Current: 2.3
2.3
17
ROC (Joel Greenblatt) (%) 6.20
DDE's ROC (Joel Greenblatt) (%) is ranked lower than
57% of the 343 Companies
in the Global Gambling industry.

( Industry Median: 12.00 vs. DDE: 6.20 )
DDE' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: 6.2   Max: 38.5
Current: 6.2
6.2
38.5
Revenue Growth (%) -0.9
DDE's Revenue Growth (%) is ranked higher than
77% of the 343 Companies
in the Global Gambling industry.

( Industry Median: -0.45 vs. DDE: -0.9 )
DDE' s 10-Year Revenue Growth (%) Range
Min: -0.9   Max: 10.9
Current: -0.9
-0.9
10.9
EBITDA Growth (%) -11.5
DDE's EBITDA Growth (%) is ranked higher than
73% of the 343 Companies
in the Global Gambling industry.

( Industry Median: -0.60 vs. DDE: -11.5 )
DDE' s 10-Year EBITDA Growth (%) Range
Min: -16   Max: 17.2
Current: -11.5
-16
17.2
EPS Growth (%) -19.1
DDE's EPS Growth (%) is ranked higher than
68% of the 343 Companies
in the Global Gambling industry.

( Industry Median: 4.10 vs. DDE: -19.1 )
DDE' s 10-Year EPS Growth (%) Range
Min: -28.4   Max: 18
Current: -19.1
-28.4
18
» DDE's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades
Q2 2012

DDE Guru Trades in Q2 2012

Jim Simons 242,600 sh (+6.31%)
Private Capital 1,809,513 sh (-0.17%)
Mario Gabelli 151,490 sh (-3.13%)
» More
Q3 2012

DDE Guru Trades in Q3 2012

Jim Simons 251,800 sh (+3.79%)
Mario Gabelli 155,454 sh (+2.62%)
Private Capital 1,778,413 sh (-1.72%)
» More
Q4 2012

DDE Guru Trades in Q4 2012

Jim Simons 251,500 sh (-0.12%)
Private Capital 1,757,590 sh (-1.17%)
Mario Gabelli 151,490 sh (-2.55%)
» More
Q1 2013

DDE Guru Trades in Q1 2013

Mario Gabelli 150,490 sh (-0.66%)
Jim Simons 248,000 sh (-1.39%)
Private Capital 1,706,962 sh (-2.88%)
» More
» Details

Insider Trades

Latest Guru Trades with DDE

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Mario Gabelli 2011-03-31 Reduce -71.88%$3.4 - $3.81 $ 1.74-51%170171
Mario Gabelli 2010-09-30 Add 71.72%$2.88 - $3.54 $ 1.74-47%609542
Private Capital 2010-06-30 Add 20.11%0.06%$2.74 - $4.19 $ 1.74-51%1714090
Mario Gabelli 2010-06-30 Reduce -42.74%$2.74 - $4.19 $ 1.74-51%354965
Premium More recent guru trades are included for Premium Members only!!

Ratios

vs
industry		 vs
history
P/E(ttm) 23.80
DDE's P/E(ttm) is ranked higher than
90% of the 343 Companies
in the Global Gambling industry.

( Industry Median: 22.88 vs. DDE: 23.80 )
DDE' s 10-Year P/E(ttm) Range
Min: 3.88   Max: 31.1
Current: 23.8
3.88
31.1
P/B 0.50
DDE's P/B is ranked higher than
87% of the 343 Companies
in the Global Gambling industry.

( Industry Median: 1.58 vs. DDE: 0.50 )
DDE' s 10-Year P/B Range
Min: 0.49   Max: 9.58
Current: 0.5
0.49
9.58
P/S 0.26
DDE's P/S is ranked higher than
86% of the 343 Companies
in the Global Gambling industry.

( Industry Median: 1.18 vs. DDE: 0.26 )
DDE' s 10-Year P/S Range
Min: 0.26   Max: 3.01
Current: 0.26
0.26
3.01
PFCF 7.91
DDE's PFCF is ranked higher than
90% of the 343 Companies
in the Global Gambling industry.

( Industry Median: 17.69 vs. DDE: 7.91 )
DDE' s 10-Year PFCF Range
Min: 3.86   Max: 132.91
Current: 7.91
3.86
132.91
EV-to-EBIT 17.45
DDE's EV-to-EBIT is ranked higher than
91% of the 343 Companies
in the Global Gambling industry.

( Industry Median: 17.60 vs. DDE: 17.45 )
DDE' s 10-Year EV-to-EBIT Range
Min: 4.3   Max: 20.5
Current: 17.45
4.3
20.5
Shiller P/E 4.44
DDE's Shiller P/E is ranked higher than
92% of the 343 Companies
in the Global Gambling industry.

( Industry Median: 16.66 vs. DDE: 4.44 )
DDE' s 10-Year Shiller P/E Range
Min: 3.56   Max: 13.81
Current: 4.44
3.56
13.81

Dividend & Buy Back

vs
industry		 vs
history
Dividend Yield 4.60
DDE's Dividend Yield is ranked higher than
96% of the 343 Companies
in the Global Gambling industry.

( Industry Median: 1.78 vs. DDE: 4.60 )
DDE' s 10-Year Dividend Yield Range
Min: 0.81   Max: 7.58
Current: 4.6
0.81
7.58
Dividend Payout 0.6
DDE's Dividend Payout is ranked higher than
74% of the 343 Companies
in the Global Gambling industry.

( Industry Median: 0.57 vs. DDE: 0.6 )
DDE' s 10-Year Dividend Payout Range
Min: 0.16   Max: 0.73
Current: 0.6
0.16
0.73
Dividend growth (3y) -13.9
DDE's Dividend growth (3y) is ranked higher than
90% of the 343 Companies
in the Global Gambling industry.

( Industry Median: -12.00 vs. DDE: -13.9 )
DDE' s 10-Year Dividend growth (3y) Range
Min: 0   Max: 17.8
Current: -13.9
0
17.8
Yield on cost (5-Year) 1.92
DDE's Yield on cost (5-Year) is ranked higher than
83% of the 343 Companies
in the Global Gambling industry.

( Industry Median: 1.73 vs. DDE: 1.92 )
DDE' s 10-Year Yield on cost (5-Year) Range
Min: 0.34   Max: 3.23
Current: 1.92
0.34
3.23
Share Buyback Rate -0.2
DDE's Share Buyback Rate is ranked higher than
82% of the 343 Companies
in the Global Gambling industry.

( Industry Median: -0.40 vs. DDE: -0.2 )
DDE' s 10-Year Share Buyback Rate Range
Min: 4.8   Max: -0.2
Current: -0.2

Valuation & Return

vs
industry		 vs
history
Price/Net Current Asset Value 6.4
DDE's Price/Net Current Asset Value is ranked higher than
76% of the 343 Companies
in the Global Gambling industry.

( Industry Median: 17.10 vs. DDE: 6.4 )
DDE' s 10-Year Price/Net Current Asset Value Range
Min: 7.9   Max: 43.1
Current: 6.4
7.9
43.1
Price/Tangible Book 0.5
DDE's Price/Tangible Book is ranked higher than
55% of the 343 Companies
in the Global Gambling industry.

( Industry Median: 2.00 vs. DDE: 0.5 )
DDE' s 10-Year Price/Tangible Book Range
Min: 0.6   Max: 5.7
Current: 0.5
0.6
5.7
Price/DCF (Projected) 0.4
DDE's Price/DCF (Projected) is ranked higher than
77% of the 343 Companies
in the Global Gambling industry.

( Industry Median: 1.10 vs. DDE: 0.4 )
DDE' s 10-Year Price/DCF (Projected) Range
Min: 0.5   Max: 1.7
Current: 0.4
0.5
1.7
Price/Median PS Value 0.2
DDE's Price/Median PS Value is ranked higher than
51% of the 343 Companies
in the Global Gambling industry.

( Industry Median: 0.90 vs. DDE: 0.2 )
DDE' s 10-Year Price/Median PS Value Range
Min: 0.2   Max: 1.6
Current: 0.2
0.2
1.6
Price/Graham Number 0.5
DDE's Price/Graham Number is ranked higher than
70% of the 343 Companies
in the Global Gambling industry.

( Industry Median: 1.40 vs. DDE: 0.5 )
DDE' s 10-Year Price/Graham Number Range
Min: 0.5   Max: 2.1
Current: 0.5
0.5
2.1
Earnings Yield (Greenblatt) 5.70
DDE's Earnings Yield (Greenblatt) is ranked higher than
95% of the 343 Companies
in the Global Gambling industry.

( Industry Median: 5.60 vs. DDE: 5.70 )
DDE' s 10-Year Earnings Yield (Greenblatt) Range
Min: 4.9   Max: 23
Current: 5.7
4.9
23
Forward Rate of Return (Yacktman) -6.07
DDE's Forward Rate of Return (Yacktman) is ranked higher than
86% of the 343 Companies
in the Global Gambling industry.

( Industry Median: 3.26 vs. DDE: -6.07 )
DDE' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -17.5   Max: 27.2
Current: -6.07
-17.5
27.2

Business Description

Dover Downs Gaming & Entertainment, Inc. was incorporated in the State in December of 2001. The Company is a gaming and entertainment resort destination whose operations consist of: Dover Downs Casino - a 165,000-square foot casino complex featuring popular table games, including craps, roulette and card games such as blackjack, Spanish 21, baccarat, 3-card and pai gow poker, the latest in slot machine offerings, multi-player electronic table games, the Crown Royal poker room, a Race & Sports Book operation, the Dover Downs' Fire & Ice Lounge, Doc Magrogan's Oyster House, Frankie's Italian restaurant, as well as several bars, restaurants and four retail outlets; Dover Downs Hotel and Conference Center - a 500 room AAA Four Diamond hotel with conference, banquet, ballroom and concert hall facilities; and Dover Downs Raceway - a harness racing track with pari-mutuel wagering on live and simulcast horse races. All of its operations are located at its entertainment complex in Dover, the capital of the State of Delaware. The Company's luxury hotel facility, the Dover Downs Hotel and Conference Center, is the largest hotel in the State of Delaware and connects to its casino. The facility includes 500 rooms, including eleven luxury spa suites, a multi-purpose ballroom/concert hall, a fine dining restaurant, swimming pool and a luxurious 6,000 square-foot full-service spa. Dover Downs Raceway has presented pari-mutuel harness racing events for 43 consecutive years. Live harness races are conducted at Dover Downs Raceway from November until April and are simulcast to more than 300 tracks and other off-track betting locations across North America on each of its more than 120 live race dates. Harness racing in the State of Delaware is governed by the Delaware Harness Racing Commission. It holds a license from the Harness Racing Commission authorizing it to hold harness race meetings on its premises and to offer pari-mutuel wagering on live and simulcast horse races. The Company is subject to various federal, state and local regulations.
Company Website
SEC Reports
Industry: Gambling
Compare:WIMHY, LTOMF, PDYPF, LDBKF, PYTCY
» More Articles for DDE

Headlines

Articles On GuruFocus.com
MGM - No Longer King of the Jungle Oct 26 2011 
Dover Downs Gaming & Entertainment Inc. Reports Operating Results (10-K) Mar 04 2011 
Dover Downs Gaming & Entertainment Inc. Reports Operating Results (10-Q) Nov 05 2010 
Dover Motorsports Merger is Canceled; Now, What is Next? Oct 14 2010 
Dover Motorsports and Dover Downs Merger – Borderline Criminal Sep 29 2010 
International Speedway Corporation (ISCA) and Speedway Motorsports (TRK) - Now Is Your Chance Sep 28 2010 
Dover Downs Gaming & Entertainment Inc. Reports Operating Results (10-Q) Aug 06 2010 
Dover Downs Gaming & Entertainment Inc. Reports Operating Results (10-Q) May 07 2010 
Dover Downs Gaming & Entertainment Inc. Reports Operating Results (10-Q) Nov 06 2009 
Dover Downs Gaming & Entertainment Inc. Reports Operating Results (10-Q) Aug 07 2009 

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