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3.45 (1y: +27%)
Market Cap 91.2 M P/E(ttm) 76.70
Enterprise Value 65.21 M P/B 0.80
LACO- NAS (USA)
Lakes Entertainment, Inc.
  • Currently 1/5
Business Predictability Rank: 1-Star
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
$3.45
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GuruFocus Financial Strength Rank measures how strong a companyย’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 : 7/10

vs
industry		 vs
history
Cash to Debt No Debt
LACO's Cash to Debt is ranked higher than
74% of the 343 Companies
in the Global Resorts & Casinos industry.

( Industry Median: 1.78 vs. LACO: No Debt )
LACO' s 10-Year Cash to Debt Range
Min: 0.31   Max: No Debt
Current: No Debt
Equity to Asset 0.911
LACO's Equity to Asset is ranked higher than
98% of the 343 Companies
in the Global Resorts & Casinos industry.

( Industry Median: 0.46 vs. LACO: 0.911 )
LACO' s 10-Year Equity to Asset Range
Min: 0.43   Max: 0.93
Current: 0.91
0.43
0.93
Interest Coverage No Debt
LACO's Interest Coverage is ranked higher than
78% of the 343 Companies
in the Global Resorts & Casinos industry.

( Industry Median: 33.40 vs. LACO: No Debt )
LACO' s 10-Year Interest Coverage Range
Min: 7   Max: No Debt
Current: No Debt
F-Score: 4
Z-Score: 5.57
M-Score: -2.65
GuruFocus Profitability Rank ranks how profitable a company is and how likely the companyย’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.
ย•ย•3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rankย•

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 (%) -64.70
LACO's Operating margin (%) is ranked lower than
87% of the 343 Companies
in the Global Resorts & Casinos industry.

( Industry Median: 8.60 vs. LACO: -64.70 )
LACO' s 10-Year Operating margin (%) Range
Min: -1123.2   Max: 114.5
Current: -64.7
-1123.2
114.5
Net-margin (%) 29.4
LACO's Net-margin (%) is ranked lower than
83% of the 343 Companies
in the Global Resorts & Casinos industry.

( Industry Median: 4.30 vs. LACO: 29.4 )
LACO' s 10-Year Net-margin (%) Range
Min: -768.4   Max: 70.1
Current: 29.4
-768.4
70.1
ROE (%) 2.9
LACO's ROE (%) is ranked lower than
70% of the 343 Companies
in the Global Resorts & Casinos industry.

( Industry Median: 5.20 vs. LACO: 2.9 )
LACO' s 10-Year ROE (%) Range
Min: -73.1   Max: 18
Current: 2.9
-73.1
18
ROA (%) 2.7
LACO's ROA (%) is ranked lower than
76% of the 343 Companies
in the Global Resorts & Casinos industry.

( Industry Median: 3.20 vs. LACO: 2.7 )
LACO' s 10-Year ROA (%) Range
Min: -52.2   Max: 15.7
Current: 2.7
-52.2
15.7
ROC (Joel Greenblatt) (%) -56.90
LACO's ROC (Joel Greenblatt) (%) is ranked lower than
80% of the 343 Companies
in the Global Resorts & Casinos industry.

( Industry Median: 12.00 vs. LACO: -56.90 )
LACO' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: -11453.4   Max: 3448.7
Current: -56.9
-11453.4
3448.7
Revenue Growth (%) -19.8
LACO's Revenue Growth (%) is ranked higher than
92% of the 343 Companies
in the Global Resorts & Casinos industry.

( Industry Median: -0.45 vs. LACO: -19.8 )
LACO' s 10-Year Revenue Growth (%) Range
Min: -59.4   Max: 85
Current: -19.8
-59.4
85
EPS Growth (%) -3.8
LACO's EPS Growth (%) is ranked higher than
64% of the 343 Companies
in the Global Resorts & Casinos industry.

( Industry Median: 4.10 vs. LACO: -3.8 )
LACO' s 10-Year EPS Growth (%) Range
Min: -62.2   Max: 86.1
Current: -3.8
-62.2
86.1
ยป LACO's 10-Y Financials

Financials


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

» Details

Guru Trades
Q2 2012

LACO Guru Trades in Q2 2012

Michael Price 76,767 sh (New)
Mario Gabelli 77,000 sh (-3.75%)
HOTCHKIS & WILEY 601,500 sh (-8.89%)
Jim Simons 69,200 sh (-11.4%)
» More
Q3 2012

LACO Guru Trades in Q3 2012

HOTCHKIS & WILEY 601,500 sh (unchged)
Michael Price 76,767 sh (unchged)
Mario Gabelli 70,000 sh (-9.09%)
Jim Simons 60,000 sh (-13.29%)
» More
Q4 2012

LACO Guru Trades in Q4 2012

HOTCHKIS & WILEY 601,500 sh (unchged)
Michael Price Sold Out
Mario Gabelli 65,000 sh (-7.14%)
Jim Simons 50,600 sh (-15.67%)
» More
Q1 2013

LACO Guru Trades in Q1 2013

HOTCHKIS & WILEY 601,500 sh (unchged)
Mario Gabelli 65,000 sh (unchged)
Jim Simons 43,200 sh (-14.62%)
» More
» Details

Insider Trades

Latest Guru Trades with LACO

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Michael Price 2012-12-31 Sold Out 0.02%$2.14 - $3.14 $ 3.4534%0
Michael Price 2012-06-30 New Buy0.03%$1.81 - $3.04 $ 3.4538%76767
Mario Gabelli 2011-03-31 Reduce -53.9%$2.56 - $3.51 $ 3.4516%94500
Premium More recent guru trades are included for Premium Members only!!

Ratios

vs
industry		 vs
history
P/E(ttm) 76.70
LACO's P/E(ttm) is ranked higher than
93% of the 343 Companies
in the Global Resorts & Casinos industry.

( Industry Median: 22.88 vs. LACO: 76.70 )
LACO' s 10-Year P/E(ttm) Range
Min: 2.03   Max: 280
Current: 76.7
2.03
280
P/B 0.80
LACO's P/B is ranked higher than
84% of the 343 Companies
in the Global Resorts & Casinos industry.

( Industry Median: 1.58 vs. LACO: 0.80 )
LACO' s 10-Year P/B Range
Min: 0.24   Max: 2.3
Current: 0.8
0.24
2.3
P/S 7.42
LACO's P/S is ranked lower than
94% of the 343 Companies
in the Global Resorts & Casinos industry.

( Industry Median: 1.18 vs. LACO: 7.42 )
LACO' s 10-Year P/S Range
Min: 1.05   Max: 129.67
Current: 7.42
1.05
129.67
PFCF 10.80
LACO's PFCF is ranked higher than
94% of the 343 Companies
in the Global Resorts & Casinos industry.

( Industry Median: 17.69 vs. LACO: 10.80 )
LACO' s 10-Year PFCF Range
Min: 1.18   Max: 62
Current: 10.8
1.18
62
EV-to-EBIT 5.7
LACO's EV-to-EBIT is ranked higher than
97% of the 343 Companies
in the Global Resorts & Casinos industry.

( Industry Median: 17.60 vs. LACO: 5.7 )
LACO' s 10-Year EV-to-EBIT Range
Min: 0.1   Max: 232.4
Current: 5.7
0.1
232.4
Shiller P/E 34
LACO's Shiller P/E is ranked lower than
78% of the 343 Companies
in the Global Resorts & Casinos industry.

( Industry Median: 16.66 vs. LACO: 34 )
LACO' s 10-Year Shiller P/E Range
Min: 32.8   Max: 130
Current: 34
32.8
130

Valuation & Return

vs
industry		 vs
history
Price/Net Cash 3.7
LACO's Price/Net Cash is ranked higher than
95% of the 343 Companies
in the Global Resorts & Casinos industry.

( Industry Median: 14.25 vs. LACO: 3.7 )
LACO' s 10-Year Price/Net Cash Range
Min: 1.6   Max: 16.7
Current: 3.7
1.6
16.7
Price/Net Current Asset Value 34.5
LACO's Price/Net Current Asset Value is ranked higher than
77% of the 343 Companies
in the Global Resorts & Casinos industry.

( Industry Median: 17.10 vs. LACO: 34.5 )
LACO' s 10-Year Price/Net Current Asset Value Range
Min: 2.6   Max: 134.6
Current: 34.5
2.6
134.6
Price/Tangible Book 0.8
LACO's Price/Tangible Book is ranked higher than
52% of the 343 Companies
in the Global Resorts & Casinos industry.

( Industry Median: 2.00 vs. LACO: 0.8 )
LACO' s 10-Year Price/Tangible Book Range
Min: 0.4   Max: 2
Current: 0.8
0.4
2
Price/DCF (Projected) 3.2
LACO's Price/DCF (Projected) is ranked higher than
85% of the 343 Companies
in the Global Resorts & Casinos industry.

( Industry Median: 1.10 vs. LACO: 3.2 )
LACO' s 10-Year Price/DCF (Projected) Range
Min: 0.7   Max: 3.5
Current: 3.2
0.7
3.5
Price/Median PS Value 1.7
LACO's Price/Median PS Value is ranked higher than
89% of the 343 Companies
in the Global Resorts & Casinos industry.

( Industry Median: 0.90 vs. LACO: 1.7 )
LACO' s 10-Year Price/Median PS Value Range
Min: 0.3   Max: 9.1
Current: 1.7
0.3
9.1
Price/Graham Number 1
LACO's Price/Graham Number is ranked lower than
63% of the 343 Companies
in the Global Resorts & Casinos industry.

( Industry Median: 1.40 vs. LACO: 1 )
LACO' s 10-Year Price/Graham Number Range
Min: 0.4   Max: 1
Current: 1
0.4
1
Earnings Yield (Greenblatt) 17.60
LACO's Earnings Yield (Greenblatt) is ranked higher than
98% of the 343 Companies
in the Global Resorts & Casinos industry.

( Industry Median: 5.60 vs. LACO: 17.60 )
LACO' s 10-Year Earnings Yield (Greenblatt) Range
Min: 0.4   Max: 16501
Current: 17.6
0.4
16501
Forward Rate of Return (Yacktman) -7.26
LACO's Forward Rate of Return (Yacktman) is ranked higher than
62% of the 343 Companies
in the Global Resorts & Casinos industry.

( Industry Median: 3.26 vs. LACO: -7.26 )
LACO' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -2.4   Max: 7.1
Current: -7.26
-2.4
7.1

Business Description

Lakes Entertainment, Inc is a Minnesota corporation formed in 1998 under the name of GCI Lakes, Inc., which was changed to Lakes Gaming, Inc. in August 1998 and to Lakes Entertainment, Inc. in 2002. The Company develops, finances and manages casino properties. Lakes' primary business historically has been to develop and manage Indian-owned casino properties that offer the opportunity for long-term development of related entertainment facilities, including hotels, golf courses, theaters, recreational vehicle parks and other complementary amenities. The Company is currently managing the Red Hawk Casino in California for the Shingle Springs Band of Miwok Indians (the Shingle Springs Tribe). It is also involved in other business activities, including the investment in non-Indian casinos being developed in Ohio and the potential development of a casino resort in Maryland. The ownership, management and operation of gaming facilities are subject to extensive federal, state, provincial, tribal and/or local laws, regulations and ordinances, which are administered by the relevant regulatory agency or agencies in each jurisdiction.
Company Website
SEC Reports
Industry: Resorts & Casinos
Compare:LVS, SCHYY, GXYEY, WYNMF, SJMHF
ยป More Articles for LACO

Headlines

Articles On GuruFocus.com
Introduction to Microcap Investing: The Explosive Power of a Catalyst Apr 15 2011 
Lakes Entertainment Inc. Reports Operating Results (10-Q) Nov 10 2010 
Lakes Entertainment Inc. Reports Operating Results (10-Q) Aug 11 2010 
Lakes Entertainment Inc. Reports Operating Results (10-Q) May 14 2010 
Weekly CEO Sells Highlight: Agilent Technologies, Commerce Bancshares, The Interpublic Group of Comp Mar 21 2010 
Lakes Entertainment Inc. Reports Operating Results (10-Q) Nov 06 2009 
Lakes Entertainment Inc. Reports Operating Results (10-Q) Aug 05 2009 
Lakes Entertainment Inc. Reports Operating Results (10-Q) May 08 2009 
Weekly CEO Buys Highlight: Chesapeake Energy Corp., Jarden Corp., MBIA Inc., Lakes Entertainment Inc Jun 14 2008 

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