Century Casinos, Inc. (CNTY) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

-260.8%

-$0.90

vs $0.56 price

Levered DCF

-$35.17

After debt service

Piotroski score

6 / 9

Average

Altman Z-score

0.43

Distress zone

Rating

B-

Overall 2 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
P/E	-0.65×	-0.77×	-5.25×	15.28×	17.4×	-3.92×	-14.4×	61.58×
P/B	-0.41×	-10.67×	1.22×	1.45×	2.55×	1.6×	1.43×	1.23×
P/S	0.07×	0.17×	0.27×	0.49×	0.93×	0.62×	1.07×	1.29×
EV / EBITDA	10.07×	16.15×	8.64×	7.51×	7.34×	20.85×	52.24×	12.28×
Gross margin	34.1%	42.6%	44.1%	46.0%	48.3%	44.5%	42.1%	5.6%
Operating margin	8.9%	0.7%	11.6%	15.7%	17.6%	-0.0%	-2.4%	5.6%
Net margin	-10.7%	-22.3%	-5.1%	1.9%	5.3%	-15.8%	-8.8%	2.0%
Current ratio	1.3×	1.58×	2.21×	3.49×	2.33×	1.57×	1.4×	1.1×
Debt / equity	-11.07×	-114.31×	8.41×	4.62×	3.49×	4.23×	3.07×	0.34×
Interest coverage	0.49×	0.04×	0.68×	1.03×	1.6×	-0×	-0.63×	2.24×
Dividend yield	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Payout ratio	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	62.9%	1378.2%	-23.2%	5.5%	14.6%	-40.6%	-11.7%	1.9%
Return on invested capital	4.7%	0.4%	3.9%	8.2%	8.1%	-0.0%	-0.8%	2.6%
Return on assets	-5.4%	-10.5%	-2.1%	0.9%	2.9%	-7.1%	-2.6%	1.2%
Free cash flow yield	-38.1%	-64.8%	-24.4%	8.5%	13.6%	-0.9%	-2.3%	-15.9%
Earnings yield	-153.3%	-129.2%	-19.1%	3.8%	5.7%	-25.4%	-8.2%	1.6%
Enterprise value	$1.1B	$1.1B	$997M	$772.8M	$747.2M	$625.8M	$680.6M	$231.2M
Net debt / EBITDA	9.69×	14.65×	7.36×	5.47×	3.8×	14.56×	34.33×	0.74×
Cash conversion cycle (days)	-4	-12	-1	-14	-12	-14	10	8