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Peak Resorts

DB:PRM
Snowflake Description

Mediocre balance sheet not a dividend payer.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
PRM
DB
$167M
Market Cap
  1. Home
  2. DE
  3. Consumer Services
Company description

Peak Resorts, Inc., through its subsidiaries, owns, operates, and leases day and overnight drive ski resorts in the United States. The last earnings update was 11 days ago. More info.


Add to Portfolio Compare Print
  • Peak Resorts has significant price volatility in the past 3 months.
PRM Share Price and Events
7 Day Returns
0.6%
DB:PRM
1%
DE Hospitality
-0.8%
DE Market
1 Year Returns
132.9%
DB:PRM
-30.6%
DE Hospitality
-5.3%
DE Market
PRM Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Peak Resorts (PRM) 0.6% 1.2% 197.1% 132.9% 120.8% -
DE Hospitality 1% 10.7% 16.4% -30.6% -17% -9.3%
DE Market -0.8% 5.1% 1.1% -5.3% 7.9% 15%
1 Year Return vs Industry and Market
  • PRM outperformed the Hospitality industry which returned -30.6% over the past year.
  • PRM outperformed the Market in Germany which returned -5.3% over the past year.
Price Volatility
PRM
Industry
5yr Volatility vs Market

Value

 Is Peak Resorts undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Peak Resorts to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Peak Resorts.

DB:PRM Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Dividend Discount Model
Dividend Per Share Company Filings (2019-07-31) in USD $ .280000
Payout Ratio Company Filings (2019-07-31) 6279.7%
Discount Rate (Cost of Equity) See below 7.7%
Perpetual Growth Rate 10-Year DE Government Bond Rate 0.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:PRM
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6%
Hospitality Unlevered Beta Simply Wall St/ S&P Global 0.92
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.923 (1 + (1- 21%) (137.35%))
1.252
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.25
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (1.252 * 5.96%)
7.69%

Discounted Cash Flow Calculation for DB:PRM using Dividend Discount Model Model

The calculations below outline how an intrinsic value for Peak Resorts is arrived at by discounting future dividends to their present value. This approach is used for finance firms where free cash flow is difficult to estimate (e.g. Banks/ Insurance firms).

If the firm does not pay the majority of its earnings out as a dividend this method will often arrive at a value significantly lower than the share price.

See our documentation to learn about this calculation.

DB:PRM Gordon Growth Model
Calculation Result
Value per share = Expected dividends per share / (Discount Rate - Perpetual growth rate)
= $0.28 / (7.69% - 0.23%)
$3.05
DB:PRM Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:PRM represents 0.90182x of NasdaqGM:SKIS
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.90182x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (USD) x Listing Adjustment Factor
= $ 3.75 x 0.90182
€3.38
Value per share (EUR) From above. €3.38
Current discount Discount to share price of €9.92
= -1 x (€9.92 - €3.38) / €3.38
-193.6%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Peak Resorts is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Peak Resorts's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Peak Resorts's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:PRM PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-07-31) in USD $-0.11
NasdaqGM:SKIS Share Price ** NasdaqGM (2019-09-24) in USD $11
Germany Hospitality Industry PE Ratio Median Figure of 10 Publicly-Listed Hospitality Companies 27.57x
Germany Market PE Ratio Median Figure of 423 Publicly-Listed Companies 20.24x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Peak Resorts.

DB:PRM PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqGM:SKIS Share Price ÷ EPS (both in USD)

= 11 ÷ -0.11

-101.66x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Peak Resorts is loss making, we can't compare its value to the DE Hospitality industry average.
  • Peak Resorts is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does Peak Resorts's expected growth come at a high price?
Raw Data
DB:PRM PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -101.66x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts
20.6%per year
Germany Hospitality Industry PEG Ratio Median Figure of 5 Publicly-Listed Hospitality Companies 1.42x
Germany Market PEG Ratio Median Figure of 266 Publicly-Listed Companies 1.42x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Peak Resorts, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Peak Resorts's assets?
Raw Data
DB:PRM PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-07-31) in USD $4.01
NasdaqGM:SKIS Share Price * NasdaqGM (2019-09-24) in USD $11
Germany Hospitality Industry PB Ratio Median Figure of 13 Publicly-Listed Hospitality Companies 2.56x
Germany Market PB Ratio Median Figure of 596 Publicly-Listed Companies 1.73x
DB:PRM PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqGM:SKIS Share Price ÷ Book Value per Share (both in USD)

= 11 ÷ 4.01

2.74x

* Primary Listing of Peak Resorts.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Peak Resorts is overvalued based on assets compared to the DE Hospitality industry average.
X
Value checks
We assess Peak Resorts's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Hospitality industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Hospitality industry average (and greater than 0)? (1 check)
  5. Peak Resorts has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Peak Resorts expected to perform in the next 1 to 3 years based on estimates from 3 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
20.6%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Peak Resorts expected to grow at an attractive rate?
  • Unable to compare Peak Resorts's earnings growth to the low risk savings rate as it is expected to be loss making during the next 1-3 years.
Growth vs Market Checks
  • Unable to compare Peak Resorts's earnings growth to the Germany market average as it is expected to be loss making during the next 1-3 years.
  • Peak Resorts's revenue growth is positive but not above the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:PRM Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:PRM Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts 20.6%
DB:PRM Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 3 Analysts 5%
Germany Hospitality Industry Earnings Growth Rate Market Cap Weighted Average 22%
Germany Hospitality Industry Revenue Growth Rate Market Cap Weighted Average 3.2%
Germany Market Earnings Growth Rate Market Cap Weighted Average 12.8%
Germany Market Revenue Growth Rate Market Cap Weighted Average 5.2%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:PRM Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:PRM Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-04-30 207 -1 2
2020-04-30 200 -2 3
2019-09-24
DB:PRM Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-07-31 187 31 -2
2019-04-30 184 35 7
2019-01-31 155 28 -1
2018-10-31 130 16 -6
2018-07-31 131 -1 -3
2018-04-30 132 0 0
2018-01-31 127 6 -1
2017-10-31 124 8 -2
2017-07-31 124 14 -1
2017-04-30 123 13 0
2017-01-31 117 4 -1
2016-10-31 100 1 -5

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Peak Resorts is not considered high growth as it is expected to be loss making for the next 1-3 years.
  • Peak Resorts's revenue is expected to grow by 5% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:PRM Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below

All data from Peak Resorts Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:PRM Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-04-30 -0.06 -0.06 -0.06 1.00
2020-04-30 -0.13 -0.13 -0.13 1.00
2019-09-24
DB:PRM Past Financials Data
Date (Data in USD Millions) EPS *
2019-07-31 -0.11
2019-04-30 0.45
2019-01-31 -0.10
2018-10-31 -0.39
2018-07-31 -0.24
2018-04-30 -0.02
2018-01-31 -0.10
2017-10-31 -0.14
2017-07-31 -0.05
2017-04-30 0.03
2017-01-31 -0.05
2016-10-31 -0.37

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Peak Resorts will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Peak Resorts's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Germany market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Peak Resorts has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Peak Resorts performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Peak Resorts's growth in the last year to its industry (Hospitality).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Peak Resorts does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Peak Resorts's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Peak Resorts's 1-year growth to the DE Hospitality industry average as it is not currently profitable.
Earnings and Revenue History
Peak Resorts's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Peak Resorts Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:PRM Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-07-31 187.08 -1.62 11.65
2019-04-30 184.43 6.60 11.57
2019-01-31 155.00 -1.41 8.89
2018-10-31 130.30 -5.54 7.23
2018-07-31 131.15 -3.45 7.19
2018-04-30 131.66 -0.25 7.20
2018-01-31 126.89 -1.37 6.33
2017-10-31 124.01 -1.98 6.75
2017-07-31 123.64 -0.65 6.73
2017-04-30 123.25 0.44 6.83
2017-01-31 117.46 -0.68 7.48
2016-10-31 99.74 -5.15 6.80
2016-07-31 97.42 -4.05 6.32
2016-04-30 95.73 -3.23 5.90
2016-01-31 97.30 -0.49 5.49
2015-10-31 104.62 -0.92 5.42
2015-07-31 104.69 -0.77 5.36
2015-04-30 104.86 -1.85 5.53
2015-01-31 105.62 -3.10 5.24
2014-10-31 105.82 -0.78 5.10
2014-07-31 105.78 -1.78 4.97
2014-04-30 105.21 -1.50 4.70
2013-04-30 99.69 2.71 3.96

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Peak Resorts has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Peak Resorts used its assets less efficiently than the DE Hospitality industry average last year based on Return on Assets.
  • It is difficult to establish if Peak Resorts improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Peak Resorts's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Hospitality industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Peak Resorts has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Peak Resorts's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Peak Resorts's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Peak Resorts's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Peak Resorts's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Peak Resorts's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.2x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Peak Resorts Company Filings, last reported 1 month ago.

DB:PRM Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-07-31 95.85 229.85 14.45
2019-04-30 116.54 228.05 30.19
2019-01-31 99.87 230.59 27.24
2018-10-31 61.75 180.34 6.36
2018-07-31 74.09 180.60 10.09
2018-04-30 87.22 180.87 23.09
2018-01-31 78.88 178.09 19.09
2017-10-31 71.03 178.36 12.96
2017-07-31 81.25 179.27 26.87
2017-04-30 90.76 185.59 33.67
2017-01-31 83.71 180.93 33.88
2016-10-31 55.82 144.51 3.73
2016-07-31 63.78 136.40 2.44
2016-04-30 71.63 134.60 5.40
2016-01-31 64.40 134.60 11.46
2015-10-31 62.63 97.74 4.58
2015-07-31 71.44 97.95 10.98
2015-04-30 80.44 98.07 16.85
2015-01-31 72.58 99.02 20.93
2014-10-31 -11.42 174.96 6.11
2014-07-31 -4.67 175.08 6.00
2014-04-30 3.49 174.48 13.19
2013-04-30 4.99 171.07 11.97
  • Peak Resorts's level of debt (238%) compared to net worth is high (greater than 40%).
  • Peak Resorts had negative shareholder equity 5 years ago, it is now positive therefore their debt level has improved.
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Whilst loss making Peak Resorts has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.
  • Whilst loss making Peak Resorts has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 17.8% per year.
X
Financial health checks
We assess Peak Resorts's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Peak Resorts has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Peak Resorts's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
2.55%
Current annual income from Peak Resorts dividends.
If you bought €2,000 of Peak Resorts shares you are expected to receive €51 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Peak Resorts's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.4%).
  • Peak Resorts's dividend is below the markets top 25% of dividend payers in Germany (3.9%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:PRM Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below
Germany Hospitality Industry Average Dividend Yield Market Cap Weighted Average of 8 Stocks 7%
Germany Market Average Dividend Yield Market Cap Weighted Average of 335 Stocks 3.1%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.4%
Germany Top 25% Dividend Yield 75th Percentile 3.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:PRM Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2021-04-30
2020-04-30
2019-09-24
DB:PRM Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-07-02 0.280 3.269
2019-04-09 0.280 6.600
2019-01-08 0.280 6.064
2018-10-09 0.280 5.569
2018-07-11 0.280 5.549
2018-04-10 0.280 5.678
2018-01-09 0.280 5.416
2017-10-04 0.280 5.591
2017-09-07 0.280 6.366
2017-09-06 0.280 5.807
2017-04-05 0.280 5.722
2017-02-16 0.280 4.823
2016-12-08 0.000 0.000
2016-09-08 0.000 0.000
2016-07-15 0.000 0.000
2016-07-14 0.000 0.000
2015-12-21 0.550 13.935
2015-09-18 0.550 7.855
2015-06-15 0.550 7.779
2015-03-06 0.550 8.322
2014-12-08 0.550 7.275

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Peak Resorts has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).
  • Peak Resorts has only been paying a dividend for 5 years, and since then dividends per share have fallen.
Current Payout to shareholders
What portion of Peak Resorts's earnings are paid to the shareholders as a dividend.
  • The company is paying a dividend however it is incurring a loss.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Peak Resorts's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Peak Resorts afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Peak Resorts has a total score of 1/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Peak Resorts's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Tim Boyd
COMPENSATION $898,400
AGE 66
TENURE AS CEO 22 years
CEO Bio

Mr. Timothy D. Boyd, also known as Tim, has been the Chairman, Chief Executive Officer and President of Peak Resorts, Inc. since its founding on September 24, 1997. From 1982 to 1985, Mr. Boyd developed the Hidden Valley ski area in St. Louis, Missouri and the Snow Creek ski area in Kansas City, Missouri, respectively. He has extensive experience in the operation of day ski areas and overnight drive ski areas, as well as snowmaking. He has been a Director at Peak Resorts, Inc. since September 24, 1997. He graduated from the University of Missouri with a Bachelor of Science degree in Education and Economics.

CEO Compensation
  • Tim's compensation has increased whilst company is loss making.
  • Tim's remuneration is higher than average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Peak Resorts management team in years:

18.7
Average Tenure
65
Average Age
  • The average tenure for the Peak Resorts management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Tim Boyd

TITLE
Chairman
COMPENSATION
$898K
AGE
66
TENURE
22 yrs

Christopher Bub

TITLE
VP, CFO & Corporate Secretary
COMPENSATION
$436K
AGE
40
TENURE
1.9 yrs

Richard Deutsch

TITLE
VP of Business & Real Estate Development and Director
COMPENSATION
$749K
AGE
65

Jesse Boyd

TITLE
Vice President of Operations
COMPENSATION
$107K
AGE
37

Stephen Mueller

TITLE
Executive VP & Director
COMPENSATION
$348K
AGE
71
TENURE
18.7 yrs
Board of Directors Tenure

Average tenure and age of the Peak Resorts board of directors in years:

11.2
Average Tenure
65.5
Average Age
  • The average tenure for the Peak Resorts board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Tim Boyd

TITLE
Chairman
COMPENSATION
$898K
AGE
66
TENURE
22 yrs

Richard Deutsch

TITLE
VP of Business & Real Estate Development and Director
COMPENSATION
$749K
AGE
65

Stephen Mueller

TITLE
Executive VP & Director
COMPENSATION
$348K
AGE
71
TENURE
18.7 yrs

Stanley Hansen

TITLE
Director
COMPENSATION
$91K
AGE
77

Carl Kraus

TITLE
Director
COMPENSATION
$96K
AGE
71

Christopher O’Connor

TITLE
Director
COMPENSATION
$91K
AGE
60

David Braswell

TITLE
Director
COMPENSATION
$82K
AGE
58
TENURE
3.6 yrs

Rory Held

TITLE
Director
COMPENSATION
$81K
AGE
42
TENURE
3.7 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Peak Resorts individual insiders in the past 3 months, but not in substantial volumes.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
13. Aug 19 Buy Carl Kraus Individual 09. Aug 19 09. Aug 19 50 €9.71 €489
13. Aug 19 Buy Christopher O’Connor Individual 09. Aug 19 09. Aug 19 40 €9.71 €393
13. May 19 Buy Carl Kraus Individual 10. May 19 10. May 19 121 €3.98 €481
13. May 19 Buy Christopher O’Connor Individual 10. May 19 10. May 19 97 €3.98 €386
08. Feb 19 Buy Carl Kraus Individual 08. Feb 19 08. Feb 19 117 €4.00 €470
08. Feb 19 Buy Christopher O’Connor Individual 08. Feb 19 08. Feb 19 94 €4.00 €377
09. Jan 19 Buy Timothy Boyd Individual 07. Jan 19 08. Jan 19 10,000 €4.20 €41,832
29. Nov 18 Buy Carl Kraus Individual 27. Nov 18 27. Nov 18 103 €4.53 €465
29. Nov 18 Buy Christopher O’Connor Individual 27. Nov 18 27. Nov 18 82 €4.53 €374
X
Management checks
We assess Peak Resorts's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Peak Resorts has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Peak Resorts, Inc., through its subsidiaries, owns, operates, and leases day and overnight drive ski resorts in the United States. Its resorts activities and amenities include skiing, snowboarding, terrain parks, tubing, dining, lodging, equipment rentals and sales, ski and snowboard instruction, golf, zip lines, mountain coasters, mountain biking, hiking, paint ball, and other summer activities. The company also offers non-winter attractions, such as golf, roller coasters, swimming, summer concerts, and zip rides. It operates 17 ski resorts primarily located in the Northeast, Mid-Atlantic, and Midwest. Peak Resorts, Inc. was founded in 1997 and is headquartered in Wildwood, Missouri.

Details
Name: Peak Resorts, Inc.
PRM
Exchange: DB
Founded: 1997
$152,188,914
15,227,562
Website: http://www.peakresorts.com
Address: Peak Resorts, Inc.
17409 Hidden Valley Drive,
Wildwood,
Missouri, 63025,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqGM SKIS Common Shares Nasdaq Global Market US USD 21. Nov 2014
DB PRM Common Shares Deutsche Boerse AG DE EUR 21. Nov 2014
Number of employees
Current staff
Staff numbers
811
Peak Resorts employees.
Industry
Leisure Facilities
Consumer Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/09/24 21:33
End of day share price update: 2019/09/24 00:00
Last estimates confirmation: 2019/07/23
Last earnings filing: 2019/09/13
Last earnings reported: 2019/07/31
Last annual earnings reported: 2019/04/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.