Meridian Holdings Inc MRDN

Morningstar Rating
$11.07 −0.24 (2.12%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

MRDN is trading at a LOCK|&r%?#& premium.
Price
$11.43
Fair Value
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Uncertainty
LOCK|vXW
1-Star Price
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5-Star Price
LOCK|YZxt&LL
Economic Moat
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Capital Allocation
—

News

Trading Information

Previous Close Price
$11.36
Day Range
$10.90–11.28
52-Week Range
$0.49–16.05
Bid/Ask
$7.76 / $11.57
Shares Outstanding
12.68M
Market Cap
$140.64M
Volume/Avg
62,871 / 65,212

Key Statistics

Price/Earnings (Normalized)
32.18
Price/Sales
0.70
Dividend Yield (Trailing)
0.00%
Dividend Yield (Forward)
0.00%
Dividend Payment Schedule
—
Total Yield
—

Company Profile

Meridian Holdings Inc is engaged in the online gaming and betting business, providing sports betting, online casino, and gaming operations across multiple jurisdictions in Europe, Africa, and Central and South America. The company has three reportable segments: MeridianBet Group, GMAG, and RKings & CFAC. The MeridianBet Group segment includes retail and online sports betting, casinos, and related gaming operations. The GMAG segment focuses on the resale of third-party gaming content, mainly serving customers in the Asia-Pacific region. The RKings & CFAC segment is involved in pay-to-enter prize competitions and trade promotions conducted in the United Kingdom and Australia. It generates the majority of its revenue from the MeridianBet Group segment.
Sector
Consumer Cyclical
Industry
Gambling
Stock Style Box
Small Value
Total Number of Employees
1,200

Valuation

Metric
MRDN
Price/Earnings (Normalized)
32.18
Price/Book Value
2.88
Price/Sales
0.70
Price/Cash Flow
5.68
Price/Earnings
MRDN

Financial Strength

Metric
MRDN
Quick Ratio
0.49
Current Ratio
0.59
Interest Coverage
−37.66
Quick Ratio
MRDN

Profitability

Metric
MRDN
Return on Assets (Normalized)
5.91%
Return on Equity (Normalized)
11.67%
Return on Invested Capital (Normalized)
10.67%
Return on Assets
MRDN

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