(ACEL) Accel Entertainment - Overview
Sector: Consumer Cyclical | Industry: Gambling | Exchange: NYSE (USA) | Market Cap: 973m USD | Total Return: 5.7% in 12m
Avg Turnover: 3.33M
EPS Trend: -51.0%
Qual. Beats: 0
Rev. Trend: 99.4%
Qual. Beats: 2
Warnings
No concerns identified
Tailwinds
No distinct edge detected
Accel Entertainment (NYSE: ACEL) is a distributed gaming operator that provides video gaming terminals, redemption devices, and amusement equipment to non-casino environments such as restaurants, bars, and convenience stores. The company’s vertically integrated model includes the design and manufacture of proprietary gaming hardware alongside full-service maintenance and installation for third-party establishments.
Unlike traditional destination casinos, distributed gaming relies on high-frequency foot traffic in local retail settings, creating a decentralized revenue stream less dependent on tourism. This sector is heavily regulated at the state level, often requiring specific licensure for both the operator and the host location. Beyond gaming, the company manages diversified revenue assets including ATMs, jukeboxes, and billiard tables.
Investors can evaluate the companys regional market share and regulatory tailwinds by exploring the detailed datasets on ValueRay. Accel Entertainment also maintains a presence in the development of local-market brick-and-mortar casinos and horse racing venues to complement its distributed routes.
- Expansion into new state jurisdictions dictates long-term revenue growth trajectory
- Illinois gaming tax rate adjustments directly impact bottom-line profitability
- Strategic acquisitions of smaller distributed gaming operators drive market share gains
- Consumer discretionary spending levels influence average net win per gaming terminal
- Regulatory changes in terminal limits per location affect organic revenue scaling
| Net Income: 51.5m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.14 > 0.02 and ΔFCF/TA 8.10 > 1.0 |
| NWC/Revenue: 14.73% < 20% (prev 14.82%; Δ -0.09% < -1%) |
| CFO/TA 0.14 > 3% & CFO 148.9m > Net Income 51.5m |
| Net Debt (319.5m) to EBITDA (183.8m): 1.74 < 3 |
| Current Ratio: 2.71 > 1.5 & < 3 |
| Outstanding Shares: last quarter (84.1m) vs 12m ago -3.59% < -2% |
| Gross Margin: 31.83% > 18% (prev 0.30%; Δ 3.15k% > 0.5%) |
| Asset Turnover: 128.3% > 50% (prev 119.7%; Δ 8.61% > 0%) |
| Interest Coverage Ratio: 2.98 > 6 (EBITDA TTM 183.8m / Interest Expense TTM 35.0m) |
| A: 0.19 (Total Current Assets 317.3m - Total Current Liabilities 117.2m) / Total Assets 1.07b |
| B: 0.19 (Retained Earnings 200.9m / Total Assets 1.07b) |
| C: 0.10 (EBIT TTM 104.3m / Avg Total Assets 1.06b) |
| D: 0.25 (Book Value of Equity 201.0m / Total Liabilities 794.9m) |
| Altman-Z'' = 2.76 = A |
| DSRI: 1.27 (Receivables 17.5m/12.7m, Revenue 1.36b/1.25b) |
| GMI: 0.95 (GM 31.83% / 30.36%) |
| AQI: 0.97 (AQ_t 0.38 / AQ_t-1 0.39) |
| SGI: 1.08 (Revenue 1.36b / 1.25b) |
| TATA: -0.09 (NI 51.5m - CFO 148.9m) / TA 1.07b) |
| Beneish M = -2.90 (Cap -4..+1) = A |
As of May 30, 2026, the stock is trading at USD 11.89 with a total of 139,032 shares traded.
Over the past week, the price has changed by +1.71%,
over one month by -4.80%,
over three months by +4.67% and
over the past year by +5.69%.
Accel Entertainment has received a consensus analysts rating of 5.00. Therefore, it is recommended to buy ACEL.
- StrongBuy: 3
- Buy: 0
- Hold: 0
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 15.5 | 30.4% |
P/E Trailing = 19.925
P/E Forward = 16.0514
P/S = 0.6979
P/B = 3.4827
Revenue TTM = 1.36b USD
EBIT TTM = 104.3m USD
EBITDA TTM = 183.8m USD
Long Term Debt = 550.6m USD (from longTermDebt, last quarter)
Short Term Debt = 33.0m USD (from shortTermDebt, last quarter)
Debt = 593.6m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 319.5m USD (calculated: Debt 593.6m - CCE 274.1m)
Enterprise Value = 1.29b USD (973.1m + Debt 593.6m - CCE 274.1m)
Interest Coverage Ratio = 2.98 (Ebit TTM 104.3m / Interest Expense TTM 35.0m)
EV/FCF = 8.46x (Enterprise Value 1.29b / FCF TTM 152.8m)
FCF Yield = 11.82% (FCF TTM 152.8m / Enterprise Value 1.29b)
FCF Margin = 11.24% (FCF TTM 152.8m / Revenue TTM 1.36b)
Net Margin = 3.79% (Net Income TTM 51.5m / Revenue TTM 1.36b)
Gross Margin = 31.83% ((Revenue TTM 1.36b - Cost of Revenue TTM 926.2m) / Revenue TTM)
Gross Margin QoQ = 31.27% (prev 33.37%)
Tobins Q-Ratio = 1.21 (Enterprise Value 1.29b / Total Assets 1.07b)
Interest Expense / Debt = 5.90% (Interest Expense 35.0m / Debt 593.6m)
Taxrate = 26.83% (5.38m / 20.0m)
NOPAT = 76.3m (EBIT 104.3m * (1 - 26.83%))
Current Ratio = 2.71 (Total Current Assets 317.3m / Total Current Liabilities 117.2m)
Debt / Equity = 2.18 (Debt 593.6m / totalStockholderEquity, last quarter 272.3m)
Debt / EBITDA = 1.74 (Net Debt 319.5m / EBITDA 183.8m)
Debt / FCF = 2.09 (Net Debt 319.5m / FCF TTM 152.8m)
Total Stockholder Equity = 267.4m (last 4 quarters mean from totalStockholderEquity)
RoA = 4.86% (Net Income 51.5m / Total Assets 1.07b)
RoE = 19.26% (Net Income TTM 51.5m / Total Stockholder Equity 267.4m)
RoCE = 12.75% (EBIT 104.3m / Capital Employed (Equity 267.4m + L.T.Debt 550.6m))
RoIC = 10.08% (NOPAT 76.3m / Invested Capital 756.9m)
WACC = 7.24% (E(973.1m)/V(1.57b) * Re(9.02%) + D(593.6m)/V(1.57b) * Rd(5.90%) * (1-Tc(0.27)))
Discount Rate = 9.02% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -6.67 | Cagr: -1.20%
[DCF] Terminal Value 77.97% ; FCFF base≈117.5m ; Y1≈134.7m ; Y5≈198.2m
[DCF] Fair Price = 32.72 (EV 2.98b - Net Debt 319.5m = Equity 2.66b / Shares 81.4m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: -50.96 | EPS CAGR: -9.81% | SUE: 0.57 | # QB: 0
Revenue Correlation: 99.43 | Revenue CAGR: 6.74% | SUE: 2.26 | # QB: 2
EPS current Quarter (2026-06-30): EPS=0.21 | Chg30d=-12.50% | Revisions=-20% | Analysts=1
EPS next Quarter (2026-09-30): EPS=0.16 | Chg30d=-25.58% | Revisions=-20% | Analysts=1
EPS current Year (2026-12-31): EPS=0.86 | Chg30d=-0.55% | Revisions=+33% | GrowthEPS=-15.0% | GrowthRev=+6.2%
EPS next Year (2027-12-31): EPS=0.97 | Chg30d=+0.52% | Revisions=+20% | GrowthEPS=+12.8% | GrowthRev=+3.3%
[Analyst] Revisions Ratio: +33%