Overview Dividends

(ACEL) Accel Entertainment - Ratings and Ratios

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US00436Q1067

Gaming Terminals, ATM Devices, Amusement Equipment, Casino Operations, ATM Services

EPS (Earnings per Share)

EPS CAGR: -45.17%
EPS Trend: -19.7%

Last SUE: -1.78σ
Qual. Beats: 0

Revenue

Revenue CAGR: 6.39%
Revenue Trend: 95.2%

Last SUE: 0.38σ
Qual. Beats: 0

Risk via 10d forecast
Volatility	31.9%
Value at Risk 5%th	48.8%
Relative Tail Risk	-7.15%

Reward TTM
Sharpe Ratio	-0.35
Alpha	-22.09

Character TTM
Hurst Exponent	0.437
Beta	0.630
Beta Downside	0.615

Drawdowns 3y
Max DD	26.02%
Mean DD	9.44%
Median DD	8.97%

Description: ACEL Accel Entertainment November 18, 2025

Accel Entertainment Inc. (NYSE: ACEL) is a U.S.-based operator that installs, maintains, and runs gaming terminals, redemption devices with ATM capability, and a range of amusement equipment in non-casino venues such as bars, restaurants, convenience stores, truck stops, and fraternal clubs. In addition to providing turnkey gaming solutions, the firm designs and manufactures its own terminals and operates a limited number of small-scale casinos and stand-alone ATMs.

Key operating metrics (FY 2023) show revenue of roughly $210 million with an adjusted EBITDA margin near 12 %, reflecting the high-margin nature of the “pay-to-play” model. The distributed-gaming segment has grown at a compound annual rate of ~8 % over the past three years, driven by rising consumer discretionary spend and the expansion of “micro-gaming” locations in suburban markets. A broader sector driver is the U.S. non-casino gaming market, estimated at $5 billion and projected to outpace overall retail growth as state regulators relax licensing rules for electronic gaming devices.

For a deeper dive into ACEL’s valuation assumptions and comparable peer analysis, you may find ValueRay’s detailed research useful.

ACEL Stock Overview

Market Cap in USD	857m
Sub-Industry	Casinos & Gaming
IPO / Inception	2019-11-21
Return 12m vs S&P 500	-23.4%
Analyst Rating	5.0 of 5

ACEL Dividends

Currently no dividends paid

ACEL Growth Ratios

Metric	Value
CAGR 3y	5.74%
CAGR/Max DD Calmar Ratio	0.22
CAGR/Mean DD Pain Ratio	0.61
Current Volume	306.4k
Average Volume	304.7k

Piotroski VR‑10 (Strict, 0-10) 5.5

Net Income (43.7m TTM) > 0 and > 6% of Revenue (6% = 78.4m TTM)

FCFTA 0.04 (>2.0%) and ΔFCFTA -3.10pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue 15.60% (prev 16.85%; Δ -1.25pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.12 (>3.0%) and CFO 133.3m > Net Income 43.7m (YES >=105%, WARN >=100%)

Net Debt (310.6m) to EBITDA (174.1m) ratio: 1.78 <= 3.0 (WARN <= 3.5)

Current Ratio 2.57 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (86.1m) change vs 12m ago 2.09% (target <= -2.0% for YES)

Gross Margin 31.03% (prev 30.15%; Δ 0.88pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 128.4% (prev 127.4%; Δ 1.02pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio 2.83 (EBITDA TTM 174.1m / Interest Expense TTM 35.2m) >= 6 (WARN >= 3)

Altman Z'' 2.62

(A) 0.19 = (Total Current Assets 333.6m - Total Current Liabilities 129.7m) / Total Assets 1.09b

(B) 0.16 = Retained Earnings (Balance) 170.1m / Total Assets 1.09b

(D) 0.21 = Book Value of Equity 171.2m / Total Liabilities 814.1m

Total Rating: 2.62 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 66.08

1. Piotroski 5.50pt

2. FCF Yield 4.12%

3. FCF Margin 3.68%

4. Debt/Equity 2.26

5. Debt/Ebitda 1.78

6. ROIC - WACC (= 3.40)%

7. RoE 16.77%

8. Rev. Trend 95.22%

9. EPS Trend -19.74%

What is the price of ACEL shares?

As of November 24, 2025, the stock is trading at USD 10.01 with a total of 306,443 shares traded.
Over the past week, the price has changed by +1.21%, over one month by -4.94%, over three months by -12.80% and over the past year by -14.52%.

Is ACEL a buy, sell or hold?

Accel Entertainment has received a consensus analysts rating of 5.00. Therefore, it is recommended to buy ACEL.

Strong Buy: 3
Buy: 0
Hold: 0
Sell: 0
Strong Sell: 0

What are the forecasts/targets for the ACEL price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	16	59.8%
Analysts Target Price	16	59.8%
ValueRay Target Price	9.9	-1.1%

ACEL Fundamental Data Overview November 16, 2025

Market Cap USD = 857.0m (857.0m USD * 1.0 USD.USD)
P/E Trailing = 20.6
P/E Forward = 16.0514
P/S = 0.6557
P/B = 3.2085
Beta = 1.081
Revenue TTM = 1.31b USD
EBIT TTM = 99.6m USD
EBITDA TTM = 174.1m USD
Long Term Debt = 565.1m USD (from longTermDebt, last quarter)
Short Term Debt = 30.3m USD (from shortTermDebt, last quarter)
Debt = 602.7m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 310.6m USD (from netDebt column, last quarter)
Enterprise Value = 1.17b USD (857.0m + Debt 602.7m - CCE 292.2m)
Interest Coverage Ratio = 2.83 (Ebit TTM 99.6m / Interest Expense TTM 35.2m)
FCF Yield = 4.12% (FCF TTM 48.1m / Enterprise Value 1.17b)
FCF Margin = 3.68% (FCF TTM 48.1m / Revenue TTM 1.31b)
Net Margin = 3.34% (Net Income TTM 43.7m / Revenue TTM 1.31b)
Gross Margin = 31.03% ((Revenue TTM 1.31b - Cost of Revenue TTM 901.5m) / Revenue TTM)
Gross Margin QoQ = 31.32% (prev 31.34%)
Tobins Q-Ratio = 1.08 (Enterprise Value 1.17b / Total Assets 1.09b)
Interest Expense / Debt = 1.43% (Interest Expense 8.62m / Debt 602.7m)
Taxrate = 25.24% (4.49m / 17.8m)
NOPAT = 74.4m (EBIT 99.6m * (1 - 25.24%))
Current Ratio = 2.57 (Total Current Assets 333.6m / Total Current Liabilities 129.7m)
Debt / Equity = 2.26 (Debt 602.7m / totalStockholderEquity, last quarter 267.1m)
Debt / EBITDA = 1.78 (Net Debt 310.6m / EBITDA 174.1m)
Debt / FCF = 6.46 (Net Debt 310.6m / FCF TTM 48.1m)
Total Stockholder Equity = 260.4m (last 4 quarters mean from totalStockholderEquity)
RoA = 4.02% (Net Income 43.7m / Total Assets 1.09b)
RoE = 16.77% (Net Income TTM 43.7m / Total Stockholder Equity 260.4m)
RoCE = 12.06% (EBIT 99.6m / Capital Employed (Equity 260.4m + L.T.Debt 565.1m))
RoIC = 8.73% (NOPAT 74.4m / Invested Capital 852.2m)
WACC = 5.34% (E(857.0m)/V(1.46b) * Re(8.34%) + D(602.7m)/V(1.46b) * Rd(1.43%) * (1-Tc(0.25)))
Discount Rate = 8.34% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -3.35%
[DCF Debug] Terminal Value 74.84% ; FCFE base≈57.5m ; Y1≈49.7m ; Y5≈39.5m
Fair Price DCF = 8.20 (DCF Value 682.2m / Shares Outstanding 83.2m; 5y FCF grow -16.42% → 3.0% )
EPS Correlation: -19.74 | EPS CAGR: -45.17% | SUE: -1.78 | # QB: 0
Revenue Correlation: 95.22 | Revenue CAGR: 6.39% | SUE: 0.38 | # QB: 0

Additional Sources for ACEL Stock

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