(ACEL) Accel Entertainment - NYSE
Sector: Consumer Cyclical | Industry: Gambling | Exchange: NYSE (USA) | Market Cap: 1.041m USD | Total Return: 13% in 12m
Avg Turnover: 3.61M
EPS Trend: -51.0%
Qual. Beats: 0
Rev. Trend: 99.4%
Qual. Beats: 2
Warnings
No concerns identified
Tailwinds
No distinct edge detected
Seasonality
Accel Entertainment, Inc. (ACEL) is a U.S. distributed gaming operator that installs, maintains, and operates gaming terminals, cash-redemption devices with ATM functionality, and other amusement equipment in authorized non-casino venues such as restaurants, bars, taverns, convenience stores, liquor stores, truck stops, and grocery stores. In addition to its route-based gaming business, the company designs and manufactures gaming terminals and related equipment, offers turnkey gaming solutions to third-party operators, runs stand-alone ATMs, and is developing brick-and-mortar casinos and horse racing venues. Accel is headquartered in Burr Ridge, Illinois, and trades on the NYSE in the Consumer Discretionary sector (Casinos & Gaming sub-industry).
The distributed or route gaming model - a regulated segment of the broader casino industry - allows video gaming machines and similar terminals to be placed in non-casino retail locations under state-level frameworks (notably established in Illinois), with the operator typically sharing a portion of net gaming revenue with the host venue. Because revenue is largely tied to net win per unit per day across a geographically dispersed terminal base, operators in this space are sensitive to state tax rates, regulatory changes, and the pace of new location additions.
- Illinois gaming tax hike pressures distributed gaming margins
- Active terminal growth and new state expansion drive revenue
- Acquisitions add locations and scale distributed gaming footprint
| 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 (186.9m): 1.71 < 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 30.36%; Δ 1.47% > 0.5%) |
| Asset Turnover: 128.3% > 50% (prev 119.7%; Δ 8.61% > 0%) |
| Interest Coverage Ratio: 3.07 > 6 (EBIT TTM 107.4m / 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 107.4m / Avg Total Assets 1.06b) |
| D: 0.34 (Book Value of Equity 272.3m / Total Liabilities 794.9m) |
| Altman-Z'' = 2.88 = A |
| DSRI: 1.27 (Receivables 17.5m/12.7m, Revenue 1.36b/1.25b) |
| GMI: 0.95 (GM 30.36% / 31.83%) |
| 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 = -2.81 (Cap -4..+1) = A |
As of June 29, 2026, the stock is trading at USD 13.30 with a total of 1,409,868 shares traded. Over the past week, the price has changed by +2.62%, over one month by +10.47%, over three months by +23.61% and over the past year by +13.00%.
Current recommended Stop Loss: 12.80 (which is 3.8% or 1.4 ATR below the current price).
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 | 16.5% |
P/E Trailing = 21.3167
P/E Forward = 16.0514
P/S = 0.7662
P/B = 3.8235
Revenue TTM = 1.36b USD
EBIT TTM = 107.4m USD
EBITDA TTM = 186.9m 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 = 1.36b USD (1.04b + Debt 593.6m - CCE 274.1m)
Interest Coverage Ratio = 3.07 (Ebit TTM 107.4m / Interest Expense TTM 35.0m)
EV/FCF = 8.91x (Enterprise Value 1.36b / FCF TTM 152.8m)
FCF Yield = 11.23% (FCF TTM 152.8m / Enterprise Value 1.36b)
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 = 1.27 (Enterprise Value 1.36b / Total Assets 1.07b)
Interest Expense / Debt = 5.90% (Interest Expense 35.0m / Debt 593.6m)
Taxrate = 29.08% (21.0m / 72.4m)
NOPAT = 76.2m (EBIT 107.4m * (1 - 29.08%))
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 = 1.71 (Net Debt 319.5m / EBITDA 186.9m)
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 = 13.13% (EBIT 107.4m / Capital Employed (Equity 267.4m + L.T.Debt 550.6m))
RoIC = 8.29% (NOPAT 76.2m / Invested Capital 919.1m)
WACC = 6.85% (E(1.04b)/V(1.63b) * Re(8.37%) + D(593.6m)/V(1.63b) * Rd(5.90%) * (1-Tc(0.29)))
Discount Rate = 8.37% (= 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%