Added to YB: 2025-09-30
Pitch date: 2025-09-26
CPHC [bullish]
Canterbury Park Holding Corporation
-7.39%
current return
Author Info
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Company Info
Canterbury Park Holding Corporation, through its subsidiaries, engages in horse racing, casino, food and beverage, and real estate development businesses.
Market Cap
$77.0M
Pitch Price
$16.45
Price Target
25.50 (+67%)
Dividend
1.85%
EV/EBITDA
7.5K
P/E
-54.37
EV/Sales
1.02
Sector
Hotels, Restaurants and Leisure
Category
value
Off to the Races: Canterbury Park Holding Corporation (CPHC)
CPHC: Horse track/casino operator w/ extensive land development assets. Operating EBITDA fell to $7.6M annually (down from subsidies ending), but sum-of-parts analysis values assets at $25.50/share vs $16.50 current price. $19.8M TIF receivables, $16M real estate JVs, 50 acres undeveloped land worth ~$12M. Multiple monetization paths including asset sales, spinoffs, or buybacks could unlock 54% upside.
Read full article (14 min)