Canterbury Park Holding Corporation (CPHC) Key Metrics
CPHC valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $82.0M
- Enterprise value
- $62.9M
- P/E (TTM)
- 527.5 10-yr median 17.5
- Forward P/E
- 20.1
- PEG ratio
- —
- Price / sales
- 1.4 10-yr median 1.3
- Price / book
- 1.0 10-yr median 1.2
- EV / EBITDA
- 9.1 10-yr median 9.1
- Dividend yield
- 1.77% $0.28 a year
- Beta
- −0.39
CPHC key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsCPHC valuation Price multiples at each fiscal year-end price.
CPHC returns How much profit the business earns on the capital it uses.
CPHC per-share figures Results divided by the shares outstanding at year-end.
CPHC financial health Debt, liquidity and how easily interest is covered.
CPHC efficiency & capital use Working capital cycle and where the cash goes.
CPHC valuation history
CPHC returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
CPHC debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
CPHC cash returned to shareholders
CPHC price vs earnings per share
CPHC key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $78.1M | $103.2M | $101.1M | $152.9M | $83.4M | $56.2M | $57.1M | $63.1M | $71.5M | $43.3M |
| Enterprise value | $57.4M | $88.3M | $74.2M | $135.0M | $71.6M | $56.5M | $56.8M | $58.1M | $63.4M | $36.8M |
| P/E ratio | — | 48.8 | 9.6 | 20.4 | 7.1 | 52.9 | 21.0 | 11.0 | 17.5 | 10.3 |
| Price / sales | 1.3 | 1.7 | 1.6 | 2.3 | 1.4 | 1.7 | 1.0 | 1.1 | 1.3 | 0.8 |
| Price / book | 0.9 | 1.2 | 1.2 | 2.1 | 1.3 | 1.1 | 1.2 | 1.3 | 1.8 | 1.2 |
| Price / free cash flow | 16.6 | — | 27.9 | 24.6 | 8.6 | 402.4 | — | 75.9 | 21.7 | 84.9 |
| Price / operating cash flow | 8.8 | 15.8 | 8.8 | 13.6 | 6.2 | 33.5 | 8.5 | 10.0 | 10.1 | 8.8 |
| EV / sales | 1.0 | 1.4 | 1.2 | 2.0 | 1.2 | 1.7 | 1.0 | 1.0 | 1.1 | 0.7 |
| EV / EBITDA | 18.0 | 10.5 | 8.9 | 9.6 | 3.5 | 55.3 | 8.9 | 7.3 | 9.2 | 7.9 |
| EV / free cash flow | 12.2 | — | 20.5 | 21.7 | 7.4 | 404.0 | — | 69.9 | 19.2 | 72.2 |
| Earnings yield | −0.7% | 2.0% | 10.4% | 4.9% | 14.1% | 1.9% | 4.8% | 9.1% | 5.7% | 9.7% |
| Free cash flow yield | 6.0% | −5.3% | 3.6% | 4.1% | 11.6% | 0.2% | −14.8% | 1.3% | 4.6% | 1.2% |
| Dividend yield | 1.8% | 1.4% | 1.4% | 0.9% | 0.0% | 0.6% | 2.2% | 1.9% | 1.3% | 3.0% |
| Shareholder yield (dividends + buybacks) | 1.8% | 1.4% | 1.5% | 0.9% | 0.0% | 0.6% | 2.2% | 1.9% | 1.3% | 3.0% |
| Share price at fiscal year-end | $15.40 | $20.50 | $20.43 | $31.26 | $17.28 | $11.97 | $12.40 | $13.91 | $16.25 | $10.05 |
| Per share | ||||||||||
| Revenue per share | $11.75 | $12.23 | $12.41 | $13.66 | $12.51 | $7.05 | $12.85 | $13.04 | $12.94 | $12.17 |
| Earnings per share | −$0.10 | $0.42 | $2.13 | $1.54 | $2.44 | $0.23 | $0.59 | $1.26 | $0.93 | $0.97 |
| Operating cash flow per share | $1.75 | $1.30 | $2.33 | $2.29 | $2.80 | $0.36 | $1.46 | $1.40 | $1.61 | $1.15 |
| Free cash flow per share | $0.93 | −$1.08 | $0.73 | $1.27 | $2.01 | $0.03 | −$1.83 | $0.18 | $0.75 | $0.12 |
| Cash per share | $4.11 | $3.00 | $5.44 | $3.68 | $2.46 | −$0.02 | $0.10 | $1.13 | $2.07 | $1.51 |
| Book value per share | $16.54 | $16.71 | $16.53 | $14.55 | $13.33 | $10.92 | $10.72 | $10.31 | $9.25 | $8.48 |
| Tangible book value per share | $16.54 | $16.71 | $16.53 | $14.55 | $13.33 | $10.92 | $10.72 | $10.31 | $9.25 | $8.48 |
| Dividends per share | $0.28 | $0.28 | $0.28 | $0.28 | $0.00 | $0.07 | $0.28 | $0.27 | $0.22 | $0.30 |
| Capex per share | $0.82 | $2.38 | $1.60 | $1.02 | $0.78 | $0.33 | $3.29 | $1.21 | $0.86 | $1.03 |
| Debt per share | $0.02 | $0.04 | $0.01 | $0.00 | $0.01 | $0.02 | $0.04 | $0.03 | $0.21 | $0.00 |
| Shares outstanding | 5.1M | 5.0M | 4.9M | 4.9M | 4.8M | 4.7M | 4.6M | 4.5M | 4.4M | 4.3M |
| Change in shares outstanding | +0.8% | +1.7% | +1.2% | +1.3% | +2.8% | +2.0% | +1.6% | +3.0% | +2.1% | +1.6% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | −0.6% | 2.5% | 13.8% | 11.1% | 20.4% | 2.1% | 5.7% | 13.1% | 10.6% | 12.0% |
| Return on invested capital (ROIC) | 3.0% | 7.2% | 15.0% | 15.1% | 25.5% | 1.0% | 5.5% | 15.3% | 12.9% | 14.6% |
| Return on assets (ROA) | −0.5% | 2.0% | 10.7% | 8.6% | 15.5% | 1.6% | 4.3% | 9.9% | 7.9% | 8.8% |
| Return on tangible assets | −0.5% | 1.9% | 10.1% | 8.1% | 14.2% | 1.5% | 4.2% | 9.3% | 7.5% | 8.5% |
| Free cash flow margin | 7.9% | −8.9% | 5.9% | 9.3% | 16.1% | 0.4% | −14.2% | 1.4% | 5.8% | 1.0% |
| Income quality (OCF / net income) | — | 3.09 | 1.09 | 1.49 | 1.14 | 1.58 | 2.48 | 1.11 | 1.73 | 1.18 |
| Financial health | ||||||||||
| Total debt | $117,181 | $177,806 | $62,400 | $18,973 | $68,821 | $116,841 | $171,116 | $121,488 | $940,392 | $0 |
| Cash & short-term investments | $20.8M | $15.1M | $26.9M | $18.0M | $11.9M | −$116,841 | $459,285 | $5.1M | $9.1M | $6.5M |
| Net debt | −$20.7M | −$14.9M | −$26.9M | −$18.0M | −$11.8M | $233,682 | −$288,169 | −$5.0M | −$8.2M | −$6.5M |
| Debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.02 | 0.00 |
| Debt / assets | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.02 | 0.00 |
| Net debt / EBITDA | −6.50 | −1.78 | −3.23 | −1.28 | −0.58 | 0.23 | −0.05 | −0.63 | −1.18 | −1.40 |
| Current ratio | 2.60 | 2.29 | 3.28 | 2.94 | 2.49 | 0.94 | 0.35 | 1.21 | 1.42 | 1.39 |
| Quick ratio | 2.57 | 2.26 | 3.25 | 2.92 | 2.46 | 0.91 | 0.31 | 1.18 | 1.40 | 1.36 |
| Interest coverage | — | — | — | 12.0 | 19.6 | 1.8 | 16.1 | — | — | 139.9 |
| Working capital | $15.4M | $13.7M | $25.2M | $20.3M | $14.6M | −$643,060 | −$7.5M | $2.2M | $4.6M | $3.4M |
| Invested capital | $63.2M | $69.2M | $54.9M | $53.2M | $52.6M | $51.5M | $49.1M | $41.8M | $32.6M | $30.0M |
| Tangible asset value | $83.9M | $84.1M | $81.8M | $71.2M | $64.4M | $51.3M | $49.4M | $46.7M | $40.7M | $36.6M |
| Net current asset value | −$4.5M | −$1.4M | $13.4M | $9.6M | $5.7M | −$8.1M | −$12.0M | −$1.9M | $1.6M | −$995,882 |
| Graham number | — | $12.56 | $28.17 | $22.42 | $27.07 | $7.45 | $11.93 | $17.10 | $13.90 | $13.63 |
| Graham net-net per share | −$1.28 | −$1.57 | $1.54 | $0.74 | −$0.15 | −$3.69 | −$3.28 | −$1.80 | −$0.65 | −$1.00 |
| Capital allocation | ||||||||||
| Dividends paid | $1.4M | $1.4M | $1.4M | $1.4M | $1,706 | $328,587 | $1.3M | $1.2M | $961,626 | $1.3M |
| Share buybacks (net) | — | — | $171,748 | $0 | $25,948 | $0 | $0 | $0 | $0 | $0 |
| Dividend payout ratio | — | 66.5% | 13.1% | 18.1% | 0.0% | 30.9% | 47.1% | 21.1% | 23.5% | 30.7% |
| Dividends + buybacks / free cash flow | 30.2% | — | 42.9% | 21.9% | 0.3% | 235.1% | — | 145.1% | 29.1% | 252.5% |
| Capex / revenue | 7.0% | 19.5% | 12.9% | 7.5% | 6.3% | 4.6% | 25.6% | 9.3% | 6.6% | 8.4% |
| Capex / operating cash flow | 47.0% | 183.7% | 68.5% | 44.6% | 28.0% | 91.7% | 225.1% | 86.9% | 53.4% | 89.7% |
| Capex / depreciation | 1.05 | 3.31 | 2.51 | 1.68 | 1.33 | 0.56 | 5.66 | 2.15 | 1.50 | 1.74 |
| Stock-based compensation / revenue | 2.7% | 2.4% | 2.2% | 1.6% | 1.8% | 2.5% | 1.6% | 1.5% | 1.5% | 1.3% |
| SG&A / revenue | 54.2% | 53.9% | 54.6% | 48.2% | 34.8% | 59.3% | 55.1% | 52.9% | 53.0% | 47.4% |
| Efficiency | ||||||||||
| Days sales outstanding | 19.6 | 24.3 | 39.6 | 45.7 | 24.8 | 2.9 | 6.2 | 12.5 | 16.7 | 11.8 |
| Days of inventory on hand | 2.2 | 7.0 | 7.4 | 6.7 | 6.8 | 14.6 | 9.3 | 7.7 | 7.2 | 7.4 |
| Days payables outstanding | 25.3 | 115.6 | 115.1 | 74.6 | 76.6 | 154.6 | 96.2 | 88.8 | 76.3 | 77.8 |
| Cash conversion cycle (days) | -3.4 | -84.4 | -68.1 | -22.2 | -45.0 | -137.1 | -80.6 | -68.6 | -52.5 | -58.7 |
| Receivables turnover | 18.63 | 15.03 | 9.21 | 7.98 | 14.74 | 124.29 | 58.51 | 29.21 | 21.92 | 31.04 |
| Payables turnover | 14.44 | 3.16 | 3.17 | 4.89 | 4.77 | 2.36 | 3.80 | 4.11 | 4.78 | 4.69 |
| Inventory turnover | 163.40 | 52.17 | 49.40 | 54.40 | 53.67 | 25.00 | 39.11 | 47.24 | 50.67 | 49.31 |
| Asset turnover | 0.53 | 0.57 | 0.62 | 0.76 | 0.80 | 0.49 | 0.93 | 1.02 | 1.09 | 1.10 |
| Average receivables | $3.2M | $4.1M | $6.7M | $8.4M | $4.1M | $266,646 | $1.0M | $2.0M | $2.6M | $1.7M |
| Average payables | $2.9M | $4.1M | $4.0M | $2.8M | $2.6M | $3.2M | $3.5M | $3.2M | $2.7M | $2.6M |
| Average inventory | $260,038 | $250,014 | $255,722 | $255,231 | $233,590 | $304,454 | $343,664 | $280,099 | $255,388 | $250,560 |
| Intangibles / total assets | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Computed from CPHC's annual financial statements (latest annual report filed March 10, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
CPHC valuation and financial ratios
Based on the latest twelve months, the trailing P/E is 527.5 and the forward P/E is 20.1. Canterbury Park earned a return on equity of −0.6% and a return on invested capital of 3.0% in fiscal 2025. It ended the year with $0.1 million of debt and $20.8 million in cash and short-term investments, a net cash position of $20.7 million. It returned $1.4 million to shareholders: $1.4 million in dividends and $0 in share buybacks, 30% of free cash flow. The share count rose 17.7% from 4.3M to 5.1M over 9 years.
See the CPHC income statement, the CPHC chart for price history, or the CPHC stock overview for the latest quote and news.
CPHC key metrics FAQ
What is Canterbury Park's P/E ratio?
Canterbury Park's trailing P/E ratio is 527.5 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 20.1. At the end of fiscal 2025 it was —, compared with a 10-year median of 17.5.
What is Canterbury Park's EV/EBITDA?
Canterbury Park's enterprise value was 18.0 times EBITDA at the end of fiscal 2025 (enterprise value $57.4 million, EBITDA $3.2 million); the current EV/EBITDA is 9.1.
What is Canterbury Park's return on equity?
Canterbury Park's return on equity (ROE) was −0.6% in fiscal 2025: net income of -$0.5 million on average shareholders' equity of $84.0 million.
What is Canterbury Park's ROIC?
Canterbury Park's return on invested capital was 3.0% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Canterbury Park have?
Canterbury Park had total debt of $0.1 million at the end of fiscal 2025, a debt-to-equity ratio of 0.00 and more cash than debt.
What is Canterbury Park's dividend yield?
Canterbury Park's forward dividend yield is 1.77%. Canterbury Park paid $1.4 million in dividends in fiscal 2025 ($0.28 per share), a payout ratio of —.
What is Canterbury Park's free cash flow yield?
Canterbury Park generated $4.7 million of free cash flow in fiscal 2025, a free cash flow yield of 6.0% on its market value at year-end ($78.1 million).
What is Canterbury Park's current ratio?
Canterbury Park's current ratio was 2.60 at the end of fiscal 2025: current assets were 2.60 times current liabilities.