Meridian Holdings Inc. (MRDN)

NASDAQ: MRDN · USD

$10.1

-0.01 (-0.1%)· Recorded snapshot

Market cap	127.7M
Revenue (ttm)	197.2M
Net income (ttm)	-81.7M
EPS (ttm)	-$6.64
Shares out	12.7M
P/E (forward)	11.9x
Volume	19,834
Beta	1.57

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 197.2M
Net income (ttm): -81.7M
EPS (ttm): -$6.64
P/E (forward): 11.9x
Market cap: 127.7M

Ticker	Name	Market cap	P/E	P/S	ROIC	5Y rev CAGR	1Y total return	Rating
ABNB	Airbnb, Inc.	97.8B	37.5x	7.4x	16.8%	+24.4%	+28.5%	売り
AMZN	Amazon.com Inc.	2.7T	20.5x	3.5x	11.9%	+11.8%	+12.2%	売り
APTV	Aptiv PLC	9.1B	42.8x	0.4x	7.8%	+5.5%	-49.2%	買い

Calendar

Next earnings

Upcoming earnings date and setup when available.

Upcoming

DateLoading

Window—

EPS estimate—

Revenue estimate—

Sector percentile context

Refreshed 2026-10-28 19:55 UTC

Forward P/E11.9

P25 10.9P50 15.4P75 22.5

Trailing P/En/a

P25 12P50 17.7P75 28

ROE-95.2

P25 -15.1P50 6P75 18

ROIC7.1

P25 -3.5P50 5.2P75 12.7

Benchmarks · 1M

All MRDN indicators

Market & fundamental data

Available fields

218

Groups with data

Currency

USD

Showing 218 of 218 available metrics for this ticker.

Profile and market data

Ticker identity, listing, currency, market cap, and source dates.

Metric	Value
Amount currency	USD
CIK code	0001437925
Company name	Meridian Holdings Inc.
Country	United States
Country code	US
CUSIP number	381098409
Earnings date	2026-11-10
Earnings time	bmo
Employees	1,200
Employees change	0
Employees growth	0%
Enterprise value	$126.4M
Exchange	NASDAQ
Financial currency	USD
Financial report date	2026-06-30
First seen	2026-05-09
Fiscal year end	December
Industry	Gambling
Is primary listing	Yes
Is SPAC	No
ISIN number	US3810984092
Last earnings date	2026-07-29
Last refreshed	2026-10-28
Last stock split date	2026-03-03
Last stock split type	Reverse
Market cap	$127.7M
Market cap category	Micro-Cap
Next earnings date	2026-11-10
Options	Yes
Price	$10.09
Price currency	USD
Sector	Consumer Discretionary
Stock price date	2026-10-28
Symbol	MRDN
Tags	sports-betting, online-gambling
U.S. state	Nevada
Website	https://meridian-holdings.com

Valuation

Multiples, yields, enterprise-value ratios, and valuation checks.

Metric	Value
Earnings yield	-65.81%
EV/EBIT	34.23x
EV/EBITDA	7.55x
EV/FCF	5.1x
EV/Sales	0.64x
FCF / EV yield	19.62%
FCF yield	19.41%
Forward EV/Sales	0.59x
Forward P/E	11.93x
Forward P/S	0.59x
Industry forward P/E	15.76x
Industry P/E	851.62x
P/(FCF - SBC) ratio	5.55x
P/(OCF - SBC) ratio	4.79x
P/B ratio	2.57x
P/FCF ratio	5.15x
P/OCF ratio	4.49x
P/S ratio	0.64x
Price / tangible book value	8.32x
Price/EBITDA ratio	7.63x
Sector forward P/E	24.43x
Sector P/E	30.53x

Profitability

Margins, returns on capital, cash conversion, and quality metrics.

Metric	Value
EBIT margin	1.86%
EBITDA margin	8.41%
FCF margin	12.46%
Gross margin	55.72%
Operating margin	1.86%
Pretax margin	-44.58%
Profit margin	-41.41%
Profit per employee	$-68,047
Profitable quarters	2
Revenue per employee	$164,327
ROA	1.41%
ROCE	6.65%
ROE	-95.17%
ROIC	7.13%
ROIC (5Y)	20.39%
SBC / revenue	0.91%
Tax / revenue	-2.05%

Growth

Revenue, earnings, cash-flow, and forward growth indicators.

Metric	Value
EPS growth (QoQ)	-4.95%
EPS growth years	0
FCF growth	10.32%
FCF growth (QoQ)	31.45%
FCF growth 3Y	17.52%
Gross profit growth	12.39%
Gross profit growth (Q)	10.16%
Gross profit growth 3Y	21%
Net income growth (QoQ)	-4.24%
Net income growth quarters	2
Net income growth years	0
OCF growth	-10.43%
OCF growth (Q)	228.05%
OCF growth (QoQ)	51.28%
OCF growth 3Y	9.51%
Operating income growth 3Y	-38.13%
Revenue growth	14.1%
Revenue growth (Q)	16.07%
Revenue growth (QoQ)	0.18%
Revenue growth 3Y	32.78%
Revenue growth quarters	21
Revenue growth years	6

Financial statements

Income-statement and cash-flow amounts, totals and per share.

Metric	Value
Capital expenditures	$-3.6M
Depreciation and amortization	$12.9M
EBIT	$3.7M
EBITDA	$16.6M
EPS	$-6.64
FCF per share	$1.94
Financing cash flow	$-13M
Free cash flow	$24.6M
Free cash flow minus SBC	$22.8M
Gross profit	$109.9M
Income taxes	$-4M
Investing cash flow	$-14.3M
Net borrowing	$-15M
Net cash flow	$-4.8M
Net income	$-81.7M
Operating cash flow minus SBC	$26.4M
Operating income	$3.7M
Revenue	$197.2M
Stock-based compensation	$1.8M

Financial strength

Debt, cash, solvency, accounting-quality, and balance-sheet signals.

Metric	Value
Altman Z-Score	2.49
Book value per share	$3.93
Debt / EBITDA	0.78
Debt / equity	0.32
Debt / FCF	0.67
Goodwill	$8.8M
Interest coverage	1.6
Long-term assets	$79.9M
Long-term liabilities	$3.8M
Net cash (debt)	$1.3M
Net cash / market cap	1.03%
Net debt / EBITDA	-0.08
Net debt / equity	-0.03
Net debt / FCF	-0.05
Piotroski F-Score	5
Property, plant and equipment	$33.5M
Shareholders' equity	$51.2M
Tangible book value	$15.2M
Tangible book value per share	$1.20
Total assets	$115.1M
Total cash	$17.7M
Total debt	$16.4M
Total liabilities	$63.9M
WACC	12.68%

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Asset turnover	1.21
Current assets	$35.2M
Current liabilities	$60.1M
Current ratio	0.59
Inventory turnover	18.57
Net working capital	$-29.8M
Quick ratio	0.49
Working capital	$-24.9M
Working capital turnover	-7.97

Dividends and buybacks

Dividend yield, payout, buybacks, and shareholder-yield indicators.

Metric	Value
Buyback yield / dilution	-13.57%
Dividend yield	0%
Shareholder yield	-13.57%

Performance and technicals

Returns, volatility, beta, momentum, RSI, and moving-average context.

Metric	Value
150-day SMA	$11.78
1D price change	-0.1%
1M price change	-24.55%
1M total return	-24.55%
1W price change	-6.93%
1W total return	-6.93%
1Y price change	-14.38%
1Y return CAGR	-14.39%
1Y total return	-14.38%
20-day SMA	$10.95
200-day SMA	$10.85
3M price change	-26.58%
3M total return	-26.58%
50-day SMA	$12.55
50-day SMA vs 200-day SMA	50over200
52-week high	$16.09
52-week high date	2026-05-04
52-week low	$5.80
52-week low date	2026-02-24
6M price change	39.61%
6M total return	39.61%
All-time high	$75.24
All-time high date	2024-05-31
All-time low	$5.80
All-time low date	2026-02-24
Average true range (ATR)	$0.67
Average volume	38.2K
Beta (1Y)	0.53
Beta (2Y)	0.54
Beta (5Y)	1.57
Change from 52-week high	-37.29%
Change from 52-week low	73.97%
Change from all-time high	-86.6%
Change from all-time low	73.79%
Change from open	0.9%
Day's gap	-0.99%
Dollar volume	$200,125
High price	$10.09
Low price	$9.94
Monthly RSI	38.55
Open price	$10.00
Position in 52-week range	100%
Previous close	$10.10
Price vs 150-day SMA	-14.46%
Price vs 20-day SMA	-7.94%
Price vs 200-day SMA	-7.13%
Price vs 50-day SMA	-19.7%
Relative volume	0.52
RSI	30.3
Sharpe ratio	0.27
Sortino ratio	0.5
Volume	19.8K
Weekly RSI	41.2
YTD price change	4.89%
YTD total return	4.9%

Ownership and float

Institutional, insider, float, short-interest, and share-count fields.

Metric	Value
Float	2.8M
Float percentage	21.91%
Shares change (QoQ)	-0.21%
Shares change (YoY)	13.57%
Shares held by insiders	78.09%
Shares held by institutions	5.37%
Shares outstanding	12.7M
Short % of float	4.95%
Short % of shares	1.08%
Short ratio	3 days

Deeper analysis on MRDN

14 sections in the full report · jump straight to what you need

Forecast

Base and Bull forecast paths with report-date return framing.

→

Valuation

Fair-value bridge, DCF, owner earnings, and peer multiples.

→

Sensitivity

Cost-of-equity and terminal-growth stress table.

→

Risks

Kill scenarios, soft-pass flags, and downside catalysts.

→

Earnings

Next earnings setup and beat / inline / miss thresholds.

→

Position sizing

Entry, exit, conviction, and quarterly monitoring rules.

→

Financials

Revenue, margins, cash flow, and balance-sheet context.

→

Peers

Relative valuation and profitability against the cohort.

→

Moat

Economic-profit evidence and competitive advantage risk.

→

Industry cycle

Sector phase, capital cycle, and secular tailwinds.

→

Frequently asked questions

About this MRDN report

Is a complete MRDN research report available?

No complete published report is available for Meridian Holdings Inc. (MRDN) on this page. Market-directory data, when present, is not a substitute for a validated stock analysis.

Meridian Holdings Inc. (MRDN)

Price

Financial snapshot

Fair-value bridge

Latest news · MRDN

Valuation

Profitability

Balance sheet

Trading

Next earnings

Sector percentile context

All MRDN indicators

Profile and market data

Valuation

Profitability

Growth

Financial statements

Financial strength

Liquidity

Dividends and buybacks

Performance and technicals

Ownership and float

Deeper analysis on MRDN

Frequently asked questions