EBET (NASDAQ:EBET) & Cedar Fair (NYSE:FUN) Head to Head Contrast

EBET (NASDAQ:EBET) and Cedar Fair (NYSE:FUN) are both business services companies, but which is the superior business? We will contrast the two companies based on the strength of their analyst recommendations, risk, earnings, dividends, institutional ownership, valuation and profitability.

Profitability

This table compares EBET and Cedar Fair’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
EBET	N/A	N/A	N/A
Cedar Fair	0.99%	113.05%	2.41%

Volatility and Risk

EBET has a beta of 0.08, indicating that its share price is 92% less volatile than the S&P 500. Comparatively, Cedar Fair has a beta of 1.55, indicating that its share price is 55% more volatile than the S&P 500.

Earnings & Valuation

This table compares EBET and Cedar Fair”s gross revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
EBET	$39.18 million	0.00	-$84.24 million	N/A	N/A
Cedar Fair	$1.80 billion	2.47	$124.56 million	($0.64)	-69.30

Cedar Fair has higher revenue and earnings than EBET.

Insider and Institutional Ownership

0.7% of EBET shares are held by institutional investors. Comparatively, 64.7% of Cedar Fair shares are held by institutional investors. 7.7% of EBET shares are held by insiders. Comparatively, 1.6% of Cedar Fair shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.

Analyst Ratings

This is a summary of recent recommendations for EBET and Cedar Fair, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
EBET	0	0	0	0	0.00
Cedar Fair	1	1	12	0	2.79

Cedar Fair has a consensus target price of $56.21, suggesting a potential upside of 26.75%. Given Cedar Fair’s stronger consensus rating and higher possible upside, analysts clearly believe Cedar Fair is more favorable than EBET.

Summary

Cedar Fair beats EBET on 11 of the 12 factors compared between the two stocks.

About EBET

EBET, Inc. develops products and operates platforms to provide a real money online gambling experience focused on casino, sportsbook, and esports events. The company operates a portfolio of proprietary online casino and sportsbook brands consisting of Karamba, Hopa, Griffon Casino, BetTarget, Dansk777, and GenerationVIP. It also provides i-gaming, which include digital versions of wagering games in land-based casinos, such as blackjack, roulette, and slot machines, as well as online betting services. In addition, the company offers online gaming platform and managed services, including customer service, customer on-boarding, and payment processing ensuring operational stability and continuity. The company was formerly known as Esports Technologies, Inc. and changed its name to EBET, Inc. in May 2022. EBET, Inc. was incorporated in 2020 and is headquartered in Las Vegas, Nevada.

About Cedar Fair

Cedar Fair, L.P. owns and operates amusement and water parks, as well as complementary resort facilities. Its amusement parks include Cedar Point located on Lake Erie between Cleveland and Toledo in Sandusky, Ohio; Knott's Berry Farm near Los Angeles, California; Canada's Wonderland near Toronto, Ontario; Kings Island near Cincinnati, Ohio; Carowinds in Charlotte, North Carolina; Kings Dominion situated near Richmond, Virginia; California's Great America located in Santa Clara, California; Dorney Park in Pennsylvania; Worlds of Fun located in Kansas City, Missouri; Valleyfair situated near Minneapolis/St. Paul, Minnesota; Michigan's Adventure situated near Muskegon, Michigan; Schlitterbahn Waterpark & Resort New Braunfels in New Braunfels, Texas; and Schlitterbahn Waterpark Galveston in Galveston, Texas. The company also owns and operates the Castaway Bay Indoor Waterpark Resort, Hotel Breakers, Cedar Point's Express Hotel, and Sawmill Creek Resort. Cedar Fair, L.P. was founded in 1983 and is based in Sandusky, Ohio.