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NASDAQ · Consumer Cyclical

Invest in Canterbury Park stock from India

Indian and foreign residents can buy Canterbury Park (CPHC) shares directly through Paasa.

By Paasa · Updated

Canterbury Park at a glance

Price
$15.60-$0.18 (1.14%)
Market cap
$80.35M
Day range
$15.55 – $15.99
P/E
684.21
Dividend yield
1.79%
Volume
10.33
1 month
-1.70%
6 months
+1.36%
YTD
+1.30%
1 year
-5.28%
5 years
-9.41%

Live chart and statistics

Canterbury Park statements, FY2021–FY2025

Fiscal year20252024202320222021
Revenue$59.6M$61.6M$61.4M$66.8M$60.4M
Gross profit$17.1M$48.5M$48.8M$52.9M$47.9M
Operating income$2.5M$6.4M$11.5M$10.9M$17.8M
Net income−$529.4K$2.1M$10.6M$7.5M$11.8M
Earnings per share−$0.10$0.42$2.15$1.55$2.47
EBITDA$3.2M$8.4M$8.3M$14.0M$20.4M
Total assets$113.4M$109.9M$104.7M$92.3M$83.1M
Total debt$117.2K$177.8K$62.4K$19.0K$68.8K
Cash and short-term investments$20.8M$15.1M$26.9M$18.0M$11.9M
Shareholders' equity$83.9M$84.1M$81.8M$71.2M$64.4M
Operating cash flow$8.9M$6.5M$11.5M$11.2M$13.5M
Free cash flow$4.7M−$5.5M$3.6M$6.2M$9.7M
Capital expenditure−$4.2M−$12.0M−$7.9M−$5.0M−$3.8M

Fiscal years as reported, the latest ending 31 Dec 2025. Figures in USD; a dash means the provider reported nothing for that line.

Peer comparison

CompanyTickerPriceMarket cap
TronTRON$1.44$683.11M
Red Robin Gourmet BurgersRRGB$7.25$134.12M
UnifiUFI$6.60$122.68M
MaxsMakingMAMK$13.16$121.07M
Nova LifeStyleNVFY$6.18$85.22M
United HomesUHG$1.22$71.77M
InterGroupINTG$33.33$71.62M
Full House ResortsFLL$1.70$61.65M

Peers as grouped by the data provider. This is not an investment recommendation.

How to invest in Canterbury Park from India

  1. Step 1

    Open your Paasa account

    KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.

  2. Step 2

    Add funds from your Indian bank account

    Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit.

  3. Step 3

    Search CPHC and buy

    Find Canterbury Park by name or by its ticker, CPHC, and place your order. Fractional shares are available and there is no minimum trade size, so you can buy by amount instead of whole shares.

Why invest in Canterbury Park from India

What Canterbury Park does

Canterbury Park Holding Corporation (CPHC) is a multifaceted enterprise that operates through its subsidiaries across several key business areas. Its equestrian racing division offers year-round simulcasts of horse races, alongside seasonal wagering opportunities on live thoroughbred and quarter horse competitions. Canterbury Park operates in the Gambling, Resorts & Casinos industry within the Consumer Cyclical sector.

Hold a dollar asset

Canterbury Park shares are priced in US dollars, so a weaker rupee adds to what they're worth in rupees. The rupee depreciated over 85% against the dollar between 2010 and 2025.

Buy a fraction of a share

Buy by amount, not by share, and get the matching fraction of one Canterbury Park share. There is no minimum trade size.

Paasa handles the paperwork

Investing abroad brings paperwork with it: remittance filings, capital gains reporting, foreign asset disclosure. Paasa prepares all of it for you. Your India-ready tax reports arrive at year end, ready to file.

Planning to hold more than $60,000 in US stocks? Here's what US estate tax means for you.

US-listed shares held in your own name fall under US estate tax rules. If your US holdings cross $60,000, the amount above that can be taxed at up to 40% when the account passes to your family.

There are two ways to plan for it: keep the right estate documentation in place, or get your consumer cyclical exposure through a UCITS ETF instead, which sits outside US estate tax.

How US estate tax works See UCITS options

Frequently asked questions

Can I buy Canterbury Park stock from India?

Yes. Indian residents and NRIs can buy Canterbury Park (CPHC) shares directly through Paasa. Canterbury Park is listed on NASDAQ, in the Gambling, Resorts & Casinos industry. Your money leaves India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name at Interactive Brokers.

Do I need to buy a full Canterbury Park share?

No. You can buy part of one Canterbury Park share and add to your position over time. One share is $15.60, and you can buy whole shares or any fraction; there is no minimum trade size.

How are Canterbury Park dividends taxed for Indian investors?

The US withholds 25% tax on dividends before they reach you; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit when you file in India. Dividends are taxed at your slab rate in India. Canterbury Park’s current yield is 1.79%. Paasa's dividend report lists the gross dividend and any tax withheld for each payment, which is what you need when you file.

What tax do I pay in India when I sell Canterbury Park shares?

The US does not levy capital gains tax on shares for Indian residents. In India, gains on shares held for more than 24 months are long-term and taxed at 12.5%, and gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. Both are worked out in rupees at the USD/INR rate on the day you bought and the day you sold, so the currency move is part of the gain. Paasa's capital-gains statement gives you the figures for your return.

What happens to my Canterbury Park shares if I pass away?

US-listed shares held in your own name fall under US estate tax rules. If your US holdings cross $60,000, the amount above that can be taxed at up to 40% when the account passes to your family. There are two ways to plan for it: keep the right estate documentation in place, or get your consumer cyclical exposure through a UCITS ETF instead, which sits outside US estate tax. Paasa's US estate tax calculator shows the exposure for a given portfolio value.

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