STAR ENTERTAINMENT GROUP LIMITED (SGR)
Share Price Analysis and Chart

Enter the company code or Name for stock analysis:

SGR - STAR ENTERTAINMENT GROUP LIMITED

FNArena Sector : Gaming
Year End: June
GICS Industry Group : Consumer Services
Debt/EBITDA: 2.39
Index: ASX200 | ASX300 | ALL-ORDS

Star Entertainment is an Australian gaming and entertainment company. It owns and operates three casinos and manages the Gold Coast Convention & Exhibition Centre on behalf of the QLD government. It was listed in 2011.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$0.53

05 Dec
2023

-0.015

OPEN

$0.54

-2.75%

HIGH

$0.55

8,725,189

LOW

$0.53

TARGET
$0.90 69.8% upside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
AGI . ALL . BET . JIN . LNW . PBH . PLY . SKC . TAH . TLC . TLC .
FNARENA'S MARKET CONSENSUS FORECASTS
SGR: 1
Title FY22
Actual		 FY23
Actual		 FY24
Forecast		 FY25
Forecast
EPS (cps) xxx - 195.8 2.2 xxx
DPS (cps) xxx 0.0 0.0 xxx
EPS Growth xxx N/A N/A xxx
DPS Growth xxx N/A N/A xxx
PE Ratio xxx N/A 25.5 xxx
Dividend Yield xxx N/A 0.0% xxx
Div Pay Ratio(%) xxx N/A 0.0% xxx

Dividend yield today if purchased 3 years ago: 0.00%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 0.00

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 25/02 - ex-div 10.5c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2023 FactSet UK Limited. All rights reserved
Title 201820192020202120222023
EPS Basic xxxxxxxxxxxxxxx-195.8
DPS All xxxxxxxxxxxxxxx0.0
Sales/Revenue xxxxxxxxxxxxxxx1,856.2 M
Book Value Per Share xxxxxxxxxxxxxxx101.3
Net Operating Cash Flow xxxxxxxxxxxxxxx-12.6 M
Net Profit Margin xxxxxxxxxxxxxxx-131.19 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201820192020202120222023
Return on Capital Employed xxxxxxxxxxxxxxx-93.64 %
Return on Invested Capital xxxxxxxxxxxxxxx-66.91 %
Return on Assets xxxxxxxxxxxxxxx-56.44 %
Return on Equity xxxxxxxxxxxxxxx-93.64 %
Return on Total Capital xxxxxxxxxxxxxxx3.32 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx-147.9 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 201820192020202120222023
Short-Term Debt xxxxxxxxxxxxxxx6 M
Long Term Debt xxxxxxxxxxxxxxx751 M
Total Debt xxxxxxxxxxxxxxx757 M
Goodwill - Gross xxxxxxxxxxxxxxx1,442 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx89 M
Price To Book Value xxxxxxxxxxxxxxx1.05

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201820192020202120222023
Capex xxxxxxxxxxxxxxx135.3 M
Capex % of Sales xxxxxxxxxxxxxxx7.29 %
Cost of Goods Sold xxxxxxxxxxxxxxx1,028 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx707 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx707 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

0.9

No. Of Recommendations

4
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Morgans

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

UBS

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Ord Minnett

27/09/2023

2

Accumulate

$1.20

126.42%

Ord Minnett reduces the target for Star Entertainment by -33% to $1.20 because of the dilution from a $750m capital raising that comprises a $589m 1-for-1.65 pro rata non-renounceable rights offer and $161m institutional placement.

A further $450m in new debt should wipe out all existing debt and provide headroom for any near-term payments, the broker adds, including the penalty from AUSTRAC.

While being surprised that a capital raising occurred just seven months after raising capital in February, the broker considers the rights issue appealing on valuation grounds. Accumulate maintained.

FORECAST
Ord Minnett forecasts a full year FY24 dividend of 0.00 cents and EPS of 2.80 cents.
Ord Minnett forecasts a full year FY25 dividend of 0.00 cents and EPS of 3.70 cents.

Macquarie

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial
Access Stockbroker Research History >

SGR STOCK CHART

FNArena News on SGR

1
ESG Focus: The Little Big Things – 27-09-2023

Sep 27 2023 - ESG Focus
2
Weekly Ratings, Targets, Forecast Changes – 01-09-23

Sep 04 2023 - Weekly Reports
3
FNArena Corporate Results Monitor – 31-08-2023

Aug 31 2023 - Australia
4
Rudi’s View: ARB, Corporate Travel, Goodman Group, NextDC, Orora, Worley & Xero

Jul 26 2023 - Rudi's View
5
Roll Of The Dice; Recession Proof Gambling

Jul 05 2023 - Australia

Latest Gaming News

1
Aristrocrat Set To Extend US Market Share

Jul 27 2023 - Australia
2
Regulatory Risk On The Rise For Endeavour Group

Jul 18 2023 - Australia
3
Roll Of The Dice; Recession Proof Gambling

Jul 05 2023 - Australia
4
Aristocrat Boosts Real Money Gaming Strategy

May 16 2023 - Australia
5
Aristocrat Leisure Eyeing Real Money Opportunity

Mar 29 2023 - Australia
6
Lottery Corp Enjoys A Win

Feb 27 2023 - Australia
7
Capital Management Options For Aristocrat Leisure

Nov 18 2022 - Australia
8
Lottery Corp Implements Powerball Pricing Boost 

Nov 10 2022 - Australia
9
How Resilient Is Aristocrat Leisure In Downturn?

Sep 20 2022 - Australia
10
Jumbo Optimism Relies On Lottery Resilience

Sep 07 2022 - Small Caps