ARDENT LEISURE GROUP LIMITED (ALG)
Share Price Analysis and Chart

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ALG - ARDENT LEISURE GROUP LIMITED

FNArena Sector : Travel, Leisure & Tourism
Year End: June
GICS Industry Group : Consumer Services
Debt/EBITDA: -0.16
Index: ALL-ORDS

Ardent Leisure came into existance as Macquarie Leisure. It operates in Australia, New Zealand and the US. Its brands include Dreamworld, White Water World and Main Event. It relisted in 2018 following restructuring.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$0.425

30 Nov
2023

0.010

OPEN

$0.42

2.41%

HIGH

$0.43

1,760,449

LOW

$0.42

TARGET
$0.60 41.2% upside
Franking for last dividend paid out: 0%
OTHER COMPANIES IN THE SAME SECTOR
AIA . AIZ . CHL . CTD . EVT . EXP . FLT . HLO . KLS . QAN . SDR . SKO . SST . THL . VGL . VVA . WEB .
FNARENA'S MARKET CONSENSUS FORECASTS
ALG: 1
Title FY22
Actual		 FY23
Actual		 FY24
Forecast		 FY25
Forecast
EPS (cps) xxx - 3.7 1.4 xxx
DPS (cps) xxx 95.0 0.0 xxx
EPS Growth xxx N/A N/A xxx
DPS Growth xxx N/A N/A xxx
PE Ratio xxx N/A 30.0 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: 115.85%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 226.19

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: 05/07 - ex-div 48.93c (franking 0%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2023 FactSet UK Limited. All rights reserved
Title 201820192020202120222023
EPS Basic xxxxxxxxxxxxxxx-3.7
DPS All xxxxxxxxxxxxxxx95.0
Sales/Revenue xxxxxxxxxxxxxxx83.9 M
Book Value Per Share xxxxxxxxxxxxxxx53.1
Net Operating Cash Flow xxxxxxxxxxxxxxx-14.3 M
Net Profit Margin xxxxxxxxxxxxxxx-21.12 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201820192020202120222023
Return on Capital Employed xxxxxxxxxxxxxxx-12.18 %
Return on Invested Capital xxxxxxxxxxxxxxx-10.93 %
Return on Assets xxxxxxxxxxxxxxx-2.50 %
Return on Equity xxxxxxxxxxxxxxx-12.18 %
Return on Total Capital xxxxxxxxxxxxxxx-6.26 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx-265.8 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 xxxxxxxxxxxxxxx0 M
Long Term Debt xxxxxxxxxxxxxxx0 M
Total Debt xxxxxxxxxxxxxxx1 M
Goodwill - Gross xxxxxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxxxxx141 M
Price To Book Value xxxxxxxxxxxxxxx0.82

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201820192020202120222023
Capex xxxxxxxxxxxxxxx17.5 M
Capex % of Sales xxxxxxxxxxxxxxx20.85 %
Cost of Goods Sold xxxxxxxxxxxxxxx65 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx30 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx0 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

0.0

No. Of Recommendations

1
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Ord Minnett

28/08/2023

3

Hold

$0.60

41.18%

Ord Minnett considers the worse-than-expected FY23 loss was unimportant. What matters for Ardent Leisure was a recovery in its theme parks. Admissions were up 39% and per capita revenue was up 22%.

The improvement in these key metrics allays any concerns the broker previously had regarding margin slippage.

A buyback of up to 10% of issued capital will deploy around $27m in surplus cash yet Ord Minnett notes shareholder agitation for a return of not just the surplus cash but the estimated $55m set aside for expansion projects at Dreamworld. The broker suspects this could "boil over" into wider developments. Hold maintained. Target is $0.60.

FORECAST
Ord Minnett forecasts a full year FY24 dividend of 0.00 cents and EPS of 1.40 cents.
Ord Minnett forecasts a full year FY25 dividend of 0.00 cents and EPS of 2.60 cents.
Access Stockbroker Research History >

ALG STOCK CHART

FNArena News on ALG

1
Australian Broker Call *Extra* Edition – Oct 27, 2023

Oct 27 2023 - Daily Market Reports
2
Rudi’s View: Outlook Negative, With Plenty Of Silver Linings

Sep 06 2023 - Rudi's View
3
FNArena Corporate Results Monitor – 28-08-2023

Aug 28 2023 - Australia
4
Weekly Ratings, Targets, Forecast Changes – 09-06-23

Jun 13 2023 - Weekly Reports
5
Australian Broker Call *Extra* Edition – Mar 10, 2023

Mar 10 2023 - Daily Market Reports

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Oct 25 2022 - Treasure Chest
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