SKC · ASX

SKYCITY Entertainment Group Limited (ASX:SKC)

AU$1.28

 -0.005 (-0.388%)
ASX:Live
20/12/2024 04:10:10 PM
HALO Ords HALO MQV HALO Growth HALO GARP HALO Earnings Momentum +3
Consensus Score
/10
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SKC Overview

SKC Health Scores

Short Term

Mean Reversion

Neutral

Trend

Neutral

Event

Very Weak

Halo Model

MQV

Weak

GARP

Very Weak

MQV Small

Neutral

Valuation

Value

Consensus

Momentum

Price

Very Weak

Earnings

Weak

Growth

Earnings

Very Weak

Dividends

Very Strong

Quality

Capital Efficiency

Strong

Balance Sheet

Very Strong

About SKC

Website

SKYCITY Entertainment Group Limited

Telephone

64.9.363.6000

Address

Level 13 99 Albert Street Auckland 1010

Description

SKYCITY Entertainment Group Ltd. engages in operating entertainment casino complexes in New Zealand and Australia. It operates through the following business segments: SkyCity Auckland, Other New Zealand Operations, SkyCity Adelaide, International Business, and Corporate/Group. The SkyCity Auckland segment includes casino operations, hotels and conventions. The Other New Zealand Operations segments refers to the operations at SkyCity Hamilton, SkyCity Queenstown, SkyCity Wharf and online gaming. The SkyCity Adelaide segment relates to casino operations, hotel, and food and beverage. The International Business segment focuses on the gaming operations for international customers. The Corporate/Group segment is associated with head office functions, funding entities and the Group's investment in its associate Gaming Innovation Group Inc. The company was founded in February 1996 and is headquartered in Auckland, New Zealand.

SKC Price Chart

Key Stats

Market Cap

AU$973.52M

PE

9.70

EV/EBITDA

6.7

Dividends Overview

DIV Yield

3.3%

Franking

N/A

Ex Dividend Date (est.)

06-Mar-24

Market Data

52 weeks range

Low 1.19 - 2.02

Trade Value (12mth)

AU$116,973.00

1 week

2.66%

1 month

5.88%

YTD

-20.35%

1 year

-20.12%

All time high

4.92

Key Fundamentals

EPS 3 yr Growth

-191.60%

EBITDA Margin

27.80%

Operating Cashflow

$180m

Free Cash Flow Return

9.90%

ROIC

-7.30%

Interest Coverage

9.80

Quick Ratio

0.40

Other Data

Shares on Issue (Fully Dilluted)

759m

HALO Sector

Discretionary

Next Company Report Date

20-Aug-25

Ex Dividend Date (est.)

06-Mar-24

Next Dividend Pay Date (est.)

21-Mar-24

Reporting Currency

AUD

Short Sell (% of issue)

1.50

SKC Announcements

Latest Announcements

Date Announcements

29 November 24

Disclosure of senior managers relevant interests

×

Disclosure of senior managers relevant interests

28 November 24

Issue of Restricted Share Rights

×

Issue of Restricted Share Rights

20 November 24

Senior Manager Changes

×

Senior Manager Changes

31 October 24

2024 Annual Meeting of Shareholders

×

2024 Annual Meeting of Shareholders

31 October 24

Results of Annual Meeting of Shareholders

×

Results of Annual Meeting of Shareholders

24 October 24

Resignation of General Counsel and Company Secretary

×

Resignation of General Counsel and Company Secretary

16 October 24

Update on South Australian casino duty dispute

×

Update on South Australian casino duty dispute

27 September 24

Disclosure of senior managers relevant interests

×

Disclosure of senior managers relevant interests

26 September 24

High Court finalises NZ AML CFT penalty amount

×

High Court finalises NZ AML CFT penalty amount

23 September 24

Redemption and Conversion of Restricted Share Rights

×

Redemption and Conversion of Restricted Share Rights

23 September 24

Change in substantial holding

×

Change in substantial holding

20 September 24

Notice of Annual Meeting 2024

×

Notice of Annual Meeting 2024

19 September 24

Redemption and Conversion of Restricted Share Rights (AU)

×

Redemption and Conversion of Restricted Share Rights (AU)

19 September 24

Disclosure of senior managers relevant interests

×

Disclosure of senior managers relevant interests

13 September 24

Redemption and Conversion of Restricted Share Rights (NZ)

×

Redemption and Conversion of Restricted Share Rights (NZ)

13 September 24

Appointment of Managing Director Adelaide

×

Appointment of Managing Director Adelaide

29 August 24

Disclosure of senior managers relevant interests

×

Disclosure of senior managers relevant interests

22 August 24

Annual result for the year ended 30 June 2024

×

Annual result for the year ended 30 June 2024

19 August 24

Impairment of SKC Adelaide and adjustment for NZ tax law

×

Impairment of SKC Adelaide and adjustment for NZ tax law

19 August 24

USPP and revolving bank debt refinancing completed

×

USPP and revolving bank debt refinancing completed

12 August 24

Closing date for Director nominations

×

Closing date for Director nominations

02 August 24

Five-day closure of the SkyCity Auckland gambling area

×

Five-day closure of the SkyCity Auckland gambling area

30 July 24

Regulation of online casinos in New Zealand

×

Regulation of online casinos in New Zealand

26 July 24

Ceasing to be a substantial holder

×

Ceasing to be a substantial holder

22 July 24

Withdrawal of suspension application

×

Withdrawal of suspension application

SKC Fundamentals

Per Share Records

Historical data

Forecast data

AUD 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027
Per Share, Growth & Valuations
EPS (Basic) $ Lock Lock Lock Lock -0.04 0.01 -0.17 Lock Lock Lock
EPS (Fully Diluted) $ Lock Lock Lock Lock -0.04 0.01 -0.17 Lock Lock Lock
     Growth % Lock Lock Lock Lock -121.7 123.2 -1,920.8 Lock Lock Lock
     PE X Lock Lock Lock Lock 674.4 12.6 9.7 Lock Lock Lock
     EV/EBITDA X Lock Lock Lock Lock 21.0 6.8 6.7 Lock Lock Lock
CFPS $ Lock Lock Lock Lock 0.15 0.19 0.05 Lock Lock Lock
FCFPS $ Lock Lock Lock Lock -0.11 -0.06 -0.24 Lock Lock Lock
     Growth % Lock Lock Lock Lock -46.7 30.1 -71.6 Lock Lock Lock
     Yield % Lock Lock Lock Lock -4.1 -2.8 -17.8 Lock Lock Lock
DPS $ Lock Lock Lock Lock 0.00 0.13 0.00 Lock Lock Lock
     Growth % Lock Lock Lock Lock -100.0 N/A -100.0 Lock Lock Lock
     Yield % Lock Lock Lock Lock 0.0 5.6 3.3 Lock Lock Lock
     Payout Ratio % Lock Lock Lock Lock 0 200 0 Lock Lock Lock
BPS $ Lock Lock Lock Lock 1.88 1.86 1.57 Lock Lock Lock
BPS (Tangible) $ Lock Lock Lock Lock 1.13 1.17 0.91 Lock Lock Lock
     Growth % Lock Lock Lock Lock -9.0 3.5 -22.0 Lock Lock Lock
Shares Outstanding
Diluted m Lock Lock Lock Lock 760 758 759 Lock Lock Lock
Basic m Lock Lock Lock Lock 760 758 759 Lock Lock Lock

Financial Records

Historical data

Forecast data

AUD 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027
Income Statement
Sales $m Lock Lock Lock Lock 484 735 737 Lock Lock Lock
     Growth % Lock Lock Lock Lock -22.7 51.9 0.3 Lock Lock Lock
Selling & General Expenses $m Lock Lock Lock Lock 107 187 183 Lock Lock Lock
Gross Income $m Lock Lock Lock Lock 124 320 303 Lock Lock Lock
     Growth % Lock Lock Lock Lock -50.6 157.6 -5.4 Lock Lock Lock
     Margin % Lock Lock Lock Lock 25.7 43.6 41.1 Lock Lock Lock
Cost of Goods Sold to Sales % Lock Lock Lock Lock 74 56 59 Lock Lock Lock
EBITDA $m Lock Lock Lock Lock 106 216 205 Lock Lock Lock
     Growth % Lock Lock Lock Lock -50.4 104.0 -5.2 Lock Lock Lock
     Margin % Lock Lock Lock Lock 21.9 29.4 27.8 Lock Lock Lock
Depreciation & Amortisation $m Lock Lock Lock Lock 89 83 85 Lock Lock Lock
EBIT $m Lock Lock Lock Lock 17 133 120 Lock Lock Lock
     Growth % Lock Lock Lock Lock -86.9 673.4 -10.1 Lock Lock Lock
     Margin % Lock Lock Lock Lock 3.6 18.1 16.2 Lock Lock Lock
Pretax Income $m Lock Lock Lock Lock -31 46 28 Lock Lock Lock
Income Taxes $m Lock Lock Lock Lock 1 40 160 Lock Lock Lock
Net Income $m Lock Lock Lock Lock -31 7 -133 Lock Lock Lock
     Growth % Lock Lock Lock Lock -121.7 123.2 -1,917.2 Lock Lock Lock
     Margin % Lock Lock Lock Lock -6.5 1.0 -18.0 Lock Lock Lock
Cash Flow Statement
Net Operating Cash Flow $m Lock Lock Lock Lock 61 230 180 Lock Lock Lock
Capital Expenditures $m Lock Lock Lock Lock 104 241 287 Lock Lock Lock
Net Investing Cash Flow $m Lock Lock Lock Lock -30 -47 -295 Lock Lock Lock
Net Financing Cash Flow $m Lock Lock Lock Lock -33 -4 -55 Lock Lock Lock
Free Cash Flow $m Lock Lock Lock Lock -33 -3 -101 Lock Lock Lock
     Growth % Lock Lock Lock Lock -145.2 91.5 -3,567.7 Lock Lock Lock
     Margin % Lock Lock Lock Lock -0.1 -0.0 -0.1 Lock Lock Lock
Franking Balance $m Lock Lock Lock Lock 0 0 0 Lock Lock Lock
Balance Sheet
Cash & Short-Term Investments $m Lock Lock Lock Lock 44 226 55 Lock Lock Lock
Total Assets $m Lock Lock Lock Lock 2,481 2,636 2,537 Lock Lock Lock
Long Term Debt $m Lock Lock Lock Lock 514 591 444 Lock Lock Lock
Net Debt $m Lock Lock Lock Lock 544 411 612 Lock Lock Lock
Total Liabilities $m Lock Lock Lock Lock 1,060 1,227 1,348 Lock Lock Lock
Equity $m Lock Lock Lock Lock 1,421 1,408 1,190 Lock Lock Lock
Invested Capital Lock Lock Lock Lock 1,935 2,000 1,634 Lock Lock Lock
     Growth % Lock Lock Lock Lock -5.2 3.3 -18.3 Lock Lock Lock
Return Ratios
Return on Assets % Lock Lock Lock Lock -1.3 0.3 -5.2 Lock Lock Lock
Return on Equity % Lock Lock Lock Lock -2.2 0.5 -11.1 Lock Lock Lock
Return on Total Capital % Lock Lock Lock Lock 0.8 6.6 6.1 Lock Lock Lock
Return on Invested Capital % Lock Lock Lock Lock -1.6 0.4 -7.3 Lock Lock Lock
Cash Flow Return on Invested Capital % Lock Lock Lock Lock 3.1 11.7 9.9 Lock Lock Lock

Ratios Records

Historical data

Forecast data

AUD 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027
Leverage
Interest Cover X Lock Lock Lock Lock 3.0 7.9 9.8 Lock Lock Lock
Debt to EBITDA X Lock Lock Lock Lock 5.1 1.9 3.0 Lock Lock Lock
Net Debt to Equity % Lock Lock Lock Lock 38.3 29.2 51.4 Lock Lock Lock
Liquidity
Current Ratio X Lock Lock Lock Lock 1.2 0.9 0.4 Lock Lock Lock
Quick Ratio X Lock Lock Lock Lock 1.2 0.9 0.4 Lock Lock Lock
Cash & ST Inv/Current Assets % Lock Lock Lock Lock 14.9 76.9 32.0 Lock Lock Lock
CFO/Current Liabilities % Lock Lock Lock Lock 25.2 72.0 38.9 Lock Lock Lock
Balance Sheet Efficiency
Receivables Turnover X Lock Lock Lock Lock 2.6 6.5 16.9 Lock Lock Lock
Inventory Turnover X Lock Lock Lock Lock 53.3 56.4 55.9 Lock Lock Lock
Working Capital Turnover X Lock Lock Lock Lock 9.4 0.0 0.0 Lock Lock Lock
Payables Turnover X Lock Lock Lock Lock 3.9 3.0 2.6 Lock Lock Lock
Asset Turnover X Lock Lock Lock Lock 0.2 0.3 0.3 Lock Lock Lock
Du Pont
Asset Turnover X Lock Lock Lock Lock 0.2 0.3 0.3 Lock Lock Lock
x Pretax Margin % Lock Lock Lock Lock -6.3 6.3 3.8 Lock Lock Lock
= Pretax Return on Assets % Lock Lock Lock Lock -1.2 1.8 1.1 Lock Lock Lock
x Tax Rate Complement (1-Tax Rate) % Lock Lock Lock Lock 0.0 86.4 578.6 Lock Lock Lock
Return on Assets % Lock Lock Lock Lock -1.3 0.3 -5.2 Lock Lock Lock
x Equity Multiplier (Assets/Equity) % Lock Lock Lock Lock 1.7 1.9 2.1 Lock Lock Lock
Return on Equity % Lock Lock Lock Lock -2.2 0.5 -11.1 Lock Lock Lock
x Earnings Retention (1-Payout) % Lock Lock Lock Lock 100.0 -1,245.6 100.0 Lock Lock Lock
= Reinvestment Rate (%) % Lock Lock Lock Lock -2.2 -6.5 -11.1 Lock Lock Lock
Operating Cycle
Days of Inventory on Hand Days Lock Lock Lock Lock 6.9 6.5 6.5 Lock Lock Lock
+ Days of Sales Outstanding Days Lock Lock Lock Lock 141.6 56.2 21.6 Lock Lock Lock
Operating Cycle Days Lock Lock Lock Lock 148.4 62.7 28.1 Lock Lock Lock
- Days of Payables Outstanding Days Lock Lock Lock Lock 23.6 17.9 17.1 Lock Lock Lock
Net Operating Cycle Days Lock Lock Lock Lock 124.8 44.7 11.0 Lock Lock Lock

Dividends

Key Stats

Ex Dividend Date (est.)

06-Mar-24

DIV Yield

3.3%

Franking Level

N/A

DPSg

-100.00%

Quality Yield

Lock

Falling Divs over next 2

Lock

Expected Dividend Cashflow

Dividend Clarity,
Enhanced
Strategy

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Values and Recommendations

Key Stats

Consensus Score

Lock

Recommendation

Lock

EPS 1 month Change

Lock

Quality Yield

Lock

Falling Divs over next 2

Lock

Halo Consensus Score

Lock Chart

PEG Ratio

Lock Chart

Consensus EPS Revisions

Lock Chart

Short selling

Key Stats

Percent of Issue

1.50%

Value ($M)

15

Prior Change

N/A

7 Day Change

N/A

1 Month Change

-0.10%

3 Month Change

-0.60%

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Frequently Asked Questions

The current share price of SKYCITY Entertainment Group Limited (SKC:ASX) is AU$1.28.
The 52-week high share price for SKYCITY Entertainment Group Limited (SKC:ASX) is AU$2.02.
The 52-week low share price for SKYCITY Entertainment Group Limited (SKC:ASX)? is AU$1.19.
The current TTM dividend payout for SKYCITY Entertainment Group Limited (SKC:ASX) is 3.30.
The last dividend payment of SKYCITY Entertainment Group Limited (SKC:ASX) is AU$0.06.
SKYCITY Entertainment Group Limited (SKC:ASX) has a franking level of 0.0%.
SKYCITY Entertainment Group Limited (SKC:ASX) is classified in the Discretionary.
The current P/E ratio for SKYCITY Entertainment Group Limited (SKC:ASX) is 9.70.
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