Update shared on22 Aug 2025
Fair value Increased 22%Consensus price targets for SkyCity Entertainment Group have been revised upward, driven by a notable improvement in net profit margin and supported by a slightly higher future P/E, resulting in the fair value estimate rising from NZ$1.60 to NZ$1.88.
What's in the News
- SkyCity Entertainment Group announced a NZD 240 million follow-on equity offering via a rights issue and direct listing, issuing over 340 million new ordinary shares at NZD 0.70 per share.
- The company has hired Jarden to evaluate strategic options for its property portfolio, including the Auckland casino and convention centre carpark, hotels, and offices, following previous challenges with the carpark sale and significant outstanding debt.
Valuation Changes
Summary of Valuation Changes for SkyCity Entertainment Group
- The Consensus Analyst Price Target has significantly risen from NZ$1.60 to NZ$1.88.
- The Net Profit Margin for SkyCity Entertainment Group has significantly risen from 8.80% to 10.04%.
- The Future P/E for SkyCity Entertainment Group has risen slightly from 19.38x to 20.31x.
Disclaimer
AnalystConsensusTarget is a tool utilizing a Large Language Model (LLM) that ingests data on consensus price targets, forecasted revenue and earnings figures, as well as the transcripts of earnings calls to produce qualitative analysis. The narratives produced by AnalystConsensusTarget are general in nature and are based solely on analyst data and publicly-available material published by the respective companies. These scenarios are not indicative of the company's future performance and are exploratory in nature. Simply Wall St has no position in the company(s) mentioned. Simply Wall St may provide the securities issuer or related entities with website advertising services for a fee, on an arm's length basis. These relationships have no impact on the way we conduct our business, the content we host, or how our content is served to users. The price targets and estimates used are consensus data, and do not constitute a recommendation to buy or sell any stock, and they do not take account of your objectives, or your financial situation. Note that AnalystConsensusTarget's analysis may not factor in the latest price-sensitive company announcements or qualitative material.