Star Entertainment Group (ASX:SGR) Takes On Some Risk With Its Use Of Debt
Apr 16
Australian (ASX) Casinos and Gaming Industry Analysis
UpdatedApr 22, 2024
DataAggregated Company Financials
Companies12
- 7D-2.9%
- 3M-5.9%
- 1Y-4.0%
- YTDn/a
Over the last 7 days, the Casinos and Gaming industry has dropped 2.9%, driven by Star Entertainment Group declining 14%. On the other hand Betmakers Technology Group is actually up 32%. The industry has fallen 4.0% in the last year. Earnings are forecast to grow by 13% annually.
Industry Valuation and Performance
Has the Australian Casinos and Gaming Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 23 Apr 2024 | AU$41.3b | AU$14.7b | -AU$120,234,868.00 | 17.6x | -343.7x | 2.8x |
| Thu, 21 Mar 2024 | AU$45.0b | AU$14.7b | -AU$122,732,868.00 | 19.4x | -366.3x | 3x |
| Sat, 17 Feb 2024 | AU$44.8b | AU$14.9b | -AU$803,837,719.00 | 28.6x | -55.7x | 3x |
| Mon, 15 Jan 2024 | AU$50.1b | AU$16.7b | -AU$1,140,837,719.00 | 26.4x | -43.9x | 3x |
| Wed, 13 Dec 2023 | AU$49.6b | AU$16.7b | -AU$1,140,837,719.00 | 24.6x | -43.4x | 3x |
| Fri, 10 Nov 2023 | AU$50.7b | AU$16.3b | -AU$1,506,437,719.00 | 27.1x | -33.6x | 3.1x |
| Sun, 08 Oct 2023 | AU$50.7b | AU$16.3b | -AU$1,506,437,719.00 | 30.8x | -33.7x | 3.1x |
| Tue, 05 Sep 2023 | AU$53.0b | AU$16.3b | -AU$1,514,060,733.00 | 33.9x | -35x | 3.3x |
| Thu, 03 Aug 2023 | AU$52.4b | AU$16.6b | -AU$752,887,733.00 | 29.4x | -69.6x | 3.2x |
| Sat, 01 Jul 2023 | AU$52.0b | AU$16.6b | -AU$752,887,733.00 | 28x | -69.1x | 3.1x |
| Mon, 29 May 2023 | AU$51.5b | AU$16.6b | -AU$752,887,733.00 | 27.9x | -68.4x | 3.1x |
| Wed, 26 Apr 2023 | AU$51.6b | AU$16.2b | -AU$892,914,733.00 | 26.3x | -57.7x | 3.2x |
| Fri, 24 Mar 2023 | AU$50.6b | AU$16.2b | -AU$889,714,733.00 | 25.4x | -56.9x | 3.1x |
| Sun, 19 Feb 2023 | AU$48.8b | AU$15.3b | AU$308.2m | 28.2x | 158.3x | 3.2x |
| Tue, 17 Jan 2023 | AU$48.2b | AU$15.3b | AU$308.2m | 30.1x | 156.2x | 3.1x |
| Thu, 15 Dec 2022 | AU$48.9b | AU$15.3b | AU$308.2m | 28.5x | 158.6x | 3.2x |
| Sat, 12 Nov 2022 | AU$51.2b | AU$15.0b | AU$346.2m | 27.8x | 148x | 3.4x |
| Mon, 10 Oct 2022 | AU$47.5b | AU$15.0b | AU$346.2m | 24.5x | 137.1x | 3.2x |
| Wed, 07 Sep 2022 | AU$48.5b | AU$15.0b | AU$350.1m | 26.2x | 138.6x | 3.2x |
| Fri, 05 Aug 2022 | AU$40.1b | AU$14.8b | AU$569.7m | 23.7x | 70.5x | 2.7x |
| Sun, 03 Jul 2022 | AU$39.6b | AU$14.8b | AU$569.7m | 23.3x | 69.5x | 2.7x |
| Tue, 31 May 2022 | AU$39.9b | AU$14.8b | AU$569.7m | 23.6x | 70.1x | 2.7x |
| Thu, 28 Apr 2022 | AU$48.0b | AU$14.3b | AU$403.2m | 35.1x | 119x | 3.4x |
| Sat, 26 Mar 2022 | AU$50.8b | AU$14.3b | AU$403.2m | 39.4x | 125.9x | 3.6x |
| Mon, 21 Feb 2022 | AU$53.8b | AU$14.1b | AU$499.7m | 38.2x | 107.6x | 3.8x |
| Wed, 19 Jan 2022 | AU$56.9b | AU$14.0b | AU$709.0m | 42.4x | 80.3x | 4.1x |
| Fri, 17 Dec 2021 | AU$56.0b | AU$14.0b | AU$709.0m | 40.9x | 79x | 4x |
| Sun, 14 Nov 2021 | AU$57.4b | AU$13.7b | AU$336.4m | 39.8x | 170.7x | 4.2x |
| Tue, 12 Oct 2021 | AU$54.7b | AU$13.7b | AU$336.4m | 38.7x | 162.7x | 4x |
| Thu, 09 Sep 2021 | AU$57.6b | AU$13.7b | AU$336.4m | 36.9x | 171.2x | 4.2x |
| Sat, 07 Aug 2021 | AU$52.8b | AU$13.7b | AU$336.4m | 40.7x | 156.8x | 3.8x |
| Fri, 30 Apr 2021 | AU$52.5b | AU$13.1b | -AU$335,197,730.00 | 22.3x | -156.7x | 4x |
Price to Earnings Ratio
-156.7x
Current Industry PE
- Investors are pessimistic on the Australian Casinos and Gaming industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The 3-year average PS ratio of 3.4x is higher than the industry's current PS ratio of 2.8x.
Past Earnings Growth
- The earnings for companies in the Casinos and Gaming industry have improved over the last three years.
- Revenues for these companies have grown 4.2% per year.
- This means that more sales are being generated by these companies overall, and subsequently losses are decreasing too.
Industry Comparison
How does Australian Casinos and Gaming compare with similar industries?
| AU Market | -2.96% | |
| Consumer Discretionary | -3.39% | |
| Hospitality | -3.80% | |
| Casinos and Gaming | -2.86% | |
| Leisure Facilities | -0.57% | |
| Restaurants | -5.85% | |
| Hotels, Resorts and Cruise Lines | -6.62% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| BET Betmakers Technology Group | AU$0.14 | 31.8% +AU$33.8m | -12.1% | PS1.4x | |
| BBT BlueBet Holdings | AU$0.21 | -15.7% AU$2.7m | -28.3% | PS1x | |
| RCT Reef Casino Trust | AU$3.15 | 2.3% +AU$1.7m | -1.6% | PE14.6x |