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Australian (ASX) Casinos and Gaming Industry Analysis

UpdatedMay 28, 2022
DataAggregated Company Financials
Companies12
  • 7D-20.4%
  • 3M-21.8%
  • 1Y-31.8%
  • YTD-26.8%

Over the last 7 days, the Casinos and Gaming industry has dropped 20%, driven by Tabcorp Holdings declining 81%. In contrast, PointsBet Holdings has gained 13%. However, the industry is down 32% over the past year. Earnings are forecast to grow by 24% annually.

Industry Valuation and Performance

Has the Australian Casinos and Gaming Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPE
Sat, 28 May 2022AU$50.5bAU$14.8bAU$569.7m23.6x
Mon, 25 Apr 2022AU$48.8bAU$14.3bAU$403.2m36.8x
Wed, 23 Mar 2022AU$50.7bAU$14.3bAU$403.2m39.8x
Fri, 18 Feb 2022AU$54.4bAU$14.3bAU$623.6m43.9x
Sun, 16 Jan 2022AU$56.7bAU$14.0bAU$709.0m42.8x
Tue, 14 Dec 2021AU$57.3bAU$14.0bAU$709.0m41.5x
Thu, 11 Nov 2021AU$57.7bAU$13.7bAU$336.4m40.3x
Sat, 09 Oct 2021AU$56.6bAU$13.7bAU$336.4m39.5x
Mon, 06 Sep 2021AU$57.6bAU$13.7bAU$336.4m37.8x
Wed, 04 Aug 2021AU$51.8bAU$13.7bAU$336.4m39.5x
Sat, 08 May 2021AU$52.5bAU$13.1b-AU$335,197,730.0022.3x
Tue, 09 Feb 2021AU$43.9bAU$12.4b-AU$524,295,045.0023.5x
Mon, 02 Nov 2020AU$37.8bAU$13.1bAU$158.9m26.9x
Thu, 06 Aug 2020AU$34.8bAU$13.9bAU$523.7m29.4x
Sun, 10 May 2020AU$34.3bAU$15.0bAU$1.5b28.1x
Sat, 01 Feb 2020AU$47.1bAU$15.9bAU$1.9b24.9x
Tue, 05 Nov 2019AU$45.6bAU$15.8bAU$1.5b27.7x
Fri, 09 Aug 2019AU$43.0bAU$15.5bAU$1.4b21.8x
Median PE Ratio

18.9x


Total Market Cap: AU$42.4bTotal Earnings: AU$1.5bTotal Revenue: AU$15.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Casinos and Gaming Industry Median PE3Y Average 29.5x202020212022
Current Industry PE
  • Investors are more pessimistic on the industry, indicating that they anticipate long-term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 23.6x which is lower than its 3-year average PE of 29.5x.
Past Earnings Growth
  • The earnings for companies in the Casinos and Gaming industry have declined 27% per year over the last three years.
  • Meanwhile revenues have remained mostly flat.
  • This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Comparison

How does Australian Casinos and Gaming compare with similar industries?

AU Market-1.30%
Consumer Discretionary-6.35%
Hospitality-15.29%
Casinos and Gaming-20.35%
Leisure Facilities3.46%
Hotels, Resorts and Cruise Lines-0.93%
Restaurants-3.54%
Industry PEThere is insufficient data on the sub-industries of this industry.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
PBH PointsBet HoldingsAU$2.9112.8%
+AU$87.4m
-77.3%PS3x
CWN Crown ResortsAU$12.900.5%
+AU$40.6m
-0.3%PS5x
RCT Reef Casino TrustAU$3.030.3%
+AU$249.0k
26.8%PS10.2x
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