Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

Australian (ASX) Hospitality Industry Analysis

UpdatedJul 01, 2026
DataAggregated Company Financials
Companies24
  • 7D5.2%
  • 3M18.3%
  • 1Y-6.4%
  • YTD-0.1%

The Hospitality industry is up 5.2% in the last week, with Aristocrat Leisure up 7.6%. In the same time, Light & Wonder was down 9.0%. In the past year, the industry is down 6.4%. Earnings are forecast to grow by 12% annually.

Industry Valuation and Performance

Has the Australian Hospitality Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 01 Jul 2026AU$62.4bAU$23.5bAU$1.9b24.9x33.6x2.7x
Fri, 29 May 2026AU$54.2bAU$23.3bAU$1.9b23.2x28.8x2.3x
Sun, 26 Apr 2026AU$54.9bAU$23.6bAU$1.5b26.4x35.7x2.3x
Tue, 24 Mar 2026AU$53.7bAU$23.6bAU$1.5b25.6x34.9x2.3x
Thu, 19 Feb 2026AU$70.1bAU$28.0bAU$1.9b26.8x37x2.5x
Sat, 17 Jan 2026AU$78.9bAU$28.2bAU$1.9b31.2x41x2.8x
Mon, 15 Dec 2025AU$75.3bAU$28.2bAU$1.9b31.4x39x2.7x
Wed, 12 Nov 2025AU$69.4bAU$24.6bAU$1.4b34.1x50.5x2.8x
Fri, 10 Oct 2025AU$71.9bAU$24.6bAU$1.4b34.1x52.3x2.9x
Sun, 07 Sep 2025AU$73.7bAU$24.6bAU$1.3b35.2x55.4x3x
Tue, 05 Aug 2025AU$71.9bAU$24.6b-AU$895,993,544.0033.3x-80.2x2.9x
Thu, 03 Jul 2025AU$70.6bAU$24.6b-AU$895,993,544.0031.2x-78.8x2.9x
Sat, 31 May 2025AU$68.1bAU$24.6b-AU$854,437,544.0027.9x-79.7x2.8x
Mon, 28 Apr 2025AU$68.3bAU$24.5b-AU$667,337,544.0020.2x-102.3x2.8x
Wed, 26 Mar 2025AU$71.5bAU$24.6b-AU$357,022,544.0023x-200.3x2.9x
Fri, 21 Feb 2025AU$80.2bAU$24.6b-AU$318,013,794.0025.6x-252.3x3.3x
Sun, 19 Jan 2025AU$75.1bAU$24.6b-AU$917,403,528.0023.6x-81.8x3.1x
Tue, 17 Dec 2024AU$74.4bAU$24.6b-AU$912,156,528.0023.8x-81.5x3x
Thu, 14 Nov 2024AU$72.9bAU$24.7b-AU$940,088,528.0022.8x-77.5x2.9x
Sat, 12 Oct 2024AU$70.8bAU$24.6b-AU$731,088,528.0023.2x-96.8x2.9x
Mon, 09 Sep 2024AU$67.4bAU$24.5b-AU$196,095,201.0021.5x-343.8x2.8x
Wed, 07 Aug 2024AU$64.7bAU$23.9bAU$385.0m21.3x168.2x2.7x
Fri, 05 Jul 2024AU$65.8bAU$23.9bAU$385.0m21x170.9x2.7x
Sun, 02 Jun 2024AU$59.1bAU$23.6bAU$365.2m22.9x161.9x2.5x
Tue, 30 Apr 2024AU$57.2bAU$23.4bAU$292.0m24.8x195.9x2.4x
Thu, 28 Mar 2024AU$61.2bAU$23.4bAU$289.5m26.4x211.4x2.6x
Sat, 24 Feb 2024AU$61.4bAU$23.1b-AU$1,147,023,187.0036.6x-53.6x2.7x
Mon, 22 Jan 2024AU$70.4bAU$24.8b-AU$868,553,717.0033.8x-81.1x2.8x
Wed, 20 Dec 2023AU$69.5bAU$24.8b-AU$868,553,717.0033.4x-80.1x2.8x
Fri, 17 Nov 2023AU$66.6bAU$24.6b-AU$930,757,717.0033.3x-71.5x2.7x
Sun, 15 Oct 2023AU$66.8bAU$24.2b-AU$1,296,867,811.0034x-51.5x2.8x
Tue, 12 Sep 2023AU$68.7bAU$24.2b-AU$1,304,490,915.0034.5x-52.6x2.8x
Thu, 10 Aug 2023AU$71.7bAU$23.6b-AU$742,294,541.0034.6x-96.6x3x
Sat, 08 Jul 2023AU$66.4bAU$23.6b-AU$742,294,541.0029.8x-89.5x2.8x
Price to Earnings Ratio

-89.5x


Total Market Cap: AU$66.4bTotal Earnings: -AU$742,294,541.00Total Revenue: AU$23.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Hospitality Industry Price to Earnings3Y Average -17.4x202420252026
Current Industry PE
  • Investors are optimistic on the Australian Hospitality industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 33.6x which is higher than its 3-year average PE of -17.4x.
  • The industry is trading close to its 3-year average PS ratio of 2.8x.
Past Earnings Growth
  • Total earnings for the Hospitality industry have gone up over the last three years, and the industry is now profitable.
  • Revenues have remained mostly flat. This means that the industry has become more efficient since profits are increasing while sales have been flat.

Industry Trends

Which industries have driven the changes within the Australian Consumer Discretionary industry?

AU Market0.033%
Consumer Discretionary4.01%
Hospitality5.21%
Casinos and Gaming5.64%
Restaurants4.14%
Hotels, Resorts and Cruise Lines1.43%
Leisure Facilities0.06%
Industry PE
  • Investors are most optimistic about the Restaurants industry even though it's trading below its 3-year average PE ratio of 224x.
    • Analysts are expecting annual earnings growth of 27.3%, which is lower than the prior year's growth of 143.1% per year.
  • Investors are most pessimistic about the Hotels, Resorts and Cruise Lines industry, which is trading close to its 3-year average of 22.3x.
Forecasted Growth
  • Analysts are most optimistic on the Leisure Facilities industry, expecting annual earnings growth of 73% over the next 5 years.
  • However this is lower than its past earnings growth rate of 130% per year.
  • In contrast, the Casinos and Gaming industry is expected to see its earnings grow by 10% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
ALL Aristocrat LeisureAU$61.277.6%
+AU$2.6b		-6.7%PE25x
TLC LotteryAU$5.763.0%
+AU$378.2m		7.3%PE35.3x
GYG Guzman y GomezAU$21.0311.5%
+AU$219.7m		-26.6%PE119.9x
FLT Flight Centre Travel GroupAU$11.962.1%
+AU$51.1m		-7.0%PE22.3x
TAH Tabcorp HoldingsAU$0.831.8%
+AU$34.3m		12.8%PE57.8x

Latest News

CKF
AU$8.15
Collins Foods
7D
0.4%
1Y
-12.2%
EXP
AU$0.075
Experience Co
7D
2.7%
1Y
-38.8%
Narrative Update • Jun 26

EXP: Higher Required Return Will Support Future Upside Potential

Analysts have trimmed their fair value estimate for Experience Co from A$0.18 to A$0.15, citing slightly higher discount rate assumptions, more cautious revenue growth and profit margin expectations, and a higher projected future P/E multiple. What’s in the News for Experience Co No recent company specific news items for Experience Co have been provided in the available sources.
LNW
AU$110.63
Light & Wonder
7D
-9.0%
1Y
-24.5%
Narrative Update • Jun 26

LNW: Share Buybacks And Margin Outlook Will Support Future Upside Potential

Analysts have trimmed their Light & Wonder price target to about A$220 from roughly A$240, citing updated assumptions that combine a higher discount rate and more moderate revenue growth with stronger profit margins and a lower future P/E multiple. What’s in the News for Light & Wonder Light & Wonder reported that from January 1, 2026 to March 31, 2026 it repurchased 200,000 shares for $22 million under the buyback program announced on June 13, 2024.
TLC
AU$5.76
Lottery
7D
3.0%
1Y
7.3%
Narrative Update • Jun 26

TLC: Licence Extension And Earnings Assumptions Will Shape A Balanced Outlook

Analysts have adjusted their valuation for Lottery, with the fair value estimate moving from A$5.63 to A$5.82 as updated assumptions on discount rate, revenue growth, profit margin, and future P/E filter through their models. What’s in the News for Lottery The Lottery Corporation held an Analyst/Investor Day, giving the market an opportunity to hear updated views and assumptions that feed into valuation work on the stock.
SGR
AU$0.092
Star Entertainment Group
7D
-4.2%
1Y
-31.9%
Narrative Update • Jun 26

SGR: New Funding And Higher P/E Expectations Will Support Future Upside

Analysts have adjusted their price target for Star Entertainment Group to A$0.13 from A$0.12. This reflects updated assumptions around discount rates, revenue trends, profit margins and the future P/E multiple.
JIN
AU$6.50
Jumbo Interactive
7D
-11.2%
1Y
-35.1%
PBH
AU$0.94
PointsBet Holdings
7D
-4.6%
1Y
-21.1%
GYG
AU$21.03
Guzman y Gomez
7D
11.5%
1Y
-26.6%
AGI
AU$1.21
Ainsworth Game Technology
7D
-13.6%
1Y
32.2%
DMP
AU$15.63
Domino's Pizza Enterprises
7D
-2.3%
1Y
-22.4%
Narrative Update • Jun 24

DMP: Higher Discount Rate Will Likely Limit Upside From Current Levels

Analysts have trimmed their price targets for Domino's Pizza Enterprises, citing a higher discount rate and softer revenue growth assumptions, partly offset by expectations for stronger profit margins and a slightly lower future P/E multiple. What’s in the News for Domino's Pizza Enterprises No recent company specific news for Domino's Pizza Enterprises is available from the outlined primary sources.
HLO
AU$1.42
Helloworld Travel
7D
-4.4%
1Y
-5.0%
Narrative Update • Jun 23

nan

Analysts have reduced their price target for Helloworld Travel to A$1.51 from A$1.79, citing updated assumptions around future revenue growth, profit margins, and a lower projected P/E multiple. What's in the News for Helloworld Travel No recent company specific news items for Helloworld Travel have been identified in the provided sources.
WEB
AU$2.96
Web Travel Group
7D
1.7%
1Y
-32.6%
Narrative Update • Jun 22

WEB: Rich P/E And Modest Margin Outlook Will Likely Restrain Returns

Analysts have trimmed their price target on Web Travel Group slightly, maintaining a fair value estimate of A$2.60 while refining assumptions around discount rate, revenue growth, profit margins and future P/E to reflect updated expectations for the business. What’s in the News for Web Travel Group No recent company specific news for Web Travel Group has been identified in major news feeds.
ALL
AU$61.27
Aristocrat Leisure
7D
7.6%
1Y
-6.7%
FLT
AU$11.96
Flight Centre Travel Group
7D
2.1%
1Y
-7.0%
TAH
AU$0.83
Tabcorp Holdings
7D
1.8%
1Y
12.8%
New Narrative • May 26

Next Generation Retail And Live Wagering Will Transform Long Term Earnings Power

Catalysts About Tabcorp Holdings Tabcorp Holdings operates wagering, media and gaming services with a focus on omnichannel betting and racing and sports entertainment across Australia. What are the underlying business or industry changes driving this perspective?
BET
AU$0.15
Betmakers Technology Group
7D
-6.3%
1Y
50.0%