RCT Stock Overview
Reef Casino Trust owns and leases the Reef Hotel Casino complex located in Cairns, North Queensland, Australia.
Reef Casino Trust Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$3.05|
|52 Week High||AU$3.13|
|52 Week Low||AU$2.63|
|1 Month Change||0%|
|3 Month Change||n/a|
|1 Year Change||n/a|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||0.99%|
Recent News & Updates
|RCT||AU Hospitality||AU Market|
Return vs Industry: Insufficient data to determine how RCT performed against the Australian Hospitality industry.
Return vs Market: Insufficient data to determine how RCT performed against the Australian Market.
|RCT Average Weekly Movement||n/a|
|Hospitality Industry Average Movement||8.3%|
|Market Average Movement||10.5%|
|10% most volatile stocks in AU Market||17.2%|
|10% least volatile stocks in AU Market||4.6%|
Stable Share Price: Insufficient data to determine RCT's volatility over the past 3 months.
Volatility Over Time: Insufficient data to determine RCT's volatility change over the past year.
About the Company
Reef Casino Trust owns and leases the Reef Hotel Casino complex located in Cairns, North Queensland, Australia. The company was founded in 1993 and is based in Brisbane, Australia. Reef Casino Trust is a subsidiary of Reef Casino Investments Pty Ltd.
Reef Casino Trust Fundamentals Summary
|RCT fundamental statistics|
Is RCT overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|RCT income statement (TTM)|
|Cost of Revenue||AU$2.47m|
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
|Earnings per share (EPS)||0.30|
|Net Profit Margin||27.39%|
How did RCT perform over the long term?See historical performance and comparison
11.8%Current Dividend Yield
Is RCT undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 4/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for RCT?
Other financial metrics that can be useful for relative valuation.
|What is RCT's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does RCT's PE Ratio compare to its peers?
|RCT PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
AQS Aquis Entertainment
AGI Ainsworth Game Technology
JIN Jumbo Interactive
TAH Tabcorp Holdings
RCT Reef Casino Trust
Price-To-Earnings vs Peers: RCT is good value based on its Price-To-Earnings Ratio (9.9x) compared to the peer average (54.6x).
Price to Earnings Ratio vs Industry
How does RCT's PE Ratio compare vs other companies in the Global Hospitality Industry?
Price-To-Earnings vs Industry: RCT is good value based on its Price-To-Earnings Ratio (9.9x) compared to the Australian Hospitality industry average (23.3x)
Price to Earnings Ratio vs Fair Ratio
What is RCT's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||9.9x|
|Fair PE Ratio||n/a|
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate RCT's Price-To-Earnings Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of RCT when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: RCT (A$3.05) is trading below our estimate of fair value (A$28.22)
Significantly Below Fair Value: RCT is trading below fair value by more than 20%.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Insufficient data to show price forecast.
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How is Reef Casino Trust forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted Consumer Services industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Reef Casino Trust has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
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- Examine whether Reef Casino Trust is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
How has Reef Casino Trust performed over the past 5 years?
Past Performance Score4/6
Past Performance Score 4/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: RCT has high quality earnings.
Growing Profit Margin: RCT became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: RCT's earnings have grown by 4.7% per year over the past 5 years.
Accelerating Growth: RCT has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: RCT has become profitable in the last year, making it difficult to compare its past year earnings growth to the Hospitality industry (47.1%).
Return on Equity
High ROE: RCT's Return on Equity (57.4%) is considered outstanding.
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How is Reef Casino Trust's financial position?
Financial Health Score4/6
Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: RCT's short term assets (A$11.9M) exceed its short term liabilities (A$6.1M).
Long Term Liabilities: RCT's short term assets (A$11.9M) do not cover its long term liabilities (A$85.5M).
Debt to Equity History and Analysis
Debt Level: RCT has more cash than its total debt.
Reducing Debt: RCT's debt to equity ratio has reduced from 59% to 1.6% over the past 5 years.
Debt Coverage: RCT's debt is well covered by operating cash flow (9889%).
Interest Coverage: RCT's interest payments on its debt are not well covered by EBIT (2x coverage).
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What is Reef Casino Trust current dividend yield, its reliability and sustainability?
Dividend Score 4/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: RCT's dividend (11.84%) is higher than the bottom 25% of dividend payers in the Australian market (2.66%).
High Dividend: RCT's dividend (11.84%) is in the top 25% of dividend payers in the Australian market (6.43%)
Stability and Growth of Payments
Stable Dividend: RCT's dividend payments have been volatile in the past 10 years.
Growing Dividend: RCT's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (100.1%), RCT's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (51.9%), RCT's dividend payments are covered by cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Mr. Allan Tan serves as Regional Controller of Australia, Asia & Pacific of Casinos Austria International Holding GmbH. Mr. Tan serves as Chief Financial Officer and Company Secretary of Casinos Austria In...
CEO Compensation Analysis
Compensation vs Market: Allan's total compensation ($USD154.17K) is below average for companies of similar size in the Australian market ($USD283.59K).
Compensation vs Earnings: Allan's compensation has been consistent with company performance over the past year.
Experienced Board: RCT's board of directors are not considered experienced ( 1.7 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Reef Casino Trust's employee growth, exchange listings and data sources
- Name: Reef Casino Trust
- Ticker: RCT
- Exchange: CHIA
- Founded: 1993
- Industry: Casinos and Gaming
- Sector: Consumer Services
- Implied Market Cap: AU$72.710m
- Shares outstanding: 24.90m
- Website: https://www.reefcasino.com.au/reef-casino-trust
- Reef Casino Trust
- Sofitel Hotel
- Level 3
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/07/25 00:00|
|End of Day Share Price||2022/06/07 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.