ASX:VRL

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Village Roadshow

Executive Summary

Village Roadshow Limited engages in theme park and water park, cinema exhibition, film distribution, and sales promotion and loyalty program operation businesses in Australia, the United States, Europe, and internationally. More Details

Rewards

Earnings are forecast to grow 75.42% per year

Risk Analysis

No risks detected for VRL from our risk checks.


Snowflake Analysis

Reasonable growth potential with imperfect balance sheet.


Similar Companies

Share Price & News

How has Village Roadshow's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: VRL has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

2.3%

VRL

-0.02%

AU Entertainment

-1.4%

AU Market


1 Year Return

-30.1%

VRL

-28.9%

AU Entertainment

-7.1%

AU Market

Return vs Industry: VRL underperformed the Australian Entertainment industry which returned -28.9% over the past year.

Return vs Market: VRL underperformed the Australian Market which returned -7.1% over the past year.


Shareholder returns

VRLIndustryMarket
7 Day2.3%-0.02%-1.4%
30 Day4.7%-1.3%3.4%
90 Day5.2%17.9%3.8%
1 Year-30.1%-30.1%-27.9%-28.9%-3.7%-7.1%
3 Year-38.7%-41.1%-31.6%-36.6%16.9%2.1%
5 Year-68.0%-70.9%-40.8%-48.5%46.0%15.6%

Price Volatility Vs. Market

How volatile is Village Roadshow's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Village Roadshow undervalued compared to its fair value and its price relative to the market?

1.76x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: VRL (A$2.21) is trading above our estimate of fair value (A$1.7)

Significantly Below Fair Value: VRL is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: VRL is unprofitable, so we can't compare its PE Ratio to the XX Entertainment industry average.

PE vs Market: VRL is unprofitable, so we can't compare its PE Ratio to the Australian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate VRL's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: VRL is good value based on its PB Ratio (1.8x) compared to the AU Entertainment industry average (3.4x).


Next Steps

Future Growth

How is Village Roadshow forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

75.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: VRL is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.3%).

Earnings vs Market: VRL is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: VRL's is expected to become profitable in the next 3 years.

Revenue vs Market: VRL's revenue (6.9% per year) is forecast to grow faster than the Australian market (4.6% per year).

High Growth Revenue: VRL's revenue (6.9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: VRL's Return on Equity is forecast to be low in 3 years time (11.1%).


Next Steps

Past Performance

How has Village Roadshow performed over the past 5 years?

-49.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: VRL is currently unprofitable.

Growing Profit Margin: VRL is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: VRL is unprofitable, and losses have increased over the past 5 years at a rate of 49.6% per year.

Accelerating Growth: Unable to compare VRL's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: VRL is unprofitable, making it difficult to compare its past year earnings growth to the Entertainment industry (7.9%).


Return on Equity

High ROE: VRL has a negative Return on Equity (-49.46%), as it is currently unprofitable.


Next Steps

Financial Health

How is Village Roadshow's financial position?


Financial Position Analysis

Short Term Liabilities: VRL's short term assets (A$217.0M) do not cover its short term liabilities (A$313.7M).

Long Term Liabilities: VRL's short term assets (A$217.0M) do not cover its long term liabilities (A$880.9M).


Debt to Equity History and Analysis

Debt Level: VRL's debt to equity ratio (138%) is considered high.

Reducing Debt: VRL's debt to equity ratio has increased from 96.2% to 138% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: VRL has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: VRL is forecast to have sufficient cash runway for 10 months based on free cash flow estimates, but has since raised additional capital.


Next Steps

Dividend

What is Village Roadshow current dividend yield, its reliability and sustainability?

1.86%

Forecast Dividend Yield


Dividend Yield vs Market

Notable Dividend: Unable to evaluate VRL's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate VRL's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if VRL's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if VRL's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: VRL is not paying a notable dividend for the Australian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of VRL's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

19.8yrs

Average management tenure


CEO

Clark Kirby

0.75

Tenure

AU$1,030,359

Compensation

Mr. Clark J. Kirby has been the Chief Executive Officer at Village Roadshow Limited since January 01, 2020 and has been its Director since February 2020. Mr. Kirby has been the Chief Executive Officer at V ...


CEO Compensation Analysis

Compensation vs Market: Clark's total compensation ($USD733.98K) is about average for companies of similar size in the Australian market ($USD693.67K).

Compensation vs Earnings: Clark's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
Robert Kirby
Executive Chairman2.17yrsAU$1.13m1.14%
A$ 4.9m
Clark Kirby
CEO & Director0.75yrAU$1.03m0.47%
A$ 2.0m
Julie Raffe
Finance Director & Joint Company Secretary8.42yrsAU$870.98k0.41%
A$ 1.8m
Simon Phillipson
Director of Corporate Affairs24.42yrsAU$1.29m0.053%
A$ 227.0k
Phil Oneile
Chief Marketing Officer of Roadshow Films4.25yrsno datano data
Graham McHugh
Chief Financial Officer of Warner Village Theme Parksno datano datano data
Eduardo Novillo Astrada
Managing Director - Argentina - Village Gold Class Cinemasno datano datano data
Antonio Maldonado
Managing Director of Italy - Village Gold Class Cinemasno datano datano data
Glen Barros
Chief Operating Officer of Concord Musicno datano datano data
Joel Pearlman
Chief Executive Officer of Roadshow Filmsno datano data0.40%
A$ 1.7m
Gregory Basser
Chief Executive Officer of Village Roadshow Entertainment Group USA19.75yrsAU$2.85mno data
Christopher Chard
MD and CEO of Roadshow Entertainment & Roadshow Televisionno datano data0.46%
A$ 2.0m

19.8yrs

Average Tenure

58yo

Average Age

Experienced Management: VRL's management team is seasoned and experienced (19.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Robert Kirby
Executive Chairman2.17yrsAU$1.13m1.14%
A$ 4.9m
Clark Kirby
CEO & Director0.75yrAU$1.03m0.47%
A$ 2.0m
Julie Raffe
Finance Director & Joint Company Secretary8.42yrsAU$870.98k0.41%
A$ 1.8m
Bruce Berman
Chairman & CEO of Village Roadshow Pictures Entertainment Inc20.75yrsAU$2.06mno data
John Kirby
Non-Executive Director32.17yrsAU$77.74k0.47%
A$ 2.0m
Graham Burke
Non-Executive Director32.08yrsAU$1.18m0.61%
A$ 2.6m
Jennifer Fox Gambrell
Independent Non-Executive Director4.92yrsAU$154.88k0.085%
A$ 365.6k
Robert Le Tet
Independent Non Executive Director13.5yrsAU$154.88k0.20%
A$ 845.5k
Peter Tonagh
Lead Independent Director0.83yrAU$213.19k0.024%
A$ 101.1k
Anna Duran
Independent Non-Executive Director0.83yrAU$78.98kno data

6.7yrs

Average Tenure

69yo

Average Age

Experienced Board: VRL's board of directors are considered experienced (6.7 years average tenure).


Ownership

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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Village Roadshow Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Village Roadshow Limited
  • Ticker: VRL
  • Exchange: ASX
  • Founded: 1954
  • Industry: Movies and Entertainment
  • Sector: Media
  • Market Cap: AU$429.661m
  • Shares outstanding: 195.30m
  • Website: https://www.villageroadshow.com.au

Location

  • Village Roadshow Limited
  • 500 Chapel Street
  • Level 1
  • South Yarra
  • Victoria
  • 3141
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
VRLASX (Australian Securities Exchange)YesOrdinary SharesAUAUDJan 1992
VLRD.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDJan 1992
VRLCHIA (Chi-X Australia)YesOrdinary SharesAUAUDJan 1992

Biography

Village Roadshow Limited engages in theme park and water park, cinema exhibition, film distribution, and sales promotion and loyalty program operation businesses in Australia, the United States, Europe, an ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/27 10:50
End of Day Share Price2020/10/27 00:00
Earnings2020/06/30
Annual Earnings2020/06/30


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.