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Event Hospitality & Entertainment

DB:AQHE
Snowflake Description

6 star dividend payer and good value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
AQHE
DB
A$2B
Market Cap
  1. Home
  2. DE
  3. Media
Company description

Event Hospitality & Entertainment Limited operates as an entertainment, hospitality, and leisure company in Australia, New Zealand, and Germany. The last earnings update was 61 days ago. More info.


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AQHE Share Price and Events
7 Day Returns
-1%
DB:AQHE
0.8%
DE Entertainment
1.5%
DE Market
1 Year Returns
-2.7%
DB:AQHE
10.2%
DE Entertainment
-6.2%
DE Market
AQHE Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Event Hospitality & Entertainment (AQHE) -1% 1% 0.6% -2.7% -17.4% 42.9%
DE Entertainment 0.8% 6.3% 12.5% 10.2% 35.2% 74.6%
DE Market 1.5% 6% 8.5% -6.2% 10.7% 15.3%
1 Year Return vs Industry and Market
  • AQHE underperformed the Entertainment industry which returned 10.2% over the past year.
  • AQHE outperformed the Market in Germany which returned -6.2% over the past year.
Price Volatility
AQHE
Industry
5yr Volatility vs Market

Value

 Is Event Hospitality & Entertainment undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Event Hospitality & Entertainment to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Event Hospitality & Entertainment.

DB:AQHE Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 5 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 6.6%
Perpetual Growth Rate 10-Year DE Government Bond Rate 0.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:AQHE
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6%
Entertainment Unlevered Beta Simply Wall St/ S&P Global 0.96
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.962 (1 + (1- 30%) (20.01%))
1.065
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.06
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (1.065 * 5.96%)
6.58%

Discounted Cash Flow Calculation for DB:AQHE using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Event Hospitality & Entertainment is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

DB:AQHE DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (AUD, Millions) Source Present Value
Discounted (@ 6.58%)
2019 68.00 Analyst x1 63.80
2020 108.00 Analyst x1 95.08
2021 153.42 Est @ 42.06% 126.74
2022 198.69 Est @ 29.51% 154.01
2023 239.87 Est @ 20.72% 174.46
2024 274.83 Est @ 14.58% 187.55
2025 303.06 Est @ 10.27% 194.06
2026 325.06 Est @ 7.26% 195.30
2027 341.80 Est @ 5.15% 192.69
2028 354.35 Est @ 3.67% 187.44
Present value of next 10 years cash flows A$1,571.15
DB:AQHE DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= A$354.35 × (1 + 0.23%) ÷ (6.58% – 0.23%)
A$5,595.36
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= A$5,595.36 ÷ (1 + 6.58%)10
A$2,959.78
DB:AQHE Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= A$1,571.15 + A$2,959.78
A$4,530.93
Equity Value per Share
(AUD)
= Total value / Shares Outstanding
= A$4,530.93 / 160.86
A$28.17
DB:AQHE Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:AQHE represents 0.63157x of ASX:EVT
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.63157x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (AUD) x Listing Adjustment Factor
= A$ 28.17 x 0.63157
€17.79
Value per share (EUR) From above. €17.79
Current discount Discount to share price of €8.24
= -1 x (€8.24 - €17.79) / €17.79
53.7%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Event Hospitality & Entertainment is available for.
Intrinsic value
>50%
Share price is €8.24 vs Future cash flow value of €17.79
Current Discount Checks
For Event Hospitality & Entertainment to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Event Hospitality & Entertainment's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Event Hospitality & Entertainment's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Event Hospitality & Entertainment's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Event Hospitality & Entertainment's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:AQHE PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in AUD A$0.74
ASX:EVT Share Price ** ASX (2019-04-23) in AUD A$13.05
Germany Entertainment Industry PE Ratio Median Figure of 10 Publicly-Listed Entertainment Companies 19.82x
Germany Market PE Ratio Median Figure of 424 Publicly-Listed Companies 19.6x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Event Hospitality & Entertainment.

DB:AQHE PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ASX:EVT Share Price ÷ EPS (both in AUD)

= 13.05 ÷ 0.74

17.63x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Event Hospitality & Entertainment is good value based on earnings compared to the DE Entertainment industry average.
  • Event Hospitality & Entertainment is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does Event Hospitality & Entertainment's expected growth come at a high price?
Raw Data
DB:AQHE PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 17.63x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 5 Analysts
0.2%per year
Europe Entertainment Industry PEG Ratio Median Figure of 30 Publicly-Listed Entertainment Companies 1.67x
Germany Market PEG Ratio Median Figure of 269 Publicly-Listed Companies 1.56x

*Line of best fit is calculated by linear regression .

DB:AQHE PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 17.63x ÷ 0.2%

72.92x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Event Hospitality & Entertainment is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Event Hospitality & Entertainment's assets?
Raw Data
DB:AQHE PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in AUD A$6.96
ASX:EVT Share Price * ASX (2019-04-23) in AUD A$13.05
Germany Entertainment Industry PB Ratio Median Figure of 14 Publicly-Listed Entertainment Companies 1.56x
Germany Market PB Ratio Median Figure of 574 Publicly-Listed Companies 1.84x
DB:AQHE PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ASX:EVT Share Price ÷ Book Value per Share (both in AUD)

= 13.05 ÷ 6.96

1.88x

* Primary Listing of Event Hospitality & Entertainment.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Event Hospitality & Entertainment is overvalued based on assets compared to the DE Entertainment industry average.
X
Value checks
We assess Event Hospitality & Entertainment's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Entertainment industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Entertainment industry average (and greater than 0)? (1 check)
  5. Event Hospitality & Entertainment has a total score of 4/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Event Hospitality & Entertainment expected to perform in the next 1 to 3 years based on estimates from 5 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
0.2%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Event Hospitality & Entertainment expected to grow at an attractive rate?
  • Event Hospitality & Entertainment's earnings growth is positive but not above the low risk savings rate of 0.2%.
Growth vs Market Checks
  • Event Hospitality & Entertainment's earnings growth is positive but not above the Germany market average.
  • Event Hospitality & Entertainment's revenues are expected to decrease over the next 1-3 years, this is below the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:AQHE Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:AQHE Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 5 Analysts 0.2%
DB:AQHE Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 5 Analysts -1.8%
Germany Entertainment Industry Earnings Growth Rate Market Cap Weighted Average 23%
Germany Entertainment Industry Revenue Growth Rate Market Cap Weighted Average 3.5%
Germany Market Earnings Growth Rate Market Cap Weighted Average 11.6%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:AQHE Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 5 Analyst Estimates (S&P Global) See Below
All numbers in AUD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:AQHE Future Estimates Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-06-30 1,173 120 1
2021-06-30 1,107 214 128 4
2020-06-30 1,108 194 126 5
2019-06-30 1,144 176 126 5
DB:AQHE Past Financials Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income *
2018-12-31 1,298 175 119
2018-09-30 1,288 192 115
2018-06-30 1,279 208 112
2018-03-31 1,119 211 106
2017-12-31 1,125 215 110
2017-09-30 1,205 202 110
2017-06-30 1,286 189 111
2017-03-31 1,270 182 112
2016-12-31 1,254 176 113
2016-09-30 1,256 194 122
2016-06-30 1,259 212 130
2016-03-31 1,255 221 132

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Event Hospitality & Entertainment's earnings are expected to grow by 0.2% yearly, however this is not considered high growth (20% yearly).
  • Event Hospitality & Entertainment's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:AQHE Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 5 Analyst Estimates (S&P Global) See Below

All data from Event Hospitality & Entertainment Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:AQHE Future Estimates Data
Date (Data in AUD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-06-30 0.74 0.74 0.74 1.00
2021-06-30 0.79 0.84 0.75 4.00
2020-06-30 0.78 0.86 0.73 4.00
2019-06-30 0.78 0.86 0.73 5.00
DB:AQHE Past Financials Data
Date (Data in AUD Millions) EPS *
2018-12-31 0.74
2018-09-30 0.72
2018-06-30 0.70
2018-03-31 0.67
2017-12-31 0.69
2017-09-30 0.69
2017-06-30 0.70
2017-03-31 0.70
2016-12-31 0.71
2016-09-30 0.77
2016-06-30 0.82
2016-03-31 0.84

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Event Hospitality & Entertainment is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Event Hospitality & Entertainment's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Germany market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Event Hospitality & Entertainment has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Event Hospitality & Entertainment performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Event Hospitality & Entertainment's growth in the last year to its industry (Entertainment).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Event Hospitality & Entertainment's year on year earnings growth rate has been positive over the past 5 years.
  • Event Hospitality & Entertainment's 1-year earnings growth exceeds its 5-year average (8.2% vs 5.6%)
  • Event Hospitality & Entertainment's earnings growth has exceeded the DE Entertainment industry average in the past year (8.2% vs -6%).
Earnings and Revenue History
Event Hospitality & Entertainment's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Event Hospitality & Entertainment Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:AQHE Past Revenue, Cash Flow and Net Income Data
Date (Data in AUD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 1,297.95 118.67 627.72
2018-09-30 1,288.40 115.29 616.97
2018-06-30 1,278.85 111.91 606.22
2018-03-31 1,119.01 106.48 518.95
2017-12-31 1,124.58 109.71 518.24
2017-09-30 1,205.06 110.26 560.13
2017-06-30 1,285.54 110.82 602.02
2017-03-31 1,269.60 111.85 591.97
2016-12-31 1,253.66 112.88 581.91
2016-09-30 1,256.20 121.56 576.36
2016-06-30 1,258.74 130.25 570.80
2016-03-31 1,255.29 132.35 566.82
2015-12-31 1,251.84 134.45 562.84
2015-09-30 1,206.76 121.67 550.62
2015-06-30 1,161.69 108.89 538.39
2015-03-31 1,129.74 96.20 531.82
2014-12-31 1,097.79 83.51 525.24
2014-09-30 1,096.70 81.04 524.07
2014-06-30 1,095.61 78.56 522.89
2013-12-31 1,072.13 80.57 507.81
2013-09-30 1,055.06 80.73 493.74
2013-06-30 1,037.99 80.88 479.68
2012-12-31 885.04 59.99 426.98
2012-09-30 826.62 69.32 406.28
2012-06-30 768.19 78.65 385.58

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Event Hospitality & Entertainment has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Event Hospitality & Entertainment used its assets more efficiently than the DE Entertainment industry average last year based on Return on Assets.
  • Event Hospitality & Entertainment's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Event Hospitality & Entertainment's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Entertainment industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Event Hospitality & Entertainment has a total score of 4/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Event Hospitality & Entertainment's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Event Hospitality & Entertainment's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Event Hospitality & Entertainment is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Event Hospitality & Entertainment's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Event Hospitality & Entertainment's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.8x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Event Hospitality & Entertainment Company Filings, last reported 3 months ago.

DB:AQHE Past Debt and Equity Data
Date (Data in AUD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 1,119.16 420.12 78.14
2018-09-30 1,119.16 420.12 78.14
2018-06-30 1,088.60 377.48 95.56
2018-03-31 1,088.60 377.48 95.56
2017-12-31 1,071.37 375.42 131.21
2017-09-30 1,071.37 375.42 131.21
2017-06-30 1,050.29 327.80 92.32
2017-03-31 1,050.29 327.80 92.32
2016-12-31 1,021.69 261.69 174.04
2016-09-30 1,021.69 261.69 174.04
2016-06-30 1,012.74 204.64 145.04
2016-03-31 1,012.74 204.64 145.04
2015-12-31 989.50 212.38 174.05
2015-09-30 989.50 212.38 174.05
2015-06-30 962.90 119.08 133.68
2015-03-31 962.90 119.08 133.68
2014-12-31 932.46 131.38 131.04
2014-09-30 932.46 131.38 131.04
2014-06-30 920.36 110.40 91.07
2013-12-31 916.86 114.67 114.99
2013-09-30 916.86 114.67 114.99
2013-06-30 899.53 79.85 105.59
2012-12-31 871.34 82.47 87.87
2012-09-30 871.34 82.47 87.87
2012-06-30 858.87 46.80 63.31
  • Event Hospitality & Entertainment's level of debt (37.5%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (12.5% vs 37.5% today).
  • Debt is well covered by operating cash flow (41.8%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 18.6x coverage).
X
Financial health checks
We assess Event Hospitality & Entertainment's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Event Hospitality & Entertainment has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Event Hospitality & Entertainment's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
3.98%
Current annual income from Event Hospitality & Entertainment dividends. Estimated to be 4.26% next year.
If you bought €2,000 of Event Hospitality & Entertainment shares you are expected to receive €80 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Event Hospitality & Entertainment's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.43%).
  • Event Hospitality & Entertainment's dividend is above the markets top 25% of dividend payers in Germany (3.71%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:AQHE Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 5 Analyst Estimates (S&P Global) See Below
Germany Entertainment Industry Average Dividend Yield Market Cap Weighted Average of 5 Stocks 1.5%
Germany Market Average Dividend Yield Market Cap Weighted Average of 327 Stocks 3%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.4%
Germany Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:AQHE Future Dividends Estimate Data
Date (Data in A$) Dividend per Share (annual) Avg. No. Analysts
2022-06-30 0.51 1.00
2021-06-30 0.50 5.00
2020-06-30 0.63 6.00
2019-06-30 0.54 6.00
DB:AQHE Past Annualized Dividends Data
Date (Data in A$) Dividend per share (annual) Avg. Yield (%)
2019-02-21 0.520 3.951
2018-08-23 0.520 3.760
2018-02-15 0.520 3.762
2017-08-24 0.510 3.927
2017-02-16 0.510 3.958
2016-08-25 0.510 3.576
2016-02-18 0.490 3.269
2015-08-20 0.450 3.174
2014-08-21 0.420 3.720
2013-08-22 0.420 4.897
2012-08-23 0.390 5.172
2012-02-23 0.370 5.786
2011-08-25 0.370 6.532
2010-09-16 0.370 6.111
2010-08-19 0.370 6.330
2010-02-18 0.350 6.103
2009-08-20 0.320 5.703
2009-04-24 0.300 6.720

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been stable in the past 10 years.
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of Event Hospitality & Entertainment's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.4x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be covered by earnings (1.5x coverage).
X
Income/ dividend checks
We assess Event Hospitality & Entertainment's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Event Hospitality & Entertainment afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Event Hospitality & Entertainment has a total score of 6/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Event Hospitality & Entertainment's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Jane Hastings
COMPENSATION A$1,682,959
AGE 44
TENURE AS CEO 1.8 years
CEO Bio

Ms. Jane M. Hastings, B.Com., has been the Chief Executive Officer and Managing Director of Event Hospitality & Entertainment Limited since July 1, 2017. Ms. Hastings served as the Chief Operating Officer of Event Hospitality & Entertainment Limited since August 2016 until July 1, 2017. She served as Chief Executive Officer of NZME at HT&E Limited(formerly known as APN News & Media Ltd) since September 2014 until April 08, 2016. Ms. Hastings served as Chief Executive Officer of TRN/NZME at APN News & Media Ltd. since February 19, 2014. She served as Chief Executive Officer of APN New Zealand Limited at APN News & Media Ltd. since May 12, 2014. She has responsibility for APN’s New Zealand publishing, radio and digital businesses. She is an internationally experienced Marketer. She has knowledge of the societies and business cultures of Australasia - SKYCITY’s business backyard and also understands what motivates customers and keeps them loyal in the highly competitive entertainment industry. She served as Chief Executive Officer of The Radio Network at APN News & Media Ltd., since September 2012. Prior to that, she served as the General Manager of Entertainment for Australia & New Zealand at Amalgamated Holdings Limited since May 16, 2011 until August 24, 2012. She served as General Manager of Group Marketing & Sales of Sky City Entertainment Group Ltd., and also served as its Acting General Manager of Cinemas since June 2008. She joined Sky City in early 2007. She spent over eight years in executive roles in Asia, including Managing Director at Tequila Asia, Managing Director at Draftworldwide Japan, Regional Director of Customer Relationship Management at Wunderman Cato Johnson Singapore and Director of Communications at ICLP in Hong Kong. She has been Director of Event Hospitality & Entertainment Limited since July 1, 2017. Ms. Hastings has been Director of APN Media (NZ) Limited since July 4, 2014. Before heading Asia, she gained experience at Air New Zealand, leading the loyalty areas of Airpoints and Koru Club. She provided marketing consulting for Sentosa Island and worked with MTV on an online youth loyalty programme.

CEO Compensation
  • Jane's compensation has increased by more than 20% in the past year.
  • Jane's remuneration is about average for companies of similar size in Germany.
Management Team Tenure

Average tenure of the Event Hospitality & Entertainment management team in years:

4.5
Average Tenure
  • The tenure for the Event Hospitality & Entertainment management team is about average.
Management Team

Jane Hastings

TITLE
CEO, MD & Director
COMPENSATION
A$2M
AGE
44
TENURE
1.8 yrs

Greg Dean

TITLE
Director of Finance & Accounting and Company Secretary
COMPENSATION
A$930K
TENURE
7.5 yrs

Hans Eberstaller

TITLE
Managing Director of Commercial
COMPENSATION
A$568K

Norman Arundel

TITLE
Director of Hotels & Resorts Operations
COMPENSATION
A$729K
TENURE
1.8 yrs

Mathew Duff

TITLE
Director of Commercial
COMPENSATION
A$1M
TENURE
12.4 yrs

Jordan Rodgers

TITLE
Director of Thredbo Operations
COMPENSATION
A$693K
TENURE
1.8 yrs

David Stone

TITLE
Company Secretary
TENURE
7.2 yrs
Board of Directors Tenure

Average tenure and age of the Event Hospitality & Entertainment board of directors in years:

6.9
Average Tenure
57
Average Age
  • The tenure for the Event Hospitality & Entertainment board of directors is about average.
Board of Directors

Alan Rydge

TITLE
Non-Executive Chairman
COMPENSATION
A$321K
AGE
66
TENURE
39.3 yrs

Jane Hastings

TITLE
CEO, MD & Director
COMPENSATION
A$2M
AGE
44
TENURE
1.8 yrs

David Grant

TITLE
Independent Non-Executive Director
COMPENSATION
A$170K
AGE
54
TENURE
5.8 yrs

Peter Coates

TITLE
Lead Independent Director
COMPENSATION
A$131K
AGE
72
TENURE
5.4 yrs

Richard Newton

TITLE
Independent Non-Executive Director
COMPENSATION
A$131K
AGE
58
TENURE
11.2 yrs

Kenneth Chapman

TITLE
Independent Non-Executive Director
COMPENSATION
A$131K
AGE
56
TENURE
9.2 yrs

Valerie Davies

TITLE
Independent Non-Executive Director
COMPENSATION
A$131K
AGE
67
TENURE
8 yrs

Patria Mann

TITLE
Independent Non-Executive Director
COMPENSATION
A$152K
AGE
56
TENURE
5.5 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Event Hospitality & Entertainment insiders in the past 3 months, but not in substantial volumes.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
27. Mar 19 Sell Investors Mutual Limited Company 25. Oct 17 10. Oct 18 -10,826 €8.48 €-91,848
27. Mar 19 Buy Investors Mutual Limited Company 16. Sep 17 25. Mar 19 1,706,874 €8.03 €13,701,409
22. Mar 19 Buy David Grant Individual 22. Mar 19 22. Mar 19 500 €8.29 €4,143
08. Mar 19 Buy Perpetual Limited Company 05. Mar 19 06. Mar 19 2,131,856 €7.88 €16,736,043
08. Mar 19 Buy Jane Hastings Individual 07. Mar 19 07. Mar 19 1,000 €7.89 €7,889
06. Mar 19 Sell Perpetual Limited Company 08. Mar 18 04. Mar 19 -5,877,547 €8.31 €-48,858,727
06. Mar 19 Buy Perpetual Limited Company 08. Mar 18 27. Feb 19 2,552,469 €8.35 €21,316,072
04. Mar 19 Buy Jane Hastings Individual 25. Feb 19 25. Feb 19 1,500 €8.09 €12,140
09. Nov 18 Buy Patria Mann Individual 07. Nov 18 07. Nov 18 1,000 €8.61 €8,609
26. Oct 18 Buy Jane Hastings Individual 26. Oct 18 26. Oct 18 3,500 €8.47 €29,640
X
Management checks
We assess Event Hospitality & Entertainment's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Event Hospitality & Entertainment has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Event Hospitality & Entertainment Limited operates as an entertainment, hospitality, and leisure company in Australia, New Zealand, and Germany. The company operates through Entertainment Australia, Entertainment New Zealand, Entertainment Germany, Hotels and Resorts, Thredbo Alpine Resort, and Property and Other Investments segments. It is involved in cinema exhibition operations under the Event Cinemas, Moonlight Cinemas, CineStar Cinemas, Greater Union and Birch, and Carroll & Coyle cinemas brands; and the operation of Cine Buzz Rewards, a movie loyalty program, as well as State Theatre, a 2,000-seat theatre located in Sydney. The company also supplies cinema technology solutions to the industry in digital and electronic cinema, and film projection portfolios; owns, operates, and manages hotels and resorts under the Rydges, QT, Atura, and Thredbo Alpine brand names; and operates Priority Guest Rewards, a hotel and resort rewards program. In addition, it invests in, develops, and rents properties; and invests in shares of listed and unlisted companies. The company was formerly known as Amalgamated Holdings Limited and changed its name to Event Hospitality & Entertainment Limited in December 2015. Event Hospitality & Entertainment Limited was founded in 1910 and is headquartered in Sydney, Australia.

Details
Name: Event Hospitality & Entertainment Limited
AQHE
Exchange: DB
Founded: 1910
A$1,327,950,177
160,859,374
Website: http://www.evt.com
Address: Event Hospitality & Entertainment Limited
478 George Street,
Sydney,
New South Wales, 2000,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX EVT Ordinary Shares Australian Securities Exchange AU AUD 02. Jan 1992
DB AQHE Ordinary Shares Deutsche Boerse AG DE EUR 02. Jan 1992
CHIA EVT Ordinary Shares Chi-X Australia AU AUD 02. Jan 1992
Number of employees
Current staff
Staff numbers
0
Event Hospitality & Entertainment employees.
Industry
Movies and Entertainment
Media
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/23 20:59
End of day share price update: 2019/04/23 00:00
Last estimates confirmation: 2019/03/03
Last earnings filing: 2019/02/21
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/06/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.