SKYCITY ENTERTAINMENT GROUP LIMITED (SKC)
Share Price Analysis and Chart

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SKC

SKC - SKYCITY ENTERTAINMENT GROUP LIMITED

FNArena Sector : Gaming
Year End: June
GICS Industry Group : Consumer Services
Debt/EBITDA: 3.8
Index: ALL-ORDS

Auckland-based SkyCity owns and operates five casinos in New Zealand (4) and Australia (Adelaide). It was founded in 1996 and listed on the ASX in 1999. It is also listed on the NZX.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$0.50

12 May
2026

-0.005

OPEN

$0.51

-0.99%

HIGH

$0.52

250,545

LOW

$0.49

OTHER COMPANIES IN THE SAME SECTOR
AGI . ALL . BBT . BET . JIN . LNW . PBH . PLY . SGR . TAH . TLC . TLC .
FNARENA'S MARKET CONSENSUS FORECASTS
SKC: 1
Title FY26
Forecast		 FY27
Forecast
EPS (cps) 2.1 xxx
DPS (cps) 0.0 xxx
EPS Growth N/A xxx
DPS Growth N/A xxx
PE Ratio 22.8 xxx
Dividend Yield 0.0% xxx
Div Pay Ratio(%) N/A xxx
This company reports in NZD.
All estimates have been converted into AUD by FNArena at present FX values.

Dividend yield today if purchased 3 years ago: 0.00%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 0.00

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 06/03 - ex-div 4.87c (franking 0%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2026 FactSet UK Limited. All rights reserved
Title 202020212022202320242025
EPS Basic xxxxxxxxxxxxxxx3.3
DPS All xxxxxxxxxxxxxxx0.0
Sales/Revenue xxxxxxxxxxxxxxx701.8 M
Book Value Per Share xxxxxxxxxxxxxxx151.1
Net Operating Cash Flow xxxxxxxxxxxxxxx27.2 M
Net Profit Margin xxxxxxxxxxxxxxx3.80 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 202020212022202320242025
Return on Capital Employed xxxxxxxxxxxxxxx2.20 %
Return on Invested Capital xxxxxxxxxxxxxxx1.48 %
Return on Assets xxxxxxxxxxxxxxx1.05 %
Return on Equity xxxxxxxxxxxxxxx2.20 %
Return on Total Capital xxxxxxxxxxxxxxx5.73 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx-120.2 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 202020212022202320242025
Short-Term Debt xxxxxxxxxxxxxxx6 M
Long Term Debt xxxxxxxxxxxxxxx738 M
Total Debt xxxxxxxxxxxxxxx744 M
Goodwill - Gross xxxxxxxxxxxxxxx33 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx48 M
Price To Book Value xxxxxxxxxxxxxxx0.54

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 202020212022202320242025
Capex xxxxxxxxxxxxxxx149.5 M
Capex % of Sales xxxxxxxxxxxxxxx21.30 %
Cost of Goods Sold xxxxxxxxxxxxxxx455 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx137 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx74 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

0.5

No. Of Recommendations

2
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Macquarie

xx/xx/xxxx

1

xxxxxxxxxx

-

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
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UBS

20/02/2026

3

Neutral

-

-

SkyCity Entertainment delivered weaker-than-expected earnings in the first half, driven by lower New Zealand gaming revenue, a weaker VIP play and higher operating costs, UBS notes.

The broker still envisages long-term valuation upside in FY28 under a tighter regulatory operating environment, but present value is seen as less compelling.

Commentary suggests potential upside in the next 12 months comes from value-accretive asset sales, as the company continues to target proceeds from its office building, Auckland car parks and hotels portfolio.

Neutral. Target is raised to NZ$0.88 from NZ$0.85.

FORECAST
UBS forecasts a full year FY26 dividend of 0.00 cents and EPS of 1.75 cents.
UBS forecasts a full year FY27 dividend of 1.75 cents and EPS of 2.63 cents.
Access Stockbroker Research History >
EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

1

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Jarden

05/05/2026

2

Overweight

-

-

Jarden maintains an Overweight rating for SkyCity Entertainment but lowers its target price to NZ$0.90 from NZ$1.00 following an earnings downgrade driven by macroeconomic headwinds.

Management has cut FY26 underlying EBITDA guidance by roughly -5% to NZ$180-190m, citing a sharp deterioration in discretionary consumer spending and weak confidence metrics affecting visitation across its Auckland and Adelaide properties.

To offset top-line pressures, the company has initiated further cost-saving measures and entered a non-binding agreement to sell its Albert Street office tower in Auckland.

The broker has revised its near-term earnings models downward, reducing FY26 and FY27 EPS forecasts by -31% and -20%, respectively.

Jarden sees valuation support at current levels, noting structural upside potential from the newly opened NZICC and upcoming regulated online casino operations.

FORECAST
Jarden forecasts a full year FY26 dividend of 0.00 cents and EPS of 2.54 cents.
Jarden forecasts a full year FY27 dividend of 0.00 cents and EPS of 3.94 cents.
Access Extra Coverage Research History >

SKC STOCK CHART

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