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: 5.47
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

$0.505

20 Aug
2026

0.015

OPEN

$0.50

3.06%

HIGH

$0.51

205,951

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 FY27
Forecast		 FY28
Forecast
EPS (cps) 1.1 xxx
DPS (cps) 0.8 xxx
EPS Growth N/A xxx
DPS Growth N/A xxx
PE Ratio 45.3 xxx
Dividend Yield 1.7% xxx
Div Pay Ratio(%) 76.9% 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 202120222023202420252026
EPS Basic xxxxxxxxxxxxxxx1.5
DPS All xxxxxxxxxxxxxxx0.0
Sales/Revenue xxxxxxxxxxxxxxx656.1 M
Book Value Per Share xxxxxxxxxxxxxxx115.1
Net Operating Cash Flow xxxxxxxxxxxxxxx79.0 M
Net Profit Margin xxxxxxxxxxxxxxx2.40 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 202120222023202420252026
Return on Capital Employed xxxxxxxxxxxxxxx1.26 %
Return on Invested Capital xxxxxxxxxxxxxxx0.86 %
Return on Assets xxxxxxxxxxxxxxx0.67 %
Return on Equity xxxxxxxxxxxxxxx1.26 %
Return on Total Capital xxxxxxxxxxxxxxx0.90 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx-9.9 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 202120222023202420252026
Short-Term Debt xxxxxxxxxxxxxxx150 M
Long Term Debt xxxxxxxxxxxxxxx440 M
Total Debt xxxxxxxxxxxxxxx591 M
Goodwill - Gross xxxxxxxxxxxxxxx29 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx94 M
Price To Book Value xxxxxxxxxxxxxxx0.39

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 202120222023202420252026
Capex xxxxxxxxxxxxxxx98.1 M
Capex % of Sales xxxxxxxxxxxxxxx14.95 %
Cost of Goods Sold xxxxxxxxxxxxxxx474 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx164 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx33 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

1.0

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

29/07/2026

1

Buy

-

-

UBS reiterates its Buy rating on SkyCity Entertainment with a FY28 estimated valuation on the stock of NZ$1.14 per share and a net present value of NZ$0.94, the new target price, up from NZ$0.83. The valuation gap is expected to narrow.

The group has announced the unconditional sale of its Auckland commercial properties to Mainland Capital for NZ$75m with settlement on 1 September as well as a conditional sale of Christchurch Casinos to Iris Capital for NZ$102m.

The narrowing of the discount is expected to be underpinned by the proposed asset sales of around NZ$295m, all up, which will allow for de-gearing of the balance sheet and the restart of dividend payments in FY27.

A FY27 recovery in tourism is anticipated and a stabilising of the NZ regulatory backdrop should also assist with improved earnings.

FORECAST
UBS forecasts a full year FY27 dividend of 1.70 cents and EPS of 0.85 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

27/07/2026

2

Overweight

-

(21/08/2026)

-

Jarden maintains an Overweight rating for SkyCity Entertainment with a NZ$0.85 target price following the execution of a non-binding heads of agreement for the sale of The Grand Hotel.

Net proceeds from the transaction are estimated between NZ$180m and NZ$200m based on recent Auckland commercial property benchmarks.

Capital proceeds will be directed toward debt reduction to enhance balance sheet flexibility amid prevailing market conditions.

Finalising the sale alongside recent divestments of the 99 Albert Street office building and Victoria Street investment properties positions the company ahead of its asset sales target of approximately NZ$200m.

The analyst views ongoing asset monetisation momentum as a key driver of structural balance sheet de-risking.

FORECAST
Jarden forecasts a full year FY27 dividend of 0.00 cents and EPS of 3.57 cents.
Jarden forecasts a full year FY28 dividend of 1.70 cents and EPS of 4.67 cents.
Access Extra Coverage Research History >

SKC STOCK CHART

FNArena News on SKC

1
FNArena Corporate Results Monitor – 21-08-2026

Aug 21 2026 - Australia
2
Australian Broker Call *Extra* Edition – Jul 27, 2026

Jul 27 2026 - Daily Market Reports
3
Rudi’s View: Pre-August Picks In Resources, Retail & Small Caps

Jul 23 2026 - Rudi's View
4
Australian Broker Call *Extra* Edition – Jul 08, 2026

Jul 08 2026 - Daily Market Reports
5
Australian Broker Call *Extra* Edition – May 05, 2026

May 05 2026 - Daily Market Reports

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