EVT LIMITED (EVT)
Share Price Analysis and Chart

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EVT - EVT LIMITED

FNArena Sector : Travel, Leisure & Tourism
Year End: June
GICS Industry Group : Media
Debt/EBITDA: 4.71
Index: ASX200 | ASX300 | ALL-ORDS

EVT Ltd, formerly Event Hospitality & Entertainment, is an Australian entertainment and leisure company. It operates cinemas and theatres in Australia & NZ and its hotel brands include Rydges and Thredbo Alpine resort. It has been listed since 1962.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$11.55

24 Jan
2025

0.040

OPEN

$11.14

0.35%

HIGH

$11.69

92,497

LOW

$11.14

TARGET
$13.243 14.7% upside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
AIA . AIZ . CEH . CHL . CTD . EXP . FLT . HLO . KLS . QAN . SDR . SKO . SST . THL . VGL . VRL . VVA . WEB . WJL .
FNARENA'S MARKET CONSENSUS FORECASTS
EVT: 1
Title FY23
Actual		 FY24
Actual		 FY25
Forecast		 FY26
Forecast
EPS (cps) xxx 3.0 22.5 xxx
DPS (cps) xxx 34.0 30.3 xxx
EPS Growth xxx - 95.5% 100.0% xxx
DPS Growth xxx - 26.1% - 10.8% xxx
PE Ratio xxx N/A 51.3 xxx
Dividend Yield xxx N/A 2.6% xxx
Div Pay Ratio(%) xxx 1144.8% 134.6% xxx

Dividend yield today if purchased 3 years ago: 2.60%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 2.94

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: 11/09 - ex-div 20c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2025 FactSet UK Limited. All rights reserved
Title 201920202021202220232024
EPS Basic xxxxxxxxxxxxxxx3.0
DPS All xxxxxxxxxxxxxxx34.0
Sales/Revenue xxxxxxxxxxxxxxx1,214.9 M
Book Value Per Share xxxxxxxxxxxxxxx594.1
Net Operating Cash Flow xxxxxxxxxxxxxxx214.3 M
Net Profit Margin xxxxxxxxxxxxxxx0.40 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201920202021202220232024
Return on Capital Employed xxxxxxxxxxxxxxx0.49 %
Return on Invested Capital xxxxxxxxxxxxxxx0.22 %
Return on Assets xxxxxxxxxxxxxxx0.16 %
Return on Equity xxxxxxxxxxxxxxx0.49 %
Return on Total Capital xxxxxxxxxxxxxxx3.83 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx72.6 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 201920202021202220232024
Short-Term Debt xxxxxxxxxxxxxxx132 M
Long Term Debt xxxxxxxxxxxxxxx1,193 M
Total Debt xxxxxxxxxxxxxxx1,324 M
Goodwill - Gross xxxxxxxxxxxxxxx73 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx106 M
Price To Book Value xxxxxxxxxxxxxxx1.96

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201920202021202220232024
Capex xxxxxxxxxxxxxxx89.7 M
Capex % of Sales xxxxxxxxxxxxxxx7.38 %
Cost of Goods Sold xxxxxxxxxxxxxxx850 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx274 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx13 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

3
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Citi

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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Morgan Stanley

17/12/2024

1

Initiation of coverage with Overweight

$13.30

15.15%

Morgan Stanley initiates coverage on EVT Ltd with an Overweight rating and a $13.30 target price.

The company is the largest movie exhibitor in A&NZ, with around a 30% market share and 140 cinema complexes. EVT also owns a portfolio of hotels across A&NZ, with a 60:40 revenue split between the two divisions.

The broker believes improved box office supply will help cinema earnings return to pre-covid levels by 2026. Overweight rating. Target price: $13.30. 

FORECAST
Morgan Stanley forecasts a full year FY25 dividend of 19.00 cents and EPS of 27.10 cents.
Morgan Stanley forecasts a full year FY26 dividend of 31.10 cents and EPS of 44.40 cents.

Ord Minnett

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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

24/10/2024

1

Buy

$12.29

6.41%

EVT Ltd's 1Q Hotel earnings were robust while Thredbo's were weak, observes Jarden, as management flagged at FY24 results. Overall, 1Q earnings (EBITDA) fell by -30.2% year-on-year, but only by -4% compared to Q1 FY19.

When the broker assumes admissions recover to 90% of FY19 levels by FY27, Jarden's estimate for total shareholder returns increases to 35%. This scenario conservatively ignores management's success in increasing yield per admit, note the analysts.

The broker is upbeat on the outlook citing two of the company's three segments are at cyclical lows for earnings and these are expected to improve, while cinemas' box office profile is looking increasingly positive.

Buy rated. The target falls to $12.29 from $12.46.

FORECAST
Jarden forecasts a full year FY25 EPS of 21.60 cents.
Jarden forecasts a full year FY26 EPS of 33.90 cents.
Access Extra Coverage Research History >

EVT STOCK CHART

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