EVT LIMITED (EVT)
Share Price Analysis and Chart

Enter the company code or Name for stock analysis:

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

$10.68

07 Oct
2024

0.260

OPEN

$10.45

2.50%

HIGH

$10.68

106,483

LOW

$10.34

TARGET
$12.685 18.8% 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 . VVA . WEB . WJL .
FNARENA'S MARKET CONSENSUS FORECASTS
EVT: 1
Title FY23
Actual
FY24
Actual
FY25
Forecast
FY26
Forecast
EPS (cps) xxx 3.0 27.1 xxx
DPS (cps) xxx 34.0 28.9 xxx
EPS Growth xxx - 95.5% 100.0% xxx
DPS Growth xxx - 26.1% - 15.1% xxx
PE Ratio xxx N/A 38.3 xxx
Dividend Yield xxx N/A 2.8% xxx
Div Pay Ratio(%) xxx 1144.8% 106.7% xxx

Dividend yield today if purchased 3 years ago: 2.25%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

3.28

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 © 2024 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

0.5

No. Of Recommendations

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

Citi

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Ord Minnett

27/08/2024

1

Buy

$14.05

31.55%

Ord Minnett observes the FY24 results from EVT Ltd highlight a "need for patience", with normalised net profit down -48% and well below expectations.

The business was affected by an aborted sale of German cinemas and a writers strike in the sector, as well as a delay in filmmaking during the pandemic.

While this background has stalled a recovery in earnings, the broker points out the main attraction in the stock is the unrealised value of the property assets associated with the hotels division, although now is not the right time to crystallise inherent value.

 A Buy rating has been maintained for medium term investors. Target is reduced to $14.05 from $15.65.

FORECAST
Ord Minnett forecasts a full year FY25 dividend of 38.00 cents and EPS of 29.70 cents.
Ord Minnett forecasts a full year FY26 dividend of 40.00 cents and EPS of 40.50 cents.

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

29/08/2024

1

Buy

$12.46

16.67%

EVT Ltd delivered a 6% beat to expectations in FY24 at the EBIT line. Jarden is increasingly positive, given the material discount to NTA compared with historical levels.

Hotels continue to outperform, with two new additions during the second half and another four contracts signed. The cinema film slate is improving and with Thredbo performing well despite weak snowfalls a Buy rating is reiterated. Target edges up to $12.46 from $12.44.

FORECAST
Jarden forecasts a full year FY25 EPS of 26.80 cents.
Jarden forecasts a full year FY26 EPS of 43.00 cents.

EVT STOCK CHART