Added to YB: 2026-08-26
Pitch date: 2026-08-24
EVT.AX [bullish]
EVT Limited
-1.97%
current return
Author Info
Andrew Brown manages Dynasty Trust - a wholesale unit trust investing ONLY in public companies with controlling shareholders. Sign up for the newsletter.
Company Info
EVT Limited engages in the entertainment business in Australia, New Zealand, Singapore, and Germany. It operates through Entertainment, Entertainment Germany, Hotels and Resorts, Thredbo Alpine Resort, and Property and Other Investments segments.
Market Cap
AUD 2.5B
Pitch Price
AUD 15.74
Price Target
22.25 (+44%)
Dividend
2.67%
EV/EBITDA
12.43
P/E
49.29
EV/Sales
2.91
Sector
Entertainment
Category
special_situation
EVT Limited: unsealing the treasure trove
EVT.AX (earnings): FY26 catalysts crystallize the SOTP: EVT plans $800m non-core property divestment (incl. ~$320m+ George/Market St Sydney site), engaged Rothschild for a 'Group Structure Review' with 'everything on the table.' Cinema not dead—EBITDA +46% YoY on 48 fewer avg screens via premium pricing/output; author values segment ~$700m (PE circling Hoyts). Net debt ~$460m (below prior est). Capital to redeploy into hotels + potential special dividends ($1.04/sh franking credits). Author values $16.50–$22.25/sh; PT A$22.25 (+73%).
Read full article (2 min)