Added to YB: 2025-03-06
Pitch date: 2025-01-15
SKC.NZ [bullish]
SkyCity Entertainment Group Limited
-37.35%
current return
Author Info
No bio for this author
Company Info
SkyCity Entertainment Group Limited, together with its subsidiaries, operates in the gaming, entertainment, hotel, convention, hospitality, and tourism sectors in New Zealand and Australia.
Market Cap
NZD 1.0B
Pitch Price
NZD 1.34
Price Target
4.00 (+376%)
Dividend
N/A
EV/EBITDA
7.59
P/E
-6.32
EV/Sales
2.06
Sector
Hotels, Restaurants and Leisure
Category
growth
SkyCity Entertainment Group Limited - $SKC.NZ
SKC.NZ: NZ casino/hotel co. at 6.8x FY25E EBITDA. 65-173% upside. Catalysts: NZICC opening, tourism recovery, online gambling, asset sales. Risks: MCP impact, slow recovery, regulatory pressure. Auckland monopoly til 2048. 16% EBITDA growth potential. 8% div yield possible post-asset sales.
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