Ardent Leisure Group Ltd (CEH) AI Stock Analysis

• Market Cap: AU$215.65M
• Dividend Yield: N/A
• Average Volume (3M): 195.58K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.55
• Revenue Growth: 10.76%
• EPS Growth: 95.79%
• Country: AU
• Employees: N/A
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Leisure
• EPS (TTM): >-0.01
• Shares Outstanding: 388,561,860
• 10 Day Avg. Volume: 112,003
• 30 Day Avg. Volume: 195,579
• PEG Ratio: 13.75
• Price to Book (P/B): 0.73
• Price to Sales (P/S): 1.69
• P/FCF Ratio: -4.40
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: AU$0.64
• Price Target Upside: 16.36% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 51 Neutral
• Price Target: AU$0.50 ▼(-9.09% Downside)

The overall stock score is primarily influenced by the company's financial performance challenges, particularly in profitability and cash flow management. Technical analysis shows positive momentum, but overbought signals could lead to a correction. Valuation metrics are weak due to negative earnings and lack of dividends.

Positive Factors

Revenue Growth

Consistent revenue growth indicates a positive trend in sales, reflecting the company's ability to attract more visitors and increase its market presence.

Strong Balance Sheet

A strong balance sheet with low leverage risk provides financial stability, allowing the company to invest in growth opportunities and weather economic downturns.

Efficient Cost Management

Efficient cost management helps maintain a strong gross profit margin, which is crucial for sustaining profitability even when facing high operating expenses.

Negative Factors

Profitability Challenges

Negative EBIT and net income highlight ongoing profitability challenges, which can impact long-term financial health and shareholder value.

Cash Flow Issues

Negative free cash flow growth indicates difficulties in converting operating cash flow into free cash flow, potentially limiting future investment and expansion capabilities.

High Operating Expenses

High operating expenses reduce net profit margins, challenging the company's ability to improve profitability and invest in growth initiatives.

Ardent Leisure Group Ltd Business Overview & Revenue Model

Company Description

Coast Entertainment Holdings Limited engages in the investment, ownership, and operation of leisure and entertainment businesses in Australia. It operates theme park under the Dreamworld and WhiteWater World in Coomera, Queensland; and the SkyPoint observation deck and climb in Surfers Paradise, Queensland. The company was formerly known as Ardent Leisure Group Limited and changed its name to Coast Entertainment Holdings Limited in December 2023. The company was incorporated in 2018 and is based in North Sydney, Australia.

How the Company Makes Money

Ardent Leisure generates revenue primarily through admission fees from its theme parks, including ticket sales, annual passes, and seasonal events. Additionally, the company earns income from food and beverage sales, merchandise, and special attractions within its parks. The bowling and entertainment segments contribute to revenue through lane rentals, event hosting, and food and beverage services. Strategic partnerships with local businesses and tourism organizations help drive visitor traffic and enhance marketing efforts, while also providing promotional opportunities that can lead to increased customer engagement and spending.

Ardent Leisure Group Ltd Financial Statement Overview

Summary

Ardent Leisure Group Ltd shows modest revenue growth but struggles with profitability and cash flow management. The balance sheet is strong with low leverage, but negative profitability metrics and cash flow issues indicate a need for strategic improvements.

Income Statement

Ardent Leisure Group Ltd has shown a modest revenue growth rate of 4.92% in the latest period, indicating a positive trend in sales. However, the company is struggling with profitability as evidenced by negative EBIT and net income, leading to weak net profit margins. The gross profit margin remains strong, suggesting efficient cost management at the production level, but overall profitability is hindered by high operating expenses.

Balance Sheet

The balance sheet reflects a strong equity position with a low debt-to-equity ratio, indicating financial stability and low leverage risk. However, the return on equity is negative, highlighting challenges in generating returns for shareholders. The equity ratio is healthy, suggesting a solid capital structure.

Cash Flow

The cash flow statement reveals challenges in cash generation, with negative free cash flow growth and a negative free cash flow to net income ratio. Operating cash flow is positive, but the company struggles to convert this into free cash flow, indicating potential issues with capital expenditures or operational efficiency.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	96.39M	95.72M	87.03M	83.88M	49.46M	390.67M
Gross Profit	17.01M	79.36M	72.43M	70.10M	39.62M	322.12M
EBITDA	12.07M	2.62M	-504.00K	-35.00K	-55.42M	32.97M
Net Income	-113.00K	-112.00K	2.62M	664.72M	-97.43M	-86.93M
Balance Sheet
Total Assets	249.27M	249.27M	271.02M	283.34M	1.13B	906.61M
Cash, Cash Equivalents and Short-Term Investments	33.88M	33.88M	89.19M	141.42M	40.77M	114.96M
Total Debt	765.00K	765.00K	989.00K	601.00K	45.71M	624.70M
Total Liabilities	28.22M	28.22M	31.37M	28.76M	1.07B	736.92M
Stockholders Equity	221.05M	221.05M	239.65M	254.58M	36.19M	130.34M
Cash Flow
Free Cash Flow	-36.12M	-36.71M	-45.71M	-31.73M	50.60M	50.24M
Operating Cash Flow	12.56M	12.56M	2.59M	-14.25M	167.84M	93.91M
Investing Cash Flow	-6.49M	-6.49M	-3.42M	471.53M	-147.31M	-43.58M
Financing Cash Flow	-19.51M	-19.51M	-18.39M	-501.64M	-51.08M	-87.61M

Ardent Leisure Group Ltd Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.55
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:CEH, the sentiment is Positive. The current price of 0.55 is above the 20-day moving average (MA) of 0.52, above the 50-day MA of 0.48, and above the 200-day MA of 0.42, indicating a bullish trend. The MACD of 0.02 indicates Negative momentum. The RSI at 62.42 is Neutral, neither overbought nor oversold. The STOCH value of 51.74 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:CEH.

Ardent Leisure Group Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
JYC	67 Neutral	AU$157.01M	21.79	21.22%	5.01%	1.82%	-18.84%
RCT	63 Neutral	AU$179.28M	19.52	43.45%	5.00%	-4.01%	-12.08%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
VVA	58 Neutral	AU$162.60M	30.82	4.75%	―	30.36%	47.61%
CEH	51 Neutral	AU$215.65M	-611.11	-0.05%	―	10.76%	95.79%
EXP	48 Neutral	AU$90.66M	-100.00	-0.76%	1.92%	5.73%	-1200.00%
TOY	40 Underperform	―	―	―	―	―	―

Ardent Leisure Group Ltd Corporate Events

Director’s Interest Update at Coast Entertainment Holdings

Coast Entertainment Holdings Limited has announced a change in the director’s interest, specifically involving Jemma Elder. The change involves an on-market purchase of 52,631 ordinary shares by Sillat Pty Ltd as trustee for the Sillat Superannuation Fund, increasing the total number of shares held to 181,646. This transaction reflects a strategic financial decision by the director, potentially impacting the company’s stock position and signaling confidence in the company’s future performance.

Director’s Interest in Coast Entertainment Holdings Increases

Coast Entertainment Holdings Limited (ASX: CEH) announced a change in the director’s interest, specifically involving David Haslingden. The notice details that Haslingden acquired 1,009,608 ordinary shares through on-market trades between November 13-18, 2025, increasing his total holdings to 2,279,608 shares. This acquisition reflects a significant increase in Haslingden’s stake in the company, potentially indicating confidence in the company’s future performance and impacting stakeholder perceptions.

Coast Entertainment Holdings Announces AGM Results with Strong Support for Leadership

Coast Entertainment Holdings Limited announced the results of its Annual General Meeting, revealing strong support for the adoption of the remuneration report and the re-election of directors David Haslingden and Erin Wallace. The resolutions were carried with overwhelming majorities, indicating stakeholder confidence in the company’s leadership and strategic direction.

Coast Entertainment Holdings AGM Highlights New Attractions and Hybrid Meeting Format

Coast Entertainment Holdings Limited held its Annual General Meeting at Dreamworld, showcasing new attractions and conducting the meeting in a hybrid format to accommodate both in-person and virtual attendance. The meeting included procedural guidance for virtual participants and featured introductions of board members and executives, highlighting the company’s commitment to shareholder engagement and transparency.

Coast Entertainment’s Dreamworld Application Called-In; Reports Strong FY26 Performance

Coast Entertainment Holdings Limited, listed on the ASX, has announced that its Preliminary Approval Development Application for Dreamworld has been called-in by the Queensland Minister for State Development, Infrastructure and Planning. This means the Minister will now assess and decide on the application instead of the local council, with the company awaiting the decision to determine future land use. Additionally, the company reported strong trading performance for FY26 year-to-date, with significant increases in attendance and ticket sales, contributing to higher operating revenue and EBITDA. The construction of Dreamworld’s new attraction, King Claw, is progressing well and is set to open in December 2025.

Coast Entertainment Holdings Announces 2025 Annual General Meeting

Coast Entertainment Holdings Limited has announced its 2025 Annual General Meeting, scheduled for November 6, 2025, to be held as a hybrid meeting. The company will not physically dispatch the Notice of Meeting to all shareholders, instead providing access to the documents online, reflecting a shift towards digital engagement with stakeholders.