Event Hospitality & Entertainment Ltd. (EVT) AI Stock Analysis

• Market Cap: AU$2.65B
• Dividend Yield: 1.96%
• Average Volume (3M): 201.39K
• Price to Earnings (P/E): 300.7
• Beta (1Y): 0.90
• Revenue Growth: -1.82%
• EPS Growth: -76.20%
• Country: AU
• Employees: 10,000
• Sector: Communication Services
• Sector Strength: 81
• Industry: Entertainment
• EPS (TTM): 0.19
• Shares Outstanding: 162,522,420
• 10 Day Avg. Volume: 175,300
• 30 Day Avg. Volume: 201,388
• PEG Ratio: 4.17
• Price to Book (P/B): 2.56
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 16.47
• 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$17.54
• Price Target Upside: 7.61% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 3

• Rating: 66 Neutral
• Price Target: AU$17.50 ▲(7.36%Upside)

Event Hospitality & Entertainment Ltd. receives a moderate score driven by strong cash flow and revenue growth. However, it faces challenges in profitability and valuation, with the stock appearing overvalued. Technical indicators suggest potential for a short-term pullback.

Event Hospitality & Entertainment Ltd. Business Overview & Revenue Model

Company Description

EVT Limited operates as an entertainment, hospitality, and leisure company in Australia, New Zealand, and Germany. The company operates through Entertainment, Hotels and Resorts, Thredbo Alpine Resort, and Property and Other Investments segments. It is involved in film exhibition operations under the Event Cinemas, Moonlight Cinemas, Greater Union and Birch, and Carroll & Coyle cinemas brands; and the operation of Cinebuzz Rewards, a movie loyalty program, as well as State Theatre, a 2,000-seat theatre located in Sydney. The company also supplies cinema technology solutions to digital and electronic cinema, and film projection industries; owns, operates, and manages hotels and resorts under the Rydges, QT, Atura, and Thredbo Alpine brand names; and operates Priority Guest Rewards, a hotel and resort rewards program. In addition, it invests in and develops properties; and invests in shares of unlisted companies. The company was formerly known as Event Hospitality & Entertainment Limited and changed its name to EVT Limited in October 2022. EVT Limited was founded in 1910 and is headquartered in Sydney, Australia.

How the Company Makes Money

EVT generates revenue through its diverse portfolio of operations. The primary revenue streams include ticket sales and concessions from its Event Cinemas, which attract large audiences through a mix of blockbuster films and premium viewing experiences. In the hospitality sector, EVT earns income from room bookings, food and beverage services, and event hosting at its Rydges Hotels & Resorts. Additionally, the company leverages its expertise in property development and management to generate income through leasing, property sales, and management fees. Strategic partnerships with film distributors, hospitality service providers, and property developers further augment EVT's ability to maximize its revenue potential across its various sectors.

Event Hospitality & Entertainment Ltd. Financial Statement Overview

Summary

Event Hospitality & Entertainment Ltd. has shown resilience with revenue growth and improved cash flow management, despite facing challenges in profitability and operational margins. The balance sheet exhibits a stable capital structure, though profitability metrics indicate a need for strategic improvements to enhance shareholder returns.

Income Statement

Event Hospitality & Entertainment Ltd. has shown positive revenue growth from 2023 to 2024, although the gross profit margin has slightly decreased. The net profit margin is significantly lower compared to the previous year, indicating reduced profitability. The EBIT and EBITDA margins have also decreased, suggesting operational challenges.

Balance Sheet

The company's debt-to-equity ratio indicates moderate leverage, with a slight reduction in total debt over the past year. Return on equity has diminished, reflecting a decline in profitability. However, the equity ratio remains stable, indicating a balanced capital structure.

Cash Flow

Free cash flow has increased significantly from 2023 to 2024, demonstrating improved cash generation. The operating cash flow to net income ratio remains strong, signifying efficient cash conversion. However, the free cash flow to net income ratio highlights some inconsistencies in profitability.

Breakdown	TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement
Total Revenue	1.21B	1.19B	1.17B	856.05M	572.16M	990.17M
Gross Profit	925.38M	902.77M	370.41M	196.01M	27.28M	164.00M
EBITDA	170.91M	289.69M	384.33M	155.00M	174.24M	224.98M
Net Income	8.85M	4.82M	106.53M	53.32M	-48.04M	-56.99M
Balance Sheet
Total Assets	2.65B	2.91B	3.01B	2.90B	2.98B	2.63B
Cash, Cash Equivalents and Short-Term Investments	101.31M	106.42M	207.00M	175.16M	120.98M	76.59M
Total Debt	1.34B	1.32B	1.40B	1.33B	1.49B	1.43B
Total Liabilities	1.64B	1.95B	2.00B	1.98B	2.11B	1.71B
Stockholders Equity	1.01B	964.14M	1.01B	920.77M	872.54M	923.44M
Cash Flow
Free Cash Flow	148.22M	133.27M	27.16M	176.40M	117.58M	44.13M
Operating Cash Flow	238.38M	222.98M	230.85M	275.88M	144.48M	173.22M
Investing Cash Flow	-86.49M	-94.65M	-132.82M	-6.37M	18.08M	-121.67M
Financing Cash Flow	-159.59M	-228.53M	-77.21M	-212.13M	-117.31M	-69.35M

Event Hospitality & Entertainment Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 16.30
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:EVT, the sentiment is Positive. The current price of 16.3 is below the 20-day moving average (MA) of 16.35, above the 50-day MA of 15.78, and above the 200-day MA of 12.87, indicating a neutral trend. The MACD of 0.16 indicates Positive momentum. The RSI at 54.01 is Neutral, neither overbought nor oversold. The STOCH value of 38.35 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:EVT.

Event Hospitality & Entertainment Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
EVT	66 Neutral	AU$2.65B	300.74	0.90%	1.96%	-1.82%	-76.20%
Sector *	62 Neutral	$40.76B	-1.15	-12.05%	3.90%	2.03%	-69.70%
WA7		€125.87M	21.47	1.98%	―	―	―
6MM		€76.21M	―	-71.41%	5.44%	―	―
OML	74 Outperform	AU$956.34M	25.44	4.91%	3.94%	0.27%	6.59%
NEC	67 Neutral	AU$2.55B	27.85	5.56%	4.35%	-0.92%	-3.83%
BBL	59 Neutral	AU$95.10M	16.64	12.53%	2.06%	10.42%	1.57%

Event Hospitality & Entertainment Ltd. Corporate Events

EVT Limited Lists Landmark Sydney Property for Sale

EVT Limited has initiated the sale process for its prime property at 525 George Street, Sydney, marking the first time in over a century that this landmark site has been offered to the market. The site, managed by CBRE, is expected to attract significant interest due to its prime location, development potential, and existing Stage 2 Development Approval for a mixed-use tower. This sale represents a significant opportunity for investors and developers to capitalize on Sydney’s growing demand for residential and mixed-use spaces, potentially impacting the city’s real estate landscape.

The most recent analyst rating on (AU:EVT) stock is a Buy with a A$13.30 price target. To see the full list of analyst forecasts on Event Hospitality & Entertainment Ltd. stock, see the AU:EVT Stock Forecast page.

EVT Ltd. Announces Share Registry Address Change

Event Hospitality & Entertainment Ltd. announced a change in the address of its share registry office, effective from June 10, 2025. This move is part of the company’s operational updates, with the new location being at Level 4, 44 Martin Place, Sydney, NSW 2000, while other contact details remain unchanged.

The most recent analyst rating on (AU:EVT) stock is a Buy with a A$13.30 price target. To see the full list of analyst forecasts on Event Hospitality & Entertainment Ltd. stock, see the AU:EVT Stock Forecast page.