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Event Hospitality & Entertainment Ltd. (AU:EVT)
ASX:EVT

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

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AU

Event Hospitality & Entertainment Ltd.

(Sydney:EVT)

Rating:66Neutral
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. (EVT) vs. iShares MSCI Australia ETF (EWA)

Event Hospitality & Entertainment Ltd. Business Overview & Revenue Model

Company DescriptionEVT 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 MoneyEVT 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
68
Positive
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
72
Positive
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
75
Positive
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.
BreakdownTTMJun 2024Jun 2023Jun 2022Jun 2021Jun 2020
Income Statement
Total Revenue1.21B1.19B1.17B856.05M572.16M990.17M
Gross Profit925.38M902.77M370.41M196.01M27.28M164.00M
EBITDA170.91M289.69M384.33M155.00M174.24M224.98M
Net Income8.85M4.82M106.53M53.32M-48.04M-56.99M
Balance Sheet
Total Assets2.65B2.91B3.01B2.90B2.98B2.63B
Cash, Cash Equivalents and Short-Term Investments101.31M106.42M207.00M175.16M120.98M76.59M
Total Debt1.34B1.32B1.40B1.33B1.49B1.43B
Total Liabilities1.64B1.95B2.00B1.98B2.11B1.71B
Stockholders Equity1.01B964.14M1.01B920.77M872.54M923.44M
Cash Flow
Free Cash Flow148.22M133.27M27.16M176.40M117.58M44.13M
Operating Cash Flow238.38M222.98M230.85M275.88M144.48M173.22M
Investing Cash Flow-86.49M-94.65M-132.82M-6.37M18.08M-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 Price16.30
Price Trends
50DMA
15.78
Positive
100DMA
14.61
Positive
200DMA
12.87
Positive
Market Momentum
MACD
0.16
Positive
RSI
54.01
Neutral
STOCH
38.35
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

Overall Rating
UnderperformOutperform
Sector (62)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
AUEVT
66
Neutral
AU$2.65B300.740.90%1.96%-1.82%-76.20%
62
Neutral
$40.76B-1.15-12.05%3.90%2.03%-69.70%
DEWA7
€125.87M21.471.98%
DE6MM
€76.21M-71.41%5.44%
AUOML
74
Outperform
AU$956.34M25.444.91%3.94%0.27%6.59%
AUNEC
67
Neutral
AU$2.55B27.855.56%4.35%-0.92%-3.83%
AUBBL
59
Neutral
AU$95.10M16.6412.53%2.06%10.42%1.57%
* Communication Services Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:EVT
Event Hospitality & Entertainment Ltd.
16.30
5.35
48.86%
DE:WA7
Seven West Media Limited
0.07
-0.03
-30.00%
DE:6MM
Southern Cross Media Group Limited
0.29
-0.09
-23.68%
AU:NEC
Nine Entertainment Co. Holdings Limited
1.65
0.35
26.92%
AU:OML
oOh media Ltd
1.74
0.44
33.85%
AU:BBL
Brisbane Broncos Limited
0.97
0.09
10.23%

Event Hospitality & Entertainment Ltd. Corporate Events

EVT Limited Lists Landmark Sydney Property for Sale
Jun 11, 2025

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
Jun 10, 2025

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.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Jun 05, 2025