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Star Entertainment Group Limited
(Sydney:SGR)
Star Entertainment Group Limited (SGR) vs. iShares MSCI Australia ETF (EWA)
Star Entertainment Group Limited Business Overview & Revenue Model
Star Entertainment Group Limited Financial Statement Overview
| Breakdown | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 1.67B | 1.86B | 1.53B | 1.55B | 1.49B |
| Gross Profit | 1.58B | 828.40M | 643.00M | 680.20M | 677.50M |
| EBITDA | -1.39B | -2.52B | 43.30M | 354.00M | 136.60M |
| Net Income | -1.68B | -2.44B | -202.50M | 57.90M | -94.80M |
Balance Sheet | |||||
| Total Assets | 1.90B | 3.26B | 5.37B | 5.46B | 5.81B |
| Cash, Cash Equivalents and Short-Term Investments | 299.60M | 88.70M | 82.00M | 67.90M | 66.10M |
| Total Debt | 301.80M | 757.20M | 1.33B | 1.29B | 1.63B |
| Total Liabilities | 1.06B | 1.49B | 1.94B | 1.85B | 2.36B |
| Stockholders Equity | 833.30M | 1.77B | 3.43B | 3.61B | 3.46B |
Cash Flow | |||||
| Free Cash Flow | -30.30M | -147.90M | -15.50M | 301.10M | -163.50M |
| Operating Cash Flow | 46.00M | -12.60M | 127.30M | 403.20M | 73.70M |
| Investing Cash Flow | -94.80M | -160.60M | -123.70M | -187.30M | -390.60M |
| Financing Cash Flow | 259.70M | 179.90M | 10.50M | -214.10M | 268.70M |
Star Entertainment Group Limited Technical Analysis
Star Entertainment Group Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $17.75B | 12.51 | -5.49% | 3.06% | 1.43% | -14.10% | |
41 Neutral | $300.95M | ― | -127.99% | ― | -16.00% | 3.57% | |
| ― | $219.21M | 15.75 | 6.11% | ― | ― | ― | |
| ― | $273.77M | ― | -30.20% | 30.20% | ― | ― | |
| ― | $119.98M | 16.16 | 43.45% | 6.26% | ― | ― | |
| ― | $1.07B | ― | -42.74% | 1.99% | ― | ― | |
79 Outperform | AU$55.54M | 1.42 | 26.04% | ― | 23.66% | 589.13% |
Star Entertainment Group Limited Corporate Events
The Star Entertainment Group Limited announced the termination of its Heads of Agreement with joint venture partners, Chow Tai Fook Enterprises Limited and Far East Consortium International Limited. This termination results in The Star retaining its equity interests in the Destination Brisbane Consortium and Destination Gold Coast Consortium, as well as other assets. The company faces financial obligations, including repaying $10 million and reimbursing approximately $31 million to the joint venture partners. The termination also affects The Star’s operational responsibilities and financial commitments, such as maintaining its share of the DBC debt facility and considering alternative options for its assets.
The most recent analyst rating on (AU:SGR) stock is a Sell with a A$0.26 price target. To see the full list of analyst forecasts on Star Entertainment Group Limited stock, see the AU:SGR Stock Forecast page.
The Star Entertainment Group reported a revenue of $270 million for Q4 FY25, maintaining the same level as Q3, but faced an EBITDA loss of $27 million due to ongoing regulatory challenges and mandatory carded play and cash limits in NSW. The company secured strategic investments from Bally’s Corporation and Investment Holdings, totaling $300 million, and completed the sale of the Sydney Event Centre for $60 million. Additionally, The Star is negotiating its exit from the Destination Brisbane Consortium, with ongoing discussions to finalize agreements, while its ability to continue as a going concern depends on several key financial matters.
The most recent analyst rating on (AU:SGR) stock is a Sell with a A$0.26 price target. To see the full list of analyst forecasts on Star Entertainment Group Limited stock, see the AU:SGR Stock Forecast page.
The Star Entertainment Group Limited has announced an update regarding its Heads of Agreement (HoA) with joint venture partners Chow Tai Fook Enterprises Limited and Far East Consortium International Limited. The agreement, which involves The Star’s stakes in the Destination Brisbane Consortium and Destination Gold Coast Consortium, has been extended to 31 July 2025. This extension allows for continued negotiations, with specific financial obligations outlined if the long form documents are not finalized by the new termination date. The outcome of these negotiations could significantly impact The Star’s financial commitments and strategic partnerships.
The most recent analyst rating on (AU:SGR) stock is a Sell with a A$0.26 price target. To see the full list of analyst forecasts on Star Entertainment Group Limited stock, see the AU:SGR Stock Forecast page.
The Star Entertainment Group Limited has announced the issuance of 284,133,821 unquoted convertible notes, which are part of a previously announced transaction. This move is likely to impact the company’s financial structure and could influence its market positioning by potentially increasing its capital base, though the securities are not intended to be quoted on the ASX.
The most recent analyst rating on (AU:SGR) stock is a Sell with a A$0.26 price target. To see the full list of analyst forecasts on Star Entertainment Group Limited stock, see the AU:SGR Stock Forecast page.
The Star Entertainment Group Limited announced an update regarding its negotiations with joint venture partners Chow Tai Fook Enterprises Limited and Far East Consortium International Limited concerning the Destination Brisbane Consortium (DBC) transaction. The company received a notice to terminate the Heads of Agreement (HoA) due to unresolved commercial issues, with the termination set to take effect unless withdrawn. Despite this, The Star remains open to continue negotiations. Additionally, The Star has secured $58 million from the Event Centre sale and $133 million in funding from Bally’s Corporation and Investment Holdings, which may impact its financial positioning.
The most recent analyst rating on (AU:SGR) stock is a Hold with a A$0.29 price target. To see the full list of analyst forecasts on Star Entertainment Group Limited stock, see the AU:SGR Stock Forecast page.
The Star Entertainment Group Limited held a General Meeting on 25 June 2025, where all proposed resolutions were passed with overwhelming support. Key resolutions included the approval of the acquisition of relevant interests in the company’s shares by Bally’s and Investment Holdings, as well as the ratification of prior allotments and issues of convertible notes. These decisions are likely to impact the company’s strategic positioning and shareholder value positively, reinforcing its market presence and financial stability.
The most recent analyst rating on (AU:SGR) stock is a Sell with a A$0.26 price target. To see the full list of analyst forecasts on Star Entertainment Group Limited stock, see the AU:SGR Stock Forecast page.
The Star Entertainment Group Limited announced a strategic investment involving a $300 million multi-tranche convertible note and subordinated debt instrument with Bally’s, alongside a $100 million commitment from its largest shareholder, Investment Holdings. This move aims to address financial uncertainties and ensure the company’s continued operation amid challenging conditions, including pending legal judgments. The investments require shareholder approval due to potential changes in shareholding structure, with the board and an independent expert recommending approval as beneficial for non-associated shareholders.
The most recent analyst rating on (AU:SGR) stock is a Hold with a A$0.47 price target. To see the full list of analyst forecasts on Star Entertainment Group Limited stock, see the AU:SGR Stock Forecast page.
The Star Entertainment Group Limited has announced several key executive and director appointments as part of its ongoing decentralization strategy and governance framework enhancement. These appointments include Jennifer Cronin as Interim CEO of The Star Gold Coast, Rowena Craze as Group Chief Risk Officer, Patrick McGlinchey as Group Chief Legal Officer, Sarah Derry as Chief People Officer, and Peter Meliniotis as Group Chief Information Officer. Additionally, Helen Galloway has been appointed as the independent Chair of The Star Sydney. These strategic appointments are aimed at strengthening the company’s leadership and ensuring compliance with regulatory standards, thereby enhancing its operational and governance capabilities.
The most recent analyst rating on (AU:SGR) stock is a Sell with a A$0.26 price target. To see the full list of analyst forecasts on Star Entertainment Group Limited stock, see the AU:SGR Stock Forecast page.
The Star Entertainment Group Limited announced that JPMorgan Chase & Co. and its affiliates are no longer substantial shareholders as of June 11, 2025. This change aligns with the company’s constitutional and regulatory restrictions, which prevent any individual from holding more than 10% voting power, ensuring compliance with agreements with Liquor and Gaming New South Wales and the Queensland Office of Liquor and Gaming Regulation.
The most recent analyst rating on (AU:SGR) stock is a Sell with a A$0.26 price target. To see the full list of analyst forecasts on Star Entertainment Group Limited stock, see the AU:SGR Stock Forecast page.
JPMorgan Chase & Co. and its affiliates have ceased to be substantial holders in Star Entertainment Group Limited, a company involved in the entertainment industry. This change in holding status involves various subsidiaries of JPMorgan, including J.P. Morgan Securities Australia Limited and J.P. Morgan Securities LLC, and affects a significant number of ordinary securities, indicating a shift in the company’s shareholder structure.
The most recent analyst rating on (AU:SGR) stock is a Sell with a A$0.26 price target. To see the full list of analyst forecasts on Star Entertainment Group Limited stock, see the AU:SGR Stock Forecast page.
The Star Entertainment Group Limited has announced a general meeting scheduled for June 25, 2025, where shareholders will vote on strategic investments totaling $300 million from Bally’s Corporation and Investment Holdings Pty Ltd. The meeting will also address the approval and ratification of previously issued convertible notes to these entities. The board recommends shareholders approve these resolutions, which are expected to enhance the company’s financial capacity and strategic positioning.
The most recent analyst rating on (AU:SGR) stock is a Sell with a A$0.26 price target. To see the full list of analyst forecasts on Star Entertainment Group Limited stock, see the AU:SGR Stock Forecast page.