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Star Entertainment Group Limited
(OTC: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 | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.27B | 1.36B | 1.67B | 1.86B | 1.53B | 1.55B |
| Gross Profit | 307.60M | 396.60M | 1.58B | 828.40M | 643.00M | 680.20M |
| EBITDA | -204.60M | -96.70M | -1.39B | -2.52B | 43.30M | 354.00M |
| Net Income | -471.50M | -471.50M | -1.68B | -2.44B | -202.50M | 57.90M |
Balance Sheet | ||||||
| Total Assets | 1.78B | 1.78B | 1.90B | 3.26B | 5.37B | 5.46B |
| Cash, Cash Equivalents and Short-Term Investments | 267.00M | 267.00M | 299.60M | 88.70M | 82.00M | 67.90M |
| Total Debt | 598.30M | 598.30M | 301.80M | 757.20M | 1.33B | 1.29B |
| Total Liabilities | 1.38B | 1.38B | 1.06B | 1.49B | 1.94B | 1.85B |
| Stockholders Equity | 403.20M | 403.20M | 833.30M | 1.77B | 3.43B | 3.61B |
Cash Flow | ||||||
| Free Cash Flow | -248.70M | -213.00M | -30.30M | -147.90M | -15.50M | 301.10M |
| Operating Cash Flow | -179.80M | -144.10M | 46.00M | -12.60M | 127.30M | 403.20M |
| Investing Cash Flow | -36.30M | -30.30M | -94.80M | -160.60M | -123.70M | -187.30M |
| Financing Cash Flow | 220.30M | 141.80M | 259.70M | 98.10M | 10.50M | -214.10M |
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 |
|---|---|---|---|---|---|---|---|
63 Neutral | AU$179.28M | 19.63 | 43.45% | 5.00% | -4.01% | -12.08% | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
60 Neutral | AU$338.48M | 15.90 | 6.11% | 18.91% | 12.22% | 558.33% | |
55 Neutral | $2.16B | 59.06 | 2.89% | 2.12% | 8.62% | ― | |
45 Neutral | AU$696.54M | ― | -65.81% | ― | -31.07% | 74.57% | |
43 Neutral | AU$319.78M | ― | -142.61% | ― | 6.47% | 60.03% |
Star Entertainment Group Limited Corporate Events
The Star Entertainment Group has navigated a challenging financial year, culminating in a strategic investment of $300 million by Bally’s Corporation and Investment Holdings Pty Ltd, which now collectively hold 61% of the company’s issued capital. This investment, along with asset sales and governance enhancements, aims to stabilize the company’s financial position and restore its casino licenses. The company is undergoing significant board renewal, with new directors appointed to enhance oversight and compliance, though material uncertainties remain regarding its ongoing viability.
The most recent analyst rating on (AU:SGR) stock is a Sell with a A$0.09 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 received regulatory approvals from the NSW Independent Casino Commission and the Queensland Office of Liquor and Gaming Regulation for strategic investments by Bally’s Corporation and Investment Holdings Pty Ltd. This approval allows for the conversion of a $300 million investment into equity and the appointment of new directors to The Star’s board, marking a significant step towards financial stability and operational suitability. The approvals also include conditions for Bally’s to improve The Star’s financial performance, indicating a positive shift in the company’s strategic direction.
The most recent analyst rating on (AU:SGR) stock is a Sell with a A$0.09 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 the performance rights granted to executives and senior managers for the financial year ending June 30, 2022, have lapsed. This is due to the failure to meet the performance hurdles set in the company’s Long Term Incentive Plan, which included earnings per share, relative total shareholder return, and return on invested capital. The lapse of these performance rights may impact executive compensation and could reflect challenges in meeting financial targets, potentially affecting stakeholder confidence.
The most recent analyst rating on (AU:SGR) stock is a Sell with a A$0.09 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 appointment of Mr. Don Pasquariello as a Non-Executive Director, pending regulatory and ministerial approvals. With over 40 years of experience in audit, assurance, and professional services, Mr. Pasquariello brings significant expertise in corporate governance and risk management, which is expected to aid the company’s ongoing remediation and cultural reset efforts, positioning it for sustainable long-term growth.
The most recent analyst rating on (AU:SGR) stock is a Sell with a A$0.09 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 increase to $284 million for Q1 FY26, with a reduced EBITDA loss of $13 million, reflecting stabilized trading despite challenging conditions due to regulatory changes. The company is undergoing significant restructuring, including exiting joint ventures and securing strategic investments, while facing uncertainties related to regulatory approvals and financial covenants, impacting its capital management strategy.
The most recent analyst rating on (AU:SGR) stock is a Sell with a A$0.09 price target. To see the full list of analyst forecasts on Star Entertainment Group Limited stock, see the AU:SGR Stock Forecast page.
Star Entertainment Group Limited has released its corporate governance statement for the financial year ending June 30, 2025, which is accessible on their website. The statement outlines the company’s adherence to ASX Corporate Governance Council’s principles, detailing the roles and responsibilities of the board and management, and ensuring transparency and accountability in its operations. This disclosure is crucial for maintaining investor confidence and aligning with regulatory standards, thereby reinforcing the company’s commitment to robust governance practices.
The most recent analyst rating on (AU:SGR) stock is a Sell with a A$0.09 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 significant transformation in its corporate governance practices, aiming to enhance its suitability to hold casino licenses and ensure long-term business sustainability. The company has developed a new Governance Framework to provide focused oversight and compliance, particularly for its properties in Sydney, Gold Coast, and Brisbane, with changes in board composition and increased operational scrutiny. This initiative is part of a broader effort to align with ASX Corporate Governance Principles and Recommendations, with further updates expected in 2026.
The most recent analyst rating on (AU:SGR) stock is a Sell with a A$0.09 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 released its annual report, which includes comprehensive insights into its financial performance, key projects, and sustainability efforts. The report highlights the company’s commitment to governance, community engagement, and environmental responsibility, reflecting its strategic focus on sustainable growth and stakeholder value.
The most recent analyst rating on (AU:SGR) stock is a Sell with a A$0.09 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 its 2025 Annual General Meeting, scheduled for November 25, 2025, at The Star Gold Coast and online. Key agenda items include the re-election and election of directors, adoption of the Remuneration Report, and a conditional spill resolution. Notably, Michael Issenberg will retire from the Board, and the meeting will address the potential change in board composition following the conversion of Convertible Notes issued to Bally’s and Investment Holdings.
The most recent analyst rating on (AU:SGR) stock is a Sell with a A$0.09 price target. To see the full list of analyst forecasts on Star Entertainment Group Limited stock, see the AU:SGR Stock Forecast page.
Star Entertainment Group Limited has announced the appointment of Bruce Joseph Mathieson Jnr as a director, effective from October 10, 2025. The initial director’s interest notice reveals that Mathieson holds no relevant interests in securities or contracts, indicating a neutral impact on the company’s operations and stakeholder interests.
The most recent analyst rating on (AU:SGR) stock is a Sell with a A$0.09 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 the cessation of certain securities, including performance rights and options, as part of their capital management activities. This announcement may impact the company’s financial structure and investor relations, as it involves the expiration and cessation of a significant number of securities, which could influence market perceptions and shareholder value.
The most recent analyst rating on (AU:SGR) stock is a Sell with a A$0.09 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 appointment of Mr. Bruce Mathieson Jnr as a Non-Executive Director following the receipt of all necessary regulatory and ministerial approvals. Concurrently, Mr. Michael Issenberg will retire from the Board after the 2025 Annual General Meeting, having served as a non-executive director since 2022 and contributing significantly in various roles.
The most recent analyst rating on (AU:SGR) stock is a Sell with a A$0.09 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 released its audited Financial Report for FY2025, revealing a reduction in both normalised and statutory losses compared to the unaudited preliminary figures. The company also secured covenant waivers from its lenders, which could provide financial flexibility and stability moving forward.
The most recent analyst rating on (AU:SGR) stock is a Sell with a A$0.09 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 concluded negotiations with its syndicated facility agreement lenders, securing a covenant waiver for September 30, 2025. This development is part of the company’s efforts to finalize its audited financial report for the fiscal year ending June 30, 2025, which is due for submission by the end of the day.
The most recent analyst rating on (AU:SGR) stock is a Sell with a A$0.09 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 announced that the suspension of its Gold Coast casino license has been deferred to September 2026, and the appointment of a Special Manager has been extended to the same date. This decision reflects the company’s ongoing remediation efforts and commitment to maintaining a transparent relationship with regulatory bodies, aiming to demonstrate its suitability as a license holder.
The most recent analyst rating on (AU:SGR) stock is a Sell with a A$0.09 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 been informed by the NSW Independent Casino Commission that the suspension of The Star Sydney’s casino license will continue. The appointment of a Manager to oversee operations has been extended until March 2026, as the company works on its Remediation Plan to regain its license. The Star is committed to working with the NICC and demonstrating its suitability as a license holder.
The most recent analyst rating on (AU:SGR) stock is a Sell with a A$0.09 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 a substantial holder in Star Entertainment Group Limited, a company in the entertainment and gaming industry. This change in substantial holding involves various transactions related to securities lending and proprietary trading, impacting the voting securities of the company.
The most recent analyst rating on (AU:SGR) stock is a Sell with a A$0.09 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 details of its 2025 Annual General Meeting, scheduled for November 25, 2025, at The Star Gold Coast in Queensland. This meeting is a key event for shareholders, providing an opportunity to discuss company performance and future strategies, potentially impacting the company’s operations and stakeholder engagement.
The most recent analyst rating on (AU:SGR) stock is a Sell with a A$0.09 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 Citigroup Global Markets Australia Pty Limited has ceased to be a substantial shareholder as of September 9, 2025. This change aligns with the company’s constitutional and regulatory requirements that restrict any individual or entity from holding more than a 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$0.09 price target. To see the full list of analyst forecasts on Star Entertainment Group Limited stock, see the AU:SGR Stock Forecast page.
Star Entertainment Group Ltd has announced that Citigroup Global Markets Australia Pty Limited and its related entities have ceased to be substantial holders in the company as of September 9, 2025. This change reflects a decrease in Citigroup’s relevant interest in Star Entertainment’s shares due to securities lending agreements, potentially impacting the company’s shareholder structure and market perception.
The most recent analyst rating on (AU:SGR) stock is a Sell with a A$0.09 price target. To see the full list of analyst forecasts on Star Entertainment Group Limited stock, see the AU:SGR Stock Forecast page.
Star Entertainment Group Limited is a prominent player in the hospitality and entertainment sector, primarily operating casino resorts across Australia. The company’s portfolio includes properties in Sydney, Gold Coast, and Brisbane, offering a mix of gaming, hotel, and entertainment services.
The Star Entertainment Group Limited has appointed Mr. Bruce Mathieson Jnr as a Non-Executive Director, pending regulatory approvals. This appointment aligns with the company’s strategic transformation and reflects the commitment of its largest shareholder, Investment Holdings Pty Limited, to support The Star’s governance and strategic direction.
The most recent analyst rating on (AU:SGR) stock is a Sell with a A$0.09 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 been engaged in ongoing discussions with its lenders regarding potential covenant waivers for the latter half of 2025. The company finds the terms proposed by the lenders unacceptable and plans to submit its unaudited accounts for the period ending 30 June 2025 to the ASX on 29 August 2025, with audited accounts expected by the end of September 2025.
The most recent analyst rating on (AU:SGR) stock is a Sell with a A$0.09 price target. To see the full list of analyst forecasts on Star Entertainment Group Limited stock, see the AU:SGR Stock Forecast page.