Star Entertainment Group Limited (AU:SGR)
ASX:SGR
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Star Entertainment Group Limited
(Sydney:SGR)
Select Model
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Rating:43Neutral
Price Target:
AU$0.12
▲(21.00% Upside)
Action:ReiteratedDate:03/21/26
The score is primarily weighed down by weak financial performance (declining revenue, losses, negative cash flows, and high leverage). Technical indicators are relatively neutral and provide only modest support, while valuation is also pressured by a negative P/E driven by unprofitability and no dividend yield data.
Positive Factors
Diversified integrated-resort business model
The integrated-resort model generates multiple, complementary revenue streams (gaming, rooms, F&B, events). That diversification reduces dependence on one spend category, supports cross-selling and steadier recovery of demand across segments over a multi-month horizon.
Negative Factors
Declining revenue trend
Material revenue contraction reduces scale economics and increases per-unit fixed costs. Persistent top-line decline narrows margins, hampers cash generation and limits ability to invest in property upgrades or marketing needed to regain market share over the medium term.
Read all positive and negative factors
Positive Factors
Negative Factors
Diversified integrated-resort business model
The integrated-resort model generates multiple, complementary revenue streams (gaming, rooms, F&B, events). That diversification reduces dependence on one spend category, supports cross-selling and steadier recovery of demand across segments over a multi-month horizon.
Read all positive factors
Star Entertainment Group Limited (SGR) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$829.41M
Dividend YieldN/A
Average Volume (3M)7.69M
Price to Earnings (P/E)―
Beta (1Y)0.24
Revenue Growth-31.07%
EPS Growth74.57%
CountryAU
Employees776
SectorConsumer Cyclical
Sector Strength84
IndustryGambling, Resorts & Casinos
Share Statistics
EPS (TTM)-0.03
Shares Outstanding6,636,202,600
10 Day Avg. Volume7,974,632
30 Day Avg. Volume7,686,797
Financial Highlights & Ratios
PEG Ratio0.01
Price to Book (P/B)0.96
Price to Sales (P/S)0.28
P/FCF Ratio-1.82
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)-0.03
Revenue Forecast (FY)AU$1.12B
Star Entertainment Group Limited Business Overview & Revenue Model
Company Description
The Star Entertainment Group Limited operates and manages integrated resorts in Australia. It operates through three segments: Sydney, Gold Coast, and Brisbane. The company owns and operates The Star Sydney, The Star Gold Coast, and Treasury Brisb...
How the Company Makes Money
Star Entertainment Group makes money by operating integrated resorts where revenue is generated from multiple on-site customer spend categories. Its key revenue stream is casino gaming, where it earns gaming revenue from table games and electronic...
Star Entertainment Group Limited Financial Statement Overview
Summary
Income Statement
35
Negative
Balance Sheet
40
Negative
Cash Flow
30
Negative
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.18B | 1.36B | 1.67B | 1.86B | 1.53B | 1.55B |
| Gross Profit | 224.50M | 396.60M | 1.58B | 828.40M | 643.00M | 680.20M |
| EBITDA | -228.50M | -96.70M | -1.39B | -2.52B | 43.30M | 354.00M |
| Net Income | -279.30M | -471.50M | -1.68B | -2.44B | -202.50M | 57.90M |
Balance Sheet | ||||||
| Total Assets | 1.69B | 1.78B | 1.90B | 3.26B | 5.37B | 5.46B |
| Cash, Cash Equivalents and Short-Term Investments | 171.00M | 267.00M | 299.60M | 88.70M | 82.00M | 67.90M |
| Total Debt | 393.20M | 598.30M | 301.80M | 757.20M | 1.33B | 1.29B |
| Total Liabilities | 1.11B | 1.38B | 1.06B | 1.49B | 1.94B | 1.85B |
| Stockholders Equity | 576.80M | 403.20M | 833.30M | 1.77B | 3.43B | 3.61B |
Cash Flow | ||||||
| Free Cash Flow | -248.00M | -213.00M | -30.30M | -147.90M | -15.50M | 301.10M |
| Operating Cash Flow | -200.00M | -144.10M | 46.00M | -12.60M | 127.30M | 403.20M |
| Investing Cash Flow | 23.90M | -30.30M | -94.80M | -160.60M | -123.70M | -187.30M |
| Financing Cash Flow | 245.70M | 141.80M | 259.70M | 98.10M | 10.50M | -214.10M |
Star Entertainment Group Limited Technical Analysis
Positive
0.10
Price Trends
0.14
Negative
0.13
Negative
0.12
Positive
Market Momentum
>-0.01
Negative
50.04
Neutral
44.44
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:SGR, the sentiment is Positive. The current price of 0.1 is below the 20-day moving average (MA) of 0.12, below the 50-day MA of 0.14, and below the 200-day MA of 0.12, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 50.04 is Neutral, neither overbought nor oversold. The STOCH value of 44.44 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:SGR.
Star Entertainment Group Limited Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
64 Neutral | AU$2.28B | 26.11 | 2.62% | 2.01% | 8.62% | ― | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
56 Neutral | AU$169.82M | 16.20 | 48.57% | 5.00% | -4.01% | -12.08% | |
54 Neutral | AU$383.95M | -3.52 | 6.11% | 18.81% | 12.22% | 558.33% | |
43 Neutral | AU$829.41M | -1.45 | -57.00% | ― | -31.07% | 74.57% | |
43 Neutral | AU$312.83M | -3.53 | 653.24% | ― | 6.47% | 60.03% |
* Consumer Cyclical Sector Average
AU:SGR
Star Entertainment Group Limited
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Star Entertainment Group Limited Corporate Events
The Star Entertainment Overhauls Leadership With New CFO and Key Executive Hires
Mar 20, 2026
The Star Entertainment Group has appointed H.C. Charles (Charlie) Diao as Group Chief Financial Officer, bringing in an experienced U.S.-based finance executive from Bally’s Corporation to oversee financial stability, capital strategy and su...
Star Entertainment Cancels More Than 9 Million Performance Rights
Mar 6, 2026
The Star Entertainment Group Limited has notified the market of the cessation of 9,039,126 performance rights, recorded under ASX security code SGRAK, effective 27 February 2026. The securities ceased for reasons classified as “Other,”...
The Star Entertainment Corrects Results Release as Restructuring Deepens Loss-Making Half
Mar 1, 2026
The Star Entertainment Group has clarified a typographical error in its earlier half-year FY26 results announcement, confirming the period covered is the half year ended 31 December 2025. The correction comes as the company undergoes significant b...
Star Entertainment Outlines H1 FY26 Results Under Strict Investor Cautions
Feb 27, 2026
The Star Entertainment Group released a presentation of its half-year FY26 results, outlining summary information on the group’s activities and financial metrics. The document emphasises that it is informational in nature, not an offer or in...
The Star Entertainment Posts H1 Loss as It Restructures and Races to Refinance Debt
Feb 27, 2026
The Star Entertainment Group has reported an unaudited normalised revenue of $584.9 million for the first half of FY26, with a normalised EBITDA loss of $7.6 million and a statutory net loss of $109.7 million. The company continues to face challen...
Star Entertainment Releases Half-Year 2025 Financial Report
Feb 27, 2026
The Star Entertainment Group has released its directors’ report and financial report for the half year ended 31 December 2025. The package includes consolidated income, balance sheet, cash flow and equity statements, along with key disclosur...
Star Entertainment Deepens Half-Year Loss, Scraps Interim Dividend
Feb 27, 2026
The Star Entertainment Group reported a statutory net loss after tax of $109.7 million for the half year ended 31 December 2025, a 63.7% deeper loss than the prior corresponding period, despite a 4.1% fall in revenue to $694.6 million. Normalised ...
The Star Entertainment Group Agrees Non-Binding Debt Refinancing Term Sheet With WhiteHawk
Feb 26, 2026
The Star Entertainment Group has executed a non-binding refinancing term sheet with credit investor WhiteHawk Capital Partners to fully refinance its existing debt and provide additional liquidity to support a turnaround plan under its new managem...
The Star Edges Back to Profit Amid Refinancing Strain and Ongoing Regulatory Pressures
Jan 30, 2026
The Star Entertainment Group reported unaudited second-quarter FY26 revenue of $301 million, up 6% on the previous quarter, and returned to a modest EBITDA profit of $6 million before significant items after an EBITDA loss in Q1, helped by stabili...
Star Entertainment Details Lapse of Performance Rights and Options
Jan 14, 2026
The Star Entertainment Group has notified the market of the cessation of a series of performance rights and share options, detailing the lapse or termination of 3,087,855 performance rights and 1,269,500 options across several dates in November an...
Star Entertainment Reshapes Executive Ranks as CFO and COO Exit, CEO Appointment Formalised
Dec 28, 2025
The Star Entertainment Group has announced the resignation of Group Chief Financial Officer Frank Krile, effective 29 December 2025, and Group Chief Operating Officer Jeannie Mok, who will depart at the end of January 2026, and the company will no...
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.