SkyCity Entertainment: Intention to Cease Coverage
We intend to cease coverage of SkyCity Entertainment on or around Nov. 20, 2026.
SkyCity Entertainment Group Ltd SKC
Bulls Say, Bears Say
Bulls
Long-dated exclusive licences to operate the only casino in Auckland and Adelaide allow SkyCity to enjoy solid returns in a regulated environment.
Bears
Higher costs are here to stay amid a new regulatory environment, weighing on margin expansion potential.
Trading Information
- Previous Close Price
- A$0.55
- Day Range
- A$0.54–0.55
- 52-Week Range
- A$0.38–0.86
- Bid/Ask
- A$0.53 / A$0.55
- Shares Outstanding
- 1.10B
- Market Cap
- A$606.68M
- Volume/Avg
- 15,216 / 230,562
Key Statistics
- Price/Earnings (Normalized)
- 23.20
- Price/Sales
- 0.81
- Dividend Yield (Trailing)
- 0.00%
- Dividend Yield (Forward)
- 0.00%
- Dividend Payment Schedule
- —
- Total Yield
- —
Company Profile
SkyCity Entertainment operates a number of casino-hotel complexes across Australia and New Zealand. The flagship property is SkyCity Auckland, the holder and operator of an exclusive casino licence (expiring in 2048) in New Zealand's most populous city. The company also owns smaller casinos in Hamilton and Queenstown. In Australia, the company operates SkyCity Adelaide (exclusive licence expiring in 2035).
- Sector
- Consumer Cyclical
- Industry
- Resorts & Casinos
- Stock Style Box
- Small Growth
- Total Number of Employees
- 4,259
Competitors
Valuation
|
Metric
|
SKC
|
TAH
|
WYNN
|
|---|---|---|---|
Price/Earnings (Normalized) | 23.20 | 25.96 | 16.02 |
Price/Book Value | 0.48 | 1.55 | — |
Price/Sales | 0.81 | 0.74 | 1.01 |
Price/Cash Flow | 7.40 | 6.29 | 5.07 |
Price/Earnings
SKC
TAH
WYNN
Financial Strength
|
Metric
|
SKC
|
TAH
|
WYNN
|
|---|---|---|---|
Quick Ratio | 0.30 | 0.53 | 0.84 |
Current Ratio | 0.76 | 0.62 | 0.91 |
Interest Coverage | −0.45 | 1.99 | 2.03 |
Quick Ratio
SKC
TAH
WYNN
Profitability
|
Metric
|
SKC
|
TAH
|
WYNN
|
|---|---|---|---|
Return on Assets (Normalized) | 1.43% | 2.25% | 3.62% |
Return on Equity (Normalized) | 2.56% | 5.64% | — |
Return on Invested Capital (Normalized) | 1.41% | 6.23% | 8.42% |
Return on Assets
SKC
TAH
WYNN
Resorts & Casinos Industry Comparables
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1-Day Chart
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United States