Skycity Entertainment Group Ltd
NZX:SKC

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Skycity Entertainment Group Ltd
NZX:SKC
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Price: 0.89 NZD 4.71% Market Closed
Market Cap: 981.7m NZD

Relative Value

The Relative Value of one SKC stock under the Base Case scenario is 2.13 NZD. Compared to the current market price of 0.89 NZD, Skycity Entertainment Group Ltd is Undervalued by 58%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

SKC Relative Value
Base Case
2.13 NZD
Undervaluation 58%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
92
vs Industry
53
Median 3Y
2.2
Median 5Y
3.2
Industry
1.4
Forward
1.2
vs History
41
vs Industry
2
Median 3Y
33.6
Median 5Y
23.9
Industry
20.1
Forward
30.1
vs History
34
vs Industry
43
Median 3Y
9.6
Median 5Y
12.3
Industry
9.6
vs History
vs Industry
28
Median 3Y
-15
Median 5Y
-12.3
Industry
18.3
vs History
92
vs Industry
68
Median 3Y
1.3
Median 5Y
1.6
Industry
2.1
vs History
92
vs Industry
41
Median 3Y
2.8
Median 5Y
3.7
Industry
1.9
Forward
2.1
vs History
92
vs Industry
57
Median 3Y
3.2
Median 5Y
4.2
Industry
3.8
vs History
73
vs Industry
35
Median 3Y
14
Median 5Y
18.2
Industry
10.6
Forward
9
vs History
73
vs Industry
48
Median 3Y
14
Median 5Y
18.2
Industry
16.6
Forward
21
vs History
12
vs Industry
31
Median 3Y
11.5
Median 5Y
16.9
Industry
11.3
vs History
vs Industry
5
Median 3Y
-12.7
Median 5Y
-12.7
Industry
16.3
vs History
92
vs Industry
71
Median 3Y
0.9
Median 5Y
1.2
Industry
1.3

Multiples Across Competitors

SKC Competitors Multiples
Skycity Entertainment Group Ltd Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
NZ
Skycity Entertainment Group Ltd
NZX:SKC
981.7m NZD 1.2 33.6 14 14
US
Las Vegas Sands Corp
NYSE:LVS
45.4B USD 3.7 29.2 13 20
IE
Flutter Entertainment PLC
LSE:FLTR
29.2B GBP 1.9 -131.9 19.4 65.2
AU
Aristocrat Leisure Ltd
ASX:ALL
36B AUD 5.7 23 19.6 19.6
HK
Galaxy Entertainment Group Ltd
HKEX:27
169.6B HKD 3.8 17.6 17.5 17.5
MO
Sands China Ltd
HKEX:1928
166.1B HKD 3 23.3 20.5 20.5
US
DraftKings Inc
NASDAQ:DKNG
17B USD 3.1 -63.6 -438.1 -55.9
SE
Evolution AB (publ)
STO:EVO
125.5B SEK 5.3 10.2 7.4 8.3
US
Wynn Resorts Ltd
NASDAQ:WYNN
13.3B USD 1.9 26.4 11.3 16.4
US
MGM Resorts International
NYSE:MGM
10.2B USD 0.6 153 6.2 10.5
ZA
Sun International Ltd
JSE:SUI
9.5B Zac 0 0 0 0
P/E Multiple
Earnings Growth PEG
NZ
Skycity Entertainment Group Ltd
NZX:SKC
Average P/E: 39.5
33.6
40%
0.8
US
Las Vegas Sands Corp
NYSE:LVS
29.2
18%
1.6
IE
Flutter Entertainment PLC
LSE:FLTR
Negative Multiple: -131.9
296%
N/A
AU
Aristocrat Leisure Ltd
ASX:ALL
23
13%
1.8
HK
Galaxy Entertainment Group Ltd
HKEX:27
17.6
14%
1.3
MO
Sands China Ltd
HKEX:1928
23.3
14%
1.7
US
DraftKings Inc
NASDAQ:DKNG
Negative Multiple: -63.6 N/A N/A
SE
Evolution AB (publ)
STO:EVO
10.2
1%
10.2
US
Wynn Resorts Ltd
NASDAQ:WYNN
26.4
11%
2.4
US
MGM Resorts International
NYSE:MGM
153
1%
153
ZA
S
Sun International Ltd
JSE:SUI
Not Available
-4%
N/A
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
NZ
Skycity Entertainment Group Ltd
NZX:SKC
Average EV/EBITDA: 14.3
14
27%
0.5
US
Las Vegas Sands Corp
NYSE:LVS
13
13%
1
IE
Flutter Entertainment PLC
LSE:FLTR
19.4
35%
0.6
AU
Aristocrat Leisure Ltd
ASX:ALL
19.6
16%
1.2
HK
Galaxy Entertainment Group Ltd
HKEX:27
17.5
13%
1.3
MO
Sands China Ltd
HKEX:1928
20.5
9%
2.3
US
DraftKings Inc
NASDAQ:DKNG
Negative Multiple: -438.1 N/A N/A
SE
Evolution AB (publ)
STO:EVO
7.4
2%
3.7
US
Wynn Resorts Ltd
NASDAQ:WYNN
11.3
9%
1.3
US
MGM Resorts International
NYSE:MGM
6.2
26%
0.2
ZA
S
Sun International Ltd
JSE:SUI
Not Available
4%
N/A