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Event Hospitality & Entertainment Ltd.
(Sydney:EVT)
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Rating:61Neutral
Price Target:
AU$14.00
â–²(11.38% Upside)
Action:Reiterated
Date:08/26/26
The score is driven primarily by mid-tier fundamentals: strong revenue recovery and solid cash generation are offset by volatile profitability and a leveraged balance sheet. Technically, the trend is positive, but momentum looks stretched (high RSI). Valuation is the main headwind due to a high P/E, only partly supported by the dividend yield.
Positive Factors
Revenue Recovery
The sharp FY2026 revenue acceleration, following growth in the prior two years, indicates a meaningful recovery in demand across EVT’s operating base. A stronger topline can improve utilization of hotels and venues, support operating leverage, and provide a durable platform for rebuilding profitability over coming periods.
Negative Factors
Elevated Leverage
EVT’s debt-heavy capital structure limits balance-sheet flexibility and leaves less room to absorb weaker trading conditions or fund growth internally. Elevated leverage also makes sustained earnings recovery more important, because financial obligations can constrain capital allocation over the next several quarters.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Recovery
The sharp FY2026 revenue acceleration, following growth in the prior two years, indicates a meaningful recovery in demand across EVT’s operating base. A stronger topline can improve utilization of hotels and venues, support operating leverage, and provide a durable platform for rebuilding profitability over coming periods.
Read all positive factors
Event Hospitality & Entertainment Ltd. (EVT) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$2.36B
Dividend Yield2.83%
Average Volume (3M)326.35K
Price to Earnings (P/E)46.4
Beta (1Y)1.12
Revenue Growth6.99%
EPS Growth51.92%
CountryAU
Employees10,000
SectorCommunication Services
Sector Strength97
IndustryEntertainment
Share Statistics
EPS (TTM)0.31
Shares Outstanding162,919,070
10 Day Avg. Volume103,987
30 Day Avg. Volume326,350
Financial Highlights & Ratios
PEG Ratio0.76
Price to Book (P/B)2.27
Price to Sales (P/S)1.60
P/FCF Ratio17.29
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
AU$16.28Price Target Upside29.54% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering3
EPS Forecast (FY)0.37
Revenue Forecast (FY)AU$1.35B
Event Hospitality & Entertainment Ltd. Business Overview & Revenue Model
Company Description
EVT Limited, an Australian enterprise with its headquarters in Sydney, has been a significant player in the entertainment, hospitality, and leisure industries since its founding in 1910. The company, which rebranded from Event Hospitality & Entert...
How the Company Makes Money
EVT makes money primarily by earning revenue from two core operating segments: (1) Hotels and (2) Entertainment. In its Hotels business, revenue is generated from room sales (nightly accommodation rates), ancillary guest spending (food and beverag...
Event Hospitality & Entertainment Ltd. Financial Statement Overview
Summary
Income Statement
63
Positive
Balance Sheet
54
Neutral
Cash Flow
68
Positive
| Breakdown | Jun 2026 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 1.31B | 1.23B | 1.22B | 1.17B | 857.45M |
| Gross Profit | 419.57M | 940.41M | 933.29M | 896.61M | 641.46M |
| EBITDA | 298.68M | 273.05M | 289.69M | 384.33M | 280.76M |
| Net Income | 50.74M | 33.39M | 4.82M | 106.53M | 53.32M |
Balance Sheet | |||||
| Total Assets | 2.97B | 2.59B | 2.91B | 3.01B | 2.90B |
| Cash, Cash Equivalents and Short-Term Investments | 64.92M | 76.67M | 106.42M | 207.00M | 175.16M |
| Total Debt | 1.39B | 1.32B | 1.32B | 1.40B | 1.33B |
| Total Liabilities | 2.05B | 1.64B | 1.95B | 2.00B | 1.98B |
| Stockholders Equity | 920.48M | 950.36M | 964.14M | 1.01B | 920.77M |
Cash Flow | |||||
| Free Cash Flow | 121.07M | 145.93M | 127.64M | 27.16M | 176.40M |
| Operating Cash Flow | 251.93M | 230.97M | 222.98M | 230.85M | 275.88M |
| Investing Cash Flow | -258.27M | -72.01M | -94.65M | -132.82M | -6.37M |
| Financing Cash Flow | -1.90M | -193.21M | -228.53M | -77.21M | -212.13M |
Event Hospitality & Entertainment Ltd. Technical Analysis
Positive
12.57
Price Trends
14.05
Positive
13.20
Positive
12.78
Positive
Market Momentum
0.18
Negative
62.44
Neutral
81.34
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:EVT, the sentiment is Positive. The current price of 12.57 is below the 20-day moving average (MA) of 13.92, below the 50-day MA of 14.05, and below the 200-day MA of 12.78, indicating a bullish trend. The MACD of 0.18 indicates Negative momentum. The RSI at 62.44 is Neutral, neither overbought nor oversold. The STOCH value of 81.34 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:EVT.
Event Hospitality & Entertainment Ltd. Peers Comparison
UnderperformOutperform
Sector (60)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
68 Neutral | AU$23.49B | 31.63 | 6.62% | 0.60% | -3.31% | 21.09% | |
67 Neutral | AU$143.63M | 14.56 | 17.45% | 1.35% | 29.11% | 30.93% | |
64 Neutral | AU$876.83M | 33.30 | 3.76% | 3.60% | 1.84% | 38.50% | |
61 Neutral | AU$2.36B | 46.43 | 5.44% | 2.83% | 6.99% | 51.92% | |
60 Neutral | $48.67B | 4.58 | -11.27% | 4.14% | 2.83% | -41.78% | |
52 Neutral | AU$1.04B | -2.41 | -29.93% | 11.45% | -18.21% | -430.03% | |
47 Neutral | AU$23.64M | -0.65 | -62.13% | ― | 9.66% | -146.19% |
* Communication Services Sector Average
AU:EVT
Event Hospitality & Entertainment Ltd.
14.25
1.57
12.43%
AU:SWP
Swoop Holdings Limited
0.07
-0.09
-55.76%
AU:NEC
Nine Entertainment Co. Holdings Limited
0.62
-0.50
-44.54%
AU:OML
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1.67
0.35
26.23%
AU:BBL
Brisbane Broncos Limited
1.48
0.14
10.82%
AU:NWS
News Corporation Shs B Chess Depository Interests repr 1 Sh
46.51
1.06
2.33%
Event Hospitality & Entertainment Ltd. Corporate Events
EVT Sets 2026 AGM to Vote on Governance Moves and CEO Incentives
Sep 21, 2026
EVT Limited has called its Annual General Meeting for 23 October 2026, to be held both at Event Cinemas in Sydney and online, allowing shareholders and proxyholders to watch proceedings, vote, and ask questions in real time. The agenda includes re...
EVT Limited Highlights Indigenous Acknowledgement in Annual Report
Sep 21, 2026
EVT Limited’s annual report opens with an Acknowledgement of Country, recognising the Traditional Owners and Custodians of the lands and waters where it operates. The company pays respect to Aboriginal and Torres Strait Islander peoples and ...
EVT Limited Reports Lapse of 328,918 Performance Rights
Sep 3, 2026
EVT Limited has notified the market of the cessation of a tranche of performance rights, with 328,918 EVTAW securities lapsing after their conditions were not met or became incapable of being satisfied. The lapse of these conditional rights reduce...
EVT Director Jane Hastings Sees Performance Rights Partially Vest
Sep 3, 2026
EVT Limited has disclosed a change in the interests of director Jane Megan Hastings, following the partial vesting of her performance rights under the company’s Performance Rights Plan. As a result of the vesting on 2 September 2026, Hasting...
EVT Limited Expands Share Base With Conversion of Unquoted Securities
Sep 3, 2026
EVT Limited has notified the market of the issue of 396,638 new ordinary fully paid shares following the conversion or exercise of previously unquoted options or other convertible securities. The new securities, issued on 2 September 2026, increas...
EVT Limited Reports Lapse of Performance Rights After Unmet Conditions
Sep 3, 2026
EVT Limited has announced the lapse of 15,061 performance rights, identified under the ASX security code EVTAW, because the conditions attached to these rights were not met or could no longer be satisfied as of 1 September 2026. The cessation of t...
EVT Limited Issues New Shares on Conversion of Unquoted Securities
Sep 3, 2026
EVT Limited has notified the market of the issue of 2,324 ordinary fully paid shares following the exercise or conversion of previously unquoted options or other convertible securities. The new shares, issued on 18 August 2026, marginally increase...
EVT Issues New Shares Following Conversion of Unquoted Securities
Sep 1, 2026
EVT Limited has notified the market of the issue of 58,759 new ordinary fully paid shares following the conversion of previously unquoted securities. The shares were issued on 31 August 2026, modestly increasing the company’s equity base and...
EVT Limited Files Updated Corporate Governance Statement and Appendix 4G
Aug 24, 2026
EVT Limited has lodged its corporate governance statement for the year ended 30 June 2026 with the ASX, confirming the document is current as of 24 August 2026 and available on its investor website. The statement details the extent to which EVT co...
Event Hospitality & Entertainment Schedules FY 2026 Results Briefing
Aug 23, 2026
Event Hospitality Entertainment Ltd. has released its results presentation for the year ended 30 June 2026 and scheduled a detailed briefing for investors and analysts. Stakeholders can access the overview of the company’s annual performanc...
EVT Limited Announces AUD 0.23 Dividend for FY2026
Aug 23, 2026
EVT Limited has declared a dividend of AUD 0.23 per ordinary fully paid share, relating to the twelve‑month period ended 30 June 2026. The ex‑dividend date is set for 9 September 2026, with a record date of 10 September 2026 and paymen...
EVT Limited Delivers Strong Earnings Growth in FY2026
Aug 23, 2026
EVT Limited reported revenue and other income of A$1.32 billion for FY2026, up 5.2% from the previous year, alongside a 4.8% rise in reported EBITDA to A$306.6 million.Profit after tax attributable to shareholders jumped 51.9% to A$50.7 million, w...
EVT maps out FY26 results, dividend timeline and AGM dates
Aug 3, 2026
EVT Limited has outlined its key financial reporting and governance dates for the year ending 30 June 2026, including the release of FY26 results on 24 August 2026 and an investor presentation the same day. The timetable also flags indicative divi...
EVT Limited Reports Lapse of 21,292 Performance Rights
Jun 24, 2026
EVT Limited has reported the cessation of 21,292 performance rights, identified under the ASX security code EVTAW, following the lapse of conditional rights to securities. The lapse occurred because the specified performance or vesting conditions ...
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.