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The Star Entertainment Group Ltd (SGR) Fair Value & Analysis

Consumer Cyclical · AU · Market cap A$657M

TS The Star Entertainment Group Ltd SGR · AU
PriceA$0.1400
Fair ValueA$0.3570
Upside+155.0%
Quality25/100
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Weak Growth
Loss-making · -17.7% net margin
Moderate debt · negative free cash flow
Trails peers (4/11)
Narrow moat 6/100
Evidence: Medium Range A$0.2989 – A$0.4151 Share as image

Fair value as of: Aug 13, 2026

From 8 valuation models · updated 4 days ago

Share price +27.3% over the past month.

Below-average quality, screening 155% undervalued on our models.

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What matters now

  • The large discount to fair value meets weak quality (25/100). That raises the risk this is a value trap rather than a bargain.
  • The price is below even our cautious bear case (A$0.2989). The market is more pessimistic than our downside scenario.
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Price vs Fair Value (5 years)

A$4.58 A$0.0820 Fair Value A$0.3570 May 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

60‑month range A$0.0820 – A$4.58 · fair‑value band A$0.2989 – A$0.4151 · the A$0.1400 price screens below the A$0.3570 fair value. Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

The Star Entertainment Group Ltd (SGR) currently trades at A$0.1400, while our model-based Fair Value estimate is A$0.3570, implying the stock looks roughly 155.0% undervalued today. The Quality Score stands at 25/100 (below-average quality), in the Consumer Cyclical sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: medium), always confirm before acting.

Over the trailing twelve months, The Star Entertainment Group Ltd generated revenue of A$1.3B at a net margin of -17.7%. Revenue declined 4.1% year over year. It earns a return on equity of -42.5%. Net debt stands at A$331M. Fundamentals as of Aug 13, 2026

Our scenario range runs from A$0.2989 (bear case) to A$0.4151 (bull case); at A$0.1400, the current price sits below that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 28% below its 52-week high and 75% above its 52-week low, currently above its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at 8% fair-value upside, at 155%, SGR screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
ROIC Compounder A$0.3400 A$0.4000 A$0.4500 72
Gordon GGM A$0.1700 A$0.1800 A$0.2000 70
DDM Multi-Stage A$0.1700 A$0.2000 A$0.2500 61
All 8 models by family
Earnings-Based
EPV A$0.3400 A$0.3900 A$0.4300 59
Dividend Discount
Gordon GGM A$0.1700 A$0.1800 A$0.2000 70
DDM Multi-Stage A$0.1700 A$0.2000 A$0.2500 61
Multiples
EV/EBIT A$0.6700 A$0.9100 A$1.15 53
EV/EBITDA A$0.6600 A$0.9000 A$1.14 54
EV/Revenue A$0.1300 A$0.2000 A$0.2700 43
Asset-Based
NCAV (Graham) A$0.0300 A$0.0400 A$0.0600 50
Economic Profit
ROIC Compounder A$0.3400 A$0.4000 A$0.4500 72

Widest divergence: Multiples (A$0.9000) versus Asset-Based (A$0.0400). Highest evidence: ROIC Compounder (72).

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Key figures & financial health

Revenue (TTM) A$1.3B
Revenue growth (YoY) -4.1%
Net margin -17.7%
Return on equity -42.5%
Free cash flow −A$213M FY2025
Operating margin -7.1%
More key figures
EPS (TTM) A$-0.0800
EPS growth (YoY) -34.9%
Net debt A$331M FY2025

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 25/100

Of which business quality 26 · Market factors (momentum, volatility) 50

Profitability 19
Margins and returns on capital today
Quality Growth 40
Are margins and returns improving?
Cashflow 0
Earnings quality: real cash, not paper profit
Fin. Strength 29
Balance sheet, leverage, solvency risk
Investment 94
Disciplined investing over empire-building
Low Volatility 42
Calm price path (market factor)
Momentum 51
Price trend over the last 3–12 months (market factor)
52W Momentum 58
Distance to the 52-week high (market factor)
Net Issuance 0
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

The Star Entertainment Group Limited operates and manages integrated resorts in Australia. It operates through three segments: Sydney, Gold Coast, Treasury Brisbane, and The Star Brisbane. The company owns and operates The Star Sydney and The Star Gold Coast, which include hotels, restaurants, bars, theatres, and other entertainment facilities.

Full company description

The Star Entertainment Group Limited operates and manages integrated resorts in Australia. It operates through three segments: Sydney, Gold Coast, Treasury Brisbane, and The Star Brisbane. The company owns and operates The Star Sydney and The Star Gold Coast, which include hotels, restaurants, bars, theatres, and other entertainment facilities. It also manages the Gold Coast Convention and Exhibition Centre, as well as operates the Star Grand hotel. The company was formerly known as Echo Entertainment Group Limited and changed its name to The Star Entertainment Group Limited in November 2015. The Star Entertainment Group Limited was incorporated in 2011 and is based in Brisbane, Australia.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

The Star Entertainment Group Ltd reported revenue of A$1.4B in FY2025 versus A$1.5B in FY2021, a compound −3.1%/yr. Reported net income was −A$472M in FY2025.

Growth Quality 1/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
A$1.4B
Latest YoY
−18.2%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
−3.7%
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
−1.7%
Avg. growth/yr (15Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
−0.4%
Revenue −3.1%/yr
FY21 A$1.5B
FY22 A$1.5B
FY23 A$1.9B
FY24 A$1.7B
FY25 A$1.4B
Net income
FY21 A$57.9M
FY22 −A$203M
FY23 −A$2.4B
FY24 −A$1.7B
FY25 −A$472M

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Cite: Fair Value Calculator (2026). "The Star Entertainment Group Ltd Fair Value". https://www.fairvalue-calculator.com/stock/SGR

Peer Group

Resorts & Casinos · 76 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 25 · Bottom 25%
Fair Value upside +155% · Top 25%
Return on assets -5% · Bottom 25%
Net margin (TTM) -18% · Bottom 25%
Operating margin (TTM) -7% · Bottom 25%
Revenue growth -4% · Bottom 25%
Dividend yield (TTM) 22.7% · Top 25%
Debt / equity 1.42× · Higher than median

Valuation Multiples vs Resorts & Casinos median · lower = cheaper

P/B 1.16× · Cheaper than median
P/S (TTM) 0.35× · Cheaper than median

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 100 · sector 30
FUTURE 0 · sector 30
PAST 0 · sector 19
HEALTH 29 · sector 83
DIVIDEND 100 · sector 53

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

Gambling

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Resorts & Casinos stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
Las Vegas Sands Corp LVS $45.68 $51.60 +13%
Galaxy Entertainment Group 0027 HK$34.20 HK$40.46 +18%
Sands China Ltd 1928 HK$14.34 HK$2.05 -86%
MGM Resorts International, through its subsidiaries, MGM $43.98 $17.73 -60%
Wynn Resorts, Limited WYNN $102.97 $69.39 -33%
Red Rock Resorts, Inc RRR $63.09 $18.01 -71%
Boyd Gaming Corporation BYD $82.98 $151.24 +82%
Caesars Entertainment, Inc CZR $29.74 $80.92 +172%
Genting Singapore Limited G13 0.6400 SGD 0.6900 SGD +8%
Vail Resorts, Inc MTN $148.36 $132.94 -10%

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Frequently asked questions

Is The Star Entertainment Group Ltd (SGR) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of A$0.3570 versus a price of A$0.1400, about +155% (undervalued).
What is the fair value of SGR?
Our model-based fair value for The Star Entertainment Group Ltd is A$0.3570 (as of Aug 13, 2026), built from audited fundamentals. The current price is A$0.1400.
What is the quality score of SGR?
The Star Entertainment Group Ltd has a Quality Score of 25/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of The Star Entertainment Group Ltd (SGR)?
The Star Entertainment Group Ltd reported trailing-twelve-month revenue of about A$1.3B (latest available figure, as of Aug 13, 2026).
What is the net profit margin of SGR?
The net profit margin of The Star Entertainment Group Ltd is about -17.7%, meaning it is currently running at a net loss. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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