Skycity Entertainment Group Ltd (SKC) fair value: what the stock is really worth
As of Nov 9, 2026: fair value (intrinsic value) of Skycity Entertainment Group Ltd stock A$0.25, price A$0.57, that is 56.8% below the price, quality 30 out of 100. Rating: strongly overvalued. Calculated from audited financials with 8 of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 9, 2026.
How to read this chart
60‑month range A$0.3800 – A$2.98 · fair‑value band A$0.1870 – A$0.3145 · the A$0.5700 price screens above the A$0.2465 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 9, 2026.
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SkyCity Entertainment Group Limited, together with its subsidiaries, operates in the gaming, entertainment, hotel, convention, hospitality, and tourism sectors in New Zealand and Australia. It operates through Skycity Auckland, SkyCity Adelaide, Other NZ Operations, and Online segments.
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The company operates casinos, hotels, conventions, food and beverage, attractions, located in Auckland, Hamilton, Queenstown, and Adelaide. It also operates SkyCity Online Casino, an offshore online casino platform for New Zealand customers.
SkyCity Entertainment Group Limited was incorporated in 1994 and is headquartered in Auckland, New Zealand.
Stock analysis
Skycity Entertainment Group Ltd (SKC) currently trades at A$0.5700, while our model-based Fair Value estimate is A$0.2465, 57% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Economic Profit group reads highest at a median of A$0.7300 per share, and 3 of the 8 models we run sit above the A$0.5700 price.
Bear case: the Earnings-Based group reads lowest at A$0.1200, and 5 of the 8 models stay below the price. Data coverage for this calculation is low.
Scenario range: A$0.1870 (bear) to A$0.3145 (bull), the price of A$0.5700 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 30/100 (below-average quality), in the Consumer Cyclical sector.
Mixed Growth: Spin-off in 2008: revenue and profit before it include the divested business. Growth is measured afresh from 2008.
Skycity Entertainment Group Ltd reported revenue of 759M NZD in FY2026 versus 554M NZD in FY2022, a compound +8.2%/yr. Reported net income was 18.2M NZD in FY2026.
Key figures
Market cap A$628M (≈ $433M) Small · P/E ratio 28.5 · P/S ratio 0.53 · EPS (TTM) A$0.0200 · Net margin 2.2% · Return on equity 1.3% · Return on assets (EBIT) 7.2% (5-year average) · Operating margin 6.2%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 29 out of 100 (low confidence).
What moves the price
The share trades about 33% below its 52-week high and 50% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Consumer Cyclical peers we cover trades at 34% fair-value upside, at −57%, SKC screens richer than that median.
Fair Value models
BearA$0.1870Fair Value A$0.2465BullA$0.3145
Price A$0.5700 · Downside -56.8%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2026 figures (about 4 months old). Earnings retained since then (A$0.0072 per share) are deliberately not added.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. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Best data coverage
Residual IncomeA$0.7000A$0.7300A$0.770068
Graham-DoddA$0.0900A$0.1200A$0.140065
EV/EBITDAA$0.3800A$0.6600A$0.930065
All 8 models by family
Earnings-Based
Graham-DoddA$0.0900A$0.1200A$0.140065
Multiples
P/E MultipleA$0.2200A$0.2900A$0.370063
P/S MultipleA$0.1700A$0.2300A$0.280058
P/B MultipleA$1.11A$1.48A$1.8555
EV/EBITDAA$0.3800A$0.6600A$0.930065
Asset-Based
NCAV (Graham)A$0.3600A$0.4900A$0.730054
Economic Profit
Residual IncomeA$0.7000A$0.7300A$0.770068
Growth Earnings
Growth-Adj P/EA$0.1600A$0.2200A$0.290065
The fair value above starts from this blend and is adjusted for dilution from new shares.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.55/100
Spin-off in 2008: revenue and profit before it include the divested business. Growth is measured afresh from 2008.
Revenue growth 1 year
−7.9%
Revenue growth 3 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
−3.9%
Revenue growth 5 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+1.3%
Start year 2021 (pandemic). Over 10 years: −3.1% a year
Revenue growth 18 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
−1.6%
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What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate.
−43.2%
Earnings growth per share plus dividend.
Earnings per share, growth per year−43.2%
Dividend (yield on the price)0.0%
Per share before 2008divided by the spin-off factor 1.0274
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.−43.2% vs −23.7%, slowing
Profit margin 2021 to 2026 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.20% → 3%
Pace: the 5-year rate starts in 2021 (pandemic)
⚠ Revenue per share shrinking 4.6%/yr over ~10Y (margins eroding too) ⓘStructural-decline marker: revenue PER SHARE has fallen over the last decade (robust median trend, not a single year). Backtested across 2005 to 2017, such businesses trailed the market by about 2.5 percentage points per year. Display only: it does not change the fair value or the quality score.
Compare Skycity Entertainment Group Ltd with another stock
Price, fair value, quality and upside side by side.
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Peer Groupⓘ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.Resorts & Casinos · 62 stocks
Beats the industry median on 5/13 measures
Overall it trails its industry peers.
Valuation
Quality Score30 · Bottom 25%
Fair Value upside−56.8% · Bottom 25%
Profitability
Return on equity (12 months)1.3% · Below median
Return on assets0.7% · Below median
Net margin (12 months)2.2% · Below median
Operating margin (12 months)6.2% · Below median
Growth and dividend
Revenue growth (quarter YoY)0.7% · Below median
Balance sheet
Debt / equity0.25× · Below median
Valuation Multiplesvs Resorts & Casinos median · lower = cheaper
P/E (12 months)28.5× · Priciest 25%
P/B0.28× · Cheapest 25%
P/S (12 months)0.53× · Cheapest 25%
EV/EBITDA5.4× · Cheapest 25%
PEG0.14× · Cheapest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 50
FUTURE (revenue growth)4· sector 14
PAST (return on equity)5· sector 23
HEALTH (low debt)87· sector 86
DIVIDEND (yield)0· sector 64
VALUE 0: the price sits above our fair-value range.
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Skycity Entertainment Group Ltd Fair Value". https://www.fairvalue-calculator.com/stock/SKC
Frequently asked questions
Is Skycity Entertainment Group Ltd (SKC) overvalued or undervalued?
As of Nov 9, 2026, our model estimates a fair value of A$0.2465 versus a price of A$0.5700, about 57% lower (overvalued).
What is the fair value of SKC?
Our model-based fair value for Skycity Entertainment Group Ltd is A$0.2465 (as of Nov 9, 2026), built from audited fundamentals. The current price: A$0.5700.
What is the quality score of SKC?
Skycity Entertainment Group Ltd has a Quality Score of 30/100. 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 price target for Skycity Entertainment Group Ltd (SKC)?
Our model-based price target is the fair value of A$0.2465 (as of Nov 9, 2026) from 8 valuation models. Cautious scenario A$0.1870, optimistic scenario A$0.3145. It is a calculation from audited fundamentals, not an analyst target.
What is the Skycity Entertainment Group Ltd stock forecast for 2026?
Our models put fair value at A$0.2465, about 57% lower versus a price of A$0.5700 (overvalued). Cautious scenario A$0.1870, optimistic scenario A$0.3145. The calculation is refreshed regularly with new filings.
What is the revenue of Skycity Entertainment Group Ltd (SKC)?
Skycity Entertainment Group Ltd reported trailing-twelve-month revenue of about 817M NZD (latest available figure, as of Nov 9, 2026).
What is the intrinsic value of Skycity Entertainment Group Ltd (SKC)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Skycity Entertainment Group Ltd it is A$0.2465 per share (as of Nov 9, 2026), against a price of A$0.5700. It is the blended result of 8 valuation models in 5 families (Earnings-Based, Multiples, Asset-Based, Economic Profit, Growth Earnings).
Is Skycity Entertainment Group Ltd stock overvalued or undervalued in 2026?
As of Nov 9, 2026, SKC trades above its calculated fair value: price A$0.5700, fair value A$0.2465, a gap of about −57% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of SKC?
No. The price is what the market pays today (A$0.5700); the fair value is what the company's own numbers justify (A$0.2465). For Skycity Entertainment Group Ltd the two are A$0.3235 per share apart. That gap is exactly why we show both numbers side by side.
How much is Skycity Entertainment Group Ltd worth?
The market values Skycity Entertainment Group Ltd at about A$628M (market capitalisation, as of Nov 9, 2026). Per share that is A$0.5700; our models calculate a fair value of A$0.2465 per share.
What do the bullish and bearish scenarios say about SKC?
Our models span a range for Skycity Entertainment Group Ltd: cautious scenario A$0.1870, base A$0.2465, optimistic A$0.3145 per share (as of Nov 9, 2026, price A$0.5700). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of SKC?
Skycity Entertainment Group Ltd trades at a price-to-earnings ratio of 28.5 (as of Nov 9, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of A$0.2465 is built from several models across several years. Median P/E at fiscal year-end, 8 fiscal years (2017 to 2026), reported earnings: 20.3. Other multiples: PEG 0.1, P/B 0.3, P/S 0.5, EV/EBITDA 5.4.
What is the PEG ratio of SKC?
The PEG ratio of Skycity Entertainment Group Ltd is 0.14 (P/E divided by earnings growth, as of Nov 9, 2026). That is below 1, so growth is priced more cheaply than the earnings multiple alone suggests.
How solid is the balance sheet of Skycity Entertainment Group Ltd (SKC)?
Balance-sheet figures for Skycity Entertainment Group Ltd (as of Nov 9, 2026): return on equity 1.3%, debt of 0.25 per unit of equity. They feed the Quality Score of 30/100, which measures business quality independently of the share price.
How far is SKC from its 52-week high?
Skycity Entertainment Group Ltd trades at A$0.5700, about 33% below its 52-week high of A$0.8500 and 50% above the low of A$0.3800 (as of Nov 9, 2026). Distance from the high says nothing about value: that is what the fair value of A$0.2465 is for.
Which stocks are comparable to Skycity Entertainment Group Ltd?
From the same area (Consumer Cyclical) we also value Las Vegas Sands Corp, Galaxy Entertainment Group, Sands China Ltd, Wynn Resorts, Limited, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Skycity Entertainment Group Ltd stock attractive at the current price?
The data as of Nov 9, 2026: price A$0.5700, calculated fair value A$0.2465 (−57%), Quality Score 30/100, from 8 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of SKC calculated?
We run Skycity Entertainment Group Ltd through 8 models from 5 families: Earnings-Based, Multiples, Asset-Based, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of A$0.2465 builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.3% above its aggregate fair value. Skycity Entertainment Group Ltd itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Skycity Entertainment Group Ltd (SKC)?
The closing price on Nov 9, 2026 was A$0.5700. Our model-based fair value is A$0.2465, about 57% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Skycity Entertainment Group Ltd right now?
The price sits above even our optimistic bull case (A$0.3145). The favourable scenario is already priced in. Weak quality (30/100) and above fair value at the same time, the margin of safety is missing on both counts. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
Where does the earnings growth of Skycity Entertainment Group Ltd (SKC) come from?
Earnings per share at Skycity Entertainment Group Ltd grew −18.8 % a year from 2015 to 2026. Broken into its drivers: revenue per share −6.7 %, EBIT margin +1.4 %, tax rate +2.2 %, residual (interest, one-offs) −16.0 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of Skycity Entertainment Group Ltd
How large is the market capitalisation of Skycity Entertainment Group Ltd (SKC)?
The market capitalisation of Skycity Entertainment Group Ltd is A$628M (≈ $433M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Skycity Entertainment Group Ltd (SKC)?
The price-to-sales ratio of Skycity Entertainment Group Ltd is 0.53 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Skycity Entertainment Group Ltd (SKC)?
Earnings per share at Skycity Entertainment Group Ltd are A$0.0200 (price ÷ EPS = P/E 28.5). Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of Skycity Entertainment Group Ltd (SKC)?
The net margin of Skycity Entertainment Group Ltd is 2.2% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Skycity Entertainment Group Ltd (SKC)?
The return on equity (ROE) of Skycity Entertainment Group Ltd is 1.3% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Skycity Entertainment Group Ltd (SKC)?
On an EBIT basis the return on assets of Skycity Entertainment Group Ltd is 7.2% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Skycity Entertainment Group Ltd (SKC)?
The operating margin of Skycity Entertainment Group Ltd is 6.2% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Skycity Entertainment Group Ltd (SKC)?
Revenue at Skycity Entertainment Group Ltd is growing +0.7% versus a year earlier (3y avg −3.9%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Skycity Entertainment Group Ltd (SKC)?
Earnings per share at Skycity Entertainment Group Ltd are growing −81.7% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Skycity Entertainment Group Ltd (SKC) generate?
The free cash flow of Skycity Entertainment Group Ltd is −11.4M NZD (fiscal year 2026). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does Skycity Entertainment Group Ltd (SKC) carry?
The net debt of Skycity Entertainment Group Ltd is 604M NZD (fiscal year 2026). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Thin data
Nov 9, 2026