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How to buy Event Hospitality & Entertainment (EVT) shares in Australia

Learn how to easily invest in Event Hospitality & Entertainment shares.

Event Hospitality & Entertainment is an entertainment business based in Australia. Event Hospitality & Entertainment shares (EVT) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian dollars. Event Hospitality & Entertainment has a trailing 12-month revenue of around $1.2 billion. If you're looking to buy shares, check out the steps below.

How to buy shares in Event Hospitality & Entertainment

To buy shares listed in Australia such as Event Hospitality & Entertainment , you'll need to sign up to a broker with access to the ASX. Our table can help you compare share trading platforms and choose or you can see our list of the best share trading platforms in Australia. Then follow these steps.

  1. Open and fund your brokerage account.
    Complete an application with your personal and financial details, including your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
  2. Search for Event Hospitality & Entertainment .
    Find the share by name or ticker symbol: EVT. Research its history to confirm it's a solid investment against your financial goals.
  3. Purchase now or later.
    Buy today with a market order or use a limit order to delay your purchase until Event Hospitality & Entertainment reaches your desired price. Look into dollar-cost averaging to spread out your risk, which smooths out buying at consistent intervals and amounts.
  4. Decide on how many to buy.
    At today's price, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
  5. Check on your investment.
    Congratulations, you own a part of Event Hospitality & Entertainment . Optimise your portfolio by tracking how your stock and the business performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that affect your stock.

Event Hospitality & Entertainment stock price (ASX:EVT)

Use our graph to track the performance of EVT stocks over time.

Event Hospitality & Entertainment shares at a glance

Information last updated 2024-08-30.
52-week range$9.8801 - $12.7156
50-day moving average $11.142
200-day moving average $11.7043
Target price$13.22
PE ratio 360.6667
Dividend yield $0.34 (3.14%)
Earnings per share (TTM) $0.03

Where to buy Event Hospitality & Entertainment shares

The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.
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Is it a good time to buy Event Hospitality & Entertainment stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. However, this is not a recommendation. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Event Hospitality & Entertainment price performance over time

Historical closes compared with the last close of A$10.1

1 week (2024-08-30) -6.65%
1 month (2024-08-07) -7.68%
3 months (2024-06-07) -15.83%
6 months (2024-03-07) -17.01%
1 year (2023-09-07) -14.12%
2 years (2022-09-07) -28.62%
3 years (2021-09-07) -30.92%
5 years (2019-09-06) -19.20%

Is Event Hospitality & Entertainment under- or over-valued?

Valuing Event Hospitality & Entertainment stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Event Hospitality & Entertainment 's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Event Hospitality & Entertainment 's P/E ratio

Event Hospitality & Entertainment 's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 361x. In other words, Event Hospitality & Entertainment shares trade at around 361x recent earnings.

That's relatively high compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

Event Hospitality & Entertainment 's EBITDA

Event Hospitality & Entertainment 's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $171.8 million (£0.0 million).

The EBITDA is a measure of a Event Hospitality & Entertainment 's overall financial performance and is widely used to measure stock profitability.

Event Hospitality & Entertainment financials

Revenue TTM $1.2 billion
Operating margin TTM 4.77%
Gross profit TTM $896.6 million
Return on assets TTM 2.17%
Return on equity TTM 0.49%
Profit margin 0.4%
Book value 5.941
Market capitalisation $1.8 billion

TTM: trailing 12 months

Event Hospitality & Entertainment share dividends

Dividend payout ratio: 1172.41% of net profits

Recently Event Hospitality & Entertainment has paid out, on average, around 1172.41% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 3.14% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Event Hospitality & Entertainment shareholders could enjoy a 3.14% return on their shares, in the form of dividend payments. In Event Hospitality & Entertainment 's case, that would currently equate to about A$0.34 per share.

Event Hospitality & Entertainment 's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

The latest dividend was paid out to all shareholders who bought their shares by 10 September 2024 (the "ex-dividend date").

Have Event Hospitality & Entertainment 's shares ever split?

Event Hospitality & Entertainment 's shares were split on a 1.0589:1 basis on 5 November 2009. So if you had owned 1 share the day before the split, the next day you would own 1.0589 shares. This wouldn't directly have changed the overall worth of your Event Hospitality & Entertainment shares – just the quantity. However, indirectly, the new 5.6% lower share price could have impacted the market appetite for Event Hospitality & Entertainment shares which in turn could have impacted Event Hospitality & Entertainment 's share price.

Event Hospitality & Entertainment share price volatility

Over the last 12 months, Event Hospitality & Entertainment 's shares have ranged in value from as little as $9.8801 up to $12.7156. A popular way to gauge a stock's volatility is its "beta".

EVT.AU volatility(beta: 1.13)Avg. volatility(beta: 1.00)LowHigh

Beta measures a share's volatility in relation to the market. The market (AU average) beta is 1, while Event Hospitality & Entertainment 's is 1.133. This would suggest that Event Hospitality & Entertainment 's shares are a little bit more volatile than the average for this exchange and represent, relatively speaking, a slightly higher risk (but potentially also market-beating returns).

Event Hospitality & Entertainment overview

EVT Limited engages in the entertainment business in Australia, New Zealand, Singapore, and Germany. The company operates through Entertainment, Hotels and Resorts, Thredbo Alpine Resort, and Property and Other Investments segments. It is involved in the cinema and outdoor cinema operations under the Event Cinemas, BCC Cinemas, Rialto Cinemas, Embassy Theatre, CineStar, Moonlight Cinema, and Skyline Drive In names; operation of spas and golf courses under the SpaQ, Ubika Spa, Thredbo, and Rydges names; and bar, restaurant, and theatre operations. The company also owns, operates, and manages hotels and resorts under the QT, Rydges, Atura, LyLo, and Thredbo Alpine names. In addition, it engages in the property investment and development activities; property rental activities; and hotel management, and media and entertainment technology businesses. The company was formerly known as Event Hospitality & Entertainment Limited and changed its name to EVT Limited in October 2022. The company was founded in 1910 and is headquartered in Sydney, Australia.

Frequently asked questions

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs comes with a higher risk of losing money rapidly due to leverage. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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