We’re reader-supported and may be paid when you visit links to partner sites. We don’t compare all products in the market, but we’re working on it!
Reef Casino Trust is a resorts & casinos business based in Australia. Reef Casino Trust shares (RCT) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian dollars. Reef Casino Trust has a trailing 12-month revenue of around $26.9 million. If you're looking to buy shares, check out the steps below.
How to buy shares in Reef Casino Trust
- Compare share trading platforms. To buy shares listed in Australia, you'll need to sign up to a broker with access to the ASX. Our table can help you choose.
- Open and fund your brokerage account. Complete an application with your personal and financial details, such as your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
- Search for Reef Casino Trust. Find the share by name or ticker symbol: RCT. Research its history to confirm it's a solid investment against your financial goals.
- Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Reef Casino Trust reaches your desired price. Look into dollar-cost averaging to spread out your risk, which smooths out buying at consistent intervals and amounts.
- 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.
- Check on your investment. Congratulations, you own a part of Reef Casino Trust. 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.
Our top pick for
US stocks

Our top pick for
Overall broker

Our top pick for
Low-cost broker

What's in this guide?
- Reef Casino Trust key stats
- Compare share trading platforms
- Is Reef Casino Trust stock a buy or sell?
- Reef Casino Trust performance over time
- Are Reef Casino Trust shares over-valued?
- Reef Casino Trust's financials
- How volatile are Reef Casino Trust shares?
- Does Reef Casino Trust pay a dividend?
- Have Reef Casino Trust shares ever split?
- Other common questions
Reef Casino Trust stock price (ASX:RCT)
Use our graph to track the performance of RCT stocks over time.Reef Casino Trust shares at a glance
52-week range | $2.0627 - $3.1644 |
---|---|
50-day moving average | $3.0201 |
200-day moving average | $2.9197 |
Target price | $4.35 |
PE ratio | 10.1351 |
Dividend yield | $0.296 (9.71%) |
Earnings per share (TTM) | $0.296 |
Compare share trading platforms
Is it a good time to buy Reef Casino Trust 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.
Reef Casino Trust price performance over time
Historical closes compared with the last close of A$2.95
1 week (2022-06-27) | -1.67% |
---|---|
1 month (2022-06-03) | -3.28% |
3 months (2022-04-04) | -6.05% |
6 months (2022-01-04) | -5.45% |
1 year (2021-07-02) | 22.41% |
---|---|
2 years (2020-07-03) | 43.20% |
3 years (2019-07-04) | 18.00% |
5 years (2017-07-04) | -1.99% |
Is Reef Casino Trust under- or over-valued?
Valuing Reef Casino Trust stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Reef Casino Trust's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Reef Casino Trust's P/E ratio
Reef Casino Trust's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 10x. In other words, Reef Casino Trust shares trade at around 10x recent earnings.
That's relatively low compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Reef Casino Trust's EBITDA
Reef Casino Trust's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $18.8 million (£0.0 million).
The EBITDA is a measure of a Reef Casino Trust's overall financial performance and is widely used to measure a its profitability.
Reef Casino Trust financials
Revenue TTM | $26.9 million |
---|---|
Operating margin TTM | 55.14% |
Gross profit TTM | $24.4 million |
Return on assets TTM | 9.05% |
Return on equity TTM | 68.05% |
Profit margin | 27.39% |
Book value | 0.515 |
Market capitalisation | $149.4 million |
TTM: trailing 12 months
Reef Casino Trust share dividends
Dividend payout ratio: 102.14% of net profits
Recently Reef Casino Trust has paid out, on average, around 102.14% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 9.71% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Reef Casino Trust shareholders could enjoy a 9.71% return on their shares, in the form of dividend payments. In Reef Casino Trust's case, that would currently equate to about A$0.296 per share.
Reef Casino Trust'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 29 June 2022 (the "ex-dividend date").
Have Reef Casino Trust's shares ever split?
Reef Casino Trust's shares were split on a 1:20 basis on 5 September 2001. So if you had owned 20 shares the day before the split, the next day you would own 1 share. This wouldn't directly have changed the overall worth of your Reef Casino Trust shares – just the quantity. However, indirectly, the new 1900% higher share price could have impacted the market appetite for Reef Casino Trust shares which in turn could have impacted Reef Casino Trust's share price.
Reef Casino Trust share price volatility
Over the last 12 months, Reef Casino Trust's shares have ranged in value from as little as $2.0627 up to $3.1644. A popular way to gauge a stock's volatility is its "beta".
Beta measures a share's volatility in relation to the market. The market (AU average) beta is 1, while Reef Casino Trust's is 1.2428. This would suggest that Reef Casino Trust'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).
Reef Casino Trust overview
Reef Casino Trust owns and leases the Reef Hotel Casino complex located in Cairns, North Queensland, Australia. The company was founded in 1993 and is based in Brisbane, Australia. Reef Casino Trust is a subsidiary of Reef Casino Investments Pty Ltd.
Stocks similar to Reef Casino Trust
Reef Casino Trust in the news
Frequently asked questions
More guides on Finder
-
How to invest in the Australia Sunny Glass Group IPO
Everything we know about the Australia Sunny Glass Group IPO, plus information on how to buy in.
-
How to buy Kincora Copper (KCC) shares
Steps to owning and managing Kincora Copper shares.
-
How to invest in the Dragon Mountain Gold IPO
Everything we know about the Dragon Mountain Gold IPO, plus information on how to buy in.
-
How to buy Arcadia Minerals (AM7) shares
Steps to owning and managing Arcadia Minerals shares.
-
How to buy Nexgen Energy (NXG) shares
Steps to owning and managing Nexgen Energy shares.
-
How to buy Keypath Education (KED) shares
Steps to owning and managing Keypath Education shares.
-
What are green bonds and how do they impact the world?
If you want to directly fund climate solutions a green bond is a great place to start. Here is how they work.
-
5 best ways to invest money in Australia in 2022
What's the best way to invest money in Australia? Find out about robo advisors, index funds, cryptocurrency and more in this guide.
-
How to buy EBR Systems (EBR) shares
Steps to owning and managing EBR Systems shares.
-
How to buy 5E Advanced Materials (5EA) shares
Steps to owning and managing 5E Advanced Materials shares.
Ask an Expert