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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.
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| 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 |
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.
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% |
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 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 (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.
| 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
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").
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.
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 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.
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