How to buy Skycity Entertainment (SKC) shares

Learn how to easily invest in Skycity Entertainment shares.

SkyCity Entertainment Group Limited
AU: SKC - AUD
RESORTS & CASINOS
A$3.01
+ A$0.01 ( + 0.33%)

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SkyCity Entertainment Group Limited is a resorts & casinos business based in Australia. Skycity Entertainment shares (SKC) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian Dollars. Skycity Entertainment has a trailing 12-month revenue of around $715.4 million. If you're looking to buy shares, check out the steps below.

How to buy shares in Skycity Entertainment

  1. Compare share trading platforms. To buy shares listed in Australia, you'll need to sign up to a broker with access to the Australian Securities Exchange (ASX). Our table below can help you choose.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
  3. Search for Skycity Entertainment. Find the share by name or ticker symbol: SKC. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Skycity Entertainment reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. 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.
  6. Check in on your investment. Congratulations, you own a part of Skycity Entertainment. Optimise your portfolio by tracking how your stock — and even 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 can affect your stock.

Skycity Entertainment stock price (ASX:SKC)

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

Skycity Entertainment shares at a glance

Information last updated 2021-10-24.
52-week range$2.4476 - $3.3678
50-day moving average $3.096
200-day moving average $3.1575
Target price$3.32
PE ratio 15.2284
Dividend yield $0.07 (2.31%)
Earnings per share (TTM) $0.197

Compare share trading platforms

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.
Name Product Standard brokerage fee Inactivity fee Markets
IG Share Trading
AUD $8 or 0.1%
$50 per quarter if you make fewer than three trades in that period
ASX shares, Global shares
$0 brokerage for US and global shares plus get an active trader discount of $5 commission on Australian shares.
Enjoy some of the lowest brokerage fees on the market when trading Australian shares, international shares, plus get access to 24-hour customer support.
Superhero share trading
AUD $5
No
ASX shares, US shares
Australia’s lowest-cost broker for ASX shares and ETFs.
Pay zero brokerage on US stocks and all ETFs and just $5 (flat fee) to trade Australian shares from your mobile or desktop.
ThinkMarkets Share Trading
AUD $8
No
ASX shares
Limited-time offer: Get 10 free ASX trades ($0 brokerage) when you open a share trading account with ThinkMarkets before 31 December 2021(T&Cs apply). $8 flat fee brokerage for CHESS Sponsored ASX stocks (HIN ownership), plus free live stock price data on an easy to use mobile app.
Bell Direct Share Trading
AUD $15
No
ASX shares, mFunds, ETFs
Finder Exclusive: Get 5 free stock trades and unlimited ETF trades until 31 Dec 2021, when you join Bell Direct. T&Cs apply.
Bell Direct offers a one-second placement guarantee on market-to-limit ASX orders or your trade is free, plus enjoy extensive free research reports from top financial experts.
SelfWealth (Basic account)
AUD $9.5
No
ASX shares, US shares
Trade ASX and US shares for a flat fee of $9.50, regardless of the trade size.
New customers receive free access to Community Insights with SelfWealth Premium for the first 90 days. Follow other investors and benchmark your portfolio performance.
Saxo Capital Markets (Classic account)
AUD $5
No
ASX shares, Global shares, Forex, CFDs, Margin trading, Options trading, ETFs
Access 19,000+ stocks on 40+ exchanges worldwide
Low fees for Australian and global share trading, no inactivity fees, low currency conversion fee and optimised for mobile.
CMC Markets Invest
AUD $11 or 0.1%
No
ASX shares, Global shares, mFunds, ETFs
$0 brokerage on global shares including US, UK and Japan markets.
Trade up to 9,000 products, including shares, ETFs and managed funds, plus access up to 15 major global and Australian stock exchanges.
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Compare up to 4 providers

Is it a good time to buy Skycity Entertainment stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. 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.

Skycity Entertainment price performance over time

Historical closes compared with the last close of A$3

1 week (2021-10-18) 3
1 month (2021-09-24) -3.23%
3 months (2021-07-23) -1.96%
6 months (2021-04-23) -4.76%
1 year (2020-10-23) 6.76%
2 years (2019-10-25) -17.58%
3 years (2018-10-25) -12.54%
5 years (2016-10-25) -17.81%

Is Skycity Entertainment under- or over-valued?

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

Skycity Entertainment's P/E ratio

Skycity 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 15x. In other words, Skycity Entertainment shares trade at around 15x 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.

Skycity Entertainment's PEG ratio

Skycity Entertainment's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.193. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Skycity Entertainment's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Skycity Entertainment's EBITDA

Skycity Entertainment's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $218.6 million (£0.0 million).

The EBITDA is a measure of a Skycity Entertainment's overall financial performance and is widely used to measure a its profitability.

Skycity Entertainment financials

Revenue TTM $715.4 million
Operating margin TTM 19.95%
Gross profit TTM $400.8 million
Return on assets TTM 3.19%
Return on equity TTM 10.12%
Profit margin 21.83%
Book value 2.182
Market capitalisation $2.3 billion

TTM: trailing 12 months

Skycity Entertainment share dividends

We're not expecting Skycity Entertainment to pay a dividend over the next 12 months.

Have Skycity Entertainment's shares ever split?

Skycity Entertainment's shares were split on 5 March 2008.

Skycity Entertainment share price volatility

Over the last 12 months, Skycity Entertainment's shares have ranged in value from as little as $2.4476 up to $3.3678. A popular way to gauge a stock's volatility is its "beta".

SKC.AU volatility(beta: 1.29)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (AU average) beta is 1, while Skycity Entertainment's is 1.2893. This would suggest that Skycity Entertainment's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

Skycity Entertainment overview

SkyCity Entertainment Group Limited, together with its subsidiaries, operates in the gaming, entertainment, hotel, convention, hospitality, and tourism sectors in New Zealand and Australia. The company operates through Skycity Auckland, Other NZ Operations, SkyCity Adelaide, and International Business segments. It engages in the hotels and convention, food and beverage, sky tower, car parking, property investment, and other related activities. The company also operates casinos in Auckland, Hamilton, Queenstown, and Wharf, New Zealand; and Adelaide, Australia, as well as various restaurants and bars. In addition, it provides hotel accommodation and online casino services. As of June 30, 2021, the company operated 309 table games, 3,456 electronic gaming machines, 331 automated table games, 18 restaurants, 15 bars, 755 hotel rooms, and an online casino. The company was incorporated in 1994 and is headquartered in Auckland, New Zealand.

Skycity Entertainment in the news

There are no recent company news

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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