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EVT LimitedEVT.AXCompetitor analysis, valuation and peers

Australia · AUD·Communication Services›Movies/Entertainment

Australian cinema, hotel and leisure operator running Event/Village cinemas, Rydges/QT hotels and Thredbo ski resort.

≈ A mix of AMC Theatres and a boutique hotel operatorMomentum leader 91
Mkt cap
$1.78B
US dollars, full cap
Free float
72%
of shares outstanding
$/day
$1.83M
20-day average traded
Fwd P/E
35.0×
forward earnings
ROIC−WACC
-4.3 pp
WACC 8.0%
Hurdle
+3 pp
Req g minus delivered
Next earnings
104 days
18 Feb 2027
Close · AUDA$15.75
1D-0.9%
1W+3.5%
1M+9.8%
3M+10.2%
6M+38.9%
YTD+25.4%
1Y+7.3%
ATR %2.8%
52w lowhigh2.5% off high

What EVT does

Australian cinema, hotel and leisure operator running Event/Village cinemas, Rydges/QT hotels and Thredbo ski resort.

Revenue comes from movie tickets and in-cinema food and drink, hotel rooms, and ski-resort lodging and lift passes, so results follow film slates, travel demand and snowfall. Cinemas are the largest part of the mix.

In one line: A mix of AMC Theatres and a boutique hotel operator.

Products and services

  • Cinema exhibition (Event/Village)
  • Hotels (Rydges, QT, Atura)
  • Thredbo alpine resort
  • Property/other

Customers

  • Moviegoers
  • Hotel guests
  • Ski resort visitors

Where it sits in the supply chain

  • Leisure & entertainment
  • Cinema exhibition
  • Hotels/resorts

What could go right

  • Box-office recovery/blockbuster slate
  • Domestic tourism/hotel demand

What could go wrong

  • Streaming substitution for cinema
  • Discretionary travel spending downturns

Moat: narrow (scale, brand, installed base). Large cinema/hotel footprint and prime-location property assets are costly to replicate.

Headquarters: Sydney, Australia · Founded: 1910

Named competitors

EVT at a glance

Size EVT (EVT.AX) is an Australia Communication Services company (Movies/Entertainment) with a market value of $1.78B, the 128th largest of 316 Australia companies the cockpit tracks. Shares closed at A$15.75 on 6 Nov 2026.

Performance Over six months the shares gained 38.9%, against +5.3% for the median peer and +4.1% for the Australia market (cap-weighted) — 6th highest of 21 in its peer set.

Growth Revenue grew 7.0% over the last twelve months (peer median -1.5%); the operating margin is 9.2% (peer median 8.6%).

Valuation It trades at 35.0× forward earnings against a peer median of 23.5× (5th most expensive of 14).

Price implies For today's price to make sense, revenue must grow about 21% a year for seven years (Req g). Recent delivered growth is +18%, so the hurdle is +3 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.

Capital Return on invested capital runs 4.3 points below its cost of capital (8.0% WACC).

Next results Next results expected around 18 Feb 2027 (exchange calendar; dates can move).

Relative performance

8010012014011 May 202611 Aug 20266 Nov 2026EVT.AX 139Peer median 105
Six months, rebased to 100: EVT against the median of its 20 peers (local-currency closes).

EVT financials

Reported figures in AUD; fiscal year ends 2026-06-30. TTM = trailing twelve months.
TTMFY2026FY2025FY2024FY2023
RevenueA$1.31BA$1.31BA$1.22BA$1.21BA$1.17B
Revenue growth—+7%+1%+4%—
Gross profitA$420MA$420MA$366MA$364MA$370M
EBITDAA$299MA$299MA$268MA$281MA$294M
Net incomeA$50.7MA$50.7MA$33.4MA$4.82MA$107M
Free cash flowA$121MA$121MA$146MA$128MA$41.4M
Capital expenditureA$137MA$137MA$82.3MA$89.7MA$204M
Total debtn/aA$1.39BA$1.32BA$1.32BA$1.40B

Quarterly statements and history in the cockpit →

EVT competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-25%0%+25%+50%+75%0%+20%+40%+60%PRKS1060PVRINOX603103000069300144TAH6007154680PFOCUS300182MSGR6412601595041510SAREGAMA03269605300133EVT.AX6-month return →1-month return →
Up and to the right = strong over both horizons. EVT is the large dot.

Fundamentals: revenue growth against valuation

-20%0%+20%+40%0×100×200×PRKS1060PVRINOX300144TAH46803001826412601595041510SAREGAMA300133EVT.AXRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. EVT is the large dot.

Capital: growth delivered against growth the price implies

-25%0%+25%+50%+75%0%50%PRKS1060PVRINOX603103000069300144TAH4680PFOCUS6015950415100013309605EVT.AXGrowth delivered (Del g) →Growth the price implies (Req g, 7 yrs) →
Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. EVT is the large dot.

EVT competitors and peer comparison

Head to head with its named competitors (EVT.AX vs AMC vs CNK vs AC.PA)
CompanyMarket cap6M returnRevenue growthOp. marginForward P/EReq g
EVT EVT.AX$1.78B+39%+7%9%35.0×21.0%
AMC Entertainment AMC$2.80B+109%+6%5%n/an/a
Cinemark CNK$4.51B+44%+13%15%14.8×2.4%
Accor AC.PA$12.8B+12%0%16%22.9×14.4%

How EVT compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

EVT against its 20 peers (data as of 6 Nov 2026)
MeasureEVT.AXPeer medianRank in peer set
1-month return+9.8%+8.9%11th highest of 21
6-month return+38.9%+5.3%6th highest of 21
Distance from 52-week high-2.5%-18.9%highest of 21
Revenue growth (TTM)+7.0%-1.5%8th highest of 21
Operating margin9.2%8.6%10th highest of 21
Forward P/E35.0×23.5×5th most expensive of 14
Growth the price implies (Req g, 7 yrs)21.0%4.9%5th most demanding of 15
Growth delivered (Del g)+18.0%+18.7%7th lowest of 15
Hurdle (Req g minus delivered)+3.0 pp-14.6 pp7th most demanding of 15
ROIC minus cost of capital-4.3 pp-1.7 pp10th lowest of 21
EV / EBITDA13.0×8.9×3rd most expensive of 10
Net debt / EBITDA4.4×1.9×3rd most indebted of 10

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
EVT EVT.AXAustralia$1.78B+39%+7%9%35.0×21.0%+18.0%
United Parks & Resorts PRKSUnited States$1.81B+2%-4%21%11.4×0.2%+30.9%
Damai Entertainment 1060.HKHong Kong$1.74B-25%+22%6%13.9×-9.1%+22.0%
PVR Inox PVRINOX.NSIndia$1.63B+47%+14%16%28.7×15.7%+88.3%
Hengdian Entertainment 603103.SSChina$1.62B-18%-27%-10%n/a36.1%+18.3%
Shenzhen Overseas Chinese Town 000069.SZChina$2.00B-25%-22%-32%n/a1.1%-17.4%
Songcheng Performance Development 300144.SZChina$2.17B-29%-15%37%20.8×5.6%+20.1%
Tabcorp TAH.AXAustralia$1.45B+28%0%9%28.6×5.5%+0.1%
Cultural Investment 600715.SSChina$1.43B+15%-27%-44%n/an/an/a
ROUND ONE 4680.TJapan$2.22B+42%+21%15%16.3×4.3%+25.5%
Prime Focus PFOCUS.NSIndia$2.36B-7%+29%16%n/a26.0%+12.6%
Beijing Jetsen Technology 300182.SZChina$2.36B+6%-23%9%37.1×n/an/a
MSG Rangers MSGRUnited States$2.37B+1,624%+2%-9%n/an/an/a
Heiwa 6412.TJapan$1.32B+16%+47%16%10.2×4.1%+19.1%
Shanghai Film 601595.SSChina$2.40B+47%-18%-2%264.9×57.0%+24.4%
SM ENTERTAINMENT 041510.KSSouth Korea$1.31B-19%+10%14%15.5×-9.1%+15.2%
Saregama India SAREGAMA.NSIndia$1.26B+77%-3%28%46.6×n/an/a
China Star Entertainment 0326.HKHong Kong$2.54B-10%-69%-157%n/an/an/a
Bona Film 001330.SZChina$1.17B-25%-29%-34%n/a24.0%-4.9%
Toei 9605.TJapan$2.77B+5%+3%20%23.5×-3.3%+11.5%
Zhejiang Huace Film & TV 300133.SZChina$2.79B+15%+44%8%50.4×n/an/a

Questions

Who are EVT's main competitors?
Named competitors: AMC Entertainment (AMC), Cinemark Holdings (CNK), Accor (AC.PA). The cockpit's measured peer set (industry) also includes United Parks & Resorts (PRKS), Damai Entertainment (1060.HK), PVR Inox (PVRINOX.NS), Hengdian Entertainment (603103.SS), Shenzhen Overseas Chinese Town (000069.SZ), Songcheng Performance Development (300144.SZ).
Is EVT expensive compared with its peers?
On forward p/e it trades at 35.0× against a peer median of 23.5×, 5th most expensive of 14 in its peer set. For today's price to make sense, revenue must grow about 21% a year for seven years (Req g). Recent delivered growth is +18%, so the hurdle is +3 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
How has EVT stock performed?
Over six months to 6 Nov 2026 the shares returned +38.9% against +5.3% for the median peer; over one year +7.3%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.