The Star Entertainment Group Limited (EHGRF)
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
The Star Entertainment Group Limited (EHGRF) trades at $0.11 with AI Score 42/100 (Grade C). The Star Entertainment Group Limited operates integrated resort complexes in Australia, including casinos, hotels, and entertainment facilities across Sydney, Gold Coast, and Brisbane. Market cap: $354.16M, Sector: Consumer cyclical.
Price live · AI analysis from Jun 13, 2026Analyst Coverage for EHGRF: EHGRF does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates EHGRF against Consumer Cyclical peers across nine fundamental dimensions and assigns an underweight signal based on the underlying data.
EHGRF: the 1 perspectives are evenly split.
How is this calculated? →The Star Entertainment Group Limited (EHGRF) Consumer Business Overview
The Star Entertainment Group Limited is an Australian operator of integrated resort complexes, featuring casinos, hotels, and entertainment venues across Sydney, Gold Coast, and Brisbane. Established in 2011, the company manages significant leisure and gaming assets, navigating a dynamic consumer cyclical market with a focus on its established Australian presence.
What Is the Investment Thesis for EHGRF?
The Star Entertainment Group Limited (EHGRF) operates as a significant integrated resort complex provider in Australia, with a current market capitalization of $354.16M. The company exhibits a negative profit margin of -23.7% and a gross margin of 19.0%, indicating operational challenges and unprofitability. Its Beta of 0.71 suggests lower volatility compared to the broader market. A key strength lies in its established presence within the Australian market, operating prominent assets like The Star Sydney and Treasury Brisbane. However, the company is navigating a challenging environment marked by increased regulatory scrutiny within the gaming industry, which poses potential headwinds to its operations and financial performance. There is no dividend yield reported, indicating a focus on reinvestment or addressing financial stability rather than shareholder distributions. Future performance is contingent upon the company's ability to adapt to evolving market conditions, including regulatory changes and shifts in consumer discretionary spending, to drive profitability from its diverse integrated resort offerings.
Based on FMP financials and quantitative analysis
EHGRF Key Highlights
- Market Capitalization: $0.13 billion, reflecting its current valuation in the market.
- Profit Margin: -23.7%, indicating the company is currently operating at a loss.
- Gross Margin: 19.0%, showcasing the profitability of its core operations before other expenses.
- Beta: 0.71, suggesting the stock is less volatile than the overall market.
- Dividend Yield: None, as the company does not currently pay dividends to shareholders.
Who Are EHGRF's Competitors?
EHGRF is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| PDSSF Paradise Entertainment Limited | $0.09 | +0.00% | $96.39M | 63 |
| RSI Rush Street Interactive (RSI) | $32.30 | +1.96% | $7.68B | 62 |
| CDRO Codere Online Luxembourg, S.A. | $9.52 | -0.47% | $432.65M | 59 |
| SLNA Selina Hospitality PLC | $0.03 | -20.21% | $16.31M | 59 |
| FLUT Flutter Entertainment plc | $107.30 | +1.19% | $18.61B | 48 |
| SCHYY Sands China Ltd. | $17.02 | +1.01% | $13.77B | 48 |
| GXYYY Galaxy Entertainment Group Limited | $19.39 | +2.37% | $16.98B | 48 |
| BALY Bally's Corporation | $13.15 | -10.51% | $643.92M | 48 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are EHGRF's Key Strengths?
- Established presence in key Australian markets (Sydney, Gold Coast, Brisbane) with significant integrated resort assets.
- Diversified integrated resort model offering casinos, hotels, food & beverage, and entertainment facilities.
- Management responsibilities for the Gold Coast Convention and Exhibition Centre, adding a MICE segment.
- Incorporated in 2011 with a history of operations, previously as Echo Entertainment Group Limited.
What Are EHGRF's Weaknesses?
- Operating with a negative profit margin of -23.7%, indicating current unprofitability.
- Potential exposure to fluctuations in discretionary consumer spending, impacting revenue streams.
- Reliance on a highly regulated industry, making it susceptible to policy changes and compliance costs.
What Could Drive EHGRF Stock Higher?
- Adaptation to evolving regulatory landscape in the Australian gaming industry, aiming to ensure compliance and maintain operational licenses.
- Strategic efforts to optimize performance and revenue generation from its integrated resort complexes through enhanced offerings and operational efficiencies.
- Potential recovery and growth in domestic and international tourism to Australia, which could significantly boost visitation and spending at its resorts.
- Management's focus on enhancing non-gaming amenities and convention services to diversify revenue streams and reduce reliance on gaming.
What Are the Key Risks for EHGRF?
- Financial-distress signal — its Altman Z-Score of -4.50 sits in the distress zone (elevated bankruptcy risk).
- Negative return on equity (-57.0%) — the business is not currently generating profit on shareholder capital.
- Weak fundamentals — a Piotroski F-Score of 3/9 flags soft profitability, leverage or efficiency.
- Increased regulatory scrutiny affecting the gaming industry, potentially leading to operational restrictions, fines, or increased compliance costs.
- Negative profit margin of -23.7%, indicating current unprofitability and financial challenges that require significant operational improvements.
- Economic downturns or reduced discretionary consumer spending impacting demand for leisure, entertainment, and gaming services.
- Competition from other integrated resorts, casinos, and entertainment venues in Australia, potentially impacting market share and pricing power.
- Risks associated with trading on the OTC Other tier, including limited liquidity, unknown disclosure status, and higher price volatility.
What Are the Growth Opportunities for EHGRF?
- Optimization of Existing Integrated Resorts: The Star Entertainment Group operates three major integrated resorts in key Australian locations. A significant growth opportunity lies in optimizing the performance of these existing assets. This involves enhancing operational efficiencies, implementing targeted marketing campaigns to increase visitation across all segments—gaming, hotels, food and beverage, and entertainment—and maximizing revenue per visitor. By focusing on extracting greater value from its current portfolio through improved guest experiences and operational excellence, the company can drive organic growth without requiring new capital-intensive developments.
- Leveraging Diverse Revenue Streams: The company's business model is built on multi-faceted establishments offering hotels, diverse restaurants and bars, theatres, and other entertainment facilities, alongside casinos. A key growth opportunity is to further develop and strategically cross-promote these non-gaming amenities. This approach can help reduce reliance on gaming revenue, attract a broader demographic of visitors, and enhance the overall customer experience. By increasing the appeal and utilization of its hospitality and entertainment offerings, the company can boost total spend per visit and diversify its income sources.
- Capitalizing on Key Australian Tourist Destinations: With operations strategically located in Sydney, Gold Coast, and Brisbane, The Star Entertainment Group is positioned within major Australian urban and tourist hubs. Growth can be significantly driven by a rebound and sustained increase in domestic and international tourism. Leveraging these prime locations to attract a larger volume of visitors to its integrated resorts and the Gold Coast Convention and Exhibition Centre can boost occupancy rates across hotels, increase patronage in restaurants and bars, and drive attendance at entertainment events, directly impacting top-line revenue.
- Enhancing Convention and Exhibition Services: The group holds management responsibilities for the Gold Coast Convention and Exhibition Centre, providing a distinct growth avenue within the MICE market. This opportunity involves actively securing more high-profile national and international conventions, trade shows, and corporate events. Expanding the scope, capacity, and service offerings of these convention facilities can generate substantial direct revenue. Furthermore, these large-scale events drive ancillary business to the company's nearby resort properties, including hotel stays, dining, and entertainment, creating a synergistic growth effect.
- Strategic Asset Management and Portfolio Development: While the current assets are well-defined, a continuous growth opportunity involves strategic enhancements or redevelopments within the existing portfolio. This could include modernizing facilities, introducing new attractions, or expanding capacity in high-demand areas to meet evolving consumer preferences. Such continuous investment in its core properties ensures long-term competitiveness, maintains market relevance, and can attract new segments of visitors, thereby securing future revenue streams and market share in the dynamic leisure and entertainment industry.
What Opportunities Does EHGRF Have?
- Potential for recovery and growth in domestic and international tourism to Australia.
- Opportunity to enhance and expand non-gaming offerings to diversify revenue and attract broader demographics.
- Increased demand for Meetings, Incentives, Conferences, and Exhibitions (MICE) events at the Gold Coast Convention and Exhibition Centre.
- Strategic optimization of existing assets to improve operational efficiencies and maximize revenue per visitor.
What Threats Does EHGRF Face?
- Ongoing increased regulatory scrutiny within the Australian gaming industry, potentially leading to operational restrictions or fines.
- Economic downturns or reduced consumer confidence impacting discretionary spending on leisure and entertainment.
- Intense competition from other integrated resorts, casinos, and entertainment providers.
- Risks associated with trading on the OTC Other tier, including limited liquidity and disclosure challenges.
What Are EHGRF's Competitive Advantages?
- Established presence and brand recognition in key Australian markets (Sydney, Gold Coast, Brisbane) with significant integrated resort assets.
- Ownership and operation of large-scale, multi-faceted integrated resort complexes providing diverse amenities beyond just gaming.
- Management responsibilities for a major public facility, the Gold Coast Convention and Exhibition Centre, creating synergistic revenue opportunities.
- High barriers to entry in the integrated resort and casino industry due to substantial capital requirements, complex regulatory licensing, and extensive development timelines.
What Does EHGRF Do?
The Star Entertainment Group Limited is an Australian firm primarily engaged in the operation and management of integrated resort complexes across three distinct geographical segments: Sydney, Gold Coast, and Brisbane. Incorporated in 2011, the entity was initially known as Echo Entertainment Group Limited before its rebranding in November 2015. Its core assets include the owned and operated casinos: The Star Sydney, located in New South Wales; The Star Gold Coast, situated in Queensland; and Treasury Brisbane, also in Queensland. These multi-faceted establishments are designed to offer a comprehensive leisure and entertainment experience, extending beyond gaming to include a wide array of amenities such as premium hotels, diverse restaurants and bars catering to various culinary preferences, state-of-the-art theatres for live performances, and various other entertainment facilities designed to attract a broad customer base. In addition to its integrated resorts, the group holds management responsibilities for the Gold Coast Convention and Exhibition Centre, further solidifying its presence in the MICE (Meetings, Incentives, Conferences, and Exhibitions) market. Headquartered in Brisbane, Australia, The Star Entertainment Group Limited positions itself as a key player in the Australian consumer cyclical sector, leveraging its established physical presence and diverse offerings to serve both domestic and international visitors seeking high-quality entertainment and hospitality experiences.
What Products and Services Does EHGRF Offer?
- Operates and manages integrated resort complexes in Australia.
- Owns and operates casinos including The Star Sydney, The Star Gold Coast, and Treasury Brisbane.
- Provides hotel accommodations within its resort complexes.
- Offers a wide array of diverse restaurants and bars.
- Features theatres and various other entertainment facilities.
- Holds management responsibilities for the Gold Coast Convention and Exhibition Centre.
- Focuses operations across three geographical segments: Sydney, Gold Coast, and Brisbane.
- Was incorporated in 2011 and rebranded from Echo Entertainment Group Limited in 2015.
How Does EHGRF Make Money?
- Generates revenue from casino gaming operations across its three primary locations.
- Earns income from hotel accommodations and related services provided within its integrated resorts.
- Derives revenue from food and beverage sales through its diverse restaurants and bars.
- Collects fees from entertainment events, theatre performances, and other leisure activities.
- Secures revenue from managing the Gold Coast Convention and Exhibition Centre, including event hosting and related services.
What Industry Does EHGRF Operate In?
The Star Entertainment Group Limited operates within the highly competitive and regulated Gambling, Resorts & Casinos industry, a sub-sector of the broader Consumer Cyclical category. This industry is significantly influenced by economic conditions, discretionary consumer spending, and tourism trends. In Australia, the market is characterized by a limited number of large integrated resort operators, often holding regional monopolies or duopolies for casino licenses. The company's positioning with major assets in Sydney, Gold Coast, and Brisbane places it at the forefront of key tourist and population centers. The industry is currently facing increased regulatory scrutiny, particularly concerning responsible gaming and anti-money laundering measures, which can impact operational frameworks and profitability. The Star Entertainment Group Limited competes by offering a comprehensive integrated resort experience, aiming to capture a diverse customer base through its blend of gaming, hospitality, dining, and entertainment offerings, differentiating itself through scale and location.
Who Are EHGRF's Key Customers?
- Domestic and international tourists seeking comprehensive leisure and entertainment experiences.
- Gambling enthusiasts visiting its casino facilities.
- Hotel guests utilizing accommodation services within the integrated resorts.
- Patrons of restaurants, bars, and entertainment venues within the complexes.
- Organizations and attendees of conventions, exhibitions, and corporate events at the Gold Coast Convention and Exhibition Centre.
FY2026 estForward Outlook
Wall Street analysts project The Star Entertainment Group Limited revenue of about $1.17B for fiscal 2026, with EPS near $-0.03.
F-Score 3/9Financial Health
The Star Entertainment Group Limited's Piotroski F-Score is 3/9, a 9-point checklist of profitability, leverage and efficiency — flagging fundamental weakness worth scrutiny. Its Altman Z-Score of -4.50 places it in the distress zone, a signal of elevated financial risk.
ROE -57%Key Financial Metrics
Return on equity for The Star Entertainment Group Limited stands at -57.0%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is -16.5%, showing how much profit it generates from its asset base. Its free cash flow yield is -83.4%, a gauge of the cash the business throws off relative to its market value. A current ratio of 0.24 means current liabilities exceed short-term assets, a liquidity point worth watching. Its earnings yield is -84.9%, the inverse of the P/E and a quick read on earnings relative to price.
The Star Entertainment Group Limited (EHGRF) Valuation Context
Valued at $354.16M, EHGRF is classified as a small-cap stock. Relative to its peer group, EHGRF's quantitative score of 42/100 is below the peer average of 58/100.
Company Profile
The Star Entertainment Group Limited operates in the Gambling, Resorts & Casinos industry within the Consumer Cyclical sector. It is headquartered in Brisbane, AU. The company is led by CEO Bruce Joseph Mathieson Jr.. EHGRF has traded publicly since 2012.
EHGRF Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2025
Bull Case vs Bear Case
Bull Case
- Recent insider buying suggests those in the know see value, potentially signaling confidence in the company's future prospects.
- Positive chatter in the community indicates growing optimism, possibly fueled by recent operational improvements or strategic partnerships.
- The market seems to be rewarding EHGRF for its efforts to enhance customer experience, leading to increased foot traffic and revenue.
- Despite challenges, the company's core business remains resilient, with loyal customers continuing to support its offerings.
Bear Case
- Community sentiment reveals concerns about regulatory scrutiny, potentially impacting future operations and profitability.
- Recent market developments suggest increased competition in the entertainment sector, putting pressure on EHGRF's market share.
- Negative news cycles surrounding the company's past conduct continue to weigh on investor confidence and brand reputation.
- Insider selling, even if for personal reasons, can create a perception of uncertainty and discourage potential investors.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
EHGRF Latest News
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WhiteHawk Capital Partners Closes US$390 Million Cross-Border Refinancing for The Star Entertainment Group
businesswire.com · Jun 1, 2026
EHGRF Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for EHGRF.
Price Targets
Wall Street price target analysis for EHGRF.
EHGRF MoonshotScore
What does this score mean?
The MoonshotScore rates EHGRF's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Leadership: Bruce Joseph Mathieson Jr.
CEO
Bruce Joseph Mathieson Jr. serves as the leader of The Star Entertainment Group Limited, overseeing its operations and strategic direction. While specific details regarding his educational background, prior executive roles, or credentials before joining The Star Entertainment Group are not provided in the available data, he is responsible for managing the company's 888 employees. His leadership is central to the firm's integrated resort operations across its Sydney, Gold Coast, and Brisbane segments, guiding the company through its operational and market challenges within the Australian consumer cyclical sector.
Track Record: Under Bruce Joseph Mathieson Jr.'s leadership, The Star Entertainment Group Limited continues to operate its key integrated resort complexes, including The Star Sydney and Treasury Brisbane. His tenure involves navigating the complexities of the Australian gambling and resorts industry, particularly in adapting to evolving market conditions and regulatory landscapes. Specific strategic decisions or company milestones directly attributable to his leadership are not detailed in the provided information, but his role encompasses the overall management of the company's 888 employees.
EHGRF OTC Market Information
The 'OTC Other' tier, also known as the Pink Sheets, represents the lowest and most speculative segment of the over-the-counter market. Companies trading on this tier are not required to meet any minimum financial standards or file regular reports with the SEC, unlike those on NYSE, NASDAQ, or even higher OTC tiers like OTCQX or OTCQB. This lack of stringent disclosure requirements means investors have access to significantly less information, leading to higher inherent risks and often lower liquidity compared to exchange-listed securities.
- OTC Tier: OTC Other
- Disclosure Status: Unknown
- Limited public information due to the unknown disclosure status, hindering comprehensive analysis.
- Lower liquidity and wider bid-ask spreads, potentially leading to unfavorable trade execution.
- Increased price volatility due to smaller trading volumes and less market depth.
- Higher susceptibility to fraud and manipulation given less stringent regulatory oversight.
- Difficulty in obtaining reliable valuations without comprehensive and timely financial reporting.
- Verify the company's latest available financial statements, even if unofficial or from non-U.S. sources.
- Research any news or announcements from Australian regulators or the Australian Securities Exchange (ASX).
- Assess the company's operational updates and business developments directly from their corporate website.
- Analyze trading volume and bid-ask spread to understand the stock's liquidity characteristics.
- Investigate any legal or regulatory actions against the company in its home jurisdiction (Australia).
- Seek independent research or reports that may exist despite its OTC status.
- Understand the specific risks associated with the 'OTC Other' tier before making investment decisions.
- The company is formally incorporated in 2011 and headquartered in Brisbane, Australia.
- It operates tangible, large-scale integrated resort assets: The Star Sydney, The Star Gold Coast, and Treasury Brisbane.
- Holds management responsibilities for a significant public facility, the Gold Coast Convention and Exhibition Centre.
- Has a stated number of employees (888), indicating a substantial operational footprint.
- Previously known as Echo Entertainment Group Limited, suggesting a history and evolution as a corporate entity.
Common Questions About EHGRF (Consumer Cyclical)
What does The Star Entertainment Group Limited do?
The Star Entertainment Group Limited is an Australian company that operates and manages integrated resort complexes. Its core business revolves around owned and operated casinos such as The Star Sydney, The Star Gold Coast, and Treasury Brisbane. These resorts are multi-faceted, offering a comprehensive range of amenities including hotels, diverse restaurants and bars, theatres, and various other entertainment facilities. Additionally, the group holds management responsibilities for the Gold Coast Convention and Exhibition Centre. Incorporated in 2011 and headquartered in Brisbane, the company provides a broad spectrum of leisure, hospitality, and entertainment services across key Australian regions.
What is The Star Entertainment Group Limited's approach to shareholder returns given its current financial performance?
The Star Entertainment Group Limited currently does not offer a dividend yield, indicating that no dividends are being paid to shareholders. This aligns with its reported negative profit margin of -23.7%, which suggests the company is not currently profitable. In such financial circumstances, companies typically prioritize reinvestment into operations, debt reduction, or initiatives aimed at improving profitability and financial stability over distributing earnings to shareholders. Investors may want to evaluate that the company's focus is likely on strengthening its core business and achieving sustainable profitability before reinstating or initiating shareholder return programs like dividends.
How is The Star Entertainment Group Limited navigating the increased regulatory scrutiny within the Australian gaming industry?
The Star Entertainment Group Limited is operating within an environment of increased regulatory scrutiny affecting the Australian gaming industry, as highlighted in the provided insights. Navigating this landscape requires the company to continuously adapt its operations, compliance frameworks, and corporate governance to meet evolving regulatory standards. This ongoing process likely involves significant investment in compliance infrastructure, internal controls, and potentially adjusting business practices to address concerns related to responsible gaming and anti-money laundering. The company's future performance will depend on its ability to effectively respond to these regulatory challenges and maintain its operating licenses across its integrated resort complexes.
What are the primary operational challenges faced by The Star Entertainment Group Limited?
The Star Entertainment Group Limited faces several key operational challenges. Foremost among these is its reported negative profit margin of -23.7%, indicating that the company is currently operating at a loss, which necessitates significant efforts to improve profitability. Additionally, the company is contending with increased regulatory scrutiny within the Australian gaming industry, which can lead to operational restrictions, increased compliance costs, and potential reputational risks. The highly competitive nature of the Gambling, Resorts & Casinos sector, coupled with its reliance on discretionary consumer spending and tourism, further presents challenges in maintaining market share and driving consistent revenue growth across its integrated resort complexes.
What are the key factors to evaluate for EHGRF?
The Star Entertainment Group Limited (EHGRF) holds an AI score of 42/100 (low). Not financial advice.
How frequently does EHGRF data refresh on this page?
EHGRF prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.
What has driven EHGRF's recent stock price performance?
The Star Entertainment Group Limited (EHGRF) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Established presence in key Australian markets (Sydney, Gold Coast, Brisbane) with significant integrated resort assets. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider EHGRF overvalued or undervalued right now?
Valuing The Star Entertainment Group Limited (EHGRF) requires multiple metrics. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- All information is derived directly from the provided source data. Specific details regarding CEO's background, detailed growth strategies, and competitor information beyond what is stated as 'Unknown' were not available in the source material.