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Ardent Leisure Group Ltd ALG

Rating as of

Morningstar’s Analysis

Valuation
Currency in AUD
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5-Star Price

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Economic Moat

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Capital Allocation

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Short-Term Trading Still Roller-Coasting as Theme Parks CEO Exits Ride

Brian Han Director

Analyst Note

| Brian Han |

We lift our fair value estimate for Ardent Leisure by 9% to AUD 0.60 per share. The increase reflects more favourable capital raising assumptions, rather than any forecast upgrades as a result of today's trading update.

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Company Profile

Business Description

Ardent Leisure is an owner and operator of leisure assets. Its theme park operations are situated in Australia, including Dreamworld and WhiteWater World on the Gold Coast. The group also runs Main Event, a growing portfolio of family entertainment operations in the United States, offering bowling, arcade and various other leisure activities.

Contact
60 Miller Street, Level 8
Sydney, NSW, 2060, Australia
T +61 291684600
Sector Consumer Cyclical
Industry Leisure
Most Recent Earnings
Fiscal Year End Jun 30, 2021
Stock Type
Employees

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