Coast Entertainment Holdings Ltd
CEH: XASX (AUS)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
A$4.90 | Dvgm | Kpqggzqn |
Coast Entertainment: A Safety Check on Key Midcycle Assumptions
We maintain our fair value estimate of AUD 0.60 per share for Coast Entertainment. This is underpinned by our projected midcycle theme parks EBITDA of AUD 37 million, or group EBITDA of AUD 30 million after corporate costs. A safety check on our midcycle forecast for theme parks reveals no outlandish assumptions.