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EV

EVT Limited

EVT.AXCommunication ServicesASX

Entertainment · Last scanned May 30, 2026

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Financials · Annual
Revenue
$1.20B
+0.5% YoY
Net Income
$33.4M
+593.4% YoY
EBITDA
$296.8M
+2.6% YoY
Free Cash Flow
$16.7M

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About EVT Limited

Headquartered within the communication services sector, EVT Limited focuses on Entertainment services and products. EVT Limited engages in the entertainment business in Australia, New Zealand, Singapore, and Germany. At a $2.04B market cap, EVT Limited ranks as a mid-cap company within communication services. The company operates through Entertainment, Entertainment Germany, Hotels and Resorts, Thredbo Alpine Resort, and Property and Other Investments segments.

Key stats
Market Cap$2.04B
P/E (TTM)52.38
Fwd P/E26.70
EPS$0.24
Beta0.50
52W Change-22.4%
Dividend Yield2.86%
ROE4.2%
Analysis

The company holds $85.5M in cash, though total debt stands at $1.38B. This level of leverage is common in the industry but worth monitoring as interest rate conditions evolve. Free cash flow comes in at $16.7M, providing flexibility for reinvestment, buybacks, or dividends. Consistent free cash flow generation is often considered a sign of operational health. ROE of 4.2% points to modest capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. ROA of 2.4% is on the lower side, which is common in asset-heavy industries. Revenue has grown from $731.3M (2022) to $1.20B (2025), reflecting a 63% increase over the period.

With a beta below 0.7, EVT Limited typically sees smaller price swings than the overall market, offering a degree of stability during turbulent periods. Debt significantly exceeds cash reserves, which means the company's financial flexibility could be constrained during economic downturns. The elevated P/E ratio means the stock is priced for significant future growth. If earnings disappoint, the price correction could be sharp. These risk factors are not exhaustive — macroeconomic shifts, regulatory changes, and competitive dynamics can all influence EVT Limited's trajectory.

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