The Star Entertainment Group (ASX:SGR) EBIT: A$-194 Mil (TTM As of Dec. 2025)


What is The Star Entertainment Group EBIT?

The Star Entertainment Group ASX:SGR -2.06% EBIT is A$-194 Mil as of Dec. 2025. The stock has 4 warning signs investors should review.

The Star Entertainment Group's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2025 was A$-65 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was A$-194 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. The Star Entertainment Group's annualized ROC % for the quarter that ended in Dec. 2025 was -6.08%. The Star Entertainment Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -12.90%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. The Star Entertainment Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -22.90%.

The Star Entertainment Group  (ASX:SGR) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

The Star Entertainment Group's annualized ROC % for the quarter that ended in Dec. 2025 is calculated as:

ROC % (Q: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2025 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=-137.6 * ( 1 - 1.88% )/( (2077.8 + 2365.6)/ 2 )
=-135.01312/2221.7
=-6.08 %

where

Invested Capital(Q: Jun. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=1822.3 - 170.8 - ( 267 - max(0, 767.7 - 341.4+267))
=2077.8

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=1691.8 - 143.7 - ( 171 - max(0, 1073.9 - 256.4+171))
=2365.6

Note: The Operating Income data used here is two times the semi-annual (Dec. 2025) data.

2. Joel Greenblatt's definition of Return on Capital:

The Star Entertainment Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-129/( ( (1007.5 + max(-664.4, 0)) + (993 + max(-637.5, 0)) )/ 2 )
=-129/( ( 1007.5 + 993 )/ 2 )
=-129/1000.25
=-12.90 %

where Working Capital is:

Working Capital(Q: Jun. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(42.2 + 10.7 + 42.6) - (170.8 + 15.1 + 574)
=-664.4

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(39.3 + 11.4 + 34.7) - (143.7 + 0 + 579.2)
=-637.5

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2025) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

The Star Entertainment Group's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=-194.4/848.912
=-22.90 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The Star Entertainment Group EBIT Related Terms

The Star Entertainment Group EBIT Historical Data

* Premium members only.

The historical data trend for The Star Entertainment Group's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The Star Entertainment Group EBIT Chart

The Star Entertainment Group Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 134.60 -147.70 -2,656.10 -1,475.70 -327.00

The Star Entertainment Group Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 60.10 -1,535.80 -197.10 -129.90 -64.50

ASX:SGR vs LVS, MGM, WYNN: EBIT Comparison

For the Resorts & Casinos subindustry, The Star Entertainment Group's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

The Star Entertainment Group EV-to-EBIT vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, The Star Entertainment Group's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where The Star Entertainment Group's EV-to-EBIT falls into.


The Star Entertainment Group EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$-194 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of A$-194 Mil mean?
The Star Entertainment Group (ASX:SGR) has a EBIT of A$-194 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on The Star Entertainment Group.
Is The Star Entertainment Group's EBIT too high?
The Star Entertainment Group's current EBIT is A$-194 Mil.
How does The Star Entertainment Group's EBIT compare to LVS and MGM?
The Star Entertainment Group's EBIT of A$-194 Mil can be compared against companies in the Travel & Leisure industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Travel & Leisure company?
A good EBIT depends on the Travel & Leisure industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on The Star Entertainment Group. The Star Entertainment Group's current EBIT is A$-194 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Star Entertainment Group stock overvalued right now?
Based on GuruFocus' analysis, The Star Entertainment Group (ASX:SGR) is currently considered Modestly Undervalued. The stock's GF Value™ is A$0.13, compared to a current price of A$0.10 — trading 26.9% below its estimated fair value. The current EBIT is A$-194 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For The Star Entertainment Group (ASX:SGR), the current EBIT is A$-194 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

The Star Entertainment Group Business Description

Other Exchanges EHGRF:USAEE9:Germany
Address 159 William Street, Level 3, Brisbane, QLD, AUS, 4000
The Star Entertainment Group Ltd is an Australian-based company that operates and manages integrated resorts. The group comprises the following four operating segments: Sydney, Gold Coast, Treasury Brisbane, and The Star Brisbane. It generates the majority of its revenue from the Sydney segment, which comprises the Star Sydney's casino operations, including hotels, restaurants, bars, and other entertainment facilities.