Reef Casino Trust Share Price and Company Fundamentals
Last traded: Yesterday at 12:40 AM
Reef Casino Trust owns and leases the Reef Hotel Casino complex located in Cairns, North Queensland, Australia. The company was founded in 1993 and is based in Brisbane, Australia. Reef Casino Trust is a subsidiary of Reef Casino Investments Pty Ltd.
|Primary activities||To own and manage The Reef Hotel Casino which is located in Cairns, North Queensland.|
|Industry / Sector||Resorts & Casinos / Consumer Cyclical|
|Mailing address||Sofitel Hotel Level 3 249 Turbot Street Brisbane QLD 4000 Australia|
|Phone / Fax||61 7 3211 3000 / 61 7 3211 4777|
|Share registry||COMPUTERSHARE INVESTOR SERVICES PTY LIMITED|
5Y Avg. yield
Reef Casino Trust paid $0.22 dividend and the ex-dividend date was 29 June 2021.The dividend payout ratio is 20.69%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.RCT dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.
RCT's forward dividend amount is $0.22 and the forward dividend yield is 7.68%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.
As of Sep 2021, following are the company executives and directors listed on Reef Casino Trust.
|Mr. Allan Tan||CEO of Reef Hotel Casino & Exec. Director of Reef Corp. Services Ltd||92.96k|
|Ms. Alison Galligan||Company Sec. of Reef Corp. Services Limited||130.5k|
Profitability and management effectiveness
Return on assets
Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.
The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.
Valuation and Trading Info
The market capitalization of Reef Casino Trust is 142.93M and its enterprise value is 66.16M. The enterprise value to revenue ratio of RCT is 2.54.
The RCT's stocks Beta value is 1.20 making it 20% more volatile compared to ASX market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.
Companies similar to Reef Casino Trust (RCT)
- Aristocrat Leisure (ALL)
- Collins Foods (CKF)
- Corporate Travel Management (CTD)
- Crown Resorts (CWN)
- Domino's Pizza Enterprises (DMP)
- Flight Centre Travel Group (FLT)
- G8 Education (GEM)
- Idp Education (IEL)
- Invocare (IVC)
- Jumbo Interactive (JIN)
- Skycity Entertainment Group (SKC)
- Tabcorp Holdings (TAH)
- The Star Entertainment Group (SGR)
Reef Casino Trust (ASX:RCT) Frequently Asked Questions
1. What is Reef Casino Trust's Stock Symbol?
Reef Casino Trust trades on ASX under the ticker symbol "RCT".
2. What is Reef Casino Trust's stock price today?
One share of RCT stock can currently be purchased for approximately $2.87.
3. How can I contact Reef Casino Trust?
Reef Casino Trust's mailing address is Sofitel Hotel Level 3 249 Turbot Street Brisbane QLD 4000 Australia. The company can be reached via phone at 61 7 3211 3000.
4. What is Reef Casino Trust's official website?
The official website of Reef Casino Trust is http://www.reefcasino.com.au/reef-casino-trust.
5. Which share registry manages Reef Casino Trust's stock?
Reef Casino Trust's stock is managed by COMPUTERSHARE INVESTOR SERVICES PTY LIMITED.