Coast Entertainment Holdings Ltd

CEH: XASX (AUS)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	A$4.70	Lkqp	Bkgtmxsr

Coast Entertainment: A Safety Check on Key Midcycle Assumptions

Brian Han

Jun 26, 2024

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.

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