Search ASX code:
Generic filters

Untitled design (1)

SETTING FIRE TO YOUR FINANCES?

TAKE CONTROL OF YOUR MONEY TODAY WITH OUR FREE ONLINE COURSE

TAKE CONTROL OF YOUR MONEY TODAY WITH OUR
FREE ONLINE COURSE

SETTING FIRE TO YOUR FINANCES?

TAKE CONTROL OF YOUR MONEY TODAY WITH OUR FREE ONLINE COURSE

HY20 Result: Is the Aristocrat Leisure (ASX:ALL) share price a buy?

Is the Aristocrat Leisure (ASX: ALL) share price a buy after reporting its FY20 half year result?

What is Aristocrat Leisure?

Founded in the 1950s, the original Aristocrat Leisure business is based around casino games. Aristocrat is one of the largest players in the world being licensed in approximately 300 gaming jurisdictions in over 90 countries. The company now also has online digital games – both casino versions and free-to-play social games.

Here’s what Aristocrat Leisure reported

Aristocrat Leisure reported that operating revenue rose by 7% to $2.25 billion in the six months to March 2020.

Normalised EBITDA (which excludes significant items) fell by 7.7% to $707.6 million and the EBITDA margin dropped from 36.4% a year ago to 31.4%.

Normalised net profit after tax (NPAT) dropped 14.2% to $305.9 million and  reported profit after tax rose 277.2% to $1.3 billion (including recognition of a $1 billion tax asset) compared to last year’s net profit of $346 million.

In terms of cash, operating cash flow rose 41.5% to $620 million and closing net debt to $2.25 billion. The net debt to EBITDA ratio improved by 0.2x to 1.4x.

Aristocrat Leisure dividend

The Aristocrat Leisure Board decided to cut the dividend to $0.

Aristocrat Leisure had $1.8 billion of liquidity and the Directors wanted to enhance the company’s liquidity and balance sheet even further.

Is the Aristocrat Leisure share price a buy?

Only time will tell how much damage COVID-19 will do to the company. At the pre-open share price, Aristocrat Leisure is still 27% lower than before. If life can go back to normal sooner rather than later then Aristocrat Leisure could be a decent buy at this cheaper price. But I’m not sure either way about that.

I’d much rather buy these technology shares for my portfolio:

Disclosure: at the time of publishing, Jaz does not have a financial interest in any of the companies mentioned.

Afterpay, Zip Co, Sezzle…

Is BNPL the opportunity of a lifetime or is the sector a ticking time bomb?

Rask's analyst has just finished a 7,500-word report, The Ultimate BNPL Sector Report, taking a deep dive into this booming ASX sector. It shines a spotlight on each of the major players. You can get the full analyst report for FREE by CLICKING HERE NOW or entering your email below.

Note: the report is 100% free.

Unsubscribe anytime. Read our TermsFinancial Services GuidePrivacy Policy. We’ll never sell your email address. Our company is Australian owned.

Afterpay, Zip Co, Sezzle…

Is BNPL the opportunity of a lifetime or is the sector a ticking time bomb?

Rask's analyst has just finished a 7,500-word report, The Ultimate BNPL Sector Report, taking a deep dive into this booming ASX sector. It shines a spotlight on each of the major players. You can get the full analyst report for FREE by CLICKING HERE NOW.

Note: the report is 100% free.

Information warning: The information on this website is published by The Rask Group Pty Ltd (ABN: 36 622 810 995) is limited to factual information or (at most) general financial advice only. That means, the information and advice does not take into account your objectives, financial situation or needs. It is not specific to you, your needs, goals or objectives. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you don’t know what your needs are, you should consult a trusted and licensed financial adviser who can provide you with personal financial product advice. In addition, you should obtain and read the product disclosure statement (PDS) before making a decision to acquire a financial product. Please read our Terms and Conditions and Financial Services Guide before using this website. The Rask Group Pty Ltd is a Corporate Authorised Representative (#1280930) of AFSL #383169.

Keep reading:

Rask Media’s Ultimate BNPL Sector Report

Afterpay, Zip, Sezzle… is this the opportunity of a lifetime? Or is BNPL a ticking time bomb? This 7,500-word analyst report takes a deep dive into the BNPL sector and shines a spotlight on each of the major players in this booming market. 

Unsubscribe anytime. Read our TermsFinancial Services GuidePrivacy Policy. We’ll never sell your email address. Our company is Australian owned.

As we emerge from COVID-19, some tech companies are growing faster than ever. Rask’s investment analysts have identified 3 growth stocks set to benefit. Big time.

Enter your email below to access this report for free, including the names, ticker codes and analysis.

Unsubscribe anytime. Read our TermsFinancial Services GuidePrivacy Policy. We’ll never sell your email address. Our company is Australian owned.