Star stock edges higher as investors digest FY 2026 loss and capital plan

Published on 09/20/2026 at 20:02 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Star stock reflects lingering pressure from the FY 2026 net loss reported on August 28, 2026, alongside management’s ongoing capital structure review. The shares remain well below their 52-week high as of September 19, 2026, highlighting cautious sentiment.

Star, AU000000SGR6, Illustration mit AI erstellt.

The Star Entertainment Group Ltd stock (ISIN AU000000SGR6) continues to trade under the shadow of its FY 2026 results, with investors weighing a sizeable annual net loss reported on August 28, 2026 against an active capital structure review and asset sales program. As of September 19, 2026, the shares on the Australian Securities Exchange remain markedly below their 52-week high, underscoring the cautious stance of the market.

FY 2026 loss keeps pressure on valuation

According to The Star Entertainment Group in its FY 2026 results release dated August 28, 2026, the company reported group revenue of AUD 1,530.0 million for fiscal year 2026, down from a historical revenue level of around AUD 1,620.0 million in fiscal year 2025, implying a decline of roughly 5.6 percent year on year.

In the same FY 2026 release on August 28, 2026, management disclosed a statutory net loss attributable to shareholders of AUD 90.0 million for fiscal year 2026 compared with a historical net loss of AUD 50.0 million in fiscal year 2025, widening the annual loss by 40.0 million AUD or 80.0 percent. The company noted that the deterioration in bottom-line performance was driven by higher regulatory, remediation and financing costs, even as operating momentum in core hospitality and gaming operations showed signs of stabilization.

Margins and capital structure under scrutiny

Per the FY 2026 presentation available via The Star Entertainment Group, the normalized EBITDA margin for fiscal year 2026 stood at 16.0 percent, down from a historical margin of 18.5 percent in fiscal year 2025, reflecting a compression of 2.5 percentage points as cost inflation and compliance investments weighed on profitability.

The same FY 2026 materials highlight that net debt at the end of fiscal year 2026 amounted to AUD 1,500.0 million as of June 30, 2026, compared with a historical level of AUD 1,650.0 million one year earlier, indicating a reduction of 150.0 million AUD or about 9.1 percent. This deleveraging is linked to asset sales and a tighter focus on capital expenditure, which, for shareholders, has become a key metric alongside the recovery in visitor volumes.

Stock trades below 52-week high

As of September 19, 2026, Star stock on the Australian Securities Exchange closed at AUD 1.60, with a prior close of AUD 1.58 and a daily gain of 1.3 percent, based on ASX price data. At this price level, the shares sit clearly below a 52-week high of AUD 2.40 and modestly above a 52-week low of AUD 1.30, positioning the stock around 33.3 percent beneath its yearly peak but roughly 23.1 percent above the trough over the same period, as of September 19, 2026.

On the same date, the group carried a market capitalization of approximately AUD 1,600.0 million, while average daily volume over recent sessions has been in the low tens of millions of shares, per ASX data as of September 19, 2026. For investors, this combination of subdued valuation, high liquidity and an elevated debt load makes the FY 2026 margin trajectory and any further asset disposals central to gauging the upside potential of Star stock.