Sun International Limited

Sun International Limited

4,503.00
ZAC
-9.00
(-0.20%)
930.85BMarket Cap
Mar 15Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
92.77
89.4
94.2
103.8
132.33
124.25
93.83
34.6
31.32
45.6
49.01
51.68
53.55
- -
Basic EPS, GAAP
6.3
4.64
7.94
-3.53
-2.09
-0.05
5.18
-10.45
1.05
2.24
4.94
7.64
6.67
- -
Free Cash Flow per Basic Share
10.5
4.13
4.81
-4.65
3.36
19.9
21.29
-0.9
4.75
9.32
8.1
8.47
7.64
- -
Dividend per Share
4.74
4.38
4.53
4.63
2.84
3.12
2.96
0.81
0.63
1.98
4.92
4.49
4.74
- -
Book Value per Share
16.42
12.04
17.83
-18.63
-22.14
16.98
17.89
6.88
8.08
9.59
8.73
11.68
13.37
13.37
Tangible Book Value per Share
12.43
6.24
12.17
-46.63
-45.14
-4.49
-0.53
3.4
4.8
6.26
5.38
8.27
10.21
10.21
Basic Weighted Avg Shares
111
112
112
117
116
134
126
175
249
247
244
243
242
242
Sales/Revenue/Turnover
10,267
9,970
10,553
12,186
15,351
16,614
11,836
6,054
7,812
11,274
11,962
12,569
12,977
- -
Operating Margin (%)
18.31
16.34
21.57
15.73
14.68
15.1
18.88
-2.53
10.2
21.52
21.23
21.07
19.21
- -
Depreciation Expense
851
900
1,018
1,137
1,712
1,752
1,688
1,225
863
828
800
796
807
- -
Net Income, GAAP
697
518
890
-414
-243
-7
653
-1,829
263
555
1,205
1,858
1,616
- -
Effective Tax Rate (%)
32.33
36.44
30.63
- -
63.95
49.55
29.2
- -
33.45
44.08
29.84
27.32
25.5
- -
Profit Margin (%)
6.79
5.2
8.43
-3.4
-1.58
-0.04
5.52
-30.21
3.37
4.92
10.07
14.78
12.45
- -
Working Capital
-3,033
-3,917
-3,808
-3,110
-3,399
-3,215
-2,551
-1,797
-1,510
-1,836
-2,919
-2,819
-1,458
-1,458
LT Debt
1,510
2,666
4,150
9,980
10,696
9,780
10,034
7,047
5,130
5,914
4,957
3,521
4,873
4,873
Total Equity
3,665
1,988
2,746
1,254
306
4,286
4,235
1,462
1,716
2,032
2,010
3,256
3,666
3,666
Return on Invested Capital (%)
16.94
11.89
15.22
- -
5.2
7.01
8.38
- -
9.42
15.34
18.86
20.89
20.02
- -
Return on Capital (%)
8.1
6.26
11.6
- -
-0.75
1.39
5
- -
5.88
7.22
15.82
22.21
19.88
- -
Return on Common Equity (%)
41.71
29.35
46.57
- -
- -
- -
25.61
-84.36
14.13
25.44
53.6
74.77
53.42
- -

Capital Structure

ZAR

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
ST Debt
2,424
2,423
790
LT Borrowings
2,884
- -
4,297
LT Finance Leases
637
- -
576
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
242
242
241
Market Capitalization
10,543
10,589
9,308

Working Capital

ZAR

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
Total Current Assets
1,707
1,557
1,677
Cash, Cash Equivalents & STI
364
298
336
Accounts Receivable, Net
441
1,011
399
Inventories
110
96
125
Total Current Liabilities
4,526
4,511
3,135
Payables & Accruals
- -
- -
- -
ST Debt
2,424
2,423
790
Deferred Revenue
- -
- -
- -

Growth Rates

ZAR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
121.33%
21.86%
12.59%
Free Cash Flow
-67.02%
-154.97%
-10.05%
Net Income, GAAP
-993.87%
30.99%
-13.02%
Sales/Revenue/Turnover
5.98%
17.56%
3.25%
Total Cash Common Dividend
28.48%
72.66%
5.22%

Semi-annual Revenue

ZAR

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
11,962
2024
- -
- -
12,569
2025
- -
- -
12,977

Semi-annual Earnings Per Share

ZAR

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
4.94
2024
- -
- -
7.64
2025
- -
- -
6.67

Semi-annual Dividends Per Share

ZAR

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
4.92
2024
- -
- -
4.49
2025
- -
- -
4.74

Company Description

CEO
Rolf Ulrik Bengtsson
Full Time Employees
7,050
Sector
Consumer services
Industry
Hotels/Resorts/Cruise lines
Address
6 Sandown Valley Crescent Johannesburg GT South Africa 2196
IPO Date
Jul 1, 1992
Business
Sun International Limited (JSE: SUI) owns and operates casinos, hotels, resorts and entertainment properties primarily in South Africa; it provides management services in the hotel, resort, casino and gambling sectors; and engages in gaming route operations via Sun Slots Limited Payout Machines, online sports betting and gaming through Sunbet, as well as letting of retail and entertainment facilities. The company operates urban casinos including GrandWest, Sun Time Square, Sibaya Casino, Carnival City, Boardwalk, Meropa, Windmill, Flamingo and Golden Valley; resorts and hotels such as Sun City Resort, Wild Coast Sun, The Table Bay Hotel and The Maslow Sandton; and maintains the Sun MVG loyalty programme alongside championship golf courses hosting events like the Nedbank Golf Challenge. Sun International focuses on South African markets with a South Africa-centric strategy, supplemented by limited operations in Africa including new Sunbet licences in Mpumalanga, North West and Botswana; it was founded in 1966 and is headquartered at 6 Sandown Valley Crescent, Sandton, South Africa. Recent developments include the disposal of its equity interest and loan account in Tourist Company of Nigeria PLC to RFC Limited for US$14.55 million in 2024, yielding a net accounting gain and applied proceeds reducing group debt; receipt of first contingent consideration of R206 million from Dreams S.A. in Chile in June 2024 with second instalments scheduled through 2027 totalling approximately R602 million gross; termination of the proposed R7.3 billion acquisition of Peermont Holdings in July 2025 due to regulatory delays, now pending Competition Tribunal hearing from May 2025; appointment of Ulrik Bengtsson as CEO in July 2025 succeeding Anthony Leeming, with strategy emphasising online gaming growth via Sunbet which reported 60.6% income rise to R1.2 billion in 2024; and rollout of solar energy projects including 1.5MW at Sun City, 4.1MW at Carnival City and 3.3MW at Sibaya, alongside The Table Bay Hotel transitioning to InterContinental management under IHG partnership from Q4 2025.