Obermatt

Sun International

JNB:SUI · ZAE000097580
Hotels, Restaurants & LeisureMedium

360

99
EV / EBIT86
Price / Owner Earnings49
Owner Earnings Yield74
Dividend Yield96
Price/Sales52
EV / Gross Profit76
Price/Book13
Return on Capital93
Cash Return on Capital70
Return on Equity87
EBIT Margin69
Gross Profitability77
Cash Conversion42
Accruals45
Owner Earnings Margin64
Sales growth42
Profit Growth56
Long-Term EPS Growth71
Owner Earnings Growth26
Reinvestment25
Price momentum82
Debt load34
Refinancing20
Debt Payback49
Liquidity80
Analyst ratings100
Opinion Changes50
Price Target Upside47
Market mood66
Value Creation12/20creating some value
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

Sun International clears its cost of capital, but the record is mixed across the five tests. Real value creation, just not yet consistent.

Profile

CountrySouth Africa
IndustryHotels, Restaurants & Leisure
SizeMedium
TypePublic Company
ExchangeJSE
Founded1967
Employees3,012
ISINZAE000097580
Last UpdateApr 2, 2026
Themes
Entertainment SystemsTourismTravel AccommodationsGamingHospitalityTravel

Description

Sun International Limited is a leading gaming and hospitality company based in South Africa, specializing in the management of hotels, resorts, casinos, and gambling establishments. The company operates a diverse portfolio that includes luxury hotels…

Analysis

Bargain bin

Sun International Limited is priced cheaply, and that invites the natural question of why, since the underlying business scores below average. Worth noting: the cash the business generates has lagged behind what the income statement shows.

On valuation, the picture is attractive. The owner-earnings multiple stands at 12.2×; owner earnings: the cash an owner could take out each year. The implied growth embedded in that price is around -0% a year, against analyst forecasts of 9%. The price, in other words, assumes less than the experts do.

Growth is moderate; the safety picture is sturdy. The company scores 12/20 on our value-creation score: creating some value. Analysts lean positive.

Flags to be aware of: Reported profits have run ahead of actual cash for several periods. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
83
2026

All-time high

95

Mar 2026

All-time low

83

Jun 2026

Average rank

89

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
52
Price/Earnings
71
Price/Book
13
Dividend Yield
96
Value (overall)
70

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →