B

Bluebet Holdings Ltd
ASX:BBT

Watchlist Manager
Bluebet Holdings Ltd
ASX:BBT
Watchlist
Price: 0.32 AUD -1.54% Market Closed
Market Cap: 195.3m AUD
Section:
Relative Value
Relative Value
Valuation Multiples
Multiples Across Competitors
See Also

Relative Value

The Relative Value of one BBT stock under the Base Case scenario is 0.27 AUD. Compared to the current market price of 0.32 AUD, Bluebet Holdings Ltd is Overvalued by 15%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

BBT Relative Value
Base Case
0.27 AUD
Overvaluation 15%
Relative Value
Price
B
Worst Case
Base Case
Best Case

Valuation Multiples

2
P/S
P/S
Price to Sales
2
vs History
31
vs Industry
31
Median 3Y
1.3
Median 5Y
1.4
Industry
1.4
Forward
1.3
More Details
Negative
P/E
P/E
Price to Earnings
N/A
vs History
vs Industry
Median 3Y
-3.4
Median 5Y
-2.6
Industry
18.9
Forward
21.5
More Details
Negative
P/OCF
P/OCF
Price to OCF
N/A
vs History
vs Industry
Median 3Y
-4.2
Median 5Y
-3.4
Industry
9.4
More Details
Negative
P/FCFE
P/FCFE
Price to FCFE
N/A
vs History
vs Industry
Median 3Y
-2.8
Median 5Y
-2.2
Industry
18.1
More Details
3.3
P/B
P/B
Price to Book Value
3.3
vs History
31
vs Industry
23
Median 3Y
2.4
Median 5Y
2.4
Industry
2.1
More Details
1.8
EV/S
EV/S
Enterprise Value to Sales
1.8
vs History
25
vs Industry
41
Median 3Y
0.8
Median 5Y
0.8
Industry
1.8
Forward
1.3
More Details
3.8
EV/GP
EV/GP
Enterprise Value to Gross Profit
3.8
vs History
21
vs Industry
40
Median 3Y
1.5
Median 5Y
1.6
Industry
3.7
More Details
Negative
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
N/A
vs History
vs Industry
Median 3Y
-2.3
Median 5Y
-2
Industry
10.6
Forward
27
More Details
Negative
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
N/A
vs History
vs Industry
Median 3Y
-2.3
Median 5Y
-2
Industry
16.3
Forward
140.4
More Details
Negative
EV/OCF
EV/OCF
Enterprise Value to OCF
N/A
vs History
vs Industry
Median 3Y
-2.6
Median 5Y
-2.3
Industry
11.5
More Details
Negative
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
N/A
vs History
vs Industry
Median 3Y
-1.7
Median 5Y
-1.5
Industry
16.7
More Details
2.7
EV/IC
EV/IC
Enterprise Value to IC
2.7
vs History
46
vs Industry
18
Median 3Y
2.8
Median 5Y
2.7
Industry
1.3
More Details

Multiples Across Competitors

BBT Competitors Multiples
Bluebet Holdings Ltd Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
Market Cap P/S P/E EV/EBITDA EV/EBIT
AU
Bluebet Holdings Ltd
ASX:BBT
181.2m AUD 2 -4.9 -8.8 -8.8
IE
Flutter Entertainment PLC
LSE:FLTR
32.8B GBP 2.3 758.3 18.3 41.3
AU
Aristocrat Leisure Ltd
ASX:ALL
42.6B AUD 6.5 32.7 22.6 22.6
US
Las Vegas Sands Corp
NYSE:LVS
26.4B USD 2.4 20.2 9 14.2
US
DraftKings Inc
NASDAQ:DKNG
16.6B USD 3.5 -32.8 -53.2 -28.4
HK
Galaxy Entertainment Group Ltd
HKEX:27
125.8B HKD 2.9 14.4 9.4 13.6
MO
Sands China Ltd
HKEX:1928
115.1B HKD 2.1 14.2 9.1 14
SE
Evolution AB (publ)
STO:EVO
137.3B SEK 5.7 10.1 7.5 8.3
ZA
Sun International Ltd
JSE:SUI
10B Zac 0 0 0 0
US
MGM Resorts International
NYSE:MGM
9.1B USD 0.5 12.2 5.3 8
ZA
Tsogo Sun Gaming Ltd
JSE:TSG
8.6B Zac 0 0 0 0
P/E Multiple
Earnings Growth PEG
AU
B
Bluebet Holdings Ltd
ASX:BBT
Average P/E: 123.2
Negative Multiple: -4.9 		N/A N/A
IE
Flutter Entertainment PLC
LSE:FLTR
758.3
311%
2.4
AU
Aristocrat Leisure Ltd
ASX:ALL
32.7
17%
1.9
US
Las Vegas Sands Corp
NYSE:LVS
20.2
18%
1.1
US
DraftKings Inc
NASDAQ:DKNG
Negative Multiple: -32.8 N/A N/A
HK
Galaxy Entertainment Group Ltd
HKEX:27
14.4
13%
1.1
MO
Sands China Ltd
HKEX:1928
14.2
19%
0.7
SE
Evolution AB (publ)
STO:EVO
10.1
10%
1
ZA
S
Sun International Ltd
JSE:SUI
Not Available
-4%
N/A
US
MGM Resorts International
NYSE:MGM
12.2
7%
1.7
ZA
T
Tsogo Sun Gaming Ltd
JSE:TSG
Not Available
5%
N/A
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
AU
B
Bluebet Holdings Ltd
ASX:BBT
Average EV/EBITDA: 11.6
Negative Multiple: -8.8 		N/A N/A
IE
Flutter Entertainment PLC
LSE:FLTR
18.3
38%
0.5
AU
Aristocrat Leisure Ltd
ASX:ALL
22.6
17%
1.3
US
Las Vegas Sands Corp
NYSE:LVS
9
12%
0.7
US
DraftKings Inc
NASDAQ:DKNG
Negative Multiple: -53.2 N/A N/A
HK
Galaxy Entertainment Group Ltd
HKEX:27
9.4
14%
0.7
MO
Sands China Ltd
HKEX:1928
9.1
14%
0.6
SE
Evolution AB (publ)
STO:EVO
7.5
8%
0.9
ZA
S
Sun International Ltd
JSE:SUI
Not Available
5%
N/A
US
MGM Resorts International
NYSE:MGM
5.3
23%
0.2
ZA
T
Tsogo Sun Gaming Ltd
JSE:TSG
Not Available
-2%
N/A
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
AU
B
Bluebet Holdings Ltd
ASX:BBT
Average EV/EBIT: 17.4
Negative Multiple: -8.8 		N/A N/A
IE
Flutter Entertainment PLC
LSE:FLTR
41.3
49%
0.8
AU
Aristocrat Leisure Ltd
ASX:ALL
22.6
11%
2.1
US
Las Vegas Sands Corp
NYSE:LVS
14.2
14%
1
US
DraftKings Inc
NASDAQ:DKNG
Negative Multiple: -28.4 N/A N/A
HK
Galaxy Entertainment Group Ltd
HKEX:27
13.6
17%
0.8
MO
Sands China Ltd
HKEX:1928
14
15%
0.9
SE
Evolution AB (publ)
STO:EVO
8.3
8%
1
ZA
S
Sun International Ltd
JSE:SUI
Not Available N/A N/A
US
MGM Resorts International
NYSE:MGM
8
9%
0.9
ZA
T
Tsogo Sun Gaming Ltd
JSE:TSG
Not Available
-2%
N/A

See Also

Summary
BBT intrinsic value, competitors valuation, and company profile.
DCF Valuation
BBT stock valuation using Discount Cash Flow valuation method.
Relative Valuation
BBT stock valuation using valuation multiples.
Wall Street Estimates
BBT price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
BBT stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
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