B

Bluebet Holdings Ltd
ASX:BBT

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Bluebet Holdings Ltd
ASX:BBT
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Price: 0.27 AUD 3.85% Market Closed
Market Cap: 276.9m AUD

Relative Value

The Relative Value of one BBT stock under the Base Case scenario is 0.46 AUD. Compared to the current market price of 0.27 AUD, Bluebet Holdings Ltd is Undervalued by 41%.

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
0.46 AUD
Undervaluation 41%
Relative Value
Price
B
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
96
vs Industry
31
Median 3Y
4.6
Median 5Y
4.9
Industry
1.4
Forward
2
vs History
vs Industry
Median 3Y
-11.7
Median 5Y
-11.7
Industry
19.8
Forward
19.8
vs History
vs Industry
Median 3Y
-17.7
Median 5Y
-15.8
Industry
10.1
vs History
vs Industry
Median 3Y
-12
Median 5Y
-10.6
Industry
19.5
vs History
96
vs Industry
23
Median 3Y
9.2
Median 5Y
10.4
Industry
2.1
vs History
94
vs Industry
41
Median 3Y
4.2
Median 5Y
4.5
Industry
1.9
Forward
1.9
vs History
92
vs Industry
40
Median 3Y
8
Median 5Y
8.8
Industry
3.9
vs History
vs Industry
Median 3Y
-13.5
Median 5Y
-13.5
Industry
11
Forward
41.8
vs History
vs Industry
Median 3Y
-13.5
Median 5Y
-13.5
Industry
17.1
Forward
176.7
vs History
vs Industry
Median 3Y
-16.1
Median 5Y
-14.9
Industry
12.5
vs History
vs Industry
Median 3Y
-10.8
Median 5Y
-9.7
Industry
17.7
vs History
84
vs Industry
18
Median 3Y
10
Median 5Y
9.6
Industry
1.3

Multiples Across Competitors

BBT Competitors Multiples
Bluebet Holdings Ltd Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
AU
Bluebet Holdings Ltd
ASX:BBT
276.9m AUD 3 -7.5 -13.8 -13.8
IE
Flutter Entertainment PLC
LSE:FLTR
38B GBP 2.7 73 20.1 43
US
Las Vegas Sands Corp
NYSE:LVS
36.2B USD 3.2 27.7 11.6 18.4
AU
Aristocrat Leisure Ltd
ASX:ALL
42.2B AUD 6.6 27 23 23
US
DraftKings Inc
NASDAQ:DKNG
22.1B USD 4.4 -55.5 -108.3 -45.3
HK
Galaxy Entertainment Group Ltd
HKEX:27
168.9B HKD 3.9 19.3 13.1 19
MO
Sands China Ltd
HKEX:1928
156B HKD 2.8 19 11.4 17.6
SE
Evolution AB (publ)
STO:EVO
158.3B SEK 6.4 11.6 8.6 9.5
US
Wynn Resorts Ltd
NASDAQ:WYNN
11.8B USD 1.7 27.6 10.7 16.6
ZA
Sun International Ltd
JSE:SUI
11.8B Zac 0 0 0 0
US
MGM Resorts International
NYSE:MGM
10.9B USD 0.6 16.1 6.2 9.7
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
AU
B
Bluebet Holdings Ltd
ASX:BBT
Average EV/EBITDA: 13.1
Negative Multiple: -13.8
N/A N/A
IE
Flutter Entertainment PLC
LSE:FLTR
20.1
38%
0.5
US
Las Vegas Sands Corp
NYSE:LVS
11.6
10%
1.2
AU
Aristocrat Leisure Ltd
ASX:ALL
23
16%
1.4
US
DraftKings Inc
NASDAQ:DKNG
Negative Multiple: -108.3 N/A N/A
HK
Galaxy Entertainment Group Ltd
HKEX:27
13.1
12%
1.1
MO
Sands China Ltd
HKEX:1928
11.4
11%
1
SE
Evolution AB (publ)
STO:EVO
8.6
5%
1.7
US
Wynn Resorts Ltd
NASDAQ:WYNN
10.7
7%
1.5
ZA
S
Sun International Ltd
JSE:SUI
Not Available
5%
N/A
US
MGM Resorts International
NYSE:MGM
6.2
25%
0.2
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
AU
B
Bluebet Holdings Ltd
ASX:BBT
Average EV/EBIT: 19.6
Negative Multiple: -13.8
N/A N/A
IE
Flutter Entertainment PLC
LSE:FLTR
43
67%
0.6
US
Las Vegas Sands Corp
NYSE:LVS
18.4
12%
1.5
AU
Aristocrat Leisure Ltd
ASX:ALL
23
9%
2.6
US
DraftKings Inc
NASDAQ:DKNG
Negative Multiple: -45.3 N/A N/A
HK
Galaxy Entertainment Group Ltd
HKEX:27
19
14%
1.4
MO
Sands China Ltd
HKEX:1928
17.6
9%
2
SE
Evolution AB (publ)
STO:EVO
9.5
5%
1.9
US
Wynn Resorts Ltd
NASDAQ:WYNN
16.6
3%
5.5
ZA
S
Sun International Ltd
JSE:SUI
Not Available
3%
N/A
US
MGM Resorts International
NYSE:MGM
9.7
6%
1.6