B

Bluebet Holdings Ltd
ASX:BBT

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Bluebet Holdings Ltd
ASX:BBT
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Price: 0.28 AUD -3.45% Market Closed
Market Cap: 287.1m 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 0.28 AUD, Bluebet Holdings Ltd is Undervalued by 39%.

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 39%
Relative Value
Price
B
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
95
vs Industry
31
Median 3Y
4.7
Median 5Y
4.9
Industry
1.4
Forward
2.1
vs History
vs Industry
Median 3Y
-12
Median 5Y
-11.7
Industry
19.2
Forward
20.5
vs History
vs Industry
Median 3Y
-17.7
Median 5Y
-15.8
Industry
9.8
vs History
vs Industry
Median 3Y
-11.9
Median 5Y
-10.6
Industry
18.8
vs History
95
vs Industry
23
Median 3Y
9.4
Median 5Y
10.6
Industry
2.1
vs History
93
vs Industry
41
Median 3Y
4.3
Median 5Y
4.5
Industry
1.9
Forward
2
vs History
91
vs Industry
40
Median 3Y
8.1
Median 5Y
8.8
Industry
3.8
vs History
vs Industry
Median 3Y
-13.7
Median 5Y
-13.5
Industry
10.8
Forward
43.4
vs History
vs Industry
Median 3Y
-13.7
Median 5Y
-13.5
Industry
16.6
Forward
183.5
vs History
vs Industry
Median 3Y
-16.1
Median 5Y
-14.6
Industry
12.2
vs History
vs Industry
Median 3Y
-10.6
Median 5Y
-9.5
Industry
17.4
vs History
85
vs Industry
18
Median 3Y
16.8
Median 5Y
10
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
287.1m AUD 3.1 -7.8 -14.3 -14.3
IE
Flutter Entertainment PLC
LSE:FLTR
35.6B GBP 2.5 68.2 18.8 40.2
US
Las Vegas Sands Corp
NYSE:LVS
30B USD 2.7 23 10 15.8
AU
Aristocrat Leisure Ltd
ASX:ALL
41.2B AUD 6.5 26.4 22.5 22.5
US
DraftKings Inc
NASDAQ:DKNG
20.6B USD 4.1 -51.6 -100.8 -42.2
HK
Galaxy Entertainment Group Ltd
HKEX:27
148.7B HKD 3.4 17 11.4 16.5
MO
Sands China Ltd
HKEX:1928
127.4B HKD 2.3 15.5 9.7 15
SE
Evolution AB (publ)
STO:EVO
146.5B SEK 5.9 10.7 7.9 8.8
ZA
Sun International Ltd
JSE:SUI
10.2B Zac 0 0 0 0
US
Wynn Resorts Ltd
NASDAQ:WYNN
9.5B USD 1.4 22.1 9.4 14.6
US
PENN Entertainment Inc
SWB:PN1
8.1B EUR 1.4 -110.2 23.2 64.1
P/E Multiple
Earnings Growth PEG
AU
B
Bluebet Holdings Ltd
ASX:BBT
Average P/E: 26.1
Negative Multiple: -7.8
N/A N/A
IE
Flutter Entertainment PLC
LSE:FLTR
68.2
307%
0.2
US
Las Vegas Sands Corp
NYSE:LVS
23
14%
1.6
AU
Aristocrat Leisure Ltd
ASX:ALL
26.4
17%
1.6
US
DraftKings Inc
NASDAQ:DKNG
Negative Multiple: -51.6 N/A N/A
HK
Galaxy Entertainment Group Ltd
HKEX:27
17
13%
1.3
MO
Sands China Ltd
HKEX:1928
15.5
19%
0.8
SE
Evolution AB (publ)
STO:EVO
10.7
8%
1.3
ZA
S
Sun International Ltd
JSE:SUI
Not Available
-4%
N/A
US
Wynn Resorts Ltd
NASDAQ:WYNN
22.1
8%
2.8
US
P
PENN Entertainment Inc
SWB:PN1
Negative Multiple: -110.2 N/A N/A
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
AU
B
Bluebet Holdings Ltd
ASX:BBT
Average EV/EBITDA: 14.1
Negative Multiple: -14.3
N/A N/A
IE
Flutter Entertainment PLC
LSE:FLTR
18.8
38%
0.5
US
Las Vegas Sands Corp
NYSE:LVS
10
10%
1
AU
Aristocrat Leisure Ltd
ASX:ALL
22.5
16%
1.4
US
DraftKings Inc
NASDAQ:DKNG
Negative Multiple: -100.8 N/A N/A
HK
Galaxy Entertainment Group Ltd
HKEX:27
11.4
12%
0.9
MO
Sands China Ltd
HKEX:1928
9.7
11%
0.9
SE
Evolution AB (publ)
STO:EVO
7.9
5%
1.6
ZA
S
Sun International Ltd
JSE:SUI
Not Available
5%
N/A
US
Wynn Resorts Ltd
NASDAQ:WYNN
9.4
7%
1.3
US
P
PENN Entertainment Inc
SWB:PN1
23.2
51%
0.5
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
AU
B
Bluebet Holdings Ltd
ASX:BBT
Average EV/EBIT: 24.7
Negative Multiple: -14.3
N/A N/A
IE
Flutter Entertainment PLC
LSE:FLTR
40.2
67%
0.6
US
Las Vegas Sands Corp
NYSE:LVS
15.8
12%
1.3
AU
Aristocrat Leisure Ltd
ASX:ALL
22.5
9%
2.5
US
DraftKings Inc
NASDAQ:DKNG
Negative Multiple: -42.2 N/A N/A
HK
Galaxy Entertainment Group Ltd
HKEX:27
16.5
14%
1.2
MO
Sands China Ltd
HKEX:1928
15
9%
1.7
SE
Evolution AB (publ)
STO:EVO
8.8
5%
1.8
ZA
S
Sun International Ltd
JSE:SUI
Not Available
3%
N/A
US
Wynn Resorts Ltd
NASDAQ:WYNN
14.6
3%
4.9
US
P
PENN Entertainment Inc
SWB:PN1
64.1
87%
0.7