Companies Like PlaySide Studios (ASX:PLY) Can Afford To Invest In Growth
May 23
Australian (ASX) Interactive Home Entertainment Industry Analysis
UpdatedMay 29, 2023
DataAggregated Company Financials
Companies6
- 7D6.7%
- 3M5.2%
- 1Y-50.0%
- YTD-30.8%
The Interactive Home Entertainment industry is up 2.0% in the last week, with PlaySide Studios up 10%. In the same time, KNeoMedia was down 17%. However, the industry is down 48% over the past year. Earnings are forecast to grow by 82% annually.
Industry Valuation and Performance
Has the Australian Interactive Home Entertainment Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|
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Current Industry PE
- Investors are pessimistic on the Australian Interactive Home Entertainment industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The 3-year average PS ratio of 17.1x is higher than the industry's current PS ratio of 3.3x.
Past Earnings Growth
- The earnings for companies in the Interactive Home Entertainment industry have deteriorated over the last three years.
- Meanwhile revenues for these companies have grown 205% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has caused losses to expand.
Industry Comparison
How does Australian Interactive Home Entertainment compare with similar industries?
| AU Market | -0.72% | |
| Telecom | -0.37% | |
| Entertainment | 2.20% | |
| Interactive Home Entertainment | 6.67% | |
| Movies and Entertainment | 1.68% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| PLY PlaySide Studios | AU$0.38 | 10.3% +AU$14.2m | -51.6% | PS4.2x | |
| SP8 StreamPlay Studio | AU$0.011 | 22.2% +AU$2.3m | -31.3% | PE3.9x | |
| SHO SportsHero | AU$0.019 | 5.6% +AU$575.0k | -29.6% | PS287.4x |