BlueBet Holdings Ltd provides online wagering services to customers in racing and sporting events in Australia.
BlueBet Holdings Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$1.81|
|52 Week High||AU$1.54|
|52 Week Low||AU$3.03|
|1 Month Change||-7.67%|
|3 Month Change||-19.06%|
|1 Year Change||n/a|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||1.69%|
Recent News & Updates
|BBT||AU Hospitality||AU Market|
Return vs Industry: Insufficient data to determine how BBT performed against the Australian Hospitality industry.
Return vs Market: Insufficient data to determine how BBT performed against the Australian Market.
Stable Share Price: BBT is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 12% a week.
Volatility Over Time: Insufficient data to determine BBT's volatility change over the past year.
About the Company
BlueBet Holdings Ltd provides online wagering services to customers in racing and sporting events in Australia. It offers wagering products on racing and a range of other sports through internet using a computer, mobile phone, and other connected device. The company was founded in 2015 and is based in Sydney, Australia.
BlueBet Holdings Fundamentals Summary
|BBT fundamental statistics|
Is BBT overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|BBT income statement (TTM)|
|Cost of Revenue||AU$15.07m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
Oct 27, 2021
|Earnings per share (EPS)||0.015|
|Net Profit Margin||9.21%|
How did BBT perform over the long term?See historical performance and comparison
Is BlueBet Holdings undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: BBT (A$1.81) is trading above our estimate of fair value (A$0.11)
Significantly Below Fair Value: BBT is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: BBT is poor value based on its PE Ratio (121.3x) compared to the Australian Hospitality industry average (37.4x).
PE vs Market: BBT is poor value based on its PE Ratio (121.3x) compared to the Australian market (20x).
Price to Earnings Growth Ratio
PEG Ratio: BBT's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: BBT is overvalued based on its PB Ratio (7.4x) compared to the AU Hospitality industry average (3.8x).
How is BlueBet Holdings forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BBT's earnings are forecast to decline over the next 3 years (-22.7% per year).
Earnings vs Market: BBT's earnings are forecast to decline over the next 3 years (-22.7% per year).
High Growth Earnings: BBT's earnings are forecast to decline over the next 3 years.
Revenue vs Market: BBT's revenue (30.1% per year) is forecast to grow faster than the Australian market (5.3% per year).
High Growth Revenue: BBT's revenue (30.1% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: BBT's Return on Equity is forecast to be low in 3 years time (3.7%).
How has BlueBet Holdings performed over the past 5 years?
Last years earnings growth
Earnings and Revenue History
Quality Earnings: BBT has high quality earnings.
Growing Profit Margin: BBT's current net profit margins (9.2%) are lower than last year (26.7%).
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if BBT's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: BBT's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: BBT had negative earnings growth (-33.6%) over the past year, making it difficult to compare to the Hospitality industry average (4.2%).
Return on Equity
High ROE: BBT's Return on Equity (6.1%) is considered low.
How is BlueBet Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: BBT's short term assets (A$56.9M) exceed its short term liabilities (A$9.8M).
Long Term Liabilities: BBT's short term assets (A$56.9M) exceed its long term liabilities (A$1.1M).
Debt to Equity History and Analysis
Debt Level: BBT's debt to equity ratio (0.3%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if BBT's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: BBT's debt is well covered by operating cash flow (5762.3%).
Interest Coverage: BBT's interest payments on its debt are well covered by EBIT (96.4x coverage).
What is BlueBet Holdings's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate BBT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate BBT's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if BBT's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if BBT's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of BBT's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Mr. William Richmond, also known as Bill, has been the Chief Executive Officer of BlueBet Holdings Ltd. March 1, 2021 and has been its Director since January 14, 2021. Mr. Richmond joined Sportingbet in 20...
CEO Compensation Analysis
Compensation vs Market: Bill's total compensation ($USD306.76K) is below average for companies of similar size in the Australian market ($USD554.70K).
Compensation vs Earnings: Insufficient data to compare Bill's compensation with company performance.
Experienced Board: BBT's board of directors are not considered experienced ( 0.3 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: BBT only recently listed within the past 12 months.
BlueBet Holdings Ltd's employee growth, exchange listings and data sources
- Name: BlueBet Holdings Ltd
- Ticker: BBT
- Exchange: ASX
- Founded: 2015
- Industry: Casinos and Gaming
- Sector: Consumer Services
- Market Cap: AU$361.198m
- Shares outstanding: 200.11m
- Website: https://www.bluebetoffer.com.au
- BlueBet Holdings Ltd
- 8 Spring Street
- Level 9
- New South Wales
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/26 16:31|
|End of Day Share Price||2021/10/26 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.