Betmakers Technology Group Ltd

ASX:BET Stock Report

Market Cap: AU$106.7m

Betmakers Technology Group Valuation

Is BET undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of BET when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate BET's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate BET's fair value for valuation analysis.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for BET?

Key metric: As BET is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for BET. This is calculated by dividing BET's market cap by their current revenue.
What is BET's PS Ratio?
PS Ratio1.1x
SalesAU$95.20m
Market CapAU$106.71m

Price to Sales Ratio vs Peers

How does BET's PS Ratio compare to its peers?

The above table shows the PS ratio for BET vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average1.8x
BBT BlueBet Holdings
2.3x29.2%AU$135.8m
RCT Reef Casino Trust
2.5xn/aAU$66.7m
AGI Ainsworth Game Technology
0.9x0.5%AU$247.5m
PBH PointsBet Holdings
1.3x11.1%AU$319.7m
BET Betmakers Technology Group
1.1xn/aAU$106.7m

Price-To-Sales vs Peers: BET is good value based on its Price-To-Sales Ratio (1.1x) compared to the peer average (1.8x).


Price to Sales Ratio vs Industry

How does BET's PS Ratio compare vs other companies in the AU Hospitality Industry?

2 CompaniesPrice / SalesEstimated GrowthMarket Cap
OLI Oliver's Real Food
0.2xn/aUS$2.87m
MCL Mighty Craft
0.02xn/aUS$1.26m
No more companies available in this PS range
BET 1.1xIndustry Avg. 1.5xNo. of Companies4PS012345+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: BET is good value based on its Price-To-Sales Ratio (1.1x) compared to the Australian Hospitality industry average (1.5x).


Price to Sales Ratio vs Fair Ratio

What is BET's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

BET PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio1.1x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate BET's Price-To-Sales Fair Ratio for valuation analysis.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


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