PointsBet Holdings Limited provides sports, racing, and iGaming betting products and services through its cloud-based technology platform in Australia and New Jersey.
PointsBet Holdings Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$10.40|
|52 Week High||AU$9.13|
|52 Week Low||AU$18.13|
|1 Month Change||4.10%|
|3 Month Change||-7.88%|
|1 Year Change||-0.19%|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||364.29%|
Recent News & Updates
|PBH||AU Hospitality||AU Market|
Return vs Industry: PBH underperformed the Australian Hospitality industry which returned 44.6% over the past year.
Return vs Market: PBH underperformed the Australian Market which returned 24.4% over the past year.
Stable Share Price: PBH is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: PBH's weekly volatility (8%) has been stable over the past year.
About the Company
PointsBet Holdings Limited provides sports, racing, and iGaming betting products and services through its cloud-based technology platform in Australia and New Jersey. The company operates through Australian Trading, Technology, and United States segments. It also engages in the provision of gaming support, pari-mutuel advanced deposit wagering, and business-to-business services, as well as in the retail sports betting and software development activities.
PointsBet Holdings Fundamentals Summary
|PBH fundamental statistics|
Is PBH overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|PBH income statement (TTM)|
|Cost of Revenue||AU$107.02m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
Oct 27, 2021
|Earnings per share (EPS)||-0.71|
|Net Profit Margin||-96.13%|
How did PBH perform over the long term?See historical performance and comparison
Is PointsBet Holdings undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: PBH (A$10.4) is trading below our estimate of fair value (A$13.67)
Significantly Below Fair Value: PBH is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: PBH is unprofitable, so we can't compare its PE Ratio to the Australian Hospitality industry average.
PE vs Market: PBH is unprofitable, so we can't compare its PE Ratio to the Australian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate PBH's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: PBH is overvalued based on its PB Ratio (6.1x) compared to the AU Hospitality industry average (3.8x).
How is PointsBet Holdings forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PBH is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: PBH is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: PBH is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: PBH's revenue (32.6% per year) is forecast to grow faster than the Australian market (5.3% per year).
High Growth Revenue: PBH's revenue (32.6% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: PBH is forecast to be unprofitable in 3 years.
How has PointsBet Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PBH is currently unprofitable.
Growing Profit Margin: PBH is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: PBH is unprofitable, and losses have increased over the past 5 years at a rate of 68.2% per year.
Accelerating Growth: Unable to compare PBH's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: PBH is unprofitable, making it difficult to compare its past year earnings growth to the Hospitality industry (4.2%).
Return on Equity
High ROE: PBH has a negative Return on Equity (-41.76%), as it is currently unprofitable.
How is PointsBet Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: PBH's short term assets (A$315.2M) exceed its short term liabilities (A$80.8M).
Long Term Liabilities: PBH's short term assets (A$315.2M) exceed its long term liabilities (A$95.5M).
Debt to Equity History and Analysis
Debt Level: PBH is debt free.
Reducing Debt: PBH had no debt 5 years ago.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: PBH has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: PBH has sufficient cash runway for 1.2 years if free cash flow continues to reduce at historical rates of 73.9% each year.
What is PointsBet Holdings's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate PBH's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate PBH's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if PBH's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if PBH's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of PBH's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Samuel J. Swanell, also known as Sam, is the Co-Founder, Managing Director and Group Chief Executive Officer at PointsBet Holdings Limited and has been its Director since March 15, 2015. He has experie...
CEO Compensation Analysis
Compensation vs Market: Sam's total compensation ($USD1.12M) is about average for companies of similar size in the Australian market ($USD1.40M).
Compensation vs Earnings: Sam's compensation has increased whilst the company is unprofitable.
Experienced Management: PBH's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.
Experienced Board: PBH's board of directors are not considered experienced ( 2.9 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: PBH insiders have sold more shares than they have bought in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 34.7%.
PointsBet Holdings Limited's employee growth, exchange listings and data sources
- Name: PointsBet Holdings Limited
- Ticker: PBH
- Exchange: ASX
- Founded: 2015
- Industry: Casinos and Gaming
- Sector: Consumer Services
- Market Cap: AU$2.725b
- Shares outstanding: 263.08m
- Website: https://www.pointsbet.com.au
Number of Employees
- PointsBet Holdings Limited
- 165 Cremorne Street
- Level 2
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/26 07:02|
|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.