PBH Stock Overview
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$2.75|
|52 Week High||AU$12.79|
|52 Week Low||AU$1.93|
|1 Month Change||5.77%|
|3 Month Change||-18.15%|
|1 Year Change||-77.93%|
|3 Year Change||-5.82%|
|5 Year Change||n/a|
|Change since IPO||22.77%|
Recent News & Updates
Are Investors Undervaluing PointsBet Holdings Limited (ASX:PBH) By 38%?
Today we will run through one way of estimating the intrinsic value of PointsBet Holdings Limited ( ASX:PBH ) by taking...
|PBH||AU Hospitality||AU Market|
Return vs Industry: PBH underperformed the Australian Hospitality industry which returned -27.1% over the past year.
Return vs Market: PBH underperformed the Australian Market which returned -10.5% over the past year.
|PBH Average Weekly Movement||14.4%|
|Hospitality Industry Average Movement||6.7%|
|Market Average Movement||10.0%|
|10% most volatile stocks in AU Market||16.7%|
|10% least volatile stocks in AU Market||4.5%|
Stable Share Price: PBH is more volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 14% a week.
Volatility Over Time: PBH's weekly volatility (14%) has been stable over the past year, but is still higher than 75% of Australian stocks.
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$141.91m|
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
Aug 30, 2022
|Earnings per share (EPS)||-0.82|
|Net Profit Margin||-95.86%|
How did PBH perform over the long term?See historical performance and comparison
Is PBH undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 4/6
Price-To-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for PBH?
Other financial metrics that can be useful for relative valuation.
|What is PBH's n/a Ratio?|
Price to Sales Ratio vs Peers
How does PBH's PS Ratio compare to its peers?
|PBH PS Ratio vs Peers|
|Company||PS||Estimated Growth||Market Cap|
BET Betmakers Technology Group
JIN Jumbo Interactive
TAH Tabcorp Holdings
AGI Ainsworth Game Technology
PBH PointsBet Holdings
Price-To-Sales vs Peers: PBH is good value based on its Price-To-Sales Ratio (3.2x) compared to the peer average (4.5x).
Price to Earnings Ratio vs Industry
How does PBH's PE Ratio compare vs other companies in the AU Hospitality Industry?
Price-To-Sales vs Industry: PBH is expensive based on its Price-To-Sales Ratio (3.2x) compared to the Australian Hospitality industry average (2.4x)
Price to Sales Ratio vs Fair Ratio
What is PBH'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.
|Current PS Ratio||3.2x|
|Fair PS Ratio||6x|
Price-To-Sales vs Fair Ratio: PBH is good value based on its Price-To-Sales Ratio (3.2x) compared to the estimated Fair Price-To-Sales Ratio (6x).
Share Price vs Fair Value
What is the Fair Price of PBH when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: PBH (A$2.75) is trading below our estimate of fair value (A$55.57)
Significantly Below Fair Value: PBH is trading below fair value by more than 20%.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate PBH's PEG Ratio to determine if it is good value.
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How is PointsBet Holdings forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?
Future Growth Score2/6
Future Growth Score 2/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
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 (30.9% per year) is forecast to grow faster than the Australian market (5.2% per year).
High Growth Revenue: PBH's revenue (30.9% 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.
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How has PointsBet Holdings performed over the past 5 years?
Past Performance Score0/6
Past Performance Score 0/6
Growing Profit Margin
Earnings vs Industry
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 66.8% 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 (47.1%).
Return on Equity
High ROE: PBH has a negative Return on Equity (-33.38%), as it is currently unprofitable.
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How is PointsBet Holdings's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: PBH's short term assets (A$626.4M) exceed its short term liabilities (A$113.0M).
Long Term Liabilities: PBH's short term assets (A$626.4M) exceed its long term liabilities (A$115.5M).
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: Insufficient data to determine if PBH has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
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What is PointsBet Holdings's current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Cash Flow Coverage
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.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as PBH has not reported any payouts.
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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 ($USD1.02M) is about average for companies of similar size in the Australian market ($USD834.80K).
Compensation vs Earnings: Sam's compensation has increased whilst the company is unprofitable.
Experienced Management: PBH's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.
Experienced Board: PBH's board of directors are considered experienced (3.7 years average tenure).
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.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 46.3%.
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
- Implied Market Cap: AU$835.736m
- Shares outstanding: 303.90m
- 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||2022/07/05 00:00|
|End of Day Share Price||2022/07/05 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.