Brisbane Broncos Valuation

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

BBL (A$0.88) is trading below our estimate of [[fair value]] (A$4.61)

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

Valuation Score

4/6

Valuation Score 4/6

Below Fair Value
Significantly Below Fair Value
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

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

Below Fair Value: BBL (A$0.88) is trading below our estimate of fair value (A$4.61)

Significantly Below Fair Value: BBL is trading below fair value by more than 20%.

Key Valuation Metric

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

Key metric: As BBL is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for BBL. This is calculated by dividing BBL's market cap by their current earnings.
What is BBL's PE Ratio?
PE Ratio	14x
Earnings	AU$6.17m
Market Cap	AU$88.24m

BBL key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	1.1x
Enterprise Value/EBITDA	6.7x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

How does BBL's PE Ratio compare to its peers?

The above table shows the PE ratio for BBL vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	21.5x
GTN GTN	15.5x	34.3%	AU$91.1m
PLY PlaySide Studios	15.9x	20.8%	AU$184.4m
HPG hipages Group Holdings	42.3x	24.9%	AU$159.5m
IGL IVE Group	12.2x	19.2%	AU$342.3m
BBL Brisbane Broncos	14x	n/a	AU$88.2m

Price-To-Earnings vs Peers: BBL is good value based on its Price-To-Earnings Ratio (14x) compared to the peer average (21.5x).

Price to Earnings Ratio vs Industry

How does BBL's PE Ratio compare vs other companies in the Global Entertainment Industry?

25 Companies	Price / Earnings	Estimated Growth	Market Cap

25 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: BBL is good value based on its Price-To-Earnings Ratio (14x) compared to the Global Entertainment industry average (22.5x).

Price to Earnings Ratio vs Fair Ratio

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

BBL PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	14x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate BBL's Price-To-Earnings 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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