PlaySide Studios (PLY) Stock Overview
Engages in the development and monetization of mobile, PC, virtual reality, and console video games in Australia. More details
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 3/6 |
| Past Performance | 2/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
Rewards
Risk Analysis
PLY Community Fair Values
Create NarrativeSee what 36 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
PlaySide Studios Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | AU$0.13 |
| 52 Week High | AU$0.39 |
| 52 Week Low | AU$0.10 |
| Beta | 1.4 |
| 1 Month Change | 19.05% |
| 3 Month Change | -47.92% |
| 1 Year Change | -35.90% |
| 3 Year Change | -72.22% |
| 5 Year Change | -66.22% |
| Change since IPO | -59.68% |
Recent News & Updates
Narrative Update • Aug 21
PLY: Future Cost Reset Will Support Earnings Power After Meta Exit
Analysts have lowered their 12-month price target for PlaySide Studios from A$0.28 to A$0.23, citing updated assumptions for revenue growth, profit margins, and a higher future P/E multiple that together indicate a lower fair value estimate on a risk-adjusted basis. What’s in the News for PlaySide Studios On August 19, 2026, PlaySide Studios filed its annual report for the year ended June 30, 2026.Narrative Update • Jul 20
PLY: Future Margin Strength Will Offset Meta Contract Loss Risk
Analysts have reduced their price target for PlaySide Studios from A$0.44 to A$0.28, citing updated assumptions that combine slower expected revenue growth with a higher profit margin outlook and a lower future P/E multiple. What’s in the News for PlaySide Studios Meta Platforms Technologies, LLC has informed PlaySide Studios that it will terminate the company’s outsourced development contracts on the Horizon Worlds social platform due to internal restructuring within Meta’s business.
Narrative Update • Jul 06
PLY: Contract Loss Will Refocus Costs And Support Higher Future Margins
Analysts have trimmed their fair value estimate for PlaySide Studios to A$0.40 from A$0.60, reflecting updated views on more moderate revenue growth assumptions, a slightly lower discount rate, and a higher future P/E multiple supported by expectations for firmer profit margins. What’s in the News for PlaySide Studios Meta Platforms Technologies plans to terminate PlaySide Studios' outsourced development contracts on the Horizon Worlds social platform following internal restructuring, with all related work expected to conclude by July 31, 2026.Recent updates
Narrative Update • Aug 21
PLY: Future Cost Reset Will Support Earnings Power After Meta Exit
Analysts have lowered their 12-month price target for PlaySide Studios from A$0.28 to A$0.23, citing updated assumptions for revenue growth, profit margins, and a higher future P/E multiple that together indicate a lower fair value estimate on a risk-adjusted basis. What’s in the News for PlaySide Studios On August 19, 2026, PlaySide Studios filed its annual report for the year ended June 30, 2026.Narrative Update • Jul 20
PLY: Future Margin Strength Will Offset Meta Contract Loss Risk
Analysts have reduced their price target for PlaySide Studios from A$0.44 to A$0.28, citing updated assumptions that combine slower expected revenue growth with a higher profit margin outlook and a lower future P/E multiple. What’s in the News for PlaySide Studios Meta Platforms Technologies, LLC has informed PlaySide Studios that it will terminate the company’s outsourced development contracts on the Horizon Worlds social platform due to internal restructuring within Meta’s business.Narrative Update • Jul 06
PLY: Contract Loss Will Refocus Costs And Support Higher Future Margins
Analysts have trimmed their fair value estimate for PlaySide Studios to A$0.40 from A$0.60, reflecting updated views on more moderate revenue growth assumptions, a slightly lower discount rate, and a higher future P/E multiple supported by expectations for firmer profit margins. What’s in the News for PlaySide Studios Meta Platforms Technologies plans to terminate PlaySide Studios' outsourced development contracts on the Horizon Worlds social platform following internal restructuring, with all related work expected to conclude by July 31, 2026.
Narrative Update • Jun 22
PLY: Outsourcing Wind-Down Will Refocus Margins And Support Undervalued Profile
Analysts have maintained their fair value estimate for PlaySide Studios at A$0.34 and adjusted underlying assumptions, citing slightly lower expected profit margins and a higher future P/E multiple as key drivers of the updated price target framework. What's in the News for PlaySide Studios Meta Platforms Technologies has informed PlaySide Studios that it will terminate outsourced development contracts on the Horizon Worlds social platform following internal restructuring at Meta.Analysis Article • Jun 16
Should You Investigate PlaySide Studios Limited (ASX:PLY) At AU$0.14?
While PlaySide Studios Limited ( ASX:PLY ) might not have the largest market cap around , it saw a double-digit share...Narrative Update • Jun 03
PLY: Higher Margin Outlook Will Support Undervalued Profile
Analysts have trimmed their fair value estimate for PlaySide Studios from A$0.52 to A$0.34, reflecting updated views on more moderate revenue growth, a higher profit margin profile, and a lower future P/E multiple. What's in the News Analysts revised their fair value estimate for PlaySide Studios to A$0.34, down from A$0.52, reflecting updated expectations for revenue growth, profit margins, and future P/E multiple.Narrative Update • Apr 26
PLY: Higher Future P/E Assumptions Will Support Undervalued Profile
Analysts have trimmed their price target for PlaySide Studios by A$0.00, reflecting updated assumptions for revenue growth, profit margins, and a higher future P/E multiple. Together, these factors keep fair value at A$0.52.Narrative Update • Apr 09
PLY: Higher Margins And Revenue Assumptions Will Support Undervalued Profile
Analysts have maintained their A$0.52 price target on PlaySide Studios. The unchanged figure is backed by updated assumptions that indicate higher revenue growth, stronger profit margins and a lower future P/E multiple.Narrative Update • Mar 25
PLY: Stable Assumptions And Margins Are Expected To Support Undervalued Profile
Analysts have kept their A$0.52 price target for PlaySide Studios unchanged, citing only minor tweaks in the discount rate, revenue growth, profit margin and future P/E assumptions as the main drivers of this steady view. Valuation Changes Fair Value: The A$0.52 fair value estimate is unchanged, indicating no revision to the headline valuation figure.Narrative Update • Mar 11
PLY: Higher Margin Outlook Will Support Undervalued Profile Going Forward
Analysts have kept their A$0.52 price target for PlaySide Studios steady, with fair value remaining unchanged to reflect updated assumptions for revenue growth, profit margins and future P/E. Valuation Changes Fair Value: A$0.52 remains unchanged, with no adjustment to the assessed fair value per share.Narrative Update • Feb 24
PLY: Incoming CFO Will Support Margins And Sustain Undervalued Outlook
Analysts have made only a marginal tweak to their PlaySide Studios valuation, trimming the fair value estimate to A$0.52 as small adjustments to the discount rate, revenue growth, profit margin and future P/E assumptions flow through their models. What's in the News PlaySide Studios has appointed Colin Lai as Chief Financial Officer, effective March 2, 2026, following the previously announced retirement of current CFO Darren Briggs at the October 2025 AGM (Key Developments).Narrative Update • Feb 08
PLY: New CFO Appointment Will Support Margins And Undervalued Outlook
Analysts have nudged their price target for PlaySide Studios slightly higher to A$0.52 per share, reflecting modest updates to discount rate and future P/E assumptions while keeping revenue growth and profit margin forecasts broadly unchanged. What's in the News PlaySide Studios has appointed Colin Lai as Chief Financial Officer, effective March 2, 2026, following the planned retirement of current CFO Darren Briggs announced at the October 2025 AGM (Key Developments).Narrative Update • Jan 25
PLY: New CFO Appointment Will Support Margins As Revenue Tops A$49 Million
Analysts have kept their fair value estimate for PlaySide Studios steady at A$0.52 per share, with only very small tweaks to inputs like the discount rate and expected future P/E guiding their updated price target narrative. What's in the News PlaySide Studios has appointed Colin Lai as Chief Financial Officer, effective March 2, 2026.Narrative Update • Jan 09
PLY: Revenue Will Exceed A$49 Million As Margins And Costs Improve
Analysts have made a modest adjustment to their price target for PlaySide Studios, reflecting fine tuning of assumptions around discount rates, long term revenue growth of 15.83% and profit margins of 14.08%. They have kept the fair value estimate steady at A$0.52 and are using a future P/E of about 25.5x.Analysis Article • Dec 22
The Market Lifts PlaySide Studios Limited (ASX:PLY) Shares 31% But It Can Do More
PlaySide Studios Limited ( ASX:PLY ) shareholders would be excited to see that the share price has had a great month...Narrative Update • Dec 21
PLY: Revenue Will Exceed A$49 Million As Profitability Improves
Analysts have nudged their price target on PlaySide Studios higher to approximately $0.52 per share from about $0.52 previously, citing slightly stronger expectations for revenue growth and profit margins, despite a marginally higher discount rate and a modestly lower assumed future P/E multiple. What's in the News PlaySide Studios reaffirmed its fiscal 2026 guidance, expecting revenue to exceed fiscal 2025's 49 million dollars while reducing operating costs, supported by front end loaded game launch revenues (Company guidance).Narrative Update • Dec 07
PLY: Revenue Will Exceed A$49 Million As Profitability Improves
Analysts have nudged their price target on PlaySide Studios slightly higher to reflect a modestly lower perceived risk and marginally improved profitability and growth assumptions, resulting in a fair value that remains effectively unchanged at A$0.52 per share. What's in the News Confirmed financial guidance for fiscal 2026, with revenue expected to exceed fiscal 2025's A$49 million along with lower operating costs (company guidance).Narrative Update • Nov 23
PLY: Revenue Will Exceed A$49 Million As Costs Are Set To Fall
Analysts have maintained their price target for PlaySide Studios at $0.52. Minor adjustments to underlying discount rates and future earnings assumptions are guiding a continued stable outlook for the company.Narrative Update • Nov 06
PLY: Revenue Is Projected To Exceed A$49 Million With Lower Costs Ahead
Narrative Update on PlaySide Studios Analysts have maintained their price target for PlaySide Studios at $0.52 per share, reflecting only negligible adjustments to revenue growth and profit margin forecasts after their latest review. What's in the News PlaySide Studios provided financial guidance for fiscal year 2026 and reaffirmed that revenue is expected to exceed FY25's $49 million, with lower operating costs (Key Developments).Narrative Update • Oct 22
Analysts Lift PlaySide Studios Price Target as Revenue Outlook and Profit Margins Improve
Analysts have increased their price target for PlaySide Studios from $0.46 to $0.52 per share, citing expectations of stronger revenue growth and improving profit margins. What's in the News PlaySide Studios Limited has been removed from both the S&P/ASX Emerging Companies Index and the S&P/ASX All Ordinaries Index (Key Developments).Narrative Update • Aug 07
New Original IPs And Nintendo Switch 2 Will Secure Success
PlaySide Studios’ fair value estimate has been revised down to A$0.465, primarily due to weaker consensus revenue growth expectations and a significantly higher future P/E ratio, indicating reduced earnings growth prospects and increased valuation risk. What's in the News PlaySide Studios filed a follow-on equity offering to raise AUD 3 million by issuing 15,000,000 ordinary shares at AUD 0.2 per share.Analysis Article • Jul 30
Market Might Still Lack Some Conviction On PlaySide Studios Limited (ASX:PLY) Even After 31% Share Price Boost
The PlaySide Studios Limited ( ASX:PLY ) share price has done very well over the last month, posting an excellent gain...Analysis Article • Jun 15
After Leaping 28% PlaySide Studios Limited (ASX:PLY) Shares Are Not Flying Under The Radar
PlaySide Studios Limited ( ASX:PLY ) shareholders are no doubt pleased to see that the share price has bounced 28% in...New Narrative • May 14
New Original IPs And Nintendo Switch 2 Will Secure Success
Developing multiple original IPs and launching on a new platform aims to capitalize on established fanbases and expand market reach.Analysis Article • Apr 20
Why We're Not Concerned Yet About PlaySide Studios Limited's (ASX:PLY) 27% Share Price Plunge
To the annoyance of some shareholders, PlaySide Studios Limited ( ASX:PLY ) shares are down a considerable 27% in the...Analysis Article • Apr 01
Estimating The Intrinsic Value Of PlaySide Studios Limited (ASX:PLY)
Key Insights Using the 2 Stage Free Cash Flow to Equity, PlaySide Studios fair value estimate is AU$0.23 PlaySide...Analysis Article • Jan 29
PlaySide Studios Limited's (ASX:PLY) 51% Share Price Plunge Could Signal Some Risk
PlaySide Studios Limited ( ASX:PLY ) shareholders that were waiting for something to happen have been dealt a blow with...Analysis Article • Nov 22
Estimating The Fair Value Of PlaySide Studios Limited (ASX:PLY)
Key Insights PlaySide Studios' estimated fair value is AU$0.47 based on 2 Stage Free Cash Flow to Equity PlaySide...Analysis Article • Oct 21
There's Reason For Concern Over PlaySide Studios Limited's (ASX:PLY) Massive 27% Price Jump
PlaySide Studios Limited ( ASX:PLY ) shareholders would be excited to see that the share price has had a great month...Analysis Article • Jul 01
PlaySide Studios Limited's (ASX:PLY) P/S Still Appears To Be Reasonable
When you see that almost half of the companies in the Entertainment industry in Australia have price-to-sales ratios...Analysis Article • May 20
When Should You Buy PlaySide Studios Limited (ASX:PLY)?
PlaySide Studios Limited ( ASX:PLY ), is not the largest company out there, but it saw a decent share price growth of...Analysis Article • Apr 19
Returns On Capital At PlaySide Studios (ASX:PLY) Paint A Concerning Picture
What are the early trends we should look for to identify a stock that could multiply in value over the long term? In a...Analysis Article • Feb 24
Revenues Tell The Story For PlaySide Studios Limited (ASX:PLY) As Its Stock Soars 30%
PlaySide Studios Limited ( ASX:PLY ) shares have continued their recent momentum with a 30% gain in the last month...Analysis Article • Jan 23
A Look At The Intrinsic Value Of PlaySide Studios Limited (ASX:PLY)
Key Insights The projected fair value for PlaySide Studios is AU$0.62 based on 2 Stage Free Cash Flow to Equity With...Analysis Article • Dec 18
Is Now An Opportune Moment To Examine PlaySide Studios Limited (ASX:PLY)?
PlaySide Studios Limited ( ASX:PLY ), might not be a large cap stock, but it led the ASX gainers with a relatively...Analysis Article • Dec 18
Revenues Tell The Story For PlaySide Studios Limited (ASX:PLY) As Its Stock Soars 33%
The PlaySide Studios Limited ( ASX:PLY ) share price has done very well over the last month, posting an excellent gain...Analysis Article • Oct 05
We're Not Worried About PlaySide Studios' (ASX:PLY) Cash Burn
Just because a business does not make any money, does not mean that the stock will go down. For example, although...Analysis Article • Aug 26
PlaySide Studios Limited (ASX:PLY) Just Reported And Analysts Have Been Lifting Their Price Targets
PlaySide Studios Limited ( ASX:PLY ) shareholders are probably feeling a little disappointed, since its shares fell...Analysis Article • May 23
Companies Like PlaySide Studios (ASX:PLY) Can Afford To Invest In Growth
Just because a business does not make any money, does not mean that the stock will go down. For example, although...Shareholder Returns
| PLY | AU Entertainment | AU Market | |
|---|---|---|---|
| 7D | 13.6% | -0.2% | -0.6% |
| 1Y | -35.9% | -10.6% | 0.04% |
Return vs Industry: PLY underperformed the Australian Entertainment industry which returned -10.6% over the past year.
Return vs Market: PLY underperformed the Australian Market which returned 0% over the past year.
Price Volatility
| PLY volatility | |
|---|---|
| PLY Average Weekly Movement | 17.4% |
| Entertainment Industry Average Movement | 6.9% |
| Market Average Movement | 9.8% |
| 10% most volatile stocks in AU Market | 16.9% |
| 10% least volatile stocks in AU Market | 3.9% |
Stable Share Price: PLY's share price has been volatile over the past 3 months compared to the Australian market.
Volatility Over Time: PLY's weekly volatility (17%) has been stable over the past year, but is still higher than 75% of Australian stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2011 | n/a | Benn Skender | www.playsidestudios.com |
PlaySide Studios Limited engages in the development and monetization of mobile, PC, virtual reality, and console video games in Australia. The company was incorporated in 2011 and is headquartered in Port Melbourne, Australia.
PlaySide Studios Limited Fundamentals Summary
| PLY fundamental statistics | |
|---|---|
| Market cap | AU$56.73m |
| Earnings (TTM) | AU$5.38m |
| Revenue (TTM) | AU$63.11m |
10.5x
P/E Ratio0.9x
P/S RatioIs PLY overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| PLY income statement (TTM) | |
|---|---|
| Revenue | AU$63.11m |
| Cost of Revenue | AU$0 |
| Gross Profit | AU$63.11m |
| Other Expenses | AU$57.73m |
| Earnings | AU$5.38m |
Last Reported Earnings
Jun 30, 2026
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.012 |
| Gross Margin | 100.00% |
| Net Profit Margin | 8.53% |
| Debt/Equity Ratio | 11.1% |
How did PLY perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/08/22 05:14 |
| End of Day Share Price | 2026/08/21 00:00 |
| Earnings | 2026/06/30 |
| Annual Earnings | 2026/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
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.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
PlaySide Studios Limited is covered by 3 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jasper Struwig | Canaccord Genuity |
| Jules Cooper | Shaw and Partners Limited |
| Joshua Goodwill | Shaw and Partners Limited |