company background image
PLY

PlaySide StudiosASX:PLY Stock Report

Market Cap

AU$187.2m

7D

7.4%

1Y

n/a

Updated

19 Oct, 2021

Data

Company Financials +
PLY fundamental analysis
Snowflake Score
Valuation0/6
Future Growth5/6
Past Performance0/6
Financial Health5/6
Dividends0/6

PLY Overview

PlaySide Studios Limited develops mobile video games primarily in Australia.

Rewards

Earnings are forecast to grow 104.61% per year

Revenue grew by 55.3% over the past year

Risk Analysis

No risks detected for PLY from our risk checks.

Price History & Performance

Summary of all time highs, changes and price drops for PlaySide Studios
Historical stock prices
Current Share PriceAU$0.51
52 Week HighAU$0.26
52 Week LowAU$0.54
Beta0
1 Month Change32.47%
3 Month Change70.00%
1 Year Changen/a
3 Year Changen/a
5 Year Changen/a
Change since IPO64.52%

Recent News & Updates

Jul 06
We're Not Worried About PlaySide Studios' (ASX:PLY) Cash Burn

We're Not Worried About PlaySide Studios' (ASX:PLY) Cash Burn

There's no doubt that money can be made by owning shares of unprofitable businesses. For example, biotech and mining...

Mar 17
Companies Like PlaySide Studios (ASX:PLY) Can Afford To Invest In Growth

Companies Like PlaySide Studios (ASX:PLY) Can Afford To Invest In Growth

There's no doubt that money can be made by owning shares of unprofitable businesses. For example, although...

Shareholder Returns

PLYAU EntertainmentAU Market
7D7.4%1.6%1.7%
1Yn/a58.4%20.2%

Return vs Industry: Insufficient data to determine how PLY performed against the Australian Entertainment industry.

Return vs Market: Insufficient data to determine how PLY performed against the Australian Market.

Price Volatility

Is PLY's price volatile compared to industry and market?
PLY volatility
PLY Beta0
Industry Beta1.18
Market Beta1

Stable Share Price: PLY is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: PLY's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2011n/aGerry Sakkashttps://www.playsidestudios.com

PlaySide Studios Limited develops mobile video games primarily in Australia. It provides titles in a range of categories, including self-published games based on original intellectual property and games developed in collaboration with studios, such as Disney, Pixar, Warner Bros, and Nickelodeon. The company’s portfolio includes 57 titles that are delivered across 4 platforms, which consists of mobile, virtual reality, augmented reality, and PC.

PlaySide Studios Fundamentals Summary

How do PlaySide Studios's earnings and revenue compare to its market cap?
PLY fundamental statistics
Market CapAU$187.20m
Earnings (TTM)-AU$5.88m
Revenue (TTM)AU$10.88m

17.2x

P/S Ratio

-31.9x

P/E Ratio

Valuation

Is PlaySide Studios undervalued compared to its fair value and its price relative to the market?

14.75x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: PLY (A$0.51) is trading above our estimate of fair value (A$0.13)

Significantly Below Fair Value: PLY is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: PLY is unprofitable, so we can't compare its PE Ratio to the Global Entertainment industry average.

PE vs Market: PLY 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 PLY's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: PLY is overvalued based on its PB Ratio (14.7x) compared to the AU Entertainment industry average (2.9x).


Future Growth

How is PlaySide Studios forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

104.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: PLY is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.9%).

Earnings vs Market: PLY is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: PLY's is expected to become profitable in the next 3 years.

Revenue vs Market: PLY's revenue (48.3% per year) is forecast to grow faster than the Australian market (5.4% per year).

High Growth Revenue: PLY's revenue (48.3% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if PLY's Return on Equity is forecast to be high in 3 years time


Past Performance

How has PlaySide Studios performed over the past 5 years?

-3,099.5%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: PLY is currently unprofitable.

Growing Profit Margin: PLY is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if PLY's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: Unable to compare PLY's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: PLY is unprofitable, making it difficult to compare its past year earnings growth to the Entertainment industry (21.4%).


Return on Equity

High ROE: PLY has a negative Return on Equity (-46.31%), as it is currently unprofitable.


Financial Health

How is PlaySide Studios's financial position?


Financial Position Analysis

Short Term Liabilities: PLY's short term assets (A$13.0M) exceed its short term liabilities (A$3.6M).

Long Term Liabilities: PLY's short term assets (A$13.0M) exceed its long term liabilities (A$1.3M).


Debt to Equity History and Analysis

Debt Level: PLY is debt free.

Reducing Debt: PLY has not had any debt for past 5 years.


Balance Sheet


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: PLY has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if PLY has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Dividend

What is PlaySide Studios's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate PLY's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate PLY'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 PLY's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if PLY'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 PLY's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

9.8yrs

Average board tenure


CEO

Gerry Sakkas

no data

Tenure

Mr. Gerry Sakkas serves as Chief Executive Officer, Managing Director at PlaySide Studios Limited and serves as its Director since Decmeber 14, 2011. He is co-founder of PlaySide and has spent over 13 year...


Board Members

Experienced Board: PLY's board of directors are considered experienced (9.8 years average tenure).


Ownership

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.


Ownership Breakdown

Dilution of Shares: PLY only recently listed within the past 12 months.


Top Shareholders

Company Information

PlaySide Studios Limited's employee growth, exchange listings and data sources


Key Information

  • Name: PlaySide Studios Limited
  • Ticker: PLY
  • Exchange: ASX
  • Founded: 2011
  • Industry: Interactive Home Entertainment
  • Sector: Media
  • Market Cap: AU$187.202m
  • Shares outstanding: 367.06m
  • Website: https://www.playsidestudios.com

Location

  • PlaySide Studios Limited
  • 75 Crockford Street
  • Level 1
  • Port Melbourne
  • Victoria
  • 3207
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/19 15:55
End of Day Share Price2021/10/19 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


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.