PlaySide Studios Limited

CHIA:PLY Stock Report

Market Cap: AU$170.1m

PlaySide Studios Valuation

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

Valuation Score

5/6

Valuation Score 5/6

  • 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 PLY when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: PLY (A$0.42) is trading below our estimate of fair value (A$0.47)

Significantly Below Fair Value: PLY is trading below fair value, but not by a significant amount.

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for PLY. This is calculated by dividing PLY's market cap by their current earnings.
What is PLY's PE Ratio?
PE Ratio15x
EarningsAU$11.31m
Market CapAU$170.08m

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for PLY vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average18.7x
BBL Brisbane Broncos
14.3xn/aAU$88.2m
HPG hipages Group Holdings
43.1x24.9%AU$155.5m
IGL IVE Group
12x19.2%AU$337.7m
SWM Seven West Media
5.4x13.2%AU$250.7m
PLY PlaySide Studios
15x20.8%AU$170.1m

Price-To-Earnings vs Peers: PLY is good value based on its Price-To-Earnings Ratio (15x) compared to the peer average (18.9x).

Price to Earnings Ratio vs Industry

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

25 CompaniesPrice / EarningsEstimated GrowthMarket Cap
PLY 15.0xIndustry Avg. 23.4xNo. of Companies45PE020406080100+
25 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: PLY is good value based on its Price-To-Earnings Ratio (15x) compared to the Global Entertainment industry average (23.5x).

Price to Earnings Ratio vs Fair Ratio

What is PLY'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.

PLY PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio15x
Fair PE Ratio22.2x

Price-To-Earnings vs Fair Ratio: PLY is good value based on its Price-To-Earnings Ratio (15x) compared to the estimated Fair Price-To-Earnings Ratio (22.2x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst PLY forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentAU$0.42
AU$0.82
+94.4%
7.6%AU$0.90AU$0.75n/a3
Nov ’25AU$0.49
AU$0.82
+66.7%
7.6%AU$0.90AU$0.75n/a3
Oct ’25AU$0.58
AU$1.02
+75.3%
2.3%AU$1.05AU$1.00n/a3
Sep ’25AU$0.61
AU$1.02
+66.7%
2.3%AU$1.05AU$1.00n/a3
Aug ’25AU$0.73
AU$1.03
+41.6%
2.3%AU$1.05AU$1.00n/a3
Jul ’25AU$0.77
AU$1.03
+34.2%
2.3%AU$1.05AU$1.00n/a3
Jun ’25AU$0.90
AU$1.03
+14.8%
2.3%AU$1.05AU$1.00n/a3
May ’25AU$0.85
AU$0.92
+7.2%
2.6%AU$0.95AU$0.90n/a3
Apr ’25AU$0.94
AU$0.92
-3.0%
2.6%AU$0.95AU$0.90n/a3
Mar ’25AU$0.92
AU$0.92
-0.4%
2.6%AU$0.95AU$0.90n/a3
Feb ’25AU$0.78
AU$0.85
+9.7%
4.8%AU$0.90AU$0.80n/a3
Jan ’25AU$0.61
AU$0.77
+24.7%
6.1%AU$0.80AU$0.70n/a3
Dec ’24AU$0.55
AU$0.77
+40.7%
6.1%AU$0.80AU$0.70n/a3
Nov ’24AU$0.43
AU$0.76
+76.0%
5.5%AU$0.80AU$0.70AU$0.493
Oct ’24AU$0.45
AU$0.76
+70.0%
5.5%AU$0.80AU$0.70AU$0.583
Sep ’24AU$0.46
AU$0.76
+66.3%
5.5%AU$0.80AU$0.70AU$0.613
Aug ’24AU$0.54
AU$0.76
+41.4%
5.5%AU$0.80AU$0.70AU$0.733
Jul ’24AU$0.35
AU$0.68
+92.5%
3.4%AU$0.70AU$0.65AU$0.773
Jun ’24AU$0.38
AU$0.68
+79.8%
3.4%AU$0.70AU$0.65AU$0.903
May ’24AU$0.37
AU$0.68
+84.7%
3.4%AU$0.70AU$0.65AU$0.853
Apr ’24AU$0.32
AU$0.72
+124.0%
8.7%AU$0.80AU$0.65AU$0.943
Mar ’24AU$0.30
AU$0.72
+138.9%
8.7%AU$0.80AU$0.65AU$0.923
Feb ’24AU$0.49
AU$0.78
+58.2%
3.0%AU$0.80AU$0.75AU$0.783
Jan ’24n/a
AU$0.88
0%
2.7%AU$0.90AU$0.85AU$0.613
Dec ’23n/a
AU$0.88
0%
2.7%AU$0.90AU$0.85AU$0.553
Nov ’23n/a
AU$0.88
0%
2.7%AU$0.90AU$0.85AU$0.433

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

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