DB:T07

Stock Analysis Report

Betmakers Technology Group

Executive Summary

Betmakers Technology Group Ltd, together with its subsidiaries, provides racing data, analytics, and trading solutions in Australia.

Snowflake

Fundamentals

Exceptional growth potential and slightly overvalued.

Share Price & News

How has Betmakers Technology Group's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-16.3%

T07

3.7%

DE Hospitality

1.4%

DE Market


1 Year Return

156.5%

T07

-16.3%

DE Hospitality

3.7%

DE Market

Return vs Industry: T07 exceeded the German Hospitality industry which returned -16.3% over the past year.

Return vs Market: T07 exceeded the German Market which returned 3.7% over the past year.


Shareholder returns

T07IndustryMarket
7 Day-16.3%3.7%1.4%
30 Day62.2%20.6%1.8%
90 Day367.6%26.1%3.4%
1 Year177.3%156.5%-10.6%-16.3%7.0%3.7%
3 Yearn/a16.0%0.5%18.5%8.3%
5 Yearn/a35.7%8.7%42.2%22.9%

Price Volatility Vs. Market

How volatile is Betmakers Technology Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Betmakers Technology Group undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Undervalued: T07 (€0.08) is trading below our estimate of fair value (€0.28)

Significantly Undervalued: T07 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: T07 is unprofitable, so we can't compare its PE Ratio to the Hospitality industry average.

PE vs Market: T07 is unprofitable, so we can't compare its PE Ratio to the German market.


Price to Earnings Growth Ratio

Low PEG Ratio: Insufficient data to calculate T07's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: T07 is overvalued based on its PB Ratio (3.1x) compared to the DE Hospitality industry average (2.6x).


Next Steps

Future Growth

How is Betmakers Technology Group forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

54.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: T07 is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.2%).

Earnings vs Market: T07 is forecast to become profitable over the next 3 year, which is considered above average market growth.

High Growth Earnings: T07's loss is forecast to worsen by 0% next year.

Revenue vs Market: T07's revenue (28.6% per year) is forecast to grow faster than the German market (5% per year).

High Growth Revenue: T07's revenue (28.6% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: T07's Return on Equity is forecast to be high in 3 years time (20.6%)


Next Steps

Past Performance

How has Betmakers Technology Group performed over the past 5 years?

7.4%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: T07 is unprofitable, but has reduced losses over the past 5 years at a rate of 7.4% per year.

Accelerating Growth: Unable to compare T07's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: T07 is unprofitable, making it difficult to compare its past year earnings growth to the Hospitality industry (-28.4%).


Return on Equity

High ROE: T07 has a negative Return on Equity (-18.82%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: T07 is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: T07 is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is Betmakers Technology Group's financial position?


Financial Position Analysis

Short Term Liabilities: T07's short term assets (A$1.8M) do not cover its short term liabilities (A$7.4M)

Long Term Liabilities: T07's short term assets (1.8M) do not cover its long term liabilities (4.1M)


Debt to Equity History and Analysis

Debt Level: T07 is debt free.

Reducing Debt: T07 has no debt compared to 5 years ago when its debt to equity ratio was 80.3%.


Balance Sheet

Inventory Level: T07 has a low level of unsold assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if T07's debt is covered by short term assets.


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: T07 has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if T07 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

What is Betmakers Technology Group's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.5%markettop25%3.8%industryaverage6.0%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: Unable to evaluate T07's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate T07's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if T07's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if T07'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 T07's dividend in 3 years as they are not forecast to pay a notable one for the German market.


Next Steps

Management

What is the CEO of Betmakers Technology Group's salary, the management and board of directors tenure and is there insider trading?

0.9yrs

Average management tenure


CEO

Todd Buckingham 0

0yrs

Tenure

AU$216,750

Compensation

Mr. Todd Cameron Buckingham is the Founder of TopBetta Holdings Limited and serves as its Managing Director, Chief Executive Officer and Executive Director. Mr Buckingham has more than 20 years’ experience ...


CEO Compensation Analysis

Compensation vs. Market: Insufficient data to establish whether Todd's total compensation is reasonable compared to companies of similar size in the German market.

Compensation vs Earnings: Todd's compensation has increased whilst the company is unprofitable.


Management Age and Tenure

0.9yrs

Average Tenure

Experienced Management: T07's management team is not considered experienced ( 0.9 years average tenure), which suggests a new team.


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

BuyAU$764,13319 Aug 19
JM Financial Group
EntityCompany
Shares21,466,458
Max PriceAU$0.04
SellAU$730,17216 Aug 19
IFM Investors Pty Ltd
EntityCompany
Shares19,849,388
Max PriceAU$0.043
SellAU$246,51612 Aug 19
IFM Investors Pty Ltd
EntityCompany
Shares6,486,843
Max PriceAU$0.042
BuyAU$94,24027 Jun 19
Renee Walker
EntityIndividual
Shares4,000,000
Max PriceAU$0.024
SellAU$94,24027 Jun 19
Renee Walker
EntityIndividual
Shares4,000,000
Max PriceAU$0.024
BuyAU$7,73730 Apr 19
Simon Dulhunty
EntityIndividual
Role
Member of the Board of Directors
Non-Independent Non Executive Director
Shares202,491
Max PriceAU$0.039
BuyAU$11,27818 Dec 18
Nicholas Chan
EntityIndividual
Role
Chairman of the Board
Chairman of the Board
Shares300,000
Max PriceAU$0.038

Ownership Breakdown


Management Team

  • Anthony Pullin

    Chief Financial Officer

    • Tenure: 0.9yrs
    • Compensation: AU$189.50k
  • Charly Duffy

    Company Secretary

    • Tenure: 0yrs
  • Todd Buckingham

    Founder

    • Tenure: 0yrs
    • Compensation: AU$216.75k
  • Oliver Shanahan

    Chief Information Officer

    • Tenure: 2.7yrs
    • Compensation: AU$200.47k
  • Jake Henson

    Chief Operating Officer

    • Tenure: 0.9yrs

Board Members

  • Nick Chan (56yo)

    Chairman of the Board

    • Tenure: 0yrs
    • Compensation: AU$123.62k
  • Todd Buckingham

    Founder

    • Tenure: 0yrs
    • Compensation: AU$216.75k
  • Simon Dulhunty

    Non-Independent Non Executive Director

    • Tenure: 4yrs
    • Compensation: AU$74.50k

Company Information

Betmakers Technology Group Ltd's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Betmakers Technology Group Ltd
  • Ticker: T07
  • Exchange: DB
  • Founded:
  • Industry: Casinos and Gaming
  • Sector: Consumer Services
  • Market Cap: AU$59.956m
  • Listing Market Cap: AU$36.847m
  • Shares outstanding: 413.49m
  • Website: https://www.thebetmakers.com

Location

  • Betmakers Technology Group Ltd
  • 22 Lambton Road
  • Broadmeadow
  • New South Wales
  • 2292
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BETASX (Australian Securities Exchange)YesOrdinary SharesAUAUDDec 2015
TBHCHIA (Chi-X Australia)YesOrdinary SharesAUAUDDec 2015
T07DB (Deutsche Boerse AG)YesOrdinary SharesDEEURDec 2015

Biography

Betmakers Technology Group Ltd, together with its subsidiaries, provides racing data, analytics, and trading solutions in Australia. It operates through Content & Integrity and Wholesale Wagering Products  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/18 22:07
End of Day Share Price2019/10/18 00:00
Earnings2019/06/30
Annual Earnings2019/06/30


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.