PTEC

PlaytechLSE:PTEC Stock Report

Market Cap

UK£1.3b

7D

5.9%

1Y

20.3%

Updated

17 Sep, 2021

Data

Company Financials +
PTEC fundamental analysis
Snowflake Score
Valuation1/6
Future Growth4/6
Past Performance0/6
Financial Health3/6
Dividends0/6

PTEC Overview

Playtech Plc, a technology company, provides gambling software, services, content, and platform technologies worldwide.

Share Price & News

How has Playtech's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: PTEC is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: PTEC's weekly volatility (5%) has been stable over the past year.


Market Performance


7 Day Return

5.9%

PTEC

1.0%

GB Hospitality

-0.2%

GB Market


1 Year Return

20.3%

PTEC

38.2%

GB Hospitality

19.4%

GB Market

Return vs Industry: PTEC underperformed the UK Hospitality industry which returned 38.2% over the past year.

Return vs Market: PTEC matched the UK Market which returned 19.4% over the past year.


Shareholder returns

PTECIndustryMarket
7 Day5.9%1.0%-0.2%
30 Day9.4%0.6%-1.5%
90 Day-3.7%-1.4%1.3%
1 Year20.3%20.3%38.5%38.2%24.3%19.4%
3 Year-10.3%-13.5%9.3%1.8%17.6%4.5%
5 Year-43.8%-52.2%21.8%4.9%36.2%11.3%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Playtech Fundamentals Summary

How do Playtech's earnings and revenue compare to its market cap?
PTEC fundamental statistics
Market Cap€1.47b
Earnings (TTM)-€72.95m
Revenue (TTM)€1.08b

1.4x

P/S Ratio

-20.9x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
PTEC income statement (TTM)
Revenue€1.08b
Cost of Revenue€0
Gross Profit€1.08b
Expenses€1.15b
Earnings-€72.95m

Last Reported Earnings

Dec 31, 2020

Next Earnings Date

Sep 23, 2021

Earnings per share (EPS)-0.24
Gross Margin100.00%
Net Profit Margin-6.76%
Debt/Equity Ratio131.3%

How did PTEC perform over the long term?

See historical performance and comparison

Valuation

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

1.69x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: PTEC (£4.36) is trading above our estimate of fair value (£0.6)

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


Price To Earnings Ratio

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

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


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: PTEC is good value based on its PB Ratio (1.7x) compared to the GB Hospitality industry average (2.6x).


Future Growth

How is Playtech forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?

98.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: PTEC is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.9%).

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

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

Revenue vs Market: PTEC's revenue (10% per year) is forecast to grow faster than the UK market (4.9% per year).

High Growth Revenue: PTEC's revenue (10% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: PTEC's Return on Equity is forecast to be low in 3 years time (9.8%).


Past Performance

How has Playtech performed over the past 5 years?

-31.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PTEC is currently unprofitable.

Growing Profit Margin: PTEC is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: PTEC is unprofitable, and losses have increased over the past 5 years at a rate of 31% per year.

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

Earnings vs Industry: PTEC is unprofitable, making it difficult to compare its past year earnings growth to the Hospitality industry (8.7%).


Return on Equity

High ROE: PTEC has a negative Return on Equity (-8.12%), as it is currently unprofitable.


Financial Health

How is Playtech's financial position?


Financial Position Analysis

Short Term Liabilities: PTEC's short term assets (€1.4B) exceed its short term liabilities (€822.7M).

Long Term Liabilities: PTEC's short term assets (€1.4B) exceed its long term liabilities (€1.3B).


Debt to Equity History and Analysis

Debt Level: PTEC's debt to equity ratio (131.3%) is considered high.

Reducing Debt: PTEC's debt to equity ratio has increased from 36.2% to 131.3% over the past 5 years.

Debt Coverage: PTEC's debt is well covered by operating cash flow (31%).

Interest Coverage: PTEC's interest payments on its debt are not well covered by EBIT (1.1x coverage).


Balance Sheet


Dividend

What is Playtech current dividend yield, its reliability and sustainability?

1.10%

Forecast Dividend Yield


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if PTEC's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: PTEC is not paying a notable dividend for the UK market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of PTEC's dividend in 3 years as they are not forecast to pay a notable one for the UK market.


Next Steps

Management

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

5.3yrs

Average management tenure


CEO

Mor Weizer (45 yo)

14.33yrs

Tenure

€1,905,077

Compensation

Mr. Mor Weizer, also known as Mor, serves as the Chief Executive Officer of Playtech Inc. Mr. Weizer has been the Chief Executive Officer and Executive Director of Playtech plc since May 2, 2007. Mr. Weize...


CEO Compensation Analysis

Compensation vs Market: Mor's total compensation ($USD2.24M) is above average for companies of similar size in the UK market ($USD1.34M).

Compensation vs Earnings: Mor's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: PTEC's management team is seasoned and experienced (5.3 years average tenure).


Board Members

Experienced Board: PTEC's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.


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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Playtech plc's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Playtech plc
  • Ticker: PTEC
  • Exchange: LSE
  • Founded: 1999
  • Industry: Casinos and Gaming
  • Sector: Consumer Services
  • Market Cap: UK£1.253b
  • Shares outstanding: 297.60m
  • Website: https://www.playtech.com

Number of Employees


Location

  • Playtech plc
  • St George’s Court
  • Ground Floor
  • Douglas
  • IM1 1EE
  • Isle of Man

Listings


Biography

Playtech Plc, a technology company, provides gambling software, services, content, and platform technologies worldwide. The company offers technologies across various product verticals, including casino, l...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/17 17:34
End of Day Share Price2021/09/17 00:00
Earnings2020/12/31
Annual Earnings2020/12/31


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.