Dave & Buster's Entertainment, Inc.

NasdaqGS:PLAY Stock Report

Market Cap: US$2.0b

Dave & Buster's Entertainment Valuation

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

Valuation Score

6/6

Valuation Score 6/6

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

Below Fair Value: PLAY ($49.81) is trading below our estimate of fair value ($82.16)

Significantly Below Fair Value: PLAY is trading below fair value by more than 20%.


Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

PLAY key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue2.2x
Enterprise Value/EBITDA9.4x
PEG Ratio0.7x

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for PLAY vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average41.1x
FUN Cedar Fair
17.9x20.1%US$2.2b
BOWL Bowlero
18.1x16.2%US$1.8b
SIX Six Flags Entertainment
84.4x46.8%US$2.2b
LTH Life Time Group Holdings
43.9x28.1%US$3.2b
PLAY Dave & Buster's Entertainment
15.9x22.2%US$2.0b

Price-To-Earnings vs Peers: PLAY is good value based on its Price-To-Earnings Ratio (15.9x) compared to the peer average (41.1x).


Price to Earnings Ratio vs Industry

How does PLAY's PE Ratio compare vs other companies in the US Hospitality Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a19.6%
n/an/an/a
No. of CompaniesPE048121620

Fetching data

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a19.6%
n/an/an/a
No more companies

Price-To-Earnings vs Industry: PLAY is good value based on its Price-To-Earnings Ratio (15.9x) compared to the US Hospitality industry average (18.2x).


Price to Earnings Ratio vs Fair Ratio

What is PLAY'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.

PLAY PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio15.9x
Fair PE Ratio22x

Price-To-Earnings vs Fair Ratio: PLAY is good value based on its Price-To-Earnings Ratio (15.9x) compared to the estimated Fair Price-To-Earnings Ratio (22x).


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 PLAY forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$49.81
US$76.00
+52.6%
7.8%US$86.00US$66.00n/a7
May ’25US$52.30
US$76.00
+45.3%
7.8%US$86.00US$66.00n/a7
Apr ’25US$64.43
US$63.57
-1.3%
15.0%US$80.00US$50.00n/a7
Mar ’25US$62.48
US$60.38
-3.4%
10.6%US$75.00US$50.00n/a8
Feb ’25US$54.30
US$59.25
+9.1%
6.9%US$66.00US$50.00n/a8
Jan ’25US$53.85
US$56.63
+5.2%
11.6%US$65.00US$43.00n/a8
Dec ’24US$43.14
US$51.88
+20.2%
9.6%US$59.00US$43.00n/a8
Nov ’24US$34.16
US$51.63
+51.1%
9.0%US$57.00US$43.00n/a8
Oct ’24US$37.07
US$52.50
+41.6%
8.7%US$57.00US$43.00n/a8
Sep ’24US$39.70
US$56.11
+41.3%
11.6%US$60.00US$40.00n/a9
Aug ’24US$45.42
US$56.44
+24.3%
12.0%US$63.00US$40.00n/a9
Jul ’24US$44.56
US$56.50
+26.8%
12.7%US$63.00US$40.00n/a8
Jun ’24US$32.33
US$51.25
+58.5%
17.3%US$60.00US$38.00n/a8
May ’24US$35.53
US$53.14
+49.6%
14.8%US$60.00US$38.00US$52.307
Apr ’24US$36.79
US$53.14
+44.4%
14.8%US$60.00US$38.00US$64.437
Mar ’24US$39.92
US$52.88
+32.5%
14.5%US$62.00US$38.00US$62.488
Feb ’24US$44.10
US$52.88
+19.9%
14.5%US$62.00US$38.00US$54.308
Jan ’24US$35.44
US$52.88
+49.2%
14.5%US$62.00US$38.00US$53.858
Dec ’23US$39.19
US$52.00
+32.7%
20.2%US$66.00US$34.00US$43.149
Nov ’23US$38.05
US$52.00
+36.7%
20.2%US$66.00US$34.00US$34.169
Oct ’23US$31.03
US$53.33
+71.9%
16.5%US$66.00US$38.00US$37.079
Sep ’23US$41.73
US$53.44
+28.1%
20.8%US$68.00US$36.00US$39.709
Aug ’23US$37.93
US$53.44
+40.9%
20.8%US$68.00US$36.00US$45.429
Jul ’23US$33.71
US$57.38
+70.2%
18.8%US$68.00US$36.00US$44.568
Jun ’23US$37.95
US$57.38
+51.2%
14.7%US$68.00US$42.00US$32.338
May ’23US$45.50
US$57.38
+26.1%
14.7%US$68.00US$42.00US$35.538

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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