B

Bluebet Holdings Ltd
ASX:BBT

Watchlist Manager
Bluebet Holdings Ltd
ASX:BBT
Watchlist
Price: 0.35 AUD 1.45% Market Closed
Market Cap: 213.6m AUD
Section:
Relative Value
Relative Value
Valuation Multiples
Multiples Across Competitors
See Also

Relative Value

The Relative Value of one BBT stock under the Base Case scenario is 0.27 AUD. Compared to the current market price of 0.35 AUD, Bluebet Holdings Ltd is Overvalued by 22%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

BBT Relative Value
Base Case
0.27 AUD
Overvaluation 22%
Relative Value
Price
B
Worst Case
Base Case
Best Case

Valuation Multiples

2.1
P/S
P/S
Price to Sales
2.1
vs History
28
vs Industry
31
Median 3Y
1.3
Median 5Y
1.4
Industry
1.4
Forward
1.5
More Details
Negative
P/E
P/E
Price to Earnings
N/A
vs History
vs Industry
Median 3Y
-3.4
Median 5Y
-2.6
Industry
18.9
Forward
23.8
More Details
Negative
P/OCF
P/OCF
Price to OCF
N/A
vs History
vs Industry
Median 3Y
-3.8
Median 5Y
-3.3
Industry
9.4
More Details
Negative
P/FCFE
P/FCFE
Price to FCFE
N/A
vs History
vs Industry
Median 3Y
-2.5
Median 5Y
-2.2
Industry
17.9
More Details
3.6
P/B
P/B
Price to Book Value
3.6
vs History
28
vs Industry
23
Median 3Y
2.4
Median 5Y
2.4
Industry
2.1
More Details
2
EV/S
EV/S
Enterprise Value to Sales
2
vs History
21
vs Industry
41
Median 3Y
0.8
Median 5Y
0.8
Industry
1.9
Forward
1.4
More Details
4.2
EV/GP
EV/GP
Enterprise Value to Gross Profit
4.2
vs History
17
vs Industry
40
Median 3Y
1.5
Median 5Y
1.5
Industry
3.7
More Details
Negative
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
N/A
vs History
vs Industry
Median 3Y
-2.3
Median 5Y
-2
Industry
10.7
Forward
29.7
More Details
Negative
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
N/A
vs History
vs Industry
Median 3Y
-2.3
Median 5Y
-2
Industry
16.3
Forward
154.4
More Details
Negative
EV/OCF
EV/OCF
Enterprise Value to OCF
N/A
vs History
vs Industry
Median 3Y
-2.6
Median 5Y
-2.2
Industry
11.6
More Details
Negative
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
N/A
vs History
vs Industry
Median 3Y
-1.6
Median 5Y
-1.4
Industry
17.2
More Details
2.9
EV/IC
EV/IC
Enterprise Value to IC
2.9
vs History
41
vs Industry
18
Median 3Y
2.8
Median 5Y
2.7
Industry
1.3
More Details

Multiples Across Competitors

BBT Competitors Multiples
Bluebet Holdings Ltd Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
Market Cap P/S P/E EV/EBITDA EV/EBIT
AU
Bluebet Holdings Ltd
ASX:BBT
198.2m AUD 2.1 -5.3 -9.7 -9.7
IE
Flutter Entertainment PLC
LSE:FLTR
31.6B GBP 1.7 -27.3 37 52.3
US
Las Vegas Sands Corp
NYSE:LVS
27.7B USD 2.5 19.1 9.1 14.2
AU
Aristocrat Leisure Ltd
ASX:ALL
40.3B AUD 6.1 30.9 21.4 21.4
HK
Galaxy Entertainment Group Ltd
HKEX:27
132.3B HKD 3 15.1 12.6 12.6
US
DraftKings Inc
NASDAQ:DKNG
17.3B USD 3.6 -34.1 -55.3 -29.6
MO
Sands China Ltd
HKEX:1928
125.3B HKD 2.3 15.4 9.7 14.9
SE
Evolution AB (publ)
STO:EVO
155.2B SEK 6.5 11.5 8.7 9.6
ZA
Sun International Ltd
JSE:SUI
10.3B Zac 0 0 0 0
US
Scientific Games Corp
F:TJW
8.7B EUR 2.9 27.9 11.6 17.1
US
PENN Entertainment Inc
SWB:PN1
8.6B EUR 1.4 -30 25.8 88.9
P/E Multiple
Earnings Growth PEG
AU
B
Bluebet Holdings Ltd
ASX:BBT
Average P/E: 20
Negative Multiple: -5.3 		N/A N/A
IE
Flutter Entertainment PLC
LSE:FLTR
Negative Multiple: -27.3 N/A N/A
US
Las Vegas Sands Corp
NYSE:LVS
19.1
18%
1.1
AU
Aristocrat Leisure Ltd
ASX:ALL
30.9
17%
1.8
HK
Galaxy Entertainment Group Ltd
HKEX:27
15.1
15%
1
US
DraftKings Inc
NASDAQ:DKNG
Negative Multiple: -34.1 N/A N/A
MO
Sands China Ltd
HKEX:1928
15.4
21%
0.7
SE
Evolution AB (publ)
STO:EVO
11.5
10%
1.2
ZA
S
Sun International Ltd
JSE:SUI
Not Available
11%
N/A
US
S
Scientific Games Corp
F:TJW
27.9
36%
0.8
US
P
PENN Entertainment Inc
SWB:PN1
Negative Multiple: -30 N/A N/A
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
AU
B
Bluebet Holdings Ltd
ASX:BBT
Average EV/EBITDA: 17
Negative Multiple: -9.7 		N/A N/A
IE
Flutter Entertainment PLC
LSE:FLTR
37
41%
0.9
US
Las Vegas Sands Corp
NYSE:LVS
9.1
12%
0.8
AU
Aristocrat Leisure Ltd
ASX:ALL
21.4
17%
1.3
HK
Galaxy Entertainment Group Ltd
HKEX:27
12.6
24%
0.5
US
DraftKings Inc
NASDAQ:DKNG
Negative Multiple: -55.3 N/A N/A
MO
Sands China Ltd
HKEX:1928
9.7
14%
0.7
SE
Evolution AB (publ)
STO:EVO
8.7
9%
1
ZA
S
Sun International Ltd
JSE:SUI
Not Available
7%
N/A
US
S
Scientific Games Corp
F:TJW
11.6
14%
0.8
US
P
PENN Entertainment Inc
SWB:PN1
25.8
52%
0.5
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
AU
B
Bluebet Holdings Ltd
ASX:BBT
Average EV/EBIT: 28.9
Negative Multiple: -9.7 		N/A N/A
IE
Flutter Entertainment PLC
LSE:FLTR
52.3
164%
0.3
US
Las Vegas Sands Corp
NYSE:LVS
14.2
14%
1
AU
Aristocrat Leisure Ltd
ASX:ALL
21.4
11%
1.9
HK
Galaxy Entertainment Group Ltd
HKEX:27
12.6
12%
1.1
US
DraftKings Inc
NASDAQ:DKNG
Negative Multiple: -29.6 N/A N/A
MO
Sands China Ltd
HKEX:1928
14.9
15%
1
SE
Evolution AB (publ)
STO:EVO
9.6
8%
1.2
ZA
S
Sun International Ltd
JSE:SUI
Not Available
7%
N/A
US
S
Scientific Games Corp
F:TJW
17.1
18%
0.9
US
P
PENN Entertainment Inc
SWB:PN1
88.9
71%
1.3

See Also

Summary
BBT intrinsic value, competitors valuation, and company profile.
DCF Valuation
BBT stock valuation using Discount Cash Flow valuation method.
Relative Valuation
BBT stock valuation using valuation multiples.
Wall Street Estimates
BBT price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
BBT stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
Back to Top
ALPHA SPREAD
Follow us
Join more than 242,600+ value investors using Alpha Spread
Create a free account
or see our plans & pricing

Company

About Us Careers Pricing Affiliate Program Terms of Service Privacy Policy

Help

What is Intrinsic Value? Help Center Contact Us

Tools

Stock Screener Intrinsic Value Calculator DCF Value Calculator Discount Rate Calculator

Stocks

Most Undervalued Stocks Wide Economic Moat Stocks High Profitability Stocks High Solvency Stocks Most Popular Stocks

© 2025 Alpha Spread Limited. All Rights Reserved.

www.alphaspread.com is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on www.alphaspread.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. In no event shall Alpha Spread Limited be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on www.alphaspread.com, or relating to the use of, or inability to use, www.alphaspread.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance.