Betmakers Technology Group Ltd
ASX:BET

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Betmakers Technology Group Ltd
ASX:BET
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Price: 0.105 AUD 6.06%
Market Cap: 101.9m AUD
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Relative Value

The Relative Value of one BET stock under the Base Case scenario is 0.13 AUD. Compared to the current market price of 0.105 AUD, Betmakers Technology Group Ltd is Undervalued by 19%.

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.

BET Relative Value
Base Case
0.13 AUD
Undervaluation 19%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

1.1
P/S
P/S
Price to Sales
1.1
vs History
85
vs Industry
63
Median 3Y
1.4
Median 5Y
7.1
Industry
1.4
Forward
0.8
More Details
Negative
P/E
P/E
Price to Earnings
N/A
vs History
vs Industry
Median 3Y
-2.8
Median 5Y
-9.7
Industry
20.2
Forward
-13.4
More Details
31.6
P/OCF
P/OCF
Price to OCF
31.6
vs History
11
vs Industry
Median 3Y
-4.4
Median 5Y
-12.5
Industry
9.8
More Details
Negative
P/FCFE
P/FCFE
Price to FCFE
N/A
vs History
vs Industry
Median 3Y
-6.8
Median 5Y
-19.9
Industry
18.6
More Details
0.9
P/B
P/B
Price to Book Value
0.9
vs History
79
vs Industry
72
Median 3Y
0.9
Median 5Y
2.2
Industry
2.2
More Details
0.9
EV/S
EV/S
Enterprise Value to Sales
0.9
vs History
77
vs Industry
81
Median 3Y
1
Median 5Y
5.2
Industry
1.9
Forward
0.7
More Details
1.4
EV/GP
EV/GP
Enterprise Value to Gross Profit
1.4
vs History
76
vs Industry
82
Median 3Y
1.5
Median 5Y
7.5
Industry
3.8
More Details
Negative
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
N/A
vs History
vs Industry
Median 3Y
-2.2
Median 5Y
-6.5
Industry
10.7
Forward
15.4
More Details
Negative
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
N/A
vs History
vs Industry
Median 3Y
-2.2
Median 5Y
-6.5
Industry
16.5
Forward
-8.8
More Details
25.6
EV/OCF
EV/OCF
Enterprise Value to OCF
25.6
vs History
11
vs Industry
Median 3Y
-2.8
Median 5Y
-8.6
Industry
11.9
More Details
Negative
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
N/A
vs History
vs Industry
Median 3Y
-5.3
Median 5Y
-19.8
Industry
17.4
More Details
0.6
EV/IC
EV/IC
Enterprise Value to IC
0.6
vs History
74
vs Industry
83
Median 3Y
0.6
Median 5Y
2.1
Industry
1.3
More Details

Multiples Across Competitors

BET Competitors Multiples
Betmakers Technology Group Ltd Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
AU
Betmakers Technology Group Ltd
ASX:BET
95.5m AUD 1.1 -2.6 -4.4 -4.4
IE
Flutter Entertainment PLC
LSE:FLTR
37.2B GBP 2 -32.1 42.9 60.5
US
Las Vegas Sands Corp
NYSE:LVS
37.5B USD 3.3 24.9 11.4 17.3
AU
Aristocrat Leisure Ltd
ASX:ALL
43.2B AUD 6.5 33.1 22.9 22.9
MO
Sands China Ltd
HKEX:1928
173.2B HKD 3.1 21.1 12.8 19.8
HK
Galaxy Entertainment Group Ltd
HKEX:27
148B HKD 3.6 17.8 17.5 17.5
US
DraftKings Inc
NASDAQ:DKNG
18.7B USD 4.1 -44.8 -82.7 -38.6
SE
Evolution AB (publ)
STO:EVO
171.3B SEK 7.2 13 9.9 11
ZA
Sun International Ltd
JSE:SUI
10.9B Zac 0 0 0 0
ZA
Tsogo Sun Gaming Ltd
JSE:TSG
10.6B Zac 0 0 0 0
US
MGM Resorts International
NYSE:MGM
10.2B USD 0.6 11.3 5.4 7.9
P/E Multiple
Earnings Growth P/E to Growth
AU
Betmakers Technology Group Ltd
ASX:BET
Average P/E: 20.2
Negative Multiple: -2.6 		N/A N/A
IE
Flutter Entertainment PLC
LSE:FLTR
Negative Multiple: -32.1 N/A N/A
US
Las Vegas Sands Corp
NYSE:LVS
24.9
87%
0.3
AU
Aristocrat Leisure Ltd
ASX:ALL
33.1
59%
0.6
MO
Sands China Ltd
HKEX:1928
21.1
152%
0.1
HK
Galaxy Entertainment Group Ltd
HKEX:27
17.8
88%
0.2
US
DraftKings Inc
NASDAQ:DKNG
Negative Multiple: -44.8 N/A N/A
SE
Evolution AB (publ)
STO:EVO
13
41%
0.3
ZA
S
Sun International Ltd
JSE:SUI
Not Available
38%
N/A
ZA
T
Tsogo Sun Gaming Ltd
JSE:TSG
Not Available N/A N/A
US
MGM Resorts International
NYSE:MGM
11.3
-27%
N/A
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
AU
Betmakers Technology Group Ltd
ASX:BET
Average EV/EBITDA: 17.5
Negative Multiple: -4.4 		N/A N/A
IE
Flutter Entertainment PLC
LSE:FLTR
42.9
176%
0.2
US
Las Vegas Sands Corp
NYSE:LVS
11.4
45%
0.3
AU
Aristocrat Leisure Ltd
ASX:ALL
22.9
59%
0.4
MO
Sands China Ltd
HKEX:1928
12.8
50%
0.3
HK
Galaxy Entertainment Group Ltd
HKEX:27
17.5
78%
0.2
US
DraftKings Inc
NASDAQ:DKNG
Negative Multiple: -82.7 N/A N/A
SE
Evolution AB (publ)
STO:EVO
9.9
51%
0.2
ZA
S
Sun International Ltd
JSE:SUI
Not Available
23%
N/A
ZA
T
Tsogo Sun Gaming Ltd
JSE:TSG
Not Available N/A N/A
US
MGM Resorts International
NYSE:MGM
5.4
106%
0.1
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
AU
Betmakers Technology Group Ltd
ASX:BET
Average EV/EBIT: 22.4
Negative Multiple: -4.4 		N/A N/A
IE
Flutter Entertainment PLC
LSE:FLTR
60.5
1 731%
0
US
Las Vegas Sands Corp
NYSE:LVS
17.3
53%
0.3
AU
Aristocrat Leisure Ltd
ASX:ALL
22.9
35%
0.6
MO
Sands China Ltd
HKEX:1928
19.8
73%
0.3
HK
Galaxy Entertainment Group Ltd
HKEX:27
17.5
95%
0.2
US
DraftKings Inc
NASDAQ:DKNG
Negative Multiple: -38.6 N/A N/A
SE
Evolution AB (publ)
STO:EVO
11
53%
0.2
ZA
S
Sun International Ltd
JSE:SUI
Not Available
24%
N/A
ZA
T
Tsogo Sun Gaming Ltd
JSE:TSG
Not Available N/A N/A
US
MGM Resorts International
NYSE:MGM
7.9
13%
0.6

See Also

Summary
BET intrinsic value, competitors valuation, and company profile.
DCF Valuation
BET stock valuation using Discount Cash Flow valuation method.
Relative Valuation
BET stock valuation using valuation multiples.
Wall Street Estimates
BET 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
BET 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
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