PLAYSIDE STUDIOS LIMITED (PLY)
Share Price Analysis and Chart

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PLY - PLAYSIDE STUDIOS LIMITED

FNArena Sector : Gaming
Year End: June
GICS Industry Group : Media
Debt/EBITDA: 0.14
Index: ALL-ORDS

LAST PRICE CHANGE +/- CHANGE % VOLUME

$0.44

21 Nov
2024

-0.010

OPEN

$0.45

-2.22%

HIGH

$0.45

529,069

LOW

$0.44

TARGET
$0.90 104.5% upside
OTHER COMPANIES IN THE SAME SECTOR
AGI . ALL . BET . JIN . LNW . PBH . SGR . SKC . TAH . TLC . TLC .
FNARENA'S MARKET CONSENSUS FORECASTS
PLY: 1
Title FY23
Actual		 FY24
Actual		 FY25
Forecast		 FY26
Forecast
EPS (cps) xxx 2.8 - 0.6 xxx
DPS (cps) xxx 0.0 0.0 xxx
EPS Growth xxx N/A N/A xxx
DPS Growth xxx N/A N/A xxx
PE Ratio xxx N/A N/A xxx
Dividend Yield xxx N/A 0.0% xxx
Div Pay Ratio(%) xxx N/A N/A xxx

Dividend yield today if purchased 3 years ago: 0.00%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 0.00

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages
HISTORICAL DATA ARE ALL IN AUD
Copyright © 2024 FactSet UK Limited. All rights reserved
Title 201920202021202220232024
EPS Basic xxxxxxxxxxxxxxx2.8
DPS All xxxxxxxxxxxxxxx0.0
Sales/Revenue xxxxxxxxxxxxxxx64.6 M
Book Value Per Share xxxxxxxxxxxxxxx12.5
Net Operating Cash Flow xxxxxxxxxxxxxxx18.1 M
Net Profit Margin xxxxxxxxxxxxxxx17.50 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201920202021202220232024
Return on Capital Employed xxxxxxxxxxxxxxx25.14 %
Return on Invested Capital xxxxxxxxxxxxxxx24.49 %
Return on Assets xxxxxxxxxxxxxxx19.28 %
Return on Equity xxxxxxxxxxxxxxx25.14 %
Return on Total Capital xxxxxxxxxxxxxxx18.97 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx16.8 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 201920202021202220232024
Short-Term Debt xxxxxxxxxxxxxxx1 M
Long Term Debt xxxxxxxxxxxxxxx1 M
Total Debt xxxxxxxxxxxxxxx2 M
Goodwill - Gross xxxxxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxxxxx37 M
Price To Book Value xxxxxxxxxxxxxxx6.51

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201920202021202220232024
Capex xxxxxxxxxxxxxxx11.6 M
Capex % of Sales xxxxxxxxxxxxxxx17.94 %
Cost of Goods Sold xxxxxxxxxxxxxxx-
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx50 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx0 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

1.0

No. Of Recommendations

1
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Shaw and Partners

24/10/2024

1

Buy

$0.90

104.55%

Shaw and Partners highlights the decline of -32% in Playside Studios' share price post the FY25 cash guidance at the AGM which the analyst believes is a "massive" overreaction.

The company continues to launch new games successfully although the broker points to a mismatch between investment timing and revenue generation, notably on some of the bigger titles.

Shaw and Partners believes Playside Studios remains well funded to enable new title launches and expects new releases like Mouse to boost cash to $33m from $20m.

Investors discounting Mouse as a failure is considered an "extreme" view given the viral success to date. Buy rating reiterated. High risk. Target price is lowered to 90c from $1.

FORECAST
Shaw and Partners forecasts a full year FY25 dividend of 0.00 cents and EPS of minus -0.60 cents.
Shaw and Partners forecasts a full year FY26 dividend of 0.00 cents and EPS of 4.00 cents.
Access Stockbroker Research History >
EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

1

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Canaccord Genuity

02/09/2024

1

Buy

$1.05

138.64%

There were no material surprises within FY24 results for Playside Studios due to the recent July trading up-date, explains Canaccord Genuity.

The broker points out Playside now enters a well flagged "development period" which will see a step-up for capex, and management reiterated all existing projects can be funded on balance sheet.

The Buy rating and $1.05 target are unchanged.

FORECAST
Canaccord Genuity forecasts a full year FY25 dividend of 0.00 cents and EPS of 2.00 cents.
Canaccord Genuity forecasts a full year FY26 dividend of 0.00 cents and EPS of 2.00 cents.
Access Extra Coverage Research History >

PLY STOCK CHART

FNArena News on PLY

1
Australian Broker Call *Extra* Edition – Sep 02, 2024

Sep 02 2024 - Daily Market Reports
2
FNArena Corporate Results Monitor – 26-08-2024

Aug 26 2024 - Australia
3
FNArena Corporate Results Monitor – 23-02-2024

Feb 23 2024 - Australia
4
Australian Broker Call *Extra* Edition – Feb 09, 2024

Feb 09 2024 - Daily Market Reports
5
Australian Broker Call *Extra* Edition – Dec 20, 2023

Dec 20 2023 - Daily Market Reports

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