Projected Income Statement: Playtech plc

Forecast Balance Sheet: Playtech plc

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Net Debt 1 557 275 283 143 -28.5 -33.9 -89.5 -185
Change - -50.63% 2.91% -49.47% -119.93% -18.95% -164.01% -106.7%
Announcement Date 24/03/22 23/03/23 27/03/24 27/03/25 26/03/26 - - -
1EUR in Million
Estimates

Cash Flow Forecast: Playtech plc

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
CAPEX 1 114.2 125.4 150 155.8 110.3 98.71 99.71 102
Change - 9.81% 19.62% 3.87% -29.2% -10.5% 1.01% 2.26%
Free Cash Flow (FCF) 1 110.8 285.5 216.9 235.3 -52.9 80.58 70.74 93.35
Change - 157.67% -24.03% 8.48% -122.48% 252.32% -12.21% 31.96%
Announcement Date 24/03/22 23/03/23 27/03/24 27/03/25 26/03/26 - - -
1EUR in Million
Estimates

Forecast Financial Ratios: Playtech plc

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028

Profitability

        
EBITDA Margin (%) 26.31% 25.32% 25.33% 26.82% 25.8% 32.52% 30.43% 31.44%
EBIT Margin (%) 15.17% 17.32% 16.46% 18.39% 13.14% 20.06% 18.37% 19.37%
EBT Margin (%) 50.19% 5.97% 13.82% 8.31% 205.43% 16.57% 12.21% 14.48%
Net margin (%) 55.96% 5.47% 6.16% -1.33% 194.39% 11.34% 9.65% 10.82%
FCF margin (%) 9.19% 17.82% 12.71% 13.13% -6.93% 9.61% 8.06% 9.94%
FCF / Net Income (%) 16.42% 325.91% 206.37% -984.52% -3.56% 84.72% 83.55% 91.87%

Profitability

        
ROA 20.07% 2.62% - 6.73% 1.61% 5.13% 5.59% 5.97%
ROE 10.3% 9.78% 8.94% 12.29% 3.02% 7.39% 7.21% 8.01%

Financial Health

        
Leverage (Debt/EBITDA) 1.76x 0.68x 0.65x 0.3x - - - -
Debt / Free cash flow 5.03x 0.96x 1.3x 0.61x - - - -

Capital Intensity

        
CAPEX / Current Assets (%) 9.47% 7.83% 8.79% 8.7% 14.44% 11.77% 11.36% 10.86%
CAPEX / EBITDA (%) 36.01% 30.92% 34.7% 32.43% 55.99% 36.19% 37.34% 34.55%
CAPEX / FCF (%) 103.07% 43.92% 69.16% 66.21% -208.51% 122.51% 140.96% 109.23%

Items per share

        
Cash flow per share 1 0.7209 1.318 1.176 1.255 0.1882 0.7397 0.8061 0.8792
Change - 82.77% -10.73% 6.68% -85% 293.04% 8.98% 9.07%
Dividend per Share 1 - - - - - - - -
Change - - - - - - - -
Book Value Per Share 1 5.283 5.651 5.928 5.542 4.539 4.791 5.07 5.397
Change - 6.97% 4.89% -6.52% -18.09% 5.55% 5.82% 6.44%
EPS 1 2.162 0.281 0.337 -0.078 4.866 0.3242 0.245 0.3137
Change - -87% 19.93% -123.15% 6,338.46% -93.34% -24.42% 28.03%
Nbr of stocks (in thousands) 298,149 299,911 303,904 305,590 292,182 277,848 277,848 277,848
Announcement Date 24/03/22 23/03/23 27/03/24 27/03/25 26/03/26 - - -
1EUR
Estimates
2026 *2027 *
P/E 14.9x 19.7x
PBR 1.01x 0.95x
EV / Sales 1.56x 1.42x
Yield - -

EPS & Dividend

Y-o-Y evolution of P/E

Year-on-year evolution of the Yield

Trader
Investor
Global
Quality
ESG MSCI
AA
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
9
Last Close Price
4.819EUR
Average target price
5.584EUR
Spread / Average Target
+15.87%

Annual profits - Rate of surprise