Professional
Added to YB: 2025-08-26
Pitch date: 2025-06-30
PTEC.L [neutral]
Playtech plc
-22.85%
current return
Author Info
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Company Info
Playtech plc, a technology company, operates as a gambling software, services, content, and platform technologies provider in Italy, Mexico, the United Kingdom, rest of Europe, Latin America, and internationally.
Market Cap
GBP 1.5B
Pitch Price
GBP 3.79
Price Target
N/A
Dividend
N/A
EV/EBITDA
13.30
P/E
-10.90
EV/Sales
2.03
Sector
Hotels, Restaurants and Leisure
Category
growth
Palm Harbour Capital Portfolio Holding: Playtech plc
PTEC.L (holding update): +31.7% after selling Snaitech to Flutter for €2.3B, enabling focus on core B2B gambling tech. Special dividend of €5.73/share (87% of price at announcement). Significant upside potential despite regulatory uncertainties, Mexico dispute & ownership complexities.
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