Added to YB: 2024-08-01
Pitch date: 2024-07-28
PTEC.L [bullish]
Playtech plc
+36.64%
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 2.14
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
special_situation
Mid Year 2024 Review +10.5% / 9.3% a few new ideas - Playtech plc
PTEC.L: Gambling software co, 2021 bid target @680p, now 559p. 80-90p FCF/share. Partner disputes. Israel presence risky. Tech valuation concerns, but potential buyout target. Trimmed position due to market risks. Awaiting acquisition by higher-rated gambling firm.
Read full article (1 min)