# Playtech plc (PTEC.L) fundamentals

Data as of 2026-09-08. LSE, United Kingdom. Sector: Consumer Cyclical / Hotels, Restaurants & Leisure. Price 398p, market value 1.1 billionp.

## Valuation
- **P/E (trailing): n/a** (negative earnings). Playtech plc reported negative earnings over the last twelve months, so the P/E is not meaningful; use price-to-sales, EV/EBITDA and free-cash-flow yield instead.
- **PEG: 0.00**. A PEG of 0.00 means the P/E is low relative to expected earnings growth: the market is not paying much for that growth.
- **Price / sales: 0.8×**. Each dollar of revenue is priced at 0.8×, a low multiple typical of thin-margin businesses or out-of-favour stocks.
- **Price / book: 1.0×**. The shares trade below book value, which can signal a bargain or a balance sheet the market doubts.
- **EV / EBITDA: 10.0×**. Enterprise value is 10.0× operating earnings before depreciation, the multiple that ignores how the company is financed.
- **Free-cash-flow yield: 22.1%** (5-yr avg 0.1%). Free cash flow equals 22.1% of the market value, above its five-year average of 0.1%, so the shares are cheaper on cash than they have usually been. Above 5% is generally attractive.

## Profitability
- **Gross margin: 97.5%**. Playtech plc keeps 97.5% of revenue after the direct cost of what it sells, the kind of margin that comes with software, brands or pricing power.
- **Operating margin: -8.1%**. Operating margin is negative: the business loses money before interest and tax.
- **Net margin: 194.4%**. 194.4% of each dollar of sales reaches the bottom line.
- **Return on equity: 105.1%**. A 105.1% return on equity is extremely high; check whether buybacks or debt have shrunk the equity base, which flatters the ratio.
- **Return on invested capital: -9.2%**. Return on all capital, debt included, is -9.2%: close to or below the cost of capital, so growth may not create value.
- **Return on assets: 64.9%**. Each dollar of assets produces 64.9% of profit.

## Growth
- **Revenue growth (1 yr): -11.6%** (3-yr -22.4%/yr, 5-yr -7.0%/yr). Revenue fell 11.6% over the last year, against -7.0% a year compounded over five years: growth is slowing.
- **Free-cash-flow growth (3 yr): -44.3%/yr**. Free cash flow has compounded at -44.3% a year over three years, lagging earnings: check whether profits are turning into cash.

## Financial health
- **Debt to equity: 0.24**. Debt is 0.24 times equity: a conservative balance sheet.
- **Net debt / EBITDA: 0.1×**. It would take 0.1 years of operating earnings to repay net borrowings, within the comfortable range.
- **Interest coverage: -1.9×**. Operating profit covers interest only -1.9×: fragile.
- **Current ratio: 1.42** (quick 1.41). Current assets cover the next year's liabilities 1.42 times.
- **Altman Z-score: 2.01**. A Z-score of 2.01 is in the grey zone; not distressed, not clearly safe.
- **Piotroski F-score: 6/9**. 6 of 9 checks pass: mixed.

## Dividends
- **Dividend: none**. Playtech plc does not currently pay a dividend, but it returned 5.9% of its market value through buybacks over the last year.

## Analyst view
- **Analyst consensus: buy** (8 analysts). 8 analysts cover Playtech plc; the consensus is buy, with an average price target of 480p (+21% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): 3.9%** (YTD 45.5%, 3-mo 20.1%). The shares are up 3.9% over twelve months including dividends.
- **From 52-week high: -11.1%** (89.3% above the low). Trading 11% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 64**. An RSI of 64 is neutral.
- **Beta (1 yr): 0.51** (volatility 49%). Beta of 0.51 against the FTSE All-Share: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=PTEC.L · Page: https://foliofundamentals.com/stocks/ptec.l

Not investment advice.