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Enthusiast Gaming Holdings (EGLX) Fair Value & Analysis

Communication Services · CA · Market cap C$11.1M

EG Enthusiast Gaming Holdings EGLX · TO
PriceC$0.0450
Fair ValueC$0.0473
Upside+5.1%
Quality35/100
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Weak Growth
Loss-making · -121.9% net margin
Low debt · negative free cash flow
Mixed vs. peers (5/11)
Narrow moat 21/100
Evidence: Low Range C$0.0473 – C$0.0518 Share as image

Fair value as of: Aug 13, 2026

From 6 valuation models · updated yesterday

Fair value updated Aug 13, 2026, revised from C$0.0560 to C$0.0473 (−15.5%) since Jul 12, 2026. Share price −25.0% over the past month.

Below-average quality, currently priced close to our fair value.

What matters now

  • The price is below even our cautious bear case (C$0.0473). The market is more pessimistic than our downside scenario.
  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
  • The models converge in a tight band (C$0.0473 to C$0.0518), unusually little disagreement for a valuation.
  • Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.
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Price vs Fair Value (5 years)

C$8.95 C$0.0300 Fair Value C$0.0473 May 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

60‑month range C$0.0300 – C$8.95 · fair‑value band C$0.0473 – C$0.0518 · the C$0.0450 price screens below the C$0.0473 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 13, 2026.

Full chart & analysis →

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Analysis

Enthusiast Gaming Holdings (EGLX) currently trades at C$0.0450, while our model-based Fair Value estimate is C$0.0473, implying the stock looks roughly 5.1% fairly valued today. The Quality Score stands at 35/100 (below-average quality), in the Communication Services sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: low), always confirm before acting.

Trailing-twelve-month revenue stands at C$32.0M. Revenue declined 15.8% year over year. It earns a return on equity of -36.2%. Net debt stands at C$42.4M. Fundamentals as of Aug 13, 2026

Our scenario range runs from C$0.0473 (bear case) to C$0.0518 (bull case); at C$0.0450, the current price sits below that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 68% below its 52-week high and 50% above its 52-week low, currently below its 200-day average. For context, the median of 10 Communication Services peers we cover trades at -8% fair-value upside, at 5%, EGLX screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
ROIC Compounder C$0.0500 C$0.0500 C$0.0500 72
EPV C$0.0500 C$0.0500 C$0.0500 59
EV/EBITDA C$0.1400 C$0.1800 C$0.2300 54
All 6 models by family
Earnings-Based
EPV C$0.0500 C$0.0500 C$0.0500 59
Multiples
EV/EBIT C$0.0700 C$0.0800 C$0.1000 53
EV/EBITDA C$0.1400 C$0.1800 C$0.2300 54
EV/Revenue C$0.0600 C$0.0700 C$0.0900 43
Asset-Based
NCAV (Graham) C$0.0100 C$0.0100 C$0.0100 50
Economic Profit
ROIC Compounder C$0.0500 C$0.0500 C$0.0500 72

Widest divergence: Multiples (C$0.0800) versus Asset-Based (C$0.0100). Highest evidence: ROIC Compounder (72).

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Key figures & financial health

Revenue (TTM) C$32.5M
Revenue growth (YoY) +5.1%
Net margin -122%
Return on equity -41.9%
Free cash flow −C$744K FY2025
Operating margin 10.0%
More key figures
EPS (TTM) C$-0.0600
Net debt C$42.4M FY2025

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 35/100

Of which business quality 31 · Market factors (momentum, volatility) 26

Profitability 22
Margins and returns on capital today
Quality Growth 43
Are margins and returns improving?
Cashflow 6
Earnings quality: real cash, not paper profit
Fin. Strength 4
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 16
Calm price path (market factor)
Momentum 44
Price trend over the last 3–12 months (market factor)
52W Momentum 7
Distance to the 52-week high (market factor)
Net Issuance 55
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Enthusiast Gaming Holdings Inc., an integrated gaming entertainment company, engages in media and content, esports and entertainment, and subscription businesses in the United States, Canada, England and Wales, and internationally.

Full company description

Enthusiast Gaming Holdings Inc., an integrated gaming entertainment company, engages in media and content, esports and entertainment, and subscription businesses in the United States, Canada, England and Wales, and internationally. The company owns and operates websites that contain news, reviews, videos, and other video gaming related content, and casual games. It also operates Luminosity Gaming, an esports organization. In addition, the company owns and operates video game networking events. Further, it offers membership subscription to its video gaming related website, such as The Sims Resource, TSR, and FFS. Enthusiast Gaming Holdings Inc. is headquartered in Toronto, Canada.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Enthusiast Gaming Holdings reported revenue of C$32.0M in FY2025 versus C$167M in FY2021, a compound −33.9%/yr. Reported net income was −C$44.1M in FY2025.

Growth Quality 0/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
C$32.0M
Latest YoY
−55.9%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
−45.9%
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
−15.1%
Avg. growth/yr (8Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+32.4%
Revenue −33.9%/yr
FY21 C$167M
FY22 C$203M
FY23 C$178M
FY24 C$72.6M
FY25 C$32.0M
Net income
FY21 −C$52.0M
FY22 −C$76.8M
FY23 −C$118M
FY24 −C$96.0M
FY25 −C$44.1M

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Cite: Fair Value Calculator (2026). "Enthusiast Gaming Holdings Fair Value". https://www.fairvalue-calculator.com/stock/EGLX

Peer Group

Internet Content & Information · 155 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 35 · Bottom 25%
Fair Value upside +11% · Above median
Return on assets 1% · Below median
Net margin (TTM) -122% · Bottom 25%
Operating margin (TTM) 10% · Above median
Revenue growth 5% · Below median

Valuation Multiples vs Internet Content & Information median · lower = cheaper

P/B 4.51× · Pricier than 75% of peers
P/S (TTM) 0.25× · Cheaper than 75% of peers
EV/EBITDA 1.8× · Cheaper than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 48 · sector 0
FUTURE 26 · sector 31
PAST 0 · sector 10
HEALTH 100 · sector 99
DIVIDEND 0 · sector 44

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Internet Content & Information stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
Alphabet Inc GOOGL $343.54 $145.14 -58%
Meta Platforms, Inc META $578.85 $534.91 -8%
Tencent Holdings 0700 HK$461.60 HK$448.17 -3%
Spotify Technology S.A SPOT $489.60 $210.99 -57%
Reddit, Inc RDDT $153.45 $39.59 -74%
Baidu, Inc BIDU $104.84 $66.96 -36%
Kuaishou Technology, an investment holding company, 1024 HK$41.54 HK$84.61 +104%
NAVER Corporation 035420 215,500 KRW 231,585 KRW +7%
Tencent Music Entertainment Group 1698 HK$33.72 HK$66.60 +98%
Kakao Corp 035720 40,100 KRW 24,536 KRW -39%

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Frequently asked questions

Is Enthusiast Gaming Holdings (EGLX) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of C$0.0473 versus a price of C$0.0450, about +5% (fairly valued).
What is the fair value of EGLX?
Our model-based fair value for Enthusiast Gaming Holdings is C$0.0473 (as of Aug 13, 2026), built from audited fundamentals. The current price is C$0.0450.
What is the quality score of EGLX?
Enthusiast Gaming Holdings has a Quality Score of 35/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Enthusiast Gaming Holdings (EGLX)?
Enthusiast Gaming Holdings reported trailing-twelve-month revenue of about C$32.0M (latest available figure, as of Aug 13, 2026).
What is the net profit margin of EGLX?
The net profit margin of Enthusiast Gaming Holdings is about -137.7%, meaning it is currently running at a net loss. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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