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PointsBet Holdings (PBH) Fair Value & Analysis

Consumer Cyclical · AU · Market cap A$355M

PH PointsBet Holdings PBH · AU
PriceA$0.9800
Fair ValueA$0.4900
Upside-50.0%
Quality95/100
Evidence: Medium Range A$0.4000 – A$0.5900

Fair value as of: Jun 24, 2026

From 14 valuation models · updated 5 days ago

Fair value updated Jun 24, 2026 — revised from A$0.9500 to A$0.4900 (−48.4%) since Jun 23, 2026. Share price −10.7% over the past month.

Price vs Fair Value (12 months)

A$1.38 A$0.8575 Fair Value A$0.4900 Jun 2025 Jun 2026

12‑month range A$0.8575 – A$1.38 · fair‑value band A$0.4000 – A$0.5900 · the A$0.9800 price screens above the A$0.4900 fair value. As of Jun 24, 2026.

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Analysis

PointsBet Holdings (PBH) currently trades at A$0.9800, while our model-based Fair Value estimate is A$0.4900 — implying the stock looks roughly 50.0% overvalued today. We read business quality at 95/100 (high quality), in the Consumer Cyclical sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium — the entry price still matters most (evidence: medium).

Over the trailing twelve months, PointsBet Holdings generated revenue of A$255M at a net margin of -10.6%. Revenue declined 16.3% year over year. The balance sheet holds a net cash position of A$38.4M. Fundamentals as of Jun 24, 2026

Key figures & financial health

Revenue (TTM) A$255M
Revenue growth (YoY) -16.3%
Net margin -10.6%
Return on equity -144%
Free cash flow A$17.0M FY2025
Operating margin -7.8%
More key figures
EPS (TTM) A$-0.0700
Net cash A$38.4M FY2025

Figures from reported company fundamentals (EODHD) · as of Jun 24, 2026. TTM = trailing twelve months.

About the company

PointsBet Holdings Limited provides sports, racing, and iGaming betting products and services through its cloud-based technology platform in Australia. The company operates through Australian Trading and Canada Trading segments. It also provides software development services and online sports betting, as well as support services for online sports betting and iGaming. The company was founded in 2015 and is headquartered in Cremorne, Australia. As of September 12, 2025, PointsBet Holdings Limited operates as a subsidiary of MIXI Australia Pty Ltd.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

PointsBet Holdings reported revenue of A$261M in FY2025 versus A$195M in FY2021, a compound +7.6%/yr. Reported net income was −A$18.2M in FY2025.

Revenue +7.6%/yr
FY21 A$195M
FY22 A$195M
FY23 A$210M
FY24 A$245M
FY25 A$261M
Net income
FY21 −A$188M
FY22 −A$268M
FY23 −A$370M
FY24 −A$42.3M
FY25 −A$18.2M

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Frequently asked questions

Is PointsBet Holdings (PBH) undervalued?
As of Jun 24, 2026, our model estimates a fair value of A$0.4900 versus a price of A$0.9800 — about −50% (overvalued). Model-based estimate, not financial advice.
What is the fair value of PBH?
Our 21-model fair value for PointsBet Holdings is A$0.4900 (as of Jun 24, 2026), built from audited fundamentals. The current price is A$0.9800.
What is the quality score of PBH?
PointsBet Holdings has a Quality Score of 95/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of PointsBet Holdings (PBH)?
PointsBet Holdings reported trailing-twelve-month revenue of about A$255M (latest available figure, as of Jun 24, 2026).
What is the net profit margin of PBH?
The net profit margin of PointsBet Holdings is about -10.6%, 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.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.