Playtech plc (PL8) - Net Assets
Based on the latest financial reports, Playtech plc (PL8) has net assets worth €1.54 Billion EUR (≈ $1.80 Billion USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€2.31 Billion ≈ $2.70 Billion USD) and total liabilities (€765.50 Million ≈ $894.95 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check financial resilience of Playtech plc to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €1.54 Billion |
| % of Total Assets | 66.81% |
| Annual Growth Rate | 6.36% |
| 5-Year Change | 101.69% |
| 10-Year Change | 43.98% |
| Growth Volatility | 27.57 |
Playtech plc - Net Assets Trend (2013–2024)
This chart illustrates how Playtech plc's net assets have evolved over time, based on quarterly financial data. Also explore total assets of Playtech plc for the complete picture of this company's asset base.
Annual Net Assets for Playtech plc (2013–2024)
The table below shows the annual net assets of Playtech plc from 2013 to 2024. For live valuation and market cap data, see Playtech plc stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €1.82 Billion ≈ $2.12 Billion |
-0.35% |
| 2023-12-31 | €1.82 Billion ≈ $2.13 Billion |
+7.08% |
| 2022-12-31 | €1.70 Billion ≈ $1.99 Billion |
+7.58% |
| 2021-12-31 | €1.58 Billion ≈ $1.85 Billion |
+75.70% |
| 2020-12-31 | €899.94 Million ≈ $1.05 Billion |
-26.37% |
| 2019-12-31 | €1.22 Billion ≈ $1.43 Billion |
-9.50% |
| 2018-12-31 | €1.35 Billion ≈ $1.58 Billion |
-0.58% |
| 2017-12-31 | €1.36 Billion ≈ $1.59 Billion |
+23.53% |
| 2016-12-31 | €1.10 Billion ≈ $1.29 Billion |
-12.77% |
| 2015-12-31 | €1.26 Billion ≈ $1.47 Billion |
+44.38% |
| 2014-12-31 | €873.18 Million ≈ $1.02 Billion |
-5.19% |
| 2013-12-31 | €921.02 Million ≈ $1.08 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to Playtech plc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 102.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €1.21 Billion | 66.47% |
| Other Components | €608.80 Million | 33.53% |
| Total Equity | €1.82 Billion | 100.00% |
Playtech plc Competitors by Market Cap
The table below lists competitors of Playtech plc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Storytel AB (publ)
ST:STORY-B
|
$794.34 Million |
|
SAF Holland SA
XETRA:SFQ
|
$794.40 Million |
|
STAAR Surgical Company
NASDAQ:STAA
|
$794.79 Million |
|
Ji'an Mankun Technology Co. Ltd. A
SHE:301132
|
$794.84 Million |
|
Regional Container Lines Public Company Limited
BK:RCL
|
$794.32 Million |
|
Ta Ya Electric Wire & Cable Co., Ltd.
TW:1609
|
$794.28 Million |
|
Hubeiyichang Transportation Group Co Ltd
SHE:002627
|
$794.18 Million |
|
Sparekassen Sjaelland-Fyn A/S
CO:SPKSJF
|
$794.09 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Playtech plc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,821,500,000 to 1,815,600,000, a change of -5,900,000 (-0.3%).
- Net income of 223,200,000 contributed positively to equity growth.
- Other factors decreased equity by 229,100,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €223.20 Million | +12.29% |
| Other Changes | €-229.10 Million | -12.62% |
| Total Change | €- | -0.32% |
Book Value vs Market Value Analysis
This analysis compares Playtech plc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.72x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 1.00x to 0.72x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €4.24 | €4.25 | x |
| 2018-12-31 | €4.23 | €4.25 | x |
| 2019-12-31 | €4.04 | €4.25 | x |
| 2020-12-31 | €3.01 | €4.25 | x |
| 2021-12-31 | €5.34 | €4.25 | x |
| 2022-12-31 | €5.55 | €4.25 | x |
| 2023-12-31 | €5.98 | €4.25 | x |
| 2024-12-31 | €5.91 | €4.25 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Playtech plc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 12.29%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 26.32%
- • Asset Turnover: 0.26x
- • Equity Multiplier: 1.82x
- Recent ROE (12.29%) is below the historical average (13.30%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 53.05% | 133.05% | 0.34x | 1.16x | €396.48 Million |
| 2014 | 16.08% | 30.71% | 0.36x | 1.44x | €53.08 Million |
| 2015 | 10.84% | 21.55% | 0.30x | 1.65x | €10.47 Million |
| 2016 | 17.91% | 27.24% | 0.34x | 1.93x | €85.23 Million |
| 2017 | 18.46% | 30.74% | 0.34x | 1.75x | €113.71 Million |
| 2018 | 9.22% | 9.98% | 0.40x | 2.30x | €-10.46 Million |
| 2019 | -1.60% | -1.30% | 0.49x | 2.53x | €-142.22 Million |
| 2020 | -33.05% | -27.57% | 0.35x | 3.41x | €-387.24 Million |
| 2021 | 42.67% | 55.96% | 0.33x | 2.31x | €516.51 Million |
| 2022 | 5.15% | 5.47% | 0.53x | 1.78x | €-82.50 Million |
| 2023 | 8.61% | 20.31% | 0.23x | 1.83x | €-25.35 Million |
| 2024 | 12.29% | 26.32% | 0.26x | 1.82x | €41.64 Million |
Industry Comparison
This section compares Playtech plc's net assets metrics with peer companies in the Gambling industry.
Industry Context
- Industry: Gambling
- Average net assets among peers: $16,799,870,380
- Average return on equity (ROE) among peers: 10.75%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Playtech plc (PL8) | €1.54 Billion | 53.05% | 0.50x | $794.34 Million |
| DYNAM JAPAN HOLDINGS Co. Ltd (2DJ) | $128.43 Billion | 1.41% | 1.54x | $260.37 Million |
| ENTAIN PLC UNSP.ADR/1 (6GI0) | $1.33 Billion | -50.16% | 6.07x | $4.42 Billion |
| GAMBLING.COM GRP ON (6WH) | $79.91 Million | 15.58% | 0.14x | $116.66 Million |
| Kambi Group Plc (7KB) | $161.07 Million | 4.23% | 0.16x | $296.23 Million |
| bet-at-home.com AG (ACX) | $69.29 Million | 47.07% | 0.49x | $17.94 Million |
| 888 Holdings plc (C8V) | $185.10 Million | 30.74% | 0.98x | $162.10 Million |
| Evolution Gaming Group AB (publ) (E3G) | $3.97 Billion | 31.32% | 0.35x | $10.96 Billion |
| ZEAL Network SE (TIMA) | $175.56 Million | 5.80% | 0.22x | $1.05 Billion |
About Playtech plc
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. It offers technologies across various product verticals, including casino, live casino, sports betting, virtual sports, bingo, and poker. The company also owns the intellectual property … Read more