Playags Stock Beta

AGS Stock

USD 11.62 0.01 0.09%

PlayAGS fundamentals help investors to digest information that contributes to PlayAGS's financial success or failures. It also enables traders to predict the movement of PlayAGS Stock. The fundamental analysis module provides a way to measure PlayAGS's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to PlayAGS stock.

Other Current Liab Total Assets

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PlayAGS Company Beta Analysis

PlayAGS's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.

Beta

Covariance

Variance

More About Beta | All Equity Analysis

Current PlayAGS Beta

2.35

Most of PlayAGS's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, PlayAGS is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

PlayAGS Beta Driver Correlations

Understanding the fundamental principles of building solid financial models for PlayAGS is extremely important. It helps to project a fair market value of PlayAGS Stock properly, considering its historical fundamentals such as Beta. Since PlayAGS's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of PlayAGS's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of PlayAGS's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Short Term Investments	Total Liab	Total Current Assets	Intangible Assets	Common Stock	Current Deferred Revenue	Good Will	Short Term Debt	Net Tangible Assets	Long Term Debt	Long Term Debt Total	Capital Surpluse	Deferred Long Term Liab	Short Long Term Debt	Property Plant Equipment	Cash And Equivalents	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.44	0.98	-0.64	0.85	0.83	0.64	0.98	0.83	0.86	-0.8	0.88	0.99	0.94	-0.65	0.97	0.96	0.8	0.22	0.96	0.89	0.51	0.11	0.61	0.37
Total Stockholder Equity	0.44		0.31	-0.04	0.41	0.42	0.25	0.27	0.4	0.42	-0.56	0.36	0.34	0.22	-0.12	0.22	0.22	0.45	0.21	0.22	0.51	0.21	0.18	0.32	0.11
Net Debt	0.98	0.31		-0.6	0.82	0.78	0.61	0.99	0.76	0.86	-0.82	0.88	0.97	0.94	-0.7	0.97	0.97	0.72	0.21	0.97	0.83	0.43	0.05	0.52	0.36
Retained Earnings	-0.64	-0.04	-0.6		-0.62	-0.84	-0.76	-0.68	-0.86	-0.2	0.28	-0.45	-0.74	-0.78	0.35	-0.71	-0.73	-0.88	0.32	-0.66	-0.71	-0.68	0.13	-0.86	-0.73
Accounts Payable	0.85	0.41	0.82	-0.62		0.79	0.73	0.83	0.73	0.67	-0.63	0.7	0.85	0.73	-0.54	0.8	0.77	0.73	-0.1	0.76	0.87	0.4	0.14	0.49	0.24
Net Receivables	0.83	0.42	0.78	-0.84	0.79		0.77	0.8	0.91	0.46	-0.58	0.65	0.87	0.84	-0.53	0.79	0.82	0.97	-0.14	0.74	0.92	0.51	0.08	0.76	0.57
Short Term Investments	0.64	0.25	0.61	-0.76	0.73	0.77		0.64	0.81	0.28	-0.51	0.34	0.67	0.69	-0.36	0.62	0.61	0.79	-0.21	0.57	0.6	0.61	0.01	0.7	0.49
Total Liab	0.98	0.27	0.99	-0.68	0.83	0.8	0.64		0.81	0.83	-0.74	0.87	0.99	0.96	-0.67	0.99	0.99	0.76	0.2	0.99	0.85	0.51	0.08	0.59	0.37
Total Current Assets	0.83	0.4	0.76	-0.86	0.73	0.91	0.81	0.81		0.44	-0.59	0.64	0.85	0.87	-0.38	0.8	0.82	0.97	-0.13	0.76	0.8	0.81	0.16	0.92	0.55
Intangible Assets	0.86	0.42	0.86	-0.2	0.67	0.46	0.28	0.83	0.44		-0.75	0.83	0.79	0.7	-0.65	0.81	0.78	0.39	0.54	0.85	0.67	0.16	0.06	0.17	0.06
Common Stock	-0.8	-0.56	-0.82	0.28	-0.63	-0.58	-0.51	-0.74	-0.59	-0.75		-0.72	-0.72	-0.7	0.5	-0.7	-0.69	-0.55	-0.17	-0.69	-0.62	-0.34	-0.01	-0.42	-0.3
Current Deferred Revenue	0.88	0.36	0.88	-0.45	0.7	0.65	0.34	0.87	0.64	0.83	-0.72		0.87	0.8	-0.74	0.87	0.87	0.6	0.3	0.87	0.75	0.36	0.02	0.44	0.29
Good Will	0.99	0.34	0.97	-0.74	0.85	0.87	0.67	0.99	0.85	0.79	-0.72	0.87		0.96	-0.67	0.98	0.98	0.84	0.16	0.97	0.9	0.52	0.05	0.65	0.44
Short Term Debt	0.94	0.22	0.94	-0.78	0.73	0.84	0.69	0.96	0.87	0.7	-0.7	0.8	0.96		-0.59	0.96	0.97	0.84	0.16	0.95	0.8	0.59	0.0	0.71	0.54
Net Tangible Assets	-0.65	-0.12	-0.7	0.35	-0.54	-0.53	-0.36	-0.67	-0.38	-0.65	0.5	-0.74	-0.67	-0.59		-0.69	-0.69	-0.38	-0.29	-0.69	-0.59	0.0	0.29	-0.16	-0.35
Long Term Debt	0.97	0.22	0.97	-0.71	0.8	0.79	0.62	0.99	0.8	0.81	-0.7	0.87	0.98	0.96	-0.69		0.99	0.75	0.18	0.99	0.84	0.52	-0.01	0.6	0.44
Long Term Debt Total	0.96	0.22	0.97	-0.73	0.77	0.82	0.61	0.99	0.82	0.78	-0.69	0.87	0.98	0.97	-0.69	0.99		0.78	0.17	0.99	0.85	0.52	-0.01	0.63	0.47
Capital Surpluse	0.8	0.45	0.72	-0.88	0.73	0.97	0.79	0.76	0.97	0.39	-0.55	0.6	0.84	0.84	-0.38	0.75	0.78		-0.17	0.7	0.86	0.68	0.1	0.89	0.61
Deferred Long Term Liab	0.22	0.21	0.21	0.32	-0.1	-0.14	-0.21	0.2	-0.13	0.54	-0.17	0.3	0.16	0.16	-0.29	0.18	0.17	-0.17		0.27	-0.04	-0.22	0.01	-0.27	-0.2
Short Long Term Debt	0.96	0.22	0.97	-0.66	0.76	0.74	0.57	0.99	0.76	0.85	-0.69	0.87	0.97	0.95	-0.69	0.99	0.99	0.7	0.27		0.81	0.49	-0.02	0.56	0.41
Property Plant Equipment	0.89	0.51	0.83	-0.71	0.87	0.92	0.6	0.85	0.8	0.67	-0.62	0.75	0.9	0.8	-0.59	0.84	0.85	0.86	-0.04	0.81		0.4	0.08	0.61	0.44
Cash And Equivalents	0.51	0.21	0.43	-0.68	0.4	0.51	0.61	0.51	0.81	0.16	-0.34	0.36	0.52	0.59	0.0	0.52	0.52	0.68	-0.22	0.49	0.4		0.14	0.91	0.42
Net Invested Capital	0.11	0.18	0.05	0.13	0.14	0.08	0.01	0.08	0.16	0.06	-0.01	0.02	0.05	0.0	0.29	-0.01	-0.01	0.1	0.01	-0.02	0.08	0.14		0.01	-0.68
Net Working Capital	0.61	0.32	0.52	-0.86	0.49	0.76	0.7	0.59	0.92	0.17	-0.42	0.44	0.65	0.71	-0.16	0.6	0.63	0.89	-0.27	0.56	0.61	0.91	0.01		0.67
Capital Stock	0.37	0.11	0.36	-0.73	0.24	0.57	0.49	0.37	0.55	0.06	-0.3	0.29	0.44	0.54	-0.35	0.44	0.47	0.61	-0.2	0.41	0.44	0.42	-0.68	0.67

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In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.

Competition

Predict PlayAGS

In accordance with the recently published financial statements, PlayAGS has a Beta of 2.353. This is 180.12% higher than that of the Hotels, Restaurants & Leisure sector and 68.07% higher than that of the Consumer Discretionary industry. The beta for all United States stocks is notably lower than that of the firm.

PlayAGS Beta Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses PlayAGS's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of PlayAGS could also be used in its relative valuation, which is a method of valuing PlayAGS by comparing valuation metrics of similar companies.

PlayAGS is currently under evaluation in beta category among its peers.

PlayAGS ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, PlayAGS's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to PlayAGS's managers, analysts, and investors.

Environmental

Governance

Social

PlayAGS Institutional Holders

Institutional Holdings refers to the ownership stake in PlayAGS that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of PlayAGS's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing PlayAGS's value.

		Shares
Geode Capital Management, Llc	2024-09-30	873.5 K
State Street Corp	2024-06-30	742.1 K
Springbok Capital Management, Llc	2024-09-30	598.9 K
Adage Capital Partners Gp Llc	2024-06-30	582 K
Qube Research & Technologies	2024-06-30	573.5 K
Hsbc Holdings Plc	2024-06-30	474.8 K
Capula Management Ltd	2024-06-30	431.3 K
Two Sigma Advisers, Llc	2024-06-30	416.7 K
Gabelli Funds Llc	2024-09-30	387.3 K
Blackrock Inc	2024-06-30	3.3 M
Arrowmark Colorado Holdings, Llc (arrowmark Partners)	2024-09-30	2.5 M

As the market goes up, the company is expected to outperform it. However, if the market returns are negative, PlayAGS will likely underperform.

PlayAGS Fundamentals

	Return On Equity	0.11
	Return On Asset	0.0635
	Profit Margin	0.02 %
	Operating Margin	0.18 %
	Current Valuation	977.88 M
	Shares Outstanding	40.93 M
	Shares Owned By Insiders	3.79 %
	Shares Owned By Institutions	78.39 %
	Number Of Shares Shorted	699.62 K
	Price To Earning	(33.74) X
	Price To Book	6.74 X
	Price To Sales	1.24 X
	Revenue	356.54 M
	Gross Profit	223.31 M
	EBITDA	135.78 M
	Net Income	428 K
	Cash And Equivalents	37.89 M
	Cash Per Share	1.27 X
	Total Debt	564.98 M
	Current Ratio	2.26 X
	Book Value Per Share	1.74 X
	Cash Flow From Operations	86.2 M
	Short Ratio	3.82 X
	Earnings Per Share	0.17 X
	Price To Earnings To Growth	(0.29) X
	Target Price	12.63
	Number Of Employees	883
	Beta	2.35
	Market Capitalization	477.21 M
	Total Asset	680.34 M
	Retained Earnings	(353.04 M)
	Working Capital	117.79 M
	Current Asset	51.74 M
	Current Liabilities	45.78 M
	Net Asset	680.34 M

About PlayAGS Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze PlayAGS's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of PlayAGS using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of PlayAGS based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

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Additional Tools for PlayAGS Stock Analysis

When running PlayAGS's price analysis, check to measure PlayAGS's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy PlayAGS is operating at the current time. Most of PlayAGS's value examination focuses on studying past and present price action to predict the probability of PlayAGS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PlayAGS's price. Additionally, you may evaluate how the addition of PlayAGS to your portfolios can decrease your overall portfolio volatility.

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