investorscraft@gmail.com

Intrinsic value of PlayAGS, Inc. (AGS)

Previous Close$5.04
Intrinsic Value
Upside potential
Previous Close
$5.04

VALUATION INPUT DATA (original, your and others' valuations)

ParameterOrig.Your
Date of valuation (DoV)  
Intrinsic value (IV) at DoV, $/sh  
IV at current val. algorithm, $/sh10.77 

The original valuation is based on fiscal year data as of 2021-12-31 and quarterly data as of 2022-03-31.

Registered users can save their valuation input data

  1. Annual
  2. Quarterly YoY
  3. Quarterly QoQ

Annual revenue growth rates, % (past and forecasted)

NOTE: The bar chart shows historic and forecasted yearly revenue growth rates. Its purpose is to help you in determining what initial revenue rate you want to base your stock valuation on. Please make sure that you are confident in the value you select - for most stocks it is by far the most important parameter in valuation.

Company description

PlayAGS, Inc. designs and supplies gaming products and services for the gaming industry in the United States and internationally. It operates through three segments: Electronic Gaming Machines (EGM), Table Products, and Interactive Games (Interactive). The EGM segment offers various video slot titles for the marketplace; and EGM cabinets, including the Alora, Orion Portrait, Orion Rise, Orion Upright, ICON, Big Red, and Orion Slant. This segment also provides conversion kits that allow existing game titles to be converted to other game titles offered within that operating platform. It serves Class II Native American, Mexico, and the Philippines gaming jurisdictions, as well as Class III Native American, commercial, and charitable jurisdictions. The Table Products segment offers table products, including live felt table games, side bet offerings, progressives, card shufflers, signage, and other ancillary table game equipment, as well as table technology related to blackjack, poker, baccarat, craps, and roulette. This segment also provides Dex S, a single deck card shuffler for poker tables. Its brands include In Bet, Buster Blackjack, Double Draw Poker, and Criss Cross Poker. The Interactive segment offers a platform for business-to-business content aggregation used by real-money gaming and sports-betting partners; and business-to-consumer social casino games through its mobile app, Lucky Play Casino. The company was formerly known as AP Gaming Holdco, Inc. and changed its name to PlayAGS, Inc. in December 2017. PlayAGS, Inc. was founded in 2005 and is headquartered in Las Vegas, Nevada.

show cash flow forecast

FINANCIAL STATEMENTS FORECAST and PRESENT VALUE CALCULATION

Fiscal year2021(a)2022202320242025202620272028202920302031203220332034203520362037203820392040204120422043204420452046

INCOME STATEMENT

Revenue growth rate, %55.5NaN
Revenue, $260NaN
Variable operating expenses, $mNaN
Fixed operating expenses, $mNaN
Total operating expenses, $m240NaN
Operating income, $m20NaN
EBITDA, $m94NaN
Interest expense (income), $mNaN
Earnings before tax, $m-25NaN
Tax expense, $m-2NaN
Net income, $m-23NaN

BALANCE SHEET

Cash and short-term investments, $m95NaN
Total assets, $m733NaN
Adjusted assets (=assets-cash), $m638NaN
Average production assets, $m549NaN
Working capital, $m130NaN
Total debt, $m620NaN
Total liabilities, $m691NaN
Total equity, $m42NaN
Debt-to-equity ratio14.918NaN
Adjusted equity ratio-0.070NaN

CASH FLOW

Net income, $m-23NaN
Depreciation, amort., depletion, $m74NaN
Funds from operations, $mNaN
Change in working capital, $mNaN
Cash from operations, $m77NaN
Maintenance CAPEX, $mNaN
New CAPEX, $mNaN
Total CAPEX, $m-36NaN
Free cash flow, $m114NaN
Issuance/(repurchase) of shares, $mNaN
Retained Cash Flow, $mNaN
Pot'l extraordinary dividend, $m130
Cash available for distribution, $mNaN
Discount rate, %NaN
PV of cash for distribution, $mNaN
Current shareholders' claim on cash, %NaN
HomeMenuAccount