SharpLink Gaming (SBET) and Its Competitors Critical Comparison

SharpLink Gaming (NASDAQ: SBET) is one of 40 public companies in the “Telephone & telegraph apparatus” industry, but how does it weigh in compared to its competitors? We will compare SharpLink Gaming to related companies based on the strength of its earnings, profitability, institutional ownership, analyst recommendations, valuation, risk and dividends.

Volatility and Risk

SharpLink Gaming has a beta of 0.82, indicating that its stock price is 18% less volatile than the S&P 500. Comparatively, SharpLink Gaming’s competitors have a beta of 3.66, indicating that their average stock price is 266% more volatile than the S&P 500.

Valuation and Earnings

This table compares SharpLink Gaming and its competitors gross revenue, earnings per share (EPS) and valuation.

Gross Revenue Net Income Price/Earnings Ratio
SharpLink Gaming $4.02 million -$1.82 million -7.24
SharpLink Gaming Competitors $691.91 million -$13.54 million 67.46

SharpLink Gaming’s competitors have higher revenue, but lower earnings than SharpLink Gaming. SharpLink Gaming is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.

Profitability

This table compares SharpLink Gaming and its competitors’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
SharpLink Gaming N/A N/A N/A
SharpLink Gaming Competitors -32.20% -20.99% -4.79%

Institutional & Insider Ownership

52.8% of shares of all “Telephone & telegraph apparatus” companies are owned by institutional investors. 59.1% of SharpLink Gaming shares are owned by insiders. Comparatively, 12.5% of shares of all “Telephone & telegraph apparatus” companies are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

Analyst Ratings

This is a summary of recent ratings for SharpLink Gaming and its competitors, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
SharpLink Gaming 0 0 0 0 N/A
SharpLink Gaming Competitors 189 708 1228 44 2.52

As a group, “Telephone & telegraph apparatus” companies have a potential upside of 6.86%. Given SharpLink Gaming’s competitors higher probable upside, analysts plainly believe SharpLink Gaming has less favorable growth aspects than its competitors.

SharpLink Gaming Company Profile

SharpLink Gaming Ltd. provides an online platform facilitating sports betting. It is a online technology company that connects sports fans, leagues and sports websites to relevant and timely sports betting content. The firm’s intelligent sports betting conversion and engagement technology delivers and determines the best sportsbook betting offers and experience for each identified user. SharpLink’s solutions include affilaite marketing and sports gaming client services. The company was founded in 2019 by Christopher Nicholas and Robert Phythian and is headquartered in Minneapolis, MN.

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