Betr Entertainment (ASX:BBT) Enterprise Value: A$171.2 Mil (As of Jun. 29, 2026) ***


ASX:BBT Betr Entertainment Ltd ASX:BBT
31 GF Score
Price A$0.17
GF Value A$0.13
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Betr Entertainment Enterprise Value?

Betr Entertainment ASX:BBT 31 Enterprise Value is A$171.2 Mil as of Jun. 29, 2026. GuruFocus rates ASX:BBT with a GF Score™ of 31/100 and a GF Value™ of A$0.13 (Modestly Overvalued). The stock has 7 warning signs investors should review.

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Betr Entertainment's Enterprise Value is A$171.2 Mil. Betr Entertainment's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was A$-45.1 Mil. Therefore, Betr Entertainment's EV-to-EBIT ratio for today is -3.80.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Betr Entertainment's Enterprise Value is A$171.2 Mil. Betr Entertainment's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was A$-33.7 Mil. Therefore, Betr Entertainment's EV-to-EBITDA ratio for today is -5.07.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Betr Entertainment's Enterprise Value is A$171.2 Mil. Betr Entertainment's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was A$152.6 Mil. Therefore, Betr Entertainment's EV-to-Revenue ratio for today is 1.12.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Betr Entertainment's Enterprise Value is A$171.2 Mil. Betr Entertainment's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was A$-23.6 Mil. Therefore, Betr Entertainment's EV-to-OCF ratio for today is -7.24.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Betr Entertainment's Enterprise Value is A$171.2 Mil. Betr Entertainment's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was A$-32.1 Mil. Therefore, Betr Entertainment's EV-to-FCF ratio for today is -5.34.

*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.


Betr Entertainment  (ASX:BBT) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

Betr Entertainment's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=171.246/-45.078
=-3.80

Betr Entertainment's current Enterprise Value is A$171.2 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Betr Entertainment's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was A$-45.1 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Betr Entertainment's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=171.246/-33.746
=-5.07

Betr Entertainment's current Enterprise Value is A$171.2 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Betr Entertainment's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was A$-33.7 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Betr Entertainment's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=171.246/152.565
=1.12

Betr Entertainment's current Enterprise Value is A$171.2 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Betr Entertainment's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was A$152.6 Mil.

4. EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations.

Betr Entertainment's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=171.246/-23.64
=-7.24

Betr Entertainment's current Enterprise Value is A$171.2 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Betr Entertainment's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was A$-23.6 Mil.

5. EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow.

Betr Entertainment's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=171.246/-32.082
=-5.34

Betr Entertainment's current Enterprise Value is A$171.2 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Betr Entertainment's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was A$-32.1 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Betr Entertainment Enterprise Value Related Terms


Betr Entertainment Enterprise Value Historical Data

* Premium members only.

The historical data trend for Betr Entertainment's Enterprise Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Betr Entertainment Enterprise Value Chart

Betr Entertainment Annual Data
Trend Jun22 Jun23 Jun24 Jun25
Enterprise Value
54.04 14.28 31.39 210.77

Betr Entertainment Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.43 31.39 159.82 210.77 207.01

ASX:BBT vs FLUT, DKNG, SGHC: Enterprise Value Comparison

For the Gambling subindustry, Betr Entertainment's Enterprise Value, along with its competitors' market caps and Enterprise Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Betr Entertainment Enterprise Value vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Betr Entertainment's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Betr Entertainment's Enterprise Value falls into.


ASX:BBT
31GF Score
Betr Entertainment Ltd ASX:BBT
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Betr Entertainment Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Betr Entertainment's Enterprise Value for the fiscal year that ended in Jun. 2025 is calculated as

Betr Entertainment's Enterprise Value for the quarter that ended in Dec. 2025 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Enterprise Value →
What does a Enterprise Value of A$171.2 Mil mean?
Betr Entertainment (ASX:BBT) has a Enterprise Value of A$171.2 Mil as of Jun. 29, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Betr Entertainment and its competitors.
Is Betr Entertainment's Enterprise Value too high?
Betr Entertainment's current Enterprise Value is A$171.2 Mil. Overall, Betr Entertainment has a GF Score™ of 31/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Betr Entertainment's Enterprise Value compare to FLUT and DKNG?
Betr Entertainment's Enterprise Value of A$171.2 Mil can be compared against companies in the Travel & Leisure industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for a Travel & Leisure company?
A good Enterprise Value depends on the Travel & Leisure industry context. However, Enterprise Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Betr Entertainment and its competitors. Betr Entertainment's current Enterprise Value is A$171.2 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Betr Entertainment stock overvalued right now?
Based on GuruFocus' analysis, Betr Entertainment (ASX:BBT) is currently considered Modestly Overvalued. The stock's GF Value™ is A$0.13, compared to a current price of A$0.17 — trading 26.9% above its estimated fair value. The current Enterprise Value is A$171.2 Mil. Betr Entertainment's overall GF Score™ is 31/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Betr Entertainment (ASX:BBT), the current Enterprise Value is A$171.2 Mil as of Jun. 29, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Betr Entertainment (ASX:BBT) Overvalued in 2026?

Based on GuruFocus' analysis, Betr Entertainment stock appears to be overvalued. The current stock price of A$0.17 is trading 26.9% above its estimated GF Value™ of A$0.13. GuruFocus considers Betr Entertainment to be Modestly Overvalued.

Key valuation signals for ASX:BBT:

  • Enterprise Value: A$171.2 Mil
  • GF Value™: A$0.13 vs. price of A$0.17 (26.9% above fair value)
  • GF Score™: 31/100 with 7 warning signs

No single metric tells the full story. See the ASX:BBT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Betr Entertainment Business Description

Other Exchanges 9RT:Germany
Address 8 Spring Street, Level 9, Sydney, NSW, AUS, 2000
Betr Entertainment Ltd is engaged in offering sports and racing betting products and services to online and telephone clients, via its online wagering platform and mobile applications. Its main product line includes sports, horse racing, greyhound racing, harness racing, and on-track bets. The company generates its income from wagering revenue. The group's operating segments are: Australia, which generates the maximum revenue, and Corporate.
31GF Score

Get the complete analysis for ASX:BBT

Enterprise Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$0.17
Price
A$0.13
GF Value