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Ballys Intralot S.A. (BYLOT) Fair Value & Analysis

Consumer Discretionary · GR · Market cap €2.2B

What is Ballys Intralot S.A. really worth?

BI Ballys Intralot S.A. BYLOT · AT
Price€1.09
Fair Value€0.3315
Upside−69.6%
Quality31/100

Below-average quality, and trading another 229% above our fair value of €0.3315.

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Strengths

Moderate debt · generates free cash flow

Risks

!Mixed Growth (revenue 3y +9.7 %/yr)
!Loss-making · -8.5% net margin
!Trails peers (3/14)
!Narrow moat 30/100
!Evidence only medium, so the estimate is less certain
!The models disagree: range €0.0850 to €0.5865
!Weak on dividend: 4 out of 100
Evidence: Medium Range €0.0850 – €0.5865

Fair value as of: Aug 13, 2026

From 12 valuation models · updated 22 days ago

Share price −4.8% over the past month.

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

What matters now

  • The price sits above even our optimistic bull case (€0.5865). The favourable scenario is already priced in.
  • Weak quality (31/100) and above fair value at the same time, the margin of safety is missing on both counts.
  • The model range is unusually wide (€0.0850 to €0.5865). The outcome hinges heavily on assumptions, so read the point estimate with caution.

Price vs Fair Value (5 years)

€1.30 €0.1389 Fair Value €0.3315 May 2021 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

60‑month range €0.1389 – €1.30 · fair‑value band €0.0850 – €0.5865 · the €1.09 price screens above the €0.3315 fair value. Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

Ballys Intralot S.A. (BYLOT) currently trades at €1.09, while our model-based Fair Value estimate is €0.3315, implying the stock looks roughly 229.4% overvalued today. The Quality Score stands at 31/100 (below-average quality), in the Consumer Discretionary sector. Bull case: the DCF Models group reads highest at a median of €0.5300 per share, and 0 of the 8 models we run sit above the €1.09 price. Bear case: the Dividend Discount group reads lowest at €0.0400, and 8 of the 8 models stay below the price. Evidence for this calculation is medium.

Over the trailing twelve months, Ballys Intralot S.A. generated revenue of €691M at a net margin of −8.5%. Revenue grew 180.5% year over year. It earns a return on equity of −7.8%. Net debt stands at €1.4B. Fundamentals as of Aug 13, 2026

Our scenario range runs from €0.0850 (bear case) to €0.5865 (bull case); at €1.09, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 17% below its 52-week high and 33% above its 52-week low, currently above its 200-day average. For context, the median of 10 Consumer Discretionary peers we cover trades at −22% fair-value upside, at −70%, BYLOT screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted, family-balanced blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small. Every input is real reported data, nothing guessed.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Growth DCF best evidence €0.4900 €1.26 72
5Y EBITDA Exit €0.5300 €1.18 69
5Y Revenue Exit €0.1000 66
All 12 models by family
DCF Models
FCF DCF €0.5300 €1.38 65
5Y Revenue Exit €0.1000 66
5Y EBITDA Exit €0.5300 €1.18 69
10Y Revenue Exit €0.2900 61
10Y EBITDA Exit €0.4600 €1.15 62
Dividend Discount
Gordon GGM €0.0200 €0.0400 €0.0700 62
DDM Multi-Stage €0.0200 €0.0400 €0.0500 63
Multiples
EV/EBIT €0.1500 61
EV/EBITDA €0.0600 €0.3300 €0.6000 60
Asset-Based
NCAV (Graham) €0.3700 €0.5000 €0.7400 54
Growth DCF
Growth DCF best evidence €0.4900 €1.26 72
Rev-Margin DCF €0.1100 66

Widest divergence: DCF Models (€0.5300) versus Dividend Discount (€0.0400). Highest evidence: Growth DCF (72).

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Key figures & financial health

P/S ratio 3.18 TTM
EPS (TTM) €−0.0700
Dividend yield 0.2%
Net margin −12.6% FY2025
Return on equity −7.8% TTM
Return on assets (EBIT) 5.4% avg 5y
More key figures
Profitability
Operating margin 19.7% TTM
Growth
Revenue (TTM) €691M TTM
Revenue growth (YoY) +181% 3y avg +9.7%
Balance sheet & cash flow
Free cash flow €118M FY2025
Net debt €1.4B FY2025 · ≈ 12.2 yrs of FCF

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 31/100

Of which business quality 35 · Market factors (momentum, volatility) 54

Profitability 7
Margins and returns on capital today
Quality Growth 48
Are margins and returns improving?
Cashflow 86
Earnings quality: real cash, not paper profit
Fin. Strength 25
Balance sheet, leverage, solvency risk
Investment 34
Disciplined investing over empire-building
Low Volatility 78
Calm price path (market factor)
Momentum 46
Price trend over the last 3–12 months (market factor)
52W Momentum 43
Distance to the 52-week high (market factor)
Net Issuance 0
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Ballys Intralot S.A. reported revenue of €518M in FY2025 versus €414M in FY2021, a compound +5.8%/yr. Reported net income was −€65.2M in FY2025.

Growth Quality 57/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
€518M
Latest YoY
+34.8%
Avg. revenue growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+9.7%
Value creation/yr We only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
not computed
Revenue +5.8%/yr
FY21 €414M
FY22 €393M
FY23 €364M
FY24 €384M
FY25 €518M
Net income
FY21 €17.5M
FY22 €11.9M
FY23 €5.8M
FY24 €4.9M
FY25 −€65.2M

BYLOT screens 229% overvalued. Compare with ALWN →

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Cite: Fair Value Calculator (2026). "Ballys Intralot S.A. Fair Value". https://www.fairvalue-calculator.com/stock/BYLOT

Peer Group

Consumer Discretionary · 3805 stocks

How this stock ranks against its sector: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median. (Industry “Casinos & Gaming” was too small, so the broader sector is used.)

Quality Score 31 · Bottom 25%
Fair Value upside −70% · Bottom 25%
Return on assets 4% · Above median
Net margin (TTM) −9% · Bottom 25%
Operating margin (TTM) 20% · Top 25%
Revenue growth 181% · Top 25%
Dividend yield (TTM) 0.2% · Bottom 25%
Debt / equity 1.18× · Higher than 75% of peers

Valuation Multiples vs Consumer Discretionary median · lower = cheaper

P/B 1.86× · Pricier than median
P/S (TTM) 3.70× · Pricier than 75% of peers
P/FCF 21.7× · Pricier than 75% of peers
EV/EBITDA 18.6× · Pricier than 75% of peers
PEG 2.64× · Pricier than 75% of peers

Strength profile in five axes (Snowflake)

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE0 · sector 20
FUTURE100 · sector 14
PAST0 · sector 22
HEALTH41 · sector 96
DIVIDEND4 · sector 45

VALUE 0: the price sits above our fair-value range.

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

Gambling

Similar stocks

10 more Casinos & Gaming stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

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JD.com, Inc 89618 ¥95.45 ¥73.98 −22%
Zhong Jia Guo Xin Holdings 2997 HK$0.0990 HK$0.1466 +48%
Fameglow Holdings 8603 HK$21.78 HK$11.13 −49%
BBBY BBBY $4.15 $0.5600 −87%
SAPL SAPL ₹3,998 ₹2,275 −43%
MCCHRLSB MCCHRLSB ₹670.10 ₹142.86 −79%
RAJPALAYAM RAJPALAYAM ₹794.95 ₹1,694 +113%
ISTLTD ISTLTD ₹659.50 ₹806.60 +22%

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Frequently asked questions

Is Ballys Intralot S.A. (BYLOT) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of €0.3315 versus a price of €1.09, about −70% upside (overvalued).
What is the fair value of BYLOT?
Our model-based fair value for Ballys Intralot S.A. is €0.3315 (as of Aug 13, 2026), built from audited fundamentals. The current price: €1.09.
What is the quality score of BYLOT?
Ballys Intralot S.A. has a Quality Score of 31/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Ballys Intralot S.A. (BYLOT)?
Ballys Intralot S.A. reported trailing-twelve-month revenue of about €691M (latest available figure, as of Aug 13, 2026).
What is the net profit margin of BYLOT?
The net profit margin of Ballys Intralot S.A. is about −8.5%, meaning it is currently running at a net loss. Based on the latest reported figures.
Does Ballys Intralot S.A. pay a dividend?
Ballys Intralot S.A. currently shows a dividend yield of about 0.21% relative to its recent price (as of Aug 13, 2026).
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