Comparing SharpLink Gaming (SBET) and Its Competitors

SharpLink Gaming (NASDAQ: SBET) is one of 40 publicly-traded companies in the “Telephone & telegraph apparatus” industry, but how does it contrast to its rivals? We will compare SharpLink Gaming to similar businesses based on the strength of its profitability, risk, valuation, analyst recommendations, dividends, institutional ownership and earnings.

Earnings & Valuation

This table compares SharpLink Gaming and its rivals top-line revenue, earnings per share 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 rivals have higher revenue, but lower earnings than SharpLink Gaming. SharpLink Gaming is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.

Profitability

This table compares SharpLink Gaming and its rivals’ 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%

Insider & Institutional 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 hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

Risk & Volatility

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

Analyst Ratings

This is a breakdown of current ratings and recommmendations for SharpLink Gaming and its rivals, as provided 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 rivals higher probable upside, analysts plainly believe SharpLink Gaming has less favorable growth aspects than its rivals.

About SharpLink Gaming

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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