PlayAGS [AGS] vs Sharplink Gaming [SBET] Detailed Stock Comparison

TLDR: Quick Comparison Summary

Based on 20 vital metrics comparison: PlayAGS Inc. wins in 12 metrics, Sharplink Gaming Inc. wins in 6 metrics, with 1 ties. PlayAGS Inc. appears stronger overall.

View Metrics Details

Vital Metrics Comparison

Metric PlayAGS Inc. Sharplink Gaming Inc. Better
P/E Ratio (TTM) 10.67 0.50 Sharplink Gaming Inc.
Price-to-Book Ratio 4.37 0.59 Sharplink Gaming Inc.
Debt-to-Equity Ratio 464.10 0.00 Tie
PEG Ratio 16.08 3.67 Sharplink Gaming Inc.
EV/EBITDA 6.56 -1.93 PlayAGS Inc.
Profit Margin (TTM) 12.83% 93.22% Sharplink Gaming Inc.
Operating Margin (TTM) 18.08% -4,657.07% PlayAGS Inc.
EBITDA Margin (TTM) 18.08% N/A N/A
Return on Equity 53.08% -60.68% PlayAGS Inc.
Return on Assets (TTM) 6.38% -37.69% PlayAGS Inc.
Free Cash Flow (TTM) $29.31M $-17.55M PlayAGS Inc.
1-Year Return 9.85% -40.17% PlayAGS Inc.
Price-to-Sales Ratio (TTM) 1.31 51.37 PlayAGS Inc.
Enterprise Value $1.01B $1.41B Sharplink Gaming Inc.
EV/Revenue Ratio 2.58 50.35 PlayAGS Inc.
Gross Profit Margin (TTM) 71.26% 97.63% Sharplink Gaming Inc.
Revenue per Share (TTM) $10 $0 PlayAGS Inc.
Earnings per Share (Diluted) $1.16 $-7.27 PlayAGS Inc.
Beta (Stock Volatility) 1.48 11.76 PlayAGS Inc.
Short % of Float 2.48% 12.15% PlayAGS Inc.

PlayAGS Inc. vs Sharplink Gaming Inc. Stock Performance Analysis

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Performance Comparison

Short-term Returns

Stock1D1W1M3M6MYTD
PlayAGS Inc.0.08%0.81%2.21%4.78%4.78%4.78%
Sharplink Gaming Inc.5.26%5.07%-13.69%-29.27%-39.01%-40.14%

Long-term Returns

Stock1Y3Y5Y10Y15Y20Y
PlayAGS Inc.9.85%137.45%264.14%-32.49%-32.49%-32.49%
Sharplink Gaming Inc.-40.17%-82.20%-99.18%-99.25%-99.49%-99.86%

Performance & Financial Health Analysis: PlayAGS Inc. vs Sharplink Gaming Inc.

MetricAGSSBET
Market Information
Market Cap i$513.84M$1.44B
Market Cap CategorySmall capSmall cap
10 Day Avg. Volume i510,7008,489,286
90 Day Avg. Volume i492,6107,228,912
Last Close$12.49$5.80
52 Week Range$11.09 - $12.51$5.06 - $40.46
% from 52W High-0.16%-85.66%
All-Time High$32.80 (Sep 03, 2018)$710.00 (Mar 06, 2000)
% from All-Time High-61.92%-99.18%
Growth Metrics
Quarterly Revenue Growth-0.01%18.16%
Quarterly Earnings Growth-0.26%18.15%
Financial Health
Profit Margin (TTM) i0.13%0.93%
Operating Margin (TTM) i0.18%-46.57%
Return on Equity (TTM) i0.53%-0.61%
Debt to Equity (MRQ) i464.100.00
Cash & Liquidity
Book Value per Share (MRQ)$2.83$12.30
Cash per Share (MRQ)$1.07$0.15
Operating Cash Flow (TTM) i$101.48M$-17,579,000
Levered Free Cash Flow (TTM) i$6.64M$-417,765,120
Dividends
Last 12-Month Dividend Yield iN/AN/A
Last 12-Month Dividend iN/AN/A

Valuation & Enterprise Metrics Analysis: PlayAGS Inc. vs Sharplink Gaming Inc.

MetricAGS (Jun 10, 2025)SBET (Apr 26, 2026)
Price Ratios
P/E Ratio (TTM) i10.670.50
Forward P/E i16.083.67
PEG Ratio i16.083.67
Price to Sales (TTM) i1.3151.37
Price to Book (MRQ) i4.370.59
Market Capitalization
Market Capitalization i$513.84M$1.44B
Enterprise Value i$1.01B$1.41B
Enterprise Value Metrics
Enterprise to Revenue i2.5850.35
Enterprise to EBITDA i6.56-1.93
Risk & Other Metrics
Beta i1.4811.76
Book Value per Share (MRQ) i$2.83$12.30

Financial Statements Comparison: PlayAGS Inc. vs Sharplink Gaming Inc.

Financial Metrics

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Revenue

Operating Margin

Profit Margin

Long Term Debt

Income Flow Analysis

Financial Statements Comparison

Income Statement

MetricAGS (2024)SBET (2025)
Revenue/Sales i394.87M28.06M
Cost of Goods Sold i118.07M1.90M
COGS % of Revenue i29.9%6.8%
Gross Profit i276.80M26.15M
Gross Margin i70.1%93.2%
Research & Development i46.67MN/A
Operating Income (EBIT) i72.88M-32.75M
Operating Margin i18.5%-116.7%
EBITDA i153.60M-32.29M
EBITDA Margin i38.9%-115.1%
Pre-Tax Income i19.11M-733.47M
Pre-Tax Income % of Revenue i4.8%-2,614.4%
Income Tax i-32.54M1.05M
Income Tax % of Revenue i-8.2%3.7%
Net Income (Profit) i51.65M-734.59M
Profit Margin i13.1%-2,618.4%

Balance Sheet & Liquidity Metrics

MetricAGS (2024)SBET (2025)
Cash & Equivalents i38.31M28.54M
Total Current Assets i177.68M31.15M
Total Current Assets % of Revenue i45.0%111.0%
Total Current Liabilities i47.86M12.75M
Total Current Liabilities % of Revenue i12.1%45.4%
Long-Term Debt i536.92MN/A
Long-Term Debt % of Revenue i136.0%0.0%
Total Shareholders Equity i112.74M2.42B
Retained Earnings i-306.35M-812.40M
Retained Earnings % of Revenue i-77.6%-2,895.7%
Property, Plant & Equipment i308.37MN/A

Cash Flow Statement Comparison

MetricAGS (2024)SBET (2025)
Operating Cash Flow i105.83M-780.58M
Operating Cash Flow % of Revenue i26.8%-2,782.3%
Capital Expenditures i-47.14MN/A
Free Cash Flow i29.31M-17.55M
FCF Margin i7.4%-62.6%
Debt Repayment i-24.09M0
Common Stock Repurchase i-4.95M-31.69M

Short Interest & Institutional Ownership Analysis

MetricAGSSBET
Shares Short i990,54523.89M
Short Ratio i2.033.64
Short % of Float i2.48%12.15%
Shares Outstanding i41.13M196.70M
Float Shares i34.97M184.71M
% Held by Insiders i3.64%9.74%
% Held by Institutions i85.95%49.82%
% Held by Public i10.41%40.44%

Dividend Analysis & Yield Comparison: PlayAGS Inc. vs Sharplink Gaming Inc.

MetricAGSSBET
Last 12-Month Dividend iN/AN/A
Last 12-Month Dividend Yield iN/AN/A
3-Year Avg Annual Dividend iN/AN/A
3-Year Avg Dividend Yield iN/AN/A
3-Year Total Dividends iN/AN/A
Ex-Dividend DateN/AN/A