Is NextPlay Technologies, Inc. overvalued or undervalued?

Jun 25 2025 09:30 AM IST
share
Share Via
As of October 5, 2023, NextPlay Technologies, Inc. is considered overvalued due to its high price-to-earnings ratio of 35.2 and price-to-book ratio of 4.1, both significantly above industry averages, coupled with a lower return on equity of 8.5% compared to peers.
As of 5 October 2023, NextPlay Technologies, Inc. moved from fair to overvalued. The company's current price-to-earnings ratio stands at 35.2, which is significantly higher than the industry average of 25.4, indicating a premium valuation. Additionally, the price-to-book ratio is at 4.1 compared to the peer average of 3.0, further supporting the overvaluation assessment. The return on equity is recorded at 8.5%, which is lower than key peers such as Digital Turbine at 12.3% and Unity Software at 10.1%.

Given these metrics, NextPlay Technologies appears overvalued in comparison to its peers and the broader market. The elevated ratios suggest that investors are paying a premium for the stock relative to its earnings and book value, which does not align with its financial performance.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News