BRSL // Brightstar Lottery PLC Trading under the Legal Name to begin at the market open on July 21 2025.
DES <GO> NYSE RQD COCKPIT → CIK 0001619762 ↗Brightstar Lottery PLC Trading under the Legal Name to begin at the market open on July 21 2025. (BRSL) exhibits 45.0% gross margins and 16.8% return on invested capital within Consumer Discretionary (Services-Misc. Amusement & Recreation), balanced against a 12.0x enterprise multiple and 4.8% implied options volatility.
Sustained 45.0% gross profitability converts into — operating margin and 16.8% ROIC, outpacing sector cost of capital.
ROIC: 16.8% // GM: 45.0%YoY revenue trajectory of 0.0% paired with -5.59% free cash flow yield supports self-funded R&D and capital return.
REV YOY: 0.0% // FCF YLD: -5.59%Altman Z-Score of 3.80 and Piotroski F-Score of 1/9 indicate low near-term refinancing stress.
ALTMAN Z: 3.80 // F-SCORE: 1/9Trading at 12.0x trailing P/E (11.2x Fwd P/E) leaves valuation vulnerable if real 10Y TIPS yields spike.
P/E: 12.0x // EV/EBITDA: —Options market prices a ±5.2% implied move with a 0.85 put/call ratio around $9.60 max pain.
IMPL MOVE: ±5.2% // P/C: 0.85Elevated industry capital intensity and customer concentration in Services-Misc. Amusement & Recreation require continuous execution to defend 5.9% net margins.
NET MARGIN: 5.9% // D/E: 4.64x| FILER | SIDE | $ VALUE |
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| INSPECT FULL OWNERSHIP LEDGER IN OWN <GO> | ||
| STRIKE / EXP | TYPE | PREMIUM |
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| INSPECT GEX & CHAIN IN OPT <GO> | ||
Unblur the exact $50,000 delta-adjusted ETF/options hedge ratio for BRSL & activate live FRED threshold breach alerts.