Berjaya Sports Toto Berhad (BJSAF)
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Berjaya Sports Toto Berhad (BJSAF) trades at $0.61 with AI Score 57/100 (Grade B). Berjaya Sports Toto Berhad is a Malaysian company primarily involved in Toto betting operations. Market cap: $824.44M, Sector: Consumer cyclical.
Price live · AI analysis from Mar 16, 2026Analyst Coverage for BJSAF: BJSAF does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates BJSAF against Consumer Cyclical peers across nine fundamental dimensions and assigns a mixed fundamental profile based on the underlying data.
BJSAF: 2/4 perspectives are bullish. Dominant signal: Seth Klarman bullish.
How is this calculated? →Berjaya Sports Toto Berhad (BJSAF) Consumer Business Overview
Berjaya Sports Toto Berhad, a Malaysian-based company, focuses on Toto betting while diversifying into motor retail, hotel operations in the Philippines, and computerized wagering systems. With a significant revenue share from the United Kingdom, the company operates within the consumer cyclical sector, balancing gaming with other consumer-facing businesses.
What Is the Investment Thesis for BJSAF?
Berjaya Sports Toto Berhad presents a mixed investment thesis. The company's established Toto betting operations in Malaysia provide a stable revenue base, while its diversification into motor retail and other sectors offers potential growth avenues. With a P/E ratio of 15.1 and a dividend yield of 3.25%, BJSAF demonstrates some value characteristics. However, a relatively low profit margin of 3.3% raises concerns about operational efficiency. Growth catalysts include potential expansion of its wagering systems business and further penetration into international markets. Key risks involve regulatory changes in the gambling industry and economic fluctuations affecting consumer spending. Investors should carefully weigh these factors when considering BJSAF.
Based on FMP financials and quantitative analysis
BJSAF Key Highlights
- Market capitalization of $824.44M, reflecting its position in the Malaysian market.
- P/E ratio of 15.1, indicating its valuation relative to earnings.
- Profit margin of 3.3%, showing its profitability after all expenses.
- Gross margin of 100.0%, suggesting efficient core operations.
- Dividend yield of 3.25%, providing income to investors.
Who Are BJSAF's Competitors?
BJSAF is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| ABDDF AB Dynamics plc | $14.01 | +0.00% | $320.69M | 50 |
| CLLFF Collins Foods Limited | $7.30 | +5.80% | $862.39M | 54 |
| DTCBD Solo Brands, Inc. | $24.90 | +30.37% | $39.90M | 49 |
| FATLF Fattal Holdings (1998) Ltd | $24.75 | +0.00% | $839.25M | 47 |
| FUJSF Fuji Seal International, Inc. | $14.12 | -12.57% | $753.22M | 48 |
| PDSSF Paradise Entertainment Limited | $0.09 | +0.00% | $96.39M | 63 |
| RSI Rush Street Interactive (RSI) | $32.30 | +1.96% | $7.68B | 62 |
| CDRO Codere Online Luxembourg, S.A. | $9.52 | -0.47% | $432.65M | 59 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are BJSAF's Key Strengths?
- Established presence in the Malaysian Toto betting market.
- Diversified business operations across multiple sectors.
- Geographic diversification with operations in multiple countries.
- Proprietary technology in wagering systems.
What Are BJSAF's Weaknesses?
- Relatively low profit margin of 3.3%.
- Dependence on the Malaysian market for a significant portion of revenue.
- Exposure to regulatory risks in the gambling industry.
- Potential impact from economic fluctuations on consumer spending.
What Could Drive BJSAF Stock Higher?
- Potential expansion of computerized wagering systems business into new markets.
- Continued growth in the Malaysian Toto betting market.
- Revenue contribution from motor retailing and hotel operations.
- Strategic partnerships or acquisitions to expand business operations.
What Are the Key Risks for BJSAF?
- Regulatory changes in the gambling industry affecting Toto betting operations.
- Economic downturns impacting consumer spending and gaming revenue.
- Increased competition from other gaming operators.
- Technological disruptions in the gaming industry.
- Currency fluctuations affecting revenue from international operations.
What Are the Growth Opportunities for BJSAF?
- Expansion of Computerized Wagering Systems: BJSAF has the opportunity to expand its development, manufacturing, and distribution of computerized wagering and voting systems. With the global market for wagering technology growing, BJSAF can target new markets and clients, including government agencies and private gaming operators. This expansion can leverage its existing expertise and provide a higher-margin revenue stream compared to traditional Toto betting. The timeline for significant market penetration is estimated at 3-5 years, with potential for substantial revenue growth.
- Increased Penetration in International Markets: BJSAF can focus on increasing its presence in international markets, particularly in the United Kingdom, where it already has a significant revenue share. This can involve expanding its luxury motor retail business or introducing its wagering systems to new clients. By diversifying its geographic footprint, BJSAF can reduce its reliance on the Malaysian market and tap into new growth opportunities. The timeline for this expansion is estimated at 2-4 years, with potential for increased revenue and profitability.
- Leveraging Digital Platforms for Toto Betting: BJSAF can further leverage digital platforms to enhance its Toto betting operations. This includes developing mobile apps and online platforms to reach a wider audience and provide a more convenient betting experience. By embracing digital technology, BJSAF can attract younger demographics and increase its market share. The timeline for this digital transformation is estimated at 1-3 years, with potential for increased customer engagement and revenue growth.
- Strategic Partnerships and Acquisitions: BJSAF can pursue strategic partnerships and acquisitions to expand its business and diversify its revenue streams. This can involve partnering with other gaming companies or acquiring businesses in related sectors, such as hospitality or technology. By forming strategic alliances, BJSAF can leverage the expertise and resources of its partners to achieve its growth objectives. The timeline for these partnerships and acquisitions is variable, depending on market conditions and opportunities.
- Enhancing Customer Loyalty Programs: BJSAF can enhance its customer loyalty programs to retain existing customers and attract new ones. This includes offering exclusive promotions, rewards, and personalized services to its loyal customers. By strengthening its customer relationships, BJSAF can increase customer lifetime value and build a stronger brand reputation. The timeline for implementing these enhanced loyalty programs is estimated at 6-12 months, with potential for increased customer retention and revenue growth.
What Opportunities Does BJSAF Have?
- Expansion of computerized wagering systems business.
- Increased penetration in international markets.
- Leveraging digital platforms for Toto betting.
- Strategic partnerships and acquisitions.
What Threats Does BJSAF Face?
- Regulatory changes in the gambling industry.
- Increased competition from other gaming operators.
- Economic downturns affecting consumer spending.
- Technological disruptions in the gaming industry.
What Are BJSAF's Competitive Advantages?
- Established brand recognition in the Malaysian Toto betting market.
- Diversified business model reduces reliance on a single revenue stream.
- Geographic diversification with operations in Malaysia, the United Kingdom, and the Philippines.
- Proprietary technology in computerized wagering systems.
What Does BJSAF Do?
Berjaya Sports Toto Berhad (BJSAF) is a Malaysian conglomerate with its core business rooted in the operation of Toto betting. Founded as a lottery business, the company has evolved to encompass a diverse range of ventures. Beyond its primary focus on Toto betting, BJSAF has strategically diversified its portfolio to include motor retailing, repair, and maintenance services, along with aftersales and insurance provisions. The company also operates a hotel in the Philippines, extending its presence into the hospitality sector. Furthermore, BJSAF is involved in luxury motor retailing in the United Kingdom, adding a high-end consumer segment to its operations. Another significant aspect of its business is the development, manufacturing, and distribution of computerized wagering and voting systems, complemented by software licenses and support services. Geographically, BJSAF maintains a presence in Malaysia, the United Kingdom, and other international markets, with the United Kingdom contributing a substantial portion of its revenue. This diversified approach allows BJSAF to tap into various consumer markets, balancing its core gaming operations with other revenue streams.
What Products and Services Does BJSAF Offer?
- Operates Toto betting in Malaysia.
- Engages in motor retailing, repair, and maintenance services.
- Provides aftersales and insurance services.
- Operates a hotel in the Philippines.
- Involved in luxury motor retailing in the United Kingdom.
- Develops, manufactures, and distributes computerized wagering and voting systems.
- Provides software licenses and support.
How Does BJSAF Make Money?
- Generates revenue from Toto betting operations through ticket sales.
- Earns income from motor retailing and related services.
- Receives revenue from hotel operations in the Philippines.
- Derives income from the sale of computerized wagering and voting systems and software licenses.
What Industry Does BJSAF Operate In?
Berjaya Sports Toto Berhad operates within the consumer cyclical sector, specifically in the gambling, resorts, and casinos industry. This sector is influenced by consumer spending habits and economic conditions. The gambling industry is subject to regulatory oversight and is sensitive to changes in legislation. Competition comes from both local and international players, including other lottery operators and gaming companies. Market trends include the increasing adoption of online betting platforms and the integration of technology in gaming operations. BJSAF's diversified business model allows it to navigate these trends and competitive pressures.
Who Are BJSAF's Key Customers?
- General public who participate in Toto betting.
- Customers purchasing motor vehicles and related services.
- Hotel guests in the Philippines.
- Gaming operators and government agencies using wagering systems.
F-Score 6/9Financial Health
Berjaya Sports Toto Berhad's Piotroski F-Score is 6/9, a 9-point checklist of profitability, leverage and efficiency — a middling fundamental profile. Its Altman Z-Score of 2.55 places it in the grey zone, a middle ground that warrants monitoring.
ROE 19%Key Financial Metrics
Return on equity for Berjaya Sports Toto Berhad stands at 18.5%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 5.4%, showing how much profit it generates from its asset base. BJSAF trades at a trailing price-to-earnings ratio of 15.10, below the Consumer Cyclical sector average of ~39x. Its free cash flow yield is 5.4%, a gauge of the cash the business throws off relative to its market value. A current ratio of 1.14 indicates the company holds enough short-term assets to cover its near-term obligations. Its earnings yield is 6.4%, the inverse of the P/E and a quick read on earnings relative to price.
Berjaya Sports Toto Berhad (BJSAF) Valuation Context
Valued at $824.44M, BJSAF is classified as a small-cap stock. Relative to its peer group, BJSAF's quantitative score of 57/100 is roughly in line with the peer average of 50/100.
BJSAF Revenue & Earnings Trend
In Q4 2025, BJSAF generated $1.48B in top-line revenue, marking a sequential decrease of 1.4%. The company recorded net income of $45.1M, with diluted EPS of $0.03. Revenue has contracted over three consecutive quarters, which investors in this small-cap Consumer Cyclical stock should monitor closely. Across the four most recent quarters, BJSAF averaged $0.04 in diluted EPS.
Company Profile
Berjaya Sports Toto Berhad operates in the Gambling, Resorts & Casinos industry within the Consumer Cyclical sector. It is headquartered in Kuala Lumpur, MY. The company is led by CEO Nerine Tan Sheik Ping. BJSAF has traded publicly since 2009.
BJSAF Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2025
Bull Case vs Bear Case
Bull Case
- Recent insider buying suggests confidence in the company's prospects, signaling potential undervaluation.
- The community sentiment reflects optimism, possibly driven by recent strategic partnerships or market expansions.
- Positive market perception around the gaming sector might be benefiting BJSAF, driving investor interest.
- Bullish community views highlight the company's strong brand reputation and customer loyalty in the region.
Bear Case
- Increased short selling activity could indicate concerns about future earnings or market share.
- Bearish community views express worries about regulatory changes impacting the gaming industry.
- Negative market perception due to broader economic headwinds in Southeast Asia might be weighing on the stock.
- Recent insider selling, even if for personal reasons, can sometimes create negative sentiment and uncertainty among investors.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
Recent Quarterly Results
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q4 2025 | $1.48B | $45M | $0.03 |
| Q3 2025 | $1.50B | $22M | $0.02 |
| Q2 2025 | $1.63B | $40M | $0.03 |
| Q1 2025 | $1.91B | $106M | $0.08 |
Based on FMP financials and quantitative analysis
BJSAF Latest News
No recent news available for BJSAF.
BJSAF Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for BJSAF.
Price Targets
Wall Street price target analysis for BJSAF.
BJSAF MoonshotScore
What does this score mean?
The MoonshotScore rates BJSAF's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
BJSAF OTC Market Information
The OTC Other tier, where BJSAF trades, represents the lowest tier of the OTC market. Companies in this tier often have limited or no reporting requirements, which means less information is publicly available compared to companies listed on major exchanges like the NYSE or NASDAQ. These companies may not meet the minimum financial standards required for listing on those exchanges, leading to increased risks for investors due to lack of transparency and regulatory oversight.
- OTC Tier: OTC Other
- Disclosure Status: Unknown
- Limited financial disclosure increases the risk of investing in BJSAF.
- Low trading volume can lead to price volatility and difficulty in executing trades.
- The OTC Other tier has less regulatory oversight compared to major exchanges.
- Potential for fraud or manipulation is higher on the OTC market.
- Availability of information for due diligence is limited.
- Verify the company's registration and legal status.
- Assess the company's financial condition based on available information.
- Research the background and experience of the company's management team.
- Understand the company's business model and competitive landscape.
- Evaluate the risks associated with investing in the OTC market.
- Consult with a financial advisor before making any investment decisions.
- Check for any regulatory actions or legal issues involving the company.
- Established business operations in Malaysia.
- Diversified business model across multiple sectors.
- Presence in international markets, including the United Kingdom.
- Long operating history in the Toto betting industry.
- Dividend payments to shareholders.
BJSAF Consumer Cyclical Stock FAQ
What does Berjaya Sports Toto Berhad do?
Berjaya Sports Toto Berhad is a diversified company with its core business in Toto betting operations in Malaysia. Beyond this, the company engages in motor retailing, repair, and maintenance services, along with operating a hotel in the Philippines and luxury motor retailing in the United Kingdom. BJSAF also develops, manufactures, and distributes computerized wagering and voting systems, providing software licenses and support. This diversified approach allows the company to tap into different consumer markets and reduce reliance on a single revenue stream.
What are the main risks for BJSAF?
BJSAF faces several risks, including regulatory changes in the gambling industry that could impact its Toto betting operations. Economic downturns could reduce consumer spending, affecting gaming revenue and motor retail sales. Increased competition from other gaming operators and technological disruptions in the gaming industry also pose challenges. Currency fluctuations could impact revenue from international operations, particularly in the United Kingdom. Investors should carefully assess these risks before investing.
What are the key factors to evaluate for BJSAF?
Berjaya Sports Toto Berhad (BJSAF) holds an AI score of 57/100 (moderate). P/E: 15.1x vs the S&P 500's ~20-25x. Not financial advice.
How frequently does BJSAF data refresh on this page?
BJSAF prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.
What has driven BJSAF's recent stock price performance?
Berjaya Sports Toto Berhad (BJSAF) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Established presence in the Malaysian Toto betting market. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider BJSAF overvalued or undervalued right now?
Berjaya Sports Toto Berhad (BJSAF) trades at 15.1x earnings. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
What research should beginners do before buying BJSAF?
Before investing in Berjaya Sports Toto Berhad (BJSAF), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) what Wall Street analysts recommend and their price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
Why might investors consider adding BJSAF to a portfolio?
Key strength of Berjaya Sports Toto Berhad (BJSAF): Established presence in the Malaysian Toto betting market. Weigh rewards against risks and diversify. Not financial advice.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Financial data is based on available information and may be subject to change.
- OTC market data may have limited accuracy and availability.