PLAY
Dave & Buster's Entertainment, Inc.
PLAY trails on the overall score without a compensating advantage in the available component scores.
TMUS
T-Mobile US, Inc.
TMUS has the edge over PLAY overall, supported by stronger valuation and lower modeled downside.
PLAY Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Under pressure | |
| Under pressure | |
| Weak |
PLAY's revenue is currently stable, but its profitability, cash flow and balance sheet are under pressure.
TMUS Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| Strong | |
| Strong |
TMUS's profitability, cash flow and balance sheet are currently healthy, and its revenue is stable.
PLAY PE Valuation
PLAY has no meaningful PE right now: it lost money over the past year.
TMUS PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 13x | $171 | — |
| Current | 16x | $171 | — |
| Cheap | 21x | $218 | +27% |
| Fair | 26x | $274 | +60% |
| Expensive | 56x | $581 | +240% |
Historical ranges are pointers, not guarantees.
TMUS's PE is in its cheap range at 16x. If earnings grow as analysts expect, today's price would be 13x next year's earnings.
PLAY Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses growing | |
| Stable | |
| Strongly weakening | |
| Limited | |
| Low |
Analysts expect PLAY's losses to grow, with revenue holding steady. However, they disagree widely on these estimates.
TMUS Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| Moderate |
TMUS has the edge over PLAY on the outlook, with more favorable earnings and revenue expectations.
PLAY Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$2.54 | -705% |
| Q2 2026 | -$1.86 | -271% |
| Q1 2026 | -$1.40 | -196% |
| Q4 2025 | $0.04 | -98% |
| Q3 2025 | $0.42 | -85% |
| Q2 2025 | $1.09 | -55% |
| Q1 2025 | $1.46 | -49% |
| Q4 2024 | $2.09 | -24% |
PLAY has swung to a loss: it lost $2.54 per share over the past year, after a profit the year before.
TMUS Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $13.49 | +30% |
| Q3 2026 | $10.37 | -0.2% |
| Q2 2026 | $9.56 | -9.7% |
| Q1 2026 | $9.41 | -8.1% |
| Q4 2025 | $9.72 | +0.6% |
| Q3 2025 | $10.39 | +18% |
| Q2 2025 | $10.59 | +33% |
| Q1 2025 | $10.24 | +39% |
| Q4 2024 | $9.66 | +39% |
TMUS has the edge over PLAY on earnings quality, reporting a profit while its opponent remains loss making.
PLAY Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $544.1M | -2.4% |
| Q2 2026 | $559.2M | -1.5% |
| Q1 2026 | $529.6M | -0.9% |
| Q4 2025 | $448.2M | -1.1% |
| Q3 2025 | $557.4M | +0.1% |
| Q2 2025 | $567.7M | -3.5% |
| Q1 2025 | $534.5M | -11% |
| Q4 2024 | $453M | -3% |
PLAY's revenue grew through 2023 and has held roughly level since: $544M last quarter, down 2.4% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 3.6% | -5.9 points |
| Q2 2026 | 8.4% | -2.7 points |
| Q1 2026 | -2.6% | -11 points |
| Q4 2025 | -3.6% | -5 points |
| Q3 2025 | 9.5% | -5.7 points |
| Q2 2025 | 11% | -3.4 points |
| Q1 2025 | 8.3% | -6.7 points |
| Q4 2024 | 1.4% | -2.6 points |
PLAY's operating margin was 3.6% last quarter, down 5.9 points from the same quarter a year ago.
TMUS Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $23.6B | +7.4% |
| Q2 2026 | $22.8B | +7.9% |
| Q1 2026 | $23.1B | +11% |
| Q4 2025 | $24.3B | +11% |
| Q3 2025 | $22B | +8.9% |
| Q2 2025 | $21.1B | +6.9% |
| Q1 2025 | $20.9B | +6.6% |
| Q4 2024 | $21.9B | +6.8% |
TMUS has the edge over PLAY on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 24% | +3.4 points |
| Q2 2026 | 24% | -0.6 points |
| Q1 2026 | 19% | -3.5 points |
| Q4 2025 | 15% | -5.6 points |
| Q3 2025 | 21% | -3.2 points |
| Q2 2025 | 25% | +1.3 points |
| Q1 2025 | 23% | +2.6 points |
| Q4 2024 | 21% | +4 points |
TMUS has the edge over PLAY on profitability, with a higher operating margin.
PLAY Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$37.9M | +$17.3M |
| Q2 2026 | $8.5M | +$67.3M |
| Q1 2026 | $34M | +$95M |
| Q4 2025 | -$20.6M | +$117.8M |
| Q3 2025 | -$55.2M | -$40.9M |
| Q2 2025 | -$58.8M | -$54.6M |
| Q1 2025 | -$61M | -$35.6M |
| Q4 2024 | -$138.4M | -$135.4M |
PLAY has burned cash in six of the last eight quarters: −$16M over the past year, against −$313M the year before.
TMUS Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $5.1B | +5.3% |
| Q2 2026 | $4.8B | +4.4% |
| Q1 2026 | $4.6B | +4.6% |
| Q4 2025 | $4.2B | +25% |
| Q3 2025 | $4.8B | +15% |
| Q2 2025 | $4.6B | +32% |
| Q1 2025 | $4.4B | +79% |
| Q4 2024 | $3.3B | +2% |
TMUS has the edge over PLAY on cash generation, producing positive trailing cash flow while its opponent burns cash.
PLAY Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.4% | -130K shares |
| 1 year | -0.9% | -330K shares |
| 3 years | -20% | -8.6M shares |
| 5 years | -29% | -14.4M shares |
| Available history | +10% | +3.3M shares |
PLAY has 35M diluted shares, down 0.9% from a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | $23.9M |
| Q1 2025 | $83.9M |
| Q4 2024 | $28M |
PLAY hasn't bought back shares in the past year.
TMUS Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -1% | -10.8M shares |
| 1 year | -4.9% | -55M shares |
| 3 years | -8.8% | -103M shares |
| 5 years | -15% | -182M shares |
| Available history | +24% | +207M shares |
TMUS has the edge over PLAY on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $2.4B |
| Q2 2026 | $2.3B |
| Q1 2026 | $4.8B |
| Q4 2025 | $2.4B |
| Q3 2025 | $2.5B |
| Q2 2025 | $2.6B |
| Q1 2025 | $2.5B |
| Q4 2024 | $4.7B |
TMUS spent $12B buying back its own shares over the past year, down 1.7% from the year before.
PLAY Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 4.5x | High |
| Q2 2026 | 4.2x | High |
| Q1 2026 | 4.1x | High |
| Q4 2025 | 3.9x | Elevated |
| Q3 2025 | 3.7x | Elevated |
| Q2 2025 | 3.6x | Elevated |
| Q1 2025 | 3.2x | Elevated |
| Q4 2024 | 2.9x | Moderate |
PLAY's net debt is about 4.5 years of its operating earnings (EBITDA), up from 3.7 years a year ago.
TMUS Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 0.0x | Very low |
| Q2 2026 | 0.1x | Very low |
| Q1 2026 | -0.0x | Net Cash |
| Q4 2025 | 2.5x | Moderate |
| Q3 2025 | 0.1x | Very low |
| Q2 2025 | -0.1x | Net Cash |
| Q1 2025 | -0.1x | Net Cash |
| Q4 2024 | 2.4x | Moderate |
TMUS has the edge over PLAY on leverage, with a lower net debt burden relative to earnings.
PLAY Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 40.2 | Neutral |
| Stochastic | 29.2 | Neutral |
PLAY's weekly RSI is 40 (neutral) and its Stochastic is 29 (neutral).
TMUS Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 47.9 | Neutral |
| Stochastic | 42.1 | Neutral |
TMUS's weekly RSI is 48 (neutral) and its Stochastic is 42 (neutral).
PLAY PE vs Communication Services Sector
| Metric | PLAY | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 16x | — |
PLAY has no meaningful PE right now: it lost money over the past year.
TMUS PE vs Communication Services Sector
| Metric | TMUS | Sector median | Relative |
|---|---|---|---|
| PE | 16x | 16x | Same PE |
| PE % | 1 | 26 | 25 pts below |
TMUS is trading at 16x earnings, in line with the Communication Services sector's median of 16x.
PLAY Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $7.29 | 7.7% above |
| 20 week MA | $8.72 | 10% below |
| 50 week MA | $12.2 | 36% below |
| 100 week MA | $17.6 | 55% below |
| 200 week MA | $29.9 | 74% below |
PLAY has bounced recently, but its long-term trend is still down: it's above its 8-week average, but 74% below its 200-week average.
TMUS Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $159.1 | 7.5% above |
| 20 week MA | $172.0 | 0.5% below |
| 50 week MA | $187.8 | 8.9% below |
| 100 week MA | $212.9 | 20% below |
| 200 week MA | $188.7 | 9.4% below |
TMUS has bounced recently, but its long-term trend is still down: it's above its 8-week average, but 9.4% below its 200-week average.
PLAY Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $40.7 | $29.6 | -27% |
| 2021 | $29.6 | $39.5 | +33% |
| 2022 | $39.5 | $35.0 | -11% |
| 2023 | $35.0 | $53.9 | +54% |
| 2024 | $53.9 | $29.1 | -46% |
| 2025 | $29.1 | $16.3 | -44% |
| 2026 YTD | $16.3 | $7.85 | -52% |
PLAY has finished lower in four of the last six years. It's down 52% so far in 2026.
TMUS Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $77.2 | $132.9 | +72% |
| 2021 | $132.9 | $119.9 | -9.8% |
| 2022 | $119.9 | $140.0 | +17% |
| 2023 | $140.0 | $160.3 | +15% |
| 2024 | $160.3 | $223.0 | +39% |
| 2025 | $223.0 | $201.0 | -9.9% |
| 2026 YTD | $201.0 | $171.0 | -15% |
TMUS has the edge over PLAY on returns for 2026, with the stronger performance.