How Rational Investing - Cameron Stewart, CFA’s view on $PLAY changed

2026-08-11Bearish
“Celsius Holdings (CELH) - 6x Cash on Cash Return!”
PLAY has excessive debt relative to revenue and requires significant operational restructuring to survive; current fundamentals are weak.

Playboy seems interesting. Very low market cap going in the right direction. Growing revenue 11% year-over-year positive net income last quarter forgotten iconic brand.

Okay, I had to do it. Let's uh let's see. The 13-year-old in me wants to see what this has to do. All right, let's pull it up. Let's take a look at some cash flow.