SGHC Stock Analysis: SGHC | NYSE
Gambling | NYSE, USA | Market Cap: 5.716m USD | 12M Return: -12% | GG00BMG42V42 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 33.0M
Qual. Beats: 0
Rev. Trend: 98.3%
Qual. Beats: 6
Warnings
Tailwinds
No distinct edge detected
Seasonality 5.8 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Super Group (SGHC) Limited is an online sports betting and gaming operator that runs two main platforms: Betway, an online sports betting and casino brand, and Spin, a multi-brand online casino. The company has a broad geographic footprint, operating across Africa, the Middle East, the Asia-Pacific region, Europe, North America, and South/Latin America. Headquartered in Saint Peter Port, Guernsey, SGHC is classified within the Consumer Discretionary sector under the Casinos & Gaming sub-industry. As a digital-first operator, the companys business model relies on online user engagement and wagering revenue rather than physical casino properties, which distinguishes it from traditional brick-and-mortar gaming companies. It trades on the NYSE under the ticker SGHC and went public in January 2022.
- Betway sports betting revenue grows across African and emerging markets
- Spin online casino margins expand amid rising active player base
- Regulatory tightening in key markets pressures customer acquisition costs
| Net Income: 369.8m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.29 > 0.02 and ΔFCF/TA 25.86 > 1.0 |
| NWC/Revenue: 14.90% < 20% (prev 10.34%; Δ 4.56% < -1%) |
| CFO/TA 0.27 > 3% & CFO 366.9m > Net Income 369.8m |
| Net Debt (-377.0m) to EBITDA (615.7m): -0.61 < 3 |
| Current Ratio: 1.83 > 1.5 & < 3 |
| Outstanding Shares: last quarter (510.8m) vs 12m ago 1.86% < -2% |
| Gross Margin: 51.39% > 18% (prev 48.22%; Δ 3.17% > 0.5%) |
| Asset Turnover: 195.6% > 50% (prev 190.5%; Δ 5.17% > 0%) |
| Interest Coverage Ratio: 27.98 > 6 (EBIT TTM 531.7m / Interest Expense TTM 19.0m) |
| A: 0.26 (Total Current Assets 799.0m - Total Current Liabilities 437.0m) / Total Assets 1.37b |
| B: 0.35 (Retained Earnings 482.0m / Total Assets 1.37b) |
| C: 0.43 (EBIT TTM 531.7m / Avg Total Assets 1.24b) |
| D: 1.55 (Book Value of Equity 832.0m / Total Liabilities 536.0m) |
| Altman-Z'' = 7.39 = AAA |
| DSRI: 1.12 (Receivables 232.0m/182.0m, Revenue 2.43b/2.13b) |
| GMI: 0.94 (GM 48.22% / 51.39%) |
| AQI: 0.89 (AQ_t 0.33 / AQ_t-1 0.37) |
| SGI: 1.14 (Revenue 2.43b / 2.13b) |
| TATA: 0.00 (NI 369.8m - CFO 366.9m) / TA 1.37b) |
| Beneish M = -2.95 (Cap -4..+1) = A |
As of October 10, 2026, the stock is trading at USD 11.29 with a total of 1,591,578 shares traded. Over the past week, the price has changed by +0.36%, over one month by -18.74%, over three months by -23.36% and over the past year by -11.95%.
Current recommended Stop Loss: 10.70 (which is 5.2% or 1.4 ATR below the current price).
SGHC has received a consensus analysts rating of 4.75. Therefore, it is recommended to buy SGHC.
- StrongBuy: 6
- Buy: 2
- Hold: 0
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 19.5 | 72.7% |
P/E Trailing = 15.625
P/E Forward = 12.4069
P/S = 2.3512
P/B = 7.3464
Revenue TTM = 2.43b USD
EBIT TTM = 531.7m USD
EBITDA TTM = 615.7m USD
Long Term Debt = 17.0m USD (from longTermDebt, last quarter)
Short Term Debt = 32.0m USD (from shortTermDebt, last quarter)
Debt = 171.0m USD (from shortLongTermDebtTotal, last quarter) + Leases 64.0m
Net Debt = -377.0m USD (calculated: Debt 171.0m - CCE 548.0m)
Enterprise Value = 5.34b USD (5.72b + Debt 171.0m - CCE 548.0m)
Interest Coverage Ratio = 27.98 (Ebit TTM 531.7m / Interest Expense TTM 19.0m)
EV/FCF = 13.51x (Enterprise Value 5.34b / FCF TTM 395.1m)
FCF Yield = 7.40% (FCF TTM 395.1m / Enterprise Value 5.34b)
FCF Margin = 16.26% (FCF TTM 395.1m / Revenue TTM 2.43b)
Net Margin = 15.22% (Net Income TTM 369.8m / Revenue TTM 2.43b)
Gross Margin = 51.39% ((Revenue TTM 2.43b - Cost of Revenue TTM 1.18b) / Revenue TTM)
Gross Margin QoQ = 32.31% (prev 27.78%)
Tobins Q-Ratio = 3.91 (Enterprise Value 5.34b / Total Assets 1.37b)
Interest Expense / Debt = 11.11% (Interest Expense 19.0m / Debt 171.0m)
Taxrate = 28.34% (147.0m / 518.7m)
NOPAT = 381.0m (EBIT 531.7m * (1 - 28.34%))
Current Ratio = 1.13 (Total Current Assets 799.0m / Total Current Liabilities 708.0m)
Debt / Equity = 0.21 (Debt 171.0m / totalStockholderEquity, last quarter 832.0m)
Debt / EBITDA = -0.61 (Net Debt -377.0m / EBITDA 615.7m)
Debt / FCF = -0.95 (Net Debt -377.0m / FCF TTM 395.1m)
Total Stockholder Equity = 809.1m (last 4 quarters mean from totalStockholderEquity)
RoA = 29.77% (Net Income 369.8m / Total Assets 1.37b)
RoE = 45.70% (Net Income TTM 369.8m / Total Stockholder Equity 809.1m)
RoCE = 64.36% (EBIT 531.7m / Capital Employed (Equity 809.1m + L.T.Debt 17.0m))
RoIC = 45.33% (NOPAT 381.0m / Invested Capital 840.5m)
WACC = 6.34% (E(5.72b)/V(5.89b) * Re(6.29%) + D(171.0m)/V(5.89b) * Rd(11.11%) * (1-Tc(0.28)))
Discount Rate = 6.29% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 84.40 | Cagr: 0.78%
[DCF] Terminal Value 77.97% ; FCFF base≈250.7m ; Y1≈287.3m ; Y5≈422.9m
[DCF] Fair Price = 13.27 (EV 6.36b - Net Debt -377.0m = Equity 6.74b / Shares 508.1m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: N/A | EPS CAGR: N/A | SUE: 0.15 | # QB: 0
Revenue Correlation: 98.27 | Revenue CAGR: 26.24% | SUE: 0.99 | # QB: 6
EPS current Quarter (2026-09-30): EPS=0.19 | Chg30d=+0.00% | Revisions=+25% | Analysts=1
EPS current Year (2026-12-31): EPS=0.76 | Chg30d=+0.00% | Revisions=+25% | GrowthEPS=+77.9% | GrowthRev=+20.5%
EPS next Year (2027-12-31): EPS=0.88 | Chg30d=+0.00% | Revisions=+25% | GrowthEPS=+16.1% | GrowthRev=+8.8%