(SGHC) SGHC - Overview
Sector: Consumer Cyclical | Industry: Gambling | Exchange: NYSE (USA) | Market Cap: 6.539m USD | Total Return: 48.4% in 12m
Avg Turnover: 45.1M
Qual. Beats: 0
Rev. Trend: 99.3%
Qual. Beats: 2
Warnings
Choppy Below Avwap Earnings
Tailwinds
No distinct edge detected
Super Group (SGHC) Limited is a global digital gaming holding company that operates through two primary segments: Betway, a single-brand online sportsbook, and Spin, a multi-brand online casino portfolio. Headquartered in Guernsey, the company maintains a diversified geographic footprint across markets in Africa, Europe, the Americas, and the Asia-Pacific region.
The business model relies on proprietary data analytics to optimize customer acquisition and retention within the high-growth iGaming sector. Unlike traditional land-based operators, digital-first firms like SGHC benefit from lower physical overhead and the ability to scale rapidly into emerging regulated jurisdictions. Investors may find more detailed performance metrics and valuation models by exploring the resources at ValueRay.
- Betway brand expansion drives global market share in high-growth sports betting regions
- Spin multi-brand casino revenue growth offsets volatility in sports wagering margins
- African market expansion provides significant long-term growth in active customer base
- Regulatory shifts in European and North American markets impact operational compliance costs
- Marketing expenditure efficiency directly influences quarterly EBITDA and net profit margins
| Net Income: 231.8m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.27 > 0.02 and ΔFCF/TA 8.18 > 1.0 |
| NWC/Revenue: 10.83% < 20% (prev 8.67%; Δ 2.16% < -1%) |
| CFO/TA 0.30 > 3% & CFO 366.9m > Net Income 231.8m |
| Net Debt (-256.0m) to EBITDA (523.1m): -0.49 < 3 |
| Current Ratio: 1.61 > 1.5 & < 3 |
| Outstanding Shares: last quarter (508.0m) vs 12m ago 0.59% < -2% |
| Gross Margin: 52.13% > 18% (prev 0.51%; Δ 5.16k% > 0.5%) |
| Asset Turnover: 194.0% > 50% (prev 166.7%; Δ 27.26% > 0%) |
| Interest Coverage Ratio: 34.39 > 6 (EBITDA TTM 523.1m / Interest Expense TTM 13.0m) |
| A: 0.20 (Total Current Assets 644.0m - Total Current Liabilities 401.0m) / Total Assets 1.23b |
| B: 0.31 (Retained Earnings 385.0m / Total Assets 1.23b) |
| C: 0.39 (EBIT TTM 447.1m / Avg Total Assets 1.16b) |
| D: 1.46 (Book Value of Equity 732.0m / Total Liabilities 503.0m) |
| Altman-Z'' = 6.45 = AAA |
| DSRI: 1.06 (Receivables 203.0m/155.0m, Revenue 2.24b/1.81b) |
| GMI: 0.98 (GM 52.13% / 51.25%) |
| AQI: 0.91 (AQ_t 0.39 / AQ_t-1 0.42) |
| SGI: 1.24 (Revenue 2.24b / 1.81b) |
| TATA: -0.11 (NI 231.8m - CFO 366.9m) / TA 1.23b) |
| Beneish M = -2.99 (Cap -4..+1) = A |
As of May 31, 2026, the stock is trading at USD 12.45 with a total of 6,243,435 shares traded.
Over the past week, the price has changed by -7.78%,
over one month by -2.66%,
over three months by +16.90% and
over the past year by +48.42%.
SGHC has received a consensus analysts rating of 4.83. Therefore, it is recommended to buy SGHC.
- StrongBuy: 5
- Buy: 1
- Hold: 0
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 18.1 | 45.6% |
P/E Trailing = 26.8129
P/E Forward = 15.015
P/S = 2.8113
P/B = 8.8931
Revenue TTM = 2.24b USD
EBIT TTM = 447.1m USD
EBITDA TTM = 523.1m USD
Long Term Debt = 16.0m USD (from longTermDebt, last quarter)
Short Term Debt = 31.0m USD (from shortTermDebt, last quarter)
Debt = 166.0m USD (from shortLongTermDebtTotal, last quarter) + Leases 62.0m
Net Debt = -256.0m USD (calculated: Debt 166.0m - CCE 422.0m)
Enterprise Value = 6.28b USD (6.54b + Debt 166.0m - CCE 422.0m)
Interest Coverage Ratio = 34.39 (Ebit TTM 447.1m / Interest Expense TTM 13.0m)
EV/FCF = 19.28x (Enterprise Value 6.28b / FCF TTM 325.9m)
FCF Yield = 5.19% (FCF TTM 325.9m / Enterprise Value 6.28b)
FCF Margin = 14.53% (FCF TTM 325.9m / Revenue TTM 2.24b)
Net Margin = 10.33% (Net Income TTM 231.8m / Revenue TTM 2.24b)
Gross Margin = 52.13% ((Revenue TTM 2.24b - Cost of Revenue TTM 1.07b) / Revenue TTM)
Gross Margin QoQ = 27.78% (prev none%)
Tobins Q-Ratio = 5.12 (Enterprise Value 6.28b / Total Assets 1.23b)
Interest Expense / Debt = 7.83% (Interest Expense 13.0m / Debt 166.0m)
Taxrate = 29.51% (36.0m / 122.0m)
NOPAT = 315.2m (EBIT 447.1m * (1 - 29.51%))
Current Ratio = 1.61 (Total Current Assets 644.0m / Total Current Liabilities 401.0m)
Debt / Equity = 0.23 (Debt 166.0m / totalStockholderEquity, last quarter 729.0m)
Debt / EBITDA = -0.49 (Net Debt -256.0m / EBITDA 523.1m)
Debt / FCF = -0.79 (Net Debt -256.0m / FCF TTM 325.9m)
Total Stockholder Equity = 735.5m (last 4 quarters mean from totalStockholderEquity)
RoA = 20.04% (Net Income 231.8m / Total Assets 1.23b)
RoE = 31.51% (Net Income TTM 231.8m / Total Stockholder Equity 735.5m)
RoCE = 59.49% (EBIT 447.1m / Capital Employed (Equity 735.5m + L.T.Debt 16.0m))
RoIC = 36.78% (NOPAT 315.2m / Invested Capital 857.0m)
WACC = 8.53% (E(6.54b)/V(6.71b) * Re(8.61%) + D(166.0m)/V(6.71b) * Rd(7.83%) * (1-Tc(0.30)))
Discount Rate = 8.61% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 64.44 | Cagr: 0.89%
[DCF] Terminal Value 77.38% ; FCFF base≈275.4m ; Y1≈315.7m ; Y5≈464.6m
[DCF] Fair Price = 13.84 (EV 6.77b - Net Debt -256.0m = Equity 7.03b / Shares 508.1m; r=8.53% [WACC]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: N/A | EPS CAGR: N/A | SUE: 0.18 | # QB: 0
Revenue Correlation: 99.30 | Revenue CAGR: 20.84% | SUE: 1.04 | # QB: 2
EPS current Quarter (2026-06-30): EPS=0.21 | Chg30d=+9.63% | Revisions=+20% | Analysts=1
EPS next Quarter (2026-09-30): EPS=0.20 | Chg30d=-6.13% | Revisions=+20% | Analysts=1
EPS current Year (2026-12-31): EPS=0.78 | Chg30d=+2.71% | Revisions=+20% | GrowthEPS=+82.1% | GrowthRev=+16.7%
EPS next Year (2027-12-31): EPS=0.89 | Chg30d=+3.09% | Revisions=+20% | GrowthEPS=+14.7% | GrowthRev=+8.0%