SGHC Stock Analysis: SGHC | NYSE
Gambling | NYSE, USA | Market Cap: 6.651m USD | 12M Return: 19.2% | GG00BMG42V42 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 27.6M
Qual. Beats: 0
Rev. Trend: 98.3%
Qual. Beats: 6
Warnings
Tailwinds
No distinct edge detected
Seasonality 5.7 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 a Guernsey-headquartered online sports betting and gaming operator listed on the NYSE under the ticker SGHC. The company runs two main brands: Betway, which offers online sports betting and casino products, and Spin, a multi-brand online casino. Its operations span Africa, the Middle East, Asia-Pacific, Europe, North America, and South/Latin America, giving it broad geographic diversification across regulated and emerging digital gambling markets.
As a mid-cap stock in the Consumer Discretionary sector (GICS sub-industry: Casinos & Gaming), SGHC generates revenue primarily through wagering activity on its platforms, monetizing user stakes via house edge on casino games and net win margins on sportsbook bets. The online gambling industry is highly regulated on a country-by-country basis, and operators like SGHC depend on obtaining and maintaining local licenses to access key markets.
- Africa and emerging markets drive Betway sportsbook revenue growth
- Spin online casino margin expansion accelerates group profitability
- European and US regulatory tightening elevates compliance and tax 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 (618.7m): -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: 28.14 > 6 (EBIT TTM 534.7m / 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 534.7m / Avg Total Assets 1.24b) |
| D: 1.55 (Book Value of Equity 832.0m / Total Liabilities 536.0m) |
| Altman-Z'' = 7.41 = 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 August 22, 2026, the stock is trading at USD 13.31 with a total of 1,674,736 shares traded. Over the past week, the price has changed by +0.08%, over one month by -14.62%, over three months by -1.05% and over the past year by +19.21%.
Current recommended Stop Loss: 12.70 (which is 4.6% or 1.3 ATR below the current price).
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 | 19.5 | 46.5% |
P/E Trailing = 18.1806
P/E Forward = 15.2672
P/S = 2.7358
P/B = 7.8776
Revenue TTM = 2.43b USD
EBIT TTM = 534.7m USD
EBITDA TTM = 618.7m 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 = 6.27b USD (6.65b + Debt 171.0m - CCE 548.0m)
Interest Coverage Ratio = 28.14 (Ebit TTM 534.7m / Interest Expense TTM 19.0m)
EV/FCF = 15.88x (Enterprise Value 6.27b / FCF TTM 395.1m)
FCF Yield = 6.30% (FCF TTM 395.1m / Enterprise Value 6.27b)
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 = 4.59 (Enterprise Value 6.27b / Total Assets 1.37b)
Interest Expense / Debt = 11.11% (Interest Expense 19.0m / Debt 171.0m)
Taxrate = 28.34% (147.0m / 518.7m)
NOPAT = 383.1m (EBIT 534.7m * (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 618.7m)
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 = 64.72% (EBIT 534.7m / Capital Employed (Equity 809.1m + L.T.Debt 17.0m))
RoIC = 45.58% (NOPAT 383.1m / Invested Capital 840.5m)
WACC = 6.38% (E(6.65b)/V(6.82b) * Re(6.34%) + D(171.0m)/V(6.82b) * Rd(11.11%) * (1-Tc(0.28)))
Discount Rate = 6.34% (= 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=-7.62% | Revisions=+25% | Analysts=1
EPS current Year (2026-12-31): EPS=0.76 | Chg30d=-2.30% | Revisions=+25% | GrowthEPS=+77.9% | GrowthRev=+20.1%
EPS next Year (2027-12-31): EPS=0.88 | Chg30d=-1.10% | Revisions=+25% | GrowthEPS=+16.1% | GrowthRev=+8.6%