XTRA:ACX

Stock Analysis Report

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Executive Summary

bet-at-home.com AG, through its subsidiaries, provides online gambling and sports betting services in Europe. More Details


Snowflake Analysis

Flawless balance sheet with solid track record.


Similar Companies

Share Price & News

How has bet-at-home.com's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: ACX is more volatile than 75% of German stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: ACX's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of German stocks.


Market Performance


7 Day Return

3.7%

ACX

-2.8%

DE Hospitality

0.5%

DE Market


1 Year Return

-33.3%

ACX

-41.0%

DE Hospitality

2.0%

DE Market

Return vs Industry: ACX exceeded the German Hospitality industry which returned -37.2% over the past year.

Return vs Market: ACX underperformed the German Market which returned 3.8% over the past year.


Shareholder returns

ACXIndustryMarket
7 Day3.7%-2.8%0.5%
30 Day1.8%37.4%11.6%
90 Day-6.9%26.4%3.0%
1 Year-29.8%-33.3%-38.4%-41.0%5.3%2.0%
3 Year-57.4%-66.5%-47.6%-54.9%4.9%-4.2%
5 Year-0.8%-28.7%-40.5%-52.9%27.0%9.1%

Long-Term Price Volatility Vs. Market

How volatile is bet-at-home.com's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is bet-at-home.com undervalued compared to its fair value and its price relative to the market?

44.4%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: ACX (€33.6) is trading below our estimate of fair value (€60.48)

Significantly Below Fair Value: ACX is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: ACX is good value based on its PE Ratio (8.9x) compared to the DE Hospitality industry average (23.5x).

PE vs Market: ACX is good value based on its PE Ratio (8.9x) compared to the German market (23.1x).


Price to Earnings Growth Ratio

PEG Ratio: ACX's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: ACX is overvalued based on its PB Ratio (5.6x) compared to the DE Hospitality industry average (1.7x).


Next Steps

Future Growth

How is bet-at-home.com forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

-7.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ACX's earnings are forecast to decline over the next 3 years (-7.7% per year).

Earnings vs Market: ACX's earnings are forecast to decline over the next 3 years (-7.7% per year).

High Growth Earnings: ACX's earnings are forecast to decline over the next 3 years.

Revenue vs Market: ACX's revenue (1.1% per year) is forecast to grow slower than the German market (5.9% per year).

High Growth Revenue: ACX's revenue (1.1% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: ACX's Return on Equity is forecast to be high in 3 years time (34.4%)


Next Steps

Past Performance

How has bet-at-home.com performed over the past 5 years?

-5.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ACX has high quality earnings.

Growing Profit Margin: ACX's current net profit margins (21.3%) are higher than last year (17%).


Past Earnings Growth Analysis

Earnings Trend: ACX's earnings have declined by 5.1% per year over the past 5 years.

Accelerating Growth: ACX's earnings growth over the past year (10.8%) exceeds its 5-year average (-5.1% per year).

Earnings vs Industry: ACX earnings growth over the past year (10.8%) exceeded the Hospitality industry 6.3%.


Return on Equity

High ROE: ACX's Return on Equity (63.2%) is considered outstanding.


Next Steps

Financial Health

How is bet-at-home.com's financial position?


Financial Position Analysis

Short Term Liabilities: ACX's short term assets (€80.9M) exceed its short term liabilities (€44.6M).

Long Term Liabilities: ACX's short term assets (€80.9M) exceed its long term liabilities (€2.0M).


Debt to Equity History and Analysis

Debt Level: ACX is debt free.

Reducing Debt: ACX has not had any debt for past 5 years.

Debt Coverage: ACX has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: ACX has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is bet-at-home.com current dividend yield, its reliability and sustainability?

5.95%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: ACX's dividend (5.95%) is higher than the bottom 25% of dividend payers in the German market (1.13%).

High Dividend: ACX's dividend (5.95%) is in the top 25% of dividend payers in the German market (3.71%)


Stability and Growth of Payments

Stable Dividend: ACX has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: ACX's dividend payments have increased, but the company has only paid a dividend for 9 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (52.8%), ACX's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: ACX's dividends in 3 years are not forecast to be well covered by earnings (103.8% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

€2m

CEO Compensation


CEO

Franz Ömer

no data

Tenure

€1,731,612

Compensation

Mr. Franz Ömer, Dipl.-Ingenieur serves as the Co-Chief Executive Officer of Bet-At-Home.com AG and has been its Member of the Management Board since March 1, 2008.


CEO Compensation Analysis

Compensation vs Market: Franz's total compensation ($USD2.09M) is above average for companies of similar size in the German market ($USD694.99K).

Compensation vs Earnings: Franz's compensation has increased by more than 20% in the past year.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

bet-at-home.com AG's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: bet-at-home.com AG
  • Ticker: ACX
  • Exchange: XTRA
  • Founded: 1999
  • Industry: Casinos and Gaming
  • Sector: Consumer Services
  • Market Cap: €229.840m
  • Shares outstanding: 7.02m
  • Website: https://www.bet-at-home.com

Number of Employees


Location

  • bet-at-home.com AG
  • Tersteegenstrasse 30
  • Düsseldorf
  • North Rhine-Westphalia
  • 40474
  • Germany

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ACXDB (Deutsche Boerse AG)YesOrdinary SharesDEEURJun 2005
BAHWBAG (Wiener Boerse AG)YesOrdinary SharesATEURJun 2005
ACXXTRA (XETRA Trading Platform)YesOrdinary SharesDEEURJun 2005
ACXSWX (SIX Swiss Exchange)YesOrdinary SharesCHCHFJun 2005
0RIPLSE (London Stock Exchange)YesOrdinary SharesGBEURJun 2005
ACXDBATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary SharesGBEURJun 2005

Biography

bet-at-home.com AG, through its subsidiaries, provides online gambling and sports betting services in Europe. It offers casino sports betting and live betting; online casinos; Vegas, an online gaming; onli...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/12/02 18:49
End of Day Share Price2020/12/02 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.