How does 9C8's PE Ratio compare to its peers?

9C8 is expensive based on its Price-To-Earnings Ratio (26.9x) compared to the peer average (23.7x).

How does 9C8's PE Ratio compare vs other companies in the European Interactive Media and Services Industry?

9C8 is expensive based on its Price-To-Earnings Ratio (26.9x) compared to the European Interactive Media and Services industry average (16.3x).

What is 9C8's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

9C8 is good value based on its Price-To-Earnings Ratio (26.9x) compared to the estimated Fair Price-To-Earnings Ratio (29.6x).

What is the Fair Price of 9C8 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

9C8 (€10.92) is trading below our estimate of [[fair value]] (€49.46)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

Better Collective (DB:9C8) - Stock Price, News & Analysis

9C8 Stock Overview

Operates as a digital sports media company in Europe, North America, and internationally. More details

9C8 fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	4/6
Past Performance	2/6
Financial Health	4/6
Dividends	0/6

Rewards

Trading at 77.9% below our estimate of its fair value

Earnings are forecast to grow 53.16% per year

Risk Analysis

Shareholders have been diluted in the past year

Volatile share price over the past 3 months compared to the German market

Profit margins (7.3%) are lower than last year (16.1%)

Significant insider selling over the past 3 months

+ 1 more risk

Better Collective A/S Competitors

New Work

HMSE:NWO

€367.6m

Scout24

XTRA:G24

€6.2b

YOC

XTRA:YOC

€53.9m

Verve Group

XTRA:M8G

€746.3m

Price History & Performance

Summary of all time highs, changes and price drops for Better Collective
Historical stock prices
Current Share Price	SEK 10.92
52 Week High	SEK 29.00
52 Week Low	SEK 10.84
Beta	1.1
11 Month Change	-9.75%
3 Month Change	-45.54%
1 Year Change	-48.37%
33 Year Change	-35.15%
5 Year Change	n/a
Change since IPO	-49.21%

Recent updates

Shareholder Returns

	9C8	DE Interactive Media and Services	DE Market
7D	-5.7%	1.2%	0.2%
1Y	-48.4%	11.4%	8.5%

Return vs Industry: 9C8 underperformed the German Interactive Media and Services industry which returned 11.4% over the past year.

Return vs Market: 9C8 underperformed the German Market which returned 8.5% over the past year.

Price Volatility

Is 9C8's price volatile compared to industry and market?
9C8 volatility
9C8 Average Weekly Movement	10.6%
Interactive Media and Services Industry Average Movement	5.5%
Market Average Movement	4.8%
10% most volatile stocks in DE Market	10.9%
10% least volatile stocks in DE Market	2.3%

Stable Share Price: 9C8's share price has been volatile over the past 3 months compared to the German market.

Volatility Over Time: 9C8's weekly volatility (11%) has been stable over the past year, but is still higher than 75% of German stocks.

About the Company

Founded	Employees	CEO	Website
2004	1,776	Jesper Sogaard	bettercollective.com

Better Collective A/S, together with its subsidiaries, operates as a digital sports media company in Europe, North America, and internationally. It operates through Publishing and Paid Media segments. It owns and operates sports media platforms consisting of Action Network for sports betting insights; Playmaker HQ for sports and entertainment; Betarades for online sports betting; Soccernews for digital soccer news in the Netherlands; Wettbasis for German sports betting knowledge; VegasInsider for sports betting; SvenskaFans for the Swedish sports fan community; Tipsbladet for sports news in Denmark; Bolavip for sports coverage across South America; and Redgol for soccer news in Chile.

Better Collective A/S Fundamentals Summary

How do Better Collective's earnings and revenue compare to its market cap?
9C8 fundamental statistics
Market cap	€710.92m
Earnings (TTM)	€26.46m
Revenue (TTM)	€360.50m

26.9x

P/E Ratio

2.0x

P/S Ratio

Is 9C8 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
9C8 income statement (TTM)
Revenue	€360.50m
Cost of Revenue	€214.91m
Gross Profit	€145.59m
Other Expenses	€119.13m
Earnings	€26.46m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Feb 19, 2025

Earnings per share (EPS)	0.43
Gross Margin	40.39%
Net Profit Margin	7.34%
Debt/Equity Ratio	50.9%

How did 9C8 perform over the long term?

See historical performance and comparison

9C8 Stock Overview

Rewards

Risk Analysis

Better Collective A/S Competitors

HMSE:NWO

€367.6m

XTRA:G24

€6.2b

XTRA:YOC

€53.9m

XTRA:M8G

€746.3m

Price History & Performance

Recent News & Updates

Third quarter 2024 earnings released: EPS: €0.018 (vs €0.056 in 3Q 2023)

Investor sentiment deteriorates as stock falls 37%

Better Collective A/S Updates Earnings Guidance for the Full Year 2024

Better Collective Announces Nomination Committee Appointments

Independent Chairman recently sold €3.1m worth of stock

Second quarter 2024 earnings released: EPS: €0.16 (vs €0.15 in 2Q 2023)

Recent updates

Third quarter 2024 earnings released: EPS: €0.018 (vs €0.056 in 3Q 2023)

Investor sentiment deteriorates as stock falls 37%

Better Collective A/S Updates Earnings Guidance for the Full Year 2024

Better Collective Announces Nomination Committee Appointments

Independent Chairman recently sold €3.1m worth of stock

Second quarter 2024 earnings released: EPS: €0.16 (vs €0.15 in 2Q 2023)

Better Collective A/S (OM:BETCO) commences an Equity Buyback for 6,289,950 shares, representing 10% of its issued share capital, under the authorization approved on April 22, 2024.

Investor sentiment deteriorates as stock falls 15%

Better Collective A/S to Report Fiscal Year 2024 Final Results on Mar 25, 2025

First quarter 2024 earnings released: EPS: €0.13 (vs €0.38 in 1Q 2023)

Better Collective A/S to Report Q3, 2024 Results on Nov 13, 2024

Full year 2023 earnings released: EPS: €0.72 (vs €0.88 in FY 2022)

Better Collective A/S has completed a Follow-on Equity Offering in the amount of €1.081907 billion.

Better Collective A/S has filed a Follow-on Equity Offering.

Full year 2023 earnings released: EPS: €0.72 (vs €0.88 in FY 2022)

New minor risk - Shareholder dilution

Better Collective A/S (OM:BETCO) completed the acquisition of Playmaker Capital Inc. (TSXV:PMKR) from a group of shareholders.

Better Collective A/S (OM:BETCO) completed the acquisition of Playmaker Capital Inc. (TSXV:PMKR) from a group of shareholders.

Third quarter 2023 earnings released: EPS: €0.056 (vs €0.13 in 3Q 2022)

Investor sentiment deteriorates as stock falls 22%

Better Collective A/S to Report Q1, 2024 Results on May 21, 2024

New minor risk - Share price stability

Better Collective A/S (OM:BETCO) entered into a definitive agreement to acquire Playmaker Capital Inc. (TSXV:PMKR) from Jordan Gnat, Relay Ventures Parallel Fund III L.P. managed by Relay Ventures and others for approximately CAD 170 million.

Better Collective A/S (OM:BETCO) entered into a definitive agreement to acquire Playmaker Capital Inc. (TSXV:PMKR) from Jordan Gnat, Relay Ventures Parallel Fund III L.P. managed by Relay Ventures and others for approximately CAD 170 million.

Better Collective A/S Announces Board Appoiintments

Better Collective A/S (OM:BETCO) agreed to acquire TIPS-bladet A/S from Henrik Stegger Nielsen for €6.5 million.

Better Collective A/S (OM:BETCO) acquired Goalmedia Tecnologia E Marketing Digital LTDA.

Better Collective A/S (OM:BETCO) acquired Goalmedia Tecnologia E Marketing Digital LTDA.

Better Collective A/S (OM:BETCO) completed the acquisition of Media portfolio of Everysport Group from Everysport Group AB (publ) (NGM:EVERY).

Second quarter 2023 earnings released: EPS: €0.15 (vs €0.13 in 2Q 2022)

Better Collective A/S to Report Q4, 2023 Results on Feb 21, 2024

Better Collective A/S (OM:BETCO) entered into an agreement to acquire Media portfolio of Everysport Group from Everysport Group AB (publ) (NGM:EVERY) for SEK 44 million.

Better Collective A/S Announces Executive Changes

Better Collective A/S (OM:BETCO) commences an Equity Buyback Plan for 5,514,966 shares, representing 10% of its issued share capital, under the authorization approved on April 25, 2023.

Better Collective A/S (OM:BETCO) acquired Playmaker HQ for $54 million.

Better Collective A/S Announces Appointment of Dynamic Country Director for Brazil

Full year 2022 earnings released: EPS: €0.88 (vs €0.34 in FY 2021)

Investor sentiment improves as stock rises 22%

Better Collective A/S Provides Revenue Guidance for the Fiscal Year 2022

Better Collective A/S acquired an unknown minority stake in Catena Media plc.

Better Collective A/S to Report Q4, 2022 Results on Feb 21, 2023

Better Collective A/S Appoints Petra Zackrisson as SVP of Growth

Third quarter 2022 earnings released: EPS: €0.13 (vs €0.065 loss in 3Q 2021)

Better Collective A/S Appoints Nomination Committee

Better Collective A/S to Report Q3, 2022 Results on Nov 17, 2022

Better Collective A/S (OM:BETCO) announces an Equity Buyback for 5,483,388 shares, representing 10% of its issued share capital, under the authorization approved on April 26, 2022.

Better Collective A/S (OM:BETCO) announces an Equity Buyback for 5,483,388 shares, representing 10% of its issued share capital, under the authorization approved on April 26, 2022.

Second quarter 2022 earnings released: EPS: €0.13 (vs €0.033 in 2Q 2021)

Better Collective A/S to Report Q2, 2022 Results on Aug 23, 2022

Investor sentiment improved over the past week

First quarter 2022 earnings released: EPS: €0.25 (vs €0.18 in 1Q 2021)

Better Collective Revises Revenue Guidance for the Year 2022

Better Collective A/S to Report Q1, 2022 Results on May 18, 2022

Better Collective A/S (OM:BETCO) acquired Futbin and related assets from FUTBIN Inc.

Full year 2021 earnings released: EPS: €0.34 (vs €0.47 in FY 2020)

Investor sentiment improved over the past week

Full year 2021 earnings: EPS in line with expectations, revenues disappoint

Investor sentiment deteriorated over the past week

Better Collective A/S Provides Earnings Guidance for the Year 2022