Better Collective A/S

BATS-CHIXE:BETCOS Stock Report

Market Cap: SEK 8.2b

Better Collective Valuation

Is BETCOS undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

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

Below Fair Value: BETCOS (SEK219) is trading below our estimate of fair value (SEK959.51)

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


Key Valuation Metric

Which metric is best to use when looking at relative valuation for BETCOS?

Key metric: As BETCOS is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for BETCOS. This is calculated by dividing BETCOS's market cap by their current earnings.
What is BETCOS's PE Ratio?
PE Ratio26.8x
Earnings€26.46m
Market Cap€709.99m

Price to Earnings Ratio vs Peers

How does BETCOS's PE Ratio compare to its peers?

The above table shows the PE ratio for BETCOS vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average47x
MONY MONY Group
13.9x9.5%UK£1.1b
TRST Trustpilot Group
87.8x-0.2%UK£1.2b
BCG Baltic Classifieds Group
61.5x19.8%UK£1.6b
RMV Rightmove
24.8x7.7%UK£4.9b
BETCOS Better Collective
26.8x53.2%SEK 8.2b

Price-To-Earnings vs Peers: BETCOS is good value based on its Price-To-Earnings Ratio (26.8x) compared to the peer average (46.8x).


Price to Earnings Ratio vs Industry

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

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
No. of Companies6PE01224364860+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: BETCOS is expensive based on its Price-To-Earnings Ratio (26.8x) compared to the European Interactive Media and Services industry average (16.3x).


Price to Earnings Ratio vs Fair Ratio

What is BETCOS'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.

BETCOS PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio26.8x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate BETCOS's Price-To-Earnings Fair Ratio for valuation analysis.


Analyst Price Targets

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

Analyst Forecast: Insufficient data to show price forecast.


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