Better Collective
Market Cap
kr11.1b
Last Updated
2021/04/19 17:39 UTC
Data Sources
Company Financials +
Executive Summary
Better Collective A/S, together with its subsidiaries, operates as a sports betting media company worldwide. More Details
Rewards
Risk Analysis
Snowflake Analysis
Exceptional growth potential with proven track record.
Similar Companies
Share Price & News
How has Better Collective's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: BETCO is not significantly more volatile than the rest of Swedish stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: BETCO's weekly volatility (7%) has been stable over the past year.
Market Performance
7 Day Return
3.5%
BETCO
2.6%
SE Hospitality
2.0%
SE Market
1 Year Return
170.1%
BETCO
171.1%
SE Hospitality
61.8%
SE Market
Return vs Industry: BETCO matched the Swedish Hospitality industry which returned 171.1% over the past year.
Return vs Market: BETCO exceeded the Swedish Market which returned 61.8% over the past year.
Shareholder returns
| BETCO | Industry | Market | |
|---|---|---|---|
| 7 Day | 3.5% | 2.6% | 2.0% |
| 30 Day | 16.6% | 13.6% | 7.0% |
| 90 Day | 18.0% | 48.6% | 16.2% |
| 1 Year | 170.1%170.1% | 176.5%171.1% | 65.8%61.8% |
| 3 Year | n/a | 239.2%204.7% | 74.2%55.6% |
| 5 Year | n/a | 361.4%288.5% | 109.4%68.3% |
Long-Term Price Volatility Vs. Market
How volatile is Better Collective's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 year ago | Simply Wall St
Can Better Collective A/S (STO:BETCO) Improve Its Returns?1 year ago | Simply Wall St
Does Better Collective's (STO:BETCO) Share Price Gain of 18% Match Its Business Performance?1 year ago | Simply Wall St
Do Institutions Own Shares In Better Collective A/S (STO:BETCO)?Valuation
Is Better Collective undervalued compared to its fair value and its price relative to the market?
4.3%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: BETCO (SEK235.5) is trading below our estimate of fair value (SEK245.97)
Significantly Below Fair Value: BETCO is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: BETCO is poor value based on its PE Ratio (49.6x) compared to the SE Hospitality industry average (23.3x).
PE vs Market: BETCO is poor value based on its PE Ratio (49.6x) compared to the Swedish market (27.1x).
Price to Earnings Growth Ratio
PEG Ratio: BETCO is poor value based on its PEG Ratio (1.6x)
Price to Book Ratio
PB vs Industry: BETCO is overvalued based on its PB Ratio (6.7x) compared to the SE Hospitality industry average (5x).
Future Growth
How is Better Collective forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
30.6%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BETCO's forecast earnings growth (30.6% per year) is above the savings rate (0.4%).
Earnings vs Market: BETCO's earnings (30.6% per year) are forecast to grow faster than the Swedish market (8.1% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: BETCO's revenue (25.5% per year) is forecast to grow faster than the Swedish market (3.6% per year).
High Growth Revenue: BETCO's revenue (25.5% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: BETCO's Return on Equity is forecast to be high in 3 years time (22.7%)
Past Performance
How has Better Collective performed over the past 5 years?
34.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BETCO has high quality earnings.
Growing Profit Margin: BETCO's current net profit margins (24%) are higher than last year (20.7%).
Past Earnings Growth Analysis
Earnings Trend: BETCO's earnings have grown significantly by 34.6% per year over the past 5 years.
Accelerating Growth: BETCO's earnings growth over the past year (57.1%) exceeds its 5-year average (34.6% per year).
Earnings vs Industry: BETCO earnings growth over the past year (57.1%) underperformed the Hospitality industry 68.9%.
Return on Equity
High ROE: BETCO's Return on Equity (13.5%) is considered low.
Financial Health
How is Better Collective's financial position?
Financial Position Analysis
Short Term Liabilities: BETCO's short term assets (€48.6M) exceed its short term liabilities (€26.3M).
Long Term Liabilities: BETCO's short term assets (€48.6M) do not cover its long term liabilities (€126.2M).
Debt to Equity History and Analysis
Debt Level: BETCO's debt to equity ratio (54.1%) is considered high.
Reducing Debt: Insufficient data to determine if BETCO's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: BETCO's debt is well covered by operating cash flow (30.3%).
Interest Coverage: BETCO's interest payments on its debt are well covered by EBIT (19.3x coverage).
Balance Sheet
Dividend
What is Better Collective current dividend yield, its reliability and sustainability?
1.98%
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate BETCO's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate BETCO's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if BETCO's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if BETCO's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of BETCO's dividend in 3 years as they are not forecast to pay a notable one for the Swedish market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
8.1yrs
Average management tenure
CEO
Jesper Sogaard (37 yo)
17.25yrs
Tenure
€238,000
Compensation
Mr. Jesper Sdgaard is a Founding Partner at Bumble Ventures Management ApS. He Co-founded Better Collective A/S in 2002 and has been its Chief Executive Officer since 2004. He is a Director of Ejendomssels...
CEO Compensation Analysis
Compensation vs Market: Jesper's total compensation ($USD286.30K) is below average for companies of similar size in the Swedish market ($USD901.02K).
Compensation vs Earnings: Jesper's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: BETCO's management team is seasoned and experienced (8.1 years average tenure).
Board Members
Experienced Board: BETCO's board of directors are considered experienced (3.6 years average tenure).
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.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Better Collective A/S's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Better Collective A/S
- Ticker: BETCO
- Exchange: OM
- Founded: 2002
- Industry: Casinos and Gaming
- Sector: Consumer Services
- Market Cap: kr11.078b
- Shares outstanding: 46.94m
- Website: https://www.bettercollective.com
Number of Employees
Location
- Better Collective A/S
- Toldbodgade 12
- Copenhagen
- Capital Region of Denmark
- 1253
- Denmark
Listings
Biography
Better Collective A/S, together with its subsidiaries, operates as a sports betting media company worldwide. It connects sports enthusiastic bettors with betting operators through various technologies and ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/04/19 17:39 |
| End of Day Share Price | 2021/04/19 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
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.