| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 1/6 |
| Past Performance | 5/6 |
| Financial Health | 5/6 |
| Dividends | 5/6 |
BETS B Stock Overview
Betsson AB, through its subsidiaries, engages in the online gaming business primarily in the Nordic countries, Western Europe, Central and Easter Europe, Central Asia, and internationally.
Betsson Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | kr52.05 |
| 52 Week High | kr91.90 |
| 52 Week Low | kr47.46 |
| Beta | 0.87 |
| 1 Month Change | -1.61% |
| 3 Month Change | -9.16% |
| 1 Year Change | -36.83% |
| 3 Year Change | -38.74% |
| 5 Year Change | -32.62% |
| Change since IPO | 1,461.50% |
Recent News & Updates
Betsson (STO:BETS B) Looks To Prolong Its Impressive Returns
If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. One common...
Shareholder Returns
| BETS B | SE Hospitality | SE Market | |
|---|---|---|---|
| 7D | 1.3% | -2.6% | -2.8% |
| 1Y | -36.8% | 27.6% | 15.9% |
Return vs Industry: BETS B underperformed the Swedish Hospitality industry which returned 27.6% over the past year.
Return vs Market: BETS B underperformed the Swedish Market which returned 15.9% over the past year.
Price Volatility
| BETS B volatility | |
|---|---|
| BETS B Average Weekly Movement | 5.0% |
| Hospitality Industry Average Movement | 6.1% |
| Market Average Movement | 6.7% |
| 10% most volatile stocks in SE Market | 11.7% |
| 10% least volatile stocks in SE Market | 3.9% |
Stable Share Price: BETS B is not significantly more volatile than the rest of Swedish stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: BETS B's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1963 | 1,970 | Per-Anders Persson | https://www.betssonab.com |
Betsson AB, through its subsidiaries, engages in the online gaming business primarily in the Nordic countries, Western Europe, Central and Easter Europe, Central Asia, and internationally. It offers poker, casino, sportsbook, scratch cards, bingo, and other games. The company serves its customers under Betsafe, Betsson, Casino DK, Casino Euro, Casino Winner, Europebet, Uguts, Jackpot 247, Jalla Casino, Kaboo, Loyal Casino, NordicBet, Norges Automaten, RaceBets, Rizk, Star Casino, Suomiarvat, Supercasino.com, Live Roulette, and Thrills brand names.
Betsson Fundamentals Summary
| BETS B fundamental statistics | |
|---|---|
| Market Cap | kr7.12b |
| Earnings (TTM) | kr1.17b |
| Revenue (TTM) | kr6.84b |
6.1x
P/E Ratio1.0x
P/S RatioIs BETS B overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| BETS B income statement (TTM) | |
|---|---|
| Revenue | kr6.84b |
| Cost of Revenue | kr1.66b |
| Gross Profit | kr5.18b |
| Expenses | kr4.01b |
| Earnings | kr1.17b |
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
Feb 10, 2022
| Earnings per share (EPS) | 8.57 |
| Gross Margin | 75.79% |
| Net Profit Margin | 17.15% |
| Debt/Equity Ratio | 20.3% |
How did BETS B perform over the long term?
See historical performance and comparisonDividends
7.1%
Current Dividend Yield43%
Payout RatioValuation
Is Betsson undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: BETS B (SEK52.05) is trading below our estimate of fair value (SEK109.65)
Significantly Below Fair Value: BETS B is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: BETS B is good value based on its PE Ratio (6.1x) compared to the Swedish Hospitality industry average (21.6x).
PE vs Market: BETS B is good value based on its PE Ratio (6.1x) compared to the Swedish market (22.2x).
Price to Earnings Growth Ratio
PEG Ratio: BETS B's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: BETS B is good value based on its PB Ratio (1.3x) compared to the SE Hospitality industry average (2.7x).
Future Growth
How is Betsson forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
-5.2%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BETS B's earnings are forecast to decline over the next 3 years (-5.2% per year).
Earnings vs Market: BETS B's earnings are forecast to decline over the next 3 years (-5.2% per year).
High Growth Earnings: BETS B's earnings are forecast to decline over the next 3 years.
Revenue vs Market: BETS B's revenue (4.6% per year) is forecast to grow faster than the Swedish market (1.6% per year).
High Growth Revenue: BETS B's revenue (4.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: BETS B's Return on Equity is forecast to be low in 3 years time (15.3%).
Past Performance
How has Betsson performed over the past 5 years?
5.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BETS B has high quality earnings.
Growing Profit Margin: BETS B's current net profit margins (17.1%) are higher than last year (15.7%).
Past Earnings Growth Analysis
Earnings Trend: BETS B's earnings have grown by 5% per year over the past 5 years.
Accelerating Growth: BETS B's earnings growth over the past year (26.3%) exceeds its 5-year average (5% per year).
Earnings vs Industry: BETS B earnings growth over the past year (26.3%) underperformed the Hospitality industry 26.3%.
Return on Equity
High ROE: BETS B's Return on Equity (20.4%) is considered high.
Financial Health
How is Betsson's financial position?
Financial Position Analysis
Short Term Liabilities: BETS B's short term assets (SEK3.0B) do not cover its short term liabilities (SEK3.3B).
Long Term Liabilities: BETS B's short term assets (SEK3.0B) exceed its long term liabilities (SEK182.9M).
Debt to Equity History and Analysis
Debt Level: BETS B has more cash than its total debt.
Reducing Debt: BETS B's debt to equity ratio has reduced from 37.7% to 20.3% over the past 5 years.
Debt Coverage: BETS B's debt is well covered by operating cash flow (136.5%).
Interest Coverage: BETS B's interest payments on its debt are well covered by EBIT (39.2x coverage).
Balance Sheet
Dividend
What is Betsson current dividend yield, its reliability and sustainability?
7.07%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: BETS B's dividend (7.07%) is higher than the bottom 25% of dividend payers in the Swedish market (1.04%).
High Dividend: BETS B's dividend (7.07%) is in the top 25% of dividend payers in the Swedish market (3.42%)
Stability and Growth of Payments
Stable Dividend: BETS B's dividend payments have been volatile in the past 10 years.
Growing Dividend: BETS B's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (43.2%), BETS B's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: BETS B's dividends in 3 years are forecast to be covered by earnings (50% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.9yrs
Average management tenure
CEO
Per-Anders Persson (62 yo)
no data
Tenure
Mr. Per-Anders Persson serves as Chief Executive Officer of Cherry Casino AB of Betsson AB (a/k/a Cherryföretagen Ab). Mr. Persson serves as Vice Chief Eexecuitve Officer of Restaurant Casino at Cherryföre...
Leadership Team
Experienced Management: BETS B's management team is considered experienced (2.9 years average tenure).
Board Members
Experienced Board: BETS B's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: BETS B 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
Betsson AB's employee growth, exchange listings and data sources
Key Information
- Name: Betsson AB
- Ticker: BETS B
- Exchange: OM
- Founded: 1963
- Industry: Casinos and Gaming
- Sector: Consumer Services
- Implied Market Cap: kr7.121b
- Shares outstanding: 136.80m
- Website: https://www.betssonab.com
Number of Employees
Location
- Betsson AB
- Regeringsgatan 28
- Stockholm
- Stockholm County
- 111 53
- Sweden
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/23 18:45 |
| End of Day Share Price | 2022/01/21 00:00 |
| Earnings | 2021/09/30 |
| 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.