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BETS

BetssonOM:BETS B Stock Report

Last Price

kr52.05

Market Cap

kr7.1b

7D

1.3%

1Y

-36.8%

Updated

23 Jan, 2022

Data

Company Financials +
BETS B fundamental analysis
Snowflake Score
Valuation5/6
Future Growth1/6
Past Performance5/6
Financial Health5/6
Dividends5/6

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

Kindred Group

OM:KIND SDB

kr23.4b

Kambi Group

OM:KAMBI

kr7.0b

LeoVegas

OM:LEO

kr3.2b

Electronic Arts

NasdaqGS:EA

US$39.3b

Price History & Performance

Summary of all time highs, changes and price drops for Betsson
Historical stock prices
Current Share Pricekr52.05
52 Week Highkr91.90
52 Week Lowkr47.46
Beta0.87
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 IPO1,461.50%

Recent News & Updates

Nov 23
Betsson (STO:BETS B) Looks To Prolong Its Impressive Returns

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 BSE HospitalitySE Market
7D1.3%-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

Is BETS B's price volatile compared to industry and market?
BETS B volatility
BETS B Average Weekly Movement5.0%
Hospitality Industry Average Movement6.1%
Market Average Movement6.7%
10% most volatile stocks in SE Market11.7%
10% least volatile stocks in SE Market3.9%

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

FoundedEmployeesCEOWebsite
19631,970Per-Anders Perssonhttps://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

How do Betsson's earnings and revenue compare to its market cap?
BETS B fundamental statistics
Market Capkr7.12b
Earnings (TTM)kr1.17b
Revenue (TTM)kr6.84b

6.1x

P/E Ratio

1.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
BETS B income statement (TTM)
Revenuekr6.84b
Cost of Revenuekr1.66b
Gross Profitkr5.18b
Expenseskr4.01b
Earningskr1.17b

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

Feb 10, 2022

Earnings per share (EPS)8.57
Gross Margin75.79%
Net Profit Margin17.15%
Debt/Equity Ratio20.3%

How did BETS B perform over the long term?

See historical performance and comparison

Dividends

7.1%

Current Dividend Yield

43%

Payout Ratio

Valuation

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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/23 18:45
End of Day Share Price2022/01/21 00:00
Earnings2021/09/30
Annual Earnings2020/12/31


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.