Kambi Group (OM:KAMBI) - Share price, News & Analysis

KAMBI fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	3/6
Past Performance	3/6
Financial Health	6/6
Dividends	0/6

KAMBI Stock Overview

Kambi Group plc operates as a business-to-business supplier of managed sports betting services to business-to-consumer gaming operators in Europe, the Americas, and internationally.

Rewards

Price-To-Earnings ratio (15.7x) is below the Swedish market (15.8x)

Earnings are forecast to grow 10.46% per year

Earnings have grown 48.2% per year over the past 5 years

Risk Analysis

No risks detected for KAMBI from our risk checks.

Kambi Group Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Kambi Group
Historical stock prices
Current Share Price	kr201.00
52 Week High	kr454.80
52 Week Low	kr149.10
Beta	0.76
1 Month Change	-6.86%
3 Month Change	-5.81%
1 Year Change	-52.86%
3 Year Change	31.89%
5 Year Change	107.22%
Change since IPO	491.18%

Recent News & Updates

May 17

Under The Bonnet, Kambi Group's (STO:KAMBI) Returns Look Impressive

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? In a perfect world...

Shareholder Returns

	KAMBI	SE Hospitality	SE Market
7D	-2.6%	4.3%	-1.3%
1Y	-52.9%	-32.4%	-23.6%

Return vs Industry: KAMBI underperformed the Swedish Hospitality industry which returned -32.4% over the past year.

Return vs Market: KAMBI underperformed the Swedish Market which returned -23.6% over the past year.

Price Volatility

Is KAMBI's price volatile compared to industry and market?
KAMBI volatility
KAMBI Average Weekly Movement	7.1%
Hospitality Industry Average Movement	7.3%
Market Average Movement	7.4%
10% most volatile stocks in SE Market	12.2%
10% least volatile stocks in SE Market	4.7%

Stable Share Price: KAMBI is not significantly more volatile than the rest of Swedish stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: KAMBI's weekly volatility (7%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2010	1,019	Kristian Nylen	https://www.kambi.com

Kambi Group plc operates as a business-to-business supplier of managed sports betting services to business-to-consumer gaming operators in Europe, the Americas, and internationally. The company’s services include compliance, odds-compiling, customer intelligence, and risk management services built on an in-house developed software platform. Kambi Group plc was founded in 2010 and is headquartered in Ta' Xbiex, Malta.

Kambi Group Fundamentals Summary

How do Kambi Group's earnings and revenue compare to its market cap?
KAMBI fundamental statistics
Market Cap	€577.17m
Earnings (TTM)	€36.78m
Revenue (TTM)	€156.06m

15.7x

P/E Ratio

3.7x

P/S Ratio

Is KAMBI overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
KAMBI income statement (TTM)
Revenue	€156.06m
Cost of Revenue	€0
Gross Profit	€156.06m
Other Expenses	€119.28m
Earnings	€36.78m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

Jul 27, 2022

Earnings per share (EPS)	1.20
Gross Margin	100.00%
Net Profit Margin	23.57%
Debt/Equity Ratio	5.2%

How did KAMBI perform over the long term?

See historical performance and comparison

We’ve recently updated our valuation analysis.

Valuation

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

Valuation Score

1/6

Valuation Score 1/6

Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
PEG Ratio

Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

The above table shows the n/a ratio for KAMBI. This is calculated by dividing KAMBI's market cap by their current preferred multiple.
What is KAMBI's n/a Ratio?
n/a Ratio	0x
n/a	n/a
Market Cap	€577.17m

KAMBI key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	3.4x
Enterprise Value/EBITDA	11x
PEG Ratio	1.5x

Price to Earnings Ratio vs Peers

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

KAMBI PE Ratio vs Peers

The above table shows the PE ratio for KAMBI vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	PE	Estimated Growth	Market Cap
Peer Average	85.8x

Forward PE

Price-To-Earnings vs Peers: KAMBI is good value based on its Price-To-Earnings Ratio (15.7x) compared to the peer average (85.8x).

Price to Earnings Ratio vs Industry

How does KAMBI's PE Ratio compare vs other companies in the Hospitality Industry?

Price-To-Earnings vs Industry: KAMBI is expensive based on its Price-To-Earnings Ratio (15.7x) compared to the Swedish Hospitality industry average (13.5x)

Price to Earnings Ratio vs Fair Ratio

What is KAMBI'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.

KAMBI PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	15.7x
Fair PE Ratio	14.9x

Price-To-Earnings vs Fair Ratio: KAMBI is expensive based on its Price-To-Earnings Ratio (15.7x) compared to the estimated Fair Price-To-Earnings Ratio (14.9x).

Share Price vs Fair Value

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

Below Fair Value: KAMBI (SEK201) is trading above our estimate of fair value (SEK157.79)

Significantly Below Fair Value: KAMBI is trading above our estimate of fair value.

Price to Earnings Growth Ratio

PEG Ratio: KAMBI is poor value based on its PEG Ratio (1.5x)

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Future Growth

How is Kambi Group forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

Future Growth Score

3/6

Future Growth Score 3/6

Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE

10.5%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings vs Savings Rate: KAMBI's forecast earnings growth (10.5% per year) is above the savings rate (0.3%).

Earnings vs Market: KAMBI's earnings (10.5% per year) are forecast to grow faster than the Swedish market (9.8% per year).

High Growth Earnings: KAMBI's earnings are forecast to grow, but not significantly.

Revenue vs Market: KAMBI's revenue (9% per year) is forecast to grow faster than the Swedish market (5.6% per year).

High Growth Revenue: KAMBI's revenue (9% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: KAMBI's Return on Equity is forecast to be low in 3 years time (16.4%).

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Past Performance

How has Kambi Group performed over the past 5 years?

Past Performance Score

3/6

Past Performance Score 3/6

Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE

48.2%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: KAMBI has high quality earnings.

Growing Profit Margin: KAMBI's current net profit margins (23.6%) are lower than last year (25.8%).

Past Earnings Growth Analysis

Earnings Trend: KAMBI's earnings have grown significantly by 48.2% per year over the past 5 years.

Accelerating Growth: KAMBI's earnings growth over the past year (7%) is below its 5-year average (48.2% per year).

Earnings vs Industry: KAMBI earnings growth over the past year (7%) underperformed the Hospitality industry 7%.

Return on Equity

High ROE: KAMBI's Return on Equity (25.6%) is considered high.

Discover strong past performing companies

Financial Health

How is Kambi Group's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage

Financial Position Analysis

Short Term Liabilities: KAMBI's short term assets (€120.8M) exceed its short term liabilities (€34.8M).

Long Term Liabilities: KAMBI's short term assets (€120.8M) exceed its long term liabilities (€26.0M).

Debt to Equity History and Analysis

Debt Level: KAMBI has more cash than its total debt.

Reducing Debt: KAMBI's debt to equity ratio has reduced from 17.7% to 5.2% over the past 5 years.

Debt Coverage: KAMBI's debt is well covered by operating cash flow (791.4%).

Interest Coverage: KAMBI's interest payments on its debt are well covered by EBIT (43.4x coverage).

Balance Sheet

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Dividend

What is Kambi Group current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate KAMBI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate KAMBI'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 KAMBI's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if KAMBI's dividend payments have been increasing.

Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.

Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as KAMBI has not reported any payouts.

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Management

How experienced are the management team and are they aligned to shareholders interests?

3.2yrs

Average management tenure

CEO

Kristian Nylen (51 yo)

12.42yrs

Tenure

€972,000

Compensation

Mr. Kristian Nylen serves as the Chief Executive Officer at Kambi Group plc. Mr. Nylen served as the Chief Sportsbook Officer of Kindred Group plc (formerly, Unibet Group plc) and served as its Chief Execu...

CEO Compensation Analysis

Compensation vs Market: Kristian's total compensation ($USD1.03M) is about average for companies of similar size in the Swedish market ($USD790.01K).

Compensation vs Earnings: Kristian's compensation has been consistent with company performance over the past year.

Leadership Team

Experienced Management: KAMBI's management team is considered experienced (3.2 years average tenure).

Board Members

Experienced Board: KAMBI's board of directors are considered experienced (8.4 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.

Data	Last Updated (UTC time)
Company Analysis	2022/06/26 00:00
End of Day Share Price	2022/06/23 00:00
Earnings	2022/03/31
Annual Earnings	2021/12/31