Kambi Group plc

OM:KAMBI Stock Report

Market Cap: SEK 3.4b

Kambi Group Valuation

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

Valuation Score

2/6

Valuation Score 2/6

  • 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 KAMBI when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
SEK 171.90
Fair Value
30.4% undervalued intrinsic discount
3
Number of Analysts

Below Fair Value: KAMBI (SEK119.6) is trading below our estimate of fair value (SEK171.9)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for KAMBI. This is calculated by dividing KAMBI's market cap by their current earnings.
What is KAMBI's PE Ratio?
PE Ratio23.9x
Earnings€13.01m
Market Cap€311.54m

Price to Earnings Ratio vs Peers

How does KAMBI's PE Ratio compare to its 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.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average9.6x
BETS B Betsson
12.6x14.79%SEK 26.1b
ANGL Angler Gaming
10.5x29.20%SEK 270.7m
FABLE Fable Media Group
5.3x14.32%SEK 178.0m
EVO Evolution
9.8x3.83%SEK 132.9b
KAMBI Kambi Group
23.9x27.79%SEK 3.4b

Price-To-Earnings vs Peers: KAMBI is expensive based on its Price-To-Earnings Ratio (23.9x) compared to the peer average (9.6x).

Price to Earnings Ratio vs Industry

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

7 CompaniesPrice / EarningsEstimated GrowthMarket Cap
KAMBI 23.9xIndustry Avg. 18.6xNo. of Companies23PE020406080100+
7 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: KAMBI is expensive based on its Price-To-Earnings Ratio (23.9x) compared to the European Hospitality industry average (18.5x).

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 Ratio23.9x
Fair PE Ratio18.4x

Price-To-Earnings vs Fair Ratio: KAMBI is expensive based on its Price-To-Earnings Ratio (23.9x) compared to the estimated Fair Price-To-Earnings Ratio (18.4x).

Analyst Price Targets

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

The above table shows the analyst KAMBI forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentSEK 119.60
SEK 153.25
+28.14%
22.69%SEK 195.38SEK 110.21n/a3
May ’26SEK 106.00
SEK 169.14
+59.57%
28.40%SEK 227.43SEK 98.65n/a4
Apr ’26SEK 105.20
SEK 167.43
+59.15%
28.27%SEK 223.74SEK 97.05n/a4
Mar ’26SEK 105.30
SEK 171.72
+63.08%
28.69%SEK 231.13SEK 100.26n/a4
Feb ’26SEK 123.10
SEK 179.60
+45.90%
26.32%SEK 237.28SEK 115.65n/a4
Jan ’26SEK 100.90
SEK 178.62
+77.03%
26.25%SEK 236.47SEK 115.26n/a4
Dec ’25SEK 102.50
SEK 180.40
+76.00%
26.51%SEK 239.64SEK 116.80n/a4
Nov ’25SEK 135.90
SEK 182.59
+34.36%
22.81%SEK 234.84SEK 130.82n/a4
Oct ’25SEK 128.40
SEK 162.36
+26.45%
18.99%SEK 204.11SEK 130.61n/a3
Sep ’25SEK 116.20
SEK 183.97
+58.32%
22.70%SEK 238.78SEK 133.30n/a4
Aug ’25SEK 123.10
SEK 183.97
+49.45%
22.70%SEK 238.78SEK 133.30n/a4
Jul ’25SEK 104.30
SEK 174.24
+67.05%
25.06%SEK 231.75SEK 115.24n/a4
Jun ’25SEK 101.70
SEK 174.52
+71.60%
25.44%SEK 237.55SEK 118.13SEK 121.304
May ’25SEK 100.60
SEK 176.79
+75.74%
25.41%SEK 241.67SEK 120.17SEK 106.004
Apr ’25SEK 92.40
SEK 175.58
+90.02%
23.54%SEK 238.10SEK 123.97SEK 105.204
Mar ’25SEK 108.50
SEK 171.37
+57.94%
23.48%SEK 230.49SEK 120.00SEK 105.304
Feb ’25SEK 139.80
SEK 214.59
+53.50%
16.33%SEK 248.67SEK 156.96SEK 123.104
Jan ’25SEK 167.70
SEK 219.52
+30.90%
16.93%SEK 251.37SEK 158.66SEK 100.904
Dec ’24SEK 155.70
SEK 219.52
+40.99%
16.93%SEK 251.37SEK 158.66SEK 102.504
Nov ’24SEK 160.20
SEK 228.21
+42.45%
10.06%SEK 259.61SEK 205.35SEK 135.903
Oct ’24SEK 162.40
SEK 223.73
+37.76%
9.07%SEK 250.11SEK 200.77SEK 128.403
Sep ’24SEK 180.10
SEK 223.62
+24.16%
9.08%SEK 250.07SEK 200.74SEK 116.203
Aug ’24SEK 198.90
SEK 223.62
+12.43%
9.08%SEK 250.07SEK 200.74SEK 123.103
Jul ’24SEK 198.40
SEK 222.60
+12.20%
15.85%SEK 266.95SEK 180.60SEK 104.303
Jun ’24SEK 213.60
SEK 215.96
+1.10%
15.66%SEK 255.11SEK 172.59SEK 101.703
AnalystConsensusTarget
Consensus Narrative from 3 Analysts
SEK 153.25
Fair Value
22.0% undervalued intrinsic discount
3
Number of Analysts

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/06/07 07:49
End of Day Share Price 2025/06/05 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Kambi Group plc is covered by 7 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jack CummingsBerenberg
Martin ArnellDNB Carnegie
Rasmus EngbergHandelsbanken Capital Markets