company background image
KIND

Kindred Group OM:KIND SDB Stock Report

Last Price

kr84.64

Market Cap

kr18.3b

7D

-1.6%

1Y

-41.6%

Updated

06 Jul, 2022

Data

Company Financials +
KIND SDB fundamental analysis
Snowflake Score
Valuation6/6
Future Growth4/6
Past Performance3/6
Financial Health4/6
Dividends4/6

KIND SDB Stock Overview

Kindred Group plc operates an online gambling business primarily in Europe, Australia, and North America.

Kindred Group Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Kindred Group
Historical stock prices
Current Share Pricekr84.64
52 Week Highkr168.90
52 Week Lowkr74.30
Beta1.36
1 Month Change-12.60%
3 Month Change-19.58%
1 Year Change-41.57%
3 Year Change3.55%
5 Year Change-5.64%
Change since IPO1,470.13%

Recent News & Updates

Jul 06
Is Now An Opportune Moment To Examine Kindred Group plc (STO:KIND SDB)?

Is Now An Opportune Moment To Examine Kindred Group plc (STO:KIND SDB)?

Kindred Group plc ( STO:KIND SDB ), might not be a large cap stock, but it received a lot of attention from a...

Shareholder Returns

KIND SDBSE HospitalitySE Market
7D-1.6%-2.9%-2.9%
1Y-41.6%-34.9%-25.5%

Return vs Industry: KIND SDB underperformed the Swedish Hospitality industry which returned -34.9% over the past year.

Return vs Market: KIND SDB underperformed the Swedish Market which returned -25.5% over the past year.

Price Volatility

Is KIND SDB's price volatile compared to industry and market?
KIND SDB volatility
KIND SDB Average Weekly Movement7.6%
Hospitality Industry Average Movement7.6%
Market Average Movement7.4%
10% most volatile stocks in SE Market12.2%
10% least volatile stocks in SE Market4.7%

Stable Share Price: KIND SDB is not significantly more volatile than the rest of Swedish stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: KIND SDB's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19972,086Henrik Tjärnströmhttps://www.kindredgroup.com

Kindred Group plc operates an online gambling business primarily in Europe, Australia, and North America. The company offers sports betting, including horse racing; poker; casino and games; and bingo through various brands, such as the 32 Red, bingo.com, Casinohuone, Kolikkopelit, Maria Casino, Storspelare, Unibet, Vlad Cazino, and OttoKasino. As of March 15, 2022, it had approximately 30 million registered customers worldwide.

Kindred Group Fundamentals Summary

How do Kindred Group's earnings and revenue compare to its market cap?
KIND SDB fundamental statistics
Market CapUK£1.46b
Earnings (TTM)UK£229.00m
Revenue (TTM)UK£1.15b

6.5x

P/E Ratio

1.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
KIND SDB income statement (TTM)
RevenueUK£1.15b
Cost of RevenueUK£232.70m
Gross ProfitUK£921.00m
Other ExpensesUK£692.00m
EarningsUK£229.00m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

Jul 22, 2022

Earnings per share (EPS)1.04
Gross Margin79.83%
Net Profit Margin19.85%
Debt/Equity Ratio20.0%

How did KIND SDB perform over the long term?

See historical performance and comparison

Dividends

5.0%

Current Dividend Yield

33%

Payout Ratio

Does KIND SDB pay a reliable dividends?

See KIND SDB dividend history and benchmarks
When do you need to buy KIND SDB by to receive an upcoming dividend?
Kindred Group dividend dates
Ex Dividend DateNov 14 2022
Dividend Pay DateNov 18 2022
Days until Ex dividend130 days
Days until Dividend pay date134 days

Does KIND SDB pay a reliable dividends?

See KIND SDB dividend history and benchmarks
We’ve recently updated our valuation analysis.

Valuation

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

Valuation Score

6/6

Valuation Score 6/6

  • 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 KIND SDB?

Other financial metrics that can be useful for relative valuation.

KIND SDB 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/Revenue1.2x
Enterprise Value/EBITDA4.8x
PEG Ratio0.3x

Price to Earnings Ratio vs Peers

How does KIND SDB's PE Ratio compare to its peers?

KIND SDB PE Ratio vs Peers
The above table shows the PE ratio for KIND SDB vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average91.5x
BETS B Betsson
8x8.1%kr8.7b
LEO LeoVegas
317.6x72.1%kr5.9b
KAMBI Kambi Group
13.3x10.5%kr5.3b
EVO Evolution
28.4x19.2%kr204.7b
KIND SDB Kindred Group
6.5x19.1%kr18.6b

Price-To-Earnings vs Peers: KIND SDB is good value based on its Price-To-Earnings Ratio (6.5x) compared to the peer average (91.8x).


Price to Earnings Ratio vs Industry

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

Price-To-Earnings vs Industry: KIND SDB is good value based on its Price-To-Earnings Ratio (6.5x) compared to the Swedish Hospitality industry average (12.7x)


Price to Earnings Ratio vs Fair Ratio

What is KIND SDB'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.

KIND SDB PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio6.5x
Fair PE Ratio21.7x

Price-To-Earnings vs Fair Ratio: KIND SDB is good value based on its Price-To-Earnings Ratio (6.5x) compared to the estimated Fair Price-To-Earnings Ratio (21.7x).


Share Price vs Fair Value

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

Below Fair Value: KIND SDB (SEK84.64) is trading below our estimate of fair value (SEK259.72)

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


Price to Earnings Growth Ratio

PEG Ratio: KIND SDB is good value based on its PEG Ratio (0.3x)


Discover undervalued companies

Future Growth

How is Kindred Group forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

Future Growth Score

4/6

Future Growth Score 4/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


19.1%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: KIND SDB's forecast earnings growth (19.1% per year) is above the savings rate (0.4%).

Earnings vs Market: KIND SDB's earnings (19.1% per year) are forecast to grow faster than the Swedish market (9.6% per year).

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

Revenue vs Market: KIND SDB's revenue (9.7% per year) is forecast to grow faster than the Swedish market (5.4% per year).

High Growth Revenue: KIND SDB's revenue (9.7% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: KIND SDB's Return on Equity is forecast to be high in 3 years time (25.9%)


Discover growth companies

Past Performance

How has Kindred 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


23.4%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: KIND SDB has a high level of non-cash earnings.

Growing Profit Margin: KIND SDB's current net profit margins (19.8%) are higher than last year (19.2%).


Past Earnings Growth Analysis

Earnings Trend: KIND SDB's earnings have grown significantly by 23.4% per year over the past 5 years.

Accelerating Growth: KIND SDB's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: KIND SDB had negative earnings growth (-3.3%) over the past year, making it difficult to compare to the Hospitality industry average (7%).


Return on Equity

High ROE: KIND SDB's Return on Equity (40.9%) is considered outstanding.


Discover strong past performing companies

Financial Health

How is Kindred Group's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: KIND SDB's short term assets (£422.1M) do not cover its short term liabilities (£445.3M).

Long Term Liabilities: KIND SDB's short term assets (£422.1M) exceed its long term liabilities (£216.7M).


Debt to Equity History and Analysis

Debt Level: KIND SDB has more cash than its total debt.

Reducing Debt: KIND SDB's debt to equity ratio has increased from 17% to 20% over the past 5 years.

Debt Coverage: KIND SDB's debt is well covered by operating cash flow (172.7%).

Interest Coverage: KIND SDB's interest payments on its debt are well covered by EBIT (51.8x coverage).


Balance Sheet


Discover healthy companies

Dividend

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

Dividend Score

4/6

Dividend Score 4/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


5.00%

Current Dividend Yield

Upcoming Dividend Payment

TodayJul 07 2022Ex Dividend DateNov 14 2022Dividend Pay DateNov 18 20224 days from Ex DividendBuy in the next 130 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: KIND SDB's dividend (5%) is higher than the bottom 25% of dividend payers in the Swedish market (1.63%).

High Dividend: KIND SDB's dividend (5%) is low compared to the top 25% of dividend payers in the Swedish market (5.42%).


Stability and Growth of Payments

Stable Dividend: KIND SDB's dividend payments have been volatile in the past 10 years.

Growing Dividend: KIND SDB's dividend payments have increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (33.1%), KIND SDB's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (51.6%), KIND SDB's dividend payments are covered by cash flows.


Discover strong dividend paying companies

Management

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

3.5yrs

Average management tenure


CEO

Henrik Tjärnström (52 yo)

12yrs

Tenure

UK£1,404,100

Compensation

Mr. Henrik Tjärnström has been the Chief Executive Officer of Kindred Group plc since July 2010. Mr. Tjärnström serves as the Chief Executive Officer of Trannel International Ltd (formerly known as Unibet...


CEO Compensation Analysis

Compensation vs Market: Henrik's total compensation ($USD1.67M) is above average for companies of similar size in the Swedish market ($USD1.10M).

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


Leadership Team

Experienced Management: KIND SDB's management team is considered experienced (3.5 years average tenure).


Board Members

Experienced Board: KIND SDB's board of directors are considered experienced (3.2 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

Kindred Group plc's employee growth, exchange listings and data sources


Key Information

  • Name: Kindred Group plc
  • Ticker: KIND SDB
  • Exchange: OM
  • Founded: 1997
  • Industry: Casinos and Gaming
  • Sector: Consumer Services
  • Implied Market Cap: kr18.346b
  • Shares outstanding: 219.61m
  • Website: https://www.kindredgroup.com

Number of Employees


Location

  • Kindred Group plc
  • The Centre
  • Level 6
  • Sliema
  • TPO 0001
  • Malta

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/07/06 00:00
End of Day Share Price2022/07/06 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


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.