BETCO Stock Overview
Better Collective A/S, together with its subsidiaries, operates as a sports betting media company worldwide.
Better Collective Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||kr148.60|
|52 Week High||kr246.00|
|52 Week Low||kr126.00|
|1 Month Change||-12.64%|
|3 Month Change||-7.12%|
|1 Year Change||-37.56%|
|3 Year Change||82.33%|
|5 Year Change||n/a|
|Change since IPO||118.53%|
Recent News & Updates
Is Better Collective (STO:BETCO) Using Too Much Debt?
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
|BETCO||SE Interactive Media and Services||SE Market|
Return vs Industry: BETCO underperformed the Swedish Interactive Media and Services industry which returned -29.3% over the past year.
Return vs Market: BETCO underperformed the Swedish Market which returned -12.7% over the past year.
|BETCO Average Weekly Movement||7.0%|
|Interactive Media and Services Industry Average Movement||9.8%|
|Market Average Movement||7.8%|
|10% most volatile stocks in SE Market||13.1%|
|10% least volatile stocks in SE Market||5.0%|
Stable Share Price: BETCO is not significantly more volatile than the rest of Swedish stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: BETCO's weekly volatility (7%) has been stable over the past year.
About the Company
Better Collective A/S, together with its subsidiaries, operates as a sports betting media company worldwide. The company primarily focuses on online sports betting and gambling platforms. It offers various community-based digital platforms, including bettingexpert.com, social network of sports betting tipsters; SpilXperten, a sports betting media platform; Action Network, a source for sports betting insights; Irishracing.com, a website, which provides coverage of Irish, British, and international horse racing; Speltips.se for betting tips; HLTV.org, a website for news from the e-sport industry, CS:GO match information, and player and team rankings; RotoGrinders for fantasy sports; Wettbasis, which provides betting tips for German betting enthusiasts; VegasInsider, a platform for betting tips and picks in the United States; Betarades, a platform for online betting news in Greece; PariuriX, a platform in Romania for finding the sports betting tips; ScoresAndOdds, a statistical analysis designed for sports bettors in the US; Wettfreunde, an iGaming Platform in the German language.
Better Collective Fundamentals Summary
|BETCO fundamental statistics|
Is BETCO overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|BETCO income statement (TTM)|
|Cost of Revenue||€0|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||0.32|
|Net Profit Margin||9.77%|
How did BETCO perform over the long term?See historical performance and comparison
Is Better Collective undervalued compared to its fair value and its price relative to the market?
Valuation Score 2/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PB vs Industry
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: BETCO (SEK148.6) is trading below our estimate of fair value (SEK384.61)
Significantly Below Fair Value: BETCO is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: BETCO is poor value based on its PE Ratio (44.5x) compared to the European Interactive Media and Services industry average (28.2x).
PE vs Market: BETCO is poor value based on its PE Ratio (44.5x) compared to the Swedish market (17.4x).
Price to Earnings Growth Ratio
PEG Ratio: BETCO is poor value based on its PEG Ratio (1.3x)
Price to Book Ratio
PB vs Industry: BETCO is overvalued based on its PB Ratio (2.2x) compared to the SE Interactive Media and Services industry average (2.1x).
How is Better Collective forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Future Growth Score4/6
Future Growth Score 4/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BETCO's forecast earnings growth (33.9% per year) is above the savings rate (0.3%).
Earnings vs Market: BETCO's earnings (33.9% per year) are forecast to grow faster than the Swedish market (9.7% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: BETCO's revenue (18.5% per year) is forecast to grow faster than the Swedish market (5.8% per year).
High Growth Revenue: BETCO's revenue (18.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: BETCO's Return on Equity is forecast to be low in 3 years time (16.3%).
How has Better Collective performed over the past 5 years?
Past Performance Score1/6
Past Performance Score 1/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BETCO has a large one-off loss of €18.4M impacting its March 31 2022 financial results.
Growing Profit Margin: BETCO's current net profit margins (9.8%) are lower than last year (24%).
Past Earnings Growth Analysis
Earnings Trend: BETCO's earnings have grown significantly by 33.4% per year over the past 5 years.
Accelerating Growth: BETCO's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: BETCO had negative earnings growth (-21.1%) over the past year, making it difficult to compare to the Interactive Media and Services industry average (46.3%).
Return on Equity
High ROE: BETCO's Return on Equity (5%) is considered low.
How is Better Collective's financial position?
Financial Health Score4/6
Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: BETCO's short term assets (€62.9M) exceed its short term liabilities (€55.5M).
Long Term Liabilities: BETCO's short term assets (€62.9M) do not cover its long term liabilities (€197.1M).
Debt to Equity History and Analysis
Debt Level: BETCO's net debt to equity ratio (31.3%) is considered satisfactory.
Reducing Debt: BETCO's debt to equity ratio has increased from 0.6% to 39.6% over the past 5 years.
Debt Coverage: BETCO's debt is well covered by operating cash flow (23.1%).
Interest Coverage: BETCO's interest payments on its debt are well covered by EBIT (21.5x coverage).
What is Better Collective current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Future Dividend Coverage
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate BETCO's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate BETCO'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 BETCO's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if BETCO'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 BETCO has not reported any payouts.
Discover strong dividend paying companies
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Jesper Sogaard (38 yo)
Mr. Jesper Sdgaard is a Founding Partner at Bumble Ventures Management ApS. He Co-founded Better Collective A/S in 2002 and has been its Chief Executive Officer since 2004. He is a Director of Ejendomssels...
CEO Compensation Analysis
Compensation vs Market: Jesper's total compensation ($USD484.08K) is below average for companies of similar size in the Swedish market ($USD707.22K).
Compensation vs Earnings: Jesper's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Experienced Management: BETCO's management team is considered experienced (3.4 years average tenure).
Experienced Board: BETCO's board of directors are considered experienced (4.5 years average tenure).
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.
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 15.7%.
Better Collective A/S's employee growth, exchange listings and data sources
- Name: Better Collective A/S
- Ticker: BETCO
- Exchange: OM
- Founded: 2004
- Industry: Interactive Media and Services
- Sector: Media
- Implied Market Cap: kr8.077b
- Shares outstanding: 54.35m
- Website: https://www.bettercollective.com
Number of Employees
- Better Collective A/S
- Toldbodgade 12
- Copenhagen K
- Capital Region of Denmark
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/23 00:00|
|End of Day Share Price||2022/05/23 00:00|
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.