Better Collective Valuation

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

BETCO (SEK212) is trading below our estimate of [[fair value]] (SEK737.04)

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

Valuation Score

4/6

Valuation Score 4/6

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

Below Fair Value: BETCO (SEK212) is trading below our estimate of fair value (SEK737.04)

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

Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

The above table shows the n/a ratio for BETCO. This is calculated by dividing BETCO's market cap by their current preferred multiple.
What is BETCO's n/a Ratio?
n/a	0x
n/a	n/a
Market Cap	€1.16b

BETCO 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	4.1x
Enterprise Value/EBITDA	14x
PEG Ratio	0.9x

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for BETCO vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	45.9x
HEM Hemnet Group	84.1x	25.4%	SEK 35.1b
MOBA M.O.B.A. Network	30.8x	n/a	SEK 238.2m
PDX Paradox Interactive	52.2x	39.7%	SEK 16.8b
EVERY Everysport Group	16.7x	n/a	SEK 102.9m
BETCO Better Collective	40.7x	44.2%	SEK 13.2b

Price-To-Earnings vs Peers: BETCO is good value based on its Price-To-Earnings Ratio (40.7x) compared to the peer average (45.9x).

Price to Earnings Ratio vs Industry

How does BETCO's PE Ratio compare vs other companies in the European Interactive Media and Services Industry?

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	46.5%
	n/a	n/a	n/a

Fetching data

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	46.5%
	n/a	n/a	n/a

No more companies

Price-To-Earnings vs Industry: BETCO is expensive based on its Price-To-Earnings Ratio (40.7x) compared to the European Interactive Media and Services industry average (19.2x).

Price to Earnings Ratio vs Fair Ratio

What is BETCO'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.

BETCO PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	40.7x
Fair PE Ratio	34.1x

Price-To-Earnings vs Fair Ratio: BETCO is expensive based on its Price-To-Earnings Ratio (40.7x) compared to the estimated Fair Price-To-Earnings Ratio (34.1x).

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 BETCO forecast and predictions for the stock price in 12 month’s time.
Date	Share Price	Average 1Y Price Target	Dispersion	High	Low	1Y Actual price	Analysts
Current	SEK 212.00	SEK 362.68 +71.1%	7.5%	SEK 399.10	SEK 326.97	n/a	4
Sep ’25	SEK 234.00	SEK 362.68 +55.0%	7.5%	SEK 399.10	SEK 326.97	n/a	4
Aug ’25	SEK 239.50	SEK 362.69 +51.4%	6.1%	SEK 397.58	SEK 332.96	n/a	5
Jul ’25	SEK 225.00	SEK 357.46 +58.9%	6.0%	SEK 390.56	SEK 327.08	n/a	5
Jun ’25	SEK 243.50	SEK 361.87 +48.6%	6.1%	SEK 396.50	SEK 332.06	n/a	5
May ’25	SEK 295.50	SEK 377.49 +27.7%	6.1%	SEK 418.40	SEK 350.10	n/a	5
Apr ’25	SEK 287.50	SEK 373.39 +29.9%	5.9%	SEK 399.59	SEK 345.51	n/a	3
Mar ’25	SEK 287.50	SEK 374.02 +30.1%	5.9%	SEK 399.93	SEK 345.81	n/a	3
Feb ’25	SEK 292.50	SEK 355.82 +21.6%	3.6%	SEK 377.27	SEK 344.50	n/a	4
Jan ’25	SEK 256.50	SEK 352.88 +37.6%	3.7%	SEK 369.94	SEK 337.81	n/a	3
Dec ’24	SEK 236.50	SEK 362.85 +53.4%	4.4%	SEK 378.88	SEK 346.82	n/a	2
Nov ’24	SEK 273.00	SEK 339.26 +24.3%	8.0%	SEK 377.30	SEK 315.74	n/a	3
Oct ’24	SEK 245.00	SEK 349.69 +42.7%	8.9%	SEK 380.75	SEK 318.62	n/a	2
Sep ’24	SEK 259.00	SEK 349.69 +35.0%	8.9%	SEK 380.75	SEK 318.62	SEK 234.00	2
Aug ’24	SEK 243.00	SEK 324.94 +33.7%	4.6%	SEK 340.00	SEK 309.88	SEK 239.50	2
Jul ’24	SEK 223.00	SEK 324.94 +45.7%	4.6%	SEK 340.00	SEK 309.88	SEK 225.00	2
Jun ’24	SEK 226.50	SEK 324.94 +43.5%	4.6%	SEK 340.00	SEK 309.88	SEK 243.50	2
May ’24	SEK 217.00	SEK 316.01 +45.6%	4.4%	SEK 330.02	SEK 302.00	SEK 295.50	2
Apr ’24	SEK 201.20	SEK 270.85 +34.6%	22.2%	SEK 326.48	SEK 187.31	SEK 287.50	3
Feb ’24	SEK 162.50	SEK 225.88 +39.0%	23.4%	SEK 278.69	SEK 173.07	SEK 292.50	2
Jan ’24	SEK 127.20	SEK 220.22 +73.1%	22.6%	SEK 269.91	SEK 170.52	SEK 256.50	2
Dec ’23	SEK 137.90	SEK 220.22 +59.7%	22.6%	SEK 269.91	SEK 170.52	SEK 236.50	2
Nov ’23	SEK 135.50	SEK 247.64 +82.8%	25.6%	SEK 311.10	SEK 184.18	SEK 273.00	2
Oct ’23	SEK 141.30	SEK 244.09 +72.7%	23.1%	SEK 300.43	SEK 187.75	SEK 245.00	2
Sep ’23	SEK 145.00	SEK 244.09 +68.3%	23.1%	SEK 300.43	SEK 187.75	SEK 259.00	2

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.