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Super Group (SGHC) LimitedNYSE:SGHC Stock Report

Market Cap US$6.6b
Share Price
US$13.18
US$17.38
24.1% undervalued intrinsic discount
1Y53.6%
7D2.3%
Portfolio Value
View

Super Group (SGHC) Limited

NYSE:SGHC Stock Report

Market Cap: US$6.6b

SGHC Community Fair Values

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Super Group (SGHC) Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Super Group (SGHC)
Historical stock prices
Current Share PriceUS$13.18
52 Week HighUS$14.38
52 Week LowUS$8.12
Beta1.13
1 Month Change28.84%
3 Month Change48.76%
1 Year Change53.61%
3 Year Change253.35%
5 Year Change27.96%
Change since IPO35.18%

Recent News & Updates

Narrative Update May 04

SGHC: 2026 Dividend Plan Will Anchor Confidence Despite Short Seller Pressure

Analysts have nudged their price target on Super Group (SGHC) to $18 from $17, supported by FY25 results that came in ahead of expectations and a view that there is room for results to exceed baseline assumptions into 2026. Analyst Commentary Recent research updates around Super Group (SGHC) focus on how the latest FY25 results and upcoming investor interactions could influence views on execution and valuation through 2026.
Narrative Update Apr 19

SGHC: 2026 Dividend Plan Will Underpin Confidence In Earnings Trajectory

Super Group's latest narrative update reflects a modestly higher analyst price target, with expectations supported by recent research highlighting FY25 results ahead of expectations and a potential pathway for results to exceed baseline forecasts as 2026 progresses. Analyst Commentary Recent research coverage on Super Group focuses on the company’s FY25 performance versus expectations and the implications for valuation as execution unfolds into 2026.
Narrative Update Apr 03

SGHC: 2026 Dividend Plan And Revenue Guidance Will Support Upside

Analysts have lifted their price target on Super Group (SGHC) to $18 from $17, reflecting views that recent FY25 results ahead of expectations and a possible path for results to exceed baseline expectations in 2026 support a slightly higher valuation. Analyst Commentary Bullish Takeaways Bullish analysts view the lift in the price target to $18 as a reflection of stronger perceived execution after FY25 results came in ahead of expectations, which supports a higher valuation range.

Recent updates

Narrative Update May 04

SGHC: 2026 Dividend Plan Will Anchor Confidence Despite Short Seller Pressure

Analysts have nudged their price target on Super Group (SGHC) to $18 from $17, supported by FY25 results that came in ahead of expectations and a view that there is room for results to exceed baseline assumptions into 2026. Analyst Commentary Recent research updates around Super Group (SGHC) focus on how the latest FY25 results and upcoming investor interactions could influence views on execution and valuation through 2026.
Narrative Update Apr 19

SGHC: 2026 Dividend Plan Will Underpin Confidence In Earnings Trajectory

Super Group's latest narrative update reflects a modestly higher analyst price target, with expectations supported by recent research highlighting FY25 results ahead of expectations and a potential pathway for results to exceed baseline forecasts as 2026 progresses. Analyst Commentary Recent research coverage on Super Group focuses on the company’s FY25 performance versus expectations and the implications for valuation as execution unfolds into 2026.
Narrative Update Apr 03

SGHC: 2026 Dividend Plan And Revenue Guidance Will Support Upside

Analysts have lifted their price target on Super Group (SGHC) to $18 from $17, reflecting views that recent FY25 results ahead of expectations and a possible path for results to exceed baseline expectations in 2026 support a slightly higher valuation. Analyst Commentary Bullish Takeaways Bullish analysts view the lift in the price target to $18 as a reflection of stronger perceived execution after FY25 results came in ahead of expectations, which supports a higher valuation range.
Narrative Update Mar 20

SGHC: 2026 Dividend Program And Earnings Guidance Will Support Upside

Analysts have raised their price target on Super Group (SGHC) to $18 from $17, citing FY25 results that exceeded expectations and a view that results could surpass baseline assumptions as 2026 progresses. Analyst Commentary Street research following the FY25 release points to a mix of optimism and caution around Super Group (SGHC), with the new US$18 price target framed around how reliably the company can build on results that came in ahead of expectations.
Narrative Update Mar 06

SGHC: 2026 Dividend Plan And Guidance Will Support Bullish Case

Analysts have trimmed their blended fair value estimate for Super Group (SGHC) slightly from $17.63 to $17.38, even as some Street price targets moved up to $18. This reflects the view that recent FY25 results and the potential for 2026 outcomes to exceed baseline expectations support a modestly higher long term P/E and still solid margins.
Seeking Alpha Feb 24

Super Group Q4 Review: Fantastic Shift Of Strategy (Rating Upgrade)

Summary Super Group Limited is upgraded to a Buy after delivering strong revenue growth, margin expansion, and strategic execution. SGHC reported Q4 revenues of $578.3m (up 8% y/y) and full-year adjusted EBITDA up 57% to $559.5m, with a 25% margin. Guidance for 2026 exceeds consensus: revenues at least $2.55B and adjusted EBITDA at least $680m, driven by exits from U.S. iGaming and focus on Africa, the UK, and Canada. Management increased the quarterly dividend by 25% and maintains a robust, debt-free balance sheet, supporting further expansion and shareholder returns. Read the full article on Seeking Alpha
Narrative Update Feb 19

SGHC: Special Dividend And 2025 Guidance Will Support Bullish Outlook

Analysts have kept their $17.63 price target for Super Group (SGHC) unchanged, citing slightly revised assumptions around discount rate, revenue growth, profit margins, and a higher future P/E outlook as key factors behind the maintained view. What's in the News Spruce Point Capital Management issued a report titled "A Super Simple Short Thesis," expressing a "Strong Sell" view on Super Group (SGHC) and estimating potential long term downside of 20% to 50% to about $4.25 to $6.80 per share (Periodicals).
Narrative Update Feb 05

SGHC: Special Dividend And 2025 Guidance Will Support Further Upside

Analysts have raised their price target on Super Group (SGHC) to US$17.63, citing updated assumptions for the discount rate, revenue growth, profit margin, and future P/E, which they say better reflect the stock's current risk and earnings profile. What's in the News Super Group (SGHC) declared a special cash dividend of $0.25 per ordinary share, payable on February 9, 2026 to shareholders of record as of February 2, 2026 (Key Developments).
Narrative Update Jan 22

SGHC: Special Dividend And Confirmed 2025 Guidance Will Support Further Upside

Analysts have kept their price target for Super Group (SGHC) broadly unchanged at around US$17.63, with only slight adjustments to inputs such as the discount rate, revenue growth, profit margin and future P/E to reflect updated views on the company’s risk profile and earnings potential. What's in the News Board declares a special cash dividend of $0.25 per ordinary share, payable on February 9, 2026 to shareholders of record on February 2, 2026 (company announcement) Company updates full year 2025 earnings guidance, expecting revenue to be within the previously stated range of $2.17b to $2.27b (company guidance) Earlier revision to full year 2025 guidance set revenue expectations at $2.17b to $2.27b, compared with prior guidance of $2.125b to $2.20b (company guidance) Valuation Changes Fair Value: Analyst fair value estimate remains unchanged at US$17.63 per share.
Narrative Update Jan 08

SGHC: Higher 2025 Revenue Guidance Will Support Further Upside Potential

Analysts have nudged their price target for Super Group (SGHC) slightly lower to about US$17.63 from around US$17.75, reflecting small adjustments to assumptions for fair value, discount rate, revenue growth, profit margin, and future P/E multiples. What's in the News Super Group (SGHC) Limited updated its full year 2025 earnings guidance, giving investors a fresh look at expected revenue.
Analysis Article Dec 29

Getting In Cheap On Super Group (SGHC) Limited (NYSE:SGHC) Is Unlikely

When you see that almost half of the companies in the Hospitality industry in the United States have price-to-sales...
Narrative Update Dec 16

SGHC: Raised 2025 Guidance And Execution Discipline Will Support Further Upside

Analysts have nudged their consolidated price target for Super Group higher to about $18, up roughly $1. They say this reflects increased confidence following management's investor day, where updated mid term financial targets, a disciplined operating strategy, and product innovation plans supported slightly stronger growth and profitability assumptions.
Narrative Update Dec 02

SGHC: Raised 2025 Guidance And Disciplined Execution Will Unlock Further Upside

Super Group's analyst price target saw a modest increase, rising $1 to $18. Analysts highlighted management's positive messaging, updated financial targets, and disciplined strategic approach following the company's investor day.
Narrative Update Nov 18

SGHC: Raised Guidance Will Drive Shares Toward New 2025 Revenue Milestone

Super Group's analyst price target has increased from $17.63 to $18.00 per share, as analysts cited stronger-than-expected financial guidance and confidence in the company's mid-term growth strategies. Analyst Commentary Recent analyst notes reflect growing confidence in Super Group's outlook, with updated targets and new ratings issued following the company's investor day and mid-term guidance update.
Narrative Update Oct 31

SGHC: Medium-Term Financial Outlook Will Drive Renewed Bullish Momentum

Super Group (SGHC) received a series of price target increases from analysts, rising from $15 to as high as $18 per share. Optimism grew following management's investor day updates and improved financial outlooks.
Narrative Update Oct 17

Broad Geographic Expansion And Technology Investments Will Unlock Value

Analysts have raised their price targets for Super Group (SGHC), with new estimates ranging from $16 to $18 per share. They cite confidence in management’s strategies and the company’s positive mid-term financial outlook.
Narrative Update Oct 03

Broad Geographic Expansion And Technology Investments Will Unlock Value

Super Group's analyst price target has risen from $15.63 to $17.63 per share, as analysts highlight improving financial forecasts and greater confidence following positive updates at the company's recent investor day. Analyst Commentary Following Super Group’s recent investor day and positive earnings updates, analysts remain optimistic about the company’s outlook, with several increasing their price targets.
Narrative Update Sep 16

Broad Geographic Expansion And Technology Investments Will Unlock Value

Analysts have raised their price target for Super Group (SGHC) to $15.62, citing record Q2 results, favorable exit from the U.S. iGaming market, and strong operating momentum driven by in-house technology and market share gains. Analyst Commentary Bullish analysts cite record Q2 results, with broad-based strength in both sports betting and iGaming, supporting upward revisions to revenue and adjusted EBITDA guidance for FY25.
Narrative Update Aug 08

Broad Geographic Expansion And Technology Investments Will Unlock Value

Super Group's Analyst Price Target has increased to $15.00, reflecting strong Q2 results, raised FY25 guidance, and positive momentum from its U.S. market exit and scalable in-house technology. Analyst Commentary Bullish analysts highlighted record Q2 results, driven in part by the Club World Cup, leading to an unexpected and sizable increase in FY25 revenue and adjusted EBITDA guidance.
Analysis Article Jun 28

Investors Appear Satisfied With Super Group (SGHC) Limited's (NYSE:SGHC) Prospects As Shares Rocket 27%

Super Group (SGHC) Limited ( NYSE:SGHC ) shares have continued their recent momentum with a 27% gain in the last month...
Analysis Article Jun 01

Super Group (SGHC) Limited (NYSE:SGHC) Shares Could Be 47% Below Their Intrinsic Value Estimate

Key Insights The projected fair value for Super Group (SGHC) is US$16.43 based on 2 Stage Free Cash Flow to Equity...
Seeking Alpha Mar 26

Super Group: The Bet's Still On

Summary Super Group reported exceptional Q4 growth, driven by growth in many African markets and Canada, among other markets. Underlying active user growth was also solid. The company is driving operating leverage in maturing markets, while still continuing to rapidly invest in marketing to create a loyal user base. The iGaming business in the US remains weak, and is still guided to be highly unprofitable in 2025 despite noteworthy growth. The total impact on earnings is still moderate. SGHC stock remains highly undervalued. I estimate 89% upside to a fair value of $12.88. Read the full article on Seeking Alpha
Seeking Alpha Jan 08

Super Group: Betting On African Expansion

Summary Super Group has continued raising the bar with rapid growth in African gambling. At the same time, the Canadian market, among others, also show good growth. The company's exit from the unprofitable US market and acquisition of technology provider Apricot should improve profitability to a great level. The enhanced market positioning makes Super Group an attractive investment, and I estimate 69% upside to a fair value of $10.1. Read the full article on Seeking Alpha
User avatar
New Narrative Nov 21

Decisive Expansion In Africa And Canada Fuels Growth Amid US Market Challenges

Strong market expertise and expansion in Africa and Canada drive revenue growth, with potential regulation benefiting market share.
Seeking Alpha Dec 04

Super Group: Canada Is A Growth Catalyst

Summary Canada is the growth catalyst. Super Group has a dual-brand strategy with Betway for sports betting and Spin for online casino offerings, which enables it to capture market share. Margin should expand to peers' level over time. Read the full article on Seeking Alpha
Seeking Alpha Nov 17

Super Group: Betting On Growth

Summary Super Group operates two prominent online gambling sites on an international basis with in-house technology. The company's growth has halted as regulatory frameworks in the industry have created challenges. If further regulatory changes don't create significant issues for the company, Super Group seems poised for growth that isn't priced into the stock. Read the full article on Seeking Alpha

Shareholder Returns

SGHCUS HospitalityUS Market
7D2.3%-1.6%2.6%
1Y53.6%-5.6%26.2%

Return vs Industry: SGHC exceeded the US Hospitality industry which returned -5.6% over the past year.

Return vs Market: SGHC exceeded the US Market which returned 26.2% over the past year.

Price Volatility

Is SGHC's price volatile compared to industry and market?
SGHC volatility
SGHC Average Weekly Movement6.4%
Hospitality Industry Average Movement8.0%
Market Average Movement7.2%
10% most volatile stocks in US Market16.1%
10% least volatile stocks in US Market3.2%

Stable Share Price: SGHC has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: SGHC's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/a2,726Neal Menashesupergroup.com

Super Group (SGHC) Limited operates as an online sports betting and gaming operator. The company provides Betway, an online sports betting and casino offering; and Spin, a multi-brand online casino. It operates in Africa, the Middle East, the Asia-Pacific, Europe, North America, and South/Latin America.

Super Group (SGHC) Limited Fundamentals Summary

How do Super Group (SGHC)'s earnings and revenue compare to its market cap?
SGHC fundamental statistics
Market capUS$6.65b
Earnings (TTM)US$217.00m
Revenue (TTM)US$2.23b
30.9x
P/E Ratio
3.0x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SGHC income statement (TTM)
RevenueUS$2.23b
Cost of RevenueUS$1.57b
Gross ProfitUS$666.00m
Other ExpensesUS$449.00m
EarningsUS$217.00m

Last Reported Earnings

Dec 31, 2025

Next Earnings Date

May 12, 2026

Earnings per share (EPS)0.43
Gross Margin29.85%
Net Profit Margin9.73%
Debt/Equity Ratio2.1%

How did SGHC perform over the long term?

See historical performance and comparison

Dividends

3.4%
Current Dividend Yield
40%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/11 16:35
End of Day Share Price 2026/05/11 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

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

Super Group (SGHC) Limited is covered by 11 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Michael HickeyBenchmark Company
William LampenBTIG
Maria RippsCanaccord Genuity