(SGHC) SGHC - Overview

Exchange: NYSE • Country: Guernsey • Currency: USD • Type: Common Stock • ISIN: GG00BMG42V42

Stock: Sports Betting, Online Casino

Total Rating 51
Risk 95
Buy Signal -0.01

EPS (Earnings per Share)

EPS (Earnings per Share) of SGHC over the last years for every Quarter: "2020-12": -0.2897, "2021-03": 0.08, "2021-06": -0.66, "2021-09": -0.14, "2021-12": null, "2022-03": 0.08, "2022-06": 0.1, "2022-09": 0.06, "2022-12": 0.04, "2023-03": 0.03, "2023-06": 0.05, "2023-09": 0.05, "2023-12": -0.09, "2024-03": 0.02, "2024-06": -0.0017, "2024-09": 0.09, "2024-12": 0.1325, "2025-03": 0.1168, "2025-06": -0.01, "2025-09": 0.16,

Revenue

Revenue of SGHC over the last years for every Quarter: 2020-12: 257.466999, 2021-03: 311.811, 2021-06: 355.199, 2021-09: 312.597, 2021-12: 334.478, 2022-03: 334.478, 2022-06: 320.816, 2022-09: 307.821, 2022-12: 329.095, 2023-03: 338.521, 2023-06: 380.789, 2023-09: 356.888, 2023-12: 359.919, 2024-03: 412, 2024-06: 414.746, 2024-09: 449.944155, 2024-12: 428.94271867, 2025-03: 517, 2025-06: 579, 2025-09: 474.4526,

Dividends

Dividend Yield 4.36%
Yield on Cost 5y 4.35%
Yield CAGR 5y -36.00%
Payout Consistency 86.9%
Payout Ratio 138.7%
Risk 5d forecast
Volatility 50.2%
Relative Tail Risk -10.7%
Reward TTM
Sharpe Ratio 0.44
Alpha -3.64
Character TTM
Beta 1.038
Beta Downside 0.924
Drawdowns 3y
Max DD 36.06%
CAGR/Max DD 1.01

Description: SGHC SGHC January 09, 2026

Super Group (SGHC) Limited (NYSE: SGHC) is an online sports betting and gaming operator headquartered in Saint Peter Port, Guernsey. Its flagship brands are Betway, which combines sports betting with a casino platform, and Spin, a multi-brand online casino. The company’s footprint spans Africa, the Middle East, Asia-Pacific, Europe, North America, and South/Latin America, giving it exposure to both emerging and mature regulated markets.

Key operating metrics (2023 FY): Revenue of roughly $1.2 billion, an EBITDA margin of ~12 %, and an active registered user base exceeding 30 million, with mobile users accounting for about 70 % of traffic. The online gambling sector is projected to grow at a CAGR of ~10 % through 2029, driven by rising internet penetration, liberalization of betting regulations in the U.S. and Europe, and increasing consumer discretionary spending on digital entertainment.

Strategic considerations: SGHC’s diversified geographic mix mitigates reliance on any single jurisdiction, but regulatory risk remains material-particularly in markets where licensing frameworks are evolving. Additionally, the company’s ability to monetize its user base through cross-sell of sports betting and casino products is a critical lever for margin expansion.

For a deeper quantitative analysis of SGHC’s valuation and peer dynamics, the ValueRay platform offers a concise, data-driven overview worth exploring.

Piotroski VR‑10 (Strict, 0-10) 8.0

Net Income: 200.1m TTM > 0 and > 6% of Revenue
FCF/TA: 0.17 > 0.02 and ΔFCF/TA 9.49 > 1.0
NWC/Revenue: 14.25% < 20% (prev 9.59%; Δ 4.66% < -1%)
CFO/TA 0.25 > 3% & CFO 295.1m > Net Income 200.1m
Net Debt (-397.0m) to EBITDA (294.2m): -1.35 < 3
Current Ratio: 1.75 > 1.5 & < 3
Outstanding Shares: last quarter (508.5m) vs 12m ago 1.01% < -2%
Gross Margin: 52.41% > 18% (prev 0.43%; Δ 5198 % > 0.5%)
Asset Turnover: 174.8% > 50% (prev 149.4%; Δ 25.33% > 0%)
Interest Coverage Ratio: 40.51 > 6 (EBITDA TTM 294.2m / Interest Expense TTM 6.05m)

Altman Z'' 5.81

A: 0.24 (Total Current Assets 665.0m - Total Current Liabilities 380.0m) / Total Assets 1.19b
B: 0.33 (Retained Earnings 388.0m / Total Assets 1.19b)
C: 0.21 (EBIT TTM 245.3m / Avg Total Assets 1.14b)
D: 1.66 (Book Value of Equity 748.0m / Total Liabilities 450.0m)
Altman-Z'' Score: 5.81 = AAA

Beneish M -3.30

DSRI: 0.89 (Receivables 180.0m/165.7m, Revenue 2.00b/1.64b)
GMI: 0.82 (GM 52.41% / 42.98%)
AQI: 0.84 (AQ_t 0.35 / AQ_t-1 0.42)
SGI: 1.22 (Revenue 2.00b / 1.64b)
TATA: -0.08 (NI 200.1m - CFO 295.1m) / TA 1.19b)
Beneish M-Score: -3.30 (Cap -4..+1) = AA

What is the price of SGHC shares?

As of February 07, 2026, the stock is trading at USD 9.11 with a total of 2,481,753 shares traded.
Over the past week, the price has changed by -1.19%, over one month by -19.41%, over three months by -20.09% and over the past year by +14.61%.

Is SGHC a buy, sell or hold?

SGHC has received a consensus analysts rating of 4.83. Therefore, it is recommended to buy SGHC.
  • StrongBuy: 5
  • Buy: 1
  • Hold: 0
  • Sell: 0
  • StrongSell: 0

What are the forecasts/targets for the SGHC price?

Issuer Target Up/Down from current
Wallstreet Target Price 17.6 93.5%
Analysts Target Price 17.6 93.5%
ValueRay Target Price 9.5 4.6%

SGHC Fundamental Data Overview February 05, 2026

Market Cap EUR = 3.88b (4.58b USD * 0.847 USD.EUR)
P/E Trailing = 22.0732
P/E Forward = 11.4416
P/S = 1.9531
P/B = 6.3663
Revenue TTM = 2.00b EUR
EBIT TTM = 245.3m EUR
EBITDA TTM = 294.2m EUR
Long Term Debt = 16.0m EUR (from longTermDebt, last quarter)
Short Term Debt = 5.00m EUR (from shortTermDebt, last quarter)
Debt = 72.0m EUR (from shortLongTermDebtTotal, last quarter)
Net Debt = -397.0m EUR (from netDebt column, last quarter)
Enterprise Value = 3.46b EUR (3.88b + Debt 72.0m - CCE 485.0m)
Interest Coverage Ratio = 40.51 (Ebit TTM 245.3m / Interest Expense TTM 6.05m)
EV/FCF = 17.35x (Enterprise Value 3.46b / FCF TTM 199.6m)
FCF Yield = 5.76% (FCF TTM 199.6m / Enterprise Value 3.46b)
FCF Margin = 9.98% (FCF TTM 199.6m / Revenue TTM 2.00b)
Net Margin = 10.01% (Net Income TTM 200.1m / Revenue TTM 2.00b)
Gross Margin = 52.41% ((Revenue TTM 2.00b - Cost of Revenue TTM 951.6m) / Revenue TTM)
Gross Margin QoQ = 33.39% (prev 29.19%)
Tobins Q-Ratio = 2.90 (Enterprise Value 3.46b / Total Assets 1.19b)
Interest Expense / Debt = 1.39% (Interest Expense 1.00m / Debt 72.0m)
Taxrate = 27.82% (31.5m / 113.3m)
NOPAT = 177.1m (EBIT 245.3m * (1 - 27.82%))
Current Ratio = 1.75 (Total Current Assets 665.0m / Total Current Liabilities 380.0m)
Debt / Equity = 0.10 (Debt 72.0m / totalStockholderEquity, last quarter 745.0m)
Debt / EBITDA = -1.35 (Net Debt -397.0m / EBITDA 294.2m)
Debt / FCF = -1.99 (Net Debt -397.0m / FCF TTM 199.6m)
Total Stockholder Equity = 658.8m (last 4 quarters mean from totalStockholderEquity)
RoA = 17.49% (Net Income 200.1m / Total Assets 1.19b)
RoE = 30.38% (Net Income TTM 200.1m / Total Stockholder Equity 658.8m)
RoCE = 36.35% (EBIT 245.3m / Capital Employed (Equity 658.8m + L.T.Debt 16.0m))
RoIC = 26.71% (NOPAT 177.1m / Invested Capital 662.8m)
WACC = 9.58% (E(3.88b)/V(3.95b) * Re(9.74%) + D(72.0m)/V(3.95b) * Rd(1.39%) * (1-Tc(0.28)))
Discount Rate = 9.74% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 1.05%
[DCF Debug] Terminal Value 76.30% ; FCFF base≈151.5m ; Y1≈186.9m ; Y5≈318.3m
Fair Price DCF = 8.83 (EV 4.07b - Net Debt -397.0m = Equity 4.46b / Shares 505.6m; r=9.58% [WACC]; 5y FCF grow 25.0% → 2.90% )
EPS Correlation: 37.02 | EPS CAGR: 174.1% | SUE: 0.61 | # QB: 0
Revenue Correlation: 91.16 | Revenue CAGR: 9.77% | SUE: 0.51 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.15 | Chg30d=+0.000 | Revisions Net=+1 | Analysts=1
EPS next Year (2026-12-31): EPS=0.72 | Chg30d=-0.008 | Revisions Net=+1 | Growth EPS=+59.2% | Growth Revenue=+10.2%

Additional Sources for SGHC Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Fund Manager Positions: Dataroma | Stockcircle