19.50 USD (+71.8%)
8 analysts
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Super Group (SGHC) is a global online betting and gambling operator, owner of the Betway brand, generating revenue mainly from sports betting and casino game commissions across multiple regulated jurisdictions.
Key points
from its scores- ✓Very solid balance sheet8.3
- ✓Strong growth8.0
- ✓High-quality business7.9
- !Modest dividend5.3
- !Risks to watch5.4
AI analysis
bottom line, main risk, context and newsFundamentals are solid and valuation is attractive, but sector regulatory risk warrants some caution.
Super Group shows excellent financial health with net cash (Net Debt/EBITDA of -0.79), very high return on equity (ROE 49.53%) and revenue growth of 18.10%, although its dividend yield is modest (1.76%).
The main risk is dependence on regulatory licenses in multiple jurisdictions, where regulatory changes or online gambling restrictions could limit growth and affect revenue.
Context and risks
Super Group operates in the online gambling sector, a business subject to licensing regulation in multiple jurisdictions. Although its balance sheet is solid (net cash), dependence on renewable licenses and increasing regulatory scrutiny in key markets such as Europe represent a structural risk to its business model.
Is Super Group stock cheap or expensive?
at the analysis dateOn P/E and EV / EBITDA, it trades 15% below the Consumer Cyclical median on average.
| Multiple | Company | Sector | Difference |
|---|---|---|---|
| P/E | 15.8 | 17.8 | −12% |
| EV / EBITDA | 9.2 | 11.2 | −18% |
| Price / book | 6.9 | 2.9 | +141% |
| Price / sales | 2.4 | 1.3 | +89% |
Sector: median of the 228 Consumer Cyclical companies analysed. In bold, the multiples used for the comparison.
Valuation score: 7.7 out of 10 (median for Consumer Cyclical: 6.6).
Average analyst target: 19.50 USD, +71.8% versus the price.
A discount may reflect more risk or slower growth than its sector: Financial health 8.3 (sector 5.7), Growth 8.0 (sector 5.9).
Classic formulas with standard assumptions (10.0% growth, 8-9% discount rate). Indicative only: they change a lot with the assumptions and are not a recommendation.
Work out its fair value yourself →How much would you have made investing every month? →
Comparing it with its sector does not say whether it is a good buy: this is not investment advice.
Score by category
0 to 10 · hover overtap each one to see what it measuresKey metrics
at the analysis date · compared with the Consumer Cyclical medianValuation
- P/E
- 15.8
- Forward P/E
- 12.8
- EV / EBITDA
- 9.2
- Price / book
- 6.9
- Price / sales
- 2.4
- Market cap
- 5.8B USD
- Enterprise value
- 5.3B USD
Profitability
- ROE
- 49.5%
- ROA
- 26.5%
- ROIC (approx.)
- 65.1%
- Gross margin
- 32.2%
- Operating margin
- 25.1%
- Net margin
- 15.1%
- Free cash flow
- 292.9M USD
- FCF yield
- 5.1%
- Cash conversion
- 51%
Solvency
- Total debt
- 107.0M USD
- Net debt
- −457.0M USD
- Cash
- 564.0M USD
- EBITDA
- 579.0M USD
- Net debt / EBITDA
- −0.79
- Debt / equity
- 12.88
- Current ratio
- 1.83
- Quick ratio
- 1.79
Growth
- Revenue growth
- +18.1%
- EPS (TTM)
- 0.72 USD
- EPS (forward)
- 0.88 USD
Dividend
- Dividend yield
- 1.8%
- Payout
- 18.0%
Risk and market
- Beta
- 1.12
- Analyst consensus
- Strong buy (8)
- Target price
- 19.50 USD
- 52-week range
- 8.46 – 15.86
Recent news
All SGHC news →Compare it with its sector
All 228 in Consumer Cyclical →Frequently asked questions about Super Group
Is Super Group stock cheap or expensive?
On P/E and EV / EBITDA, it trades 15% below the Consumer Cyclical median on average. Valuation score: 7.7 out of 10 (median for Consumer Cyclical: 6.6). Average analyst target: 19.50 USD, +71.8% versus the price. This is not investment advice.
What score does Super Group get on MeridIAn Screener?
It scores 7.3 out of 10, rank 104 of 2,130 (better than 95% of the companies analysed). Its strongest category is Financial health (8.3) and its weakest, Dividend (5.3). Analysis of 08/10/2026.
What is Super Group's P/E ratio?
Its P/E is 15.8: the share price equals 15.8 times earnings per share over the last 12 months. The Consumer Cyclical median is 17.8. Based on the earnings analysts expect, the forward P/E is 12.8.
How much is Super Group worth on the stock market?
Its market capitalisation is 5.8B USD and its enterprise value, debt included, is 5.3B USD.
How much debt does Super Group have?
It has more cash than debt: net cash of 457.0M USD.
Does Super Group pay a dividend?
Yes: its dividend yield is 1.76% and it pays out 18% of its earnings.
How has Super Group stock performed over the last year?
It has fallen 11.3% over the last year, excluding dividends. Over the last 52 weeks it has traded between 8.46 and 15.86 USD. Past performance does not guarantee future results.
What do analysts think of Super Group?
8 analysts cover it; their average recommendation is “Strong buy” and their average target is 19.50 USD (+71.8% versus the price). It is an estimate, not market data.