Added to YB: 2025-01-23
Pitch date: 2025-01-23
BETS-B.ST [bullish]
Betsson AB (publ)
+5.56%
current return
Author Info
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Company Info
Betsson AB (publ), through its subsidiaries, invests in and manages online gaming business in the Nordic countries, Latin America, Western Europe, Central and Eastern Europe, Central Asia, and internationally.
Market Cap
SEK 1.8B
Pitch Price
SEK 137.93
Price Target
231.00 (+59%)
Dividend
5.13%
EV/EBITDA
6.26
P/E
9.14
EV/Sales
1.28
Sector
Hotels, Restaurants and Leisure
Category
value
Betsson AB (OMXSTO:BETS_B)
BETS-B.ST: Online casino op at 4.71x EV/EBITDA, below peers. Strong rev growth, 23% EBIT margin. Techsson platform drives B2B/B2C growth. LatAm/CEECA focus. Risks: Brazil 2025 regs, Nordic DNS blocking. CEO experienced, owns shares. Target 5% position. 60% upside potential.
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