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Added to YB: 2024-06-18

Pitch date: 2024-06-18

BETS-B.ST [bullish]

Betsson AB (publ)

+33.75%

current return

Author Info

No bio for this author

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 108.86

Price Target

N/A

Dividend

5.13%

EV/EBITDA

6.26

P/E

9.14

EV/Sales

1.28

Sector

Hotels, Restaurants and Leisure

Category

growth

Show full summary:
Bettson - Another company I don't understand the pricing on

BETS-B.ST: Swedish online sportsbook & casino operator. Q1 2024: strong growth in all areas, no debt, high ROE/ROCE. Bullish mgmt, very strong Q2 expected (revs +15% YoY pre-Euro football). 9x P/E, 5x EV/EBITDA, 1.75x P/B, 25% ROE unleveraged. Risks: regulatory & taxes.

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