AI Spotlight on BETS
Company Description
Betsson AB, through its subsidiaries, engages in the online gaming business primarily in the Nordic countries, Western Europe, Central and Easter Europe, Central Asia, and internationally.It offers poker, casino, sportsbook, scratch cards, bingo, and other games.The company serves its customers under Betsafe, Betsson, Casino DK, Casino Euro, Casino Winner, Colbet, Europebet, Uguts, Inkabet, Jackpot 247, Jalla Casino, Kaboo, Loyal Casino, NordicBet, Norges Automaten, RaceBets, Rizk, Star Casino, Supercasino.com, Live Roulette, and Thrills brand names.
It also offers systems solutions to other gaming operators.Betsson AB was incorporated in 1963 and is based in Stockholm, Sweden.
Market Data
Last Price | 151.54 |
Change Percentage | 1.96% |
Open | 148.74 |
Previous Close | 148.62 |
Market Cap ( Millions) | 23192 |
Volume | 308181 |
Year High | 152.22 |
Year Low | 99.1 |
M A 50 | 142.83 |
M A 200 | 130.86 |
Financial Ratios
FCF Yield | 9.51% |
Dividend Yield | 4.83% |
ROE | 21.35% |
Debt / Equity | 27.68% |
Net Debt / EBIDTA | -35.81% |
Price To Book | 2.24 |
Price Earnings Ratio | 10.64 |
Price To FCF | 10.52 |
Price To sales | 1.92 |
EV / EBITDA | 6.08 |
News
- Jan -28 - Betsson And 2 Other Leading Dividend Stocks To Consider
- Jan -06 - Discovering 3 Undiscovered Gems with Promising Potential
- Dec -30 - Betsson And 2 Other Great Dividend Stocks To Consider
- Dec -06 - Exploring December 2024's Undiscovered Gems on None Exchange
- Nov -14 - Top Dividend Stocks To Consider For November 2024
- Nov -04 - 3 Growth Companies With High Insider Ownership And 29% Earnings Growth
- Nov -01 - Undiscovered Gems To Explore In November 2024
- Oct -30 - Betsson And 2 Other Swedish Dividend Stocks To Consider
- Oct -25 - 3 Swedish Stocks Estimated To Be Trading At Discounts Of Up To 40.9%
- Oct -14 - Swedish Dividend Stocks To Boost Your Portfolio
- Oct -07 - 3 Swedish Dividend Stocks Offering Yields Up To 5.7%
- Sep -20 - Top 3 Dividend Stocks On The Swedish Exchange In September 2024
- Sep -05 - 3 Swedish Dividend Stocks Yielding Up To 5.7%
- Aug -23 - Betsson And 2 Other Undiscovered Gems In Sweden
- Aug -21 - Top Swedish Dividend Stocks Yielding Up To 5.5%
- Aug -21 - Discovering 3 Undiscovered Gems in Sweden with Strong Potential
- Aug -19 - Undiscovered Gems In Sweden To Watch This August 2024
- Aug -19 - Top Swedish Dividend Stocks For August 2024
- Aug -16 - Discovering Sweden's Undiscovered Gems This August 2024
- Aug -15 - Sweden's Top 3 Undiscovered Gems To Enhance Your Portfolio
Business Breakdown
Expected Mid-Term Growth
Segment nยฐ1 -> Casino
Expected Growth : 8 %
What the company do ?
Casino from Betsson AB is an online gaming platform offering a wide range of slots, table games, and live dealer games with a user-friendly interface.
Why we expect these perspectives ?
Betsson AB's Casino segment growth is driven by increasing online gaming adoption, strategic partnerships, and geographic expansion. Strong brand recognition, user-friendly platforms, and attractive bonuses also contribute to growth. Additionally, the company's focus on mobile gaming and innovative products, such as live dealer games, further fuels growth.
Segment nยฐ2 -> Sportbook
Expected Growth : 12 %
What the company do ?
Betsson AB's Sportbook is an online platform offering a wide range of sports betting options, odds, and live betting features to customers.
Why we expect these perspectives ?
Betsson AB's Sportbook growth driven by increasing online betting adoption, strategic partnerships, and geographic expansion into regulated markets. Strong brand recognition, competitive odds, and user-friendly interface also contribute to the 12% growth. Additionally, effective marketing campaigns, loyalty programs, and continuous product innovation enhance customer engagement and retention.
Segment nยฐ3 -> Other
Expected Growth : 9 %
What the company do ?
Betsson AB's 'Other' segment includes revenue from affiliate marketing, sale of goods, and other miscellaneous income streams.
Why we expect these perspectives ?
Betsson AB's 9% growth in 'Other' segment is driven by increasing popularity of e-sports, expansion into new markets, and strategic partnerships. Additionally, the company's focus on mobile gaming, innovative products, and effective marketing strategies have contributed to this growth.
Betsson Ab Products
Product Range | What is it ? |
---|---|
Sportsbook | A platform that allows users to place bets on various sports events, including football, basketball, tennis, and more. |
Casino | An online casino that offers a wide range of games, including slots, table games, and live dealer games. |
Live Casino | A live dealer casino that offers a realistic casino experience, with live dealers and real-time gameplay. |
Poker | An online poker platform that allows users to play against other players in real-time. |
Bingo | An online bingo platform that offers a variety of bingo games and rooms. |
Betsson AB's Porter Forces
Threat Of Substitutes
The threat of substitutes for Betsson AB is medium due to the presence of alternative forms of entertainment and leisure activities. However, the company's strong brand recognition and diversified product offerings mitigate this threat to some extent.
Bargaining Power Of Customers
The bargaining power of customers is low for Betsson AB due to the company's strong brand recognition and the lack of switching costs for customers. Additionally, the company's diversified product offerings and loyalty programs help to retain customers.
Bargaining Power Of Suppliers
The bargaining power of suppliers is low for Betsson AB due to the company's large scale of operations and its ability to negotiate favorable terms with suppliers. Additionally, the company's diversified supply chain and lack of dependence on a single supplier reduce the bargaining power of suppliers.
Threat Of New Entrants
The threat of new entrants is high for Betsson AB due to the low barriers to entry in the online gaming industry. However, the company's strong brand recognition, established customer base, and diversified product offerings provide a competitive advantage and mitigate this threat to some extent.
Intensity Of Rivalry
The intensity of rivalry is high for Betsson AB due to the highly competitive nature of the online gaming industry. The company faces intense competition from established players and new entrants, which can lead to pricing pressures and reduced market share.
Capital Structure
Value | |
---|---|
Debt Weight | 19.30% |
Debt Cost | 7.72% |
Equity Weight | 80.70% |
Equity Cost | 7.72% |
WACC | 7.72% |
Leverage | 23.92% |
Betsson AB : Quality Control
Betsson AB passed 7 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
Company | Rational |
---|---|
GAMB | Gambling.com Group Limited operates as a performance marketing company for the online gambling industry worldwide. The company provides digital marketing services for the iGaming and sports betting. It publishes various โฆ |
GIG.OL | Gaming Innovation Group Inc., an iGaming technology company, together with its subsidiaries, provides solutions, products, and services to iGaming operators in Nordic countries, other European countries, and internationally. The company โฆ |
PTEC.L | Playtech Plc, a technology company, provides gambling software, services, content, and platform technologies worldwide. The company offers technologies across various product verticals, including casino, live casino, sports betting, virtual sports, โฆ |
PARP.PA | Groupe Partouche SA, through its subsidiaries, operates casinos, hotels, restaurants, dancehalls, and bars in France, other European countries, and internationally. The company operates through three divisions: Casino, Hotel, and Other โฆ |
SKIS-B.ST | SkiStar AB (publ) owns and operates Alpine mountain resorts in Sweden, Norway, and Austria. The company operates in three segments: Operation of Mountain Resorts; Property Development & Exploitation; and Operation โฆ |