Betsson AB Logo

Betsson AB

BETS-B.ST

(3.8)
Stock Price

139,48 SEK

29.47% ROA

22.26% ROE

8.97x PER

Market Cap.

3.122.220.714,05 SEK

22.61% DER

35.69% Yield

17.47% NPM

Betsson AB Stock Analysis

Betsson AB Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Betsson AB Fundamental Stock Analysis
# Analysis Rating
1 ROE

ROE surpassing expectations (24.48%) highlights strong profitability and efficient use of shareholders' equity, making it an appealing investment prospect.

2 ROA

The stock's ability to make a lot of money from its assets shows that it is very profitable, making it a good choice for people who want to invest and make a lot of money.

3 DER

The stock has a low debt to equity ratio (25%), which means it has a small amount of debt compared to the ownership it holds

4 Revenue Growth

With a track record of consistent revenue growth in the past five years, this company presents a compelling opportunity.

5 Net Profit Growth

This company's net profit has consistently grown over the last five years, indicating a strong financial performance and making it an attractive investment opportunity.

6 Assets Growth

With continuous growth in revenue over the last five years, this company has proven to be a lucrative investment option, showcasing its strong financial performance.

7 Dividend

Investors can trust the company's impressive dividend track record, consistently distributing dividends over the past five years, showcasing a strong commitment to rewarding shareholders.

8 PBV

The stock's PBV ratio (1.74x) indicates a justifiable valuation, presenting a compelling choice for investors seeking reasonable returns.

9 Graham Number

The company's Graham number suggests that its stock price is overestimated, implying that it may not be a promising investment opportunity.

10 Dividend Growth

Investors should note the company's stagnant dividend growth over the past three years, indicating limited profitability and potentially diminishing returns.

11 Buffet Intrinsic Value

Based on Warren Buffett's formula, the company's stock seems overpriced (67), indicating a potential drawback for investors as its market price exceeds its estimated intrinsic value.

Betsson AB Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Betsson AB Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Buy
3 RSI Sell
4 Stoch RSI Sell

Betsson AB Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Betsson AB Revenue
Year Revenue Growth
2001 27.956.693
2002 29.722.837 5.94%
2003 29.198.421 -1.8%
2004 34.475.976 15.31%
2005 46.931.442 26.54%
2006 43.386.198 -8.17%
2007 68.341.062 36.52%
2008 94.719.530 27.85%
2009 126.775.013 25.29%
2010 178.359.338 28.92%
2011 194.697.055 8.39%
2012 255.979.125 23.94%
2013 279.552.570 8.43%
2014 321.352.486 13.01%
2015 404.675.470 20.59%
2016 429.856.160 5.86%
2017 480.214.935 10.49%
2018 527.103.865 8.9%
2019 493.924.520 -6.72%
2020 633.295.488 22.01%
2021 657.704.000 3.71%
2022 777.200.000 15.38%
2023 950.000.000 18.19%
2023 948.200.000 -0.19%
2024 1.086.000.000 12.69%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Betsson AB Research and Development Expenses
Year Research and Development Expenses Growth
2001 0
2002 0 0%
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 20.260.448 100%
2018 22.474.248 9.85%
2019 24.141.549 6.91%
2020 26.079.950 7.43%
2021 21.400.000 -21.87%
2022 23.500.000 8.94%
2023 0 0%
2023 25.200.000 100%
2024 26.800.000 5.97%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Betsson AB General and Administrative Expenses
Year General and Administrative Expenses Growth
2001 11.627.213
2002 10.817.205 -7.49%
2003 10.372.340 -4.29%
2004 11.559.840 10.27%
2005 12.972.084 10.89%
2006 8.045.526 -61.23%
2007 0 0%
2008 9.282.688 100%
2009 0 0%
2010 0 0%
2011 0 0%
2012 38.252.873 100%
2013 39.779.271 3.84%
2014 46.586.060 14.61%
2015 51.668.713 9.84%
2016 66.648.074 22.48%
2017 73.250.305 9.01%
2018 72.070.373 -1.64%
2019 67.009.761 -7.55%
2020 83.731.698 19.97%
2021 88.200.000 5.07%
2022 106.400.000 17.11%
2023 0 0%
2023 0 0%
2024 294.400.000 100%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Betsson AB EBITDA
Year EBITDA Growth
2001 -561.436
2002 1.604.681 134.99%
2003 1.447.233 -10.88%
2004 3.215.277 54.99%
2005 22.640.139 85.8%
2006 9.428.661 -140.12%
2007 35.204.272 73.22%
2008 27.517.381 -27.93%
2009 34.481.009 20.2%
2010 48.081.313 28.29%
2011 71.352.987 32.61%
2012 79.026.379 9.71%
2013 79.399.282 0.47%
2014 100.928.594 21.33%
2015 114.909.751 12.17%
2016 121.609.156 5.51%
2017 117.383.841 -3.6%
2018 146.626.189 19.94%
2019 117.699.590 -24.58%
2020 145.977.465 19.37%
2021 152.488.000 4.27%
2022 169.904.000 10.25%
2023 275.200.000 38.26%
2023 258.770.000 -6.35%
2024 310.800.000 16.74%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Betsson AB Gross Profit
Year Gross Profit Growth
2001 14.157.858
2002 15.598.903 9.24%
2003 15.267.152 -2.17%
2004 19.560.582 21.95%
2005 26.627.486 26.54%
2006 43.386.198 38.63%
2007 68.341.062 36.52%
2008 94.719.530 27.85%
2009 101.931.129 7.07%
2010 142.630.243 28.53%
2011 160.201.594 10.97%
2012 224.726.178 28.71%
2013 244.564.663 8.11%
2014 282.564.509 13.45%
2015 306.875.114 7.92%
2016 343.456.441 10.65%
2017 369.947.685 7.16%
2018 394.986.924 6.34%
2019 346.637.999 -13.95%
2020 430.776.068 19.53%
2021 450.444.000 4.37%
2022 504.363.000 10.69%
2023 655.200.000 23.02%
2023 631.819.000 -3.7%
2024 707.200.000 10.66%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Betsson AB Net Profit
Year Net Profit Growth
2001 -5.250.401
2002 98.682 5420.53%
2003 170.893 42.26%
2004 1.089.192 84.31%
2005 18.926.055 94.25%
2006 6.934.979 -172.91%
2007 20.221.704 65.71%
2008 24.395.374 17.11%
2009 29.584.413 17.54%
2010 40.679.550 27.27%
2011 59.177.280 31.26%
2012 63.631.583 7%
2013 63.438.452 -0.3%
2014 81.597.762 22.25%
2015 90.431.040 9.77%
2016 91.669.525 1.35%
2017 80.076.108 -14.48%
2018 104.846.016 23.63%
2019 75.188.537 -39.44%
2020 99.756.448 24.63%
2021 106.400.000 6.24%
2022 119.600.000 11.04%
2023 190.800.000 37.32%
2023 177.300.000 -7.61%
2024 182.000.000 2.58%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Betsson AB Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2001 0
2002 0 0%
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 1 0%
2013 0 0%
2014 1 0%
2015 1 0%
2016 1 0%
2017 1 0%
2018 1 0%
2019 1 0%
2020 1 0%
2021 1 0%
2022 1 0%
2023 1 100%
2023 1 0%
2024 1 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Betsson AB Free Cashflow
Year Free Cashflow Growth
2001 -2.667.946
2002 -1.604.791 -66.25%
2003 -179.179 -795.64%
2004 -946.368 81.07%
2005 3.376.835 128.03%
2006 2.624.150 -28.68%
2007 20.173.300 86.99%
2008 28.887.760 30.17%
2009 35.739.297 19.17%
2010 39.103.676 8.6%
2011 54.521.879 28.28%
2012 65.635.776 16.93%
2013 61.510.055 -6.71%
2014 75.388.073 18.41%
2015 103.726.883 27.32%
2016 88.921.450 -16.65%
2017 67.577.375 -31.58%
2018 95.090.290 28.93%
2019 84.521.400 -12.5%
2020 100.942.742 16.27%
2021 111.500.000 9.47%
2022 143.200.000 22.14%
2023 189.000.000 24.23%
2023 35.000.000 -440%
2024 64.300.000 45.57%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Betsson AB Operating Cashflow
Year Operating Cashflow Growth
2001 -1.006.809
2002 373.128 369.83%
2003 908.594 58.93%
2004 1.843.870 50.72%
2005 6.392.509 71.16%
2006 7.723.789 17.24%
2007 24.515.435 68.49%
2008 35.076.189 30.11%
2009 41.445.490 15.37%
2010 44.105.641 6.03%
2011 60.233.078 26.78%
2012 77.369.266 22.15%
2013 77.145.253 -0.29%
2014 91.931.856 16.08%
2015 125.519.527 26.76%
2016 121.988.971 -2.89%
2017 96.385.437 -26.56%
2018 123.837.835 22.17%
2019 109.830.557 -12.75%
2020 137.190.811 19.94%
2021 143.600.000 4.46%
2022 178.700.000 19.64%
2023 230.400.000 22.44%
2023 44.900.000 -413.14%
2024 75.800.000 40.77%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Betsson AB Capital Expenditure
Year Capital Expenditure Growth
2001 1.661.138
2002 1.977.919 16.02%
2003 1.087.773 -81.83%
2004 2.790.238 61.02%
2005 3.015.674 7.48%
2006 5.099.638 40.86%
2007 4.342.135 -17.45%
2008 6.188.429 29.83%
2009 5.706.192 -8.45%
2010 5.001.964 -14.08%
2011 5.711.199 12.42%
2012 11.733.489 51.33%
2013 15.635.198 24.95%
2014 16.543.783 5.49%
2015 21.792.644 24.09%
2016 33.067.521 34.1%
2017 28.808.062 -14.79%
2018 28.747.544 -0.21%
2019 25.309.157 -13.59%
2020 36.248.068 30.18%
2021 32.100.000 -12.92%
2022 35.500.000 9.58%
2023 41.400.000 14.25%
2023 9.900.000 -318.18%
2024 11.500.000 13.91%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Betsson AB Equity
Year Equity Growth
2001 5.830.393
2002 8.015.071 27.26%
2003 8.376.413 4.31%
2004 10.860.784 22.87%
2005 50.060.099 78.3%
2006 54.465.368 8.09%
2007 65.991.844 17.47%
2008 65.735.749 -0.39%
2009 80.023.252 17.85%
2010 91.853.201 12.88%
2011 149.600.783 38.6%
2012 183.274.307 18.37%
2013 229.378.013 20.1%
2014 325.446.927 29.52%
2015 342.889.943 5.09%
2016 365.714.157 6.24%
2017 373.353.968 2.05%
2018 446.327.534 16.35%
2019 467.905.812 4.61%
2020 501.803.532 6.76%
2021 568.800.000 11.78%
2022 647.800.000 12.2%
2023 747.900.000 13.38%
2023 759.200.000 1.49%
2024 801.100.000 5.23%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Betsson AB Assets
Year Assets Growth
2001 10.758.457
2002 12.393.707 13.19%
2003 13.259.958 6.53%
2004 16.626.855 20.25%
2005 60.944.924 72.72%
2006 65.739.911 7.29%
2007 89.351.312 26.43%
2008 104.823.040 14.76%
2009 135.797.625 22.81%
2010 165.555.884 17.97%
2011 254.851.204 35.04%
2012 343.438.126 25.79%
2013 396.843.249 13.46%
2014 530.725.590 25.23%
2015 622.710.635 14.77%
2016 653.823.436 4.76%
2017 694.180.109 5.81%
2018 726.607.486 4.46%
2019 734.630.673 1.09%
2020 819.137.690 10.32%
2021 897.200.000 8.7%
2022 1.018.700.000 11.93%
2023 1.225.700.000 16.89%
2023 1.200.100.000 -2.13%
2024 1.312.900.000 8.59%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Betsson AB Liabilities
Year Liabilities Growth
2001 4.916.156
2002 4.275.019 -15%
2003 4.644.492 7.96%
2004 5.571.278 16.64%
2005 10.551.191 47.2%
2006 11.229.388 6.04%
2007 23.316.254 51.84%
2008 39.087.290 40.35%
2009 55.774.373 29.92%
2010 73.702.682 24.33%
2011 105.250.420 29.97%
2012 160.163.818 34.29%
2013 167.465.235 4.36%
2014 205.278.663 18.42%
2015 279.820.691 26.64%
2016 288.109.279 2.88%
2017 320.826.141 10.2%
2018 280.279.951 -14.47%
2019 266.860.514 -5.03%
2020 317.334.158 15.91%
2021 328.400.000 3.37%
2022 370.900.000 11.46%
2023 468.300.000 20.8%
2023 440.900.000 -6.21%
2024 511.800.000 13.85%

Betsson AB Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
7.32
Net Income per Share
1.28
Price to Earning Ratio
8.97x
Price To Sales Ratio
3.09x
POCF Ratio
7.24
PFCF Ratio
17.78
Price to Book Ratio
1.94
EV to Sales
3.01
EV Over EBITDA
10.61
EV to Operating CashFlow
13.94
EV to FreeCashFlow
17.33
Earnings Yield
0.11
FreeCashFlow Yield
0.06
Market Cap
3,12 Bil.
Enterprise Value
3,04 Bil.
Graham Number
13.03
Graham NetNet
-0.26

Income Statement Metrics

Net Income per Share
1.28
Income Quality
1.02
ROE
0.22
Return On Assets
0.13
Return On Capital Employed
0.24
Net Income per EBT
0.83
EBT Per Ebit
0.91
Ebit per Revenue
0.23
Effective Tax Rate
0.17

Margins

Sales, General, & Administrative to Revenue
0.07
Research & Developement to Revenue
0.03
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.66
Operating Profit Margin
0.23
Pretax Profit Margin
0.21
Net Profit Margin
0.17

Dividends

Dividend Yield
0.36
Dividend Yield %
35.69
Payout Ratio
0
Dividend Per Share
4.09

Operating Metrics

Operating Cashflow per Share
1.58
Free CashFlow per Share
1.27
Capex to Operating CashFlow
0.2
Capex to Revenue
0.04
Capex to Depreciation
2.39
Return on Invested Capital
0.19
Return on Tangible Assets
0.29
Days Sales Outstanding
102.54
Days Payables Outstanding
0
Days of Inventory on Hand
0
Receivables Turnover
3.56
Payables Turnover
0
Inventory Turnover
346581000
Capex per Share
0.31

Balance Sheet

Cash per Share
1,91
Book Value per Share
5,81
Tangible Book Value per Share
0.63
Shareholders Equity per Share
5.9
Interest Debt per Share
1.34
Debt to Equity
0.23
Debt to Assets
0.14
Net Debt to EBITDA
-0.28
Current Ratio
1.7
Tangible Asset Value
0,09 Bil.
Net Current Asset Value
0,04 Bil.
Invested Capital
960300000
Working Capital
0,23 Bil.
Intangibles to Total Assets
0.54
Average Receivables
0,28 Bil.
Average Payables
0,00 Bil.
Average Inventory
0.5
Debt to Market Cap
0.06

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Betsson AB Dividends
Year Dividends Growth
2007 1
2010 11 100%
2011 2 -450%
2012 9 77.78%
2018 3 -350%
2019 4 33.33%
2020 3 -50%
2021 4 33.33%
2022 8 57.14%
2023 5 -40%
2024 4 -25%

Betsson AB Profile

About Betsson AB

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.

CEO
Mr. Pontus Lindwall
Employee
2.251
Address
Regeringsgatan 28
Stockholm, 111 53

Betsson AB Executives & BODs

Betsson AB Executives & BODs
# Name Age
1 Mr. Pontus Lindwall
Chief Executive Officer, President & Executive Director
70
2 Mr. Martin Ohman
Chief Financial Officer
70
3 Jonas Rodny
Interim Head of Investor Relation
70
4 Ms. Triin Toomemets-Krasnitski
Vice President of Legal
70
5 Mr. Roland Glasfors
Vice President of Communications & Investor Relations
70
6 Ms. Lena Nordin
Chief Human Resources Officer
70
7 Johan Fagerlund Sjoberg
Legal Counsel
70
8 Mr. Jesper Svensson
Chief Executive Officer of Betsson's operational Subsidiaries
70
9 Mr. Johan Berg
Group Business Controller
70

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