Super Group (SGHC) Limited (SGHC) AI Stock Analysis
SGHC AI stock analysis summary
AI ResearchSuper Group (SGHC) Limited is an online sports betting and gaming operator known for its Betway and Spin brands. The company generated $2.43B in trailing twelve-month revenue with an operating margin of 25.1%. It maintains a net cash position of $441.0M and grew quarterly earnings by 46.1% year-over-year.
- Market cap
- $5.63B
- Revenue (TTM)
- $2.43B
- P/E
- 15.4x fwd 12.4x
- 1Y return
- -11.1% S&P 500 16.8%
- Avg. target
- $19.38 74.7% vs last close
Bull case
- Quarterly earnings grew 46.1% year-over-year in the latest quarter ended June 30, 2026, alongside 18.1% revenue growth.
- The company maintains a strong balance sheet with $441.0M in net cash and a low debt-to-equity ratio of 0.13.
- Free cash flow expanded to $325.9M in FY2025, providing substantial financial flexibility relative to its $5.63B market capitalization.
Bear case
- The stock has underperformed the broader market, dropping 11.1% over the past year compared to a 16.8% gain for the S&P 500.
- Gross margin compressed significantly from 58.6% in FY2021 to 27.2% in FY2025.
- Short interest is notable, with short interest accounting for 17.0% of the float.
What Super does
Super Group (SGHC) Limited operates within the online sports betting and gaming sector, headquartered in Saint Peter Port, Guernsey. Its core offerings include Betway, a premier online sports betting brand, and Spin, a multi-brand online casino platform. These digital platforms cater to a global audience, delivering interactive casino games, betting options with competitive odds, and entertainment solutions. Operating across digital gaming environments, the company utilizes its proprietary infrastructure and technology to maintain secure, reliable, and responsible gaming experiences while continually expanding its international presence.
Growth and profitability
Super Group expanded revenue from $1.50B in FY2021 to $2.23B in FY2025, recording a 5-year revenue CAGR of 19.7%. While revenue dipped 7.3% in FY2022 to $1.39B, it rebounded with 18.2% growth in FY2024 to $1.70B and 31.4% growth in FY2025. Net income moved from $267.1M in FY2021 to -$10.6M in FY2023, before recovering to $113.1M in FY2024 and $216.9M in FY2025. Gross margin stood at 27.2% in FY2025, while operating margin was 19.0%. For the trailing twelve months ended June 30, 2026, revenue reached $2.43B with an operating margin of 25.1%. In the latest quarter, quarterly revenue grew 18.1% year-over-year and quarterly earnings rose 46.1%.
Balance sheet and cash flow
As of June 30, 2026, Super Group held $548.0M in cash and short-term investments alongside $107.0M in total debt, yielding a net cash position of $441.0M. The company reported a current ratio of 1.83 and a debt-to-equity ratio of 0.13, supported by $832.0M in shareholders' equity. In FY2025, operating cash flow reached $366.9M and free cash flow was $325.9M. Capital allocation in FY2025 included $41.0M in capital expenditures and $156.0M in dividends paid.
Valuation and performance
At a share price of $11.09 as of October 16, 2026, Super Group trades at a trailing P/E of 15.4x and a forward P/E of 12.4x, compared to 18.0x and 14.1x for the median of its US-listed Consumer Cyclical peers. Its EV/EBITDA multiple is 9.1x versus the peer median of 11.1x, while its price-to-sales ratio of 2.3x exceeds the peer median of 0.7x. Over the past year, the stock declined 11.1%, trailing the S&P 500 return of 16.8%. Over a 5-year period, SGHC gained 23.6% compared to 83.0% for the S&P 500.
SGHC dividend
Super Group pays a quarterly dividend totaling an annual forward dividend of $0.20 per share, which represents a dividend yield of 1.80%. The payout ratio stands at 56.1%, with dividends paid for 3 consecutive years. Its most recent ex-dividend date occurred on September 22, 2026.
What analysts expect
Wall Street analysts maintain 6 Strong Buy and 2 Buy ratings, with 0 Hold or Sell ratings. The mean price target of $19.38 implies a 74.7% upside relative to the last close of $11.09. For the current fiscal year ending December 31, 2026, consensus estimates project revenue of $2.31B and EPS of $0.75, reflecting 74.4% EPS growth. The company beat EPS estimates in 3 of the last 4 quarters, with its next earnings date scheduled for November 2, 2026.
Key risks and what to watch
- Gross margin declined to 27.2% in FY2025 from 49.6% in FY2024, signaling potential cost volatility.
- The company's shares trade 8.0% below their 200-day moving average and remain well below the 52-week high of $15.86.
- With insiders controlling 68.7% of shares, public minority shareholders have limited voting influence.
- Earnings experienced sharp swings in the past, shifting from $194.6M in FY2022 to -$10.6M in FY2023.
AI-generated research summary. Written with AI from Quotelinks data as of October 16, 2026 and checked so every figure matches that data. For information only, not investment advice. Disclaimer
About this SGHC AI stock analysis
This page is an AI-written research summary of Super Group (SGHC) Limited (SGHC). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.
Related: SGHC income statement, SGHC analyst forecast, SGHC chart. See the SGHC stock overview for the latest quote and news.
SGHC AI stock analysis FAQ
What brands does Super Group operate?
Super Group operates Betway, an online sports betting platform, and Spin, a multi-brand online casino offering digital entertainment across global markets.
Does Super Group pay a dividend?
Yes, Super Group offers a forward annual dividend of $0.20 per share, yielding 1.80% with a payout ratio of 56.1%.
What is Super Group's net debt or cash position?
As of June 30, 2026, Super Group held $548.0M in cash and short-term investments against $107.0M in total debt, resulting in a net cash position of $441.0M.
How is Super Group valued compared to its industry peers?
Super Group trades at a trailing P/E of 15.4x and EV/EBITDA of 9.1x, both below the US-listed Consumer Cyclical peer medians of 18.0x and 11.1x, respectively.
When is Super Group's next earnings report?
Super Group is scheduled to report its next financial results on November 2, 2026.