Super Group Intrinsic Value Calculator – Canaccord Genuity Group Downgrades Super Group to ‘Hold’ for 2023.
March 16, 2023
Trending News ☀️
The Canaccord Genuity Group, a leading global independent financial services firm, has recently downgraded their rating of Super Group ($NYSE:SGHC) to “Hold” for 2023. This decision comes as a result of the company’s performance in the past few months, which has been lagging behind expectations. Despite attempts to improve the company’s financial health, Super Group has continued to struggle in the market. The company has been unable to meet its previously established goals and growth projections, leading Canaccord Genuity Group to downgrade its rating. This downgrade indicates that the company’s performance and potential are not strong enough to warrant a higher rating, and investors should be wary going forward. The downgrade of Super Group’s rating will likely have an adverse effect on the company’s stock price and investor sentiment. Shareholders may be less likely to invest in the company due to the decreased outlook, and the company may have difficulty raising capital in the future due to the lack of confidence from investors. It is important that Super Group takes initiatives to address the issues that have led to its decreased rating. The company must work to ensure that it meets its predetermined goals, and that it can regain investor confidence.
However, until then, the outlook for Super Group remains uncertain.
Share Price
At the time of writing, media sentiment surrounding Super Group, a leading e-commerce company, was mostly positive.
However, on Wednesday, Canaccord Genuity Group downgraded their outlook for the company by changing their rating to ‘Hold’. This was seen in the markets as the stock opened at $3.9 and closed at $3.6, a 9.0% drop from the previous closing price of 4.0. Investors were clearly uncertain about the potential for Super Group in the future and took their money out of the company as a result. It is yet to be seen how the company will respond to this downgrade, but as of now it appears as though the markets are not optimistic. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Super Group. More…
| Total Revenues | Net Income | Net Margin |
| 1.3k | 252.9 | 12.5% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Super Group. More…
| Operations | Investing | Financing |
| 112.33 | -18.16 | -39.76 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Super Group. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 904.25 | 440.43 | 0.82 |
Key Ratios Snapshot
Some of the financial key ratios for Super Group are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| – | – | 19.9% |
| FCF Margin | ROE | ROA |
| 5.5% | 38.2% | 17.9% |
Analysis – Super Group Intrinsic Value Calculator
At GoodWhale, we recently conducted an analysis of SUPER GROUP‘s wellbeing. This included an assessment of the company’s intrinsic value, which we calculated using our proprietary Valuation Line. Our analysis found that the intrinsic value of SUPER GROUP share is around $5.0. However, the current market price of the stock is $3.6, resulting in a 28.0% discount to its intrinsic value. This suggests that the stock is currently undervalued and may present an attractive opportunity for investors. More…
Peers
The competition between Super Group (SGHC) Ltd and its competitors is fierce. All four companies are vying for market share in the online gambling industry. SGHC Ltd has a strong presence in the UK and Europe, while 888 Holdings PLC and bet-at-home.com AG are both based in Gibraltar. Codere Online Luxembourg SA is headquartered in Luxembourg.
– 888 Holdings PLC ($LSE:888)
The company’s market cap is 448.12M as of 2022 and its ROE is 9.83%. The company is a provider of online gaming services.
– bet-at-home.com AG ($LTS:0RIP)
Bet-at-home.com AG is a gaming and online betting company that offers sports betting, live betting, casino, and poker games to its users. The company was founded in 1999 and is headquartered in Dusseldorf, Germany. As of 2022, Bet-at-home.com AG has a market cap of 31.65M and a Return on Equity of 13.09%.
– Codere Online Luxembourg SA ($NASDAQ:CDRO)
Codere Online Luxembourg SA is a gaming company that offers online gambling products and services. The company has a market capitalization of $107.84 million and a negative return on equity of 82.23%. Codere Online Luxembourg SA focuses on providing online gambling products and services to customers in Europe.
Summary
Super Group is an investment target for many in the market. Recently, Canaccord Genuity Group downgraded its stock rating for the company to ‘Hold’ for 2023. At the time of writing, the media sentiment surrounding Super Group is mostly positive.
However, the stock has seen a decline in price on the same day of the downgrade. Investors should be aware that while the company may have positive sentiment in the media, there is a potential risk of further decline in stock prices. It is therefore important to thoroughly research and analyze Super Group before making an investment decision.
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