Super Group Intrinsic Value – CEO of Super Group’s SPAC Partner to Resign from Board
December 28, 2023
☀️Trending News
While Super Group ($NYSE:SGHC) is confident that they can find a suitable replacement, it’s unknown at this time what impact this will have on their current plans for expansion. Overall, this news is a cause for concern, but it’s not likely to have a major negative impact on the company. Super Group has proven to be resilient in the face of challenges and will likely be able to continue on their path towards success.
Price History
On Friday, the CEO of Super Group‘s Special Purpose Acquisition Company (SPAC) partner announced that he would be resigning from the board. In response, SUPER GROUP’s stock opened at $3.1 and closed at $3.0, indicating a slight decrease in investor confidence in the company. The resignation marks an unexpected shift for the company, though it remains unclear how this will affect Super Group’s performance in the future. Investors will be closely monitoring the situation as Super Group executives and board members address the issue in the coming days. 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 |
| 1.41k | 45.52 | 3.3% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Super Group. More…
| Operations | Investing | Financing |
| 166.84 | -96.52 | -103.18 |
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 |
| 991.5 | 406.3 | 1.14 |
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 |
| 39.5% | – | 6.0% |
| FCF Margin | ROE | ROA |
| 9.9% | 9.5% | 5.4% |
Analysis – Super Group Intrinsic Value
At GoodWhale, we recently completed a review of the fundamentals of SUPER GROUP. After analysing the company’s financials, we have determined that its fair value is around $4.7, estimated using our proprietary Valuation Line. Currently, SUPER GROUP stock is trading at $3.0, which implies that it is undervalued by 36.1%. As such, this presents an attractive opportunity for potential investors to buy into the stock at a discounted price. We recommend investors to take advantage of this undervaluation by investing into SUPER GROUP now. More…
Peers
The competition between Super Group (SGHC) Ltd and its competitors is fierce. All four companies are vying for market share in the online gambling industry. SGHC Ltd has a strong presence in the UK and Europe, while 888 Holdings PLC and bet-at-home.com AG are both based in Gibraltar. Codere Online Luxembourg SA is headquartered in Luxembourg.
– 888 Holdings PLC ($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, an emerging firm in the technology space, has recently announced that the CEO of its SPAC partner will be stepping down from its board. This news may be concerning for investors, as a change in leadership at a partner company can have significant effects on Super Group’s operations and performance.
However, the company’s overall financial strength remains strong, with strong revenue growth, low debt, and a promising outlook. Moving forward, investors should continue to monitor Super Group’s progress, focusing on the quality of its products and services, as well as its competitive position in the industry. With the right management team in place, Super Group has the potential to continue its impressive success in the coming years.
