Super Group (SGHC) Limited Ordinary Shares (SGHC)

FairStock Score: 60/100 — STEADY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I approach Super Group as a gambling operator that owns Betway and Spin, with operations across Africa, the Middle East, Asia-Pacific, Europe, and the Americas. In the only filed quarter shown here, 2026-Q2, revenue was $684.0M and net income was $120.0M, a 17.54% net margin. That is a real profit machine, and the balance sheet looks conservative: debt-to-equity is 0.13, Altman Z is 8.61, and Piotroski is a perfect 9/9. FairStock's return measures are strong—ROE 49.53%, ROCE 26.47%—and trailing free cash flow is $290.0M, a 4.7% FCF yield. But a moat is not obvious. Online betting is competitive, license-dependent, and exposed to regulatory shifts. Brand and scale help, but I cannot verify a durable advantage from these figures alone. Valuation is mixed. At the 2026-10-13 close of $11.19, the P/E is 15.54, EV/EBITDA is 9.18, and P/B is 6.82. The PEG of 0.02 looks extraordinary, but it rests on a huge profit-growth figure that needs more history to trust. The Graham Number is $5.15, leaving a negative margin of safety of -117.28%; so on Graham's asset-based test, the price is not cheap. The dividend yield is 1.58%, and beta is 1.08. FairStock Score is 60/100. The Lynch category is none because there are only 0 years of filed results, not the three needed. I would want several years of consistent cash flow, regulatory stability, and organic growth before calling this a bargain.

In plain English: Super Group runs online sports betting and casino brands like Betway and Spin. The business makes solid profits and uses little debt, but it depends on gambling licenses and rules that can change. At the recent price, the stock looks full rather than clearly cheap compared with the company's assets and profits.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer