Financials Better Collective A/S

Equities

BETCO

DK0060952240

Internet Services

Market Closed - Nasdaq Stockholm 11:29:51 2024-04-26 am EDT 5-day change 1st Jan Change
293.5 SEK +2.98% Intraday chart for Better Collective A/S +6.15% +14.42%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 347.7 695.5 1,044 622.8 1,244 1,577 - -
Enterprise Value (EV) 1 361.3 765.7 1,136 849.9 1,465 1,810 1,713 1,629
P/E ratio 24.2 x 33.4 x 58.3 x 13.4 x 32.9 x 25.6 x 18.1 x 14.2 x
Yield - - - - - - - -
Capitalization / Revenue 5.16 x 7.63 x 5.89 x 2.31 x 3.81 x 3.85 x 3.35 x 2.99 x
EV / Revenue 5.36 x 8.4 x 6.42 x 3.16 x 4.48 x 4.42 x 3.64 x 3.09 x
EV / EBITDA 12.9 x 20.1 x 20.4 x 9.99 x 13.2 x 13.7 x 10.6 x 8.56 x
EV / FCF -12.3 x 31.4 x 58.9 x -17 x 17.5 x 75.4 x 15.8 x 12.3 x
FCF Yield -8.15% 3.19% 1.7% -5.89% 5.73% 1.33% 6.31% 8.1%
Price to Book 2.51 x 4.31 x - 1.5 x 2.93 x 2.6 x 2.27 x 1.95 x
Nbr of stocks (in thousands) 46,425 46,278 54,202 54,547 53,980 62,900 - -
Reference price 2 7.490 15.03 19.25 11.42 23.04 25.07 25.07 25.07
Announcement Date 2/19/20 2/24/21 2/24/22 2/21/23 2/21/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 67.45 91.19 177.1 269.3 326.7 409.8 470.4 527.7
EBITDA 1 28.06 38.15 55.78 85.08 111.1 132.3 161.6 190.4
EBIT 1 21.82 30.37 45.5 70.41 82.84 99.96 125.3 151.6
Operating Margin 32.35% 33.3% 25.7% 26.14% 25.36% 24.39% 26.64% 28.72%
Earnings before Tax (EBT) 1 18.76 28.71 26.23 64.96 58.01 74.96 109.5 137.7
Net income 1 13.94 21.93 17.29 48.08 39.84 56.53 82.69 104.6
Net margin 20.67% 24.05% 9.77% 17.85% 12.19% 13.79% 17.58% 19.83%
EPS 2 0.3100 0.4500 0.3300 0.8500 0.7000 0.9785 1.386 1.768
Free Cash Flow 1 -29.44 24.41 19.28 -50.06 83.87 24 108.1 132
FCF margin -43.65% 26.77% 10.89% -18.59% 25.67% 5.86% 22.98% 25.01%
FCF Conversion (EBITDA) - 63.99% 34.57% - 75.5% 18.14% 66.92% 69.33%
FCF Conversion (Net income) - 111.34% 111.52% - 210.53% 42.46% 130.76% 126.17%
Dividend per Share 2 - - - - - - - -
Announcement Date 2/19/20 2/24/21 2/24/22 2/21/23 2/21/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4
Net sales 1 45.41 52.79 67.39 56.04 59.72 86.14 87.9 78.12 75.43 85.2 93.15 100.4 101.8 111.8
EBITDA 1 13.58 16.34 23.11 12.23 14.56 35.18 33.3 28.7 19.6 29.51 28.15 32.75 32.9 38.15
EBIT 1 11.23 12.33 20.34 8.991 10.25 30.83 28.69 21.93 12.02 20.2 17.75 21.55 21.65 27.05
Operating Margin 24.72% 23.36% 30.17% 16.04% 17.17% 35.79% 32.64% 28.07% 15.93% 23.71% 19.06% 21.47% 21.28% 24.18%
Earnings before Tax (EBT) -0.963 - 18.03 - 9.017 29.01 27.35 - - 13.7 - - - -
Net income 1 - - 13.74 - 6.949 20.28 20.94 8.302 3.107 7.491 9.87 12.95 13 20.05
Net margin - - 20.39% - 11.64% 23.54% 23.82% 10.63% 4.12% 8.79% 10.6% 12.9% 12.78% 17.93%
EPS 2 -0.0600 - 0.2400 - 0.1200 0.3500 0.3800 0.1400 0.0500 0.1300 0.1900 0.2450 0.2500 0.3700
Dividend per Share - - - - - - - - - - - - - -
Announcement Date 11/17/21 2/24/22 5/18/22 8/24/22 11/17/22 2/21/23 5/17/23 8/22/23 11/15/23 2/21/24 - - - -
1EUR in Million2EUR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 13.6 70.2 92.4 227 221 233 136 52.2
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 0.4863 x 1.84 x 1.657 x 2.67 x 1.991 x 1.76 x 0.8425 x 0.2739 x
Free Cash Flow 1 -29.4 24.4 19.3 -50.1 83.9 24 108 132
ROE (net income / shareholders' equity) 12.4% 14.6% 6.82% 12.7% 9.39% 11% 13.6% 15.7%
ROA (Net income/ Total Assets) 7.37% 8.05% - 6.95% 4.62% 5.31% 8.36% 10.5%
Assets 1 189.1 272.3 - 691.3 861.5 1,065 989 996.2
Book Value Per Share 2 2.980 3.480 - 7.600 7.860 9.650 11.10 12.90
Cash Flow per Share 2 - - - - - 1.100 1.800 2.300
Capex 1 0.96 2.26 0.69 1.8 5.14 4.86 5.52 6.15
Capex / Sales 1.42% 2.48% 0.39% 0.67% 1.57% 1.19% 1.17% 1.17%
Announcement Date 2/19/20 2/24/21 2/24/22 2/21/23 2/21/24 - - -
1EUR in Million2EUR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
B+
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
3
Last Close Price
25.07 EUR
Average target price
32.78 EUR
Spread / Average Target
+30.75%
Consensus
  1. Stock Market
  2. Equities
  3. BETCO Stock
  4. Financials Better Collective A/S