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Betsson AB (BETS-B.ST)

SEK90.85 +1.10 (+1.23%)
SE STO Consumer Cyclical Gambling, Resorts & Casinos
Address Regeringsgatan 28 111 53
Stockholm, SE
CEO Pontus Lindwall
Website betssonab.com
IPO 2000-06-26
ISIN SE0022726485

Explore sections of this company profile

Also trades on CBOE Europe · BETSBS.XD (SEK) London Stock Exchange · 0A37.L (SEK) Stockholm Stock Exchange · BETS-B.ST (SEK)
Description

Betsson AB is an online gaming enterprise that, through its various subsidiaries, maintains a substantial presence across several key geographical regions. Its operations primarily span the Nordic countries, Western Europe, Central and Eastern Europe, and Central Asia, along with a broader international reach. The company offers a diverse portfolio of digital games, encompassing popular categories such such as poker, casino offerings, sports betting, scratch cards, and bingo, among other options. It engages its customer base through an extensive collection of distinct brands, including Betsafe, Betsson, Casino DK, Casino Euro, Casino Winner, Colbet, Europebet, Uguts, Inkabet, Jackpot 247, Jalla Casino, Kaboo, Loyal Casino, NordicBet, Norges Automaten, RaceBets, Rizk, Star Casino, Supercasino.com, Live Roulette, and Thrills. Beyond its direct consumer services, Betsson AB also extends its expertise by providing comprehensive system solutions to other businesses operating within the gaming sector. The company was founded in 1963 and is currently headquartered in Stockholm, Sweden.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
SEK90.85 +1.10 (+1.23%)
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Volume Profile
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Liquidity & share structure
Average Volume
542.4K
Beta
0.23
Float Shares
118.12M
Free Float %
85.4%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
90.85
DCF (Unlevered) 705.88 +677.0%
DCF (Levered) 572.87 +530.6%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 0% Bullish
Rating 2026-04 Change
Strong Buy 0 -1
Buy 0 0
Hold 2 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
3.35
Safe zone
Piotroski F-Score
7 / 9
Strong
MOAT Score
8 / 10
Strong MOAT
Composite Rating
A+
Overall Score
4 / 5
High
DCF Score
5 / 5
High
ROE Score
5 / 5
High
ROA Score
5 / 5
High
D/E Score
2 / 5
Medium
P/E Score
4 / 5
High
P/Book Score
3 / 5
Medium
Operational MOAT
✗ Below peers ★ Strong MOAT
  • ✓
    Revenue growth Gambling, Resorts & Casinos: +5.3%
    +10.2% ★ Q1'26: -2.8% (vs Q1'25)
  • ✓
    EPS growth Gambling, Resorts & Casinos: +9.4%
    +0.8% Q1'26: -47.1% (vs Q1'25)
  • ✓
    FCF margin FCF growth · Gambling, Resorts & Casinos: +17.3%
    +11.5% Q1'26: +15.2% (vs Q1'25)
  • ✓
    EBIT margin Gambling, Resorts & Casinos: +17.5%
    +21.1% ★ Q1'26: +11.9% (vs Q1'25)
  • ✓
    ROIC Gambling, Resorts & Casinos: +8.0%
    +26.4% ★ Q1'26: +14.1% (vs Q1'25)
  • ✓
    Share dilution Gambling, Resorts & Casinos: +0.3%
    -0.5% ★ Q1'26: -3.6% (vs Q1'25)
  • ✓
    Debt / EBITDA Net debt/EBITDA · Gambling, Resorts & Casinos: 0.94×
    0.59× ★ Q1'26: 0.96× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
▶ WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.27) × ERP
WACC = 87% × Ke + 13% × Kd (9.5%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
—
Intrinsic value (base): 711.53 Current price: 90.85
Enterprise Value: — Equity Value: — Terminal Value: — TV as % of EV: —

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2015
actual 		Dec 2016
actual 		Dec 2017
actual 		Dec 2018
actual 		Dec 2019
actual 		Dec 2020
actual 		Dec 2021
actual 		Dec 2022
actual 		Dec 2023
actual 		Dec 2024
actual 		Dec 2025
actual 		Dec 2026
1 Rev. Ana.
1 EPS Ana. 		Dec 2027
2 Rev. Ana.
2 EPS Ana. 		Dec 2028
1 Rev. Ana.
1 EPS Ana.
Revenue
404.68M
est: 402.85M (+0.5%)
429.86M
est: 430.34M (-0.1%)
480.21M
est: 477.33M (+0.6%)
527.10M
est: 538.57M (-2.1%)
493.92M
est: 497.12M (-0.6%)
633.30M
est: 629.42M (+0.6%)
657.70M
est: 639.15M (+2.9%)
777.20M
est: 783.10M (-0.8%)
948.20M
est: 88.28M (+974.0%)
1.11B
est: 1.09B (+1.6%)
1.22B
est: 1.20B (+1.7%)
1.21B
1.20B – 1.22B
+0.7% YoY
1.28B
1.26B – 1.30B
+5.9% YoY
1.32B
1.31B – 1.33B
+3.3% YoY
EBITDA
114.78M
est: 100.28M (+14.5%)
121.15M
est: 107.12M (+13.1%)
117.32M
est: 118.82M (-1.3%)
146.63M
est: 134.06M (+9.4%)
116.16M
est: 123.74M (-6.1%)
145.99M
est: 156.67M (-6.8%)
152.49M
est: 159.10M (-4.2%)
173.08M
est: 194.93M (-11.2%)
259.79M
est: 28.27M (+818.9%)
316.00M
est: 348.80M (-9.4%)
319.48M
est: 384.00M (-16.8%)
386.58M
383.22M – 389.95M
+0.7% YoY
409.25M
402.38M – 416.12M
+5.9% YoY
422.94M
419.26M – 426.62M
+3.3% YoY
EBIT
97.31M
est: 78.31M (+24.3%)
99.03M
est: 83.65M (+18.4%)
90.07M
est: 92.79M (-2.9%)
116.35M
est: 104.69M (+11.1%)
81.34M
est: 96.64M (-15.8%)
110.40M
est: 122.35M (-9.8%)
116.38M
est: 124.25M (-6.3%)
131.87M
est: 152.23M (-13.4%)
207.62M
est: 24.14M (+760.1%)
256.80M
est: 297.84M (-13.8%)
257.85M
est: 327.90M (-21.4%)
330.10M
327.23M – 332.97M
+0.7% YoY
349.46M
343.59M – 355.32M
+5.9% YoY
361.15M
358.01M – 364.29M
+3.3% YoY
Net Income
90.43M
est: 70.36M (+28.5%)
91.67M
est: 63.32M (+44.8%)
80.08M
est: 55.02M (+45.5%)
104.85M
est: 75.53M (+38.8%)
75.19M
est: 57.99M (+29.7%)
99.76M
est: 81.05M (+23.1%)
106.40M
est: 85.02M (+25.1%)
119.60M
est: 109.10M (+9.6%)
177.30M
est: 15.41M (+1,050.3%)
181.30M
est: 184.41M (-1.7%)
180.62M
est: 192.99M (-6.4%)
164.71M
162.85M – 166.58M
-14.7% YoY
179.03M
146.14M – 211.93M
+8.7% YoY
170.07M
168.15M – 171.99M
-5.0% YoY
SGA
133.53M
est: 174.06M (-23.3%)
152.50M
est: 185.94M (-18.0%)
171.97M
est: 206.24M (-16.6%)
168.79M
est: 232.70M (-27.5%)
152.76M
est: 214.79M (-28.9%)
281.81M
est: 271.95M (+3.6%)
296.30M
est: 276.16M (+7.3%)
354.40M
est: 338.35M (+4.7%)
394.30M
est: 32.42M (+1,116.3%)
434.90M
est: 399.96M (+8.7%)
147.10M
est: 440.33M (-66.6%)
443.29M
439.44M – 447.15M
+0.7% YoY
469.29M
461.41M – 477.16M
+5.9% YoY
484.99M
480.77M – 489.20M
+3.3% YoY
EPS
0.66
est: 0.51 (+29.9%)
0.66
est: 0.46 (+44.4%)
0.58
est: 0.40 (+46.0%)
0.77
est: 0.55 (+41.2%)
0.54
est: 0.42 (+29.0%)
0.73
est: 0.59 (+24.8%)
0.78
est: 0.61 (+27.1%)
0.87
est: 0.79 (+10.5%)
1.29
est: 0.11 (+1,049.4%)
1.32
est: 1.34 (-1.3%)
1.27
est: 1.40 (-9.3%)
1.19
1.18 – 1.21
-14.7% YoY
1.30
1.06 – 1.54
+8.7% YoY
1.23
1.22 – 1.25
-5.0% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-04-24 A+ 4/5 5/5 5/5 5/5 2/5 4/5 3/5
2026-04-23 A+ 4/5 5/5 5/5 5/5 2/5 4/5 3/5
2026-04-22 A+ 4/5 5/5 5/5 5/5 2/5 4/5 3/5
2026-04-21 A+ 4/5 5/5 5/5 5/5 2/5 4/5 3/5
2026-04-20 A+ 4/5 5/5 5/5 5/5 2/5 4/5 3/5
2026-04-17 A+ 4/5 5/5 5/5 5/5 2/5 4/5 3/5
2026-04-16 A+ 4/5 5/5 5/5 5/5 2/5 4/5 3/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
143.76M
OE per share TTM
1.03
Owner's Yield
1.06%
Maintenance CapEx ratio
60.29%
Maint CapEx / Avg PPE
2.8%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
—
Total invested
—
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 55 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 iShares International Small-Cap Equity Factor ETF ISCF 0.17% 1.08M 0.24%
2 iShares OMX Stockholm Capped UCITS ETF OM3X.DE 0.13% 276.3K 0.10%
3 State Street SPDR MSCI Europe Small Cap Value Weighted UCITS ETF EUR Acc ZPRX.DE 0.11% 872.2K 0.30%
4 FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund TLTD 0.07% 454.5K 0.41%
5 iShares MSCI Europe Small-Cap ETF IEUS 0.07% 113.7K 0.41%
6 Xtrackers MSCI Europe Small Cap UCITS ETF 1C XXSC.L 0.06% 2.18M 0.30%
7 Amundi MSCI Europe Small Cap ESG Broad Transition UCITS ETF Dist X026.DE 0.06% 206.9K 0.23%
8 Amundi MSCI Europe Small Cap ESG Broad Transition UCITS ETF Acc CEM.PA 0.06% 206.9K 0.23%
9 iShares $ Treasury Bond 3-7yr UCITS ETF CBUG.DE 0.05% 211.2K 0.10%
10 Amundi MSCI Millennials UCITS ETF Acc GENY.L 0.03% 7.2K 0.45%

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
93.1K
Shares Outstanding
138.29M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Jesper Svensson Chief Executive Officer of Operations 7M male
Pontus Lindwall Chief Executive Officer, President & Executive Director 2M male
Jonas Rodny Interim Head of Investor Relation — —
Kristian Saliba Chief Financial Officer of Operations — male
Lena Nordin Chief Human Resources Officer — female
Martin Ohman Chief Financial Officer — male
Triin Toomemets-Krasnitski Chief Legal Officer — female
Johan Berg Group Business Controller — male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits

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