Financials Better Collective A/S

Equities

BETCO

DK0060952240

Internet Services

Real-time Estimate Cboe Europe 03:22:35 2024-06-07 am EDT 5-day change 1st Jan Change
225.8 SEK +0.78% Intraday chart for Better Collective A/S -7.39% -12.09%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 347.7 695.5 1,044 622.8 1,244 1,243 - -
Enterprise Value (EV) 1 361.3 765.7 1,136 849.9 1,465 1,447 1,343 1,245
P/E ratio 24.2 x 33.4 x 58.3 x 13.4 x 32.9 x 22 x 14.9 x 11.8 x
Yield - - - - - - - -
Capitalization / Revenue 5.16 x 7.63 x 5.89 x 2.31 x 3.81 x 3.04 x 2.65 x 2.36 x
EV / Revenue 5.36 x 8.4 x 6.42 x 3.16 x 4.48 x 3.53 x 2.86 x 2.36 x
EV / EBITDA 12.9 x 20.1 x 20.4 x 9.99 x 13.2 x 10.8 x 8.29 x 6.52 x
EV / FCF -12.3 x 31.4 x 58.9 x -17 x 17.5 x 16.6 x 12 x 8.58 x
FCF Yield -8.15% 3.19% 1.7% -5.89% 5.73% 6.03% 8.32% 11.6%
Price to Book 2.51 x 4.31 x - 1.5 x 2.93 x 1.84 x 1.65 x 1.45 x
Nbr of stocks (in thousands) 46,425 46,278 54,202 54,547 53,980 62,846 - -
Reference price 2 7.490 15.03 19.25 11.42 23.04 19.78 19.78 19.78
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 91.19 177.1 269.3 326.7 409.5 469.9 526.9
EBITDA 1 28.06 38.15 55.78 85.08 111.1 134 162 190.8
EBIT 1 21.82 30.37 45.5 70.41 82.84 91.5 119.3 145
Operating Margin 32.35% 33.3% 25.7% 26.14% 25.36% 22.34% 25.38% 27.52%
Earnings before Tax (EBT) 1 18.76 28.71 26.23 64.96 58.01 70.75 107.5 135.5
Net income 1 13.94 21.93 17.29 48.08 39.84 53.04 81.12 102.7
Net margin 20.67% 24.05% 9.77% 17.85% 12.19% 12.95% 17.26% 19.5%
EPS 2 0.3100 0.4500 0.3300 0.8500 0.7000 0.8987 1.325 1.677
Free Cash Flow 1 -29.44 24.41 19.28 -50.06 83.87 87.2 111.8 145
FCF margin -43.65% 26.77% 10.89% -18.59% 25.67% 21.29% 23.78% 27.52%
FCF Conversion (EBITDA) - 63.99% 34.57% - 75.5% 65.06% 68.98% 75.98%
FCF Conversion (Net income) - 111.34% 111.52% - 210.53% 164.39% 137.76% 141.14%
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 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 52.79 67.39 56.04 59.72 86.14 87.9 78.12 75.43 85.2 95.03 102.6 102.8 106.8
EBITDA 1 16.34 23.11 12.23 14.56 35.18 33.3 28.7 19.6 29.51 29 33.9 33.65 35.05
EBIT 1 12.33 20.34 8.991 10.25 30.83 28.69 21.93 12.02 20.2 19.3 26 25 22
Operating Margin 23.36% 30.17% 16.04% 17.17% 35.79% 32.64% 28.07% 15.93% 23.71% 20.31% 25.34% 24.33% 20.59%
Earnings before Tax (EBT) - 18.03 - 9.017 29.01 27.35 - - 13.7 10.26 - - -
Net income 1 - 13.74 - 6.949 20.28 20.94 8.302 3.107 7.491 7.553 12.3 11.9 16.9
Net margin - 20.39% - 11.64% 23.54% 23.82% 10.63% 4.12% 8.79% 7.95% 11.99% 11.58% 15.82%
EPS 2 - 0.2400 - 0.1200 0.3500 0.3800 0.1400 0.0500 0.1300 0.1200 0.2100 0.2100 0.3000
Dividend per Share - - - - - - - - - - - - -
Announcement Date 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 5/21/24 - - -
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 92.4 227 221 204 100 1.67
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 0.4863 x 1.84 x 1.657 x 2.67 x 1.991 x 1.524 x 0.6181 x 0.008724 x
Free Cash Flow 1 -29.4 24.4 19.3 -50.1 83.9 87.2 112 145
ROE (net income / shareholders' equity) 12.4% 14.6% 6.82% 12.7% 9.39% 9.55% 11% 13%
ROA (Net income/ Total Assets) 7.37% 8.05% - 6.95% 4.62% - - -
Assets 1 189.1 272.3 - 691.3 861.5 - - -
Book Value Per Share 2 2.980 3.480 - 7.600 7.860 10.70 12.00 13.70
Cash Flow per Share 2 - - - - - 1.600 1.800 2.400
Capex 1 0.96 2.26 0.69 1.8 5.14 4.73 5.5 5.98
Capex / Sales 1.42% 2.48% 0.39% 0.67% 1.57% 1.15% 1.17% 1.13%
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
4
Last Close Price
19.78 EUR
Average target price
31.41 EUR
Spread / Average Target
+58.79%
Consensus
  1. Stock Market
  2. Equities
  3. BETCO Stock
  4. Financials Better Collective A/S