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Betsson AB (OSTO:BETS B) EV-to-EBIT : 6.26 (As of May. 21, 2024)


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What is Betsson AB EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Betsson AB's Enterprise Value is kr15,983 Mil. Betsson AB's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was kr2,554 Mil. Therefore, Betsson AB's EV-to-EBIT for today is 6.26.

The historical rank and industry rank for Betsson AB's EV-to-EBIT or its related term are showing as below:

OSTO:BETS B' s EV-to-EBIT Range Over the Past 10 Years
Min: 5.16   Med: 10.68   Max: 24.26
Current: 6.26

During the past 13 years, the highest EV-to-EBIT of Betsson AB was 24.26. The lowest was 5.16. And the median was 10.68.

OSTO:BETS B's EV-to-EBIT is ranked better than
84.34% of 632 companies
in the Travel & Leisure industry
Industry Median: 15.785 vs OSTO:BETS B: 6.26

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Betsson AB's Enterprise Value for the quarter that ended in Mar. 2024 was kr13,784 Mil. Betsson AB's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was kr2,554 Mil. Betsson AB's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 18.53%.


Betsson AB EV-to-EBIT Historical Data

The historical data trend for Betsson AB's EV-to-EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Betsson AB EV-to-EBIT Chart

Betsson AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.60 9.34 6.41 7.56 6.11

Betsson AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.56 7.17 7.05 6.11 5.40

Competitive Comparison of Betsson AB's EV-to-EBIT

For the Gambling subindustry, Betsson AB's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Betsson AB's EV-to-EBIT Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Betsson AB's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Betsson AB's EV-to-EBIT falls into.



Betsson AB EV-to-EBIT Calculation

Betsson AB's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=15982.630/2554.383
=6.26

Betsson AB's current Enterprise Value is kr15,983 Mil.
Betsson AB's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr2,554 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Betsson AB  (OSTO:BETS B) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Betsson AB's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2024 ) =EBIT / Enterprise Value (Q: Mar. 2024 )
=2554.383/13783.7674
=18.53 %

Betsson AB's Enterprise Value for the quarter that ended in Mar. 2024 was kr13,784 Mil.
Betsson AB's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr2,554 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Betsson AB EV-to-EBIT Related Terms

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Betsson AB (OSTO:BETS B) Business Description

Traded in Other Exchanges
Address
Regeringsgatan 28, Stockholm, SWE, 111 53
Betsson AB is a holding company that invests in and manages companies operating in the online gaming industry. The products consist of casino and sports betting. The largest category of the casino is slots, i.e. virtual slot machines, followed by the live casino, which provides the player with a virtual, real-life-like casino experience with table games broadcast live from the game provider's studio. Company's approximately 20 brands include either the entire product portfolio, such as Betsson, Betsafe and Nordicbet, or just one product, such as Racebets (betting on horses) and Jalla Casino (casino). The brands' services are offered through the proprietary platform that manages payments, customer information, accounts, transactions and a range of games on offer.

Betsson AB (OSTO:BETS B) Headlines

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