Stock fact sheet · data as of
Super Group (SGHC) Limited (SGHC): fair value, margin of safety and Wheel Score
Consumer Cyclical · Gambling, Resorts & Casinos · Guernsey · High Growth
Is SGHC undervalued?
At 11.12 (close of 16 Oct 2026), SGHC trades 17% under the GLS average fair value of 13.44. 4 of the 9 models that produced a value land above the price. A discount of this size counts as a positive margin of safety in every GLS screen; whether it is enough depends on the rest of the picture - the health score, the moat and the option premium below.
There is a wide gap between Graham Number (5.18) and Graham Growth (26.59). When the models are this far apart the "fair value" is really a range, and the margin of safety above should be read with that range in mind.
The nightly engine files SGHC under High Growth: revenue and earnings growing fast enough that the growth-based models carry the valuation.
Nine valuation models for SGHC
Each model turns the latest filed numbers into a value per share; the GLS fair value is the simple average of the ones that produce a positive number. The last two rows are shown for reference and never enter the average. The Quote page lets you switch any model off and add your own margin of safety.
| Model | Value | vs price | What it measures |
|---|---|---|---|
| DCF | 8.61 | -23% | Present value of the projected free cash flows, discounted at the cost of capital |
| Graham Number | 5.18 | -53% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 26.59 | +139% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 10.50 | -6% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 23.65 | +113% | EPS compounded ten years at the blended growth rate, discounted back at 15% a year |
| 10 Cap | 15.75 | +42% | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10% |
| Payback Time | 16.10 | +45% | Eight years of compounded free cash flow: the price at which the business pays for itself |
| DDM | 6.47 | -42% | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend |
| EPV | 8.09 | -27% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | 0.5431 | -95% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 18.00 | +62% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
Super Group (SGHC) Limited scores 5 of 9 on the Piotroski F-score: a middling result that falls one point short of the Sunday Scan's "6 or more" rule. Some of the nine tests on profitability, leverage and efficiency are failed, so the accounts are worth a look before selling a put on the name. On durability SGHC scores 6.3/10 on the GLS Moat - a middle reading; the Scorecard on the Quote page's Financials tab shows which ten-year lines are steady and which are not.
Returns on capital are high - ROIC 24.5%, ROE 27.0%, ROA 17.1% - with debt at 0.10 times equity and a free-cash-flow yield of 4.5%.
The dividend yield is 3.96% at a payout ratio of 48%; for a wheel trader holding assigned shares the dividend adds to the covered-call premium, and the ex-dividend date is worth knowing before a call is sold. Revenue comes mainly from Other 100% (fiscal year FY2025).
Institutional ownership scores 3/10, insider activity 1/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 5 / 9 | ROIC | 24.5% |
|---|---|---|---|
| GLS Moat | 6.3 / 10 | ROE | 27.0% |
| Debt / equity | 0.10 | ROA | 17.1% |
| Free-cash-flow yield | 4.5% | Payout ratio | 48% |
| Institutions | 3 / 10 | Insiders · Congress | 1 · 5 / 10 |
Wheel Score 79: Good
With a Wheel Score of 79 - the Good band - Super Group (SGHC) Limited clears the Sunday Scan's "70 or higher" rule. The parts: Value 20/25, Health 11/20, Moat 9/15, Premium 20/20, Stability 19/20; Health (11/20) scores lowest.
Implied volatility is 56% on the near-the-money contracts 20-60 days out - inside the 35-60% range the Wheel Score pays full marks for: enough premium to be worth selling, not so much that the risk is unpaid. The option chain is deep: 94,570 contracts of open interest across all expiries, which means tight fills at most strikes.
Volume runs at 1.8M shares a day on a market cap of $5.6B, with a beta of 1.12; the Stability part of the Wheel Score gives that 19 of 20.
| Part | Points | From | |
|---|---|---|---|
| Value | 20 / 25 | 17% margin of safety | |
| Health | 11 / 20 | Piotroski 5/9 | |
| Moat | 9 / 15 | moat 6.3/10 | |
| Premium | 20 / 20 | implied volatility 56% | |
| Stability | 19 / 20 | 1.8M shares/day, $5.6B cap, beta 1.12 |
The Wheel Score ranks ~7,400 US stocks for selling cash-secured puts and covered calls; it is updated nightly and is not a recommendation. The walkthrough lesson shows how the score fits into a trade, start to finish.
Upcoming events
The next earnings report is due on 2 Nov 2026 (after the close), 17 days away; a 30-45-day put sold today would expire after it, which is worth weighing against the premium.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Gambling, Resorts & Casinos
The 12 companies below are the closest to Super Group (SGHC) Limited by market cap within the Gambling, Resorts & Casinos industry, each with its own fact sheet; the Compare page puts up to eight of them side by side.
| Stock | Close | Fair value | MoS | Wheel | Mkt cap |
|---|---|---|---|---|---|
| CHDN Churchill Downs Incorporated | 82.15 | 109.00 | +25% | 85Prime | $5.7B |
| MTN Vail Resorts, Inc. | 152.96 | 112.59 | -36% | 56Fair | $5.5B |
| CZR Caesars Entertainment, Inc. | 29.25 | 96.50 | +70% | 45Weak | $6.0B |
| RSI Rush Street Interactive, Inc. | 18.49 | 15.97 | -16% | 61Fair | $5.2B |
| BYD Boyd Gaming Corporation | 70.97 | 385.85 | +82% | 85Prime | $5.2B |
| LNWO Light & Wonder, Inc. | 81.71 | 103.62 | +21% | 39No options | $6.3B |
| MGM MGM Resorts International | 29.48 | 56.64 | +48% | 87Prime | $7.4B |
| WYNN Wynn Resorts, Limited | 73.73 | 169.18 | +56% | 84Prime | $7.6B |
| VAC Marriott Vacations Worldwide Corporation | 106.23 | 42.56 | -150% | 43Weak | $3.7B |
| DKNG DraftKings Inc. | 19.31 | 63.10 | +69% | 45Weak | $9.6B |
| RRR Red Rock Resorts, Inc. | 49.77 | 91.51 | +46% | 80Prime | $2.9B |
| FLUT Flutter Entertainment plc | 76.18 | 133.91 | +43% | 45Weak | $13.2B |
⚖ Compare SGHC with 7 of them All Consumer Cyclical stocks →
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Start free See the Sunday ScanQuestions about SGHC
Is SGHC undervalued right now?
By the GLS models, moderately: at 11.12 the stock trades 17% below the average fair value of 13.44 (data as of 16 Oct 2026).
What is the Wheel Score of SGHC and what does it mean?
SGHC scores 79 out of 100 (Good). The Wheel Score blends the margin of safety (25 points), Piotroski health (20), the GLS moat (15), the option premium on offer (20) and trading stability (20) into one number that ranks stocks for the wheel strategy - selling cash-secured puts, then covered calls if assigned. 80 and above is Prime, 65-79 Good, 50-64 Fair, under 50 Weak.
What is the GLS fair value for SGHC?
13.44 per share as of 16 Oct 2026 - the simple average of the 9 valuation models (out of nine: DCF, Graham Number, Graham Growth, Lynch, GLS Growth, 10 Cap, Payback Time, DDM and EPV) that produced a positive value. The models run every night on the latest filings; the Quote page lets you switch any of them off and add a margin of safety of your own.
When does Super Group (SGHC) Limited report earnings next?
The next earnings report is due on 2 Nov 2026 (after the close), 17 days from the data date of 16 Oct 2026. The Calendars page lists every upcoming report with its time of day.
Does SGHC have listed options, and how liquid are they?
Yes. The nightly snapshot found 240 listed contracts with 94,570 open interest across all expiries and implied volatility of 56% on the near-the-money contracts. The Options scanner lists the cash-secured put and covered call set-ups with premium and annualised yield worked out.