Super Group (SGHC) Limited logo SGHC - Super Group (SGHC) Limited

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 8
HOLD 0
SELL 0
STRONG
SELL
0
| PRICE TARGET: $18.00 DETAILS
HIGH: $18.00
LOW: $18.00
MEDIAN: $18.00
CONSENSUS: $18.00
UPSIDE: 61.87%
AlphaVal

AlphaVal

Deterministic, archetype-aware fair value

Platform & Compounding FCF 85% confidence

Primary model: Two-stage FCF DCF

Valuation Signal Undervalued Moderate
Trading 39.5% below fair value
Current Price $11.12
Bear Case $12.78 15.0% upside ($12.78 - $11.12) / $11.12 = 15.0% 8% stage 1 growth, 11% discount
Fair Value $18.38 65.3% upside ($18.38 - $11.12) / $11.12 = 65.3% 13% stage 1 growth, 11% discount
Bull Case $24.29 118.4% upside ($24.29 - $11.12) / $11.12 = 118.4% 17% stage 1 growth, 11% discount

Adjust Assumptions

12.9%
11.0%
3.0%

Key Value Driver

FCF growth rate (13% base case)

Terminal Value % of EV 41%
Implied Market Multiple 15.7x
Market is pricing in (growth) 5.7% vs our 12.9% base

Plain-Language Summary

Using a two-stage FCF DCF with 13% growth decelerating over 15 years, discounted at 11%, the base-case intrinsic value is $18.38 per share.

Analyst Consensus (External Reference)

Never blended into the bear/base/bull estimates above -- shown only as an outside comparison.

Average Target (8 analysts) $18.00
Analyst Range $18.00 – $18.00
Divergence from AlphaVal 2%

Key Risks

  • P/E alone misleads — earnings depressed by growth investment
  • Cyclical or commodity businesses may be misclassified as platforms
  • Terminal value dominance suggests sensitivity to long-run assumptions