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Super Group (SGHC)

SGHC on NYSE. Miscellaneous amusement & recreation. Market value $5.7bn.

Watch this stockFree. We tell you when something changes.

This company reports once a year (it is based outside the US), so every figure comes from its annual report for the year to December 2024.

We can't read total debt from the filing, so debt is left out.

Cash flow or capital spending isn't reported, so free cash flow is unknown.

The latest annual report is over 15 months old, so we don't rank it.

Should I look at this?

Not a fit for our list right now

Why it could be worth it

Nothing stands out yet.

What to watch out for

See Retail & consumer stocks that passed both tests

This is not advice. Check the numbers below.

Compare with another stock

Cash yield
annual report to December 2024
n/a

We could not compute this from the filings.

Price to profit
annual report to December 2024
n/a

The filings do not give us enough to work this out.

Return on capital
five annual reports to December 2024
n/a

The filings do not give us enough to work this out.

Quality score: not known. Price score: not known. Our list needs 70 on quality and 60 on price.

$11.43 a share, 35% above its 1-year low

Over the past year the price has ranged from $8.46 to $15.86.

Prices from Tuesday’s close (6 October).

Five years of cash, in billions

n/a
n/a
n/a
n/a
2021202220232024
Revenue
n/an/an/an/a
Operating margin
n/an/an/an/a
Debt to equity
n/an/an/an/a
Shares outstanding
0.49bn0.50bn0.50bn0.50bn

Health checks

  • Free cash flow positiveNot enough data
  • Accounting looks honest (Beneish)Not enough data
  • Financial strength (Piotroski)Not enough data
  • Profit backed by cash (accruals)Not enough data
  • DebtUnknown
  • Revenue growth, five yearsUnknown
  • Buying back its own sharesRoughly flat

Dates

Next results (estimated)
n/a
Last annual report (10-K)
17 April 2026
Next quarterly (estimated, 10-Q)
n/a

Who owns it

1 long-term investor we follow owns it, unchanged from 1 last quarter. 193 funds in all.

Jun '25
Dec '25
Jun '26
Largest holders overall

From 13F filings for the quarter ended 30 June 2026.

Big holders and activists

3 investors own more than 5%.

  • Knutsson Limited
    at least 46.2%
    (filed with 6 related holders)
    Since 7 August 2026
    What they said

    Item 4 of the Original Schedule 13D is hereby amended and supplemented by adding the following paragraph at the end thereof: The information included in Item 3 hereof is hereby incorporated by reference herein.

    Read the filing
  • Chivers Limited
    at least 17.7%−0.9 pts
    (filed with 4 related holders)
    Since 15 September 2026
    What they said

    Item 4 of this Schedule 13D is supplemented and superseded, as the case may be, as follows: On September 15, 2026, Waddle, in its capacity as trustee of the Chivers Trust, exercised its powers under the Chivers Trust to appoint and distribute in specie 4,273,535 Ordinary Shares…

    Read the filing
  • at least 6.1%
    (filed with 2 related holders)
    Since 13 January 2026

From Schedule 13D and 13G filings: anyone owning more than 5% must file one.

What insiders did

No insider bought shares on the open market in the last 12 months. 5 sold $7m.

  • Ben David Alon
    Chief Technology Officer
    Sold
    Date
    14 September 2026
    Shares
    23,300
    Price
    $13.79
    Value
    $321,307
  • Ross Kirsty Farrah
    Chief Operating Officer
    Sold
    Date
    28 August 2026
    Shares
    40,000
    Price
    $14.00
    Value
    $560,000
  • Van Wyk Alinda
    Chief Financial Officer, Director
    Sold
    Date
    31 July 2026
    Shares
    22,644
    Price
    $13.97
    Value
    $316,337
  • Menashe Neal
    Chief Executive Officer, Director
    Sold
    Date
    31 July 2026
    Shares
    48,440
    Price
    $13.97
    Value
    $676,707
  • Ross Kirsty Farrah
    Chief Operating Officer
    Sold
    Date
    31 July 2026
    Shares
    54,551
    Price
    $13.97
    Value
    $762,077
  • Ben David Alon
    Chief Technology Officer
    Sold
    Date
    30 June 2026
    Shares
    8
    Price
    $13.74
    Value
    $107
  • Ross Kirsty Farrah
    Chief Operating Officer
    Sold
    Date
    2 June 2026
    Shares
    25,356
    Price
    $13.00
    Value
    $329,628
  • Van Wyk Alinda
    Chief Financial Officer, Director
    Sold
    Date
    19 May 2026
    Shares
    78,837
    Price
    $13.70
    Value
    $1m
  • Ross Kirsty Farrah
    Chief Operating Officer
    Sold
    Date
    15 May 2026
    Shares
    44,628
    Price
    $13.03
    Value
    $581,503
  • Nathan Martine
    General Counsel
    Sold
    Date
    8 April 2026
    Shares
    4,761
    Price
    $10.71
    Value
    $50,990

From Form 4 filings: insiders must report trades in their own company's shares within two days.

What could go wrong

Cheap for a reason is the question the numbers cannot answer.

Whether the price already reflects the risks is what the deep dive is for.

The deep dive

Everything above is arithmetic on public filings. The deep dive reads the last ten years of annual reports, the proxy statements, and the earnings calls, then argues the case the way Buffett, Klarman, and Hohn would, and checks every claim against the source.

  • What the business is worth, as a range, and the margin of safety at today’s price
  • Prices to start buying, buy, and buy hard
  • The three things that would make this a mistake
  • Every number footnoted to the filing it came from
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What a finished deep dive looks like

Not advice. Numbers on this page come from SEC filings and are updated each night; prices are updated again after the US market closes. The five-year figures are rounded.