Is Super Group (SGHC) Ltd. overvalued or undervalued?

Oct 20 2025 12:30 PM IST
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As of October 17, 2025, Super Group (SGHC) Ltd. is considered overvalued with a valuation grade change from fair to expensive, reflected in high P/E, Price to Book, and EV to EBITDA ratios compared to industry peers, despite a significant year-to-date return of 105.94%.
As of 17 October 2025, the valuation grade for Super Group (SGHC) Ltd. has moved from fair to expensive, indicating that the company is overvalued. Key valuation ratios include a P/E ratio of 26, a Price to Book Value of 6.64, and an EV to EBITDA of 11.83, which are all higher than many peers in the industry. For instance, Wynn Resorts Ltd. has a P/E of 31.93 and an EV to EBITDA of 13.90, while Boyd Gaming Corp. shows a more attractive P/E of 11.80 and an EV to EBITDA of 8.27.

Despite impressive returns, with a year-to-date increase of 105.94% compared to the S&P 500's 13.30%, the high valuation ratios suggest that Super Group (SGHC) Ltd. may not sustain such performance levels in the future. Overall, the combination of high valuation metrics and the recent grade change supports the conclusion that the stock is overvalued.
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