WallStSmart

Accel Entertainment Inc (ACEL)vsSGHC Limited (SGHC)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

SGHC Limited generates 76% more annual revenue ($2.34B vs $1.33B). SGHC leads profitability with a 9.8% profit margin vs 3.9%. ACEL trades at a lower P/E of 18.2x. SGHC earns a higher WallStSmart Score of 56/100 (C).

ACEL

Buy

54

out of 100

Grade: C-

Growth: 8.0Profit: 6.0Value: 8.3Quality: 6.0
Piotroski: 4/9Altman Z: 2.23

SGHC

Buy

56

out of 100

Grade: C

Growth: 6.0Profit: 8.5Value: 8.3Quality: 6.8
Piotroski: 4/9Altman Z: 3.27
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

ACELUndervalued (+60.5%)

Margin of Safety

+60.5%

Fair Value

$28.08

Current Price

$11.26

$16.82 discount

UndervaluedFair: $28.08Overvalued
SGHCUndervalued (+56.7%)

Margin of Safety

+56.7%

Fair Value

$19.66

Current Price

$10.54

$9.12 discount

UndervaluedFair: $19.66Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

ACEL1 strengths · Avg: 10.0/10
EPS GrowthGrowth
109.3%10/10

Earnings expanding 109.3% YoY

SGHC4 strengths · Avg: 9.0/10
Return on EquityProfitability
32.8%10/10

Every $100 of equity generates 33 in profit

Altman Z-ScoreHealth
3.2710/10

Safe zone — low bankruptcy risk

Operating MarginProfitability
23.5%8/10

Strong operational efficiency at 23.5%

Revenue GrowthGrowth
17.8%8/10

17.8% revenue growth

Areas to Watch

ACEL4 concerns · Avg: 2.3/10
Market CapQuality
$908.63M3/10

Smaller company, higher risk/reward

Profit MarginProfitability
3.9%3/10

3.9% margin — thin

Free Cash FlowQuality
$-42.73M2/10

Negative free cash flow — burning cash

Debt/EquityHealth
2.261/10

Elevated debt levels

SGHC0 concerns · Avg: 0/10

No major concerns identified

Comparative Analysis Report

WallStSmart Research

Bull Case : ACEL

The strongest argument for ACEL centers on EPS Growth.

Bull Case : SGHC

The strongest argument for SGHC centers on Return on Equity, Altman Z-Score, Operating Margin. Revenue growth of 17.8% demonstrates continued momentum.

Bear Case : ACEL

The primary concerns for ACEL are Market Cap, Profit Margin, Free Cash Flow. Debt-to-equity of 2.26 is elevated, increasing financial risk. Thin 3.9% margins leave little buffer for downturns.

Bear Case : SGHC

No major red flags identified for SGHC, but monitor valuation.

Key Dynamics to Monitor

ACEL profiles as a value stock while SGHC is a growth play — different risk/reward profiles.

SGHC carries more volatility with a beta of 1.10 — expect wider price swings.

SGHC is growing revenue faster at 17.8% — sustainability is the question.

Monitor GAMBLING industry trends, competitive dynamics, and regulatory changes.

Bottom Line

SGHC scores higher overall (56/100 vs 54/100) and 17.8% revenue growth. ACEL offers better value entry with a 60.5% margin of safety. Both earn "Buy" and "Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Accel Entertainment Inc

CONSUMER CYCLICAL · GAMBLING · USA

Accel Entertainment, Inc., is a distributed games operator in the United States. The company is headquartered in Burr Ridge, Illinois.

SGHC Limited

CONSUMER CYCLICAL · GAMBLING · USA

Super Group (SGHC) Limited is an online sports betting and gaming operator. The company is headquartered in Saint Peter Port, Guernsey.

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