Employees: 1,391
Size Better Collective A/S (BETCO-DKK.CO) is a Denmark Industrials company (Broadcasting) with a market value of $407M, the 55th largest of 59 Denmark companies the cockpit tracks. Shares closed at DKK 45.55 on 6 Nov 2026.
Performance Over six months the shares fell 51.5%, against +15.2% for the median peer and +8.8% for the Denmark market (cap-weighted) — lowest of 6 in its peer set.
Growth Revenue fell 0.7% over the last twelve months (peer median +9.7%); the operating margin is 19.4% (peer median 3.5%).
Valuation It trades at 9.2× forward earnings against a peer median of 14.4× (cheapest of 5).
Price implies For today's price to make sense, revenue must grow about -10% a year for seven years (Req g). Recent delivered growth is +29%, so the hurdle is -39 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 0.8 points above its cost of capital (5.0% WACC).
Next results Next results expected around 18 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | DKK 2.56B | DKK 2.57B | DKK 2.76B | DKK 2.50B | DKK 1.91B |
| Revenue growth | — | -7% | +11% | +31% | — |
| Gross profit | DKK 737M | DKK 716M | DKK 820M | DKK 844M | DKK 664M |
| EBITDA | DKK 806M | DKK 779M | DKK 843M | DKK 850M | DKK 602M |
| Net income | DKK 222M | DKK 180M | DKK 253M | DKK 305M | DKK 340M |
| Free cash flow | DKK 529M | DKK 388M | DKK 339M | DKK 642M | DKK 328M |
| Capital expenditure | DKK 248M | DKK 191M | DKK 280M | DKK 260M | DKK 696M |
| Total debt | DKK 2.07B | DKK 2.03B | DKK 2.06B | DKK 1.96B | DKK 1.55B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
Peer set: Sector in the same market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | BETCO-DKK.CO | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -6.2% | +7.4% | 2nd lowest of 7 |
| 6-month return | -51.5% | +15.2% | lowest of 6 |
| Distance from 52-week high | -56.6% | -13.2% | lowest of 7 |
| Revenue growth (TTM) | -0.7% | +9.7% | 2nd lowest of 7 |
| Operating margin | 19.4% | 3.5% | highest of 7 |
| Forward P/E | 9.2× | 14.4× | cheapest of 5 |
| Growth the price implies (Req g, 7 yrs) | -9.7% | 2.6% | least demanding of 5 |
| Growth delivered (Del g) | +29.4% | +16.8% | 2nd highest of 5 |
| Hurdle (Req g minus delivered) | -39.1 pp | -14.7 pp | 2nd least demanding of 5 |
| ROIC minus cost of capital | +0.8 pp | -0.1 pp | 2nd highest of 7 |
| EV / EBITDA | 5.7× | 9.3× | 3rd cheapest of 6 |
| Net debt / EBITDA | 2.3× | 2.7× | 3rd least indebted of 6 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Better Collective A/S BETCO-DKK.CO | Denmark | $407M | -52% | -1% | 19% | 9.2× | -9.7% | +29.4% |
| Brdr A & O Johansen A/S AOJ-B.CO | Denmark | $439M | +17% | +12% | 5% | 11.8× | 0.7% | +8.4% |
| InstallatorGruppen A/S IG.CO | Denmark | $584M | n/a | +51% | 4% | n/a | 9.1% | +50.8% |
| Gubra A/S GUBRA.CO | Denmark | $746M | -6% | -90% | -72% | n/a | n/a | n/a |
| NTG Nordic Transport Group A/S NTG.CO | Denmark | $1.09B | +71% | +16% | 5% | 20.6× | -0.4% | +16.4% |
| Dfds A/s DFDS.CO | Denmark | $1.33B | +8% | +3% | 3% | 17.0× | 4.6% | +17.2% |
| Dampskibsselskabet NORDEN A/S DNORD.CO | Denmark | $1.46B | +15% | +7% | 3% | 9.6× | n/a | n/a |