Added to YB: 2024-08-19
Pitch date: 2024-08-10
EVO.ST [bullish]
Evolution AB (publ)
-34.64%
current return
Author Info
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Company Info
Evolution AB (publ) develops, produces, markets, and licenses online casino systems to gaming operators in Europe, Asia, North America, Latin America, and internationally.
Market Cap
SEK 11.3B
Pitch Price
SEK 962.38
Price Target
1.8K (+193%)
Dividend
4.93%
EV/EBITDA
7.33
P/E
10.26
EV/Sales
4.81
Sector
Hotels, Restaurants and Leisure
Category
value
Evolution: A wonderful Growing Company at an Undervalued Price
EVO.ST: Leading B2B live casino provider, 50%+ CAGR, 60%+ margins past decade. Trades at 17x P/E vs 5yr avg 34x. DCF suggests 45% undervalued. Risks: regulatory changes, grey markets (60% rev). Moat: scale, experience, regulation. Strong growth prospects in expanding online gambling market.
Read full article (16 min)