Added to YB: 2025-05-06
Pitch date: 2025-05-03
EVO.ST [neutral]
Evolution AB (publ)
-4.17%
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 656.40
Price Target
1.1K (+78%)
Dividend
4.93%
EV/EBITDA
7.33
P/E
10.26
EV/Sales
4.81
Sector
Hotels, Restaurants and Leisure
Category
value
Is Evolution permanently impaired?
EVO.ST (quick overview): B2B gaming leader hit by 20% drop after 1Q25 miss. Facing Asia cyber theft & European revenue decline (-1% YoY) from regulatory ringfencing. Despite CFO exit, DCF shows €112 intrinsic value vs €61 price. Market pricing zero growth despite 10yr EPS CAGR of 56%. At 11x P/E fwd, 8.2x EV/EBITDA, looks undervalued.
Read full article (4 min)