Added to YB: 2025-12-10
Pitch date: 2025-12-06
EVO.ST [bullish]
Evolution AB (publ)
+2.22%
current return
Author Info
The Dutch Investors are a team of four seasoned, passionate inversores uncovering the world's top businesses. They bring you 52 in-depth stock analyses each year! Sign up for the newsletter.
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 11.5B
Pitch Price
SEK 620.60
Price Target
N/A
Dividend
4.85%
EV/EBITDA
7.45
P/E
10.42
EV/Sales
4.89
Sector
Hotels, Restaurants and Leisure
Category
value
Evolution AB: The Story has Changed
EVO.ST: Dominant live casino provider (60-80% EU, 90% NA market share) faces first revenue decline due to Asia stream hijacking, EU ring-fencing, Georgia studio issues. Still 65% EBITDA, 50% net margins. Trading 11x earnings vs historical growth. US +15% YoY growth. CEO buying shares. Target 11% annual returns on re-rating.
Read full article (5 min)