Added to YB: 2024-12-16
Pitch date: 2024-12-13
EVO.ST [bullish]
Evolution AB (publ)
-28.08%
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 874.63
Price Target
N/A
Dividend
4.93%
EV/EBITDA
7.33
P/E
10.26
EV/Sales
4.81
Sector
Hotels, Restaurants and Leisure
Category
value
Revisiting Evolution AB
EVO.ST: Leading online casino software provider. Strong moat, 20% YTD rev growth despite challenges. DCF shows 14.6% base return. Risks: regulation, ethics, customer concentration. 3%+ dividend, buybacks. Cheap valuation, slower growth expected. Europe market lag, temp headwinds (strike, cyberattacks, tax hike) impacting stock.
Read full article (5 min)